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111 Summer Lilac

111 Summer Lilac, Irvine, CA 92620
Property in Irvine Spectrum
Sold Oct 27, 2015
$1,063,000
$625,000 by United Wholesale Mortgage
Mortgage Due Dec 01, 2050
Local assessors in Irvine, CA have categorized 111 Summer Lilac as a residential type of property. The home was built in 2015 and is 9 years old. The property's lot size has been calculated to be 3,220 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 111 Summer Lilac has a total of 2,563 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 420 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 111 Summer Lilac sold most recently in Jun 29, 2015 for a total of $1,063,000. If you work out the math, that's approximately a cost of $414.75 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $15,474 in taxes each year. 111 Summer Lilac was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,209,469. If we break it down further, the land itself was valued at $739,793. Improvements to the property, however, were assessed at a total of $469,676. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,220
  • Total Building Area: 2,563
  • Building Area: 2,563
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,563
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 17495
  • Land Acres: 0.074
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 17495 BLK LOT 25

Ownership

  • Current Owner : CHAN WINTHROP
  • Current Owner 2: CHAN AMY
  • Previous Owner : IRVINE PACIFIC LP
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Irvine Unified School District
  • Census Tract: 052433

Geography

  • Subdivision Tract Number: 17495
  • Parcel: 551-571-40
  • Lot: 25
  • Latitude: 33.6872
  • Longitude: -117.76

    Address

  • Full Address: 111 Summer Lilac
  • Address - House Number: 111
  • Address - Street Name: Summer Lilac
  • State: CA
  • City Name: Irvine
  • Carrier Code: C030
  • 4-Digit Zip Code: 3104
  • Zip Code: 92620

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,474
  • Tax Rate Code Area: 26-339

    Appraisal Valuation

  • Standard Deviation: 0.2054
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 72
  • Final Value: 2,010,603
  • High Value: 2,423,617
  • Low Value: 1,597,588

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $625,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 30, 2020
  • First Open Lien Mortgage Loan Amount: $625,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,209,469
  • Assessed Land Value: $739,793
  • Assessed Improvements Value: $469,676

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 29, 2015
  • Current Sale Recording Date: Oct 27, 2015
  • Current Sale Transaction ID: 1340224709
  • Current Sale Price: $1,063,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2015000557109

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Oct 27, 2015
  • First Mortgage Loan Amount: $700,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2045

About Irvine Spectrum



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Frequently Asked Questions

What neighborhood is 111 Summer Lilac located in?
The 111 Summer Lilac is a located in the neighborhood of Irvine Spectrum in Irvine Spectrum, Irvine.
What is the average sales price for listings in 111 Summer Lilac?
The average sales price for units in 111 Summer Lilac is $0 currently.

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