Michelle Fairchild
Premiere Choice Mfd Housing
(657) 312-4228
251 Total Sales
2 in Downtown Costa Mesa
$84K - $160K Price Range
623 Hamilton St Costa Mesa, CA 92627
Downtown Costa Mesa NeighborhoodEstimated Value: $1,400,000 - $1,928,000
8
Beds
4
Baths
825
Sq Ft
$2,111/Sq Ft
Est. Value
Highlights
- No HOA
- 4 Car Garage
- Rectangular Lot
- Bungalow
- Laundry Facilities
- Carpet
About This Home
As of April 2015623 Hamilton Street Costa Mesa is a spectacular fourplex investment opportunity. All 4 units are 2 bedroom/1 bath. Each residence has a 1 car garage plus ample additional off-street parking, washer/dryer hookups and private yard space. Very rare for Costa Mesa, the units are separately metered for water. With the tenants paying for water, expenses are lower for the owner. There are no rent control or affordable housing restrictions for these units.
This site is well-located less than a block from Rea Elementary School and offers easy access to main freeways. It’s close to all the fine dining, shopping and eclectic entertainment that Costa Mesa offers.
This site is also within the Mesa West Residential Ownership Urban Plan, which presents a potential redevelopment opportunity.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices California Properties License #01804983 Listed on: 03/06/2015
Co-Listed By
Chris Iseley
Watts Team Real Estate License #01910219
Last Buyer's Agent
Berkshire Hathaway HomeServices California Properties License #01804983 Listed on: 03/06/2015
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1959
Lot Details
- 11,648 Sq Ft Lot
- 1 Common Wall
- Block Wall Fence
- Rectangular Lot
- Level Lot
Parking
- 4 Car Garage
- Parking Available
- Unassigned Parking
Home Design
- Bungalow
- Property Attached
- Entry on the 1st floor
- Slab Foundation
- Composition Roof
Interior Spaces
- 825 Sq Ft Home
- 1-Story Property
- Carpet
- Gas Range
- Washer and Gas Dryer Hookup
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Location
- Suburban Location
Utilities
- Wall Furnace
- Gas Water Heater
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, water
- Tax Lot 21
- Tax Tract Number 247
- Assessor Parcel Number 42213115
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Gardener Expense $720
- Insurance Expense $1,200
- Trash Expense $1,064
- Water Sewer Expense $862
- New Taxes Expense $11,825
- Gross Income $5,670
- Net Operating Income $52,369
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 6, 2015
Closed on
Mar 17, 2015
Sold by
Bought by
Seller's Agent
Christian Walsh
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Christian Walsh
Berkshire Hathaway HomeServices California Properties
List Price
$1,075,000
Sold Price
$1,094,580
Premium/Discount to List
$19,580
1.82%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$646,725
Avg. Annual Appreciation
4.17%
Original Mortgage
$766,000
Outstanding Balance
$572,839
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$1,168,466
Purchase Details
Closed on
Jul 25, 2008
Sold by
Bought by
Purchase Details
Closed on
Aug 10, 1998
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,900
Interest Rate
6.92%
Mortgage Type
Unknown
Purchase Details
Closed on
May 4, 1998
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Costa Mesa, CA
-
Michelle Fairchild
-
Kai Jimenez
Kai Jimenez
SHELL PROPERTIES
(424) 501-2319
11 Total Sales
1 in Downtown Costa Mesa
$2,510,000 Price
-
David George
David George
Compass
(657) 315-1617
80 Total Sales
2 in Downtown Costa Mesa
$1M - $2M Price Range
-
Michael Arguello
Michael Arguello
Vista Pacific Realty
(657) 245-4250
17 Total Sales
2 in Downtown Costa Mesa
$1,255,000 Price Range
-
Rob Brandon
Rob Brandon
JohnHart Real Estate
(949) 751-1335
54 Total Sales
1 in Downtown Costa Mesa
$1,710,000 Price
-
Drew D'Angelo
Drew D'Angelo
Kase Real Estate
(949) 867-6319
75 Total Sales
4 in Downtown Costa Mesa
$1.5M - $4.7M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,095,000 | Equity Title Company | ||
| -- | None Available | ||
| $299,000 | Fidelity National Title Ins | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $766,000 | ||
| Previous Owner | $653,000 | ||
| Previous Owner | $650,000 | ||
| Previous Owner | $221,000 | ||
| Previous Owner | $356,500 | ||
| Previous Owner | $230,000 | ||
| Previous Owner | $29,900 | ||
| Previous Owner | $209,300 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/14/2015 04/14/15 | Sold | $1,094,580 | +1.8% | $1,327 / Sq Ft |
| 03/16/2015 03/16/15 | Pending | -- | -- | -- |
| 03/06/2015 03/06/15 | For Sale | $1,075,000 | -- | $1,303 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $16,982 | $1,341,825 | $1,189,537 | $152,288 |
| 2025 | $16,565 | $1,315,515 | $1,166,213 | $149,302 |
| 2024 | $16,565 | $1,289,721 | $1,143,346 | $146,375 |
| 2023 | $15,993 | $1,264,433 | $1,120,928 | $143,505 |
| 2022 | $15,505 | $1,239,641 | $1,098,949 | $140,692 |
| 2021 | $15,015 | $1,215,335 | $1,077,401 | $137,934 |
| 2020 | $14,814 | $1,202,874 | $1,066,354 | $136,520 |
| 2019 | $14,485 | $1,179,289 | $1,045,445 | $133,844 |
| 2018 | $14,189 | $1,156,166 | $1,024,946 | $131,220 |
| 2017 | $13,962 | $1,133,497 | $1,004,849 | $128,648 |
| 2016 | $13,676 | $1,111,272 | $985,146 | $126,126 |
| 2015 | $6,111 | $390,017 | $240,152 | $149,865 |
| 2014 | -- | $382,378 | $235,448 | $146,930 |
Source: Public Records
Agents Affiliated with this Home
-
Christian Walsh
Seller's Agent in 2015
Christian Walsh
Berkshire Hathaway HomeServices California Properties
(949) 677-3466
3 in this area
69 Total Sales
-
C
Seller Co-Listing Agent in 2015
Chris Iseley
Watts Team Real Estate
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW15047755
APN: 422-131-15
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.
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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