home in Irvine, CA
This home in Irvine, CA offers 4 bedrooms and 4 bathrooms across 2,473 square feet.
| Price | $1,495,000 |
|---|
| Beds | 4 |
|---|
| Baths | 4 |
|---|
| Sqft | 2473 |
|---|
| Address | 324 Magnet, Irvine, CA 92618 |
|---|
Why buy this home
- Links directly to the original source listing on Zillow.
Is this a good buy?
Priced a little under the area.
- New to market (6 days), so expect competition.
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 $10,239/month with 20% down at a 7.28% 30-year fixed rate. You would need about $438,806 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $8,183/mo |
|---|
| Property tax (new-buyer reassessed rate) | $1,495/mo |
|---|
| Homeowners insurance | $561/mo |
|---|
| Total monthly | $10,239/mo |
|---|
| Down payment (20%) | $299,000 |
|---|
| Income needed | $438,806/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B- (68 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- (68/100) |
|---|
| Beats renting in | 20% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $816,118 |
|---|
| Range (10th to 90th pct) | $506,585 to $1,181,650 |
|---|
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.
Explore more
Similar homes
- 3131 Michelson Drive Unit 304, Irvine, CA 92612 · $920,000
- 3043 Scholarship, Irvine, CA 92612 · $1,750,000
- 1301 Rivington, Irvine, CA 92612 · $1,399,990
- 1124 Scholarship, Irvine, CA 92612 · $545,888
- 1124 Scholarship, Irvine, CA 92612 · $520,000
- 7202 Apricot Dr #7202, Irvine, CA 92618 · $499,000
- 441 Sora, Irvine, CA 92618 · $1,225,000
- 7101 Apricot Dr, Irvine, CA 92618 · $638,900
View this home on Zillow