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202 Terrapin

202 Terrapin, Irvine, CA 92618
Sold May 10, 2018
$751,500
$560,000 by Bay Valley Mortgage Group
Mortgage Due Dec 01, 2049
Sold May 09, 2018
$854,500
$640,000 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2048
Local assessors in Irvine, CA have categorized 202 Terrapin as a residential type of property. The home was built in 2017 and is 7 years old. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. 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, 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 3 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 202 Terrapin has a total of 1,866 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, 202 Terrapin sold most recently in Mar 29, 2018 for a total of $751,500. If you work out the math, that's approximately a cost of $402.73 per sqft. Before that, the property was also sold for $854,500 in Mar 29, 2018. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $13,939 in taxes each year. 202 Terrapin was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $764,239. If we break it down further, the land itself was valued at $444,563. Improvements to the property, however, were assessed at a total of $319,676. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Style: Condo
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 430
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,866
  • Building Area: 1,866
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,866
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: N TR 17900 BLK LOT 8 UN 35 LOT 8 OF TRACT 17900 OF CONDO PROJECT 930-19

Ownership

  • Current Owner : KUO RYAN DANIEL
  • Current Owner 2: KUO JENNIFER HOU
  • Previous Owner : THE NEW HOME COMPANY SOUTHER CALIFORNIA
  • Owner Before Previous Owner: THE NEW HOME COMPANY SOUTHERN CALIFORNIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Subdivision Tract Number: 17900
  • Parcel: 930-192-05
  • Lot: 8
  • Latitude: 33.6811
  • Longitude: -117.738

    Address

  • Full Address: 202 Terrapin
  • Address - House Number: 202
  • Address - Street Name: Terrapin
  • State: CA
  • City Name: Irvine
  • Carrier Code: C095
  • 4-Digit Zip Code: 0855
  • Zip Code: 92618

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,939
  • Tax Rate Code Area: 26-248

    Appraisal Valuation

  • Standard Deviation: 0.2054
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 72
  • Final Value: 1,322,698
  • High Value: 1,594,404
  • Low Value: 1,050,992

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $560,000
  • First Open Lien Mortgage Lender: BAY VALLEY MORTGAGE GROUP
  • First Open Lien Mortgage Recording Date: Dec 04, 2019
  • First Open Lien Mortgage Loan Amount: $560,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $764,239
  • Assessed Land Value: $444,563
  • Assessed Improvements Value: $319,676

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 29, 2018
  • Current Sale Recording Date: May 10, 2018
  • Current Sale Transaction ID: 11463659948
  • Current Sale Price: $751,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2018000169328
  • Previous Sale Recording Date: May 09, 2018
  • Previous Sale Contract Date: Mar 29, 2018
  • Previous Sale Amount: $854,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: May 10, 2018
  • First Mortgage Loan Amount: $455,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: May 09, 2018
  • Previous Mortgage Loan Amount: $640,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2048

About Orange County Great Park



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Frequently Asked Questions

What neighborhood is 202 Terrapin located in?
The 202 Terrapin 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 202 Terrapin?
The average sales price for units in 202 Terrapin is $0 currently.

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