NOT LISTED FOR SALE

12700 Newport Ave Unit 16 Tustin, CA 92780

Estimated Value: $645,000 - $709,000

2 Beds
2 Baths
1,241 Sq Ft
$542/mo HOA Fee

Last Sold November 07, 2023

Last sale price $505,000 $407 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,622/month

19 Days on Market

Highlights

  • Gated Community
  • Clubhouse
  • Private Yard
  • Midcentury Modern Architecture
  • Main Floor Bedroom
  • Community Pool

About This Home

As of November 2023

Sometimes it is a Diamond in the Rough. Other times it is just a Rough Diamond. This home has location, community, Layout, large backyard patio, extra space - ALL going for it!!! Condition, well... this property has had THE SAME OCCUPANT in it for around 40 years, and it is ready for a little love and attention. Most of the remodeled properties in this desired Tustin Verdes community are significantly higher prices. This allows the right buyer to come in and purchase a home that needs updated kitchen, baths, flooring, etc. to add value and increase the value of their investment. Desirable floor plan with Primary Bedroom and attached Primary bath as well as a second bedroom and bath, large kitchen and living room as well as a storage area that is unusual for this area. Great location close to pool and greenbelt area with front walkway/strada leading through the community. While there is not an inside laundry room, there is one attached to the same building - very close nearby. Trash area is also just a short distance away. Excellent Tustin location close to schools - Foothill High School, and shopping very close nearby.

Last Agent to Sell the Property

Brett Wyland

Coldwell Banker Realty License #01083782 Listed on: 09/15/2023

Coldwell Banker Realty

Last Buyer's Agent

Brett Wyland

Coldwell Banker Realty License #01083782 Listed on: 09/15/2023

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,899

Year Built

  • Built in 1969

Lot Details

  • Property fronts a private road
  • No Units Located Below
  • Two or More Common Walls
  • Southwest Facing Home
  • Fenced
  • Fence is in average condition
  • Private Yard
  • Back Yard

HOA Fees

  • $542 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway Level

Home Design

  • Midcentury Modern Architecture
  • Traditional Architecture
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Major Repairs Completed
  • Fixer Upper
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,241 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Carpet
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Range Hood
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Home Security

Schools

  • Benson Elementary School
  • Hewes Middle School
  • Foothill High School

Additional Features

  • No Interior Steps
  • Exterior Lighting
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 7919
  • Assessor Parcel Number 93271016
  • $471 per year additional tax assessments

Community Details

Overview

  • 56 Units
  • Tustin Villas Association, Phone Number (949) 346-9999
  • Pro Actie Professional Mgmt HOA
  • Tustin Verdes Subdivision
  • Maintained Community

Amenities

  • Clubhouse
  • Meeting Room
  • Laundry Facilities

Recreation

  • Community Pool

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,899

Year Built

Built in 1969

Lot Details

0

HOA Fees

$542 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Tustin Verdes (TUSV)
  • View: No
  • Architectural Style: Mid Century Modern, Traditional
  • Property Condition: Fixer, Repairs Cosmetic, Repairs Major
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93271016
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1241.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls, No One Below
  • Flooring: Carpet
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 406.93
  • Room Type: All Bedrooms Down, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Direction Faces: Southwest
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway Level, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Range Hood
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Clubhouse, Meeting Room, Gas, Maintenance Grounds, Trash, Water
  • Association Fee: 542.00
  • Association Fee Frequency: Monthly
  • Association Name: Tustin Villas
  • Phone: 949-346-9999
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights, Suburban
  • Association Management: Pro Actie Professional Mgmt

Schools

  • Elementary School: Benson
  • High School: Foothill
  • Middle Or Junior School: Hewes
  • Elementary School #2: BENSON
  • High School2: FOOTHI2

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Back Yard, Level with Street, Yard
  • Latitude Manual: 33.75208000

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 56
  • Number Of Units Total: 54

Tax Info

  • Tax Census Tract: 756.03
  • Tax Lot: 1
  • Tax Tract Number: 7919
  • TaxOtherAnnualAssessmentAmount: 471.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Oct 19, 2023
Sold by
Mary J Wilson Revocable Living Trust
Bought by
Ewa Capital Llc
Seller's Agent
Brett Wyland
Coldwell Banker Realty
Buyer's Agent
Brett Wyland
Coldwell Banker Realty
List Price
$540,000
Sold Price
$505,000
Premium/Discount to List
-$35,000
-6.48%
Views
349
Current Estimated Value
$685,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,501
Avg. Annual Appreciation
16.78%
Original Mortgage
$476,200
Interest Rate
7.19%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Ewa Capital Llc $505,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ewa Capital Llc $476,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2023 11/07/23 Sold $505,000 -2.7% $407 / Sq Ft
10/04/2023 10/04/23 Pending -- -- --
10/02/2023 10/02/23 Price Changed $519,000 -3.9% $418 / Sq Ft
09/15/2023 09/15/23 For Sale $540,000 -- $435 / 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 $5,899 $680,000 $523,070 $156,930
2024 $5,899 $505,000 $416,825 $88,175
2023 $1,095 $56,476 $19,235 $37,241
2022 $1,063 $55,369 $18,858 $36,511
2021 $1,047 $54,284 $18,488 $35,796
2020 $1,040 $53,728 $18,299 $35,429
2019 $1,025 $52,675 $17,940 $34,735
2018 $1,011 $51,643 $17,589 $34,054
2017 $997 $50,631 $17,244 $33,387
2016 $983 $49,639 $16,906 $32,733
2015 $1,081 $48,894 $16,652 $32,242
2014 $1,060 $47,937 $16,326 $31,611
Source: Public Records

Agents Affiliated with this Home

  • Brett Wyland

    Seller's Agent in 2023

    Brett Wyland

    Coldwell Banker Realty

    (714) 325-1436

    7 in this area

    70 Total Sales

    Brett Wyland
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23173435

California Regional Multiple Listing Service (CRMLS)

APN: 932-710-16

California Orange County Tustin 92780

12700 Newport Ave Unit 16, Tustin, CA

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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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