NOT LISTED FOR SALE

345 Avocado St Unit 203b Costa Mesa, CA 92627

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

1 Bed
1 Bath
1,008 Sq Ft
$321/mo HOA Fee

Last Sold February 24, 2021

Last sale price $423,000 $420 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,193/month

190 Days on Market

Highlights

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

About This Home

As of February 2021

Luxury Coral point Condo. Open and airy one bedroom and a loft located in prime location. Two underground assigned parking under unit. And 2 permit parking spaces inside the complex. Wood flooring and granite kitchen counter. Plenty storage in kitchen. The property has a large sunny balcony off of living room. Large Master bedroom with balcony, enclosed storage room off of master deck. Private loft up stairs can be used as a guest room or office. This subdivision has about 24 units features guest parking lots in the front. The complex also offers a large greenbelt area in the back close to unit. Minutes away from Newport Beach and South Coast Plaza, Triangle Square andOrange Coast College. Not on leased land. easy access to 55/405/73 freeways.
buyers and buyer's agent verify all info.

Last Agent to Sell the Property

Fruzan Akhlaghnejat

HOMEBASED REALTY License #01902472 Listed on: 06/28/2020

Last Buyer's Agent

Kelly Haynes

Seven Gables Real Estate License #01962361

Seven Gables Real Estate

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1983

HOA Fees

  • $321 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Composition Roof

Interior Spaces

  • 1,008 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Loft
  • Wood Flooring
  • Property Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Built-In Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Heating Available
  • Natural Gas Connected
  • Sewer Paid
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Living Room Balcony
  • 1 Common Wall

Community Details

  • Master Insurance
  • 24 Units
  • Coral Pointe Association, Phone Number (714) 386-9054
  • Coral Point Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 6
  • Tax Tract Number 11435
  • Assessor Parcel Number 93865033

Property Details

Home Type

Condominium

Year Built

Built in 1983

Lot Details

0

HOA Fees

$321 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Coral Point (CORP)
  • View: Yes
  • 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: Balcony, Cathedral Ceiling(s), Granite Counters, High Ceilings, Living Room Balcony, Open Floorplan
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Accessibility Features: Parking, See Remarks
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Living Room, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 419.64
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Loft, Walk-In Closet
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas & Electric Range, Gas Oven, Gas Cooktop, Refrigerator
  • Heating Type: Fireplace(s)
  • Laundry Features: Dryer Included, Gas Dryer Hookup, In Closet, In Kitchen, Washer Hookup, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Trash, Sewer, Water
  • Association Fee: 321.00
  • Association Fee Frequency: Monthly
  • Association Name: Coral pointe
  • Phone: 714-386-9054
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Coral pointe

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 24
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 6
  • Tax Census Tract: 639.06
  • Tax Lot: 1
  • Tax Tract Number: 11435

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2020
Closed on
Jan 8, 2021
Sold by
Hoshyarsar Maryam
Bought by
Cox John T
Seller's Agent
Fruzan Akhlaghnejat
HOMEBASED REALTY
Buyer's Agent
Kelly Haynes
Seven Gables Real Estate
List Price
$419,999
Sold Price
$423,000
Premium/Discount to List
$3,001
0.71%
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.
Estimated Appreciation
$228,734
Avg. Annual Appreciation
9.46%
Original Mortgage
$410,310
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2017
Sold by
Wieners Bernard and Espada Wieners Silvia
Bought by
Hoshyarsar Maryam

Home Financials for this Owner

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

Purchase Details

Closed on
Mar 22, 2013
Sold by
Granado Hilary L and Motsinger Hilary L
Bought by
Wieners Bernard and Espada Wieners Silvia

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
02/24/2021 02/24/21 Sold $423,000 +0.7% $420 / Sq Ft
12/31/2020 12/31/20 For Sale $419,999 -0.7% $417 / Sq Ft
10/23/2020 10/23/20 Off Market $423,000 -- --
10/23/2020 10/23/20 For Sale $419,999 -0.7% $417 / Sq Ft
10/15/2020 10/15/20 Off Market $423,000 -- --
08/26/2020 08/26/20 Price Changed $419,999 -2.3% $417 / Sq Ft
06/28/2020 06/28/20 For Sale $429,999 -- $427 / 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: IV20115970

California Regional Multiple Listing Service (CRMLS)

APN: 938-650-33