NOT LISTED FOR SALE

422 Silk Tree Unit 47 Irvine, CA 92606

Westpark Neighborhood

Estimated Value: $1,032,000 - $1,151,000

3 Beds
3 Baths
1,523 Sq Ft
$399/mo HOA Fee

Last Sold August 27, 2021

Last sale price $754,000 $495 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $7,002/month

12 Days on Market

Highlights

  • Main Floor Bedroom
  • Neighborhood Views
  • Balcony
  • Westpark Elementary School Rated A
  • Community Pool
  • 2-minute walk to Sweet Shade Neighborhood Park

About This Home

As of August 2021

Great Location and rare to find in the heart of Irvine. Fully upgraded 3 bedrooms/3 bathroom condo with 1 bedroom and 1 bath located on the main floor. Waterproof wood vinyl flooring done in the whole house; fully remodeled kitchen has a fresh look with quartz countertop, wood cabinets, sinks and recessed lights replaced just a year ago. All bathroom vanities were replaced as well. Master bedroom has spacious closet, bathtub, shower, and double sinks. Bay view windows and sitting area in master bedroom. The easy to access laundry room is on the main floor. Epoxy done in garage floor. The community has nice park with playground, swimming pool, spa and BBQ. Great for families with kids, Nearby biking trails and hiking trail to Peters Canyon. Only minutes to District Shopping Center, Costco, The Market Place, Diamond Jamboree, Irvine Spectrum Center, UCI and Newport Beach, A perfect fit for young professionals and a small family. Award winning Irvine Unified Schools. A must see!

Last Agent to Sell the Property

Quan Zou

JC Pacific Corp License #01994038 Listed on: 07/16/2021

JC Pacific Corp

Last Buyer's Agent

Ann Chen

Realty One Group West License #02031095

Realty One Group West

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2007

HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,523 Sq Ft Home
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Convection Oven
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms

Additional Features

  • Balcony
  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 16662
  • Assessor Parcel Number 93382283

Community Details

Overview

  • 180 Units
  • Columbus Grove Association, Phone Number (949) 535-4533
  • Savannah Association, Phone Number (949) 330-6350
  • Powerstone Property Management HOA
  • Savannah Subdivision

Recreation

  • Community Pool
  • Community Spa
  • Park

Property Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

0

HOA Fees

$399 per month

Parking

2

Listing Details

  • Structure Type: Triplex
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Savannah (SAVA)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93382283
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1523.00 Square Feet
  • Interior Amenities: Balcony
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 495.08
  • Room Type: Main Floor Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Features: Association, Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Gas Cooktop
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: SAVANNAH
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 160.00
  • Association #2 Fee: 239.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Columbus Grove
  • Phone: 9495354533
  • Association Phone #2: 9493306350
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Park
  • Association Management: powerstone property management

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 180
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 525.15
  • Tax Lot: 3
  • Tax Tract Number: 16662

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Oct 1, 2021
Sold by
Ngo Hao Quy and Nguyen Amy Ngoc
Bought by
Ngo Hao Quy and Nguyen Amy Ngoc
Seller's Agent
Quan Zou
JC Pacific Corp
Buyer's Agent
Ann Chen
Realty One Group West
List Price
$758,000
Sold Price
$754,000
Premium/Discount to List
-$4,000
-0.53%
Current Estimated Value
$1,094,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,111
Avg. Annual Appreciation
8.96%
Original Mortgage
$565,500
Outstanding Balance
$511,186
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$582,925

Purchase Details

Listed on
Jul 16, 2021
Closed on
Aug 24, 2021
Sold by
Ji Zhaohua and Zhu Meihong
Bought by
Ngo Hao Quy and Nguyen Amy Ngoc
Seller's Agent
Quan Zou
JC Pacific Corp
Buyer's Agent
Ann Chen
Realty One Group West
List Price
$758,000
Sold Price
$754,000
Premium/Discount to List
-$4,000
-0.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,500
Outstanding Balance
$511,186
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$582,925

Purchase Details

Listed on
Nov 5, 2019
Closed on
Jan 23, 2020
Sold by
Lankalapalli Ramamohan R and Lankalapalli Leela
Bought by
Ji Zhaohua and Zhu Meihong
Seller's Agent
Sridhar Palakonda
Premier Realty Associates
Buyer's Agent
Guanyu Chen
Wetrust Realty
List Price
$649,000
Sold Price
$642,000
Premium/Discount to List
-$7,000
-1.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.48%
Original Mortgage
$240,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2017
Sold by
Lankalapalli Ramamohan R
Bought by
Lankalapalli Ramamohan R and Lankalapalli Leela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,100
Interest Rate
3.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 4, 2007
Sold by
Lankalapalli Leela
Bought by
Lankalapalli Ramamohan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,250
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ngo Hao Quy -- None Available
Ngo Hao Quy $754,000 Fidelity National Title
Ji Zhaohua $642,000 Lawyers Title
Lankalapalli Ramamohan R -- First American Title Co
Lankalapalli Ramamohan R -- North American Title
Lankalapalli Ramamohan R $477,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ngo Hao Quy $565,500
Previous Owner Ji Zhaohua $240,000
Previous Owner Lankalapalli Ramamohan R $424,100
Previous Owner Lankalapalli Ramamohan R $429,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2021 08/27/21 Sold $754,000 -0.5% $495 / Sq Ft
07/30/2021 07/30/21 For Sale $758,000 +0.5% $498 / Sq Ft
07/29/2021 07/29/21 Off Market $754,000 -- --
07/28/2021 07/28/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $758,000 +18.1% $498 / Sq Ft
03/03/2020 03/03/20 Sold $642,000 -1.1% $422 / Sq Ft View Prior Sale
01/14/2020 01/14/20 Pending -- -- --
11/05/2019 11/05/19 For Sale $649,000 -- $426 / 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 $10,445 $800,150 $545,099 $255,051
2024 $10,445 $784,461 $534,411 $250,050
2023 $10,222 $769,080 $523,932 $245,148
2022 $10,070 $754,000 $513,658 $240,342
2021 $8,775 $648,651 $409,261 $239,390
2020 $7,993 $572,893 $296,339 $276,554
2019 $7,861 $561,660 $290,528 $271,132
2018 $7,764 $550,648 $284,832 $265,816
2017 $7,540 $539,851 $279,247 $260,604
2016 $7,284 $529,266 $273,771 $255,495
2015 $7,157 $521,316 $269,658 $251,658
2014 $7,065 $511,105 $264,376 $246,729
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21155900

California Regional Multiple Listing Service (CRMLS)

APN: 933-822-83