NOT LISTED FOR SALE

Estimated Value: $1,725,000 - $2,059,727

1 Bed
1 Bath
552 Sq Ft
$3,455/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $1,087,500 $1,970 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $11,070/month

16 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Bathtub
  • Heinz Kaiser Elementary School Rated A
  • Cottage
  • Living Room

About This Home

As of September 2020

BUILDERS!! Do not miss the fantastic opportunity that awaits you with this 1 bedroom 1 bath home situated on a spacious 8510 square foot lot. This adorable bungalow is also ideal for that bachelor or young couple. The home is nestled in the highly sought-after neighborhood in East Costa Mesa. Here is your chance to build your dream home or restore one of the earliest homes in the neighborhood. You have only a short walk to Triangle Square, South Coast Plaza, Fashion Island, Beaches and John Wayne Airport. Don't miss out!!

Last Agent to Sell the Property

Fred Martinez

Coldwell Banker Realty License #459805 Listed on: 08/20/2020

Coldwell Banker Realty

Last Buyer's Agent

Kim Vavere

Fathom Realty Group Inc. License #01993458

Fathom Realty Group Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 8,510 Sq Ft Lot
  • Wood Fence
  • Level Lot

Parking

  • 1 Car Garage
  • Carport
  • Parking Available
  • Driveway Level

Home Design

  • Cottage
  • Bungalow
  • Fixer Upper
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 552 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room

Kitchen

  • Electric Oven
  • Built-In Range
  • Formica Countertops

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Bathtub

Outdoor Features

  • Exterior Lighting

Schools

  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 174
  • Tax Tract Number 516
  • Assessor Parcel Number 42628116

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Eastside North (ENCM)
  • View: No
  • Architectural Style: Bungalow, Cottage
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42628116
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 552.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Formica Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1970.11
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom
  • Bathroom Features: Bathtub
  • Room Kitchen Features: Formica Counters

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Driveway, Concrete, Driveway Level, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected
  • Laundry: No
  • Appliances: Built-In Range, Electric Oven
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Level
  • Lot Size Sq Ft: 8510.00
  • Lot Size Acres: 0.1954

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8510.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 174
  • Tax Tract Number: 516

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Sep 8, 2020
Sold by
Nigro Louis M and Petersen Christine
Bought by
Vavere Mason T and Vavere Tara B
Seller's Agent
Fred Martinez
Coldwell Banker Realty
Buyer's Agent
Kim Vavere
Fathom Realty Group Inc.
List Price
$1,100,000
Sold Price
$1,087,500
Premium/Discount to List
-$12,500
-1.14%
Current Estimated Value
$1,907,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$819,932
Avg. Annual Appreciation
11.25%
Original Mortgage
$744,000
Outstanding Balance
$660,251
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,247,181
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
Vavere Mason T $1,135,000 Equity Title Orange County
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vavere Mason T $744,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $1,087,500 -1.1% $1,970 / Sq Ft
09/05/2020 09/05/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $1,100,000 -- $1,993 / 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 $13,156 $1,385,294 $1,152,058 $233,236
2024 $13,156 $1,154,063 $1,129,469 $24,594
2023 $12,780 $1,131,435 $1,107,323 $24,112
2022 $12,460 $1,109,250 $1,085,610 $23,640
2021 $12,156 $1,087,500 $1,064,323 $23,177
2020 $3,647 $287,506 $260,238 $27,268
2019 $3,567 $281,869 $255,135 $26,734
2018 $3,495 $276,343 $250,133 $26,210
2017 $3,438 $270,925 $245,228 $25,697
2016 $3,368 $265,613 $240,419 $25,194
2015 $3,334 $261,624 $236,808 $24,816
2014 $3,261 $256,500 $232,170 $24,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20170961

California Regional Multiple Listing Service (CRMLS)

APN: 426-281-16