NOT LISTED FOR SALE

2018 Pomona Ave Costa Mesa, CA 92627

Downtown Costa Mesa Neighborhood

Estimated Value: $1,172,000 - $1,245,000

1 Bed
1 Bath
670 Sq Ft
$1,797/Sq Ft Est. Value

Last Sold June 09, 2021

Last sale price $850,000 $1,269 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $7,430/month

32 Days on Market

Highlights

  • No HOA
  • Fenced
  • 1-Story Property
  • Laundry Room
  • Back Yard

About This Home

As of June 2021

RARE OPPORTUNITY for INVESTORS/BUILDERS or for ANYONE wanting a large piece of property with a quaint cottage and detached garage on an R2 High Density, large 7,125 square foot lot. The main cottage has two bedrooms (1 bedroom is unpermitted). Located in Westside Costa Mesa which is undergoing an area wide revitalization. Check with the city for HUGE POTENTIAL. Possible use 2 residences and potential accessory dwelling units (ADU's) AND possibly in an opportunity zone for additional benefits. Close to Orange County Airport, Irvine business area, Costa Mesa's shops, pubs and restaurants including Triangle Square, South Coast Plaza and Newport Beach!

Last Agent to Sell the Property

Allison Sorenson

Luxre Realty, Inc. License #01493287 Listed on: 04/15/2021

Luxre Realty, Inc.

Co-Listed By

Sherry Wild

Luxre Realty, Inc. License #01480453

Last Buyer's Agent

Vy Huynh

Copley Realty License #02082706

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,430

Year Built

  • Built in 1946

Lot Details

  • 7,125 Sq Ft Lot
  • Fenced
  • Fence is in average condition
  • Back Yard

Parking

  • 1 Car Garage

Interior Spaces

  • 670 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Location

  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Tract Number 612
  • Assessor Parcel Number 42223435
  • Tax Block G

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,430

Year Built

Built in 1946

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42223435
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 670.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1268.66
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 7125.00
  • Lot Size Acres: 0.1636

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7125.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: G
  • Tax Census Tract: 637.01
  • Tax Tract Number: 612

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2022
Sold by
Tran Allen
Bought by
Allen Iran Living Trust
Current Estimated Value
$1,204,137

Purchase Details

Listed on
Apr 15, 2021
Closed on
May 19, 2021
Sold by
Schaefer Richard R and Schaefer Pamela J
Bought by
Tran Allen
Seller's Agent
Allison Sorenson
Luxre Realty, Inc.
Buyer's Agent
Vy Huynh
Copley Realty
List Price
$893,000
Sold Price
$850,000
Premium/Discount to List
-$43,000
-4.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%
Original Mortgage
$680,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2016
Sold by
Schaefer Richard R and Schaefer Pamela J
Bought by
Schaefer Richard R and Schaefer Pamela J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Allen Iran Living Trust -- --
Tran Allen $850,000 Equity Title Company
Schaefer Richard R -- None Available
Schaefer Richard R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tran Allen $680,000
Previous Owner Schaefer Richard R $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2021 06/09/21 Sold $850,000 -4.8% $1,269 / Sq Ft
04/15/2021 04/15/21 For Sale $893,000 -- $1,333 / 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 $10,430 $920,066 $891,976 $28,090
2024 $10,430 $902,026 $874,486 $27,540
2023 $10,117 $884,340 $857,340 $27,000
2022 $9,838 $867,000 $840,529 $26,471
2021 $1,490 $73,790 $52,471 $21,319
2020 $1,462 $73,034 $51,933 $21,101
2019 $1,430 $71,602 $50,914 $20,688
2018 $1,402 $70,199 $49,916 $20,283
2017 $1,384 $68,823 $48,937 $19,886
2016 $1,362 $67,474 $47,977 $19,497
2015 $1,348 $66,461 $47,256 $19,205
2014 $1,323 $65,160 $46,331 $18,829
Source: Public Records

Agents Affiliated with this Home

  • Allison Sorenson

    Seller's Agent in 2021

    Allison Sorenson

    Luxre Realty, Inc.

    (949) 294-6666

    1 in this area

    31 Total Sales

    Allison Sorenson
    Section Image

  • S

    Seller Co-Listing Agent in 2021

    Sherry Wild

    Luxre Realty, Inc.

    (949) 275-8937

    1 in this area

    32 Total Sales

    Sherry Wild
    Section Image

  • V

    Buyer's Agent in 2021

    Vy Huynh

    Copley Realty

    (714) 305-4309

    1 in this area

    52 Total Sales

    Vy Huynh
    Section Image
  • Elizabeth Do

    Buyer Co-Listing Agent in 2021

    Elizabeth Do

    Keller Williams Realty

    (714) 317-7243

    4 in this area

    725 Total Sales

    Elizabeth Do
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21078136

California Regional Multiple Listing Service (CRMLS)

APN: 422-234-35

California Orange County Costa Mesa 92627 Downtown Costa Mesa

2018 Pomona Ave, Costa Mesa, CA

This home is located at 2018 Pomona Ave, Costa Mesa, CA 92627 since 15 April 2021 and is currently estimated at $1,204,137, approximately $1,797 per square foot. This property was built in 1946. 2018 Pomona Ave is a home located in Orange County with nearby schools including Everett A. Rea Elementary School, Charles W. Tewinkle Middle School, and Estancia High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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