NOT LISTED FOR SALE

Estimated Value: $1,181,000 - $1,322,000

2 Beds
2 Baths
1,224 Sq Ft
$1,006/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $815,000 $666 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $7,494/month

13 Days on Market

Highlights

  • Heated In Ground Pool
  • Property is near a clubhouse
  • Corian Countertops
  • University Park Elementary Rated A
  • Cathedral Ceiling
  • Plantation Shutters

About This Home

As of July 2021

Prime Irvine home located in the community of The Terraces, in the heart of University Park. Rarely do these homes come on the market! Quaint tree lined street, greenbelts, beautiful landscaping throughout. Single level two bedroom two bath floor plan, with attached oversized two car garage including custom built-in cabinetry. Interior features include cathedral ceilings, tons of natural light, the kitchen opens to the dining/living area with a cozy fireplace. Recent improvements include new vinyl plank flooring, new interior paint, upgraded baths with new fixtures including new glass shower doors. Spacious sunny patio off the living room, relax and enjoy the wonderful green belt right out your back door. Less than a block to the pool, spa and community amenities. Located in the University Park school district, a 5 minute drive to UCI, shopping, restaurants and shopping. Nice floor plan in an ideal location.

Last Agent to Sell the Property

Joan Trout

Compass License #00578819 Listed on: 06/02/2021

Compass

Last Buyer's Agent

Jaci Woods

Seven Gables Real Estate License #01261744

Seven Gables Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,891

Year Built

  • Built in 1973

Lot Details

  • 3,052 Sq Ft Lot
  • Fenced
  • Fence is in average condition
  • Front and Back Yard Sprinklers
  • Density is up to 1 Unit/Acre

HOA Fees

  • $241 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener

Home Design

  • Planned Development
  • Slab Foundation
  • Common Roof
  • Stucco

Interior Spaces

  • 1,224 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Plantation Shutters
  • Sliding Doors
  • Living Room with Fireplace
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Built-In Range
  • Dishwasher
  • Corian Countertops
  • Laminate Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Open Patio
  • Front Porch

Location

  • Property is near a clubhouse

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Tax Lot 189
  • Tax Tract Number 8261
  • Assessor Parcel Number 45316205

Community Details

Overview

  • Powerstone Association, Phone Number (949) 372-4015
  • Terrace Subdivision

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,891

Year Built

Built in 1973

Lot Details

0

HOA Fees

$241 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: 9492934631
  • Other Phone Number: 9492934631
  • Property Attached: Yes
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Terrace (TR)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45316205
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1224.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Laminate Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Area
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 665.85
  • Room Type: Kitchen, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet
  • Spa Features: Association
  • Window Features: Plantation Shutters
  • Bathroom Features: Shower, Shower In Tub, Exhaust Fan(s)
  • Room Kitchen Features: Corian Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Average Condition
  • Patio And Porch Features: Patio Open, Front Porch, Rear Porch
  • Pool Features: Association, Heated, In Ground
  • Pool Private: No
  • Roof: Common Roof
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Oven, Electric Range, Disposal, Water Heater
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 241.00
  • Association Fee Frequency: Monthly
  • Association Name: Powerstone
  • Phone: 949-372-4015
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks
  • Association Management: Powerstone

Schools

  • School District: Irvine Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Close to Clubhouse, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 3052.00
  • Lot Size Acres: 0.0701

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3052.0000 Square Feet
  • Number Of Units In Community: 50
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.12
  • Tax Lot: 189
  • Tax Tract Number: 8261

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Jun 22, 2021
Sold by
Mccreary Michele Kay and The Kathleen K Rider Trust
Bought by
Kim Hyung Seok and Lee Hee Ju
Seller's Agent
Joan Trout
Compass
Buyer's Agent
Jaci Woods
Seven Gables Real Estate
List Price
$785,000
Sold Price
$815,000
Premium/Discount to List
$30,000
3.82%
Current Estimated Value
$1,231,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,893
Avg. Annual Appreciation
10.16%
Original Mortgage
$592,000
Outstanding Balance
$535,982
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$695,911

Purchase Details

Closed on
Sep 11, 2007
Sold by
Rider Kathleen
Bought by
Rider Kathleen K Kopp and The Kathleen K Rider Trust

Purchase Details

Closed on
Mar 2, 2007
Sold by
Rider George
Bought by
Rider Kathleen

Purchase Details

Closed on
Feb 27, 2007
Sold by
Russell Frances Lee
Bought by
Rider Kathleen

Purchase Details

Closed on
Nov 4, 1994
Sold by
Pastrone Joseph A and Pastrone John
Bought by
Russell Frances Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,400
Interest Rate
6.25%
Source: Public Records

Range of Values:

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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
Kim Hyung Seok $815,000 First American Title Company
Rider Kathleen K Kopp -- None Available
Rider Kathleen -- Equity Title Company
Rider Kathleen $565,000 Equity Title Company
Russell Frances Lee $172,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Hyung Seok $592,000
Previous Owner Russell Frances Lee $163,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2021 07/15/21 Sold $815,000 +3.8% $666 / Sq Ft
06/02/2021 06/02/21 For Sale $785,000 -- $641 / 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 $8,891 $864,884 $767,015 $97,869
2024 $8,891 $847,926 $751,976 $95,950
2023 $8,663 $831,300 $737,231 $94,069
2022 $8,508 $815,000 $722,775 $92,225
2021 $7,223 $699,325 $579,341 $119,984
2020 $7,181 $692,155 $573,401 $118,754
2019 $7,021 $678,584 $562,158 $116,426
2018 $6,896 $665,279 $551,135 $114,144
2017 $6,008 $580,000 $483,056 $96,944
2016 $5,392 $534,164 $437,220 $96,944
2015 $5,390 $534,164 $437,220 $96,944
2014 $5,389 $534,164 $437,220 $96,944
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP21119073

California Regional Multiple Listing Service (CRMLS)

APN: 453-162-05