NOT LISTED FOR SALE

Estimated Value: $1,359,000 - $1,478,000

3 Beds
2 Baths
1,532 Sq Ft
$937/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $960,000 $627 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $8,700/month

6 Days on Market

Highlights

  • Spa
  • No Units Above
  • Main Floor Bedroom
  • University Park Elementary Rated A
  • Wood Flooring
  • Park or Greenbelt View

About This Home

As of October 2021

Located in The Terrace community of University Park Irvine, this highly desirable end-unit, single story, 3 Bedroom, 2 Bathroom Cambridge model is rarely on the market. Positioned at the end of a cul-de-sac, with greenbelt views from almost every window of the home, this is the premier location within the community. As you enter, you feel the abundance of natural light in the living room that leads out to the private patio. White cabinets and updated countertops throughout the kitchen. Massive primary bedroom that overlooks the greenbelt with mirrored closets and additional storage closet. Guest bedroom has direct access to an atrium which is perfect for a potted garden. Updated windows, heater/air conditioning unit, and water heater. Long driveway with 2 car garage that has direct access to the home. Walking distance to the community pool, parks, shopping, and schools. Access to award-winning schools within the Irvine Unified School District.

Last Agent to Sell the Property

Jason ODonnell

O'Donnell Real Estate License #01804002 Listed on: 08/24/2021

Last Buyer's Agent

Debbie Sagorin

Coldwell Banker Realty License #01411020

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,451

Year Built

  • Built in 1974

Lot Details

  • 4,888 Sq Ft Lot
  • Property fronts a private road
  • No Units Located Below
  • 1 Common Wall
  • Cul-De-Sac
  • Corner Lot
  • Density is up to 1 Unit/Acre

HOA Fees

  • $241 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Single Garage Door
  • Driveway

Property Views

  • Park or Greenbelt
  • Neighborhood

Home Design

  • Fixer Upper
  • Planned Development
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,532 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Bathtub with Shower
  • Exhaust Fan In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • University Park Elementary School
  • Rancho San Joaquin Middle School
  • University High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Additional Features

  • Grab Bar In Bathroom
  • Spa

Listing and Financial Details

  • Tax Lot 200
  • Tax Tract Number 8261
  • Assessor Parcel Number 45316216
  • $114 per year additional tax assessments

Community Details

Overview

  • The Terrace Association, Phone Number (949) 786-0122
  • Terrace Assoc. HOA
  • Terrace Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Pool
  • Community Spa
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,451

Year Built

Built in 1974

Lot Details

0

HOA Fees

$241 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: fridge in kitchen, washer and dryer
  • Property Attached: Yes
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Terrace (TR)
  • View: Yes
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45316216
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1532.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Recessed Lighting, Wet Bar
  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: Grab Bars In Bathroom(s)
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Nook, Dining Room, In Kitchen, Separated
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 626.63
  • Room Type: All Bedrooms Down, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom
  • Spa Features: Association, Community
  • Bathroom Features: Bathtub, Shower In Tub, Closet In Bathroom, Exhaust Fan(s), Tile Counters

Exterior Features

  • Foundation: Slab
  • View: Neighborhood, Park/Greenbelt
  • Pool Features: Association, Community
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range, Electric Cooktop
  • Electric: Electricity - On Property
  • 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, Barbecue, Picnic Area
  • Association Fee: 241.00
  • Association Fee Frequency: Monthly
  • Association Name: The Terrace Association
  • Phone: 949-786-01221
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Hiking, Sidewalks
  • Association Management: Terrace Assoc.

Schools

  • School District: Irvine Unified
  • Elementary School: University Park
  • Middle School: Rancho San Joaquin
  • High School: University
  • Elementary School: University Park
  • High School: University
  • Middle Or Junior School: Rancho San Joaquin
  • Elementary School #2: UNIPAR
  • High School2: UNIVER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Cul-De-Sac
  • Lot Size Sq Ft: 4888.00
  • Lot Size Acres: 0.1122

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4888.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.12
  • Tax Lot: 200
  • Tax Tract Number: 8261
  • TaxOtherAnnualAssessmentAmount: 114.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2021
Closed on
Oct 8, 2021
Sold by
Delong Karen and The Ransom Family Trust Dated
Bought by
Chargualaf Jullyn C and Chargualaf Azadeh S
Seller's Agent
Jason ODonnell
O'Donnell Real Estate
Buyer's Agent
Debbie Sagorin
Coldwell Banker Realty
List Price
$939,000
Sold Price
$960,000
Premium/Discount to List
$21,000
2.24%
Current Estimated Value
$1,435,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$475,511
Avg. Annual Appreciation
10.53%
Original Mortgage
$758,000
Outstanding Balance
$691,225
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$744,286

Purchase Details

Closed on
Jul 16, 2021
Sold by
Ransom Valerie Eder
Bought by
Delong Karen Kay

Purchase Details

Closed on
Dec 13, 2019
Sold by
Ransom Valerie E
Bought by
Ransom Valerie E and Delong Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,089,787
Interest Rate
3.92%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 13, 2010
Sold by
Ransom Valerie E
Bought by
Ransom Valerie E and The Ransom Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2003
Sold by
Ransom Richard M and Ransom Valerie E
Bought by
Ransom Valerie E and Ransom Family Trust

Purchase Details

Closed on
Dec 20, 1985
Sold by
George Robert B and George Karen K
Bought by
Ransom Valerie E
Source: Public Records

Range of Values:

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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
Chargualaf Jullyn C $960,000 First American Title Company
Delong Karen Kay -- --
Ransom Valerie E -- Pacific Coast Title Company
Ransom Valerie E -- Accommodation
Ransom Valerie E -- Lawyers Title
Ransom Valerie E -- --
Ransom Valerie E -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chargualaf Jullyn C $758,000
Previous Owner Ransom Valerie E $1,089,787
Previous Owner Ransom Valerie E $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2021 10/15/21 Sold $960,000 +2.2% $627 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $939,000 -- $613 / 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 $10,451 $1,018,759 $899,259 $119,500
2024 $10,451 $998,784 $881,627 $117,157
2023 $10,182 $979,200 $864,340 $114,860
2022 $10,000 $960,000 $847,392 $112,608
2021 $2,297 $219,489 $116,483 $103,006
2020 $2,282 $217,239 $115,289 $101,950
2019 $2,231 $212,980 $113,029 $99,951
2018 $2,187 $208,804 $110,812 $97,992
2017 $2,140 $204,710 $108,639 $96,071
2016 $2,046 $200,697 $106,509 $94,188
2015 $2,014 $197,683 $104,909 $92,774
2014 $1,974 $193,811 $102,854 $90,957
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21187320

California Regional Multiple Listing Service (CRMLS)

APN: 453-162-16