NOT LISTED FOR SALE

1531 Melvin Way Tustin, CA 92780

Estimated Value: $1,233,000 - $1,376,000

4 Beds
2 Baths
1,420 Sq Ft
$916/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $1,141,000 $804 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $7,983/month

4 Days on Market

Highlights

  • In Ground Pool
  • Main Floor Bedroom
  • No HOA
  • Red Hill Elementary School Rated A-
  • Lawn
  • Neighborhood Views

About This Home

As of August 2023

Gorgeous 4 bedroom pool home. This stunning 4 bedrooms, 2 bath home is located in Tustin. The open floor concept kitchen, dining and living area is great for entertaining. The kitchen includes recessed lighting, quartz countertop( 2.25 inch thick), newer cabinets, 10 inch deep single hole sink, The living room has a wood burning stone fireplace, floating floors, and double doors for access to back yard. New AC and Furnace in 2020. All bedrooms, hallway and closets have the same floating floors. Large Master Suite with walk-in closet, sliding door that leads to the back yard pool and spa resurfaced in 2020. Pool deck and drain redone in 2020. Complete house re-pipe with PEX in 2018. The second bathroom (also remodeled) has a custom paint/glanced finish vanity, and shelving above toilet for added storage. The back yard has an avocado and apple tree, pool and spa with newer system replaced 6 years ago, The 2 car attached garage with entry to the kitchen, with access to the back yard from both sides. Central heating and air plus much more… Come make this your new home!

Last Agent to Sell the Property

Matt Mestas

Best Value Real Estate Service License #01317356 Listed on: 08/04/2023

Last Buyer's Agent

Daniel Ji

Sung Joon Ji, Broker License #01991256

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,674

Year Built

  • Built in 1961

Lot Details

  • 7,370 Sq Ft Lot
  • Lawn
  • Back Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,420 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room
  • Neighborhood Views

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 3715
  • Assessor Parcel Number 10347142
  • $475 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,674

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Tustin
  • View: Yes
  • Zoning: R-1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 10347142
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1420.00 Square Feet
  • Stories: 1
  • Entry Location: ground level
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 803.52
  • Room Type: All Bedrooms Down, Living Room, Main Floor Bedroom, Main Floor Master Bedroom
  • Spa Features: In Ground

Exterior Features

  • View: Neighborhood
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Gutters, Sidewalks, Street Lights

Schools

  • School District: Tustin Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Lawn
  • Lot Size Sq Ft: 7370.00
  • Lot Size Acres: 0.1692

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7370.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 755.06
  • Tax Lot: 1
  • Tax Tract Number: 3715
  • TaxOtherAnnualAssessmentAmount: 475.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2023
Closed on
Aug 11, 2023
Sold by
Varrone Jon Maxwell and Varrone Amanda Kathleen
Bought by
Ecgp Management Inc
Seller's Agent
Matt Mestas
Best Value Real Estate Service
Buyer's Agent
Daniel Ji
Sung Joon Ji, Broker
List Price
$1,050,000
Sold Price
$1,141,000
Premium/Discount to List
$91,000
8.67%
Views
164
Current Estimated Value
$1,300,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,131
Avg. Annual Appreciation
5.50%

Purchase Details

Listed on
Jul 12, 2017
Closed on
Aug 25, 2017
Sold by
Sariol Tzel and Ignacios Lilia
Bought by
Varrone Jon Maxwell and Varrone Amanda Kathleen
Seller's Agent
Rodolfo Cervantes
North Hills Realty
Buyer's Agent
Matt Mestas
Best Value Real Estate Service
List Price
$707,000
Sold Price
$680,000
Premium/Discount to List
-$27,000
-3.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.12%
Original Mortgage
$647,282
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 24, 2014
Sold by
Hernandez Monica Lillian
Bought by
Cervantes Itzel and Ignacios Lilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,215
Interest Rate
4.99%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 27, 2011
Sold by
Hernandez Hector
Bought by
Hernandez Monica Lillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2011
Sold by
Barriga Alejandro and Barriga Anita
Bought by
Hernandez Monica Lillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2010
Sold by
Martinez Carlos H
Bought by
Barriga Alejandro and Barriga Anita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,755
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
May 19, 2009
Sold by
Gonzalez Maria Guadalupe
Bought by
Martinez Carlos H

Purchase Details

Closed on
Jun 1, 2006
Sold by
Martinez Carlos H
Bought by
Gonzalez Maria Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,600
Interest Rate
6.55%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 16, 2006
Sold by
Holden Kelly L
Bought by
Martinez Carlos H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,600
Interest Rate
6.55%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 2, 2002
Sold by
Gumz John and Gumz Catherine C
Bought by
Holden Kelly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
7.75%

Purchase Details

Closed on
Oct 15, 1999
Sold by
Bradley Jackson and Bradley Michelle Duran
Bought by
Collar Catherine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.82%

Purchase Details

Closed on
Mar 5, 1998
Sold by
James Coddington and James Rebecca
Bought by
Jackson Bradley P and Duran Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,100
Interest Rate
6.99%

Purchase Details

Closed on
Aug 23, 1994
Sold by
Linn Joy and Anderson Juanita I
Bought by
Coddington James E and Coddington Rebecca L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,900
Interest Rate
8.58%
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
Ecgp Management Inc $1,141,000 Corinthian Title
Varrone Jon Maxwell $680,000 Orange Coast Title Co
Sariol Itzel -- Orange Coast Title Co
Cervantes Itzel $485,000 Arista National Title Co
Hernandez Monica Lillian -- Provident Title Company
Hernandez Monica Lillian -- None Available
Barriga Alejandro $400,000 Chicago Title
Martinez Carlos H -- None Available
Gonzalez Maria Guadalupe -- Accommodation
Martinez Carlos H $698,000 Lawyers Title
Holden Kelly L $340,000 --
Collar Catherine J $275,000 South Coast Title
Jackson Bradley P $209,000 Southland Title Corporation
Coddington James E $210,000 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Varrone Jon Maxwell $187,365
Previous Owner Varrone Jon Maxwell $647,282
Previous Owner Cervantes Itzel $476,985
Previous Owner Cervante Itzel $476,215
Previous Owner Cervantes Itzel $476,215
Previous Owner Hernandez Monica Lillian $55,000
Previous Owner Barriga Alejandro $392,755
Previous Owner Martinez Carlos H $139,600
Previous Owner Martinez Carlos H $558,400
Previous Owner Holden Kelly L $288,000
Previous Owner Holden Kelly L $272,000
Previous Owner Collar Catherine J $220,000
Previous Owner Jackson Bradley P $188,100
Previous Owner Coddington James E $188,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $1,141,000 +8.7% $804 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
08/04/2023 08/04/23 For Sale $1,050,000 +54.4% $739 / Sq Ft
09/22/2017 09/22/17 Sold $680,000 -3.8% $479 / Sq Ft
08/17/2017 08/17/17 Pending -- -- --
07/12/2017 07/12/17 For Sale $707,000 -- $498 / 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 $12,674 $1,163,820 $1,049,332 $114,488
2024 $12,674 $1,141,000 $1,028,756 $112,244
2023 $8,398 $743,678 $648,298 $95,380
2022 $8,276 $729,097 $635,587 $93,510
2021 $8,110 $714,801 $623,124 $91,677
2020 $8,069 $707,472 $616,735 $90,737
2019 $7,869 $693,600 $604,642 $88,958
2018 $7,741 $680,000 $592,786 $87,214
2017 $6,343 $548,843 $453,429 $95,414
2016 $6,230 $538,082 $444,538 $93,544
2015 $6,285 $530,000 $437,861 $92,139
2014 $5,069 $421,195 $329,418 $91,777
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23143926

California Regional Multiple Listing Service (CRMLS)

APN: 103-471-42