NOT LISTED FOR SALE

2466 Fairbrook Way Costa Mesa, CA 92626

Estimated Value: $972,000 - $1,215,000

2 Beds
2 Baths
1,527 Sq Ft
$690/Sq Ft Est. Value

Last Sold February 11, 2014

Last sale price $462,500 $303 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $6,316/month

52 Days on Market

Highlights

  • Private Pool
  • Primary Bedroom Suite
  • Open Floorplan
  • Costa Mesa High School Rated A-
  • Ocean Side of Freeway
  • 4-minute walk to Neth Park

About This Home

As of February 2014

It’s your lucky day! There are only about 30 units in the small, quiet community of Fairview Village so when homes become available they don’t last long. And why would they? With contemporary architecture that is striking & refreshing, the high, vaulted ceilings in almost every room make this property feel even larger than the 1500+ sf that it all ready offers! The kitchen & bathrooms have all been updated with newer wood cabinetry topped with granite counters & plenty of storage space. The kitchen features a large window overlooking the scenic landscaping & front patio. There is a dining room + an extra bonus space that could be used for an office, den or separate formal dining area. The huge living room has cathedral ceilings, a brick fireplace & sliders to balcony. Both bedrooms have en suite bathrooms too - don't miss all the closet space! Attached 2-car garage has laundry hookups. Quiet, interior location. Central air!!! Pool & spa are gorgeous and just steps away. Walk to the OC Fair, schools, parks, hop on the 55/405/73 freeways with ease, and just a short drive to South Coast Plaza, beaches & more! Low HOA dues. Could be a great income property - similar units rent for about $2200/month. FHA/VA financing will be considered!

Last Agent to Sell the Property

Holly McDonald

Compass Newport Beach License #01892567 Listed on: 11/21/2013

Compass Newport Beach

Last Buyer's Agent

Brittany Canfield

NON-MEMBER/NBA or BTERM OFFICE License #01924013

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1979

Lot Details

  • 1,742 Sq Ft Lot
  • Two or More Common Walls
  • West Facing Home

HOA Fees

  • $260 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,527 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Recessed Lighting
  • Entryway
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Neighborhood Views
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Ocean Side of Freeway
  • Living Room Balcony

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 31
  • Tax Tract Number 10522
  • Assessor Parcel Number 41914231

Community Details

Overview

  • 30 Units
  • Fairview Village Association, Phone Number (714) 432-7588

Recreation

  • Community Pool
  • Community Spa

Townhouse Details

Home Type

Townhome

Year Built

Built in 1979

Lot Details

0

HOA Fees

$260 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Fairview Village (FVIL)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 41914231
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1527.00
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Granite Counters, Living Room Balcony, Open Floorplan, Pantry, Recessed Lighting
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room, Separated
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 302.88
  • Room Type: All Bedrooms Up, Bonus Room, Entry, Living Room, Master Suite, Two Masters
  • Spa Features: Association

Exterior Features

  • Direction Faces: West
  • View: Neighborhood
  • Pool Features: Community
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 260.00
  • Association Fee Frequency: Monthly
  • Association Name: Fairview Village
  • Phone: 714-432-7588
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Size Sq Ft: 1742.00
  • Lot Size Acres: 0.0400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1742.0000 Square Feet
  • Number Of Units In Community: 30
  • Number Of Units Total: 30
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Lot: 31
  • Tax Tract Number: 10522

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2013
Closed on
Jan 14, 2014
Sold by
Mcloon Daniel J
Bought by
Concepcion Anthony C
Seller's Agent
Holly McDonald
Compass Newport Beach
Buyer's Agent
Brittany Canfield
NON-MEMBER/NBA or BTERM OFFICE
List Price
$475,000
Sold Price
$462,500
Premium/Discount to List
-$12,500
-2.63%
Current Estimated Value
$1,053,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$590,559
Avg. Annual Appreciation
7.17%
Original Mortgage
$416,250
Outstanding Balance
$314,160
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$738,899

Purchase Details

Closed on
Mar 8, 2012
Sold by
Mcloon Lois H
Bought by
Mcloon Lois H and Lois H Mcloon Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2008
Sold by
Mcloon Lois H
Bought by
Mcloon Lois H and Lois H Mcloon Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2005
Sold by
Mcloon Lois H
Bought by
Mcloon Lois H and The Lois H Mcloon Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2002
Sold by
Mcloon Lois H
Bought by
Mcloon Lois H and The Lois H Mcloon Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,500
Interest Rate
6.43%

Purchase Details

Closed on
Apr 17, 2001
Sold by
Mcloon Lois Hansen
Bought by
Mcloon Lois H and The Lois H Mcloon Trust

Purchase Details

Closed on
Aug 16, 2000
Sold by
Hansen Harold S and Hansen Monta M
Bought by
Mcloon Lois Hansen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
8.2%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Concepcion Anthony C $462,500 Wfg Title Company Of Ca
Mcloon Lois H -- Accommodation
Mcloon Lois H -- First American Title
Mcloon Lois H -- Accommodation
Mcloon Lois H -- Southland Title Company
Mcloon Lois H -- Alliance Title Company
Mcloon Lois H -- Alliance Title Company
Mcloon Lois H -- American Title
Mcloon Lois H -- American Title
Mcloon Lois H -- --
Mcloon Lois Hansen -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Concepcion Anthony C $416,250
Previous Owner Mcloon Lois H $187,000
Previous Owner Mcloon Lois H $196,000
Previous Owner Mcloon Lois H $192,000
Previous Owner Mcloon Lois H $146,500
Previous Owner Mcloon Lois Hansen $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2014 02/11/14 Sold $462,500 -2.6% $303 / Sq Ft
01/12/2014 01/12/14 Pending -- -- --
11/21/2013 11/21/13 For Sale $475,000 -- $311 / 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 $6,457 $566,955 $416,048 $150,907
2024 $6,457 $555,839 $407,890 $147,949
2023 $6,268 $544,941 $399,892 $145,049
2022 $6,064 $534,256 $392,051 $142,205
2021 $5,892 $523,781 $384,364 $139,417
2020 $5,835 $518,411 $380,423 $137,988
2019 $5,721 $508,247 $372,964 $135,283
2018 $5,609 $498,282 $365,651 $132,631
2017 $5,512 $488,512 $358,481 $130,031
2016 $5,390 $478,934 $351,452 $127,482
2015 $5,335 $471,740 $346,172 $125,568
2014 $2,617 $462,500 $345,767 $116,733
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13236000

California Regional Multiple Listing Service (CRMLS)

APN: 419-142-31