NOT LISTED FOR SALE

Estimated Value: $784,851 - $894,000

2 Beds
2.5 Baths
1,170 Sq Ft
1989 Built

Last Sold July 06, 2017

Last sale price $529,000 $452 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,833/month

Highlights

  • Two Primary Bedrooms
  • Neighborhood Views
  • Central Heating and Cooling System
  • End Unit
  • Laundry Room
  • Stacked Washer and Dryer

About This Home

As of August 2017

Gorgeous Tri-Level End Unit Townhome in Costa Mesa at the Palermo Townhomes Association

Dual Master Suites
Hardwood Floors Throughout the Home - No Carpet!
Tile Floors in Kitchen, Dining Room and Bathrooms
Granite Counters and Stainless Steel Appliances in Kitchen
Ceiling Fans in Both Bedrooms and Dining Room
Central AC and Heat
Fridge and Laundry Machines included
End Unit
Enclosed patio
Two Covered Carport Spaces with Storage Cabinets
Gated Community
Trash and Water Utilities Included

Walking Distance to CM Triangle, Less than 2 miles to Newport Beach, also very close to John Wayne Airport, the 55, 405, 73 freeways.

NON-SMOKING UNIT
$2,695 Security Deposit can be paid over 2 months
This home is generally pet restricted, however there may be exceptions under federal or state law.

Last Agent to Rent the Property

Phil Yates

APG Properties License #01879273 Listed on: 07/24/2017

Last Renter's Agent

Woody Marsh

Beach Cities Real Estate License #00922466

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,599

Year Built

  • Built in 1989

Lot Details

  • End Unit
  • 1 Common Wall
  • No Landscaping

Home Design

  • Split Level Home

Interior Spaces

  • 1,170 Sq Ft Home
  • Living Room with Fireplace
  • Neighborhood Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Double Master Bedroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,695
  • Rent includes association dues, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 7/24/17
  • Tax Lot 1
  • Tax Tract Number 17044
  • Assessor Parcel Number 93550064

Community Details

Overview

  • Property has a Home Owners Association

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,599

Year Built

Built in 1989

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2017-07-24
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 2695
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Palermo Townhomes
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93550064
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1170.00 Square Feet
  • Common Walls: 1 Common Wall, End Unit
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: Multi/Split
  • Price Per Square Foot: 2.22
  • Room Type: All Bedrooms Up, Two Masters

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Stackable, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 1170.00

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Trash Collection, Water

Tax Info

  • Tax Census Tract: 637.02
  • Tax Lot: 1
  • Tax Tract Number: 17044

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2021
Sold by
Karr Scott Patrick
Bought by
Karr Scott P
Current Estimated Value
$782,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$454,000
Outstanding Balance
$417,583
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$378,685

Purchase Details

Closed on
Aug 28, 2019
Sold by
Chaudhry Younus and Chaudhry Yasmine I
Bought by
Karr Scott Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 24, 2017
Closed on
Jun 28, 2017
Sold by
Ko Richard Y
Bought by
Ko Jeanhie
Seller's Agent
Phil Yates
APG Properties
Buyer's Agent
Woody Marsh
Beach Cities Real Estate
Sold Price
$2,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%
Original Mortgage
$199,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 28, 2017
Closed on
Jun 20, 2017
Sold by
Luther Douglas and Luther Jacqueline G
Bought by
Chaudhry Younus and Chaudhry Yasmine I
Seller's Agent
Sheri Schuster
Coldwell Banker Realty
Buyer's Agent
Amitabh Sharma
Coldwell Banker Realty
List Price
$529,000
Sold Price
$529,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 8, 2016
Sold by
Luther Douglas
Bought by
Luther Douglas and Luther Jacqueline G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2013
Sold by
Palermo Townhome Partners Llc
Bought by
Luther Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,250
Interest Rate
4.28%
Mortgage Type
New Conventional
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
Karr Scott P -- Usa National Title Co
Karr Scott Patrick $530,000 Lawyers Title Company
Ko Jeanhie -- Ticor Title
Chaudhry Younus $529,000 Ticor Title
Luther Douglas -- Tsi Title Company Of Ca Inc
Luther Douglas $415,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karr Scott P $454,000
Closed Karr Scott Patrick $503,500
Previous Owner Chaudhry Younus $199,000
Previous Owner Luther Douglas $381,000
Previous Owner Luther Douglas $394,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2017 08/21/17 Rented $2,595 0.0% --
08/17/2017 08/17/17 Under Contract -- -- --
08/14/2017 08/14/17 Price Changed $2,595 -3.7% $2 / Sq Ft
07/24/2017 07/24/17 For Rent $2,695 0.0% --
07/06/2017 07/06/17 Sold $529,000 0.0% $452 / Sq Ft
06/19/2017 06/19/17 For Sale $529,000 0.0% $452 / Sq Ft
06/17/2017 06/17/17 Pending -- -- --
06/05/2017 06/05/17 Price Changed $529,000 -1.9% $452 / Sq Ft
05/24/2017 05/24/17 For Sale $539,500 0.0% $461 / Sq Ft
05/15/2017 05/15/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $539,500 0.0% $461 / Sq Ft
05/03/2017 05/03/17 Pending -- -- --
04/29/2017 04/29/17 Price Changed $539,500 +0.7% $461 / Sq Ft
04/28/2017 04/28/17 For Sale $535,900 +29.1% $458 / Sq Ft
08/16/2013 08/16/13 Sold $415,000 -1.2% $353 / Sq Ft
07/01/2013 07/01/13 For Sale $420,000 0.0% $358 / Sq Ft
05/18/2013 05/18/13 Pending -- -- --
05/16/2013 05/16/13 For Sale $420,000 -- $358 / 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 $6,599 $579,629 $411,808 $167,821
2024 $6,599 $568,264 $403,733 $164,531
2023 $6,421 $557,122 $395,817 $161,305
2022 $6,243 $546,199 $388,056 $158,143
2021 $6,086 $535,490 $380,447 $155,043
2020 $6,028 $530,000 $376,546 $153,454
2019 $6,121 $539,580 $401,220 $138,360
2018 $6,003 $529,000 $393,352 $135,648
2017 $5,055 $438,340 $296,766 $141,574
2016 $4,944 $429,746 $290,947 $138,799
2015 $4,895 $423,291 $286,576 $136,715
2014 $4,781 $415,000 $280,963 $134,037
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17169662

California Regional Multiple Listing Service (CRMLS)

APN: 935-500-64