NOT LISTED FOR SALE

Estimated Value: $2,986,000 - $3,787,000

4 Beds
5 Baths
4,367 Sq Ft
$788/Sq Ft Est. Value

About This Home

This home is located at 5 Morro Bay, Irvine, CA 92602 and is currently estimated at $3,442,178, approximately $788 per square foot. 5 Morro Bay is a home located in Orange County with nearby schools including Hicks Canyon Elementary School, Orchard Hills School, and Arnold O. Beckman High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2014
Sold by
Sun Mingyuan and Chen Xiaoying
Bought by
Cheng Xiuli
Current Estimated Value
$3,442,178

Purchase Details

Closed on
Aug 18, 2011
Sold by
Hales Mark F and Hales Wendy Cantor
Bought by
Sun Mingyuan and Chen Xiaoying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,015,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 23, 2005
Sold by
Hales Mark and Hales Wendy Cantor
Bought by
Hales Mark F and Hales Wendy Cantor

Purchase Details

Closed on
Jan 21, 2003
Sold by
Nichols Cheryl P
Bought by
Hales Mark and Hales Wendy Cantor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$913,750
Interest Rate
5.12%

Purchase Details

Closed on
Jun 24, 2002
Sold by
Nichols Randall M
Bought by
Nichols Cheryl P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,500
Interest Rate
6.78%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 8, 2001
Sold by
Centex Homes
Bought by
Ghaemi Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,916
Interest Rate
5.75%

Purchase Details

Closed on
Oct 29, 2001
Sold by
Ghaemi Maria Lourdes
Bought by
Ghaemi Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,916
Interest Rate
5.75%

Purchase Details

Closed on
Sep 5, 2000
Sold by
Taylor Woodrow Homes Inc
Bought by
Nichols Randall M and Nichols Cheryl P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$736,800
Interest Rate
7.87%
Source: Public Records

Range of Values:

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.

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Cheng Xiuli $1,580,000 Fidelity National Title
Sun Mingyuan $1,450,000 Landwood Title Company
Hales Mark F -- --
Hales Mark $1,085,000 First American Title Co
Nichols Cheryl P -- Gateway Title Company
Ghaemi Michael $584,000 Benefit Land Title Company
Ghaemi Michael -- Benefit Land Title Company
Nichols Randall M $921,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sun Mingyuan $1,015,000
Previous Owner Hales Mark F $625,500
Previous Owner Hales Mark $87,000
Previous Owner Hales Mark $786,000
Previous Owner Hales Mark $913,750
Previous Owner Nichols Cheryl P $152,500
Previous Owner Nichols Cheryl P $110,000
Previous Owner Ghaemi Michael $466,916
Previous Owner Nicholas Randall M $740,000
Previous Owner Nichols Randall M $736,800
Source: Public Records

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 $20,687 $1,898,918 $938,250 $960,668
2024 $20,687 $1,861,685 $919,853 $941,832
2023 $20,294 $1,825,182 $901,817 $923,365
2022 $19,929 $1,789,395 $884,135 $905,260
2021 $21,641 $1,754,309 $866,799 $887,510
2020 $21,470 $1,736,321 $857,911 $878,410
2019 $21,051 $1,702,276 $841,089 $861,187
2018 $20,652 $1,668,899 $824,598 $844,301
2017 $20,202 $1,636,176 $808,429 $827,747
2016 $19,842 $1,604,095 $792,578 $811,517
2015 $19,722 $1,580,000 $780,672 $799,328
2014 $18,734 $1,485,714 $722,065 $763,649
Source: Public Records

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