NOT LISTED FOR SALE

405 E 1st St Tustin, CA 92780

Estimated Value: $618,000 - $665,000

2 Beds
1.5 Baths
1,104 Sq Ft
1964 Built

Last Sold June 23, 2021

Last sale price $515,000 $466 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,922/month

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Quartz Countertops
  • Guin Foss Elementary School Rated A-
  • End Unit
  • Community Pool

About This Home

As of August 2023

Quiet, corner-unit condo in the beautiful, gated community of Palmwood Gardens! True to its name, this complex
features small groups of condominiums surrounded by lush landscaping, meandering paths, and beautiful swimming pools. This beautifully remodeled mid-century styled property is one of twelve that has a direct access garage and a private courtyard between the garage and home. Enter into a
spacious and bright living room with bar seating located by the open kitchen. The appliances are stainless steel. A beautiful farmhouse sink and custom cabinets create a spectacular atmosphere. The attached dining area has a sliding door that
leads to the tiled courtyard with outdoor seating and a covered patio. This property features a beautifully remodeled powder room and is one of the few units having its own washer and dryer, all of which are included! Upstairs you will find two generously sized large bedrooms with treetop views, one of which includes a walk-in closet, the other featuring an immensely sized closet space.
The upstairs remodeled bath is exquisite! Residents are attracted to Palmwood Gardens due to a combination of the fantastic amenities and the
quiet neighborhood, all within minutes of this property. Freeway is close and centrally located in Tustin, immediately adjacent to Old Town Tustin, enjoy a fantastic variety of restaurants, shopping, and other amenities second to none!

Last Agent to Rent the Property

Maryann Moore

Coldwell Banker Platinum Prop License #01159920 Listed on: 08/04/2023

Coldwell Banker Platinum Prop

Co-Listed By

Stephen Doughty

Coldwell Banker Platinum Prop License #01502374

Last Renter's Agent

Maryann Moore

Coldwell Banker Platinum Prop License #01159920 Listed on: 08/04/2023

Coldwell Banker Platinum Prop

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,341

Year Built

  • Built in 1964

Lot Details

  • End Unit
  • 1 Common Wall

Parking

  • 1 Car Direct Access Garage
  • 1 Open Parking Space
  • Parking Available
  • Assigned Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,104 Sq Ft Home
  • 2-Story Property
  • Family Room Off Kitchen
  • Dining Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Electric Cooktop
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Schools

  • Foothill High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $3,100
  • Rent includes association dues, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 8/15/23
  • Tax Lot 1
  • Tax Tract Number 8584
  • Assessor Parcel Number 93376033

Community Details

Overview

  • Property has a Home Owners Association
  • $100 HOA Transfer Fee
  • 98 Units
  • Palmwood Gardens Subdivision

Recreation

  • Community Pool
  • Park
  • Dog Park
  • Bike Trail

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,341

Year Built

Built in 1964

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: Credit Report, Security Deposit
  • Available Date: 2023-08-15
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Security: 3100
  • Furnished: Unfurnished
  • Transfer Fees: 100.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Inclusions: Refrigerator and Washer and Dryer
  • Property Attached: Yes
  • Subdivision Name Other: Palmwood Gardens (PALG)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93376033
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1104.00 Square Feet
  • Stories: 2
  • Entry Location: ground floor
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2.81
  • Room Type: All Bedrooms Up
  • Room Kitchen Features: Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen

Exterior Features

  • Pool Features: Association, Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Assigned, Direct Garage Access
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Cooktop, Free-Standing Range, Disposal, Microwave, Refrigerator
  • Heating Type: Electric
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Senior Community: No
  • Community Features: Biking, Dog Park, Park

Schools

  • School District: Tustin Unified
  • High School: Foothill
  • High School: Foothill
  • High School2: FOOTHI2

Lot Info

  • Additional Parcels: No

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Number Of Units In Community: 98
  • Number Of Units Total: 98
  • Rent Includes: Association Dues, Trash Collection, Water

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 8584

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
Jun 15, 2021
Sold by
Yost Heidi Charleen
Bought by
Sc Real Estate I Llc
Seller's Agent
Michael Wu
COMPASS
Buyer's Agent
Maryann Moore
Coldwell Banker Platinum Prop
List Price
$459,000
Sold Price
$515,000
Premium/Discount to List
$56,000
12.2%
Current Estimated Value
$640,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,218
Avg. Annual Appreciation
5.68%

Purchase Details

Closed on
Dec 9, 2010
Sold by
Prism Link Financial Corp
Bought by
Yost Heidi Charleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2010
Sold by
Peters Julius
Bought by
Prism Link Financial Corp

Purchase Details

Closed on
Mar 1, 2007
Sold by
Mckain Patricia A
Bought by
Peters Julius

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
6.13%
Mortgage Type
Unknown

Purchase Details

Closed on
May 10, 2001
Sold by
Mckain Patricia A and Mckain John M
Bought by
Mckain Patricia A and The Patricia A Mckain Family Trust

Purchase Details

Closed on
Mar 25, 1999
Sold by
Mcwhirter James R and Mcwhirter Diane
Bought by
Mckain Patricia and Mckain John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,297
Interest Rate
7.1%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Sc Real Estate I Llc $515,000 Lawyers Title
Yost Heidi Charleen $215,500 Lawyers Title
Prism Link Financial Corp $198,284 None Available
Peters Julius $410,000 Chicago Title Co
Mckain Patricia A -- --
Mckain Patricia $115,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peters Julius $328,000
Previous Owner Mckain Patricia $112,297
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2023 08/16/23 Rented $3,100 0.0% --
08/12/2023 08/12/23 Under Contract -- -- --
08/04/2023 08/04/23 For Rent $3,100 0.0% --
06/23/2021 06/23/21 Sold $515,000 +12.2% $466 / Sq Ft
05/12/2021 05/12/21 For Sale $459,000 -- $416 / 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 $6,341 $557,452 $482,390 $75,062
2024 $6,341 $546,522 $472,931 $73,591
2023 $6,185 $535,806 $463,657 $72,149
2022 $6,091 $525,300 $454,565 $70,735
2021 $3,117 $255,062 $181,611 $73,451
2020 $3,100 $252,447 $179,749 $72,698
2019 $3,029 $247,498 $176,225 $71,273
2018 $2,981 $242,646 $172,770 $69,876
2017 $2,929 $237,889 $169,383 $68,506
2016 $2,893 $233,225 $166,062 $67,163
2015 $3,036 $229,722 $163,567 $66,155
2014 $2,963 $225,223 $160,363 $64,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23141479

California Regional Multiple Listing Service (CRMLS)

APN: 933-760-33