NOT LISTED FOR SALE

1961 Arnold Ave Costa Mesa, CA 92627

Downtown Costa Mesa Neighborhood

Estimated Value: $1,118,000 - $1,404,000

3 Beds
2.5 Baths
971 Sq Ft
$1,326/Sq Ft Est. Value

Last Sold November 17, 2014

Last sale price $575,000 $592 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $7,287/month

53 Days on Market

Highlights

  • Fishing
  • No HOA
  • Wood Burning Fireplace
  • Reservoir in Community
  • Neighborhood Views

About This Home

As of November 2014

SITUATED ON TREE LINED STREETS, THIS HOME HAS BEEN COMPLETELY REMODELED WITH FIRST CLASS TOUCHES. FROM THE MOMENT YOU OPEN THE DOOR YOU WILL SEE THE OWNER PUT THOUGHT INTO EVERY DETAIL OF THIS HOME. WITH CUSTOM PANELING AND DESIGNER TILE, THIS HOUSE SEPARATES IT FROM THE REST. THE KITCHEN FEATURES TOP OF THE LINE STAINLESS STEEL APPLIANCES, MARBLE COUNTERTOPS AND BACKSPLASH, AND PENDANT LIGHTING. DARKWOOD FLOORING AND LARGE BASEBOARDS LEAD YOU THROUGHOUT THE HOME. THE LARGE BACKYARD HAS PLENTY OF PRIVACY WITH NEW LANDSCAPING AND OUTDOOR JACUZZI TUB TO ENJOY!! THE DETACHED OVERSIZED TWO GARAGE ALLOWS FOR PLENTY OF PARKING AND EXTRA STORAGE. SELLER MAY HELP WITH CLOSING COSTS.

Last Agent to Sell the Property

Joe Quintanilla

Apex Realty License #01218957 Listed on: 07/30/2014

Last Buyer's Agent

Jaime Lindholm

Arbor Real Estate License #01870158

Arbor Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 971 Sq Ft Home
  • Wood Burning Fireplace
  • Entryway
  • Living Room with Fireplace
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Listing and Financial Details

  • Tax Lot 25
  • Tax Tract Number 1986
  • Assessor Parcel Number 42224201

Community Details

Overview

  • No Home Owners Association
  • Reservoir in Community

Recreation

  • Fishing

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

6,534 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42224201
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 971.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Price Per Square Foot: 592.17
  • Room Type: Entry, Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Storm Drains

Lot Info

  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6534.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Fishing in Community, Reservoir in Community

Tax Info

  • Tax Lot: 25
  • Tax Tract Number: 1986

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2015
Sold by
Grigsby Donald L and Grigsby Andrea L
Bought by
Grigsby Donald L and Grigsby Andrea L
Current Estimated Value
$1,287,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$557,982
Outstanding Balance
$435,850
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$852,121

Purchase Details

Listed on
Jul 30, 2014
Closed on
Oct 27, 2014
Sold by
Loucks Adam T
Bought by
Grigsby Donald Lee and Grigsby Andrea Lynn
Seller's Agent
Joe Quintanilla
Apex Realty
Buyer's Agent
Jaime Lindholm
Arbor Real Estate
List Price
$625,000
Sold Price
$575,000
Premium/Discount to List
-$50,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
Original Mortgage
$555,809
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 22, 2014
Closed on
Apr 25, 2014
Sold by
Weden Donna L
Bought by
Loucks Adam T
Seller's Agent
Joe Quintanilla
Apex Realty
Buyer's Agent
Joe Quintanilla
Apex Realty
List Price
$510,000
Sold Price
$450,000
Premium/Discount to List
-$60,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.84%
Original Mortgage
$308,000
Interest Rate
4.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 23, 2002
Sold by
Weden Donna L
Bought by
Weden Donna L

Purchase Details

Closed on
Nov 13, 2001
Sold by
Weden Gary L
Bought by
Weden Donna L

Purchase Details

Closed on
Nov 18, 1993
Sold by
Weden Gary L and Weden Donna L
Bought by
Weden Gary L and Weden Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.85%
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
Grigsby Donald L -- Nextitle
Grigsby Donald Lee $575,000 Fidelity National Title Co
Loucks Adam T $450,000 Fidelity National Title Co
Weden Donna L -- United Title Company
Weden Donna L -- --
Weden Gary L -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grigsby Donald L $557,982
Closed Grigsby Donald Lee $555,809
Previous Owner Loucks Adam T $308,000
Previous Owner Weden Gary L $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2014 11/17/14 Sold $575,000 -2.4% $592 / Sq Ft
10/09/2014 10/09/14 Price Changed $589,000 -1.7% $607 / Sq Ft
09/21/2014 09/21/14 Pending -- -- --
08/19/2014 08/19/14 Price Changed $599,000 -4.2% $617 / Sq Ft
07/30/2014 07/30/14 For Sale $625,000 +38.9% $644 / Sq Ft
06/13/2014 06/13/14 Sold $450,000 -11.8% $463 / Sq Ft View Prior Sale
04/22/2014 04/22/14 Pending -- -- --
04/22/2014 04/22/14 For Sale $510,000 +13.3% $525 / Sq Ft
04/22/2014 04/22/14 Off Market $450,000 -- --
04/18/2014 04/18/14 For Sale $510,000 -- $525 / 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 $8,068 $691,059 $636,915 $54,144
2024 $8,068 $677,509 $624,426 $53,083
2023 $7,809 $664,225 $612,182 $52,043
2022 $7,568 $651,201 $600,178 $51,023
2021 $7,357 $638,433 $588,410 $50,023
2020 $7,272 $631,887 $582,376 $49,511
2019 $7,117 $619,498 $570,957 $48,541
2018 $6,973 $607,351 $559,761 $47,590
2017 $6,855 $595,443 $548,786 $46,657
2016 $6,707 $583,768 $538,025 $45,743
2015 $6,716 $575,000 $529,944 $45,056
2014 $1,851 $122,370 $86,469 $35,901
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Joe Quintanilla

    Apex Realty

  • J

    Buyer's Agent in 2014

    Jaime Lindholm

    Arbor Real Estate

    (949) 673-7600

    6 Total Sales

    Jaime Lindholm
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14163249

California Regional Multiple Listing Service (CRMLS)

APN: 422-242-01

California Orange County Costa Mesa 92627 Downtown Costa Mesa

1961 Arnold Ave, Costa Mesa, CA

Not Listed for Sale

Detached

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