tomo logo

$1,245,000

Beds
2
Baths
2.0
sq ft
1,249

3141 Michelson Dr Unit 1401, Irvine, CA 92612

3141 Michelson Dr Unit 1401

Irvine, CA 92612

  • 1 day on market
    • Price drop $50,000↓
Luxury furnished unit on the 14th floor with Panoramic views of the city and hills in Marquee Park Place offers amazing urban life style. Conveniently located in Irvine Business District surrounded by numerous Prestigious restaurants and shops. Floor-to-ceiling windows provide the breathtaking views of the cityscape, sunset and fireworks of July 4th from your expansive private balcony. Open floor plan with natural day light. Fully furnished 2-bed/2 bath condo with distinguished finishes in this gated-community offering numerous amenities: 24-hour concierge, Morning coffee bar , Business center, Gym, lounge, movie theater, billiard room, heated pool and spa, outdoor BBQ. Walking distance to Mother‘s market, LA fitness, starbucks, steak house, Lady M bakery. Only minutes away from beaches, airport, south coast plaza, dismonad plaza….. Monthly HOA include trash, gas, water, internet. No mello roos.

Details

Property type

Condominium

Est. home value

$936,023

Lot size

Unknown

Price per sq ft

$997

Year built

2005

Monthly HOA fee

$1,332.4

Price History

09/20/2024
CRMLS

CRMLS #OC24187859

Listed
$1,245,000
+59.62%
11/29/2021
CRMLS

CRMLS #OC21164718

Sold
$780,000

Schools & Community

Neighborhood: 

Business District

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated, Street Lights, Sidewalks, Park

High school district: 

Santa Ana Unified

Number of units in community: 

239

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

$560,072
Asking price
$1,245,000
Closing costs (~8% of asking)
-$99,600
Est. remaining loan balance
-$585,328
Cash to seller
$560,072

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

Seller’s Loan History

Lender

Finance Of America Mortgage Llc

Loan start date

October 2021

Original loan amount

$624,000

Est. remaining balance

$585,328

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Chichun Luo

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?

Status: Active

Tomo last checked: 09/20/2024 at 6:15 PM

Listing updated: 09/20/2024 at 3:41 PM

Listed by: Chi Chun Luo, RE/MAX Fine Homes Phone #: (949) 640-6188

MLS: CRMLS #OC24187859

CRMLS logo

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