5218 Walnut Ave Unit 5 Irvine, CA 92604
Walnut Neighborhood
3
Beds
2.5
Baths
1,428
Sq Ft
$225/mo
HOA Fee
Highlights
- City Lights View
- Corner Lot
- Laundry Room
- Greentree Elementary School Rated A
- 1 Car Attached Garage
- Central Heating and Cooling System
About This Home
As of August 2018FANTASTIC AND RARE OPPORTUNITY FOR A TURNKEY 3-BEDROOM, 2.5-BATH HOME IN IRVINE FOR UNDER $700,000. Situated in a cozy community comprised of just 10 total homes, this beautiful corner unit offers a wonderful blend of pristine finishes and a great floorplan. The spacious first floor has a newly painted living room, dining room with built-in bar, stunning new floors, remodeled powder bath, and a gourmet kitchen with freshly painted cabinets, new Calacutta Quartz countertops, and new black stainless steel appliances. The second level offers 3 bedrooms including a deluxe master retreat with walk-in closet, secondary closet, and beautifully renovated bath with dual sinks and large walk-in shower. The balance of the second level includes two guest rooms, full bath, as well as a unique bonus space (additional square footage) that can be used as an office area or den. Enjoy the covered back patio with seating area along with luscious fruit trees. The end unit also allows for direct access to the adjacent grass area outside the back patio gate. The exterior of the home is dated and needs upgrading, but the HOA has plans to improve and modernize all exteriors in the near future.
Last Agent to Sell the Property
Arbor Real Estate License #01869795 Listed on: 07/12/2018
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,654
Year Built
- Built in 1980
HOA Fees
- $225 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- 2 Open Parking Spaces
Interior Spaces
- 1,428 Sq Ft Home
- 2-Story Property
- City Lights Views
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
Laundry
- Laundry Room
- Laundry in Garage
Additional Features
- 1 Common Wall
- Central Heating and Cooling System
Community Details
- 10 Units
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 10431
- Assessor Parcel Number 93713005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 12, 2018
Closed on
Jul 24, 2018
Sold by
Pettit Christopher M and Pettit Lindsay A
Bought by
Tariq Mohammad and Tariq Naila
Seller's Agent
Ryan Gunderson
Arbor Real Estate
Buyer's Agent
Gary Hansen
First Team Real Estate
List Price
$679,995
Sold Price
$660,000
Premium/Discount to List
-$19,995
-2.94%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,278
Avg. Annual Appreciation
6.49%
Purchase Details
Closed on
Oct 26, 2016
Sold by
Pettit Christopher M and Pettit Lindsay A
Bought by
Pettit Christopher M and Pettit Lindsay A
Purchase Details
Closed on
Jul 8, 2010
Sold by
Hawkinson June
Bought by
Pettit Chris
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
4.79%
Mortgage Type
New Conventional
Similar Homes in Irvine, CA
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 | $660,000 | Lawyers Title Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $450,000 | Lawyers Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $243,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $337,500 | New Conventional | |
| Previous Owner | $200,900 | Credit Line Revolving | |
| Previous Owner | $125,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/20/2023 10/20/23 | Rented | $3,595 | 0.0% | -- |
| 10/20/2023 10/20/23 | Off Market | $3,595 | -- | -- |
| 10/04/2023 10/04/23 | For Rent | $3,595 | +9.1% | -- |
| 04/21/2022 04/21/22 | Rented | $3,295 | 0.0% | -- |
| 04/20/2022 04/20/22 | Off Market | $3,295 | -- | -- |
| 04/16/2022 04/16/22 | For Rent | $3,295 | 0.0% | -- |
| 04/14/2022 04/14/22 | Off Market | $3,295 | -- | -- |
| 04/04/2022 04/04/22 | Price Changed | $3,295 | -2.9% | $2 / Sq Ft |
| 03/27/2022 03/27/22 | For Rent | $3,395 | 0.0% | -- |
| 08/27/2018 08/27/18 | Sold | $660,000 | -2.9% | $462 / Sq Ft |
| 07/19/2018 07/19/18 | Pending | -- | -- | -- |
| 07/12/2018 07/12/18 | For Sale | $679,995 | -- | $476 / Sq Ft |
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 |
|---|---|---|---|---|
| 2024 | $7,654 | $721,805 | $606,241 | $115,564 |
| 2023 | $7,456 | $707,652 | $594,353 | $113,299 |
| 2022 | $7,315 | $693,777 | $582,699 | $111,078 |
| 2021 | $7,148 | $680,174 | $571,274 | $108,900 |
| 2020 | $7,109 | $673,200 | $565,416 | $107,784 |
| 2019 | $6,951 | $660,000 | $554,329 | $105,671 |
| 2018 | $5,309 | $506,691 | $398,722 | $107,969 |
| 2017 | $5,199 | $496,756 | $390,904 | $105,852 |
| 2016 | $4,968 | $487,016 | $383,239 | $103,777 |
| 2015 | $4,840 | $479,701 | $377,482 | $102,219 |
| 2014 | $4,745 | $470,305 | $370,088 | $100,217 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2023
Jesse Pena
Up Realty Inc.
(949) 229-2292
11 Total Sales
-
L
Seller Co-Listing Agent in 2023
Leonard Hamai
Up Realty Inc.
(949) 777-5248
2 in this area
21 Total Sales
-
Buyer's Agent in 2023
Matthew Bolen
Seven Gables Real Estate
(949) 393-4557
32 Total Sales
-
Buyer's Agent in 2022
Cindy Adams
HomeSmart, Evergreen Realty
(949) 370-6486
18 Total Sales
-
R
Seller's Agent in 2018
Ryan Gunderson
Arbor Real Estate
(949) 673-3444
104 Total Sales
-
Buyer's Agent in 2018
Gary Hansen
First Team Real Estate
(714) 878-6070
41 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP18167552
APN: 937-130-05
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