tomo logo

$3,400,000

Beds
5
Baths
5.5
sq ft
3,596

220 Parkwood, Irvine, CA 92620

220 Parkwood

Irvine, CA 92620

  • 10 days on market
Welcome to this exquisite 5-bedroom home, meticulously designed with luxury in mind. Nestled on a peaceful cul-de-sac in the highly sought-after neighborhood of Eastwood, this property offers the perfect blend of elegance and comfort. As you step through the front door, you'll be greeted by a spacious downstairs bedroom complete with its own ensuite bathroom, providing a private retreat. The open living space seamlessly connects the kitchen, dining area, and family room, creating a seamless flow that is perfect for both everyday living and entertaining. The kitchen, designed with the finest materials, is a chef's dream along with a large pantry and a butlers kitchen. The oversized island has plenty of room for seating and is connected to the recently built California room with an outdoor kitchen, built by local Interior Designer, Nellie's Vision. This California room is an extension of the indoor living space and offers a seamless transition to the outdoors. As you make your way up the grand staircase, you'll be welcomed by a generously sized loft, offering a versatile space that can be customized to suit your needs. The primary bedroom, featuring an en-suite bathroom and a spacious walk-in closet. Down the hall, you'll discover three additional oversized bedrooms, each boasting its own private bathroom, and a conveniently located laundry room. This home is filled with additional features and upgrades, including owned solar; oversized photovoltaic system with battery backup, grandfathered into NEM 2.0 and a water conditioning system and water purifier. With its impeccable design, desirable location, and luxurious amenities, this home offers the epitome of luxury living. Don't miss out on the opportunity to make this your dream home.

Details

Property type

Single Family Residence

Est. home value

$2,909,846

Property condition

Updated/Remodeled

Lot size

4,331 sq ft

Price per sq ft

$946

Year built

2019

Monthly HOA fee

$150

Price History

06/25/2024
CRMLS

CRMLS #OC24115867

Listed
$3,400,000
+26.49%
03/22/2022
CRMLS

CRMLS #OC22026218

Sold
$2,688,000

Schools & Community

Neighborhood: 

Northwood Point

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Curbs, Street Lights, Suburban, Sidewalks, Park

High school district: 

Irvine Unified

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

$1,662,922
Asking price
$3,400,000
Closing costs (~8% of asking)
-$272,000
Est. remaining loan balance
-$1,465,078
Cash to seller
$1,662,922

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

Seller’s Loan History

Lender

C2C Brokers Inc

Loan start date

March 2022

Original loan amount

$1,532,160

Est. remaining balance

$1,465,078

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Biren Shah and Samira Shah

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: 07/04/2024 at 8:40 PM

Listing updated: 07/04/2024 at 10:33 AM

Listed by: Nicole Palanjian, First Team Real Estate Phone #: (949) 649-4902

MLS: CRMLS #OC24115867

CRMLS logo

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