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Open House Review: 22 Glenn

Feb 28th, 2013 by Karen 

This week, I visited 22 Glenn, an older (1980) home in Northwood.  It is located on a quiet cul-de-sac with a park at the end of the street and it backs to a greenbelt that divides it from the newer Northwood II neighborhood.

The basics:
Asking Price: $865,000
Bedrooms: 4
Bathrooms: 2.5
Square Footage: 2900
Lot Size: 5,820
$/Sq Ft: $298
Days on Market: 23
Property Type: Single Family Home
Year Built: 1980
Community: Northwood

There are no HOA dues or Mello Roos taxes.

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Irvine Housing Numbers by Neighborhood - 2013

Feb 27th, 2013 by Sylvia Walker 

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

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Posted in News

Open House Review: 20 Rainstar

Feb 26th, 2013 by SMS 

Woodbridge Entertainer Gem                
20 Rainstar    $1,100,000

Having just seen 5 Rainstar in Woodbridge, an upscale remodel that is now a sale pending, I wanted to see how this single family home at 20 Rainstar would compare.

Significant Numbers:  New to the market, this two level, 4 bedroom, 3 bath, single family home is now also a sale pending after 9 days with backup offers accepted.  I saw it last Saturday in a busy open house.  The square footage is 2,460 and the lot size is 5,000 square ft.  Built in 1981, it is $447/sq. ft.   There is no Mello Roos. HOA dues are $82.

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Bub-bub-bub-B-U-B-B-L-E

Feb 25th, 2013 by Cubic Zirconia 

Inventory as of 2/24/2013: 2-0-0.

As Irvine inventory drops and the nationwide housing statistics show signs of life, we have moved into a seller's market. Last year, around spring, I questioned if this is the worst Irvine saw, and in fall, I wondered if this is recovery. Within a year, we have gone from bottom to recovery to a bubble. Condominiums are being listed for a price that people paid to buy single family homes just a year ago. Here is my favorite village "West Irvine" which saw the worst last winter, and stabilized last summer, and now is booming.

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Closed Sales from 2/14/2013 to 2/20/2013

Feb 22nd, 2013 by nilam 
Date Sold Address Zip Tract Sold Price Beds SqFt
             
Airport Area          
2/14/2013 2110 Watermarke 92612 Watermarke $220,000 1 635
2/14/2013 8103 Scholarship 92612 The Plaza (5000 and 8000) $1,700,000 2 2385
2/15/2013 21 Gramercy - 421 92612 Belvedere (CPWBL) $512,000 2 1552
2/15/2013 21 Gramercy - 402 92612 Belvedere (CPWBL) $517,000 2 1552
2/15/2013 21 Gramercy - 218 92612 Belvedere (CPWBL) $549,000 2 1681
2/15/2013 21 Gramercy - 318 92612 Belvedere (CPWBL) $561,000 2 1681
2/15/2013 58 Soho 92612 Granville $618,000 3 1878
2/15/2013 3060 Scholarship 92612 3000 The Plaza (3PLZ) $1,100,000 2 1930
             
El Camino Real          
2/14/2013 9 Stonepine 92604 Smoketree $375,000 2 925
2/14/2013 12 Phoenix 92604 Heritage Park $460,000 3 1205
2/17/2013 4091 Homestead 92604 Greentree (GT) $520,000 2 1190
             
Northpark            
2/15/2013 6 Villoria 92602 Mendocino $865,000 4 2558
             
Northwood          
2/14/2013 20 Shadowplay 92620 Serissa (SERI) $725,000 3 2146
2/14/2013 32 Plumeria 92620 Arbor Crest $1,399,000 4 3300
2/15/2013 106 Winslow 92620 Glenneyre at Lanes End $618,000 3 1340
2/15/2013 189 Huntington 92620 Horizon $235,000 1 690
             
Oak Creek            
2/20/2013 16 Japonica 92618 Kenwood $1,125,000 5 3600
             
Orangetree          
2/19/2013 82 Tangelo 92618 Lake Condos $208,000 1 661
2/19/2013 7301 Apricot 92618 Terrace (Stacked) $345,000 2 1014
             
Portola Springs          
2/15/2013 28 Canoe 92618 Ironwood $664,880 4 2423
             
Quail Hill            
2/14/2013 112 Reunion 92603 Sage $515,000 3 1497
             
Rancho San Joaquin          
2/14/2013 44 Arboles 92612 RSJ Townhomes $515,000 2 1507
             
Turtle Rock          
2/15/2013 12 Sycamore 92603 Glen Patio Homes $1,100,000 3 2000
2/15/2013 63 Rainbow Ridge 92603   $500,000 2 1450
2/19/2013 18992 Antioch 92603 Broadmoor $1,155,000 4 2233
             
University Town Center          
2/19/2013 22 Wellesley 92612 Cambridge Court $545,000 2 1447
             
Walnut (Irvine)          
2/20/2013 50 Oval 92604   $329,000 2 1044
             
Westpark            
2/18/2013 36 Alcoba 92614 Las Palmas $435,000 3 1610
             
Woodbridge          
2/14/2013 16 Greenfield 92614   $355,000 2 1267
2/14/2013 21 Soaring Hawk 92614 Summerfield $660,000 3 1700
2/15/2013 18 Oakdale 92604 Creekside $742,000 4 2150
2/19/2013 11 Fallbrook 92604 Creekside $739,000 5 2200
2/19/2013 19 Bayfield 92614 South Lake Villas $635,000 4 1700
             
Woodbury            
2/15/2013 22 Calypso 92618 Santa Rosa (SROSA) $475,000 2 1441
2/15/2013 76 Vintage 92620 Treo $530,000 3 2150
2/15/2013 93 Long Meadow 92620 Lombard Court $490,000 2 1580

Discuss on Talk Irvine: http://www.talkirvine.com/index.php/topic,3565.0.html


Posted in News

Open House Review: 6 Night Bloom

Feb 21st, 2013 by Karen 

As I turned down the street towards 6 Night Bloom, I saw three families leaving the open house and two more heading in.  Once inside, the dozen pairs of shoes in the entryway confirmed that there was a lot of interest in this home.

The basics:
Asking Price: $600,000
Bedrooms: 3
Bathrooms: 2.5
Square Footage: 1,635
Lot Size: 1,000 (per redfin)
$/Sq Ft: $367
Days on Market: 7
Property Type: detached condo
Year Built: 2006

HOA dues are $156 per month and there are Mello Roos taxes.

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Irvine House vs Condo Numbers: February 2013

Feb 20th, 2013 by Sylvia Walker 

According to Altos Research, it’s up, up, and away for the Irvine’s single-family housing market. The Altos Market Action Index for Irvine’s single-family homes is 33.10, which Altos defines as a seller’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 in Irvine has been on the market for about 133 days as of February 9, 2013.

Altos Market Action Index for Single-family Homes in Irvine
Altos Research

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Posted in News
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