NOT LISTED FOR SALE

Estimated Value: $1,397,186 - $1,466,000

3 Beds
2 Baths
1,532 Sq Ft
$931/Sq Ft Est. Value

Last Sold November 14, 2022

Last sale price $1,070,000 $698 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $8,649/month

35 Days on Market

Highlights

  • Community Pool
  • 2 Car Attached Garage
  • Views
  • University Park Elementary Rated A
  • Bathtub
  • Community Playground

About This Home

As of November 2022

Stunning 3 bedroom 2 bath home available in the famous Irvine California. The Terrace community features lush green belts, playground, and community pool for the family to enjoy. The home has lots of natural lighting to showcase the hardwood style flooring throughout. The kitchen has stunning quartz counters and stainless steel appliances. The bedrooms have massive windows with beautiful wooden blinds. The master bedroom has a multi room private bathroom and direct access to the patio. The garage is attached and can fit 2 cars. The driveway is huge for your guests as well as plenty of street parking. The wide open backyard accentuated by lovely flower patches is perfect for hosting barbecues. This home is conveniently located near shopping, golf courses, and 405 freeway. The award winning school districts as well as UCI are highly nationally ranked. This is one of the best residential areas in the world.

Last Agent to Sell the Property

Shelly Han

T.N.G. Real Estate Consultants License #01846738 Listed on: 09/16/2022

T.N.G. Real Estate Consultants

Last Buyer's Agent

Harshavardhan Atmakur

FIRST FEDERAL BANCORP License #02161546

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Lot Details

  • 5,200 Sq Ft Lot
  • Density is up to 1 Unit/Acre

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Planned Development

Interior Spaces

  • 1,532 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Property Views

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 8261
  • Assessor Parcel Number 45316423
  • $115 per year additional tax assessments

Community Details

Overview

  • Terrace Community Association, Phone Number (949) 786-1221
  • Power Stone HOA
  • Terrace Subdivision

Amenities

  • Picnic Area

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Terrace
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45316423
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1532.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 698.43
  • Room Type: All Bedrooms Down, Master Bathroom, Master Bedroom
  • Bathroom Features: Bathtub, Shower

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Picnic Area, Playground
  • Association Fee: 250.00
  • Association Fee Frequency: Monthly
  • Association Name: Terrace Community Association
  • Phone: 949-786-1221
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks
  • Association Management: Power Stone

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5200.00
  • Lot Size Acres: 0.1194

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5200.0000 Square Feet
  • Number Of Units Total: 502

Tax Info

  • Tax Census Tract: 626.51
  • Tax Lot: 23
  • Tax Tract Number: 8261
  • TaxOtherAnnualAssessmentAmount: 115.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Oct 24, 2022
Sold by
2007 Chang Family Trust
Bought by
Koyali Satish Kumar and Chetti Kalyani
Seller's Agent
Shelly Han
T.N.G. Real Estate Consultants
Buyer's Agent
Harshavardhan Atmakur
FIRST FEDERAL BANCORP
List Price
$1,190,000
Sold Price
$1,070,000
Premium/Discount to List
-$120,000
-10.08%
Views
19
Current Estimated Value
$1,427,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,047
Avg. Annual Appreciation
9.60%
Original Mortgage
$800,000
Outstanding Balance
$768,254
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$658,793

Purchase Details

Listed on
Nov 1, 2020
Closed on
Nov 17, 2020
Sold by
Chang Tae S
Bought by
Chang Tae S and 2007 Chang Family Trust
Seller's Agent
Rob Udell
RE/MAX Premier Realty
Buyer's Agent
Rhonda James
Bankers Investment Group Inc.
Sold Price
$3,200

Purchase Details

Listed on
Aug 21, 2020
Closed on
Aug 25, 2020
Sold by
Lacount Leslie Bass and The Leslie Bass Lacount Living
Bought by
Chang Tae S
Seller's Agent
Rob Udell
RE/MAX Premier Realty
Buyer's Agent
Shelly Han
T.N.G. Real Estate Consultants
List Price
$828,800
Sold Price
$836,000
Premium/Discount to List
$7,200
0.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.53%

Purchase Details

Closed on
Oct 11, 2012
Sold by
Lacount Leslie Bass
Bought by
Leslie Bass Lacount Living Trust

Purchase Details

Closed on
Jul 12, 2001
Sold by
Lacount Leslie B
Bought by
Lacount Leslie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.09%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 21, 1998
Sold by
Lacount Stephen Herbert
Bought by
Lacount Leslie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.9%

Purchase Details

Closed on
Jun 15, 1998
Sold by
Lawrence Franks and Lawrence Lara
Bought by
Lacount Leslie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.9%

Purchase Details

Closed on
May 2, 1994
Sold by
Weiss Gene
Bought by
Franks Lawrence W and Franks Lara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.75%
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
Koyali Satish Kumar $1,070,000 California Best Title
Chang Tae S -- None Available
Chang Tae S $836,000 First American Title Company
Leslie Bass Lacount Living Trust -- None Available
Lacount Leslie B -- First American Title Ins Co
Lacount Leslie B -- First Southwestern Title Co
Lacount Leslie B $255,000 First Southwestern Title Co
Franks Lawrence W $200,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koyali Satish Kumar $800,000
Previous Owner Lacount Leslie B $50,000
Previous Owner Lacount Leslie B $155,000
Previous Owner Franks Lawrence W $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2022 11/14/22 Sold $1,070,000 -6.9% $698 / Sq Ft
10/08/2022 10/08/22 Price Changed $1,149,000 -4.2% $750 / Sq Ft
09/16/2022 09/16/22 Price Changed $1,199,000 +0.8% $783 / Sq Ft
09/16/2022 09/16/22 For Sale $1,190,000 0.0% $777 / Sq Ft
11/24/2020 11/24/20 Rented $3,200 -5.9% --
11/23/2020 11/23/20 Under Contract -- -- --
11/01/2020 11/01/20 For Rent $3,400 0.0% --
09/03/2020 09/03/20 Sold $836,000 +0.9% $546 / Sq Ft View Prior Sale
08/23/2020 08/23/20 For Sale $828,800 -0.9% $541 / Sq Ft
08/23/2020 08/23/20 Off Market $836,000 -- --
08/21/2020 08/21/20 For Sale $828,800 -- $541 / 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 $11,336 $1,113,228 $998,802 $114,426
2024 $11,336 $1,091,400 $979,217 $112,183
2023 $11,043 $1,070,000 $960,016 $109,984
2022 $8,896 $852,720 $746,321 $106,399
2021 $8,698 $836,000 $731,687 $104,313
2020 $3,812 $365,528 $258,623 $106,905
2019 $3,727 $358,361 $253,552 $104,809
2018 $3,658 $351,335 $248,581 $102,754
2017 $3,580 $344,447 $243,707 $100,740
2016 $3,420 $337,694 $238,929 $98,765
2015 $3,368 $332,622 $235,340 $97,282
2014 $3,301 $326,107 $230,730 $95,377
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22203259

California Regional Multiple Listing Service (CRMLS)

APN: 453-164-23