NOT LISTED FOR SALE

Estimated Value: $1,557,000 - $2,138,439

3 Beds
2 Baths
516 Sq Ft
$3,472/Sq Ft Est. Value

Last Sold March 06, 2013

Last sale price $670,000 $1,298 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $10,828/month

13 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Carpet
  • Heinz Kaiser Elementary School Rated A
  • Floor Furnace

About This Home

As of March 2013

Two houses on one lot. Front house is 2 bedrooms 1 bath and the rear house off alley is 1 bedroom 1 bath. The bathroom in the front house has been recently remodeled. There is a free-standing single car garage for the front house and the rear has a private uncovered space off the alley. There is a shared rear yard between the units. A nice Eastside location close to all shopping and the beach. The City of Costa Mesa has made recent improvements to Broadway.

Last Agent to Sell the Property

Mark Jackson

The Ballast Group License #00891915 Listed on: 02/01/2013

Last Buyer's Agent

Danube Marandi

Berkshire Hathaway HomeService License #01108863

Berkshire Hathaway HomeService

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,062

Year Built

  • Built in 1952

Lot Details

  • 7,782 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 516 Sq Ft Home
  • Carpet

Kitchen

  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Floor Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 7
  • Tax Tract Number 377
  • Assessor Parcel Number 42523324

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $100
  • Insurance Expense $300
  • Trash Expense $100
  • Water Sewer Expense $150
  • New Taxes Expense $8,125
  • Gross Income $2,925
  • Net Operating Income $300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,062

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Inclusions: Free standing Oven/Range in both units.
  • Property Attached: No
  • Subdivision Name Other: Eastside Central (ECCM)
  • Water Sewer Expenses: 150.00
  • Property Type: Residential Income
  • Parcel Number: 42523324
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 1298.45

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Heating Type: Floor Furnace
  • Laundry Features: In Garage
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7782.00
  • Lot Size Acres: 0.1790

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 100.00
  • Gross Income: 2925.00
  • Gross Scheduled Income: 35100.00
  • Insurance Expense: 300.00
  • Lot Size Area: 7782.0000 Square Feet
  • Net Operating Income: 300.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 300.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8125.00
  • Taxes Percent: 1.25
  • Tax Lot: 7
  • Tax Tract Number: 377
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2013
Closed on
Feb 26, 2013
Sold by
Brokaw Sylvia B
Bought by
Edos Investments Llc
Seller's Agent
Mark Jackson
The Ballast Group
Buyer's Agent
Danube Marandi
Berkshire Hathaway HomeService
List Price
$655,000
Sold Price
$670,000
Premium/Discount to List
$15,000
2.29%
Current Estimated Value
$1,833,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,163,145
Avg. Annual Appreciation
8.46%

Purchase Details

Listed on
Feb 1, 2013
Closed on
Jan 31, 2013
Sold by
Brokaw Sylvia B
Bought by
Brokaw Sylvia B
Seller's Agent
Mark Jackson
The Ballast Group
Buyer's Agent
Danube Marandi
Berkshire Hathaway HomeService
List Price
$655,000
Sold Price
$670,000
Premium/Discount to List
$15,000
2.29%

Purchase Details

Closed on
Sep 19, 1994
Sold by
Brokaw Charles Philip and Brokaw Sylvia
Bought by
Brokaw C Philip and Brokaw Sylvia B
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
Edos Investments Llc $670,000 First American Title Company
Brokaw Sylvia B -- None Available
Brokaw Sulvia B -- None Available
Brokaw C Philip -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2013 03/06/13 Sold $670,000 +2.3% $1,298 / Sq Ft
02/14/2013 02/14/13 Pending -- -- --
02/01/2013 02/01/13 For Sale $655,000 -- $1,269 / 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 $10,062 $825,051 $776,657 $48,394
2024 $10,062 $808,874 $761,428 $47,446
2023 $9,726 $793,014 $746,498 $46,516
2022 $9,434 $777,465 $731,861 $45,604
2021 $9,144 $762,221 $717,511 $44,710
2020 $9,028 $754,406 $710,154 $44,252
2019 $8,830 $739,614 $696,229 $43,385
2018 $8,650 $725,112 $682,577 $42,535
2017 $8,509 $710,895 $669,194 $41,701
2016 $8,331 $696,956 $656,072 $40,884
2015 $8,254 $686,488 $646,218 $40,270
2014 $8,071 $673,041 $633,559 $39,482
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP13014114

California Regional Multiple Listing Service (CRMLS)

APN: 425-233-24