NOT LISTED FOR SALE

40 Spring Valley Irvine, CA 92602

Lower Peters Canyon Neighborhood

Estimated Value: $1,183,000 - $1,383,000

3 Beds
3 Baths
1,821 Sq Ft
$330/mo HOA Fee

Last Sold May 09, 2012

Last sale price $470,000 $258 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $7,484/month

93 Days on Market

Highlights

  • Private Pool
  • Open Floorplan
  • Contemporary Architecture
  • Hicks Canyon Elementary School Rated A
  • Clubhouse
  • Wood Flooring

About This Home

As of May 2012

Prestigious gate guarded Northpark. Versatile loft like tri-level plan w/one bedroom downstairs w/full bath. Living room w/vaulted ceilings & fireplace with builts-ins open to dining. Inside Laundry Room Gourmet kitchen w/maple cabinets, stainless appliances & granite counters. Second bedroom w/full bath on second level. Private master w/ spacious master bath, tub & seperate shower. Highly upgraded w/hardwood floors and new carpet. Backyard w/multi level stacked stone accents.

Last Agent to Sell the Property

Frank Gibson

Frank Gibson Realty License #00835339 Listed on: 12/21/2011

Last Buyer's Agent

Julia Veksler

Coldwell Banker Platinum Prop License #01156044

Coldwell Banker Platinum Prop

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2000

HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,821 Sq Ft Home
  • Open Floorplan
  • Fireplace
  • Living Room
  • L-Shaped Dining Room
  • Laundry in unit

Kitchen

  • Gas Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Slab Porch or Patio

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 15740
  • Assessor Parcel Number 93553732

Community Details

Overview

  • Association Phone (949) 367-9430

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Year Built

Built in 2000

Lot Details

0

HOA Fees

$330 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Brisbane
  • View: No
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93553732
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1821.00
  • Interior Amenities: Open Floorplan
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Dining Ell
  • Levels: Three Or More
  • Price Per Square Foot: 258.10
  • Room Type: Living Room, Main Floor Bedroom, Walk-In Closet
  • Spa Features: Association

Exterior Features

  • Patio: Yes
  • Fence: No
  • Patio And Porch Features: Concrete, Slab
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Appliances: Dishwasher, Gas Cooking, Disposal, Microwave, Range, Refrigerator, Cooktop
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Clubhouse Paid, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 155.00
  • Association #2 Fee: 175.00
  • Association Fee Frequency: Monthly
  • Phone: 949-367-9430
  • Senior Community: No

Lot Info

  • Land Lease Purchase: No

Multi Family

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

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 15740

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2011
Closed on
Mar 30, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Wang Peter and Liu Alice S
Seller's Agent
Frank Gibson
Frank Gibson Realty
Buyer's Agent
Julia Veksler
Coldwell Banker Platinum Prop
List Price
$518,465
Sold Price
$470,000
Premium/Discount to List
-$48,465
-9.35%
Current Estimated Value
$1,260,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$790,093
Avg. Annual Appreciation
7.49%
Original Mortgage
$352,500
Outstanding Balance
$243,820
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$1,016,273

Purchase Details

Closed on
May 4, 2011
Sold by
Mohsenzadeh Mahnaz
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Mar 7, 2006
Sold by
Taghavi Reza
Bought by
Mohsenzadeh Mahnaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,000
Interest Rate
6.73%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 22, 2006
Sold by
Kansky William J and Kansky Cynthia E
Bought by
Mohsenzadeh Mahnaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,000
Interest Rate
6.73%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 10, 2000
Sold by
Greystone Homes Inc
Bought by
Kansky William J and Kansky Cynthia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wang Peter $470,000 Lsi Title Company Inc
Deutsche Bank National Trust Company $468,608 Accommodation
Mohsenzadeh Mahnaz -- Landwood Title
Mohsenzadeh Mahnaz $700,000 Landwood Title
Kansky William J $291,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Peter $352,500
Previous Owner Mohsenzadeh Mahnaz $559,000
Previous Owner Kansky William J $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2012 05/09/12 Sold $470,000 +0.4% $258 / Sq Ft
03/23/2012 03/23/12 Pending -- -- --
02/14/2012 02/14/12 Price Changed $468,255 -5.0% $257 / Sq Ft
01/18/2012 01/18/12 Price Changed $492,900 -4.9% $271 / Sq Ft
12/21/2011 12/21/11 For Sale $518,465 -- $285 / 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 $6,629 $590,340 $353,657 $236,683
2024 $6,629 $578,765 $346,722 $232,043
2023 $6,505 $567,417 $339,923 $227,494
2022 $6,379 $556,292 $333,258 $223,034
2021 $6,924 $545,385 $326,724 $218,661
2020 $6,873 $539,793 $323,374 $216,419
2019 $6,736 $529,209 $317,033 $212,176
2018 $6,606 $518,833 $310,817 $208,016
2017 $6,460 $508,660 $304,722 $203,938
2016 $6,347 $498,687 $298,747 $199,940
2015 $6,295 $491,197 $294,260 $196,937
2014 $6,192 $481,576 $288,496 $193,080
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2012

    Frank Gibson

    Frank Gibson Realty

  • Julia Veksler

    Buyer's Agent in 2012

    Julia Veksler

    Coldwell Banker Platinum Prop

    (949) 400-3582

    23 Total Sales

    Julia Veksler
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P806539

California Regional Multiple Listing Service (CRMLS)

APN: 935-537-32

California Orange County Irvine 92602 Lower Peters Canyon

40 Spring Valley, Irvine, CA

Not Listed for Sale

Condos

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