$550,000
SOLD MAR 22, 2024
2 Beds
1 Bath
890 Sq Ft
$241/mo HOA Fee

Recently Sold

$618 Per Sq Ft

8% Below List Price

3 Days on Market

Highlights

  • Spa
  • Corian Countertops
  • Open to Family Room
  • California Elementary School Rated A
  • 1 Car Direct Access Garage
  • Family Room Off Kitchen

About This Home

As of March 2024

An Investor's Dream! This two story unit has a front private patio perfect for entertaining guests. The dining and living room have an open floor plan with a sliding glass door to the outside. It also has an attached one car garage with direct access. Both bedrooms are upstairs and share a ful bathroom. Washer and dryer is included and is in the garage.

The Mesa Verde Villas community offers its residents pool, spa, BBQ area, playground and more!

This home is such a great price for Costa Mesa, with low HOA fees, and is ready to be flipped!

Last Agent to Sell the Property

Michelle Fullbright

Redfin Brokerage Phone: 7143178866 License #01436467 Listed on: 02/16/2024

Redfin

Last Buyer's Agent

Holly McDonald

Compass Newport Beach License #01892567

Compass Newport Beach

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,884

Year Built

  • Built in 1971

Lot Details

  • Two or More Common Walls
  • Wood Fence

HOA Fees

  • $241 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Rear-Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • On-Street Parking
  • Parking Lot

Home Design

  • Wood Product Walls
  • Shingle Roof
  • Copper Plumbing

Interior Spaces

  • 890 Sq Ft Home
  • 2-Story Property
  • Wainscoting
  • Ceiling Fan
  • Family Room Off Kitchen
  • Living Room
  • Storage

Kitchen

  • Galley Kitchen
  • Open to Family Room
  • Gas and Electric Range
  • Range Hood
  • Dishwasher
  • Corian Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Outdoor Features

  • Spa
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • High Efficiency Heating System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Private Water Source
  • Water Heater
  • Private Sewer

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Suburban Location

Listing and Financial Details

  • Tax Lot 34
  • Tax Tract Number 6614
  • Assessor Parcel Number 93207035
  • $575 per year additional tax assessments

Community Details

Overview

  • Master Insurance
  • 80 Units
  • Mesa Verde Villas Association, Phone Number (714) 544-7755
  • Drpm Socal HOA
  • Mesa Verde Villas Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,884

Year Built

Built in 1971

Lot Details

0

HOA Fees

$241 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Mesa Verde Villas (Iowa St.) (MVVL)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93207035
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 890.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Full, Storage, Unfurnished, Wainscoting, Wood Product Walls
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 617.98
  • Room Type: All Bedrooms Up, Galley Kitchen, Living Room
  • Spa Features: Community
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Exhaust Fan(s), Linen Closet/Storage
  • Room Kitchen Features: Corian Counters, Kitchen Open To Family Room

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Features: Community
  • Pool Private: No
  • Roof: Shingle
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking Features: Direct Garage Access, Concrete, Garage, Garage Faces Rear, Garage - Single Door, Garage Door Opener, On Site, Parking Space, Private, Street
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas & Electric Range, Range Hood, Refrigerator, Vented Exhaust Fan, Water Heater
  • Heating Type: Central, ENERGY STAR Qualified Equipment, Forced Air, High Efficiency, Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, Gas Dryer Hookup, In Garage
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Playground, Insurance
  • Association Fee: 241.00
  • Association Fee Frequency: Monthly
  • Association Name: Mesa Verde Villas
  • Phone: 7145447755
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights, Suburban
  • Association Management: DRPM Socal

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 80
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 638.05
  • Tax Lot: 34
  • Tax Tract Number: 6614
  • TaxOtherAnnualAssessmentAmount: 575.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Feb 23, 2024
Sold by
Thomas Vance Hammond Separate Property T
Bought by
Mark J Stark Trust and Stark
Seller's Agent
Michelle Fullbright
Redfin
Buyer's Agent
Holly McDonald
Compass Newport Beach
List Price
$599,000
Sold Price
$550,000
Premium/Discount to List
-$49,000
-8.18%
Views
67
Current Estimated Value
$612,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,736
Avg. Annual Appreciation
8.88%
Original Mortgage
$412,500
Outstanding Balance
$407,623
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$205,113

Purchase Details

Closed on
Jan 18, 2024
Sold by
Hammond Thomas Vance
Bought by
Thomas Vance Hammond Separate Property Trust and Hammond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Outstanding Balance
$407,623
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$205,113

Purchase Details

Closed on
Oct 16, 2023
Sold by
Orange County Transportation Authority
Bought by
Hammond Thomas V

Purchase Details

Closed on
Nov 3, 2000
Sold by
Lindsley Michael and Lindsley Terry Jones
Bought by
Hammond Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,452
Interest Rate
7.86%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $550,000 Lawyers Title
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Grant Deed $150,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $412,500 New Conventional
Previous Owner $310,318 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $290,000 Negative Amortization
Previous Owner $255,000 Stand Alone First
Previous Owner $40,000 Credit Line Revolving
Previous Owner $215,000 Stand Alone First
Previous Owner $54,000 Unknown
Previous Owner $182,812 Stand Alone First
Previous Owner $142,452 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2024 06/18/24 Rented $3,050 -3.2% --
06/14/2024 06/14/24 Under Contract -- -- --
06/01/2024 06/01/24 Price Changed $3,150 -1.6% $4 / Sq Ft
04/13/2024 04/13/24 For Rent $3,200 0.0% --
03/28/2024 03/28/24 Price Changed $3,200 0.0% $4 / Sq Ft
03/22/2024 03/22/24 Sold $550,000 -8.2% $618 / Sq Ft
02/19/2024 02/19/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $599,000 -- $673 / 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
2024 $2,884 $222,843 $158,303 $64,540
2023 $2,791 $218,474 $155,199 $63,275
2022 $2,674 $214,191 $152,156 $62,035
2021 $2,586 $209,992 $149,173 $60,819
2020 $2,561 $207,839 $147,643 $60,196
2019 $2,515 $203,764 $144,748 $59,016
2018 $2,468 $199,769 $141,910 $57,859
2017 $2,426 $195,852 $139,127 $56,725
2016 $2,374 $192,012 $136,399 $55,613
2015 $2,348 $189,128 $134,350 $54,778
2014 $2,257 $185,424 $131,719 $53,705
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24023243

California Regional Multiple Listing Service (CRMLS)

APN: 932-070-35