NOT LISTED FOR SALE

1502 Lance Dr Tustin, CA 92780

Estimated Value: $1,199,000 - $1,314,000

3 Beds
2 Baths
1,900 Sq Ft
$657/Sq Ft Est. Value

Last Sold February 05, 2018

Last sale price $658,000 $346 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $7,347/month

84 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Utility Sink
  • Granite Countertops
  • Double Oven
  • 2-minute walk to Pine Tree Park

About This Home

As of February 2018

Welcome to 1502 Lance Drive, a Single Level Home Located in the Heart of Tustin. This Three Bedroom, Two Bathroom Home Features Amenities Rarely Found In This Price Point: Large Living Room, Gourmet Kitchen, Family Room, and Formal Dining Room (The Third Bedroom is Currently Being Used as a Living Room). The Gourmet Kitchen Includes Island Seating, Beautiful Cabinetry, Granite Counters, and Stainless Steel Appliances. The Kitchen Opens into the Family Room which Enjoys a Cozy Fireplace and Warm Feel. The Master Bedroom Has High Ceilings and a Large Attached Master Bath. The Master Bathroom Includes a Bathtub and Separate Shower. Enjoy Access to Backyard From the Dining Room and Family Room. The Private Backyard Features Multiple Seating Areas & Beautiful Roses. Two Car Garage and Laundry Room. Just a Short Walk to Local Parks & Minutes Away from the Tustin Market Place and 5 and 55 Freeways. No HOA or Mello-Roos. Don't Miss Out on 1502 Lance Drive!

Last Agent to Sell the Property

John Katnik

Katnik Brothers R.E. Services License #01881694 Listed on: 10/19/2017

Last Buyer's Agent

Maricarmen Fraga

Remax Anela Realty License #01502526

Remax Anela Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,414

Year Built

  • Built in 1962

Lot Details

  • 7,800 Sq Ft Lot
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Interior Spaces

  • 1,900 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Recessed Lighting
  • French Doors
  • Sliding Doors
  • Family Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Double Oven
  • Six Burner Stove
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Utility Sink

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Schools

  • Veeh Elementary School
  • Tustin High School

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 38
  • Tax Tract Number 4418
  • Assessor Parcel Number 50005103

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,414

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 50005103
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1900.00 Square Feet
  • Interior Amenities: Crown Molding, Granite Counters, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 346.32
  • Room Type: Family Room, Kitchen, Laundry, Master Bathroom, Master Bedroom
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Utility Sink

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Tustin Unified
  • Elementary School: Veeh
  • High School: Tustin
  • Elementary School: Veeh
  • High School: Tustin
  • Elementary School #2: VEEH
  • High School2: TUSTIN

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 7800.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 755.07
  • Tax Lot: 38
  • Tax Tract Number: 4418

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2021
Sold by
Castro Josus Rodriguez and Ramirez Luz M
Bought by
Castro Jesus Rodriguez and Ramirez Luz Marina
Current Estimated Value
$1,248,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Outstanding Balance
$544,331
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$704,304

Purchase Details

Closed on
Jul 29, 2019
Sold by
Rodriguez Castro Jesus and Ramirez Luz M
Bought by
Rodriguez Jesus and Ramirez Luz M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2019
Sold by
Castro Jesus Rodriguez and Ramirez Luz Marina
Bought by
Castro Jesus Rodriguez and Ramirez Luz Marina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 19, 2017
Closed on
Jan 16, 2018
Sold by
Morris Deborah
Bought by
Castro Jesus Rodriguez and Ramirez Luz Marina
Seller's Agent
John Katnik
Katnik Brothers R.E. Services
Buyer's Agent
Maricarmen Fraga
Remax Anela Realty
List Price
$685,000
Sold Price
$658,000
Premium/Discount to List
-$27,000
-3.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.70%
Original Mortgage
$636,039
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 6, 2000
Sold by
Riggs Harvey
Bought by
Morris Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
7.13%

Purchase Details

Closed on
May 12, 1994
Sold by
Menjivar Maria A and Perez Ramon
Bought by
Morris Deborah and Riggs Harvey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,550
Interest Rate
4.87%
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
Castro Jesus Rodriguez -- Pacific Coast Title Company
Castro Jesus Rodriguez -- Pacific Coast Title Company
Rodriguez Jesus -- Pacific Coast Title Company
Castro Jesus Rodriguez -- None Available
Castro Jesus Rodriguez $658,000 First American Title Co
Morris Deborah -- --
Morris Deborah $189,000 Landwood Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro Jesus Rodriguez $610,000
Closed Rodriguez Jesus $625,000
Closed Castro Jesus Rodriguez $636,039
Previous Owner Morris Deborah $172,500
Previous Owner Morris Deborah $179,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2018 02/05/18 Sold $658,000 -1.1% $346 / Sq Ft
01/11/2018 01/11/18 Pending -- -- --
11/03/2017 11/03/17 Price Changed $665,000 -2.9% $350 / Sq Ft
10/19/2017 10/19/17 For Sale $685,000 -- $361 / 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 $8,414 $762,718 $622,105 $140,613
2024 $8,414 $747,763 $609,907 $137,856
2023 $8,211 $733,101 $597,948 $135,153
2022 $8,091 $718,727 $586,224 $132,503
2021 $7,788 $691,675 $574,730 $116,945
2020 $7,747 $684,583 $568,837 $115,746
2019 $7,555 $671,160 $557,683 $113,477
2018 $3,537 $294,262 $179,575 $114,687
2017 $3,476 $288,493 $176,054 $112,439
2016 $3,415 $282,837 $172,602 $110,235
2015 $3,492 $278,589 $170,009 $108,580
2014 $3,405 $273,132 $166,678 $106,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17239555

California Regional Multiple Listing Service (CRMLS)

APN: 500-051-03