NOT LISTED FOR SALE

12612 Newport Ave Unit 3 Tustin, CA 92780

Estimated Value: $702,000 - $763,000

2 Beds
2.5 Baths
1,273 Sq Ft
$200/mo HOA Fee

Last Sold July 25, 2016

Last sale price $435,000 $342 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,575/month

32 Days on Market

Highlights

  • No Units Above
  • Cathedral Ceiling
  • L-Shaped Dining Room
  • Two Primary Bedrooms
  • Granite Countertops
  • 2 Car Direct Access Garage

About This Home

As of July 2016

Nestled in a small enclave of 5 condominiums in North Tustin is this wonderful home for a young family or adults sharing the same home. Featuring 2 bedrooms with their own private full baths. Numerous upgrades include a kitchen remodel with granite counters and inset lighting, all windows were replaced with double pane glass and a new energy efficient Navien tankless water heater was recently installed. Relax in the cottage quaint backyard with a glass of wine or a children's tea party. Located in the Tustin Unified School District and just minutes away from the terrific shops and restaurants of Old Town Tustin. This is an end unit with no one above or below and has direct access from the 2 car garage. CC& R's Require Owner Occupancy.

Last Agent to Sell the Property

Richard Kato, CCIM, CFP

KW College Park License #00775573 Listed on: 05/06/2016

KW College Park

Last Buyer's Agent

Ruth Porter

Port Realty License #00518493

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,717

Year Built

  • Built in 1980

Lot Details

  • No Units Above
  • End Unit
  • No Units Located Below
  • 1 Common Wall
  • Backyard Sprinklers

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener

Interior Spaces

  • 1,273 Sq Ft Home
  • Wired For Sound
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Family Room with Fireplace
  • L-Shaped Dining Room
  • Storage

Kitchen

  • Gas Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Double Master Bedroom

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • High-Efficiency Water Heater

Community Details

  • 5 Units

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10828
  • Assessor Parcel Number 93104403

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,717

Year Built

Built in 1980

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Play House, Surround Sound Speakers
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93104403
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1273.00
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Recessed Lighting, Storage, Wired for Sound
  • Entry Location: Ground Level
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Ell
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 341.71
  • Room Type: All Bedrooms Up, Two Masters
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Concrete, Patio
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Door Opener, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Oven, Gas Range, High Efficiency Water Heater, Microwave
  • Heating Type: Central, Fireplace(s), Natural Gas
  • Laundry Features: In Garage
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 200.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Tustin Unified

Lot Info

  • Land Lease: No
  • Lot Features: Paved, Sprinklers In Rear

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 5
  • Number Of Units Total: 5

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 10828

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2016
Closed on
Jun 9, 2016
Sold by
Ibbetson Mark and Ibbetson Teresa
Bought by
Smith Roxanne
Seller's Agent
Richard Kato, CCIM, CFP
KW College Park
Buyer's Agent
Ruth Porter
Port Realty
List Price
$441,000
Sold Price
$435,000
Premium/Discount to List
-$6,000
-1.36%
Total Days on Market
32
Current Estimated Value
$734,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,694
Avg. Annual Appreciation
7.00%
Original Mortgage
$391,500
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2013
Sold by
Ibbetson Mark and Ibbetson Teresa
Bought by
Ibbetson Mark and Ibbetson Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2007
Sold by
Ibbetson Mark A and Ibbetson Teresa M
Bought by
Ibbetson Mark and Ibbetson Teresa

Purchase Details

Closed on
Feb 26, 2003
Sold by
Hetthuis Ed
Bought by
Heethuis Kasey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,800
Interest Rate
5.93%

Purchase Details

Closed on
Jan 21, 2003
Sold by
Dawson Robert W and Dawson Bette Jo
Bought by
Ibbetson Mark A and Ibbetson Teresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,800
Interest Rate
5.93%

Purchase Details

Closed on
Jun 20, 1996
Sold by
Dawson Robert W and Dawson Bette Jo
Bought by
Dawson Robert W and Dawson Bette Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
8.25%

Purchase Details

Closed on
May 28, 1996
Sold by
Federal National Mortgage Association
Bought by
Dawson Robert and Dawson Bette Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
8.25%

Purchase Details

Closed on
Mar 8, 1996
Sold by
Bossio Ronald D
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 15, 1995
Sold by
Bossio Ronald D
Bought by
Best Western Mtg Corp
Source: Public Records

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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
Smith Roxanne $435,000 Fidelity National Title
Ibbetson Mark -- Accommodation
Ibbetson Mark -- Title365 Company
Ibbetson Mark -- None Available
Heethuis Kasey -- Fidelity National Title Co
Ibbetson Mark A $272,000 Fidelity National Title Co
Dawson Robert W -- --
Dawson Robert $125,500 Orange Coast Title
Federal National Mortgage Association $144,000 Benefit Land Title Ins Co
Best Western Mtg Corp -- American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Roxanne $384,000
Previous Owner Smith Roxanne $391,500
Previous Owner Ibbetson Mark $271,000
Previous Owner Ibbetson Mark A $62,200
Previous Owner Ibbetson Mark A $69,000
Previous Owner Ibbetson Mark A $263,800
Previous Owner Dawson Robert $95,000
Closed Ibbetson Mark A $8,160
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2016 07/25/16 Sold $435,000 -1.4% $342 / Sq Ft
06/07/2016 06/07/16 Pending -- -- --
05/06/2016 05/06/16 For Sale $441,000 -- $346 / 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 $5,717 $494,953 $380,180 $114,773
2023 $5,574 $485,249 $372,726 $112,523
2022 $5,486 $475,735 $365,418 $110,317
2021 $5,376 $466,407 $358,253 $108,154
2020 $5,347 $461,625 $354,579 $107,046
2019 $5,218 $452,574 $347,626 $104,948
2018 $5,133 $443,700 $340,809 $102,891
2017 $5,043 $435,000 $334,126 $100,874
2016 $3,947 $332,777 $210,662 $122,115
2015 $4,020 $327,779 $207,498 $120,281
2014 $3,919 $321,359 $203,434 $117,925
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG16097031

California Regional Multiple Listing Service (CRMLS)

APN: 931-044-03