NOT LISTED FOR SALE

205 Del Mar Ave Costa Mesa, CA 92627

Eastside Costa Mesa Neighborhood

Estimated Value: $1,751,000 - $2,373,480

5 Beds
4 Baths
2,366 Sq Ft
$904/Sq Ft Est. Value

Last Sold November 08, 2017

Last sale price $1,330,000 $562 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $12,611/month

177 Days on Market

Highlights

  • Back Bay Views
  • Open Floorplan
  • Loft
  • Heinz Kaiser Elementary School Rated A
  • Multi-Level Bedroom
  • Living Room with Attached Deck

About This Home

As of November 2017

Mid Century Modern meets the beach in this RARE FIND,TWO on a lot in East Side Costa Mesa. Ready for its new owners this property is perfect for every buyer. This property features a total of 5 bedrooms and 4 baths with over 2300 sq.ft. of living space. The main house offers 3 bedrooms, 2 baths with an open floor plan & plenty of windows to make it bright and airy. Main house kitchen offers upgraded stainless steel appliances,upgraded cabinetry and a kitchenette area. Just off the kitchen is a Formal Dining area which opens to a spacious family room with a fireplace. French doors open up to your backyard oasis,perfect for family gatherings and summer fun! Just passed the backyard Oasis you will find the separate entrance to the back house which offers 2 bedrooms and 2 baths plus a loft. This is truly hard to find in the area. You are welcomed by Vaulted ceilings with tons of windows to bring that California sunshine into the house .The family room is open to the completely upgraded kitchen with stainless steel appliances and upgraded cabinets and Caesar stone counter tops. Large loft area just above the kitchen great for extra storage. This property has plenty of parking including a 2 car garage and covered parking. This property has so much to offer. A bike ride away to California beaches,Back Bay bike trails and walking trails, Fashion Island. Award winning schools, close to freeways and shopping. This rare opportunity won't last so act fast. Come take a look!

Last Agent to Sell the Property

Nicole Ray

Exit Alliance Realty License #01265058 Listed on: 04/21/2017

Co-Listed By

Melinda Harris

Exit Alliance Realty License #00852827

Last Buyer's Agent

Ryan Thomas

Alta Realty Group CA, Inc License #01709656

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,989

Year Built

  • Built in 1954

Lot Details

  • 7,405 Sq Ft Lot
  • No Common Walls
  • Front and Back Yard Sprinklers
  • Back Yard

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Parking Available

Property Views

  • Back Bay
  • City Lights

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,366 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Double Pane Windows
  • Entryway
  • Family Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Loft

Kitchen

  • Eat-In Galley Kitchen
  • Stone Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Multi-Level Bedroom
  • 4 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Exterior Lighting

Schools

  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Cooling Available
  • Central Heating
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 59
  • Tax Tract Number 15026
  • Assessor Parcel Number 43918130

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,989

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Eastside Central (ECCM)
  • View: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 43918130
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2366.00 Square Feet
  • Interior Amenities: High Ceilings, Living Room Deck Attached, Open Floorplan, Pantry, Stone Counters
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 562.13
  • Room Type: Entry, Family Room, Galley Kitchen, Loft, Multi-Level Bedroom
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Stone Counters

Exterior Features

  • Foundation: Slab
  • View: Back Bay, City Lights
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Detached Carport, Concrete, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Lot 6500-9999, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 7405.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 631.02
  • Tax Lot: 59
  • Tax Tract Number: 15026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2024
Sold by
Kathleen Sommer Revocable Trust and Sommer Kathleen Marie
Bought by
Kathleen Sommer Revocable Trust and Sommer
Current Estimated Value
$2,138,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,285,000
Outstanding Balance
$3,283,760
Interest Rate
6.73%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
-$1,144,933

Purchase Details

Listed on
Apr 21, 2017
Closed on
Oct 30, 2017
Sold by
Savage Shane
Bought by
Somer Kathleen
Seller's Agent
Nicole Ray
Exit Alliance Realty
Buyer's Agent
Ryan Thomas
Alta Realty Group CA, Inc
List Price
$1,379,999
Sold Price
$1,330,000
Premium/Discount to List
-$49,999
-3.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%
Original Mortgage
$864,500
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2015
Sold by
Savage Katherine
Bought by
Savage Shane

Purchase Details

Closed on
Sep 14, 2015
Sold by
Savage Shane
Bought by
Savage Shane

Purchase Details

Closed on
Mar 3, 2006
Sold by
Ray Keith D and Ray Donna L
Bought by
Savage Shane

Purchase Details

Closed on
Jan 19, 2004
Sold by
Savage Shane
Bought by
Ray Keith D and Ray Donna L

Purchase Details

Closed on
Oct 22, 2003
Sold by
Nolan Diane P
Bought by
Savage Shane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 8, 1997
Sold by
Diane Young
Bought by
Nolan Diane P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
7.3%
Mortgage Type
Commercial
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
Kathleen Sommer Revocable Trust -- Ticor Title Company
Somer Kathleen $1,330,000 None Available
Savage Shane -- Wfg National Title
Savage Shane -- Wfg National Title
Savage Shane -- None Available
Ray Keith D -- --
Savage Shane $625,000 First American Title Co
Nolan Diane P $235,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kathleen Sommer Revocable Trust $3,285,000
Previous Owner Somer Kathleen $864,500
Previous Owner Savage Shane $500,000
Previous Owner Nolan Diane P $188,000
Closed Nolan Diane P $23,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2017 11/08/17 Sold $1,330,000 -3.6% $562 / Sq Ft
10/15/2017 10/15/17 Pending -- -- --
08/07/2017 08/07/17 Price Changed $1,379,999 0.0% $583 / Sq Ft
08/07/2017 08/07/17 For Sale $1,379,999 -1.4% $583 / Sq Ft
07/22/2017 07/22/17 Pending -- -- --
07/16/2017 07/16/17 Price Changed $1,399,999 -2.7% $592 / Sq Ft
07/03/2017 07/03/17 Price Changed $1,438,999 0.0% $608 / Sq Ft
06/20/2017 06/20/17 Price Changed $1,439,000 -90.0% $608 / Sq Ft
06/20/2017 06/20/17 Price Changed $14,390,000 +866.4% $6,082 / Sq Ft
06/13/2017 06/13/17 Price Changed $1,489,000 -0.7% $629 / Sq Ft
04/21/2017 04/21/17 For Sale $1,499,000 -- $634 / 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 $16,989 $1,513,310 $1,271,290 $242,020
2024 $16,989 $1,483,638 $1,246,363 $237,275
2023 $16,528 $1,454,548 $1,221,925 $232,623
2022 $16,204 $1,426,028 $1,197,966 $228,062
2021 $15,833 $1,398,067 $1,174,476 $223,591
2020 $15,653 $1,383,732 $1,162,433 $221,299
2019 $15,315 $1,356,600 $1,139,640 $216,960
2018 $15,005 $1,330,000 $1,117,294 $212,706
2017 $11,340 $979,681 $695,550 $284,131
2016 $11,097 $960,472 $681,912 $278,560
2015 $10,992 $946,045 $671,669 $274,376
2014 $10,743 $927,514 $658,512 $269,002
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2017

    Nicole Ray

    Exit Alliance Realty

    Section Image
  • Melinda Harris

    Seller Co-Listing Agent in 2017

    Melinda Harris

    Exit Alliance Realty

    (949) 306-6989

    50 Total Sales

    Melinda Harris
    Section Image

  • R

    Buyer's Agent in 2017

    Ryan Thomas

    Alta Realty Group CA, Inc

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW17086042

California Regional Multiple Listing Service (CRMLS)

APN: 439-181-30

California Orange County Costa Mesa 92627 Eastside Costa Mesa

205 Del Mar Ave, Costa Mesa, CA

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