NOT LISTED FOR SALE

423 E 1st St Tustin, CA 92780

Estimated Value: $615,000 - $775,000

2 Beds
1.5 Baths
1,104 Sq Ft
$608/Sq Ft Est. Value

Last Sold September 29, 2021

Last sale price $485,000 $439 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,343/month

28 Days on Market

Highlights

  • No Units Above
  • Gated Parking
  • 1 Car Attached Garage
  • Guin Foss Elementary School Rated A-
  • Community Pool
  • Cooling System Mounted To A Wall/Window

About This Home

As of September 2021

Welcome home to this 2 bedroom 2 bath townhome located in the quiet gated community of Palmwood Gardens. With an inviting an open floor plan this home offers a great room with separate dining. Kitchen with upgraded countertops and custom backsplash. Direct access to quaint private patio with direct garage access as well. Upstairs offers 2 large bedrooms with extra large closets as well as an upgraded bathroom with enclosed tub/ shower combination. In addition to the one car garage -accessible through the patio area there is additional assigned parking. This community offers a lovely pool for relaxing and recreation as well as lush landscape and well maintained grounds. Freeway close this home is centrally located in the heart of the Tustin. Old town Tustin, The Market Place, The District and countless other eateries, shopping and points of interest are just minutes away.

Last Agent to Sell the Property

Michelle Penaflor

Platinum Real Estate Services License #01298586 Listed on: 08/13/2021

Last Buyer's Agent

Maribel Frias

Realty Masters & Associates License #01912746

Realty Masters & Associates

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,894

Year Built

  • Built in 1964

Lot Details

  • No Units Above
  • End Unit
  • No Units Located Below
  • 1 Common Wall

HOA Fees

  • $295 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Gated Parking
  • Parking Lot
  • Assigned Parking

Interior Spaces

  • 1,104 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer and Electric Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Radiant Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 8584
  • Assessor Parcel Number 93376024
  • $462 per year additional tax assessments

Community Details

Overview

  • 98 Units
  • Palmwood Association, Phone Number (714) 544-7755
  • Diversified Association Mgmt HOA
  • Palmwood Gardens Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,894

Year Built

Built in 1964

Lot Details

0

HOA Fees

$295 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Palmwood Gardens (PALG)
  • View: No
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 93376024
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1104.00 Square Feet
  • Stories: 2
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 439.31
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Garage, Gated, Parking Space
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Radiant
  • Laundry Features: Electric Dryer Hookup, Outside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 295.00
  • Association Fee Frequency: Monthly
  • Association Name: PALMWOOD
  • Phone: 7145447755
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Diversified association mgmt

Schools

  • School District: Tustin Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 98
  • Number Of Units Total: 98

Tax Info

  • Tax Census Tract: 755.05
  • Tax Lot: 1
  • Tax Tract Number: 8584
  • TaxOtherAnnualAssessmentAmount: 462.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2021
Closed on
Sep 19, 2021
Sold by
Munoz Marco A
Bought by
Munoz Ruth Ann
Seller's Agent
Michelle Penaflor
Platinum Real Estate Services
Buyer's Agent
Maribel Frias
Realty Masters & Associates
List Price
$498,900
Sold Price
$485,000
Premium/Discount to List
-$13,900
-2.79%
Current Estimated Value
$670,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,769
Avg. Annual Appreciation
8.42%
Original Mortgage
$412,250
Outstanding Balance
$375,450
Interest Rate
2.86%
Estimated Equity
$295,319

Purchase Details

Listed on
Aug 13, 2021
Closed on
Sep 9, 2021
Sold by
Black Tamle and Estate Of Stan Sarnowski
Bought by
Munoz Ruth Ann
Seller's Agent
Michelle Penaflor
Platinum Real Estate Services
Buyer's Agent
Maribel Frias
Realty Masters & Associates
List Price
$498,900
Sold Price
$485,000
Premium/Discount to List
-$13,900
-2.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,250
Outstanding Balance
$375,450
Interest Rate
2.86%
Estimated Equity
$295,319

Purchase Details

Closed on
Jan 4, 2008
Sold by
Fry Thomas
Bought by
Sarnowski Stan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 2008
Sold by
Jolley Fry Katie
Bought by
Fry Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 2003
Sold by
Fry Thomas
Bought by
Fry Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,450
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2000
Sold by
Fry Lauren
Bought by
Fry Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,497
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 2, 2000
Sold by
Pratt Charlotte A
Bought by
Fry Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,497
Interest Rate
7.86%
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
Munoz Ruth Ann -- First American Title Company
Munoz Ruth Ann $485,000 First Amer Ttl Co Res Div
Sarnowski Stan $320,000 Ticor Title Tustin
Fry Thomas -- None Available
Fry Thomas -- California Counties Title Co
Fry Thomas -- California Counties Title Co
Fry Thomas $158,000 California Counties Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munoz Ruth Ann $412,250
Closed Munoz Ruth Ann $412,250
Previous Owner Sarnowski Stan $256,000
Previous Owner Fry Thomas $184,450
Previous Owner Fry Thomas $153,497
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2021 09/29/21 Sold $485,000 +2.1% $439 / Sq Ft
08/20/2021 08/20/21 Price Changed $474,900 -4.8% $430 / Sq Ft
08/13/2021 08/13/21 For Sale $498,900 -- $452 / 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 $5,894 $514,685 $441,094 $73,591
2024 $5,894 $504,594 $432,445 $72,149
2023 $5,749 $494,700 $423,965 $70,735
2022 $5,660 $485,000 $415,651 $69,349
2021 $4,616 $388,310 $302,658 $85,652
2020 $4,592 $384,329 $299,555 $84,774
2019 $4,484 $376,794 $293,682 $83,112
2018 $4,412 $369,406 $287,923 $81,483
2017 $4,110 $341,000 $270,411 $70,589
2016 $3,638 $304,000 $233,411 $70,589
2015 $3,763 $304,000 $233,411 $70,589
2014 $3,091 $242,802 $172,213 $70,589
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21179738

California Regional Multiple Listing Service (CRMLS)

APN: 933-760-24