NOT LISTED FOR SALE

109 Morristown Ln Costa Mesa, CA 92626

Estimated Value: $896,000 - $1,002,000

3 Beds
2 Baths
1,320 Sq Ft
$735/Sq Ft Est. Value

Last Sold October 18, 2023

Last sale price $775,000 $587 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,181/month

34 Days on Market

Highlights

  • Spa
  • No Units Above
  • Clubhouse
  • Costa Mesa High School Rated A-
  • Open Floorplan
  • 2-minute walk to Neth Park

About This Home

As of October 2023

BACK ON MARKET! Do you believe in 2nd chances? Your search for a lovely, BUDGET-FRIENDLY 3-bedroom in Costa Mesa is over! What more could you want? This home makes a great first impression offering new Malibu Chestnut luxury vinyl plank flooring, new paint, new carpet, a remodeled kitchen, central air & a peaceful courtyard right outside your front door! This is one of the best values for a 3-bedroom in Costa Mesa! The first floor features an open layout living/dining/kitchen, private patio, multiple storage closets and a bathroom with stall shower. Upstairs the largest bedroom has a giant walk-in closet, the two secondary bedrooms overlook the beautiful courtyard, and there is also a remodeled bathroom. A giant 2-car garage is located off the patio and has plenty of room for storage plus there is a laundry closet with washer and dryer included. The parklike greenbelt outside is a wonderful place to play or take in the scenery. Other highlights include recessed lighting, ceiling fans, modern baseboards, new garage door opener and newer air conditioning. The community has 2 pools, 2 spas and a clubhouse. The monthly dues are only $332/month and include water and trash. No land lease and no Mello Roos! FHA and VA offers are welcome. Better financing available since these properties are not classified as condos! Great investment possibility too. One parking permit comes with the unit for first-come-first-serve parking in any permit spot and there is plenty of additional parking on Vanguard Way. Many residents are creating front patios for additional outdoor space with HOA approval. The Monticello Townhomes community is in the popular College Park neighborhood of Costa Mesa and adjacent to Eastside Costa Mesa. This home is conveniently located near the police and fire department as well as Vanguard University. Hop on the freeways in minutes and enjoy easy access to the airport, beaches, South Coast Plaza, Fashion Island, and more!

Last Agent to Sell the Property

Holly McDonald

Compass Newport Beach License #01892567 Listed on: 08/17/2023

Compass Newport Beach

Last Buyer's Agent

Melissa Arena

Coldwell Banker Realty License #02082911

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,994

Year Built

  • Built in 1965 | Remodeled

Lot Details

  • 1,400 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • South Facing Home

HOA Fees

  • $340 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener
  • Guest Parking
  • Parking Permit Required

Property Views

  • Park or Greenbelt
  • Neighborhood

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Planned Development
  • Slab Foundation

Interior Spaces

  • 1,320 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Plantation Shutters
  • Drapes & Rods
  • Blinds
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Vinyl Flooring

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio

Schools

  • College Park Elementary School
  • Costa Mesa Middle School
  • Costa Mesa High School

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 333
  • Tax Tract Number 5160
  • Assessor Parcel Number 41916203
  • $741 per year additional tax assessments

Community Details

Overview

  • 333 Units
  • Monticello Townhomes Association, Phone Number (714) 508-9070
  • Optimuim HOA
  • Monticello Townhomes Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,994

Year Built

Built in 1965 | Remodeled

Lot Details

0

HOA Fees

$340 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Refrigerator, washer, dryer
  • Property Attached: Yes
  • Subdivision Name Other: Monticello Townhomes (MONT)
  • View: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 41916203
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1320.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Pantry, Recessed Lighting
  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Living Room
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 587.12
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Primary Bedroom, Walk-In Pantry
  • Spa Features: Association
  • Window Features: Blinds, Double Pane Windows, Drapes, Plantation Shutters
  • Bathroom Features: Shower, Shower In Tub, Exhaust Fan(s), Remodeled
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Slab
  • View: Neighborhood, Park/Greenbelt
  • Patio And Porch Features: Patio
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door, Garage Door Opener, Guest, Permit Required
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Clubhouse, Maintenance Grounds, Trash, Water
  • Association Fee: 340.00
  • Association Fee Frequency: Monthly
  • Association Name: Monticello Townhomes
  • Phone: (714) 508-9070
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks, Suburban
  • Association Management: Optimuim

Schools

  • Elementary School: College Park
  • High School: Costa Mesa
  • Middle Or Junior School: Costa Mesa
  • Elementary School #2: COLPAR
  • High School2: COSMES

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 1400.00
  • Lot Size Acres: 0.0321

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1400.0000 Square Feet
  • Number Of Units In Community: 333
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 639.06
  • Tax Lot: 333
  • Tax Tract Number: 5160
  • TaxOtherAnnualAssessmentAmount: 741.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2023
Closed on
Sep 20, 2023
Sold by
Lashua Family Trust
Bought by
Belliveau Danielle Marie and Poillucci Brandon Scott
Seller's Agent
Holly McDonald
Compass Newport Beach
Buyer's Agent
Melissa Arena
Coldwell Banker Realty
List Price
$825,000
Sold Price
$775,000
Premium/Discount to List
-$50,000
-6.06%
Views
238
Current Estimated Value
$970,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,708
Avg. Annual Appreciation
11.73%
Original Mortgage
$620,000
Outstanding Balance
$607,240
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$363,468

Purchase Details

Closed on
Mar 15, 2018
Sold by
Lashua Andrew Paul and Lashua Kristen Grace
Bought by
Lashua Andrew and Lashua Kristen

Purchase Details

Closed on
Mar 16, 2016
Sold by
Cherney Richard J and Cherney Carol A
Bought by
Lashua Andrew Paul and Lashua Kristen Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 11, 2014
Closed on
Apr 17, 2014
Sold by
Grosskopf Lyndel
Bought by
Cherney Richard J and Cherney Carol A
Seller's Agent
Holly McDonald
Compass Newport Beach
Buyer's Agent
Holly McDonald
Compass Newport Beach
List Price
$379,900
Sold Price
$375,000
Premium/Discount to List
-$4,900
-1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%
Original Mortgage
$356,250
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2011
Sold by
Hettig Nan
Bought by
Schermerhorn Connie Lyle and Connie Lyle Schermerhorn Revocable Trust

Purchase Details

Closed on
Mar 11, 2008
Sold by
Hettig Nan
Bought by
Schermerhorn Connie Lyle and Connie Lyle Schermerhorn Revocable Trust

Purchase Details

Closed on
Jan 31, 2008
Sold by
Schermerhorn Connie Lyle
Bought by
Hettig Nan and Nan Hettig Family Trust

Purchase Details

Closed on
Nov 1, 2007
Sold by
Hettig Nan
Bought by
Schermerhorn Connie Lyle
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
Belliveau Danielle Marie $775,000 Lawyers Title Company
Lashua Andrew -- None Available
Lashua Andrew Paul $475,000 Title 365
Cherney Richard J $375,000 Title365
Schermerhorn Connie Lyle -- None Available
Schermerhorn Connie Lyle -- None Available
Hettig Nan -- None Available
Schermerhorn Connie Lyle -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belliveau Danielle Marie $620,000
Previous Owner Lashua Andrew Paul $380,000
Previous Owner Cherney Richard J $356,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2023 10/18/23 Sold $775,000 -3.1% $587 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
08/29/2023 08/29/23 Price Changed $799,900 -3.0% $606 / Sq Ft
08/17/2023 08/17/23 For Sale $825,000 +73.7% $625 / Sq Ft
05/16/2016 05/16/16 Sold $475,000 0.0% $360 / Sq Ft View Prior Sale
03/14/2016 03/14/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $475,000 +26.7% $360 / Sq Ft
05/14/2014 05/14/14 Sold $375,000 -1.3% $284 / Sq Ft View Prior Sale
04/16/2014 04/16/14 Pending -- -- --
04/11/2014 04/11/14 For Sale $379,900 -- $288 / 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 $8,994 $790,500 $715,226 $75,274
2024 $8,994 $775,000 $701,201 $73,799
2023 $6,379 $540,466 $473,182 $67,284
2022 $6,241 $529,869 $463,904 $65,965
2021 $6,104 $519,480 $454,808 $64,672
2020 $6,031 $514,154 $450,145 $64,009
2019 $5,902 $504,073 $441,319 $62,754
2018 $5,782 $494,190 $432,666 $61,524
2017 $5,685 $484,500 $424,182 $60,318
2016 $4,728 $388,325 $324,383 $63,942
2015 $4,683 $382,492 $319,510 $62,982
2014 $4,139 $148,107 $76,084 $72,023
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23154205

California Regional Multiple Listing Service (CRMLS)

APN: 419-162-03