NOT LISTED FOR SALE

1592 Melvin Way Tustin, CA 92780

Estimated Value: $1,253,000 - $1,575,000

4 Beds
3.5 Baths
2,090 Sq Ft
$687/Sq Ft Est. Value

Last Sold August 16, 2013

Last sale price $670,000 $321 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $8,350/month

39 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Red Hill Elementary School Rated A-
  • Level Lot

About This Home

As of August 2013

BACK ON MARKET! LOCATION, CONDITION, PRICE. Come and see this remarkable home! You won't be disappointed!!

Last Agent to Sell the Property

Scott Weimer

Weimer & Associates License #00755806 Listed on: 06/26/2013

Co-Listed By

Rebecca Weimer

Weimer & Associates License #01108396

Last Buyer's Agent

Nick Abbadessa

RE/MAX MASTERS REALTY License #01398872

RE/MAX MASTERS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,100

Year Built

  • Built in 1961

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 2,090 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 3715
  • Assessor Parcel Number 10347203

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,100

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 10347203
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2090.00
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 320.57

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Level
  • 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: 11
  • Tax Tract Number: 3715

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2013
Closed on
Jul 9, 2013
Sold by
Apache Productions Inc
Bought by
Castiello Frank and Castiello Karen
Seller's Agent
Scott Weimer
Weimer & Associates
Buyer's Agent
Nick Abbadessa
RE/MAX MASTERS REALTY
List Price
$695,000
Sold Price
$670,000
Premium/Discount to List
-$25,000
-3.6%
Current Estimated Value
$1,436,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$766,118
Avg. Annual Appreciation
6.45%
Original Mortgage
$502,500
Outstanding Balance
$370,890
Interest Rate
4.28%
Mortgage Type
New Conventional
Estimated Equity
$1,065,228

Purchase Details

Listed on
Nov 28, 2011
Closed on
Mar 13, 2013
Sold by
Tarmas Warren
Bought by
Apache Productions Inc
Seller's Agent
Rachel Eliezrie
Realty One Group West
Buyer's Agent
Scott Weimer
Weimer & Associates
List Price
$475,000
Sold Price
$425,000
Premium/Discount to List
-$50,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
188.23%

Purchase Details

Listed on
Nov 28, 2011
Closed on
Feb 27, 2013
Sold by
Kasner Charles and Modicamore Rina
Bought by
Tarmas Warren
Seller's Agent
Rachel Eliezrie
Realty One Group West
Buyer's Agent
Scott Weimer
Weimer & Associates
List Price
$475,000
Sold Price
$425,000
Premium/Discount to List
-$50,000
-10.53%

Purchase Details

Closed on
Mar 23, 2010
Sold by
W & Z Development Corporation
Bought by
Kasner Charles and Modicamore Rina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,128
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 5, 2009
Sold by
Wells Fargo Bank Na
Bought by
W & Z Development Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2009
Sold by
Martinez Yesenia and Herrera Miguel
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 20, 2006
Sold by
Sharkey Louis M and Sharkey Yve S
Bought by
Herrera Miguel and Martinez Yesenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 1999
Sold by
Clark Patricia
Bought by
Clark Norman L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,840
Interest Rate
7.95%

Purchase Details

Closed on
Nov 16, 1999
Sold by
Clark Norman L
Bought by
Sharkey Louis M and Sharkey Yve S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,840
Interest Rate
7.95%
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
Castiello Frank $670,000 Western Resources Title Co
Apache Productions Inc -- None Available
Tarmas Warren $425,000 Western Resources Title Co
Kasner Charles $545,000 Advantage Title Inc
W & Z Development Corporation $330,000 Orange Coast Title Co Of La
Wells Fargo Bank Na $427,500 Orange Coast Title
Herrera Miguel $695,000 Financial Title Company
Clark Norman L -- Fidelity National Title Ins
Sharkey Louis M $272,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castiello Frank $502,500
Previous Owner Kasner Charles $535,128
Previous Owner W & Z Development Corporation $288,000
Previous Owner Herrera Miguel $556,000
Previous Owner Sharkey Louis M $263,840
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2013 08/16/13 Sold $670,000 -3.6% $321 / Sq Ft
07/06/2013 07/06/13 Pending -- -- --
06/26/2013 06/26/13 For Sale $695,000 0.0% $333 / Sq Ft
06/26/2013 06/26/13 Price Changed $695,000 +3.7% $333 / Sq Ft
06/09/2013 06/09/13 Pending -- -- --
06/06/2013 06/06/13 Off Market $670,000 -- --
05/28/2013 05/28/13 For Sale $675,000 +58.8% $323 / Sq Ft
03/13/2013 03/13/13 Sold $425,000 -10.5% $202 / Sq Ft View Prior Sale
02/08/2013 02/08/13 Price Changed $475,000 0.0% $226 / Sq Ft
08/04/2012 08/04/12 For Sale $475,000 +11.8% $226 / Sq Ft
08/03/2012 08/03/12 Pending -- -- --
08/02/2012 08/02/12 Off Market $425,000 -- --
07/27/2012 07/27/12 Price Changed $475,000 -13.5% $226 / Sq Ft
07/27/2012 07/27/12 For Sale $549,000 +29.2% $261 / Sq Ft
03/03/2012 03/03/12 Off Market $425,000 -- --
11/28/2011 11/28/11 For Sale $549,000 -- $261 / 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 $9,100 $821,323 $639,992 $181,331
2024 $9,100 $805,219 $627,443 $177,776
2023 $8,884 $789,431 $615,140 $174,291
2022 $8,756 $773,952 $603,078 $170,874
2021 $8,580 $758,777 $591,253 $167,524
2020 $8,536 $750,997 $585,190 $165,807
2019 $8,325 $736,272 $573,716 $162,556
2018 $8,189 $721,836 $562,467 $159,369
2017 $8,046 $707,683 $551,438 $156,245
2016 $7,902 $693,807 $540,625 $153,182
2015 $7,943 $683,386 $532,504 $150,882
2014 $7,738 $670,000 $522,073 $147,927
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13099689

California Regional Multiple Listing Service (CRMLS)

APN: 103-472-03