NOT LISTED FOR SALE

14554 Newport Ave Unit 3 Tustin, CA 92780

Estimated Value: $731,000 - $955,000

3 Beds
2.5 Baths
1,450 Sq Ft
$198/mo HOA Fee

Last Sold December 09, 2013

Last sale price $345,000 $238 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $5,020/month

142 Days on Market

Highlights

  • Neighborhood Views
  • Eat-In Kitchen
  • Living Room
  • 2 Car Attached Garage
  • Walk-In Closet
  • Forced Air Heating and Cooling System

About This Home

As of December 2013

Light and bright, open and spacious tri-level floor plan. 3 bedrooms, 2.5 baths and 2-car spacious attached garage. Kitchen opens to the living room and dining room area and there is a separate sunken family room with vaulted ceilings and and fireplace. Recessed lighting and shutters throughout. Inside laundry and central air. Spa-Like master bedroom has walk-in closet and dual sinks. Conveniently located close to Tustin Market Place, Irvine Shopping, entertainment, great schools and more! City of Tustin affordable qualification required.

Last Agent to Sell the Property

Esther Stepanian

Zutila, Inc License #00792314 Listed on: 05/29/2013

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,054

Year Built

  • Built in 2005

HOA Fees

  • $198 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor
  • Planned Development
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,450 Sq Ft Home
  • 3-Story Property
  • Family Room with Fireplace
  • Living Room
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet

Additional Features

  • Two or More Common Walls
  • Forced Air Heating and Cooling System

Community Details

  • 21 Units

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 16506
  • Assessor Parcel Number 93935617

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,054

Year Built

Built in 2005

Lot Details

0

HOA Fees

$198 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Number: 714-920-9088
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93935617
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1450.00
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Counter / Bar
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Three Or More
  • Price Per Square Foot: 237.93
  • Room Type: All Bedrooms Up, Family Room, Living Room, Walk-In Closet

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Heating Type: Forced Air
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 198.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Tustin Unified

Lot Info

  • Lot Features: Planned Unit Development

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 21
  • Number Of Units Total: 21

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 16506

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2013
Closed on
Dec 2, 2013
Sold by
Tustin Housing Authority
Bought by
Lam Kevin and Lam Christina
Seller's Agent
Esther Stepanian
Zutila, Inc
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$365,000
Sold Price
$345,000
Premium/Discount to List
-$20,000
-5.48%
Current Estimated Value
$826,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$481,920
Avg. Annual Appreciation
7.66%
Original Mortgage
$248,000
Outstanding Balance
$184,408
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$642,512

Purchase Details

Listed on
May 29, 2013
Closed on
Nov 19, 2013
Sold by
City Of Tustin
Bought by
Tustin Housing Authority
Seller's Agent
Esther Stepanian
Zutila, Inc
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$365,000
Sold Price
$345,000
Premium/Discount to List
-$20,000
-5.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Outstanding Balance
$184,408
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$642,512

Purchase Details

Closed on
May 24, 2011
Sold by
Tran Julian Phuc
Bought by
Vu Ashley Thuc Hinh

Purchase Details

Closed on
May 16, 2011
Sold by
Vu Ashley and Vu Ninh Thuc
Bought by
Tustin Community Redevelopment Agency

Purchase Details

Closed on
Sep 23, 2005
Sold by
Olson 737 Tustin 63 Llc
Bought by
Vu Ashley and Vu Ninh Thuc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,740
Interest Rate
6.36%
Mortgage Type
New Conventional
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
Lam Kevin $360,000 California Title Company
Tustin Housing Authority -- California Title Company
Vu Ashley Thuc Hinh -- First American Title Insuran
Vu Ninh Thuc -- First American Title Insuran
Tustin Community Redevelopment Agency -- First American Title Insuran
Vu Ashley $377,000 Fidelity National Title Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Kevin $248,000
Previous Owner Vu Ashley $362,740
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2013 12/09/13 Sold $345,000 -5.5% $238 / Sq Ft
10/18/2013 10/18/13 Pending -- -- --
05/29/2013 05/29/13 For Sale $365,000 -- $252 / 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 $5,054 $441,305 $211,583 $229,722
2024 $5,054 $432,652 $207,434 $225,218
2023 $4,925 $424,169 $203,367 $220,802
2022 $4,845 $415,852 $199,379 $216,473
2021 $4,749 $407,699 $195,470 $212,229
2020 $4,723 $403,519 $193,466 $210,053
2019 $4,610 $395,607 $189,672 $205,935
2018 $4,535 $387,850 $185,952 $201,898
2017 $4,456 $380,246 $182,306 $197,940
2016 $4,377 $372,791 $178,732 $194,059
2015 $4,446 $367,192 $176,047 $191,145
2014 $4,334 $360,000 $172,599 $187,401
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13101333

California Regional Multiple Listing Service (CRMLS)

APN: 939-356-17