NOT LISTED FOR SALE

1024 Palmetto Way Costa Mesa, CA 92626

Estimated Value: $1,564,601 - $1,869,000

3 Beds
2.5 Baths
2,250 Sq Ft
$749/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $1,430,000 $636 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $9,627/month

7 Days on Market

Highlights

  • Open Floorplan
  • Cathedral Ceiling
  • Loft
  • Costa Mesa High School Rated A-
  • Mediterranean Architecture
  • Granite Countertops

About This Home

As of May 2022

New on the Market! Gorgeous Home at The Exclusive, The Grove at Mesa Del Mar. 3 bedrooms plus 4th extra room/loft, 2.5 bathrooms with 2 Car Garage and Driveway. This Perfect Newer-Build Home is located in one of the most desired Costa Mesa Neighborhoods of only 24 homes. Beautiful, Light & Bright! A Spacious Floorplan with a Large Great Room; Living Area with Fireplace which opens to the Large Kitchen & Dining. Beautiful Elegant Custom work includes; Luxury Engineered Wood Flooring through the home, Upgraded Light Carpet, Custom Paint (inside and outside), Dual Glazed Low E Vinyl Windows, Baseboards & Crown Molding, Window Blinds, Recessed Lighting, Custom Panel Doors & Hardware, Tankless Water Heater. Extra Large Gourmet Kitchen with Center Island has Granite Counters/Backsplash, GE Profile Stainless Appliances, Double Oven and Gas Cooktop, Microwave, Refrigerator, Pantry and Plenty of Storage Cabinets. Wonderful Master with Large Walk in Closet and Master Bath with Dual Sinks and Kohler 5' Oval Whirlpool Tub for relaxing. Upstairs Laundry Room is amazing with Cabinets and Sink! Custom Door from your Dining Room Opens to your Outside Lovely Private Gated Backyard with Patio Area, Trees and New Grass. Enjoy the Garden Front and Backyards. Additionally, the Garage has been finished with Painted Floor & Storage Cabinets. A Rare Find in this Wonderful Neighborhood with Award Winning Schools. Close to all beaches, shopping, restaurants, TeWinkle Park, OC Fairgrounds, South Coast Plaza and the Freeways. Welcome Home!!

Last Agent to Sell the Property

Margaret Bowles

Coldwell Banker Realty License #01228960 Listed on: 04/13/2022

Coldwell Banker Realty

Last Buyer's Agent

Margaret Bowles

Coldwell Banker Realty License #01228960 Listed on: 04/13/2022

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,545

Year Built

  • Built in 2012 | Remodeled

Lot Details

  • 3,500 Sq Ft Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Private Yard
  • Garden
  • Back and Front Yard

HOA Fees

  • $133 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Single Garage Door
  • Driveway

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Planned Development
  • Spanish Tile Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,250 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Panel Doors
  • Entryway
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Loft
  • Bonus Room
  • Neighborhood Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting

Schools

  • Sonora Elementary School
  • Costa Mesa Middle School
  • Costa Mesa High School

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Community Details

  • Grove At Mesa Del Mar Association, Phone Number (949) 261-8282
  • Total Property Mgmt HOA
  • Mesa Del Mar Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 16917
  • Assessor Parcel Number 14167131
  • $712 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,545

Year Built

Built in 2012 | Remodeled

Lot Details

0

HOA Fees

$133 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Kitchen Refrigerator, Washer/Dryer
  • Property Attached: No
  • Subdivision Name Other: Mesa Del Mar (MDMA)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 14167131
  • Year Built: 2012
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2250.00 Square Feet
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Copper Plumbing Full, Crown Molding, Granite Counters, Open Floorplan, Pantry, Recessed Lighting
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Panel Doors
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 635.56
  • Room Type: All Bedrooms Up, Bonus Room, Entry, Kitchen, Laundry, Living Room, Loft
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Double Sinks In Master Bath, Exhaust Fan(s), Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Concrete, Patio
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Disposal, Gas Cooktop, Microwave, Refrigerator, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Upper Level, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 133.00
  • Association Fee Frequency: Monthly
  • Association Name: Grove at Mesa Del Mar
  • Phone: 9492618282
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Street Lights
  • Association Management: Total Property mgmt

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Sonora
  • Middle School: Costa Mesa
  • High School: Costa Mesa
  • Elementary School: Sonora
  • High School: Costa Mesa
  • Middle Or Junior School: Costa Mesa
  • Elementary School #2: SONORA
  • High School2: COSMES

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Garden, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Yard
  • Lot Size Sq Ft: 3500.00
  • Lot Size Acres: 0.0803

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3500.0000 Square Feet
  • Number Of Units Total: 24

Tax Info

  • Tax Census Tract: 639.04
  • Tax Lot: 11
  • Tax Tract Number: 16917
  • TaxOtherAnnualAssessmentAmount: 712.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2014
Sold by
Luburic Franco and Yao Lana Lan
Bought by
The Luburic Family Trust
Current Estimated Value
$1,604,098

Purchase Details

Closed on
May 24, 2011
Sold by
Oxbow 101 Llc
Bought by
Luburic Frano and Yao Lana Lan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
3.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
The Luburic Family Trust -- None Available
Luburic Frano $610,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luburic Frano $484,000
Previous Owner Oxbow 101 Llc $3,900,000
Previous Owner Luburic Frano $488,000
Previous Owner Oxbow 101 Llc $4,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $1,430,000 +3.0% $636 / Sq Ft
04/13/2022 04/13/22 For Sale $1,388,000 +127.5% $617 / Sq Ft
06/01/2012 06/01/12 Sold $610,000 -2.4% $282 / Sq Ft
03/28/2012 03/28/12 Pending -- -- --
01/16/2012 01/16/12 For Sale $625,000 -- $289 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $8,545 $729,208 $270,799 $458,409
2024 $8,545 $714,910 $265,489 $449,421
2023 $8,258 $700,893 $260,284 $440,609
2022 $8,336 $721,997 $319,023 $402,974
2021 $8,086 $707,841 $312,768 $395,073
2020 $7,994 $700,583 $309,560 $391,023
2019 $7,823 $686,847 $303,491 $383,356
2018 $7,665 $673,380 $297,540 $375,840
2017 $7,535 $660,177 $291,706 $368,471
2016 $7,372 $647,233 $285,986 $361,247
2015 $7,301 $637,511 $281,690 $355,821
2014 $7,134 $625,024 $276,173 $348,851
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22074767

California Regional Multiple Listing Service (CRMLS)

APN: 141-671-31