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8 Marsala

8 Marsala, Irvine, CA 92606
Property in Brindisi
Sold Apr 05, 2018
$770,000
$494,000 by Cathay Bank
Mortgage Due May 01, 2048
Sold Mar 09, 2005
$610,000
$488,000 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2035
8 Marsala in Irvine, CA was first built in 1994 and is 30 years old. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 8 Marsala has 1,194 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 2,250 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 433 sqft. There are a total of 2 available parking spaces. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 8 Marsala was last sold in Mar 12, 2018 for $770,000. According to our calculations, that's $644.89 per sqft. Prior to that sales transaction, the property was sold for $610,000 in Feb 8, 2005. Current property owners are expected to pay $9,058 in taxes per year. The property on 8 Marsala was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $842,106. To break that down further, the land itself was valued at $688,199. While improvements to the property were assessed at a total of $153,907. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 433
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,250
  • Total Building Area: 1,194
  • Building Area: 1,194
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,194
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.052
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 14788 BLK LOT 41

Ownership

  • Current Owner : WANG LIN
  • Previous Owner : MOLOO JALAL J
  • Previous Owner 2: MOLOO RESHMA
  • Owner Before Previous Owner: PARKER DEBORAH J

Neighborhood

  • School District Name: Irvine Unified School District
  • Census Tract: 052530

Geography

  • Assessors Map Reference: 29-A2
  • Subdivision Tract Number: 14788
  • Parcel: 434-162-26
  • Lot: 41
  • Latitude: 33.6913
  • Longitude: -117.813

    Address

  • Full Address: 8 Marsala
  • Address - House Number: 8
  • Address - Street Name: Marsala
  • State: CA
  • City Name: Irvine
  • Carrier Code: C022
  • 4-Digit Zip Code: 8832
  • Zip Code: 92606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,058
  • Tax Rate Code Area: 26-187

    Appraisal Valuation

  • Standard Deviation: 0.1596
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 80
  • Final Value: 1,165,629
  • High Value: 1,351,756
  • Low Value: 979,502

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $494,000
  • First Open Lien Mortgage Lender: CATHAY BANK
  • First Open Lien Mortgage Recording Date: Apr 05, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $494,000
  • 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: May 01, 2048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $842,106
  • Assessed Land Value: $688,199
  • Assessed Improvements Value: $153,907

    Sales

  • Current Sale Contract Date: Mar 12, 2018
  • Current Sale Recording Date: Apr 05, 2018
  • Current Sale Transaction ID: 11444188767
  • Current Sale Price: $770,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2018000121659
  • Previous Sale Recording Date: Mar 09, 2005
  • Previous Sale Contract Date: Feb 08, 2005
  • Previous Sale Amount: $610,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Mar 09, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $488,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2035

About Westpark



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Frequently Asked Questions

What neighborhood is 8 Marsala located in?
The 8 Marsala is a located in the neighborhood of Brindisi in Westpark, Irvine.
What is the average sales price for listings in 8 Marsala?
The average sales price for units in 8 Marsala is $0 currently.

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