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5 Modesto

5 Modesto, Irvine, CA 92602
Property in Northpark
Sold Jul 20, 2021
$1,350,000
$1,462,500 by Cornerstone First Mortgage Inc
Mortgage Due Apr 01, 2052
Sold May 05, 2010
$985,000
$591,000 by East West Bank
Mortgage Due Jun 01, 2040
5 Modesto in Irvine, CA was first built in 2001 and is 23 years old. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 5 Modesto has 2,905 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 5,200 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 436 sqft. There are a total of 2 available parking spaces. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a gas heating system and being fueled with gas. The property was last sold in May 27, 2021 for $1,350,000. That's $464.72 per sqft. Prior to that sales transaction, the property was also sold in Apr 1, 2010 for $985,000. 5 Modesto was last assessed in 2023. The total value of the property was assessed at $1,377,000. Specifically, the land the property is located on was valued at $922,232. While improvements on the property were assessed at a total of $454,768. 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 $15,731. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 436
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,200
  • Total Building Area: 2,905
  • Building Area: 2,905
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Gas
  • Heated Square Feet: 2,905
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT 15978
  • Land Acres: 0.119
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 15978 BLK LOT 60

Ownership

  • Current Owner : TELLO JANIS
  • Previous Owner : BUI NGOC TUAN
  • Previous Owner 2: NGUYEN THANH H
  • Owner Before Previous Owner: KIM CHANG MUN
  • Owner Before Previous Owner 2: SUH MOON OK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Tustin Unified School District
  • Census Tract: 052435

Geography

  • Subdivision Tract Number: 15978
  • Parcel: 530-901-48
  • Lot: 60
  • Latitude: 33.7327
  • Longitude: -117.766

    Address

  • Full Address: 5 Modesto
  • Address - House Number: 5
  • Address - Street Name: Modesto
  • State: CA
  • City Name: Irvine
  • Carrier Code: C063
  • 4-Digit Zip Code: 0929
  • Zip Code: 92602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,731
  • Tax Rate Code Area: 26-216

    Appraisal Valuation

  • Standard Deviation: 0.1733
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 77
  • Final Value: 1,961,363
  • High Value: 2,301,404
  • Low Value: 1,621,321

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,462,500
  • First Open Lien Mortgage Lender: CORNERSTONE FIRST MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Mar 17, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,462,500
  • 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: Apr 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,377,000
  • Assessed Land Value: $922,232
  • Assessed Improvements Value: $454,768

    Sales

  • Current Sale Contract Date: May 27, 2021
  • Current Sale Recording Date: Jul 20, 2021
  • Current Sale Transaction ID: 11843776584
  • Current Sale Price: $1,350,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021000464154
  • Previous Sale Recording Date: May 05, 2010
  • Previous Sale Contract Date: Apr 01, 2010
  • Previous Sale Amount: $985,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: INTERNATIONAL CITY MORTGAGE IN
  • First Mortgage Transaction Date: Jul 20, 2021
  • First Mortgage Loan Amount: $1,080,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: EAST WEST BANK
  • Previous Mortgage Transaction Date: May 05, 2010
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $591,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2040

About Lower Peters Canyon



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Frequently Asked Questions

What neighborhood is 5 Modesto located in?
The 5 Modesto is a located in the neighborhood of Northpark in Lower Peters Canyon, Irvine.
What is the average sales price for listings in 5 Modesto?
The average sales price for units in 5 Modesto is $0 currently.

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