$1,175,000
SOLD AUG 26, 2021
3 Beds
2.5 Baths
2,081 Sq Ft
$265/mo HOA Fee

Recently Sold

$565 Per Sq Ft

18% Above List Price

18 Days on Market

Highlights

  • Primary Bedroom Suite
  • Loft
  • Great Room
  • Updated Kitchen
  • Corner Lot
  • Quartz Countertops

About This Home

As of May 2022

Welcome to 2508 Cornerstone --- turnkey, remodeled and centrally located in Costa Mesa in the gated community of Cornerstone! This 3 Bedroom + LOFT home, 2.5 Bath end unit is well situated in an interior part of the neighborhood with a flood of natural light. (The upstairs loft is spacious and can be converted into a 4th bedroom!) Entering the home is a formal living room with a focal fireplace. New luxury vinyl wood flooring runs throughout the home, and the countertops have been replaced with newer Quartz countertops in bathrooms. The kitchen features stainless steel appliances with a built in refrigerator, 6 burner stove top, newer Quartz countertop, plenty of storage and is open to the dining room and family room. The master bedroom retreat includes a walk in closet and bathroom with dual vanities and separate soaking tub and walk in shower. Entertain in your private yard featuring porcelain tile floors and a decorative reclaimed wood wall detail or relax on your covered front porch. With views of the golf course, minutes to Triangle Square, SOCO Mix Mart, the OC Fairgrounds and the best beaches Orange County has to offer, come quick!

Last Agent to Sell the Property

Christine Morgan

Marterra Real Estate License #01839037 Listed on: 06/28/2021

Co-Listed By

Michelle Wahler

Marterra Real Estate License #01964152

Last Buyer's Agent

Wenyue Wu

Sia Home, Inc. License #02085917

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,872

Year Built

  • Built in 2006

HOA Fees

  • $265 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,081 Sq Ft Home
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Loft

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Quartz Bathroom Countertops
  • Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Additional Features

  • No Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 16937
  • Assessor Parcel Number 93207173

Community Details

Overview

  • 37 Units
  • Cornerstone Association, Phone Number (949) 833-2600
  • Keystone Pacific HOA

Recreation

  • Community Playground

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,872

Year Built

Built in 2006

Lot Details

0

HOA Fees

$265 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Cornerstone
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93207173
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2081.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 564.63
  • Room Type: All Bedrooms Up, Family Room, Great Room, Living Room, Loft, Master Bathroom, Master Bedroom, Master Suite
  • Bathroom Features: Bathtub, Quartz Counters, Remodeled, Separate Tub And Shower
  • Room Kitchen Features: Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Playground
  • Association Fee: 265.00
  • Association Fee Frequency: Monthly
  • Association Name: Cornerstone
  • Phone: (949) 833-2600
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Keystone Pacific

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Corner Lot
  • Latitude Manual: 33.66413700

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 37
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 638.07
  • Tax Lot: 9
  • Tax Tract Number: 16937

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2021
Closed on
Jul 21, 2021
Sold by
Masterenko Michelle and The Michelle Masterenko Trust
Bought by
Leong Thomas S and Wang Ying
Seller's Agent
Christine Morgan
Marterra Real Estate
Buyer's Agent
Wenyue Wu
Sia Home, Inc.
List Price
$999,000
Sold Price
$1,175,000
Premium/Discount to List
$176,000
17.62%
Current Estimated Value
$1,595,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$420,471
Avg. Annual Appreciation
6.16%
Original Mortgage
$548,000
Outstanding Balance
$502,967
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$992,905

Purchase Details

Listed on
Mar 19, 2019
Closed on
Apr 24, 2019
Sold by
Nevarez Revocable Trust
Bought by
Michelle Masterenko Trust
Seller's Agent
Jennifer Shamoo
Innovate Realty, Inc.
Buyer's Agent
Judie Chroman
Coldwell Banker Realty
List Price
$829,000
Sold Price
$805,000
Premium/Discount to List
-$24,000
-2.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.96%

Purchase Details

Closed on
Sep 13, 2011
Sold by
Huff Charles T
Bought by
Nevarez Leonard and Nevarez Lela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2007
Sold by
Richmond American Homes California Inc
Bought by
Huff Charles T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,750
Interest Rate
6.36%
Mortgage Type
Stand Alone Second
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 Type Sale Price Title Company
Grant Deed $1,175,000 Fidelity Natl Ttl Orange Cnt
Grant Deed $805,000 Netco Title Company
Grant Deed $555,000 Advantage Title Inc
Grant Deed $745,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $548,000 New Conventional
Previous Owner $160,000 New Conventional
Previous Owner $549,000 New Conventional
Previous Owner $111,750 Stand Alone Second
Previous Owner $596,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold $1,350,000 +3.8% $649 / Sq Ft
04/21/2022 04/21/22 For Sale $1,300,000 -3.7% $625 / Sq Ft
04/21/2022 04/21/22 Off Market $1,350,000 -- --
04/20/2022 04/20/22 Off Market $1,350,000 -- --
08/26/2021 08/26/21 Sold $1,175,000 +17.6% $565 / Sq Ft
06/28/2021 06/28/21 For Sale $999,000 +24.1% $480 / Sq Ft
05/13/2019 05/13/19 Sold $805,000 -2.9% $385 / Sq Ft
04/22/2019 04/22/19 Pending -- -- --
03/19/2019 03/19/19 For Sale $829,000 -- $396 / 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 $15,872 $1,432,630 $1,007,266 $425,364
2024 $15,872 $1,404,540 $987,516 $417,024
2023 $15,416 $1,377,000 $968,152 $408,848
2022 $13,171 $1,175,000 $793,283 $381,717
2021 $9,365 $829,606 $437,512 $392,094
2020 $9,260 $821,100 $433,026 $388,074
2019 $7,169 $624,920 $269,880 $355,040
2018 $7,025 $612,667 $264,588 $348,079
2017 $6,906 $600,654 $259,400 $341,254
2016 $6,757 $588,877 $254,314 $334,563
2015 $6,692 $580,032 $250,494 $329,538
2014 $6,539 $568,670 $245,587 $323,083
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21140177

California Regional Multiple Listing Service (CRMLS)

APN: 932-071-73