NOT LISTED FOR SALE

12720 Newport Ave Unit 15 Tustin, CA 92780

Estimated Value: $713,000 - $977,000

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

Last Sold March 11, 2016

Last sale price $428,000 $340 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $4,932/month

79 Days on Market

Highlights

  • No Units Above
  • Cathedral Ceiling
  • Concrete Porch or Patio
  • Two Primary Bedrooms
  • Eat-In Kitchen
  • Laundry Room

About This Home

As of March 2016

Beautiful Tustin townhome located North of Irvine Boulevard on Newport Avenue. Two upper level bedrooms each with its own private bath. Living room with high vaulted ceilings and dining room look out to private fenced back yard. 1/2 bath downstairs. Two car attached garage plus one exterior parking space. The unit is air conditioned and there is direct access from garage inside home. Laundry hookups are located in garage. Included in price: refrigerator, dishwasher, stove, microwave oven.

Last Agent to Sell the Property

Steven Leverett

Newport Beach Real Estate License #00941644 Listed on: 10/30/2015

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,736

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 Garage
  • Parking Available
  • Front Facing Garage
  • Parking Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,260 Sq Ft Home
  • Cathedral Ceiling
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Concrete Porch or Patio
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Community Details

  • 19 Units

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 8702
  • Assessor Parcel Number 93408015

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,736

Year Built

Built in 1975

Lot Details

0

HOA Fees

$276 per month

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: Stove, washer, dryer, refrigerator, microwave
  • Property Attached: Yes
  • Subdivision Name Other: Cascades
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93408015
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1260.00
  • Interior Amenities: Cathedral Ceiling(s)
  • Entry Location: Ground Level
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Fireplace Features: Gas Starter, Living Room
  • Levels: Two
  • Price Per Square Foot: 339.68
  • Room Type: All Bedrooms Up, Living Room, Two Masters

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Garage Faces Front, Parking Space
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • 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
  • Senior Community: No
  • Community Features: Gutters

Schools

  • School District: Tustin Unified

Lot Info

  • Lot Features: Back Yard

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 19
  • Number Of Units Total: 19

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 8702

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2015
Closed on
Jan 20, 2016
Sold by
Mccune Roberts Brandi
Bought by
Masters Kristin and Mercado Juan Carlos Cadena
Seller's Agent
Steven Leverett
Newport Beach Real Estate
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$439,000
Sold Price
$428,000
Premium/Discount to List
-$11,000
-2.51%
Current Estimated Value
$787,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,259
Avg. Annual Appreciation
6.55%
Original Mortgage
$406,600
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2012
Closed on
Jan 5, 2012
Sold by
Mccune Roberts Brandi
Bought by
Mccune Roberts Brandi and Brandi Mccune Roberts Living Trust
Seller's Agent
Steven Leverett
Newport Beach Real Estate
Buyer's Agent
Steven Leverett
Newport Beach Real Estate
Sold Price
$2,150

Purchase Details

Closed on
Oct 26, 2011
Sold by
Segovia Richard Odin and Cabuto Adriana
Bought by
Mccune Roberts Brandi

Purchase Details

Closed on
May 24, 2006
Sold by
Tasser Christian and Tasser Eunice Lee
Bought by
Segovia Richard Odin and Cabuto Adriana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,400
Interest Rate
7.69%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 28, 2004
Sold by
Simjee Sohail I
Bought by
Tasser Christian and Tasser Eunice Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2004
Sold by
Hurl James and Hurl Susan Kay
Bought by
Simjee Sohail I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,600
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 1998
Sold by
Webb Stephen A and Andrew Stephen
Bought by
Hurl James and Hurl Susan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,615
Interest Rate
7%
Mortgage Type
VA
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
Masters Kristin $428,000 Chicago Title Company
Mccune Roberts Brandi -- None Available
Mccune Roberts Brandi $230,000 Advantage Title
Segovia Richard Odin $508,000 Southland Title
Tasser Christian $460,000 First Southwestern Title Com
Simjee Sohail I $312,000 Equity Title Company
Hurl James $175,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Masters Kristin $406,600
Previous Owner Segovia Richard Odin $406,400
Previous Owner Tasser Christian $360,000
Previous Owner Simjee Sohail I $249,600
Previous Owner Hurl James $175,615
Closed Tasser Christian $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2016 03/11/16 Sold $428,000 -2.5% $340 / Sq Ft
01/17/2016 01/17/16 Pending -- -- --
10/30/2015 10/30/15 For Sale $439,000 0.0% $348 / Sq Ft
01/29/2012 01/29/12 Rented $2,150 -6.5% --
01/25/2012 01/25/12 Under Contract -- -- --
01/17/2012 01/17/12 For Rent $2,300 -- --
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 $5,736 $506,660 $404,782 $101,878
2024 $5,736 $496,726 $396,845 $99,881
2023 $5,593 $486,987 $389,064 $97,923
2022 $5,504 $477,439 $381,436 $96,003
2021 $5,394 $468,078 $373,957 $94,121
2020 $5,365 $463,279 $370,123 $93,156
2019 $5,235 $454,196 $362,866 $91,330
2018 $5,150 $445,291 $355,751 $89,540
2017 $5,060 $436,560 $348,775 $87,785
2016 $3,070 $244,038 $156,194 $87,844
2015 $3,151 $240,373 $153,848 $86,525
2014 $3,075 $235,665 $150,834 $84,831
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15236834

California Regional Multiple Listing Service (CRMLS)

APN: 934-080-15