NOT LISTED FOR SALE

Estimated Value: $936,000 - $1,089,000

2 Beds
2 Baths
1,347 Sq Ft
$1,095/mo HOA Fee

Last Sold March 02, 2020

Last sale price $579,000 $430 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $7,127/month

202 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Wood Flooring
  • University Park Elementary Rated A
  • Spa
  • Main Floor Bedroom

About This Home

As of March 2020

Welcome to 3131 Michelson 602 within the premier O.C. Tower, Marquee at Park Place. This open floor-plan offers a unique living space highlighting two bedrooms, an open dining and kitchen and a separate room ideal for a flexible space. Floor-to-ceiling windows capture the outdoor neighborhood and city views leading to the outdoor terrace extending the length of the living room. The residence offers an urban hip style of living within the Irvine Business District offering a place to recharge and relax after a long day or afternoon shopping. Inside this special home the modern kitchen highlights high end finishes inclusive of a grand marble peninsula ideal for entertaining, stainless steel appliances, brushed nickel Kohler fixtures, rich European-styled smooth finish cabinetry and cherry wood floors. Very unique to this floor plan is the private den ideal for an office or media room, while the spa-inspired baths offer stone floors and polished marble counter-tops. The Marquee offers its residents hotel-like amenities inclusive of a Concierge, Lobby reception area, European styled motor-court gated entry, secured parking, billiard and media rooms heated pool, spa, outdoor cooking and entertaining area, fitness gym with dramatic glass sky-light feature. This residence is priced well for a two bedroom, two bath plus den living space with ideal elevator access to the condo, and near to the areas world-class shops, fine restaurants and beach cities along the coast. Live in Luxury.

Last Agent to Sell the Property

Mike Campbell

Surterre Properties Inc License #01395430 Listed on: 07/15/2019

Surterre Properties Inc

Co-Listed By

Nancy Keeley-Campbell

Surterre Properties Inc License #01277099

Last Buyer's Agent

Vic Mady

Home Offer Real Estate License #02078406

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,989

Year Built

  • Built in 2006

HOA Fees

  • $1,095 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Entry on the 6th floor

Interior Spaces

  • 1,347 Sq Ft Home
  • 1-Story Property
  • Electric Fireplace
  • Living Room with Fireplace
  • Den
  • Neighborhood Views
  • Galley Kitchen
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Spa
  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 93410760

Community Details

Overview

  • 232 Units
  • Marquee Park Place HOA, Phone Number (949) 250-5785
  • Action Property Mgmt. HOA

Amenities

  • Concierge
  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Billiard Room
  • Meeting Room
  • Card Room
  • Recreation Room

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • No Pets Allowed
  • Pet Restriction

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,989

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,095 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: 949-683-2730
  • Property Attached: Yes
  • Subdivision Name Other: Marquee at Park Place (MARQ)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93410760
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1347.00 Square Feet
  • Stories: 1
  • Entry Location: 6
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 6
  • Fireplace Features: Living Room, Electric
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 429.84
  • Room Type: Den, Galley Kitchen, Main Floor Bedroom
  • Spa Features: Association

Exterior Features

  • View: Neighborhood
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Gym/Ex Room, Billiard Room, Card Room, Recreation Room, Meeting Room, Concierge, Trash, Sewer, Water, Pet Rules, Pets Not Permitted, Controlled Access
  • Association Fee: 1095.00
  • Association Fee Frequency: Monthly
  • Association Name: Marquee Park Place HOA
  • Phone: 949-250-5785
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Action Property Mgmt.

Schools

  • School District: Santa Ana Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 232
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.10
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2019
Closed on
Feb 6, 2020
Sold by
Luu Thiet The and Luu Hoan My
Bought by
Sheybany Siavash and Sheybany Sepideh
Seller's Agent
Mike Campbell
Surterre Properties Inc
Buyer's Agent
Vic Mady
Home Offer Real Estate
List Price
$605,000
Sold Price
$579,000
Premium/Discount to List
-$26,000
-4.3%
Current Estimated Value
$1,022,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$443,982
Avg. Annual Appreciation
10.80%
Original Mortgage
$544,260
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2017
Sold by
Luu Thiet The and Doluu Hoan My
Bought by
Luu Thiet The and Doluu Hoan My

Purchase Details

Closed on
Jan 4, 2006
Sold by
Irvine Residential Highrise Llc
Bought by
Luu Hoan My and Luu Thiet T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.16%
Mortgage Type
Fannie Mae Freddie Mac
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
Sheybany Siavash $579,000 First American Title Company
Luu Thiet The -- None Available
Luu Hoan My $648,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheybany Siavash $551,585
Closed Sheybany Siavash $544,260
Previous Owner Luu Thiet The $445,000
Previous Owner Luu Hoan My $556,000
Previous Owner Luu Hoan My $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2020 03/02/20 Sold $579,000 -4.3% $430 / Sq Ft
12/10/2019 12/10/19 For Sale $605,000 +4.5% $449 / Sq Ft
12/10/2019 12/10/19 Off Market $579,000 -- --
09/09/2019 09/09/19 Price Changed $605,000 -1.6% $449 / Sq Ft
07/15/2019 07/15/19 For Sale $615,000 0.0% $457 / Sq Ft
01/12/2018 01/12/18 Rented $3,200 -1.5% --
01/05/2018 01/05/18 For Rent $3,250 -- --
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 $6,989 $633,218 $61,553 $571,665
2024 $6,989 $620,802 $60,346 $560,456
2023 $6,821 $608,630 $59,163 $549,467
2022 $6,760 $596,697 $58,003 $538,694
2021 $6,596 $584,998 $56,866 $528,132
2020 $7,678 $673,138 $196,432 $476,706
2019 $7,517 $659,940 $192,581 $467,359
2018 $7,354 $659,940 $192,581 $467,359
2017 $7,294 $647,000 $188,804 $458,196
2016 $7,288 $647,000 $188,804 $458,196
2015 $7,267 $647,000 $270,233 $376,767
2014 $5,326 $472,500 $95,733 $376,767
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19167792

California Regional Multiple Listing Service (CRMLS)

APN: 934-107-60