NOT LISTED FOR SALE

1042 Walnut St Unit C Tustin, CA 92780

Estimated Value: $703,000 - $861,000

3 Beds
2.5 Baths
1,215 Sq Ft
$632/Sq Ft Est. Value

Last Sold January 09, 2013

Last sale price $335,000 $276 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $4,697/month

10 Days on Market

Highlights

  • Spa
  • Contemporary Architecture
  • Patio
  • Open Floorplan
  • Fireplace
  • Zero Lot Line

About This Home

As of January 2013

This beautiful 2 story townhome features 3 bedrooms, 2.5 baths, a spacious patio, and an oversized 2 car garage with laundry hookups. New laminate floors, paint, trim, and lighting leave nothing to be done by the new owners! Close to Tustin High School, shopping, and just a few minutes from the on ramp and central to all of Orange County. This home will make a great home with access to some of the highest rated schools in the area or an even better investment for long term rental with a low HOA of just $240. This is the lowest priced 3 Bedroom townhome with a 2 car garage in all of Tustin so hurry in to see it while it is still available. This is truly a quiet and peaceful neighborhood! Come and enjoy it.

Last Agent to Sell the Property

Andrew McGrath

Christine Donovan, Broker License #01902684 Listed on: 11/30/2012

Last Buyer's Agent

George Chou

Presidential Incorporated License #01347273

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,833

Year Built

  • Built in 1984 | Remodeled

Lot Details

  • 1,218 Sq Ft Lot
  • West Facing Home
  • Privacy Fence
  • Fenced
  • Zero Lot Line
  • Property is zoned r2

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,215 Sq Ft Home
  • Open Floorplan
  • Fireplace
  • Laminate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Spa
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 12106
  • Assessor Parcel Number 50015503

Community Details

Recreation

  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,833

Year Built

Built in 1984 | Remodeled

Lot Details

0

HOA Fees

$240 per month

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 714-514-1025
  • Property Attached: Yes
  • View: No
  • Zoning: r2
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 50015503
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1215.00
  • Interior Amenities: Open Floorplan
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: Two
  • Price Per Square Foot: 275.72
  • Spa Features: Association

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Fence: Yes
  • Fencing: Privacy
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Heating Type: Forced Air
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Spa/Hot Tub
  • Association Fee: 240.00
  • Association Fee Frequency: Monthly
  • Senior Community: No

Schools

  • School District: Tustin Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Zero Lot Line
  • Lot Size Sq Ft: 1218.00
  • Lot Size Acres: 0.0280

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 1218.0000 Square Feet
  • Number Of Units In Community: 13
  • Number Of Units Total: 13

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 12106

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2012
Closed on
Dec 17, 2012
Sold by
Foong Kim Juat
Bought by
Qiu Ming Fang
Seller's Agent
Andrew McGrath
Christine Donovan, Broker
Buyer's Agent
George Chou
Presidential Incorporated
List Price
$325,000
Sold Price
$335,000
Premium/Discount to List
$10,000
3.08%
Current Estimated Value
$767,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,668
Avg. Annual Appreciation
6.71%
Original Mortgage
$250,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 30, 2012
Closed on
Dec 14, 2012
Sold by
Shao Guo Rong
Bought by
Qiu Ming Fang
Seller's Agent
Andrew McGrath
Christine Donovan, Broker
Buyer's Agent
George Chou
Presidential Incorporated
List Price
$325,000
Sold Price
$335,000
Premium/Discount to List
$10,000
3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 7, 2011
Closed on
Apr 6, 2012
Sold by
Lee David
Bought by
Foong Kim Juat
Seller's Agent
Nicholas Long
BullMark Real Estate Group
Buyer's Agent
Carol Powers
BullMark Real Estate Group
List Price
$219,000
Sold Price
$219,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
86.84%
Original Mortgage
$164,250
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2006
Sold by
Applebee Brian E and Applebee Nicole
Bought by
Lee David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,980
Interest Rate
6.57%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 25, 2004
Sold by
Applebee Brian and Nguyen Jimmy
Bought by
Applebee Brian E and Ward Nicole L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 25, 2002
Sold by
Yaginuma Kazuko
Bought by
Applebee Brian and Nguyen Jimmy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.76%
Source: Public Records

Range of Values:

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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
Qiu Ming Fang $335,000 Lawyers Title
Qiu Ming Fang -- Lawyers Title
Foong Kim Juat $219,000 Fnt
Lee David $460,000 Equity Title Company
Applebee Brian E -- Orange Coast Title
Applebee Brian $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qiu Ming Fang $390,000
Closed Qiu Ming Fang $250,000
Previous Owner Foong Kim Juat $164,250
Previous Owner Lee David $91,980
Previous Owner Lee David $367,920
Previous Owner Applebee Brian E $30,000
Previous Owner Applebee Brian E $323,000
Previous Owner Applebee Brian $212,000
Closed Applebee Brian $53,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2013 01/09/13 Sold $335,000 +3.1% $276 / Sq Ft
11/30/2012 11/30/12 For Sale $325,000 +48.4% $267 / Sq Ft
05/04/2012 05/04/12 Sold $219,000 0.0% $180 / Sq Ft
12/07/2011 12/07/11 For Sale $219,000 -- $180 / 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 $4,833 $412,522 $299,304 $113,218
2024 $4,833 $404,434 $293,435 $110,999
2023 $4,711 $396,504 $287,681 $108,823
2022 $4,635 $388,730 $282,040 $106,690
2021 $4,544 $381,108 $276,509 $104,599
2020 $4,520 $377,201 $273,674 $103,527
2019 $4,413 $369,805 $268,307 $101,498
2018 $4,343 $362,554 $263,046 $99,508
2017 $4,269 $355,446 $257,889 $97,557
2016 $4,195 $348,477 $252,832 $95,645
2015 $4,267 $343,243 $249,034 $94,209
2014 $4,160 $336,520 $244,156 $92,364
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P842366

California Regional Multiple Listing Service (CRMLS)

APN: 500-155-03