M
Seller's Agent in 2019
Michael Sacks
Coldwell Banker Realty
679 Joann St Costa Mesa, CA 92627
Westside Costa Mesa NeighborhoodEstimated Value: $1,352,000 - $1,561,154
4
Beds
2
Baths
1,850
Sq Ft
$767/Sq Ft
Est. Value
About This Home
As of May 2019This property is in a residential neighborhood with single-family homes and other multifamily projects. Tenants enjoy Two-Bedroom, One-Bathroom units with private yards and private single-car garages. The project proves to have tremendous upside as the apartments interiors condition is dated. Renters in this area are clearly happy here per the history of long-term tenancy this project offers. This single-story building is simple to operate and the area continues to improve, providing the new owner with the fundamentals for a successful investment. Located within close proximity are schools, shopping centers & entertainment establishments, along with a variety commercial spaces making for a fantastic location in terms of opportunities for employment.
Last Agent to Sell the Property
Michael Sacks
Coldwell Banker Realty License #01945984 Listed on: 03/14/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,757
Year Built
- Built in 1960
Lot Details
- 7,736 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
- Parking Available
- Driveway
Home Design
- 1,850 Sq Ft Home
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Additional Features
- Laundry Room
- Rain Gutters
Listing and Financial Details
- Tax Lot 9
- Tax Tract Number 15039
- Assessor Parcel Number 42215204
Community Details
Overview
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- New Taxes Expense $9,693
- Operating Expense $13,751
- Gross Income $30,120
- Net Operating Income $15,466
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 14, 2019
Closed on
Apr 16, 2019
Sold by
Pierce Michael M
Bought by
Cacho Roger and Cacho Cristobal
Seller's Agent
Michael Sacks
Coldwell Banker Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%
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
$618,789
Avg. Annual Appreciation
9.99%
Original Mortgage
$640,000
Interest Rate
4.2%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 14, 2019
Closed on
Apr 15, 2019
Sold by
Cacho Maria Cruz
Bought by
Cacho Cristobal
Seller's Agent
Michael Sacks
Coldwell Banker Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
4.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 11, 1998
Sold by
Pierce Rhea I
Bought by
Pierce Michael M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.66%
Mortgage Type
Seller Take Back
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cacho Roger | $800,000 | Chicago Title Company Com | |
| Cacho Cristobal | -- | Chicago Title Co | |
| Pierce Michael M | $135,000 | American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cacho Roger | $606,000 | |
| Closed | Cacho Roger | $640,000 | |
| Previous Owner | Pierce Michael M | $300,000 | |
| Previous Owner | Pierce Michael M | $100,000 | |
| Previous Owner | Pierce Michael M | $167,000 | |
| Previous Owner | Pierce Michael M | $50,000 | |
| Previous Owner | Pierce Michael M | $110,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/07/2019 05/07/19 | Sold | $800,000 | -3.0% | $432 / Sq Ft |
| 03/24/2019 03/24/19 | Pending | -- | -- | -- |
| 03/14/2019 03/14/19 | For Sale | $825,000 | -- | $446 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,757 | $892,413 | $784,585 | $107,828 |
| 2024 | $10,757 | $874,915 | $769,201 | $105,714 |
| 2023 | $10,405 | $857,760 | $754,118 | $103,642 |
| 2022 | $10,102 | $840,942 | $739,332 | $101,610 |
| 2021 | $9,799 | $824,453 | $724,835 | $99,618 |
| 2020 | $9,677 | $816,000 | $717,403 | $98,597 |
| 2019 | $4,083 | $288,090 | $176,987 | $111,103 |
| 2018 | $3,998 | $282,442 | $173,517 | $108,925 |
| 2017 | $3,939 | $276,904 | $170,114 | $106,790 |
| 2016 | $3,866 | $271,475 | $166,778 | $104,697 |
| 2015 | $3,829 | $267,398 | $164,273 | $103,125 |
| 2014 | $3,751 | $262,161 | $161,056 | $101,105 |
Source: Public Records
Agents Affiliated with this Home
-
-
NoEmail NoEmail
N
Buyer's Agent in 2019
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
8 in this area
5,848 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW19057211
APN: 422-152-04
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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