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62 Kite

62 Kite, Irvine, CA 92618
Sold Dec 06, 2018
$1,812,500
$1,359,100 by Hsbc Bank Usa
Mortgage Due Jan 01, 2049
Local assessors in Irvine, CA have categorized 62 Kite as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 5,353 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 5 full bathrooms. There are also 6 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 62 Kite has a total of 4,469 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 420 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 62 Kite sold most recently in Nov 21, 2018 for a total of $1,812,500. If you work out the math, that's approximately a cost of $405.57 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $35,904 in taxes each year. 62 Kite was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,942,976. If we break it down further, the land itself was valued at $768,941. Improvements to the property, however, were assessed at a total of $1,174,035. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,353
  • Total Building Area: 4,469
  • Building Area: 4,469
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,469
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT 18031
  • Land Acres: 0.123
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 18031 BLK LOT 42

Ownership

  • Current Owner : WANG WENHUI
  • Previous Owner : TOLL CA XII LP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Irvine Unified School District
  • Census Tract: 052438

Geography

  • Subdivision Tract Number: 18031
  • Parcel: 591-441-42
  • Lot: 42
  • Latitude: 33.6841
  • Longitude: -117.708

    Address

  • Full Address: 62 Kite
  • Address - House Number: 62
  • Address - Street Name: Kite
  • State: CA
  • City Name: Irvine
  • Carrier Code: C098
  • 4-Digit Zip Code: 1329
  • Zip Code: 92618

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $35,904
  • Tax Rate Code Area: 26-185

    Appraisal Valuation

  • Standard Deviation: 0.2054
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 72
  • Final Value: 2,970,261
  • High Value: 3,580,407
  • Low Value: 2,360,115

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $2,675,100
  • First Open Lien Mortgage Lender: HSBC BANK USA
  • First Open Lien Mortgage Recording Date: Dec 06, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,359,100
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2049
  • Second Open Lien Mortgage Lender: HSBC BANK USA
  • Second Open Lien Mortgage Recording Date: Oct 13, 2020
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $1,316,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Interest Rate Type: Y
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,942,976
  • Assessed Land Value: $768,941
  • Assessed Improvements Value: $1,174,035

    Sales

  • Current Sale Contract Date: Nov 21, 2018
  • Current Sale Recording Date: Dec 06, 2018
  • Current Sale Transaction ID: 11541788872
  • Current Sale Price: $1,812,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2018000456986

    Last Sale Mortgage

  • First Mortgage Lender: HSBC BANK USA
  • First Mortgage Transaction Date: Dec 06, 2018
  • First Mortgage Loan Amount: $1,359,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jan 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Orange County Great Park



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Frequently Asked Questions

What neighborhood is 62 Kite located in?
The 62 Kite is a located in the neighborhood of Orange County Great Park in Orange County Great Park, Irvine.
What is the average sales price for listings in 62 Kite?
The average sales price for units in 62 Kite is $0 currently.

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