NOT LISTED FOR SALE

Estimated Value: $2,278,000 - $2,597,000

4 Beds
3.5 Baths
2,889 Sq Ft
$855/Sq Ft Est. Value

Last Sold May 21, 2018

Last sale price $1,325,000 $459 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $15,101/month

23 Days on Market

Highlights

  • Open Floorplan
  • Main Floor Bedroom
  • High Ceiling
  • Cypress Village Elementary Rated A
  • Spanish Architecture
  • 4-minute walk to Cypress Grove Park

About This Home

As of May 2018

Venture inside this beautiful and luxurious Mediterranean style home. Newly built in 2013, 55 Gardenhouse Way is situated in Cypress Village, one of Irvine's most prestigious communities and in one of its finest neighborhoods, Magnolia. With nearly 2,900 sqft of living space, this 4 bedroom home is how today's modern family wants to live. Enjoy the harmonious Feng Shui layout which invites positive flowing energy from room to room. Magnificently upgraded structurally with amenities including interior/exterior design features such as a 2nd additional "Wok" style kitchen, whole house insulation between floors and internal walls, and upstairs loft tech-center area. This gorgeous home features a highly desirable downstairs Junior bedroom suite, luxurious tile flooring downstairs and ultra-premium designer carpet upstairs. Rediscover cooking in the Chef inspired kitchen with upgraded stainless steel appliances, Cesarstone counter-top, and artfully crafted cabinetry. Landscaping upgrades in the back patio include Custom built waterfall and accent lighting. 55 Gardenhouse Way is perfectly located and adjacent to 2 large open field parks, 2 playgrounds, 2 community pools, and the prestigious Cypress Village Elementary and Jeffrey Trails Middle School. Live in Luxury!

Last Agent to Sell the Property

Michael Mei

Keller Williams Realty Irvine License #01921223 Listed on: 03/13/2018

Keller Williams Realty Irvine

Last Buyer's Agent

Jin Zhang

Meta Realty Inc. License #01882323

Meta Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,336

Year Built

  • Built in 2013

Lot Details

  • 3,746 Sq Ft Lot
  • Block Wall Fence
  • Landscaped

HOA Fees

  • $135 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Side by Side Parking
  • Garage Door Opener
  • Shared Driveway

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Turnkey
  • Spanish Tile Roof

Interior Spaces

  • 2,889 Sq Ft Home
  • Open Floorplan
  • Wired For Data
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Plantation Shutters
  • Drapes & Rods
  • Sliding Doors
  • Formal Entry
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Home Office
  • Carbon Monoxide Detectors

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Six Burner Stove
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas And Electric Dryer Hookup

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment

Outdoor Features

  • Open Patio
  • Exterior Lighting

Utilities

  • High Efficiency Air Conditioning
  • Forced Air Zoned Heating and Cooling System
  • High Efficiency Heating System
  • Tankless Water Heater
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 10468215

Community Details

Overview

  • Cypress Village Association

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,336

Year Built

Built in 2013

Lot Details

0

HOA Fees

$135 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s)
  • Subdivision Name Other: MAGNOLIA (CVMAG)
  • View: No
  • Architectural Style: Mediterranean, Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 10468215
  • Year Built: 2013
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2889.00 Square Feet
  • Interior Amenities: Built-in Features, Crown Molding, High Ceilings, Open Floorplan, Recessed Lighting, Wired for Data
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 458.64
  • Room Type: Family Room, Formal Entry, Great Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Office, Walk-In Closet
  • Window Features: Double Pane Windows, Drapes, Plantation Shutters
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Patio, Patio Open
  • Pool Features: Association, Community
  • Pool Private: No
  • Roof: Spanish Tile

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Paved, Garage, Garage Faces Front, Garage Door Opener, Shared Driveway, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, ENERGY STAR Qualified Appliances, Disposal, Gas Cooktop, High Efficiency Water Heater, Microwave, Tankless Water Heater
  • Heating Type: Central, Zoned, High Efficiency
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned, Energy Star Qualified Equipment, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 135.00
  • Association Fee Frequency: Monthly
  • Association Name: Cypress Village
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Irvine Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 3746.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 524.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2018
Closed on
Apr 6, 2018
Sold by
Mak Chi Fai and Chuk Siu Ha
Bought by
Cai Xuehai and Wang Hui
Seller's Agent
Michael Mei
Keller Williams Realty Irvine
Buyer's Agent
Jin Zhang
Meta Realty Inc.
List Price
$1,349,888
Sold Price
$1,325,000
Premium/Discount to List
-$24,888
-1.84%
Current Estimated Value
$2,471,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,146,055
Avg. Annual Appreciation
9.09%
Original Mortgage
$927,500
Outstanding Balance
$779,892
Interest Rate
3.43%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,718,858

Purchase Details

Closed on
Dec 29, 2015
Sold by
Mak Chi Fai and Chuk Siu Ha
Bought by
Mak & Chuk Family Trust

Purchase Details

Listed on
Feb 22, 2014
Closed on
Jan 16, 2014
Sold by
Mak Chi Fai and Chuk Siu Ha
Bought by
Machuk Llc
Seller's Agent
ChiFai Mak
Diamond Oak Realty
Buyer's Agent
ChiFai Mak
Diamond Oak Realty
Sold Price
$4,250

Purchase Details

Closed on
Oct 9, 2013
Sold by
Irvine Pacific L P
Bought by
Mak Chi Fai and Chuk Siu Ha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.04%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Cai Xuehai $1,325,000 Lawyers Title
Mak & Chuk Family Trust -- None Available
Mak Chi Fai -- None Available
Machuk Llc -- None Available
Mak Chi Fai -- None Available
Mak Chi Fai $1,046,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cai Xuehai $927,500
Previous Owner Mak Chi Fai $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2018 05/21/18 Sold $1,325,000 -1.8% $459 / Sq Ft
04/05/2018 04/05/18 Pending -- -- --
03/13/2018 03/13/18 For Sale $1,349,888 0.0% $467 / Sq Ft
02/26/2014 02/26/14 Rented $4,250 -0.7% --
01/27/2014 01/27/14 Under Contract -- -- --
12/27/2013 12/27/13 For Rent $4,280 -- --
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 $18,336 $1,507,622 $887,801 $619,821
2024 $18,336 $1,478,061 $870,393 $607,668
2023 $17,978 $1,449,080 $853,327 $595,753
2022 $17,671 $1,420,667 $836,595 $584,072
2021 $17,376 $1,392,811 $820,191 $572,620
2020 $17,226 $1,378,530 $811,781 $566,749
2019 $17,098 $1,351,500 $795,863 $555,637
2018 $15,060 $1,127,062 $609,348 $517,714
2017 $15,271 $1,104,963 $597,400 $507,563
2016 $14,805 $1,083,298 $585,687 $497,611
2015 $14,638 $1,067,026 $576,889 $490,137
2014 $12,528 $1,046,125 $565,589 $480,536
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18057730

California Regional Multiple Listing Service (CRMLS)

APN: 104-682-15