NOT LISTED FOR SALE

2702 Drake Ave Costa Mesa, CA 92626

Estimated Value: $1,440,454 - $1,805,000

4 Beds
2 Baths
1,437 Sq Ft
$1,082/Sq Ft Est. Value

Last Sold July 20, 2012

Last sale price $410,000 $285 Per Sq Ft

Est. 279% increase in value since last sale

Current estimated payment $8,791/month

11 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Corner Lot
  • Living Room
  • Costa Mesa High School Rated A-
  • Tile Countertops
  • Forced Air Heating System

About This Home

As of July 2012

***APPROVED SHORT SALE AT LIST PRICE*** Nice Home in a Nice Neighborhood.... Big Corner Lot House That Needs Work..... FIXER.... Make It Your Own.... 4 Bedrooms and 2 Bathrooms with an Almost 9,000 Square Foot Lot!!!! One Block from Teewinkle Park... Great Family Home!!!!

Last Agent to Sell the Property

Jeff Daniel

Coldwell Banker Realty License #01868234 Listed on: 04/23/2012

Coldwell Banker Realty

Last Buyer's Agent

Jeff Daniel

Coldwell Banker Realty License #01868234 Listed on: 04/23/2012

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,219

Year Built

  • Built in 1960

Lot Details

  • 8,769 Sq Ft Lot
  • Lot Dimensions are 79x111
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Major Repairs Completed
  • Fixer Upper
  • Stone Roof

Interior Spaces

  • 1,437 Sq Ft Home
  • Wood Burning Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • Living Room
  • Laminate Flooring
  • Tile Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 0.20
  • Tax Tract Number 3749
  • Assessor Parcel Number 14131206

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,219

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 714-863-9424
  • Property Attached: No
  • Subdivision Name Other: Mesa Del Mar
  • View: No
  • Property Condition: Fixer, Repairs Major
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 14131206
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1437.00
  • Interior Amenities: Tile Counters
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Electric, Gas, Wood Burning
  • Levels: One
  • Price Per Square Foot: 285.32
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • Patio: No
  • Fence: No
  • Pool Private: No
  • Roof: Stone
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Cable Available, Sewer Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Heating Type: Forced Air
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Corner Lot
  • Lot Size: 79x111
  • Lot Size Sq Ft: 8769.00
  • Lot Size Acres: 0.2010

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8769.0000 Square Feet

Tax Info

  • Tax Lot: 0.20
  • Tax Tract Number: 3749

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2020
Sold by
Fee Shayne and Fee Susan
Bought by
Fee Shayne and Robinson Sarah
Current Estimated Value
$1,554,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Outstanding Balance
$453,073
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$1,101,291

Purchase Details

Listed on
Apr 23, 2012
Closed on
Jul 12, 2012
Sold by
Asuega Kathy L
Bought by
Fee Shayne and Fee Susan
Seller's Agent
Jeff Daniel
Coldwell Banker Realty
Buyer's Agent
Jeff Daniel
Coldwell Banker Realty
List Price
$410,000
Sold Price
$410,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.60%
Original Mortgage
$395,650
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 2005
Sold by
Asuega Roy T
Bought by
Asuega Kathy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
4.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2000
Sold by
William Lux
Bought by
Asuega Roy T and Asuega Kathy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
8.99%

Purchase Details

Closed on
Dec 30, 1997
Sold by
Lux Theresa
Bought by
Lux William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.16%

Purchase Details

Closed on
Apr 5, 1995
Sold by
Vavra Jeffrey O and Vavra Debra C
Bought by
Lux William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
8.44%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Fee Shayne -- Lawyers Title
Fee Shayne $410,000 First American Title Company
Asuega Kathy L -- First American Title Co
Asuega Roy T $275,000 American Title
Lux William -- Fidelity National Title Ins
Lux William $29,500 Orange Coast Title
Lux William -- Orange Coast Title
Vavra Jeffrey O -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fee Shayne $510,000
Closed Fee Shayne $395,650
Previous Owner Asuega Kathy L $487,500
Previous Owner Asuega Roy T $220,000
Previous Owner Lux William $175,000
Previous Owner Lux William $5,000
Closed Lux William $75,000
Closed Asuega Roy T $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2012 07/20/12 Sold $410,000 0.0% $285 / Sq Ft
04/23/2012 04/23/12 For Sale $410,000 -- $285 / 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 $6,219 $504,878 $411,342 $93,536
2024 $6,219 $494,979 $403,277 $91,702
2023 $6,005 $485,274 $395,370 $89,904
2022 $5,795 $475,759 $387,617 $88,142
2021 $5,620 $466,431 $380,017 $86,414
2020 $5,552 $461,649 $376,121 $85,528
2019 $5,434 $452,598 $368,747 $83,851
2018 $5,326 $443,724 $361,517 $82,207
2017 $5,238 $435,024 $354,428 $80,596
2016 $5,129 $426,495 $347,479 $79,016
2015 $5,080 $420,089 $342,259 $77,830
2014 $4,966 $411,861 $335,555 $76,306
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jeff Daniel

    Coldwell Banker Realty

    (714) 536-0356

    10 Total Sales

    Jeff Daniel
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S695585

California Regional Multiple Listing Service (CRMLS)

APN: 141-312-06

California Orange County Costa Mesa 92626

2702 Drake Ave, Costa Mesa, CA

This home is located at 2702 Drake Ave, Costa Mesa, CA 92626 since 23 April 2012 and is currently estimated at $1,554,364, approximately $1,081 per square foot. This property was built in 1960. 2702 Drake Ave is a home located in Orange County with nearby schools including Sonora Elementary School, Costa Mesa High School, and Frontiers Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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