Check Availability

32 Palmatum

32 Palmatum, Irvine, CA 92620
Property in Park Paseo
Sold May 12, 2021
$1,310,000
$967,400 by Us Bank Na
Mortgage Due Jun 01, 2051
Sold Jun 16, 2014
$1,050,000
$944,895 by Compass Bank
Mortgage Due Jul 01, 2044
Local assessors in Irvine, CA have categorized 32 Palmatum as a residential type of property. The home was built in 1979 and is 45 years old. The property's lot size has been calculated to be 5,400 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a contemporary style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 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 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 32 Palmatum has a total of 2,474 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 471 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a roof that is made of wood shake/ shingles. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a gas heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Apr 20, 2021 for $1,310,000. That's $529.51 per sqft. Prior to that sales transaction, the property was also sold in May 2, 2014 for $1,050,000. 32 Palmatum was last assessed in 2023. The total value of the property was assessed at $1,362,924. Specifically, the land the property is located on was valued at $1,153,400. While improvements on the property were assessed at a total of $209,524. 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 $14,223. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 471
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,400
  • Total Building Area: 2,474
  • Gross Building Area: 2,945
  • Building Area: 2,474
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Gas
  • Heated Square Feet: 2,474
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 9364
  • Land Acres: 0.124
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 9364 BLK LOT 27

Ownership

  • Current Owner : CHI WINSTON E
  • Current Owner 2: CHI ANNIE Y
  • Previous Owner : CHEN KWONG HOWARD
  • Previous Owner 2: CHEN JOSEPHINE HUAI
  • Owner Before Previous Owner: SCANLAN MICHAEL L
  • Owner Before Previous Owner 2: SCANLAN CHRISTEL M
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Irvine Unified School District
  • Census Tract: 052421

Geography

  • Assessors Map Reference: 24-F5
  • Subdivision Tract Number: 9364
  • Parcel: 530-013-17
  • Lot: 27
  • Latitude: 33.7188
  • Longitude: -117.76

    Address

  • Full Address: 32 Palmatum
  • Address - House Number: 32
  • Address - Street Name: Palmatum
  • State: CA
  • City Name: Irvine
  • Carrier Code: C025
  • 4-Digit Zip Code: 1862
  • Zip Code: 92620

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,223
  • Tax Rate Code Area: 26-104

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 77
  • Final Value: 1,887,661
  • High Value: 2,222,167
  • Low Value: 1,553,155

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,167,400
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: May 12, 2021
  • First Open Lien Mortgage Loan Amount: $967,400
  • 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
  • Second Open Lien Mortgage Lender: THIRD FEDERAL S&L ASSOCIATION
  • Second Open Lien Mortgage Recording Date: Nov 09, 2023
  • Second Open Lien Mortgage Loan Amount: $200,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,362,924
  • Assessed Land Value: $1,153,400
  • Assessed Improvements Value: $209,524

    Sales

  • Current Sale Contract Date: Apr 20, 2021
  • Current Sale Recording Date: May 12, 2021
  • Current Sale Transaction ID: 11835077558
  • Current Sale Price: $1,310,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021000316764
  • Previous Sale Recording Date: Jun 16, 2014
  • Previous Sale Contract Date: May 02, 2014
  • Previous Sale Amount: $1,050,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: May 12, 2021
  • First Mortgage Loan Amount: $967,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: COMPASS BANK
  • Previous Mortgage Transaction Date: Jun 16, 2014
  • Previous Mortgage Loan Amount: $944,895
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2044

About Northwood



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 236 Pineview, Irvine, CA, 92620

$2,500 /mo

  • 1 Bed
  • 1 Bath
  • 685 ft²
236 Pineview #5A, Irvine, CA, 92620 Listing by Marina Power-Kohout
Unit for rent at 225 Springview, Irvine, CA, 92620

$2,400 /mo

  • 1 Bed
  • 1 Bath
  • 633 ft²
225 Springview, Irvine, CA, 92620 Listing by Johnathan Chao
Unit for rent at 2800 Keller Drive, Tustin, CA, 92782

$2,375 /mo

  • 1 Bed
  • 1 Bath
  • 578 ft²
2800 Keller Drive #266, Tustin, CA, 92782 Listing by Sharon Harboldt

Frequently Asked Questions

What neighborhood is 32 Palmatum located in?
The 32 Palmatum is a located in the neighborhood of Park Paseo in Northwood, Irvine.
What is the average sales price for listings in 32 Palmatum?
The average sales price for units in 32 Palmatum is $0 currently.

Nearby Counties
Quantcast