NOT LISTED FOR SALE

1591 Lanai Way Tustin, CA 92780

Estimated Value: $1,261,000 - $1,365,468

4 Beds
2 Baths
2,011 Sq Ft
$657/Sq Ft Est. Value

Last Sold May 29, 2013

Last sale price $531,000 $264 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $7,636/month

18 Days on Market

Highlights

  • In Ground Pool
  • All Bedrooms Downstairs
  • Central Air
  • Red Hill Elementary School Rated A-
  • No HOA
  • Back Yard

About This Home

As of May 2013

This 4-bedroom, 2-bath pool home on a quite cul-de-sac in desirable Tustin is a Property Brothers’ dream home. A renovation in progress, the home sits on one of the largest lots in the tract and features a spacious kitchen with granite countertops, a great room addition, formal living warmed by a classic fireplace surround, newer vinyl windows, and upgraded baths. Engineered wood and tile flooring along with crown molding are just a few of the niceties. Private backyard is ideal for entertaining and child’s play. With a little TLC, your touch can make this a home for life.

Last Agent to Sell the Property

Erin Kociela

First Team Real Estate License #01741562 Listed on: 04/10/2013

First Team Real Estate

Co-Listed By

Cerise Paton

HomeSmart, Evergreen Realty License #01794651

Last Buyer's Agent

Jay Gaylen

First Team Real Estate License #01886984

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,278

Year Built

  • Built in 1962

Lot Details

  • 8,276 Sq Ft Lot
  • Back Yard

Interior Spaces

  • 2,011 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Additional Features

  • In Ground Pool
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 4203
  • Assessor Parcel Number 10352218

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,278

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 10352218
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2011.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 264.05
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Spa: No

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Tustin Unified

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8276.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 14
  • Tax Tract Number: 4203

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2013
Closed on
May 10, 2013
Sold by
Gutierrez Clara
Bought by
Pelayo Fermin
Seller's Agent
Erin Kociela
First Team Real Estate
Buyer's Agent
Jay Gaylen
First Team Real Estate
List Price
$499,000
Sold Price
$531,000
Premium/Discount to List
$32,000
6.41%
Current Estimated Value
$1,320,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$789,617
Avg. Annual Appreciation
7.64%
Original Mortgage
$417,000
Outstanding Balance
$293,544
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$1,027,073

Purchase Details

Listed on
Apr 10, 2013
Closed on
Apr 24, 2013
Sold by
Cooper William D and Cooper Michele R
Bought by
Pelayo Fermin
Seller's Agent
Erin Kociela
First Team Real Estate
Buyer's Agent
Jay Gaylen
First Team Real Estate
List Price
$499,000
Sold Price
$531,000
Premium/Discount to List
$32,000
6.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$293,544
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$1,027,073

Purchase Details

Closed on
Jan 30, 2002
Sold by
Cooper William D and Cooper Michele R
Bought by
Cooper William D and Cooper Michele R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
9.9%

Purchase Details

Closed on
Aug 4, 1993
Sold by
Katz Sylvan and Katz Lorane W
Bought by
Cooper William D and Cooper Michele R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.21%
Source: Public Records

Range of Values:

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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
Pelayo Fermin -- Western Resources Title Co
Pelayo Fermin $531,000 Western Resources Title Co
Cooper William D -- American Title Co
Cooper William D $210,000 Old Republic Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pelayo Fermin $417,000
Previous Owner Cooper William D $270,000
Previous Owner Cooper William D $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2013 05/29/13 Sold $531,000 0.0% $264 / Sq Ft
04/18/2013 04/18/13 Pending -- -- --
04/16/2013 04/16/13 Off Market $531,000 -- --
04/10/2013 04/10/13 For Sale $499,000 0.0% $248 / Sq Ft
04/02/2013 04/02/13 Pending -- -- --
03/31/2013 03/31/13 For Sale $499,000 -- $248 / 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 $7,278 $653,883 $515,588 $138,295
2024 $7,278 $641,062 $505,478 $135,584
2023 $7,100 $628,493 $495,567 $132,926
2022 $6,993 $616,170 $485,850 $130,320
2021 $6,852 $604,089 $476,324 $127,765
2020 $6,816 $597,895 $471,440 $126,455
2019 $6,648 $586,172 $462,196 $123,976
2018 $6,539 $574,679 $453,133 $121,546
2017 $6,424 $563,411 $444,248 $119,163
2016 $6,308 $552,364 $435,537 $116,827
2015 $6,362 $544,067 $428,994 $115,073
2014 $6,198 $533,410 $420,591 $112,819
Source: Public Records

Agents Affiliated with this Home

  • Erin Kociela

    Seller's Agent in 2013

    Erin Kociela

    First Team Real Estate

    (714) 675-0332

    3 in this area

    35 Total Sales

    Erin Kociela
    Section Image
  • Cerise Paton

    Seller Co-Listing Agent in 2013

    Cerise Paton

    HomeSmart, Evergreen Realty

    (714) 746-4357

    1 Total Sale

    Cerise Paton
    Section Image

  • J

    Buyer's Agent in 2013

    Jay Gaylen

    First Team Real Estate

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13057308

California Regional Multiple Listing Service (CRMLS)

APN: 103-522-18

California Orange County Tustin 92780

1591 Lanai Way, Tustin, CA

This home is located at 1591 Lanai Way, Tustin, CA 92780 since 10 April 2013 and is currently estimated at $1,320,617, approximately $656 per square foot. This property was built in 1962. 1591 Lanai 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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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