tomo logo

$1,020,000

Beds
2
Baths
2.0
sq ft
1,371

16 Lilac, Irvine, CA 92618

16 Lilac

Irvine, CA 92618

  • 4 days on market
    • Open house Jul 07
Great location in the heart of Irvine in the village of Oak Creek. Spacious two bedroom, two bathroom condo on the top floor with two car direct access garage. Over 1300 sq. ft. of living space with two balconies. Private corner unit with plenty of lights. Upgraded quartz kitchen counters, upgraded bathrooms. Laminate flooring throughout the unit. Stainless steel appliances. Just a short walk to the Oak Creek Elementary. Close to shopping and restaurants. Minutes away from the 405 and 5 freeway and the Irvine Spectrum. Just a short drive to UCI, Kaiser, Hoag and John Wayne Airport.

Details

Property type

Condominium

Est. home value

$974,915

Lot size

2,000 sq ft

Price per sq ft

$744

Year built

2001

Monthly HOA fee

$350

Price History

07/03/2024
CRMLS

CRMLS #OC24129104

Listed
$1,020,000

Schools & Community

Neighborhood: 

Oak Creek

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

Irvine Unified

Number of units in community: 

200

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$729,529
Asking price
$1,020,000
Closing costs (~8% of asking)
-$81,600
Est. remaining loan balance
-$208,871
Cash to seller
$729,529

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Network Capital Funding Corporation

Loan start date

March 2010

Original loan amount

$298,000

Est. remaining balance

$208,871

Interest rate

4.99%

Loan type

New Conventional, 30 year

Seller

Kingsley Chan and May Chan

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/07/2024 at 4:40 PM

Listing updated: 07/06/2024 at 5:03 PM

Listed by: Ryan Kashanchi, Re/Max Premier Realty Phone #: (949) 451-1200

MLS: CRMLS #OC24129104

CRMLS logo

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