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Open House Review: 95 Shadywood

May 31st, 2012 by Karen 

This week, I toured a home in the Arden Square community of Northwood Pointe.  Though technically categorized as a condo, this is a fully detached home with no shared walls and a private backyard.

 

The basics:

95 Shadywood  Irvine, CA 92620

Asking Price: $689,000

Bedrooms: 3

Bathrooms: 2.5

Square Footage: 1,800

Lot Size: 4,200

$/Sq Ft: $383

Property Type: Detached Condo

Year Built: 2002

Community: Northwood Pointe, Arden Square

 

There are two sets of HOA dues, for a total of $120 per month, plus Mello Roos.

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$437000 /  Irvine Condo 1309ft² - 2Bd/2.5Bth (Irvine - Westpark Las Palmas)

May 30th, 2012 by zovall 

This property is not yet on the MLS but will be in the next week or so.

The 1309 sq ft condo has 2 bedrooms upstairs with their own bath and a ½ bath downstairs.  Condo has laundry inside, a private patio and an attached 2 car garage.  

For more info, contact David at david@irvinehousingblog.com.

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A Closer Look at Housing in Irvine’s University Park

by Sylvia Walker 

Today we’ll take a look at Irvine’s University Park neighborhood. First, the numbers:

University Park—April 2012:

Area

List Price/
# Homes Listed

Sold Price/ #Homes Sold Median List/SF Median Sold/SF % Chg Y-O-Y Sold Price/SF
Houses $624K/12 $538K/7 $346 $301 -15%
Condos None listed        
All Uni Park $624K/12 $538K/7 $346 $272 -15%
All Irvine $650K/575 $502K/266 $349 $305 -4.70%

 

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Open House Review: 71 Oak Tree Lane

May 29th, 2012 by SMS 

The House is a Jewel.  The Park is a Gem.

71 Oak Tree Lane  Irvine, CA 62612  $585,000

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Northwood or Westpark?

May 27th, 2012 by Cubic Zirconia 

The most expensive house on the market in the Irvine today is 36 Boulder View at $14,999,000($1531/SF). On the other end of the spectrum is 205 Springview at $130,000 ($274/SF). The five-hundred odd properties that are on the market serve every taste, every price range. Usually I pick properties in the $500,000-$900,000 range, but today I have two properties under $350,000. Both properties are served by excellent Irvine schools, and have the same amenities as the rest of the village they are associated with. Both have the potential to be good starter homes, or investment properties.

 

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Closed Sales from 5/17/2012 to 5/23/2012

May 25th, 2012 by nilam 
Date Sold Address Zip Tract Sold Price Beds Sq Ft
Airport Area            
5/18/12 1270 Scholarship 92612 Avenue One $300,500 2 1037
5/18/12 3131 Michelson 1804 92612 Marquee @ Pk Place $1,120,000 2 2088
             
Columbus Grove          
5/21/12 51 Juneberry 92606 Kensington Court $500,000 3 2125
             
El Camino Real          
5/18/12 51 Golden Glen St 1 92604 Walnut Square $285,000 2 1044
5/23/12 22 Butterfield 92604 Deerfield Townhomes $410,000 4 1674
             
Northpark            
5/17/12 10 Sebastian 92602 Santa Venetia $840,000 4 2265
5/17/12 9 Poway 92602 Miramar $940,000 4 2810
5/17/12 10 Poway 92602 Miramar $940,000 5 3100
5/18/12 14 Spyrock 92602 Campanile $820,000 4 2350
             
Northwood            
5/18/12 7 Buchanan 92620 Courtside $592,000 3 1538
5/22/12 30 Jackson 92620 Shadow Run $638,000 4 2453
5/22/12 4 Sheridan 92620 Shadow Run $750,000 5 2416
5/22/12 32 Lee 92620 Greenfield $695,000 3 2211
             
Quail Hill            
5/18/12 65 Reunion 92603 william lyon $390,000 2 1468
             
Rancho San Joaquin          
5/18/12 25 Morena 33 92612 RSJ Villas $340,000 2 1280
             
Turtle Ridge            
5/18/12 22 Canyon Terrace 92603 Arezzo $2,075,000 5 3583
             
Turtle Rock            
5/18/12 8 Galaxy 92603 Crest - Akins $980,000 3 2370
5/21/12 18711 Paseo Picasso 92603 Campus View $638,000 3 1710
5/21/12 49 Golden Eagle 92603 Shady Cyn Custom $4,538,888 6 6200
             
University Town Center          
5/18/12 90 Lehigh Aisle 58 92612 Oxford Court $450,000 2 1682
             
West Irvine            
5/23/12 87 Legacy Way 92602 Liberty $675,000 4 2000
             
Westpark            
5/18/12 9 Santa Luzia Aisle 92606   $670,000 3 1700
5/18/12 40 Agostino 92614 Las Palmas $410,000 3 1407
5/21/12 45 Almador 92614 Las Palmas $452,500 3 1407
             
Woodbridge            
5/18/12 27 Woodleaf 92614 Alders $275,000 2 1060
5/18/12 11 Springwater 92604 Townhomes $493,000 3 1490
5/19/12 16 Tanglewood Dr 92604 Park Homes $430,000 3 1325
5/21/12 29 Waterway 4 92614 Lakeshore $1,065,000 4 2700
5/23/12 27 Sweet Rain 92614 Cottage Homes $568,200 3 1571
             
Woodbury            
5/17/12 87 Costa Brava 92620 Bowen Court $330,000 2 1100
5/17/12 110 Pendant 46 92620 San Mateo $578,252 3 1660
5/17/12 81 Calypso 92618 Santa Rosa $350,000 1 1120
5/21/12 28 Herringbone 92620 Cortile $465,000 3 1285

Discuss below or on Talk Irvine.


Posted in News

How Healthy is Irvine’s Housing Ladder?

May 24th, 2012 by Sylvia Walker 

A few weeks ago, I wrote a post about investors gobbling up Irvine’s most affordable housing. Many of these investors have the means to make the purchase an all cash transaction. This is appealing to banks and homeowners; however, it plays havoc with the housing market ladder.

The housing market ladder is often cited as a basic component of a housing market that is functioning in a healthy manner. The theory of the housing market ladder goes like this:  Those with limited incomes buy into the housing market by purchasing a home that is priced at the low end for that area. This allows those who could not otherwise afford to buy a home to become homeowners and, as equity and incomes increase, move up to a higher-end home.

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