$590,000
SOLD AUG 30, 2023

16576 Montego Way Tustin, CA 92780

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

Recently Sold

$497 Per Sq Ft

3% Below List Price

7 Days on Market

Highlights

  • Community Pool
  • Community Playground
  • Storage
  • Eat-In Kitchen
  • Laundry Room
  • Tile Flooring

About This Home

As of April 2024

Pristine townhome located in the highly sought after Tustin Village Community. This elegant townhome features 3 bedrooms and 1.5 baths with 1189 square feet of living space. one car garage, cozy fireplace in the living room. Plenty of natural light streams from the windows. Amenities include inviting sparkling pools with luscious foliage and trees. This community is well maintained and unit reflects pride of ownership. Great location being minutes away from the 55 Freeway for quick access to Southland beaches, malls, and restaurants. Excellent schools within the Tustin Unified School District.

Last Agent to Sell the Property

Jean Yu

Premier Realty Associates License #01256588 Listed on: 08/07/2023

Premier Realty Associates

Last Buyer's Agent

Lei Ye

Harvest Realty Development License #02126688

Harvest Realty Development

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,808

Year Built

  • Built in 1964

HOA Fees

  • $305 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available

Home Design

  • Turnkey
  • Slab Foundation

Interior Spaces

  • 1,188 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Storage
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Range

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Additional Features

  • Two or More Common Walls
  • Urban Location
  • No Heating

Listing and Financial Details

  • Tax Lot 84
  • Tax Tract Number 5142
  • Assessor Parcel Number 40228238
  • $475 per year additional tax assessments

Community Details

Overview

  • 100 Units
  • Tustin Village Association, Phone Number (714) 956-2012
  • La Palma Hills Mgmt HOA

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,808

Year Built

Built in 1964

Lot Details

0

HOA Fees

$305 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 40228238
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1188.00 Square Feet
  • Interior Amenities: Storage
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 496.63
  • Room Type: All Bedrooms Up

Exterior Features

  • Foundation: Slab
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 1.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Appliances: Gas Range
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Playground
  • Association Fee: 305.00
  • Association Fee Frequency: Monthly
  • Association Name: Tustin Village
  • Phone: 714-956-2012
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban
  • Association Management: La Palma Hills Mgmt

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: 100
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 744.08
  • Tax Lot: 84
  • Tax Tract Number: 5142
  • TaxOtherAnnualAssessmentAmount: 475.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
Apr 5, 2024
Sold by
Wholeline Inc
Bought by
Christensen Kimberly Lynn and Kim Eeyeon
Seller's Agent
Mina Liu
Pacific Sterling Realty
Buyer's Agent
Frank Vizcarra
The Real Brokerage, Inc.
List Price
$658,000
Sold Price
$665,000
Premium/Discount to List
$7,000
1.06%
Views
284
Current Estimated Value
$688,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,879
Avg. Annual Appreciation
2.54%
Original Mortgage
$19,290
Outstanding Balance
$11,327
Interest Rate
6.74%
Mortgage Type
FHA
Estimated Equity
$675,230

Purchase Details

Closed on
Feb 3, 2020
Sold by
Li Gang and Fu Huiqing
Bought by
Fu Huiqing and Li Gang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 18, 2013
Closed on
Jun 19, 2013
Sold by
Song Ting
Bought by
Li Gang and Fu Huiqing
Seller's Agent
Zarina Guo
S & Z Premier Realty, Inc.
Buyer's Agent
Dabin Qin
IRN Realty
List Price
$275,000
Sold Price
$273,000
Premium/Discount to List
-$2,000
-0.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%
Original Mortgage
$150,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 21, 2013
Closed on
Mar 12, 2013
Sold by
Andronesi Ieronim
Bought by
Song Zhiwu and Song Ting
Seller's Agent
Angel Nicanor
Seven Gables Real Estate
Buyer's Agent
Sophie Su
Pinnacle Real Estate Group
List Price
$229,000
Sold Price
$235,000
Premium/Discount to List
$6,000
2.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.80%

Purchase Details

Closed on
Jun 10, 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
$150,500
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2008
Sold by
Deutsche Bank National Trust Co
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
$150,500
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2007
Sold by
Garcia Rodolfo
Bought by
Deutsche Bank National Trust Co and Long Beach Mortgage Loan Trust 2006-4

Purchase Details

Closed on
Jan 26, 2006
Sold by
Cazares Victor M
Bought by
Garcia Rodolfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.25%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 2, 2005
Sold by
Gonzalez Raquel
Bought by
Cazares Victor M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2002
Sold by
Stone Linda
Bought by
Gonzalez Raquel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,400
Interest Rate
6.8%
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 $665,000 Stewart Title
Interfamily Deed Transfer -- Lawyers Title
Grant Deed $273,000 Fidelity National Title Oran
Interfamily Deed Transfer -- Fidelity National Title Oran
Grant Deed $235,000 First American Title Company
Interfamily Deed Transfer -- Landamerica Southland Title
Grant Deed $215,000 Landamerica Southland Title
Trustee Deed $381,678 Lsi Title
Grant Deed $440,000 United Title Company
Grant Deed $345,000 --
Grant Deed $195,500 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $19,290 FHA
Open $620,495 New Conventional
Previous Owner $367,500 New Conventional
Previous Owner $179,000 New Conventional
Previous Owner $150,000 Adjustable Rate Mortgage/ARM
Previous Owner $150,500 Purchase Money Mortgage
Previous Owner $88,000 Stand Alone Second
Previous Owner $352,000 Purchase Money Mortgage
Previous Owner $276,000 New Conventional
Previous Owner $156,400 No Value Available
Closed $39,100 No Value Available
Closed $69,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2024 04/25/24 Sold $665,000 +1.4% $560 / Sq Ft
03/20/2024 03/20/24 Pending -- -- --
03/06/2024 03/06/24 Price Changed $656,000 -0.3% $552 / Sq Ft
02/21/2024 02/21/24 For Sale $658,000 +11.5% $554 / Sq Ft
08/30/2023 08/30/23 Sold $590,000 -1.7% $497 / Sq Ft
08/10/2023 08/10/23 Price Changed $599,900 -1.2% $505 / Sq Ft
08/07/2023 08/07/23 For Sale $607,000 0.0% $511 / Sq Ft
07/05/2022 07/05/22 Rented $2,700 0.0% --
06/27/2022 06/27/22 For Rent $2,700 0.0% --
07/18/2013 07/18/13 Sold $273,000 -0.7% $230 / Sq Ft
07/16/2013 07/16/13 Price Changed $275,000 0.0% $231 / Sq Ft
05/27/2013 05/27/13 Pending -- -- --
05/18/2013 05/18/13 For Sale $275,000 +17.0% $231 / Sq Ft
04/08/2013 04/08/13 Sold $235,000 +2.6% $198 / Sq Ft
03/21/2013 03/21/13 For Sale $229,000 -2.6% $193 / Sq Ft
02/20/2013 02/20/13 Pending -- -- --
02/16/2013 02/16/13 Off Market $235,000 -- --
02/13/2013 02/13/13 For Sale $229,000 0.0% $193 / Sq Ft
03/10/2012 03/10/12 Rented $1,600 0.0% --
03/09/2012 03/09/12 Under Contract -- -- --
02/21/2012 02/21/12 For Rent $1,600 -- --
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 $6,808 $590,000 $523,143 $66,857
2023 $3,841 $321,663 $260,116 $61,547
2022 $3,775 $315,356 $255,015 $60,341
2021 $3,700 $309,173 $250,015 $59,158
2020 $3,680 $306,003 $247,451 $58,552
2019 $3,594 $300,003 $242,599 $57,404
2018 $3,536 $294,121 $237,842 $56,279
2017 $3,474 $288,354 $233,178 $55,176
2016 $3,413 $282,700 $228,605 $54,095
2015 $3,490 $278,454 $225,171 $53,283
2014 $3,403 $273,000 $220,760 $52,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23145720

California Regional Multiple Listing Service (CRMLS)

APN: 402-282-38