NOT LISTED FOR SALE

Estimated Value: $1,179,000 - $1,424,000

4 Beds
3 Baths
1,616 Sq Ft
$834/Sq Ft Est. Value

Last Sold August 02, 2022

Last sale price $960,000 $594 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $8,145/month

11 Days on Market

Highlights

  • Ocean View
  • No HOA
  • Park
  • Horace Ensign Intermediate School Rated A
  • 2 Car Attached Garage
  • 3-minute walk to Marina View Park

About This Home

As of August 2022

Loads of potential! Peek-a-boo ocean and Catalina views from the front yard. This conveniently located home has all the possibilities. Although the home needs a fair amount of work, it has great bones and is ready to be brought back to its former glory. Features include a stepdown living room with fireplace, nice sized kitchen that opens to a Family room, walk-in closets, nice sized yard, and a big side yard. located in a very nice West Costa Mesa neighborhood and only a couple hundred yards from the border of Newport Beach.

Last Agent to Sell the Property

Jason Salata

Trust Properties USA License #01415125 Listed on: 05/31/2022

Last Buyer's Agent

Pamela Etem

The OC Real Estate License #01383837

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 5,046 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Catalina
  • Peek-A-Boo

Home Design

  • Fixer Upper

Interior Spaces

  • 1,616 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Jack-and-Jill Bathroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Schools

  • Newport Harbor High School

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 7043
  • Assessor Parcel Number 42431316
  • $714 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Oceanview Park Subdivision
  • Property is near a preserve or public land

Recreation

  • Park

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

5,046 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Oceanview Park (OCPK)
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42431316
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1616.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 594.06
  • Room Type: Jack & Jill

Exterior Features

  • View: Catalina, Ocean, Peek-A-Boo
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park, Preserve/Public Land

Schools

  • High School: Newport Harbor
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5046.00
  • Lot Size Acres: 0.1158

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5046.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 636.04
  • Tax Lot: 12
  • Tax Tract Number: 7043
  • TaxOtherAnnualAssessmentAmount: 714.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2022
Closed on
Jun 16, 2022
Sold by
Fannie Olaiz Revocable Trust
Bought by
Pedersen Erik K
Seller's Agent
Jason Salata
Trust Properties USA
Buyer's Agent
Pamela Etem
The OC Real Estate
List Price
$950,000
Sold Price
$960,000
Premium/Discount to List
$10,000
1.05%
Current Estimated Value
$1,347,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,703
Avg. Annual Appreciation
9.74%
Original Mortgage
$720,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2014
Sold by
Olaiz Fannie
Bought by
Olaiz Fannie and Fannie Olaiz Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pedersen Erik K $960,000 Lawyers Title
Olaiz Fannie -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pedersen Erik K $720,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2022 08/02/22 Sold $960,000 +1.1% $594 / Sq Ft
06/11/2022 06/11/22 Pending -- -- --
05/31/2022 05/31/22 For Sale $950,000 -- $588 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,316 $1,004,409 $879,827 $124,582
2024 $11,316 $979,200 $862,575 $116,625
2023 $10,983 $960,000 $845,661 $114,339
2022 $1,588 $82,603 $26,706 $55,897
2021 $1,492 $80,984 $26,183 $54,801
2020 $1,463 $80,154 $25,914 $54,240
2019 $1,430 $78,583 $25,406 $53,177
2018 $1,400 $77,043 $24,908 $52,135
2017 $1,381 $75,533 $24,420 $51,113
2016 $1,358 $74,052 $23,941 $50,111
2015 $1,342 $72,940 $23,581 $49,359
2014 $1,316 $71,512 $23,119 $48,393
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22115747

California Regional Multiple Listing Service (CRMLS)

APN: 424-313-16

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