NOT LISTED FOR SALE

186 Lexington Ln Costa Mesa, CA 92626

Estimated Value: $899,000 - $941,000

3 Beds
2 Baths
1,320 Sq Ft
$694/Sq Ft Est. Value

Last Sold May 18, 2013

Last sale price $385,000 $292 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $5,595/month

31 Days on Market

Highlights

  • Private Pool
  • Ocean Side of Freeway
  • Traditional Architecture
  • Costa Mesa High School Rated A-
  • Open Floorplan
  • Wood Flooring

About This Home

As of May 2013

Centrally located in Costa Mesa, this home in the Monticello Townhomes is move-in ready! This upgraded property has been lovingly maintained and is ready for its new owner. The expansive living & dining space has gleaming wood floors and an updated light fixture. The kitchen has an open floor plan and features sleek solid surface counters, a pantry and breakfast bar. Modern sliders lead out to your private sun-filled patio retreat, which connects to an oversized 2-car garage with plenty of storage space. Powder room on 1st floor has shower and upgraded pedestal sink plus additional storage in entry hall. Upstairs there is a master bedroom with huge walk-in closet – don’t miss this! Two other well-sized bedrooms and bright, natural day lighting. The entire unit has upgraded windows and doors for energy efficiency. Other newer features include blinds, appliances, fixtures and more. Washer/dryer area located in patio closet. Steps to community pools, spas and club house. Unit comes with community parking permit and the low HOA dues of just $243 are among the lowest in Costa Mesa! Walk to OC Fair, Vanguard University, OCC, Starbucks, local schools & parks, Back Bay and so much more! Conveniently located by 405/55/73 access. What a find!

Last Agent to Sell the Property

Holly McDonald

Compass Newport Beach License #01892567 Listed on: 04/18/2013

Compass Newport Beach

Last Buyer's Agent

Mike Cocos

Legacy Real Estate License #00960721

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,730

Year Built

  • Built in 1964

Lot Details

  • 1,307 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $243 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Park or Greenbelt
  • Neighborhood

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,320 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Crown Molding
  • Double Pane Windows
  • Blinds
  • Sliding Doors
  • Storage
  • Laundry Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Ocean Side of Freeway
  • Patio

Additional Features

  • Suburban Location
  • Central Heating

Listing and Financial Details

  • Tax Lot 164
  • Tax Tract Number 5160
  • Assessor Parcel Number 41916440

Community Details

Overview

  • 330 Units

Recreation

  • Community Pool
  • Community Spa

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,730

Year Built

Built in 1964

Lot Details

0

HOA Fees

$243 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Monticello Townhomes (MONT)
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 41916440
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1320.00
  • Interior Amenities: Crown Molding, Open Floorplan, Pantry, Storage
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Area
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 291.67
  • Room Type: All Bedrooms Up
  • Spa Features: Association
  • Window Features: Blinds, Double Pane Windows

Exterior Features

  • Patio: Yes
  • View: Neighborhood, Park/Greenbelt
  • Patio And Porch Features: Patio
  • Pool Features: Association
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Water
  • Association Fee: 243.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Size Sq Ft: 1307.00
  • Lot Size Acres: 0.0300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1307.0000 Square Feet
  • Number Of Units In Community: 330
  • Number Of Units Total: 330
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Lot: 164
  • Tax Tract Number: 5160

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2013
Closed on
Apr 23, 2013
Sold by
Bahamon Noel and Yi Robert K
Bought by
Roberts Jennifer
Seller's Agent
Holly McDonald
Compass Newport Beach
Buyer's Agent
Mike Cocos
Legacy Real Estate
List Price
$374,900
Sold Price
$385,000
Premium/Discount to List
$10,100
2.69%
Current Estimated Value
$890,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$505,130
Avg. Annual Appreciation
7.18%
Original Mortgage
$337,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2009
Sold by
Yi Robert K and Yi Hiromi T
Bought by
Yi Robert K and Yi Hiromi T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 11, 2009
Sold by
Yi Robert K and Yi Hiromi T
Bought by
Yi Robert K and Yi Hiromi T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 11, 2008
Sold by
Yi Robert K and Yi Hiromi T
Bought by
Yi Robert K and Yi Hiromi T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 4, 2006
Sold by
Yi Noel
Bought by
Yi Robert K and Yi Hiromi T

Purchase Details

Closed on
May 22, 2006
Sold by
Yi Robert K and Yi Hiromi T
Bought by
Yi Noel

Purchase Details

Closed on
Aug 6, 2003
Sold by
Beal Gregory Patrick
Bought by
Yi Robert K and Yi Hiromi T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,400
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
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
Roberts Jennifer $385,000 Title365
Bahamon Noel -- Title365
Yi Robert K -- First American Title Company
Yi Robert K -- First American Title Company
Yi Robert K -- None Available
Yi Robert K -- None Available
Yi Noel -- None Available
Yi Robert K $305,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Jennifer $150,000
Open Roberts Jennifer $293,514
Closed Roberts Jennifer $320,000
Closed Roberts Jennifer $337,500
Previous Owner Yi Robert K $236,000
Previous Owner Yi Robert K $236,000
Previous Owner Yi Robert K $82,000
Previous Owner Yi Robert K $240,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2013 05/18/13 Sold $385,000 +2.7% $292 / Sq Ft
04/18/2013 04/18/13 Pending -- -- --
04/18/2013 04/18/13 For Sale $374,900 -2.6% $284 / Sq Ft
04/16/2013 04/16/13 Off Market $385,000 -- --
03/18/2013 03/18/13 For Sale $374,900 -- $284 / 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 $5,730 $474,093 $401,833 $72,260
2024 $5,730 $464,798 $393,954 $70,844
2023 $5,563 $455,685 $386,230 $69,455
2022 $5,440 $446,750 $378,656 $68,094
2021 $5,321 $437,991 $371,232 $66,759
2020 $5,256 $433,500 $367,425 $66,075
2019 $5,144 $425,000 $360,220 $64,780
2018 $5,041 $416,667 $353,157 $63,510
2017 $4,959 $408,498 $346,233 $62,265
2016 $4,856 $400,489 $339,444 $61,045
2015 $4,809 $394,474 $334,345 $60,129
2014 $4,702 $386,747 $327,795 $58,952
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13063695

California Regional Multiple Listing Service (CRMLS)

APN: 419-164-40