48 Spring Valley
Irvine, CA 92602
Lower Peters Canyon- 2 Beds
- 3 Baths
- 1,550 sqft
2 Beds
3 Baths
1,550 sqft
Home Value
Trulia Estimate
$1.06MSince last month
Decreased$35K (-3.2%)Since last year
Decreased$92K (-8%)Since last sale
Increased$385K (+56.6%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +78% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $1.06M |
| July 2026 | $1.1M |
| June 2026 | $1.1M |
| May 2026 | $1.12M |
| April 2026 | $1.13M |
| March 2026 | $1.14M |
| February 2026 | $1.13M |
| January 2026 | $1.1M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.13 | Condo | $780,000 | 10/03/25 | 2 | 2.5 | 1,080 | |
0.39 | Condo | $900,000 | 08/29/25 | 2 | 2.5 | 1,200 | |
0.30 | Condo | $945,000 | 09/18/25 | 2 | 2.5 | 1,346 | |
0.67 | Condo | $835,000 | 09/08/25 | 2 | 2.5 | 1,170 | |
0.58 | Condo | $1,170,000 | 04/07/26 | 3 | 2 | 1,817 | |
0.19 | Condo | $810,000 | 07/06/26 | 2 | 2 | 1,078 | |
0.90 | Condo | $942,500 | 04/10/26 | 2 | 2.5 | 1,398 | |
0.30 | Condo | $945,000 | 09/18/25 | 2 | 3 | 1,455 | |
0.30 | Condo | $1,050,000 | 07/29/26 | 3 | 2.5 | 1,601 | |
0.29 | Condo | $1,205,600 | 04/24/26 | 3 | 2.5 | 1,513 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.00 | $1,235,000 | 3 | 3 | 1,850 | Recently Sold | |
0.05 | $1,653,300 | 3 | 2.5 | 1,716 | Off Market | |
0.06 | $1,265,000 | 3 | 3 | 1,850 | Recently Sold | |
0.06 | $1,097,400 | 2 | 2.5 | 1,499 | Off Market | |
0.07 | $1,176,200 | 2 | 2.5 | 1,434 | Off Market | |
0.08 | $1,192,900 | 3 | 2.5 | 1,607 | Off Market | |
0.08 | $983,100 | 2 | 2.5 | 1,324 | Off Market | |
0.09 | $3,370,000 | 4 | 4.5 | 3,840 | Recently Sold | |
0.09 | $1,502,100 | 3 | 2.5 | 1,653 | Off Market | |
0.09 | $1,156,100 | 2 | 2.5 | 1,538 | Off Market | |
0.10 | $883,300 | 2 | 2 | 1,078 | Off Market | |
0.11 | $800,700 | 2 | 2.5 | 1,080 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Condo
Year Built
1999
Living Area
1,550 sqft
Price/Sqft
$685
Parking
Garage
About this House
This condo is located at 48 Spring Valley, Irvine, CA. 48 Spring Valley is in the Lower Peters Canyon neighborhood in Irvine, CA and in ZIP code 92602. This property has 2 bedrooms, 3 bathrooms and approximately 1,550 sqft of floor space. This property has a lot size of 1999 sqft and was built in 1999.
48 Spring Valley, Irvine, CA 92602 is a 2 bedroom, 3 bathroom, 1,550 sqft condo in Lower Peters Canyon, built in 1999. It last sold for $680,000 on Jun 16, 2020. More recently, it was listed as a rental in June 2020 with an asking price of $3,100 per month. That rental listing was removed on June 27, 2020. It is currently off market. The Trulia Estimate is $1,061,500, with a rent estimate of $3,996/month.
Home Details for 48 Spring Valley
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Heating & Cooling Heating: Forced Air, OtherAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Interior Details Types of Rooms: Walk In Closet |
Appliances & Utilities DishwasherDisposalRefrigerator |
Fireplace & Spa FireplaceHot Tub or Spa |
Levels, Entrance, & Accessibility Floors: Tile, Laminate |
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Year Built Year Built: 1999 |
Property Type / Style Property Type: Condo |
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Furnished |
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Pool Pool |
Parking & Garage GarageParking Spaces: 2Parking: Garage Attached |
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Units in Building: 1 |
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Lot Area: 1999 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 27, 2020 Source: Agent Provided | ListingRemoved | $3,100 |
Jun 16, 2020 Source: CRMLS #OC20065401 | Sold | $680,000 |
Jun 16, 2020 Source: Agent Provided | Listed For Rent | $3,100 |
May 21, 2020 Source: Agent Provided | Pending | $699,000 |
May 7, 2020 Source: Agent Provided | PriceChange | $699,000 Price decreased by 1% |
Mar 29, 2020 Source: Agent Provided | Listed For Sale | $708,000 |
Dec 24, 2019 Source: Agent Provided | ListingRemoved | $4,500 |
Nov 23, 2019 Source: Agent Provided | Listed For Rent | $4,500 |
Feb 1, 2019 Source: Agent Provided | ListingRemoved | $4,500 |
Jan 1, 2019 Source: Agent Provided | Listed For Rent | $4,500 |
Nov 15, 2018 Source: Agent Provided | ListingRemoved | $4,500 |
Sep 4, 2018 Source: Agent Provided | Listed For Rent | $4,500 |
May 25, 2018 Source: Agent Provided | ListingRemoved | $4,500 |
Apr 25, 2018 Source: Agent Provided | Listed For Rent | $4,500 |
Jan 12, 2018 Source: Agent Provided | ListingRemoved | $4,500 |
Dec 12, 2017 Source: Agent Provided | Listed For Rent | $4,500 |
Nov 5, 2017 Source: Agent Provided | ListingRemoved | $4,500 |
Apr 27, 2017 Source: Agent Provided | PriceChange | $4,500 Price increased by 13% |
Feb 10, 2017 Source: Agent Provided | Listed For Rent | $4,000 |
Jun 21, 2016 Source: N/A | Sold | $592,000 |
Jun 9, 2016 Source: Agent Provided | Pending | $579,000 |
Jun 3, 2016 Source: Agent Provided | Listed For Sale | $579,000 |
Aug 28, 2008 Source: N/A | Sold | $503,000 |
May 26, 2000 Source: N/A | Sold | $288,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $8,594 | $743,675 |
Home facts updated by county records
Market trends in Irvine
Last updated July 2026
Avg. sale price
$1.45M
$30KMoM
Sale-to-List Price
98.2%
0.3%MoM
Price per sq ft
$797
$6MoM
Available listings
963
23MoM
Around this home
What Locals Say about Lower Peters Canyon
At least 61 Trulia users voted on each feature.
86 % Say it's dog friendly
84 % Say streets are well-lit
84 % Say there are sidewalks
78 % Say it's walkable to grocery stores
77 % Say it's walkable to restaurants
76 % Say it's quiet
72 % Say car is needed
69 % Say parking is easy
67 % Say there's holiday spirit
64 % Say people would walk alone at night
61 % Say kids play outside
52 % Say they plan to stay for at least 5 years
45 % Say there's wildlife
38 % Say yards are well-kept
38 % Say neighbors are friendly
26 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Apartments for Rent
Homes for sale near 48 Spring Valley
Off Market Homes Near 48 Spring Valley
Frequently asked questions about 48 Spring Valley
- What is 48 Spring Valley estimated to be worth?Trulia's estimated value for 48 Spring Valley in Irvine, CA is $1,061,500.
- What is the price history for 48 Spring Valley?48 Spring Valley in Irvine, CA last sold for $680,000 in June 2020.
- Is Irvine a buyer's or seller's market?Irvine is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Irvine?The median sale price in Irvine is $1.45M. That is up $30K from the prior month.
- Does 48 Spring Valley have air conditioning?Yes, 48 Spring Valley in Irvine, CA has air conditioning.
- Does 48 Spring Valley have a pool?Yes, 48 Spring Valley in Irvine, CA has a pool.