Leanne Boman - Irvine Terrace - May 2018

Leanne Boman

1400 Newport Center Drive Newport Beach, CA 92660

REALTOR® CalBRE# 01456237

949.887.9871

LeanneBoman@gmail.com www.LeanneBoman.com

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.254.9619 | © 2018

To see all recent sales, visit www.HomesInIrvineTerrace.com

Irvine Terrace L ease Opp ortunit y 1119 Dolphin Terrace Offered for $9,950 Per Month

3 Bedrooms • 3 Bathrooms • 2,067 Est. Sq. Ft. Short term, unfurnished lease opportunity. Enjoy panoramic views of Newport Harbor, Catalina Island, Balboa Peninsula, the Pacific Ocean, and Balboa Island. The ultimate Corona del Mar lifestyle with world class beaches, great shopping, fine dining, and one of Orange County’s most desirable communities. The perfect way to spend the summer months in this home perched on the bluff taking in all of the amenities Newport Beach has to offer... not to mention the ideal climate.

It’s all about the view and location!

Irvine Terrace

Real Estate Market Report • May 2018

Prepared Especially for Johnathan and Angela-Marie Stevenson

IRVINE TERRACE FIRST QUARTER REAL ESTATE REVIEW

13

CURRENT LISTINGS

I rv i n e T e r r a c e M a r k e t R e p o r t

IRVINE TERRACE IS IN A SELLER’S MARKET!

Get The Most Accurate Assessment of Your Home’s Value

Irvine Terrace Homes Currently Active Status

Bedrooms

Total Baths

Est. Sq. Ft.•

Lot Size Sq. Ft.

List Price**

Active

3

2

1,800

8,160

$2,650,000

Active

3

2

1,900

9,270

$3,000,000

Active

4

3

2,800

7,052

$3,195,000

Active

3

3

2,400

7,245

$3,200,000

REALTOR®

Active

4

3

3,700

9,583

$3,700,000

Active

4

3

3,800

11,330

$3,999,000

949.887.9871

Active

4

2

2,400

16,000

$4,195,000

Active

4

4

3,300

7,400

$4,988,000

Active

4

3

2,200

10,920

$5,250,000

Active

5

5

3,700

7,245

$5,395,000

Active

4

4

2,700

12,400

$6,750,000

Active

5

7

6,500

9,583

$11,575,000

Active

5

6

5,000

16,100

$12,500,000

Leanne Boman LeanneBoman@gmail.com www.LeanneBoman.com www.HomesInIrvineTerrace.com

Who You Work with Matters!

“Leanne was my leasing agent for seven years and then handled the sale of my property in Corona Del Mar. As my leasing agent, she was immensely helpful. Her vast knowledge and experience made her the ideal person to advise me on all aspects of the landlord/renter relationship.

She was always available to me when I had questions and often volunteered to contact my renters about issues or situations that needed to be resolved. Leanne was kind, hard working, diligent, and trustworthy. When it came time to sell my beloved childhood home, she made the process easy and effortless. She was sensitive and sweet about my sentimental feelings and even arranged for time in the house so I could say my final “good bye”. It is without reservation that I would highly recommend Leanne Boman if you’re looking for a totally competent and reliable real estate or leasing agent.”

- J. Cornell Five-Star Zillow Review

SOLD PRICE

+ 7.5% from Q1 of 2017

LOW

PRICE PER SQ. FT.

$2,937,000

MEDIAN HIGH

3

$3,165,000

$4,325,000

+36.3% from Q1 of 2017

105

LOW

$1,088

AVERAGE $1,498 HIGH

$1,936

96.8%

TOTAL SALES

DAYS ON MARKET

AVERAGE SP/LP

2 Fewer

6 Days Faster

+0.7%

than Q1 of 2017

than Q1 of 2017

from Q1 of 2017

Data based on listings from CRMLS from January 1st to March 31st, 2017 and 2018. Information deemed accurate but not guaranteed.

www.HomesInIrvineTerrace.com/ HomeAssessment/ This comprehensive assessment of your home’s value is provided to you as a complimentary service by Leanne, your Irvine Terrace real estate specialist.

Irvine Terrace Homes Currently Pending Status

Bedrooms

Total Baths

Est. Sq. Ft.*

Lot Size Sq. Ft.

List Price*

Pending

3

3

3,000

10,395

$3,595,000

Pending

3

4

3,400

7,700

$4,395,000

Pending

4

6

4,600

11,502

$6,495,000

Irvine Terrace Homes Sold in the Past 6 Months Status Address Sold 1901 Chubasco Drive

Johnathan and Angela-Marie, Our Irvine Terrace community had a fantastic year, with increases in several key market indicators. The demand for our community remains high with current inventory pointing to a seller’s market. Now is a great time to consider listing your home and taking advantage of the upward trends. If you are thinking about selling, contact me today at 949.887.9871.

DO YOU KNOW THE NEW VALUE OF YOUR HOME?

Bedrooms 3

Total Baths 3

DOM 41

Est. Sq. Ft.* 2,400

Lot Size Sq. Ft. 9,700

Price Per Sq. Ft. $1,041

Selling Price** $2,475,000

Sold

2021 Kewamee Drive

3

2

0

1,900

9,300

$1,327

$2,500,000

Sold

1906 Seadrift Drive

4

3

16

2,000

8,600

$1,299

$2,540,000

Sold

1519 Bonnie Doone Terrace

3

4

197

2,700

7,200

$1,088

$2,937,000

Sold

1300 Santanella Terrace

3

4

106

2,200

7,800

$1,471

$3,165,000

Sold

1807 Galatea Terrace

4

3

11

2,200

10,900

$1,936

$4,325,000

Leanne Boman, Leanne Boman Real Estate Group, and Berkshire Hathaway HomeServices California Properties are not in any way affiliated with Irvine Terrace Homeowners Association, nor is this in any way an official advertisement or publication of Irvine Terrace. This representation is based on sales and data reported by multiple brokers/agents to the CRMLS as of April 26th, 2018. Listings and sales may not be those of Berkshire Hathaway HomeServices California Properties. The National Association of Realtors and CRMLS do not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. ©2018 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered services marks of HomeServices of America, Inc.® Equal Housing Opportunity. E&OE. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Rounded to the nearest 100th. **Rounded to the nearest 1,000th.

Your home’s value will be based on several key factors: • Irvine Terrace’s sales for the past six months • Square footage and lot size • Views and location • Special features that differentiate your home from others You will not be contacted with any other solicitation.

Johnathan and Angela-Marie, If you want to keep up with your home’s value, contact me today at 949.887.9871 to receive your quarterly market snapshot.