NOT LISTED FOR SALE

1201 Letty Ln Tustin, CA 92780

Estimated Value: $1,227,000 - $1,384,000

3 Beds
2 Baths
2,045 Sq Ft
$646/Sq Ft Est. Value

Last Sold October 28, 2013

Last sale price $550,000 $269 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $7,539/month

22 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Private Yard
  • Den
  • Corner Lot
  • No HOA
  • 5-minute walk to Pine Tree Park

About This Home

As of October 2013

Single story home on a large corner lot in a good area of Tustin. Roomy open living room with slider to rear yard. Kitchen is open to Family room. Three large bedrooms and a Den that could be a fourth bedroom. Separate laundry room with plenty of storage. Two car garage with auto opener.

Last Agent to Sell the Property

Sherman Smith

Sherman Smith & Associates License #00682119 Listed on: 09/05/2013

Last Buyer's Agent

Menanur Semercian

NON-MEMBER/NBA or BTERM OFFICE License #01349302

NON-MEMBER/NBA or BTERM OFFICE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 8,276 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Private Yard
  • Back and Front Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Garage Door Opener

Home Design

  • Cosmetic Repairs Needed

Interior Spaces

  • 2,045 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Carpet

Kitchen

  • Gas Oven
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down

Additional Features

  • Exterior Lighting
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 25
  • Tax Tract Number 4494
  • Assessor Parcel Number 50013206

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 50013206
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2045.00
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 268.95
  • Room Type: All Bedrooms Down, Den, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Appliances: Disposal, Gas Oven
  • Heating Type: Forced Air
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level, Lot 6500-9999, Corner Lot, Yard
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8276.0000 Square Feet

Tax Info

  • Tax Lot: 25
  • Tax Tract Number: 4494

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2020
Sold by
Gharibian Reta
Bought by
Gharibian Vagharsh V and Gharibian Jinivia
Current Estimated Value
$1,321,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,000
Outstanding Balance
$314,603
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,006,822

Purchase Details

Closed on
Dec 19, 2019
Sold by
Gharibian Reta and Nishanian Masees E
Bought by
Gharibian Vagharsh V and Gharibian Jinivia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 5, 2013
Closed on
Oct 10, 2013
Sold by
Gharibian Vagharsh
Bought by
Gharibian Jinivia
Seller's Agent
Sherman Smith
Sherman Smith & Associates
Buyer's Agent
Menanur Semercian
NON-MEMBER/NBA or BTERM OFFICE
List Price
$585,000
Sold Price
$550,000
Premium/Discount to List
-$35,000
-5.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%
Original Mortgage
$417,100
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 5, 2013
Closed on
Sep 27, 2013
Sold by
Duffey Margaret and Trommler Renee
Bought by
Gharibian Reta and Gharibian Jinivia
Seller's Agent
Sherman Smith
Sherman Smith & Associates
Buyer's Agent
Menanur Semercian
NON-MEMBER/NBA or BTERM OFFICE
List Price
$585,000
Sold Price
$550,000
Premium/Discount to List
-$35,000
-5.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,100
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2012
Sold by
Reuther Florence
Bought by
Reuther Florence and The Florence Reuther Living Trust

Purchase Details

Closed on
Aug 3, 2011
Sold by
Philips Wilma M
Bought by
Reuther Florence K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gharibian Vagharsh V -- Ticor Title
Gharibian Vagharsh V -- Orange Coast Title Company
Gharibian Jinivia -- Fidelity National Title Oran
Gharibian Reta $550,000 Fidelity National Title
Reuther Florence -- None Available
Reuther Florence K -- First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gharibian Vagharsh V $354,000
Closed Gharibian Vagharsh V $355,000
Closed Gharibian Reta $417,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2013 10/28/13 Sold $550,000 -6.0% $269 / Sq Ft
09/27/2013 09/27/13 Pending -- -- --
09/05/2013 09/05/13 For Sale $585,000 -- $286 / 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 $7,564 $674,220 $532,354 $141,866
2024 $7,564 $661,000 $521,915 $139,085
2023 $7,382 $648,040 $511,682 $136,358
2022 $7,273 $635,334 $501,649 $133,685
2021 $7,128 $622,877 $491,813 $131,064
2020 $7,091 $616,491 $486,770 $129,721
2019 $6,917 $604,403 $477,225 $127,178
2018 $6,805 $592,552 $467,867 $124,685
2017 $6,687 $580,934 $458,693 $122,241
2016 $6,568 $569,544 $449,699 $119,845
2015 $6,620 $560,989 $442,944 $118,045
2014 $6,451 $550,000 $434,267 $115,733
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Sherman Smith

    Sherman Smith & Associates

    Section Image

  • M

    Buyer's Agent in 2013

    Menanur Semercian

    NON-MEMBER/NBA or BTERM OFFICE

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13180405

California Regional Multiple Listing Service (CRMLS)

APN: 500-132-06

California Orange County Tustin 92780

1201 Letty Ln, Tustin, CA

Not Listed for Sale

Detached

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