NOT LISTED FOR SALE

1151 Tiki Ln Tustin, CA 92780

Estimated Value: $1,348,000 - $1,463,155

3 Beds
2 Baths
2,045 Sq Ft
$692/Sq Ft Est. Value

Last Sold April 19, 2021

Last sale price $1,030,000 $504 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $8,713/month

6 Days on Market

Highlights

  • Granite Countertops
  • No HOA
  • 2 Car Attached Garage
  • Private Yard
  • Double Door Entry
  • Eat-In Kitchen

About This Home

As of April 2021

Situated on a quaint interior loop just moments to restaurants, shopping and freeways is this beautifully maintained single-story residence boasting charm and comfort in equal measure. An enclosed, gated front patio leads to the home’s warm and inviting interior living set beyond a double-door entry. Measuring approximately 2,000 square feet, the home is fit with 3 bedrooms, 2 bathrooms, a den/office or optional 4th bedroom, as well as a designated laundry room, play/flex space and added finished storage or mudroom. Though offering modern updates, the home retains irreplicable character with its arched passages, crown molding, built-ins and multiple sets of French doors which foster an indoor-outdoor lifestyle. The spacious living room is an entertainer’s delight, nestled between the open-concept kitchen/dining area and the large backyard featuring a built-in BBQ, putting green, storage shed, and mature landscaping. Additional highlights of this turn-key abode include a master bedroom with en suite bath and backyard access, multiple ceilings fans, A/C, recessed lighting and a bright, neutral aesthetic. Centrally located with no HOA or Mello Roos, there is little left to be desired in this picturesque Tustin home.

Last Agent to Sell the Property

Michael Tsamoudakis

Compass License #01915782 Listed on: 03/10/2021

Compass

Last Buyer's Agent

Charles Huynh

Compass License #02013054

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,089

Year Built

  • Built in 1963 | Remodeled

Lot Details

  • 7,840 Sq Ft Lot
  • Private Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors
  • Driveway

Home Design

  • Composition Roof

Interior Spaces

  • 2,045 Sq Ft Home
  • Double Pane Windows
  • Double Door Entry
  • Sliding Doors
  • Great Room with Fireplace
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 4494
  • Assessor Parcel Number 50013123

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,089

Year Built

Built in 1963 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 50013123
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2045.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Double Door Entry, Sliding Doors
  • Eating Area: Area, In Kitchen
  • Fireplace Features: Great Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 503.67
  • Room Type: All Bedrooms Down, Laundry
  • Window Features: Double Pane Windows
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Tustin Unified

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Yard
  • Lot Size Sq Ft: 7840.00
  • Lot Size Acres: 0.1800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7840.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 12
  • Tax Tract Number: 4494

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2021
Closed on
Apr 9, 2021
Sold by
Denny Michele A and The Michele A Denny Liivng Tru
Bought by
Tsang Ruey Khan Kenneth and Young Jackie
Seller's Agent
Michael Tsamoudakis
Compass
Buyer's Agent
Charles Huynh
Compass
List Price
$825,000
Sold Price
$1,030,000
Premium/Discount to List
$205,000
24.85%
Current Estimated Value
$1,414,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,289
Avg. Annual Appreciation
7.73%
Original Mortgage
$792,000
Outstanding Balance
$721,247
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$703,783

Purchase Details

Closed on
Nov 4, 2019
Sold by
Denny Michele A
Bought by
Denny Michele A and The Michele A Denny Living Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,350
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2014
Sold by
Denny Michele A
Bought by
Denny Michele A and Michele A Denny Living Trust

Purchase Details

Closed on
Apr 9, 2013
Sold by
Brentwood Capital Llc
Bought by
Denny Michele A

Purchase Details

Closed on
Feb 19, 2008
Sold by
Denny Retirement Services Llc
Bought by
Brentwood Capitol Llc

Purchase Details

Closed on
Jul 30, 2007
Sold by
Denny Michelle A
Bought by
Denny Retirement Services Llc

Purchase Details

Closed on
Oct 20, 2004
Sold by
Denny Michele A
Bought by
Denny Michele A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,500
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2003
Sold by
Denny Michele A
Bought by
Denny Michele A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
6.15%

Purchase Details

Closed on
Oct 15, 2001
Sold by
Denny Michele A
Bought by
Denny Michele A and The Michele A Denny Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,750
Interest Rate
6.88%

Purchase Details

Closed on
Oct 5, 1999
Sold by
Denny Michele A
Bought by
Denny Michele A and The Michele A Denny Living Trust

Purchase Details

Closed on
Mar 4, 1994
Sold by
Murray James G
Bought by
Denny Michele A
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
Tsang Ruey Khan Kenneth $1,030,000 Lawyers Title
Denny Michele A -- Ticor Ttl Orange Cnty Branch
Denny Michele A -- Ticor Ttl Orange Cnty Branch
Denny Michele A -- None Available
Denny Michele A -- None Available
Brentwood Capitol Llc -- Accommodation
Denny Retirement Services Llc -- Accommodation
Denny Michele A -- Diversified Title & Escrow
Denny Michele A -- Orange Coast Title
Denny Michele A -- --
Denny Michele A -- Fidelity National Title Co
Denny Michele A -- Fidelity National Title Co
Denny Michele A -- --
Denny Michele A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tsang Ruey Khan Kenneth $792,000
Previous Owner Denny Michele A $484,350
Previous Owner Denny Michele $142,000
Previous Owner Denny Michele A $600,000
Previous Owner Denny Michele A $25,000
Previous Owner Denny Michele A $371,500
Previous Owner Denny Michele A $50,000
Previous Owner Denny Michele A $322,700
Previous Owner Denny Michele A $268,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2021 04/19/21 Sold $1,030,000 +11.4% $504 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
03/11/2021 03/11/21 Price Changed $925,000 +12.1% $452 / Sq Ft
03/10/2021 03/10/21 For Sale $825,000 -- $403 / 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 $12,089 $1,114,904 $972,183 $142,721
2024 $12,089 $1,093,044 $953,121 $139,923
2023 $11,806 $1,071,612 $934,432 $137,180
2022 $11,642 $1,050,600 $916,109 $134,491
2021 $1,537 $99,732 $31,289 $68,443
2020 $1,527 $98,710 $30,968 $67,742
2019 $1,500 $96,775 $30,361 $66,414
2018 $1,478 $94,878 $29,766 $65,112
2017 $1,455 $93,018 $29,182 $63,836
2016 $1,433 $91,195 $28,610 $62,585
2015 $1,527 $89,826 $28,181 $61,645
2014 $1,494 $88,067 $27,629 $60,438
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP21015951

California Regional Multiple Listing Service (CRMLS)

APN: 500-131-23