Category Archives: News

Closed Sales from 5/10/2012-5/16/2012

Date Sold Address Zip Tract Sold Price Beds Sq Ft
Airport Area
5/10/12 3405 Watermark Pl 92612 Watermarke $350,000 2 1132
5/10/12 8031 Scholarship 92612 The Plaza (5000 & 8000) $722,000 2 1675
5/10/12 702 Rockefeller 92612 Chelsea $658,000 3 2056
5/14/12 3031 Scholarship 92612 3000 The Plaza $615,000 2 1445
5/14/12 5122 Scholarship 92612 The Plaza (5000 & 8000) $1,020,000 2 1930
Columbus Grove
5/15/12 56 Fringe Tree 92606 Kensington Court $550,000 4 2685
El Camino Real
5/10/12 4511 Charleville Cir 92604 Willows $688,000 6 3000
5/15/12 136 Kazan St 4 92604 Walnut Square $195,000 2 864
Northpark
5/12/12 7 Evensen 92620 Vintners Reserve $655,000 4 2400
5/15/12 1206 Terra Bella 92602 Terra Bella $305,000 2 1208
Northwood
5/10/12 255 Pineview 92620 Lakes, The $286,000 2 1204
5/14/12 72 Monroe 92620 Timberline $342,000 3 1325
5/14/12 13802 Typee Way 92620 Racquet Club $627,000 4 2260
5/15/12 33 Lakepines 92620 othr $185,000 1 934
Oak Creek
5/14/12 1303 Elk Grv 92618 Oak Park $365,000 2 1200
Orangetree
5/11/12 80 Lemon #274 92618 Lake Condos $140,000 1 471
5/12/12 42 Orange Blossom 92618 Lake Condos $149,500 1 717
Portola Springs
5/11/12 21 Tree Clover 92618 Los Arboles $635,000 3 2003
5/11/12 32 Land Grant 92618 Other $580,000 4 2044
5/15/12 58 Prickly Pear 92618 Other $672,888 4 2331
Quail Hill
5/11/12 312 Dewdrop 92603 Jasmine $350,000 2 1155
5/11/12 126 Treehouse 92603 Olivos $1,299,000 4 2964
5/13/12 66 Vermillion 92603 Jasmine $410,000 2 1181
5/15/12 103 Tall Oak 92603 Ivy Wreath $645,000 3 1736
5/16/12 205 Dewdrop 92603 Jasmine $450,000 3 1450
Turtle Ridge
5/16/12 42 Cezanne 92603 Chaumont $1,803,000 5 3900
Turtle Rock
5/16/12 25 Cactus 92603 Shady Canyon Custom $5,550,000 5 8246
University Park
5/11/12 86 Sequoia Tree Ln 92612 Garden Homes $470,000 3 1213
Walnut
5/10/12 58 Riverstone 64 92606 Windwood Garden $505,000 3 1714
5/11/12 3932 Banyan St 92606 College Park $595,000 4 1897
West Irvine
5/11/12 15 ELIZABETH LANE 92602 Briarwood $800,000 4 2872
5/11/12 5 Hollyhock Dr 92602 Glen Willows $610,000 3 1700
5/16/12 33 Moonstone 92602 Mandeville $430,000 3 1500
Westpark
5/11/12 51 Agostino 92614 Las Palmas $419,000 3 1610
5/11/12 35 Alicante Aisle 47 92614 Tiempo $365,000 2 1100
Woodbridge
5/11/12 10 Willowgrove 92604 Grove $365,000 2 1235
5/11/12 93 Thicket 58 92614 Somerset $320,000 2 1098
5/14/12 13 Alabaster 2 92614 Windsor Estates $430,000 2 1500
5/15/12 459 E Yale Loop 31 92614 Garden Estates $503,000 3 2144
Woodbury
5/14/12 15 Herringbone 92620 la Casella $630,000 3 2090
5/15/12 315 Bronze 92618 Santa Cruz $637,000 3 2027
5/15/12 337 Bronze 92618 Santa Cruz $620,000 3 2027
5/15/12 42 Gentry 92620 Mille Fleurs $1,020,000 5 3531

Discuss below or at Talk Irvine.

Irvine Housing by the Numbers – May 2012 Update

Here is an updated list of the housing numbers for each of Irvine’s neighborhood. Of note, the sold prices per square foot of Quail Hill, Turtle Rock and to a lesser degree Oak Creek show a marked increase. Time will tell if this trend continues.

Area List Price/ # Homes Listed Sold Price/ # Homes Sold List Per SF Sold Per SF % Chg Y-O-Y Sold Price/SF
Airport/IBC
Apr-12 $442K/48 $340K/25 $350 $304 -5.90%
Mar-12 $415K/45 $412K/16 $348 $346 11.60%
Feb-12 $392K/48 $330K/15 $337 $288 -11.70%
Jan-12 $374K/52 $327K/18 $332 $317 -17%
Columbus Grove n/a
El Camino
Apr-12 $572/22 $458K/12 $329 $239 -22.10%
Mar-12 $546K/22 $468K/10 $329 $327 3.80%
Feb-12 $467K/26 $340K/5 $339 $281 -6.60%
Jan-12 $462K/28 $389K/6 $322 $267 -28.40%
Northpark
Apr-12 $649K/51 $390K/29 $339 $283 -10.04
Mar-12 $674K/50 $465K/36 $341 $281 -8.80%
Feb-12 $459K/74 $415K/13 $301 $280 -9.40%
Jan-12 $465K/91 $412K/19 $290 $277 -20.90%
Northwood
Apr-12 $599K/59 $579K/30 $312 $310 5.10%
Mar-12 $519K/61 $518K/20 $316 $301 -1.60%
Feb-12 $504K/66 $292K/13 $300 $287 -7.10%
Jan-12 $489K/78 $518K/17 $286 $292 -7.60%
Oak Creek
Apr-12 $530K/19 $628K/14 $303 $315 5.90%
Mar-12 $425K/27 $284K/14 $309 $292 -1.40%
Feb-12 $487K/26 $267K/13 $317 $267 -15.8
Jan-12 $350K/33 $249K/9 $308 $261 -20.40%
Orange Tree
Apr-12 $278K/6 $165K/1 $256 $203 -31.90%
Mar-12 $245K/9 $189K/6 $253 $279 4.10%
Feb-12 $242K/6 $200K/6 $249 $230 -33.50%
Jan-12 $216K/12 $205K/5 $252 $249 -13.50%
Portola Springs
Apr-12 $693K/30 $596K/11 $330 $299 -11%
Mar-12 $639K/25 $950K/5 $325 $320 11.90%
Feb-12 $641K/31 $510K/1 $317 $249 -12%
Jan-12 $623K/43 $570K/7 $321 $293 1.40%
Quail Hill
Apr-12 $749K/17 $863K/6 $373 $374 7.50%
Mar-12 $500K/21 $505K/9 $360 $317 -3.10%
Feb-12 $515K/21 $470k/6 $364 $307 -10.80%
Jan-12 $560K/20 $512K/8 $324 $326 -13.30%
Rancho San Joaquin
Apr-12 n/a
Mar-12 $465K/5 $500K/2 $246 $296 n/a
Feb-12 $492K/6 $360K/1 $297 $336 n/a
Jan-12 n/a
Shady Canyon
Apr-12 $5,995K/23 $4,875K/4 $720 $512 -6.10%
Mar-12 $5,980K/21 $4,436K/4 $720 $657 28.80%
Feb-12 $5,995K/23 $3,200K/3 $725 $603 7.50%
Jan-12 $5,980K/23 $2,670K/5 $720 $534 24.20%
Turtle Ridge
Apr-12 $1,724K/28 $486K/8 $533 $421 5.20%
Mar-12 $1,899K/28 $1,500K/7 $550 $485 -8.30%
Feb-12 $1,899K/27 $955K/4 $527 $441 18.90%
Jan-12 $1,672K/32 $532K/4 $493 $355 -25.30%
Turtle Rock
Apr-12 $986K/43 $1,050K/5 $457 $461 10.30%
Mar-12 $967K/40 $690K/11 $448 $381 17.60%
Feb-12 $1,024K/38 $1,422K/4 $457 $559 14.30%
Jan-12 $974K/40 $545K/8 $458 $295 -14.20%
University Park
Apr-12 $609K/11 $538K/7 $352 $272 -15%
Mar-12 $552K/14 $431K/6 $288 $305 -5.60%
Feb-12 $578K/14 $555K/4 $297 $286 9.60%
Jan-12 $595K/14 $420K/7 $289 $281 -10.80%
University Town Center
Apr-12 $340K/3 $375K/5 $338 $326 6.90%
Mar-12 $455K/7 $478K/4 $298 $321 1.90%
Feb-12 $347K/6 $384K/1 $342 $265 -19.50%
Jan-12 $467K/10 $480K/1 $330 $315 n/a
Walnut
Apr-12 $532K/3 $580K/5 $313 $306 -1%
Mar-12 $619K/5 $635K/3 $327 $300 3.40%
Feb-12 $600K/5 $509K/3 $316 $310 -9.40%
Jan-12 $600K/11 $596K/4 $298 $259 -12.80%
West Irvine n/a
Westpark
Apr-12 $624K/14 $651K/8 $360 $304 -10.30%
Mar-12 $565K/17 $615K/10 $319 $331 -2.50%
Feb-12 $649K/21 $506K/6 $319 $361 21.50%
Jan-12 $552K/20 $695K/2 $331 $356 -11.20%
Woodbridge
Apr-12 $554K/68 $422K/29 $347 $289 -8%
Mar-12 $494K/68 $345K/31 $339 $283 -9.30%
Feb-12 $459K/83 $399K/23 $328 $312 -4.90%
Jan-12 $435K/93 $402K/15 $317 $273 -6.20%
Woodbury
Apr-12 $784K/30 $475K/14 $357 $291 -9.30%
Mar-12 $680K/35 $678K/21 $334 $289 0%
Feb-12 $650K/33 $419K/8 $330 $298 -4.70%
Jan-12 $611K/44 $460K/8 $314 $292 -16.80%

Source: Redfin.com

Discuss below or on Talk Irvine.

Closed Sales from 5/3/2012 to 5/9/2012

Date Sold Address Zip Tract Sold Price Beds Sq Ft
Airport Area
5/7/12 3084 Scholarship 92612 3000 The Plaza $730,500 2 1715
Columbus Grove
5/4/12 713 Silk Tree 92606 Savannah $403,000 3 1500
El Camino Real
5/4/12 10 Blue Riv 92604 Deerfield Park $668,000 4 2550
5/4/12 12 COLUMBINE 92604 Deerfield Townhomes $435,000 3 1645
5/4/12 4412 Bermuda Cir 92604 Greentree $590,000 4 2041
5/4/12 13 Star Thistle 92604 Deerfield Patio $600,000 3 1689
5/4/12 4612 Abbotswood Cir 92604 Willows $498,000 3 1116
5/7/12 11 Butterfly 92604 Irvine Groves $400,000 3 1707
5/8/12 2 Pierre 21 92604 Heritage Park $370,000 3 1223
Northpark
5/3/12 7 Oroville 92602 Mendocino North $833,800 4 2404
5/8/12 34 Spring Vly 92602 Brisbane $415,000 2 1667
Northwood
5/3/12 239 Streamwood 92620 Irvine Springs $128,500 1 639
5/7/12 4 Tonada Dr 92620 Sundance $335,000 3 1673
Orangetree
5/5/12 7204 Apricot Dr 92618 Terrace $220,000 2 1108
Portola Springs
5/3/12 29 Land Grant 92618 Other $570,000 4 2044
5/8/12 61 Distant Star 92618 Other $614,160 4 2350
Quail Hill
5/7/12 134 Treehouse 92603 Tapestry $1,120,000 5 2900
5/8/12 83 Canopy 92603 Laurel Quail Hill $715,000 3 2000
Rancho San Joaquin
5/3/12 23 Las Brisas 92612 RSJ Townhomes $480,000 2 1463
Turtle Ridge
5/4/12 35 Woods Trl 92603 Arezzo $2,260,000 5 3583
Turtle Rock
5/4/12 2 Silver Fern 92603 Other $700,000 3 1837
5/4/12 34 Mountain View 92603 Broadmoor $995,000 4 2256
University Park
5/9/12 30 Foxglove Way 92612 Village II $530,000 3 2303
Walnut
5/8/12 14647 Beach Ave 92606 College Park $612,000 4 1873
West Irvine
5/4/12 48 Ardmore 92602 Sheridan Place $465,000 3 1600
5/9/12 20 Sorenson 92602 Barrington $705,000 4 2250
Westpark
5/9/12 15 Bettoni Aisle 92606 Corte Bella $350,000 2 1302
Woodbridge
5/4/12 5 Thicket 14 92614 Somerset $380,000 3 1325
5/7/12 63 Emerald 92614 Landing II $939,000 4 2334
5/9/12 22 Winterbranch 5 92604 Village Green $250,000 2 1000
Woodbury
5/4/12 54 Serenity 92618 Santa Rosa $320,132 1 1120
5/4/12 39 Regal 92620 Lombard Court $335,000 2 1205
5/4/12 335 Bronze 92618 Santa Cruz $701,035 4 2283
5/9/12 323 Bronze 92618 Santa Cruz $709,003 4 2283

Discuss below or at Talk Irvine.

Investors Are Busy in Irvine's Low-End Housing Market

It looks like investors have been busy in Irvine. Of the over 30 Irvine homes listed on Redfin as “Least Expensive,” over half are “Sale Pending.” In addition, many of the “Least Expensive” Irvine homes that are still available are in The Groves mobile park community.

If you are in the market for an investment property or feel that a small, inexpensive home would suit you just fine, homes that are still available in Irvine’s lower-priced housing market are listed below. However, I have a feeling that you will need all cash to beat any others that might be interested—at least for the condos. But don’t let that stop you from inquiring if you are interested but lack the cash.

As I mentioned, most of these homes that are still on the market are mobile homes. These homes are located in The Groves, which are in Northwood near Irvine Boulevard and Jeffery. The other low-end homes that are currently available are condos. These include 2 in Northwood, 2 in Orangetee, and 1 in Woodbridge. Since all these homes were built some time ago, none of these homes have Mello Roos taxes.

205 Springview

• $130,000/$274 per month

• Condo

• 1 bed/1 bath—475 SF

• $240/month HOA fee

• No Mello Roos tax

• Northwood (near Irvine Boulevard and Yale)

85 Lakepines Unit 8B

• $180,000/$263 per square foot

• Condo

• 1 bed/1 bath—684 SF

• $300/month HOA fee

• No Mello Roos tax

• Northwood (near Irvine Boulevard and Yale)

266 Tangelo

• $159,900/$223 per square foot

• Condo

• 1 bed/1 bath—717 SF

• $300/month HOA fee

• No Mello Roos

• Orangetree

4102 Apricot Dr.

• $175,000/$198 per square foot

• Condo

• 1 bed/1 bath—882 SF

• $372/month HOA fee

• No Mello Roos

• Orangetree

158 Echo Run #72

• $175,000/$245 per square foot

• 1 bed/1 bath—715 SF

• Condo

• $366/month HOA fee

• No Mello Roos

• Woodbridge

5200 Irvine Blvd #78

• $159,000/$110 per square foot

• Mobile Home, Stock Cooperative

• 3 beds/1.75 baths

• The Groves in Northwood (near Irvine Boulevard and Jeffery)

Other homes available in The Groves Mobile Park are as follows. They are all 2 bedrooms and 1.75 baths. And prices range from $179,000 to $214,000.

5200 Irvine Blvd #89

5200 Irvine Blvd #208

5200 Irvine Blvd #220

5200 Irvine Blvd #234

5200 Irvine Blvd #88

5200 Irvine Blvd #79

5200 Irvine Blvd #225

5200 Irvine Blvd #115

5200 Irvine Blvd #452

Discuss below or on Talk Irvine.

Closed Sales from 4/26/2012 to 5/2/2012

Date Sold Address Zip Tract Sold Price Beds Sq Ft
Airport Area
4/27/12 3131 Michelson Dr 1602 92612 Marquee at Park Place $410,000 2 1370
4/28/12 8053 Scholarship 92612 The Plaza $530,000 2 1450
4/30/12 3141 Michelson Dr 1306 92612 Marquee at Park Place $410,000 2 1295
4/30/12 5125 Scholarship 92612 The Plaza $665,000 2 1675
5/1/12 3102 Scholarship 92612 3000 The Plaza $1,350,000 3 2390
5/1/12 5039 Scholarship 92612 The Plaza $800,000 2 1790
Columbus Grove
4/26/12 1207 Abelia 92606 Savannah $271,000 1 1310
El Camino Real
4/26/12 1 Greenwood 92604 Smoketree $388,000 3 1178
4/27/12 10 Helena 92604 Heritage Park $380,000 3 1639
4/30/12 14931 Dahlquist Road 92604 El Camino Glen $493,000 5 2325
5/1/12 13 Snowberry 92604 Deerfield Townhomes $350,000 3 1250
Northpark
4/26/12 21 Vacaville 92602 Mendocino North $860,000 3 2600
5/1/12 22 Upland 92602 Miramar $933,000 4 2681
Northwood
4/26/12 25 Mount Vernon 92620 Georgetown $775,000 5 2650
4/26/12 12 Benjamin 92620 Courtside $780,000 4 2173
4/26/12 820 Timberwood 92620 Collage $340,000 2 1300
4/26/12 25 Filare 92620 Vista Filare $542,000 3 1645
4/27/12 4 Fort Sumter 92620 nowthwood park $635,000 4 2795
4/27/12 12 Cape Cod 92620 Oakleaf $578,000 3 1567
4/28/12 206 GARDEN GATE 92620 Glenneyre at Lanes End $480,000 2 1200
4/28/12 22 E Ensueno 92620 Park Place $780,000 4 2190
4/30/12 314 Timberwood 92620 Collage $399,900 2 1442
4/30/12 17 E Delamesa 92620 Park Paseo $513,000 3 1325
5/1/12 87 Streamwood 92620 Irvine Springs $144,000 1 639
5/2/12 17 E Entrada 92620 Park Paseo $648,000 3 1915
Oak Creek
4/30/12 61 Edgewood 92618 Kelsey Lane $599,000 3 1910
4/30/12 31 Kelsey 92618 Kelsey Lane $690,000 4 2100
Portola Springs
4/26/12 34 Land Grant 92618 Other $553,810 3 1827
4/27/12 21 Habitat 92618 Los Arboles $725,000 3 2003
4/30/12 26 Land Grant 92618 Other $613,645 4 2077
5/2/12 28 Land Grant 92618 Other $540,100 3 1660
Quail Hill
4/30/12 109 Lattice 92603 0 $935,000 4 2500
4/30/12 41 Momento 92603 Vicara $1,649,000 4 3124
5/1/12 307 Tall Oak 92603 Ivy Wreath $560,000 3 1610
Turtle Ridge
4/30/12 79 Greenhouse 92603 Chantory $453,000 2 1140
5/1/12 127 Jadestone Irvine 92603 Ashton Green $445,000 2 1181
5/2/12 29 Gingerwood 92603 Whispering Glen $495,000 2 1500
Turtle Rock
5/1/12 32 Cool Brook 92603 Glen Garden Homes $640,000 3 2077
5/2/12 28 Sarena 92612 Pointe – Turtle Rock $888,000 3 2108
5/2/12 37 RAINBOW RIDGE 92603 Ridge Townhomes Akins $481,500 2 1450
University Park
4/30/12 43 Seton Rd 92612 Village I $516,000 4 1896
4/30/12 14 Iron Bark Way 92612 Village I $397,150 2 1279
Walnut
4/30/12 3912 Capri Ave 92606 Colony $575,000 4 1780
West Irvine
4/30/12 73 Glen Arbor 92602 Wisteria $569,000 3 1625
Westpark
4/27/12 504 Tropea Aisle 92606 Brio $325,000 2 1028
4/27/12 41 Altezza 92606 Trovata $615,000 4 1900
5/1/12 53 Finisterra 92614 Promenade $645,000 3 1887
5/1/12 23 Arbusto 92606 Vintage $948,000 5 2750
Woodbridge
4/26/12 13 Spring Buck 92614 Cottage Homes $610,000 4 2451
4/27/12 3 Lakeview 92604 Arborlake $700,000 2 1617
4/30/12 87 Greenmoor 31 92614 Laurels $285,000 2 1055
4/30/12 29 Whistling Isle 92614 Summerfield $666,000 4 1852
5/1/12 3 Spinnaker 92614 Seaport $517,500 3 1600
5/2/12 16 Clearbrook 72 92614 Park Vista $275,000 2 970
Woodbury
4/26/12 339 Bronze 92618 Santa Cruz $688,000 4 2283
4/27/12 41 Rising Sun 92620 Portisol $799,000 3 2113
5/1/12 341 Bronze 92618 Santa Cruz $750,000 3 2283
5/1/12 77 Hallmark 92620 la Casella $650,000 3 2100

Discuss below or at Talk Irvine.