134 Tangerine, Irvine, California 92618, Irvine, 92618 - 3 bed, 2 bath
ACTIVE$1,248,000
134 Tangerine, Irvine, California 92618
3Beds
2Baths
1,445Sqft
2,739Lot
Price Vs. Estimate
The estimated value ($887,630.91) is $360,369.09 (28%) lower than the list price ($1,248,000). This property may be overpriced.
Key pros and cons
Top Pros:
Great Schools: Middle School: Lakeside Middle School (9/10). High School: Woodbridge High School (9/10).
Top Cons:
Significant Overpricing: The listing price of $1,248,000 is substantially higher than the estimated property value of approximately $887,630, indicating a potential overvaluation compared to market trends and recent comparable sales.
Compared to the nearby listings
Price:$1.25M vs avg $2.28M ($-1,036,500)7%
Size:1,445 sqft vs avg 2,749 sqft6%
Price/sqft:$864 vs avg $84056%
More Insights
Built in 1977 (48 years old).
Condition: The property, built in 1977, is well-maintained for its age and features recently updated bathrooms with modern tiling, vanities, and fixtures. The flooring in the main living areas also appears to be in good condition. However, the kitchen, while cosmetically refreshed with painted cabinets and a new backsplash, still features older appliances and a somewhat dated overall style. The large chandelier in the living room is also quite dated. The listing description does not explicitly mention recent updates to major systems like HVAC or electrical, which, given the property's age, suggests they may be older. While move-in ready, the kitchen and some other elements would benefit from further modernization to meet current buyer expectations, aligning with the 'Fair' category's description of an aged but maintained home with functional but outdated major components.
Year Built
1977
Close
-
List price
$1.25M
Original List price
$1.25M
Price/Sqft
$864
HOA
$193
Days on market
-
Sold On
-
MLS number
OC25023168
Home ConditionFair
Features
Patio
ViewNeighborhood
About this home
Welcome to the highly sought-after Orange Tree neighborhood in the heart of Irvine with the benefit of low property taxes, HOA fees and no Mello Roos! Single Family Home with no shared wall and RV Parking place with neighborhood featuring a 3-bedroom layout perfect for families, this home boasts a sophisticated interior with a seamless flow. The main living area features Two Bedrooms and a double-height ceiling and an open-plan design connecting the living room, dining area, and kitchen. Community amenities include 2 pools with Jacuzzis, tennis courts, tot lot, fitness center and Clubhouse. Within walking distance is Oak Creek Community Park and the Central Bark dog park. Top-rated schools, local Irvine Valley College, shopping centers, dining options, entertainment, parks and major freeways, making commuting a breeze. Don't miss out on the opportunity to make this your new home!
Nearby schools
7/10
Eastshore Elementary School
Public,•K-6•1.1mi
9/10
Lakeside Middle School
Public,•7-8•1.5mi
9/10
Woodbridge High School
Public,•9-12•1.9mi
Condition Rating
Fair
The property, built in 1977, is well-maintained for its age and features recently updated bathrooms with modern tiling, vanities, and fixtures. The flooring in the main living areas also appears to be in good condition. However, the kitchen, while cosmetically refreshed with painted cabinets and a new backsplash, still features older appliances and a somewhat dated overall style. The large chandelier in the living room is also quite dated. The listing description does not explicitly mention recent updates to major systems like HVAC or electrical, which, given the property's age, suggests they may be older. While move-in ready, the kitchen and some other elements would benefit from further modernization to meet current buyer expectations, aligning with the 'Fair' category's description of an aged but maintained home with functional but outdated major components.
Pros & Cons
Pros
Great Schools: Middle School: Lakeside Middle School (9/10). High School: Woodbridge High School (9/10).
Prime Irvine Location & Desirable Neighborhood: Located in the highly sought-after Orange Tree neighborhood in the heart of Irvine, offering excellent access to top-rated schools, Irvine Valley College, shopping, dining, entertainment, parks, and major freeways.
Cost-Effective Ownership: Benefits from low property taxes, reasonable HOA fees ($193.0/month), and no Mello Roos, making it an attractive financial proposition for buyers in Irvine.
Extensive Community Amenities: Residents have access to a wealth of community amenities including two pools with Jacuzzis, tennis courts, a tot lot, fitness center, and Clubhouse, enhancing lifestyle and property value.
Detached Single-Family Home with RV Parking: A rare find in many communities, this single-family home offers no shared walls and includes dedicated RV parking, providing privacy and convenience.
Family-Friendly Layout & Interior Features: Features a practical 3-bedroom layout, double-height ceilings, and an open-plan design connecting the living room, dining area, and kitchen, ideal for families and entertaining.
Cons
Significant Overpricing: The listing price of $1,248,000 is substantially higher than the estimated property value of approximately $887,630, indicating a potential overvaluation compared to market trends and recent comparable sales.
Dated Systems & Lack of Explicit Modern Upgrades: Built in 1977, the property description does not explicitly mention recent major system upgrades (e.g., HVAC, windows) or comprehensive remodels of key areas like the kitchen and bathrooms, which are often expected by buyers at this price point and are present in several comparable properties.
Vague Interior Condition: While described as having a 'sophisticated interior,' the absence of specific details regarding recent renovations or modern finishes (e.g., new flooring, updated countertops, appliances) could imply the interior may require further investment to meet contemporary buyer expectations.