NOT LISTED FOR SALE

Estimated Value: $1,126,764 - $1,232,000

2 Beds
2 Baths
1,224 Sq Ft
$972/Sq Ft Est. Value

Last Sold August 02, 2018

Last sale price $700,000 $572 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $7,097/month

48 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Clubhouse
  • University Park Elementary Rated A
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of August 2018

Light and bright single family home located in a quiet location within the popular Terrace Community of University Park. This comfortable home features 2 bedrooms and 2 baths in approximately 1224 square feet. Home was recently painted and has a new roof, remodeled master bath, walk-in closet, crown molding, wood design porcelain tile flooring in entry and living areas, tile counters in kitchen, and remodeled fireplace. The cathedral ceilings and open floor plan make the living and dining areas open and airy. Sit and enjoy your morning coffee on the cozy patio adjacent to the living room. Meandering walkways and tree-lined greenbelts give this community its character and appeal, in addition to two pools and Jacuzzis, a recently remodeled clubhouse, barbecue area and two tot lots with new play equipment. Located in the highly acclaimed Irvine Unified School District, within close proximity to the 405 freeway, golf and shopping.

Last Agent to Sell the Property

Marsha Marks

Berkshire Hathaway HomeService License #01750263 Listed on: 05/15/2018

Co-Listed By

Barry Marks

Berkshire Hathaway HomeService License #00907470

Last Buyer's Agent

Carm Gullo

CFG Investments License #00682186

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • 3,049 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Front Yard Sprinklers
  • Private Yard
  • Back Yard

HOA Fees

  • $209 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,224 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Cathedral Ceiling
  • Recessed Lighting
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • L-Shaped Dining Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Upgraded Bathroom
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Enclosed Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 28
  • Tax Tract Number 26007
  • Assessor Parcel Number 45316428

Community Details

Overview

  • Terrace Community Association, Phone Number (949) 786-1221
  • Built by Stanard Pacific
  • Cardiff

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Year Built

Built in 1974 | Remodeled

Lot Details

0

HOA Fees

$209 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Terrace (TR)
  • View: No
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45316428
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1224.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Crown Molding, Open Floorplan, Recessed Lighting, Tile Counters
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Ell
  • Fireplace Features: Living Room, Gas Starter
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 571.90
  • Room Type: All Bedrooms Down, Living Room, Main Floor Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Association
  • Bathroom Features: Bathtub, Upgraded, Walk-In Shower
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wood
  • Builder Name: Stanard Pacific
  • Patio And Porch Features: Concrete, Enclosed
  • Pool Features: Association
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Microwave
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Playground, Clubhouse, Pet Rules, Management
  • Association Fee: 209.00
  • Association Fee Frequency: Monthly
  • Association Name: Terrace Community
  • Phone: 949-786-1221
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • 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: Back Yard, Landscaped, Sprinklers In Front, Yard
  • Lot Size Sq Ft: 3049.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.12
  • Tax Lot: 28
  • Tax Model: B
  • Tax Tract Number: 26007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2018
Closed on
Jul 23, 2018
Sold by
Mitchell Lesley A and Pickering Georgina L
Bought by
Hsieh Robert Y and Hsieh Doris C
Seller's Agent
Marsha Marks
Berkshire Hathaway HomeService
Buyer's Agent
Carm Gullo
CFG Investments
List Price
$710,000
Sold Price
$700,000
Premium/Discount to List
-$10,000
-1.41%
Current Estimated Value
$1,190,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$490,191
Avg. Annual Appreciation
7.41%
Original Mortgage
$525,000
Outstanding Balance
$454,991
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$735,200

Purchase Details

Closed on
Jul 25, 2017
Sold by
Mitchell Lesley A and Pickering Georgina L
Bought by
Pickering Georgina L and Mitchell Lesley A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
Hsieh Robert Y $700,000 California Title Co
Pickering Georgina L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hsieh Robert Y $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2018 08/02/18 Sold $700,000 -1.4% $572 / Sq Ft
07/10/2018 07/10/18 For Sale $710,000 0.0% $580 / Sq Ft
06/18/2018 06/18/18 Pending -- -- --
05/01/2018 05/01/18 For Sale $710,000 -- $580 / 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 $8,040 $780,861 $682,144 $98,717
2024 $8,040 $765,550 $668,768 $96,782
2023 $7,833 $750,540 $655,655 $94,885
2022 $7,693 $735,824 $642,799 $93,025
2021 $7,521 $721,397 $630,196 $91,201
2020 $7,479 $714,000 $623,734 $90,266
2019 $7,314 $700,000 $611,503 $88,497
2018 $1,845 $175,634 $91,515 $84,119
2017 $1,805 $172,191 $89,721 $82,470
2016 $1,726 $168,815 $87,962 $80,853
2015 $1,699 $166,280 $86,641 $79,639
2014 $1,665 $163,023 $84,944 $78,079
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18112721

California Regional Multiple Listing Service (CRMLS)

APN: 453-164-28