Posted: 18 Jul 2013 05:00 AM PDT
Woodbridge Park Home in Outer Loop
From the street this two level home has an inviting presence, and inside there is mixed potential that could be developed. Located in Woodbridge’s outer loop with Culver Street traffic nearby there is some noise here. There is a tree buffer area, and the home does have central air. Also, additional landscaping on the patio could be used to screen the area.
Significant Numbers: Built in 1976, the home is a two level, three bedroom, 2.5 bath condo with 1,655 sq. feet. $/sq. ft. is $368. HOA dues are $332. The lot size is 2,309 sq. ft. The home has been on the market about 45 days. Initially the listing for the home in May was $649,000.
CloseUp: Stepping into the entry of this Redwood model, there is a light filled, good sized open space that blends the living room with fireplace and wet bar, and a formal dining area near the patio with view of the covered patio and nice sized backyard beyond. The ample open space invites interpretation and could work quite well for day to day family living and entertaining.
The kitchen is nice sized, but could use some upgrading in appliances and counter and floor treatments. There is a half bath downstairs and separate laundry next to the kitchen.
All bedrooms are upstairs, plus two baths. The master suite has a walk in closet. There is a two car detached garage with access to the back and side yard.
What will be considered here? The price in the current market which has gone from a May listing of $649,000 to $609,900 now will be considered along with the top notch appeal of Woodbridge’s lake recreation facilities, first rate schools and parks, and the overall floor plan and size of the home. Sitting so close to Culver Street’s busy traffic stream will be part of the discussion too.
Who wlll move in? A young family looking for a first home in Irvine with top schools, parks and lakes might be attracted to this home. The home is close to Stonecreek Elementary, Lakeside Middle School and Woodbridge High School. It might also be considered a rental investment property. The realtor indicated there is a flow of new properties coming onto the market now. A couple that wants a convenient location in Irvine close to shops and freeways, might choose to move in and upgrade this property, building on the ample space and workable floor plan.
Recent listings: 41 Songsparrow, $789,000; 3 Wetstone #61, $615,000.
Recent sales: 12 Woodland Drive, $550,000; 3 Woodland Drive, $540,000
Discuss on Talk Irvine: http://www.talkirvine.com/index.php/topic,4114.0.html
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