The Irvine Housing Numbers by Neighborhood—February 2013

For a look at what is happening this year in the Irvine housing market, see the following. And for a snapshot of the Irvine housing numbers by neighborhood in 2012, see my previous post.

Area List Price/# Homes Listed Sold Price/# Homes Sold List Per SF Sold Per SF % Chg Y-O-Y Sold Price/SF
Airport/IBC
13-Feb $699K/35 $514K/22 $385 $342 17.90%
13-Jan $694K/40 $440K/13 $398 $333 8.10%
Columbus Grove n/a
El Camino Real
13-Feb $445K/9 $472K/8 $364 $325 8%
13-Jan $535K/17 $555K/12 $366 $380 42.30%
Northpark
13-Feb $569K/19 $628K/22 $352 $347 23.90%
13-Jan $722K/24 $466K/22 $351 $321 15.90%
Northwood
13-Feb $738K/22 $725K/7 $353 $338 15.80%
13-Jan $750K/23 $750K/25 $373 $305 4.50%
Oak Creek
13-Feb $424K/14 $318K/10 $379 $333 26.60%
13-Jan $362K/14 $331K/9 $362 $338 29.50%
Orange Tree
13-Feb $307K/8 $208K/5 $373 $355 61.70%
13-Jan $278K/8 $328K/4 $345 $332 33.30%
Portola Springs
13-Feb $774K/8 $665K/5 $350 $274 -2.50%
13-Jan $1,024K/8 $614K/8 $375 $329 12.30%
Quail Hill
13-Feb $850K/10 $685K/7 $421 $396 29%
13-Jan $790K/10 $600K/7 $414 $341 4.60%
Rancho San Joaquin
13-Feb na/0 $493/3 n/a $242 -28%
13-Jan $564K/2 na/0 $333 n/a n/a
Shady Canyon
13-Feb $5,995K/15 $5,084K/2 $736 $665 10.30%
13-Jan $5,700K/15 $6,675K/1 $736 $668 25.10%
Turtle Ridge
13-Feb $2,355 K/11 $518 K/7 $617 $436 -1.10%
13-Jan $2,302 K/10 $1,295K/6 $605 $532 49.90%
Turtle Rock
13-Feb $1,050K/13 $1,135K/9 $542 $478 -15.20%
13-Jan $949K/13 $946K/8 $434 $466 58%
University Park
13-Feb $675K/7 $395K/2 $313 $318 11.20%
13-Jan $625K/7 $570K/10 $330 $351 26.70%
University Town Center
13-Feb na/0 $555K/3 n/a $366 38.10%
13-Jan $551K/1 $575K/1 $407 $377 19.70%
Walnut
13-Feb $900K/3 $665K/4 $552 $363 17.10%
13-Jan $430K/3 $657K/4 $350 $275 6.20%
West Irvine n/a
Westpark
13-Feb $585K/2 $610K/2 $486 $344 4.60%
13-Jan $589K/4 $745K/6 $486 $340 -4.50%
Woodbridge
13-Feb $584K/30 $648K/14 $381 $357 8.80%
13-Jan $694K/22 $500K/22 $363 $357 30.80%
Woodbury
13-Feb $662K/14 $590K/11 $374 $357 17%
13-Jan $635K/11 $645K/17 $382 $331 13.40%

Open House Review: 7 Firestone

Woodbridge Condo in Windsor Estates

7 Firestone #8: $749,900

Turning off West Yale Loop and onto Firestone, I found a single family detached home that raises a few questions and comes with a mix of answers. The home is located in Windsor Estates in the South Lake area of Woodbridge.

Approaching the home from the rear entrance on Firestone, the area is quiet and well maintained. The main door of the home faces out onto busy West Yale Loop and is almost lost from view with the overhanging trees in front, which may absorb some of the traffic noise.

Significant Numbers: This single story 3 bedroom 2.5 bath condo was built in 1983 and has 1860 sq. ft. with a $/sq.ft at $403. It has been on the market about 60 days. HOA dues are $427.

CloseUp: As I roamed through this good sized, light, airy home I was mentally filling in the vacant spaces with furnishings and activities.

Some strategic staging might really bring the home’s assets to life, starting with the two sided fireplace with custom mantel that sits between the living room and family room. The fireplace uses both gas and wood.

The family room also has a vaulted ceiling and wet bar. Ceramic tile floors, partial carpet, and French doors accent the areas. There is a nice flow through the home and a good separation of space between bedrooms and the formal dining room, living room, and family room areas.

There is access from the garage to the kitchen, an inside laundry room and a sliding glass door to the patio. The wrap around brick lined patio has planter boxes and lattice cover, and could easily be a family retreat and party spot.

The remodeled kitchen has recessed lighting, maple cabinets, custom tile backsplash, corian counters, greenhouse window and breakfast area.

The 3 bedrooms include a master suite with walk in closet and large bath with separate shower and tub. There are 2 full baths and one half.

Specifics:

Bedrooms, 3

Baths, 2 full, 1 half

Detached, no common walls

Double Detached Garage

Two parking spaces

Forced air heating, central air.

Association pool and spa

What will be considered here? All of the draw of Woodbridge with its top schools and outstanding recreational facilities, paired with a roomy single level detached home, will be considered. The location fronting onto West Yale Loop will also figure into the discussion, along with the price and some of the special details within.

Who will move in? An active family looking for the Woodbridge location might choose this home. Others looking for a single level detached home with enough space to entertain and room for overnight guests or senior members might see the possibilities here.

Recent listings: 3 Willowgrove, $648,000; 128 West Yale Loop, $668,000.

Recent sales: 49 Rushingwind, $725,000; 59 Coral Lk., $760,000.

Discuss on Talk Irvine: http://www.talkirvine.com/index.php/topic,3643.0.html

Solar Workshop on March 28th

Press release below

SOLARCITY SPONSORS LECTURE ABOUT SOLAR POWER AND PERSONAL ACHIEVEMENT

SolarCity, one of the country’s leading clean energy providers, will sponsor a free public lecture for Irvine homeowners by career and personal performance coach Bob Davies, titled “Identifying Your Path to Personal Achievement.” Davies will also present a special case study: “Converting to Clean Energy,” reviewing his personal experience about making the switch to better energy and converting his home to solar. It is an enlightened look at how the human mind is built to resist change. The Irvine Chamber Green Business Certification Program encourages homeowners to consider solar as a viable energy option. Utilizing renewable resources is part of the city’s ongoing goal of being one of America’s leading residential communities.

This program may help:

· Health and energy improvement

· Overcome procrastination

· Recovery and positive thinking during times of rejection and bad news

· Enhanced ability to “tap into” the talent you already have

· Accountability to improve performance

What: “Identifying Your Path to Personal Achievement,” lecture by Bob Davies

When: Thursday, March 28, 10:30 a.m. to noon

Where: Irvine Chamber of Commerce, 2485 McCabe Way Suite 150, Irvine, CA

Cost: Free

RSVP: http://www.SolarCity.com/seminars, or Tina Magana: (909) 618-6937

Sponsored by SolarCity: Bring a copy of your utility bill and receive a free $25 restaurant.com gift card.

Closed Sales from 3-7-2013 to 3-13-2013

Date Sold Address Zip Tract Sold Price Beds SqFt
Airport Area
3/8/2013 2303 Watermarke 92612 Watermarke $315,000 1 726
3/8/2013 3131 Michelson 92612 Marquee at Park Place $385,000 2 1580
3/11/2013 1248 Scholarship 92612 Avenue One $200,000 1 725
3/12/2013 2233 Martin 92612 Metropolitan (MET) $400,000 2 1269
El Camino Real
3/7/2013 7 Amberwood 92604 Smoketree (ST) $509,000 4 1647
3/11/2013 5151 Walnut Ave 92604 Wildflower $395,000 2 1142
3/13/2013 130 Oval 92604 Walnut Square (WS) $330,000 2 1100
Northpark
3/8/2013 51 Burlingame 92602 Brisbane (BRIB) $413,000 2 1475
3/11/2013 14 Pasadena 92602 Brentwood $1,240,000 5 3250
3/11/2013 805 Terra Bella 92602 Terra Bella $403,000 2 1167
Northwood
3/8/2013 3 Shadduck 92620 Courtside (CS) $749,900 3 1841
3/11/2013 6 Night Bloom 92602 Mericort (MERC) $608,000 3 1635
3/11/2013 28 Alondra 92620 Woodside (WS1) $814,000 4 2392
3/11/2013 66 Secret Garden 92620 Camellia (CAME) $905,000 4 2460
3/12/2013 7 Ensueno 92620 Park Place (PP) $900,000 4 2600
3/12/2013 460 Monroe 92620 Timberline $440,000 3 1376
Oak Creek
3/8/2013 10 Henna 92618 Kenwood $978,000 4 3123
Orangetree
3/7/2013 67 Tarocco 92618 Orchard Glen OT $370,000 3 1134
3/7/2013 110 Orchard 92618 Patio Homes (OT) $460,000 2 1133
3/8/2013 37 Lemon Grove 92618 Patio Homes (OT) $363,000 2 1133
Quail Hill
3/8/2013 209 Scarlet 92603 Sandalwood $765,000 4 2300
Rancho San Joaquin
3/8/2013 21 Las Brisas 92612 RSJ Townhomes (JH) $536,000 2 1437
Turtle Ridge
3/13/2013 129 Coral Rose 92603 Ashton Green (ASHG) $581,000 3 1400
Turtle Rock
3/8/2013 18982 Racine 92603 Broadmoor (BM) $890,000 3 1687
3/13/2013 10 Morning Song 92603 Ridge Townhomes Bren $580,000 2 1740
University Park
3/8/2013 44 Gillman 92612 Chancellor $725,000 5 2291
3/8/2013 52 Seton 92612 Village I $535,000 3 1493
3/11/2013 9 Featherwood 92612 Terrace $485,000 2 1185
Walnut (Irvine)
3/8/2013 3462 Pecan 92606 College Park (CP) $600,000 4 1644
3/13/2013 151 Kensington 92606 Parklane (WN) $455,000 2 1200
West Irvine
3/7/2013 66 Sapphire 92602 Mandeville $515,000 3 1478
3/13/2013 46 Boulder Creek 92602 Heritage (HERI) $715,000 4 2005
Westpark
3/8/2013 25 Tiara 92614 Promenade (PR) $795,000 4 2026
3/13/2013 31 Giovanni Aisle 92614 Tiempo (TI) $402,000 2 1032
Woodbridge
3/8/2013 31 Silkleaf 92614 Cottage Homes $725,000 4 1910
3/11/2013 48 Ashwood 92604 Gables $1,025,000 5 2461
3/12/2013 120 Greenmoor 92614 Stonegate (SG) $370,000 2 978
3/13/2013 8 Amberleaf 92614 Seasons (SN) $460,000 2 1211
Woodbury
3/7/2013 29 Dusty Rose 92620 Villa Rosa $1,170,000 5 3000
3/8/2013 84 Costa Brava 92620 Santa Barbara/WDSB $430,000 2 1200
3/12/2013 10 Nature 92620 $445,000 2 1165
3/12/2013 37 Spanish Lace 92620 Lombard Court (WDLC) $345,000 1 1100

Discuss on Talk Irvine: http://www.talkirvine.com/index.php/topic,3632.0.html

Open House Review: 106 Echo Run

This weekend, I visited a condo in the southernmost part of Woodbridge. It is an upper end unit, overlooking a greenbelt, and has some recent updates.

The basics:

Asking Price: $389,000

Bedrooms: 3

Bathrooms: 2

Square Footage: 1,164

Lot Size: N/A

$/Sq Ft: $334

Days on Market: 14

Property Type: condo

Year Built: 1982

HOA dues are $392 per month and there are no Mello Roos taxes.

This condo is in the Park Vista tract of Woodbridge. As soon as I arrived, I could hear the cars rushing by on the nearby 405 freeway. All of the windows were open in the condo, but I would imagine that it’s close enough to hear the freeway noise even with the windows shut.

There is a small storage closet at the bottom of the outside staircase that leads up to the unit. It’s a great place for storing children’s bikes, scooters, or a stroller, but isn’t big enough to hold much more. The staircase had recently been repainted and there was a balcony at the top with room for a small table and a couple of chairs.

The front door opens directly into the living room. It has newer Pergo floors and recessed lighting. The room is a good size, but with windows only in one corner, probably doesn’t get a lot of light for most of the day.

The dining room and kitchen are on the other side of the front door. It is big enough for a table for eight, but doesn’t have any windows. It leads directly into the kitchen, which has attractive granite counters and brushed nickel hardware. The room is long and narrow, with white appliances and darker cabinets. There is a second balcony off the kitchen that provides space for a grill.

A hallway at the back of the condo leads to the three bedrooms. The master is first, with a big window on one wall and a large mirrored closet on another. The room isn’t very big and doesn’t give many options for arranging furniture, but there is space for a bed and two other pieces (dressers or a comfy chair). The attached bathroom has a single sink and a shower, plus a couple of storage cabinets.

Next down the hall is the second bathroom. This one is bigger than the one in the master, but still only has one sink. There is a shower/tub combo. Though half the bathroom has the same Pergo floors as the rest of the condo, the back half is tiled.

The next bedroom is a good size and has a mirrored closet. It currently has five bigger pieces of furniture in it and still has plenty of open floor space in the middle. The third bedroom is smaller, but still a decent size. It has a nice walk-in closet and sliding doors that lead out to the balcony off the kitchen.

A small closet at the end of the hall (between the two secondary bedrooms) houses the washer and dryer.

The condo is in really good condition and makes good use of the space. It only has one parking spot – a covered carport a bit down the greenbelt. Additional parking is available on the street on the far side of all the carports. The owners can enjoy all of the benefits that Woodbridge has to offer, including parks, lakes, and good schools, but the specific location of this unit is a drawback. The owners will review offers this week, so set an appointment and put your bid in quickly if you’re interested.

Discuss on Talk Irvine: http://www.talkirvine.com/index.php/topic,3624.0.html