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129 Measure

129 Measure, Irvine, CA 92618
Sold May 21, 2021
$2,670,000
$1,800,000 by Finance Of America Mortgage Ll
Mortgage Due Jun 01, 2051
Sold Aug 30, 2019
$5,820,500
Local assessors in Irvine, CA have categorized 129 Measure as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 8,953 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 129 Measure has a total of 3,754 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 434 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 129 Measure was last sold in May 5, 2021 for $2,670,000. According to our calculations, that's $711.24 per sqft. Prior to that sales transaction, the property was sold for $5,820,500 in Aug 27, 2019. Current property owners are expected to pay $42,746 in taxes per year. The property on 129 Measure was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,777,856. To break that down further, the land itself was valued at $1,688,084. While improvements to the property were assessed at a total of $1,089,772. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 434
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,953
  • Total Building Area: 3,754
  • Building Area: 3,754
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,754
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT 17896
  • Land Acres: 0.206
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 17884 BLK LOT 10

Ownership

  • Current Owner : LEE BRIAN WON
  • Current Owner 2: LEE CHRISTINE HYUNJU
  • Previous Owner : LENNAR HOMES OF CALIFORNIA INC
  • Owner Before Previous Owner: CDCG 4 LEN 1 LP
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Irvine Unified School District
  • Census Tract: 052439

Geography

  • Subdivision Tract Number: 17884
  • Parcel: 580-821-21
  • Lot: 10
  • Latitude: 33.6844
  • Longitude: -117.724

    Address

  • Full Address: 129 Measure
  • Address - House Number: 129
  • Address - Street Name: Measure
  • State: CA
  • City Name: Irvine
  • Carrier Code: C104
  • 4-Digit Zip Code: 1305
  • Zip Code: 92618

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $42,746
  • Tax Rate Code Area: 26-248

    Appraisal Valuation

  • Standard Deviation: 0.2054
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 72
  • Final Value: 2,854,583
  • High Value: 3,440,966
  • Low Value: 2,268,200

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,800,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: May 21, 2021
  • First Open Lien Mortgage Loan Amount: $1,800,000
  • 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: Jun 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,777,856
  • Assessed Land Value: $1,688,084
  • Assessed Improvements Value: $1,089,772

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 05, 2021
  • Current Sale Recording Date: May 21, 2021
  • Current Sale Transaction ID: 11836214298
  • Current Sale Price: $2,670,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021000337264
  • Previous Sale Recording Date: Aug 30, 2019
  • Previous Sale Contract Date: Aug 27, 2019
  • Previous Sale Amount: $5,820,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: May 21, 2021
  • First Mortgage Loan Amount: $1,800,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: HERITAGE FIELDS EL TORO LLC
  • Previous Mortgage Transaction Date: Aug 30, 2019
  • Previous Mortgage Loan Type: Commercial

About Orange County Great Park



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Frequently Asked Questions

What neighborhood is 129 Measure located in?
The 129 Measure is a located in the neighborhood of Orange County Great Park in Orange County Great Park, Irvine.
What is the average sales price for listings in 129 Measure?
The average sales price for units in 129 Measure is $0 currently.

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