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8 Gardenia

8 Gardenia, Irvine, CA 92620
Property in Arbor Crest West
Sold Apr 20, 2021
$1,960,000
Buyer
Seller
$1,470,000 by Citibank Na
Mortgage Due May 01, 2051
Sold Feb 24, 2016
$1,500,000
Buyer
Seller
Local assessors in Irvine, CA have categorized 8 Gardenia as a residential type of property. The home was built in 1997 and is 27 years old. The property's lot size has been calculated to be 9,069 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, 4 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 2 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 8 Gardenia has a total of 2,909 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 687 sqft. There are 3 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, 8 Gardenia sold most recently in Mar 3, 2021 for a total of $1,960,000. If you work out the math, that's approximately a cost of $673.77 per sqft. Before that, the property was also sold for $1,500,000 in Feb 19, 2016. 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 $21,605 in taxes each year. 8 Gardenia was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,039,184. If we break it down further, the land itself was valued at $1,576,559. Improvements to the property, however, were assessed at a total of $462,625. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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.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: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 687
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 9,069
  • Total Building Area: 2,909
  • Building Area: 2,909
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,909
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 15156
  • Land Acres: 0.208
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 15156 BLK LOT 3

Ownership

  • Current Owner : WEI LANTING
  • Previous Owner : YU LEI
  • Previous Owner 2: DENG MO
  • Owner Before Previous Owner: LEMKIN JOY F
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Irvine Unified School District
  • Census Tract: 052436

Geography

  • Assessors Map Reference: 831-A6
  • Subdivision Tract Number: 15156
  • Parcel: 530-431-61
  • Lot: 3
  • Latitude: 33.7242
  • Longitude: -117.752

    Address

  • Full Address: 8 Gardenia
  • Address - House Number: 8
  • Address - Street Name: Gardenia
  • State: CA
  • City Name: Irvine
  • Carrier Code: C002
  • 4-Digit Zip Code: 1983
  • Zip Code: 92620

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $21,605
  • Tax Rate Code Area: 26-201

    Appraisal Valuation

  • Standard Deviation: 0.1872
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 75
  • Final Value: 2,371,760
  • High Value: 2,815,822
  • Low Value: 1,927,698

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,470,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Apr 20, 2021
  • First Open Lien Mortgage Loan Amount: $1,470,000
  • 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: May 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,039,184
  • Assessed Land Value: $1,576,559
  • Assessed Improvements Value: $462,625

    Sales

  • Current Sale Contract Date: Mar 03, 2021
  • Current Sale Recording Date: Apr 20, 2021
  • Current Sale Transaction ID: 11831879864
  • Current Sale Price: $1,960,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021000263629
  • Previous Sale Recording Date: Feb 24, 2016
  • Previous Sale Contract Date: Feb 19, 2016
  • Previous Sale Amount: $1,500,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Apr 20, 2021
  • First Mortgage Loan Amount: $1,470,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

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Frequently Asked Questions

What neighborhood is 8 Gardenia located in?
The 8 Gardenia is a located in the neighborhood of Arbor Crest West in Northwood Point, Irvine.
What is the average sales price for listings in 8 Gardenia?
The average sales price for units in 8 Gardenia is $0 currently.

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