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59 Valley Terrace

59 Valley Terrace, Irvine, CA 92603
Sold Jun 09, 2016
$1,860,000
$1,300,000 by Bank Of America Na
Mortgage Due Jul 01, 2046
Sold Dec 05, 2012
$1,500,000
$900,000 by East West Bank
Mortgage Due Jan 01, 2043
59 Valley Terrace in Irvine, CA was first built in 2003 and is 21 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. 59 Valley Terrace has 3,140 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 5,257 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 584 sqft. There are a total of 2 available parking spaces. The property was last sold in Jun 6, 2016 for $1,860,000. That's $592.36 per sqft. Prior to that sales transaction, the property was also sold in Oct 5, 2012 for $1,500,000. 59 Valley Terrace was last assessed in 2023. The total value of the property was assessed at $2,116,360. Specifically, the land the property is located on was valued at $1,553,528. While improvements on the property were assessed at a total of $562,832. 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 $25,907. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 584
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,257
  • Total Building Area: 3,140
  • Building Area: 3,140
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,140
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TURTLE RIDGE FLORE
  • Land Acres: 0.121
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 16312 BLK LOT 413

Ownership

  • Current Owner : FARBOUD KAVEH
  • Current Owner 2: MASSOUMI MANDANA
  • Previous Owner : SUN SHAO HUA
  • Previous Owner 2: ZHONG YAN
  • Owner Before Previous Owner: MOSELEY VINCENT EVANS
  • Owner Before Previous Owner 2: MOSELEY SHARON
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Irvine Unified School District
  • Census Tract: 062655

Geography

  • Subdivision Tract Number: 16312
  • Parcel: 478-301-03
  • Lot: 413
  • Latitude: 33.629
  • Longitude: -117.812

    Address

  • Full Address: 59 Valley Ter
  • Address - House Number: 59
  • Address - Street Name: Valley
  • Address - Suffix Type: Ter
  • State: CA
  • City Name: Irvine
  • Carrier Code: C002
  • 4-Digit Zip Code: 0206
  • Zip Code: 92603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $25,907
  • Tax Rate Code Area: 26-366

    Appraisal Valuation

  • Standard Deviation: 0.193
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 74
  • Final Value: 3,046,453
  • High Value: 3,634,624
  • Low Value: 2,458,283

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,300,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jun 09, 2016
  • First Open Lien Mortgage Loan Amount: $1,300,000
  • 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: Jul 01, 2046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,116,360
  • Assessed Land Value: $1,553,528
  • Assessed Improvements Value: $562,832

    Sales

  • Current Sale Contract Date: Jun 06, 2016
  • Current Sale Recording Date: Jun 09, 2016
  • Current Sale Transaction ID: 1598164288
  • Current Sale Price: $1,860,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2016000261172
  • Previous Sale Recording Date: Dec 05, 2012
  • Previous Sale Contract Date: Oct 05, 2012
  • Previous Sale Amount: $1,500,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jun 09, 2016
  • First Mortgage Loan Amount: $1,300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: EAST WEST BANK
  • Previous Mortgage Transaction Date: Dec 05, 2012
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $900,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jan 01, 2043

About Turtle Ridge



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Frequently Asked Questions

What neighborhood is 59 Valley Terrace located in?
The 59 Valley Terrace is a located in the neighborhood of Summit at Turtle Ridge in Turtle Ridge, Irvine.
What is the average sales price for listings in 59 Valley Terrace?
The average sales price for units in 59 Valley Terrace is $0 currently.

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