NOT LISTED FOR SALE

4932 Rain Tree Ln Irvine, CA 92612

University Park and Town Center Neighborhood

Estimated Value: $1,970,838 - $2,229,000

4 Beds
3 Baths
2,229 Sq Ft
$924/Sq Ft Est. Value

Last Sold September 11, 2014

Last sale price $990,000 $444 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $12,692/month

60 Days on Market

Highlights

  • Private Pool
  • Primary Bedroom Suite
  • Atrium Room
  • University Park Elementary Rated A
  • Updated Kitchen
  • 2-minute walk to Dave Robins Park

About This Home

As of September 2014

Fantastic University Park Dean Home features 4 Bedrooms, One downstairs with Bath. Owner has redone virtually everything-Nes Windows and covers. New Carpet,New Dishwasher,New Paint. Highly upgraded Home featuresnewer Tile Roof,tile floors,Carrera Marble Master bathroom floor. New Roll up garage door. One bedroom and bath downstairs.Mirrored Wardrobe Doors.New Bathroom Fixtures. Granite Counters in Kitchen.Direct Garage access.Long Driveway .Home shows Light and Bright with sky lights,Atrium and long Windows. Nestled between Dave Robbins Park and a greenbelt. Near University High School,U.C.I. shops,parks recreation,library,grade school,services, banks,restaurants,grocery and freeways. All association facilities and 44 acres of greenbelts and parks to enjoy.
Buyer to cooperate with seller in a 1031 Exchange on this property

Last Agent to Sell the Property

Andree Fontanella

Hanu Reddy Realty License #00663332 Listed on: 06/02/2014

Last Buyer's Agent

Mehri Borhani

Keller Williams Realty Irvine License #01361225

Keller Williams Realty Irvine

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,136

Year Built

  • Built in 1974

Lot Details

  • 4,356 Sq Ft Lot
  • Paved or Partially Paved Lot
  • Private Yard
  • Back and Front Yard

HOA Fees

  • $158 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Turnkey
  • Planned Development
  • Slab Foundation
  • Concrete Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,229 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Double Pane Windows
  • Shutters
  • Blinds
  • Garden Windows
  • Atrium Windows
  • Window Screens
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Atrium Room
  • Park or Greenbelt Views
  • Carbon Monoxide Detectors

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Patio
  • Exterior Lighting
  • Wrap Around Porch

Location

  • Property is near a park

Utilities

  • Central Heating
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 156 / 156
  • Tax Tract Number 8263
  • Assessor Parcel Number 45315171

Community Details

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,136

Year Built

Built in 1974

Lot Details

0

HOA Fees

$158 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s)
  • Subdivision Name Other: Parkside - Deane (PD)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45315171
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2229.00
  • Interior Amenities: Cathedral Ceiling(s), Granite Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Tile
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, In Family Room, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 444.15
  • Room Type: Atrium, Dressing Area, Family Room, Living Room, Main Floor Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Association
  • Window Features: Atrium, Blinds, Double Pane Windows, Garden Window(s), Screens, Shutters
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Park/Greenbelt
  • Patio And Porch Features: Brick, Concrete, Wrap Around
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Concrete
  • Spa: Yes
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Assigned, Garage Faces Front, Direct Garage Access, Garage, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Tennis Court(s)
  • Association Fee: 158.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Irvine Unified

Lot Info

  • Lot Features: Back Yard, Front Yard, Paved, Park Nearby, Planned Unit Development, Yard
  • Lot Size Sq Ft: 4356.00
  • Lot Size Acres: 0.1000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4356.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 156
  • Tax Lot: 156
  • Tax Tract Number: 8263

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2019
Sold by
Rosevear Allan F and Rosevear Kathleen H
Bought by
Rosevear Family Trust
Total Days on Market
60
Current Estimated Value
$2,060,710

Purchase Details

Listed on
Jun 2, 2014
Closed on
Aug 15, 2014
Sold by
Murthy Indrani
Bought by
Rosevear Allan F and Rosevear Kathleen H
Seller's Agent
Andree Fontanella
Hanu Reddy Realty
Buyer's Agent
Mehri Borhani
Keller Williams Realty Irvine
List Price
$1,150,000
Sold Price
$990,000
Premium/Discount to List
-$160,000
-13.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%

Purchase Details

Closed on
Sep 21, 2011
Sold by
Murthy Indrani
Bought by
Murthy Indrani and Indrani Murthy Revocable Trust

Purchase Details

Closed on
Nov 12, 2004
Sold by
Murphy Indrani
Bought by
Murthy Indrani and Indrani Murthy Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 1994
Sold by
Murthy Indrani
Bought by
Murthy Indrani and Indrani Murthy Revocable Trust
Source: Public Records

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Range of Values:

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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
Rosevear Family Trust -- None Available
Rosevear Allan F $990,000 Chicago Title Company
Murthy Indrani -- None Available
Murthy Indrani -- Chicago Title Co
Murthy Indrani -- Chicago Title Co
Murthy Indrani -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murthy Indrani $112,000
Previous Owner Murthy Indrani $200,000
Previous Owner Murthy Indrani $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2014 09/11/14 Sold $990,000 -5.7% $444 / Sq Ft
07/03/2014 07/03/14 Price Changed $1,050,000 -4.5% $471 / Sq Ft
06/16/2014 06/16/14 Price Changed $1,100,000 -4.3% $493 / Sq Ft
06/02/2014 06/02/14 For Sale $1,150,000 0.0% $516 / Sq Ft
07/22/2012 07/22/12 Rented $3,350 -4.1% --
07/22/2012 07/22/12 Under Contract -- -- --
02/21/2012 02/21/12 For Rent $3,495 -- --
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
2024 $12,136 $1,166,498 $950,812 $215,686
2023 $11,822 $1,143,626 $932,169 $211,457
2022 $11,609 $1,121,202 $913,891 $207,311
2021 $11,350 $1,099,218 $895,971 $203,247
2020 $11,285 $1,087,947 $886,784 $201,163
2019 $11,034 $1,066,615 $869,396 $197,219
2018 $10,841 $1,045,701 $852,349 $193,352
2017 $10,617 $1,025,198 $835,637 $189,561
2016 $10,137 $1,005,097 $819,252 $185,845
2015 $10,054 $990,000 $806,946 $183,054
2014 $4,880 $474,553 $300,036 $174,517
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Andree Fontanella

    Hanu Reddy Realty

    (714) 402-1861

    1 Total Sale

    Andree Fontanella
    Section Image

  • M

    Buyer's Agent in 2014

    Mehri Borhani

    Keller Williams Realty Irvine

    (949) 394-7414

    16 in this area

    37 Total Sales

    Mehri Borhani
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14114711

California Regional Multiple Listing Service (CRMLS)

APN: 453-151-71

California Orange County Irvine 92612 University Park and Town Center

4932 Rain Tree Ln, Irvine, CA

This home is located at 4932 Rain Tree Ln, Irvine, CA 92612 since 02 June 2014 and is currently estimated at $2,060,710, approximately $924 per square foot. This property was built in 1974. 4932 Rain Tree Ln is a home located in Orange County with nearby schools including University Park Elementary, Rancho San Joaquin Middle School, and University High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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