NOT LISTED FOR SALE

1192 Mitchell Ave Unit 7 Tustin, CA 92780

Estimated Value: $515,000 - $540,000

2 Beds
2 Baths
875 Sq Ft
$350/ mo HOA Fee

Last Sold April 11, 2022

Last sale price $410,000 $469 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,574/month

27 Days on Market

Highlights

  • In Ground Pool
  • Cathedral Ceiling
  • Pool View
  • Clubhouse
  • End Unit
  • Community Playground

About This Home

As of April 2022

End Unit, Top floor, 2 bedroom 2 bath condo with pool view. Features include: Cathedral vaulted ceilings, open living/dining room area. Light and bright. Large patio deck entry area, dual kitchen sink, tiled kitchen and bathroom floors, tub in one bath, shower in the other, assigned carport beneath the deck, guest parking. Storage unit in carport. Villa Vallerto condo complex has playground, pool/clubhouse and upgraded community laundry. Homeowners Association is in the process of repairing and painting stucco, carports and exteriors. Easy access to 5 & 55 fwys. Between Red Hill and Newport. GREAT LOCATION AND VALUE! Zero Down VA financing available for qualifying veterans. Villa Vallerto is a fabulous 118 unit condo community located within minutes of shopping, restaurants, services, and freeway access in Tustin, California. Residents enjoy Villa Vallerto because of the amenities, views, and nearby hiking & biking trails, beaches, Disneyland, and Tustin Sports Park.

Last Agent to Sell the Property

Roger Chandler

BOWERS REALTY & PRPRTY MNGMNT License #01093719 Listed on: 02/13/2022

Last Buyer's Agent

Jon Herz

Pentimento Properties, Inc. License #01330406

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1969

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $350 Monthly HOA Fees

Interior Spaces

  • 875 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Pool Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating
  • Sewer Paid

Additional Features

  • In Ground Pool
  • Suburban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 7943
  • Assessor Parcel Number 93358007
  • $466 per year additional tax assessments

Community Details

Overview

  • 118 Units
  • Villa Vallerto Association, Phone Number (949) 385-6461

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1969

Lot Details

0 Sq Ft Lot

HOA Fees

$350 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: villa Vallerto
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93358007
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 875.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s)
  • Stories: 1
  • Common Walls: 1 Common Wall, End Unit
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 468.57
  • Room Type: All Bedrooms Down, Kitchen

Exterior Features

  • View: Pool
  • Pool Features: Association, Community, In Ground
  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Phone Extension: 2
  • Amenities: Pool, Playground, Clubhouse
  • Association Fee: 350.00
  • Association Fee Frequency: Monthly
  • Association Name: Villa Vallerto
  • Phone: 949-385-6461
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Suburban
  • Association Management: Villa Vallerto

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 118
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 755.12
  • Tax Lot: 1
  • Tax Tract Number: 7943
  • TaxOtherAnnualAssessmentAmount: 466.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2022
Closed on
Mar 23, 2022
Sold by
Nobuo Kusumi
Bought by
Herz Jonathan Eric and Herz Jo-Ann
Seller's Agent
Roger Chandler
BOWERS REALTY & PRPRTY MNGMNT
Buyer's Agent
Jon Herz
Pentimento Properties, Inc.
List Price
$399,950
Sold Price
$410,000
Premium/Discount to List
$10,050
2.51%
Current Estimated Value
$525,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,442
Avg. Annual Appreciation
6.48%
Original Mortgage
$307,500
Outstanding Balance
$288,070
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$237,372

Purchase Details

Listed on
Feb 13, 2022
Closed on
Mar 15, 2022
Sold by
Burton Herz
Bought by
Herz Jo-Ann
Seller's Agent
Roger Chandler
BOWERS REALTY & PRPRTY MNGMNT
Buyer's Agent
Jon Herz
Pentimento Properties, Inc.
List Price
$399,950
Sold Price
$410,000
Premium/Discount to List
$10,050
2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Outstanding Balance
$288,070
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$237,372

Purchase Details

Closed on
Aug 14, 2002
Sold by
Wolfe Allan S and Wolfe Betty
Bought by
Kusumi Nobuo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,700
Interest Rate
6.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Herz Jonathan Eric $410,000 Fidelity National Title
Herz Jo-Ann -- Fidelity National Title
Kusumi Nobuo $156,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herz Jonathan Eric $307,500
Closed Herz Jo-Ann $307,500
Previous Owner Kusumi Nobuo $124,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2022 04/11/22 Sold $410,000 +2.5% $469 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $399,950 -2.5% $457 / Sq Ft
03/09/2022 03/09/22 Off Market $410,000 -- --
03/08/2022 03/08/22 For Sale $399,950 -2.5% $457 / Sq Ft
03/07/2022 03/07/22 Off Market $410,000 -- --
02/25/2022 02/25/22 For Sale $399,950 -2.5% $457 / Sq Ft
02/24/2022 02/24/22 Off Market $410,000 -- --
02/13/2022 02/13/22 For Sale $399,950 -- $457 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,989 $435,095 $370,843 $64,252
2024 $4,989 $426,564 $363,571 $62,993
2023 $4,936 $418,200 $356,442 $61,758
2022 $2,672 $212,761 $143,844 $68,917
2021 $2,621 $208,590 $141,024 $67,566
2020 $2,606 $206,452 $139,578 $66,874
2019 $2,548 $202,404 $136,841 $65,563
2018 $2,507 $198,436 $134,158 $64,278
2017 $2,465 $194,546 $131,528 $63,018
2016 $2,422 $190,732 $128,949 $61,783
2015 $2,508 $187,868 $127,013 $60,855
2014 $2,096 $151,462 $95,777 $55,685
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Roger Chandler

    BOWERS REALTY & PRPRTY MNGMNT

    (760) 383-1293

    1 in this area

    16 Total Sales

    Roger Chandler
    Section Image
  • Jon Herz

    Buyer's Agent in 2022

    Jon Herz

    Pentimento Properties, Inc.

    (310) 880-7569

    1 in this area

    10 Total Sales

    Jon Herz
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV22028612

California Regional Multiple Listing Service (CRMLS)

APN: 933-580-07

California Orange County Tustin 92780

1192 Mitchell Ave Unit 7, Tustin, CA

Not Listed for Sale

Condos

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