Category Archives: Real Estate Analysis

Open House Review – 14882 Elm

This week, I visited 14882 Elm in College Park. Listed as a 5+3 home, this house actually has four bedrooms 2.5 bathrooms, and a large bonus room. The price was recently reduced to $899,000 and the HOA dues is only $50 per month, which gives you access to three pools, a brand new clubhouse, a park with a newer playground, a volleyball court, BBQs, and picnic areas. The house is a very short walk away from the neighborhood park and College Park Elementary School, both of which can be reached without crossing any streets. It is also just a few houses away from one of the community pools and a short walk from the pool where the College Park swim team holds their practices.

The Basics:
Asking Price: $899,000
Bedrooms: 4 + bonus room
Bathrooms: 2.5
Square Footage: 2,621
Price per Sq. Ft: $343
Lot Size: 5,000
Property Type: Single family home
Year Built: 1974
Community: College Park
HOA: $50 per month / Mello Roos: No
Days on Market: 21
Schools: College Park Elementary, Venado Middle School, Irvine High (Irvine Unified)

14882 Elm has a small front porch and landscaped front yard. The entry hall has wood floors and a long wall that could hold a bench or table. The flooring differentiates the hall from the living room, which is carpeted. The stairway has an open wood railing and is about halfway down the hall. There is a coat closet on the right near the end of the hall.

The living room has vaulted ceilings with recessed lights. There is a huge window facing the front with standard blinds. The room is a good size and is open to the dining room behind it.

The dining room has standard-height ceilings and a chandelier with a dome light. There is one window facing the side of the house that also has blinds.

The kitchen is behind the dining room and is also accessible from the front hall. Like the front hall, it has wood floors. The appliances are black and include built-in double ovens, a separate cooktop, and a dishwasher. The white cabinets are original but have updated knobs. A large window above the sink faces the backyard. A peninsula has cabinets on one side and seating for four on the other. The updated counters have large stone tiles. There is a large, walk-in pantry with shelves on the side and low ceilings, as it sits beneath the stairs. The old fluorescent lights in the ceiling were removed but parts of the ceiling are still lower.

 

The kitchen also has a breakfast nook on the other side of the peninsula. The space is large and can easily hold a table for 6 – 8 people. A wide, sliding glass door with vertical blinds opens to the backyard.

The family room is one step below the breakfast nook and also has wood floors. One wall has a window facing the backyard. Another wall has a fireplace with a brick surround and hearth and a white mantle.

A hallway off the family room leads to the laundry area, powder room, and garage. The laundry area has space for side-by-side machines and upper cabinets. The bathroom has a full vanity with several cabinet and drawers and a long counter. The cabinets are original but the cabinet knobs and faucet are updated. The laundry area and bathroom have tile floors.

The backyard is an average size for an older home in Irvine. It has a large patio with a pergola that stretches across the front half of the yard. The back half is grass and there is a garden box around the edge.

Upstairs, the hallway is lined with linen cabinets including four sets of both upper and lower cabinets. The entire second floor is carpeted, though the carpet is old and shows wear in many places.

The huge bonus room is at the front of the house. Two windows face the street. The ceiling is vaulted and there is a ceiling fan with a light. The floor has large, black and white tiles and the walls are painted a deep red. This room doesn’t have a closet, though it is currently used as a bedroom.

The master suite is a big room on the left side of the staircase. One large window faces the backyard and there is a ceiling fan with four lights. The walk-in closet is narrow and deep, with hanging poles lining both walls and shelves at the back.

The master bathroom only has one sink. The vanity is similar to the one on the first floor, with older cabinets and a newer faucet. A separate door leads to the shower, which is all original. The tile is dingy and the sliding doors look tired.

There are three secondary bedrooms. The first one faces the back of the house. It has a single window and a ceiling fan with lights. The room is a good size, but the closet is small. It has full-height, mirrored doors.

The second bedroom also faces the backyard. It also has a ceiling fan with lights. The closet matches the one from the first bedroom.

The third bedroom faces the side of the house. Like the others, it has a ceiling fan with lights. The mirrored closet occupies one full wall.

All three secondary rooms share a bathroom in the hallway. The vanity is the same size as in the other bathrooms, with just one sink and original cabinets. It is missing one drawer and doesn’t have updated faucets. The shower/tub combo is also original.

This home has a good floor plan, but would benefit a lot from updates. It could use fresh interior paint and new carpets. The bathrooms need updating, especially the secondary bath upstairs and the master shower. The updated kitchen counters help give the room a newer feel at quick glance, but the cabinets and ceiling remind you that it is an older home. The windows are new throughout the house. I haven’t seen many houses in college park and was pleased to see that the price per square foot is much lower than what I’m used to seeing in Northwood.

Open House Review: 88 Mayfair

This one bedroom, ground level home boasts an extra den and an hook-up in the one-car garage for an electric car.  Parking for guests is off the street, directly in front of the home.  The realtor stated the den could easily be converted to a bedroom, but buyers should be aware that the only place to bathe is in the master bathroom.  The powder room does not have a place to shower/bathe.

Asking Price:  $548,888
Bedrooms:     1, plus den
Bathrooms:    1.5
Square Ft:      1,129
Lot Size:         —
Price per Sq Ft: $486
Property Type:  Condominium
Style:             One Level
Year Built:     2012
Community:  Stonegate Village
HOA Fees:     $307
Mello Roos:   Yes

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Open House Review: 16 Eden

16 Eden sits at the T-intersection of Eden and Diamante. It is already in escrow.  Although there is only residential traffic coming from Diamante, Eden is one entrance of two entrance streets leading to Diamante (which has approximately 60 homes).  Just at the end of Eden is a cul-de-sac with one of the community pools, volleyball courts, and tot lot.  This property would appeal to any family looking for a great location that is walking distance to the elementary school and in biking distance to Sierra Vista Middle School and Northwood High School.

The basics
Asking Price: $889,000
Bedrooms: 4
Bathrooms: 2.5
Square Footage: 2,086
Lot Size: 4,050
$/Sq Ft: $426
Property Type: Single Family Residence
Year Built: 1980
Community: Northwood – Park Paseo
HOA dues are $106 per month and there no are Mello Roos taxes.

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Open House Review: 5 Delamesa East

5 Delamesa East is nicely located at the end of a cul-de-sac street, just down the street from Santiago Hills Elementary and Park Paseo’s community clubhouse with a pool, tennis courts and sand volleyball court.  This property would appeal to any family looking for a great location that is walking distance to the elementary school and in walking/biking distance to Sierra Vista Middle School and Northwood High School.  The home sits next to an Irvine Water District non-residential property, so in essence, it has more privacy than other homes, but there is some traffic from heard from the back of the home from the corner of Yale and Hicks Canyon.

The basics:
Asking Price: $932,888
Bedrooms: 4
Bathrooms: 2.25
Square Footage: 2,086
Lot Size: 4,410
$/Sq Ft: $447
Property Type: Single Family Residence
Year Built: 1977
Community: Northwood – Park Paseo
HOA dues are $106 per month and there no are Mello Roos taxes.

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Open House Review: 23 Christamon East

Last week I reviewed the same model in Park Paseo, but located a couple streets over on 28 Palmatum. Today I am reviewing 23 Christamon East, which sits nicely at the end of a cul-de-sac street, and just a few hundred feet from Santiago Hills Elementary School, Community Clubhouse, tennis courts and swimming pool.  The property is also close distance to Sierra Vista Middle School and Northwood High School.  Both properties have a huge bonus room and there are differing upgrades in each home.

The basics:
Asking Price: $1,168,000
Bedrooms: 4 + bonus room
Bathrooms: 2.5
Square Footage: 2,673
Lot Size: 5,800
$/Sq Ft: $437
Property Type: Single Family Residence
Year Built: 1979
Community: Northwood – Park Paseo
HOA dues are $106 per month and there no are Mello Roos taxes
Santiago Hills Elementary School, Sierra Vista Middle School, Northwood High School

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