NOT LISTED FOR SALE

Estimated Value: $2,185,000 - $2,459,856

5 Beds
2.5 Baths
2,146 Sq Ft
$1,096/Sq Ft Est. Value

Last Sold March 28, 2022

Last sale price $2,037,300 $949 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $14,457/month

4 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • Laundry Room
  • Newport Heights Elementary Rated A
  • Cooling Available
  • 3-minute walk to Heller Park

About This Home

As of March 2022

Wow! Rare Two on a Lot in the Premier 16th and Newport Blvd. location in Costa Mesa. The property features Three Bedrooms, One and a Half Bathrooms in the front home and a Two Bedroom, One Bath Home on the back. The Front Home has a One Car Garage with extra parking, the Back Home has a Two Car Garage with extra parking. Between the two homes there is a private covered patio and lawn area. This location is just minutes from Newport Harbor, Newport Beach, and within walking distance to dining, shopping, parks and much more. This home is in original condition with an unfinished half bath in the front unit just waiting for your special touches.This property is ideal for rental or an upgrade to a Premier Costa Mesa home. A truly Amazing Location and a Unique Purchase opportunity!!

Last Agent to Sell the Property

Steven Uldall

California Freedom Real Estate License #00806283 Listed on: 02/05/2022

Last Buyer's Agent

Kim Bibb

Pacific Sotheby's Int'l Realty License #01210754

Pacific Sotheby's Int'l Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,856

Year Built

  • Built in 1948

Lot Details

  • 6,508 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 3 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,146 Sq Ft Home
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Eastside Heights Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 404
  • Assessor Parcel Number 42533208
  • $1,085 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,856

Year Built

Built in 1948

Lot Details

0

Parking

3

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Eastside Heights (EHCM)
  • View: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 42533208
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2146.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 949.35
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6508.00
  • Lot Size Acres: 0.1494

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6508.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 404
  • TaxOtherAnnualAssessmentAmount: 1085.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2022
Closed on
Feb 24, 2022
Sold by
Margaret Estus Thatcher Declaration Of T
Bought by
230 Palmer Street Llc
Seller's Agent
Steven Uldall
California Freedom Real Estate
Buyer's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
List Price
$1,795,000
Sold Price
$2,037,300
Premium/Discount to List
$242,300
13.5%
Current Estimated Value
$2,351,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,664
Avg. Annual Appreciation
4.13%
Original Mortgage
$1,098,000
Outstanding Balance
$1,025,539
Interest Rate
3.89%
Mortgage Type
Balloon
Estimated Equity
$1,326,425
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
230 Palmer Street Llc $2,037,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 230 Palmer Street Llc $1,098,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2022 03/28/22 Sold $2,037,300 +13.5% $949 / Sq Ft
02/05/2022 02/05/22 For Sale $1,795,000 -- $836 / 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 $23,856 $2,162,211 $2,035,884 $126,327
2024 $23,856 $2,119,815 $1,995,965 $123,850
2023 $23,199 $2,078,250 $1,956,828 $121,422
2022 $20,494 $100,705 $33,540 $67,165
2021 $2,090 $98,731 $32,882 $65,849
2020 $2,041 $97,719 $32,545 $65,174
2019 $1,988 $95,803 $31,906 $63,897
2018 $1,944 $93,925 $31,280 $62,645
2017 $1,920 $92,084 $30,667 $61,417
2016 $1,890 $90,279 $30,066 $60,213
2015 $1,871 $88,923 $29,614 $59,309
2014 $1,838 $87,182 $29,034 $58,148
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22023252

California Regional Multiple Listing Service (CRMLS)

APN: 425-332-08