NOT LISTED FOR SALE

8 Arbusto Irvine, CA 92606

Westpark Neighborhood

Estimated Value: $2,027,315 - $2,403,000

5 Beds
3 Baths
2,450 Sq Ft
$902/Sq Ft Est. Value

Last Sold July 26, 2019

Last sale price $1,255,000 $512 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $12,791/month

8 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Cathedral Ceiling
  • Plaza Vista K-8 School Rated A
  • Property is near park
  • 1-minute walk to Westpark Community Park

About This Home

As of July 2019

PRIME LOCATION! PREMIUM LOT! FABULOUS FLOOR PLAN! Welcome to this magnificent estate, the Jewel of Irvine! FIVE STAR resort living in parklike setting! Centrally located in one of Irvine's most convenient and quiet neighborhoods! This Paseo Westpark Vintage home features a newly remodeled gourmet kitchen w/quartz countertops/back-splashing...all the bells and whistles; beautiful waterproof Luxury Vinyl Plank floor throughout accentuated w/5" custom baseboards. Bright and open floor plan- majestic volume ceiling with French doors & classic arch-top windows; spacious MAIN FLOOR bedroom & full bathroom. The splendid landscape features a gated and enclosed front courtyard with a rose garden & water efficient plants; an arborist-tended backyard with enchanting lily/fish pond, fragrant flower trees (16 Osmanthus Fragrans, Michelia Alba, Epiphyllum - Queen of the Night) and 10 varieties of priced fruit trees (Mandarin Orange, lime, pomegranate, Jojoba, Fuji apple, Kumquat, Loquat, Apricot, Plum, Lemon, Guava, Papaya, and Goji). The designs have been highly praised by FENG-SHUI experts. EXOTIC! Enchanting! Exhilarating! Greenbelt behind the home provides extra privacy. WALK, YES, WALK to community pools, tennis courts, parks, Culver Plaza (99 Ranch Market, dining, etc), Plaza Vista, and award winning 8-K school. Few minutes' drive away from Diamond Jamboree, The District at Tustin, movie theaters, biking trails... Low HOA dues. Low tax rate. Enjoy your visit, and make this your home!

Last Agent to Sell the Property

Steven Yu

Top Ten Real Estate Inc License #00892580 Listed on: 06/18/2019

Last Buyer's Agent

Steven Yu

Top Ten Real Estate Inc License #00892580 Listed on: 06/18/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • 5,225 Sq Ft Lot
  • Landscaped
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Back and Front Yard
  • Density is 6-10 Units/Acre

HOA Fees

  • $49 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available

Interior Spaces

  • 2,450 Sq Ft Home
  • Cathedral Ceiling
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • 3 Full Bathrooms
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Exterior Lighting

Location

  • Property is near park

Schools

  • Plaza Vista Elementary School
  • South Lake Middle School
  • Woodbridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 14977
  • Assessor Parcel Number 43428167

Community Details

Overview

  • Paseo Westpark Association, Phone Number (800) 369-7260
  • Associa Pcm HOA

Amenities

  • Community Barbecue Grill

Recreation

  • Tennis Courts
  • Sport Court
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

HOA Fees

$49 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Vintage (VIN)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 43428167
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2450.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s)
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Eating Area: Area, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 512.24
  • Room Type: Family Room, Laundry, Living Room, Main Floor Bedroom, Master Suite
  • Spa Features: Association
  • Bathroom Features: Shower, Exhaust Fan(s)

Exterior Features

  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Microwave, Water Heater
  • Heating Type: Central, Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Tennis Court(s), Sport Court
  • Association Fee: 49.00
  • Association Fee Frequency: Monthly
  • Association Name: Paseo Westpark
  • Phone: 800-369-7260
  • Senior Community: No
  • Community Features: Curbs, Street Lights
  • Association Management: Associa PCM

Schools

  • Elementary School: Plaza Vista
  • High School: Woodbridge
  • Middle Or Junior School: South Lake
  • Elementary School #2: PLAVIS
  • High School2: WOODBR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Back Yard, Front Yard, Landscaped, Park Nearby, Paved, Sprinkler System
  • Lot Size Sq Ft: 5225.00
  • Lot Size Acres: 0.1199

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5225.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 525.15
  • Tax Lot: 3
  • Tax Tract Number: 14977

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2019
Closed on
Jul 24, 2019
Sold by
Tien Lin Sheng Walter and Tien Cheng Peng Jane
Bought by
Singh Nerinder and Kumari Angela
Seller's Agent
Steven Yu
Top Ten Real Estate Inc
Buyer's Agent
Steven Yu
Top Ten Real Estate Inc
List Price
$1,288,000
Sold Price
$1,255,000
Premium/Discount to List
-$33,000
-2.56%
Current Estimated Value
$2,210,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$955,579
Avg. Annual Appreciation
9.19%
Original Mortgage
$1,004,000
Outstanding Balance
$961,615
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,248,964

Purchase Details

Closed on
Oct 25, 2004
Sold by
Hui Xiaobing and Huang Lina
Bought by
Tien Lin Sheng Walter and Tien Cheng Ping Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 1996
Sold by
Standard Pacific Corp
Bought by
Hui Xiaobing and Huang Lina
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Singh Nerinder $1,255,000 Fidelity Natl Ttl Orange Cnt
Tien Lin Sheng Walter $856,000 --
Hui Xiaobing $318,000 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Nerinder $1,004,000
Previous Owner Tien Lin Sheng Walter $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2019 07/26/19 Sold $1,255,000 -2.6% $512 / Sq Ft
06/18/2019 06/18/19 For Sale $1,288,000 -- $526 / 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 $14,329 $1,372,524 $986,177 $386,347
2024 $14,329 $1,345,612 $966,840 $378,772
2023 $13,960 $1,319,228 $947,882 $371,346
2022 $13,701 $1,293,361 $929,296 $364,065
2021 $13,392 $1,268,001 $911,074 $356,927
2020 $13,316 $1,255,000 $901,732 $353,268
2019 $12,205 $1,069,625 $714,158 $355,467
2018 $12,289 $1,048,652 $700,154 $348,498
2017 $12,136 $1,028,091 $686,426 $341,665
2016 $11,709 $1,007,933 $672,967 $334,966
2015 $11,492 $992,793 $662,858 $329,935
2014 $11,375 $973,346 $649,873 $323,473
Source: Public Records

Agents Affiliated with this Home

  • Steven Yu

    Seller's Agent in 2019

    Steven Yu

    Top Ten Real Estate Inc

    (949) 855-6062

    15 Total Sales

    Steven Yu
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19142480

California Regional Multiple Listing Service (CRMLS)

APN: 434-281-67

California Orange County Irvine 92606 Westpark

8 Arbusto, Irvine, CA

Not Listed for Sale

Detached

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