NOT LISTED FOR SALE

14232 Lambeth Way Tustin, CA 92780

Estimated Value: $1,250,000 - $1,397,000

3 Beds
2 Baths
1,513 Sq Ft
$865/Sq Ft Est. Value

Last Sold December 28, 2022

Last sale price $940,000 $621 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $7,809/month

10 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Forced Air Heating System
  • Guin Foss Elementary School Rated A-
  • Laundry Room
  • Wood Fence

About This Home

As of December 2022

A near blank canvas awaits you… this single story, 1513 square foot diamond in the rough is situated on a premium interior tract location in a highly desirable area of Tustin, with convenient shopping, dining and entertainment nearby… with a huge, 10,800 square foot lot, this three bedroom, two bath property offers a visionary buyer a rare opportunity nearly extinct in 2022 Orange County… built in 1958, the home features a large front yard, huge back yard and 9’ RV access is available down both sides of the house… also, a six foot vinyl fence encompasses both the back and right side property lines… with no HOA restrictions inhibiting you, you can allow your imagination to run wild with hardscape, landscape and structural upgrade ideas… the all original kitchen adjoins a casual eating area that makes for very easy access meal preparation and presentation… around the corner, the living room features an expansive view of the back yard with numerous citrus and ever-green trees, while the attached, oversize, two-car garage has a direct access door to the kitchen area… Orange County’s housing inventory still remains abnormally low, so don’t miss out on this one, come see us and make an offer!

Last Agent to Sell the Property

Jeff Moon

Hanu Reddy Realty License #01146714 Listed on: 11/14/2022

Co-Listed By

Connie Naylor

Hanu Reddy Realty License #00569433

Last Buyer's Agent

Maryam Amiri

Redfin License #01804754

Redfin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,660

Year Built

  • Built in 1958

Lot Details

  • 10,824 Sq Ft Lot
  • Vinyl Fence
  • Wood Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,513 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 2550
  • Assessor Parcel Number 40143307
  • $471 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,660

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Refrigerator
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 40143307
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1513.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 621.28
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Vinyl, Wood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Tustin Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10824.00
  • Lot Size Acres: 0.2485

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10824.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 757.02
  • Tax Lot: 2
  • Tax Tract Number: 2550
  • TaxOtherAnnualAssessmentAmount: 471.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2022
Closed on
Nov 30, 2022
Sold by
Ann C Waimrin Revocable Trust
Bought by
Yakout Jimmy Ahmed and Yakout Samantha Ford
Seller's Agent
Jeff Moon
Hanu Reddy Realty
Buyer's Agent
Maryam Amiri
Redfin
List Price
$900,000
Sold Price
$940,000
Premium/Discount to List
$40,000
4.44%
Views
28
Current Estimated Value
$1,309,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,283
Avg. Annual Appreciation
12.52%
Original Mortgage
$752,000
Outstanding Balance
$727,991
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$581,292

Purchase Details

Closed on
Sep 30, 2013
Sold by
Waimrin Ann C
Bought by
Waimrin Ann C and Ann C Waimrin Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
2.93%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jul 8, 2002
Sold by
Waimrin Ann C
Bought by
Waimrin Ann C and The Ann C Waimrin Revocable Trust

Purchase Details

Closed on
Nov 5, 1998
Sold by
Waimrin Ann C
Bought by
Waimrin Ann C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.54%
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
Yakout Jimmy Ahmed $940,000 Chicago Title
Waimrin Ann C -- Placer Title Company
Waimrin Ann C -- --
Waimrin Ann C -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yakout Jimmy Ahmed $752,000
Previous Owner Waimrin Ann C $840,000
Previous Owner Waimrin Ann C $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2022 12/28/22 Sold $940,000 +4.4% $621 / Sq Ft
11/27/2022 11/27/22 For Sale $900,000 -4.3% $595 / Sq Ft
11/25/2022 11/25/22 Off Market $940,000 -- --
11/25/2022 11/25/22 Pending -- -- --
11/14/2022 11/14/22 For Sale $900,000 -- $595 / 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 $10,660 $977,976 $875,883 $102,093
2024 $10,660 $958,800 $858,708 $100,092
2023 $10,483 $940,000 $841,870 $98,130
2022 $1,364 $90,034 $37,471 $52,563
2021 $1,339 $88,269 $36,736 $51,533
2020 $1,330 $87,364 $36,359 $51,005
2019 $1,306 $85,651 $35,646 $50,005
2018 $1,286 $83,972 $34,947 $49,025
2017 $1,265 $82,326 $34,262 $48,064
2016 $1,245 $80,712 $33,590 $47,122
2015 $1,340 $79,500 $33,085 $46,415
2014 $1,310 $77,943 $32,437 $45,506
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22227858

California Regional Multiple Listing Service (CRMLS)

APN: 401-433-07