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127 Ceremony

127 Ceremony, Irvine, CA 92618
Property in Portola Springs
Sold Jul 19, 2019
$1,470,000
$880,000 by East West Bank
Mortgage Due Aug 01, 2049
Sold Mar 21, 2019
$4,934,000
$200 by Irvine Community Development C
Mortgage
Local assessors in Irvine, CA have categorized 127 Ceremony 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 6,510 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 4 full bathrooms. There are also 5 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 127 Ceremony has a total of 2,993 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 419 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 Apr 24, 2019 for $1,470,000. That's $491.15 per sqft. Prior to that sales transaction, the property was also sold in Mar 11, 2019 for $4,934,000. 127 Ceremony was last assessed in 2023. The total value of the property was assessed at $1,544,782. Specifically, the land the property is located on was valued at $858,801. While improvements on the property were assessed at a total of $685,981. 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 $20,533. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 419
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,510
  • Total Building Area: 2,993
  • Building Area: 2,993
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,993
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO. 17968
  • Land Acres: 0.149
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 17968 BLK LOT 14

Ownership

  • Current Owner : GUO JINGPING
  • Current Owner 2: YANG FENGYI
  • Previous Owner : KB HOME COASTAL INC
  • Owner Before Previous Owner: IRVINE COMMUNITY DEVELOPMENT COMPANY LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • Census Tract: 052438

Geography

  • Subdivision Tract Number: 17968
  • Parcel: 591-251-60
  • Lot: 14
  • Latitude: 33.6929
  • Longitude: -117.709

    Address

  • Full Address: 127 Ceremony
  • Address - House Number: 127
  • Address - Street Name: Ceremony
  • State: CA
  • City Name: Irvine
  • Carrier Code: C103
  • 4-Digit Zip Code: 0887
  • Zip Code: 92618

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $20,533
  • Tax Rate Code Area: 26-356

    Appraisal Valuation

  • Standard Deviation: 0.2054
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 72
  • Final Value: 2,449,210
  • High Value: 2,952,322
  • Low Value: 1,946,098

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,880,000
  • First Open Lien Mortgage Lender: EAST WEST BANK
  • First Open Lien Mortgage Recording Date: Jul 19, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $880,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2049
  • Second Open Lien Mortgage Lender: EAST WEST BANK
  • Second Open Lien Mortgage Recording Date: Aug 01, 2022
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $1,000,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,544,782
  • Assessed Land Value: $858,801
  • Assessed Improvements Value: $685,981

    Sales

  • Current Sale Contract Date: Apr 24, 2019
  • Current Sale Recording Date: Jul 19, 2019
  • Current Sale Transaction ID: 11625495240
  • Current Sale Price: $1,470,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019000261173
  • Previous Sale Recording Date: Mar 21, 2019
  • Previous Sale Contract Date: Mar 11, 2019
  • Previous Sale Amount: $4,934,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: EAST WEST BANK
  • First Mortgage Transaction Date: Jul 19, 2019
  • First Mortgage Loan Amount: $880,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Aug 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: IRVINE COMMUNITY DEVELOPMENT C
  • Previous Mortgage Transaction Date: Mar 21, 2019
  • Previous Mortgage Loan Amount: $200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 127 Ceremony located in?
The 127 Ceremony is a located in the neighborhood of Portola Springs in Portola Springs, Irvine.
What is the average sales price for listings in 127 Ceremony?
The average sales price for units in 127 Ceremony is $0 currently.

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