NOT LISTED FOR SALE

12720 Newport Ave Unit 12 Tustin, CA 92780

Estimated Value: $730,337 - $736,000

2 Beds
2.5 Baths
1,260 Sq Ft
$276/mo HOA Fee

Last Sold September 04, 2015

Last sale price $427,500 $339 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,649/month

44 Days on Market

Highlights

  • No Units Above
  • Gated Community
  • Traditional Architecture
  • Two Primary Bedrooms
  • Open Floorplan
  • Cathedral Ceiling

About This Home

As of September 2015

*Nicely updated condo in a gated community of only 20 homes*Located close to the freeways for easy commuting and within walking distance to many stores, parks and schools*Interior unit with 2-car attached garage, private patio and balcony*This home boasts a bright and open floor plan with plenty of windows for tons of natural light, vaulted ceilings, newer windows, sliders, paint and flooring throughout*Downstairs is a large living room with a brick fireplace, open concept dining area, kitchen with granite counters, stainless steel appliances and breakfast bar, remodeled half bathroom, laundry and a cozy nook under the stairs*Upstairs you will find a loft area that's great for a home office, den or workout space*two master suites, each with their own remodeled bathroom and one with a private balcony*Outside you have a private concrete patio with brick ribbon throughout, block walls and a small grass area*

Last Agent to Sell the Property

Susan Hennebry

COMPASS License #01313642 Listed on: 08/08/2015

COMPASS

Co-Listed By

HOLLY THOMAS

REALTY ONE GROUP WEST License #01165586

Last Buyer's Agent

Sara Collins

The Collins Group Inc License #01886300

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,833

Year Built

  • Built in 1975

Lot Details

  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Block Wall Fence
  • Back Yard

HOA Fees

  • $276 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Turnkey
  • Slab Foundation
  • Interior Block Wall
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,260 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Entryway
  • Living Room with Fireplace
  • Formal Dining Room
  • Loft
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Home Security

Outdoor Features

  • Balcony
  • Brick Porch or Patio

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 8702
  • Assessor Parcel Number 93408012

Community Details

Overview

  • 20 Units
  • Cascades HOA, Phone Number (562) 869-4261

Amenities

  • Laundry Facilities

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,833

Year Built

Built in 1975

Lot Details

0

HOA Fees

$276 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Tustin Townhomes I (TT1)
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93408012
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1260.00
  • Interior Amenities: Balcony, Block Walls, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Open Floorplan
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Area, Separated
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 339.29
  • Room Type: All Bedrooms Up, Entry, Loft, Living Room, Master Bedroom, Two Masters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Brick, Concrete
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Direct Garage Access, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Common Area, In Closet, Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dues Paid Monthly, Trash
  • Association Fee: 276.00
  • Association Fee Frequency: Monthly
  • Association Name: Cascades HOA
  • Phone: 5628694261
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Tustin Unified

Lot Info

  • Lot Features: Back Yard

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 20
  • Number Of Units Total: 20

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 8702

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2015
Closed on
Aug 5, 2015
Sold by
Martin David K
Bought by
Ngo Kervin Thanh and Ngo Lauren Khun
Seller's Agent
Susan Hennebry
COMPASS
Buyer's Agent
Sara Collins
The Collins Group Inc
List Price
$429,800
Sold Price
$427,500
Premium/Discount to List
-$2,300
-0.54%
Current Estimated Value
$733,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,584
Avg. Annual Appreciation
5.47%
Original Mortgage
$408,310
Outstanding Balance
$320,477
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$412,607

Purchase Details

Closed on
Nov 13, 2014
Sold by
Martin David K
Bought by
Martin David K and 2012 David K Martin Revocable Inter Vivo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2012
Sold by
Martin David K
Bought by
Martin David K and The 2012 David K Martin Revocable Inter

Purchase Details

Closed on
Jan 16, 2009
Sold by
Sheahan Jaime L
Bought by
Martin David K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2005
Sold by
Campbell Ashley B
Bought by
Sheahan Jaime L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2004
Sold by
Wathen Dana L and Campbell Ashley
Bought by
Campbell Ashley B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2000
Sold by
Wyland Cheryl Ann
Bought by
Wathen Dana L and Wathen Ashley B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.08%

Purchase Details

Closed on
Jan 25, 2000
Sold by
Crum Calvin C and Crum Esther L
Bought by
Wyland Cheryl Ann and Franklyn E & Cheryl Ann Wyland Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.08%

Purchase Details

Closed on
Oct 8, 1997
Sold by
Crum Calvin C
Bought by
Crum Calvin C and Crum Esther L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,900
Interest Rate
7.44%

Purchase Details

Closed on
Oct 2, 1997
Sold by
Crum Esther L
Bought by
Crum Calvin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,900
Interest Rate
7.44%

Purchase Details

Closed on
Sep 17, 1997
Sold by
Harding Linda K
Bought by
Crum Calvin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,900
Interest Rate
7.44%

Purchase Details

Closed on
Jan 26, 1994
Sold by
Harding Linda K and Steingraber Linda K
Bought by
Harding Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.21%
Source: Public Records

Range of Values:

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Average Value
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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
Ngo Kervin Thanh $430,000 First American Title Company
Martin David K -- Wfg Title Co
Martin David K -- Wfg Title Company
Martin David K -- None Available
Martin David K $305,000 Orange Coast Title
Sheahan Jaime L $440,000 Southland Title Corporation
Campbell Ashley B -- Ticor Title Orange
Wathen Dana L $41,000 American Title Co
Wyland Cheryl Ann -- South Coast Title Company
Crum Calvin C -- --
Crum Calvin C -- South Coast Title
Crum Calvin C $144,000 South Coast Title
Harding Linda K -- Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ngo Kervin Thanh $408,310
Previous Owner Martin David K $225,000
Previous Owner Martin David K $244,000
Previous Owner Sheahan Jaime L $352,000
Previous Owner Campbell Ashley B $322,000
Previous Owner Wathen Dana L $150,000
Previous Owner Wyland Cheryl Ann $148,000
Previous Owner Crum Calvin C $114,900
Previous Owner Harding Linda K $150,000
Closed Sheahan Jaime L $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2015 09/04/15 Sold $427,500 0.0% $339 / Sq Ft
08/07/2015 08/07/15 Pending -- -- --
08/06/2015 08/06/15 Off Market $427,500 -- --
07/31/2015 07/31/15 For Sale $429,800 0.0% $341 / Sq Ft
07/02/2015 07/02/15 Pending -- -- --
06/24/2015 06/24/15 For Sale $429,800 -- $341 / 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 $5,833 $508,791 $397,507 $111,284
2024 $5,833 $498,815 $389,713 $109,102
2023 $5,689 $489,035 $382,072 $106,963
2022 $5,601 $479,447 $374,581 $104,866
2021 $5,490 $470,047 $367,237 $102,810
2020 $5,461 $465,228 $363,472 $101,756
2019 $5,330 $456,106 $356,345 $99,761
2018 $5,245 $447,163 $349,358 $97,805
2017 $5,154 $438,396 $342,508 $95,888
2016 $5,064 $429,800 $335,792 $94,008
2015 $4,009 $326,800 $225,155 $101,645
2014 $3,984 $320,399 $220,745 $99,654
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV15137571

California Regional Multiple Listing Service (CRMLS)

APN: 934-080-12