NOT LISTED FOR SALE

3141 Michelson Dr Unit E805 Irvine, CA 92612

University Park and Town Center Neighborhood

Estimated Value: $1,011,000 - $1,218,000

2 Beds
2 Baths
1,300 Sq Ft
2006 Built

Last Sold March 27, 2023

Last sale price $860,000 $662 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,463/month

Highlights

  • Fitness Center
  • 24-Hour Security
  • Two Primary Bedrooms
  • University Park Elementary Rated A
  • In Ground Pool
  • City Lights View

About This Home

As of July 2023

Luxury living at its finest. Come live the ultimate urban residential life! Walk to world class restaurants, bistros, shops, salons & coffee shops. Shopping malls and the beach are close by as well. This unit features 2 bedrooms and 2 full bathrooms. It has a great view looking towards the rear of the building. Hardwood flooring, carpet throughout and travertine in the bathrooms. 24-Hour closed-circuit camera building surveillance and 2 tandem large parking spaces. Amenities such as Guard Gated Community, Concierge, Fitness Center, heated Pool/Spa, Lounge, Media Room, Business Center/Conference Room make this one of the best places in Irvine to live! the rent included the Trash, water, gas and internet.

Last Agent to Rent the Property

Li Li Hu

Pacific Sterling Realty License #01494823 Listed on: 04/14/2023

Pacific Sterling Realty

Last Renter's Agent

Li Li Hu

Pacific Sterling Realty License #01494823 Listed on: 04/14/2023

Pacific Sterling Realty

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Parking

  • 2 Car Attached Garage
  • 2 Attached Carport Spaces
  • Parking Available
  • Tandem Covered Parking
  • Community Parking Structure

Property Views

  • City Lights
  • Hills

Home Design

  • Modern Architecture
  • Entry on the 1st floor
  • Concrete Roof
  • Metal Siding
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,300 Sq Ft Home
  • Roller Shields
  • Family Room with Fireplace
  • Closed Circuit Camera
  • Laundry Room
  • Unfinished Basement

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Double Master Bedroom
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Two or More Common Walls
  • Property is near park

Listing and Financial Details

  • Security Deposit $9,800
  • Rent includes association dues, cable TV, gas, pool, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 4/15/23
  • Assessor Parcel Number 93410665

Community Details

Overview

  • Property has a Home Owners Association
  • 232 Units
  • Marquee At Park Place (Marq) Association, Phone Number (949) 250-5785
  • Marquee At Park Place Subdivision
  • 18-Story Property

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Billiard Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Park

Security

  • 24-Hour Security
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2023-04-15
  • Credit Check: Yes
  • Credit Check Paid By: Owner
  • Deposit Key: 50
  • Deposit Security: 9800
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Closed Circuit Camera(s), Gated with Guard, Smoke Detector(s)
  • Subdivision Name Other: Marquee at Park Place (MARQ)
  • View: Yes
  • Architectural Style: Modern
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93410665
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1300.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 18
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Stone, Wood
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 3.38
  • Room Type: Family Room, Laundry, Master Bathroom, Master Bedroom, Two Masters
  • Spa Features: Association, In Ground
  • Window Features: Roller Shields
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Granite Counters
  • Basement: Unfinished

Exterior Features

  • View: City Lights, Hills
  • Pool Features: Association, In Ground
  • Pool Private: No
  • Roof: Concrete
  • Spa: Yes
  • Construction Materials: Concrete, Glass, Metal Siding

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Attached Carport, Community Structure, Subterranean, Tandem Covered
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Natural Gas Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Gas Cooktop, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Gym/Ex Room, Clubhouse, Billiard Room, Guard
  • Association Fee Frequency: Monthly
  • Association Name: Marquee at park place (MARQ)
  • Phone: 9492505785
  • Senior Community: No
  • Community Features: Park, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: Park Nearby

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Number Of Units In Community: 232
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Cable TV, Gas, Pool, Trash Collection, Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2023
Closed on
Jan 26, 2023
Sold by
Hou Jeannie Whit Shan
Bought by
Lyu Qiqun and Jiang Qingyun
Seller's Agent
Jack Huang
First Class Real Estate Inc.
Buyer's Agent
Li Li Hu
Pacific Sterling Realty
List Price
$850,000
Sold Price
$860,000
Premium/Discount to List
$10,000
1.18%
Views
71
Current Estimated Value
$1,079,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,056
Avg. Annual Appreciation
8.44%
Original Mortgage
$516,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2010
Sold by
Homesales Inc
Bought by
Hou Jeannie Whit Shan

Purchase Details

Closed on
Mar 1, 2010
Sold by
Latta Christopher
Bought by
Homesales Inc

Purchase Details

Closed on
Sep 28, 2007
Sold by
Latta Kathryn A
Bought by
Latta Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,999
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2007
Sold by
Rawlins Bradley S and Rawlins Susan L
Bought by
Latta Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,999
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2006
Sold by
Irvine Residential Highrise Llc
Bought by
Rawlins Bradley S and Rawlins Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,500
Interest Rate
6.15%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lyu Qiqun $860,000 Fidelity National Title
Hou Jeannie Whit Shan $377,500 Lsi Title Company
Homesales Inc $365,733 None Available
Latta Chris -- None Available
Latta Chris $650,000 None Available
Rawlins Bradley S $635,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lyu Qiqun $516,000
Previous Owner Latta Chris $499,999
Previous Owner Latta Chris $499,999
Previous Owner Rawlins Bradley S $444,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2023 07/01/23 Rented $4,400 -4.3% --
06/21/2023 06/21/23 Under Contract -- -- --
05/31/2023 05/31/23 Price Changed $4,600 -4.2% $4 / Sq Ft
05/14/2023 05/14/23 Price Changed $4,800 -2.0% $4 / Sq Ft
04/14/2023 04/14/23 For Rent $4,900 0.0% --
03/27/2023 03/27/23 Sold $860,000 +1.2% $662 / Sq Ft View Prior Sale
01/23/2023 01/23/23 For Sale $850,000 -1.2% $654 / Sq Ft
01/23/2023 01/23/23 Off Market $860,000 -- --
01/17/2023 01/17/23 For Sale $850,000 0.0% $654 / Sq Ft
03/22/2022 03/22/22 Rented $3,900 0.0% --
03/06/2022 03/06/22 For Rent $3,900 +14.7% --
06/04/2021 06/04/21 Rented $3,400 0.0% --
05/20/2021 05/20/21 For Rent $3,400 +6.3% --
10/05/2019 10/05/19 Rented $3,200 0.0% --
09/24/2019 09/24/19 Off Market $3,200 -- --
09/02/2019 09/02/19 For Rent $3,200 +8.5% --
06/28/2018 06/28/18 Rented $2,950 0.0% --
06/17/2018 06/17/18 Price Changed $2,950 -1.7% $2 / Sq Ft
06/10/2018 06/10/18 Price Changed $3,000 -3.2% $2 / Sq Ft
05/25/2018 05/25/18 Price Changed $3,100 -1.6% $2 / Sq Ft
05/06/2018 05/06/18 For Rent $3,150 +26.0% --
07/15/2013 07/15/13 Rented $2,500 -9.1% --
06/20/2013 06/20/13 Under Contract -- -- --
06/15/2013 06/15/13 For Rent $2,750 +10.0% --
09/11/2012 09/11/12 Rented $2,500 -2.9% --
09/09/2012 09/09/12 Under Contract -- -- --
07/11/2012 07/11/12 For Rent $2,575 -- --
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 $9,842 $894,744 $274,549 $620,195
2024 $9,842 $877,200 $269,165 $608,035
2023 $5,266 $468,233 $118,208 $350,025
2022 $5,218 $459,052 $115,890 $343,162
2021 $5,091 $450,051 $113,617 $336,434
2020 $5,105 $445,437 $112,452 $332,985
2019 $4,998 $436,703 $110,247 $326,456
2018 $4,794 $428,141 $108,086 $320,055
2017 $4,754 $419,747 $105,967 $313,780
2016 $4,658 $411,517 $103,889 $307,628
2015 $4,560 $405,336 $102,328 $303,008
2014 $4,483 $397,397 $100,324 $297,073
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jack Huang

    First Class Real Estate Inc.

    (714) 381-1276

    2 in this area

    11 Total Sales

    Jack Huang
    Section Image

  • L

    Landlord's Agent in 2023

    Li Li Hu

    Pacific Sterling Realty

    (949) 654-2626

    2 in this area

    4 Total Sales

    Li Li Hu
    Section Image
  • Jordan Gibbs

    Buyer's Agent in 2022

    Jordan Gibbs

    Jordan Gibbs Realty

    (310) 642-2494

    12 Total Sales

    Jordan Gibbs
    Section Image

  • K

    Buyer's Agent in 2021

    Katherine O'Brien

    eHomes

  • Veronica Hicks

    Buyer's Agent in 2019

    Veronica Hicks

    Condos Etc, Inc

    (714) 336-5551

    11 in this area

    16 Total Sales

    Veronica Hicks
    Section Image
  • Al Mejia

    Buyer's Agent in 2018

    Al Mejia

    Al Mejia Real Estate

    (949) 378-9247

    30 Total Sales

    Al Mejia
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23062467

California Regional Multiple Listing Service (CRMLS)

APN: 934-106-65

California Orange County Irvine 92612 University Park and Town Center

3141 Michelson Dr Unit E805, Irvine, CA

Not Listed for Sale

Condos

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