NOT LISTED FOR SALE

551 Traverse Dr Costa Mesa, CA 92626

Northside Costa Mesa Neighborhood

Estimated Value: $1,499,000 - $1,739,000

4 Beds
3 Baths
2,450 Sq Ft
$660/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $900,000 $367 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $9,659/month

74 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Main Floor Primary Bedroom
  • Costa Mesa High School Rated A-
  • Fireplace in Primary Bedroom
  • Granite Countertops

About This Home

As of November 2020

Great location in the Del Cerro community of Costa Mesa. Only minutes to world class shopping, dining, The Lab, South Coast Plaza, and The Triangle. Conveniently close to freeway access, airport, and beaches. Home is located in the highly acclaimed Newport-Mesa Unified School district. Short walk to Del Mesa Park and basketball court.

Beautiful curb appeal with lush front lawn and several beautiful date palms surrounding the bay window. Gorgeous entry way with natural light pouring in from the skylight. Huge living room with an electric fireplace that creates a cozy retreat on chilly winter nights with the press of a button. Three large bedrooms on the first floor including one of the master ensuite bedrooms. Gorgeous dining area with the second of three fireplaces adorning the home. Dining area opens to an oversized outdoor patio with a custom aluminum patio cover complete with three ceiling fans. Second master is up-stairs which features a fire place, walk-in closet and dual vanity. Large dedicated laundry room with lots of room for storage. Newer dual-pane windows and doors throughout. Newer Hampton Bay ceiling fans throughout the home as well.

Last Agent to Sell the Property

Derek LeBon

Bon Life Real Estate License #02045275 Listed on: 07/16/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,060

Year Built

  • Built in 1965

Lot Details

  • 6,098 Sq Ft Lot
  • Brick Fence
  • Level Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Attached Garage
  • Two Garage Doors
  • Driveway
  • On-Street Parking

Home Design

  • Slab Foundation

Interior Spaces

  • 2,450 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Electric Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Living Room
  • Dining Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating
  • Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 104
  • Tax Tract Number 5698
  • Assessor Parcel Number 41802213

Community Details

Overview

  • No Home Owners Association
  • Del Cerro Subdivision

Recreation

  • Park
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,060

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Del Cerro (DELC)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 41802213
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2450.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Open Floorplan
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Dining Room, Family Room, Primary Bedroom, Electric
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 367.35
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Separate Family Room, Two Primaries, Walk-In Closet
  • Window Features: Double Pane Windows
  • Bathroom Features: Double Sinks In Primary Bath
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Brick
  • Patio And Porch Features: Concrete, Covered, Rear Porch
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking Features: Driveway, Concrete, Garage, Garage - Two Door, Street
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Refrigerator, Water Heater
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Park, Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Back Yard, Front Yard, Lawn, Level, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Yard
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6098.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 639.08
  • Tax Lot: 104
  • Tax Tract Number: 5698

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2025
Sold by
Long Truong and Long Andy Trinh
Bought by
2025 Lt Revocable Living Trust and Truong
Current Estimated Value
$1,615,937

Purchase Details

Listed on
Jul 16, 2020
Closed on
Oct 29, 2020
Sold by
Truong Nu
Bought by
Trinh Andy
Seller's Agent
Derek LeBon
Bon Life Real Estate
List Price
$949,000
Sold Price
$900,000
Premium/Discount to List
-$49,000
-5.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.03%
Original Mortgage
$720,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 16, 2020
Closed on
Oct 5, 2020
Sold by
Winberry Ryan Lee and Winberry Trisha Leah
Bought by
Truong Long and Trinh Andy
Seller's Agent
Derek LeBon
Bon Life Real Estate
List Price
$949,000
Sold Price
$900,000
Premium/Discount to List
-$49,000
-5.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 25, 2015
Closed on
Mar 17, 2015
Sold by
Rickers Gerald A and Rickers Roberta M
Bought by
Winberry Ryan Lee and Winberry Trisha Leah
Seller's Agent
Elizabeth Do
Keller Williams Realty
Buyer's Agent
Elizabeth Do
Keller Williams Realty
List Price
$699,000
Sold Price
$706,000
Premium/Discount to List
$7,000
1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.40%

Purchase Details

Closed on
May 17, 2013
Sold by
Rickers Gerald A and Rickers Roberta M
Bought by
Rickers Gerald A and Rickers Roberta M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,751
Interest Rate
2.87%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 11, 2009
Sold by
Loertscher Hanspeter
Bought by
Rickers Gerald A and Caliboso Roberta M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$511,801
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 4, 2006
Sold by
Landberg Bjorn E
Bought by
Loertscher Hanspeter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.29%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
2025 Lt Revocable Living Trust -- None Listed On Document
Trinh Andy -- Pacific Coast Title Company
Truong Long $900,000 Pacific Coast Title Company
Winberry Ryan Lee $706,000 Lawyers Title
Rickers Gerald A -- First American Title Company
Rickers Gerald A $530,000 California Title Company
Loertscher Hanspeter $675,000 New Century Title Company Lo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Truong Long $720,000
Previous Owner Winberry Ryan Lee $675,000
Previous Owner Rickers Gerald A $499,751
Previous Owner Rickers Gerald A $511,801
Previous Owner Loertscher Hanspeter $620,000
Previous Owner Loertscher Hanspeter $77,500
Previous Owner Loertscher Hanspeter $135,000
Previous Owner Loertscher Hanspeter $540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $900,000 -2.7% $367 / Sq Ft
11/23/2020 11/23/20 Price Changed $925,000 0.0% $378 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
08/26/2020 08/26/20 Price Changed $925,000 -2.5% $378 / Sq Ft
07/16/2020 07/16/20 For Sale $949,000 +34.4% $387 / Sq Ft
04/14/2015 04/14/15 Sold $706,000 +1.0% $288 / Sq Ft
03/25/2015 03/25/15 For Sale $699,000 -1.0% $285 / Sq Ft
03/24/2015 03/24/15 Pending -- -- --
03/16/2015 03/16/15 Off Market $706,000 -- --
03/03/2015 03/03/15 For Sale $699,000 -- $285 / 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 $11,060 $974,188 $737,873 $236,315
2024 $11,060 $955,087 $723,405 $231,682
2023 $10,734 $936,360 $709,220 $227,140
2022 $10,447 $918,000 $695,313 $222,687
2021 $10,182 $900,000 $681,679 $218,321
2020 $8,860 $775,849 $554,228 $221,621
2019 $8,673 $760,637 $543,361 $217,276
2018 $8,499 $745,723 $532,707 $213,016
2017 $8,355 $731,101 $522,261 $208,840
2016 $8,175 $716,766 $512,020 $204,746
2015 $6,580 $569,234 $347,577 $221,657
2014 -- $558,084 $340,768 $217,316
Source: Public Records

Agents Affiliated with this Home

  • Derek LeBon

    Seller's Agent in 2020

    Derek LeBon

    Bon Life Real Estate

    (949) 422-5937

    1 in this area

    30 Total Sales

    Derek LeBon
    Section Image
  • Elizabeth Do

    Seller's Agent in 2015

    Elizabeth Do

    Keller Williams Realty

    (714) 317-7243

    3 in this area

    728 Total Sales

    Elizabeth Do
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20137494

California Regional Multiple Listing Service (CRMLS)

APN: 418-022-13

California Orange County Costa Mesa 92626 Northside Costa Mesa

551 Traverse Dr, Costa Mesa, CA

This home is located at 551 Traverse Dr, Costa Mesa, CA 92626 since 16 July 2020 and is currently estimated at $1,615,937, approximately $659 per square foot. This property was built in 1965. 551 Traverse Dr is a home located in Orange County with nearby schools including Sonora Elementary School, Costa Mesa High School, and Frontiers Academy.

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

Nearby Homes