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6 Terraza

6 Terraza, Irvine, CA 92614
Property in Westpark
Sold Apr 21, 2010
$790,000
$570,000 by Provident Funding Associates L
Mortgage Due Dec 01, 2042
Sold Sep 20, 1994
$342,000
$242,000 by Chemical Bank
Mortgage Due Oct 01, 2024
6 Terraza 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 1989 and is 35 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. In addition, 6 Terraza has 2,477 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 3,740 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

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 400 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Apr 16, 2010 for $790,000. That's $318.93 per sqft. Prior to that sales transaction, the property was also sold in Aug 19, 1994 for $342,000. 6 Terraza was last assessed in 2023. The total value of the property was assessed at $980,145. Specifically, the land the property is located on was valued at $729,041. While improvements on the property were assessed at a total of $251,104. 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 $10,494. 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: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Building Style: Traditional
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,740
  • Total Building Area: 2,477
  • Building Area: 2,477
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,477
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.086
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 12713 BLK LOT 14

Ownership

  • Current Owner : CHENG YANG
  • Current Owner 2: YAN XIAOHONG
  • Previous Owner : SUNG NAKJOON
  • Previous Owner 2: SUNG JI SOON
  • Owner Before Previous Owner: ANDERSEN KENNETH R
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Irvine Unified School District
  • Census Tract: 052522

Geography

  • Assessors Map Reference: 28-F3
  • Subdivision Tract Number: 12713
  • Parcel: 447-424-15
  • Lot: 14
  • Latitude: 33.68
  • Longitude: -117.825

    Address

  • Full Address: 6 Terraza
  • Address - House Number: 6
  • Address - Street Name: Terraza
  • State: CA
  • City Name: Irvine
  • Carrier Code: C060
  • 4-Digit Zip Code: 8110
  • Zip Code: 92614

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,494
  • Tax Rate Code Area: 26-187

    Appraisal Valuation

  • Standard Deviation: 0.1885
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 75
  • Final Value: 1,736,074
  • High Value: 2,063,377
  • Low Value: 1,408,770

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $570,000
  • First Open Lien Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Open Lien Mortgage Recording Date: Nov 28, 2012
  • First Open Lien Mortgage Loan Amount: $570,000
  • 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: Dec 01, 2042

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $980,145
  • Assessed Land Value: $729,041
  • Assessed Improvements Value: $251,104

    Sales

  • Current Sale Contract Date: Apr 16, 2010
  • Current Sale Recording Date: Apr 21, 2010
  • Current Sale Transaction ID: 1038512047
  • Current Sale Price: $790,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2010000187296
  • Previous Sale Recording Date: Sep 20, 1994
  • Previous Sale Contract Date: Aug 19, 1994
  • Previous Sale Amount: $342,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CAPWEST MORTGAGE CORP
  • First Mortgage Transaction Date: Apr 21, 2010
  • First Mortgage Loan Amount: $630,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2040

    Previous Mortgages

  • Previous Mortgage Lender: CHEMICAL BANK
  • Previous Mortgage Transaction Date: Sep 20, 1994
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $242,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Oct 01, 2024

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Frequently Asked Questions

What neighborhood is 6 Terraza located in?
The 6 Terraza is a located in the neighborhood of Westpark in Westpark, Irvine.
What is the average sales price for listings in 6 Terraza?
The average sales price for units in 6 Terraza is $0 currently.

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