NOT LISTED FOR SALE

522 Bernard St Costa Mesa, CA 92627

Downtown Costa Mesa Neighborhood

Estimated Value: $1,265,000 - $1,426,000

13 Beds
7 Baths
4,700 Sq Ft
$281/Sq Ft Est. Value

Last Sold February 15, 2013

Last sale price $1,325,000 $282 Per Sq Ft

Current estimated payment $8,104/month

8 Days on Market

Highlights

  • Corner Lot
  • Wood Siding
  • No Heating
  • Bungalow

About This Home

As of February 2013

Listing includes 422-101-13,#526 Bernard on 11,467 square foot lot..Seven units , 2 built in 1946 Five built in 1964. Potential to build 7 SFR's with R-1 zoning, buyer to verify to their satisfaction. Easy access to rts. #55,#73,#405. Combined lot square footage over 22,000. Two - 1/1 units Five 2/2 units. Parking area for 12-14 cars in alley .Landlord provides gardening and pays water & trash. Rents below market, 1 tenant 19yrs, three currently vacant. Garage used for storage by landlord. Equity sale. Terrific opportunity !

Last Agent to Sell the Property

MLS Department

Out Of Area License #88888888 Listed on: 12/04/2012

Last Buyer's Agent

Christian Walsh

Berkshire Hathaway HomeServices California Properties License #01804983

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,769

Year Built

  • Built in 1945

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 203x57
  • Property fronts an alley
  • Corner Lot

Home Design

  • 4,700 Sq Ft Home
  • Bungalow
  • Shingle Roof
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 7 Bathrooms

Parking

  • 12 Parking Spaces
  • Gravel Driveway

Utilities

  • No Heating

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 7 / A
  • Tax Tract Number 553
  • Assessor Parcel Number 42210112

Community Details

Overview

  • 7 Buildings
  • 7 Units

Building Details

  • 4 Leased Units
  • 1 Separate Electric Meter
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $2,000
  • Trash Expense $1,622
  • Water Sewer Expense $720
  • New Taxes Expense $15,000
  • Gross Income $3,850
  • Net Operating Income $5,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,769

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 0.33
  • Improvements Percent: 51.00
  • Road Frontage Type: Alley
  • View: No
  • Water Sewer Expenses: 720.00
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 42210112
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 281.91

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: No
  • Parking Features: Gravel
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Connected
  • Heating: No
  • Laundry: No
  • Trash Expense: 1622.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Corner Lot
  • Lot Size: 203x57
  • Lot Size Sq Ft: 11519.00
  • Lot Size Acres: 0.2640

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 600
  • Average2 Bed Area: 700
  • Gross Income: 3850.00
  • Gross Multiplier: 32.47
  • Gross Scheduled Income: 46200.00
  • Insurance Expense: 2000.00
  • Net Operating Income: 5000.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 4
  • Number Of Units Total: 7
  • Operating Expense: 5000.00
  • Other Expense Description: 135
  • Total Actual Rent: 3850.00
  • Vacancy Allowance Rate: 30.00

Tax Info

  • New Taxes Expense: 15000.00
  • Tax Area: 15006
  • Tax Block: A
  • Tax Lot: 7
  • Tax Tract Number: 553

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2018
Sold by
Planet Home Housing Pool 1 Llc
Bought by
Marchioni Brandon
Current Estimated Value
$1,322,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,800
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Marchioni Brandon $826,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marchioni Brandon $657,500
Previous Owner Marchioni Brandon $660,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2013 02/15/13 Sold $1,325,000 -11.7% $282 / Sq Ft
12/12/2012 12/12/12 Pending -- -- --
12/04/2012 12/04/12 For Sale $1,500,000 -- $319 / 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 $10,769 $921,973 $532,317 $389,656
2024 $10,769 $903,896 $521,880 $382,016
2023 $10,395 $886,173 $511,647 $374,526
2022 $9,994 $868,798 $501,615 $367,183
2021 $9,664 $851,763 $491,779 $359,984
2020 $9,557 $843,030 $486,737 $356,293
2019 $9,355 $826,500 $477,193 $349,307
2018 $4,848 $428,562 $238,771 $189,791
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    MLS Department

    Out Of Area

    (714) 375-9313

    17 Total Sales

    MLS Department
    Section Image
  • Christian Walsh

    Buyer's Agent in 2013

    Christian Walsh

    Berkshire Hathaway HomeServices California Properties

    (949) 677-3466

    6 in this area

    87 Total Sales

    Christian Walsh
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S719623

California Regional Multiple Listing Service (CRMLS)

APN: 422-104-17

California Orange County Costa Mesa 92627 Downtown Costa Mesa

522 Bernard St, Costa Mesa, CA

This home is located at 522 Bernard St, Costa Mesa, CA 92627 since 04 December 2012 and is currently estimated at $1,322,705, approximately $281 per square foot. This property was built in 1945. 522 Bernard St is a home located in Orange County with nearby schools including Wilson Elementary School, Charles W. Tewinkle Middle School, and Estancia High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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