NOT LISTED FOR SALE

Estimated Value: $1,351,000 - $1,635,759

2 Beds
1 Bath
729 Sq Ft
$2,053/Sq Ft Est. Value

Last Sold March 26, 2012

Last sale price $455,000 $624 Per Sq Ft

Est. 229% increase in value since last sale

Current estimated payment $8,869/month

8 Days on Market

Highlights

  • Cottage
  • Fireplace
  • 4-minute walk to Heller Park
  • Newport Heights Elementary Rated A
  • Heating System Uses Natural Gas

About This Home

As of March 2012

REO! 2 bedroom, 1 bath cottage on R-3 lot! Property is being sold for land value. Perfect opportunity to build a custom home just steps to Newport Heights, or build 2 units (live in one, rent the other...or great dual income). Rare to find a property on this size lot in Eastside Costa Mesa at this price...Hurry! Take advantage of this great location and Newport Mesa School District (Newport Heights Elementary, Ensign Middle School, Newport Harbor HS).

Last Agent to Sell the Property

David Macleod

Coldwell Banker Realty License #00934704 Listed on: 01/15/2012

Coldwell Banker Realty

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 5,741 Sq Ft Lot
  • Lot Dimensions are 45x127
  • Property fronts an alley

Home Design

  • Cottage
  • Composition Roof

Interior Spaces

  • 729 Sq Ft Home
  • Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Parking Available
  • Driveway

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 0.13
  • Tax Tract Number 516
  • Assessor Parcel Number 42520207

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Subdivision Name Other: Eastside South
  • View: No
  • Architectural Style: Cottage
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42520207
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 729.00
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 624.14

Exterior Features

  • Patio: No
  • Fence: No
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: No
  • Laundry: No
  • Heating Type: Natural Gas, Wall Furnace
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease Purchase: No
  • Lot Size: 45x127
  • Lot Size Sq Ft: 5741.00
  • Lot Size Acres: 0.1320

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5741.0000 Square Feet

Tax Info

  • Tax Lot: 0.13
  • Tax Tract Number: 516

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2021
Sold by
Clem Michael A and Clem Dina I
Bought by
Clem Michael A and Clem Dina I
Current Estimated Value
$1,496,440

Purchase Details

Closed on
Nov 30, 2021
Sold by
Clem Michael A and Clem Dina I
Bought by
Clem Michael A and Clem Dina I

Purchase Details

Closed on
Nov 5, 2018
Sold by
Clem Michael A and Clem Dina
Bought by
Clem Michael A and Clem Dina I

Purchase Details

Closed on
Jul 25, 2012
Sold by
Clem Michael A
Bought by
Clem Michael A and Clem Dina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$248,267
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$1,248,173

Purchase Details

Listed on
Jan 15, 2012
Closed on
Feb 27, 2012
Sold by
The Bank Of New York Mellon
Bought by
Ccl Holdings Usa Ltd
Seller's Agent
David Macleod
Coldwell Banker Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$399,900
Sold Price
$455,000
Premium/Discount to List
$55,100
13.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%

Purchase Details

Closed on
Nov 22, 2011
Sold by
Hovland Eric C and Hovland Emily
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Nov 18, 2005
Sold by
Hovland Eric C
Bought by
Hovland Eric C and Hovland Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,105
Interest Rate
5.93%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 6, 2005
Sold by
Hovland Emily D
Bought by
Hovland Eric C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,850
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 3, 2005
Sold by
Luzern Group Lp
Bought by
Hovland Eric C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2004
Sold by
Francis Carol Jeanne
Bought by
Lugano Property Group Llc

Purchase Details

Closed on
Oct 16, 2003
Sold by
Edwards Lawrence J
Bought by
Eastman Emily

Purchase Details

Closed on
Dec 13, 2002
Sold by
Anderson Harland C and Anderson Charlene M
Bought by
Edwards Lawrence J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,200
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Clem Michael A -- Chicago Title Company
Clem Michael A -- Chicago Title Company
Clem Michael A -- Lawyers Title
Clem Michael A -- None Available
Clem Michael A $450,000 Accommodation
Clem Michael A -- Accommodation
Ccl Holdings Usa Ltd $450,000 Servicelink
The Bank Of New York Mellon $379,080 Landsafe Title
Hovland Eric C -- Alliance Title Company
Hovland Eric C -- First American Title Ins Co
Hovland Eric C $490,000 Fidelity National Title
Hovland Eric C -- Fidelity National Title
Lugano Property Group Llc -- --
Luzern Group Lp -- --
Luzern Group Lp -- --
Charles Financial Group Inc -- --
Francis Carol Jeanne -- --
Eastman Emily $490,000 Fidelity National Title
Edwards Lawrence J $359,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clem Michael A $360,000
Previous Owner Hovland Eric C $235,105
Previous Owner Hovland Eric C $39,850
Previous Owner Hovland Eric C $392,000
Previous Owner Edwards Lawrence J $287,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2012 03/26/12 Sold $455,000 0.0% $624 / Sq Ft
01/23/2012 01/23/12 Pending -- -- --
01/20/2012 01/20/12 Off Market $455,000 -- --
01/15/2012 01/15/12 For Sale $399,900 -- $549 / 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 $12,530 $1,046,459 $533,299 $513,160
2024 $12,530 $1,025,941 $522,842 $503,099
2023 $12,081 $1,005,825 $512,590 $493,235
2022 $11,630 $986,103 $502,539 $483,564
2021 $11,223 $966,768 $492,685 $474,083
2020 $11,086 $956,855 $487,633 $469,222
2019 $10,843 $938,094 $478,072 $460,022
2018 $10,463 $919,700 $468,698 $451,002
2017 $10,285 $901,667 $459,508 $442,159
2016 $5,567 $468,105 $450,498 $17,607
2015 $5,514 $461,074 $443,731 $17,343
2014 $5,390 $452,043 $435,039 $17,004
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S684863

California Regional Multiple Listing Service (CRMLS)

APN: 425-202-07