NOT LISTED FOR SALE

Estimated Value: $1,363,332 - $1,539,000

3 Beds
2 Baths
1,228 Sq Ft
$1,162/Sq Ft Est. Value

Last Sold July 12, 2024

Last sale price $1,370,000 $1,116 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $8,068/month

28 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Tennis Courts
  • Venado Middle School Rated A
  • Main Floor Bedroom
  • 3-minute walk to Colony Park

About This Home

As of July 2024

Capitalize on a great opportunity in Irvine! Located in the heart of the city, this single level home has 3 bedrooms and 2 baths. Situated on a large lot with an inside tract location in the Colony. Landscaped front yard. Back yard has many fruit trees. Home is in need of some tender, love and care. Residents can also take advantage of fantastic association amenities, including a pool and tennis courts, for leisure and recreation. This home is in close proximity to the 5 freeway, Walnut Shopping Center, Heritage Park Community facilities, Woodbridge Lake and Woollett Aquatics Center used for training Olympic swimmers. Attend Award Winning Irvine Unified Schools!

Last Agent to Sell the Property

Hanu Reddy

Hanu Reddy Realty Brokerage Phone: 949-829-3499 License #00772535 Listed on: 05/24/2024

Co-Listed By

Steve Reddy

Hanu Reddy Realty Brokerage Phone: 949-829-3499 License #00882549

Last Buyer's Agent

Steve Reddy

Hanu Reddy Realty Brokerage Phone: 949-829-3499 License #00882549

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,916

Year Built

  • Built in 1972

Lot Details

  • 5,000 Sq Ft Lot
  • Back and Front Yard
  • Zero Lot Line

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Slab Foundation

Interior Spaces

  • 1,228 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laminate Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Outdoor Features

  • Spa
  • Exterior Lighting

Location

  • Suburban Location

Schools

  • College Park Elementary School
  • Venado Middle School
  • Irvine High School

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 66
  • Tax Tract Number 7309
  • Assessor Parcel Number 44916141
  • $220 per year additional tax assessments

Community Details

Overview

  • Colony Club HOA, Phone Number (714) 779-1300
  • Cardinal Property Management HOA
  • Colony Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,916

Year Built

Built in 1972

Lot Details

0

HOA Fees

$65 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Colony (CC)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 44916141
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1228.00 Square Feet
  • Stories: 1
  • Entry Location: Ground Level
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1115.64
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Suite
  • Spa Features: Association, Community

Exterior Features

  • Foundation: Slab
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Tennis Court(s)
  • Association Fee: 195.00
  • Association Fee Frequency: Quarterly
  • Association Name: Colony Club HOA
  • Phone: (714) 779-1300
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban
  • Association Management: Cardinal Property Management

Schools

  • School District: Irvine Unified
  • Elementary School: College Park
  • Middle School: Venado
  • High School: Irvine
  • Elementary School: College Park
  • High School: Irvine
  • Middle Or Junior School: Venado
  • Elementary School #2: COLPAR
  • High School2: IRVINE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Zero Lot Line
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1148
  • Latitude Manual: 33.70867100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 525.27
  • Tax Lot: 66
  • Tax Tract Number: 7309
  • TaxOtherAnnualAssessmentAmount: 220.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Jul 2, 2024
Sold by
Rimma Posin Living Trust and Posin Arie
Bought by
Zhang Bolun and Zhang Biyao
Seller's Agent
Hanu Reddy
Hanu Reddy Realty
Buyer's Agent
Steve Reddy
Hanu Reddy Realty
List Price
$1,250,000
Sold Price
$1,370,000
Premium/Discount to List
$120,000
9.6%
Views
75
Current Estimated Value
$1,427,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,083
Avg. Annual Appreciation
3.12%
Original Mortgage
$959,000
Outstanding Balance
$951,026
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$468,242

Purchase Details

Closed on
Sep 2, 2003
Sold by
Posin Rimma
Bought by
Posin Rimma and Rimma Posin Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,556
Interest Rate
5.29%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 23, 2003
Sold by
Rimma Posin Living Trust
Bought by
Posin Rimma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,556
Interest Rate
5.29%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 29, 2001
Sold by
Posin Rimma L
Bought by
Posin Rimma L and Rimma L Posin Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.51%

Purchase Details

Closed on
Nov 7, 2001
Sold by
Posin Rimma L
Bought by
Posin Rimma L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.51%

Purchase Details

Closed on
Jun 2, 1999
Sold by
Posin Rimma L
Bought by
Posin Rimma L and The Rimma L Posin Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
5.99%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 12, 1999
Sold by
Posin Rimma L
Bought by
Posin Rima L and The Rima L Posin Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
5.99%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 2, 1995
Sold by
Posin Rimma L
Bought by
Posin Rimma L and Rimma L Posin Trust
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
Zhang Bolun $1,370,000 Chicago Title
Posin Rimma -- --
Posin Rimma -- --
Posin Rimma L -- Southland Title Corporation
Posin Rimma L -- Southland Title Corporation
Posin Rimma L -- Gateway Title Company
Posin Rimma L -- Gateway Title Company
Posin Rima L -- Southland Title Corporation
Posin Rimma L -- Southland Title Corporation
Posin Rimma L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Bolun $959,000
Previous Owner Posin Rimma L $142,556
Previous Owner Posin Rimma L $150,000
Previous Owner Posin Rimma L $133,500
Previous Owner Posin Rimma L $50,000
Previous Owner Posin Rimma L $150,000
Previous Owner Posin Rimma L $140,000
Previous Owner Posin Rimma L $50,000
Previous Owner Posin Rimma L $37,500
Previous Owner Posin Rimma L $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold $1,370,000 +9.6% $1,116 / Sq Ft
06/24/2024 06/24/24 For Sale $1,250,000 -8.8% $1,018 / Sq Ft
06/23/2024 06/23/24 Off Market $1,370,000 -- --
06/22/2024 06/22/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $1,250,000 -8.8% $1,018 / Sq Ft
05/28/2024 05/28/24 Off Market $1,370,000 -- --
05/24/2024 05/24/24 For Sale $1,250,000 -- $1,018 / 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 $2,916 $1,370,000 $1,259,977 $110,023
2024 $2,916 $267,236 $144,288 $122,948
2023 $2,840 $261,997 $141,459 $120,538
2022 $2,779 $256,860 $138,685 $118,175
2021 $2,711 $251,824 $135,966 $115,858
2020 $2,695 $249,242 $134,571 $114,671
2019 $2,634 $244,355 $131,932 $112,423
2018 $2,584 $239,564 $129,345 $110,219
2017 $2,529 $234,867 $126,809 $108,058
2016 $2,421 $230,262 $124,322 $105,940
2015 $2,331 $226,804 $122,455 $104,349
2014 $2,285 $222,362 $120,057 $102,305
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24100587

California Regional Multiple Listing Service (CRMLS)

APN: 449-161-41