NOT LISTED FOR SALE

260 E 19th St Costa Mesa, CA 92627

Downtown Costa Mesa Neighborhood

Estimated Value: $1,927,000 - $2,332,000

5 Beds
2 Baths
1,904 Sq Ft
$1,108/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $1,200,000 $630 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $12,303/month

6 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Tile Flooring
  • Heinz Kaiser Elementary School Rated A
  • Laundry Room
  • Wood Fence

About This Home

As of July 2020

Great Duplex in one of the best area's of Eastside Costa Mesa. Large driveway with plenty of parking. Front unit is a 2br/1ba just over 900 sqft. Back unit is a 3br/1ba with over 1000 sqft. Upgrades to both units have been made over the years. Close to Triangle square and 17th street. 5 minutes from the beach. Walk to shopping and restaurants.

Last Agent to Sell the Property

Kip Hancock

Torelli Realty License #01336886 Listed on: 06/12/2020

Last Buyer's Agent

Kip Hancock

Torelli Realty License #01336886 Listed on: 06/12/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 8,564 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Sprinklers on Timer
  • Private Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway Level
  • Parking Lot

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,904 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Laundry in Kitchen

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Private Water Source

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 174
  • Tax Tract Number 516
  • Assessor Parcel Number 42628117

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $800
  • Water Sewer Expense $540
  • New Taxes Expense $12,000
  • Operating Expense $13,340
  • Gross Income $60,720
  • Net Operating Income $60,720

Property Details

Home Type

Multi-Family

Year Built

Built in 1960 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 540.00
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 42628117
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 630.25

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway Level, Parking Space
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range
  • Electric: Electricity - On Property, Standard
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage, In Kitchen
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers Timer, Yard
  • Lot Size Sq Ft: 8564.00
  • Lot Size Acres: 0.1966
  • Latitude Manual: 33.63957100

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average2 Bed Area: 952 Square Feet
  • Average3 Bed Area: 1094 Square Feet
  • Gross Income: 60720.00
  • Gross Scheduled Income: 60720.00
  • Insurance Expense: 800.00
  • Lot Size Area: 8564.0000 Square Feet
  • Net Operating Income: 60720.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Rent Control: No
  • Total Actual Rent: 5060.00
  • Total Expenses: 13340.00

Tax Info

  • New Taxes Expense: 12000.00
  • Tax Census Tract: 632.02
  • Tax Lot: 174
  • Tax Tract Number: 516

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Jun 19, 2020
Sold by
Hanson Harold O
Bought by
Thobe John J and Thobe Carolyn E
Seller's Agent
Kip Hancock
Torelli Realty
Buyer's Agent
Kip Hancock
Torelli Realty
List Price
$1,200,000
Sold Price
$1,200,000
Current Estimated Value
$2,110,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$910,216
Avg. Annual Appreciation
11.00%
Original Mortgage
$900,000
Outstanding Balance
$796,279
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,313,937

Purchase Details

Closed on
Oct 15, 2011
Sold by
Hanson Harold O and Hanson Jenny F
Bought by
Hanson Harold O and Hanson Jenny F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2011
Sold by
Hanson Harold O and Hanson Jenny F
Bought by
Hanson Harold O and Hanson Jenny F

Purchase Details

Closed on
Mar 21, 2011
Sold by
Hanson Harold O and Hanson Jenny F
Bought by
Hanson Harold O and Hanson Jenny F

Purchase Details

Closed on
Jun 8, 2009
Sold by
Hanson Cyrille
Bought by
Hanson Harold O and Hanson Jenny F

Purchase Details

Closed on
Aug 11, 2006
Sold by
Prostor Jeffrey J and Prostor Susan M
Bought by
Prostor Jeffrey J

Purchase Details

Closed on
Oct 20, 2003
Sold by
Amburgey Dale
Bought by
Fraser Bunni

Purchase Details

Closed on
Nov 4, 2002
Sold by
Forbess Robert E
Bought by
Forbess Robert E

Purchase Details

Closed on
Nov 6, 2000
Sold by
Fraser Bunni L
Bought by
Fraser B L

Purchase Details

Closed on
Dec 11, 1995
Sold by
Ashley Anthony C and Ashley Jo An S
Bought by
Hanson Harold O and Hanson Jenny F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 1993
Sold by
Prostor Jeffrey J and Prostor Susan R Maurillo
Bought by
Prostor Jeffrey J and Prostor Susan M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Thobe John J $1,200,000 Fidelity National Title
Hanson Harold O -- Fidelity National Title
Hanson Harold O -- Fidelity National Title
Hanson Harold O -- None Available
Hanson Harold O -- None Available
Hanson Harold O -- None Available
Prostor Jeffrey J -- Accommodation
Fraser Bunni -- --
Forbess Robert E -- --
Fraser B L -- First American Title Co
Hanson Harold O $255,000 Fidelity National Title Ins
Prostor Jeffrey J -- First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thobe John J $900,000
Previous Owner Hanson Harold O $307,000
Previous Owner Hanson Harold O $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $1,200,000 0.0% $630 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $1,200,000 -- $630 / 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 $14,950 $1,298,917 $1,211,824 $87,093
2024 $14,950 $1,273,449 $1,188,063 $85,386
2023 $14,501 $1,248,480 $1,164,768 $83,712
2022 $14,131 $1,224,000 $1,141,929 $82,071
2021 $13,750 $1,200,000 $1,119,538 $80,462
2020 $5,164 $387,345 $288,219 $99,126
2019 $5,046 $379,750 $282,567 $97,183
2018 $4,943 $372,304 $277,026 $95,278
2017 $4,867 $365,004 $271,594 $93,410
2016 $4,772 $357,848 $266,269 $91,579
2015 $4,728 $352,473 $262,269 $90,204
2014 $4,628 $345,569 $257,131 $88,438
Source: Public Records

Agents Affiliated with this Home

  • Kip Hancock

    Seller's Agent in 2020

    Kip Hancock

    Torelli Realty

    (714) 540-7355

    58 Total Sales

    Kip Hancock
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20110787

California Regional Multiple Listing Service (CRMLS)

APN: 426-281-17

California Orange County Costa Mesa 92627 Downtown Costa Mesa

260 E 19th St, Costa Mesa, CA

Not Listed for Sale

MultiFamily

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