PRICE REDUCED**TURN-KEY**EXQUISITE HOME**BRAND NEW CONSTRUCTION Prime location, this gorgeous Chancellor home was rebuilt with timeless elegant design, features awe-inspiring Spanish arches, soaring staircase, 2-stories high ceiling and open space floor plan. It boasts 5 bedroom/bathroom suites, great room (kitchen, dining and family room), grandeur living room, loft (bonus room), den/office, and a ½ bath powder room. The downstairs (in-law or guest) bedroom suite has its own private entrance through the site gate. The gourmet kitchen features Quartz top island, off-white hardwood cabinets, luxurious Thermador 6 burner stove, range hood, and built-in refrigerator/freezer, 2 dishwashers, farmer sink, wine fridge, wall oven, microwave, walk in pantry and pull-out drawers. Through the house, floors and bathroom walls are covered with natural marble, quality Italian porcelain tile, and European oak wood plank. The house is pre-wired for data cable, security system installed. Every space was designed and built to details and be user friendly. Outdoor space boasts a semi-private tree-shaded front yard, back yard patio, wicking planter beds, maintenance free synthetic grass lawn and water-saving landscapes. This is a beautiful urban home designed for luxury and hassle-free lifestyle. Walking distance to THE best local schools, Wholesome Choice, Synagogues, golf course, a short drive to Sage Hills and UCI. Truly a destination home for young and multi-generational families.
Single-familyProperty Type
2019Year Built
5,000 sq ftLot Size
$850Est. Price/Sq.Ft.
2 garage spacesParking
Listed by Qirong Mo•DRE #01234056• Ray Q. Mo, Broker
Bought with Ling Luo•DRE #01989967• Harvest Realty Development
PRICE REDUCED * * TURN-KEY * * EXQUISITE HOME * * BRAND NEW CONSTRUCTION Prime location, this gorgeous Chancellor home was rebuilt with timeless elegant design, features awe-inspiring Spanish arches, soaring staircase, 2-stories high ceiling and open space floor plan. It boasts 5 bedroom/bathroom suites, great room (kitchen, dining and family room), grandeur living room, loft (bonus room), den/office, and a ½ bath powder room. The downstairs (in-law or guest) bedroom suite has its own private entrance through the site gate. The gourmet kitchen features Quartz top island, off-white hardwood cabinets, luxurious Thermador 6 burner stove, range hood, and built-in refrigerator/freezer, 2 dishwashers, farmer sink, wine fridge, wall oven, microwave, walk in pantry and pull-out drawers. Through the house, floors and bathroom walls are covered with natural marble, quality Italian porcelain tile, and European oak wood plank. The house is pre-wired for data cable, security system installed. Every space was designed and built to details and be user friendly. Outdoor space boasts a semi-private tree-shaded front yard, back yard patio, wicking planter beds, maintenance free synthetic grass lawn and water-saving landscapes. This is a beautiful urban home designed for luxury and hassle-free lifestyle. Walking distance to THE best local schools, Wholesome Choice, Synagogues, golf course, a short drive to Sage Hills and UCI. Truly a destination home for young and multi-generational families.
Greater Lansing AoR #OC17200998
Oct 10, 2017
Sold
$837,000
$205/sq ft
Sep 9, 2017
Contingent
—
Aug 31, 2017
Listed
$830,000
$204/sq ft
Aug 29, 2017
Listed
$830,000
$204/sq ft
Welcome to Chancellor Homes in University Park. The gated, private entrance to this 2 bedroom plus den includes two patios and leads to double doors with side windows opening to an elegant black tiled foyer. Formal living room features a skylight and enchanting 2-sided brick fireplace. The dining room has a second skylight and slider to the elongated, covered patio perfect for all your entertaining needs. The wonderful, open kitchen has newer tile flooring, room for a table, electric range with separate double oven and opens to the dining room. Convenient indoor laundry room. Wet bar. The luxurious master suite has mirrored closet doors, tile counters & surround in the walk-in shower. Bedroom 2 also has mirrored closets. Bathroom 2 has tub and shower. Den/Office features built-ins and 2-sided fireplace. Neutral carpeting throughout. There is also a coat closet and storage closet. 2-car garage. University Community Association covers the common greenbelt areas, pools, and recreation facilities which include tennis and paddle courts. They also have an Architectural Committee that approves paint colors, modifications, etc.
Public Records
May 8, 1992
Sold
$231,000
$57/sq ft
Public Records
Jan 24, 1985
Sold
$135,000
$33/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$25,051 (+2.1%)
$1,449,986 + $1,004,152
$2,454,138
2024
$24,542 (+2.6%)
$1,421,555 + $984,463
$2,406,018
2023
$23,911 (+1.8%)
$1,393,682 + $965,160
$2,358,842
2022
$23,485 (+2.3%)
$1,366,355 + $946,236
$2,312,591
2021
$22,963 (+35.4%)
$1,339,564 + $927,683
$2,267,247
2020
$16,957 (+82.0%)
$1,313,298 + $909,494
$2,222,792
2019
$9,316 (+6.3%)
$776,767 + $853,423
$1,630,190
2018
$8,766 (+141.6%)
$761,537 + $130,434
$891,971
2017
$3,628 (+4.6%)
$235,512 + $104,082
$339,594
2016
$3,467
$235,512 + $104,082
$339,594
2015
$3,469 (+1.9%)
$230,894 + $102,042
$332,936
2014
$3,403 (+0.4%)
$222,970 + $98,542
$321,512
2013
$3,388 (+1.9%)
$222,970 + $98,542
$321,512
2012
$3,324 (+2.0%)
$221,962 + $98,097
$320,059
2011
$3,260 (+0.8%)
$217,610 + $96,174
$313,784
2010
$3,233 (−0.2%)
$213,343 + $94,289
$307,632
2009
$3,240 (+1.9%)
$211,748 + $93,585
$305,333
2008
$3,180
$212,252 + $93,808
$306,060
Tax history for 7 Bascom St
Year
Property tax
Land + Additions
Assessment*
2025
$25,051 (+2.1%)
$1,449,986 + $1,004,152
$2,454,138
2024
$24,542 (+2.6%)
$1,421,555 + $984,463
$2,406,018
2023
$23,911 (+1.8%)
$1,393,682 + $965,160
$2,358,842
2022
$23,485 (+2.3%)
$1,366,355 + $946,236
$2,312,591
2021
$22,963 (+35.4%)
$1,339,564 + $927,683
$2,267,247
2020
$16,957 (+82.0%)
$1,313,298 + $909,494
$2,222,792
2019
$9,316 (+6.3%)
$776,767 + $853,423
$1,630,190
2018
$8,766 (+141.6%)
$761,537 + $130,434
$891,971
2017
$3,628 (+4.6%)
$235,512 + $104,082
$339,594
2016
$3,467
$235,512 + $104,082
$339,594
2015
$3,469 (+1.9%)
$230,894 + $102,042
$332,936
2014
$3,403 (+0.4%)
$222,970 + $98,542
$321,512
2013
$3,388 (+1.9%)
$222,970 + $98,542
$321,512
2012
$3,324 (+2.0%)
$221,962 + $98,097
$320,059
2011
$3,260 (+0.8%)
$217,610 + $96,174
$313,784
2010
$3,233 (−0.2%)
$213,343 + $94,289
$307,632
2009
$3,240 (+1.9%)
$211,748 + $93,585
$305,333
2008
$3,180
$212,252 + $93,808
$306,060
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
5
Baths
5.5
Stories
—
Lot width
—
Lot depth
—
Lot size
5,000 Sq. Ft.
Year renovated
2018
Sq. Ft.
4,096
Year built
1966
Style
Single Family Residential
County
Orange County
APN
45303235
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 28, 2026.
2.2A
Low Density Residential - University Park (Planning Area 20) District
This category allows zero to 6.5 dwelling units per net acre, which is approximately equivalent to the General Plan Low Density category of zero to five du per gross acre. Attached and conventional housing, as well as other appropriate uses such as churches and child care centers, are allowed.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Other
Educational/school
Park & open space
Property details
Parking
Parking & Garage Information
# of Garage Spaces: 2
Total Parking Spaces: 4
Has Attached Garage: Yes
Parking Features: Attached, Concrete, Direct Access, Garage Faces Front, Garage, Garage Door Opener, Paved
Appliances: Double Oven, Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Electric Oven, Freezer, Gas Cooktop, Disposal, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Tankless Water Heater, Vented Exhaust Fan, Water Heater, Instant Hot Water
Fireplace Features: Living Room
Has Fireplace: Yes
Flooring: Wood
Interior Features: Built-in Features, Crown Molding, Eat-in Kitchen, High Ceilings, In-Law Floorplan, Open Floorplan, Pantry, Stone Counters, Recessed Lighting, Storage, Wired for Data, Entrance Foyer
Association Amenities: Clubhouse, Meeting Room, Management, Other, Picnic Area, Playground, Pool, Spa/Hot Tub, Tennis Court(s), Trail(s)
Location Information
Directions: Culver Drive off 405 fwy, turn left on Michelson, turn left on Bascom
Utility Information
Electric: 220 Volts in Garage, 220 Volts in Kitchen
Sewer: Public Sewer
Utilities: Cable Connected, Natural Gas Connected, Phone Connected, Water Connected
Public facts
Beds: 5
Baths: 5.5
Sq. Ft.: 4,096
Stories: —
Lot Size: 5,000 square feet
Style: Single Family Residential
Year Built: 1966
Year Renovated: 2018
County: Orange County
APN: 45303235
Home facts updated by county records on Oct 28, 2026
Other
Miscellaneous Information
Construction Materials: Stucco
Foundation Details: Slab
Around this home
Schools
K - 12
Preschool & daycare
University Park Elementary School
Public K-6 • Assigned • 0.4mi
9/10
Rancho San Joaquin Middle School
Public 7-8 • Assigned • 1.0mi
10/10
University High School
Public 9-12 • Assigned • 1.0mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
Irvine is a Master Planned City which makes it truly unique and highly desirable. Irvine is known for its parks and open space. Popular spots include the OC Great Park and Quail Hill Trailhead. Irvine Spectrum has shopping, dining and entertainment....