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56 Bay Laurel

56 Bay Laurel, Irvine, CA 92618
1 Units For Sale
Unit for sale at 56 Bay Laurel, Irvine, CA 92620

$1,350,000

  • 4 Beds
  • 3 Baths
  • 1,523 ft²
56 Bay Laurel, Irvine, CA 92620 Listing by Ling Li, Yiming Yu

56 Bay Laurel is a condo located in Irvine Spectrum, Irvine. The building was first built in 2016 and is 10 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 3 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 63 days and tend to sell above the original asking price of $1,098,000 by 18.40%. Meaning, listings tend to sell at a median of $732 price per square foot. The transaction that took the longest to complete was listed on Apr 27, 2022 for $1,098,000. This particular unit ultimately sold 63 days later for $1,300,000. The most recent transaction which was first advertised on Apr 27, 2022, sold for $1,300,000 on Jun 29, 2022. Fun fact, the oldest transaction we have on record took place on May 17, 2016. See the full transaction history for 56 Bay Laurel below.

Irvine Spectrum, where 56 Bay Laurel is located, has a median asking price of $1,425,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,098,000. For interested buyers, that means the building's median asking price is around 0.23% 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.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $1,350,000. It is a 1,523 sqft 4-bedroom and 3-bathroom unit.

Building Features

Exterior

Block Exterior
Stucco Exterior

Parking

Covered Parking
Garage Parking
Attached Garage

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20220427
04/27/2022
4 Bed
3 Bath
1500 ft²
$1,098,000
bedrooms
4 Bed
bathrooms
3 Bath
square feet
1500 ft²
$1,300,000 +18.40%
06/29/2022
Nick Nguyen
Prism Link Properties


Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 29
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 431
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,469
  • Building Area: 1,469
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,469
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ZINNIA
  • Standard Land Use Code: 1004
  • County Land Use Code: 1
  • Legal Description 1: N TR 17753 BLK LOT 13 UN 140 LOT 13 OF TRACT 17753 OF CONDO PROJECT 931-32

Neighborhood

  • School District Name: Irvine Unified School District
  • Census Tract: 052433

Geography

  • Subdivision Tract Number: 17753
  • Parcel: 931-321-60
  • Lot: 13
  • Latitude: 33.682
  • Longitude: -117.757

    Address

  • Full Address: 56 Bay Laurel
  • Address - House Number: 56
  • Address - Street Name: Bay Laurel
  • State: CA
  • City Name: Irvine
  • Carrier Code: C035
  • 4-Digit Zip Code: 3111
  • Zip Code: 92620

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,651,724
  • Tax Rate Code Area: 26-339

    Appraisal Valuation

  • Standard Deviation: 0.1674
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 78
  • Final Value: 1,365,048
  • High Value: 1,593,600
  • Low Value: 1,136,497

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,326,000
  • Assessed Land Value: $1,059,252
  • Assessed Improvements Value: $266,748

    Sales

  • Current Sale Contract Date: Jun 27, 2022
  • Current Sale Recording Date: Jun 29, 2022
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 231535
  • Previous Sale Recording Date: May 17, 2016
  • Previous Sale Contract Date: Apr 25, 2016
  • Previous Sale Amount: $677,000
  • Previous Sale Document Type: 36

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Irvine Spectrum



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Frequently Asked Questions

What neighborhood is 56 Bay Laurel located in?
The 56 Bay Laurel is a condo located in the neighborhood of Irvine Spectrum in Irvine Spectrum, Irvine.
How many listings are currently for sale in 56 Bay Laurel?
There is a listing currently on the market for sale.
What is the average sales price for listings in 56 Bay Laurel?
The average sales price for units in 56 Bay Laurel is $1,098,000 , or $732/sqft. currently.

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