Home Purchase Price … $190,000 Home Purchase Date .... 10/21/97
Net Gain (Loss) .......... $269,660 Percent Change .......... 141.9% Annual Appreciation … 7.2%
Cost of Ownership ------------------------------------------------- $489,000 .......... Asking Price $17,115 .......... 3.5% Down FHA Financing 4.79% ............... Mortgage Interest Rate $471,885 .......... 30-Year Mortgage $98,845 .......... Income Requirement
$2,473 .......... Monthly Mortgage Payment
$424 .......... Property Tax $0 .......... Special Taxes and Levies (Mello Roos) $82 .......... Homeowners Insurance $209 .......... Homeowners Association Fees ============================================ $3,187 .......... Monthly Cash Outlays
-$404 .......... Tax Savings (% of Interest and Property Tax) -$589 .......... Equity Hidden in Payment $31 .......... Lost Income to Down Payment (net of taxes) $61 .......... Maintenance and Replacement Reserves ============================================ $2,287 .......... Monthly Cost of Ownership
Cash Acquisition Demands ------------------------------------------------------------------------------ $4,890 .......... Furnishing and Move In @1% $4,890 .......... Closing Costs @1% $4,719 ............ Interest Points @1% of Loan $17,115 .......... Down Payment ============================================ $31,614 .......... Total Cash Costs $35,000 ............ Emergency Cash Reserves ============================================ $66,614 .......... Total Savings Needed
Property Details for 13 HAWTHORN Irvine, CA 92612 ------------------------------------------------------------------------------ Beds: 3 Baths: 2 baths Home size: 1,539 sq ft ($318 / sq ft) Lot Size: 2,500 sq ft Year Built: 1974 Days on Market: 7 Listing Updated: 40553 MLS Number: S643461 Property Type: Condominium, Residential Community: University Park Tract: Tr ------------------------------------------------------------------------------ NOT A SHORT SALE!!! Single level home with no one above or below. Situated in one of Irvines most sought after communities; the Terrace. Home is at the end of a cul de sac with an oversized driveway and a two car attached garage with direct access to the house. There are three large bedrooms and one has a secluded small patio/atrium. There is a large patio off the living area with plenty of room to entertain. The kitchen has an eat-in area and plenty of counter and cabinet space. This lovely home is surrounded by greenbelts and this family community has two pools, a club house, lots of walking trails and tot lots for the little ones to play in. Walking distance to Irvines award winning schools (Uni High is also very close), stores and parks. Also close to the 405 and 5 and toll roads. The beautiful beaches of Orange County are a few minutes drive away. Hurry, this one will not last.
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