NOT LISTED FOR SALE

280 S Prospect Ave Tustin, CA 92780

Estimated Value: $1,351,000 - $1,510,453

3 Beds
2.5 Baths
2,095 Sq Ft
1,677 Sq Ft Lot

Highlights

  • No Units Above
  • Primary Bedroom Suite
  • Deck
  • Guin Foss Elementary School Rated A-
  • Mountain View
  • Property is near park

About This Home

As of March 2019

PROSPECT VILLAGE: Here's an opportunity to live and enjoy historic Old Town Tustin. This is a newer condominium built in 2007. Guests enter through a private gated entrance. A fully finished 2 car garage is attached with direct access. Up a flight of stairs is the living area with a large window overlooking the city to the hills beyond, a gourmet kitchen, 2 bedrooms, a bath and laundry area. The Kitchen features granite counters, warm cabinetry and stainless appliances. A covered balcony with vistas to the mountains and city is a step from the dining area. The master suite with a spa-like bathroom, double sinks, tub and shower, and walk-in closet occupies the whole upstairs. Fun restaurants, interesting shops, parks, library and entertainment are within an easy walk. Stroll through Old Town Tustin's tree lined streets. Enjoy Concerts in the Park, and your favorite City events. Tustin Farmers' Market, across the street from the building, meets Wednesdays. This address is served by Tustin Unified School District. The street level office space, attached but with a separate entry, IS NOT INCLUDED in the lease offering. The Walk Score is an 89. Experience a small town lifestyle in this well designed space. Washer and dryer are included.

Last Agent to Rent the Property

Pat Koval

North Hills Realty License #00477901 Listed on: 11/02/2018

Co-Listed By

Ann Quintiliani

North Hills Realty License #00809418

Last Renter's Agent

Pat Koval

North Hills Realty License #00477901 Listed on: 11/02/2018

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2007

Lot Details

  • No Units Above
  • 1 Common Wall
  • Wrought Iron Fence

Parking

  • 2 Car Attached Garage
  • Public Parking
  • Parking Available
  • Rear-Facing Garage

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,095 Sq Ft Home
  • Crown Molding
  • Recessed Lighting
  • Double Pane Windows
  • Entryway
  • L-Shaped Dining Room

Kitchen

  • Breakfast Bar
  • Six Burner Stove
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Living Room Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Property is near park

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Security Deposit $3,500
  • Rent includes trash collection
  • 12-Month Minimum Lease Term
  • Available 11/15/18
  • Tax Lot 1304
  • Tax Tract Number 16481
  • Assessor Parcel Number 40158510

Community Details

Overview

  • Property has a Home Owners Association
  • $150 HOA Transfer Fee
  • 12 Units
  • Prospect Village Association

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $500

Condo Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2018-11-15
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Pets: 500
  • Deposit Security: 3500
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fees: 150.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Old Town Tustin
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 40158510
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2095.00 Square Feet
  • Interior Amenities: Balcony, Crown Molding, Living Room Balcony, Recessed Lighting, Unfurnished
  • Common Walls: 1 Common Wall, No One Above
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Ell
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1.55
  • Room Type: Entry, Master Suite
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Closet In Bathroom, Double Sinks In Master Bath
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • View: Mountain(s), Neighborhood
  • Fence: Yes
  • Fencing: Wrought Iron
  • Patio And Porch Features: Covered, Deck
  • Pool Private: No
  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear, Public
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Disposal, Microwave
  • Heating Type: Central
  • Laundry Features: Common Area, Dryer Included, Inside, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Name: Prospect Village
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 1677.00
  • Lot Size Acres: 0.0385

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 1677.0000 Square Feet
  • Number Of Units In Community: 12
  • Number Of Units Total: 1
  • Rent Includes: Trash Collection

Tax Info

  • Tax Census Tract: 755.05
  • Tax Lot: 1304
  • Tax Tract Number: 16481

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2019
Sold by
Lee Brian Chihun and Lee Hyun Mi
Bought by
Lee Brian Chihun and Lee Hyun Mi
Current Estimated Value
$1,402,484

Purchase Details

Closed on
Mar 3, 2014
Sold by
Lee Tae Sung and Lee Myong Ok
Bought by
Lee Brian Chihun and Lee Hyun Mi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$113,478
Interest Rate
4.29%
Mortgage Type
Seller Take Back
Estimated Equity
$1,303,635

Purchase Details

Closed on
Sep 22, 2009
Sold by
Prospect Village Lp
Bought by
Lee Tae Sung and Lee Myong Ok
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lee Brian Chihun -- None Available
Lee Brian Chihun -- None Available
Lee Brian Chihun $800,000 Wfg Title Company Of Ca
Lee Tae Sung $725,000 Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Brian Chihun $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2019 03/11/19 Rented $3,250 -1.5% --
01/31/2019 01/31/19 Price Changed $3,300 -8.3% $2 / Sq Ft
11/02/2018 11/02/18 For Rent $3,600 -28.0% --
03/20/2018 03/20/18 Rented $5,000 +47.1% --
03/11/2018 03/11/18 Under Contract -- -- --
02/19/2018 02/19/18 For Rent $3,400 -- --
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 $11,915 $1,091,013 $623,090 $467,923
2024 $11,915 $1,069,621 $610,872 $458,749
2023 $11,637 $1,048,649 $598,895 $449,754
2022 $11,476 $1,028,088 $587,152 $440,936
2021 $11,243 $1,007,930 $575,639 $432,291
2020 $11,186 $997,595 $569,736 $427,859
2019 $10,905 $978,035 $558,565 $419,470
2018 $10,726 $958,858 $547,612 $411,246
2017 $10,537 $940,057 $536,874 $403,183
2016 $10,347 $921,625 $526,347 $395,278
2015 $10,369 $907,782 $518,441 $389,341
2014 $8,741 $763,419 $364,516 $398,903
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18264316

California Regional Multiple Listing Service (CRMLS)

APN: 401-585-10