1040 Palmetto Way Costa Mesa, CA 92626
Estimated Value: $1,562,717 - $1,780,000
4
Beds
3
Baths
2,383
Sq Ft
$688/Sq Ft
Est. Value
Highlights
- Newly Remodeled
- Open Floorplan
- Bonus Room
- Costa Mesa High School Rated A-
- Main Floor Bedroom
- Double Self-Cleaning Convection Oven
About This Home
As of May 2012Wow, Brand New Home, Brand New Tract, Costa Mesa, Detached Residence, The Grove At Mesa Del Mar, Gorgeous 2383 Sq. Ft., 2 Level, 4 Bedroom, 2 3/4 Bath, Plus Huge Bonus Room Could Be 5th Bedroom, Designed To Perfection, Bullnosed Walls, Fantastic Gourmet Kitchen, GE Profile Stainless Steel Appliances, Granite Counter Tops & Backsplash, Center Kitchen Island, Maple Cabinets With Conceled Hinges & White Interiors, Great Room With Gas Fireplace, Upstairs Laundryroom, Fantastic Master Suite,With Large Master Bathroom Featuring Dual Sinks, Elevated Kohler 5' Oval Whirlpool Bath Tub,Separate Walk In Shower With Tempered Glass Enclosure,Spacious Master Bedroom Walk In Closet,State Of The Art Construction, Dual Glazed Low E, Vinyl Windows, Plus Energy Efficient Tankless Water Heater, Recessed Downlighting,Central Heating & Sear 13 A.C.,Structured Wiring System,RG6 Cable,CAT5 Phone,Concrete Tile Roof, Direct Access 2 Car Garage,Sectional Door,Enclosed Yards,NO MELLO ROOS, Low Assoc. Dreamhome
Last Agent to Sell the Property
Re/Max Premier Realty License #01199823 Listed on: 06/01/2011
Last Buyer's Agent
Mary Ellen Regan
Intero Real Estate Services License #01713759
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,167
Year Built
- Built in 2011 | Newly Remodeled
Lot Details
- 5,494 Sq Ft Lot
- Block Wall Fence
- Sprinklers on Timer
HOA Fees
- $116 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Parking Available
- Two Garage Doors
- Garage Door Opener
- Driveway
Home Design
- Planned Development
- Tile Roof
- Concrete Roof
- Wood Siding
- Copper Plumbing
- Stucco
Interior Spaces
- 2,383 Sq Ft Home
- Open Floorplan
- Built-In Features
- Crown Molding
- Coffered Ceiling
- Recessed Lighting
- Wood Burning Fireplace
- Electric Fireplace
- Gas Fireplace
- Sliding Doors
- Formal Entry
- Great Room with Fireplace
- Bonus Room
- Storage
Kitchen
- Breakfast Bar
- Double Self-Cleaning Convection Oven
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Walk-In Closet
Laundry
- Laundry Room
- Laundry in Kitchen
Outdoor Features
- Enclosed patio or porch
Utilities
- Forced Air Heating System
- Tankless Water Heater
- Sewer Paid
- Cable TV Available
Community Details
- Brand New Home
Listing and Financial Details
- Tax Lot 3
- Tax Tract Number 16917
- Assessor Parcel Number 14167123
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2011
Closed on
May 2, 2012
Sold by
Oxbow 101 Llc
Bought by
Pelayo Jesse James Cortez and Lu Gerald
Seller's Agent
Rob Udell
Re/Max Premier Realty
Buyer's Agent
Mary Ellen Regan
Intero Real Estate Services
List Price
$779,000
Sold Price
$700,000
Premium/Discount to List
-$79,000
-10.14%
Total Days on Market
301
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$940,179
Avg. Annual Appreciation
6.89%
Original Mortgage
$682,255
Interest Rate
3.87%
Mortgage Type
FHA
Similar Homes in Costa Mesa, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pelayo Jesse James Cortez | $700,000 | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pelayo Jesse James Cortez | $719,500 | |
| Closed | Pelayo Jesse James Cortez | $722,500 | |
| Closed | Pelayo Jesse James Cortez | $726,000 | |
| Closed | Pelayo Jesse James Cortez | $625,500 | |
| Closed | Pelayo Jesse James Cortez | $682,255 | |
| Previous Owner | Oxbow 101 Llc | $4,400,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/13/2012 05/13/12 | Sold | $700,000 | -1.3% | $294 / Sq Ft |
| 03/28/2012 03/28/12 | Pending | -- | -- | -- |
| 06/28/2011 06/28/11 | Price Changed | $709,000 | -9.0% | $298 / Sq Ft |
| 06/01/2011 06/01/11 | For Sale | $779,000 | -- | $327 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $10,167 | $861,993 | $430,999 | $430,994 |
| 2023 | $9,843 | $845,092 | $422,548 | $422,544 |
| 2022 | $9,530 | $828,522 | $414,263 | $414,259 |
| 2021 | $9,259 | $812,277 | $406,140 | $406,137 |
| 2020 | $9,156 | $803,949 | $401,976 | $401,973 |
| 2019 | $8,962 | $788,186 | $394,094 | $394,092 |
| 2018 | $8,783 | $772,732 | $386,367 | $386,365 |
| 2017 | $8,634 | $757,581 | $378,791 | $378,790 |
| 2016 | $8,448 | $742,727 | $371,364 | $371,363 |
| 2015 | $8,152 | $731,571 | $365,786 | $365,785 |
| 2014 | $7,961 | $717,241 | $358,621 | $358,620 |
Source: Public Records
Agents Affiliated with this Home
-
Rob Udell
Seller's Agent in 2012
Rob Udell
RE/MAX
(949) 887-8170
41 Total Sales
-
M
Buyer's Agent in 2012
Mary Ellen Regan
Intero Real Estate Services
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: S661534
APN: 141-671-23
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