NOT LISTED FOR SALE

Estimated Value: $2,574,458 - $3,176,000

0.23 Acre
$12,388,543 Price per Acre
10,019 Sq Ft Lot

Last Sold August 19, 2021

Last sale price $1,980,000

Est. 44% increase in value since last sale

Current estimated payment $17,535/month

748 Days on Market

Highlights

  • Ocean View
  • Palisades Elementary School Rated A
  • No HOA

About This Lot

As of August 2021

THIS IS ABSOLUTE AMAZING FRONT ROW (OCEAN FRONT) LOT. STUNNING WHITE WATER, COASTLINE, HARBOR AND CATALINA VIEWS FROM THIS FLAT BLUFF FRONT LOT.

Last Listed By

Grace Zhang

RE/MAX Galaxy License #01946544 Listed on: 05/23/2019

RE/MAX Galaxy

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $20,858

Year Built

  • 1972

Lot Details

  • 10,019 Sq Ft Lot
  • Property is zoned R1

Property Views

  • Ocean
  • Coastline

Listing and Financial Details

  • Tax Tract Number 422
  • Assessor Parcel Number 12338109

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Est. Annual Taxes

$20,858

Year Built

1972

Lot Details

0

Listing Details

  • Subdivision Name Other: Capistrano Bluffs (CS)
  • View: Yes
  • Zoning: R1
  • Property Type: Land
  • Parcel Number: 12338109
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1972

Interior Features

  • Price Per Square Foot: 197.62

Exterior Features

  • View: Coastline, Ocean

Utilities

  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10019.00
  • Lot Size Acres: 0.2300

Multi Family

  • Lot Size Area: 10019.0000 Square Feet

Tax Info

  • Tax Tract Number: 422.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2019
Closed on
Aug 17, 2021
Sold by
Jia Changsong and Zhang Lijun
Bought by
Eta Stone Development Llc
Seller's Agent
Grace Zhang
RE/MAX Galaxy
Buyer's Agent
Ling Guo
RE/MAX Galaxy
List Price
$2,550,000
Sold Price
$1,980,000
Premium/Discount to List
-$570,000
-22.35%
Total Days on Market
748
Current Estimated Value
$2,849,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$869,365
Avg. Annual Appreciation
9.43%

Purchase Details

Listed on
Jan 30, 2016
Closed on
Jan 28, 2016
Sold by
Yassai Ismail
Bought by
Jia Changsong and Zhang Lijun
Seller's Agent
Amir Vahdat
Berkshire Hathaway Home Services
Buyer's Agent
Grace Zhang
RE/MAX Galaxy
List Price
$1,550,000
Sold Price
$1,550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%

Purchase Details

Closed on
Aug 14, 2015
Sold by
Yassai Ismail
Bought by
Yassai Ismail

Purchase Details

Closed on
Jan 16, 2014
Sold by
Abdavi Azar Parviz
Bought by
Yassai Ismail

Purchase Details

Closed on
Oct 26, 2012
Sold by
Bank Of The West
Bought by
Abdavi Azar Parviz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 4, 2012
Sold by
Azar Ginger Abdavi
Bought by
Abdavi Azar Parviz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 3, 1994
Sold by
Walls Donald W
Bought by
Walls Donald W

Range of Values:

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Average Value
Not Available
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
Eta Stone Development Llc $1,980,000 Stewart Title
Jia Changsong $1,550,000 California Title Company
Yassai Ismail -- None Available
Yassai Ismail $787,000 California Title Company
Abdavi Azar Parviz $1,710,000 North American Title Co
Abdavi Azar Parviz -- North American Title Co
Walls Donald W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abdavi Azar Parviz $950,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2021 08/19/21 Sold $1,980,000 -13.9% --
06/09/2021 06/09/21 Pending -- -- --
04/04/2021 04/04/21 Price Changed $2,300,000 +7.0% --
06/22/2020 06/22/20 Price Changed $2,150,000 -2.3% --
09/03/2019 09/03/19 Price Changed $2,200,000 -13.7% --
05/23/2019 05/23/19 For Sale $2,550,000 +64.5% --
03/25/2016 03/25/16 Sold $1,550,000 0.0% --
01/31/2016 01/31/16 Pending -- -- --
01/30/2016 01/30/16 For Sale $1,550,000 -- --
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 $20,858 $2,059,992 $2,057,352 $2,640
2023 $20,417 $2,019,600 $2,017,011 $2,589
2022 $20,028 $1,980,000 $1,977,461 $2,539
2021 $17,155 $1,695,150 $1,692,559 $2,591
2020 $16,984 $1,677,769 $1,675,204 $2,565
2019 $16,650 $1,644,872 $1,642,357 $2,515
2018 $16,330 $1,612,620 $1,610,154 $2,466
2017 $16,012 $1,581,000 $1,578,582 $2,418
2016 $8,263 $814,551 $812,048 $2,503
2015 $8,139 $802,316 $799,850 $2,466
2014 $7,855 $774,005 $771,601 $2,404
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR19121414

California Regional Multiple Listing Service (CRMLS)

APN: 123-381-09