Seller's Agent in 2022
Jeffrey Butcher
Pacific Coast Realty Group
(949) 422-1108
18 in this area
53 Total Sales
378 E 18th St Costa Mesa, CA 92627
Downtown Costa Mesa NeighborhoodEstimated Value: $2,290,000 - $2,877,000
6
Beds
3
Baths
2,129
Sq Ft
$1,158/Sq Ft
Est. Value
Highlights
- Primary Bedroom Suite
- No HOA
- No Interior Steps
- Mariners Elementary School Rated A
- Laundry Room
- Tile Flooring
About This Home
As of November 2022378 & 380 East 18th Street consists of Two Homes on One Lot. Property is located Mid block and set back from the street. The Front Home consists of 4 Bedrooms, 2 Bathrooms, Kitchen, Living Room, Dining Room, Patio, and Single Car Garage with Laundry. It includes a large front yard area that could be enclosed and captured for privacy. The primary Bedroom has an en-suite Bathroom and separate door to the rear patio, and has strong potential for conversion to an Accessory Dwelling Unit (Buyer to verify process required with City of CM). The Detached Rear Home consists of 2 Bedrooms, 1 Bathroom. Kitchen, Dining Room, Living Room and Single Car Garage with Laundry. The Rear Home also has a large, private, and fully fenced rear yard. Lots of potential here. Property is within the boundaries of Mariners Elementary School. This property represents a tremendous opportunity for a well located Owner plus Income property, or as a pure income property with potential for an ADU addition.
Last Agent to Sell the Property
Pacific Coast Realty Group License #01104911 Listed on: 09/26/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1958
Lot Details
- 8,276 Sq Ft Lot
- No Common Walls
- Wood Fence
- Rectangular Lot
Parking
- 2 Car Garage
- 2 Open Parking Spaces
- Parking Available
- Front Facing Garage
- Single Garage Door
- Driveway Level
Home Design
- Duplex
- Cosmetic Repairs Needed
- Shingle Roof
- Stucco
Interior Spaces
- 2,129 Sq Ft Home
- 1-Story Property
Kitchen
- Gas Oven
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom Suite
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Dryer
- Washer
Utilities
- Central Heating
- Wall Furnace
- Natural Gas Connected
- Water Heater
Additional Features
- No Interior Steps
- Suburban Location
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 136
- Tax Tract Number 516
- Assessor Parcel Number 11729128
- $1,125 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
- Eastside South Subdivision
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,800
- Water Sewer Expense $2,000
- Operating Expense $3,800
- Gross Income $84,000
- Net Operating Income $80,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 26, 2022
Closed on
Nov 2, 2022
Sold by
Romero Living Trust
Bought by
Khosravi Farhad Edward and Yazdi Fariba Partovi
Seller's Agent
Jeffrey Butcher
Pacific Coast Realty Group
Buyer's Agent
Farhad Khosravi
Farhard E. Khosravi, Broker
List Price
$1,950,000
Sold Price
$1,900,000
Premium/Discount to List
-$50,000
-2.56%
Views
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$565,796
Avg. Annual Appreciation
8.86%
Purchase Details
Closed on
Mar 21, 2003
Sold by
Romero Ruben H and Romero Sarah H
Bought by
Romero Ruben H and Romero Sarah H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 12, 2000
Sold by
Romero Ruben H and Romero Sarah H
Bought by
Romero Ruben H and Romero Sarah H
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Khosravi Farhad Edward | $1,900,000 | Chicago Title | |
| Romero Ruben H | -- | Equity Title | |
| Romero Ruben H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Romero Ruben H | $54,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/29/2022 11/29/22 | Sold | $1,900,000 | -2.6% | $892 / Sq Ft |
| 10/05/2022 10/05/22 | Pending | -- | -- | -- |
| 09/26/2022 09/26/22 | For Sale | $1,950,000 | -- | $916 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $21,943 | $1,976,760 | $1,886,303 | $90,457 |
| 2024 | $21,943 | $1,938,000 | $1,849,316 | $88,684 |
| 2023 | $21,331 | $1,900,000 | $1,813,054 | $86,946 |
| 2022 | $16,718 | $1,470,000 | $1,386,796 | $83,204 |
| 2021 | $2,018 | $91,883 | $27,621 | $64,262 |
| 2020 | $1,969 | $90,941 | $27,337 | $63,604 |
| 2019 | $1,918 | $89,158 | $26,801 | $62,357 |
| 2018 | $1,875 | $87,410 | $26,275 | $61,135 |
| 2017 | $1,853 | $85,697 | $25,760 | $59,937 |
| 2016 | $1,825 | $84,017 | $25,255 | $58,762 |
| 2015 | $1,806 | $82,755 | $24,875 | $57,880 |
| 2014 | $1,775 | $81,134 | $24,387 | $56,747 |
Source: Public Records
Agents Affiliated with this Home
-
Jeffrey Butcher
-
Jeffrey McConville
Seller Co-Listing Agent in 2022
Jeffrey McConville
Pacific Coast Realty Group
(949) 631-6006
15 in this area
47 Total Sales
-
Farhad Khosravi
Buyer's Agent in 2022
Farhad Khosravi
Farhard E. Khosravi, Broker
(949) 632-9126
2 in this area
30 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP22208731
APN: 117-291-28
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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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