$635,000
SOLD JUL 31, 2023

16562 Montego Way Tustin, CA 92780

3 Beds
1.5 Baths
1,188 Sq Ft
$305/mo HOA Fee

Recently Sold

$535 Per Sq Ft

5% Above List Price

13 Days on Market

Highlights

  • Community Pool
  • Park
  • Picnic Area
  • Whole House Fan
  • Laundry Room
  • Central Heating

About This Home

As of July 2023

Welcome to Tustin Village. Awesome private location! Only one neighbor! Home features 3 bedroom and 1.5 baths. Many upgrades made to this turnkey home!New composite siding on the face and on the garage, tankless water heater, whole house water filtration, remodeled kitchen, six camera security system on the exterior. Quiet cool Whole House Fan, new steel front door, extra Dormers added to the roof, house walls have all new blow-in insulation. Private two car garage that is fully secure. Amazing private backyard with newer vinyl fencing and artificial turf backyard. HOA amenities with playground, pool and picnic area. Close to shopping, freeways and toll roads. A must see today!

Last Agent to Sell the Property

Lynsey Russell

Keller Williams Pacific Estate License #01437890 Listed on: 06/23/2023

Keller Williams Pacific Estate

Co-Listed By

Cristina Picarelli

Keller Williams Pacific Estate License #01765423

Last Buyer's Agent

Peter Abdelmesseh

Fiv Realty Co. License #02045365

Fiv Realty Co.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,288

Year Built

  • Built in 1964

Lot Details

  • 594 Sq Ft Lot
  • 1 Common Wall

HOA Fees

  • $305 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 1,188 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Whole House Fan
  • Central Heating

Listing and Financial Details

  • Tax Lot 91
  • Tax Tract Number 5142
  • Assessor Parcel Number 40228245
  • $475 per year additional tax assessments

Community Details

Overview

  • Front Yard Maintenance
  • Master Insurance
  • 60 Units
  • A Palma Hills Management Association, Phone Number (714) 956-0000
  • Karen Daniels HOA
  • Tustin Village Subdivision
  • Maintained Community

Amenities

  • Picnic Area

Recreation

  • Community Pool
  • Park

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,288

Year Built

Built in 1964

Lot Details

0

HOA Fees

$305 per month

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Tustin Village (TV)
  • View: No
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 40228245
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1188.00 Square Feet
  • Stories: 2
  • Entry Location: first floor
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 534.51
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Whole House Fan
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Picnic Area, Insurance, Maintenance Grounds, Maintenance Front Yard
  • Association Fee: 305.00
  • Association Fee Frequency: Monthly
  • Association Name: a Palma hills management
  • Phone: 7149560000
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Park
  • Association Management: Karen Daniels

Schools

  • School District: Tustin Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 594.00
  • Lot Size Acres: 0.0136

Multi Family

  • Lease Considered: No
  • Lot Size Area: 594.0000 Square Feet
  • Number Of Units In Community: 60
  • Number Of Units Total: 60

Tax Info

  • Tax Census Tract: 744.08
  • Tax Lot: 91
  • Tax Tract Number: 5142
  • TaxOtherAnnualAssessmentAmount: 475.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Jul 25, 2023
Sold by
King Daniel
Bought by
Soliman Michael and Nader Nada
Seller's Agent
Lynsey Russell
Keller Williams Pacific Estate
Buyer's Agent
Peter Abdelmesseh
Fiv Realty Co.
List Price
$605,000
Sold Price
$635,000
Premium/Discount to List
$30,000
4.96%
Views
188
Current Estimated Value
$701,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,738
Avg. Annual Appreciation
4.92%
Original Mortgage
$603,250
Outstanding Balance
$589,194
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$112,544

Purchase Details

Listed on
Jun 17, 2016
Closed on
Jul 6, 2016
Sold by
Ding Guangrong
Bought by
King Daniel
Seller's Agent
Grace Ding
Real Broker
Buyer's Agent
Lynsey Russell
Keller Williams Pacific Estate
List Price
$349,000
Sold Price
$330,000
Premium/Discount to List
-$19,000
-5.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.85%
Original Mortgage
$264,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 21, 2013
Closed on
Feb 20, 2013
Sold by
Andronesi Ieronim
Bought by
Ding Guangrong
Seller's Agent
Angel Nicanor
Seven Gables Real Estate
Buyer's Agent
Angel Nicanor
Seven Gables Real Estate
List Price
$232,000
Sold Price
$232,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.99%
Original Mortgage
$116,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2008
Sold by
Sandulescu Mirela
Bought by
Andronesi Ieronim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2008
Sold by
Pledged Property Ii Llc
Bought by
Andronesi Ieronim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2007
Sold by
Cisneros Felix
Bought by
Pledged Property Ii Llc

Purchase Details

Closed on
Oct 31, 2006
Sold by
Soto Marco A
Bought by
Cisneros Felix

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2006
Sold by
Soto Maribel Gutierrez
Bought by
Soto Marco A

Purchase Details

Closed on
Mar 20, 2006
Sold by
Soto Marco A and Duarte Olga
Bought by
Soto Marco A

Purchase Details

Closed on
Aug 2, 2004
Sold by
Soto Marco A
Bought by
Soto Marco A and Duarte Olga

Purchase Details

Closed on
Jan 27, 2004
Sold by
Abrina George Gerardo
Bought by
Soto Marco A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2000
Sold by
Jamison Shirley A
Bought by
Abrina George Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
8.22%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $635,000 Corinthian Title
Grant Deed $330,000 Fidelity National Title
Grant Deed $232,000 First American Title Company
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed $230,000 None Available
Trustee Deed $360,000 Accommodation
Grant Deed $435,000 None Available
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- --
Grant Deed $285,000 Fidelity National Title
Grant Deed $140,000 Chicago Title Co
Interfamily Deed Transfer -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $603,250 New Conventional
Previous Owner $264,000 New Conventional
Previous Owner $116,000 New Conventional
Previous Owner $161,000 Purchase Money Mortgage
Previous Owner $87,000 Stand Alone Second
Previous Owner $348,000 Purchase Money Mortgage
Previous Owner $228,000 Purchase Money Mortgage
Previous Owner $110,000 Unknown
Previous Owner $103,000 No Value Available
Closed $57,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $635,000 +5.0% $535 / Sq Ft
06/23/2023 06/23/23 For Sale $605,000 +83.3% $509 / Sq Ft
08/13/2016 08/13/16 Sold $330,000 -5.4% $278 / Sq Ft
06/17/2016 06/17/16 For Sale $349,000 +50.4% $294 / Sq Ft
03/27/2013 03/27/13 Sold $232,000 0.0% $195 / Sq Ft
02/21/2013 02/21/13 Pending -- -- --
02/21/2013 02/21/13 For Sale $232,000 -- $195 / 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 $7,288 $647,700 $579,506 $68,194
2024 $7,288 $635,000 $568,143 $66,857
2023 $4,409 $368,120 $308,218 $59,902
2022 $4,337 $360,902 $302,174 $58,728
2021 $4,252 $353,826 $296,249 $57,577
2020 $4,230 $350,198 $293,211 $56,987
2019 $4,131 $343,332 $287,462 $55,870
2018 $4,065 $336,600 $281,825 $54,775
2017 $3,996 $330,000 $276,299 $53,701
2016 $3,044 $241,334 $186,993 $54,341
2015 $3,126 $237,709 $184,184 $53,525
2014 $3,050 $233,053 $180,576 $52,477
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23112028

California Regional Multiple Listing Service (CRMLS)

APN: 402-282-45