$480,000
SOLD JUL 20, 2015
2 Beds
1 Bath
1,000 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$480 Per Sq Ft

3% Below List Price

25 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Back and Front Yard
  • Horace Ensign Intermediate School Rated A

About This Home

As of July 2015

Incredible investment opportunity to own a single family home on a high density, multifamily, lot. Zoned R2-HD, the lot can hold one dwelling unit per 3,000 square fee (per City of Costa Mesa). Current property needs a little TLC, but plumbing and gas lines have been replaced (per owner) which are BIG ticket costs. Don't delay, CALL TODAY!

Last Agent to Sell the Property

David Wilfert

Joseph Gargen, Broker License #01861699 Listed on: 06/01/2015

Co-Listed By

Robert Wilfert

Joseph Gargen, Broker License #01972789

Last Buyer's Agent

Quentin Priddy

Compass License #01942146

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,785

Year Built

  • Built in 1947

Lot Details

  • 7,405 Sq Ft Lot
  • Back and Front Yard

Parking

  • 1 Car Garage

Home Design

  • 1,000 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 1 Full Bathroom

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 504
  • Tax Tract Number 517
  • Assessor Parcel Number 42424137

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,785

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42424137
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1000.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 480.00
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Storm Drains, Suburban

Lot Info

  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 7405.00
  • Price Per Lot Square Foot: 64.82
  • Lot Size Acres: 0.1700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7405.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 504
  • Tax Tract Number: 517

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2015
Closed on
Jul 2, 2015
Sold by
Rau David L
Bought by
Soni Neil and Pinto Dezina
Seller's Agent
David Wilfert
Joseph Gargen, Broker
Buyer's Agent
Quentin Priddy
Compass
List Price
$495,000
Sold Price
$480,000
Premium/Discount to List
-$15,000
-3.03%
Total Days on Market
25
Current Estimated Value
$1,544,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,064,219
Avg. Annual Appreciation
13.59%
Original Mortgage
$275,000
Interest Rate
3.85%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Grant Deed $480,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $380,000 New Conventional
Closed $275,000 New Conventional
Previous Owner $141,462 New Conventional
Previous Owner $75,000 Credit Line Revolving
Previous Owner $170,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2018 03/15/18 Rented $4,300 0.0% --
03/01/2018 03/01/18 Under Contract -- -- --
02/26/2018 02/26/18 Price Changed $4,300 -2.3% $2 / Sq Ft
01/30/2018 01/30/18 For Rent $4,400 0.0% --
07/20/2015 07/20/15 Sold $480,000 -3.0% $480 / Sq Ft
06/26/2015 06/26/15 Pending -- -- --
06/22/2015 06/22/15 For Sale $495,000 0.0% $495 / Sq Ft
06/15/2015 06/15/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $495,000 -- $495 / 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 $17,785 $1,477,564 $518,702 $958,862
2023 $17,125 $1,448,593 $508,532 $940,061
2022 $16,394 $1,420,190 $498,561 $921,629
2021 $15,774 $1,392,344 $488,786 $903,558
2020 $15,594 $1,378,068 $483,774 $894,294
2019 $15,258 $1,351,048 $474,289 $876,759
2018 $13,345 $1,238,597 $464,989 $773,608
2017 $7,118 $644,829 $455,872 $188,957
2016 $5,692 $480,000 $446,934 $33,066
2015 $1,003 $40,830 $20,875 $19,955
2014 $985 $40,031 $20,466 $19,565
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15116457

California Regional Multiple Listing Service (CRMLS)

APN: 424-241-37