NOT LISTED FOR SALE

Estimated Value: $1,418,760 - $1,590,000

3 Beds
2 Baths
1,539 Sq Ft
$981/Sq Ft Est. Value

Last Sold September 11, 2014

Last sale price $630,000 $409 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $8,760/month

179 Days on Market

Highlights

  • Private Pool
  • All Bedrooms Downstairs
  • Contemporary Architecture
  • University Park Elementary Rated A
  • Clubhouse
  • Cathedral Ceiling

About This Home

As of September 2014

Price Reduced !!! Bring an offer Seller Motivated,,This is a wonderful opportunity to own a single level home in the Terrace community in the University Park area of Irvine. It’s the largest model, a Cambridge, 1,539 square feet 3 bedrooms and 2 bathrooms, attached 2 car garage on a cul-de-sac. Large kitchen with nook and formal dining room, large living room with wood-burning fireplace and high ceilings. The home has an abundance of natural light throughout. There are 2 outdoor private enclosed flagstone patios. One is located off one of the bedrooms and the larger patio is off the living room and dining room area for enjoyable outdoor entertaining. There are all newer windows and patio doors throughout, tankless water-heater, scrapped ceilings, plantation shutters, recessed lights. Inside Laundry room with Washer/Dryer. The association fees are low, no Mello-Roos fees. Located in the community are two pools and spa with a clubhouse, playground, walking trails and open greenbelt areas. The home is located within the Irvine School district for University Elementary, San Joaquin Jr. High School, University High School. UCI and Irvine Valley Community College campuses are located close. Shopping and freeway access close by.

Last Agent to Sell the Property

Ken Hanzlik

Compass License #01904189 Listed on: 01/23/2014

Compass

Last Buyer's Agent

Christopher Riebe

Re/Max Premier Realty License #01920795

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,727

Year Built

  • Built in 1974

Lot Details

  • 4,792 Sq Ft Lot
  • Cul-De-Sac
  • Northwest Facing Home
  • Block Wall Fence

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,539 Sq Ft Home
  • Cathedral Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • French Doors
  • Living Room with Fireplace
  • Dining Room
  • Park or Greenbelt Views
  • Home Security System
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Electric Oven
  • Electric Cooktop

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Stone Porch or Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 65
  • Tax Tract Number 8261
  • Assessor Parcel Number 45316323

Community Details

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Additional Features

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,727

Year Built

Built in 1974

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Washer,Dryer, Refrigerator
  • Other Phone Description: 949-338-1666
  • Property Attached: Yes
  • Security: Security System
  • Subdivision Name Other: Terrace (TR)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45316323
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1539.00
  • Interior Amenities: Cathedral Ceiling(s), Recessed Lighting
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 409.36
  • Room Type: All Bedrooms Down
  • Spa Features: Association
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Direction Faces: Northwest
  • Foundation: Slab
  • View: Park/Greenbelt
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Stone
  • Pool Features: Association, Community
  • Pool Private: Yes
  • Roof: Asphalt
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range, Electric Cooktop
  • Heating Type: Central
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Playground, Pool, Spa/Hot Tub
  • Association Fee: 200.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Irvine Unified

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 4792.00
  • Lot Size Acres: 0.1100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4792.0000 Square Feet
  • Number Of Units In Community: 507
  • Number Of Units Total: 507

Tax Info

  • Tax Lot: 65
  • Tax Tract Number: 8261

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2014
Sold by
Landis Judith A
Bought by
Lowry Dennis James and Lowry Beverley Rhea
Current Estimated Value
$1,509,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2004
Sold by
Landis Judith A
Bought by
Landis Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 1997
Sold by
Landis Judith A
Bought by
Schneider Michael E and Landis Judith E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,850
Interest Rate
7.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 1997
Sold by
Schneider Michael E
Bought by
Landis Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,850
Interest Rate
7.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 1997
Sold by
Schneider Carlita P
Bought by
Landis Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,850
Interest Rate
7.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 1997
Sold by
Knipe Susan J
Bought by
Landis Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,850
Interest Rate
7.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 1997
Sold by
Knipe Daniel W
Bought by
Landis Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,850
Interest Rate
7.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Lowry Dennis James $630,000 Ticor Title
Landis Judith A -- Chicago Title
Landis Judith A -- Chicago Title
Schneider Michael E -- Commonwealth Land Title
Landis Judith A $40,500 Commonwealth Land Title
Landis Judith A -- Commonwealth Land Title
Landis Judith A $40,500 Commonwealth Land Title
Landis Judith A -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lowry Dennis James $230,000
Previous Owner Landis Judith A $250,000
Previous Owner Landis Judith A $147,850
Previous Owner Landis Judith A $147,850
Previous Owner Landis Judith A $147,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2014 09/11/14 Sold $630,000 -2.9% $409 / Sq Ft
07/21/2014 07/21/14 Pending -- -- --
05/19/2014 05/19/14 Price Changed $649,000 -3.0% $422 / Sq Ft
03/20/2014 03/20/14 Price Changed $669,000 -2.9% $435 / Sq Ft
01/23/2014 01/23/14 For Sale $689,000 -- $448 / 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 $7,727 $757,161 $639,626 $117,535
2024 $7,727 $742,315 $627,084 $115,231
2023 $7,527 $727,760 $614,788 $112,972
2022 $7,391 $713,491 $602,734 $110,757
2021 $7,225 $699,501 $590,915 $108,586
2020 $7,183 $692,329 $584,856 $107,473
2019 $7,023 $678,754 $573,388 $105,366
2018 $6,898 $665,446 $562,146 $103,300
2017 $6,754 $652,399 $551,124 $101,275
2016 $6,450 $639,607 $540,317 $99,290
2015 $6,352 $630,000 $532,201 $97,799
2014 $2,620 $258,246 $159,871 $98,375
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG14021049

California Regional Multiple Listing Service (CRMLS)

APN: 453-163-23