5 Palermo Irvine, CA 92614
Westpark NeighborhoodEstimated Value: $2,067,000 - $2,286,033
4
Beds
5
Baths
3,176
Sq Ft
$683/Sq Ft
Est. Value
About This Home
This home is located at 5 Palermo, Irvine, CA 92614 and is currently estimated at $2,169,508, approximately $683 per square foot. 5 Palermo is a home located in Orange County with nearby schools including Culverdale Elementary School, Westpark Elementary School, and South Lake Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 11, 2016
Sold by
Chen Shumei
Bought by
The Wenchin & Shumei Chen Family Trust
Current Estimated Value
Purchase Details
Closed on
Mar 22, 2012
Sold by
Chen Wen Chin
Bought by
Chen Shu Mei
Purchase Details
Closed on
Jan 29, 2001
Sold by
Chen Wen Chin
Bought by
Chen Shu Mei
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Outstanding Balance
$91,304
Interest Rate
6%
Estimated Equity
$2,078,204
Purchase Details
Closed on
Dec 1, 1999
Sold by
Chen Joey
Bought by
Chen Joey and Chen Shu Mei
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,400
Interest Rate
7.12%
Purchase Details
Closed on
Oct 5, 1999
Sold by
Jeffrey Beegle and Ghodsieh Nili Ghodsieh
Bought by
Chen Joey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,400
Interest Rate
7.12%
Purchase Details
Closed on
Aug 6, 1996
Sold by
Williams Waltraut H
Bought by
Beegle Jeffrey and Nili Ghodsieh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,200
Interest Rate
7.88%
Purchase Details
Closed on
Jul 10, 1996
Sold by
Williams Ray L and Williams Waltraut H
Bought by
Williams Waltraut H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,200
Interest Rate
7.88%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| The Wenchin & Shumei Chen Family Trust | -- | None Available | |
| Chen Shu Mei | -- | Calcounties Title Nation | |
| Chen Joey | -- | Calcounties Title Nation | |
| Chen Shu Mei | -- | Commonwealth Land Title | |
| Chen Joey | -- | -- | |
| Chen Joey | $358,000 | -- | |
| Beegle Jeffrey | $275,000 | Chicago Title Co | |
| Williams Waltraut H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chen Shu Mei | $275,000 | |
| Previous Owner | Chen Joey | $286,400 | |
| Previous Owner | Beegle Jeffrey | $206,200 |
Source: Public Records
Tax History Compared to Growth
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 | $7,876 | $745,850 | $329,688 | $416,162 |
| 2024 | $7,876 | $731,226 | $323,224 | $408,002 |
| 2023 | $7,674 | $716,889 | $316,887 | $400,002 |
| 2022 | $7,528 | $702,833 | $310,674 | $392,159 |
| 2021 | $7,357 | $689,052 | $304,582 | $384,470 |
| 2020 | $7,315 | $681,987 | $301,459 | $380,528 |
| 2019 | $7,838 | $668,615 | $295,548 | $373,067 |
| 2018 | $7,713 | $655,505 | $289,753 | $365,752 |
| 2017 | $7,568 | $642,652 | $284,071 | $358,581 |
| 2016 | $7,195 | $630,051 | $278,501 | $351,550 |
| 2015 | $7,097 | $620,588 | $274,318 | $346,270 |
| 2014 | $6,972 | $608,432 | $268,944 | $339,488 |
Source: Public Records
Map
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