NOT LISTED FOR SALE

Estimated Value: $1,056,418 - $1,168,000

3 Beds
2.5 Baths
1,300 Sq Ft
$845/Sq Ft Est. Value

Last Sold December 24, 2021

Last sale price $950,000 $731 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,866/month

4 Days on Market

Highlights

  • Primary Bedroom Suite
  • Community Pool
  • Walk-In Closet
  • Sierra Vista Middle School Rated A
  • 2 Car Attached Garage
  • Park

About This Home

As of December 2021

This home is located at 478 Monroe, Irvine, CA 92620 since 04 December 2021 and is currently estimated at $1,098,355, approximately $844 per square foot. This property was built in 1985. 478 Monroe is a home located in Orange County with nearby schools including Brywood Elementary School, Sierra Vista Middle School, and Northwood High School.

Last Agent to Sell the Property

Frank Agahi

Associated Realtors License #00846805 Listed on: 12/04/2021

Associated Realtors

Last Buyer's Agent

Ozzie Fazaeli

eXp Realty of California, Inc. License #02018628

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1985

HOA Fees

  • $230 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,300 Sq Ft Home
  • Formal Entry
  • Separate Family Room
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Two or More Common Walls
  • Urban Location
  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 12288
  • Assessor Parcel Number 93209507
  • $193 per year additional tax assessments

Community Details

Overview

  • 100 Units
  • Northwood Timberline Homeowners Association, Phone Number (714) 508-9070
  • Optimum Professional Mgm HOA

Recreation

  • Community Pool
  • Community Spa
  • Park
  • Bike Trail

Townhouse Details

Home Type

Townhome

Year Built

Built in 1985

Lot Details

0

HOA Fees

$230 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 93209507
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1300.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 730.77
  • Room Type: All Bedrooms Up, Family Room, Formal Entry, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Separate Family Room, Walk-In Closet

Exterior Features

  • Pool Features: Community
  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 230.00
  • Association Fee Frequency: Monthly
  • Association Name: Northwood Timberline Homeowners
  • Phone: 714 508-9070
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Gutters, Park, Sidewalks, Storm Drains, Street Lights, Urban
  • Association Management: Optimum Professional Mgm

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: Yes
  • Number Of Units In Community: 100
  • Number Of Units Total: 100

Tax Info

  • Tax Census Tract: 525.25
  • Tax Lot: 1
  • Tax Tract Number: 12288
  • TaxOtherAnnualAssessmentAmount: 193.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2021
Closed on
Dec 13, 2021
Sold by
Soleimani Babak
Bought by
Li Richard Leechung and Cai Samantha
Seller's Agent
Frank Agahi
Associated Realtors
Buyer's Agent
Ozzie Fazaeli
eXp Realty of California, Inc.
List Price
$798,000
Sold Price
$950,000
Premium/Discount to List
$152,000
19.05%
Current Estimated Value
$1,098,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,355
Avg. Annual Appreciation
3.68%
Original Mortgage
$618,750
Outstanding Balance
$568,090
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$530,265

Purchase Details

Closed on
Apr 14, 1998
Sold by
Baraghoush Arezou
Bought by
Soleimani Babak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,800
Interest Rate
8.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 23, 1998
Sold by
Bankers Trust Company Of California Na
Bought by
Soleimani Babak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,800
Interest Rate
8.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 1, 1995
Sold by
Colby Melinda Bacsa
Bought by
Colby Dexter Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
7.5%

Purchase Details

Closed on
Mar 9, 1995
Sold by
Colby Melinda B
Bought by
Colby Dexter Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.5%

Purchase Details

Closed on
Mar 17, 1994
Sold by
Hayashi Robert S
Bought by
Colby Dexter Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,500
Interest Rate
7.59%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Li Richard Leechung $950,000 Lawyers Title Company
Soleimani Babak -- Old Republic Title Co
Soleimani Babak $162,000 Old Republic Title Company
Colby Dexter Joseph -- Continental Lawyers Title Co
Colby Dexter Joseph -- --
Colby Dexter Joseph $169,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Richard Leechung $618,750
Previous Owner Soleimani Babak $145,800
Previous Owner Colby Dexter Joseph $10,000
Previous Owner Colby Dexter Joseph $160,000
Previous Owner Colby Dexter Joseph $160,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/24/2021 12/24/21 Sold $950,000 +19.0% $731 / Sq Ft
12/04/2021 12/04/21 For Sale $798,000 -- $614 / 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 $10,584 $1,008,147 $899,738 $108,409
2024 $10,584 $988,380 $882,096 $106,284
2023 $10,312 $969,000 $864,800 $104,200
2022 $10,189 $950,000 $847,843 $102,157
2021 $2,648 $238,966 $103,694 $135,272
2020 $2,633 $236,516 $102,631 $133,885
2019 $2,575 $231,879 $100,619 $131,260
2018 $2,528 $227,333 $98,646 $128,687
2017 $2,475 $222,876 $96,712 $126,164
2016 $2,371 $218,506 $94,815 $123,691
2015 $2,283 $215,224 $93,390 $121,834
2014 $2,239 $211,009 $91,561 $119,448
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21258610

California Regional Multiple Listing Service (CRMLS)

APN: 932-095-07