Seller's Agent in 2021
Danny Murphy
First Team Real Estate
(949) 413-6967
2 in this area
104 Total Sales
188 Merrill Place Costa Mesa, CA 92627
Eastside Costa Mesa NeighborhoodEstimated Value: $1,803,000 - $2,730,000
5
Beds
3.5
Baths
2,598
Sq Ft
$927/Sq Ft
Est. Value
Highlights
- Parking available for a boat
- Detached Guest House
- Primary Bedroom Suite
- Heinz Kaiser Elementary School Rated A
- Second Garage
- All Bedrooms Downstairs
About This Home
As of September 2021PRICE REDUCED TO SELL NOW! DON'T MISS THE OPPORTUNITY TO BUY THIS EXCEPTIONAL PROPERTY! Two Custom Homes on a large lot with several private backyards. A true trophy property in Eastside Costa Mesa adjacent to the Upper Newport Beach Back Bay. Both houses have 2012 new construction. The FRONT HOUSE has a newly designed California room adding additional space and offers indoor and outdoor living with a drought tolerant designed new landscaping backyard, with three bedrooms upstairs, an office downstairs and attached garage. The SECOND HOUSE (a single story masterpiece) is also new construction in 2012 with a newly designed “work space” room attached to an extra-long two car garage, and a private backyard. Between these two custom homes is a very large and useful driveway with an abundance of space for an RV, boat, and multiple automobiles. The front house kitchen overlooks the California room with a night lit backyard, and a vegetable garden. The master bedroom offers one of four television locations and an audio/visual closet for the built-in stereo/surround sound throughout and multiple televisions. New wood flooring with new lighting mostly LED and a new underground watering system. The second house has an office nook with two built-in desks and cabinetry. The master bedroom has custom built-in dressers in the closet and a sliding glass door that opens to a private garden with thirty foot trees for exceptional privacy. Close to Upper Newport Back Bay with walking & biking trails/other So Cal outdoor activities. Centrally located to world class beaches, fine dining/entertainment. Easy access to John Wayne airport, the 55, 405, PCH & toll roads. This is a ONE OF A KIND property!
Last Agent to Sell the Property
First Team Real Estate License #01867197 Listed on: 06/10/2021
Home Details
Home Type
- Single Family
Year Built
- Built in 2012 | Remodeled
Lot Details
- 7,405 Sq Ft Lot
- Vinyl Fence
- Wood Fence
- Block Wall Fence
- Fence is in excellent condition
- Paved or Partially Paved Lot
- Level Lot
- Drip System Landscaping
- Sprinklers Throughout Yard
- Lawn
- Garden
Parking
- 3 Car Garage
- 6 Open Parking Spaces
- Second Garage
- Parking Available
- Front Facing Garage
- Tandem Uncovered Parking
- Two Garage Doors
- Garage Door Opener
- Driveway Level
- Parking available for a boat
- RV Access or Parking
Home Design
- Custom Home
- Craftsman Architecture
- Turnkey
- Block Foundation
- Slab Foundation
- Fire Rated Drywall
- Shingle Roof
- Composition Roof
- Vinyl Siding
- Pre-Cast Concrete Construction
- Copper Plumbing
- Stucco
Interior Spaces
- 2,598 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Furnished
- Wired For Sound
- Wired For Data
- Cathedral Ceiling
- Ceiling Fan
- Skylights
- Recessed Lighting
- Gas Fireplace
- Double Pane Windows
- Custom Window Coverings
- Roller Shields
- Window Screens
- Sliding Doors
- Family Room Off Kitchen
- Living Room with Fireplace
- Home Office
- Storage
- Utility Room
- Neighborhood Views
Kitchen
- Updated Kitchen
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Gas Oven
- Built-In Range
- Microwave
- Water Line To Refrigerator
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Bamboo
- Laminate
- Stone
Bedrooms and Bathrooms
- 5 Bedrooms | 2 Main Level Bedrooms
- All Bedrooms Down
- All Upper Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Mirrored Closets Doors
- Remodeled Bathroom
- Granite Bathroom Countertops
- Makeup or Vanity Space
- Dual Vanity Sinks in Primary Bathroom
- Bathtub with Shower
- Walk-in Shower
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
- Washer
Home Security
- Home Security System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Enclosed Patio or Porch
- Exterior Lighting
Location
- Property is near public transit
- Suburban Location
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 220 Volts For Spa
- Natural Gas Connected
- Gas Water Heater
- Sewer Paid
Additional Features
- Doors swing in
- Detached Guest House
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 262
- Tax Tract Number 516
- Assessor Parcel Number 42613214
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 10, 2021
Closed on
Aug 12, 2021
Sold by
Susan Carol Trust and Carol Susan
Bought by
Itzen Justin R and Itzen Rebecca A
Seller's Agent
Danny Murphy
First Team Real Estate
Buyer's Agent
Justin Itzen
The Oppenheim Group
List Price
$2,099,999
Sold Price
$1,975,000
Premium/Discount to List
-$124,999
-5.95%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,158
Avg. Annual Appreciation
4.70%
Original Mortgage
$1,560,000
Outstanding Balance
$1,466,438
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$942,720
Purchase Details
Listed on
Jul 11, 2012
Closed on
Jul 26, 2012
Sold by
Meyer Scott and Meyer Laurel
Bought by
Carol Susan
Seller's Agent
AJ Olson Whitfield
Pacific Sotheby's Int'l Realty
Buyer's Agent
Danny Murphy
First Team Real Estate
List Price
$995,000
Sold Price
$995,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%
Purchase Details
Closed on
Feb 17, 2010
Sold by
Meyer Scott and Meyer Laurel
Bought by
Meyer Scott and Meyer Laurel
Purchase Details
Closed on
Sep 19, 2008
Sold by
Johnson Myrna Susan
Bought by
Johnson Charles
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
6.49%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Sep 3, 2008
Sold by
Tara Singh Gayle E Hollands
Bought by
Meyer Scott and Meyer Laurel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
6.49%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Jun 4, 2003
Sold by
Bolding James W
Bought by
Bolding James W
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Itzen Justin R | $1,975,000 | Western Resources | |
| Carol Susan | $955,000 | Equity Title Company | |
| Meyer Scott | -- | Accommodation | |
| Johnson Charles | -- | Stewart Title Irvine | |
| Meyer Scott | $565,000 | Stewart Title Irvine | |
| Bolding James W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Itzen Justin R | $1,560,000 | |
| Previous Owner | Johnson Charles | $452,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/15/2021 09/15/21 | Sold | $1,975,000 | 0.0% | $760 / Sq Ft | |
| 08/02/2021 08/02/21 | Price Changed | $1,975,000 | -1.2% | $760 / Sq Ft | |
| 07/27/2021 07/27/21 | Price Changed | $1,999,998 | 0.0% | $770 / Sq Ft | |
| 06/21/2021 06/21/21 | Price Changed | $1,999,999 | -4.8% | $770 / Sq Ft | |
| 06/10/2021 06/10/21 | For Sale | $2,099,999 | +111.1% | $808 / Sq Ft | |
| 08/13/2012 08/13/12 | Sold | $995,000 | 0.0% | $383 / Sq Ft | View Prior Sale |
| 07/31/2012 07/31/12 | Pending | -- | -- | -- | |
| 07/11/2012 07/11/12 | For Sale | $995,000 | -- | $383 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $23,172 | $2,095,885 | $1,776,593 | $319,292 |
| 2024 | $23,172 | $2,054,790 | $1,741,758 | $313,032 |
| 2023 | $22,531 | $2,014,500 | $1,707,605 | $306,895 |
| 2022 | $22,029 | $1,975,000 | $1,674,122 | $300,878 |
| 2021 | $12,482 | $1,086,452 | $882,534 | $203,918 |
| 2020 | $12,333 | $1,075,312 | $873,484 | $201,828 |
| 2019 | $12,064 | $1,054,228 | $856,357 | $197,871 |
| 2018 | $11,818 | $1,033,557 | $839,565 | $193,992 |
| 2017 | $11,692 | $1,013,292 | $823,103 | $190,189 |
| 2016 | $11,443 | $993,424 | $806,964 | $186,460 |
| 2015 | $11,336 | $978,502 | $794,842 | $183,660 |
| 2014 | $11,081 | $959,335 | $779,272 | $180,063 |
Source: Public Records
Agents Affiliated with this Home
-
Danny Murphy
-
Justin Itzen
Buyer's Agent in 2021
Justin Itzen
The Oppenheim Group
(949) 339-4184
4 in this area
101 Total Sales
-
AJ Olson Whitfield
Seller's Agent in 2012
AJ Olson Whitfield
Pacific Sotheby's Int'l Realty
(949) 433-8989
5 in this area
42 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21124349
APN: 426-132-14
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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