Seller's Agent in 2023
Dean O'Dell
Seven Gables Real Estate
(714) 925-9712
41 in this area
340 Total Sales
12884 Elizabeth Way Tustin, CA 92780
Estimated Value: $1,186,000 - $1,507,000
3
Beds
2
Baths
1,756
Sq Ft
$770/Sq Ft
Est. Value
Highlights
- Fireplace in Primary Bedroom
- 2 Car Attached Garage
- Laundry Room
- No HOA
- Walk-In Closet
- Central Air
About This Home
As of May 2023This charming home has been lovingly maintained & upgraded by the current owner for decades. . Located in the heart of Tustin with shopping, restaurants and award-winning Tustin schools within walking distance, welcome to 12884 Elizabeth Way. Resting on over a quarter acre lot with a welcoming, cottage style approach, a brick walking path leads to the front door entry. This property has permitted square footage of 1,756 square foot, plus enclosed patio and detached structure totaling 640 sq. feet. This floorplan boasts 3 bedrooms, a living room, dining room, and family room. Upon entering, you immediately feel the warmth of the original hardwood flooring and comfortable entertainer’s floor plan. The galley style eat-in kitchen opens to both the formal dining room on one side and the informal dining room on the other. The private master suite was part of the remodel addition and offers a walk-in closet, soaring ceilings and a lavish bathroom. The 2 secondary bedrooms and bathroom are located on the opposite side of the home & offer flex-spaces for guests and extended family. The backyard is an entertainer’s paradise with an unpermitted billiard patio room, a generous grass yard, approximate multiple patios, a raised jetted spa, she-shed, walking paths to hidden treasured spots, flourishing gardens, a shuffleboard court, putting green and a separate cottage which makes for a wonderful home office and storage room. A two-car attached garage & top Tustin schools add to the home’s appeal. This special property awaits a new owner to begin making their own memories here. Welcome home!
Last Agent to Sell the Property
Seven Gables Real Estate License #01060767 Listed on: 03/24/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,336
Year Built
- Built in 1954
Lot Details
- 0.27 Acre Lot
- Density is up to 1 Unit/Acre
Parking
- 2 Car Attached Garage
Interior Spaces
- 1,756 Sq Ft Home
- Family Room with Fireplace
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
Laundry
- Laundry Room
- Laundry in Garage
Schools
- Benson Elementary School
- Tustin High School
Utilities
- Central Air
- Air Source Heat Pump
Additional Features
- Exterior Lighting
- Suburban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 331 / 13
- Tax Tract Number 2871
- Assessor Parcel Number 50108118
- $475 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 24, 2023
Closed on
Apr 13, 2023
Sold by
Marcia M Cortese Revocable Living Trust
Bought by
Mallen Ryan Zum and Mallen Dena Zum
Seller's Agent
Dean O'Dell
Seven Gables Real Estate
Buyer's Agent
Dean O'Dell
Seven Gables Real Estate
List Price
$1,150,000
Sold Price
$1,087,500
Premium/Discount to List
-$62,500
-5.43%
Views
53
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,957
Avg. Annual Appreciation
9.39%
Original Mortgage
$870,000
Outstanding Balance
$844,555
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$507,902
Purchase Details
Closed on
Feb 28, 2018
Sold by
Cortese Marcia M
Bought by
Cortese Marcia M and The Marcia M Cortese Revocable Living Tr
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 16, 2018
Sold by
Cortese Marcia M and Sheya Marcia M
Bought by
Cortese Marcia M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 27, 2001
Sold by
Bissada Adel H
Bought by
Cortese James R and Sheya Marcia M
Purchase Details
Closed on
Nov 3, 2000
Sold by
Fishburn Edwin A and Fishburn Blondell L
Bought by
Bissada Adel H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,900
Interest Rate
7.54%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mallen Ryan Zum | $1,087,500 | Chicago Title Company | |
| Cortese Marcia M | -- | None Available | |
| Cortese Marcia M | -- | Equity Title Co | |
| Cortese Marcia M | -- | Equity Title Co | |
| Cortese James R | $280,000 | Chicago Title Co | |
| Bissada Adel H | $251,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mallen Ryan Zum | $870,000 | |
| Previous Owner | Cortese Marcia M | $400,000 | |
| Previous Owner | Bissada Adel H | $225,900 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/12/2023 05/12/23 | Sold | $1,087,500 | -5.4% | $619 / Sq Ft |
| 04/07/2023 04/07/23 | Pending | -- | -- | -- |
| 03/24/2023 03/24/23 | For Sale | $1,150,000 | -- | $655 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $12,336 | $1,131,435 | $983,456 | $147,979 |
| 2024 | $12,336 | $1,109,250 | $964,172 | $145,078 |
| 2023 | $2,471 | $192,595 | $27,703 | $164,892 |
| 2022 | $2,421 | $188,819 | $27,160 | $161,659 |
| 2021 | $2,374 | $185,117 | $26,627 | $158,490 |
| 2020 | $2,360 | $183,219 | $26,354 | $156,865 |
| 2019 | $2,309 | $179,627 | $25,837 | $153,790 |
| 2018 | $2,273 | $176,105 | $25,330 | $150,775 |
| 2017 | $2,234 | $172,652 | $24,833 | $147,819 |
| 2016 | $2,196 | $169,267 | $24,346 | $144,921 |
| 2015 | $2,283 | $166,725 | $23,980 | $142,745 |
| 2014 | $2,228 | $163,460 | $23,511 | $139,949 |
Source: Public Records
Agents Affiliated with this Home
-
Dean O'Dell
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23046440
APN: 501-081-18
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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