NOT LISTED FOR SALE

16647 Montego Way Tustin, CA 92780

Estimated Value: $635,000 - $689,000

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

Last Sold August 18, 2022

Last sale price $525,000 $442 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,322/month

44 Days on Market

Highlights

  • Community Pool
  • Foothill High School Rated A
  • Laundry Room

About This Home

As of August 2022

Condo with 3 bedrooms 1 and 1/2 bath. The living room has laminate floors and a chimney and there is a 1/2 bathroom on the first floor. On the 2nd floor are all 3 bedrooms with a full bathroom. The stairs have tile floors. It has a Patio. Perfect for first time buyers or investors. Must see to appreciate!

Last Agent to Sell the Property

Alicia Fombona

Island Legacy Holdings, Inc. License #01367461 Listed on: 06/03/2022

Island Legacy Holdings, Inc.

Last Buyer's Agent

Linda Lawrence

First Team Real Estate License #02059404

First Team Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,228

Year Built

  • Built in 1964

Lot Details

  • Two or More Common Walls

HOA Fees

  • $288 Monthly HOA Fees

Interior Spaces

  • 1,188 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Utilities

  • Water Not Available
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 111
  • Tax Tract Number 5142
  • Assessor Parcel Number 40228265
  • $471 per year additional tax assessments

Community Details

Overview

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

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,228

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: 40228265
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1188.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: Two
  • Price Per Square Foot: 441.92
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 288.00
  • Association Fee Frequency: Monthly
  • Association Name: La Palma Seals Management Corporation
  • Phone: (714)956-2012
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: La Palma

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: 1

Tax Info

  • Tax Census Tract: 744.08
  • Tax Lot: 111
  • Tax Tract Number: 5142
  • TaxOtherAnnualAssessmentAmount: 471.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Aug 12, 2022
Sold by
Shannon Hoos
Bought by
Hoos Stephen P
Seller's Agent
Alicia Fombona
Island Legacy Holdings, Inc.
Buyer's Agent
Linda Lawrence
First Team Real Estate
List Price
$579,000
Sold Price
$525,000
Premium/Discount to List
-$54,000
-9.33%
Views
1
Current Estimated Value
$665,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,512
Avg. Annual Appreciation
7.86%
Original Mortgage
$472,500
Outstanding Balance
$451,599
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$212,216

Purchase Details

Listed on
Jun 3, 2022
Closed on
Jul 18, 2022
Sold by
Hugo Ruiz Victor
Bought by
Hoos Stephen P
Seller's Agent
Alicia Fombona
Island Legacy Holdings, Inc.
Buyer's Agent
Linda Lawrence
First Team Real Estate
List Price
$579,000
Sold Price
$525,000
Premium/Discount to List
-$54,000
-9.33%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Outstanding Balance
$451,599
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$212,216

Purchase Details

Closed on
Nov 4, 2003
Sold by
Quintero Teresa Ruiz
Bought by
Ruiz Victor Hugo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2003
Sold by
Cambara Adela
Bought by
Ruiz Victor Hugo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2002
Sold by
Dominguez Israel and Gutierrez Leticia
Bought by
Cambara Adela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,100
Interest Rate
7.18%

Purchase Details

Closed on
Dec 29, 2000
Sold by
Dominguez Sergio
Bought by
Dominguez Israel and Gutierrez Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,162
Interest Rate
7.71%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 3, 2000
Sold by
Dunmoyer C Curt and Dunmoyer Tonnie R
Bought by
Dominguez Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,162
Interest Rate
7.71%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 15, 1998
Sold by
Dunmoyer Charles C and Dunmoyer Tonnie R
Bought by
Dunmoyer C Curt and Dunmoyer Tonnie R
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hoos Stephen P -- Stewart Title
Hoos Stephen P $525,000 Stewart Title
Ruiz Victor Hugo -- First American Title Co
Ruiz Victor Hugo -- First American Title Co
Cambara Adela $172,000 Stewart Title
Dominguez Israel -- Stewart Title
Dominguez Sergio $150,000 Orange Coast Title Company
Dunmoyer C Curt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoos Stephen P $472,500
Previous Owner Ruiz Victor Hugo $40,000
Previous Owner Ruiz Victor Hugo $302,625
Previous Owner Ruiz Victor Hugo $260,000
Previous Owner Ruiz Victor Hugo $196,000
Previous Owner Cambara Adela $152,100
Previous Owner Dominguez Sergio $131,162
Closed Dominguez Sergio $29,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2022 08/18/22 Sold $525,000 +1.2% $442 / Sq Ft
07/17/2022 07/17/22 Pending -- -- --
06/16/2022 06/16/22 Price Changed $519,000 -10.4% $437 / Sq Ft
06/03/2022 06/03/22 For Sale $579,000 -- $487 / 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 $6,228 $546,210 $480,553 $65,657
2024 $6,228 $535,500 $471,130 $64,370
2023 $6,075 $525,000 $461,892 $63,108
2022 $3,984 $334,941 $260,583 $74,358
2021 $3,905 $328,374 $255,474 $72,900
2020 $3,884 $325,007 $252,854 $72,153
2019 $3,793 $318,635 $247,896 $70,739
2018 $3,731 $312,388 $243,036 $69,352
2017 $3,667 $306,263 $238,270 $67,993
2016 $3,309 $273,000 $212,919 $60,081
2015 $3,432 $273,000 $212,919 $60,081
2014 $2,893 $225,459 $165,378 $60,081
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22119741

California Regional Multiple Listing Service (CRMLS)

APN: 402-282-65