NOT LISTED FOR SALE

Estimated Value: $2,073,000 - $2,305,000

4 Beds
2.5 Baths
3,080 Sq Ft
$709/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $1,680,000 $545 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $13,192/month

48 Days on Market

Highlights

  • Deck
  • Property is near park
  • Park or Greenbelt View
  • University Park Elementary Rated A
  • Bamboo Flooring
  • 2-minute walk to Adventure Playground

About This Home

As of June 2023

HUGE PRICE REDUCTION! SELLERS ARE MOTIVATED! Welcome to this beautiful and spacious home located in Park Crest within the highly sought-after community of University Park in Irvine. With 4 bedrooms plus a loft on the 3rd level offers plenty of room for comfortable living. As you enter the double door entry, you’ll be greeted by a spacious living room with soaring ceilings and large windows that allow natural light. The adjacent formal dining room is perfect for hosting dinner parties and special occasions. The updated kitchen boasts granite countertops, stainless steel appliances, and ample storage space. The breakfast nook offers a cozy spot for casual meals or morning coffee. Relax and unwind in the family room, complete with a fireplace and sliding doors that lead to the backyard. The private outdoor space features a covered patio, perfect for outdoor dining and entertaining. The master bedroom features vaulted ceilings, a walk-in closet, and an en suite bathroom with dual sinks and a large shower. Three additional bedrooms and a full bathroom complete the second floor. Located in the award-winning Irvine Unified School District, this home is within walking distance to community parks, playgrounds, tennis courts, and the University Park Center. Don’t miss out on the opportunity to make this your dream home. Schedule your showing today!

Last Agent to Sell the Property

Peggy Chung

Alpha California Homes License #00978397 Listed on: 03/30/2023

Last Buyer's Agent

Linling Gan

JC Pacific Corp. License #01932510

JC Pacific Corp.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • 2,850 Sq Ft Lot
  • Wood Fence
  • Paved or Partially Paved Lot
  • Back and Front Yard

HOA Fees

  • $290 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Single Garage Door
  • Garage Door Opener
  • Unassigned Parking

Home Design

  • Planned Development
  • Slab Foundation
  • Frame Construction
  • Spanish Tile Roof
  • Clay Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 3,080 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Bay Window
  • Double Door Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Loft
  • Park or Greenbelt Views
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Convection Oven
  • Gas and Electric Range
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Bamboo
  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near park

Schools

  • University Park Elementary School
  • Rancho San Joaquin Middle School
  • University High School

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 79
  • Tax Tract Number 8943
  • Assessor Parcel Number 45320263

Community Details

Overview

  • Parkcrest Community Association, Phone Number (949) 855-1800
  • Seabreeze HOA
  • Park Crest Subdivision

Recreation

  • Community Pool
  • Community Spa
  • Park

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

0

HOA Fees

$290 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Park Crest (PT)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45320263
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3080.00 Square Feet
  • Interior Amenities: Granite Counters, High Ceilings
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Bamboo, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Double Door Entry
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Family Room, Gas
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 545.45
  • Room Type: All Bedrooms Up, Family Room, Formal Entry, Kitchen, Laundry, Living Room, Loft, Master Bathroom, Master Bedroom, Walk-In Closet
  • Window Features: Bay Window(s), Double Pane Windows
  • Bathroom Features: Bathtub, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Park/Greenbelt
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Deck
  • Pool Features: Community
  • Pool Private: No
  • Roof: Clay, Spanish Tile
  • Construction Materials: Concrete, Frame

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door, Garage Door Opener, Unassigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Disposal, Gas & Electric Range, Range Hood, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 290.00
  • Association Fee Frequency: Monthly
  • Association Name: Parkcrest Community Association
  • Phone: 949-855-1800
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Park
  • Association Management: Seabreeze

Schools

  • Elementary School: University Park
  • High School: University
  • Middle Or Junior School: Rancho San Joaquin
  • Elementary School #2: UNIPAR
  • High School2: UNIVER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Park Nearby, Paved
  • Lot Size Sq Ft: 2850.00
  • Lot Size Acres: 0.0654

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2850.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.50
  • Tax Lot: 79
  • Tax Tract Number: 8943

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
May 26, 2023
Sold by
Chung Raymond and Chung Laura
Bought by
Pang Ling
Seller's Agent
Peggy Chung
Alpha California Homes
Buyer's Agent
Linling Gan
JC Pacific Corp.
List Price
$1,780,000
Sold Price
$1,680,000
Premium/Discount to List
-$100,000
-5.62%
Views
105
Current Estimated Value
$2,185,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$505,229
Avg. Annual Appreciation
10.64%

Purchase Details

Listed on
Aug 22, 2011
Closed on
May 23, 2012
Sold by
Wolfe Norman S and Wolfe Jane C
Bought by
Chung Raymond and Chi Laura
Seller's Agent
Sam Perchik
Windem Real Estate
Buyer's Agent
Out of Area Out of Area
Out of Area
List Price
$769,000
Sold Price
$622,000
Premium/Discount to List
-$147,000
-19.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.53%
Original Mortgage
$417,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2007
Sold by
Wolfe Norman S and Wolfe Jane C
Bought by
Wolfe Norman S and Wolfe Jane C

Purchase Details

Closed on
Oct 12, 2006
Sold by
Wolfe Norman S and Wolfe Jane C
Bought by
Wolfe Norman S and Wolfe Jane C

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
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2005
Sold by
Wolfe Norman S and Wolfe Jane C
Bought by
Wolfe Norman S and Wolfe Jane C

Purchase Details

Closed on
Feb 2, 2005
Sold by
Wolfe Norman S and Wolfe Jane C
Bought by
Wolfe Norman S and Wolfe Jane C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.66%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 24, 2002
Sold by
Dutton Robert Randall and Dutton Gail L
Bought by
Wolfe Norman S and Lietz Jane C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
5.41%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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
Pang Ling $1,680,000 Lawyers Title Company
Chung Raymond $622,000 Western Resources Title Co
Wolfe Norman S -- None Available
Wolfe Norman S -- Commonwealth Land Title Co
Wolfe Norman S -- Accommodation
Wolfe Norman S -- --
Wolfe Norman S -- First American Title Co
Wolfe Norman S $540,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chung Raymond $417,000
Previous Owner Wolfe Norman S $700,000
Previous Owner Wolfe Norman S $125,000
Previous Owner Wolfe Norman S $432,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/02/2023 06/02/23 Sold $1,680,000 -0.5% $545 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
05/17/2023 05/17/23 Price Changed $1,688,000 -5.2% $548 / Sq Ft
03/30/2023 03/30/23 For Sale $1,780,000 +186.2% $578 / Sq Ft
07/06/2012 07/06/12 Sold $622,000 0.0% $210 / Sq Ft View Prior Sale
05/02/2012 05/02/12 Pending -- -- --
03/30/2012 03/30/12 Price Changed $622,000 -5.0% $210 / Sq Ft
02/06/2012 02/06/12 Price Changed $655,000 -8.9% $221 / Sq Ft
12/19/2011 12/19/11 Price Changed $719,000 -4.0% $243 / Sq Ft
10/15/2011 10/15/11 Price Changed $749,000 -2.6% $253 / Sq Ft
08/22/2011 08/22/11 For Sale $769,000 -- $260 / Sq Ft
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 $17,841 $1,747,872 $1,492,229 $255,643
2024 $17,841 $1,713,600 $1,462,969 $250,631
2023 $7,614 $736,200 $517,954 $218,246
2022 $7,476 $721,765 $507,798 $213,967
2021 $7,308 $707,613 $497,841 $209,772
2020 $7,266 $700,358 $492,736 $207,622
2019 $7,104 $686,626 $483,075 $203,551
2018 $6,977 $673,163 $473,603 $199,560
2017 $6,832 $659,964 $464,316 $195,648
2016 $6,524 $647,024 $455,212 $191,812
2015 $6,479 $637,306 $448,375 $188,931
2014 $6,352 $624,823 $439,592 $185,231
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23048436

California Regional Multiple Listing Service (CRMLS)

APN: 453-202-63