NOT LISTED FOR SALE

1881 Mitchell Ave Unit 40 Tustin, CA 92780

Estimated Value: $533,000 - $582,000

2 Beds
1.5 Baths
1,161 Sq Ft
1963 Built

Last Sold October 22, 2021

Last sale price $410,000 $353 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,893/month

26 Days on Market

Highlights

  • Spa
  • Clubhouse
  • Corner Lot
  • Gated Community
  • Park or Greenbelt View
  • Granite Countertops

About This Home

As of October 2021

Welcome home to this Desirable Tustin Park Villas Private two-story end unit on a premium interior location surrounded by lush grass areas and steps to the clubhouse and pool. The upgraded kitchen features custom cabinets, granite countertops & a backsplash with a breakfast bar that adjoins a cozy living room and dining area along with a convenient main floor bathroom. Off the large living room, there is a sliding glass door to access the spacious patio perfect for relaxing along with a storage shed. Two spacious bedrooms upstairs with mirrored closet doors each have direct access to the full bathroom with a walk-in shower and relaxing tub. Unit includes a detached 1-car shared garage offering space for additional storage and one assigned space with the parking permit. The HOA provides gated access for security, a pool, clubhouse, playground, and community laundry. In addition, the expense of water and trash is covered. Located near schools, shopping, dining, entertainment, and freeway access. This is a great opportunity to own or invest. Priced to sell! FHA-approved community with FHA203k plan available, call for more information!

Last Agent to Sell the Property

James Festini

eXp Realty of California Inc License #01192296 Listed on: 08/30/2021

eXp Realty of California Inc

Last Buyer's Agent

Thomas Lorini

eXp Realty of California Inc License #02049448

eXp Realty of California Inc

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1963

HOA Fees

  • $469 Monthly HOA Fees

Parking

  • 1 Car Garage
  • 1 Open Parking Space
  • Parking Available
  • Assigned Parking

Property Views

  • Park or Greenbelt
  • Neighborhood

Home Design

  • Cosmetic Repairs Needed

Interior Spaces

  • 1,161 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Concrete
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Outdoor Features

  • Spa
  • Patio
  • Exterior Lighting
  • Shed
  • Rear Porch

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Additional Features

  • 1 Common Wall
  • Suburban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 7925
  • Assessor Parcel Number 93282040
  • $462 per year additional tax assessments

Community Details

Overview

  • 150 Units
  • Tustin Villas Association, Phone Number (714) 634-0611
  • Regent HOA
  • Tustin Park Villas Subdivision
  • Maintained Community
  • Greenbelt

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1963

Lot Details

0 Sq Ft Lot

HOA Fees

$469 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Security: Gated Community
  • Subdivision Name Other: Tustin Park Villas (TPV)
  • View: Yes
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93282040
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1161.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Concrete, Tile, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 353.14
  • Room Type: All Bedrooms Up, Living Room
  • Spa Features: Association
  • Window Features: Blinds
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Other Structures: Shed(s)
  • View: Neighborhood, Park/Greenbelt
  • Patio And Porch Features: Brick, Patio, Rear Porch
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Phone Extension: 217
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Clubhouse, Maintenance Grounds, Trash, Water, Call for Rules, Controlled Access
  • Association Fee: 469.00
  • Association Fee Frequency: Monthly
  • Association Name: Tustin Villas
  • Phone: 714-634-0611
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban
  • Association Management: Regent

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Greenbelt

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 150
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 755.13
  • Tax Lot: 1
  • Tax Tract Number: 7925
  • TaxOtherAnnualAssessmentAmount: 462.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2021
Closed on
Oct 20, 2021
Sold by
Perry Kenneth
Bought by
Franco Victor Hugo Centeno
Seller's Agent
James Festini
eXp Realty of California Inc
Buyer's Agent
Thomas Lorini
eXp Realty of California Inc
List Price
$430,000
Sold Price
$410,000
Premium/Discount to List
-$20,000
-4.65%
Current Estimated Value
$561,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,816
Avg. Annual Appreciation
7.37%
Original Mortgage
$369,000
Outstanding Balance
$337,700
Interest Rate
3.05%
Estimated Equity
$224,116

Purchase Details

Listed on
Aug 30, 2021
Closed on
Oct 13, 2021
Sold by
Reynaga-Centeno Karina
Bought by
Franco Victor Hugo Centeno
Seller's Agent
James Festini
eXp Realty of California Inc
Buyer's Agent
Thomas Lorini
eXp Realty of California Inc
List Price
$430,000
Sold Price
$410,000
Premium/Discount to List
-$20,000
-4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Outstanding Balance
$337,700
Interest Rate
3.05%
Estimated Equity
$224,116

Purchase Details

Closed on
Feb 22, 2000
Sold by
Moody Paul D and Moody Mary M
Bought by
Perry Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,860
Interest Rate
8.25%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Franco Victor Hugo Centeno $410,000 First American Title
Franco Victor Hugo Centeno -- First American Title
Perry Kenneth $143,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franco Victor Hugo Centeno $369,000
Closed Franco Victor Hugo Centeno $369,000
Previous Owner Perry Kenneth $145,860
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2021 10/22/21 Sold $410,000 +2.5% $353 / Sq Ft
09/26/2021 09/26/21 Pending -- -- --
09/24/2021 09/24/21 Price Changed $399,999 -7.0% $345 / Sq Ft
08/30/2021 08/30/21 For Sale $430,000 -- $370 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,064 $435,095 $362,051 $73,044
2024 $5,064 $426,564 $354,952 $71,612
2023 $4,936 $418,200 $347,992 $70,208
2022 $4,858 $410,000 $341,168 $68,832
2021 $2,636 $203,041 $123,376 $79,665
2020 $2,622 $200,960 $122,111 $78,849
2019 $2,565 $197,020 $119,717 $77,303
2018 $2,526 $193,157 $117,369 $75,788
2017 $2,484 $189,370 $115,068 $74,302
2016 $2,443 $185,657 $112,811 $72,846
2015 $2,529 $182,869 $111,117 $71,752
2014 $2,470 $179,287 $108,940 $70,347
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21191711

California Regional Multiple Listing Service (CRMLS)

APN: 932-820-40

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