NOT LISTED FOR SALE

Estimated Value: $1,113,000 - $1,269,000

2 Beds
2 Baths
1,200 Sq Ft
$971/Sq Ft Est. Value

Last Sold October 14, 2020

Last sale price $675,000 $562 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $7,021/month

7 Days on Market

Highlights

  • Spa
  • No Units Above
  • Cathedral Ceiling
  • University Park Elementary Rated A
  • Updated Kitchen
  • Main Floor Bedroom

About This Home

As of October 2020

Highly sought after single level home (no one above or below). University Park Terrace home located on the desirable South side of the 405 freeway. This property has been upgraded with new paint, wood colored plank flooring throughout, 2 1/2 inch baseboards, new kitchen counter and hardware and new stainless steel appliances. The private gated front patio of this property leads directly into a spacious family room featuring a cozy fireplace and vaulted ceilings. Immediately to your right upon entering is the hall leading to a full bath and the second bedroom lite by a wonderful window facing the bright front patio. Beyond the living room is the large country kitchen with a sliding door leading to the back patio. The kitchen features white cabinet with wonderful black hardware, a new quartz counter and large under mount sink and stainless steel appliances. The large country kitchen with direct access to the back patio offers a wonderful opportunity for the gathering family and friends. At the rear of the house is the master bedroom with a wonderful in suite bathroom and ample closets for an extensive wardrobe. The rear patio, with no one behind you, offers added privacy, a patio area for socializing and dining and a wonderful garden area with ground cover, plants and flowers. This home is served by IUSD with the assigned schools being University Elementary, Rancho San Joaquin and University HS. Conveniently located near transportation, schools, shopping and more.

Last Agent to Sell the Property

Travis Baron

Re/Max Premier Realty License #01263780 Listed on: 09/02/2020

Re/Max Premier Realty

Last Buyer's Agent

PAO WU

IRN REALTY License #01968669

IRN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,531

Year Built

  • Built in 1973

Lot Details

  • 2,940 Sq Ft Lot
  • No Units Located Below
  • Two or More Common Walls
  • Wood Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Back and Front Yard

HOA Fees

  • $234 Monthly HOA Fees

Parking

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

Home Design

  • Cottage
  • Patio Home
  • Entry on the 1st floor
  • Turnkey
  • Planned Development
  • Slab Foundation
  • Concrete Roof
  • Stucco

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Blinds
  • Window Screens
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Laminate Flooring

Kitchen

  • Updated Kitchen
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Outdoor Features

  • Spa
  • Enclosed Patio or Porch
  • Exterior Lighting

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • 220 Volts in Kitchen
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 232
  • Tax Tract Number 8261
  • Assessor Parcel Number 45316248

Community Details

Overview

  • Terrace Association, Phone Number (949) 716-3998
  • Powerstone HOA
  • Terrace Subdivision

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,531

Year Built

Built in 1973

Lot Details

0

HOA Fees

$234 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Terrace (TR)
  • View: No
  • Architectural Style: Cottage
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45316248
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1200.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s)
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Family Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 562.50
  • Room Type: All Bedrooms Down, Family Room, Main Floor Bedroom, Main Floor Master Bedroom
  • Spa Features: Association
  • Window Features: Blinds, Screens
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block, Wood
  • Patio And Porch Features: Concrete, Enclosed, Patio, Slab
  • Pool Features: Association
  • Pool Private: No
  • Roof: Concrete
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage Faces Front, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Underground Utilities
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Gas Water Heater, Microwave
  • Electric: 220 Volts in Kitchen, Electricity - On Property, Standard
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, 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: 234.00
  • Association Fee Frequency: Monthly
  • Association Name: Terrace
  • Phone: 949-716-3998
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Street Lights
  • Association Management: Powerstone

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: Back Yard, Front Yard, Patio Home, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 2940.00
  • Lot Size Acres: 0.0675

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2940.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.12
  • Tax Lot: 232
  • Tax Tract Number: 8261

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2023
Sold by
Chien Fu Tien and Chu Pao
Bought by
Tien Chien Fu And Pao Chu Wu Revocable Living
Current Estimated Value
$1,165,173

Purchase Details

Listed on
Sep 2, 2020
Closed on
Sep 11, 2020
Sold by
Mannason Martin and Mannason Mary E
Bought by
Fu Tien Chien and Wu Pao Chu
Seller's Agent
Travis Baron
Re/Max Premier Realty
Buyer's Agent
PAO WU
IRN REALTY
List Price
$685,000
Sold Price
$675,000
Premium/Discount to List
-$10,000
-1.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.49%
Original Mortgage
$505,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2020
Sold by
Mannason Martin
Bought by
Mannason Martin and Mannason Mary E

Purchase Details

Closed on
Mar 25, 2020
Sold by
Carpe Sharon and Mannason Family Trust
Bought by
Mannason Martin

Purchase Details

Closed on
Nov 20, 1995
Sold by
Mannason Alan A
Bought by
Mannason Alan A
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
Tien Chien Fu And Pao Chu Wu Revocable Living -- --
Fu Tien Chien $675,000 Orange Coast Title Company
Mannason Martin -- Accommodation
Mannason Martin -- None Available
Mannason Martin -- None Available
Mannason Alan A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fu Tien Chien $505,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2020 10/14/20 Sold $675,000 -1.5% $563 / Sq Ft
09/02/2020 09/02/20 Price Changed $685,000 0.0% $571 / Sq Ft
09/02/2020 09/02/20 For Sale $685,000 -- $571 / 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 $7,531 $730,641 $629,561 $101,080
2024 $7,531 $716,315 $617,216 $99,099
2023 $7,337 $702,270 $605,114 $97,156
2022 $7,206 $688,500 $593,249 $95,251
2021 $7,045 $675,000 $581,616 $93,384
2020 $3,304 $309,327 $204,098 $105,229
2019 $2,540 $236,006 $130,961 $105,045
2018 $2,492 $231,379 $128,393 $102,986
2017 $2,441 $226,843 $125,876 $100,967
2016 $2,334 $222,396 $123,408 $98,988
2015 $2,299 $219,056 $121,554 $97,502
2014 $2,254 $214,765 $119,172 $95,593
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20173284

California Regional Multiple Listing Service (CRMLS)

APN: 453-162-48