NOT LISTED FOR SALE

138 N B St Tustin, CA 92780

Estimated Value: $738,643 - $1,140,000

2 Beds
1 Bath
1,100 Sq Ft
$907/Sq Ft Est. Value

Last Sold June 03, 2015

Last sale price $565,000 $514 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $5,447/month

5 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Property is near a park
  • No HOA
  • Foothill High School Rated A
  • Bonus Room
  • 2-minute walk to Peppertree Park

About This Home

As of June 2015

Featured on the Old Town Tustin Home Tour, this charming 1922 California Bungalow offers the ideals of a bygone era and an opportunity to live life one step slower than the rest. Old Town Tustin benefits from one of the most walkable lifestyles in OC, and this home is just steps away from summer concerts in the park, the Organic Farmer's market, the bakery and excellent restaurants. Enjoy this historical neighborhood and save thousands with the significant property tax savings offered by this Mills Act property. Pass a lazy afternoon reading under the shade of the avocado tree in the backyard or spend a summer evening sitting in the front porch swing, chatting with neighbors and watching the world go by. Prepare a meal for friends in the stylishly upgraded kitchen that pays homage to the past with Shaker-style white cabinets and marble countertops while integrating modern conveniences such as stainless steel appliances and recessed lighting. Natural light streams through windows, highlighting the gleaming original wood flooring and giving the home a pleasant sense of airiness. A large bonus room surrounded by windows is perfect for casual entertaining and offers great views of the backyard and playhouse. Central A/C. Copper plumbing. No HOA or Mello Roos.

Last Agent to Sell the Property

Markus Brown

First Team Real Estate License #01441782 Listed on: 02/08/2015

First Team Real Estate

Last Buyer's Agent

Suzanne Harrison

Seven Gables Real Estate License #01469272

Seven Gables Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,715

Year Built

  • Built in 1922

Lot Details

  • 6,098

Parking

  • 1 Car Garage

Interior Spaces

  • 1,100 Sq Ft Home
  • Living Room with Fireplace
  • Bonus Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 1 Full Bathroom

Additional Features

  • 6,098 Sq Ft Lot
  • Property is near a park
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 338
  • Assessor Parcel Number 40152320

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,715

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 40152320
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1100.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 513.64
  • Room Type: All Bedrooms Down, Bonus Room, Main Floor Bedroom, Main Floor Master Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6098.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 338

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2021
Sold by
Dim Jennifer Lipking and Lipking Jennifer
Bought by
Dim Jennifer Lipking and The Jennifer Lipking Dimas Tru
Current Estimated Value
$997,411

Purchase Details

Closed on
Feb 19, 2015
Sold by
Mcgee Kevin Christopher and Mcgee Sarah Elizabeth
Bought by
Lipking Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2011
Sold by
Pollock William Douglas and Pollock April Delene
Bought by
Mcgee Kevin Christopher and Mcgee Sarah Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,595
Interest Rate
4.46%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 15, 1999
Sold by
Kevin Morbee and Kevin Colene
Bought by
Pollock William Douglas and Pollock April Delene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,320
Interest Rate
7.96%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 27, 1995
Sold by
Primrose Ila Mae
Bought by
Morbee Kevin and Morbee Colene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,650
Interest Rate
7.25%
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
Dim Jennifer Lipking -- None Available
Lipking Jennifer $565,000 Western Resources Title Comm
Mcgee Kevin Christopher $424,500 First American Title Company
Pollock William Douglas $198,000 First Southwestern Title Co
Morbee Kevin $136,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lipking Jennifer $2,100,000
Previous Owner Mcgee Kevin Christopher $413,595
Previous Owner Pollock William Douglas $196,320
Previous Owner Morbee Kevin $129,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2015 06/03/15 Sold $565,000 0.0% $514 / Sq Ft
02/13/2015 02/13/15 Pending -- -- --
02/08/2015 02/08/15 For Sale $565,000 -- $514 / 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 $2,715 $222,175 $155,522 $66,653
2024 $2,715 $205,528 $143,870 $61,658
2023 $2,804 $217,006 $151,904 $65,102
2022 $3,172 $252,077 $176,454 $75,623
2021 $3,089 $244,972 $171,480 $73,492
2020 $2,782 $215,464 $150,825 $64,639
2019 $2,685 $207,812 $145,468 $62,344
2018 $2,671 $206,297 $144,408 $61,889
2017 $2,660 $205,411 $143,788 $61,623
2016 $2,138 $156,899 $109,829 $47,070
2015 $1,989 $132,519 $92,763 $39,756
2014 $1,913 $127,073 $88,951 $38,122
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15027674

California Regional Multiple Listing Service (CRMLS)

APN: 401-523-20