NOT LISTED FOR SALE

Estimated Value: $1,116,011 - $1,462,000

2 Beds
2 Baths
1,224 Sq Ft
$1,027/Sq Ft Est. Value

Last Sold December 17, 2015

Last sale price $515,000 $421 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $7,369/month

59 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Cathedral Ceiling
  • University Park Elementary Rated A
  • Clubhouse
  • Park or Greenbelt View

About This Home

As of December 2015

One-level home-ALL BEDROOMS on FIRST FLOOR-in prestigious community of The Terrace in 92612 (University HS district) in Irvine! Great interior tract location - 2 bedrooms, 2 bathrooms, kitchen opens up into living/dining rooms (which is a great room) w/cathedral scraped ceiling. Recessed lights. Light & bright. Windows up top-makes it even brighter. French doors lead to back view-patio, lovely fireplace surround. This home has attached 2-car garage, gated courtyard in front & great patio out back w/lovely view of spacious greenbelt-tranquil living at its best! It's got a metal roof (not original) This home is in need of TLC - your imagination is all you need to make this your dream home. ONE LEVEL HOME IS HARD TO FIND these days. Includes pools, spa, clubhouse, on-site mgmt co. Blt by Standard Pacific Homes in UNIVERSITY PARK. The bones are great-needs some flooring, paint & attention to detail so you can make this a terrific home. Cosmetic fixer-low assoc dues $200, no Mello-Roos, walking distance to middle school. Close to Spectrum, 405 freeway. Once cosmetics have been made, can rent approximately $2600++ per month for you investors. Needs some TLC-there is an unpermitted loft.

Last Agent to Sell the Property

Jaci Woods

Seven Gables Real Estate License #01261744 Listed on: 07/07/2015

Seven Gables Real Estate

Co-Listed By

Vincent Mazure

Vince Mazure, Broker License #00829548

Last Buyer's Agent

Vincent Mazure

Vince Mazure, Broker License #00829548

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,304

Year Built

  • Built in 1974

Lot Details

  • 3,049 Sq Ft Lot
  • Block Wall Fence
  • No Landscaping
  • Paved or Partially Paved Lot
  • Back Yard

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Side by Side Parking
  • Two Garage Doors
  • Driveway

Home Design

  • Entry on the 1st floor
  • Fixer Upper
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,224 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Recessed Lighting
  • French Doors
  • Entryway
  • Great Room
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Loft
  • Park or Greenbelt Views

Kitchen

  • Breakfast Bar
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • In Ground Pool
  • Heated Spa
  • Fence Around Pool

Outdoor Features

  • Slab Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Additional Features

  • No Interior Steps
  • No Heating

Listing and Financial Details

  • Tax Lot 184
  • Tax Tract Number 8261
  • Assessor Parcel Number 45316453

Community Details

Overview

  • Terrace Association, Phone Number (949) 716-3998
  • Built by Standard Pacific

Amenities

  • Clubhouse
  • Meeting Room

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,304

Year Built

Built in 1974

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Terrace (TR)
  • View: Yes
  • Architectural Style: Ranch
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45316453
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1224.00
  • Interior Amenities: Cathedral Ceiling(s), Granite Counters, Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Accessibility Features: No Interior Steps
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Dining Ell
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 420.75
  • Room Type: All Bedrooms Down, Entry, Great Room, Loft, Main Floor Bedroom, Main Floor Master Bedroom
  • Spa Features: Association, Heated

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Park/Greenbelt
  • Fence: Yes
  • Fencing: Block
  • Builder Name: Standard Pacific
  • Patio And Porch Features: Concrete, Patio, Slab
  • Pool Features: Association, Community, Fenced, In Ground
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Side by Side, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: No
  • Laundry: Yes
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Dues Paid Monthly, Meeting Room, Pet Rules, Pool, Spa/Hot Tub
  • Association Fee: 200.00
  • Association Fee Frequency: Monthly
  • Association Name: Terrace
  • Phone: 949-716-3998
  • Senior Community: No
  • Community Features: Curbs, Gutters, Street Lights

Schools

  • School District: Irvine Unified

Lot Info

  • Lot Features: Back Yard, No Landscaping, Paved
  • Lot Size Sq Ft: 3049.00
  • Price Per Lot Square Foot: 168.91
  • Lot Size Acres: 0.0700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3049.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 184
  • Tax Tract Number: 8261

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2016
Sold by
Mani Senthilkumar
Bought by
Mani Senthilkumar and Subramanian Sharmila
Current Estimated Value
$1,256,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,300
Outstanding Balance
$393,486
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$863,267

Purchase Details

Listed on
Jul 7, 2015
Closed on
Dec 4, 2015
Sold by
The Terrace Community Association
Bought by
Mani Senthilkumar
Seller's Agent
Jaci Woods
Seven Gables Real Estate
Buyer's Agent
Vincent Mazure
Vince Mazure, Broker
List Price
$650,000
Sold Price
$515,000
Premium/Discount to List
-$135,000
-20.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.47%
Original Mortgage
$493,487
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 7, 2015
Closed on
Dec 1, 2015
Sold by
Subramanian Sharmila
Bought by
Mani Senthilkumar
Seller's Agent
Jaci Woods
Seven Gables Real Estate
Buyer's Agent
Vincent Mazure
Vince Mazure, Broker
List Price
$650,000
Sold Price
$515,000
Premium/Discount to List
-$135,000
-20.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,487
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 22, 2014
Sold by
Moogan Annette
Bought by
The Terrace Community Association

Purchase Details

Closed on
Dec 16, 2009
Sold by
Moogan Terry
Bought by
Moogan Annette

Purchase Details

Closed on
Jul 27, 2005
Sold by
Moogan Annette M
Bought by
Moogan Terry P and Moogan Annette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,250
Interest Rate
5.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2003
Sold by
Moogan Terry P
Bought by
Moogan Annette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.17%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 20, 2003
Sold by
Macknight Lisa
Bought by
Moogan Terry P and Moogan Annette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.17%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 29, 1997
Sold by
Kathleen Richards
Bought by
Macknight Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,750
Interest Rate
7.45%

Purchase Details

Closed on
Jul 12, 1994
Sold by
Richards Kathleen C
Bought by
Richards Kathleen C
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mani Senthilkumar -- Lawyers Title Company
Mani Senthilkumar $515,000 Fatco
Mani Senthilkumar -- Fatco
The Terrace Community Association $25,156 First American Title Ins Co
Moogan Annette -- None Available
Moogan Terry P -- Multiple
Moogan Annette M -- --
Moogan Terry P $435,000 Fidelity National Title
Macknight Lisa $176,000 Guardian Title Company
Richards Kathleen C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mani Senthilkumar $487,300
Closed Mani Senthilkumar $493,487
Previous Owner Moogan Terry P $416,250
Previous Owner Moogan Terry P $285,000
Previous Owner Macknight Lisa $140,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2015 12/17/15 Sold $515,000 -6.4% $421 / Sq Ft
09/04/2015 09/04/15 Pending -- -- --
08/12/2015 08/12/15 Price Changed $550,000 -12.8% $449 / Sq Ft
08/05/2015 08/05/15 Price Changed $630,500 -3.0% $515 / Sq Ft
07/07/2015 07/07/15 For Sale $650,000 -- $531 / 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 $6,304 $609,652 $507,705 $101,947
2024 $6,304 $597,699 $497,750 $99,949
2023 $6,142 $585,980 $487,990 $97,990
2022 $6,032 $574,491 $478,422 $96,069
2021 $5,898 $563,227 $469,041 $94,186
2020 $5,864 $557,452 $464,231 $93,221
2019 $5,735 $546,522 $455,128 $91,394
2018 $5,633 $535,806 $446,204 $89,602
2017 $5,517 $525,300 $437,454 $87,846
2016 $5,270 $515,000 $428,876 $86,124
2015 $5,549 $543,000 $456,876 $86,124
2014 $5,162 $504,522 $418,962 $85,560
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15148540

California Regional Multiple Listing Service (CRMLS)

APN: 453-164-53