Seller's Agent in 2023
Christine Morgan
Marterra Real Estate
(949) 910-1042
7 in this area
161 Total Sales
327 Magnolia St Costa Mesa, CA 92627
Downtown Costa Mesa NeighborhoodEstimated Value: $2,294,000 - $2,852,000
5
Beds
3
Baths
2,500
Sq Ft
$1,018/Sq Ft
Est. Value
Highlights
- Detached Guest House
- Second Garage
- No HOA
- Mariners Elementary School Rated A
- Open Floorplan
- 3 Car Direct Access Garage
About This Home
As of October 2023PRIME EASTSIDE COSTA MESA LOCATION---LIVE IN ONE AND RENT THE OTHER! Two homes on one lot at 327 Magnolia. The rear home has an attached 2-car garage and enclosed yard space. Enter the front door to soaring ceilings with skylights and an open floor plan featuring a large kitchen island and spacious family room. A secondary living room has a focal fireplace. Three bedrooms and 2 bathrooms have been well maintained over the years. A home on the front includes 2 bedrooms, 1 bathroom and a side patio yard. This property has plenty of potential--use one as a guest house or as rental income! Under excellent NMUSD schools: Mariners Elementary, Ensign Middle School and Newport Harbor High! Enjoy walking down to 17th Street with endless dining and shopping or take a bike ride down to the beach.
Last Agent to Sell the Property
Marterra Real Estate License #01839037 Listed on: 08/21/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,736
Year Built
- Built in 1961
Lot Details
- 7,841 Sq Ft Lot
- Fenced
- Fence is in good condition
- Back Yard
Parking
- 3 Open Parking Spaces
- Second Garage
- 3 Car Direct Access Garage
- Parking Available
- Single Garage Door
Home Design
- Entry on the 1st floor
- Additions or Alterations
- Slab Foundation
- Shingle Roof
Interior Spaces
- 5 Bedrooms
- 2,500 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Double Pane Windows
- Family Room
- Living Room with Fireplace
- Gas Range
Laundry
- Laundry Room
- Laundry in Garage
Additional Homes
- Two Homes on a Lot
- Detached Guest House
Additional Features
- Exterior Lighting
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 6
- Tax Tract Number 505
- Assessor Parcel Number 11725126
- $1,282 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 21, 2023
Closed on
Oct 3, 2023
Sold by
Lowrey Miltenberger Trust
Bought by
Sherburne Wesley and Schelin Allison
Seller's Agent
Christine Morgan
Marterra Real Estate
Buyer's Agent
Allison Schelin
Coldwell Banker Realty
List Price
$2,250,000
Sold Price
$1,910,144
Premium/Discount to List
-$339,856
-15.1%
Views
69
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$634,356
Avg. Annual Appreciation
16.48%
Original Mortgage
$1,455,000
Outstanding Balance
$1,424,332
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$1,120,168
Purchase Details
Closed on
Nov 20, 1998
Sold by
Miltenberger Jerry L Family Trust and Lowrey Rebecca Lowrey
Bought by
Miltenberger Rebecca Lowrey
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sherburne Wesley | $1,910,500 | First American Title | |
| Miltenberger Rebecca Lowrey | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sherburne Wesley | $1,455,000 | |
| Previous Owner | Miltenberger Rebecca Lowrey | $110,000 | |
| Previous Owner | Miltenberger Jerry L | $40,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/24/2023 10/24/23 | Sold | $1,910,144 | -4.4% | $764 / Sq Ft |
| 09/19/2023 09/19/23 | Price Changed | $1,999,000 | -11.2% | $800 / Sq Ft |
| 09/14/2023 09/14/23 | For Sale | $2,250,000 | +17.8% | $900 / Sq Ft |
| 09/06/2023 09/06/23 | Off Market | $1,910,144 | -- | -- |
| 08/21/2023 08/21/23 | For Sale | $2,250,000 | -- | $900 / 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 | $21,736 | $1,948,346 | $1,782,278 | $166,068 |
| 2024 | $21,736 | $1,910,144 | $1,747,332 | $162,812 |
| 2023 | $5,196 | $361,607 | $163,564 | $198,043 |
| 2022 | $4,937 | $354,517 | $160,357 | $194,160 |
| 2021 | $4,708 | $347,566 | $157,213 | $190,353 |
| 2020 | $4,634 | $344,003 | $155,601 | $188,402 |
| 2019 | $4,526 | $337,258 | $152,550 | $184,708 |
| 2018 | $4,431 | $330,646 | $149,559 | $181,087 |
| 2017 | $4,440 | $324,163 | $146,626 | $177,537 |
| 2016 | $4,353 | $317,807 | $143,751 | $174,056 |
| 2015 | $4,311 | $313,034 | $141,592 | $171,442 |
| 2014 | $4,220 | $306,903 | $138,819 | $168,084 |
Source: Public Records
Agents Affiliated with this Home
-
Christine Morgan
-
Michelle Wahler
Seller Co-Listing Agent in 2023
Michelle Wahler
Marterra Real Estate
(949) 270-0440
3 in this area
61 Total Sales
-
Allison Schelin
Buyer's Agent in 2023
Allison Schelin
Coldwell Banker Realty
(949) 355-3611
1 in this area
11 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC23156161
APN: 117-251-26
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
Nearby Homes
- 328 Magnolia St
- 268 E 18th St
- 1809 Tustin Ave
- 308 Flower St
- 1741 Tustin Ave Unit 2A
- 224 Flower St
- 212 E 19th St
- 171 E 18th St Unit C1
- 1951 Aliso Ave
- 140 Cabrillo St Unit 25
- 411 Lenwood Dr
- 1602 Sea Horse Cir
- 1947 Fullerton Ave
- 1594 Redlands Place
- 1592 Redlands Place
- 1915 Mariners Dr
- 1901 Mariners Dr
- 418 E Bay St
- 2057 Tustin Ave Unit D
- 1512 Sylvia Ln
- 333 Magnolia St
- 337 Magnolia St
- 326 E 18th St
- 330 E 18th St
- 320 E 18th St
- 336 E 18th St
- 324 Magnolia St
- 343 Magnolia St
- 320 Magnolia St
- 332 Magnolia St
- 318 E 18th St
- 310 E 18th St
- 316 Magnolia St
- 336 Magnolia St
- 342 E 18th St
- 312 Magnolia St
- 349 Magnolia St
- 340 Magnolia St
- 308 E 18th St
- 344 Magnolia St