$695,000
SOLD DEC 15, 2016

12622 Elizabeth Way Tustin, CA 92780

3 Beds
2 Baths
1,384 Sq Ft
8,520 Sq Ft Lot

Recently Sold

$502 Per Sq Ft

3% Below List Price

44 Days on Market

Highlights

  • Saltwater Pool
  • Granite Countertops
  • No HOA
  • Wood Flooring
  • Private Yard
  • Cottage

About This Home

As of November 2018

A charming 1956 cottage with a generous front and back yard has kept its originality with oak hardwood floors throughout and a warm, inviting fireplace. The home has a totally renovated kitchen with granite counters, an island big enough to seat 4, recessed lighting and stainless appliances. Many additional features like dining area builtins and custom pullout storage within the cabinetry to maximize space and functionality. The resort style yard features a stacked stone pool and elevated spa with spillway feature. There is ample room for entertainment with well thought out hardscape patio space and the retractable awning to take full advantage of days and evenings spent in the yard. The secondary bathroom was recently renovated with a marble counter, beautifully tiled shower and floors and a dual vanity. A fully finished garage with epoxy floor, white builtin cabinetry and and recessed lighting. Walk to Benson Elementary and prime accessibility to everything within the Tustin community.12622 Elizabeth Way is not to be missed!

Last Agent to Sell the Property

Sue Mitchell

Sur West Homes License #01110196 Listed on: 09/22/2016

Last Buyer's Agent

Linda Spears

Re/Max Premier Realty License #00958522

Re/Max Premier Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,724

Year Built

  • Built in 1956 | Remodeled

Lot Details

  • 8,520 Sq Ft Lot
  • Lot Dimensions are 60x142
  • Level Lot
  • Sprinkler System
  • Private Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Cottage
  • Raised Foundation
  • Clapboard
  • Stucco

Interior Spaces

  • 1,384 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Home Security System
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Pool

  • Saltwater Pool
  • Spa

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • 220 Volts For Spa
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 2585
  • Assessor Parcel Number 50101137

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,724

Year Built

Built in 1956 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Security System
  • View: No
  • Architectural Style: Cottage
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 50101137
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1384.00 Square Feet
  • Interior Amenities: Granite Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Counter / Bar, In Kitchen
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 502.17
  • Room Type: All Bedrooms Down, Master Bedroom
  • Spa Features: Private

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Patio And Porch Features: Concrete, Patio
  • Pool Features: Private, Salt Water
  • Pool Private: Yes
  • Spa: Yes
  • Construction Materials: Clapboard, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range
  • Electric: 220 Volts For Spa
  • Heating Type: Central
  • Laundry Features: In Closet, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Tustin Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Lot 6500-9999, Sprinkler System, Yard
  • Lot Size: 60x142
  • Lot Size Sq Ft: 8520.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 756.03
  • Tax Lot: 15
  • Tax Tract Number: 2585

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%
Current Estimated Value
$1,332,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$628,468
Avg. Annual Appreciation
8.87%
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%
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 -- Ticor Title Co
Grant Deed $704,000 Ticor Title Co
Grant Deed $695,000 First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Chicago Title Co
Grant Deed $315,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $680,000 New Conventional
Closed $691,248 FHA
Previous Owner $417,000 Adjustable Rate Mortgage/ARM
Previous Owner $417,000 Adjustable Rate Mortgage/ARM
Previous Owner $485,500 New Conventional
Previous Owner $437,250 New Conventional
Previous Owner $275,619 New Conventional
Previous Owner $247,863 Credit Line Revolving
Previous Owner $226,599 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $60,000 Credit Line Revolving
Previous Owner $305,293 Unknown
Previous Owner $300,700 Unknown
Previous Owner $299,250 No Value Available
Previous Owner $36,000 Stand Alone Second
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

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 $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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16708587

California Regional Multiple Listing Service (CRMLS)

APN: 501-011-37