269 Walnut St Costa Mesa, CA 92627
Downtown Costa Mesa NeighborhoodEstimated Value: $1,558,000 - $1,806,000
4
Beds
3
Baths
1,904
Sq Ft
$902/Sq Ft
Est. Value
Highlights
- Open Floorplan
- High Ceiling
- Laundry Room
- Heinz Kaiser Elementary School Rated A
- No HOA
- More Than Two Accessible Exits
About This Home
As of January 2021Great opportunity to own income property on one of Eastside Costa Mesa's premier streets! Front house is a quintessential 2 bedroom, 1 bath beach bungalow with spacious front and back yards, interior laundry and a one car garage. Rear unit is a one bedroom, one bath above the two car garage with open floorplan, soaring open beam ceilings and laundry hook-ups in garage. Quiet location with several remodeled homes surrounding. Close to beaches, 17th Street and Triangle square. Long term tenants on property. Property is being sold subject to seller securing replacement property which has been identified.
BACK ON THE MARKET - HUGE PRICE REDUCTION!!!! DON'T MISS THIS OPPORTUNITY
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,797
Year Built
- Built in 1944
Lot Details
- 6,586 Sq Ft Lot
- Property fronts an alley
- 1 Common Wall
- Wood Fence
- Redwood Fence
- Density is up to 1 Unit/Acre
Parking
- 3 Car Garage
- 2 Carport Spaces
- Parking Available
- Assigned Parking
Home Design
- Bungalow
- Property Attached
- Composition Roof
Interior Spaces
- 1,904 Sq Ft Home
- Open Floorplan
- High Ceiling
- Drapes & Rods
- Blinds
Kitchen
- Gas Oven
- Gas Range
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Accessible Home Design
- More Than Two Accessible Exits
Utilities
- Central Heating
- Wall Furnace
- Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 17
- Tax Tract Number 828
- Assessor Parcel Number 42628205
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
- Eastside South Subdivision
Building Details
- 3 Leased Units
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Operating Expense $4,180
- Gross Income $59,400
- Net Operating Income $59,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 8, 2022
Sold by
Kimball Stephen C
Bought by
Two Sixty Nine Walnut Llc
Total Days on Market
84
Current Estimated Value
Purchase Details
Listed on
Aug 14, 2020
Closed on
Nov 30, 2020
Sold by
Kimball Julie C
Bought by
Kimball Stephen C
Seller's Agent
Melissa Barnes
Compass
Buyer's Agent
Melissa Barnes
Compass
List Price
$1,349,000
Sold Price
$1,110,000
Premium/Discount to List
-$239,000
-17.72%
Purchase Details
Listed on
Aug 14, 2020
Closed on
Nov 17, 2020
Sold by
269 Walnut Street Llc
Bought by
Kimball Stephen C and Kimball Katherine C
Seller's Agent
Melissa Barnes
Compass
Buyer's Agent
Melissa Barnes
Compass
List Price
$1,349,000
Sold Price
$1,110,000
Premium/Discount to List
-$239,000
-17.72%
Purchase Details
Closed on
May 13, 2017
Sold by
Li Theodore and Li Lisa
Bought by
269 Walnut Street Llc
Purchase Details
Closed on
Jun 18, 2010
Sold by
Li Theodore and Li Lisa
Bought by
Li Theodore and Li Lisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
4.82%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 28, 2009
Sold by
Carlile Kathleen M
Bought by
Li Theodore and Li Lisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.31%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 10, 2005
Sold by
Mulhall John M
Bought by
Carlile Kathleen M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
5.55%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Sep 11, 2002
Sold by
Coluccio Robert P and Coluccio Terry A
Bought by
Mulhall John M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
6.05%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Oct 3, 2001
Sold by
Coluccio Robert P and Coluccio Terry A
Bought by
Coluccio Robert P and Coluccio Terry A
Purchase Details
Closed on
Apr 5, 2001
Sold by
Coluccio Robert P and Coluccio Terry A
Bought by
Coluccio Robert P and Coluccio Terry A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 17, 1998
Sold by
Coluccio Robert P and Coluccio Terry A
Bought by
Coluccio Robert P and Coluccio Terry A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.86%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Feb 6, 1996
Sold by
Nettles Jannette
Bought by
Coluccio Robert P and Coluccio Terry A
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%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Costa Mesa, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Two Sixty Nine Walnut Llc | -- | -- | |
| Kimball Stephen C | -- | Chicago Title Insurance | |
| Kimball Stephen C | $1,110,000 | Chicago Title Company | |
| 269 Walnut Street Llc | -- | None Available | |
| Li Theodore | -- | Accommodation | |
| Li Theodore | $606,000 | Advantage Title Inc | |
| Carlile Kathleen M | $1,050,000 | Orange Coast Title | |
| Mulhall John M | $630,000 | Stewart Title | |
| Coluccio Robert P | -- | United Title Company | |
| Coluccio Robert P | -- | Fidelity National Title Ins | |
| Coluccio Robert P | -- | -- | |
| Coluccio Robert P | $175,000 | Orange Coast Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kimball Stephen C | $600,000 | |
| Previous Owner | Li Theodore | $383,000 | |
| Previous Owner | Li Theodore | $408,000 | |
| Previous Owner | Li Theodore | $413,000 | |
| Previous Owner | Li Theodore | $417,000 | |
| Previous Owner | Carlile Kathleen M | $0 | |
| Previous Owner | Carlile Kathleen M | $787,500 | |
| Previous Owner | Mulhall John M | $435,000 | |
| Previous Owner | Coluccio Robert P | $315,000 | |
| Previous Owner | Coluccio Robert P | $215,000 | |
| Previous Owner | Coluccio Robert P | $173,000 | |
| Previous Owner | Coluccio Robert P | $140,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/05/2021 01/05/21 | Sold | $1,110,000 | -5.9% | $583 / Sq Ft |
| 10/25/2020 10/25/20 | Price Changed | $1,179,000 | -9.2% | $619 / Sq Ft |
| 08/31/2020 08/31/20 | Price Changed | $1,299,000 | -3.7% | $682 / Sq Ft |
| 08/14/2020 08/14/20 | For Sale | $1,349,000 | -- | $709 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $13,797 | $1,177,940 | $1,056,524 | $121,416 |
| 2023 | $13,376 | $1,154,844 | $1,035,808 | $119,036 |
| 2022 | $13,026 | $1,132,200 | $1,015,498 | $116,702 |
| 2021 | $8,591 | $722,664 | $597,018 | $125,646 |
| 2020 | $8,480 | $715,254 | $590,896 | $124,358 |
| 2019 | $8,291 | $701,230 | $579,310 | $121,920 |
| 2018 | $8,121 | $687,481 | $567,951 | $119,530 |
| 2017 | $7,988 | $674,001 | $556,814 | $117,187 |
| 2016 | $7,821 | $660,786 | $545,896 | $114,890 |
| 2015 | $7,749 | $650,861 | $537,696 | $113,165 |
| 2014 | $7,577 | $638,112 | $527,163 | $110,949 |
Source: Public Records
Agents Affiliated with this Home
-
Melissa Barnes
Seller's Agent in 2021
Melissa Barnes
Compass
(949) 633-1896
7 in this area
46 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP20163323
APN: 426-282-05
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