7 Bormes Irvine, CA 92614
Westpark NeighborhoodEstimated Value: $1,704,095 - $2,039,000
4
Beds
3
Baths
2,068
Sq Ft
$904/Sq Ft
Est. Value
About This Home
This home is located at 7 Bormes, Irvine, CA 92614 and is currently estimated at $1,870,274, approximately $904 per square foot. 7 Bormes is a home located in Orange County with nearby schools including Westpark Elementary School, Culverdale Elementary School, and South Lake Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 13, 2025
Sold by
Lam Larry Lit
Bought by
Lam Family Trust and Lam
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Outstanding Balance
$163,816
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$1,706,458
Purchase Details
Closed on
Jan 6, 2020
Sold by
Lam Larry Kit
Bought by
Lam Larry Kit and Lam Family Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 23, 2017
Sold by
Lam Larry Kit
Bought by
Lam Larry Kit and Lam Family Trust
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
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
May 24, 2011
Sold by
Lam Larry Kit
Bought by
Lam Larry Kit and Lam Family Trust
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
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 31, 2005
Sold by
Lam Kit and Lam Catherine C
Bought by
Lam Larry Kit and Lam Catherine C
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lam Family Trust | -- | Chicago Title | |
| Lam Larry Kit | -- | Chicago Title | |
| Lam Larry Kit | -- | Amrock Inc | |
| Lam Larry Kit | -- | Amrock Inc | |
| Lam Larry Kit | -- | None Available | |
| Lam Larry Kit | -- | None Available | |
| Lam Larry Kit | -- | Provident Title Company | |
| Lam Larry Kit | -- | Provident Title Company | |
| Lam Larry Kit | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lam Larry Kit | $165,000 | |
| Previous Owner | Lam Larry Kit | $700,000 | |
| Previous Owner | Lam Larry Kit | $598,000 | |
| Previous Owner | Lam Larry Kit | $417,000 |
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 | $5,320 | $501,979 | $284,172 | $217,807 |
| 2024 | $5,320 | $492,137 | $278,600 | $213,537 |
| 2023 | $5,181 | $482,488 | $273,138 | $209,350 |
| 2022 | $5,079 | $473,028 | $267,782 | $205,246 |
| 2021 | $4,960 | $463,753 | $262,531 | $201,222 |
| 2020 | $4,931 | $458,998 | $259,839 | $199,159 |
| 2019 | $5,506 | $449,999 | $254,745 | $195,254 |
| 2018 | $5,418 | $441,176 | $249,750 | $191,426 |
| 2017 | $5,319 | $432,526 | $244,853 | $187,673 |
| 2016 | $5,117 | $424,046 | $240,052 | $183,994 |
| 2015 | $4,997 | $417,677 | $236,446 | $181,231 |
| 2014 | $4,982 | $409,496 | $231,815 | $177,681 |
Source: Public Records
Map
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