S
Seller's Agent in 2021
Steve Chen
Globe Realty
(949) 823-9488
1 in this area
9 Total Sales
31 Prairie Grass Irvine, CA 92603
Shady Canyon NeighborhoodEstimated Value: $5,469,000 - $7,443,000
4
Beds
4.5
Baths
4,800
Sq Ft
$1,390/Sq Ft
Est. Value
Highlights
- Gated with Attendant
- Cabana
- Custom Home
- Bonita Canyon Elementary Rated 9+
- Primary Bedroom Suite
- Golf Course View
About This Home
As of May 2021Most desirable Plan 3 Villas in Shady Canyon. This remarkable 4800 sq ft estate, situated on a large property, is located in the prestigious guard-gated community of Shady Canyon. With unparalleled sunset views of the golf course, lake, hills, mountains and city, this single-level, European-style villa provides one of the most desirable living that Shady Canyon has to offer. In addition to its 4 bedrooms and 5 bathrooms, this home boasts a full-size wet bar, connecting the formal dining room to the kitchen, and a beautiful gazebo, fully equipped with TV, sound system and BBQ, it's a real entertainer's dream. The master bedroom, overlooks the backyard, also features an expansive master closet. Must see to appreciate. It also has a casita with kitchenette. 4th bedroom was converted from a garage space. Classic French doors allow natural light to sweep through the home, illuminating 15-ft ceiling. This stunning Shady Canyon home is one of the most sought-after properties in the whole community and cannot be missed.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $47,317
Year Built
- Built in 2003
Lot Details
- 0.3 Acre Lot
- Property fronts a private road
- Block Wall Fence
- Sprinkler System
- Back Yard
- Density is 2-5 Units/Acre
HOA Fees
- $820 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Parking Available
- Side Facing Garage
- Single Garage Door
- Auto Driveway Gate
- Driveway
Property Views
- Golf Course
- Canyon
- Reservoir
- Mountain
- Hills
Home Design
- Custom Home
- Turnkey
- Planned Development
- Spanish Tile Roof
- Concrete Perimeter Foundation
- Copper Plumbing
Interior Spaces
- 4,800 Sq Ft Home
- 1-Story Property
- Bar
- Beamed Ceilings
- High Ceiling
- Recessed Lighting
- Double Pane Windows
- French Doors
- Entrance Foyer
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room
- Tile Flooring
- Carbon Monoxide Detectors
Kitchen
- Galley Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Convection Oven
- Six Burner Stove
- Built-In Range
- Freezer
- Dishwasher
- Kitchen Island
- Granite Countertops
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- In-Law or Guest Suite
- Bathtub
- Walk-in Shower
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Pool
- Cabana
- Spa
Outdoor Features
- Patio
- Outdoor Fireplace
- Gazebo
Utilities
- Forced Air Zoned Heating and Cooling System
- Natural Gas Connected
- Cable TV Available
Additional Features
- No Interior Steps
- Property is near a clubhouse
Listing and Financial Details
- Tax Lot 13
- Tax Tract Number 16267
- Assessor Parcel Number 46408129
Community Details
Overview
- Shady Canyon Association, Phone Number (949) 679-5556
- First Residential HOA
- Villas Of Shady Canyon Subdivision
Amenities
- Outdoor Cooking Area
- Community Barbecue Grill
- Picnic Area
- Clubhouse
Recreation
- Tennis Courts
- Community Playground
- Community Pool
- Bike Trail
Security
- Gated with Attendant
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 10, 2021
Closed on
Mar 26, 2021
Sold by
Li Haiyu and Li Ruifang
Bought by
Chung Brian and Chung Yun Kyung
Seller's Agent
Steve Chen
Globe Realty
Buyer's Agent
Jenny Chen
Globe Realty
List Price
$4,090,000
Sold Price
$3,800,000
Premium/Discount to List
-$290,000
-7.09%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,871,340
Avg. Annual Appreciation
13.36%
Original Mortgage
$700,000
Outstanding Balance
$528,965
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$6,002,761
Purchase Details
Closed on
Feb 7, 2014
Sold by
Mallin John
Bought by
Li Haiyu and Li Ruifang
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,310,000
Interest Rate
3.64%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 9, 2007
Sold by
Horaney Beverly K
Bought by
Mallin John and Mallin Family Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
6.14%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jan 23, 2006
Sold by
Horaney Shibley H
Bought by
Horaney Beverly K
Purchase Details
Closed on
Apr 14, 2003
Sold by
Taylor Woodrow Homes Inc
Bought by
Horaney Shibley H and Horaney Beverly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
3.37%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chung Brian | $3,700,000 | Fidelity Natl Ttl Orange Cnt | |
| Li Haiyu | $3,850,000 | Lawyers Title | |
| Mallin John | -- | Southland Title Corporation | |
| Horaney Beverly K | -- | None Available | |
| Horaney Shibley H | -- | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chung Brian | $700,000 | |
| Previous Owner | Li Haiyu | $2,310,000 | |
| Previous Owner | Mallin John | $2,000,000 | |
| Previous Owner | Mallin John | $720,000 | |
| Previous Owner | Mallin John | $2,000,000 | |
| Previous Owner | Horaney Shibley H | $1,600,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/03/2021 05/03/21 | Sold | $3,800,000 | -7.1% | $792 / Sq Ft |
| 03/20/2021 03/20/21 | For Sale | $4,090,000 | +7.6% | $852 / Sq Ft |
| 03/18/2021 03/18/21 | Off Market | $3,800,000 | -- | -- |
| 03/17/2021 03/17/21 | Pending | -- | -- | -- |
| 02/10/2021 02/10/21 | For Sale | $4,090,000 | +6.2% | $852 / Sq Ft |
| 04/24/2014 04/24/14 | Sold | $3,850,000 | -1.2% | $802 / Sq Ft |
| 02/05/2014 02/05/14 | Pending | -- | -- | -- |
| 10/02/2013 10/02/13 | For Sale | $3,895,000 | -- | $811 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $47,317 | $4,004,998 | $2,478,474 | $1,526,524 |
| 2024 | $47,317 | $3,926,469 | $2,429,876 | $1,496,593 |
| 2023 | $46,448 | $3,849,480 | $2,382,231 | $1,467,249 |
| 2022 | $45,610 | $3,774,000 | $2,335,520 | $1,438,480 |
| 2021 | $51,727 | $4,360,155 | $2,981,615 | $1,378,540 |
| 2020 | $51,247 | $4,315,447 | $2,951,042 | $1,364,405 |
| 2019 | $50,349 | $4,230,831 | $2,893,179 | $1,337,652 |
| 2018 | $49,466 | $4,147,874 | $2,836,450 | $1,311,424 |
| 2017 | $48,598 | $4,066,544 | $2,780,834 | $1,285,710 |
| 2016 | $47,723 | $3,986,808 | $2,726,308 | $1,260,500 |
| 2015 | $47,043 | $3,926,923 | $2,685,356 | $1,241,567 |
| 2014 | $38,618 | $3,062,650 | $1,787,889 | $1,274,761 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Chen
-
Jenny Chen
J
Seller Co-Listing Agent in 2021
Jenny Chen
Globe Realty
(949) 823-9488
1 in this area
10 Total Sales
-
Jacqueline Thompson
Seller's Agent in 2014
Jacqueline Thompson
Coldwell Banker Realty
(949) 326-3392
54 in this area
114 Total Sales
-
Autumn Yuan
Buyer's Agent in 2014
Autumn Yuan
RE/MAX
(626) 393-5315
173 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21028036
APN: 464-081-29
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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