10 days on rocket

3131 Michelson Dr Unit 402, Irvine, CA, 92612

$1,299,900

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,583 SqFt
$821/SqFt
Condo

Location

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3131 Michelson Dr Unit 402, Irvine$1,299,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Garage2 spaces
Year Built2006
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewCity Lights, Hills
MLS #OC24238331
StatusActive

About 3131 Michelson Dr Unit 402

Experience luxury living in this fully renovated Plan D residence, nestled in one of Orange County's most prestigious high-rises. Located on the 4th floor, this unit has undergone a complete transformation, featuring brand-new luxury vinyl flooring, natural oak kitchen cabinets, quartz countertops with a full backsplash, and a redesigned kitchen layout for maximum efficiency. Stylish touches include microcement bathrooms, elegant wainscoting, a striking wood-slat accent wall in the family room, and custom details throughout. The open-concept layout seamlessly blends modern sophistication with inviting comfort, offering sweeping views from every angle. This spacious home boasts two generously sized bedrooms and a versatile office/den, which can easily be converted into a third bedroom. Enjoy captivating views of the Saddleback Mountains, adding a touch of serenity to your daily life. Situated in a 24-hour guard-gated community with concierge service, residents have access to top-notch amenities, including a pool, spa, gym, billiards room, and lounge. Perfectly positioned, it’s just minutes from Fashion Island, South Coast Plaza, and a host of fine dining options at Park Place. Plus, the location offers unbeatable freeway access. The HOA covers water, trash, gas, and internet, with no Mello Roos fees. This is luxury redefined—schedule your tour today!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Modern
  • Year Built: 2006
  • Stories: 18
  • Living Area: 1,583 SqFt

Listing Office:

  • Office Name: E Realty
  • Office Phone: (562) 881-9947
  • Listing Agent: Yazen Haddad

Interior Features

Interior Information:

  • Appliances: Stove, Gas Cooktop, Gas Range
  • Flooring Type: Vinyl
  • Interior: Breakfast Bar, Breakfast Area, Quartz Counters, Recessed Lighting, Bedroom on Main Level, Main Level Primary
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights, Hills

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Jamboree & 405 to Michelson

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,299,900
  • Price Per SqFt: $821/SqFt

HOA Fees:

  • Amount: $1362
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,715
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Irvine, CA.

Med. Sold Price

$1.5M

Med. Price/SqFt

$833

Avg. Days On Market

36

# of Sold Homes

155

3131 Michelson Dr Unit 402 vs Irvine

10 DAYS ON ROCKET

-26 Days

$1,299,900

-$295.5K Less

$821/SqFt

-$12 Less

KEY TAKEAWAY

This property is $295.5K less than the Median Sold Price and $12/SqFt less than other homes in Irvine, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24238331

Listing Office:

  • Office Name: E Realty
  • Office Phone: (562) 881-9947
  • Listing Agent: Yazen Haddad

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/4/2024, 4:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 15, 2021Home Sold
$740,000
Jan 12, 2006Home Sold
$779,500

Tax History

YEARPROP. TAXASSESSMENT
2021$2,715$243,901
2020$2,720$241,401
2019$2,550$236,668
2018$2,550$232,028
2017$2,527$227,479

History based on county public records data.

Payment Calculator

$7,917

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,964

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3823316
7
/10
  • Westpark Elementary

  • 25 San Carlo

  • 0.99 miles

  • Public District Grades KG-6

school-card-donut-3823317
8
/10
  • Culverdale Elementary

  • 2 Paseo W Park

  • 1.23 miles

  • Public District Grades KG-6

school-card-donut-3823318
7
/10
  • University Park Elementary

  • 4572 Sandburg Way

  • 1.59 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,111. Typical income of Irvine, CA residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3131 Michelson Dr Unit 402

What is the listing price of this property?

The listing price of 3131 Michelson Dr Unit 402 property is $1,299,900.

What type of property is this?

The property 3131 Michelson Dr Unit 402 is a condo located in Irvine, California, 92612.

Is this property for sale now?

Active Listing: 3131 Michelson Dr Unit 402 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,715 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 15, 2021 for $740,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3131 Michelson Dr Unit 402 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 3131 Michelson Dr Unit 402 is 1,583 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3131 Michelson Dr Unit 402 is 2006.

Rocket Homes›California›Orange County›Irvine›92612›3131 Michelson Dr Unit 402

This home is located at 3131 Michelson Dr Unit 402 in Irvine, CA and zip code 92612 in the Irvine Business Complex neighborhood. This 1,583 square foot home was built in 2006. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 23, 2024 and is currently priced at $1,299,900.

Over 53 listings were sold over their listed price in November 2024 in Irvine, CA. In the same period over 77 listings were sold below the listed price and 25 listings were sold for the listed price. In November 2024 in Irvine, CA there were 8.3% less homes for sale than in October 2024. While the average time on the market in November 2024 was 36 days, the median list price was $1,595,478.

From Rocket Homes Real Estate and based on county public records data.

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