NOT LISTED FOR SALE

Estimated Value: $1,431,444 - $1,771,000

3 Beds
2.5 Baths
2,099 Sq Ft
$440/mo HOA Fee

Last Sold February 23, 2018

Last sale price $870,000 $414 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $10,224/month

32 Days on Market

Highlights

  • Newly Remodeled
  • Heated In Ground Pool
  • Property is near a park
  • Cadence Park Rated A
  • Contemporary Architecture
  • Main Floor Bedroom

About This Home

As of February 2018

This gorgeous two-story home at the Lanterns Community at Parasol Park awaits you! This home features 3 bedrooms plus a den and 2.5 bathrooms with a side yard as well as a front court yard. The kitchen is a chef’s delight with gray quartz countertops, white soft-close cabinets, and stainless steel appliances including a GE Profile refrigerator. Master bathroom includes dual vanities, framed mirrors, and shower walls with subway tiles to the ceiling. Generous sized walk-in closet provides ample space off the master bedroom. Den on the first floor can be an office for work at home. The side yard accessible through two separate stacking patio doors is perfect for entertaining or relaxation. Within a four block walking distance to K-8 Beacon Park School and a 2-block walking distance to the future 8-Acre Water Park to include two pools, wading pool, Jacuzzi, community club house, and more. Also within walking distance to the Great Park Sports Village with 12 baseball fields, 25 tennis courts, basketball courts, 2,500 seat soccer stadium, and other flex sports fields. This home will not last!

Last Agent to Sell the Property

Mark Schultz

NON-MEMBER/NBA or BTERM OFFICE License #00904136 Listed on: 11/13/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,644

Year Built

  • Built in 2017 | Newly Remodeled

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Flat Roof Shape

Interior Spaces

  • 2,099 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Great Room
  • Laundry Room

Kitchen

  • Convection Oven
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet

Outdoor Features

  • Heated In Ground Pool
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Sewer Paid
  • Cable TV Available

Additional Features

  • Two or More Common Walls
  • Property is near a park

Listing and Financial Details

  • Tax Lot 57
  • Tax Tract Number 17900

Community Details

Overview

  • 76 Units
  • Laterns Association
  • Great Park Association
  • Built by Lennar
  • Residence 3

Amenities

  • Outdoor Cooking Area
  • Picnic Area
  • Recreation Room

Recreation

  • Sport Court
  • Community Playground
  • Community Pool
  • Community Spa
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,644

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$440 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Sales office
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Subdivision Name Other: Laterns
  • View: No
  • Architectural Style: Contemporary
  • New Construction: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2099.00 Square Feet
  • Stories: 2
  • Entry Location: Ground Level No Steps
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 414.48
  • Room Type: Entry, Great Room, Kitchen, Laundry, Main Floor Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet

Exterior Features

  • Patio: Yes
  • Builder Name: Lennar
  • Patio And Porch Features: Patio
  • Pool Features: Community, In Ground, Heated
  • Pool Private: No
  • Roof: Flat

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Electric Oven, Disposal, Gas Cooktop, Microwave, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Great Park
  • Amenities: Pool, Spa/Hot Tub, Outdoor Cooking Area, Picnic Area, Playground, Sport Court, Biking Trails, Recreation Room
  • Association Fee: 251.00
  • Association #2 Fee: 189.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Laterns
  • Phone: 000-000-0000
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Irvine Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 1.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 76
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 57
  • Tax Tract Number: 17900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2017
Closed on
Jan 18, 2018
Sold by
Lennar Homes Of California Inc
Bought by
Du Xuying and Li Cullian
Seller's Agent
Mark Schultz
NON-MEMBER/NBA or BTERM OFFICE
List Price
$899,990
Sold Price
$870,000
Premium/Discount to List
-$29,990
-3.33%
Current Estimated Value
$1,583,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$713,861
Avg. Annual Appreciation
8.19%
Original Mortgage
$565,500
Outstanding Balance
$490,819
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,093,042
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
Du Xuying $870,000 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Du Xuying $565,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2018 02/23/18 Sold $870,000 -3.2% $414 / Sq Ft
12/15/2017 12/15/17 Pending -- -- --
12/09/2017 12/09/17 Price Changed $899,000 -0.1% $428 / Sq Ft
11/13/2017 11/13/17 For Sale $899,990 -- $429 / 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 $16,644 $989,910 $632,787 $357,123
2024 $16,644 $970,500 $620,379 $350,121
2023 $16,284 $951,471 $608,215 $343,256
2022 $15,965 $932,815 $596,289 $336,526
2021 $15,652 $914,525 $584,597 $329,928
2020 $15,531 $905,148 $578,603 $326,545
2019 $15,336 $887,400 $567,257 $320,143
2018 $12,361 $620,595 $333,795 $286,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW17257551

California Regional Multiple Listing Service (CRMLS)

APN: 939-225-57