NOT LISTED FOR SALE

Marquee Park Place 3131 Michelson Dr Unit 702 Irvine, CA 92612

University Park and Town Center Neighborhood

Estimated Value: $912,000 - $1,078,784

2 Beds
2 Baths
1,358 Sq Ft
$1,092/mo HOA Fee

Last Sold May 27, 2021

Last sale price $650,000 $479 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $7,054/month

32 Days on Market

Highlights

  • City Lights View
  • Property is near a park
  • Outdoor Cooking Area
  • University Park Elementary Rated A
  • Community Pool
  • Den

About This Home

As of May 2021

Welcome to the Marquee! This is a luxurious, modern, urban resort style living property! This two bedroom, two bath highly sought after floor plan features a den which can be used as a guest room or office. Sitting on the 7th floor the expansive living room features hardwood flooring, floor to ceiling windows, stainless steel appliances, and granite counter tops. This prestigious community features 24 hour guard at the gate, lobby manager, business room (to hosts all your meetings), club house, playground, pool with spa and fire pit, gym, morning coffee, theater, and game room. This unit includes two assigned parking spots and storage. HOA dues include water, trash, gas, cable and wifi! NO Mello Roos.

Last Agent to Sell the Property

Megan Fraley

Keller Williams Realty License #01968088 Listed on: 04/04/2021

Last Buyer's Agent

Megan Fraley

James Carlson, Broker License #01968088

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,755

Year Built

  • Built in 2006

HOA Fees

  • $1,092 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Patio Home
  • Split Level Home

Interior Spaces

  • 1,358 Sq Ft Home
  • Den
  • City Lights Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Property is near a park
  • Urban Location
  • Suburban Location

Additional Features

  • Two or More Common Walls
  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 26066
  • Assessor Parcel Number 93410768

Community Details

Overview

  • 236 Units
  • Marque Park Place Association, Phone Number (800) 400-2284
  • Marquee At Park Place Subdivision

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,755

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,092 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Marquee at Park Place (MARQ)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93410768
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1358.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: Multi/Split
  • Price Per Square Foot: 478.65
  • Room Type: Den

Exterior Features

  • View: City Lights
  • Pool Features: Association, Community
  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground
  • Association Fee: 1092.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Marque park place
  • Phone: (800)400-2284
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Suburban, Urban
  • Association Management: Marque park place

Schools

  • School District: Santa Ana Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby, Patio Home

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 236
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 26066

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2021
Closed on
May 20, 2021
Sold by
Subramanian Veedamali S and Santhiveeran Janaki
Bought by
Veeris Christian Alexander
Seller's Agent
Megan Fraley
Keller Williams Realty
Buyer's Agent
Megan Fraley
Keller Williams Realty
List Price
$688,000
Sold Price
$650,000
Premium/Discount to List
-$38,000
-5.52%
Current Estimated Value
$983,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,196
Avg. Annual Appreciation
10.54%
Original Mortgage
$406,500
Outstanding Balance
$369,397
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$629,768

Purchase Details

Closed on
Feb 23, 2018
Sold by
Subramanian Veedamali S and Santhiveeran Janaki
Bought by
Subramanian Veedamali S and Santhiveeran Janaki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,100
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2006
Sold by
Subramanian Veedamali Subbian and Santhiveeran Janaki
Bought by
Subramanian Veedamali S and Santhiveeran Janaki

Purchase Details

Closed on
Jan 5, 2006
Sold by
Irvine Residential Highrise Llc
Bought by
Subramanian Veedamali Subbian and Santhiveeran Janaki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$534,640
Interest Rate
6.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Veeris Christian Alexander $656,500 Corinthian Title Company
Subramanian Veedamali S -- None Available
Subramanian Veedamali S -- None Available
Subramanian Veedamali S -- None Available
Subramanian Veedamali Subbian $668,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veeris Christian Alexander $406,500
Previous Owner Subramanian Veedamali S $453,100
Previous Owner Subramanian Veedamali Subbian $534,640
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2021 05/27/21 Sold $650,000 -5.5% $479 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
04/04/2021 04/04/21 For Sale $688,000 0.0% $507 / Sq Ft
02/11/2017 02/11/17 Rented $3,000 -3.2% --
02/01/2017 02/01/17 Under Contract -- -- --
11/19/2016 11/19/16 For Rent $3,100 +6.9% --
10/17/2014 10/17/14 Rented $2,900 -6.5% --
09/17/2014 09/17/14 Under Contract -- -- --
09/01/2014 09/01/14 For Rent $3,100 +24.0% --
01/11/2012 01/11/12 Rented $2,500 -5.7% --
01/10/2012 01/10/12 Under Contract -- -- --
08/16/2011 08/16/11 For Rent $2,650 -- --
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 $7,755 $710,615 $134,158 $576,457
2024 $7,755 $696,682 $131,528 $565,154
2023 $7,568 $683,022 $128,949 $554,073
2022 $7,498 $669,630 $126,421 $543,209
2021 $8,034 $714,000 $232,573 $481,427
2020 $7,033 $616,000 $172,972 $443,028
2019 $7,021 $616,000 $172,972 $443,028
2018 $7,354 $659,940 $216,912 $443,028
2017 $7,294 $647,000 $212,658 $434,342
2016 $7,288 $647,000 $212,658 $434,342
2015 $7,267 $647,000 $320,358 $326,642
2014 $5,326 $472,500 $145,858 $326,642
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Megan Fraley

    Keller Williams Realty

    Section Image
  • Veronica Hicks

    Seller's Agent in 2017

    Veronica Hicks

    Condos Etc, Inc

    (949) 861-8181

    11 in this area

    16 Total Sales

    Veronica Hicks
    Section Image
  • Tracy Bryant

    Seller Co-Listing Agent in 2014

    Tracy Bryant

    Coldwell Banker Realty

    (949) 338-3515

    1 in this area

    52 Total Sales

    Tracy Bryant
    Section Image

  • P

    Buyer's Agent in 2014

    Paul Benec

    Coldwell Banker Res Brokerage

    Section Image

  • A

    Buyer's Agent in 2012

    Amanda Carver

    Condos etc

See All Agents

About Marquee Park Place

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21045905

California Regional Multiple Listing Service (CRMLS)

APN: 934-107-68

California Orange County Irvine 92612 University Park and Town Center

3131 Michelson Dr Unit 702, Irvine, CA

This home is located at 3131 Michelson Dr Unit 702, Irvine, CA 92612 since 04 April 2021 and is currently estimated at $983,196, approximately $724 per square foot. This property was built in 2006. 3131 Michelson Dr Unit 702 is a home located in Orange County with nearby schools including University Park Elementary, Rancho San Joaquin Middle School, and University High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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