NOT LISTED FOR SALE

Estimated Value: $985,292 - $1,179,000

3 Beds
2.5 Baths
1,671 Sq Ft
$310/mo HOA Fee

Last Sold July 18, 2023

Last sale price $855,000 $512 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,611/month

5 Days on Market

Highlights

  • In Ground Pool
  • View of Trees or Woods
  • Traditional Architecture
  • Greentree Elementary School Rated A
  • Property is near public transit
  • Cooling System Powered By Gas

About This Home

As of July 2023

A steal of a deal priced $95,000 under the last model-match sale in Heritage Park in Irvine! Spacious and in a great location, 3 Olympia is a dream for anyone with a keen eye for renovation. From the three bedrooms to the kitchen, to the added loft/office/bonus room upstairs, there is a world of design opportunities. As you step through the front door, you'll be greeted by an ambiance of possibilities. The walls of the condo present a blank canvas, awaiting your creative touch. 3 Olympia presents an exciting chance to create a tailored living space that matches your unique preferences.
The kitchen boasts ample space and looks out to the back patio area, where friends and family gather for memorable meals and conversations and enjoy the great Southern California weather. By installing new appliances, you can enjoy the latest features and technology. The living areas could be transformed into inviting spaces for relaxation and entertainment. Upstairs, you'll find three bedrooms and two bathrooms. Upgrading the bathrooms offers the chance to craft your own oasis of comfort and rejuvenation and you will find shopping for your new flooring to be fun and exciting! The loft has a closet, but the windows don't meet the criteria for it to be considered a bedroom - but some in the area who do have the added loft use this extra space as a bedroom.
3 Olympia is the ideal home for those who are ready to roll up their sleeves and turn a fixer-upper into a home to call their own! Don't miss this opportunity to bring your vision to life at 3 Olympia! Home is sold in 'as-is, where-is' condition. Irvine is considered one of the safest cities in the U.S. for it's size and the school district is highly-rated! You are not far from a wealth of shopping, dining, and entertainment options including the area Ralph's, Trader Joe's, Smart & Final, and the huge Irvine Spectrum, which offers many dining choices including the Cheesecake Factory, Javier's Mexican Restaurant, California Pizza Kitchen, Wood Rancch BBQ, steak houses, sushi, PF Changs and so much more! And the huge city park, Heritage Park, is just across the street and offers baskball, tennis, volleyball courts, soccer and baseball fields, and a great tot lot! Plus, the world-famous Woolett Aquatic Center is very close by also. Come and enjoy your new home in Irvine at 3 Olympia!

Last Agent to Sell the Property

Bruce Clark

Real Broker License #01503471 Listed on: 06/09/2023

Real Broker

Last Buyer's Agent

Michael Milakovich

Michael Milakovich, Broker License #01770568

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1977

Lot Details

  • Two or More Common Walls
  • Front Yard Sprinklers
  • Density is up to 1 Unit/Acre

HOA Fees

  • $310 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Major Repairs Completed
  • Fixer Upper
  • Planned Development
  • Common Roof

Interior Spaces

  • 1,671 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Carpet
  • Views of Woods

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Concrete Porch or Patio
  • Exterior Lighting

Location

  • Property is near public transit

Schools

  • Greentree Elementary School
  • Venado Middle School
  • Irvine High School

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 9720
  • Assessor Parcel Number 93516004
  • $174 per year additional tax assessments

Community Details

Overview

  • Front Yard Maintenance
  • 187 Units
  • Heritage Park Community Association, Phone Number (714) 557-5900
  • Tritz Property Management HOA
  • Built by Broadmoor
  • Heritage Park Subdivision, Santiago Floorplan
  • Maintained Community

Recreation

  • Community Playground
  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1977

Lot Details

0

HOA Fees

$310 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Heritage Park (HP)
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Fixer, Repairs Cosmetic, Repairs Major
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93516004
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1671.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 511.67
  • Room Type: All Bedrooms Up
  • Bathroom Features: Shower, Shower In Tub
  • Room Kitchen Features: Laminate Counters

Exterior Features

  • Patio: Yes
  • View: Trees/Woods
  • Builder Name: Broadmoor
  • Patio And Porch Features: Concrete
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Roof: Common Roof
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Cooktop, Gas Water Heater, Refrigerator
  • Heating Type: Central, Forced Air
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Gas & Electric Dryer Hookup, In Garage, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Playground, Maintenance Grounds, Maintenance Front Yard
  • Association Fee: 310.00
  • Association Fee Frequency: Monthly
  • Association Name: Heritage Park Community Association
  • Phone: (714) 557-5900
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
  • Association Management: Tritz Property Management

Schools

  • Elementary School: Greentree
  • High School: Irvine
  • Middle Or Junior School: Venado
  • Elementary School #2: GREENT
  • High School2: IRVINE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Near Public Transit, Sprinklers In Front
  • Latitude Manual: 33.69792600

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 187
  • Number Of Units Total: 187

Tax Info

  • Tax Census Tract: 525.05
  • Tax Lot: 4
  • Tax Tract Number: 9720
  • TaxOtherAnnualAssessmentAmount: 174.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Jun 28, 2023
Sold by
Ehlert Michael R and Ehlert Kathleen M
Bought by
Bal Salih and Bal Mine
Seller's Agent
Bruce Clark
Real Broker
Buyer's Agent
Michael Milakovich
Michael Milakovich, Broker
List Price
$850,000
Sold Price
$855,000
Premium/Discount to List
$5,000
0.59%
Views
65
Current Estimated Value
$1,058,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,823
Avg. Annual Appreciation
9.16%
Original Mortgage
$684,000
Outstanding Balance
$667,683
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$391,140
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bal Salih $855,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bal Salih $684,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2023 07/18/23 Sold $855,000 +0.6% $512 / Sq Ft
06/14/2023 06/14/23 Pending -- -- --
06/09/2023 06/09/23 For Sale $850,000 -- $509 / 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 $9,031 $872,100 $737,724 $134,376
2024 $9,031 $855,000 $723,258 $131,742
2023 $3,044 $285,149 $152,333 $132,816
2022 $2,979 $279,558 $149,346 $130,212
2021 $2,907 $274,077 $146,418 $127,659
2020 $2,890 $271,267 $144,916 $126,351
2019 $2,825 $265,949 $142,075 $123,874
2018 $2,772 $260,735 $139,289 $121,446
2017 $2,714 $255,623 $136,558 $119,065
2016 $2,596 $250,611 $133,880 $116,731
2015 $2,557 $246,847 $131,869 $114,978
2014 $2,508 $242,012 $129,286 $112,726
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23102369

California Regional Multiple Listing Service (CRMLS)

APN: 935-160-04