$860,000
SOLD JUL 21, 2017

1028 Palmetto Way Costa Mesa, CA 92626

3 Beds
2.5 Baths
2,242 Sq Ft
3,481 Sq Ft Lot

Recently Sold

$384 Per Sq Ft

4% Above List Price

6 Days on Market

Highlights

  • Primary Bedroom Suite
  • All Bedrooms Downstairs
  • Traditional Architecture
  • Costa Mesa High School Rated A-
  • Open Floorplan
  • Cathedral Ceiling

About This Home

As of July 2017

This Elegant & Exquisite Newer home in The Grove community of Costa Mesa has the Perfect Cul-de-sac location and the perfect floor plan. Large and spacious; this 2243 sq.ft. home offers 3 bedroom, 2.5 bath, plus a loft. As you enter through the impressive 2 story entry you are greeted with beautiful wood floors taking you into the spacious great room offering a family room, dining room & kitchen combination with walls of glass looking out to your private back yard oasis. This room features a cozy fireplace, custom built in Cabinets Ceiling fan & recessed lighting. Your Dream Gourmet kitchen offers granite counters, designer cabinets, GE Profile stainless appliances, walk-in pantry and a chef’s center island, all perfectly integrated with your dining room. Upstairs features A spacious master suite with an expansive master bath offering marble counters, dual sinks, Designer tile, a large shower, and a large walk-in closet. The delightful guest bedrooms have ceiling fans & custom built-ins. The full guest bath features granite counters, maple cabinets, dual sinks and a tub and shower combination. Your backyard with covered patio, Glass fire pit and pavers invites you to entertain, sunbathe or simply relax and enjoy your favorite book. This home is in the prefect location, close to South Coast Plaza, freeways and parks.

Last Agent to Sell the Property

Maria Xanthakis

Seven Gables Real Estate License #01322068 Listed on: 06/23/2017

Seven Gables Real Estate

Last Buyer's Agent

Kathryn Hughes

Beyond Local Real Estate & Design License #01954149

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,117

Year Built

  • Built in 2012

Lot Details

  • 3,481 Sq Ft Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Fence is in good condition
  • Back Yard

HOA Fees

  • $112 Monthly HOA Fees

Parking

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

Home Design

  • Traditional Architecture
  • Interior Block Wall
  • Stucco

Interior Spaces

  • 2,242 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Shutters
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Loft
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Gas Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • Primary Bedroom Suite
  • Granite Bathroom Countertops
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Suburban Location

Community Details

  • The Grove At Mesa Association, Phone Number (714) 785-1738

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 16917
  • Assessor Parcel Number 14167129

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,117

Year Built

Built in 2012

Lot Details

0

HOA Fees

$112 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Subdivision Name Other: Mesa Del Mar (MDMA)
  • View: No
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 14167129
  • Year Built: 2012
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2242.00 Square Feet
  • Interior Amenities: Block Walls, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, In Family Room
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 383.59
  • Room Type: All Bedrooms Down, Family Room, Great Room, Kitchen, Laundry, Loft, Master Bathroom, Master Suite
  • Window Features: Shutters
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Bath(s), Double Sinks In Master Bath, Exhaust Fan(s), Granite Counters, Separate Tub And Shower, Soaking Tub, Stone Counters, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Block, Good Condition
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Driveway, Direct Garage Access, Garage - Single Door
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Double Oven, Gas Oven, Gas Cooktop, Gas Water Heater, Microwave, Range Hood
  • Electric: 220 Volts in Laundry
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dues Paid Monthly
  • Association Fee: 112.00
  • Association Fee Frequency: Monthly
  • Association Name: The Grove At Mesa
  • Phone: 714-785-1738
  • Senior Community: No
  • Community Features: Suburban

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
  • Lot Size Sq Ft: 3481.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 24
  • Number Of Units Total: 24

Tax Info

  • Tax Census Tract: 639.04
  • Tax Lot: 9
  • Tax Tract Number: 16917

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2017
Closed on
Jul 19, 2017
Sold by
Nhan Loomis Sarah Nathalie
Bought by
Loomis Clinton W
Seller's Agent
Maria Xanthakis
Seven Gables Real Estate
Buyer's Agent
Kathryn Hughes
Beyond Local Real Estate & Design
List Price
$825,000
Sold Price
$860,000
Premium/Discount to List
$35,000
4.24%
Current Estimated Value
$1,625,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$765,768
Avg. Annual Appreciation
8.18%
Original Mortgage
$636,100
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 23, 2017
Closed on
Jul 18, 2017
Sold by
Loomis Clinton W
Bought by
Loomis Clinton W and Loomis Sarah Nathalie Nhan
Seller's Agent
Maria Xanthakis
Seven Gables Real Estate
Buyer's Agent
Kathryn Hughes
Beyond Local Real Estate & Design
List Price
$825,000
Sold Price
$860,000
Premium/Discount to List
$35,000
4.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,100
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 23, 2017
Closed on
Jun 28, 2017
Sold by
Blank Neal S and Davies Blank Andrea E
Bought by
Loomis Clinton W
Seller's Agent
Maria Xanthakis
Seven Gables Real Estate
Buyer's Agent
Kathryn Hughes
Beyond Local Real Estate & Design
List Price
$825,000
Sold Price
$860,000
Premium/Discount to List
$35,000
4.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,100
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2013
Sold by
Blank Andrea E
Bought by
Blank Neal S and Davies Blank Andrea E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 16, 2012
Closed on
May 29, 2012
Sold by
Oxbow 101 Llc
Bought by
Blank Andrea E
Seller's Agent
Rob Udell
Re/Max Connections
Buyer's Agent
Rob Udell
Re/Max Connections
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.84%
Original Mortgage
$400,000
Interest Rate
3.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 16, 2012
Closed on
May 25, 2012
Sold by
Blank Neal S
Bought by
Blank Andrea E
Seller's Agent
Rob Udell
Re/Max Connections
Buyer's Agent
Rob Udell
Re/Max Connections
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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 Type Sale Price Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- Accommodation
Grant Deed $860,000 First American Title Company
Interfamily Deed Transfer -- First Americam Title Ins Co
Grant Deed $600,000 Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $610,000 New Conventional
Closed $636,100 New Conventional
Previous Owner $399,000 New Conventional
Previous Owner $408,000 New Conventional
Previous Owner $400,000 Purchase Money Mortgage
Previous Owner $3,900,000 Construction
Previous Owner $4,400,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2017 07/21/17 Sold $860,000 +4.2% $384 / Sq Ft
06/29/2017 06/29/17 Pending -- -- --
06/23/2017 06/23/17 For Sale $825,000 +37.5% $368 / Sq Ft
06/15/2012 06/15/12 Sold $600,000 -4.0% $277 / Sq Ft
05/09/2012 05/09/12 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 $11,117 $978,530 $567,715 $410,815
2024 $11,117 $959,344 $556,584 $402,760
2023 $10,770 $940,534 $545,671 $394,863
2022 $10,441 $922,093 $534,972 $387,121
2021 $10,150 $904,013 $524,482 $379,531
2020 $10,038 $894,744 $519,104 $375,640
2019 $9,825 $877,200 $508,925 $368,275
2018 $9,627 $860,000 $498,946 $361,054
2017 $7,421 $649,355 $280,884 $368,471
2016 $7,261 $636,623 $275,376 $361,247
2015 $7,191 $627,061 $271,240 $355,821
2014 $7,026 $614,778 $265,927 $348,851
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17142615

California Regional Multiple Listing Service (CRMLS)

APN: 141-671-29