NOT LISTED FOR SALE

Estimated Value: $688,481 - $864,000

2 Beds
1 Bath
923 Sq Ft
$380/mo HOA Fee

Last Sold May 16, 2014

Last sale price $450,000 $488 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,843/month

14 Days on Market

Highlights

  • Golf Course Community
  • Guarded Parking
  • Lap Pool
  • Fitness Center
  • 24-Hour Security
  • All Bedrooms Downstairs

About This Home

As of May 2014

Fully renovated! 1460 Scholarship is THE LARGEST penthouse level (4th floor) 1 bedroom + loft unit w/ balcony in Avenue One. ~1,000 sq. ft. with 20’ ceilings and sweeping views of Orange County. It is THE ONLY 4th floor unit with wood flooring (HOA & sound test approved) throughout. Renovations include zebra-like hardwood floors, slate tile in the bathroom, fresh paint, and extra-large base molding throughout the unit to give that air of supremacy. Sparkling black granite slab countertops in kitchen and bathrooms compliment all the new upgrades including modern appliances (Whirlpool refrigerator, microwave, 4-burner range/oven, dishwasher, and washer/dryer), sterling drop-in double basin sink with Michael Graves Delta pull-out faucet, shower & tub combo with ceramic tile surround, luxury showerhead water filter and dual glazed energy-efficient windows throughout. Avenue One is a gated community with 24/7 security. Unit includes 2 parking spots. Close to fabulous cafes and restaurants, the airport, University of California, South Coast Plaza and many Fortune 500 employers. 2 miles from the beach (Newport, Huntington, and Laguna) and numerous scenic Irvine trails right outside. Irvine is rated the safest city in the United States .

Last Agent to Sell the Property

MLS Department

Out Of Area License #88888888 Listed on: 02/21/2014

Last Buyer's Agent

Roya Vafadar

ARA Properties License #01139232

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,092

Year Built

  • Built in 2006

Lot Details

  • Two or More Common Walls
  • Security Fence
  • Wrought Iron Fence

HOA Fees

  • $380 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Turnkey
  • Slab Foundation
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 923 Sq Ft Home
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Atrium Windows
  • Window Screens
  • Sliding Doors
  • Panel Doors
  • Living Room
  • Loft
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Home Security System
  • Security Lights

Parking

  • 2 Parking Spaces
  • 1 Attached Carport Space
  • Parking Available
  • Automatic Gate
  • Assigned Parking
  • Guarded Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Parking

Pool

  • Lap Pool
  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool

Outdoor Features

  • Balcony
  • Concrete Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a clubhouse
  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Private Water Source
  • High-Efficiency Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 16948
  • Assessor Parcel Number 93030723

Community Details

Overview

  • Master Insurance
  • 404 Units
  • First Service Residential Association, Phone Number (949) 757-1490
  • Built by K Hovanian At Avenue One LLC
  • 1Cl
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Trash Chute
  • Clubhouse
  • Meeting Room
  • Community Storage Space

Recreation

  • Golf Course Community
  • Tennis Courts
  • Sport Court
  • Bocce Ball Court
  • Fitness Center
  • Community Pool
  • Community Spa
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Card or Code Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,092

Year Built

Built in 2006

Lot Details

0

HOA Fees

$380 per month

Listing Details

  • Property Attached: Yes
  • Security: 24 Hour Security, Automatic Gate, Card/Code Access, Security Lights, Fire Sprinkler System, Fire and Smoke Detection System, Gated Community, Gated with Guard, Resident Manager, Smoke Detector(s), Security System
  • Subdivision Name Other: Avenue One (AVE1)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93030723
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Living Area: 923.00
  • Interior Amenities: Balcony, Granite Counters, High Ceilings, Recessed Lighting, Trash Chute
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Carpet, Tile, Wood
  • Accessibility Features: Accessible Elevator Installed, Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Panel Doors, Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar
  • Levels: Two
  • Price Per Square Foot: 487.54
  • Room Type: All Bedrooms Down, Loft, Living Room, Main Floor Bedroom, Walk-In Closet
  • Spa Features: Association, Heated, In Ground
  • Window Features: Atrium, Double Pane Windows, ENERGY STAR Qualified Windows, Screens

Exterior Features

  • Patio: Yes
  • Foundation: Slab, Concrete Perimeter
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Security, Wrought Iron
  • Builder Name: K Hovanian At Avenue One LLC
  • Patio And Porch Features: Concrete, Patio Open
  • Pool Features: Community, Gas Heat, In Ground, Lap
  • Pool Private: Yes
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Covered, Carport, Attached Carport, Gated, Guarded
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, High Efficiency Water Heater, Range Hood, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan, Water Line to Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: In Closet, Stackable
  • Water Source: Private
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Biking Trails, Bocce Ball Court, Clubhouse, Controlled Access, Fire Pit, Golf Course, Gym/Ex Room, Insurance, Meeting Room, Maintenance Grounds, Outdoor Cooking Area, Pets Permitted, Picnic Area, Pool, Security, Sewer, Sport Court, Storage, Tennis Court(s), Trash
  • Association Fee: 380.00
  • Association Fee Frequency: Monthly
  • Association Name: First Service Residential
  • Phone: 949-757-1490
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Lot Features: Close to Clubhouse, Near Public Transit

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 404
  • Number Of Units Total: 404

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 16948

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2014
Sold by
Javalla Crescenciana C and Constantino Neil O
Bought by
Shemirani Mehran M and Farzan Suzan
Current Estimated Value
$755,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 29, 2006
Sold by
Javalla Nilo L
Bought by
Javalla Crescenciana C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,650
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 2006
Sold by
K Hovnanian At Avenue One Llc
Bought by
Javalla Crescenciana C and Javalla Neil O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,650
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Shemirani Mehran M $450,000 Entitle Insurance
Javalla Crescenciana C -- First American Title Ins Co
Javalla Crescenciana C $491,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shemirani Mehran M $255,000
Previous Owner Javalla Crescenciana C $386,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2014 05/16/14 Sold $450,000 -6.2% $488 / Sq Ft
03/07/2014 03/07/14 Pending -- -- --
02/21/2014 02/21/14 For Sale $479,900 -- $520 / 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 $6,092 $551,634 $316,093 $235,541
2024 $6,092 $540,818 $309,895 $230,923
2023 $5,946 $530,214 $303,818 $226,396
2022 $5,892 $519,818 $297,861 $221,957
2021 $5,749 $509,626 $292,021 $217,605
2020 $5,765 $504,401 $289,027 $215,374
2019 $5,644 $494,511 $283,360 $211,151
2018 $5,414 $484,815 $277,804 $207,011
2017 $5,370 $475,309 $272,357 $202,952
2016 $5,261 $465,990 $267,017 $198,973
2015 $5,156 $458,991 $263,006 $195,985
2014 $4,013 $356,025 $154,880 $201,145
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14036896

California Regional Multiple Listing Service (CRMLS)

APN: 930-307-23