Seller's Agent in 2021
Tony Morrison
Lantern Bay Realty
(949) 254-4044
1 in this area
42 Total Sales
713 W Wilson St Costa Mesa, CA 92627
Westside Costa Mesa NeighborhoodEstimated Value: $1,212,000 - $2,326,000
4
Beds
3
Baths
3,500
Sq Ft
$501/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Open Floorplan
- Wood Flooring
- Two Primary Bedrooms
- Mountain View
- Granite Countertops
About This Home
As of October 2021West Side Costa Mesa investment or redevelopment opportunity - 2 upgraded and updated single family detached homes on one lot. Both units are approximately 1750 sq. ft., both have 4 beds 3 full baths on an R2 medium density 11,700 sq. ft. lot. Front unit has been repainted, newer stainless steel appliances with granite counters in kitchen, baths are good condition with tiled and wood flooring, dual paned windows, and a 3 car attached garage. Rear unit was completely updated and upgraded with new laminate wood floors, all new remodeled bathrooms, new neutral paint, dual paned windows, and 3 reserved parking spaces. Long driveway for plenty of parking. Upgraded 100 Amp electric meter, copper plumbing in both homes. 2 separate addresses & all separate utility meters including 2 water meters. Great location & close to beach/ocean, Costa Mesa Country Club, medical facilities, schools, local eateries, and parks. Easy access to 55, 73, & 405 freeways. Zoned R2 Medium Density with potential to build 3rd unit or redevelopment, please check with City of Costa mesa. Current tenant is on a month to month paying $8800 per month for both homes, current cap rate is 4.67%
Last Agent to Sell the Property
Lantern Bay Realty License #01346460 Listed on: 06/18/2021
Last Buyer's Agent
Tim Brooks
Tim Brooks, Broker License #01440660
Home Details
Home Type
- Single Family
Year Built
- Built in 1956 | Remodeled
Lot Details
- 0.27 Acre Lot
- Wood Fence
- Level Lot
- Private Yard
- Back Yard
- Property is zoned R2
Parking
- 3 Open Parking Spaces
- 3 Car Garage
- Parking Available
- Shared Driveway
- Assigned Parking
Property Views
- Mountain
- Neighborhood
Home Design
- Turnkey
- Additions or Alterations
- Stucco
Interior Spaces
- 3,500 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Recessed Lighting
- Double Pane Windows
- Living Room
Kitchen
- Gas Oven
- Gas Cooktop
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Double Master Bedroom
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Laundry in Kitchen
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Wall Furnace
- Natural Gas Connected
- Gas Water Heater
- Phone Available
- Cable TV Available
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 45
- Tax Tract Number 247
- Assessor Parcel Number 42217504
Community Details
Overview
- No Home Owners Association
- 2 Units
Recreation
- Golf Course Community
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 6, 2023
Sold by
Brooks Tim and Brooks Caroline
Bought by
Brooks Family Trust and Brooks
Current Estimated Value
Purchase Details
Listed on
Jun 18, 2021
Closed on
Oct 6, 2021
Sold by
Satnam Investments Llc
Bought by
Brooks Tim and Brooks Caroline
Seller's Agent
Tony Morrison
Lantern Bay Realty
Buyer's Agent
Tim Brooks
Tim Brooks, Broker
List Price
$1,799,000
Sold Price
$1,710,000
Premium/Discount to List
-$89,000
-4.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.55%
Original Mortgage
$1,368,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 14, 2017
Sold by
713 West Wilson Llc
Bought by
Satnam Investments Llc
Purchase Details
Listed on
Aug 26, 2016
Closed on
Feb 24, 2017
Sold by
Phan Chuong Doan
Bought by
713 West Wilson Llc
Seller's Agent
Wayne Yau
Landmark Realty Group
Buyer's Agent
Tony Morrison
Lantern Bay Realty
List Price
$990,000
Sold Price
$985,000
Premium/Discount to List
-$5,000
-0.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%
Original Mortgage
$689,500
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
May 20, 2005
Sold by
Phan Chuong Doan and Tran Nga Thuy
Bought by
Phan Chuong Doan
Purchase Details
Closed on
Apr 4, 2003
Sold by
Phan Chuong Doan and Tran Nga Thuy
Bought by
Phan Chuong Doan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.07%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brooks Family Trust | -- | None Listed On Document | |
| Brooks Tim | $1,710,000 | Provident Title Company | |
| Satnam Investments Llc | $1,460,000 | Corinthian Title Co | |
| 713 West Wilson Llc | $985,000 | Fidelity National Title Oran | |
| Phan Chuong Doan | -- | -- | |
| Phan Chuong Doan | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Brooks Tim | $1,368,000 | |
| Previous Owner | 713 West Wilson Llc | $689,500 | |
| Previous Owner | Phan Chuong Doan | $170,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/08/2021 10/08/21 | Sold | $1,710,000 | -4.9% | $489 / Sq Ft | |
| 07/11/2021 07/11/21 | Pending | -- | -- | -- | |
| 06/18/2021 06/18/21 | For Sale | $1,799,000 | +82.6% | $514 / Sq Ft | |
| 03/22/2017 03/22/17 | Sold | $985,000 | -0.5% | $355 / Sq Ft | View Prior Sale |
| 12/01/2016 12/01/16 | Price Changed | $990,000 | 0.0% | $356 / Sq Ft | |
| 12/01/2016 12/01/16 | For Sale | $990,000 | +0.5% | $356 / Sq Ft | |
| 10/29/2016 10/29/16 | Off Market | $985,000 | -- | -- | |
| 10/06/2016 10/06/16 | Price Changed | $1,005,000 | +0.5% | $362 / Sq Ft | |
| 10/06/2016 10/06/16 | Price Changed | $1,000,000 | +2.6% | $360 / Sq Ft | |
| 08/26/2016 08/26/16 | For Sale | $975,000 | -- | $351 / 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 | $20,443 | $1,814,665 | $1,563,665 | $251,000 |
| 2024 | $20,443 | $1,779,084 | $1,533,005 | $246,079 |
| 2023 | $19,829 | $1,744,200 | $1,502,946 | $241,254 |
| 2022 | $19,292 | $1,710,000 | $1,473,476 | $236,524 |
| 2021 | $17,272 | $1,534,720 | $1,311,232 | $223,488 |
| 2020 | $17,078 | $1,518,984 | $1,297,787 | $221,197 |
| 2019 | $16,710 | $1,489,200 | $1,272,340 | $216,860 |
| 2018 | $16,373 | $1,460,000 | $1,247,392 | $212,608 |
| 2017 | $5,423 | $424,831 | $205,461 | $219,370 |
| 2016 | $5,314 | $416,501 | $201,432 | $215,069 |
| 2015 | $5,263 | $410,245 | $198,406 | $211,839 |
| 2014 | $5,150 | $402,209 | $194,519 | $207,690 |
Source: Public Records
Agents Affiliated with this Home
-
Tony Morrison
-
T
Buyer's Agent in 2021
Tim Brooks
Tim Brooks, Broker
-
Wayne Yau
Seller's Agent in 2017
Wayne Yau
Landmark Realty Group
(714) 920-3399
16 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21133132
APN: 422-175-04
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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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