$1,250,000
SOLD MAY 10, 2023
4 Beds
2 Baths
1,173 Sq Ft
6,150 Sq Ft Lot

Recently Sold

$1,066 Per Sq Ft

4% Below List Price

7 Days on Market

Highlights

  • Property is near public transit
  • Traditional Architecture
  • Lawn
  • Heinz Kaiser Elementary School Rated A
  • Main Floor Bedroom
  • No HOA

About This Home

As of October 2023

Attention Rehab-Investors, a fabulous opportunity awaits you in Costa Mesa, California. This one-story home presents a fantastic investment in a sought-after, well-maintained neighborhood. This home is on a 6,150 square foot lot and this charming house has (3) Bedrooms, (2) Bathrooms, and 1,173 square feet of living space. This home is a gem in need of polish awaiting your help to achieve its maximum potential. More images will be released shortly.

Last Agent to Sell the Property

Carlos Ivie

Carlos Ivie, Broker License #01435940 Listed on: 04/09/2023

Last Buyer's Agent

Alina Chubay

Omega Realty & Lending,Inc. License #01526845

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,784

Year Built

  • Built in 1955

Lot Details

  • 6,150 Sq Ft Lot
  • Wood Fence
  • Rectangular Lot
  • Level Lot
  • Lawn
  • Front Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway Up Slope From Street

Home Design

  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Fixer Upper
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,173 Sq Ft Home
  • 1-Story Property
  • Awning
  • Wood Frame Window
  • Window Screens
  • Termite Clearance

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit
  • Urban Location

Schools

  • Horace Ensign Middle School
  • Newport Harbor High School

Utilities

  • No Heating
  • Overhead Utilities
  • Phone Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 2562
  • Assessor Parcel Number 42614309
  • $793 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,784

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Architectural Style: Ranch, Traditional
  • Property Condition: Fixer, Repairs Cosmetic, Termite Clearance
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42614309
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1173.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 1065.64
  • Room Type: All Bedrooms Down, Kitchen, Main Floor Bedroom
  • Window Features: Screens, Wood Frames

Exterior Features

  • Patio: Yes
  • Exterior Features: Awning(s), Rain Gutters
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Covered, Patio, Patio Open
  • Pool Private: No
  • Roof: Asphalt, Shingle
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Driveway Up Slope From Street, Garage, Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: No
  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Storm Drains, Street Lights, Urban

Schools

  • School District: Newport Mesa Unified
  • Middle School: Horace Ensign
  • High School: Newport Harbor
  • High School: Newport Harbor
  • Middle Or Junior School: Horace Ensign
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Rectangular Lot, Level, Near Public Transit, Utilities - Overhead
  • Lot Size Sq Ft: 6150.00
  • Lot Size Acres: 0.1412

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6150.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 632.01
  • Tax Lot: 8
  • Tax Tract Number: 2562
  • TaxOtherAnnualAssessmentAmount: 793.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Oct 5, 2023
Sold by
Lemontree Road Llc
Bought by
Andrew J Spielberg Living Trust and Spielberg
Seller's Agent
Natalie Nelson
RE/MAX One
Buyer's Agent
Grant Bixby
Compass
List Price
$1,799,000
Sold Price
$1,775,000
Premium/Discount to List
-$24,000
-1.33%
Views
38
Current Estimated Value
$2,081,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,854
Avg. Annual Appreciation
6.03%

Purchase Details

Listed on
Apr 9, 2023
Closed on
Apr 20, 2023
Sold by
Carole M Horton Revocable Living Trust
Bought by
Lemontree Road Llc
Seller's Agent
Carlos Ivie
Carlos Ivie, Broker
Buyer's Agent
Alina Chubay
Omega Realty & Lending,Inc.
List Price
$1,300,000
Sold Price
$1,250,000
Premium/Discount to List
-$50,000
-3.85%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
117.98%
Original Mortgage
$1,072,500
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2011
Sold by
Horton Carole M
Bought by
Horton Carole M and The Carole M Horton Revocable Living Tru
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,775,000 First American Title
Grant Deed $1,250,000 First American Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,072,500 New Conventional
Previous Owner $75,000 Credit Line Revolving
Previous Owner $70,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2023 10/23/23 Sold $1,775,000 -1.3% $1,513 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
09/21/2023 09/21/23 For Sale $1,799,000 +43.9% $1,534 / Sq Ft
05/10/2023 05/10/23 Sold $1,250,000 -3.8% $1,066 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
04/09/2023 04/09/23 For Sale $1,300,000 0.0% $1,108 / Sq Ft
04/06/2023 04/06/23 Price Changed $1,300,000 -- $1,108 / 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
2024 $19,784 $1,791,000 $1,733,130 $57,870
2023 $1,515 $63,789 $29,777 $34,012
2022 $1,377 $62,539 $29,193 $33,346
2021 $1,285 $61,313 $28,620 $32,693
2020 $1,258 $60,685 $28,327 $32,358
2019 $1,229 $59,496 $27,772 $31,724
2018 $1,204 $58,330 $27,228 $31,102
2017 $1,188 $57,187 $26,694 $30,493
2016 $1,169 $56,066 $26,170 $29,896
2015 $1,155 $55,224 $25,777 $29,447
2014 $1,133 $54,143 $25,272 $28,871
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23052713

California Regional Multiple Listing Service (CRMLS)

APN: 426-143-09