NOT LISTED FOR SALE

195 Morristown Ln Costa Mesa, CA 92626

Estimated Value: $926,000 - $968,000

4 Beds
2 Baths
1,420 Sq Ft
$664/Sq Ft Est. Value

Last Sold September 12, 2014

Last sale price $430,000 $303 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $5,783/month

75 Days on Market

Highlights

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

About This Home

As of September 2014

BEST VALUE FOR A 4-BED TOWNHOME IN COSTA MESA as of July 29, 2014! Rare find - END UNIT with 4 bedrooms in centrally located Monticello Townhomes! Updated! Featuring lots of natural light. Tile floors on main level and laminate wood floors upstairs with rich tones. Recently remodeled kitchen offers gorgeous cabinetry and stainless steel appliances plus impressive gas range. Open layout. Bedroom and bathroom with shower on main level - great for guest room or office. Three generously sized bedrooms upstairs with newer fans/lighting fixtures and mirrored closet doors. Updated dual pane windows and doors of fine quality throughout. Laundry area off private patio and huge 2-car garage with plenty of storage. Smooth ceilings and neutral colors throughout. Lovely greenbelts wind throughout the community and the LOW HOA dues of $245/month include 2 pools/spas and clubhouse. Prime location for community (easy access to 405/55/73 freeways), close to schools, shops, parks and so much more. Great investment potential - similar units rent for upwards of $2600. Incredible value - FHA/VA offers welcome! NOT on leased land!

Last Agent to Sell the Property

Holly McDonald

Compass Newport Beach License #01892567 Listed on: 05/29/2014

Compass Newport Beach

Last Buyer's Agent

Ben Lara

American Pacific Realty License #00879626

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,170

Year Built

  • Built in 1965

Lot Details

  • 1,307 Sq Ft Lot
  • 1 Common Wall
  • South Facing Home

HOA Fees

  • $245 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 1,420 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Panel Doors
  • Combination Dining and Living Room
  • Park or Greenbelt Views
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Mirrored Closets Doors

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Ocean Side of Freeway
  • Patio

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 211
  • Tax Tract Number 5160
  • Assessor Parcel Number 41916572

Community Details

Overview

  • Pcm Association, Phone Number (949) 768-7261

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,170

Year Built

Built in 1965

Lot Details

0

HOA Fees

$245 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: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 41916572
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1420.00
  • Interior Amenities: Ceiling Fan(s), Open Floorplan
  • Stories: 2
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Mirror Closet Door(s), Panel Doors
  • Eating Area: In Living Room
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 302.82
  • Room Type: Living Room, Master Bedroom, Main Floor Bedroom
  • Spa Features: Association

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • View: Park/Greenbelt
  • Patio And Porch Features: Patio
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Composition
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave
  • Heating Type: Central
  • Laundry Features: In Closet
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Pool, Spa/Hot Tub
  • Association Fee: 245.00
  • Association Fee Frequency: Monthly
  • Association Name: PCM
  • Phone: 949-768-7261
  • Senior Community: No
  • Community Features: Sidewalks

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: 333
  • Number Of Units Total: 333
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Lot: 211
  • Tax Tract Number: 5160

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2014
Closed on
Aug 19, 2014
Sold by
Maccharoli Stephen
Bought by
Gothard William and Gothard Shelly
Seller's Agent
Holly McDonald
Compass Newport Beach
Buyer's Agent
Ben Lara
American Pacific Realty
List Price
$440,000
Sold Price
$430,000
Premium/Discount to List
-$10,000
-2.27%
Current Estimated Value
$942,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$512,981
Avg. Annual Appreciation
7.39%
Original Mortgage
$43,000
Interest Rate
4.09%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
May 20, 2013
Closed on
May 30, 2013
Sold by
Lewis Glenn M and Lewis Susan B
Bought by
Maccharoli Stephen
Seller's Agent
Charles Lucas
Bennion Deville Homes
Buyer's Agent
Andrew Snodgrass
Keller Williams Realty
List Price
$399,000
Sold Price
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.38%
Original Mortgage
$365,384
Interest Rate
3.48%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 20, 2010
Sold by
Lewis Glenn and Lewis Susan
Bought by
Lewis Glenn M and Lewis Susan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,879
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 18, 2008
Sold by
Bellonila Vargas Vilma and Quevedo Nory
Bought by
Lewis Glenn and Lewis Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,747
Interest Rate
6.41%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 3, 2005
Sold by
Huynh Wha
Bought by
Bellonila Vargas Vilma and Quevedo Nory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
5.68%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 8, 2004
Sold by
Kissamitakis Michael and Kissamitakis Apsorn
Bought by
Huynh Wha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,425
Interest Rate
6.24%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 23, 1999
Sold by
Amelia Giron
Bought by
Kissamitakis Michael and Kissamitakis Apsorn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,120
Interest Rate
7.68%
Mortgage Type
VA

Purchase Details

Closed on
Jan 12, 1998
Sold by
Gibon Ed B and Gibon Aurora T
Bought by
Gibon Amelia B

Purchase Details

Closed on
Mar 12, 1996
Sold by
Anderson Elizabeth and Arthur Robin April
Bought by
Giron Amelia P and Giron Edgardo Bernal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,790
Interest Rate
8.07%
Mortgage Type
FHA
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
Gothard William $430,000 Title365
Maccharoli Stephen $399,000 Orange Coast Title Company O
Lewis Glenn M -- Fidelity Natl Title Co Of Ca
Lewis Glenn $340,000 Chicago Title Company
Bellonila Vargas Vilma $530,000 Old Republic Title Co O C
Huynh Wha $410,000 Southland Title
Kissamitakis Michael $163,000 Fidelity National Title Ins
Gibon Amelia B -- --
Giron Amelia P $128,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gothard William L C $125,000
Open Gothard William Lc $483,200
Closed Gothard William L C $80,000
Closed Gothard William L C $424,000
Closed Gothard William L C $67,000
Closed Gothard William $43,000
Closed Gothard William $344,000
Previous Owner Maccharoli Stephen $365,384
Previous Owner Lewis Glenn M $339,879
Previous Owner Lewis Glenn $339,720
Previous Owner Lewis Glenn $334,747
Previous Owner Bellonila Vargas Vilma $106,000
Previous Owner Bellonila Vargas Vilma $424,000
Previous Owner Huynh Wha $142,000
Previous Owner Huynh Wha $307,425
Previous Owner Kissamitakis Michael $10,000
Previous Owner Kissamitakis Michael $252,000
Previous Owner Kissamitakis Michael $210,000
Previous Owner Kissamitakis Michael $159,120
Previous Owner Giron Amelia P $126,790
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2014 09/12/14 Sold $430,000 -1.1% $303 / Sq Ft
08/12/2014 08/12/14 Pending -- -- --
06/27/2014 06/27/14 Price Changed $435,000 -1.1% $306 / Sq Ft
05/29/2014 05/29/14 For Sale $440,000 +10.3% $310 / Sq Ft
06/27/2013 06/27/13 Sold $399,000 0.0% $281 / Sq Ft
06/17/2013 06/17/13 Pending -- -- --
05/20/2013 05/20/13 For Sale $399,000 -- $281 / 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 $6,170 $516,790 $438,164 $78,626
2024 $6,170 $506,657 $429,572 $77,085
2023 $5,993 $496,723 $421,149 $75,574
2022 $5,863 $486,984 $412,891 $74,093
2021 $5,736 $477,436 $404,795 $72,641
2020 $5,667 $472,541 $400,644 $71,897
2019 $5,546 $463,276 $392,788 $70,488
2018 $5,436 $454,193 $385,087 $69,106
2017 $5,346 $445,288 $377,537 $67,751
2016 $5,234 $436,557 $370,134 $66,423
2015 $5,184 $430,000 $364,574 $65,426
2014 $4,850 $400,811 $338,361 $62,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14111175

California Regional Multiple Listing Service (CRMLS)

APN: 419-165-72