NOT LISTED FOR SALE

Estimated Value: $1,045,000 - $1,263,000

2 Beds
3 Baths
1,404 Sq Ft
$834/Sq Ft Est. Value

Last Sold November 08, 2013

Last sale price $470,000 $335 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $6,636/month

Highlights

  • Spa
  • Primary Bedroom Suite
  • Loft
  • University Park Elementary Rated A
  • Main Floor Primary Bedroom
  • Enclosed Patio or Porch

About This Home

As of October 2023

Newly completed remodel! This beautiful 1,400 sq.ft. home has 2 bedrooms plus a loft and 3 bathrooms. By entering this place, immediately you will see a totally expanded brand new kitchen with white shaker style cabinets, a large kitchen island with pendant lighting, quartz countertops, and new stainless steel appliances. The dry-bar area also has new matching cabinets. The kitchen opens to vaulted ceiling dining room and the living room. The spacious living room has a cozy fireplace. Title floor throughout living room, dining area and kitchen, and laminated wood floor in bed rooms. Stepping out from the French doors in the living room is a small enclosed well landscaped yard, really easy to take care. Ground level master suite has a walk-in closet, remodeled bathroom with double-sink vanity, new separate shower room and recess light on the bedroom ceiling. Good sized second bedroom also on the main level, it has a large closet and recess lights. Take a wood stairs from the living room to the loft; the space is private, bright and airy. The loft can host a guest or use it as an office. Adjusting to the loft, are guest bathroom and plenty of storage. The large two-car attached garage has a separate entry just outside of the front court yard. The gated front court yard provides privacy and security.
The Terrace community amenities include swimming pools, spas, barbeques and a clubhouse. Surrounding by gorgeous greenbelts, parks and tot lots. Conveniently located close to elementary and middle schools, UCI, IVC, Irvine Spectrum, John Wayne Airport, golf clubs, supermarkets, restaurants, and 405 freeway.

Last Agent to Rent the Property

Fay Liu

RE/MAX Premier Realty License #01228548 Listed on: 09/17/2023

RE/MAX Premier Realty

Last Renter's Agent

Fay Liu

RE/MAX Premier Realty License #01228548 Listed on: 09/17/2023

RE/MAX Premier Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,965

Year Built

  • Built in 1974

Lot Details

  • 2,944 Sq Ft Lot
  • Property is zoned PUD

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,404 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Loft

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Quartz Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Spa
  • Enclosed Patio or Porch

Schools

  • University Park Elementary School
  • Rancho San Juaquin Middle School
  • University High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts in Garage

Listing and Financial Details

  • Security Deposit $4,000
  • 12-Month Minimum Lease Term
  • Available 9/18/23
  • Tax Lot 91
  • Tax Tract Number 8002
  • Assessor Parcel Number 45317243

Community Details

Overview

  • Property has a Home Owners Association
  • Terrace Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool
  • Community Spa
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,965

Year Built

Built in 1974

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2023-09-18
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 300
  • Deposit Security: 4000
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Terrace (TR)
  • View: No
  • Zoning: PUD
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 45317243
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1404.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2.85
  • Room Type: Loft, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Suite, Walk-In Closet
  • Spa Features: Association, Community
  • Bathroom Features: Double Sinks In Primary Bath, Exhaust Fan(s), Main Floor Full Bath, Quartz Counters, Remodeled, Walk-In Shower

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Enclosed
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Microwave, Vented Exhaust Fan
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue
  • Senior Community: No
  • Community Features: Park

Schools

  • School District: Irvine Unified
  • Elementary School: University Park
  • Middle School: Rancho San Juaquin
  • High School: University
  • Elementary School: University Park
  • High School: University
  • Middle Or Junior School: Rancho San Juaquin
  • Elementary School #2: UNIPAR
  • High School2: UNIVER

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 2944.00
  • Lot Size Acres: 0.0676

Multi Family

  • First Repairs: 85
  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 2944.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.51
  • Tax Lot: 91
  • Tax Tract Number: 8002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2013
Closed on
Oct 4, 2013
Sold by
Rucci C Christine
Bought by
Huang Cheng Yang and Wang Mei Ling
Seller's Agent
Frances Lugo
Re/Max Premier Realty
Buyer's Agent
Fay Liu
RE/MAX Premier Realty
List Price
$488,000
Sold Price
$470,000
Premium/Discount to List
-$18,000
-3.69%
Current Estimated Value
$1,170,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$700,487
Avg. Annual Appreciation
7.92%
Original Mortgage
$300,000
Outstanding Balance
$223,397
Interest Rate
4.27%
Mortgage Type
New Conventional
Estimated Equity
$947,090

Purchase Details

Closed on
Aug 7, 2001
Sold by
Safoian Hovig and Safoian Annie
Bought by
Rucci C Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
6.5%

Purchase Details

Closed on
Apr 23, 1997
Sold by
Morris Paul E
Bought by
Safoian Hovig and Safoian Annie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Interest Rate
8.14%
Source: Public Records

Range of Values:

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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
Huang Cheng Yang $470,000 Orange Coast Title Company
Rucci C Christine $269,000 Chicago Title Co
Safoian Hovig $156,000 Chicago Title
Morris Paul E -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Cheng Yang $300,000
Previous Owner Rucci C Christine $242,000
Previous Owner Safoian Hovig $124,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2023 10/30/23 Rented $4,000 0.0% --
09/17/2023 09/17/23 For Rent $4,000 +63.3% --
04/12/2014 04/12/14 Rented $2,450 0.0% --
03/13/2014 03/13/14 Under Contract -- -- --
03/01/2014 03/01/14 For Rent $2,450 0.0% --
11/08/2013 11/08/13 Sold $470,000 -1.1% $335 / Sq Ft View Prior Sale
10/03/2013 10/03/13 Pending -- -- --
09/25/2013 09/25/13 Price Changed $475,000 -2.7% $338 / Sq Ft
09/12/2013 09/12/13 For Sale $488,000 -- $348 / 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 $5,965 $576,150 $465,230 $110,920
2024 $5,965 $564,853 $456,107 $108,746
2023 $5,811 $553,778 $447,164 $106,614
2022 $5,707 $542,920 $438,396 $104,524
2021 $5,580 $532,275 $429,800 $102,475
2020 $5,548 $526,818 $425,393 $101,425
2019 $5,426 $516,489 $417,052 $99,437
2018 $5,329 $506,362 $408,874 $97,488
2017 $5,219 $496,434 $400,857 $95,577
2016 $4,986 $486,700 $392,997 $93,703
2015 $4,911 $479,390 $387,094 $92,296
2014 $4,815 $470,000 $379,511 $90,489
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23172860

California Regional Multiple Listing Service (CRMLS)

APN: 453-172-43