111 Newall, Irvine, California 92618, Irvine, 92618 - 3 bed, 3 bath

111 Newall, Irvine, California 92618 home-pic-0
ACTIVE$1,514,600$2,013/sqft
Est. Value: $1,394,038
-7%
AboveEstimate
111 Newall, Irvine, California 92618
3Beds
3Baths
2,013Sqft
61,561Lot

Price Vs. Estimate

The estimated value ($1,394,037.615) is $120,562.385 (7%) lower than the list price ($1,514,600). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 61561, living area = 2013.
Top Cons:
Ongoing Association Fees: The property is subject to a monthly association fee of $250, which adds to the overall cost of homeownership and is a recurring expense.

Compared to the nearby listings

Price:$1.51M vs avg $2.26M ($-742,900)16%
Size:2,013 sqft vs avg 2,696.5 sqft10%
Price/sqft:$752 vs avg $83028%

More Insights

Built in 2016 (10 years old).
Condition: Built in 2016, this property is virtually new and in 'turnkey' condition. The kitchen features modern stainless steel appliances, quartz countertops, and espresso cabinets. Bathrooms are updated with dual vanities and an oversized shower. The home boasts modern tile flooring, recessed lighting, and energy-efficient paid solar panels, indicating no deferred maintenance and high-quality, contemporary finishes throughout.
Year Built
2016
Close
-
List price
$1.51M
Original List price
$1.53M
Price/Sqft
$752
HOA
$250
Days on market
-
Sold On
-
MLS number
OC26002490
Home ConditionExcellent
Features
ViewNeighborhood

About this home

Gorgeous 3 bedroom detached home situated in sought after Great Park neighborhood in Irvine. Steps from Beacon park, award winning school, and Bosque trail. Open floor plan with subway Italian tile flooring throughout first floor. Chef’s dream kitchen with stainless steel appliances, large quartz center island, espresso cabinets, plus walk-in pantry. Spacious primary suite upstairs along with dual vanities, walk-in closet, oversized shower. Two additional bedrooms and an additional full bath upstairs. This turnkey home is also energy efficient with paid Solar panels installed. Enjoy the endless amenities Great Park has to offer plus nearby shopping options. Welcome home.

P
Paul Young
Listing Agent

Nearby schools

9/10
Portola Springs Elementary
Public,K-61.3mi
7/10
Cypress Village Elementary
Public,K-63.6mi
7/10
Rancho Canada Elementary School
Public,K-63.8mi
9/10
Jeffrey Trail Middle
Public,7-81.8mi
6/10
Serrano Intermediate School
Public,7-84.4mi
9/10
Northwood High School
Public,9-123.0mi
9/10
Irvine High School
Public,9-123.0mi
7/10
El Toro High School
Public,9-124.4mi

Price History

Date
Event
Price
05/17/22
Sold
$1,420,000
03/29/17
Sold
$844,000
Condition Rating
Excellent

Built in 2016, this property is virtually new and in 'turnkey' condition. The kitchen features modern stainless steel appliances, quartz countertops, and espresso cabinets. Bathrooms are updated with dual vanities and an oversized shower. The home boasts modern tile flooring, recessed lighting, and energy-efficient paid solar panels, indicating no deferred maintenance and high-quality, contemporary finishes throughout.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 61561, living area = 2013.
Great Schools: Elementary School: Portola Springs Elementary (9/10). Middle School: Jeffrey Trail Middle (9/10). High School: Northwood High School (9/10).
Premier Location & Community Lifestyle: Situated in the highly sought-after Great Park neighborhood of Irvine, offering immediate access to Beacon Park, award-winning schools, Bosque trail, and extensive community amenities, plus nearby shopping options.
Modern & Turnkey Condition: A gorgeous, detached home built in 2016 with an open floor plan, stylish subway Italian tile flooring throughout the first floor, and presented in turnkey condition, requiring no immediate renovations.
Gourmet Kitchen & Luxurious Primary Suite: Features a chef's dream kitchen with stainless steel appliances, a large quartz center island, espresso cabinets, and a walk-in pantry, complemented by a spacious primary suite with dual vanities, a walk-in closet, and an oversized shower.
Energy Efficiency with Paid Solar: Enhanced energy efficiency due to installed and paid solar panels, providing significant long-term cost savings and environmental benefits for the homeowner.
Top-Rated School Access: Located within the highly acclaimed Irvine Unified School District, with award-winning schools like Portola Springs Elementary and Jeffrey Trail Middle nearby, making it ideal for families.

Cons

Ongoing Association Fees: The property is subject to a monthly association fee of $250, which adds to the overall cost of homeownership and is a recurring expense.
Recent Price Reduction: A recent price adjustment from $1.53M to $1.5146M could suggest initial overpricing or a need to attract more buyer interest in the current market.
Potential for Mello-Roos Taxes: As a newer development in Irvine's Great Park, the property is highly likely to be subject to Mello-Roos community facilities district taxes, which are additional property tax assessments not included in the HOA fee.
Browse Properties by State Browse housing market trends by state