NOT LISTED FOR SALE

270 S Prospect Ave Tustin, CA 92780

Estimated Value: $1,192,000 - $1,428,000

3 Beds
2.5 Baths
1,859 Sq Ft
$710/Sq Ft Est. Value

Last Sold September 15, 2015

Last sale price $690,000 $371 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $7,835/month

68 Days on Market

Highlights

  • Great Room
  • Guin Foss Elementary School Rated A-
  • Central Air

About This Home

As of September 2015

REDUCED $50,000. Here is a great opportunity to live and work in Old Town Tustin in a charming modern condominium with your work space at street level and living above. Prospect Village is located at the site of the historic Utt Juice Co. The commercial space at street side apx. 464 sqft and not included in the residential sqft is ADA compliant with a half bath and its own street side entry and included in the price. At the back of the downstairs level is a fully finished 2 car garage with an automatic garage door opener. Up a flight of stairs is a 3 bedroom condo with 2 full bathrooms, a well appointed kitchen featuring stainless steel appliances, living room/dining room and a covered balcony when you can enjoy the afternoon sun. The 2 story ceilings in the living room and large windows create the feeling of great space. Two bedrooms, the concealed laundry and a full bath complete the space on this level. The upper floor is dedicated to the master suite retreat with a spacious bathroom (separate shower and tub), walk-in closet, window bench and book shelves. The convenience of having the library, shops, grocery store and restaurants within a stones through is amazing.

Last Agent to Sell the Property

Ann Quintiliani

North Hills Realty License #00809418 Listed on: 05/22/2015

Co-Listed By

Pat Koval

North Hills Realty License #00477901

Last Buyer's Agent

Pat Koval

North Hills Realty License #00477901

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2007

Lot Details

  • 1,294 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls

HOA Fees

  • $176 Monthly HOA Fees

Parking

  • 3 Car Garage

Interior Spaces

  • 1,859 Sq Ft Home
  • 3-Story Property
  • Great Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Additional Features

  • Exterior Lighting
  • Central Air

Community Details

  • 12 Units

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 16481
  • Assessor Parcel Number 40158520

Townhouse Details

Home Type

Townhome

Year Built

Built in 2007

Lot Details

0

HOA Fees

$176 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Inclusions: Washer, dryer and refrigerator
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • View: No
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 40158520
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1859.00
  • Stories: 3
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Price Per Square Foot: 371.17
  • Room Type: All Bedrooms Up, Great Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 176.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Size Sq Ft: 1294.00
  • Price Per Lot Square Foot: 533.23
  • Lot Size Acres: 0.0300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1294.0000 Square Feet
  • Number Of Units In Community: 12
  • Number Of Units Total: 12

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 16481

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2017
Sold by
Costa Marcos A and Da Costa Luciana Figueiredo
Bought by
Da Costa Marcos Alexandre Leal R and Da Costa Luciana Figueiredo
Current Estimated Value
$1,320,498

Purchase Details

Listed on
May 22, 2015
Closed on
Aug 21, 2015
Sold by
Costa Luciana Figueiredo
Bought by
Costa Marcos A
Seller's Agent
Ann Quintiliani
North Hills Realty
Buyer's Agent
Pat Koval
North Hills Realty
List Price
$798,000
Sold Price
$690,000
Premium/Discount to List
-$108,000
-13.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%
Original Mortgage
$552,000
Outstanding Balance
$432,366
Interest Rate
3.91%
Mortgage Type
Balloon
Estimated Equity
$888,132

Purchase Details

Listed on
May 22, 2015
Closed on
Aug 3, 2015
Sold by
Gibbs Derek and Gibbs Suzanne Utaski
Bought by
Costa Marcos A
Seller's Agent
Ann Quintiliani
North Hills Realty
Buyer's Agent
Pat Koval
North Hills Realty
List Price
$798,000
Sold Price
$690,000
Premium/Discount to List
-$108,000
-13.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Outstanding Balance
$432,366
Interest Rate
3.91%
Mortgage Type
Balloon
Estimated Equity
$888,132

Purchase Details

Closed on
Mar 25, 2011
Sold by
Ngo Clarissa J
Bought by
Gibbs Derek and Gibbs Suzanne Utaski

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,500
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2009
Sold by
Prospect Village Lp
Bought by
Ngo Clarissa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2009
Sold by
Prospect Village Lp
Bought by
Prospect Village Lp
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
Da Costa Marcos Alexandre Leal R -- None Available
Costa Marcos A -- Orange Coast Title Co Socal
Costa Marcos A $690,000 Orange Coast Title Co Socal
Gibbs Derek $568,500 Orange Coast Title
Ngo Clarissa J $610,000 Stewart Title Of California
Prospect Village Lp -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costa Marcos A $552,000
Previous Owner Gibbs Derek $268,500
Previous Owner Ngo Clarissa J $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2015 09/15/15 Sold $690,000 -7.9% $371 / Sq Ft
07/29/2015 07/29/15 Pending -- -- --
07/10/2015 07/10/15 Price Changed $749,000 -6.1% $403 / Sq Ft
05/22/2015 05/22/15 For Sale $798,000 -- $429 / 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 $9,053 $816,818 $433,321 $383,497
2024 $9,053 $800,802 $424,824 $375,978
2023 $8,838 $785,100 $416,494 $368,606
2022 $8,711 $769,706 $408,327 $361,379
2021 $8,535 $754,614 $400,320 $354,294
2020 $8,492 $746,877 $396,215 $350,662
2019 $8,282 $732,233 $388,446 $343,787
2018 $8,146 $717,876 $380,829 $337,047
2017 $8,004 $703,800 $373,361 $330,439
2016 $7,861 $690,000 $366,040 $323,960
2015 $7,107 $606,023 $285,603 $320,420
2014 $6,925 $594,152 $280,008 $314,144
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15111645

California Regional Multiple Listing Service (CRMLS)

APN: 401-585-20