NOT LISTED FOR SALE

16629 Montego Way Tustin, CA 92780

Estimated Value: $579,000 - $682,000

3 Beds
1.5 Baths
1,188 Sq Ft
$288/mo HOA Fee

Last Sold January 12, 2023

Last sale price $518,000 $436 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,202/month

12 Days on Market

Highlights

  • Clubhouse
  • Granite Countertops
  • Community Pool
  • Foothill High School Rated A
  • L-Shaped Dining Room
  • Crown Molding

About This Home

As of January 2023

GREAT OPPORTUNITY TO OWN IN ORANGE COUNTY!!! THIS PROPERTY OFFERS 3 BEDROOMS, 1.5 BATHS, A GREAT KITCHEN WITH A BREAKFAST BAR, A LARGE LIVING ROOM WITH A COZY FIREPLACE, INSIDE LAUNDRY, AND BEAUTIFUL CEILING FANS THROUGHOUT. TO BOOT, THIS PROPERTY INCLUDES A LARGE PRIVATE PATIO, ASSIGNED PARKING IN FRONT OF THE HOME, TWO COMMUNITY POOLS, A PLAYGROUND, AND A CLUB HOUSE!!
DON'T MISS OUT! COME SEE THIS HOME AND MAKE IT YOUR OWN!!!

Last Agent to Sell the Property

Alma Martinez

T.N.G. Real Estate Consultants License #01395700 Listed on: 12/10/2022

T.N.G. Real Estate Consultants

Last Buyer's Agent

Vivian Chan

eHomes License #02047540

eHomes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,078

Year Built

  • Built in 1964

Lot Details

  • 592

HOA Fees

  • $288 Monthly HOA Fees

Interior Spaces

  • 1,188 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Ceiling Fan
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Granite Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Parking

  • Parking Available
  • Assigned Parking

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Patio
  • Two or More Common Walls

Listing and Financial Details

  • Tax Lot 108
  • Tax Tract Number 5142
  • Assessor Parcel Number 40228262

Community Details

Overview

  • 50 Units
  • La Palma Hills Management Group Association, Phone Number (714) 956-2012
  • La Palma Seals HOA

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,078

Year Built

Built in 1964

Lot Details

0

HOA Fees

$288 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 40228262
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1188.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Granite Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Ell
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 436.03
  • Room Type: All Bedrooms Up
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Playground, Clubhouse
  • Association Fee: 288.00
  • Association Fee Frequency: Monthly
  • Association Name: La Palma Hills Management Group
  • Phone: 714-956-2012
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: La Palma Seals

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: 50
  • Number Of Units Total: 50

Tax Info

  • Tax Census Tract: 744.08
  • Tax Lot: 108
  • Tax Tract Number: 5142

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2022
Closed on
Dec 27, 2022
Sold by
Alcala Family Trust
Bought by
Song Bibo and Wei Chen
Seller's Agent
Alma Martinez
T.N.G. Real Estate Consultants
Buyer's Agent
Vivian Chan
eHomes
List Price
$520,000
Sold Price
$518,000
Premium/Discount to List
-$2,000
-0.38%
Total Days on Market
12
Views
107
Current Estimated Value
$641,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,975
Avg. Annual Appreciation
9.39%
Original Mortgage
$466,200
Outstanding Balance
$453,960
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$188,015

Purchase Details

Closed on
Apr 9, 2014
Sold by
Alcala Jose and Alcala Maria N
Bought by
Alcala Family Trust

Purchase Details

Closed on
Oct 2, 1993
Sold by
Lupercio Miguel
Bought by
Alcala Jose and Alcala Maria N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
6.85%
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 Buyer Sale Price Title Company
Song Bibo $518,000 First American Title
Alcala Family Trust -- None Available
Alcala Jose -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Song Bibo $466,200
Previous Owner Alcala Jose $83,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2023 01/12/23 Sold $518,000 -0.4% $436 / Sq Ft
12/22/2022 12/22/22 Pending -- -- --
12/10/2022 12/10/22 For Sale $520,000 -- $438 / 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 $6,078 $528,360 $460,166 $68,194
2023 $2,330 $179,394 $104,880 $74,514
2022 $2,282 $175,877 $102,824 $73,053
2021 $2,239 $172,429 $100,808 $71,621
2020 $2,225 $170,661 $99,774 $70,887
2019 $2,178 $167,315 $97,817 $69,498
2018 $2,143 $164,035 $95,899 $68,136
2017 $2,107 $160,819 $94,019 $66,800
2016 $2,071 $157,666 $92,175 $65,491
2015 $2,159 $155,298 $90,790 $64,508
2014 $2,108 $152,256 $89,011 $63,245
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22253881

California Regional Multiple Listing Service (CRMLS)

APN: 402-282-62