NOT LISTED FOR SALE

Estimated Value: $1,208,518 - $1,318,000

2 Beds
2 Baths
1,184 Sq Ft
$1,071/Sq Ft Est. Value

Sale Details

Date Sold: March 25, 2024

Last sale price $1,075,000 $908 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $8,241 / mo

4 Days on Market

Highlights

  • Updated Kitchen
  • Cathedral Ceiling
  • Neighborhood Views
  • University Park Elementary Rated A
  • Quartz Countertops
  • Community Pool

About This Home

As of March 2024

Welcome to this charming 2-bedroom, 2-bathroom home nestled in Irvine's vibrant neighborhood. Centrally located by shops, restaurants and UC Irvine, it boasts a modern eat-in kitchen with quartz countertops and ample cabinets. The primary ensuite impressed with a spacious bedroom, dual wall closets and a large primary bathroom with walk in shower. The second bedroom is generously sized, complemented by a remodeled guest bathroom with a shower/bathtub combo. The back patio overlooks a lush greenbelt, perfect for family gatherings while the gated front patio is perfect for relaxing in the evening. Enjoy the vaulted ceilings and a cozy gas fireplace in the living room. Additional perks include a two-car garage with an included washer/dryer, newer water heater, central air and heat and laminate floors throughout. An ideal blend of comfort and convenience awaits you in this wonderful Irvine home.

Last Agent to Sell the Property

Matthew Welch

Ignite RE Group Brokerage Phone: 562-822-1182 License #01947840 Listed on: 03/07/2024

Co-Listed By

Blake Gunderson

Ignite RE Group Brokerage Phone: 562-822-1182 License #01962020

Last Buyer's Agent

Shuang Wang

Real Broker License #02178438

Real Broker

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • 3,049

HOA Fees

  • $274 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • Driveway

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Planned Development
  • Slab Foundation

Interior Spaces

  • 1,184 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Plantation Shutters
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Gas Oven
  • Gas Range
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Quartz Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Exterior Lighting
  • Front Porch

Additional Features

  • 3,049 Sq Ft Lot
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 51
  • Tax Tract Number 8002
  • Assessor Parcel Number 45317203
  • $122 per year additional tax assessments

Community Details

Overview

  • Terrace Community Association, Phone Number (949) 716-3998
  • Powerhouse Property Management HOA
  • Terrace Subdivision
  • Greenbelt

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

3,049 Sq Ft Lot

HOA Fees

$274 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Stove, Dishwasher and Washer/Dryer
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Terrace (TR)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45317203
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1184.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), Quartz Counters, Recessed Lighting
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Family Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 907.94
  • Room Type: All Bedrooms Down, Kitchen, Main Floor Primary Bedroom
  • Window Features: Plantation Shutters
  • Bathroom Features: Shower In Tub, Exhaust Fan(s), Quartz Counters, Remodeled, Walk-In Shower
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Neighborhood
  • Patio And Porch Features: Concrete, Front Porch, Rear Porch
  • Pool Features: Association
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front, Garage - Single Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas Dryer Hookup, 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
  • Association Fee: 274.00
  • Association Fee Frequency: Monthly
  • Association Name: Terrace Community Association
  • Phone: 949-716-3998
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Street Lights, Suburban
  • Association Management: Powerhouse Property Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Greenbelt
  • Lot Size Sq Ft: 3049.00
  • Lot Size Acres: 0.0700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3049.0000 Square Feet
  • Number Of Units In Community: 507
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.51
  • Tax Lot: 51
  • Tax Tract Number: 8002
  • TaxOtherAnnualAssessmentAmount: 122.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
May 14, 2024
Sold by
Wang Shuang and Wang Peng
Bought by
Seller's Agent
Matthew Welch
Ignite RE Group
Buyer's Agent
Shuang Wang
Real Broker
List Price
$1,049,000
Sold Price
$1,075,000
Premium/Discount to List
$26,000
2.48%
Views
41
Current Estimated Value
$1,269,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,521
Avg. Annual Appreciation
6.95%
Original Mortgage
$770,000
Interest Rate
6.94%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Mar 7, 2024
Closed on
Mar 15, 2024
Sold by
Cardenas Family Trust
Bought by
Wang Shuang and Wang Peng
Seller's Agent
Matthew Welch
Ignite RE Group
Buyer's Agent
Shuang Wang
Real Broker
List Price
$1,049,000
Sold Price
$1,075,000
Premium/Discount to List
$26,000
2.48%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Interest Rate
6.94%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 28, 2011
Sold by
Cardenas Rosa G
Bought by
Cardenas Rosa G and Cardenas Family Trust

Purchase Details

Closed on
Nov 11, 2010
Sold by
Felton Collins Victoria
Bought by
Cardenas Rosa

Purchase Details

Closed on
Dec 10, 2004
Sold by
Chen Jeffrey Chih Ming and Chen Mei Pai
Bought by
Felton Collins Victoria and Victoria Felton Collins Trust

Purchase Details

Closed on
Oct 1, 2003
Sold by
Schoppert Sandra
Bought by
Chen Jeffery Chih Ming and Chen Mei Pai

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
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2002
Sold by
Leon Eugene M and Leon Kristine M
Bought by
Schoppert Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.16%

Purchase Details

Closed on
Apr 16, 1996
Sold by
Destefano Mark and Destephano Margaret K
Bought by
Leon Eugene M and Leon Kristine M
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in University Park and Town Center, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,265,000 Fidelity National Title
Wang Shuang $1,075,000 Lawyers Title Company
Cardenas Rosa G -- None Available
Cardenas Rosa $410,000 Ticor
Felton Collins Victoria $460,000 Landwood Title Company
Chen Jeffery Chih Ming $379,000 Stewart Title
Schoppert Sandra $319,000 Gateway Title Company
Leon Eugene M $161,000 Old Republic Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $770,000
Previous Owner Wang Shuang $752,500
Previous Owner Cardenas Rosa G $20,000
Previous Owner Chen Jeffery Chih Ming $300,000
Previous Owner Schoppert Sandra $170,000
Previous Owner Leon Eugene M $157,000
Previous Owner Leon Eugene M $157,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/25/2024 03/25/24 Sold $1,075,000 +2.5% $908 / Sq Ft
03/13/2024 03/13/24 For Sale $1,049,000 -2.4% $886 / Sq Ft
03/12/2024 03/12/24 Off Market $1,075,000 -- --
03/11/2024 03/11/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $1,049,000 -- $886 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $11,551 $1,125,953 $1,024,618 $101,335
2025 $11,551 $1,103,876 $1,004,527 $99,349
2024 $11,239 $1,075,000 $970,479 $104,521
2023 $946 $87,247 $28,122 $59,125
2022 $927 $85,537 $27,571 $57,966
2021 $904 $83,860 $27,030 $56,830
2020 $898 $83,001 $26,753 $56,248
2019 $877 $81,374 $26,228 $55,146
2018 $856 $79,779 $25,714 $54,065
2017 $837 $78,215 $25,210 $53,005
2016 $801 $76,682 $24,716 $51,966
2015 $788 $75,531 $24,345 $51,186
2014 $772 $74,052 $23,868 $50,184
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24044837

California Regional Multiple Listing Service (CRMLS)

APN: 453-172-03

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