NOT LISTED FOR SALE

1040 W Macarthur Blvd Unit 160 Santa Ana, CA 92707

South Coast Neighborhood

Estimated Value: $500,000 - $520,000

2 Beds
2 Baths
953 Sq Ft
954 Sq Ft Lot

Last Sold August 05, 2021

Last sale price $390,000 $409 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,194/month

Highlights

  • Fitness Center
  • Spa
  • Clubhouse
  • 24-Hour Security
  • City Lights View
  • Property is near a park

About This Home

As of June 2023

South Coast Metro Area Two Bedrooms / Two Baths Condo in the Macarthur Village community . Features include ; choice upper end location with peek city lights view , hardwood style vinyl plank flooring , split master bedrooms , vaulted ceilings , two balconies , two dining areas , spacious aprx 953 sq ft , gas / water / trash paid , walk in closet , ac / heat , carport has a storage locker , kitchen has a breakfast bar / refrigerator / electric range oven stove / dishwasher / 24 hour gate guarded Macarthur Village offers 5 pool & spa areas / 4 tennis courts / gym / clubhouse / laundry rooms / barbeque areas / basketball court , one block to South Coast Plaza / fine dining / movies .

Last Agent to Rent the Property

bob tetrault

Professional Home REALTORS License #01034576 Listed on: 05/17/2023

Last Renter's Agent

bob tetrault

Professional Home REALTORS License #01034576 Listed on: 05/17/2023

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,900

Year Built

  • Built in 1969

Lot Details

  • 954

Interior Spaces

  • 953 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • City Lights Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Home Security

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Parking Available

Utilities

  • Cooling Available
  • Heating Available
  • Sewer Paid

Additional Features

  • Spa
  • Two or More Common Walls
  • Property is near a park

Listing and Financial Details

  • Security Deposit $2,000
  • Rent includes association dues, gardener, gas, pool, sewer, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 6/2/23
  • Tax Lot 3
  • Tax Tract Number 10643
  • Assessor Parcel Number 93738456

Community Details

Overview

  • Property has a Home Owners Association
  • 630 Units
  • Macarthur Village Subdivision

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Sport Court
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,900

Year Built

Built in 1969

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2023-06-02
  • Credit Check Paid By: Tenant
  • Deposit Security: 2000
  • Furnished: Unfurnished

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: 24 Hour Security, Gated with Attendant, Gated Community, Gated with Guard, Smoke Detector(s)
  • Subdivision Name Other: MacArthur Village (MAVL)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93738456
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 953.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s)
  • Stories: 1
  • Entry Location: front door
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area, Breakfast Counter / Bar
  • Entry Level: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2.51
  • Room Type: All Bedrooms Up
  • Spa Features: Association, Community
  • Bathroom Features: Bathtub, Shower In Tub, Exhaust Fan(s), Remodeled

Exterior Features

  • View: City Lights
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Disposal, Refrigerator
  • Heating Type: Electric
  • Laundry Features: Common Area, Community
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s), Sport Court, Gym/Ex Room, Clubhouse, Guard
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Santa Ana Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 953.00
  • Lot Size Acres: 0.0219
  • Latitude Manual: 33.69942700

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 953.0000 Square Feet
  • Number Of Units In Community: 630
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Gardener, Gas, Pool, Sewer, Trash Collection, Water

Tax Info

  • Tax Census Tract: 740.06
  • Tax Lot: 3
  • Tax Tract Number: 10643

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Aug 4, 2021
Sold by
Theodore Schumacher David
Bought by
Certain Declaration Of Trust
Seller's Agent
bob tetrault
Professional Home REALTORS
Buyer's Agent
bob tetrault
Professional Home REALTORS
Sold Price
$2,150
Current Estimated Value
$512,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$510,262
Avg. Annual Appreciation
6.47%

Purchase Details

Listed on
Jul 21, 2021
Closed on
Jul 23, 2021
Sold by
Kai Suzanne
Bought by
Rakower Stephen
Seller's Agent
bob tetrault
Professional Home REALTORS
Buyer's Agent
bob tetrault
Professional Home REALTORS
Sold Price
$2,150

Purchase Details

Listed on
Jul 21, 2021
Closed on
Jul 2, 2021
Sold by
Schumacher Margaret Christine and The David And Margaret Schumac
Bought by
Rakower Stephen R and Stephen R Rakower Trust
Seller's Agent
bob tetrault
Professional Home REALTORS
Buyer's Agent
bob tetrault
Professional Home REALTORS
Sold Price
$2,150

Purchase Details

Closed on
Dec 10, 1999
Sold by
Mellon Properties Company
Bought by
Schumacher David T and Schumacher Margaret Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,175
Interest Rate
7.69%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 29, 1998
Sold by
Va
Bought by
Mellon Mtg Company

Purchase Details

Closed on
May 22, 1998
Sold by
Mellon Mtg Company
Bought by
Va

Purchase Details

Closed on
Mar 25, 1998
Sold by
Pease Dermott K
Bought by
Mellon Mtg Company
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Certain Declaration Of Trust -- --
Rakower Stephen -- Ticor Title Company Of Ca
Rakower Stephen R $390,000 Ticor Title Company Of Ca
Certain Declaration Of Trust -- --
Schumacher David T $95,000 Old Republic Title Company
Mellon Mtg Company -- --
Va -- Fidelity National Title Ins
Mellon Mtg Company $85,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schumacher David T $72,175
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2023 06/08/23 Rented $2,395 0.0% --
05/17/2023 05/17/23 For Rent $2,395 +8.9% --
10/22/2021 10/22/21 Rented $2,200 +5.0% --
10/03/2021 10/03/21 For Rent $2,095 -2.6% --
08/07/2021 08/07/21 Rented $2,150 0.0% --
08/05/2021 08/05/21 Sold $390,000 0.0% $409 / Sq Ft
07/21/2021 07/21/21 For Rent $1,995 0.0% --
07/20/2021 07/20/21 Price Changed $1,995 0.0% $2 / Sq Ft
06/19/2021 06/19/21 Pending -- -- --
06/19/2021 06/19/21 For Sale $375,000 -- $393 / 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 $4,900 $413,871 $359,053 $54,818
2024 $4,900 $405,756 $352,012 $53,744
2023 $4,779 $397,800 $345,109 $52,691
2022 $4,729 $390,000 $338,342 $51,658
2021 $1,858 $134,739 $75,745 $58,994
2020 $1,859 $133,358 $74,968 $58,390
2019 $1,827 $130,744 $73,498 $57,246
2018 $1,764 $128,181 $72,057 $56,124
2017 $1,748 $125,668 $70,644 $55,024
2016 $1,715 $123,204 $69,258 $53,946
2015 $1,693 $121,354 $68,218 $53,136
2014 $1,664 $118,977 $66,881 $52,096
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23084267

California Regional Multiple Listing Service (CRMLS)

APN: 937-384-56