We are pleased to offer a new construction opportunity in this ideal University Park / Chancellor Homes neighborhood. HOA approved plans for a new construction home with the following specs: 3,919 square foot living area, two story, 231 square foot California Room and 3 car garage with 3 car driveway. The Chancellor Homes neighborhood has experienced many new build homes of this size and elegance in the last few years. The seller is a contractor with many years experience in luxury new construction. He has built one other home in this actual neighborhood. Existing home is currently being used as a rental property with lease until March 2024. Rental income on the property is at market rents. Ideal property to hold with income before demolition starts. Full plans, budget & time frame for the new home available from listing agent.
Outstanding Irvine schools: University Park Elementary, Rancho San Joaquin Middle School and University High School. Near UC Irvine.
Sold for $1,680,000
Listing Provided by: Mario Pinedo, Broker
Bought with: eXp Realty of California Inc
$1,680,000
25 Gillman St, Irvine, CA 92612
4beds
2,327sqft
Single Family Residence
Built in 1965
6,000 Square Feet Lot
$2,032,700 Zestimate®
$722/sqft
$6,875 Estimated rent
Home value
$2,032,700
$1.87M - $2.22M
$6,875/mo
Zestimate® history
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$6,875/mo
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$10,702/mo
Est. payment
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$10,702/mo
Est. payment
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New build homes
Zillow last checked:
Listing updated:
Listing Provided by:
Mario Pinedo DRE #01118365 415-269-6249,
Mario Pinedo, Broker
Bought with:
Ozzie Fazaeli, DRE #02018628
eXp Realty of California Inc
Source: CRMLS,MLS#: OC23214183
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
- Main level bathrooms: 4
- Main level bedrooms: 4
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: All Bedrooms Down
Bedroom
- Features: Bedroom on Main Level
Cooling
- None
Appliances
- Laundry: In Garage
Features
- All Bedrooms Down, Bedroom on Main Level, Entrance Foyer, Main Level Primary
- Has fireplace: Yes
- Fireplace features: Living Room, Wood Burning
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,327 sqft
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Garage Faces Front, Garage
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: front courtyard
- Pool features: Community, Association
- Has spa: Yes
- Spa features: Association, Community
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 6,000 sqft
- Features: 6-10 Units/Acre, Back Yard, Cul-De-Sac, Level, Near Park, Rectangular Lot, Tear Down
Details
- Parcel number: 45303569
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
Condition
- Fixer
- New construction: No
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Curbs, Street Lights, Suburban, Sidewalks, Park, Pool
Location
- Region: Irvine
- Subdivision: Chancellor (Cc)
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $158 monthly
- Amenities included: Meeting Room, Management, Barbecue, Pickleball, Pool, Spa/Hot Tub, Security, Tennis Court(s)
- Association name: University Community Association
- Association phone: 949-786-8212
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 12/18/2023 | Sold | $1,680,000-5.6%$722/sqft |
Source:  CRMLS #OC23214183 Report a problem | ||
| 11/29/2023 | Pending sale | $1,780,000$765/sqft |
Source: CRMLS #OC23214183 Report a problem | ||
| 11/20/2023 | Listed for sale | $1,780,000+42.4%$765/sqft |
Source: CRMLS #OC23214183 Report a problem | ||
| 7/28/2023 | Sold | $1,250,000$537/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,888 +2.1% | $1,713,600 +2% |
| 2024 | $17,522 +227.7% | $1,680,000 +227.7% |
| 2023 | $5,347 +1.9% | $512,734 +2% |
| 2022 | $5,249 +2.3% | $502,681 +2% |
| 2021 | $5,131 +0.6% | $492,825 +1% |
| 2020 | $5,100 | $487,772 +9.6% |
| 2019 | $5,100 +9.8% | $444,890 +14.6% |
| 2018 | $4,644 +16.7% | $388,374 +2% |
| 2017 | $3,980 | $380,759 +2% |
| 2016 | $3,980 +4.7% | $373,294 +1.5% |
| 2015 | $3,802 +2.1% | $367,687 +2% |
| 2014 | $3,724 | $360,485 +0.5% |
| 2013 | -- | $358,856 +2% |
| 2012 | -- | $351,820 +2% |
| 2011 | -- | $344,922 +0.8% |
| 2010 | -- | $342,345 -0.2% |
| 2009 | -- | $343,159 +2% |
| 2008 | -- | $336,431 +2% |
| 2007 | -- | $329,835 +2% |
| 2006 | -- | $323,368 +2% |
| 2005 | -- | $317,028 +2% |
| 2004 | -- | $310,812 +1.9% |
| 2003 | -- | $305,116 +2% |
| 2002 | -- | $299,134 +2% |
| 2001 | $2,947 +1.4% | $293,269 +2% |
| 2000 | $2,907 | $287,519 |
Find assessor info on the county website
Neighborhood: University Park
Nearby schools
GreatSchools rating
- 9/10University Park Elementary SchoolGrades: K-6Distance: 0.3 mi
- 10/10Rancho San Joaquin Middle SchoolGrades: 7-8Distance: 1 mi
- 9/10University High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: University Park
- Middle: Rancho San Joaquin
- High: University
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$2,032,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,032,700
- California
- Orange County
- Irvine
- 92612
- University Park
- 25 Gillman St
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Nearby neighborhoods
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