NOT LISTED FOR SALE

Estimated Value: $795,000 - $1,017,000

2 Beds
2.5 Baths
1,174 Sq Ft
$240/mo HOA Fee

Last Sold April 17, 2023

Last sale price $725,000 $618 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,453/month

37 Days on Market

Highlights

  • Gated Community
  • Wood Flooring
  • Open to Family Room
  • View of Trees or Woods
  • Spanish Architecture
  • Family Room Off Kitchen

About This Home

As of April 2023

This rarely available turn-key townhome in a private, small gated community is only 1.7 miles from the beach! The unit has been tastefully upgraded throughout: luxurious wood floors, gourmet extended kitchen counter, custom backsplash, new appliances, and upgraded fixtures. The mid-level features a dining room that overlooks the living room below. Living area boasts high ceilings and tons of natural light coming from windows and a private patio. The top level features primary bedrooms with ample closet space. Washer and dryer hookups are also located on this floor. There are two carports with your own private storage area in subterranean garage - direct access into your unit. For the pet lovers, this quiet neighborhood also has its own dog park. This stunning townhome is ready for its next owners to enjoy its prime location, walking distance to Triangle Square with restaurants, shopping, and entertaining.

Last Agent to Sell the Property

Tiffany Huang

International Home Realty License #01997356 Listed on: 02/01/2023

Last Buyer's Agent

Michael Shank

Compass License #01876840

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1989

Lot Details

  • Two or More Common Walls
  • Fenced
  • Fence is in excellent condition
  • Zero Lot Line

HOA Fees

  • $240 Monthly HOA Fees

Property Views

  • Woods
  • Neighborhood

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Turnkey
  • Slab Foundation
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 1,174 Sq Ft Home
  • Electric Fireplace
  • Gas Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Eat-In Galley Kitchen
  • Open to Family Room
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Parking Available
  • Automatic Gate

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 17044
  • Assessor Parcel Number 93550072
  • $452 per year additional tax assessments

Community Details

Overview

  • 16 Units
  • Palermo Townhomes Association, Phone Number (800) 360-0336
  • Api HOA
  • Westside Costa Mesa South Subdivision

Recreation

  • Dog Park

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1989

Lot Details

0

HOA Fees

$240 per month

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: refrigerator
  • Property Attached: Yes
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Westside Costa Mesa South (WSCM)
  • View: Yes
  • Architectural Style: Mediterranean, Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93550072
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1174.00 Square Feet
  • Interior Amenities: Unfurnished
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area, Dining Room
  • Fireplace Features: Living Room, Electric, Gas
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 617.55
  • Room Type: All Bedrooms Up, Galley Kitchen, Living Room
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Neighborhood, Trees/Woods
  • Fence: Yes
  • Fencing: Excellent Condition
  • Patio And Porch Features: Enclosed, Patio, Front Porch
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Stackable, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dog Park, Trash, Water, Pets Permitted
  • Association Fee: 240.00
  • Association Fee Frequency: Monthly
  • Association Name: Palermo Townhomes
  • Phone: 800-360-0336
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Dog Park, Street Lights
  • Association Management: API

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Zero Lot Line
  • Lot Size Sq Ft: 2000.00
  • Lot Size Acres: 0.0459

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2000.0000 Square Feet
  • Number Of Units In Community: 16
  • Number Of Units Total: 16

Tax Info

  • Tax Census Tract: 637.02
  • Tax Lot: 1
  • Tax Tract Number: 17044
  • TaxOtherAnnualAssessmentAmount: 452.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2020
Sold by
Sharp Tamara M and Sharp Matthew W
Bought by
Sharp Tamara M and Sharp Matthew W
Current Estimated Value
$862,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$426,934
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$435,509

Purchase Details

Closed on
Feb 10, 2015
Sold by
Mitchell Tamara and Sharp Matthew W
Bought by
Mitchell Tamara and Sharp Matthew W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,400
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 20, 2013
Closed on
Aug 5, 2013
Sold by
Mitchell Tamara
Bought by
Mitchell Tamara and Sharp Matthew W
Seller's Agent
Gary Watts
Impact
Buyer's Agent
Gary Watts
Impact
List Price
$415,000
Sold Price
$405,000
Premium/Discount to List
-$10,000
-2.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.32%
Original Mortgage
$384,750
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 20, 2013
Closed on
Aug 1, 2013
Sold by
Palermo Townhome Partnersl Llc
Bought by
Mitchell Tamara
Seller's Agent
Gary Watts
Impact
Buyer's Agent
Gary Watts
Impact
List Price
$415,000
Sold Price
$405,000
Premium/Discount to List
-$10,000
-2.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,750
Interest Rate
4.33%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sharp Tamara M -- Ticor Title Company Of Ca
Mitchell Tamara -- Wfg National Title
Mitchell Tamara -- Accommodation
Mitchell Tamara -- Lawyers Title
Mitchell Tamara $405,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharp Tamara M $480,000
Closed Mitchell Tamara $385,400
Closed Mitchell Tamara $384,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/17/2023 04/17/23 Sold $725,000 -3.2% $618 / Sq Ft
03/10/2023 03/10/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $749,000 +84.9% $638 / Sq Ft
08/29/2013 08/29/13 Sold $405,000 -2.4% $345 / Sq Ft View Prior Sale
06/21/2013 06/21/13 Pending -- -- --
06/20/2013 06/20/13 For Sale $415,000 -- $353 / 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 $8,327 $754,290 $575,460 $178,830
2024 $8,327 $739,500 $564,176 $175,324
2023 $5,509 $477,191 $319,266 $157,925
2022 $5,345 $467,835 $313,006 $154,829
2021 $5,204 $458,662 $306,868 $151,794
2020 $5,154 $453,959 $303,721 $150,238
2019 $5,054 $445,058 $297,765 $147,293
2018 $4,956 $436,332 $291,927 $144,405
2017 $4,870 $427,777 $286,203 $141,574
2016 $4,762 $419,390 $280,591 $138,799
2015 $4,714 $413,091 $276,376 $136,715
2014 $4,603 $405,000 $270,963 $134,037
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23018233

California Regional Multiple Listing Service (CRMLS)

APN: 935-500-72