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388 Merit, Irvine, CA 92618
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388 Merit Irvine, CA 92618

$1,178,000 Sold Price as of 03/14/2024
  • 2 Beds
  • 2.5 Baths
  • 1,754 Sq.Ft.
Sold
$1,178,000 Sold Price as of 03/14/2024 Refinance Your Mortgage
Map preview of 388 Merit, Irvine, CA 92618

Property Overview: 388 Merit Irvine, CA has 2 bedrooms, 2.5 bathrooms, 1,754 living square feet and -- square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: RARE = Recently Built Private View Lot with No Neighbors in the Front with Lots of Natural Light at Solis Park/Great Park in Irvine! 2 Bedroom + Downstairs Flex Space! Move-In Ready = includes lots of upgrades from the builder and upgraded flooring! First level of this three-story townhome is host to a flex space which can operate as a home office, TV room, yoga studio and more. Upstairs, the kitchen, dining room and Great Room are arranged among a convenient and contemporary open floorplan that allows for effortless flow between spaces. Both bedrooms occupy the top level of the home. The owner’s suite features a spa-inspired bathroom, walk-in closet and private deck, while the secondary bedroom is complete with a bathroom and walk-in closet. Save lots on Electricity $$ = Fully Paid off Solar Panels! The Great Park community offers a wealth of exceptional amenities including refreshing pools, expansive parklands, scenic trails, and versatile sports courts, providing a lifestyle that's truly unmatched. Award winning Irvine School District and right across the street from the new Portola High School! Welcome Home!

Listed by Emily Calcote | BRE #01978555 | Chang Calcote, Broker
Last checked: 9 minutes ago | Last updated: March 16th, 2024 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
--
HOA Dues
$527/mo
Year built
2023
Garage
2 Car
Property Type:
Condominium
Status
Sold
MLS#
PW24025989
City
Irvine
County
Orange
Time on Site
226 days

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 388 Merit

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Upper Level
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 0
  • Eating Area: Area
  • Flooring: Tile, Vinyl
  • All Bedrooms Up, Kitchen, Living Room, Office, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Built-In Range, Dishwasher, Gas Oven, Gas Range, Range Hood
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 1
Interior Features
  • Balcony, Living Room Balcony, Open Floorplan, Recessed Lighting
  • Levels: Three Or More
  • Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System
Exterior Features
Exterior Information
  • Has Spa
  • Spa Features: Association, Community
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: Association, Community
  • Front Porch
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage, Garage Faces Rear
  • Has Attached Garage
Lot Information
  • Common Interest: Condominium
Property Information
  • Has View
  • View: City Lights, Neighborhood
  • Common Walls: 2+ Common Walls
  • Total # of Units: 1
  • Parcel Number: 93005126
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Great Park
  • Association Fee: $235 (Monthly)
  • Second Association Name: Mulberry
  • Second Association Fee: $292 (Monthly)
  • Association Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Tennis Court(s), Sport Court
  • Total Average Monthly Fee: $527
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments, CFD/Mello-Roos
Schools
School Information
  • Elementary School: Other
  • Elementary School: OTHER
  • Middle/Junior High School: Other
  • Middle/Junior High School: OTHER
  • High School: Portola
  • High School: PORTO
  • High School District: Irvine Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Mulberry
  • Directions: Merit & Irvine Blvd
Neighborhood Information
  • Community Features: Park, Sidewalks, Suburban
View more facts & features

Local Irvine Agent

Sale History for 388 Merit

Last sold for $1,178,000 on March 14th, 2024

  • March, 2024

  • Mar 14, 2024

    Date

    Sold

    CRMLS: PW24025989

    $1,178,000

    Price

  • Feb 7, 2024

    Date

    Active

    CRMLS: PW24025989

    $1,128,000

    Price

Tax History for 388 Merit

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

388 Merit sold on March 14, 2024 for 26.27% lower than the current median sold price for the city of Irvine which is $1,530,000. The median sold price per/sqft for Irvine is $843 and this home is sold at $643.1 per/sqft which puts the price per square foot 23.71% lower than the current median sale per square foot for the city of Irvine.

About 388 Merit

Detailed summary of property

388 Merit is a condominium that recently sold in Irvine, CA 92618. This condo offered 2 bedrooms, 2.5 bathrooms, roughly 1,754 living square feet, and sits on an approximately -- square foot lot. 388 Merit was first listed on ArdentRealEstateGroup.com on February 7, 2024. The homeowner sold the property for $1,178,000. Home in Irvine are selling for a median price of $1,530,000 and a median price per square foot of $843. Based on Ardent Real Estate Group's Irvine Market Data, this home is sold 26.27% lower than the current median priced home. Local homes that are currently for sale include 24756 Sunset Ln, 170 Denali and 128 Paramount. This home does have a Homeowners Association and the monthly fee is $527 per month. While the average home in Irvine, CA is selling in 60 days, 388 Merit has a days on market of 6 days. There are currently 638 homes for sale in the Irvine real estate market and 275 of them are single family homes while 317 of them are condos and 46 are townhomes. For more information on this home for sale at 388 Merit Irvine, CA 92618 contact Ardent Real Estate Group and we will put you in touch with one of our Irvine agents.

Public Facts for 388 Merit

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

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
$1,788,000
Median List Price/Sq.Ft.
$829
Median Sold Price
$1,753,800
Median Sold Price/Sq.Ft.
$812
Total Inventory
218
Median Sale to List Price %
99.2%
Avg Days on Market
20
Loan Type
Conventional (30%), FHA (2%), VA (0%), Cash (50%), Other (18%)

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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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