Seller's Agent in 2017
Paula Rayburn
Pavilion Properties
(949) 463-8974
1 in this area
5 Total Sales
131 Albert Place Costa Mesa, CA 92627
Eastside Costa Mesa Neighborhood
6
Beds
4
Baths
2,500
Sq Ft
10,019
Sq Ft Lot
About This Home
As of August 2017HUGE PRICE REDUCTION! Great Opportunity for this Eastside Costa Mesa Triplex. This 10,000+ square foot lot is zoned R-2 Medium Density and may be eligible for City of Costa Mesa Residential Small Lot Subdivision. Wonderful opportunity for owner-occupant, investor and/or developer. Front single family house is a 3 Bedroom/2 bath. The rear duplex has a 1 bedroom/1bath and a 2 bedroom/1bath. Both rear units have HUGE yards! All units have a private one car garage plus additional off street parking. Great long term tenants with low rents. The amazing property is just a short distance from South Coast Plaza, Orange Coast College, Orange County Fair grounds, the beach and multiple freeways for easy access to work and play!
Last Agent to Sell the Property
Pavilion Properties License #00882686 Listed on: 05/01/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Lot Details
- 10,019 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 3 Car Garage
Home Design
- 2,500 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 27
- Tax Tract Number 114
- Assessor Parcel Number 42605304
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- 2 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,280
- Insurance Expense $3,000
- Maintenance Expense $8,500
- Pest Control $375
- Professional Management Expense $2,700
- Water Sewer Expense $800
- Gross Income $55,200
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 1, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$997,300
Interest Rate
0.028%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 8, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Interest Rate
0.031%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 9, 2018
Sold by
Bought by
Purchase Details
Listed on
May 1, 2017
Closed on
Aug 8, 2017
Sold by
Bought by
Seller's Agent
Paula Rayburn
Pavilion Properties
Buyer's Agent
Ryan Edwards
Keller Williams Realty
List Price
$1,299,000
Sold Price
$1,010,000
Premium/Discount to List
-$289,000
-22.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,012
Interest Rate
0.0396%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 28, 2015
Sold by
Bought by
Purchase Details
Closed on
Dec 17, 2003
Sold by
Bought by
Purchase Details
Closed on
Jun 2, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
0.0476%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 18, 2002
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| $1,575,000 | Lawyers Title | ||
| -- | None Available | ||
| $1,010,000 | North American Title Co | ||
| -- | None Available | ||
| -- | -- | ||
| -- | Diversified Title Company | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $997,300 | ||
| Previous Owner | $999,999 | ||
| Previous Owner | $640,012 | ||
| Previous Owner | $200,000 | ||
| Previous Owner | $205,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/30/2017 08/30/17 | Sold | $1,010,000 | -15.5% | $404 / Sq Ft |
| 07/10/2017 07/10/17 | Price Changed | $1,195,000 | -8.0% | $478 / Sq Ft |
| 05/01/2017 05/01/17 | For Sale | $1,299,000 | -- | $520 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $19,477 | $1,798,346 | $1,565,282 | $233,064 |
| 2024 | $19,477 | $1,638,630 | $1,534,590 | $104,040 |
| 2023 | $18,889 | $1,606,500 | $1,504,500 | $102,000 |
| 2022 | $18,420 | $1,575,000 | $1,475,000 | $100,000 |
| 2021 | $12,852 | $1,061,690 | $998,610 | $63,080 |
| 2020 | $12,686 | $1,050,804 | $988,370 | $62,434 |
| 2019 | $12,406 | $1,030,200 | $968,990 | $61,210 |
| 2018 | $12,154 | $1,010,000 | $949,990 | $60,010 |
| 2017 | $7,334 | $551,171 | $476,726 | $74,445 |
| 2016 | $7,191 | $540,364 | $467,378 | $72,986 |
| 2015 | $7,124 | $532,248 | $460,358 | $71,890 |
| 2014 | $6,974 | $521,822 | $451,340 | $70,482 |
Source: Public Records
Agents Affiliated with this Home
-
Paula Rayburn
-
Ryan Edwards
Buyer's Agent in 2017
Ryan Edwards
Keller Williams Realty
(714) 336-5234
84 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP17096386
APN: 426-053-04
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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