NOT LISTED FOR SALE

Estimated Value: $2,652,159 - $2,933,000

5 Beds
3 Baths
2,800 Sq Ft
$1,003/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $2,385,000 $852 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $17,609/month

6 Days on Market

Highlights

  • Detached Guest House
  • Updated Kitchen
  • Private Yard
  • Heinz Kaiser Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of June 2022

321 Costa Mesa Street is a rare find indeed: 2 homes on 1 large lot that feel like their own, private, single family residences. In front is a newly rebuilt (2016) home with 3 beds and 2 baths with approximately 1,750 square feet of luxurious living space. Vaulted ceilings and well placed windows pull in ample natural light. The large kitchen opens to the family room and lush patio and backyard areas. The owner's bedroom has a walk-in closet and lovely en-suite bath. The back home is an adorable cottage with 2 beds and 1 bath and approximately 1,050 square feet of easy living. Each home has its own yard with separate entrances and privacy fencing. Garden areas with exquisite landscaping accent each home, perfect for entertaining and taking in Eastside Costa Mesa's phenomenal weather. From the alley, each home enjoys a garage and off street parking. This is an epic investment. Live in one home and have the other help pay your mortgage, or lease both for a great return. Either way, it's a win-win. Close to the convenient and upscale retail of 17th Street and Newport Boulevard, the Back Bay trails, Mariners Branch Library and Park. Easy freeway and PCH/beach access. Feeds to award-winning Newport Mesa schools and nearby the areas best private options. This property will always be in demand. Make it yours.

Last Agent to Sell the Property

Grant Bixby

Compass License #01364572 Listed on: 05/19/2022

Compass

Last Buyer's Agent

Grant Bixby

Compass License #01364572 Listed on: 05/19/2022

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,660

Year Built

  • Built in 1949 | Remodeled

Lot Details

  • 7,867 Sq Ft Lot
  • Vinyl Fence
  • Wood Fence
  • Drip System Landscaping
  • Sprinklers on Timer
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Cottage
  • Bungalow
  • Raised Foundation
  • Slab Foundation
  • Composition Roof
  • HardiePlank Type
  • Stucco

Interior Spaces

  • 2,800 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Sliding Doors
  • Family Room Off Kitchen
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Doors

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters
  • Front Porch

Additional Homes

  • Two Homes on a Lot
  • Detached Guest House

Location

  • Suburban Location

Schools

  • Woodland/Kaiser Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 453
  • Assessor Parcel Number 42629104
  • $1,125 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,660

Year Built

Built in 1949 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Architectural Style: Bungalow, Cottage
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42629104
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2800.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, In Kitchen
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 851.79
  • Room Type: All Bedrooms Down
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower, Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s)
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Raised, Slab
  • Other Structures: Guest House, Guest House Detached, Two On A Lot
  • Fence: Yes
  • Fencing: Vinyl, Wood
  • Patio And Porch Features: Patio, Front Porch
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Hardiplank Type, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Rear, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Gas Oven, Gas Range, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Water Line to Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Street Lights, Suburban

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Woodland/Kaiser
  • Middle School: Ensign
  • High School: Newport Harbor
  • Elementary School: Woodland/Kaiser
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: WOOKAI
  • High School2: NEWHAR

Green Features

  • Efficiency: Appliances, Doors, HVAC, Insulation, Water Heater, Windows

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Landscaped, Lawn, Sprinkler System, Sprinklers Drip System, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 7867.00
  • Lot Size Acres: 0.1806

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7867.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 632.02
  • Tax Lot: 8
  • Tax Tract Number: 453
  • TaxOtherAnnualAssessmentAmount: 1125.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2015
Sold by
Smith Justin Buck and Smith Cara Walker
Bought by
Jc Smith Living Trust
Current Estimated Value
$2,808,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
3.71%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
May 21, 2014
Closed on
Jul 7, 2014
Sold by
Pronger Sean J and Pronger Marnie L
Bought by
Smith Justin Buck and Smith Cara Walker
Seller's Agent
Elizabeth Thamer
Pacific Sotheby's Int'l Realty
Buyer's Agent
Grant Bixby
Compass
List Price
$1,195,000
Sold Price
$1,135,000
Premium/Discount to List
-$60,000
-5.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.21%
Original Mortgage
$791,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2010
Sold by
Pericles Investments Llc
Bought by
Pronger Sean J and Pronger Marnie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2003
Sold by
Mcbeth Mickey
Bought by
Pericles Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,000
Interest Rate
4.87%
Mortgage Type
Unknown
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
Jc Smith Living Trust -- Accommodation
Smith Justin Buck $1,135,000 Lawyers Title Company
Pronger Sean J $695,000 California Title Company
Pericles Investments Llc $700,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Michelle D $1,669,500
Closed Smith Justin Buck $702,000
Closed Smith Justin Buck $174,000
Closed Smith Justin Buck $789,500
Closed Smith Justin Buck $791,250
Previous Owner Pronger Sean J $543,000
Previous Owner Pronger Sean J $556,000
Previous Owner Earlabaugh Jade R $543,000
Previous Owner Pericles Investments Llc $308,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2022 06/27/22 Sold $2,385,000 +3.9% $852 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $2,295,000 +102.2% $820 / Sq Ft
07/18/2014 07/18/14 Sold $1,135,000 -5.0% $567 / Sq Ft
05/21/2014 05/21/14 For Sale $1,195,000 -- $597 / 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 $27,660 $2,530,981 $2,326,356 $204,625
2024 $27,660 $2,481,354 $2,280,741 $200,613
2023 $26,915 $2,432,700 $2,236,020 $196,680
2022 $15,419 $1,353,482 $1,205,122 $148,360
2021 $15,012 $1,326,944 $1,181,493 $145,451
2020 $14,839 $1,313,338 $1,169,378 $143,960
2019 $14,517 $1,287,587 $1,146,449 $141,138
2018 $14,222 $1,262,341 $1,123,970 $138,371
2017 $13,980 $1,237,590 $1,101,932 $135,658
2016 $13,515 $1,197,817 $1,080,325 $117,492
2015 $12,915 $1,135,000 $1,064,097 $70,903
2014 $8,689 $731,828 $659,325 $72,503
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22103824

California Regional Multiple Listing Service (CRMLS)

APN: 426-291-04