NOT LISTED FOR SALE

505 Rockefeller Irvine, CA 92612

University Park and Town Center Neighborhood

Estimated Value: $874,000 - $1,047,000

1 Bed
1.5 Baths
1,426 Sq Ft
$688/Sq Ft Est. Value

Last Sold December 29, 2017

Last sale price $600,000 $421 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $6,198/month

19 Days on Market

Highlights

  • Fitness Center
  • No Units Above
  • All Bedrooms Downstairs
  • Spa
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of December 2017

LUXURIOUS LIVING IN CENTRAL PARK WEST * PRIVATE LOCATION * TOWNHOME WITH NO ONE ABOVE OR BELOW * LIGHT & BRIGHT THROUGHOUT WITH HIGH CEILINGS & OPEN FLOOR PLAN * INTERIOR IS METICULOUSLY DESIGNED WITH POSH ELEGANZA® ANTICHO TIMBER WOOD GRAIN TILE FLOORING, KENNETH COLE® DRAPERIES, CUSTOM DUNN EDWARDS® DECEMBER-SKY PAINT WITH ACCENT WALL IN GREY-WOLF & ADJUSTABLE LIGHTING * INTIMATE LIVING ROOM BOASTS AN IMPOSING TWO-STORY CEILING, OVER-SIZED WINDOWS & A HUGE WALL FOR LARGE TV, THE PERFECT SETTING FOR A HOME THEATER * DINING ROOM IS ADORNED W/ west elm® RECTANGLE HANGING CAPIZ CHANDELIER * THE WELL-APPOINTED GOURMET KITCHEN FEATURES AN AUTUMN BLUSH CABINETRY, GRANITE COUNTER TOPS, STAINLESS STEEL GE® APPLIANCES, BREAKFAST BAR & ROOM FOR A KITCHEN ISLAND * LUXURIOUS MASTER SUITE FEATURES A MASSIVE BEDROOM W/ 10 FT CEILING, EN SUITE MASTER BATHROOM W/ SPACIOUS SHOWER, DUAL VANITIES W/ GRANITE COUNTER & LARGE WALK-IN CLOSET * INDIVIDUAL LAUNDRY CLOSET IN KITCHEN, AWAY FROM SLEEPING ROOM * PLENTY OF STORAGE AREAS IN HOME & IN GARAGE * ATTACHED 2-CAR GARAGE * AMAZING COMMUNITY AMENITIES INCLUDE CLUBHOUSE, JR. OLYMPIC POOL, SPA, BBQ PAVILION, AN EXTENSIVELY EQUIPPED GYM W/ MATRIX® (2017 BRAND OF THE YEAR) WORKOUT SYSTEMS & PRIVATE EXERCISE STUDIOS, MULTI-PURPOSE RECREATION ROOMS, BANQUET KITCHEN, OUTDOOR ENTERTAINING AREA, OUTDOOR SEATING W/ FIREPLACE & MUCH MORE! * CONVENIENT ACCESS TO SHOPPING, FREEWAYS & FINE DINING. * THIS IS URBAN LIVING AT ITS BEST! COME AND MAKE IT YOURS!

Last Agent to Sell the Property

Winnie Leung

Winmark Premier Real Estate License #01220216 Listed on: 11/08/2017

Winmark Premier Real Estate

Last Buyer's Agent

Shang Liu

Blue Pacific Property License #02041611

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2013

Lot Details

  • 650 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls

HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Garage Door Opener

Home Design

  • Modern Architecture
  • Turnkey

Interior Spaces

  • 1,426 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Two Story Ceilings
  • Recessed Lighting
  • Double Pane Windows
  • Drapes & Rods
  • Living Room
  • Dining Room
  • Storage
  • Tile Flooring
  • Neighborhood Views

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Bedrooms Down
  • Primary Bedroom Suite
  • Walk-In Closet
  • Upgraded Bathroom
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Spa
  • Balcony
  • Exterior Lighting

Location

  • Property is near a clubhouse

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 16989
  • Assessor Parcel Number 93024386

Community Details

Overview

  • 117 Units
  • The Townes At Cpw Assoc. Association, Phone Number (949) 448-6000
  • Central Park West Assoc. Association, Phone Number (949) 679-3971
  • Maintained Community

Amenities

  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Banquet Facilities
  • Recreation Room

Recreation

  • Sport Court
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Service

Townhouse Details

Home Type

Townhome

Year Built

Built in 2013

Lot Details

0

HOA Fees

$350 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Madison (CPWMD)
  • View: Yes
  • Architectural Style: Modern
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 93024386
  • Year Built: 2013
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1426.00 Square Feet
  • Interior Amenities: Balcony, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, Storage, Two Story Ceilings
  • Stories: 3
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 420.76
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Master Suite, Walk-In Closet
  • Spa Features: Association
  • Window Features: Double Pane Windows, Drapes
  • Bathroom Features: Shower, Closet In Bathroom, Double Sinks In Master Bath, Exhaust Fan(s), Granite Counters, Upgraded
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: Neighborhood
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Water Line to Refrigerator
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, In Kitchen, Individual Room, Washer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: CENTRAL PARK WEST ASSOC.
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Picnic Area, Sport Court, Gym/Ex Room, Clubhouse, Banquet Facilities, Recreation Room, Maintenance Grounds, Dues Paid Monthly, Security
  • Association Fee: 200.00
  • Association #2 Fee: 150.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: THE TOWNES AT CPW ASSOC.
  • Phone: 9494486000
  • Association Phone #2: 9496793971
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Close to Clubhouse
  • Lot Size Sq Ft: 650.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 117
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.10
  • Tax Lot: 10
  • Tax Tract Number: 16989

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2017
Closed on
Nov 29, 2017
Sold by
Nazem Arshia
Bought by
Mitchell Ian
Seller's Agent
Winnie Leung
Winmark Premier Real Estate
Buyer's Agent
Shang Liu
Blue Pacific Property
List Price
$600,000
Sold Price
$600,000
Current Estimated Value
$980,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,933
Avg. Annual Appreciation
6.33%
Original Mortgage
$290,000
Outstanding Balance
$244,218
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$736,715

Purchase Details

Closed on
Feb 12, 2016
Sold by
Nazem Arshia and Naraghi Azita
Bought by
Nazem Arshia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2014
Sold by
Lennar Homes Of California Inc
Bought by
City Of Irvine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,390
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mitchell Ian $600,000 Lawyers Title Co
Nazem Arshia -- None Available
City Of Irvine $436,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Ian $290,000
Previous Owner Nazem Arshia $388,000
Previous Owner City Of Irvine $392,390
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2017 12/29/17 Sold $600,000 0.0% $421 / Sq Ft
11/27/2017 11/27/17 Pending -- -- --
11/08/2017 11/08/17 For Sale $600,000 -- $421 / 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 $8,508 $682,696 $441,395 $241,301
2024 $8,508 $669,310 $432,740 $236,570
2023 $8,326 $656,187 $424,255 $231,932
2022 $8,374 $643,321 $415,936 $227,385
2021 $8,201 $630,707 $407,780 $222,927
2020 $8,588 $624,240 $403,598 $220,642
2019 $8,428 $612,000 $395,684 $216,316
2018 $8,671 $600,000 $387,925 $212,075
2017 $7,258 $460,511 $230,182 $230,329
2016 $7,283 $451,482 $225,669 $225,813
2015 $7,162 $444,701 $222,279 $222,422
2014 $5,549 $301,326 $129,597 $171,729
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2017

    Winnie Leung

    Winmark Premier Real Estate

    Section Image

  • S

    Buyer's Agent in 2017

    Shang Liu

    Blue Pacific Property

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17254231

California Regional Multiple Listing Service (CRMLS)

APN: 930-243-86

California Orange County Irvine 92612 University Park and Town Center

505 Rockefeller, Irvine, CA

Not Listed for Sale

Townhouses

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