NOT LISTED FOR SALE

345 Avocado St Unit 203-B Costa Mesa, CA 92627

Estimated Value: $586,000 - $762,000

1 Bed
1 Bath
1,008 Sq Ft
$297/mo HOA Fee

Last Sold March 10, 2017

Last sale price $345,000 $342 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $4,169/month

209 Days on Market

Highlights

  • Open Floorplan
  • Cathedral Ceiling
  • Loft
  • Costa Mesa High School Rated A-
  • Wood Flooring
  • Granite Countertops

About This Home

As of March 2017

Coral Point Luxury Condos in the heart of Costa Mesa. Modern 1 Bedroom & 1 bonus room/loft. Loft Style upper-unit condo with vaulted ceilings, recessed lighting and hardwood floors throughout the main living areas and master bedroom. Living room has a warm fireplace and large sliding glass doors allowing for lots of natural light. Kitchen has plenty of storage and newly added granite counter space and opens up to the dining and living areas. The property features a large sunny patio off living room. Underground gated parking. Large master bedroom with balcony. Large enclosed storage room off Master Deck. Indoor laundry with W/D hookups. Private Loft can be used as a home office or as a guest room. Complex has only 24 units and features a guest parking lot with plenty of parking spaces in the front. The complex also offers a large greenbelt area in the back very close to unit. Complex is minutes away from Newport Beach and South Coast Plaza. Not on leased land. Financing must be with minimum 20% down on this complex.

Last Agent to Sell the Property

Brian Gibney

Coldwell Banker Realty License #01383231 Listed on: 07/21/2016

Coldwell Banker Realty

Co-Listed By

Bill Lupis

Coldwell Banker Realty License #00590337

Last Buyer's Agent

Shahrokh Yeganeh

United Real Estate Los Angeles License #01946418

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1983 | Remodeled

HOA Fees

  • $297 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Entry on the 2nd floor
  • Turnkey

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Loft
  • Wood Flooring
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Additional Features

  • Two or More Common Walls
  • Suburban Location
  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 93865033

Property Details

Home Type

Condominium

Year Built

Built in 1983 | Remodeled

Lot Details

0

HOA Fees

$297 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Coral Point (CORP)
  • View: No
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93865033
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1008.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Granite Counters, High Ceilings, Open Floorplan
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 342.26
  • Room Type: Loft

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Kitchen, Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 297.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2021
Sold by
Hoshyarsar Maryam
Bought by
Cox John T
Current Estimated Value
$651,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,310
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 21, 2016
Closed on
Feb 24, 2017
Sold by
Wieners Bernard and Espada Wieners Silvia
Bought by
Hoshyarsar Maryam
Seller's Agent
Brian Gibney
Coldwell Banker Realty
Buyer's Agent
Shahrokh Yeganeh
United Real Estate Los Angeles
List Price
$369,900
Sold Price
$345,000
Premium/Discount to List
-$24,900
-6.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%
Original Mortgage
$106,000
Interest Rate
4.19%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 16, 2013
Closed on
Mar 22, 2013
Sold by
Granado Hilary L and Motsinger Hilary L
Bought by
Wieners Bernard and Espada Wieners Silvia
Seller's Agent
Kim Vu
Kim Vu Real Estate
Buyer's Agent
Kim Vu
Kim Vu Real Estate
List Price
$289,000
Sold Price
$289,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.62%

Purchase Details

Closed on
Jun 17, 2009
Sold by
Jacob Diana C
Bought by
Motsinger Hilary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2006
Sold by
Coral Point Investment Llc
Bought by
Jacob Diana C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,900
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 19, 2006
Sold by
Woodburn Investments Llc
Bought by
Coral Point Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,900
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 16, 2004
Sold by
Coral Point Investment Llc
Bought by
Woodburn Investments Llc

Purchase Details

Closed on
Apr 9, 2004
Sold by
Coral Point Investments Llc
Bought by
Coral Point Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
5.57%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 29, 2003
Sold by
Japanese Village Plaza Ltd
Bought by
Coral Point 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
$7,200,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cox John T $423,000 North American Title Co Inc
Hoshyarsar Maryam $345,000 Orange Coast Title
Wieners Bernard $289,000 Lawyers Title Company
Granado Hilary L -- Lawyers Title Company
Motsinger Hilary L $215,000 Security Union Pacific Coast
Jacob Diana C $390,000 Southland Title Corporation
Coral Point Investment Llc -- Accommodation
Woodburn Investments Llc -- --
Coral Point Investment Llc -- Commonwealth Land Title Co
Coral Point Investments Llc $8,750,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cox John T $410,310
Previous Owner Hoshyarsar Maryam $106,000
Previous Owner Motsinger Hilary L $172,000
Previous Owner Jacob Diana C $311,900
Previous Owner Coral Point Investment Llc $2,500,000
Previous Owner Coral Point Investments Llc $7,200,000
Closed Coral Point Investments Llc $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/10/2017 03/10/17 Sold $345,000 -1.4% $342 / Sq Ft
01/27/2017 01/27/17 Price Changed $349,900 -2.8% $347 / Sq Ft
01/08/2017 01/08/17 Price Changed $359,800 0.0% $357 / Sq Ft
10/11/2016 10/11/16 Price Changed $359,900 -2.7% $357 / Sq Ft
07/21/2016 07/21/16 For Sale $369,900 +28.0% $367 / Sq Ft
04/09/2013 04/09/13 Sold $289,000 0.0% $287 / Sq Ft View Prior Sale
03/19/2013 03/19/13 Pending -- -- --
03/16/2013 03/16/13 For Sale $289,000 -- $287 / 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 $5,323 $457,867 $367,543 $90,324
2024 $5,323 $448,890 $360,337 $88,553
2023 $5,179 $440,089 $353,272 $86,817
2022 $5,030 $431,460 $346,345 $85,115
2021 $4,344 $369,908 $290,194 $79,714
2020 $4,303 $366,116 $287,219 $78,897
2019 $4,222 $358,938 $281,588 $77,350
2018 $4,068 $351,900 $276,066 $75,834
2017 $3,668 $306,639 $228,209 $78,430
2016 $3,589 $300,627 $223,734 $76,893
2015 $3,553 $296,112 $220,374 $75,738
2014 $3,435 $290,312 $216,057 $74,255
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16159470

California Regional Multiple Listing Service (CRMLS)

APN: 938-650-33