Category Archives: Real Estate Analysis

Open House Review: 31 Fortuna East

Interestingly, 31 Fortuna East was originally listed in January at $979,000, but fell out of escrow, relisted in February at the higher price of $989,000 and received an offer on February 16th.  Located at the elbow bend of a quiet cul-de-sac street, the home backs to Park Place, an internal non-residential street.  The yard is large for Irvine and one of the larger yards in the Park Paseo community.  The home is partially upgraded.

Asking Price: $989,000
Bedrooms: 4
Bathrooms: 2.5
Square Footage: 2,194
Lot Size: 5,795
$/Sq Ft: $451
Property Type: Single Family Residence
Year Built: 1977
Community: Northwood – Park Paseo
HOA dues are $106 per month and there are no Mello Roos taxes.

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Open House Review: 2 McCormick

Today I am reviewing a desirable single level home in Northwood’s Shadow Run Community.  The layout is nice and comes with 4 bedrooms, is a corner internal lot at the end of a cul-de-sac street and has a nice size backyard.

Asking Price:   $969,000
Bedrooms:       4
Bathrooms:      2
Square Footage: 1,898
Lot Size:          5,447
$/Sq Ft:           $500
Property Type: Single Family Residence
Year Built:      1980
Community:    Northwood
NO HOA or Mello Roos

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Open House Review: 37 Blossom

Found in the gated community of Northwood’s Bella Rosa, the open house was crowded and the realtor mentioned a couple of offers had come in.  It is a detached condominium with a highly desirable ground floor bedroom.  The home is in turn-key condition and feeds into Northwood Elementary School, Sierra Vista Middle School and Northwood High School.

Asking Price:                    $938,000
Bedrooms:                      4
Bathrooms:                     3
Square Footage:            2,345
Price per Square Foot:  $400
Property Type:                Condominium
Year Built:                        2005
HOA:                                 $190/month
There are Mello Roos

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Open House Review: 6 Bull Run

6 Bull Run looks like the same model as a review from October at 7 Merrimac, however this home is listed 150 square feet smaller.  This home has modified its family room and split it into a small family room and a separate office.  The large backyard is a major selling point, along with the home’s remodeled kitchen and bathrooms.  It is a zero-lot-line property that feeds into Brywood Elementary, Sierra Vista Middle School and Northwood High School.

Asking Price:                $914,900
Bedrooms:                    4
Bathrooms:                   2.5
Square Footage:            2,341
Lot Size:                       4,590 Sq. Ft
Price per Square Foot:   $391
Property Type:              Single Family Residence
Year Built:                    1979
HOA:                           $65/month
No Mello Roos

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Open House Review: 192 Vintage

Found in the Cachette neighborhood of Woodbury, this three bedroom home has many upgrades throughout. The price has been reduced from $810,000 to $795,000 and on January 13, the price was further reduced to $765,000 and received an offer.  It is in turn-key condition and one nice advantage is the home does not share any common walls and has a small outdoor patio space.  The home is slated for Woodbury Elementary and Jeffrey Trails Middle School.

The basics:
Asking Price:     $765,000
Bedrooms:        3
Bathrooms:       2.5
Square Footage: 1,580
$/Sq Ft:              $484
Property Type: Condominium
Year Built:         2005
Community:     Woodbury
HOA:                 $225/month

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