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115 Lovelace

115 Lovelace, Irvine, CA 92620
Property in Northwood Point
Sold Sep 18, 2019
$1,380,000
$480,000 by New Wave Lending Group Inc
Mortgage Due Oct 01, 2049
Sold Nov 01, 2018
$3,435,000
Local assessors in Irvine, CA have categorized 115 Lovelace as a residential type of property. The home was built in 2019 and is 5 years old. The property's lot size has been calculated to be 4,105 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 115 Lovelace has a total of 2,683 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 418 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. The property was last sold in Aug 16, 2019 for $1,380,000. That's $514.35 per sqft. Prior to that sales transaction, the property was also sold in Oct 29, 2018 for $3,435,000. 115 Lovelace was last assessed in 2023. The total value of the property was assessed at $1,455,880. Specifically, the land the property is located on was valued at $832,377. While improvements on the property were assessed at a total of $623,503. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $18,130. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 418
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,105
  • Total Building Area: 2,683
  • Building Area: 2,683
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,683
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 18052
  • Land Acres: 0.094
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 18052 BLK LOT 16

Ownership

  • Current Owner : KIM KUN HAN
  • Current Owner 2: KIM HYANG NA
  • Previous Owner : RICHMOND AMERICAN HOMES OF MARYLAND INC
  • Owner Before Previous Owner: IRVINE COMMUNITY DEVELOPMENT CO LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • Census Tract: 052421

Geography

  • Subdivision Tract Number: 18052
  • Parcel: 553-041-16
  • Lot: 16
  • Latitude: 33.7196
  • Longitude: -117.742

    Address

  • Full Address: 115 Lovelace
  • Address - House Number: 115
  • Address - Street Name: Lovelace
  • State: CA
  • City Name: Irvine
  • Carrier Code: C034
  • 4-Digit Zip Code: 2251
  • Zip Code: 92620

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $18,130
  • Tax Rate Code Area: 26-346

    Appraisal Valuation

  • Standard Deviation: 0.2054
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 72
  • Final Value: 2,169,053
  • High Value: 2,614,616
  • Low Value: 1,723,490

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $480,000
  • First Open Lien Mortgage Lender: NEW WAVE LENDING GROUP INC
  • First Open Lien Mortgage Recording Date: Sep 18, 2019
  • First Open Lien Mortgage Loan Amount: $480,000
  • 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: Oct 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,455,880
  • Assessed Land Value: $832,377
  • Assessed Improvements Value: $623,503

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 16, 2019
  • Current Sale Recording Date: Sep 18, 2019
  • Current Sale Transaction ID: 11647098141
  • Current Sale Price: $1,380,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019000357751
  • Previous Sale Recording Date: Nov 01, 2018
  • Previous Sale Contract Date: Oct 29, 2018
  • Previous Sale Amount: $3,435,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW WAVE LENDING GROUP INC
  • First Mortgage Transaction Date: Sep 18, 2019
  • First Mortgage Loan Amount: $480,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: IRVINE COMMUNITY DEVLOPMENT CO
  • Previous Mortgage Transaction Date: Nov 01, 2018
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Northwood Point



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Frequently Asked Questions

What neighborhood is 115 Lovelace located in?
The 115 Lovelace is a located in the neighborhood of Northwood Point in Northwood Point, Irvine.
What is the average sales price for listings in 115 Lovelace?
The average sales price for units in 115 Lovelace is $0 currently.

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