NOT LISTED FOR SALE

272 E 21st St Costa Mesa, CA 92627

Eastside Costa Mesa Neighborhood

Estimated Value: $1,810,318 - $1,968,000

4 Beds
2 Baths
1,800 Sq Ft
$1,049/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $1,325,000 $736 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $11,237/month

15 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • Park
  • Heinz Kaiser Elementary School Rated A
  • Living Room
  • Laundry Room

About This Home

As of October 2020

We are pleased to present the sale of 272 E. 21st Street, located in the highly desirable neighborhood of Eastside Costa Mesa. This duplex offers multiple opportunities for either the investor looking to grow their real estate portfolio, or for an owner-user looking to live in one unit while generating excellent income from the other. The property consists of two units that offer two spacious bedrooms, one bathroom, and excellent sized backyards that must be seen to be appreciated. Each unit comes with a single car garage as well as separately metered for gas and electricity. Upgrades include laminate flooring, dual pane windows, recessed lighting, stainless steel appliances, and mature landscaping. Ideally positioned right in the middle of Eastside Costa Mesa, the location offers tenants close proximity to major freeways, world class beaches, and all the amenities 17th Street has to offer. This is one investment you do not want to miss! Please do not disturb tenants!

Last Agent to Sell the Property

Tim Carr

Pacific Sotheby's Int'l Realty License #01017277 Listed on: 08/13/2020

Last Buyer's Agent

Christopher Lardie

HomeSmart, Evergreen Realty License #01929117

HomeSmart, Evergreen Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 9,148 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Water Heater

Listing and Financial Details

  • Tax Lot 254
  • Tax Tract Number 516
  • Assessor Parcel Number 42615105

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Eastside Central Subdivision

Recreation

  • Park

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Eastside Central (ECCM)
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 42615105
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 736.11
  • Room Type: All Bedrooms Down, Kitchen, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Water Heater
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Park, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 9148.00
  • Lot Size Acres: 0.2100

Multi Family

  • Lot Size Area: 9148.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 632.01
  • Tax Lot: 254
  • Tax Tract Number: 516

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Sep 2, 2020
Sold by
Wayne John Ethan
Bought by
Dey Jeffrey Paul
Seller's Agent
Tim Carr
Pacific Sotheby's Int'l Realty
Buyer's Agent
Christopher Lardie
HomeSmart, Evergreen Realty
List Price
$1,389,000
Sold Price
$1,325,000
Premium/Discount to List
-$64,000
-4.61%
Current Estimated Value
$1,888,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$563,580
Avg. Annual Appreciation
6.94%
Original Mortgage
$993,750
Outstanding Balance
$881,887
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,006,693

Purchase Details

Closed on
Jan 4, 2013
Sold by
Wayne John Ethan
Bought by
Wayne John Ethan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2011
Sold by
Wayne John E
Bought by
Wayne John Ethan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,800
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2010
Sold by
Wayne John E
Bought by
Wayne John Ethan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,850
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2009
Sold by
Wayne John E
Bought by
Wayne John Ethan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,750
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2005
Sold by
Wayne Ethan
Bought by
Wayne John Ethan

Purchase Details

Closed on
Sep 8, 2004
Sold by
Stelle George and Stelle Priscilla Dee
Bought by
Wayne Ethan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,200
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
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
Dey Jeffrey Paul $1,325,000 North American Title Co
Wayne John Ethan -- None Available
Wayne John Ethan -- Fat
Wayne John Ethan -- Accommodation
Wayne John E -- First American Title Company
Wayne John Ethan -- Accommodation
Wayne John E -- First American Title Company
Wayne John Ethan -- Accommodation
Wayne John E -- First American Title Company
Wayne John Ethan -- --
Wayne Ethan $689,500 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dey Jeffrey Paul $993,750
Previous Owner Wayne John Ethan $525,000
Previous Owner Wayne John E $530,800
Previous Owner Wayne John E $533,850
Previous Owner Wayne John E $533,750
Previous Owner Wayne Ethan $551,200
Closed Wayne Ethan $68,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2020 10/01/20 Sold $1,325,000 -4.6% $736 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $1,389,000 -- $772 / 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 $16,346 $1,434,222 $1,364,155 $70,067
2024 $16,346 $1,406,100 $1,337,406 $68,694
2023 $15,864 $1,378,530 $1,311,182 $67,348
2022 $15,472 $1,351,500 $1,285,472 $66,028
2021 $15,065 $1,325,000 $1,260,266 $64,734
2020 $10,332 $878,211 $797,437 $80,774
2019 $10,106 $860,992 $781,801 $79,191
2018 $9,901 $844,110 $766,471 $77,639
2017 $9,737 $827,559 $751,442 $76,117
2016 $9,532 $811,333 $736,708 $74,625
2015 $9,443 $799,147 $725,642 $73,505
2014 $9,232 $783,493 $711,427 $72,066
Source: Public Records

Agents Affiliated with this Home

  • Tim Carr

    Seller's Agent in 2020

    Tim Carr

    Pacific Sotheby's Int'l Realty

    (949) 230-8454

    21 in this area

    150 Total Sales

    Tim Carr
    Section Image
  • Christopher Lardie

    Buyer's Agent in 2020

    Christopher Lardie

    HomeSmart, Evergreen Realty

    (949) 547-3055

    3 in this area

    128 Total Sales

    Christopher Lardie
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20162636

California Regional Multiple Listing Service (CRMLS)

APN: 426-151-05

California Orange County Costa Mesa 92627 Eastside Costa Mesa

272 E 21st St, Costa Mesa, CA

Not Listed for Sale

MultiFamily

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