R
Seller's Agent in 2018
Rich Rich
Coldwell Banker Realty
355 E 16th St Costa Mesa, CA 92627
Downtown Costa Mesa Neighborhood
11
Beds
9
Baths
6,000
Sq Ft
7,736
Sq Ft Lot
Highlights
- Corner Lot
- Newport Heights Elementary Rated A
- 5-minute walk to Pinkley Park
About This Home
As of October 2018Pride of ownership triplex in excellent location. Corner lot. Beautiful building! Three HUGE units, townhouse style, each with 3 or 4 bedrooms, 3 full baths, 2 car garages, additional 2nd level kitchenettes, 2nd level spacious balconies & landscaped patio areas. There are three 2-car garages plus 3 driveways for additional parking. Perfect for owner occupant or investor! Live in one & rent out the other 2! Built in 1981, 2 units updated within the last year. Interior pictures are of unit A, three new bathrooms, stairs & upstairs new bamboo flooring, new stainless steel kitchen appliances, new 6 panel doors, new vertical blinds. All separate meters (4 water, 4 power, 3 gas), well maintained, terrific location South of 17th Street, blocks to Newport Beach, close to Newport Harbor High School. Upside potential in rental income, highly desirable area, easy to rent. Close to all the shops & restaurants on 17th Street, freeway access & the beach! Must see!!
Last Agent to Sell the Property
Rich Rich
Coldwell Banker Realty License #01082344 Listed on: 06/16/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1981
Lot Details
- 7,736 Sq Ft Lot
- Two or More Common Walls
- Corner Lot
Parking
- 6 Car Garage
Home Design
- 6,000 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 11 Bedrooms
- 9 Bathrooms
Laundry
- Laundry in Garage
- Laundry in Kitchen
Listing and Financial Details
- Assessor Parcel Number 42531169
Community Details
Overview
- 3 Units
Building Details
- 4 Separate Electric Meters
- 3 Separate Gas Meters
- 4 Separate Water Meters
- Gardener Expense $3,000
- Insurance Expense $3,500
- New Taxes Expense $30,000
- Operating Expense $7,000
- Gross Income $134,400
- Net Operating Income $127,400
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 12, 2020
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$895,300
Interest Rate
0.0372%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 16, 2018
Closed on
Oct 2, 2018
Sold by
Bought by
Seller's Agent
Rich Rich
Coldwell Banker Realty
Buyer's Agent
Kevin Hoban
Kevin C. Hoban, Broker
List Price
$2,599,000
Sold Price
$2,300,000
Premium/Discount to List
-$299,000
-11.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$902,000
Interest Rate
0.046%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 2, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
0.062%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
May 18, 2000
Sold by
Bought by
Purchase Details
Closed on
Nov 8, 1999
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Chicago Title Company | ||
| -- | Chicago Title | ||
| $2,300,000 | Equity Title | ||
| $1,650,000 | First American Title Ins Co | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $895,300 | ||
| Previous Owner | $902,000 | ||
| Previous Owner | $160,000 | ||
| Previous Owner | $155,000 | ||
| Previous Owner | $1,000,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/25/2018 10/25/18 | Sold | $2,300,000 | -4.1% | $383 / Sq Ft |
| 09/13/2018 09/13/18 | Pending | -- | -- | -- |
| 09/08/2018 09/08/18 | Price Changed | $2,399,000 | -4.0% | $400 / Sq Ft |
| 08/20/2018 08/20/18 | Price Changed | $2,499,000 | -3.8% | $417 / Sq Ft |
| 06/16/2018 06/16/18 | For Sale | $2,599,000 | -- | $433 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $29,245 | $2,565,692 | $2,238,625 | $327,067 |
| 2024 | $29,245 | $2,515,385 | $2,194,731 | $320,654 |
| 2023 | $28,321 | $2,466,064 | $2,151,697 | $314,367 |
| 2022 | $27,459 | $2,417,710 | $2,109,507 | $308,203 |
| 2021 | $26,644 | $2,370,304 | $2,068,144 | $302,160 |
| 2020 | $26,347 | $2,346,000 | $2,046,938 | $299,062 |
| 2019 | $25,780 | $2,300,000 | $2,006,801 | $293,199 |
| 2018 | $22,388 | $1,981,724 | $1,570,781 | $410,943 |
| 2017 | $22,007 | $1,942,867 | $1,539,981 | $402,886 |
| 2016 | $21,532 | $1,904,772 | $1,509,785 | $394,987 |
| 2015 | $21,330 | $1,876,161 | $1,487,107 | $389,054 |
| 2014 | $20,842 | $1,839,410 | $1,457,977 | $381,433 |
Source: Public Records
Agents Affiliated with this Home
-
-
Kevin Hoban
Buyer's Agent in 2018
Kevin Hoban
Kevin C. Hoban, Broker
(562) 708-0393
9 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP18144084
APN: 425-311-69
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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