Irvine Housing Blog

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Kings of their domain Posted: 25 Jun 2012 08:15 AM PDT Is it enough if a school has a API rank of 10, or do growth scores govern the home prices of the school’s boundaries?  Today we look at two properties in two different villages of Irvine. Both have API 10 schools, but one has better growth rate than the other. Both properties have a good walk score to the assigned schools.  But for the same listing price, one of them has listed a single family home with four bedrooms and the other one is a detached condominium with three bedrooms. 10 MINERAL KING, IRVINE CA 92602 Listing Price: $699,800 Beds: 4 Baths: 2.5 Sq. Ft.: 2,477 $/Sq. Ft.: $283 Property Type: Residential, Single Family Style: Two Level, Other Year Built: 2000 Community: North Park Builders Tract Name: Evergreen Builders Tract Code: EVRG Builders Model Code: 4 Monthly expenses: HOA Dues: $328/month ($183+$145) Property Tax ( 1.0595%):  $ 7,414 Annually Mello Roos: $1,631 Annually Monthly Property Tax+ Mello Roos: $754 Monthly Mortgage (30 YR Fixed, 3.625%): $2,553 Pricing History: Jun 04, 2012 Price Changed $699,800 Feb 21, 2008 Sold (Public Records) $700,000 Feb 27, 2006 Sold (Public Records) $875,000 Mar 13, 2002 Sold (Public Records) $472,000 Jun 30, 2000 Sold (Public Records) $406,500 Monthly Fixed Expenses: $3,635 In the North Park area, there were 53 homes for sale in May 2012, with a median list price of $799,000 ($321/SF). The most expensive property on the market in North Park is 39 Vacaville at $1,499,000. The least expensive property on the market is 305 Terra Bella at $315,000. Even though the house comes under Tustin Unified School District, it has excellent schools. Assigned schools: Hicks Canyon Elementary (K-5) API rank 10 API Score of 942 Orchard Hills (Middle School 5-7 for 2011, K-8 planned) API rank 10 API score of 952 Arnold Beckman High School (9-12) API rank 10 API score of 866 154 KINGSWOOD #117, IRVINE CA 92620 Listing Price: $685,000 Beds: 3 Baths: 2.5 Sq. Ft.: 1700 $/Sq. Ft.: $403 Property Type: Residential, Condominium Style: Two Level, Other Year Built: 2001 Community: Northwood Builders Tract Name: Arden Square Builders Tract Code: ARDS Builders Model Code: 1 Monthly expenses: HOA Dues: $118/month ($78+$40) Property Tax ( 1.0595%):  $ 7,258 Annually Mello Roos: $2,481 Annually Monthly Property Tax+ Mello Roos: $812 Monthly Mortgage (30 YR Fixed, 3.625%): $2,499 Pricing History: Apr 19, 2012 Listed (Active) $685,000 Nov 12, 2004 Sold (Public Records) $620,000 Monthly Fixed Expenses: $3,429 In the Northwood area, there were 103 homes for sale with a median list price of $739,000 ($333/SF). The most expensive property for sale in this zip code is 75 New Dawn at $1,829,000, and the least expensive property is 2118 Timberwood at $265,000. Northwood homes also have the best Irvine schools.  Irvine School District recommends calling the district office to confirm the schools, but these are the tentatively assigned schools for the property. Canyon View Elementary API Rank: 10 API Growth: 966 Sierra Vista Middle School API Rank: 10 API Growth: 948 Northwood High School API Rank: 10 API Growth: 908 Which one would you buy? If both the houses are built around the same time, and both are in safe/ non-hazardous areas, would a ‘better’ school force you to buy a smaller detached condo vs. a single family home?  Is $400+/SF price justified for the Northwood condos? Discuss below or on Talk Irvine.

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architecture 4 us

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Sustainable Architecture of Great Barrier House Posted: 22 Jun 2012 07:39 AM PDT Crosson, Clarke and Carnachan  has designed a green building architecture of Great Barrier House. It is located in ecologically-sensitive area,  Great Barrier Island, New Zealand. Surrounded by Puriri trees, Blackwoods and other natives, this house will provide a good blend to the sustainable environment. The sustainable building was design completely opened to the surroundings, providing more natural sun daylighting for entire rooms, and good natural ventilation. The construction is elevated to protect it from flood. Sustainable building materials were used, such as sustainably- sourced timber for the exoskeleton,  low E glass to provide good insulation. Fireplace is only used when needed to provide ambience. For sustainable energy source,  this house is powered by solar energy, both for the electricity and for the water heating system. Water conservation is considered and controlled very carefully. The sustainable green building ‘s bedrooms are protected and being closely located to the trees for increased privacy. This house is designed to deal with the summer and winter condition and can keep the inhabitants still feel convenience. ref

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Irvine Housing Blog

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Open House Review: 6 Urbino Posted: 21 Jun 2012 05:00 AM PDT This week, I decided to check out an older house with lots of upgrades to see how it compared to the newer homes I have seen recently.  I went to 6 Urbino in the Windstream neighborhood in Northwood.  The homes in Windstream are among the biggest and nicest in the older part of Northwood. The basics: Asking Price: $948,888 Bedrooms: 4 + Large Bonus Room Bathrooms: 2.5 Square Footage: 3,268 Lot Size: 5,500 $/Sq Ft: $290 Property Type: Single Family Home Year Built: 1979 Community: Northwood, Windstream HOA dues are $174 per month and there are no Mello Roos. Leading up to the home is a pretty walkway with bright flowers and a nice overhang.  I entered the house and was met with dark wood floors and a larger than expected living room.  This model originally had a small retreat area within the living room that was a few steps lower than the rest of the room.  In 6 Urbino, the area was filled in to create one large room.  The house flows much better this way and I think it creates more uses for the space.  They also filled in a garden area under the stairs to create additional storage and a small nook (big enough for a table but not for a sitting area).  I really liked these changes and think they make the space feel much more modern. The dining room is adjacent to the living room and has French doors leading out to the backyard.  The backyard is fully hardscaped, with an in-ground jacuzzi, built-in BBQ and an island with seating for six. The kitchen is behind the dining room and was beautifully remodeled in 2002. It has a small island, with room to seat two, stainless steel appliances and lots of counter space.  A garden window looks out to the backyard and brings in a lot of light.  It is an eat-in kitchen with room for a table of six.  Beside the table are additional built-in cupboards with counter space and a wine rack.  This is a great use of the space. As I moved through to the family room, I saw that they had created a space for a built in desk.  I really liked this feature, as I always wish I had a good place downstairs to collect mail, bills, and more.  The family room has tile floors, a fireplace, and a built-in unit with cabinets on the bottom and shelving with glass doors on top. Upstairs, all the rooms come off one long hallway.  At one end is a bonus room; at the other is the master bedroom.  The bonus room is a big, square room that can be used for pretty much anything.  It is just a big open space with hardwood floors, a high ceiling, and several windows. The master bedroom has a small retreat in it, just a few steps down from the main part of the room.  It is the perfect set up for a small office, reading nook, or even a fitness area.  The master bath was nicely redone with two sinks separated by a vanity, a large tub, and an average-sized shower. There are two mirrored closets, one with three doors and the other with two. All three secondary bedrooms are a good size.  None has a private bath, but they share a nice bathroom with two sinks and a shower/tub combo separated by a door.  Each bedroom has a standard closet.   The home features three fireplaces, downstairs laundry room (with a laundry chute upstairs), recessed lighting and ceiling fans in most rooms. Overall, I really liked the upgrades on the home.  Everything seems to be very well maintained and the rooms are all very spacious.  While it lacks some of the special touches of newer homes like arched doorways and rounded corners on the walls, it does have crown molding, granite counters and hardwood floors.  It also comes with a lower price tag and no Mel

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