RENTED JUN 12, 2025

Marquee Park Place 3141 Michelson Dr Unit 1505 Irvine, CA 92612

University Park and Town Center Neighborhood

Estimated Value: $1,554,000 - $1,885,000

2 Beds
2.5 Baths
1,993 Sq Ft
2005 Built

Highlights

  • 24-Hour Security
  • Spa
  • Panoramic View
  • University Park Elementary Rated A
  • Primary Bedroom Suite
  • Main Floor Bedroom

About This Home

As of June 2025

Spectacular Panoramic View! Luxury high-rise condominium with private corner location on an upper floor. Brand new flooring in the bedrooms, new paint, and new light fixtures. This residence is located at the Marquee Park Place in Irvine. The Marquee offers its residents resort-style amenities, including 24-hour guard-gated entrance, concierge, swimming pool, spa, fitness center, business center, theater, lounge, billiards room, outdoor BBQ area, and children’s playground. kitchen which features stainless-steel appliances, granite countertops. The floor-to-ceiling windows, open floor plan, and dual balconies are great for entertaining guests and ensuring incredible views from every room. This is the largest floor plan in the Marquee. This residence comes with two, reserved, structured parking spaces that are optimally located by the building entrance and elevators. This convenient location is close to major freeways, Beaches and prestigious shopping centers such as South Coast Plaza, Fashion Island and Irvine Spectrum .

Last Agent to Rent the Property

Ghity Mahdara

Sage Investment Group Brokerage Phone: 714-329-5132 License #01040127 Listed on: 04/04/2025

Last Renter's Agent

Ghity Mahdara

Sage Investment Group Brokerage Phone: 714-329-5132 License #01040127 Listed on: 04/04/2025

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2005

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Automatic Gate
  • Assigned Parking

Property Views

  • Panoramic
  • City Lights
  • Views of a landmark
  • Mountain

Home Design

  • Entry on the 15th floor
  • Fire Rated Drywall

Interior Spaces

  • 1,993 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Living Room
  • Dining Room with Fireplace
  • Home Office
  • Security Lights
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Built-In Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite

Outdoor Features

  • Spa
  • Balcony
  • Exterior Lighting

Additional Features

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

Listing and Financial Details

  • Security Deposit $5,500
  • Rent includes association dues, sewer, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 5/1/25
  • Assessor Parcel Number 93410719

Community Details

Overview

  • Property has a Home Owners Association
  • 228 Units
  • Marquee At Park Place Subdivision

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Year Built

Built in 2005

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2025-05-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 300
  • Deposit Security: 5500
  • Furnished: Unfurnished
  • Pets Allowed: Call

Listing Details

  • Structure Type: House
  • Property Attached: Yes
  • Security: 24 Hour Security, Gated with Attendant, Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Fire and Smoke Detection System, Fire Rated Drywall, Gated Community, Gated with Guard, Guarded, Security Lights
  • Subdivision Name Other: Marquee at Park Place (MARQ)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93410719
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1993.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook, In Family Room
  • Entry Level: 15
  • Fireplace Features: Dining Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2.76
  • Room Type: All Bedrooms Down, Den, Family Room, Formal Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Office
  • Spa Features: Association, Community

Exterior Features

  • View: City Lights, Landmark, Mountain(s), Panoramic
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Oven, Gas Cooktop, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Closet, Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Number Of Units In Community: 228
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Sewer, Trash Collection, Water

Tax Info

  • Tax Census Tract: 626.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2021
Sold by
Chang Su Cheng C and Chang Family Survivors Trust
Bought by
Tohid Troy Bijan
Current Estimated Value
$1,667,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$822,000
Outstanding Balance
$742,761
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$924,843

Purchase Details

Closed on
Jul 29, 2019
Sold by
Chang Su Cheng C and Chang Family Trust
Bought by
Chang Su Cheng C and Chang Family Survivor S Trust

Purchase Details

Closed on
Feb 13, 2007
Sold by
Chang Louis and Chang Su Cheng
Bought by
Yao Yang Enterprises Llc
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
Tohid Troy Bijan $1,100,000 Old Republic Title Company
Chang Su Cheng C -- Accommodation
Chang Sue Cheng C $800,000 Old Republic Title Company
Yao Yang Enterprises Llc $1,720,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tohid Troy Bijan $822,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2025 06/12/25 Rented $5,500 0.0% --
06/11/2025 06/11/25 For Rent $5,500 0.0% --
06/10/2025 06/10/25 Off Market $5,500 -- --
05/07/2025 05/07/25 Price Changed $5,500 -15.4% $3 / Sq Ft
04/04/2025 04/04/25 For Rent $6,500 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $13,071 $1,190,674 $474,884 $715,790
2024 $13,071 $1,167,328 $465,573 $701,755
2023 $12,758 $1,144,440 $456,444 $687,996
2022 $12,644 $1,122,000 $447,494 $674,506
2021 $13,442 $1,199,000 $564,416 $634,584
2020 $12,253 $1,078,000 $443,416 $634,584
2019 $12,234 $1,078,000 $443,416 $634,584
2018 $13,349 $1,202,702 $568,118 $634,584
2017 $13,241 $1,179,120 $556,978 $622,142
2016 $12,972 $1,156,000 $546,056 $609,944
2015 $12,967 $1,156,000 $546,056 $609,944
2014 $8,244 $732,360 $122,416 $609,944
Source: Public Records

Agents Affiliated with this Home

  • Ghity Mahdara

    Landlord's Agent in 2025

    Ghity Mahdara

    Sage Investment Group

    (714) 329-5132

    4 in this area

    16 Total Sales

    Ghity Mahdara
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About Marquee Park Place

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25073940

California Regional Multiple Listing Service (CRMLS)

APN: 934-107-19

California Orange County Irvine 92612 University Park and Town Center

3141 Michelson Dr Unit 1505, Irvine, CA

Not Listed for Sale

Condos

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