NOT LISTED FOR SALE

1501 Melvin Way Tustin, CA 92780

Estimated Value: $697,000 - $1,432,000

2 Beds
1 Bath
931 Sq Ft
$1,132/Sq Ft Est. Value

About This Home

This home is located at 1501 Melvin Way, Tustin, CA 92780 and is currently estimated at $1,054,245, approximately $1,132 per square foot. 1501 Melvin Way is a home located in Orange County with nearby schools including Red Hill Elementary School, C. E. Utt Middle School, and Tustin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2014
Sold by
Quinonez Sara B
Bought by
Bustos Gersain
Current Estimated Value
$1,054,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Outstanding Balance
$196,489
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$857,756

Purchase Details

Closed on
Oct 30, 2006
Sold by
Quinonez Sara B
Bought by
Quinonez Sara B and The Sara Quinonez Family Trust

Purchase Details

Closed on
Mar 30, 2006
Sold by
Quinonez Sara B and Quinones Sara B
Bought by
Quinonez Sara B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,750
Interest Rate
1.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 2006
Sold by
Bustos Gersain
Bought by
Quinones Sara B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,750
Interest Rate
1.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2004
Sold by
Quintero Josefina
Bought by
Bustos Gersain

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2004
Sold by
Aranas Eddie P and Aranas Yvonne
Bought by
Bustos Gersain

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 1999
Sold by
Smith Ralph F and Smith Louise B
Bought by
Aranas Eddie P and Aranas Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,800
Interest Rate
9.75%

Purchase Details

Closed on
May 6, 1994
Sold by
Smith Ralph F and Smith Louise B
Bought by
Smith Ralph F and Smith Louise B
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Bustos Gersain $430,000 Wfg Title Company
Quinonez Sara B -- None Available
Quinonez Sara B -- Alliance Title Company
Quinones Sara B $650,000 Alliance Title Company
Bustos Gersain -- First Southwestern Title Co
Bustos Gersain $425,000 First Southwestern Title Co
Aranas Eddie P $168,000 Fidelity National Title Ins
Smith Ralph F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bustos Gersain $258,000
Previous Owner Quinonez Sara B $438,750
Previous Owner Quinones Sara B $428,000
Previous Owner Bustos Gersain $297,500
Previous Owner Aranas Eddie P $142,800
Closed Aranas Eddie P $16,800
Source: Public Records

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 $5,921 $516,790 $389,166 $127,624
2024 $5,921 $506,657 $381,535 $125,122
2023 $5,775 $496,723 $374,054 $122,669
2022 $5,686 $486,984 $366,720 $120,264
2021 $5,573 $477,436 $359,530 $117,906
2020 $5,544 $472,541 $355,843 $116,698
2019 $5,411 $463,276 $348,866 $114,410
2018 $5,324 $454,193 $342,026 $112,167
2017 $5,232 $445,288 $335,320 $109,968
2016 $5,140 $436,557 $328,745 $107,812
2015 $5,204 $430,000 $323,807 $106,193
2014 $5,340 $446,490 $340,236 $106,254
Source: Public Records

Map

California Orange County Tustin 92780

1501 Melvin Way, Tustin, CA

This home is located at 1501 Melvin Way, Tustin, CA 92780 and is currently estimated at $1,054,245, approximately $1,132 per square foot. 1501 Melvin Way is a home located in Orange County with nearby schools including Red Hill Elementary School, C. E. Utt Middle School, and Tustin High School.

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.

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