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16 Palmento Way, Irvine, CA 92612
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16 Palmento Way Irvine, CA 92612

$796,500 Sold Price as of 11/13/2020
  • 3 Beds
  • 2.5 Baths
  • 1,726 Sq.Ft.
Sold
$796,500 Sold Price as of 11/13/2020 Refinance Your Mortgage
Map preview of 16 Palmento Way, Irvine, CA 92612

Property Overview: 16 Palmento Way Irvine, CA has 3 bedrooms, 2.5 bathrooms, 1,726 living square feet and 3,200 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Year after year, Irvine has been named one of America's safest cities. Adding to that, it was also ranked #6 in Money Magazine’s Best Places to Live and this University Park home is the perfect place to enjoy everything Irvine has to offer. With a gated back yard that opens to a tree-filled greenbelt which provides easy access to the Association’s tennis courts, community swimming pools, spa, clubhouse, BBQ's and picnic areas, this 3 Bed, 2.5 Bath, Single Family Home has it all. The large downstairs living room with a fireplace opens up to the dining room and kitchen as well as views to the entertainer's patio. Upstairs you will find 3 bedrooms, including an ensuite master bedroom complete with a large deck that overlooks the vast greenbelt. The house has been updated with dual pane windows, plantation shutters in all the bedrooms, and recessed lighting throughout. While UCI is just minutes away, you can walk to nearby Blue Ribbon Schools including University Park Elementary, Rancho Middle School, and award-winning University High School. This home also offers an attached oversized 2 car garage with plenty of storage and an additional 2 parking spaces on the driveway. Come see it for yourself.

Listed by Arthur Jeppe | BRE #01951274 | Compass
Last checked: 10 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
3,200
HOA Dues
$210/mo
Year built
1967
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
NP20185588
City
Irvine
County
Orange
Time on Site
1342 days

Virtual Tour

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Property Details for 16 Palmento Way

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Gas
Heating Information
  • Has Heating
  • Central, Natural Gas, Fireplace(s)
Laundry Information
  • Has Laundry
  • Dryer Included, Gas Dryer Hookup, In Garage, Washer Hookup, Washer Included
Fireplace Information
  • Has Fireplace
  • Living Room, Gas
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 1
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Flooring: Carpet, Laminate, Tile
  • All Bedrooms Up, Attic, Kitchen, Living Room, Master Bathroom, Master Bedroom
Kitchen Information
  • Has Appliances
  • Convection Oven, Dishwasher, Gas Oven, Gas Range, Ice Maker, Microwave, Range Hood, Refrigerator, Water Heater, Water Line to Refrigerator, Water Purifier
  • Granite Counters
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 1
Interior Features
  • Balcony, Ceiling Fan(s), Granite Counters, Living Room Balcony, Pantry, Recessed Lighting, Unfurnished
  • Levels: Two
  • Window Features: Double Pane Windows, Drapes, Insulated Windows, Plantation Shutters
  • Door Features: French Doors
Exterior Features
Exterior Information
  • Roof: Composition, Flat, Spanish Tile
  • Has Fence
  • Block, Good Condition, Wrought Iron
  • Has Spa
  • Spa Features: Association, Heated, In Ground
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: Association, Fenced, Heated, In Ground
  • Concrete, Patio
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway, Garage, Garage Faces Front, Guest, Side by Side
  • Has Attached Garage
Lot Information
  • Lot Features: Back Yard, Close to Clubhouse, Cul-De-Sac, Front Yard, Greenbelt, Rectangular Lot, Level, Park Nearby
  • Common Interest: None
Property Information
  • Has View
  • View: Park/Greenbelt
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Total # of Units: 10
  • Parcel Number: 45304348
  • Year Built Source: Assessor
  • Architectural Style: Mediterranean
  • Entry Level: 1
  • Foundation Details: Concrete Perimeter
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: University Community Association
  • Association Fee: $150 (Monthly)
  • Second Association Name: University Community Insurance Association
  • Second Association Fee: $60 (Monthly)
  • Association Amenities: Pool, Spa/Hot Tub, Tennis Court(s)
  • Total Average Monthly Fee: $210
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • Elementary School: University Park
  • Elementary School: UNIPAR
  • Middle/Junior High School: Rancho San Joaquin
  • Middle/Junior High School: RASAJO
  • High School: University
  • High School: UNIVER
  • High School District: Irvine Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Village I (V1)
  • Directions: Michelson to Seton to Palmento.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Foothills, Golf, Hiking, Gutters, Park, Preserve/Public Land, Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Irvine Agent

Sale History for 16 Palmento Way

Last sold for $796,500 on November 13th, 2020

  • November, 2020

  • Nov 14, 2020

    Date

    Sold

    CRMLS: NP20185588

    $796,500

    Price

  • Oct 25, 2020

    Date

    Pending

    CRMLS: NP20185588

    $795,000

    Price

  • Sep 23, 2020

    Date

    Active Under Contract

    CRMLS: NP20185588

    $795,000

    Price

  • Sep 16, 2020

    Date

    Active

    CRMLS: NP20185588

    $795,000

    Price

  • Sep 15, 2020

    Date

    Coming Soon

    CRMLS: NP20185588

    $795,000

    Price

  • November, 2020

  • Nov 13, 2020

    Date

    Sold (Public Records)

    Public Records

    $796,500

    Price

  • May, 1999

  • May 3, 1999

    Date

    Sold (Public Records)

    Public Records

    $270,000

    Price

Show More

Tax History for 16 Palmento Way

Assessed Value (2020): $387,032
Year Land Value Improved Value Assessed Value
2020 $266,075 $120,957 $387,032

Home Value Compared to the Market

This property vs the competition

16 Palmento Way sold on November 13, 2020 for 47.52% lower than the current median sold price for the city of Irvine which is $1,515,000. The median sold price per/sqft for Irvine is $863 and this home is sold at $460.6 per/sqft which puts the price per square foot 46.63% lower than the current median sale per square foot for the city of Irvine.

About 16 Palmento Way

Detailed summary of property

16 Palmento Way is a single family home that recently sold in Irvine, CA 92612. This house offered 3 bedrooms, 2.5 bathrooms, roughly 1,726 living square feet, and sits on an approximately 3,200 square foot lot. 16 Palmento Way was first listed on ArdentRealEstateGroup.com on September 15, 2020. The homeowner sold the property for $796,500. Home in Irvine are selling for a median price of $1,515,000 and a median price per square foot of $863. Based on Ardent Real Estate Group's Irvine Market Data, this home is sold 47.52% lower than the current median priced home. Local homes that are currently for sale include 383 Placemark, 2253 Martin #107 and 2233 Martin #203. This home does have a Homeowners Association and the monthly fee is $210 per month. While the average home in Irvine, CA is selling in 47 days, 16 Palmento Way has a days on market of 5 days. There are currently 448 homes for sale in the Irvine real estate market and 206 of them are single family homes while 213 of them are condos and 29 are townhomes. For more information on this home for sale at 16 Palmento Way Irvine, CA 92612 contact Ardent Real Estate Group and we will put you in touch with one of our Irvine agents.

Public Facts for 16 Palmento Way

Public county record property details
Beds
3
Baths
2
Year built
1966
Sq. Ft.
1,749
Lot Size
3,200
Stories
2
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
183
APN
453-043-48

The source for these homes facts are from public records.

92612 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,199,000
Median List Price/Sq.Ft.
$808
Median Sold Price
$1,240,500
Median Sold Price/Sq.Ft.
$762
Total Inventory
70
Median Sale to List Price %
103.47%
Avg Days on Market
29
Loan Type
Conventional (22.22%), FHA (0%), VA (0%), Cash (51.85%), Other (25.93%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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