NOT LISTED FOR SALE

862 Magellan St Costa Mesa, CA 92626

Estimated Value: $1,393,768 - $1,534,000

3 Beds
2 Baths
1,269 Sq Ft
$1,152/Sq Ft Est. Value

Last Sold June 16, 2014

Last sale price $610,000 $481 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $8,511/month

About This Home

As of June 2014

Move in and enjoy and this substantially updated 3 bedroom, 2 bath home with new paint inside and out, carpeting, appliances, all windows have been replaced, new recessed lighting, landscape, hardscape and more. Front door enters into a foyer with wood flooring. Kitchen range is on an island that separates the dining area from the kitchen work area. All windows and sliding door are new throughout home! Living room in rear of home has white brick fireplace. All colors are neutral and ready for your personal touch. Carpet in living room and bedrooms while the hardwood flooring is in entryway and hallway. Two car garage has direct access into the kitchen. The yard is spacious and wraps around to a side yard that can possibly hold a trailer,extra storage, or a dog run-lots of possibilities. Situated on a quiet inner tract street in the Mesa Del Mar neighborhood, walk to Tewinkle Park, tennis courts and dog park. OC's best restaurants and shopping are nearby. This home has easy access to freeways for commuting or the beach for fun! All termite work has been completed. Now ready for your viewing!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2014
Closed on
May 30, 2014
Sold by
Brown William D
Bought by
Brown Kristi J
Seller's Agent
June Batista
Berkshire Hathaway HomeService
Buyer's Agent
Carter Weir
Berkshire Hathaway Homeservice
List Price
$599,950
Sold Price
$610,000
Premium/Discount to List
$10,050
1.68%
Current Estimated Value
$1,462,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$852,442
Avg. Annual Appreciation
8.05%
Original Mortgage
$488,000
Outstanding Balance
$370,797
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$1,091,645

Purchase Details

Listed on
Apr 24, 2014
Closed on
May 19, 2014
Sold by
Brown Kristi J and Hansen Russell C
Bought by
Patterson Justin David and Patterson Erin Nicole
Seller's Agent
June Batista
Berkshire Hathaway HomeService
Buyer's Agent
Carter Weir
Berkshire Hathaway Homeservice
List Price
$599,950
Sold Price
$610,000
Premium/Discount to List
$10,050
1.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Outstanding Balance
$370,797
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$1,091,645

Purchase Details

Closed on
Feb 13, 2012
Sold by
Hansen Russell C
Bought by
Hansen Russell C and Hansen Laura A

Purchase Details

Closed on
Jun 13, 2011
Sold by
Hansen Russell C and Brown Kristi J
Bought by
Hansen Russell C and Brown Kristi J

Purchase Details

Closed on
May 5, 2006
Sold by
Hansen Walter J
Bought by
Hansen Walter J and The Hansen Family Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Brown Kristi J -- Fidelity National Title
Patterson Justin David $610,000 Fidelity National Title
Hansen Russell C -- None Available
Hansen Russell C -- None Available
Hansen Russell C -- None Available
Hansen Walter J -- None Available
Hansen Walter J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson Justin David $488,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2014 06/16/14 Sold $610,000 +1.7% $481 / Sq Ft View Prior Sale
05/17/2014 05/17/14 Pending -- -- --
04/24/2014 04/24/14 For Sale $599,950 -- $473 / Sq Ft

Tax History Compared to Growth

Source: Public Records

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 $8,725 $747,770 $653,543 $94,227
2024 $8,725 $733,108 $640,728 $92,380
2023 $8,452 $718,734 $628,165 $90,569
2022 $8,203 $704,642 $615,848 $88,794
2021 $7,981 $690,826 $603,773 $87,053
2020 $7,890 $683,743 $597,582 $86,161
2019 $7,723 $670,337 $585,865 $84,472
2018 $7,569 $657,194 $574,378 $82,816
2017 $7,442 $644,308 $563,115 $81,193
2016 $7,282 $631,675 $552,074 $79,601
2015 $7,213 $622,187 $543,781 $78,406
2014 $1,307 $63,825 $26,674 $37,151
Source: Public Records

Agents Affiliated with this Home

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