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71 Festivo

71 Festivo, Irvine, CA 92606
Property in Westpark
Sold Mar 30, 2021
$1,537,000
$814,000 by Rocket Mortgage Llc
Mortgage Due Nov 01, 2051
Sold Feb 18, 2014
$1,090,000
Local assessors in Irvine, CA have categorized 71 Festivo as a residential type of property. The home was built in 1995 and is 29 years old. The property's lot size has been calculated to be 4,500 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 71 Festivo has a total of 2,607 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 404 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Residents rely on central air conditioning for their cooling system. The home's a gas heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Mar 16, 2021 for $1,537,000. That's $589.57 per sqft. Prior to that sales transaction, the property was also sold in Feb 7, 2014 for $1,090,000. 71 Festivo was last assessed in 2023. The total value of the property was assessed at $1,606,654. Specifically, the land the property is located on was valued at $1,278,541. While improvements on the property were assessed at a total of $328,113. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $17,006. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 404
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,500
  • Total Building Area: 2,607
  • Building Area: 2,607
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Gas
  • Heated Square Feet: 2,607
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 14873
  • Land Acres: 0.103
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 14873 BLK LOT 89

Ownership

  • Current Owner : SHIMOMURA RYAN
  • Current Owner 2: SHIMOMURA CALLEN
  • Previous Owner : MA LIANGBIN
  • Previous Owner 2: WANG SHUAI
  • Owner Before Previous Owner: HAYAT SHAHID J
  • Owner Before Previous Owner 2: HAYAT FARHEEN
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Irvine Unified School District
  • Census Tract: 052529

Geography

  • Subdivision Tract Number: 14873
  • Parcel: 434-261-27
  • Lot: 89
  • Latitude: 33.6919
  • Longitude: -117.809

    Address

  • Full Address: 71 Festivo
  • Address - House Number: 71
  • Address - Street Name: Festivo
  • State: CA
  • City Name: Irvine
  • Carrier Code: C066
  • 4-Digit Zip Code: 8908
  • Zip Code: 92606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $17,006
  • Tax Rate Code Area: 26-087

    Appraisal Valuation

  • Standard Deviation: 0.1862
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 75
  • Final Value: 1,944,660
  • High Value: 2,306,780
  • Low Value: 1,582,540

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $814,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 06, 2021
  • First Open Lien Mortgage Loan Amount: $814,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,606,654
  • Assessed Land Value: $1,278,541
  • Assessed Improvements Value: $328,113

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 16, 2021
  • Current Sale Recording Date: Mar 30, 2021
  • Current Sale Transaction ID: 11827709870
  • Current Sale Price: $1,537,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021000217713
  • Previous Sale Recording Date: Feb 18, 2014
  • Previous Sale Contract Date: Feb 07, 2014
  • Previous Sale Amount: $1,090,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Mar 30, 2021
  • First Mortgage Loan Amount: $822,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

About Westpark



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Frequently Asked Questions

What neighborhood is 71 Festivo located in?
The 71 Festivo is a located in the neighborhood of Westpark in Westpark, Irvine.
What is the average sales price for listings in 71 Festivo?
The average sales price for units in 71 Festivo is $0 currently.

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