108 Orchid Terrace Irvine, CA 92618

$2,731,500 Sold Price as of 09/21/2016

5 Beds
5 Baths
5,085 Sq.Ft.

Off Market

$2,731,500 Sold Price as of 09/21/2016 Refinance Your Mortgage

Map preview of 108 Orchid Terrace, Irvine, CA 92618

Property Overview: 108 Orchid Terrace Irvine, CA has 5 bedrooms, 5 bathrooms, 5,085 living square feet and 11,531 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

108 Orchid Terrace is currently an off market home in the city of Irvine. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Irvine has a median list price of $1,680,000. The median price per/sqft for Irvine is $844. With those numbers in mind, if you are looking to purchase a median priced home in Irvine, CA and put 20% down you will need to save up $336,000 for the down payment and will need roughly $33,600 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Irvine the commission could be as much as $83,400. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 108 Orchid Terrace

Last sold for $2,731,500 on September 21st, 2016

April, 2023
Apr 26, 2023

Date

Canceled

CRMLS: OC23057673

$17,800

Price
Apr 7, 2023

Date

Active

CRMLS: OC23057673

$17,800

Price
Listing provided courtesy of CRMLS

Nestled in the coveted Southern Irvine region within the 24-hour gated community of Hidden Canyon, this luxurious home was constructed in 2016 by the renowned builder, Toll Brothers. Boasting 5 bedrooms, 5.5 baths, and spanning 5,500 sf living space, this home is situated on a spacious 12,000 square foot lot. Throughout the home, you'll find a host of top-of-the-line features, including upgraded tile and wood flooring, stunning Taj Mahal waterfall countertops adorning the kitchen islands, automatic shutters, a 60-inch refrigerator, and other WOLF high-end kitchen appliances. Additionally, a prep kitchen comes fully equipped with a second dishwasher, wolf range, and steamer, ensuring that all your culinary needs are met. Solar Panels save several hundred dollars a month. The house is situated facing south, allowing for warm sunshine to fill the home throughout the day. For entertainment, the second-floor bonus room offers a professional-grade 165-inch TV wall, perfect for hosting game nights with friends and family. Outside, the home features one of the largest backyards in the community, complete with a double slide playground, a 75-foot-long pool, a never-before-used outdoor barbecue, and more than 20 fruit trees and hundreds of roses. This space is ideal for hosting family gatherings and provides plenty of room for children to play. With only one neighbor to the left, this property offers a high level of privacy. Conveniently located near major freeways such as the 405 and 5, as well as the 133 toll road and John Wayne airport, this home is just a 5-minute drive from the popular Irvine Spectrum Center. Additionally, this home falls within the highly desirable University High School zone of the Irvine Unified School District, which holds a perfect score of 10 by US News. This luxurious property offers an unparalleled living experience in one of the most desirable areas of Southern Irvine, with warm sunshine filling the home all day long.

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September, 2016
Sep 21, 2016

Date

Sold (Public Records)

Public Records

$2,731,500

Price

Tax History for 108 Orchid Terrace

Assessed Value (2020): $2,973,077

Year	Land Value	Improved Value	Assessed Value
2020	$1,642,584	$1,330,493	$2,973,077

About 108 Orchid Terrace

Detailed summary of property

108 Orchid Terrace is a single family home in Irvine, CA 92618 and last sold on September 21, 2016 for $2,731,500. This house has 5 bedrooms, 5 bathrooms, roughly 5,085 living square feet, and sits on an approximately 11,531 square foot lot. Homes in Irvine are selling for a median price of $1,668,000 and a median price per square foot of $856. Based on Ardent Real Estate Group's Irvine Market Data, this home is sold 63.76% higher than the current median priced home. 108 Orchid Terrace was last sold on September 21, 2016 for $2,731,500. Local nearby listings include 171 Follyhatch, 21065 Raquel Rd and 51 Cartwheel. The average home in Irvine, CA is selling in 49 days. There are currently 528 homes for sale in the Irvine real estate market and 232 of them are single family homes while 259 of them are condos and 37 are townhomes. If you are the homeowner and looking to sell the home at 108 Orchid Terrace Irvine, CA 92618 contact Ardent Real Estate Group and we will put you in touch with one of our Irvine agents.

Public Facts for 108 Orchid Terrace

Public county record property details

Beds: 5
Baths: 5
Year built: 2016
Sq. Ft.: 5,085
Lot Size: 11,531
Stories: --

Type: Single Family Residential
Pool: Yes
Spa: Yes
County: Orange
Lot#: --
APN: 586-051-52

The source for these homes facts are from public records.

92618 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,858,000

Median List Price/Sq.Ft.

$845

Median Sold Price

$1,750,000

Median Sold Price/Sq.Ft.

$844

Total Inventory

161

Median Sale to List Price %

103%

Avg Days on Market

Loan Type

Conventional (33.33%), FHA (1.52%), VA (0%), Cash (46.97%), Other (18.18%)

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