Seller's Agent in 2013
Bob Walz
New Dimension Investment Prop
(714) 393-8060
4 in this area
9 Total Sales
3117 Cinnamon Ave Costa Mesa, CA 92626
Mesa Verde Neighborhood
9
Beds
8
Baths
4,613
Sq Ft
8,080
Sq Ft Lot
Highlights
- Contemporary Architecture
- Wood Siding
- 5-minute walk to Smallwood Park
- California Elementary School Rated A
- No Heating
About This Home
As of February 2013Excellent, hard to find and very desirable 'Spice Street 4-Plex' located near Mesa Verde area of Costa Mesa. This one is in very good condition with the 'C' unit completely rehabed with new bathrooms including new full tub and enclosures...entire unit is in beautiful condition. 3 bedroom unit rented out 1 year ago and at that time was put in excellent condition. Unit 'C' is currently for rent for $1,500 per mo. Roll up garage doors will be repainted in the next few weeks. Priced below recent sales 3 comps that all sold within approx 1 week. So, hurry on this one as it won't last long. Priced below comps to sell: 3107 Mace just closed on 12/19/12 at $1,140,000 with less than 70,000 income. Also, one on Coriander, list price of $1150,000 is in back up offers and sold in about 7 days. Another on Mace, asking price of $1,150,000 is also pending and due to close escrow shortly.
Last Agent to Sell the Property
New Dimension Investment Prop License #00640512 Listed on: 12/19/2012
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1966
Lot Details
- 8,080 Sq Ft Lot
- Lot Dimensions are 80x101
Parking
- 6 Parking Spaces
Home Design
- Contemporary Architecture
- Block Foundation
- Slab Foundation
- Composition Roof
- Wood Siding
- Stucco
Interior Spaces
- 4,613 Sq Ft Home
- Fireplace Features Masonry
Bedrooms and Bathrooms
- 9 Bedrooms
- 8 Bathrooms
Utilities
- No Heating
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 2
- Tax Tract Number 6259
- Assessor Parcel Number 13950303
Community Details
Overview
- 4 Units
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $600
- Gardener Expense $1,020
- Insurance Expense $1,800
- Pest Control $100
- Trash Expense $1,800
- Water Sewer Expense $1,662
- New Taxes Expense $12,841
- Gross Income $6,395
- Net Operating Income $51,953
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/11/2013 02/11/13 | Sold | $1,119,000 | 0.0% | $243 / Sq Ft |
| 01/05/2013 01/05/13 | Pending | -- | -- | -- |
| 12/19/2012 12/19/12 | For Sale | $1,119,000 | -- | $243 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $15,906 | $1,377,963 | $1,212,560 | $165,403 |
| 2024 | $15,906 | $1,350,945 | $1,188,785 | $162,160 |
| 2023 | $15,478 | $1,324,456 | $1,165,475 | $158,981 |
| 2022 | $15,045 | $1,298,487 | $1,142,623 | $155,864 |
| 2021 | $14,604 | $1,273,027 | $1,120,219 | $152,808 |
| 2020 | $14,464 | $1,259,974 | $1,108,732 | $151,242 |
| 2019 | $14,185 | $1,235,269 | $1,086,992 | $148,277 |
| 2018 | $13,913 | $1,211,049 | $1,065,679 | $145,370 |
| 2017 | $13,675 | $1,187,303 | $1,044,783 | $142,520 |
| 2016 | $13,376 | $1,164,023 | $1,024,297 | $139,726 |
| 2015 | $13,243 | $1,146,539 | $1,008,911 | $137,628 |
| 2014 | $12,881 | $1,119,000 | $984,676 | $134,324 |
Source: Public Records
Agents Affiliated with this Home
-
Bob Walz
-
Eric Reichert
E
Buyer's Agent in 2013
Eric Reichert
OCProperties
(714) 840-1700
28 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: S720941
APN: 139-503-03
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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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