NOT LISTED FOR SALE

32 Rainbow Falls Unit 18 Irvine, CA 92603

Turtle Rock Neighborhood

Estimated Value: $1,440,569 - $1,655,000

3 Beds
2 Baths
1,770 Sq Ft
$500/mo HOA Fee

Last Sold January 23, 2017

Last sale price $778,250 $440 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $9,468/month

219 Days on Market

Highlights

  • Primary Bedroom Suite
  • View of Trees or Woods
  • Cathedral Ceiling
  • Turtle Rock Elementary Rated A
  • Dual Staircase
  • Private Yard

About This Home

As of January 2017

Outstanding Turtle Rock Glen Garden Home at prime end of cul-de-sac location! Sought-after, private and quiet neighborhood. Location very close to amazing and award-winning schools, Turtle Rock Elementary, University High School, and UC Irvine. Open and airy floor plan, lots of natural light, with vaulted ceilings at entry, living & dining rooms, master bedroom and 3rd bedroom. Expansive main level living area features high ceiling with skylights, built-in cabinetry, fireplace with mantle, and separate dining area or piano room. French doors & windows to private rear yard garden and lush green hillside. Kitchen is roomy with added natural wood cabinetry and counter space, tile flooring. Windows at kitchen sink and breakfast nook opens to side yard garden. Huge master bedroom suite has French doors to front balcony and wonderful views, three closets, and ensuite bath with dual vanity. Generous-sized 2nd bedroom with extra-long closet and sliding door to deck and back yard. Oversized attached 2-car garage plus large space for workshop, craft room or library. Home features new carpet, fresh paint, crown molding and extensive storage space. Fabulous community amenities include pathways to schools, greenbelts, swimming pool, spa, tennis courts, private park and tot lot. Low property taxes and no Mello-Roos tax. See this best value opportunity at Irvine!

Last Agent to Sell the Property

Harrison Long

HomeSmart, Evergreen Realty License #01410855 Listed on: 11/15/2016

Co-Listed By

Christina Long

Regency Real Estate Brokers License #01438859

Regency Real Estate Brokers

Last Buyer's Agent

Christina Long

Regency Real Estate Brokers License #01438859

Regency Real Estate Brokers

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,482

Year Built

  • Built in 1976

Lot Details

  • 1 Common Wall
  • Landscaped
  • Lot Has A Rolling Slope
  • Private Yard
  • Garden

HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Property Views

  • Woods
  • Neighborhood

Home Design

  • Split Level Home
  • Entry on the 1st floor

Interior Spaces

  • 1,770 Sq Ft Home
  • Dual Staircase
  • Cathedral Ceiling
  • Track Lighting
  • Formal Entry
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Converted Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Accessible Home Design

  • More Than Two Accessible Exits
  • Accessible Parking

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts in Garage
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 8999
  • Assessor Parcel Number 93475018

Community Details

Overview

  • Glen Garden Homes Association
  • Turtle Rock Glen Association
  • Laurel
  • Greenbelt

Amenities

  • Picnic Area
  • Laundry Facilities

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,482

Year Built

Built in 1976

Lot Details

0

HOA Fees

$500 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 949-701-2515
  • Other Phone Number: 949-212-5427
  • Property Attached: Yes
  • Subdivision Name Other: Glen Garden Homes (GH)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93475018
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1770.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Cathedral Ceiling(s), High Ceilings, Track Lighting
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Accessibility Features: 2+ Access Exits, Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Family Kitchen, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Multi/Split
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 439.69
  • Room Type: Converted Bedroom, Formal Entry, Living Room, Master Bathroom, Master Bedroom, Master Suite

Exterior Features

  • View: Neighborhood, Trees/Woods
  • Pool Features: Association, Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal
  • Electric: 220 Volts in Garage
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Common Area, Gas & Electric Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Turtle Rock Glen
  • Amenities: Pool, Spa/Hot Tub, Picnic Area, Playground
  • Association Fee: 420.00
  • Association #2 Fee: 80.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Glen Garden homes
  • Senior Community: No
  • Community Features: Curbs, Storm Drains, Street Lights

Schools

  • School District: Irvine Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden, Greenbelt, Landscaped, Rolling Slope, Yard

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 626.31
  • Tax Lot: 1
  • Tax Tract Number: 8999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2016
Closed on
Jan 9, 2017
Sold by
Verano Investments Llc
Bought by
Akhavan Mehrzad and Akhavan Susan Walker
Seller's Agent
Harrison Long
HomeSmart, Evergreen Realty
Buyer's Agent
Christina Long
Regency Real Estate Brokers
List Price
$799,000
Sold Price
$778,250
Premium/Discount to List
-$20,750
-2.6%
Current Estimated Value
$1,534,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$756,642
Avg. Annual Appreciation
8.02%
Original Mortgage
$320,000
Outstanding Balance
$268,857
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$1,246,399

Purchase Details

Listed on
Nov 15, 2016
Closed on
Jan 6, 2017
Sold by
Boone Elizabeth Hill
Bought by
Verano John W
Seller's Agent
Harrison Long
HomeSmart, Evergreen Realty
Buyer's Agent
Christina Long
Regency Real Estate Brokers
List Price
$799,000
Sold Price
$778,250
Premium/Discount to List
-$20,750
-2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Outstanding Balance
$268,857
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$1,246,399

Purchase Details

Closed on
May 14, 2012
Sold by
Verano John W
Bought by
Verano Investments Llc

Purchase Details

Closed on
May 7, 2012
Sold by
Stillwagon Nancy R
Bought by
Verano Investments Llc

Purchase Details

Closed on
Feb 2, 2012
Sold by
Verano Hugh T
Bought by
Verano Hugh T and Stillwagon Nancy R
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
Akhavan Mehrzad $778,500 First American Title
Verano John W -- First American Title
Stillwagon Nancy R -- First American Title
Verano Hugh T -- First American Title
Verano Investments Llc -- None Available
Verano Investments Llc -- None Available
Verano Investments Llc -- None Available
Verano Hugh T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akhavan Mehrzad $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2017 01/23/17 Sold $778,250 -2.6% $440 / Sq Ft
12/20/2016 12/20/16 Pending -- -- --
05/15/2016 05/15/16 For Sale $799,000 -- $451 / Sq Ft
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 $9,482 $903,223 $752,874 $150,349
2024 $9,482 $885,513 $738,112 $147,401
2023 $9,239 $868,150 $723,639 $144,511
2022 $9,074 $851,128 $709,450 $141,678
2021 $8,872 $834,440 $695,540 $138,900
2020 $8,821 $825,884 $688,408 $137,476
2019 $8,627 $809,691 $674,910 $134,781
2018 $8,475 $793,815 $661,676 $132,139
2017 $1,189 $105,149 $22,772 $82,377
2016 $1,139 $103,088 $22,326 $80,762
2015 $1,175 $101,540 $21,991 $79,549
2014 $1,154 $99,551 $21,560 $77,991
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16747275

California Regional Multiple Listing Service (CRMLS)

APN: 934-750-18