NOT LISTED FOR SALE

Estimated Value: $1,170,000 - $1,211,702

2 Beds
2 Baths
1,224 Sq Ft
$975/Sq Ft Est. Value

Last Sold March 13, 2024

Last sale price $1,050,000 $858 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $7,469/month

27 Days on Market

Highlights

  • Spa
  • No Units Above
  • Updated Kitchen
  • University Park Elementary Rated A
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of March 2024

Experience single-story luxury in this stunning home located in the sought-after Terrace community of University Park. Nestled in an ideal cul-de-sac location, this coveted 2-bed, 2-bath residence spans 1,224 sq.ft.

Enjoy an open floor plan with high vaulted ceilings and skylights in the Great room. The remodeled kitchen features quartz countertops, full backsplash, soft-closing cabinets, recessed lighting, and stainless steel appliances. Both bedrooms offer stylish upgrades, with the primary suite featuring a walk-in shower and spacious closet.

Entertain in the charming patio with an orange tree, accessible from the sliding door near the fireplace in the Great room. Additional highlights include newer AC & Furnace, roof, tankless water heater, and updated windows & sliding doors.

Terrace HOA provides access to a sparkling pool and spa. Conveniently located minutes from schools, parks, UC Irvine, Fashion Island, and John Wayne Airport. Zoned for top-rated Irvine Unified schools, including University High School. Welcome to your new home!

Last Agent to Sell the Property

Min Seo

Redfin Brokerage Phone: 949-407-9568 License #01915127 Listed on: 01/25/2024

Redfin

Co-Listed By

Ginger Huetsch

Redfin Brokerage Phone: 949-407-9568 License #01901143

Last Buyer's Agent

Ava Huang

Keller Williams Realty Irvine License #01959336

Keller Williams Realty Irvine

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,619

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • 3,192 Sq Ft Lot
  • No Units Located Below
  • Two or More Common Walls
  • Cul-De-Sac

HOA Fees

  • $274 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Planned Development
  • Slab Foundation

Interior Spaces

  • 1,224 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Track Lighting
  • Double Pane Windows
  • Sliding Doors
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Mirrored Closets Doors
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Spa
  • Patio
  • Exterior Lighting
  • Front Porch

Schools

  • University Park Elementary School
  • Rancho San Joaquin Middle School
  • University High School

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 34
  • Tax Tract Number 8261
  • Assessor Parcel Number 45316434
  • $122 per year additional tax assessments

Community Details

Overview

  • Terrace Community Association, Phone Number (949) 716-3998
  • Powerstone Property Management HOA
  • Terrace Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,619

Year Built

Built in 1974 | Remodeled

Lot Details

0

HOA Fees

$274 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Refrigerator, washer, dryer
  • Property Attached: Yes
  • Subdivision Name Other: Terrace (TR)
  • View: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45316434
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1224.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Quartz Counters, Recessed Lighting, Track Lighting
  • Stories: 1
  • Entry Location: front door
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Tile, Wood
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Eating Area: Area, In Living Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 857.84
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Suite, Walk-In Closet
  • Spa Features: Association, Community
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower, Shower In Tub, Granite Counters, Walk-In Shower
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Neighborhood
  • Patio And Porch Features: Patio, Front Porch
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Front
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Electric Cooktop, Disposal, Range Hood, Refrigerator, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Clubhouse, Maintenance Grounds
  • Association Fee: 274.00
  • Association Fee Frequency: Monthly
  • Association Name: Terrace Community Association
  • Phone: 949-716-3998
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Park, Sidewalks, Street Lights
  • Association Management: Powerstone Property Management

Schools

  • School District: Irvine Unified
  • Elementary School: University Park
  • Middle School: Rancho San Joaquin
  • High School: University
  • Elementary School: University Park
  • High School: University
  • Middle Or Junior School: Rancho San Joaquin
  • Elementary School #2: UNIPAR
  • High School2: UNIVER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 3192.00
  • Lot Size Acres: 0.0733

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3192.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.51
  • Tax Lot: 34
  • Tax Tract Number: 8261
  • TaxOtherAnnualAssessmentAmount: 122.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2024
Closed on
Feb 22, 2024
Sold by
Linda Tyner Living Trust
Bought by
Lin Qi and Fu Yintao
Seller's Agent
Min Seo
Redfin
Buyer's Agent
Ava Huang
Keller Williams Realty Irvine
List Price
$1,095,000
Sold Price
$1,050,000
Premium/Discount to List
-$45,000
-4.11%
Views
108
Current Estimated Value
$1,193,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,676
Avg. Annual Appreciation
8.24%
Original Mortgage
$840,000
Outstanding Balance
$825,211
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$368,465

Purchase Details

Closed on
Jul 23, 2015
Sold by
Tyner Linda M
Bought by
Tyner Linda and The Linda Tyner Living Trust

Purchase Details

Closed on
Apr 3, 2002
Sold by
Chapo Teresa
Bought by
Tyner Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,050
Interest Rate
7.08%

Purchase Details

Closed on
Mar 19, 2001
Sold by
Mennuti Salvatore A
Bought by
Mennuti Salvatore A and Chapo Teresa
Source: Public Records

Range of Values:

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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
Lin Qi $1,050,000 Lawyers Title
Tyner Linda -- None Available
Tyner Linda M $299,000 First American Title Co
Mennuti Salvatore A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Qi $840,000
Previous Owner Tyner Linda M $284,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2024 03/13/24 Sold $1,050,000 -1.9% $858 / Sq Ft
02/21/2024 02/21/24 Pending -- -- --
02/16/2024 02/16/24 Price Changed $1,070,000 -2.3% $874 / Sq Ft
01/25/2024 01/25/24 For Sale $1,095,000 -- $895 / 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 $10,619 $1,071,000 $959,321 $111,679
2024 $10,619 $1,015,000 $912,320 $102,680
2023 $4,412 $424,550 $321,847 $102,703
2022 $4,331 $416,226 $315,536 $100,690
2021 $4,233 $408,065 $309,349 $98,716
2020 $4,208 $403,881 $306,177 $97,704
2019 $4,114 $395,962 $300,173 $95,789
2018 $4,038 $388,199 $294,288 $93,911
2017 $3,953 $380,588 $288,518 $92,070
2016 $3,776 $373,126 $282,861 $90,265
2015 $3,718 $367,522 $278,612 $88,910
2014 $3,645 $360,323 $273,154 $87,169
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24014542

California Regional Multiple Listing Service (CRMLS)

APN: 453-164-34