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58 Ivory Petal

58 Ivory Petal, Irvine, CA 92620
Property in Irvine Spectrum
Sold Sep 01, 2020
$1,010,000
Buyer
Seller
$606,000 by East West Bank
Mortgage Due Sep 01, 2050
Sold May 05, 2015
$804,500
$562,000 by Cathay Bank
Mortgage Due Jun 01, 2030
Local assessors in Irvine, CA have categorized 58 Ivory Petal as a residential type of property. The home was built in 2015 and is 9 years old. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. 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, 3 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 58 Ivory Petal has a total of 2,052 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 460 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, 58 Ivory Petal sold most recently in Jul 22, 2020 for a total of $1,010,000. If you work out the math, that's approximately a cost of $492.20 per sqft. Before that, the property was also sold for $804,500 in Jan 14, 2015. 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 $13,799 in taxes each year. 58 Ivory Petal was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,050,804. If we break it down further, the land itself was valued at $677,070. Improvements to the property, however, were assessed at a total of $373,734. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Condo
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 460
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 2,052
  • Building Area: 2,052
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,052
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JASMINE
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: N TR 17515 BLK LOT 14 UN 72 LOT 14 OF TRACT 17515 OF CONDO PROJECT 931-31

Ownership

  • Current Owner : HUANG KUN
  • Previous Owner : BAI JING
  • Owner Before Previous Owner: IRVINE PACIFIC LP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Irvine Unified School District
  • Census Tract: 052433

Geography

  • Subdivision Tract Number: 17515
  • Parcel: 931-313-49
  • Lot: 14
  • Latitude: 33.6825
  • Longitude: -117.759

    Address

  • Full Address: 58 Ivory Petal
  • Address - House Number: 58
  • Address - Street Name: Ivory Petal
  • State: CA
  • City Name: Irvine
  • Carrier Code: C035
  • 4-Digit Zip Code: 3101
  • Zip Code: 92620

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,799
  • Tax Rate Code Area: 26-339

    Appraisal Valuation

  • Standard Deviation: 0.1732
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 77
  • Final Value: 1,429,168
  • High Value: 1,676,802
  • Low Value: 1,181,534

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $606,000
  • First Open Lien Mortgage Lender: EAST WEST BANK
  • First Open Lien Mortgage Recording Date: Sep 01, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $606,000
  • 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: Sep 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,050,804
  • Assessed Land Value: $677,070
  • Assessed Improvements Value: $373,734

    Sales

  • Current Sale Contract Date: Jul 22, 2020
  • Current Sale Recording Date: Sep 01, 2020
  • Current Sale Transaction ID: 11784994109
  • Current Sale Price: $1,010,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020000458520
  • Previous Sale Recording Date: May 05, 2015
  • Previous Sale Contract Date: Jan 14, 2015
  • Previous Sale Amount: $804,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: EAST WEST BANK
  • First Mortgage Transaction Date: Sep 01, 2020
  • First Mortgage Loan Amount: $606,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: CATHAY BANK
  • Previous Mortgage Transaction Date: May 05, 2015
  • Previous Mortgage Loan Amount: $562,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2030

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Frequently Asked Questions

What neighborhood is 58 Ivory Petal located in?
The 58 Ivory Petal is a located in the neighborhood of Irvine Spectrum in Irvine Spectrum, Irvine.
What is the average sales price for listings in 58 Ivory Petal?
The average sales price for units in 58 Ivory Petal is $0 currently.

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