by vbindi on June 23, 2009
3000 The Plaza and The Plaza Irvine (5000 & 8000) are one of the most exclusive high rise condominium towers in Irvine, CA. These luxurious high rise towers are located at the corner of Scholarship and Jamboree, west of the 405 Frwy.
3000 The Plaza is a 15 story high rise single tower with a rooftop swimming pool, located at the 3000 block of Scholarship Dr. and comprises of 105 stunning condo units. This tower offers 12 elegantly appointed condo floor plans designed by the world-renowned architect McLarand Vasquez & Partners and they are as follows:
- Residence A: 1 bdrm, 2 baths, 1,370 SqFt (floors 1 - 5)
- Residence B: 2 bdrms plus Den, 2 baths, 1,445 SqFt (floors 1 - 5)
- Residence C: 2 bdrms plus Den, 2.5 baths, 1,935 SqFt (floors 1 - 5)
- Residence C-1: 2 bdrms plus Den, 2 baths, 1,865 SqFt (floors 1 - 5)
- Residence D: 2 bdrms plus Den, 2.5 baths, 1,715 SqFt (floors 6 - 11)
- Residence E: 3 bdrms plus Den, 3.5 baths, 2,390 SqFt (floors 6 - 11)
- Residence F: 2 bdrms plus Den, 2.5 baths, 2,390 SqFt (floors 6 - 11)
- Penthouse 1: 2 bdrms plus Den, 2.5 baths, 1,660 SqFt (top floor)
- Penthouse 2: 2 bdrms, 2.5 baths, 2 Story, 2,300 SqFt (top floor)
- Penthouse 3: 2 bdrms, 2.5 baths, 2 Story, 2,330 SqFt (top floor)
- Penthouse 4: 3 bdrms + Den, 3.5 baths, 2 Story, 2,485 SqFt (top flr)
- Penthouse 5: 3 bdrms + Den, 3.5 baths, 2 Story, 3,025 SqFt (top flr)
3000 The Plaza offers resort-like amenities such as: day and nighe lobby attendant, gated underground parking spaces, concierge service, Club Room with full kitchen, wet bar and adjoining outdoor terrace, Flat Screen TV, Lobby Attendant, Business Center, Rooftop Pool, Jacuzzi, high tech fitness center, entertainment area and fire-pit on the rooftop, on-site retail center, service elevator, and most utilities paid. Association dues are approximately $1,000 to $1,300 per month at the time of this article, and there is No Mello-Roos.
Each condo comes with the best fit and finish such as; Hardwood floors, Granite counter tops, Marble flooring, gourmet Kitchens with stainless steel Appliances, high ceilings, top quality fixtures, wine lockers in wine room, and the upper floor units offer spectacular city lights views, and much more.
3000 The Plaza is located in the heart of the Irvine entertainment and business area, and conveniently close to John Wayne OC Airport, Newport Beach, UC Irvine, Fashion Island, dining, theater and South Coast Plaza.
Fore more information about 3000 The Plaza or to view any of the re-sale or new units for sale, please feel free to contact us at: 949-388-3396 or email us at: Info@SearchOCHomes.com
by vbindi on June 22, 2009
The Avenue One condo community was built in 2006′ by by K Hovanian. Avenue One is located by the intersection of Jamboree and Dupont just west of the 405 Freeway at the 1,000 to 2,000 block of Scholarship road. Avenue One is located close to world class shopping, night clubs, museums, theaters, fine dining, UCI and the beach.
Avenue One comprises of two condo buildings, 2 parking structures and the common area facilities. Avenue One offers 8 well designed floor plans as follows:
- One A - 1 bedroom, 1 bath, 725 square feet
- One AL- 1 bedroom and 2nd story loft, 1 bath, 846 square feet
- One B - 1 bedroom, 1 bath, 602 square feet
- One C - 1 bedroom, 1 bath, 738 square feet
- One CL - 1 bedroom and 2nd story loft, 1 bath, 923 square feet
- One D - 1 bedroom, 1 bath, 738 square feet
- Two A - 2 bedrooms, 2 baths, 1,037 square feet
- Two AL - 2 bedrooms and 2nd story loft, 2 baths, 1,213 square feet
- Two B - 2 bedrooms, 2 baths, 1,318 square feet
- Two BL - 2 bedrooms and 2nd story loft, 2 baths, 1,538 square feet
- Two C - 2 bedrooms, 2 baths, 1,044 square feet
- Two CL - 2 bedrooms and 2nd story loft, 2 baths, 1,207 square feet
- Three A - 3 bedrooms, 2 baths, 1,340 square feet
- Three AL - 3 bedrooms and 2nd story loft, 2 baths, 1,525 square feet
These fine condo units boast of natural granite kitchen and bathroom counter tops, modern two panel interior doors, dual glazed energy efficient windows, and much more.
The association offers resort like amenities such as: Gated entrance, elegant Clubhouse w/plasma TV, Olympic sized pool, spa, high tech fitness center, indoor half basketball court, Bar-B-Que area and more. Avenue One is serviced by the Santa Ana Unified School district. The grade school classes are conducted at Monroe elementary school and the Junior high school is McFadden middle school. The upper grades are serviced by Century High School.
If you would like to view all condos listed for sale in Irvine, visit our website at: Irvine Real Estate. If you would like a private showing of any of the condos for sale in Avenue One, please feel free to call us at: 949-388-3396 or email us at: Info@SearchOCHomes.com
by vbindi on June 20, 2009
Quail Hill Irvine is a popular community within the city of Irvine, Ca. located is the southwest section of Hwy 405 and Laguna Frwy. This beautiful community comprises a wide variety of options from stately detached homes to garden courtyard condos. Construction of homes started in 2002 in this popular community and continues to this day. Quail Hill comprises if 14 distinctive single family home and attached condominium tracts which are listed below:
| Tract Name |
Type |
Builder |
| Ambridge |
Condos |
Wm Lyon |
| Casalon |
Condos |
John Laing Homes |
| Chantilly |
Detached Homes |
Warmington |
| Ivy Wreath |
Condos |
D.R. Horton |
| Jasmine |
Condos |
Shea Homes |
| Laurel Quail Hill |
Detached Homes |
Wm Lyon Homes |
| Linden |
Detached Homes |
Wm Lyon Homes |
| Olivos |
Detached Homes |
California Pacific Homes |
| Sage |
Detached Homes |
California Pacific |
| Sandalwood |
Condos |
Standard Pacific |
| Sienna |
Detached Homes |
Standard Pacific |
| Soltice |
Detached Homes |
Pulte Homes |
| Tapestry |
Detached Homes |
Fieldstone |
| Vicara |
Detached Homes |
Richmond American |
There are currently 14 Condos Active for sale in Quail Hill ranging in price from $399,900 for a 2 bedroom, 2 bath unit with 1,099 square feet, on up to a 4 bedroom, 3 bath, 1,900 Square Foot Condo for $750,000. The median price is $540,000 and the average days on market is 154 days.
There are 18 detached homes currently for sale in Quail Hill, Irvine. These homes range in price from $503,000 for a 2 bedroom, 2.5 bath, 1,030 Square Foot detached home, to a maximum of $2,695,000 for a 4 bedroom, 6 bath, 4,820 Square foot estate. The median price is $1,275,000 and the average days on market is 82 days, and the average price per square foot is $472/SqFt.
In the past 90 days, there were 9 condos that sold and closed escrow in Quail Hill. The minimum priced condominium sold was $430,000 for a 2 bedroom, 2.5 bath, 1,387 square foot condo, on up to $705,000 for a 4 bedroom, 3 bath, 2,014 square foot condominium. The average days on market was 62 days, and the average price per square foot was $345/SqFt.
In the past 3 months, there were 19 detached homes that have sold and closed escrow in Quail Hill, Irvine. These sold homes ranged in price from $450,000 for a 2 bedroom, 2.5 bath 1,145 Square Foot home, on up to $1,500,000 for a 4 bedroom, 3.5 bath, 4,150 square foot estate. The average days on market was 64 days, and the average price per square foot was $394/SqFt.
Quail Hill in Irvine is serviced by the respected Irvine Unified School district. The local elementary schools servicing the area are Alderwood at Quail Hill and Oak Creek. The middle school is Rancho San Joaquin, and the upper grades are serviced by University High School. Quail Hill has Mello Roos tax that ranges from about $1,400 to $3,100 per year dependent upon the home type and location.
If you would like to view all Condos or detached Homes listed for sale in Irvine, please visit our website at: Irvine Real Estate
by vbindi on June 20, 2009
The homes in the West Park area of Irvine have been been popular since this community began. With easy freeway access to both Highway 5 and the 405 Freeway, excellant public schools, close proximity to University of California Irvine (UCI), numerous public parks and beautiful home and condo subdivisions, make this a very desirable community. Home construction began on 1969 and has continued for the past 3 decades with the last home being built in 1997.
There are currently 31 homes for sale in Westpark in Irvine. They range in price from $225,000 for a 1 bedroom, 1 bath, 639 square foot condo built in 1989, on up to $1,185,000 for a 5 bedroom, 4 bath, 3,450 square foot home. The median price is $489,000, with the average price per square foot is $369/SqFt and the average days on marker is 96 days.
Currently, there are 27 homes and condos Pending in escrow in the West Park area of Irvine. These homes range in price from $239,000 for a 1 bedroom, 1 bath 850 square foot condo in the Tiempo tract, on up to $725,000 for a 4 bedroom, 3 bath , 2,130 square foot detached home built in 1997 in the Promenade tract.
In the past 30 days, there were 14 homes and condos that sold and closed escrow in West park in Irvine. These homes ranged in price from $373,000 for a 2 bedroom, 2 bath, 1,186 square foot condo built in 1996 in the Brio tract. The highest price was $917,000 for a 5 bedroom, 3.5 baths 2,801 square foot home built in 1989 in the Sorrento tract.
West Park is located in the prestigious Irvine Unified School District. The homes in this community are serviced by three Elementary schools which are Plaza Vista elementary, Culverdale elementary and Westpark elementary. The Intermediary school is Southlake Middle school and the High School is Woodbridge. West Park is located in central Irvine, and is bordered by the 405 Freeway, Jamboree, Culver and Irvine Center Dr.
To view all home for sale in Irvine, visit our website at Irvine Real Estate.
by vbindi on March 24, 2009
SUBJECT PROPERTY: This successful short sale was completed for a single family home in Irvine, CA. It was 4 bedroom home with 2,080 square feet of living area. This home was sold and closed escrow in January, 2009, via a Short Sale by ShortSalesASAP. This detached house was purchased by the homeowner in February of 2002′ for $405,000. The owner then refinanced and also obtained a Equity Line of Credit loan (HELOC) in 2nd position with a total new loan balance of approximately $650,000 in 2005′ . The 1st Mortgage was Virtual Bank with an adjustable rate mortgage with a balance of $508,000, and the 2nd HELOC loan was with WAMU, which was an interest only loan with a balance of about $142,000.
FINANCIAL NUMBERS: Due to the dramatic drop in real estate prices that has hit southern California, including Irvine, this home has dropped in value by more then 32% since the refinance in late 2005′. The homeowner had a financial hardship and was having trouble keeping up with their mortgage payments, so they investigated a Loan Modification. They could not qualify for one, for the debt to income ratio was to low. Also, the loan modification did not address the fact that the home had loan debts and other liens that were more then $50,000 more then the home was worth. They contacted us in July of 2008′ to learn about the Short Sale option, and selected us to conduct the short sale.
PREPARATION PHASE I: This Irvine home was initially put in our Short Sale Preparation Phase. In this phase, we gather the documents from the homeowner and contact the banks to establish and present our short sale case. This Preparation Phase took about 4 weeks to complete, and during that time the homeowner lived in the property as usual with no interruptions from other agents or prospective home buyers.
SALES AND MARKETING PHASE: The Short Sale Marketing-Sales Phase is where we placed the property on the market in the Multiple Listing Service (MLS) at a price of $625,000. After a period of about 4 weeks, we obtained a buyer. After several counter offers, we obtained a purchase price of $615,000. This Phase took 4 weeks to complete.
BANK NEGOTIATIONS PHASE: The Short Sale Bank Negotiations Phase began after we obtain the signed offer from the Buyer. Here we packaged the purchase offer from the Buyer, with required Short Sale disclosures, along with the Buyers loan qualification documents. We submit the updated package to the 1st and 2nd mortgage banks, to conduct the final short sale negotiations. After some tough negotiations with our expert short sale Realtor team, our attorney and the bank officials, we got both the 1st and 2nd Mortgage Banks to agree to the short sale offer. Once we received the bank short sale approval letters, we moved forward with the buyers closing through escrow. The last Phase was completed in about 3 weeks.
CONCLUSION: The result was that the entire debt on the home was removed from the homeowner. The homeowner was able to live in their home during this short sale process and did not make any mortgage payments payments. They were also able to rent a comparable home for substantially less then what their payments used to be. In addition, the homeowners credit was not as damaged as it would have been if the banks had foreclosed. They are now working with our credit restoration affiliate and their credit rating should be repaired to a level where they should be able to once again buy a home in Irvine by the end of 2009′ .
ShortSaleASAP is licensed with the California Department of Real Estate, and our services are free to the homeowner, for we are paid by the mortgage bank(s). If you have any questions regarding Short Sales, contact our team of experts at: (949) 388-3396 or drop us an email at: Info@ShortSalesASAP.com
by Vincent Bindi on May 27, 2008
Currently there are 840 Active properties listed for sale in Irvine, CA., of which 414 are attached Condos, and 426 are detached single family homes. Of these 840 homes and condos for sale, 152 are Short Sales listed for sale, which represents 18% of the total inventory. 11 of these properties Active for sale are Bank Owner Foreclosures which represent just 1.3% of the total inventory of homes and condos for sale in Irvine, Ca.
Today, there are 245 properties that are under contract pending in escrow in Irvine, CA. Of this total, there are 58 Short Sales properties that are pending in escrow, which represents 23.6% of the total number of properties in escrow. In addition, there are 19 Bank Owned Foreclosures that are pending in escrow in Irvine, which represents 7.7% of the total pending properties.
For the past month of April, there were 146 homes and condos that sold and closed escrow in Irvine, CA. Of this total, there were 14 Short Sale properties that sold, which is 9.5% of the total volume of sales for April. Finally, there were 16 homes and condos that sold in the past month that were Bank Owned foreclosures, which represents 10.9% of all properties sold in April in Irvine, Ca.
For more information regarding Bank Owned foreclosure properties, or short sale properties listed for sale, please call us at: 949-388-3396.
by Vincent Bindi on August 10, 2007
The condos in the Tiempo tract in the popular Westpark area of Irvine, CA. are located near the intersection of Culver Dr. and Irvine Blvd. Irvine has grown into what many describe as a “total destination,” a community boasting of state-of-the-art transportation programs and systems, an enterprising business environment, stellar educational institutions, loads of entertainment options, close to great beaches and perfect year round weather. The contemporary condos of Tiempo in Westpark have been very popular with first time home buyers. Renowned builder William Lyon developed this neighborhood in the late 1980’s and the condominiums have been kept in immaculate condition ever since. The highly sought-after Tiempo tract in Westpark, Irvine consists of 397 units, 937 parking spaces, and a wide variety of floor plans to fit most everyone’s needs. The different models are as follows:
- A- Aurora- 1 bedroom, 1 bath, 692 sqft, 1 carport
- B- Anada- 1 bedroom 1 bath, 830 sqft, 1 carport
- C- Brisas- 2 bedrooms 2 baths, 840 sqft, 1 carport
- D- Cresta- 2 bedrooms 2 baths, 897 sqft, 1 fireplace, 1 car garage
- E- Dorado- 2 bedrooms 2 baths, 1,002 sqft, 1 fireplace, 1 car garage
- F- Estrella- 2 bedrooms 2 baths, 903 sqft, 1 fireplace, 1 car garage
- G- Fiesta- 2 bedrooms 2.5 baths, 1,031 sqft, 1 fireplace, 2 car garage
- H- Granada- 2 bedrooms 2 baths, 1,075 sqft, 1 fireplace, 1 car garage
- I- Hermosa- 3 bedrooms 2 baths, 1,206 sqft, 1 fireplace, 1 car garage
Neighborhood amenities at Tiempo include; a recreation center, association pool, spa, basketball and tennis courts, as well as a bike path at the back of the complex. Home owners’ association dues are about $185 per month at the time of this article (and are subject to change). There is Mello-Roos tax in this community but the rate is very low compared to other newer communities in the area. The complex is close to shopping, UCI, employment centers, freeways, parks, bike trails and more.
The condominiums at Tiempo are serviced by the well admired Irvine Unified School District. The grade school classes are conducted by Westpark Elementary. The junior high students are taught at Southlake Middle School and the upper grades are held at Woodbridge High School. Just within minutes you will also find the popular and highly respected colleges of Concordia University, Irvine Valley College, and University of California Irvine (UCI).
The streets that comprise of the Tiempo tract are as follows: Abrazo Aisle, Alberti Aisle, Alicante Aisle, Costero Aisle, Lombardy Aisle and Marbella. Prices for the 1 bedroom floor plans currently range in the price from the low $300K’s on up to the mid $300K’s. Prices for the 2 bedroom models will usually range in price from the high $300K’s on up to the high $400K’s. The 3 bedroom plans will range from the low $500K’s up to the mid $500K’s. (Prices are subject to change). If you would like to find out more about the Tiempo condo community, or if you want to see the inside of Irvine condos for sale, please feel free to call us at: 949-388-3396 or email us at: Info@SearchOCHomes.com
by Vincent Bindi on July 27, 2007
Many feel that 3000 The Plaza and The Plaza Irvine (5000 & 8000) are the most exclusive new high rise condominium towers in Irvine, CA. These modern and luxurious triple high rise towers are located at the corner of Jamboree and Scholarship, just west of the 405 freeway.
3000 The Plaza is located in the heart of the Irvine entertainment and business area, and conveniently close to John Wayne OC Airport, Newport Beach, UC Irvine, Fashion Island, dining, theater and South Coast Plaza.
At the time of the writing of this article, prices range from the Mid $600K’s to $1 Mil for Residences A through C-1, and from $1 Million to $1.5 Million for Residences D through F, and the Penthouses run from $1.4Million on up to several Million.
Fore more information about 3000 The Plaza or to view any of the re-sale or new units for sale, please feel free to contact us at: 949-388-3396 or email us at: Info@SearchOCHomes.com
by Vincent Bindi on July 17, 2007
The homes of Summerfield in Woodbridge Village, Irvine are located by the intersection of Culver Dr. and Alton Pkwy. Irvine is one of the nation’s largest planned urban communities and encompasses more than 55 square miles. Woodbridge is a very desirable location within Irvine for is is near John Wayne airport and business corridor, the beautiful South Lake, outstanding schools, pools and has easy access to freeways. The neighborhood of Summerfield includes 258 highly sought after homes located in one of the safest cities in America ! These homes were built in the 1980’s by the builders Standard Pacific. Summerfield comprises of four distinct floor plans as follows:
- Sunrise- 3 bedrooms, 2 baths, 1,435 sqft, 2 car garage
- Meadowlark- 3 bedrooms, 2 baths, 1,619 sqft, 2 car garage
- Wildflower- 4 bedrooms 2.5 baths, 1,801 sqft, 2 car garage
- Wildflower- 4 bedrooms 2.5 baths, 1,801 sqft, 2 car garage
Each home includes a fireplace and 2 car garage. Neighborhood amenities include association pool, spa, tennis courts, barbeque, and club house/recreation facility center. The association dues are around $67 per month and there is no mello roos!
Homes in Summerfield are price in the range of $759,900 on up to $1 Million. The streets that comprise of the Summerfield community in Woodbridge Village are as follows: Fairdawn, Halfmoon, Newmeadow, Soaring Hawk, Summerstone, Tidewater, Timbergate, Whistling Isle, and Whitecloud.
The homes of Summerfield of Woodbridge are serviced by the award winning Irvine Unified Public School District. The grade school classes are conducted at Meadowpark Elementary School and the middle school is serviced by South Lake Middle School. The upper grade classes are held at Woodbridge High School. Just within minutes you will also find the popular and highly respected colleges of Concordia University, Irvine Valley College, and University of California Irvine (UCI). A perfect community for college students and professors!
by Vincent Bindi on June 6, 2007
The newly developed residential high rise condo developments such as the Watermarke, Marquee Park Place, Avenue One and others have been the rage in Irvine lately. But the first pioneering and successful high rise condo development in Irvine was the Metropolitan, located on Martin Ave and close to John Wayne Airport.
The human guard gated Metropolitan community offers a tropical ambiance and lush atrium’s. These condominiums are located just minutes from freeways, John Wayne Airport, fine dining, world renowned shopping plazas, cultural venues and University of California Irvine. Given it’s convenient location to the Airport, the Metropolitan has been popular to home owners who travel frequently and to residents who work in the Airline industry.
The Metropolitan offers luxury resort type amenities such as; large swimming pool, spa, recreation center and gym fitness center. The 98 condominiums of the Metropolitan were built in the mid 1990s by the distinguished builder Douglas Plaza Ltd. This fine community consists of several distinct floor plans to choose from as follows:
- Plan A- 1 bedroom 1 bath, 934 sqft
- Plan B- 2 bedrooms, 2 baths, 1,269 sqft
- Plan C- 1 bedroom 1 bath, 808 sqft
- Plan D- 2 bedrooms 2 baths, 1,326 sqft
- Plan E- 2 bedrooms, 2 baths, 1,297 sqft
Each condo includes a deck as well as subterranean parking with lots of storage room. Home owners’ association dues are approximately $394 per month (subject to change) which includes maintenance of all community amenities such as club house/recreation facility, gym/exercise room, and landscaping. Also included in the dues are property insurance, and trash service, and maintenance of the pool and spa.
Given it’s convenient location to local restaurants and the John Wayne Airport, the Metropolitan has been popular to home owners who travel frequently and to residents who work in the Airline industry. For the 1 bedroom floor plans, prices have been currently ranging from $339,000 up to $430,000 depending upon it’s condition and location and view. For the 2 bedroom units, prices vary from $460,000 on up to $670,000 for the top floor penthouse models. (Prices are subject to change over time)
The Metropolitan is serviced by the Santa Ana Unified School District. Primary grades are conducted at Monroe Elementary, and junior high is held at McFadden Middle School. Upper level grades are taught at Century High School.
If you would like more information about the Metropolitan, or if you would like to see any of the condos currently for sale, please feel free to call us at: 949-388-3396 or drop us an email at: Info@SearchOCHomes.com If you would like to view all condos for sale in Irvine, please visit our website at: Irvine MLS
