NOT LISTED FOR SALE

345 Avocado St Unit C2 Costa Mesa, CA 92627

Estimated Value: $622,000 - $678,000

2 Beds
1 Bath
1,022 Sq Ft
$450/mo HOA Fee

Last Sold September 13, 2024

Last sale price $650,000 $636 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,228/month

64 Days on Market

Highlights

  • Gated Parking
  • Updated Kitchen
  • Main Floor Primary Bedroom
  • Costa Mesa High School Rated A-
  • Two Story Ceilings
  • Loft

About This Home

As of September 2024

Welcome to this charming two-story, two-bedroom condo in the desirable Coral Pointe community. This versatile enclosed loft with a door was used as a second bedroom but is also perfect for a home office to suit your needs. The primary bedroom features an ensuite bathroom.

You'll be greeted by a spacious and open living area, accentuated by a cozy fireplace. The room features vaulted ceilings and an open-concept design that allows natural light to flood the space, creating a bright and inviting atmosphere. A sliding glass door provides access to a spacious front patio, perfect for entertaining and dining.

The kitchen is a delight, featuring bright white cabinetry, stainless steel appliances, and an eat-in counter that opens up to the living area.

Additional amenities include a two-car gated parking garage located within the complex, an interior laundry closet for your comfort. This end unit enjoys a prime location at the rear of the community, ensuring privacy and tranquility.

Situated near the vibrant Newport Beach, this condo offers easy access to major freeways, Triangle Square outdoor mall, and the bustling beaches and shops of Newport. Experience the best of coastal living in this delightful Coral Pointe condo!

Last Agent to Sell the Property

Michelle Fullbright

Redfin Brokerage Phone: 7143178866 License #01436467 Listed on: 06/20/2024

Redfin

Last Buyer's Agent

Chris Sidlow

Arbor Real Estate License #02016020

Arbor Real Estate

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1983 | Remodeled

Lot Details

  • Two or More Common Walls

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Garage Door Opener
  • Driveway Down Slope From Street
  • Gated Parking
  • Guest Parking
  • Parking Lot
  • Off-Street Parking
  • Parking Permit Required
  • Assigned Parking

Home Design

  • Entry on the 2nd floor
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,022 Sq Ft Home
  • 2-Story Property
  • Two Story Ceilings
  • Recessed Lighting
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Home Office
  • Loft
  • Bonus Room
  • Storage
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Gas Range
  • Water Line To Refrigerator
  • Dishwasher
  • Laminate Countertops

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Outdoor Features

  • Living Room Balcony
  • Patio
  • Porch

Location

  • Urban Location
  • Suburban Location

Utilities

  • Central Heating
  • Natural Gas Connected
  • Water Heater
  • Sewer Connected

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 11435
  • Assessor Parcel Number 93865037
  • $565 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • Master Insurance
  • 24 Units
  • Coral Pointe HOA, Phone Number (619) 359-3457
  • HOA Nexus HOA
  • Coral Point Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1983 | Remodeled

Lot Details

0

HOA Fees

$450 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Coral Pointe (CORP)
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93865037
  • Year Built: 1983
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1022.00 Square Feet
  • Interior Amenities: Balcony, Laminate Counters, Living Room Balcony, Recessed Lighting, Storage, Two Story Ceilings
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Kitchen
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 636.01
  • Room Type: Bonus Room, Foyer, Kitchen, Loft, Main Floor Primary Bedroom, Office, Separate Family Room, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Shower In Tub
  • Room Kitchen Features: Kitchen Open To Family Room, Laminate Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Neighborhood
  • Fence: No
  • Patio And Porch Features: Patio, Porch
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Driveway Down Slope From Street, Garage Door Opener, Gated, Guest, Off Street, Parking Space, Permit Required
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Water Heater, Water Line to Refrigerator
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Gas Dryer Hookup, In Closet, Inside, Stackable
  • Sewer: None
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Maintenance Grounds, Trash, Utilities, Sewer, Water, Management
  • Association Fee: 450.00
  • Association Fee Frequency: Monthly
  • Association Name: Coral Pointe HOA
  • Phone: 6193593457
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Suburban, Urban
  • Association Management: HOA Nexus

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 Census Tract: 639.06
  • Tax Lot: 1
  • Tax Tract Number: 11435
  • TaxOtherAnnualAssessmentAmount: 565.00

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Aug 27, 2024
Sold by
Liu Lanfeng and Schweikert Peter
Bought by
Frazier Christian Michael and Velazquez Jason Hector
Seller's Agent
Michelle Fullbright
Redfin
Buyer's Agent
Chris Sidlow
Arbor Real Estate
List Price
$649,000
Sold Price
$650,000
Premium/Discount to List
$1,000
0.15%
Views
98
Current Estimated Value
$672,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,880
Avg. Annual Appreciation
0.62%
Original Mortgage
$585,000
Outstanding Balance
$576,560
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$78,769

Purchase Details

Closed on
May 6, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Schweikert Peter and Liu Lanfeng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2010
Sold by
Demeter Damion
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Apr 27, 2006
Sold by
Coral Point Investment Llc
Bought by
Demeter Damion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

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

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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Purchase History

Date Buyer Sale Price Title Company
Frazier Christian Michael $650,000 Title Forward Of California
Schweikert Peter $225,000 Lsi Title Agency
Deutsche Bank National Trust Company $209,103 Accommodation
Demeter Damion $415,000 Southland Title
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
Open Frazier Christian Michael $585,000
Previous Owner Schweikert Peter $180,000
Previous Owner Demeter Damion $332,000
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
09/13/2024 09/13/24 Sold $650,000 +2.4% $636 / Sq Ft
08/23/2024 08/23/24 Pending -- -- --
08/14/2024 08/14/24 Price Changed $635,000 -2.2% $621 / Sq Ft
06/20/2024 06/20/24 For Sale $649,000 -- $635 / 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 $3,522 $650,000 $547,103 $102,897
2024 $3,522 $284,733 $157,574 $127,159
2023 $3,418 $279,150 $154,484 $124,666
2022 $3,297 $273,677 $151,455 $122,222
2021 $3,202 $268,311 $148,485 $119,826
2020 $3,244 $265,560 $146,962 $118,598
2019 $3,185 $260,353 $144,080 $116,273
2018 $3,126 $255,249 $141,255 $113,994
2017 $3,074 $250,245 $138,486 $111,759
2016 $3,009 $245,339 $135,771 $109,568
2015 $2,978 $241,654 $133,731 $107,923
2014 $2,873 $236,921 $131,112 $105,809
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24113220

California Regional Multiple Listing Service (CRMLS)

APN: 938-650-37