NOT LISTED FOR SALE

Estimated Value: $1,390,093 - $1,613,000

3 Beds
2 Baths
1,398 Sq Ft
$1,075/Sq Ft Est. Value

Last Sold October 26, 2018

Last sale price $785,000 $562 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $8,899/month

12 Days on Market

Highlights

  • Heated Pool
  • Primary Bedroom Suite
  • Open Floorplan
  • University Park Elementary Rated A
  • Updated Kitchen
  • Clubhouse

About This Home

As of October 2018

Upgraded one-story 3-bedroom home with No Mello Roos and Low HOA due in highly sought after University Park. It is a dream home for first-time buyers or people who are downsizing. It is close to supermarkets, freeways, and shopping centers. It is remodeled and freshly painted. The open floor plan design creates more interaction among family members and friends. Gated big yards provide privacy for outdoor gatherings. The brand new epoxy floor in the two-car garage has storage shelves. Substantial dual driveways can easily fit large vehicles. Professionally landscaped yards need low maintenance. Other upgrades like installed newer of AC/Heater system and re-piped with nine more years of warranty; Air Filter system; carpet; screen doors and screen windows; more closets and cabinets; sprinkler system; home security system/equipment; Asian kitchen hood; two refrigerators; and outdoor drain. The sellers also maintain the roof annually. Present offer before it is too late!

Last Agent to Sell the Property

Grace Fang

Chosen Real Estate License #01930783 Listed on: 09/27/2018

Co-Listed By

Ray Liao

Chosen Real Estate License #01930784

Last Buyer's Agent

Grace Fang

Chosen Real Estate License #01930783 Listed on: 09/27/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,928

Year Built

  • Built in 1973

Lot Details

  • 4,730 Sq Ft Lot
  • Brick Fence
  • Corner Lot
  • Sprinklers Throughout Yard
  • Back and Front Yard
  • Density is 6-10 Units/Acre
  • Zero Lot Line

HOA Fees

  • $209 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door

Property Views

  • Meadow
  • Neighborhood
  • Courtyard

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Brick Exterior Construction
  • Slab Foundation
  • Fire Rated Drywall
  • Tile Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 1,398 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Recessed Lighting
  • Double Pane Windows
  • Window Screens
  • Double Door Entry
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Electric Oven
  • Built-In Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Dressing Area
  • Mirrored Closets Doors
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • No Interior Steps
  • More Than Two Accessible Exits
  • Ramp on the main level

Pool

  • Heated Pool
  • Spa

Outdoor Features

  • Outdoor Storage
  • Rain Gutters

Location

  • Suburban Location

Schools

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

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • Water Purifier

Listing and Financial Details

  • Tax Lot 230
  • Tax Tract Number 8261
  • Assessor Parcel Number 45316246

Community Details

Overview

  • Master Insurance
  • Terrace Community Association, Phone Number (949) 716-3998
  • Greenbelt

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Clubhouse
  • Meeting Room

Recreation

  • Community Playground
  • Community Pool
  • Community Spa
  • Jogging Track

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,928

Year Built

Built in 1973

Lot Details

0

HOA Fees

$209 per month

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: (949)232-4737
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Terrace (TR)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45316246
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1398.00 Square Feet
  • Interior Amenities: Built-in Features, Crown Molding, Granite Counters, Open Floorplan, Recessed Lighting, Storage
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Accessibility Features: 2+ Access Exits, No Interior Steps, Ramp - Main Level
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Double Door Entry, Mirror Closet Door(s), Sliding Doors
  • Eating Area: Breakfast Nook, Family Kitchen, Dining Room, Separated
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 561.52
  • Room Type: All Bedrooms Down, Dressing Area, Entry, Foyer, Great Room, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite
  • Spa Features: Association
  • Window Features: Double Pane Windows, Screens
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Exhaust Fan(s), Granite Counters, Remodeled, Upgraded, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Foundation: Slab
  • Other Structures: Storage
  • Exterior Features: Rain Gutters
  • View: Courtyard, Meadow, Neighborhood
  • Fence: Yes
  • Fencing: Brick
  • Pool Features: Association, Heated
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Brick, Concrete, Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Oven, Disposal, Refrigerator, Water Purifier
  • Electric: 220 Volts in Garage, 220 Volts in Kitchen, Electricity - On Property, Standard
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Gas & Electric Dryer Hookup, In Garage, Inside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Playground, Jogging Track, Clubhouse, Meeting Room, Insurance, Dues Paid Monthly, Call for Rules
  • Association Fee: 209.00
  • Association Fee Frequency: Monthly
  • Association Name: Terrace Community Association
  • Phone: (949)716-3998
  • Senior Community: No
  • Community Features: Gutters, Suburban

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Back Yard, Corner Lot, Front Yard, Greenbelt, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Manual, Sprinklers On Side, Zero Lot Line
  • Lot Size Sq Ft: 4730.00

Multi Family

  • Lease Considered: Yes
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.12
  • Tax Lot: 230
  • Tax Tract Number: 8261

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2018
Closed on
Oct 16, 2018
Sold by
Li Daqing and Ma Xiaojie
Bought by
Sampath Rajesh and Laxmanan Menagka
Seller's Agent
Grace Fang
Chosen Real Estate
Buyer's Agent
Grace Fang
Chosen Real Estate
List Price
$779,000
Sold Price
$785,000
Premium/Discount to List
$6,000
0.77%
Current Estimated Value
$1,503,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$718,273
Avg. Annual Appreciation
9.74%
Original Mortgage
$628,000
Outstanding Balance
$548,819
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$954,454

Purchase Details

Listed on
Jun 9, 2015
Closed on
Jun 10, 2015
Sold by
Ansari Mohamadreza and Kardan Mahvash
Bought by
Li Daqing and Ma Xiaojie
Seller's Agent
Grace Fang
Chosen Real Estate
Buyer's Agent
Grace Fang
Chosen Real Estate
List Price
$695,000
Sold Price
$695,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.70%

Purchase Details

Closed on
Jun 11, 2007
Sold by
Kardan Mahvash
Bought by
Ansari Mohamadreza and Kardan Mahvash
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
Sampath Rajesh $785,000 First American Title Co
Li Daqing $695,000 First American Title
Ansari Mohamadreza -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sampath Rajesh $628,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2018 10/26/18 Sold $785,000 +0.8% $562 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
09/27/2018 09/27/18 For Sale $779,000 +12.1% $557 / Sq Ft
06/23/2015 06/23/15 Sold $695,000 0.0% $499 / Sq Ft View Prior Sale
06/08/2015 06/08/15 Pending -- -- --
06/07/2015 06/07/15 For Sale $695,000 -- $499 / 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 $8,928 $875,680 $762,479 $113,201
2024 $8,928 $858,510 $747,528 $110,982
2023 $8,697 $841,677 $732,871 $108,806
2022 $8,540 $825,174 $718,501 $106,673
2021 $8,349 $808,995 $704,413 $104,582
2020 $8,301 $800,700 $697,190 $103,510
2019 $8,131 $785,000 $683,519 $101,481
2018 $7,678 $734,103 $636,488 $97,615
2017 $7,520 $719,709 $624,008 $95,701
2016 $7,182 $705,598 $611,773 $93,825
2015 $2,935 $282,494 $172,815 $109,679
2014 -- $276,961 $169,430 $107,531
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18235368

California Regional Multiple Listing Service (CRMLS)

APN: 453-162-46