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Sold for $1,085,000
    • Listed by: Harvest Realty Development • Kaige Zhao • Contact: 626-593-7456
    Bought with: HomeSmart, Evergreen Realty
    $1,085,000

    3131 Michelson Dr Unit 503, Irvine, CA 92612

    2beds
    1,583sqft
    Condominium
    Built in 2006
    -- sqft lot
    $1,085,000 Zestimate®
    $685/sqft
    $4,457 Estimated rent

    Home value

    $1,085,000

    $1.01M - $1.17M

    $4,457/mo

    Zestimate® history
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    What's special

    Most luxurious high-rise residences in Irvine, located in the highly sought-after Marquee Park Place community. This meticulously maintained unit features TWO spacious BEDROOMS plus AN OFFICE that can easily serve as aTHIRD bedroom. It offers two upgraded full bathrooms and a modern kitchen with granite countertops, stainless steel appliances, and a custom built-in refrigerator. The open-concept layout connects seamlessly to the living area, creating a bright and contemporary atmosphere. The living room is enhanced by floor-to-ceiling windows that bring in abundant natural light and offer expansive views. The unit also provides generous storage space, a dedicated laundry room with nearly-new washer and dryer, and newly replaced toilets in both bathrooms. Step outside to a private terrace with stunning views of the city skyline and community pool. Included are two side-by-side parking spaces and a large storage room located on the parking level. The HOA offers an array of upscale amenities, including 24-hour guarded gate access, concierge service, resort-style pool and spa, fitness center, business center, private movie theater, clubhouse, and more. Prime location in the heart of Irvine’s business district—close to top-rated schools, parks, shopping centers, Fashion Island, and just minutes from the beaches of Newport Coast.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kaige Zhao DRE #02124324 949-501-5096,

    Harvest Realty Development

    Bought with:

    Zara Azartash, DRE #01710752

    HomeSmart, Evergreen Realty

    Source: CRMLS,MLS#: OC26012016MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Office, Other, Dining Room
    Bathroom
    • Features: Bathtub, Separate Shower, Tub Shower, Walk-In Shower
    Kitchen
    • Features: Kitchen/Family Room Combo
    Other
    • Features: Walk-In Closet(s)
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Oven, Gas Cooktop, Microwave, Refrigerator
    • Laundry: Laundry Room
    Features
    • Separate/Formal Dining Room, Living Room Deck Attached, Walk-In Closet(s)
    • Doors: Double Door Entry
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total interior livable area: 1,583 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: One Space
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: Community, Association
    • Has spa: Yes
    • Spa features: Community
    • Has view: Yes
    • View description: Park/Greenbelt, Mountain(s), Pool
    Lot
    • Size: 2.32 Acres
    • Features: Landscaped
    Details
    • Parcel number: 93410753
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 2006

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Private
    • Utilities for property: Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

    Community & HOA

    Community
    • Features: Street Lights, Gated, Pool
    • Security: Gated with Guard, Gated Community, 24 Hour Security, Resident Manager
    • Subdivision: Marquee At Patk Place
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Fitness Center, Gas, Game Room, Hot Water, Meeting Room, Management, Outdoor Cooking Area, Barbecue, Playground, Pets Not Allowed, Pool, Pet Restrictions, Spa/Hot Tub, Security, Storage, Trash, Water
    • HOA fee: $1,500 monthly
    • HOA name: Marquee at park place
    • HOA phone: 800-400-2284
    Location
    • Region: Irvine

    Financial & listing details

    • Price per square foot: $685/sqft
    • Tax assessed value: $1,066,410
    • Annual tax amount: $12,026
    • Date on market: 1/17/2026
    • Cumulative days on market: 318 days
    • Listing terms: Cash,Cash to New Loan,1031 Exchange
    • Inclusions: Washer and dryer

    Price history

    DateEventPrice
    7/1/2026Sold$1,085,000-3.1%$685/sqft
    Source: CRMLS #OC26012016 Report a problem
    6/16/2026Contingent$1,120,000$708/sqft
    Source: CRMLS #OC26012016 Report a problem
    5/20/2026Listed for sale$1,120,000+9.3%$708/sqft
    Source: CRMLS #OC26012016 Report a problem
    7/7/2022Sold$1,025,000$648/sqft
    Source: Public Record Report a problem
    6/30/2022Pending sale$1,025,000+43.8%$648/sqft
    Source: CRMLS #LG22126644 Report a problem
    1/22/2018Sold$713,000+2.6%$450/sqft
    Source: Public Record Report a problem
    3/31/2017Listing removed$3,195$2/sqft
    Source: Tarbell, Realtors, L.H. #OC17029395 Report a problem
    3/10/2017Listed for rent$3,195+6.5%$2/sqft
    Source: Tarbell, Realtors, L.H. #OC17029395 Report a problem
    3/8/2017Listing removed$695,000$439/sqft
    Source: Tarbell, Realtors, L.H. #OC16743278 Report a problem
    2/1/2017Price change$695,000-0.4%$439/sqft
    Source: Tarbell, Realtors, L.H. #OC16743278 Report a problem
    1/2/2017Price change$698,000-1.4%$441/sqft
    Source: Tarbell, Realtors, L.H. #OC16743278 Report a problem
    11/9/2016Listed for sale$708,000+83.9%$447/sqft
    Source: Tarbell, Realtors, L.H. #OC16743278 Report a problem
    2/28/2013Sold$385,000-3.8%$243/sqft
    Source: Public Record Report a problem
    11/12/2012Pending sale$400,000$253/sqft
    Source: RE/MAX PREMIER REALTY #S716340 Report a problem
    10/29/2012Listed for sale$400,000-50.7%$253/sqft
    Source: ReMax Premier Realty #S716340 Report a problem
    5/13/2011Listing removed$3,000$2/sqft
    Source: Tri-Star Realty #S657495 Report a problem
    5/5/2011Listed for rent$3,000$2/sqft
    Source: Tri-Star Realty #S657495 Report a problem
    2/10/2006Sold$811,000$512/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,026 +2.7%$1,066,410 +2%
    2024$11,714 +2.4%$1,045,500 +2%
    2023$11,435 +33.6%$1,025,000 +34.1%
    2022$8,561 +2.5%$764,479 +2%
    2021$8,352 -0.3%$749,490 +1%
    2020$8,375 $741,805 +2%
    2019$8,375 +2.2%$727,260 +9.7%
    2018$8,197 +32.9%$663,000 +21.3%
    2017$6,170 $546,435 +2%
    2016$6,170 +2.1%$535,721 +1.5%
    2015$6,045 +3.7%$527,674 +2%
    2014$5,830 $517,338 -8.4%
    2013-- $564,703 +2%
    2012-- $553,631 +2%
    2011-- $542,776 +0.8%
    2010-- $538,720
    Find assessor info on the county website

    Neighborhood: Business District

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    Estimated market value
    $1,085,000
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    Estimated market value
    $1,085,000

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