NOT LISTED FOR SALE

Estimated Value: $1,206,000 - $1,727,175

3 Beds
2 Baths
2,037 Sq Ft
$732/Sq Ft Est. Value

Last Sold January 19, 2022

Last sale price $1,100,000 $540 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $9,342/month

65 Days on Market

Highlights

  • Ocean View
  • Ocean Side of Freeway
  • Traditional Architecture
  • Palisades Elementary School Rated A
  • Open Floorplan
  • Main Floor Primary Bedroom

About This Home

As of January 2022

An Investors dream! Great opportunity to customize this 3 bedroom, 2 bathroom House on an oversized lot. Excellent Investment opportunity in a highly sought after “Capistrano Beach-Palisades” neighborhood & well-established Beach community. Spacious Floorplan. Plank flooring. Kitchen features Granite Counters with loads of cabinetry & storage, large center island & high Ceilings. Light & bright with lots of windows. Long Driveway with ample Parking. Large backyard. Peek-a-boo Ocean views from Upstairs Bedroom and Patio. Ocean side of I-5 freeway. Short distance to beautiful Pines Park. No HOA fees/No Mello Roos! Close to area Beaches, Dana Point Harbor, Schools, Freeway access, Restaurants, Shopping, Outlet mall. This Property is ready for you to add your own style & landscape improvements to make it your own! Seller open to negotiating an allowance for front/back yard improvements! Visit our 3D virtual tour at https://bit.ly/3iMGfuU

Last Listed By

Cindy Eades

Seaside Property Management License #01009556 Listed on: 10/14/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,894

Year Built

  • Built in 1959

Lot Details

  • 5,200 Sq Ft Lot
  • East Facing Home
  • Wood Fence
  • Block Wall Fence
  • Fence is in average condition
  • Back Yard
  • Density is up to 1 Unit/Acre
  • Value in Land

Property Views

  • Ocean
  • Woods
  • Peek-A-Boo
  • Neighborhood

Home Design

  • Traditional Architecture
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 2,037 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Plantation Shutters
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room
  • Dining Room

Kitchen

  • Open to Family Room
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Parking Available
  • Up Slope from Street
  • Driveway Up Slope From Street
  • Paved Parking

Outdoor Features

  • Ocean Side of Freeway
  • Patio
  • Shed
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Sewer Paid
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 8 / 14
  • Tax Tract Number 735
  • Assessor Parcel Number 12315203
  • $1,427 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,894

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Palisades (PS)
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 12315203
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2037.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Unfurnished
  • Stories: 2
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Dining Room
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 540.01
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Walk-In Closet
  • Window Features: Plantation Shutters
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Slab
  • Other Structures: Shed(s)
  • View: Neighborhood, Ocean, Peek-A-Boo, Trees/Woods
  • Fence: Yes
  • Fencing: Average Condition, Block, Wood
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Concrete, Driveway Up Slope From Street

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Gutters, Park, Sidewalks, Suburban

Schools

  • School District: Capistrano Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Up Slope from Street, Value In Land
  • Lot Size Sq Ft: 5200.00
  • Lot Size Acres: 0.1194

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5200.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Block: 14
  • Tax Census Tract: 422.01
  • Tax Lot: 8
  • Tax Tract Number: 735
  • TaxOtherAnnualAssessmentAmount: 1427.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Dec 23, 2021
Sold by
Shirley Cullen D and The Cullen D Shirley Family Trust
Bought by
Desper Ellen and Mcfarlane Andrew
Seller's Agent
Cindy Eades
Seaside Property Management
Buyer's Agent
Carrie McFarlane
Coldwell Banker Realty
List Price
$1,249,000
Sold Price
$1,100,000
Premium/Discount to List
-$149,000
-11.93%
Total Days on Market
65
Current Estimated Value
$1,491,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,044
Avg. Annual Appreciation
8.08%
Original Mortgage
$864,000
Outstanding Balance
$807,046
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$613,349

Purchase Details

Listed on
Oct 14, 2021
Closed on
Dec 21, 2021
Sold by
Cullen D Shirley Family Trust
Bought by
Desper Ellen and Mcfarlane Andrew
Seller's Agent
Cindy Eades
Seaside Property Management
Buyer's Agent
Carrie McFarlane
Coldwell Banker Realty
List Price
$1,249,000
Sold Price
$1,100,000
Premium/Discount to List
-$149,000
-11.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$864,000
Outstanding Balance
$807,046
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$613,349

Purchase Details

Closed on
Oct 21, 2015
Sold by
Shirley Cullen D
Bought by
Shirley Cullen D and Cullen D Shirley Family Trust

Purchase Details

Closed on
Mar 1, 2013
Sold by
Shirley Cullen D
Bought by
Shirley Cullen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,500
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2008
Sold by
Shirley Natalie
Bought by
Shirley Cullen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.05%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 29, 1996
Sold by
First Alliance Mtg Company
Bought by
Shirley Cullen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,400
Interest Rate
4.95%

Purchase Details

Closed on
Dec 15, 1995
Sold by
Romano Robert Scheman
Bought by
First Alliance Mtg Company

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
Desper Ellen $1,080,000 Equity Title Orange County
Desper Ellen $1,080,000 Equity Title
Shirley Cullen D -- None Available
Shirley Cullen D -- Lawyers Title Company
Shirley Cullen D -- First American Title Company
Shirley Cullen D $195,000 American Title Insurance
First Alliance Mtg Company $193,208 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desper Ellen $864,000
Closed Desper Ellen $864,000
Previous Owner Shirley Cullen D $318,500
Previous Owner Shirley Cullen D $320,000
Previous Owner Shirley Cullen D $100,000
Previous Owner Shirley Cullen D $190,000
Previous Owner Shirley Cullen D $45,750
Previous Owner Shirley Cullen D $173,300
Previous Owner Shirley Cullen D $173,000
Previous Owner Shirley Cullen D $175,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2022 01/19/22 Sold $1,100,000 -4.3% $540 / Sq Ft
12/18/2021 12/18/21 Pending -- -- --
12/08/2021 12/08/21 Price Changed $1,150,000 -1.7% $565 / Sq Ft
11/17/2021 11/17/21 Price Changed $1,170,000 -2.4% $574 / Sq Ft
11/01/2021 11/01/21 Price Changed $1,199,000 -4.0% $589 / Sq Ft
10/14/2021 10/14/21 For Sale $1,249,000 0.0% $613 / Sq Ft
07/01/2015 07/01/15 Rented $1,050 0.0% --
07/01/2015 07/01/15 For Rent $1,050 -- --
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
2024 $12,894 $1,130,903 $1,034,468 $96,435
2023 $12,540 $1,108,729 $1,014,184 $94,545
2022 $4,387 $305,249 $213,863 $91,386
2021 $4,581 $299,264 $209,669 $89,595
2020 $4,421 $296,196 $207,519 $88,677
2019 $4,232 $290,389 $203,450 $86,939
2018 $4,068 $284,696 $199,461 $85,235
2017 $3,936 $279,114 $195,550 $83,564
2016 $3,834 $273,642 $191,716 $81,926
2015 $3,488 $269,532 $188,836 $80,696
2014 $3,435 $264,253 $185,137 $79,116
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21227608

California Regional Multiple Listing Service (CRMLS)

APN: 123-152-03