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50 Forbes

50 Forbes, Irvine, CA 92618
Property in Portola Springs
Sold Aug 22, 2016
$1,450,000
$100,000 by Qian Meng
Mortgage
50 Forbes has been categorized by the local assessors in Irvine, CA as a residential type of property. The building on the property was first built in 2012 and is 12 years old. The home has a total of 4 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. In addition, 50 Forbes has 2,962 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,064 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 424 sqft. According to our sources, there are a total of 2 available parking spaces. The property was last sold in Aug 17, 2016 for $1,450,000. That's $489.53 per sqft. 50 Forbes was last assessed in 2023. The total value of the property was assessed at $1,617,500. Specifically, the land the property is located on was valued at $1,004,443. While improvements on the property were assessed at a total of $613,057. 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 $16,726. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 424
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,064
  • Total Building Area: 2,962
  • Building Area: 2,962
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,962
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.185
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 16868 BLK LOT 1

Ownership

  • Current Owner : TANG XIUMENG
  • Previous Owner : ZHANG WEI
  • Previous Owner 2: MENG QIAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Irvine Unified School District
  • Census Tract: 052430

Geography

  • Subdivision Tract Number: 16868
  • Parcel: 580-281-30
  • Lot: 1
  • Latitude: 33.6989
  • Longitude: -117.717

    Address

  • Full Address: 50 Forbes
  • Address - House Number: 50
  • Address - Street Name: Forbes
  • State: CA
  • City Name: Irvine
  • Carrier Code: C079
  • 4-Digit Zip Code: 8878
  • Zip Code: 92618

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,726
  • Tax Rate Code Area: 26-292

    Appraisal Valuation

  • Standard Deviation: 0.2054
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 72
  • Final Value: 2,224,590
  • High Value: 2,681,562
  • Low Value: 1,767,619

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: QIAN MENG
  • First Open Lien Mortgage Recording Date: Aug 22, 2016
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back
  • First Open Lien Mortgage Private Lender: T

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,617,500
  • Assessed Land Value: $1,004,443
  • Assessed Improvements Value: $613,057

    Sales

  • Current Sale Contract Date: Aug 17, 2016
  • Current Sale Recording Date: Aug 22, 2016
  • Current Sale Transaction ID: 1744350222
  • Current Sale Price: $1,450,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2016000397134

    Last Sale Mortgage

  • First Mortgage Lender: QIAN MENG
  • First Mortgage Transaction Date: Aug 22, 2016
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back

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Frequently Asked Questions

What neighborhood is 50 Forbes located in?
The 50 Forbes is a located in the neighborhood of Portola Springs in Portola Springs, Irvine.
What is the average sales price for listings in 50 Forbes?
The average sales price for units in 50 Forbes is $0 currently.

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