12622 Elizabeth Way Tustin, CA 92780
Estimated Value: $1,088,000 - $1,291,000
3
Beds
2
Baths
1,384
Sq Ft
$879/Sq Ft
Est. Value
Highlights
- Saltwater Pool
- Main Floor Bedroom
- Neighborhood Views
- Solar Power System
- No HOA
- 2 Car Attached Garage
About This Home
As of November 2018This single story Tustin home is truly a must see! It has a beautiful sparkling salt water pool and spa and outdoor firepit that is perfect for entertaining and enjoying all year round. There is still plenty of room in the backyard too, as this is an oversized lot. The home has solar which is owned and paid off so the new owner will be able to benefit from this and enjoy low electric bills in the $15 a month range even with the pool, spa and air conditioning. There also have been some recent upgrades such as a new kitchen with granite counter tops and a large island, a remodeled bathroom, double pane windows and enviroblinds which are motorized blinds that are sound proof and can cause complete blackout if necessary. This home has other incredible features too including hardwood floors, French doors, newer baseboard, a retractable awning, recessed lighting and a fireplace. The city of Tustin has so much to offer and great shopping and dining are close by including The District, Old Town Tustin and The Tustin Market Place. There is also great freeway access as this home is close to the 55, 5 and 22 freeways.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,724
Year Built
- Built in 1956
Lot Details
- 8,520 Sq Ft Lot
- Back and Front Yard
Parking
- 2 Car Attached Garage
Interior Spaces
- 1,384 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Neighborhood Views
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Pool
- Saltwater Pool
- Spa
Additional Features
- Solar Power System
- Exterior Lighting
- Central Air
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 15
- Tax Tract Number 2825
- Assessor Parcel Number 50101137
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 19, 2018
Closed on
Nov 8, 2018
Sold by
Beshoff Margaret
Bought by
Potter Louis Francis
Seller's Agent
Andy Youngmark
Compass
Buyer's Agent
Bonnie Gausewitz
Seven Gables Real Estate
List Price
$727,500
Sold Price
$704,000
Premium/Discount to List
-$23,500
-3.23%
Total Days on Market
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$512,555
Avg. Annual Appreciation
9.00%
Original Mortgage
$691,248
Interest Rate
5.5%
Mortgage Type
FHA
Purchase Details
Listed on
Sep 19, 2018
Closed on
Nov 2, 2018
Sold by
Sruinath Arun
Bought by
Potter Louis Francis
Seller's Agent
Andy Youngmark
Compass
Buyer's Agent
Bonnie Gausewitz
Seven Gables Real Estate
List Price
$727,500
Sold Price
$704,000
Premium/Discount to List
-$23,500
-3.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$691,248
Interest Rate
5.5%
Mortgage Type
FHA
Purchase Details
Listed on
Sep 22, 2016
Closed on
Nov 7, 2016
Sold by
Machado Eduardo C and Machado Kathleen Garcia
Bought by
Srinath Arun and Srinath Padma
Seller's Agent
Sue Mitchell
Sur West Homes
Buyer's Agent
Linda Spears
Re/Max Premier Realty
List Price
$719,000
Sold Price
$695,000
Premium/Discount to List
-$24,000
-3.34%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.67%
Original Mortgage
$417,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Dec 30, 2013
Sold by
Machado Eduardo C and Machado Kathleen Garcia
Bought by
Machado Revocable 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
$437,250
Interest Rate
4.17%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 9, 2009
Sold by
Machado Eduardo C and Machado Kathleen Garcia
Bought by
Machado Eduardo C and Machado Kathleen Garcia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,619
Interest Rate
5.11%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 10, 2004
Sold by
Machado Eduardo C
Bought by
Machado Eduardo C and Machado Kathleen Garcia
Purchase Details
Closed on
Feb 21, 2002
Sold by
Machado Kathleen G
Bought by
Machado Edurado C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Interest Rate
7.04%
Purchase Details
Closed on
Feb 1, 2002
Sold by
Xilikakis Minos E and Xilikakis Denise K
Bought by
Machado Eduardo C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Interest Rate
7.04%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Potter Louis Francis | -- | Ticor Title Co | |
| Potter Louis Francis | $704,000 | Ticor Title Co | |
| Srinath Arun | $695,000 | First American Title Company | |
| Machado Revocable Living Trust | -- | First American Title Company | |
| Machado Eduardo C | -- | None Available | |
| Machado Eduardo C | -- | None Available | |
| Machado Eduardo C | -- | -- | |
| Machado Edurado C | -- | Chicago Title Co | |
| Machado Eduardo C | $315,000 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Potter Louis Francis | $680,000 | |
| Closed | Potter Louis Francis | $691,248 | |
| Previous Owner | Srinath Arun | $417,000 | |
| Previous Owner | Srinath Arun | $417,000 | |
| Previous Owner | Machado Eduardo C | $485,500 | |
| Previous Owner | Machado Revocable Living Trust | $437,250 | |
| Previous Owner | Machado Eduardo C | $275,619 | |
| Previous Owner | Machado Eduardo C | $247,863 | |
| Previous Owner | Machado Eduardo C | $226,599 | |
| Previous Owner | Machado Eduardo C | $100,000 | |
| Previous Owner | Machado Eduardo C | $60,000 | |
| Previous Owner | Machado Eduardo C | $305,293 | |
| Previous Owner | Machado Eduardo C | $300,700 | |
| Previous Owner | Machado Eduardo C | $299,250 | |
| Previous Owner | Xilikakis Minos E | $36,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/19/2018 11/19/18 | Sold | $704,000 | +0.7% | $509 / Sq Ft |
| 11/08/2018 11/08/18 | Price Changed | $699,000 | -3.9% | $505 / Sq Ft |
| 10/22/2018 10/22/18 | Price Changed | $727,500 | +4.1% | $526 / Sq Ft |
| 10/20/2018 10/20/18 | Price Changed | $699,000 | -3.9% | $505 / Sq Ft |
| 10/01/2018 10/01/18 | Pending | -- | -- | -- |
| 09/19/2018 09/19/18 | For Sale | $727,500 | +4.7% | $526 / Sq Ft |
| 12/15/2016 12/15/16 | Sold | $695,000 | -0.6% | $502 / Sq Ft |
| 11/05/2016 11/05/16 | Pending | -- | -- | -- |
| 10/15/2016 10/15/16 | Price Changed | $699,000 | -2.8% | $505 / Sq Ft |
| 09/22/2016 09/22/16 | For Sale | $719,000 | -- | $520 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,724 | $769,925 | $653,663 | $116,262 |
| 2023 | $8,516 | $754,829 | $640,846 | $113,983 |
| 2022 | $8,393 | $740,029 | $628,280 | $111,749 |
| 2021 | $8,225 | $725,519 | $615,961 | $109,558 |
| 2020 | $8,183 | $718,080 | $609,645 | $108,435 |
| 2019 | $7,980 | $704,000 | $597,691 | $106,309 |
| 2018 | $7,975 | $708,900 | $615,572 | $93,328 |
| 2017 | $7,910 | $695,000 | $603,501 | $91,499 |
| 2016 | $4,996 | $430,151 | $315,104 | $115,047 |
| 2015 | $5,060 | $423,690 | $310,371 | $113,319 |
| 2014 | $4,931 | $415,391 | $304,291 | $111,100 |
Source: Public Records
Agents Affiliated with this Home
-
Andy Youngmark
A
Seller's Agent in 2018
Andy Youngmark
Compass
(714) 469-6238
67 Total Sales
-
Ryan Salios
R
Seller Co-Listing Agent in 2018
Ryan Salios
Compass
(714) 469-6238
18 Total Sales
-
Bonnie Gausewitz
B
Buyer's Agent in 2018
Bonnie Gausewitz
Seven Gables Real Estate
(714) 731-3777
2 in this area
49 Total Sales
-
Sue Mitchell
Seller's Agent in 2016
Sue Mitchell
Sur West Homes
(949) 444-4590
11 in this area
103 Total Sales
-
Linda Spears
Buyer's Agent in 2016
Linda Spears
RE/MAX
(949) 466-5587
6 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC18228799
APN: 501-011-37
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