Selene Hanna
Alt Financial Network Inc
(657) 300-4351
43 Total Sales
2 in Westside Costa Mesa
$865,000 Price Range
796 Shalimar Dr Costa Mesa, CA 92627
Westside Costa Mesa Neighborhood
8
Beds
4
Baths
3,400
Sq Ft
6,970
Sq Ft Lot
Highlights
- Granite Countertops
- No HOA
- Living Room
- Horace Ensign Intermediate School Rated A
- Bay Window
- 4 Detached Carport Spaces
About This Home
As of December 2015Fully occupied 4 unit Costa Mesa investment property. The well maintained units have half repiped copper plumbing, modern wiring, major wood replacement done in 2003 & 2007, new tankless water heaters, granite counters in 2 units, newer partial roof replaced in 2007, bay window, bathroom exhaust fans, utility/community laundry room available but not currently used, flagstone encased front door entry to each unit plus so much more. Each unit is 2 bedrooms and 1 bathroom and either an open or enclosed patio. Proforma rents of $1600+ are found in the neighborhood bringing the Gross Scheduled Income to $76,800. Rents were not increased at all this year. Owner pays no gas expense. Low maintenance costs and reliable tenants.
Last Agent to Sell the Property
Seven Gables Real Estate License #01413282 Listed on: 09/08/2015
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 6,970 Sq Ft Lot
- No Common Walls
- Wood Fence
- Level Lot
- Density is 2-5 Units/Acre
Home Design
- Composition Roof
- Partial Copper Plumbing
- Stucco
Interior Spaces
- 3,400 Sq Ft Home
- 2-Story Property
- Bay Window
- Living Room
- Washer and Gas Dryer Hookup
Kitchen
- Built-In Range
- Granite Countertops
- Tile Countertops
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Parking
- 10 Parking Spaces
- 4 Detached Carport Spaces
- Parking Available
Utilities
- Wall Furnace
Listing and Financial Details
- Tenant pays for cable TV, gas, repairs
- Tax Lot 1
- Tax Tract Number 3517
- Assessor Parcel Number 42405117
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $360
- Gardener Expense $1,200
- Insurance Expense $540
- Trash Expense $3,400
- Water Sewer Expense $2,600
- New Taxes Expense $2,400
- Gross Income $6,000
- Net Operating Income $63,900
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
Closed on
Apr 30, 2020
Sold by
Bought by
Purchase Details
Listed on
Sep 8, 2015
Closed on
Nov 3, 2015
Sold by
Bought by
Seller's Agent
Robert Van Der Goes
Seven Gables Real Estate
Buyer's Agent
Andrew Nguyen
Andrew Nguyen, Broker
List Price
$990,000
Sold Price
$950,000
Premium/Discount to List
-$40,000
-4.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
3.71%
Mortgage Type
New Conventional
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Westside Costa Mesa, CA
-
Selene Hanna
-
Paul Daftarian
Paul Daftarian
Luxe Real Estate
(657) 385-8384
246 Total Sales
2 in Westside Costa Mesa
$1,131,000 Price Range
-
Mark Lear
Mark Lear
WERE Real Estate Inc
(657) 223-8121
353 Total Sales
2 in Westside Costa Mesa
$1.2M - $1.6M Price Range
-
Brian Liberto
Brian Liberto
The Agency
(657) 286-7195
27 Total Sales
1 in Westside Costa Mesa
$756,000 Price
-
Drew Teicheira
Drew Teicheira
Harcourts Place
(877) 672-0775
91 Total Sales
6 in Westside Costa Mesa
$1.2M - $1.7M Price Range
-
Aldon Lai
Aldon Lai
High Ten Partners, Inc.
(626) 618-9134
16 Total Sales
1 in Westside Costa Mesa
$1,050,000 Price
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 |
|---|---|---|---|
| -- | None Available | ||
| $950,000 | First American Title Company |
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 |
|---|---|---|---|
| Previous Owner | $712,500 | ||
| Previous Owner | $408,000 | ||
| Previous Owner | $417,000 | ||
| Previous Owner | $100,000 | ||
| Previous Owner | $300,000 | ||
| Previous Owner | $28,125 |
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 |
|---|---|---|---|---|
| 12/14/2015 12/14/15 | Sold | $950,000 | -4.0% | $279 / Sq Ft |
| 11/14/2015 11/14/15 | Pending | -- | -- | -- |
| 09/08/2015 09/08/15 | For Sale | $990,000 | -- | $291 / 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 | $13,768 | $1,147,096 | $1,047,332 | $99,764 |
| 2025 | $13,465 | $1,124,604 | $1,026,796 | $97,808 |
| 2024 | $13,465 | $1,102,553 | $1,006,662 | $95,891 |
| 2023 | $13,059 | $1,080,935 | $986,924 | $94,011 |
| 2022 | $12,585 | $1,059,741 | $967,573 | $92,168 |
| 2021 | $12,143 | $1,038,962 | $948,601 | $90,361 |
| 2020 | $12,027 | $1,028,309 | $938,874 | $89,435 |
| 2019 | $11,799 | $1,008,147 | $920,465 | $87,682 |
| 2018 | $11,575 | $988,380 | $902,417 | $85,963 |
| 2017 | $11,378 | $969,000 | $884,722 | $84,278 |
| 2016 | $11,131 | $950,000 | $867,374 | $82,626 |
| 2015 | $2,536 | $132,122 | $47,560 | $84,562 |
| 2014 | $2,480 | $129,534 | $46,628 | $82,906 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Van Der Goes
Seller's Agent in 2015
Robert Van Der Goes
Seven Gables Real Estate
(714) 305-2050
1 in this area
112 Total Sales
-
Andrew Nguyen
A
Buyer's Agent in 2015
Andrew Nguyen
Andrew Nguyen, Broker
(310) 678-0609
19 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC15200172
APN: 424-051-17
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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