NOT LISTED FOR SALE

1611 Tustin Ave Costa Mesa, CA 92627

Downtown Costa Mesa Neighborhood

Estimated Value: $2,042,000 - $2,779,000

4 Beds
3 Baths
1,382 Sq Ft
$1,700/Sq Ft Est. Value

Last Sold July 02, 2021

Last sale price $1,676,500 $1,213 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $13,942/month

8 Days on Market

Highlights

  • Open Floorplan
  • Wooded Lot
  • Bamboo Flooring
  • Newport Heights Elementary Rated A
  • Traditional Architecture
  • Main Floor Bedroom

About This Home

As of July 2021

Exciting Eastside opportunity! R-2 Lot with two separate units. Front house (784 sf) is 3/2 with paver floors, lots of windows, and a nice front yard.
Backhouse is small (598 sf) but charming. Recently remodeled with bamboo floors, new windows, finished kitchen, and a sweet little private back yard.
There is work to be done so you can either fix up or start new on the 7400+ lot. PLEASE DO NOT GO ONTO THE PROPERTY WITHOUT AN APPOINTMENT! DRIVE-BY ONLY.

Last Agent to Sell the Property

Minda Bush

Surterre Properties Inc. License #01200302 Listed on: 06/01/2021

Surterre Properties Inc.

Last Buyer's Agent

Linda Duffy

Pacific Sotheby's Int'l Realty License #01979777

Pacific Sotheby's Int'l Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 57x125
  • No Common Walls
  • Wood Fence
  • Wooded Lot
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door
  • Garage Door Opener
  • Shared Driveway
  • Parking Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Patio Home
  • Additions or Alterations
  • Cosmetic Repairs Needed
  • Interior Block Wall
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 1,382 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Double Pane Windows
  • Insulated Windows
  • Casement Windows
  • Window Screens
  • Living Room with Fireplace

Kitchen

  • Six Burner Stove
  • Gas Cooktop
  • Disposal

Flooring

  • Bamboo
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • No Interior Steps
  • Accessible Parking

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rear Porch

Schools

  • Horace Ensign Middle School
  • Newport Harbor High School

Utilities

  • Wall Furnace
  • 220 Volts
  • Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • Eastside Heights Subdivision

Listing and Financial Details

  • Tax Lot 56
  • Tax Tract Number 516
  • Assessor Parcel Number 42519112

Property Details

Home Type

Multi-Family

Year Built

Built in 1950 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Eastside Heights (EHCM)
  • View: No
  • Zoning: R-2
  • Architectural Style: Traditional
  • Property Condition: Additions/Alterations, Repairs Cosmetic, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 42519112
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1382.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Block Walls, Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Bamboo, Tile
  • Accessibility Features: No Interior Steps, Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 1213.10
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom
  • Window Features: Casement Windows, Double Pane Windows, Insulated Windows, Screens
  • Bathroom Features: Bathtub, Shower, Shower In Tub

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Brick, Patio, Rear Porch
  • Pool Private: No
  • Roof: Asphalt, Composition
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Single Door, Garage Door Opener, Parking Space, Shared Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Disposal, Gas Cooktop, Water Heater
  • Electric: 220 Volts
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: Newport Harbor
  • Middle Or Junior School: Horace Ensign
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Patio Home, Treed Lot
  • Lot Size: 57X125
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7405.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 56
  • Tax Tract Number: 516

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Jun 15, 2021
Sold by
The William Ludwell Owen Living Trust
Bought by
J H Newport Llc
Seller's Agent
Minda Bush
Surterre Properties Inc.
Buyer's Agent
Linda Duffy
Pacific Sotheby's Int'l Realty
List Price
$1,645,000
Sold Price
$1,676,500
Premium/Discount to List
$31,500
1.91%
Current Estimated Value
$2,348,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$672,454
Avg. Annual Appreciation
7.69%

Purchase Details

Closed on
Sep 4, 2003
Sold by
Owen William Ludwell
Bought by
William Ludwell Owen Living Trust

Purchase Details

Closed on
May 8, 2003
Sold by
Owen William L
Bought by
The William Ludwell Owen Living Trust

Purchase Details

Closed on
Feb 28, 2003
Sold by
Owen William L
Bought by
The William Ludwell Owen Living Trust

Purchase Details

Closed on
Apr 2, 2002
Sold by
Jones James F and Jones Mary Lu
Bought by
Owen William L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2001
Sold by
Estate Of Marguerite P Moore
Bought by
Jones James F and Jones Mary Lu

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
6.98%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
J H Newport Llc $1,676,500 Orange Coast Title
William Ludwell Owen Living Trust -- Lawyers Title Company
The William Ludwell Owen Living Trust -- --
The William Ludwell Owen Living Trust -- --
Owen William L $187,500 Fidelity National Title Co
Jones James F $360,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Owen William L $275,000
Previous Owner Jones James F $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2021 07/02/21 Sold $1,676,500 +1.9% $1,213 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $1,645,000 -- $1,190 / 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 $19,904 $1,779,114 $1,696,102 $83,012
2024 $19,904 $1,744,230 $1,662,845 $81,385
2023 $19,339 $1,710,030 $1,630,240 $79,790
2022 $18,890 $1,676,500 $1,598,274 $78,226
2021 $6,397 $501,145 $401,315 $99,830
2020 $6,308 $496,007 $397,200 $98,807
2019 $6,093 $486,282 $389,412 $96,870
2018 $5,967 $476,748 $381,777 $94,971
2017 $5,871 $467,400 $374,291 $93,109
2016 $5,752 $458,236 $366,952 $91,284
2015 $5,697 $451,353 $361,440 $89,913
2014 $5,647 $442,512 $354,360 $88,152
Source: Public Records

Agents Affiliated with this Home

  • Minda Bush

    Seller's Agent in 2021

    Minda Bush

    Surterre Properties Inc.

    (949) 717-6000

    1 in this area

    1 Total Sale

    Minda Bush
    Section Image
  • Linda Duffy

    Buyer's Agent in 2021

    Linda Duffy

    Pacific Sotheby's Int'l Realty

    (949) 554-1200

    1 in this area

    16 Total Sales

    Linda Duffy
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP21117141

California Regional Multiple Listing Service (CRMLS)

APN: 425-191-12

California Orange County Costa Mesa 92627 Downtown Costa Mesa

1611 Tustin Ave, Costa Mesa, CA

Not Listed for Sale

MultiFamily

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