NOT LISTED FOR SALE

12700 Newport Ave Unit 31 Tustin, CA 92780

Estimated Value: $644,000 - $705,000

2 Beds
2 Baths
1,196 Sq Ft
$571/Sq Ft Est. Value

Last Sold July 22, 2021

Last sale price $519,000 $434 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,356/month

About This Home

As of July 2021

UPGRADED SECOND-FLOOR UNIT WITH 2 BEDROOMS AND 2 BATHS IN THE GATED COMMUNITY OF TUSTIN VERDES! Step inside to newly remodeled interior space. Once you step inside the unit, will immediately notice how nicely upgraded the inside is, with the wood flooring throughout and recess lighting. The living room is spacious and includes a fireplace, perfect to cozy up to on those cold evenings. Windows throughout to let plenty of natural light in. The upgraded kitchen includes stainless steel appliances, a wrap-around countertop, dishwasher, and is situated where you can look out to your outdoor balcony space. Separate dining area, that can open up to the outdoor balcony space, which is perfect when entertaining guests. Laundry is located inside the unit. Total 2 bedrooms and 2 baths. The master bedroom includes its own master bathroom that is upgraded with modern finishes. Detached 2-car garage. Conveniently located near many restaurants, shops, markets and easy access to the 5 or 55 freeways. Sorry No Pets at this time allowed.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2022
Sold by
Eric Morgan
Bought by
Eric B Morgan Revocable Trust
Current Estimated Value
$682,747

Purchase Details

Listed on
Apr 26, 2021
Closed on
Jun 15, 2021
Sold by
Lee Andrew
Bought by
Morgan Eric
Seller's Agent
Kelly Boulger
First Team Real Estate
Buyer's Agent
Brett Wyland
Coldwell Banker Realty
List Price
$530,000
Sold Price
$519,000
Premium/Discount to List
-$11,000
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%
Original Mortgage
$441,150
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2020
Sold by
Boustani Nicolette
Bought by
Boustani Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2020
Sold by
Boustani Monique R
Bought by
Boustani Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2020
Sold by
Boustani Joseph
Bought by
Lee Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2013
Sold by
Lee Andrew and Sulema Andrew
Bought by
Lee Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,900
Interest Rate
3.48%
Mortgage Type
VA

Purchase Details

Closed on
Mar 5, 2010
Sold by
Briggs Jacob D and Briggs Brooke E
Bought by
Suleman Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,230
Interest Rate
4.91%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 19, 2004
Sold by
Barry John and Barry Lorrieun
Bought by
Briggs Jacob D and Briggs Brooke E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6.27%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 7, 1997
Sold by
Blackwell Lois L
Bought by
Barry John and Barry Lorrieun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,150
Interest Rate
7.91%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Eric B Morgan Revocable Trust -- None Listed On Document
Morgan Eric $519,000 First Amer Ttl Co Res Div
Boustani Joseph -- Chicago Title Company
Boustani Joseph -- Chicago Title
Lee Andrew -- Chicago Title Company
Lee Andrew -- Lawyers Title La
Suleman Andrew $219,000 Lawyers Title
Briggs Jacob D $365,000 California Title
Barry John $110,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morgan Eric $441,150
Previous Owner Boustani Joseph $330,000
Previous Owner Lee Andrew $213,900
Previous Owner Suleman Andrew $37,230
Previous Owner Suleman Andrew $175,200
Previous Owner Briggs Jacob D $354,300
Previous Owner Briggs Jacob D $50,000
Previous Owner Briggs Jacob D $292,000
Previous Owner Barry John $155,000
Previous Owner Barry John $135,000
Previous Owner Barry John $35,000
Previous Owner Barry John P $20,000
Previous Owner Barry John $107,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Rented $2,500 0.0% --
09/18/2021 09/18/21 Off Market $2,500 -- --
09/16/2021 09/16/21 For Rent $2,500 0.0% --
07/22/2021 07/22/21 Sold $519,000 -2.1% $419 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $530,000 -- $427 / Sq Ft

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 $6,271 $539,967 $459,387 $80,580
2023 $6,117 $529,380 $450,380 $79,000
2022 $6,024 $519,000 $441,549 $77,451
2021 $3,257 $261,156 $178,864 $82,292
2020 $3,240 $258,479 $177,030 $81,449
2019 $3,167 $253,411 $173,559 $79,852
2018 $3,117 $248,443 $170,156 $78,287
2017 $3,065 $243,572 $166,820 $76,752
2016 $3,013 $238,797 $163,549 $75,248
2015 $3,095 $235,211 $161,093 $74,118
2014 $3,020 $230,604 $157,937 $72,667
Source: Public Records

Agents Affiliated with this Home

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