$1,742,000 - $1,864,000
RENTED AUG 24, 2025
3 Beds
2 Baths
1,663 Sq Ft
$1,078 Price per Sq Ft

Last Sold March 28, 2023

Last sale price $1,405,000 $845 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $11,110/month

Highlights

  • Open Floorplan
  • Cathedral Ceiling
  • Community Pool
  • University Park Elementary Rated A
  • Park or Greenbelt View
  • 3-minute walk to Dave Robins Park

About This Home

As of August 2025

Welcome to 5022 Tamarack Way – Where Timeless Elegance Meets Modern Comfort! Nestled in the heart of Irvine’s esteemed University Park, this beautifully reimagined residence offers a rare blend of classic architectural charm and contemporary sophistication. From the moment you arrive, you’ll be captivated by the soaring ceilings and an abundance of natural light streaming through expansive windows, creating an airy, light-filled ambiance that is both grand and inviting. The freshly painted interiors provide a crisp, modern palette that highlights the home’s graceful lines and thoughtful design. The kitchen stands out with richly stained cabinetry, offering depth and elegance that anchors the space in warm sophistication—ideal for both daily living and stylish entertaining. The open-concept layout enhances the sense of spaciousness, with every room thoughtfully designed to maximize light, flow, and comfort. Oversized windows frame views of the lush greenery that surrounds the home, blurring the line between indoor serenity and outdoor beauty. Step outside into your private backyard oasis, an ideal retreat for al fresco dining, peaceful lounging, or entertaining under the golden California sun. Located within close proximity to award-winning Irvine schools, picturesque parks, scenic trails, and world-class shopping and dining, this move-in-ready gem offers an unparalleled lifestyle in one of the city’s most desirable and established communities.

Last Agent to Rent the Property

Vy Nguyen

Real Brokerage Technologies Brokerage Phone: 949-385-1717 License #02109295 Listed on: 08/09/2025

Real Brokerage Technologies

Last Renter's Agent

Vy Nguyen

Real Brokerage Technologies Brokerage Phone: 949-385-1717 License #02109295 Listed on: 08/09/2025

Real Brokerage Technologies

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,971

Year Built

  • Built in 1974

Lot Details

  • 5,170 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Garden
  • Front Yard

HOA Fees

  • $170 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Turnkey
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,663 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furniture Can Be Negotiated
  • Crown Molding
  • Cathedral Ceiling
  • Recessed Lighting
  • Formal Entry
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Laminate Flooring
  • Park or Greenbelt Views
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Listing and Financial Details

  • Security Deposit $11,000
  • 12-Month Minimum Lease Term
  • Available 8/10/25
  • Tax Lot 76
  • Tax Tract Number 8263
  • Assessor Parcel Number 45315255

Community Details

Overview

  • Parkside Association, Phone Number (800) 369-7260
  • Parkside HOA

Amenities

  • Community Barbecue Grill

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Pool
  • Community Spa
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,971

Year Built

Built in 1974

Lot Details

0

HOA Fees

$170 per month

Parking

2

Rental Info

  • Available Date: 2025-08-10
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 11000
  • Furnished: Negotiable
  • Pets Allowed: Cats OK, Dogs OK
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Fridge, Stove, Washer, Dryer, Dishwasher
  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 45315255
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1663.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Crown Molding, High Ceilings, Open Floorplan, Recessed Lighting
  • Stories: 1
  • Entry Location: Street level
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area, Family Kitchen, Dining Room, In Kitchen, In Living Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 3.31
  • Room Type: Family Room, Formal Entry, Primary Bathroom, Primary Bedroom, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Primary Bath
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • Foundation: Slab
  • View: Park/Greenbelt
  • Fence: Yes
  • Fencing: Wood
  • Pool Features: Association
  • Pool Private: No
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking Features: Garage, Garage Faces Front, Garage Door Opener, Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Water Purifier
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Garage, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pickleball, Pool, Spa/Hot Tub, Barbecue, Tennis Court(s)
  • Association Fee: 170.00
  • Association Fee Frequency: Monthly
  • Association Name: Parkside
  • Phone: (800) 369-7260
  • Senior Community: No
  • Community Features: Park, Sidewalks, Street Lights
  • Association Management: Parkside HOA

Schools

  • School District: Irvine Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Front Yard, Garden, Landscaped
  • Lot Size Sq Ft: 5170.00
  • Lot Size Acres: 0.1187

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 5170.0000 Square Feet
  • Number Of Units Total: 300

Tax Info

  • Tax Lot: 76
  • Tax Tract Number: 8263

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2023
Closed on
Mar 16, 2023
Sold by
Martelle Family 2014 Trust
Bought by
Vong Cuong Thanh and Vuong Nhi Thi
Seller's Agent
Jamie Wilkinson
Real Broker
Buyer's Agent
Vy Nguyen
Real Brokerage Technologies
List Price
$1,375,000
Sold Price
$1,405,000
Premium/Discount to List
$30,000
2.18%
Views
64
Current Estimated Value
$1,792,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,791
Avg. Annual Appreciation
10.46%
Original Mortgage
$630,000
Outstanding Balance
$612,937
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$1,179,854

Purchase Details

Closed on
Jul 29, 2014
Sold by
Martelle Scott A and Mercier Martelle Margaret
Bought by
The Martelle Family 2014 Trust

Purchase Details

Closed on
May 13, 1997
Sold by
Smith Clifton S and Smith Harold S
Bought by
Martelle Scott A and Mercier Martelle Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
8.13%

Purchase Details

Closed on
Nov 30, 1993
Sold by
Smith Evelyn S
Bought by
Smith Clifton S and Smith Harold S
Source: Public Records

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
08/24/2025 08/24/25 Rented $5,500 0.0% --
08/22/2025 08/22/25 Under Contract -- -- --
08/09/2025 08/09/25 For Rent $5,500 0.0% --
03/28/2023 03/28/23 Sold $1,405,000 +2.2% $845 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
03/06/2023 03/06/23 For Sale $1,375,000 0.0% $827 / Sq Ft
02/15/2023 02/15/23 Pending -- -- --
02/04/2023 02/04/23 For Sale $1,375,000 -- $827 / 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 $14,971 $1,461,762 $1,280,446 $181,316
2024 $14,971 $1,433,100 $1,255,339 $177,761
2023 $4,422 $422,663 $252,771 $169,892
2022 $4,340 $414,376 $247,815 $166,561
2021 $4,242 $406,251 $242,955 $163,296
2020 $4,217 $402,086 $240,464 $161,622
2019 $4,122 $394,202 $235,749 $158,453
2018 $4,046 $386,473 $231,126 $155,347
2017 $3,961 $378,896 $226,595 $152,301
2016 $3,784 $371,467 $222,152 $149,315
2015 $3,726 $365,888 $218,815 $147,073
2014 $3,653 $358,721 $214,528 $144,193
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25180143

California Regional Multiple Listing Service (CRMLS)

APN: 453-152-55