Mediterranean home in Irvine, CA
Set in Irvine, CA, this Mediterranean home provides 4 bedrooms and 3 bathrooms across 2,484 square feet. The Mediterranean styling carries through the home's design.
| Price | $2,098,000 |
|---|
| Beds | 4 |
|---|
| Baths | 3 |
|---|
| Sqft | 2484 |
|---|
| Architectural style | Mediterranean (43% match) |
|---|
| Address | 125 Lovelace, Irvine, CA 92620 |
|---|
Why buy this home
- Confirmed Mediterranean architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Zillow.
Is this a good buy?
Priced below comparable homes.
- At $2.1M, this home is 28% below the $2.9M median for 120 similar Mediterranean homes in Irvine, CA.
- That works out to $845 per square foot, 5% below the $885 comparable rate.
- On the market 114 days, which is a long time; sellers are often flexible at this point.
| This home | $2,098,000 |
|---|
| Mediterranean median in Irvine, CA | $2,900,000 (120 homes) |
|---|
| Price per sq ft | $845 vs. $885 comps median |
|---|
Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $14,369/month with 20% down at a 7.28% 30-year fixed rate. You would need about $615,796 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $11,484/mo |
|---|
| Property tax (new-buyer reassessed rate) | $2,098/mo |
|---|
| Homeowners insurance | $787/mo |
|---|
| Total monthly | $14,369/mo |
|---|
| Down payment (20%) | $419,600 |
|---|
| Income needed | $615,796/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B (71 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B (71/100) |
|---|
| Beats renting in | 26% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $1,210,069 |
|---|
| Range (10th to 90th pct) | $758,707 to $1,742,714 |
|---|
A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward US where local data is thin.
Local home values
Typical home values in United States have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the national market, not this specific home.
View this home on Zillow