NOT LISTED FOR SALE

261 Prospect Park Tustin, CA 92780

Estimated Value: $761,000 - $896,000

2 Beds
2 Baths
1,213 Sq Ft
$683/Sq Ft Est. Value

Last Sold September 28, 2014

Last sale price $415,000 $342 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $4,998/month

56 Days on Market

Highlights

  • Private Pool
  • Property is near park
  • Courtyard Views
  • Guin Foss Elementary School Rated A-
  • Cathedral Ceiling
  • Breakfast Area or Nook

About This Home

As of September 2014

Lives like a single family home. All the convenience of a condominium. Welcome to Prospect Park. This highly upgraded 1,213-square foot home features a rich granite-topped kitchen with all-new stainless appliances. The spectacular stone and glass fireplace surround contrasts dramatically to the contemporary tiled floor. There are two spacious bedrooms featuring upgraded carpeting and two full-size bathrooms. Newer HVAC system. Large two-car attached garage with laundry. Walking distance to shopping. Yes, everything you could want. Including desirable Tustin schools.

Last Agent to Sell the Property

Jay Gaylen

First Team Real Estate License #01886984 Listed on: 06/12/2014

First Team Real Estate

Co-Listed By

Erin Kociela

First Team Real Estate License #01741562

Last Buyer's Agent

Lane Stone

Seven Gables Real Estate License #01912264

Seven Gables Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 2,614

HOA Fees

  • $192 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Patio Home
  • Composition Roof

Interior Spaces

  • 1,213 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Courtyard Views

Kitchen

  • Breakfast Area or Nook
  • Gas and Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Private Pool
  • Enclosed Patio or Porch

Additional Features

  • 2,614 Sq Ft Lot
  • Property is near park
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 4842
  • Assessor Parcel Number 40114149

Community Details

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

HOA Fees

$192 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 40114149
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1213.00
  • Interior Amenities: Cathedral Ceiling(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 342.13
  • Room Type: All Bedrooms Down

Exterior Features

  • Patio: Yes
  • View: Courtyard
  • Patio And Porch Features: Enclosed
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Composition
  • Spa: No
  • Construction Materials: Unknown

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas & Electric Range
  • Heating Type: Central
  • Laundry Features: In Garage
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 192.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Patio Home, Park Nearby
  • Lot Size Sq Ft: 2614.00
  • Lot Size Acres: 0.0600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2614.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 27
  • Tax Tract Number: 4842

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2014
Closed on
Aug 11, 2014
Sold by
Ramstack James
Bought by
Lemon Patrick Antonio and Tran Mai Tien
Seller's Agent
Jay Gaylen
First Team Real Estate
Buyer's Agent
Lane Stone
Seven Gables Real Estate
List Price
$455,000
Sold Price
$415,000
Premium/Discount to List
-$40,000
-8.79%
Current Estimated Value
$828,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$413,796
Avg. Annual Appreciation
6.32%
Original Mortgage
$415,000
Interest Rate
4.09%
Mortgage Type
VA

Purchase Details

Closed on
Oct 14, 2013
Sold by
Ramstack James
Bought by
Ramstack James and The Ramstack Revocable Living Trust

Purchase Details

Closed on
Nov 21, 2008
Sold by
White James F and White Christey Ann
Bought by
Ramstack James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 1994
Sold by
Hajny William R
Bought by
White James F and White Christey Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
6.5%
Mortgage Type
FHA
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
Lemon Patrick Antonio $415,000 Western Resources Title Co
Ramstack James -- None Available
Ramstack James P $327,500 Landwood Title
White James F $154,000 South Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lemon Patrick Antonio $415,000
Previous Owner Ramstack James P $262,000
Previous Owner White James F $151,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2014 09/28/14 Sold $415,000 0.0% $342 / Sq Ft
08/07/2014 08/07/14 Pending -- -- --
07/29/2014 07/29/14 Price Changed $415,000 -2.4% $342 / Sq Ft
07/15/2014 07/15/14 Price Changed $425,000 -3.4% $350 / Sq Ft
07/01/2014 07/01/14 Price Changed $440,000 -1.1% $363 / Sq Ft
06/24/2014 06/24/14 Price Changed $445,000 -2.2% $367 / Sq Ft
06/12/2014 06/12/14 For Sale $455,000 -- $375 / 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 $5,659 $498,761 $407,224 $91,537
2024 $5,659 $488,982 $399,239 $89,743
2023 $5,517 $479,395 $391,411 $87,984
2022 $5,429 $469,996 $383,737 $86,259
2021 $5,320 $460,781 $376,213 $84,568
2020 $5,292 $456,057 $372,356 $83,701
2019 $5,164 $447,115 $365,055 $82,060
2018 $5,080 $438,349 $357,898 $80,451
2017 $4,991 $429,754 $350,880 $78,874
2016 $4,902 $421,328 $344,000 $77,328
2015 $4,967 $415,000 $338,833 $76,167
2014 $4,003 $321,860 $236,915 $84,945
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14123418

California Regional Multiple Listing Service (CRMLS)

APN: 401-141-49