M
Seller's Agent in 2025
Mehri Borhani
Keller Williams Realty Irvine
(949) 394-7414
13 in this area
31 Total Sales
3
Beds
2
Baths
1,398
Sq Ft
4,080
Sq Ft Lot
Highlights
- Spa
- Updated Kitchen
- Spanish Architecture
- University Park Elementary Rated A
- Main Floor Bedroom
- Park or Greenbelt View
About This Home
As of October 2025Welcome to this beautifully updated single-level open "Dover" floor plan, the second largest attached home in the highly desirable Terrace community of University Park, Irvine. This thoughtfully designed 3-bedroom, 2-bathroom end-unit offers both privacy and prime positioning—backing to lush greenbelts on two sides and featuring an oversized driveway, a 2-car garage, and adjacent guest parking.
Step inside to discover a home that has been refreshed from top to bottom: brand-new luxury vinyl plank flooring, quartz countertops in the kitchen and bathrooms, stainless steel appliances, recessed lighting, modern light fixtures, and fresh interior paint throughout. The dual-pane vinyl windows, plantation shutters, and updated blinds offer both comfort and style. The spacious living area is anchored by a welcoming central courtyard that connects the kitchen, living room, and garage—creating a bright and airy layout perfect for entertaining or quiet enjoyment.
This end-unit location not only provides unmatched privacy but also offers the potential to extend a sizable private fenced yard off the bedrooms for added outdoor living space. The quiet interior street and greenbelt setting make this an ideal home for buyers seeking peace, privacy, and nature in the heart of Irvine.
The Terrace community features two swimming pools, a clubhouse, picnic and BBQ areas, tot lots, and playgrounds—all woven into the fabric of University Park’s 47 acres of maintained greenbelts, meandering trails, and tranquil open space.
This home is perfectly situated within the award-winning University High School boundary, just minutes from UC Irvine, and a short 10-minute drive to John Wayne Airport (SNA). You'll also enjoy easy access to world-class shopping and dining, walkability to two local shopping centers, and the coastal lifestyle of Newport Beach just minutes away.
Whether you're seeking a move-in ready single-level home, an end-unit with potential for outdoor customization, or simply a peaceful residence in one of Irvine’s most established and connected neighborhoods—this is a rare opportunity you won’t want to miss.
Last Agent to Sell the Property
Keller Williams Realty Irvine Brokerage Phone: 949-394-7414 License #01361225 Listed on: 09/03/2025
Co-Listed By
Keller Williams Realty Irvine Brokerage Phone: 949-394-7414 License #02008106
Last Buyer's Agent
Keller Williams Realty Irvine Brokerage Phone: 949-394-7414 License #02008106
Home Details
Home Type
- Single Family
Year Built
- Built in 1974
Lot Details
- 4,080 Sq Ft Lot
- Corner Lot
- Front Yard
- Zero Lot Line
HOA Fees
- $294 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Parking Available
- Garage Door Opener
Home Design
- Spanish Architecture
- Entry on the 1st floor
- Turnkey
- Planned Development
- Slab Foundation
- Tile Roof
- Stucco
Interior Spaces
- 1,398 Sq Ft Home
- 1-Story Property
- Recessed Lighting
- Double Pane Windows
- Plantation Shutters
- Blinds
- Garden Windows
- Sliding Doors
- Family Room Off Kitchen
- Living Room with Fireplace
- L-Shaped Dining Room
- Vinyl Flooring
- Park or Greenbelt Views
Kitchen
- Updated Kitchen
- Open to Family Room
- Gas Oven
- Dishwasher
- Kitchen Island
- Granite Countertops
- Quartz Countertops
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Remodeled Bathroom
- Bathroom on Main Level
- 2 Full Bathrooms
- Bathtub
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Laundry in Garage
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Spa
- Enclosed Patio or Porch
- Exterior Lighting
Schools
- University Park Elementary School
- San Joaquin Middle School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 124
- Tax Tract Number 8261
- Assessor Parcel Number 45316340
- $125 per year additional tax assessments
Community Details
Overview
- Terrace Community Association, Phone Number (714) 922-3288
- Powerstone Property Management HOA
- Terrace Subdivision
Amenities
- Community Barbecue Grill
Recreation
- Sport Court
- Community Playground
- Community Pool
- Community Spa
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 3, 2025
Closed on
Sep 22, 2025
Sold by
Pace Living Trust and Pace Michael Corey
Bought by
Qian Dongmei
Seller's Agent
Mehri Borhani
Keller Williams Realty Irvine
Buyer's Agent
Behn Borhani
Keller Williams Realty Irvine
List Price
$1,375,000
Sold Price
$1,268,000
Premium/Discount to List
-$107,000
-7.78%
Views
31
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.15%
Original Mortgage
$700,000
Outstanding Balance
$699,367
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$584,264
Purchase Details
Closed on
Jun 30, 2003
Sold by
Pace Michael Corey and Pace Maureen A
Bought by
Pace Michael C and Pace Maureen A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 21, 2002
Sold by
Pace Michael Corey and Pace Maureen A
Bought by
Pace Michael C and Pace Maureen A
Purchase Details
Closed on
Dec 6, 2001
Sold by
Smith Sharyn K
Bought by
Pace Michael Corey and Pace Maureen A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.01%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,268,000 | Corinthian Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | United Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $324,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $700,000 | New Conventional | |
| Previous Owner | $143,000 | Purchase Money Mortgage | |
| Previous Owner | $140,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/17/2025 10/17/25 | Sold | $1,268,000 | -7.8% | $907 / Sq Ft |
| 09/21/2025 09/21/25 | Pending | -- | -- | -- |
| 09/03/2025 09/03/25 | For Sale | $1,375,000 | 0.0% | $984 / Sq Ft |
| 04/21/2016 04/21/16 | Rented | $2,850 | 0.0% | -- |
| 04/17/2016 04/17/16 | Under Contract | -- | -- | -- |
| 04/15/2016 04/15/16 | For Rent | $2,850 | 0.0% | -- |
| 04/13/2016 04/13/16 | Off Market | $2,850 | -- | -- |
| 04/13/2016 04/13/16 | For Rent | $2,850 | 0.0% | -- |
| 04/12/2016 04/12/16 | Off Market | $2,850 | -- | -- |
| 04/12/2016 04/12/16 | For Rent | $2,850 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $4,976 | $478,639 | $361,190 | $117,449 |
| 2024 | $4,976 | $469,254 | $354,107 | $115,147 |
| 2023 | $4,848 | $460,053 | $347,163 | $112,890 |
| 2022 | $4,761 | $451,033 | $340,356 | $110,677 |
| 2021 | $4,655 | $442,190 | $333,683 | $108,507 |
| 2020 | $4,628 | $437,656 | $330,261 | $107,395 |
| 2019 | $4,526 | $429,075 | $323,785 | $105,290 |
| 2018 | $4,445 | $420,662 | $317,436 | $103,226 |
| 2017 | $4,353 | $412,414 | $311,212 | $101,202 |
| 2016 | $4,159 | $404,328 | $305,110 | $99,218 |
| 2015 | $4,097 | $398,255 | $300,527 | $97,728 |
| 2014 | $4,017 | $390,454 | $294,640 | $95,814 |
Source: Public Records
Agents Affiliated with this Home
-
Mehri Borhani
-
Behn Borhani
Seller Co-Listing Agent in 2025
Behn Borhani
Keller Williams Realty Irvine
(949) 551-7000
14 in this area
48 Total Sales
-
Bryan Suarez
Buyer's Agent in 2016
Bryan Suarez
Anvil Real Estate
(949) 522-7502
5 in this area
79 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25194926
APN: 453-163-40
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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