69 Oak Tree Ln Irvine, CA 92612
University Park and Town Center NeighborhoodEstimated Value: $1,592,000 - $1,921,592
4
Beds
2.5
Baths
2,598
Sq Ft
$670/Sq Ft
Est. Value
Highlights
- Spa
- Updated Kitchen
- Fireplace in Primary Bedroom
- University Park Elementary Rated A
- Clubhouse
- Park or Greenbelt View
About This Home
As of November 2022Kick off fall in this beautiful 4-bedroom home in the sought-after community of Village Park. The home has great curb appeal, with a lush lawn and a courtyard by the front porch, plus a landscaped planting bed lining the walkway. Step inside the front door to find saltillo tile floors, a cozy fireplace and a wall of windows that let in lots of natural light. Your kitchen features gorgeous granite countertops, recessed lighting, stainless steel appliances and a peninsula with bar-top seating. Just off both the dining area and the living room, you’ll find a nice patio that backs up to a quiet community greenbelt. Upstairs, the massive master bedroom boasts a sitting area, a fireplace and an ensuite bathroom. The guest rooms share the hallway bathroom, which includes dual sinks. Village Park is a great community with mature trees, walking trails and plenty of guest parking. The community pool is less than a one-minute walk from your back door, and there’s an Olympic-sized pool plus tennis courts, a playground, park and picnic area at the entrance of the development. This fantastic location is zoned to top-rated schools, with countless shopping & dining options in every direction. Close to UCI & John Wayne Airport, too!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,347
Year Built
- Built in 1969
Lot Details
- 3,300 Sq Ft Lot
- Landscaped
- Private Yard
HOA Fees
- $265 Monthly HOA Fees
Parking
- 2 Car Garage
- Parking Available
- Driveway
Property Views
- Park or Greenbelt
- Pool
Home Design
- Tile Roof
Interior Spaces
- 2,598 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room
- Dining Room
- Updated Kitchen
- Laundry Room
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Fireplace in Primary Bedroom
- All Upper Level Bedrooms
Outdoor Features
- Spa
- Concrete Porch or Patio
Schools
- University Park Elementary School
- Rancho San Joaquin Middle School
- University High School
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Tax Lot 35
- Tax Tract Number 6523
- Assessor Parcel Number 45312317
- $122 per year additional tax assessments
Community Details
Overview
- Village Park Community Association, Phone Number (949) 786-8722
- Vpca HOA
- Village Iii Subdivision
- Greenbelt
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Community Pool
- Community Spa
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 1, 2022
Closed on
Sep 30, 2022
Sold by
Su Xun
Bought by
Zeng Wanwen
Seller's Agent
Tai Nguyen
OCMS Realty
Buyer's Agent
Jessica Zhang
Universal Elite Inc.
List Price
$1,350,000
Sold Price
$1,260,000
Premium/Discount to List
-$90,000
-6.67%
Total Days on Market
25
Views
23
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
$480,898
Avg. Annual Appreciation
13.29%
Original Mortgage
$1,000,000
Outstanding Balance
$969,277
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$771,621
Purchase Details
Listed on
Sep 1, 2022
Closed on
Sep 29, 2022
Sold by
Chung Jinjong and Chung Laureen M
Bought by
Zeng Wanwen
Seller's Agent
Tai Nguyen
OCMS Realty
Buyer's Agent
Jessica Zhang
Universal Elite Inc.
List Price
$1,350,000
Sold Price
$1,260,000
Premium/Discount to List
-$90,000
-6.67%
Views
23
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$969,277
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$771,621
Purchase Details
Listed on
Jul 30, 2021
Closed on
Sep 17, 2021
Sold by
Varkel Daryl and Varkel Eleanor
Bought by
Chung Jinjong and Krikness Laureen M
Seller's Agent
Cindy Chin
Cindy Chin Realty
Buyer's Agent
Tai Nguyen
OCMS Realty
List Price
$1,298,000
Sold Price
$1,198,000
Premium/Discount to List
-$100,000
-7.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.57%
Original Mortgage
$822,375
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 9, 2018
Sold by
Varkel Brandon J and Varkel Brittany
Bought by
Varkel Daryl and Varkel Eleanor
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 11, 2017
Sold by
Varkel Daryn and Varkel Eleanor
Bought by
Varkel Daryl and Varkel Eleanor
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
3.82%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 11, 2003
Sold by
Dowden John Logan
Bought by
Varkel Daryl and Varkel Eleanor
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.46%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Mar 14, 1996
Sold by
Shea Kenneth J and Shea Bonnie J
Bought by
Dowden John Logan and Dowden Diane Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.05%
Similar Homes in Irvine, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zeng Wanwen | -- | Fidelity National Title | |
| Zeng Wanwen | $1,260,000 | Fidelity National Title | |
| Chung Jinjong | $1,198,000 | Fidelity Natl Ttl Orange Cnt | |
| Varkel Daryl | -- | Pacific Coast Title | |
| Varkel Daryl | -- | Pacific Coast Title | |
| Varkel Daryl | $525,000 | Fidelity National Title Co | |
| Dowden John Logan | $270,000 | Commonwealth Land Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zeng Wanwen | $1,000,000 | |
| Previous Owner | Chung Jinjong | $822,375 | |
| Previous Owner | Varkel Daryl | $80,000 | |
| Previous Owner | Varkel Daryl | $598,300 | |
| Previous Owner | Varkel Daryl | $598,000 | |
| Previous Owner | Varkel Daryl | $595,000 | |
| Previous Owner | Varkel Daryl | $150,000 | |
| Previous Owner | Varkel Daryl | $547,500 | |
| Previous Owner | Varkel Daryl | $105,000 | |
| Previous Owner | Varkel Daryl | $420,000 | |
| Previous Owner | Dowden John Logan | $192,000 | |
| Previous Owner | Dowden John Logan | $207,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/08/2022 11/08/22 | Sold | $1,260,000 | -6.7% | $485 / Sq Ft |
| 09/27/2022 09/27/22 | Pending | -- | -- | -- |
| 09/01/2022 09/01/22 | For Sale | $1,350,000 | +12.7% | $520 / Sq Ft |
| 09/23/2021 09/23/21 | Sold | $1,198,000 | 0.0% | $461 / Sq Ft |
| 08/09/2021 08/09/21 | Pending | -- | -- | -- |
| 08/03/2021 08/03/21 | Price Changed | $1,198,000 | -7.7% | $461 / Sq Ft |
| 07/30/2021 07/30/21 | For Sale | $1,298,000 | -- | $500 / 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 |
|---|---|---|---|---|
| 2024 | $13,347 | $1,285,200 | $1,115,006 | $170,194 |
| 2023 | $13,002 | $1,260,000 | $1,093,143 | $166,857 |
| 2022 | $12,456 | $1,198,000 | $1,042,974 | $155,026 |
| 2021 | $7,201 | $689,589 | $522,141 | $167,448 |
| 2020 | $7,160 | $682,519 | $516,787 | $165,732 |
| 2019 | $7,002 | $669,137 | $506,654 | $162,483 |
| 2018 | $6,878 | $656,017 | $496,719 | $159,298 |
| 2017 | $6,664 | $643,154 | $486,979 | $156,175 |
| 2016 | $6,364 | $630,544 | $477,431 | $153,113 |
| 2015 | $6,321 | $621,073 | $470,259 | $150,814 |
| 2014 | $6,198 | $608,908 | $461,048 | $147,860 |
Source: Public Records
Agents Affiliated with this Home
-
Tai Nguyen
Seller's Agent in 2022
Tai Nguyen
OCMS Realty
(714) 331-5587
2 in this area
22 Total Sales
-
Jessica Zhang
Buyer's Agent in 2022
Jessica Zhang
Universal Elite Inc.
(949) 220-1888
4 in this area
54 Total Sales
-
Cindy Chin
Seller's Agent in 2021
Cindy Chin
Cindy Chin Realty
(949) 698-0117
4 in this area
86 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22189167
APN: 453-123-17
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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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