NOT LISTED FOR SALE

428 Hamilton St Costa Mesa, CA 92627

Estimated Value: $1,492,000 - $1,917,000

5 Beds
2 Baths
2,039 Sq Ft
$807/Sq Ft Est. Value

Last Sold December 23, 2019

Last sale price $952,500 $467 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $9,545/month

27 Days on Market

Highlights

  • No HOA
  • Living Room
  • Wall Furnace
  • Costa Mesa High School Rated A-
  • Laundry Room
  • Back and Front Yard

About This Home

As of December 2019

Private Single Family Home. No shared walls. Private parking. Private yards.
Beautiful remodeled 2 bed / 1 ba home; Private front and back yard, driveway parking; full amenities with new appliances. Dogs/Cats allowed if ESA or SA certificate can be provided.
This beautiful 2 bedroom house has just been remodeled in 2021 into an amazing home. Comes with a private yard and driveway for plenty of parking and room to play. Everything is brand new from appliances to the paint. 5min to the beach, near The Triangle; everything that Costa Mesa and Newport have to offer.

Move-In Details
Available: Now
Security Deposit: $3,650
Monthly Rent: $3,650
Features and Amenities
Washer/Dryer: In Unit
Parking: Driveway
Hardwood Floors
Dishwasher
Storage
Outdoor Space: Private Front and Back Yard, Patio
Back door has LARGE Dog Door Installed.
Other Amenities

Pets allowed ONLY with approval. Please inquire.

Last Agent to Sell the Property

Daniel Shafer

DANIEL SHAFER, BROKER License #01413506 Listed on: 08/19/2019

Last Buyer's Agent

Chris Miller

Miller Real Estate License #01723166

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,246

Year Built

  • Built in 1924

Lot Details

  • 8,712 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Home Design

  • Duplex

Interior Spaces

  • 2,039 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Gas Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Gas And Electric Dryer Hookup

Parking

  • Parking Available
  • Driveway

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Propane Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas, telephone
  • Tax Lot 10
  • Tax Tract Number 247
  • Assessor Parcel Number 41917129

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $720
  • Insurance Expense $2,000
  • Other Expense $1,000
  • Trash Expense $240
  • Water Sewer Expense $480
  • New Taxes Expense $15,000
  • Operating Expense $19,440
  • Gross Income $51,900
  • Net Operating Income $32,460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,246

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Costa Mesa Residential Income (CMRI)
  • Water Sewer Expenses: 480.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 41917129
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 467.14
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Propane Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, In Kitchen, Individual Room, Inside
  • Sewer: Public Sewer
  • Trash Expense: 240.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000
  • Latitude Manual: 33.65093600

Rental Info

  • Tenant Pays: Electricity, Gas, Telephone

Multi Family

  • Gross Income: 51900.00
  • Gross Scheduled Income: 51900.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 8712.0000 Square Feet
  • Net Operating Income: 32460.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 19440.00
  • Other Expense: 1000.00
  • Rent Control: No
  • Total Actual Rent: 4325.00
  • Total Expenses: 19440.00

Tax Info

  • New Taxes Expense: 15000.00
  • Tax Census Tract: 637.02
  • Taxes Percent: 1.05
  • Tax Lot: 10
  • Tax Tract Number: 247
  • Tax Annual Amount: 5245.58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2020
Sold by
Travis Sean
Bought by
Travis Sean and Chapman Lindsey Marie
Current Estimated Value
$1,645,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$957,000
Outstanding Balance
$851,594
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$793,947

Purchase Details

Listed on
Aug 19, 2019
Closed on
Dec 13, 2019
Sold by
Martin Teresa L and Shafer Maria L
Bought by
Travis Sean
Seller's Agent
Daniel Shafer
DANIEL SHAFER, BROKER
Buyer's Agent
Chris Miller
Miller Real Estate
List Price
$998,000
Sold Price
$952,500
Premium/Discount to List
-$45,500
-4.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.41%
Original Mortgage
$935,247
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 9, 2019
Sold by
Shafer Daniel Keith
Bought by
Shafer Maria L

Purchase Details

Closed on
Apr 23, 2007
Sold by
Martin Teresa S and Lucarelli Teresa S
Bought by
Martin Teresa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.84%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 26, 2005
Sold by
Lucarelli Teresa S and Lucarelli Maria T
Bought by
Lucarelli Teresa S

Purchase Details

Closed on
Oct 2, 2002
Sold by
Lucarelli Teresa S
Bought by
Lucarelli Teresa S and Lucarelli Maria T

Purchase Details

Closed on
Jun 10, 2002
Sold by
Leslie Janet M
Bought by
Lucarelli Teresa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2000
Sold by
Dorchester Joy B and Bunasawa Noriaki
Bought by
Lucarelli Teresa S and Leslie Janet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,146
Interest Rate
8.01%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Travis Sean -- Stewart Title Company Of Ca
Travis Sean $952,500 Lawyers Title
Shafer Maria L -- Lawyers Title Company
Martin Teresa L -- Lawyers Title Company
Martin Teresa S -- Southland Title
Lucarelli Teresa S -- Southland Title
Lucarelli Teresa S -- Southland Title
Lucarelli Teresa S -- --
Lucarelli Teresa S -- Southland Title Corporation
Lucarelli Teresa S $279,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Travis Sean $957,000
Closed Travis Sean $935,247
Previous Owner Martin Teresa S $85,000
Previous Owner Lucarelli Teresa S $293,000
Previous Owner Lucarelli Teresa S $277,146
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2024 12/16/24 Off Market $3,650 -- --
12/05/2024 12/05/24 For Rent $3,650 0.0% --
12/05/2024 12/05/24 Price Changed $3,650 +4.3% $4 / Sq Ft
11/29/2024 11/29/24 Off Market $3,500 -- --
11/25/2024 11/25/24 Price Changed $3,500 -4.1% $3 / Sq Ft
10/17/2024 10/17/24 Price Changed $3,650 -3.9% $4 / Sq Ft
10/05/2024 10/05/24 For Rent $3,800 0.0% --
12/23/2019 12/23/19 Sold $952,500 -4.6% $467 / Sq Ft
12/10/2019 12/10/19 Price Changed $998,000 0.0% $489 / Sq Ft
12/10/2019 12/10/19 For Sale $998,000 0.0% $489 / Sq Ft
08/19/2019 08/19/19 For Sale $998,000 -- $489 / 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 $12,297 $1,041,695 $969,660 $72,035
2024 $12,297 $1,021,270 $950,647 $70,623
2023 $11,909 $1,001,246 $932,007 $69,239
2022 $11,581 $981,614 $913,732 $67,882
2021 $11,250 $962,367 $895,816 $66,551
2020 $11,114 $952,500 $886,631 $65,869
2019 $5,355 $409,146 $340,208 $68,938
2018 $5,246 $401,124 $333,537 $67,587
2017 $5,164 $393,259 $326,997 $66,262
2016 $5,063 $385,549 $320,586 $64,963
2015 $5,016 $379,758 $315,770 $63,988
2014 $4,909 $372,320 $309,585 $62,735
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19199447

California Regional Multiple Listing Service (CRMLS)

APN: 419-171-29