NOT LISTED FOR SALE

Estimated Value: $1,795,112 - $2,173,000

3 Beds
2 Baths
1,730 Sq Ft
$1,123/Sq Ft Est. Value

Last Sold June 09, 2017

Last sale price $1,225,000 $708 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $11,526/month

30 Days on Market

Highlights

  • Primary Bedroom Suite
  • Custom Home
  • Wood Flooring
  • Agnes L. Smith Elementary Rated A-
  • Updated Kitchen
  • Main Floor Bedroom

About This Home

As of June 2017

Come down and start enjoying the Coastal Lifestyle in this Custom re-built vintage style craftsman home completed in 2015. Take a stroll to the park, beach, pier, Main Street Village, or the new Pacific City Development.... no need to get into a car, you'll be there before you can find a parking spot. This is a gorgeous beach home, absolute "perfection" in the finish work and upgrades. I am not exaggerating; you will see what I mean when you start carefully looking at all the detailed finish work. It simply "must be seen" to be appreciated, and what a great deal... it is priced below replacement cost! The home features 3 bedrooms, 2 baths in 1730 square feet... so it is not as large as some of the other beach homes, but unquestionably has more style than the other homes you will tour. Upgrades include: Hardwood flooring throughout, 9' ceilings, open kitchen with country sink, Viking refrigerator, Italian Bertozzi stove, & custom cabinets. Light, bright, and open floor plan with large fireplace in the great room, Surround sound stereo, crown molding, cat 5 wiring, security system, tank-less water heater, central 3 zone air conditioner, low maintenance landscaping, drought busting artificial turf, gorgeous mature trees... and so much more!

Last Agent to Sell the Property

Scot Campbell

Coldwell Banker-Campbell Rltrs License #00943759 Listed on: 03/28/2017

Coldwell Banker-Campbell Rltrs

Last Buyer's Agent

Chuck Harper

Real Broker License #01995537

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,683

Year Built

  • Built in 2015 | Remodeled

Lot Details

  • 2,875 Sq Ft Lot
  • Sprinkler System
  • Private Yard
  • Property is zoned SP

Parking

  • 2 Car Garage

Home Design

  • Custom Home
  • Craftsman Architecture
  • Bungalow
  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 1,730 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • High Ceiling
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Combination Dining and Living Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Gas Range
  • Free-Standing Range
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Open Patio
  • Rain Gutters

Utilities

  • Zoned Heating and Cooling
  • Floor Furnace
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 359
  • Assessor Parcel Number 02401406

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,683

Year Built

Built in 2015 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Subdivision Name Other: Downtown Area (DOWN)
  • View: No
  • Zoning: SP
  • Architectural Style: Bungalow, Craftsman, Custom Built
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 02401406
  • Year Built: 2015
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1730.00 Square Feet
  • Interior Amenities: Crown Molding, High Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, In Living Room
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 708.09
  • Room Type: Main Floor Bedroom, Master Suite, Walk-In Closet
  • Room Kitchen Features: Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio Open
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Appliances: Free-Standing Range, Disposal, Gas Range
  • Electric: Electricity - On Property
  • Heating Type: Floor Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinkler System, Yard
  • Lot Size Sq Ft: 2875.00

Multi Family

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

Tax Info

  • Tax Census Tract: 993.11
  • Tax Lot: 6
  • Tax Tract Number: 359

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2021
Sold by
Lerch Joshua Eric and Lerch Tanya Deanna
Bought by
Lerch Joshua Eric and Lerch Tanya Deanna
Current Estimated Value
$1,942,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,152
Outstanding Balance
$536,463
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,406,315

Purchase Details

Closed on
Jul 15, 2020
Sold by
Lerch Joshua E and Lerch Tanya D
Bought by
Lerch Joshua Eric and Lerch Tanya Deanna

Purchase Details

Listed on
Mar 28, 2017
Closed on
Apr 28, 2017
Sold by
Khan Andrew S and Khan Kari L
Bought by
Lerch Joshua E and Lerch Tanya D
Seller's Agent
Scot Campbell
Coldwell Banker-Campbell Rltrs
Buyer's Agent
Chuck Harper
Real Broker
List Price
$1,329,000
Sold Price
$1,225,000
Premium/Discount to List
-$104,000
-7.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%
Original Mortgage
$696,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2016
Sold by
Khan Andrew S and Khan Kari L
Bought by
The Andrew & Kari Khan Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2015
Sold by
Khan Andrew S and Khan Kari L
Bought by
Khan Andrew S and Khan Kari L

Purchase Details

Listed on
Jun 29, 2013
Closed on
Aug 26, 2013
Sold by
Vargas Randolph M and Vargas Deborah L
Bought by
Khan Andrew Salim and Khan Kari Lynn
Seller's Agent
Henry Cossio
Own It Group
Buyer's Agent
Henry Cossio
Own It Group
List Price
$749,900
Sold Price
$700,000
Premium/Discount to List
-$49,900
-6.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.74%
Original Mortgage
$525,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2008
Sold by
Vargas Randolph M and Vargas Deborah L
Bought by
Vargas Randolph M and Vargas Deborah L

Purchase Details

Closed on
Mar 25, 2004
Sold by
Vargas Randolph M and Vargas Deborah L
Bought by
Vargas Randolph M and Vargas Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2001
Sold by
Vargas Randolph M and Vargas Deborah L
Bought by
Vargas Randolph M and Vargas Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.87%

Purchase Details

Closed on
Mar 20, 2001
Sold by
Vargas Randolph M and Vargas Deborah L
Bought by
Vargas Randolph M and Vargas Deborah L

Purchase Details

Closed on
Oct 12, 2000
Sold by
Kline Scott and Kline Colleen
Bought by
Vargas Randolph M and Vargas Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.86%

Purchase Details

Closed on
May 21, 1999
Sold by
Kachad Scott and Kachad Sherri
Bought by
Kline Scott and Kline Colleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,200
Interest Rate
7.4%
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
Lerch Joshua Eric -- Amrock Llc
Lerch Joshua Eric -- Amrock Llc
Lerch Joshua Eric -- None Available
Lerch Joshua E $1,225,000 Orange Coast Title Co
The Andrew & Kari Khan Trust -- Accommodation
Khan Andrew S -- Usa National Title
Khan Andrew S -- Usa National Title
Khan Andrew S -- None Available
Khan Andrew Salim $700,000 Wfg Title Company Of Ca
Vargas Randolph M -- None Available
Vargas Randolph M -- Fidelity National Title Co
Vargas Randolph M -- Lawyers Title Company
Vargas Randolph M -- North American Title Co
Vargas Randolph M -- --
Vargas Randolph M $340,000 First American Title
Kline Scott $229,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lerch Joshua Eric $652,152
Previous Owner Lerch Joshua E $696,000
Previous Owner Khan Andrew S $598,500
Previous Owner Khan Andrew Salim $525,000
Previous Owner Vargas Randolph M $175,000
Previous Owner Vargas Randolph M $140,000
Previous Owner Vargas Randolph M $140,000
Previous Owner Kline Scott $183,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/09/2017 06/09/17 Sold $1,225,000 -1.9% $708 / Sq Ft
04/27/2017 04/27/17 Pending -- -- --
04/19/2017 04/19/17 Price Changed $1,249,000 -2.3% $722 / Sq Ft
04/17/2017 04/17/17 Price Changed $1,279,000 -1.5% $739 / Sq Ft
04/04/2017 04/04/17 Price Changed $1,299,000 -2.3% $751 / Sq Ft
03/28/2017 03/28/17 For Sale $1,329,000 +89.9% $768 / Sq Ft
09/04/2013 09/04/13 Sold $700,000 -6.7% $1,186 / Sq Ft View Prior Sale
06/29/2013 06/29/13 For Sale $749,900 -- $1,271 / 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 $15,683 $1,421,714 $1,161,234 $260,480
2024 $15,683 $1,393,838 $1,138,465 $255,373
2023 $15,335 $1,366,508 $1,116,142 $250,366
2022 $14,934 $1,339,714 $1,094,257 $245,457
2021 $14,654 $1,313,446 $1,072,801 $240,645
2020 $14,560 $1,299,979 $1,061,801 $238,178
2019 $14,382 $1,274,490 $1,040,982 $233,508
2018 $14,158 $1,249,500 $1,020,570 $228,930
2017 $11,214 $971,615 $726,895 $244,720
2016 $10,711 $952,564 $712,642 $239,922
2015 $10,611 $938,256 $701,937 $236,319
2014 -- $700,000 $688,187 $11,813
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17064000

California Regional Multiple Listing Service (CRMLS)

APN: 024-014-06