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128 Summerland

128 Summerland, Irvine, CA 92602
Property in Orchard Hills
Sold Jun 08, 2021
$1,619,000
$1,214,250 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2051
Local assessors in Irvine, CA have categorized 128 Summerland 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 3,922 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 128 Summerland has a total of 2,532 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 430 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, 128 Summerland sold most recently in Apr 30, 2021 for a total of $1,619,000. If you work out the math, that's approximately a cost of $639.42 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 $21,412 in taxes each year. 128 Summerland was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,684,407. If we break it down further, the land itself was valued at $1,067,214. Improvements to the property, however, were assessed at a total of $617,193. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 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: 430
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,922
  • Total Building Area: 2,532
  • Building Area: 2,532
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,532
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 18013
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 18013 BLK LOT 72

Ownership

  • Current Owner : QIN JING
  • Current Owner 2: HSU RYAN CHRISTOPHER
  • Previous Owner : IRVINE PACIFIC LP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Tustin Unified School District
  • Census Tract: 052437

Geography

  • Subdivision Tract Number: 18013
  • Parcel: 527-471-50
  • Lot: 72
  • Latitude: 33.7314
  • Longitude: -117.742

    Address

  • Full Address: 128 Summerland
  • Address - House Number: 128
  • Address - Street Name: Summerland
  • State: CA
  • City Name: Irvine
  • Carrier Code: C065
  • 4-Digit Zip Code: 1876
  • Zip Code: 92602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $21,412
  • Tax Rate Code Area: 26-318

    Appraisal Valuation

  • Standard Deviation: 0.1684
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 78
  • Final Value: 2,175,473
  • High Value: 2,541,824
  • Low Value: 1,809,122

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,214,250
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 08, 2021
  • First Open Lien Mortgage Loan Amount: $1,214,250
  • 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: $1,684,407
  • Assessed Land Value: $1,067,214
  • Assessed Improvements Value: $617,193

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 30, 2021
  • Current Sale Recording Date: Jun 08, 2021
  • Current Sale Transaction ID: 11838231910
  • Current Sale Price: $1,619,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021000380666

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 08, 2021
  • First Mortgage Loan Amount: $1,214,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

About Orchard Hills



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Frequently Asked Questions

What neighborhood is 128 Summerland located in?
The 128 Summerland is a located in the neighborhood of Orchard Hills in Orchard Hills, Irvine.
What is the average sales price for listings in 128 Summerland?
The average sales price for units in 128 Summerland is $0 currently.

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