NOT LISTED FOR SALE

2802 Cherrywood Unit 2802 Irvine, CA 92618

Oak Creek Neighborhood

Estimated Value: $731,000 - $797,000

1 Bed
1.5 Baths
890 Sq Ft
$264/mo HOA Fee

Last Sold July 11, 2016

Last sale price $385,500 $433 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $4,821/month

12 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Mountain View
  • Oak Creek Elementary Rated A
  • Gated Community
  • Tennis Courts

About This Home

As of July 2016

LOCATED IN THE PRIME GATED COMPLEX OF OAK PARK, THIS UNIT IS CLEAN AND IN MOVE-IN CONDITION. MUST SEE TO APPRECIATE UNIT AND LOCATION.

Last Agent to Sell the Property

Edgardo Sabocor

Century 21 Ludecke Inc. License #00801792 Listed on: 05/15/2016

Last Buyer's Agent

Mike Ludecke

Century 21 Ludecke Inc. License #00370279

Century 21 Ludecke Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,745

Year Built

  • Built in 1999

Lot Details

  • Two or More Common Walls
  • Garden

HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Interior Spaces

  • 890 Sq Ft Home
  • Mountain Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Upper Level Bedrooms
  • Walk-In Closet

Outdoor Features

  • Private Pool
  • Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 15785
  • Assessor Parcel Number 93463137

Community Details

Overview

  • 1,000 Units
  • 0Acre Association

Amenities

  • Picnic Area
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,745

Year Built

Built in 1999

Lot Details

0

HOA Fees

$264 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Oak Park (OAKP)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93463137
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 890.00
  • Interior Amenities: Balcony
  • Entry Location: Ground Level With Steps
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: Three Or More
  • Price Per Square Foot: 433.15
  • Room Type: All Bedrooms Up, Walk-In Closet

Exterior Features

  • View: Mountain(s)
  • Pool Features: Community
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: 0ACRE
  • Amenities: Gym/Ex Room, Picnic Area, Playground, Pool, Recreation Room, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 187.00
  • Association #2 Fee: 77.00
  • Association Fee Frequency: Monthly
  • Association Name: HOA
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Irvine Unified

Lot Info

  • Land Lease: No
  • Lot Features: Garden, Level with Street

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1000
  • Number Of Units Total: 1000

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 15785

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2016
Closed on
May 31, 2016
Sold by
Gualberto Virginia and De Los Santos Randy
Bought by
Lim Frieda
Seller's Agent
Edgardo Sabocor
Century 21 Ludecke Inc.
Buyer's Agent
Mike Ludecke
Century 21 Ludecke Inc.
List Price
$385,000
Sold Price
$385,500
Premium/Discount to List
$500
0.13%
Current Estimated Value
$763,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,343
Avg. Annual Appreciation
7.90%
Original Mortgage
$288,750
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2008
Sold by
Gualberto Virginia
Bought by
Gualberto Virginia and Delos Santos Randy

Purchase Details

Closed on
Oct 18, 2007
Sold by
Delf Erik D and Tsou Wei Tzu
Bought by
Gualberto Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 2004
Sold by
Papazian Matheos J and Papazian Diana C
Bought by
Delf Erik D and Tsou Wei Tzu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 2002
Sold by
Papazian Matheos J and Papazian Diana C
Bought by
Papazian Matheos J and Papazian Diana C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
5.96%

Purchase Details

Closed on
Nov 22, 2002
Sold by
Wong Deanna Huei and Vachira Vitoon
Bought by
Papazian Matheos J and Papazian Diana C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
5.96%

Purchase Details

Closed on
Sep 29, 2000
Sold by
William Lyon Homes Inc
Bought by
Wong Deanna Huei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,400
Interest Rate
7.9%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lim Frieda $385,000 First American Title Company
Gualberto Virginia -- None Available
Gualberto Virginia $385,000 Chicago
Delf Erik D $350,000 Chicago Title Company
Papazian Matheos J -- --
Papazian Matheos J $249,000 Fidelity National Title
Wong Deanna Huei $150,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lim Frieda $266,000
Closed Lim Frieda $288,750
Previous Owner Gualberto Virginia $319,500
Previous Owner Gualberto Virginia $335,000
Previous Owner Delf Erik D $280,000
Previous Owner Papazian Matheos J $157,000
Previous Owner Wong Deanna Huei $112,300
Previous Owner Wong Deanna Huei $112,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2016 07/11/16 Sold $385,500 +0.1% $433 / Sq Ft
05/27/2016 05/27/16 Pending -- -- --
05/15/2016 05/15/16 For Sale $385,000 -- $433 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,745 $446,823 $328,763 $118,060
2024 $4,745 $438,062 $322,316 $115,746
2023 $4,622 $429,473 $315,996 $113,477
2022 $4,529 $421,052 $309,800 $111,252
2021 $4,586 $412,797 $303,726 $109,071
2020 $4,786 $408,565 $300,612 $107,953
2019 $5,185 $400,554 $294,717 $105,837
2018 $5,106 $392,700 $288,938 $103,762
2017 $4,960 $385,000 $283,272 $101,728
2016 $5,427 $427,186 $300,358 $126,828
2015 $4,677 $359,542 $242,953 $116,589
2014 $4,609 $352,500 $238,194 $114,306
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16104837

California Regional Multiple Listing Service (CRMLS)

APN: 934-631-37