Following Two of Irvine’s Orangetree Homes through the Auction Block Process
Posted July 15, 2009
By Sylvia Walker
According to public notices in the Irvine World News, the following homes in Orangetree were scheduled to go on the trustee auction block at the beginning of this year. Orangetree, which includes mostly condos (although a few detached homes do exist) is one of Irvine’s more affordable areas. The low prices are due to the limited square footage of these condos.
Here is a look at what happened to two of these homes.
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Approximate amount owed plus interest and fees: $507,868.95 - Details: 2bed/2 bath, detached home with 1133 SF
- Scheduled auction date: 2-5-09
- Sold for: $357,000 on April 13, 2009
- Side note: On March 14, 2009, the list price was increased from $359,000 to $410,000.
426 Orange Blossom #202, Irvine 92618
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Approximate amount owed plus interest and fees: $265,535.07 - Details: 1bed/1 bath, condo with 661 SF
- Scheduled auction date: 1-28-09
- Sold for: $268,814 on February 20, 2009
- Side note: On February 28, 2009, this home went on the market again for $205,057. On June 2, 2009, the price was reduced to $179,900; however, this listing is no longer active.
For a look at what is currently on the market in Orangetree, as well as what has sold recently, see the Orangetree map.
For more information on Orangetree, see this post: “A Look at the Housing Numbers for Irvine’s Orange Tree Neighborhood.“