$385,000
SOLD AUG 9, 2022

1192 Mitchell Ave Unit 77 Tustin, CA 92780

2 Beds
2 Baths
875 Sq Ft
$375/mo HOA Fee

Recently Sold

$440 Per Sq Ft

3% Above List Price

5 Days on Market

Highlights

  • No Units Above
  • Property is near a park
  • Living Room with Attached Deck
  • Open Floorplan
  • Wood Flooring
  • High Ceiling

About This Home

As of November 2022

GREAT DEAL! INVESTOR SPECIAL! End Unit, Top floor, 2 bedroom 2 bath condo PRICED WELL BELOW COMPS. Features include: vaulted ceilings, open living/dining room area, ceiling fans, light and bright, a large patio deck entry area, gas range, a kitchen with lots of storage, tiled bathroom floors and an assigned carport beneath the deck as well as guest parking. Storage cupboard in carport. The Villa Vallerto condo complex has a playground, pool/clubhouse and upgraded community laundry. Easy access to 5 & 55 fwys. GREAT LOCATION AND VALUE! Villa Vallerto is a fabulous condo community located within minutes of shopping, restaurants, services, and freeway access. Residents enjoy Villa Vallerto because of the amenities, views, and nearby hiking & biking trails, beaches, Disneyland, and Tustin Sports Park. WOULD MAKE AN EXCELLENT RENTAL PROPERTY OR FIRST TIME BUYER HOME. Rental comps look to be between $2100 and $2300 – Buyer to do own due diligence on rental rates. Model match floor plan just sold at $410,000 (See 1192 Mitchell #7) Slightly larger floor plan in escrow with a list price of $620,000 (See 1192 Mitchell #8). Property to be sold As-Is. Property looks to be FHA eligible. This one will go fast – come see it today!

Last Agent to Sell the Property

Cathy Haney

First Team Real Estate License #01133913 Listed on: 07/20/2022

First Team Real Estate

Last Buyer's Agent

Khai Nguyen

Credent Real Estate License #01226534

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,246

Year Built

  • Built in 1969

Lot Details

  • No Units Above
  • End Unit
  • 1 Common Wall
  • Wrought Iron Fence
  • Zero Lot Line

HOA Fees

  • $375 Monthly HOA Fees

Home Design

  • Fixer Upper
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 875 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Window Screens
  • Sliding Doors
  • Panel Doors
  • Family Room Off Kitchen
  • Living Room with Attached Deck
  • Storage
  • Laundry Room
  • Neighborhood Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Home Security

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Parking Storage or Cabinetry
  • Parking Available
  • Guest Parking
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park
  • Suburban Location

Schools

  • Sycamore Middle School
  • Tustin High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 7943
  • Assessor Parcel Number 93358077
  • $466 per year additional tax assessments

Community Details

Overview

  • 118 Units
  • Villa Vallerto HOA, Phone Number (949) 385-6461
  • Dove Mgt HOA
  • Tustin Village Subdivision
  • Maintained Community

Amenities

  • Laundry Facilities

Recreation

  • Community Playground
  • Community Pool

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,246

Year Built

Built in 1969

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Tustin Village (TV)
  • View: Yes
  • Property Condition: Fixer
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93358077
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 875.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), High Ceilings, Living Room Deck Attached, Open Floorplan, Storage
  • Stories: 1
  • Common Walls: 1 Common Wall, End Unit, No One Above
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Panel Doors, Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 440.00
  • Room Type: Family Room, Kitchen, Master Bathroom, Master Bedroom
  • Window Features: Blinds, Screens
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Exhaust Fan(s), Linen Closet/Storage, Walk-In Shower
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Lighting, Rain Gutters
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wrought Iron
  • Patio And Porch Features: Deck
  • Pool Features: Association, Community
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Wood Siding

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Built-In Storage, Carport, Covered, Guest, On Site, Parking Space
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Water Heater
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Playground, Maintenance Grounds, Trash
  • Association Fee: 375.00
  • Association Fee Frequency: Monthly
  • Association Name: Villa Vallerto HOA
  • Phone: 949-385-6461
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban
  • Association Management: Dove Mgt

Schools

  • School District: Tustin Unified
  • Middle School: Sycamore
  • High School: Tustin
  • High School: Tustin
  • Middle Or Junior School: Sycamore
  • High School2: TUSTIN

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby, Zero Lot Line

Multi Family

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

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
Sep 23, 2022
Closed on
Nov 21, 2022
Sold by
Nguyen Kenny Khai and Son Bich
Bought by
Thawornjaroen And Preechatiwong Living Trust
Seller's Agent
Khai Nguyen
Credent Real Estate
Buyer's Agent
Caleb Nasseri
Mantra Realty Inc.
List Price
$445,000
Sold Price
$435,000
Premium/Discount to List
-$10,000
-2.25%
Views
77
Current Estimated Value
$522,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,385
Avg. Annual Appreciation
7.64%
Original Mortgage
$326,250
Outstanding Balance
$317,536
Interest Rate
6.61%
Estimated Equity
$208,110

Purchase Details

Listed on
Jul 20, 2022
Closed on
Jul 27, 2022
Sold by
Stevens Revocable Inter-Vivos Trust
Bought by
Nguyen Kenny Khai and Nguyen Son Bich
Seller's Agent
Cathy Haney
First Team Real Estate
Buyer's Agent
Khai Nguyen
Credent Real Estate
List Price
$375,000
Sold Price
$385,000
Premium/Discount to List
$10,000
2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.36%

Purchase Details

Closed on
Feb 10, 2022
Sold by
Stevens Curtis E
Bought by
Inter-Vivostrust Stevens Revocable
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $435,000 Lawyers Title
Grant Deed $385,000 Lawyers Title
Grant Deed -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $326,250 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2022 11/22/22 Sold $435,000 -2.2% $497 / Sq Ft
10/27/2022 10/27/22 For Sale $445,000 +2.3% $509 / Sq Ft
10/25/2022 10/25/22 Off Market $435,000 -- --
10/04/2022 10/04/22 Price Changed $445,000 -3.7% $509 / Sq Ft
09/23/2022 09/23/22 For Sale $462,000 +20.0% $528 / Sq Ft
08/09/2022 08/09/22 Sold $385,000 0.0% $440 / Sq Ft
07/26/2022 07/26/22 Off Market $385,000 -- --
07/25/2022 07/25/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $375,000 -- $429 / 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
2024 $5,246 $443,700 $381,942 $61,758
2023 $5,115 $435,000 $374,452 $60,548
2022 $1,122 $60,828 $16,127 $44,701
2021 $1,104 $59,636 $15,811 $43,825
2020 $1,097 $59,025 $15,649 $43,376
2019 $1,080 $57,868 $15,342 $42,526
2018 $1,066 $56,734 $15,041 $41,693
2017 $1,050 $55,622 $14,746 $40,876
2016 $1,035 $54,532 $14,457 $40,075
2015 $1,133 $53,713 $14,239 $39,474
2014 $1,111 $52,661 $13,960 $38,701
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22158118

California Regional Multiple Listing Service (CRMLS)

APN: 933-580-77