T
Seller's Agent in 2023
Troy Seeber
Compass
(562) 513-7800
2 in this area
46 Total Sales
314 E 16th St Costa Mesa, CA 92627
Downtown Costa Mesa NeighborhoodEstimated Value: $2,015,000 - $2,323,783
2
Beds
1
Bath
1,067
Sq Ft
$2,010/Sq Ft
Est. Value
Highlights
- No HOA
- 1 Car Direct Access Garage
- No Heating
- Newport Heights Elementary Rated A
- Patio
- 4-minute walk to Heller Park
About This Home
As of February 2023First time on the market in over 50 years! Calling all visionary's that have been waiting to leave their mark in Eastside Costa Mesa! This original Eastside Costa Mesa home bordering the famed Newport Heights neighborhood invites any and all builders, investors, and buyers alike. This R2 zoned, nearly 10,000 Sqft lot provides an opportunity rarely available to start with a clean slate. Whether it's building two custom homes on the lot or building your dream home or anything in between there is no wrong decision. Don't miss on this opportunity it will be gone within a blink!
Home Details
Home Type
- Single Family
Year Built
- Built in 1936
Lot Details
- 9,867 Sq Ft Lot
- Lot Dimensions are 73 x 135
- Back Yard
- Density is up to 1 Unit/Acre
- Value in Land
- Tear Down
- Property is zoned R2
Parking
- 1 Car Direct Access Garage
- Parking Available
Home Design
- Fixer Upper
Interior Spaces
- 1,067 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Schools
- Newport Heights Elementary School
- Ensign Middle School
- Newport Harbor High School
Additional Features
- Patio
- No Heating
Community Details
- No Home Owners Association
- Eastside Heights Subdivision
Listing and Financial Details
- Tax Lot 15
- Tax Tract Number 402
- Assessor Parcel Number 42521120
- $714 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 30, 2025
Sold by
Mesa Heights Properties Llc
Bought by
314 E 16Th Street
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,780,550
Outstanding Balance
$1,732,942
Interest Rate
6.85%
Mortgage Type
Construction
Estimated Equity
$412,004
Purchase Details
Listed on
Nov 3, 2022
Closed on
Feb 27, 2023
Sold by
June G Lauterbach Trust
Bought by
Mesa Heights Properties Llc
Seller's Agent
Troy Seeber
Compass
Buyer's Agent
Joan Trout
Compass
List Price
$2,000,000
Sold Price
$1,750,000
Premium/Discount to List
-$250,000
-12.5%
Views
30
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.51%
Original Mortgage
$1,387,500
Interest Rate
6.33%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 9, 2014
Sold by
Lauterbach June G
Bought by
Lauterbach June G and June G Lauterbach Trust
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 314 E 16Th Street | -- | Chicago Title Company | |
| Mesa Heights Properties Llc | $1,738,000 | Chicago Title | |
| Lauterbach June G | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 314 E 16Th Street | $2,780,550 | |
| Previous Owner | Mesa Heights Properties Llc | $1,387,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/28/2023 02/28/23 | Sold | $1,750,000 | -5.4% | $1,640 / Sq Ft |
| 11/29/2022 11/29/22 | Price Changed | $1,850,000 | -7.5% | $1,734 / Sq Ft |
| 11/15/2022 11/15/22 | For Sale | $2,000,000 | +14.3% | $1,874 / Sq Ft |
| 11/13/2022 11/13/22 | Off Market | $1,750,000 | -- | -- |
| 11/12/2022 11/12/22 | For Sale | $2,000,000 | +14.3% | $1,874 / Sq Ft |
| 11/08/2022 11/08/22 | Off Market | $1,750,000 | -- | -- |
| 11/03/2022 11/03/22 | For Sale | $2,000,000 | -- | $1,874 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $19,662 | $1,807,903 | $1,768,066 | $39,837 |
| 2024 | $19,662 | $1,772,454 | $1,733,398 | $39,056 |
| 2023 | $1,451 | $50,724 | $34,207 | $16,517 |
| 2022 | $1,242 | $49,730 | $33,536 | $16,194 |
| 2021 | $1,153 | $48,755 | $32,878 | $15,877 |
| 2020 | $1,128 | $48,256 | $32,541 | $15,715 |
| 2019 | $1,101 | $47,310 | $31,903 | $15,407 |
| 2018 | $1,078 | $46,383 | $31,278 | $15,105 |
| 2017 | $1,065 | $45,474 | $30,665 | $14,809 |
| 2016 | $1,122 | $44,583 | $30,064 | $14,519 |
| 2015 | $1,110 | $43,914 | $29,613 | $14,301 |
| 2014 | $1,017 | $43,054 | $29,033 | $14,021 |
Source: Public Records
Agents Affiliated with this Home
-
Troy Seeber
-
Joan Trout
J
Buyer's Agent in 2023
Joan Trout
Compass
(949) 293-4631
2 in this area
12 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC22216398
APN: 425-211-20
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.
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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