NOT LISTED FOR SALE

Estimated Value: $1,227,000 - $1,712,000

5 Beds
3 Baths
2,000 Sq Ft
$769/Sq Ft Est. Value

Last Sold March 10, 2015

Last sale price $813,000 $406 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $8,868/month

13 Days on Market

Highlights

  • Traditional Architecture
  • Recessed Lighting
  • Tile Flooring
  • Horace Ensign Intermediate School Rated A
  • Laundry Room
  • 3-minute walk to Lions Park

About This Home

As of March 2015

Beautiful Costa Mesa offers an excellent investment opportunity with this permitted duplex with each unit separate, allowing for privacy. Live in the front and rent the back or rent both. With fresh paint, new wood laminate flooring, plush new carpet in the bedrooms, new lighting and fixtures, both units are move in ready. The front unit has 3 bedrooms and 1 bathroom, living room with fireplace, kitchen with dining area, laundry room, and wood deck in the fenced and private front yard. The front unit kitchen has new white cabinets, black quartz counters, new hardware, and new stainless steel appliances. There is a rear patio, 3-car garage with 1/2 bath & storage area permitted. The back unit has 2 bedrooms, 2 bathrooms, living room with fireplace, dining area, kitchen with stainless steel appliances, and a small balcony off the kitchen. Walking distance from Lions Park with playground and sports fields, from Newport Blvd. with shopping, dining, entertainment, and just blocks from the beach.

Last Agent to Sell the Property

Polly Watts

Shelter Club Realty, Inc. License #00895696 Listed on: 01/08/2015

Last Buyer's Agent

Julie Mandell

Berkshire Hathaway HomeService License #01920601

Berkshire Hathaway HomeService

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 7,405 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Front Yard Sprinklers

Parking

  • 3 Car Garage

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,000 Sq Ft Home
  • Recessed Lighting
  • Living Room with Fireplace

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Laundry in Kitchen

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 1148
  • Assessor Parcel Number 42424122

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 2 Separate Gas Meters
  • 3 Separate Water Meters
  • Gross Income $3,950

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

7,405 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 42424122
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Recessed Lighting, Unfurnished
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 406.50
  • Room Type: Living Room

Exterior Features

  • Foundation: Slab, Raised
  • Fencing: Wood, Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage, In Kitchen
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Sprinklers In Front
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Gross Income: 3950.00
  • Gross Scheduled Income: 47400.00
  • Lot Size Area: 7405.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 1148
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2015
Sold by
Kleinhenz Edward J
Bought by
Kleinhenz Edward J
Current Estimated Value
$1,537,865

Purchase Details

Listed on
Jan 8, 2015
Closed on
Mar 3, 2015
Sold by
West Ridge Rentals Llc
Bought by
Kleinhenz Edward J and Foley Maureen M
Seller's Agent
Polly Watts
Shelter Club Realty, Inc.
Buyer's Agent
Julie Mandell
Berkshire Hathaway HomeService
List Price
$800,000
Sold Price
$813,000
Premium/Discount to List
$13,000
1.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$413,000
Outstanding Balance
$315,027
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$1,222,838

Purchase Details

Closed on
Apr 7, 2014
Sold by
Moen Douglas E
Bought by
West Ridge Rentals Llc

Purchase Details

Closed on
Nov 22, 2004
Sold by
Moen Douglas E
Bought by
Moen Paul L and Moen Douglas E

Purchase Details

Closed on
Apr 23, 2004
Sold by
Bulger Angelita D
Bought by
Bulger Patrick O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2004
Sold by
Bulger Patrick O
Bought by
Moen Douglas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
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
Kleinhenz Edward J -- None Available
Kleinhenz Edward J $813,000 Title365
West Ridge Rentals Llc $576,000 Accommodation
Moen Paul L -- --
Bulger Patrick O -- Alliance Title Company
Moen Douglas E $650,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kleinhenz Edward J $413,000
Previous Owner Moen Douglas E $500,000
Closed Moen Douglas E $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2015 03/10/15 Sold $813,000 +1.6% $407 / Sq Ft
01/21/2015 01/21/15 Pending -- -- --
01/08/2015 01/08/15 For Sale $800,000 -- $400 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,643 $977,098 $804,510 $172,588
2024 $11,643 $957,940 $788,736 $169,204
2023 $11,251 $939,157 $773,270 $165,887
2022 $10,892 $920,743 $758,108 $162,635
2021 $10,548 $902,690 $743,243 $159,447
2020 $10,418 $893,435 $735,622 $157,813
2019 $10,189 $875,917 $721,198 $154,719
2018 $9,981 $858,743 $707,057 $151,686
2017 $9,814 $841,905 $693,193 $148,712
2016 $9,606 $825,398 $679,601 $145,797
2015 $8,544 $713,986 $567,510 $146,476
2014 $8,847 $753,888 $593,560 $160,328
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15004530

California Regional Multiple Listing Service (CRMLS)

APN: 424-241-22

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