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Open House Review:  18 Southern Wood

Jul 31st, 2012 by SMS 

Best Priced Single Family Home in Turtle Rock Hills

18 Southern Wood: $980,000

As I turned off Turtle Rock Drive onto Southern Wood, I remembered seeing another open house in this neighborhood at 10 Windflower.  This single family 3 bedroom, 2.5 bath home is one street up from the Windflower home.

And as it turns out, the similarities and differences in the two homes generate some good questions.  New to the market, and in the realtor’s words, “the best priced single family home in Turtle Rock Hills,” 18 Southern Wood is situated on a 10,000 sq. ft. lot with a panoramic canyon and mountain view, and a back yard that is really one big beautiful garden.

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Doubling in Northwood Pointe

Jul 30th, 2012 by Cubic Zirconia 

If somebody had offered me to give me more than double of my investment in seven years, or at least double it in twelve years, recession notwithstanding, I would have scoffed at the idea. But that’s exactly what two real estate investments have paid off in Northwood. From their initial price of around $600k in 1999/2000, both have managed to climb steadily to their offered price around $1.4 million today.

 

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Closed Sales from 7/19/2012 to 7/25/2012

Jul 27th, 2012 by nilam 
Date Sold Address Zip Tract Sold Price Beds Sq Ft
Airport Area            
7/19/12 3141 Michelson DR 405 92612 Marquee @ Park Place $350,000 2 1297
7/23/12 2140 Scholarship 92612 Avenue One $210,000 1 725
             
El Camino Real          
7/19/12 1 Black Oak 92604 Smoketree $455,000 3 1172
7/25/12 25 Snowberry 32 92604 Deerfield Townhomes $370,000 3 1250
             
Northpark            
7/25/12 1302 Terra Bella 92602 Terra Bella $422,000 3 1614
             
Northwood            
7/19/12 38 Potomac 92620 Glen (NW) $650,000 3 2400
7/19/12 618 Timberwood 92620 Collage $345,000 2 1270
7/20/12 6 Urbino 92620 Windstream $922,000 4 3268
7/20/12 212 Garden Gate Ln 92620 Glenneyre @ Lanes End $410,000 2 1039
7/20/12 324 Monroe 182 92620 Timberline $377,000 2 1200
7/23/12 15 Hermosa 92620 Windstream $780,000 4 2618
7/24/12 54 Night Bloom 92602 Mericort $535,000 3 1479
7/24/12 3 Yorktown 92620   $681,000 4 2214
7/25/12 42 Colonial 92620 Woodside II $835,000 4 2427
             
Oak Creek            
7/20/12 3306 Orangewood 92618 Oak Park $320,000 2 1031
             
Quail Hill            
7/24/12 150 Treehouse 92603 Tapestry $990,000 4 2557
             
Turtle Ridge            
7/19/12 62 Valley Terrace 92603 Fiore $1,688,000 5 3000
7/19/12 24 View Ter 92603 Citrus $2,150,000 4 3565
7/20/12 36 Gardenpath 92603 Arborel $949,000 3 1770
             
Turtle Rock            
7/25/12 6232 Sierra Siena RD 92603 Broadmoor $1,075,000 3 2574
7/25/12 14 Elderberry 92603 Highlands Garden $970,000 3 2773
             
University Park          
7/24/12 3 Senisa 92612 Village I $545,000 3 1741
             
University Town Center          
7/23/12 56 Columbia 4 92612 Columbia Square $400,000 2 1232
7/24/12 119 OXFORD 27 92612 Columbia Square $350,000 2 1244
7/24/12 42 Lehigh Aisle 152 92612 Oxford Court $585,000 3 1916
             
West Irvine            
7/19/12 29 Olde Berry 55 92602 Andover $385,000 3 1364
7/25/12 6 ASBURY 92602 Ivywood $759,800 3 2400
             
Westpark            
7/20/12 1304 Solvay Aisle 92606 Brio $265,000 1 785
7/20/12 6 Del Vincente 92606 Unknown $550,000 3 1350
             
Woodbridge            
7/20/12 46 Greenbough 101 92614 Somerset $340,000 3 1260
7/20/12 187 Briarwood 92604 Other $259,000 2 921
7/25/12 28 Silkleaf 92614 Cottage Homes $585,000 3 1571
7/25/12 13 Chardonnay 59 92614 Chateaux $362,500 2 1145
             
Woodbury            
7/20/12 47 Stowe 92620 Mille Fleurs $1,050,000 5 3780

Discuss below or Talk Irvine.


Posted in News

Open House Review: 9 Carriage Drive

Jul 26th, 2012 by Karen 

Prior to today, I had never been in the West Irvine community at all.  I hadn’t driven down the streets or gone into any of the homes.  I decided to take a look and was somewhat surprised by what I found.  The biggest surprise was a lack of HOA, since every other new community in Irvine has a community pool and other amenities typical of a homeowner’s association.  Also, the area felt a little cramped, like the houses were too close to the street or too close to each other.  It just didn’t feel as open as many of the other neighborhoods in Irvine.

On the bright side, I did like the house itself – 9 Carriage Drive.

The basics:
Asking Price: $749,000
Bedrooms: 4
Bathrooms: 2.5
Square Footage: 2,237
Lot Size: 3,740
$/Sq Ft: $335
Property Type: Single Family Home
Year Built: 1999
Community: West Irvine

There are no HOA dues but there are Mello Roos taxes.

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Irvine House vs. Condo Numbers: July 2012

Jul 25th, 2012 by Sylvia Walker 

According to Altos Research, Irvine’s single-family homes have a Market Action Index of 21.70, which Altos defines as a buyer’s market. (Above 30 is defined as a seller’s market; below is defined as a buyer’s market.)  Altos also states that the average single-family home has been on the market for about 128 days as of July 20, 2012.

Median Price of Single-family Homes in Irvine
Altos Research

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Posted in News

Open House Review: 10 Monterey

Jul 24th, 2012 by SMS 

Condo Questions in Turtle Rock Pointe

10 Monterey: $775,000

Driving on Ridgeline Drive in Turtle Rock with open fields and views all around, and then entering the gated community of Turtle Rock Pointe, my  first question was how this 10 Monterey condo fits into today’s market. Next question: how does it compare with the 33 Valley View condo that I saw last week?

Nicely situated in an elevated area in a quiet cul-de-sac, 10 Monterey has a strong curbside presence backed up with a polished, put together interior.  This 3 bedroom, 2.75  bath condo makes the most of 2,104 square feet in a functional and appealing home.

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Wisteria or Liberty

Jul 23rd, 2012 by Cubic Zirconia 

Two West Irvine detached condominiums on the market have the same floor plan, and same listing price of $609,900. But, around their listing price is a single family residence with wood flooring, crown molding and other upgrades. At $639,000, it might end up working cheaper to own a single family residence than a condominium. What compels people to buy the overpriced condominiums when the single family residences are listed for a better price? The community is still the same, and the schools are the same.

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