NOT LISTED FOR SALE

493 E 1st St Tustin, CA 92780

Estimated Value: $595,000 - $774,000

2 Beds
1.5 Baths
1,104 Sq Ft
$591/Sq Ft Est. Value

Last Sold July 09, 2020

Last sale price $395,000 $358 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,131/month

55 Days on Market

Highlights

  • In Ground Pool
  • No Units Above
  • Gated Parking
  • Guin Foss Elementary School Rated A-
  • All Bedrooms Downstairs
  • Open Floorplan

About This Home

As of July 2020

3D Virtual Tour: https://my.matterport.com/show/?m=ojtqJiRU6fv&mls=1. Welcome to this wonderful two-bedroom two-bathroom townhome in the gated community of Palmwood Gardens in Tustin. Entering the home, you are greeted by an open floor plan throughout the living, dining, and kitchen area. The living room features new laminate flooring, a nice bar top, and great natural lighting. The dining area features new laminate flooring and a new light fixture with ceiling fan. The kitchen features newer appliances, backsplash, sink, and fixtures, and opens nicely to the rest of the downstairs living space. Private covered patio with a section of grass and direct access to the parking area. The downstairs guest bathroom features a new vanity, fixtures, toilet, and laminate flooring along with a linen closet in the hallway. Continuing up the stairs you have the full bathroom with new tiled shower and backsplash, vanity, fixtures, toilet, and laminate flooring with a second door that leads to bedroom number one. In bedroom number one, you will find new flooring and new light fixture with ceiling fan. Bedroom number two has a longer shaped room with new flooring and a large walk-in closet. Upstairs you also have a linen closet for extra storage. A one-car garage and assigned space. Dual pools in this gated complex. All within a short distance to parks, freeways, and Old Town Tustin, The Market Place, and The District at Tustin Legacy which hosts numerous hot spots for dining and shopping.

Last Agent to Sell the Property

Jon M Perez

First Team Real Estate License #01405984 Listed on: 04/15/2020

First Team Real Estate

Last Buyer's Agent

Carole Geronsin

BHHS CA Properties License #00604118

BHHS CA Properties

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Wood Fence
  • Density is up to 1 Unit/Acre
  • Zero Lot Line

HOA Fees

  • $295 Monthly HOA Fees

Parking

  • 1 Car Garage
  • 1 Open Parking Space
  • Parking Available
  • Single Garage Door
  • Gated Parking
  • Parking Lot
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Common Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 1,104 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room
  • Laminate Flooring

Kitchen

  • Open to Family Room
  • Electric Oven
  • Electric Range
  • Free-Standing Range
  • Microwave
  • Laminate Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • Walk-In Closet
  • Remodeled Bathroom
  • Jack-and-Jill Bathroom
  • Corian Bathroom Countertops
  • Low Flow Toliet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Home Security

Accessible Home Design

  • Doors swing in

Pool

  • In Ground Pool
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • Enclosed Patio or Porch
  • Rain Gutters

Location

  • Property is near a park
  • Property is near public transit

Schools

  • Guin Foss Elementary School
  • Columbus Tustin Middle School
  • Foothill High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Radiant Heating System
  • Water Heater
  • Sewer Paid
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 8584
  • Assessor Parcel Number 93376017

Community Details

Overview

  • Master Insurance
  • 98 Units
  • Palmwood Gardens Association, Phone Number (714) 544-7755
  • Diversified Association Management HOA
  • Maintained Community

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 1964 | Remodeled

Lot Details

0

HOA Fees

$295 per month

Parking

1

Listing Details

  • Structure Type: Quadruplex
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Palmwood Gardens (PALG)
  • View: No
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 93376017
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1104.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Laminate Counters, Open Floorplan
  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Laminate
  • Accessibility Features: Doors - Swing In
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 357.79
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Walk-In Closet
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower In Tub, Corian Counters, Hollywood Bathroom (Jack&Jill), Remodeled, Upgraded
  • Room Kitchen Features: Kitchen Open To Family Room, Laminate Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Enclosed, Slab
  • Pool Features: Association, Fenced, Gunite, In Ground
  • Pool Private: No
  • Roof: Common Roof, Composition
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Garage, Garage - Single Door, Gated, Parking Space
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range, Free-Standing Range, Disposal, Microwave, Water Heater
  • Electric: Electricity - On Property, Standard
  • Heating Type: Radiant
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Insurance, Maintenance Grounds, Management
  • Association Fee: 295.00
  • Association Fee Frequency: Monthly
  • Association Name: Palmwood Gardens
  • Phone: 714-544-7755
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters, Sidewalks
  • Association Management: Diversified Association Management

Schools

  • Elementary School: Guin Foss
  • High School: Foothill
  • Middle Or Junior School: Columbus Tustin
  • Elementary School #2: GUIFOS
  • High School2: FOOTHI2

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Near Public Transit, Park Nearby, Walkstreet, Zero Lot Line

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 98
  • Number Of Units Total: 1

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2020
Closed on
Jun 24, 2020
Sold by
Callanan Bridget
Bought by
Loughman Gerard
Seller's Agent
Jon M Perez
First Team Real Estate
Buyer's Agent
Carole Geronsin
BHHS CA Properties
List Price
$389,000
Sold Price
$395,000
Premium/Discount to List
$6,000
1.54%
Current Estimated Value
$652,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,864
Avg. Annual Appreciation
9.64%
Original Mortgage
$355,500
Outstanding Balance
$314,530
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$338,334

Purchase Details

Listed on
Apr 15, 2020
Closed on
Jun 23, 2020
Sold by
Vicek Jason Michael and The Carolyn Andrea Vicek Pione
Bought by
Pringle Adam Prescott and Loughman Anne
Seller's Agent
Jon M Perez
First Team Real Estate
Buyer's Agent
Carole Geronsin
BHHS CA Properties
List Price
$389,000
Sold Price
$395,000
Premium/Discount to List
$6,000
1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,500
Outstanding Balance
$314,530
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$338,334

Purchase Details

Closed on
Sep 14, 2016
Sold by
Pionessa Carolyn Andrea
Bought by
Pionessa Carolyn Andrea and The Carolyn Andrea Vicek Pionessa Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2007
Sold by
Pionessa Carolyn A
Bought by
Pionessa Carolyn Andrea and Carolyn Andrea Vlcek Pionessa Trust

Purchase Details

Closed on
Jan 25, 2002
Sold by
Pionessa Carolyn A and Vicek Carolyn A
Bought by
Pionessa Carolyn A
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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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
Loughman Gerard -- First American Title Company
Pringle Adam Prescott $395,000 First American Title Company
Pionessa Carolyn Andrea -- First American Title Company
Pionessa Carolyn Andrea -- None Available
Pionessa Carolyn A -- Fidelity National Title Co
Pionessa Carolyn A -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pringle Adam Prescott $355,500
Previous Owner Pionessa Carolyn Andrea $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2020 07/09/20 Sold $395,000 +1.5% $358 / Sq Ft
06/09/2020 06/09/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $389,000 0.0% $352 / Sq Ft
04/23/2020 04/23/20 Pending -- -- --
04/15/2020 04/15/20 For Sale $389,000 -- $352 / 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 $4,985 $427,560 $354,774 $72,786
2024 $4,985 $419,177 $347,818 $71,359
2023 $4,859 $410,958 $340,998 $69,960
2022 $4,782 $402,900 $334,311 $68,589
2021 $4,688 $395,000 $327,755 $67,245
2020 $2,611 $206,953 $118,259 $88,694
2019 $2,553 $202,896 $115,941 $86,955
2018 $2,512 $198,918 $113,668 $85,250
2017 $2,470 $195,018 $111,439 $83,579
2016 $2,427 $191,195 $109,254 $81,941
2015 $2,512 $188,324 $107,613 $80,711
2014 $2,452 $184,635 $105,505 $79,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20073341

California Regional Multiple Listing Service (CRMLS)

APN: 933-760-17