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2702 Cherrywood

2702 Cherrywood, Irvine, CA 92618
Condo in Oak Park
Sold Apr 10, 2020
$462,000
$150,000 by United Wholesale Mortgage
Mortgage Due May 01, 2050
Sold Jan 10, 2017
$396,000
$297,000 by Wells Fargo Bank Na
Mortgage Due Feb 01, 2032
2702 Cherrywood is a condo located in Oak Park, Irvine. The building was first built in 2000 and is 24 years old.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 1 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 43 days and tend to sell above the original asking price of $459,800 by 0.48%. Meaning, listings tend to sell at a median of $511 price per square foot. The transaction that took the longest to complete was listed on Feb 27, 2020 for $459,800. This particular unit ultimately sold 43 days later for $462,000. The most recent transaction which was first advertised on Feb 27, 2020, sold for $462,000 on Apr 10, 2020. Fun fact, the oldest transaction we have on record took place on Apr 10, 2020. See the full transaction history for 2702 Cherrywood below.

Oak Park, where 2702 Cherrywood is located, has a median asking price of $670,000 for condo buildings. Meanwhile, the building itself has a median asking price of $459,800. For interested buyers, that means the building's median asking price is around 0.31% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Style: Condo
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 455
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 890
  • Building Area: 890
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 890
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAK PARK
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: N TR 15785 BLK LOT 1 UN 2702 TRACT 15785, LOT 1 OF PROJECT 934-63 LOCATED ON

Ownership

  • Current Owner : CHAH NAMY YOUNG
  • Previous Owner : ABRAMS STEVE Z
  • Previous Owner 2: KOREN GALI
  • Owner Before Previous Owner: KASHEFIPOUR BEHZAD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Irvine Unified School District
  • Census Tract: 052532

Geography

  • Subdivision Tract Number: 15785
  • Parcel: 934-631-31
  • Lot: 1
  • Latitude: 33.6676
  • Longitude: -117.781

    Address

  • Full Address: 2702 Cherrywood
  • Address - House Number: 2702
  • Address - Street Name: Cherrywood
  • State: CA
  • City Name: Irvine
  • Carrier Code: C062
  • 4-Digit Zip Code: 4083
  • Zip Code: 92618

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,214
  • Tax Rate Code Area: 26-087

    Appraisal Valuation

  • Standard Deviation: 0.1714
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 78
  • Final Value: 653,465
  • High Value: 765,519
  • Low Value: 541,411

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Apr 10, 2020
  • First Open Lien Mortgage Loan Amount: $150,000
  • 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: May 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $485,643
  • Assessed Land Value: $369,412
  • Assessed Improvements Value: $116,231

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 13, 2020
  • Current Sale Recording Date: Apr 10, 2020
  • Current Sale Transaction ID: 11754566186
  • Current Sale Price: $462,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020000163145
  • Previous Sale Recording Date: Jan 10, 2017
  • Previous Sale Contract Date: Dec 01, 2016
  • Previous Sale Amount: $396,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Apr 10, 2020
  • First Mortgage Loan Amount: $150,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jan 10, 2017
  • Previous Mortgage Loan Amount: $297,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2032

About Oak Creek



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Frequently Asked Questions

What neighborhood is 2702 Cherrywood located in?
The 2702 Cherrywood is a condo located in the neighborhood of Oak Park in Oak Creek, Irvine.
What is the average sales price for listings in 2702 Cherrywood?
The average sales price for units in 2702 Cherrywood is $459,800 , or $511/sqft. currently.

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