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12 Montelegro

12 Montelegro, Irvine, CA 92614
Property in Westpark
Sold Jun 21, 2021
$1,352,000
$822,375 by Loandepot.com Llc
Mortgage Due Jul 01, 2051
Sold Oct 07, 2013
$880,000
$704,000 by Bank Of America Na
Mortgage Due Oct 01, 2043
Local assessors in Irvine, CA have categorized 12 Montelegro as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 4,050 square feet. The linear feet between the front and back of the lot was measured at 930 ft and the front of the lot was measured at 540 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 3 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 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 12 Montelegro has a total of 2,301 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 499 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is good. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a roof that is made of tile. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 12 Montelegro sold most recently in Jun 9, 2021 for a total of $1,352,000. If you work out the math, that's approximately a cost of $587.57 per sqft. Before that, the property was also sold for $880,000 in Sep 25, 2013. 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 $14,997 in taxes each year. 12 Montelegro was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,406,620. If we break it down further, the land itself was valued at $1,162,515. Improvements to the property, however, were assessed at a total of $244,105. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

Building Features

Exterior

Stucco Exterior

Driveway

Driveway

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Building Style: Traditional
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 499
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,050
  • Lot Size Depth Feet: 930
  • Lot Size Frontage Feet: 540
  • Total Building Area: 2,301
  • Building Area: 2,301
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,301
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 12643
  • Land Acres: 0.093
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 12643 BLK LOT 10

Ownership

  • Current Owner : SUN HOWARD K
  • Previous Owner : TRUONG HOANG B
  • Previous Owner 2: TRAN THUY LINH
  • Owner Before Previous Owner: KWON JONG HWAN
  • Owner Before Previous Owner 2: PARK MYEONG SHIN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Irvine Unified School District
  • Census Tract: 052522

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 29-A3
  • Subdivision Tract Number: 12643
  • Parcel: 447-431-10
  • Lot: 10
  • Latitude: 33.6805
  • Longitude: -117.817

    Address

  • Full Address: 12 Montelegro
  • Address - House Number: 12
  • Address - Street Name: Montelegro
  • State: CA
  • City Name: Irvine
  • Carrier Code: C024
  • 4-Digit Zip Code: 0242
  • Zip Code: 92614

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,997
  • Tax Rate Code Area: 26-087

    Appraisal Valuation

  • Standard Deviation: 0.2054
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 72
  • Final Value: 1,767,239
  • High Value: 2,130,262
  • Low Value: 1,404,216

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $822,375
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Jun 21, 2021
  • First Open Lien Mortgage Loan Amount: $822,375
  • 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: Jul 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,406,620
  • Assessed Land Value: $1,162,515
  • Assessed Improvements Value: $244,105

    Sales

  • Current Sale Contract Date: Jun 09, 2021
  • Current Sale Recording Date: Jun 21, 2021
  • Current Sale Transaction ID: 11840658126
  • Current Sale Price: $1,352,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021000406952
  • Previous Sale Recording Date: Oct 07, 2013
  • Previous Sale Contract Date: Sep 25, 2013
  • Previous Sale Amount: $880,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Jun 21, 2021
  • First Mortgage Loan Amount: $822,375
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Oct 07, 2013
  • Previous Mortgage Loan Amount: $704,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2043

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Frequently Asked Questions

What neighborhood is 12 Montelegro located in?
The 12 Montelegro is a located in the neighborhood of Westpark in Westpark, Irvine.
What is the average sales price for listings in 12 Montelegro?
The average sales price for units in 12 Montelegro is $0 currently.

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