NOT LISTED FOR SALE

Estimated Value: $1,610,356 - $2,111,000

4 Beds
3 Baths
1,650 Sq Ft
$1,140/Sq Ft Est. Value

Last Sold April 19, 2019

Last sale price $1,250,000 $758 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $10,100/month

4 Days on Market

Highlights

  • Guest House
  • Wood Flooring
  • No HOA
  • Heinz Kaiser Elementary School Rated A
  • Lawn
  • Double Pane Windows

About This Home

As of April 2019

Beautiful Bungalows by the Sea.  10 Minute bike ride to the Ocean/Beaches/Back Bay.  Super Easy Freeway Access, just minutes to the 55 FWY.  Two houses on a lot. RV Access and Storage onsite includes RV drain.  Park as many as six cars.  3 car garage. No HOA.  No Mello Roos. No one above or below.  Separate Entrances to each residence, Separate backyards, Separate Parking.  Can't even tell this is a duplex.  Perfect for the owner occupant who would like income to help offset a mortgage.  Main house has been beautifully upgraded.  Acacia wood flooring throughout.  High end finishes in both bathrooms.  Triple bull nose granite in the kitchen that is both unique and spectacular.  Unbelievable location. Only 20 minutes to Disneyland. 10 minutes from John Wayne Airport. Perfectly located in Orange County. Close to every amenity Costa Mesa has to offer.  Restaurants, Trader Joe's, Mothers, The Triangle, Beaches and much more just a short bike ride away.

Last Agent to Sell the Property

Brandon Svihl

Vista Real Estate Corp. License #01492279 Listed on: 03/29/2019

Last Buyer's Agent

Jeffrey Butcher

Pacific Coast Realty Group License #01104911

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,017

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 6,250 Sq Ft Lot
  • No Common Walls
  • Privacy Fence
  • Vinyl Fence
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Lawn
  • Back and Front Yard

Parking

  • 7 Open Parking Spaces
  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Duplex
  • Bungalow
  • Combination Foundation
  • Shingle Roof
  • HardiePlank Type

Interior Spaces

  • 1,650 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Double Pane Windows
  • Wood Flooring
  • Sump Pump

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts in Workshop
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • No Interior Steps
  • Guest House

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 377
  • Assessor Parcel Number 42523321

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $12,000
  • Water Sewer Expense $690
  • New Taxes Expense $16,250
  • Operating Expense $29,840
  • Gross Income $19,200
  • Net Operating Income $33,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,017

Year Built

Built in 1925 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Inclusions: Stove, microwave, dishwasher
  • Other Phone Description: (949)836-1754
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • Subdivision Name Other: Eastside South (ESCM)
  • Water Sewer Expenses: 690.00
  • Architectural Style: Bungalow
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 42523321
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Interior Amenities: Pantry, Recessed Lighting, Sump Pump
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 757.58
  • Room Type: All Bedrooms Down, Kitchen, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Combination
  • Other Structures: Guest House
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Privacy, Vinyl
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Hardiplank Type

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 7.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Water Heater
  • Electric: 220 Volts in Workshop
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Level with Street, Sprinkler System
  • Lot Size Sq Ft: 6250.00
  • Lot Size Acres: 0.1435

Multi Family

  • Gross Income: 19200.00
  • Gross Scheduled Income: 63000.00
  • Insurance Expense: 12000.00
  • Lot Size Area: 6250.0000 Square Feet
  • Net Operating Income: 33160.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 29840.00
  • Rent Control: No
  • Total Actual Rent: 1600.00
  • Total Expenses: 29840.00

Tax Info

  • New Taxes Expense: 16250.00
  • Tax Census Tract: 633.01
  • Tax Lot: 2
  • Tax Tract Number: 377

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2019
Closed on
Jun 4, 2019
Sold by
Hammond Donna J
Bought by
Hammond Donna J and The Hammond Family Trust
Seller's Agent
Brandon Svihl
Vista Real Estate Corp.
Buyer's Agent
Jeffrey Butcher
Pacific Coast Realty Group
List Price
$1,299,000
Sold Price
$1,250,000
Premium/Discount to List
-$49,000
-3.77%
Current Estimated Value
$1,881,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$631,589
Avg. Annual Appreciation
6.46%

Purchase Details

Listed on
Mar 29, 2019
Closed on
Apr 3, 2019
Sold by
Svihl Brandon J
Bought by
Hammond Donna J
Seller's Agent
Brandon Svihl
Vista Real Estate Corp.
Buyer's Agent
Jeffrey Butcher
Pacific Coast Realty Group
List Price
$1,299,000
Sold Price
$1,250,000
Premium/Discount to List
-$49,000
-3.77%

Purchase Details

Listed on
Dec 31, 2012
Closed on
Jan 31, 2013
Sold by
Bank Of American National Association
Bought by
Svihl Brandon Jj
Seller's Agent
Claudia Savino
Coldwell Banker Realty
Buyer's Agent
Claudia Savino
Coldwell Banker Realty
List Price
$589,900
Sold Price
$625,000
Premium/Discount to List
$35,100
5.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.97%
Original Mortgage
$500,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2012
Sold by
Kolbly Jerry
Bought by
Bank Of America National Association

Purchase Details

Closed on
May 19, 2004
Sold by
Marshall Ryan S
Bought by
Kolbly Jerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,500
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2004
Sold by
Kolbly Liza
Bought by
Kolbly Jerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,500
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2001
Sold by
Nordlund Marcia Y
Bought by
Marshall Ryan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.99%

Purchase Details

Closed on
Jan 1, 2000
Sold by
Paul Nordlund
Bought by
Nordlund Marcia Y

Purchase Details

Closed on
Jun 1, 1995
Sold by
Nordlund Marcia Y
Bought by
Nordlund Paul

Purchase Details

Closed on
Jan 28, 1994
Sold by
Brink Frank D and Jean Brink I
Bought by
Nordlund Marcia
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
Hammond Donna J -- None Available
Hammond Donna J $1,250,000 Lawyers Title
Svihl Brandon J -- Lawyers Title Company
Svihl Brandon Jj $625,000 First American Title Company
Bank Of America National Association $707,058 Accommodation
Kolbly Jerry $710,000 Chicago Title Company
Kolbly Jerry -- Chicago Title Company
Marshall Ryan S $285,000 Chicago Title Co
Nordlund Marcia Y -- --
Nordlund Paul $88,000 --
Nordlund Marcia $170,000 World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Svihl Brandon Jj $500,000
Previous Owner Kolbly Jerry $532,500
Previous Owner Marshall Ryan S $228,000
Closed Marshall Ryan S $42,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/19/2019 04/19/19 Sold $1,250,000 -3.8% $758 / Sq Ft
04/02/2019 04/02/19 Pending -- -- --
03/29/2019 03/29/19 For Sale $1,299,000 +107.8% $787 / Sq Ft
03/05/2013 03/05/13 Sold $625,000 +6.0% $424 / Sq Ft View Prior Sale
01/21/2013 01/21/13 Pending -- -- --
12/31/2012 12/31/12 For Sale $589,900 -- $400 / 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 $3,017 $156,522 $102,918 $53,604
2024 $3,017 $153,453 $100,900 $52,553
2023 $2,847 $150,445 $98,922 $51,523
2022 $2,670 $147,496 $96,983 $50,513
2021 $2,509 $144,604 $95,081 $49,523
2020 $14,374 $1,275,000 $1,232,645 $42,355
2019 $8,172 $689,938 $652,764 $37,174
2018 $8,004 $676,410 $639,964 $36,446
2017 $7,873 $663,148 $627,416 $35,732
2016 $7,709 $650,146 $615,114 $35,032
2015 $7,638 $640,381 $605,875 $34,506
2014 $7,469 $627,837 $594,006 $33,831
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18234687

California Regional Multiple Listing Service (CRMLS)

APN: 425-233-21