$908,000 - $1,057,000
RENTED MAR 6, 2025

1056 Walter Ave Tustin, CA 92780

3 Beds
2 Baths
1,428 Sq Ft
$682 Price per Sq Ft

Last Sold September 18, 2024

Last sale price $910,000 $637 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,625/month

Highlights

  • Updated Kitchen
  • Quartz Countertops
  • Neighborhood Views
  • Open Floorplan
  • No HOA
  • 2 Car Attached Garage

About This Home

As of March 2025

Enjoy modern living in this exceptional remodeled residence! Impressive spacious layout, 3 bed 2 bath, 9-feet ceilings, open concept floor plan, modern cabinets & quartz cabinet, modern appliances. Enjoy the convenience of an efficient A/C & heater system, recessed lighting, walk-in closet, and washer/dryer hookups. Nestled in a highly desirable neighborhood, you'll enjoy convenience and accessibility, just minutes from major freeways, dining, and amenities. Bonus* with 2-car attached garage & 2-car driveway parking. Act now and make it yours today!

Last Agent to Rent the Property

Vinh Pham

NRI Group Brokerage Phone: 714-787-7993 License #02054997 Listed on: 02/17/2025

Last Renter's Agent

NoEmail NoEmail

None MRML License #N/A

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,779

Year Built

  • Built in 1954

Lot Details

  • 7,314

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,428 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Combination Dining and Living Room
  • Tile Flooring
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Gas Range
  • Range Hood
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Additional Features

  • Patio
  • 7,314 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $3,890
  • 6-Month Minimum Lease Term
  • Available 12/15/24
  • Tax Lot 8
  • Tax Tract Number 1863
  • Assessor Parcel Number 43207207

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,779

Year Built

Built in 1954

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2024-12-15
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 3890
  • Furnished: Unfurnished
  • Pets Allowed: Call, Cats OK, Dogs OK, Size Limit, Yes
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Other Phone Description: 714-485-7037
  • Other Phone Number: 657-233-5233
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 43207207
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1428.00 Square Feet
  • Interior Amenities: Open Floorplan, Recessed Lighting
  • Stories: 1
  • Entry Location: Main door
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Living Room
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2.72
  • Room Type: All Bedrooms Down
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Range Hood
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Tustin Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7314.00
  • Lot Size Acres: 0.1679

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 6 Months
  • Lot Size Area: 7314.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 1863

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2025
Sold by
Pi Group Ventures Llc
Bought by
Pi Group Ventures Llc
Current Estimated Value
$973,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,109,000
Outstanding Balance
$1,109,000
Interest Rate
6.75%
Mortgage Type
Construction
Estimated Equity
-$135,188

Purchase Details

Listed on
Sep 6, 2024
Closed on
Aug 23, 2024
Sold by
Matin Mahbubul
Bought by
Pi Group Ventures Llc
Seller's Agent
Justin Yee
Keller Williams Legacy
Buyer's Agent
Justin Yee
Keller Williams Legacy
List Price
$899,999
Sold Price
$910,000
Premium/Discount to List
$10,001
1.11%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
Original Mortgage
$1,073,500
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 29, 2008
Sold by
Accredited Home Lenders Inc
Bought by
Matin Mahbubul and Matin Dilruba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2007
Sold by
Baez Rosa I
Bought by
Accredited Home Lenders Inc and Aames Home Loan

Purchase Details

Closed on
Jun 30, 2005
Sold by
Baez Rafael
Bought by
Baez Rosa I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.55%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 20, 2005
Sold by
Hernandez Miguel Munguia and Munguia Filomena
Bought by
Baez Rosa I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.55%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 24, 2002
Sold by
Mirza Tayyab Mahmood and Mirza Qurat Ul Ain
Bought by
Hernandez Miguel Munguia and Munguia Filomena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,300
Interest Rate
5.89%

Purchase Details

Closed on
Dec 22, 1993
Sold by
Mirza Tayyab Mahmood and Mirza Quratulain
Bought by
Mirza Tayyab Mahmood and Mirza Qurat Ul Ain

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
7.38%

Purchase Details

Closed on
Oct 19, 1993
Sold by
Bakhtiari Zilley Husnain and Bakhtiari Zilley Hasnain
Bought by
Mirza Tayyab Mahmood and Mirza Quratulain
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pi Group Ventures Llc -- None Listed On Document
Pi Group Ventures Llc $910,000 First American Title
Matin Mahbubul $388,500 Lsi Title
Accredited Home Lenders Inc $500,000 Orange Coast Title Company
Baez Rosa I -- Ticor Title Company
Baez Rosa I $625,000 Ticor Title Company
Hernandez Miguel Munguia $297,000 California Counties Title Co
Mirza Tayyab Mahmood -- Orange Coast Title
Mirza Tayyab Mahmood -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pi Group Ventures Llc $1,109,000
Previous Owner Pi Group Ventures Llc $1,073,500
Previous Owner Matin Mahbubul $234,000
Previous Owner Matin Mahbubul $238,500
Previous Owner Baez Rosa I $125,000
Previous Owner Baez Rosa I $500,000
Previous Owner Hernandez Miguel Munguia $115,000
Previous Owner Hernandez Miguel Munguia $267,300
Previous Owner Mirza Tayyab Mahmood $158,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 Rented $3,890 0.0% --
02/19/2025 02/19/25 Price Changed $3,890 -2.5% $3 / Sq Ft
02/17/2025 02/17/25 For Rent $3,990 0.0% --
09/18/2024 09/18/24 Sold $910,000 0.0% $637 / Sq Ft
09/10/2024 09/10/24 Pending -- -- --
09/10/2024 09/10/24 Off Market $910,000 -- --
09/06/2024 09/06/24 For Sale $899,999 -- $630 / 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 $5,779 $910,000 $829,490 $80,510
2024 $5,779 $500,288 $405,997 $94,291
2023 $5,634 $490,479 $398,036 $92,443
2022 $5,545 $480,862 $390,231 $90,631
2021 $5,434 $471,434 $382,580 $88,854
2020 $5,405 $466,601 $378,658 $87,943
2019 $5,274 $457,452 $371,233 $86,219
2018 $5,188 $448,483 $363,954 $84,529
2017 $5,097 $439,690 $356,818 $82,872
2016 $5,006 $431,069 $349,821 $81,248
2015 $5,070 $424,594 $344,566 $80,028
2014 $4,841 $407,000 $332,486 $74,514
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25035435

California Regional Multiple Listing Service (CRMLS)

APN: 432-072-07