NOT LISTED FOR SALE

Estimated Value: $2,142,000 - $2,793,000

5 Beds
2.5 Baths
2,134 Sq Ft
$1,134/Sq Ft Est. Value

Last Sold May 24, 2018

Last sale price $1,307,500 $613 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $13,874/month

7 Days on Market

Highlights

  • Attached Guest House
  • Wood Flooring
  • Private Yard
  • Woodland Elementary School Rated A
  • Corner Lot
  • No HOA

About This Home

As of May 2018

What if ….. You could go back in time to a simpler time. Pick the best LOCATION on a huge lot with only 1 neighbor and create your dream home. Or maybe add a second home on that lot for family or income POTENTIAL. The city of Costa Mesa calls that “Legal non-conforming” and we call that 345 Costa Mesa Street (2nd electric meter is referred to as 1915 Raymond Avenue). Many, many years ago the original owners did just that and now you may be the recipient of their forethought. This large approx. 2134 sf single level, single family "multiple" building has been utilized as 1, 2 and 3 separate units through the years. Use your imagination to make it your perfect vision. Front home has 3 bedrooms and 1 full bath and back home has 2 bedrooms, one full and one 1/2 bath. 3 separate entrances, a two car garage plus a parking pad for 4 additional cars. Alley access and 2 permitted individual meters and “What If” becomes “Wow”. See for yourself the endless POSSIBILITIES.

Last Agent to Sell the Property

Pamela Etem

The OC Real Estate License #01383837 Listed on: 04/03/2018

Co-Listed By

Darren Etem

The OC Real Estate License #01922078

Last Buyer's Agent

Elizabeth Thamer

Pacific Sotheby's Int'l Realty License #01169245

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 7,841 Sq Ft Lot
  • Property fronts an alley
  • Corner Lot
  • Rectangular Lot
  • Private Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Side by Side Parking
  • Driveway Level

Home Design

  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Slab Foundation
  • Wood Product Walls
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,134 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Window Screens
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Ceramic Countertops
  • Laminate Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Tile Bathroom Countertop
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • No Interior Steps
  • More Than Two Accessible Exits
  • Low Pile Carpeting

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Brick Porch or Patio
  • Exterior Lighting

Additional Homes

  • Two Homes on a Lot
  • Attached Guest House

Schools

  • Kaiser Elementary School
  • Costa Mesa High School

Utilities

  • Wall Furnace
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 453
  • Assessor Parcel Number 42629109

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

7,841 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Eastside South (ESCM)
  • View: No
  • Architectural Style: Ranch
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42629109
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2134.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Ceramic Counters, Tile Counters, Wood Product Walls
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: 2+ Access Exits, Low Pile Carpeting, No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: In Kitchen, In Living Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 612.70
  • Room Type: Kitchen, Living Room
  • Window Features: Blinds, Double Pane Windows, Screens
  • Bathroom Features: Shower In Tub, Tile Counters
  • Room Kitchen Features: Laminate Counters, Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised, Slab
  • Other Structures: Guest House Attached, Two On A Lot
  • Patio And Porch Features: Brick, Patio, Slab
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway Level, Garage Faces Front, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Water Heater
  • Heating Type: Wall Furnace, Fireplace(s)
  • Laundry Features: Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Schools

  • Elementary School: Kaiser
  • High School: Costa Mesa
  • Elementary School #2: KAISER
  • High School2: COSMES

Green Features

  • Efficiency: Windows

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lot 6500-9999, Rectangular Lot, Yard
  • Lot Size Sq Ft: 7841.00

Multi Family

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

Tax Info

  • Tax Census Tract: 632.02
  • Tax Lot: 10
  • Tax Tract Number: 453

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2018
Closed on
Apr 18, 2018
Sold by
Magnusson Roberta
Bought by
Law Brandon C and Law Kelly M
Seller's Agent
Pamela Etem
The OC Real Estate
Buyer's Agent
Elizabeth Thamer
Pacific Sotheby's Int'l Realty
List Price
$1,250,000
Sold Price
$1,307,500
Premium/Discount to List
$57,500
4.6%
Current Estimated Value
$2,419,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,112,390
Avg. Annual Appreciation
8.29%
Original Mortgage
$1,046,000
Outstanding Balance
$898,705
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$1,521,185
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Law Brandon C $1,307,500 First American Titel
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Law Brandon C $1,046,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2018 05/24/18 Sold $1,307,500 +4.6% $613 / Sq Ft
04/10/2018 04/10/18 Pending -- -- --
04/05/2018 04/05/18 For Sale $1,250,000 -4.4% $586 / Sq Ft
04/04/2018 04/04/18 Off Market $1,307,500 -- --
04/03/2018 04/03/18 For Sale $1,250,000 -- $586 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $16,898 $1,487,709 $1,408,430 $79,279
2024 $16,898 $1,458,539 $1,380,814 $77,725
2023 $16,403 $1,429,941 $1,353,740 $76,201
2022 $16,002 $1,401,903 $1,327,196 $74,707
2021 $15,585 $1,374,415 $1,301,172 $73,243
2020 $15,408 $1,360,323 $1,287,831 $72,492
2019 $15,075 $1,333,650 $1,262,579 $71,071
2018 $1,737 $67,256 $23,880 $43,376
2017 $1,718 $65,938 $23,412 $42,526
2016 $1,695 $64,646 $22,953 $41,693
2015 $1,679 $63,675 $22,608 $41,067
2014 $1,651 $62,428 $22,165 $40,263
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18075231

California Regional Multiple Listing Service (CRMLS)

APN: 426-291-09

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