Seller's Agent in 2024
Jeffrey Caughren
Compass
(714) 797-6151
53 in this area
71 Total Sales
Estimated Value: $1,516,000 - $1,622,000
3
Beds
3
Baths
2,290
Sq Ft
$515/mo
HOA Fee
Highlights
- Fitness Center
- No Units Above
- Panoramic View
- Filtered Pool
- Primary Bedroom Suite
- Open Floorplan
About This Home
As of July 2024Welcome to 59 Gramercy, located in the heart of the Irvine Financial District. This striking townhouse-style Manhattan Plan 2 is positioned in a premier private location featuring scenic views and offers the optimal indoor/outdoor living experience. Boasting approximately 2290 square feet this highly sought-after floor plan offers three bedrooms three full baths and a loft/den, which can be utilized as a home office or a cozy reading nook that adds an extra layer of versatility to this already impressive property. Inside discover open and airy living spaces highlighted by high volume ceilings, recessed lighting, upgraded flooring, designer paint, automated window treatments, custom chandelier and much more. This contemporary masterpiece is spectacular, the entire home has been thoughtfully designed. The chef inspired kitchen includes a large island with white quartz countertops, full custom glass tile backsplash, modern cabinetry and stainless steel appliances. This kitchen is sure to inspire your culinary adventures. Featuring a multitude of windows that allows natural light to flood the open-concept living area, creating a warm and inviting ambiance. The outdoor wrap-around deck captures Irvine Financial District's cityscape and park views. Central Park West offers resort-style amenities that include two separate resort-style swimming pools, resort-style clubhouse, state-of-the-art fitness center, yoga studio, outdoor spas, large multi-purpose room, lounge with bar and fireplace, catering kitchen, outdoor barbecue areas and outdoor entertaining terrace with large fireplace, pickleball court, sports court, tot lot, landscaped paseos and mini-parks. Beyond Central Park West, you'll find yourself just a short distance away from fine dining establishments, high-end shopping options, cultural attractions and the breathtaking Orange County beaches. Whether you're in the mood for a gourmet meal, a shopping spree, or a day basking in the sun by the ocean, this location has it all. Convenient to UCI, Fashion Island Newport Beach, John Wayne Airport, Diamond Jamboree and pristine OC beaches.
Last Agent to Sell the Property
Compass Brokerage Phone: 714-797-6151 License #01936762 Listed on: 04/15/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $16,737
Year Built
- Built in 2014
Lot Details
- No Units Above
- Two or More Common Walls
- Landscaped
HOA Fees
Parking
- 2 Car Direct Access Garage
- Parking Available
- Rear-Facing Garage
- Tandem Garage
- Single Garage Door
- Controlled Entrance
Property Views
- Panoramic
- City Lights
- Woods
- Park or Greenbelt
- Pool
- Neighborhood
Home Design
- Contemporary Architecture
- Modern Architecture
- Turnkey
- Planned Development
Interior Spaces
- 2,290 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Furnished
- Two Story Ceilings
- Recessed Lighting
- Blinds
- Family Room Off Kitchen
- Living Room with Attached Deck
- Combination Dining and Living Room
- Loft
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Walk-In Pantry
- Self-Cleaning Convection Oven
- Gas Oven
- Six Burner Stove
- Built-In Range
- Range Hood
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Kitchen Island
- Granite Countertops
- Quartz Countertops
- Pots and Pans Drawers
- Disposal
Flooring
- Carpet
- Stone
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom on Main
- Primary Bedroom Suite
- Multi-Level Bedroom
- Walk-In Closet
- Bathroom on Main Level
- 3 Full Bathrooms
- Stone Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Bathtub with Shower
- Walk-in Shower
- Exhaust Fan In Bathroom
- Linen Closet In Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Pool
- Filtered Pool
- Heated In Ground Pool
- Heated Spa
- Gunite Pool
- Gunite Spa
- Fence Around Pool
Outdoor Features
- Living Room Balcony
- Patio
- Exterior Lighting
- Rain Gutters
- Wrap Around Porch
Location
- Property is near a clubhouse
- Property is near a park
- Urban Location
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- Underground Utilities
- Tankless Water Heater
- Gas Water Heater
Listing and Financial Details
- Tax Lot 20
- Tax Tract Number 16989
- Assessor Parcel Number 93024727
- $2,127 per year additional tax assessments
Community Details
Overview
- 64 Units
- The Townes Association, Phone Number (949) 536-3133
- First Service Residential Association, Phone Number (949) 679-3971
- Seabreeze HOA
- Built by LENNAR HOMES
- Manhatten Subdivision
Amenities
- Outdoor Cooking Area
- Community Barbecue Grill
- Picnic Area
- Clubhouse
- Banquet Facilities
Recreation
- Pickleball Courts
- Sport Court
- Fitness Center
- Community Pool
- Community Spa
- Park
Pet Policy
- Pet Restriction
Security
- Resident Manager or Management On Site
- Controlled Access
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 15, 2024
Closed on
Jul 17, 2024
Sold by
Scally Family Trust and Scally Michael Paul
Bought by
Chen Yu-Lin and Su Wei Szu
Seller's Agent
Jeffrey Caughren
Compass
Buyer's Agent
Lily Yu
Keller Williams Realty Irvine
List Price
$1,675,000
Sold Price
$1,580,000
Premium/Discount to List
-$95,000
-5.67%
Views
116
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
$7,918
Avg. Annual Appreciation
1.73%
Original Mortgage
$948,000
Outstanding Balance
$941,352
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$669,933
Purchase Details
Closed on
Jan 18, 2024
Sold by
Scally Family Trust
Bought by
Scally Family Trust and Scally
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4%
Mortgage Type
Credit Line Revolving
Purchase Details
Listed on
Jul 7, 2022
Closed on
Aug 16, 2022
Sold by
Vk Raman And Vijaya K Raman Revocable Li
Bought by
Scally Family Trust
Seller's Agent
Jeffrey Caughren
Compass
Buyer's Agent
Nila Marfori
Solomon's Realtors, Inc.
List Price
$1,425,000
Sold Price
$1,305,000
Premium/Discount to List
-$120,000
-8.42%
Views
7
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
Original Mortgage
$647,200
Interest Rate
4.26%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 28, 2014
Sold by
Lennar Homes Of California Inc
Bought by
The V K Raman & Vijaya K Raman Revocable
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.17%
Mortgage Type
New Conventional
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chen Yu-Lin | $1,580,000 | Fidelity National Title | |
| Scally Family Trust | -- | Stewart Title Guaranty Company | |
| Scally Family Trust | $1,305,000 | Fidelity National Title | |
| The V K Raman & Vijaya K Raman Revocable | $815,000 | North American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chen Yu-Lin | $948,000 | |
| Previous Owner | Scally Family Trust | $100,000 | |
| Previous Owner | Scally Family Trust | $647,200 | |
| Previous Owner | The V K Raman & Vijaya K Raman Revocable | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/19/2024 07/19/24 | Sold | $1,580,000 | -1.2% | $690 / Sq Ft |
| 06/14/2024 06/14/24 | Pending | -- | -- | -- |
| 05/30/2024 05/30/24 | Price Changed | $1,599,000 | -4.5% | $698 / Sq Ft |
| 04/15/2024 04/15/24 | For Sale | $1,675,000 | +28.4% | $731 / Sq Ft |
| 09/15/2022 09/15/22 | Sold | $1,305,000 | -2.1% | $570 / Sq Ft |
| 08/13/2022 08/13/22 | Pending | -- | -- | -- |
| 07/26/2022 07/26/22 | Price Changed | $1,333,000 | -6.5% | $582 / Sq Ft |
| 07/07/2022 07/07/22 | For Sale | $1,425,000 | -- | $622 / 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 |
|---|---|---|---|---|
| 2025 | $16,737 | $1,580,000 | $1,145,503 | $434,497 |
| 2024 | $16,737 | $1,331,100 | $948,078 | $383,022 |
| 2023 | $16,379 | $1,305,000 | $929,488 | $375,512 |
| 2022 | $12,385 | $922,998 | $569,731 | $353,267 |
| 2021 | $12,139 | $904,900 | $558,559 | $346,341 |
| 2020 | $12,813 | $895,622 | $552,832 | $342,790 |
| 2019 | $12,581 | $878,061 | $541,992 | $336,069 |
| 2018 | $12,982 | $860,845 | $531,365 | $329,480 |
| 2017 | $13,020 | $843,966 | $520,946 | $323,020 |
| 2016 | $13,046 | $827,418 | $510,731 | $316,687 |
| 2015 | $12,863 | $814,990 | $503,059 | $311,931 |
Source: Public Records
Agents Affiliated with this Home
-
Jeffrey Caughren
-
Lily Yu
L
Buyer's Agent in 2024
Lily Yu
Keller Williams Realty Irvine
(949) 322-9688
3 in this area
8 Total Sales
-
N
Buyer's Agent in 2022
Nila Marfori
Solomon's Realtors, Inc.
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP24068180
APN: 930-247-27
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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