NOT LISTED FOR SALE

512 Luminous Irvine, CA 92603

Quail Hill Neighborhood

Estimated Value: $3,571,534 - $4,239,000

6 Beds
5.5 Baths
3,817 Sq Ft
$1,031/Sq Ft Est. Value

Last Sold November 13, 2017

Last sale price $2,270,000 $595 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $23,365/month

51 Days on Market

Highlights

  • Pier
  • Fitness Center
  • Panoramic View
  • Alderwood Elementary Rated A
  • Spa
  • Open Floorplan

About This Home

As of November 2017

NEWLY RENOVATED 6 bedroom home ideally located at the top street in prestigious Quail Hill neighborhood! Breathtaking panoramic city & mountain views for miles! This Richmond American home offers the best value for luxury home in the area with over 3,800 sqft. of space. Tastefully upgraded home boasts an open floor plan with a formal entry,new light oak flooring downstairs, large downstairs bedroom with private full bath, and exclusive guest casita with spacious walk-in closet, full bath & shower. Chef's gourmet kitchen includes first-class stainless steel appliances, 6 burner stove, granite island with shelving below. Grand master bedroom retreat features extra room or private den and balcony overlooking the neighborhood. Master bath includes custom upgraded counter tops, double sinks, walk-in shower, and a separate spa-like jetted tub and his and hers master walk in closets. Entertain guests in the backyard with a built in gazebo, BBQ range, and gas fireplace. Additional features include recessed lighting, plantation shutters, 2 car garage, and designer crafted cabinetry system in formal dining room. Home is ideally located within award winning Irvine Unified School District. Enjoy the 5 parks, 3 Quail Hill community pools, upscale fitness center, and hiking/biking trails. Only minutes from Quail Hill Shopping Center, Starbucks, Laguna Beach, freeway entrances, Irvine Spectrum, and John Wayne Airport. Welcome to the perfect home in the perfect community!

Last Agent to Sell the Property

Rachel & Doug Swardstrom Group

Coldwell Banker Realty License #01907305 Listed on: 08/12/2017

Coldwell Banker Realty

Last Buyer's Agent

Kevin Aaronson

Keller Williams Realty License #01259966

Keller Williams Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 5,358 Sq Ft Lot
  • Cul-De-Sac
  • Wrought Iron Fence
  • Brick Fence
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Sprinklers Throughout Yard
  • Back and Front Yard

HOA Fees

  • $234 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Spanish Architecture
  • Turnkey
  • Slab Foundation
  • Spanish Tile Roof

Interior Spaces

  • 3,817 Sq Ft Home
  • Open Floorplan
  • Wired For Sound
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Plantation Shutters
  • French Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Home Office
  • Bonus Room

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Retreat
  • Walk-In Closet
  • Granite Bathroom Countertops
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Spa
  • Pier
  • Balcony
  • Patio
  • Outdoor Fireplace
  • Exterior Lighting
  • Outdoor Grill
  • Wrap Around Porch

Location

  • Property is near park
  • Suburban Location

Schools

  • Alderwood Elementary School
  • Rancho San Juaquin Middle School
  • University High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Central Water Heater

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 16177
  • Assessor Parcel Number 48109509

Community Details

Overview

  • Quail Hill Community Association, Phone Number (949) 581-4988
  • Foothills
  • Property is near a preserve or public land

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

HOA Fees

$234 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Vicara (VICA)
  • View: Yes
  • Architectural Style: Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 48109509
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3817.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Ceiling Fan(s), Granite Counters, Open Floorplan, Pantry, Recessed Lighting, Wired for Sound
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Eating Area: Dining Room, In Kitchen, Separated
  • Fireplace Features: Family Room, Outside, Gas
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 594.71
  • Room Type: Bonus Room, Den, Entry, Family Room, Foyer, Kitchen, Laundry, Living Room, Office, Retreat, Separate Family Room, Walk-In Closet
  • Spa Features: Association
  • Window Features: Plantation Shutters
  • Bathroom Features: Bathtub, Granite Counters, Walk-In Shower

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Barbecue Private, Lighting, Pier
  • View: City Lights, Hills, Mountain(s), Neighborhood, Panoramic
  • Fence: Yes
  • Fencing: Brick, Wrought Iron
  • Patio And Porch Features: Brick, Enclosed, Rear Porch, Stone, Wrap Around
  • Pool Features: Association
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

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

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Convection Oven, Disposal, Gas Range, Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Refrigerator, Water Heater Central
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s), Sport Court, Biking Trails, Hiking Trails, Gym/Ex Room, Clubhouse, Utilities, Dues Paid Monthly
  • Association Fee: 234.00
  • Association Fee Frequency: Monthly
  • Association Name: Quail Hill Community Association
  • Phone: 9495814988
  • Senior Community: No
  • Community Features: Curbs, Foothills, Preserve/Public Land, Sidewalks, Street Lights, Suburban

Schools

  • Elementary School: Alderwood
  • High School: University
  • Middle Or Junior School: Rancho San Juaquin
  • Elementary School #2: ALDERW
  • High School2: UNIVER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Landscaped, Level with Street, Rectangular Lot, Park Nearby, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer
  • Lot Size Sq Ft: 5358.00

Multi Family

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

Tax Info

  • Tax Census Tract: 626.04
  • Tax Lot: 9
  • Tax Tract Number: 16177

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2017
Closed on
Oct 2, 2017
Sold by
Yan Qing and Chen Jing
Bought by
Payandeh Faramarz and Alsafar Newsha
Seller's Agent
Rachel & Doug Swardstrom Group
Coldwell Banker Realty
Buyer's Agent
Kevin Aaronson
Keller Williams Realty
List Price
$2,298,000
Sold Price
$2,270,000
Premium/Discount to List
-$28,000
-1.22%
Current Estimated Value
$3,934,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,664,884
Avg. Annual Appreciation
7.00%
Original Mortgage
$1,400,000
Outstanding Balance
$1,169,708
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$2,765,176

Purchase Details

Closed on
Sep 15, 2005
Sold by
Richmond American Homes California Inc
Bought by
Yan Qing and Chen Jing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Payandeh Faramarz $2,270,000 Equity Title
Yan Qing $1,837,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payandeh Faramarz $1,400,000
Previous Owner Yan Qing $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2017 11/13/17 Sold $2,270,000 -1.2% $595 / Sq Ft
10/02/2017 10/02/17 Pending -- -- --
08/12/2017 08/12/17 For Sale $2,298,000 -- $602 / 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 $30,908 $2,582,870 $1,822,842 $760,028
2024 $30,908 $2,532,226 $1,787,100 $745,126
2023 $30,260 $2,482,575 $1,752,059 $730,516
2022 $29,740 $2,433,898 $1,717,705 $716,193
2021 $29,216 $2,386,175 $1,684,025 $702,150
2020 $28,854 $2,361,708 $1,666,757 $694,951
2019 $28,351 $2,315,400 $1,634,075 $681,325
2018 $27,849 $2,270,000 $1,602,034 $667,966
2017 $25,939 $2,085,000 $1,452,759 $632,241
2016 $25,901 $2,085,000 $1,452,759 $632,241
2015 $25,912 $2,085,000 $1,495,258 $589,742
2014 $24,485 $1,928,000 $1,338,258 $589,742
Source: Public Records

Agents Affiliated with this Home

  • Kevin Aaronson

    Buyer's Agent in 2017

    Kevin Aaronson

    Keller Williams Realty

    (949) 279-1644

    58 Total Sales

    Kevin Aaronson
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17184900

California Regional Multiple Listing Service (CRMLS)

APN: 481-095-09

California Orange County Irvine 92603 Quail Hill

512 Luminous, Irvine, CA

Not Listed for Sale

Detached

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