NOT LISTED FOR SALE

Estimated Value: $2,003,000 - $2,244,895

4 Beds
3 Baths
2,300 Sq Ft
$903/Sq Ft Est. Value

Last Sold June 26, 2015

Last sale price $1,125,000 $489 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $12,357/month

24 Days on Market

About This Home

As of June 2015

This home is located at 240 E 15th St, Costa Mesa, CA 92627 since 01 June 2015 and is currently estimated at $2,076,224, approximately $902 per square foot. This property was built in 1947. 240 E 15th St is a home located in Orange County with nearby schools including Newport Heights Elementary, Horace Ensign Intermediate School, and Newport Harbor High School.

Last Agent to Sell the Property

Timothy Lewis

Elliot Lewis, Broker License #01877026 Listed on: 06/01/2015

Last Buyer's Agent

Michael Brinkman

Coastline Realty License #00926365

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,186

Year Built

  • Built in 1947

Lot Details

  • 7,841 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 2,300 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • Suburban Location
  • Septic Type Unknown

Listing and Financial Details

  • Assessor Parcel Number 42533109

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,186

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 562-221-9392
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 42533109
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 489.13

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7841.00
  • Price Per Lot Square Foot: 143.48
  • Lot Size Acres: 0.1800

Multi Family

  • Lot Size Area: 7841.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2015
Closed on
Jun 9, 2015
Sold by
Crenshaw Robert C and Crenshaw Courtney
Bought by
Srpp Iii Lp
Seller's Agent
Timothy Lewis
Elliot Lewis, Broker
Buyer's Agent
Michael Brinkman
Coastline Realty
List Price
$1,125,000
Sold Price
$1,125,000
Current Estimated Value
$2,076,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$951,224
Avg. Annual Appreciation
6.13%

Purchase Details

Closed on
Mar 19, 2007
Sold by
Faber Barry T and Faber Eleanor C
Bought by
Crenshaw Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 1996
Sold by
Faber Barry T and Faber Eleanor C
Bought by
Faber Barry T and Faber Eleanor C
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Srpp Iii Lp $1,125,000 Ticor Title Company
Crenshaw Robert C $900,000 Stewart Title Irvine
Faber Barry T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crenshaw Robert C $720,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2015 06/26/15 Sold $1,125,000 0.0% $489 / Sq Ft
06/25/2015 06/25/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $1,125,000 -- $489 / 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 $16,186 $1,352,077 $1,173,899 $178,178
2024 $16,186 $1,325,566 $1,150,881 $174,685
2023 $15,563 $1,299,575 $1,128,315 $171,260
2022 $14,857 $1,274,094 $1,106,192 $167,902
2021 $14,267 $1,249,112 $1,084,502 $164,610
2020 $14,102 $1,236,304 $1,073,381 $162,923
2019 $13,797 $1,212,063 $1,052,334 $159,729
2018 $13,518 $1,188,298 $1,031,700 $156,598
2017 $13,290 $1,164,999 $1,011,471 $153,528
2016 $13,004 $1,142,156 $991,638 $150,518
2015 $11,524 $1,003,293 $810,627 $192,666
2014 -- $959,000 $781,383 $177,617
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15139067

California Regional Multiple Listing Service (CRMLS)

APN: 425-331-09