5 Banyan Tree, Irvine, CA 92612
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5 Banyan Tree Irvine, CA 92612

$830,000 Sold Price as of 05/24/2019
  • 3 Beds
  • 2 Baths
  • 1,714 Sq.Ft.
Sold
$830,000 Sold Price as of 05/24/2019 Refinance Your Mortgage

Map preview of 5 Banyan Tree, Irvine, CA 92612

Property Overview: 5 Banyan Tree Irvine, CA has 3 bedrooms, 2 bathrooms, 1,714 living square feet and 5,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: One of the best SINGLE-LEVEL open floorplans in University Park, Irvine. Spacious 3 bed /2 bath DETACHED home on a full-size corner lot. Bright, and airy living room features high ceilings, fireplace, ceiling fan, & beautiful floors that carry through to the formal dining area. Bright updated kitchen features quartz counters, large island with built-in wine fridge, and family room that opens to a fully fenced wrap-around yard. Feels like a tropical paradise with plenty of space to plant a garden, play in the yard, or just hang out with friends & family. Includes two sunny secondary bedrooms. Spacious master bedroom features walk-in closet, master bath with dual vanities & towel warmer, private atrium, and den/office. High ceilings add depth & space to an already generous sized bedroom that can fit a king size bed, with plenty of room to spare. Home features dual pane windows, A/C, attached 2-car garage with direct access to home. Village Park HOA amenities include Jr. Olympic size solar-heated salt water pool, Jacuzzi, tennis, volleyball, clubhouse, BBQ’s, & tot lots. School boundaries include University High. You’re minutes to acclaimed Adventure Playground, Tanaka Organic Farms, & two golf courses. Close-by retail includes international grocery stores, and a mix of restaurants, banking, healthcare, and personal services. Get to UCI in minutes; beaches in 20 minutes; LA city life just 45 minutes. Visit today for your opportunity to call this wonderful property “home.”

Listed by Samantha Younghans-Haug | BRE #01378262 | University Realty
Co-listed by Ashley Chen | BRE #02013796 | University Realty
Last checked: 2 minutes ago | Last updated: September 18th, 2021 | Source CRMLS | DOM: 22

Home details

Lot Sq. Ft
5,000
HOA Dues
$244/mo
Year built
1973
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
OC19071583
City
Irvine
County
Orange
Time on Site
1397 days

Property Details for 5 Banyan Tree

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Electric, Gas
Heating Information
  • Has Heating
  • Central, Forced Air, Natural Gas, Fireplace(s)
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, In Garage, Inside
Fireplace Information
  • Has Fireplace
  • Living Room, Gas
Room Information
  • Downstairs Bedrooms: 3
  • Downstairs Bathrooms: 2
  • Eating Area: Area, Breakfast Counter / Bar, In Kitchen, In Living Room
  • Flooring: Carpet, Laminate, Tile
  • All Bedrooms Down, Den, Family Room, Formal Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Free-Standing Range, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave
  • Kitchen Island, Kitchen Open to Family Room, Pots & Pan Drawers, Quartz Counters, Remodeled Kitchen, Stone Counters
Bathroom Information
  • # of Baths (Full): 2
Interior Features
  • Attic Fan, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, Unfurnished
  • Levels: One
  • Window Features: Atrium, Double Pane Windows, Drapes
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Door Features: Double Door Entry, Mirror Closet Door(s), Sliding Doors
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • Satellite Dish
  • Has Fence
  • Block
  • Has Spa
  • Spa Features: Association, Gunite, Heated, In Ground
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: Association, Fenced, Gunite, Heated, Heated Passively, Gas Heat, In Ground, Lap, Salt Water, Solar Heat
  • Concrete, Patio, Patio Open, Porch, Wrap Around
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Direct Garage Access, Driveway, Concrete, Driveway Up Slope From Street, Garage, Garage Faces Front, Garage - Single Door, Garage Door Opener, Off Street, On Site
  • Has Attached Garage
Lot Information
  • Lot Features: Back Yard, Corner Lot, Cul-De-Sac, Front Yard, Lawn, Near Public Transit, Park Nearby, Sprinkler System, Yard, Zero Lot Line
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Neighborhood, Park/Greenbelt, Trees/Woods
  • Common Walls: End Unit, No Common Walls
  • Total # of Units: 1
  • Parcel Number: 45314124
  • Year Built Source: Assessor
  • Architectural Style: Mid Century Modern, Ranch
  • Foundation Details: Slab
  • Property is not Attached
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Village Park Community Association
  • Association Fee: $244 (Monthly)
  • Association Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s), Other Courts, Clubhouse, Meeting Room, Earthquake Insurance, Management
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas 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: Park II (In Village Park) (P2)
  • Directions: Off Michelson between Culver and Yale. Situated in University Park, Irvine's greenest Village having highest ratio of greenbelts to homes.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Hiking, Gutters, Park, Sidewalks, Storm Drains, Street Lights, Suburban
View more facts & features

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Sale History for 5 Banyan Tree

Last sold for $830,000 on May 24th, 2019
  • May, 2019

  • May 25, 2019

    Date

    Sold

    CRMLS: OC19071583

    $830,000

    Price

  • May 17, 2019

    Date

    Pending

    CRMLS: OC19071583

    $847,000

    Price

  • Apr 28, 2019

    Date

    Active Under Contract

    CRMLS: OC19071583

    $847,000

    Price

  • Apr 19, 2019

    Date

    Price Change

    CRMLS: OC19071583

    $847,000

    Price

  • Apr 5, 2019

    Date

    Active

    CRMLS: OC19071583

    $869,000

    Price

  • May, 2019

  • May 24, 2019

    Date

    Sold (Public Records)

    Public Records

    $830,000

    Price

  • October, 2008

  • Oct 24, 2008

    Date

    Sold (Public Records)

    Public Records

    $558,000

    Price

Show More

Tax History for 5 Banyan Tree

Assessed Value (2020): $846,600
Year Land Value Improved Value Assessed Value
2020 $715,671 $130,929 $846,600

Home Value Compared to the Market

This property vs the competition

5 Banyan Tree sold on May 24, 2019 for 44.09% 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 $494.17 per/sqft which puts the price per square foot 42.74% lower than the current median sale per square foot for the city of Irvine.

About 5 Banyan Tree

Detailed summary of property

5 Banyan Tree is a single family home that recently sold in Irvine, CA 92612. This house offered 3 bedrooms, 2 bathrooms, roughly 1,714 living square feet, and sits on an approximately 5,000 square foot lot. 5 Banyan Tree was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $830,000. 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 44.09% lower than the current median priced home. Local homes that are currently for sale include 35 Butterfield, 1352 Scholarship and 263 Tangelo #354. This home does have a Homeowners Association and the monthly fee is $244 per month. While the average home in Irvine, CA is selling in 47 days, 5 Banyan Tree has a days on market of 22 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 5 Banyan Tree Irvine, CA 92612 contact Ardent Real Estate Group and we will put you in touch with one of our Irvine agents.

Public Facts for 5 Banyan Tree

Public county record property details
Beds
3
Baths
2
Year built
1973
Sq. Ft.
1,714
Lot Size
5,000
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
62
APN
453-141-24

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%)

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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.