NOT LISTED FOR SALE

Estimated Value: $2,397,000 - $2,565,503

5 Beds
4 Baths
2,356 Sq Ft
$1,055/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $2,125,000 $902 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $15,521/month

24 Days on Market

Highlights

  • Main Floor Bedroom
  • No HOA
  • Living Room
  • Heinz Kaiser Elementary School Rated A
  • Neighborhood Views
  • Laundry Room

About This Home

As of August 2023

181 Costa Mesa is an alluring turn-key property that is primed for any number of living situations. A large, landscaped front yard welcomes you to this immaculate property. Located in the heart of Costa Mesa, the two detached homes on a single 6,000+/- sq/ft lot offer opportunities abound. The single level lower home contains three bedrooms, and two full baths. Sliding glass doors open to a gated, large side patio. The updated kitchen opens to a great room where natural light pours in. The upper two bedroom, two bath unit sits above the four (4!) car garage. Both units have newer, high-end finishes and appliances (including HVAC). Both properties are currently rented out and provide a strong rent roll. The owner has plans for adding an ADU, utilizing a bonus space in the garage. The property is in the ‘sweet-spot’ of Costa Mesa. A block to the triangle, 17th street, restaurants, and shopping. Located within the enviable Newport-Mesa School district.

Last Agent to Sell the Property

Michael Johnson

Compass License #01429647 Listed on: 07/07/2023

Compass

Last Buyer's Agent

Mark Taylor

Compass License #01877391

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,996

Year Built

  • Built in 1953

Lot Details

  • 6,098 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 3 Open Parking Spaces
  • 4 Car Garage

Interior Spaces

  • 2,356 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 172
  • Tax Tract Number 516
  • Assessor Parcel Number 42603117

Community Details

Overview

  • No Home Owners Association
  • Eastside Central Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,996

Year Built

Built in 1953

Lot Details

0

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: MJ Group
  • Other Phone Number: 949-207-3735
  • Property Attached: No
  • Subdivision Name Other: Eastside Central (ECCM)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42603117
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2356.00 Square Feet
  • Stories: 1
  • Entry Location: Street
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Levels: One, Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 901.95
  • Room Type: Family Room, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.00
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6098.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 632.02
  • Tax Lot: 172
  • Tax Tract Number: 516

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Aug 4, 2023
Sold by
Aab Real Estate Llc
Bought by
Kowal Elisa and Ligon Matthew
Seller's Agent
Michael Johnson
Compass
Buyer's Agent
Mark Taylor
Compass
List Price
$2,245,000
Sold Price
$2,125,000
Premium/Discount to List
-$120,000
-5.35%
Views
70
Current Estimated Value
$2,486,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,376
Avg. Annual Appreciation
8.09%
Original Mortgage
$1,700,000
Outstanding Balance
$1,654,154
Interest Rate
5.65%
Mortgage Type
New Conventional
Estimated Equity
$832,222

Purchase Details

Listed on
Nov 21, 2020
Closed on
Dec 29, 2020
Sold by
Murray William R and Murray Geraldine M
Bought by
Aab Real Estate Llc
Seller's Agent
Devin Lucas
Coldwell Banker Realty
Buyer's Agent
Michael Johnson
Compass
List Price
$1,760,000
Sold Price
$1,725,000
Premium/Discount to List
-$35,000
-1.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.32%

Purchase Details

Closed on
Dec 3, 1993
Sold by
Muniz Alfred M
Bought by
Murray William R and Murray Geraldine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,900
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kowal Elisa -- First American Title
Aab Real Estate Llc $1,725,000 Lawyers Title Company
Murray William R $210,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kowal Elisa $1,700,000
Previous Owner Murray William R $350,000
Previous Owner Murray William R $250,000
Previous Owner Murray William R $171,000
Previous Owner Murray William R $186,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $2,125,000 -0.5% $902 / Sq Ft
07/31/2023 07/31/23 Pending -- -- --
07/26/2023 07/26/23 Price Changed $2,135,000 -4.9% $906 / Sq Ft
07/07/2023 07/07/23 For Sale $2,245,000 0.0% $953 / Sq Ft
02/20/2022 02/20/22 Rented $5,900 0.0% --
02/15/2022 02/15/22 Under Contract -- -- --
02/03/2022 02/03/22 For Rent $5,900 0.0% --
01/15/2021 01/15/21 Sold $1,725,000 -2.0% $732 / Sq Ft
11/21/2020 11/21/20 For Sale $1,760,000 -- $747 / 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 $23,996 $2,167,500 $1,963,919 $203,581
2024 $23,996 $2,125,000 $1,925,410 $199,590
2023 $20,293 $1,794,690 $1,608,779 $185,911
2022 $19,788 $1,759,500 $1,577,234 $182,266
2021 $5,907 $454,572 $262,022 $192,550
2020 $5,822 $449,911 $259,335 $190,576
2019 $5,691 $441,090 $254,250 $186,840
2018 $5,575 $432,442 $249,265 $183,177
2017 $5,488 $423,963 $244,377 $179,586
2016 $5,379 $415,650 $239,585 $176,065
2015 $5,329 $409,407 $235,986 $173,421
2014 $5,215 $401,388 $231,364 $170,024
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG23121460

California Regional Multiple Listing Service (CRMLS)

APN: 426-031-17