NOT LISTED FOR SALE

Estimated Value: $849,000 - $1,240,000

2 Beds
1.5 Baths
1,196 Sq Ft
$864/Sq Ft Est. Value

Last Sold December 01, 2021

Last sale price $625,000 $523 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $6,247/month

37 Days on Market

Highlights

  • No Units Above
  • All Bedrooms Downstairs
  • Laundry Room
  • Heinz Kaiser Elementary School Rated A
  • Community Pool
  • Stacked Washer and Dryer

About This Home

As of December 2021

LOCATION! LOCATION! Welcome Home to the best priced Townhome in Eastside Costa Mesa, part of Newport Mesa Unified. With easy access to freeways, shopping, restaurants, Newport Beach, you're just blocks away from back bay where you can enjoy biking, walking, hiking trails and more. Enjoy this small private community with only 10 homes total and LOW monthly HOA dues. Enter through your gated front grass yard and walk into a beautiful open floor plan with plenty of natural light and well taken care of. You will love to entertain and cook in this large kitchen with an island, overlooking and open to the dining room. Continue out to the yard which is completely private with endless opportunities for landscaping. There's an updated powder room downstairs for your guests and stackable washer and dryer. Both bedrooms are located upstairs on separate sides of the home and one full bath in the middle. This is the perfect starter home or makes for an excellent investment opportunity. There's an oversized two car detached garage, with plenty of extra storage space. Don't miss out on your chance to make this house Your home.

Last Agent to Sell the Property

Teresa Karam

Anvil Real Estate License #01973116 Listed on: 09/07/2021

Anvil Real Estate

Last Buyer's Agent

Rand Penrod

Compass License #01719236

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,352

Year Built

  • Built in 1976

Lot Details

  • 947 Sq Ft Lot
  • No Units Located Below
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,196 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • Exterior Lighting

Schools

  • Kaiser Elementary School
  • Horace Ensign Middle School
  • Newport Harbor High School

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 9270
  • Assessor Parcel Number 43916202
  • $451 per year additional tax assessments

Community Details

Overview

  • Back Bay HOA, Phone Number (949) 285-8236
  • Dave HOA

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,352

Year Built

Built in 1976

Lot Details

0

HOA Fees

$225 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 43916202
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1196.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 522.58
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Features: Association, Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Inside, Stackable, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Pets Permitted
  • Association Fee: 225.00
  • Association Fee Frequency: Monthly
  • Association Name: Back Bay HOA
  • Phone: 949-285-8236
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights
  • Association Management: Dave

Schools

  • Elementary School: Kaiser
  • High School: Newport Harbor
  • Middle Or Junior School: Horace Ensign
  • Elementary School #2: KAISER
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 947.00
  • Lot Size Acres: 0.0217

Multi Family

  • Lease Considered: No
  • Lot Size Area: 947.0000 Square Feet
  • Number Of Units Total: 10

Tax Info

  • Tax Census Tract: 631.02
  • Tax Lot: 2
  • Tax Tract Number: 9270
  • TaxOtherAnnualAssessmentAmount: 451.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Oct 28, 2021
Sold by
Aleksic Dragan and Aleksic Karen
Bought by
Arteaga Jose Mario and Arteaga Teresa
Seller's Agent
Teresa Karam
Anvil Real Estate
Buyer's Agent
Rand Penrod
Compass
List Price
$659,000
Sold Price
$625,000
Premium/Discount to List
-$34,000
-5.16%
Current Estimated Value
$1,033,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$408,361
Avg. Annual Appreciation
13.72%
Original Mortgage
$593,750
Outstanding Balance
$544,821
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$488,540

Purchase Details

Closed on
Mar 1, 2021
Sold by
Aleksic Dragan and Aleksic Karen
Bought by
Aleksic Dragan and Aleksic Karen

Purchase Details

Closed on
Jul 12, 2005
Sold by
Aleksic Karen Sue and Aleksic Dragan
Bought by
Aleksic Dragan and Aleksic Karen Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.55%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 6, 2002
Sold by
Cochrane Geoffrey A and Cochrane Melissa K
Bought by
Watts Karen Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,400
Interest Rate
4.87%

Purchase Details

Closed on
Oct 13, 2000
Sold by
Hall Lynn E and Hall Dianne R
Bought by
Cochrane Geoffrey A and Cochrane Melissa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.89%
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
Arteaga Jose Mario $625,000 Lawyers Title
Aleksic Dragan -- None Available
Aleksic Dragan -- None Available
Aleksic Dragan -- --
Watts Karen Sue -- Chicago Title Co
Cochrane Geoffrey A $175,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arteaga Jose Mario $593,750
Previous Owner Aleksic Dragan $50,000
Previous Owner Watts Karen Sue $222,400
Previous Owner Cochrane Geoffrey A $140,000
Closed Cochrane Geoffrey A $26,250
Closed Watts Karen Sue $41,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2021 12/01/21 Sold $625,000 -2.2% $523 / Sq Ft
10/15/2021 10/15/21 Pending -- -- --
09/17/2021 09/17/21 Price Changed $639,000 -3.0% $534 / Sq Ft
09/07/2021 09/07/21 For Sale $659,000 -- $551 / 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 $7,352 $663,255 $570,853 $92,402
2024 $7,352 $650,250 $559,659 $90,591
2023 $7,180 $637,500 $548,685 $88,815
2022 $7,042 $625,000 $537,926 $87,074
2021 $3,946 $331,826 $231,849 $99,977
2020 $3,909 $328,424 $229,472 $98,952
2019 $3,836 $321,985 $224,973 $97,012
2018 $3,764 $315,672 $220,562 $95,110
2017 $3,700 $309,483 $216,237 $93,246
2016 $3,621 $303,415 $211,997 $91,418
2015 $3,584 $298,858 $208,813 $90,045
2014 $3,465 $293,004 $204,722 $88,282
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21194142

California Regional Multiple Listing Service (CRMLS)

APN: 439-162-02