NOT LISTED FOR SALE

Estimated Value: $1,350,557

4 Beds
2 Baths
2,500 Sq Ft
$540/Sq Ft Est. Value

Last Sold July 24, 2015

Last sale price $695,000 $278 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $8,011/month

9 Days on Market

About This Home

As of July 2015

Here's a great opportunity, centrally located in the heart of Costa Mesa! This property features flexible living space with multiple bedrooms and bathrooms. New carpet and paint! Part of the home is currently being rented to a print shop, which may be converted back to living space or kept for income purpose - new buyer decides! The city says either way is "OK". This large lot offers plenty of parking and storage space. A perfect place to store recreational vehicles, tools or other hobbyist items. Fabulous rental or owner occupied home. Motivated seller!

Last Agent to Sell the Property

Brandon Locascio

The Brokerage International License #01813526 Listed on: 06/03/2015

Co-Listed By

Annette Harper

Douglas Elliman Of California License #01197125

Last Buyer's Agent

Paul Dolkas

Berkshire Hathaway HomeService License #00765499

Berkshire Hathaway HomeService

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,116

Year Built

  • Built in 1985

Lot Details

  • 7,405 Sq Ft Lot
  • No Common Walls

Parking

  • 10 Car Garage

Home Design

  • 2,500 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 42251224

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,116

Year Built

Built in 1985

Lot Details

0

Parking

10

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Property Type: Residential Income
  • Parcel Number: 42251224
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 278.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 10.00
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Lot Size Area: 7405.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Other Income Description: Please see agent's remarks
  • Rent Control: No

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2015
Closed on
Jun 16, 2015
Sold by
Bunasawa Debra Jeanne and Dorchester Joy B
Bought by
Wig Llc
Seller's Agent
Brandon Locascio
The Brokerage International
Buyer's Agent
Paul Dolkas
Berkshire Hathaway HomeService
List Price
$695,000
Sold Price
$695,000
Total Days on Market
9
Current Estimated Value
$1,350,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$655,557
Avg. Annual Appreciation
6.98%
Original Mortgage
$588,000
Interest Rate
4.01%
Mortgage Type
Commercial

Purchase Details

Closed on
May 22, 2015
Sold by
Bunasawa Noriaki and Bunasawa Debra Jeanne
Bought by
Bunasawa Debra Jeanne and Dorchester Joy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
4.01%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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
Wig Llc $695,000 Equity Title Company
Bunasawa Debra Jeanne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wig Llc $515,000
Closed Wig Llc $588,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2015 07/24/15 Sold $695,000 0.0% $278 / Sq Ft
07/24/2015 07/24/15 Sold $695,000 0.0% $278 / Sq Ft
06/12/2015 06/12/15 Pending -- -- --
06/12/2015 06/12/15 Pending -- -- --
06/03/2015 06/03/15 For Sale $695,000 0.0% $278 / Sq Ft
03/26/2015 03/26/15 For Sale $695,000 0.0% $278 / Sq Ft
03/06/2015 03/06/15 Pending -- -- --
02/25/2015 02/25/15 For Sale $695,000 -- $278 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $10,116 $865,318 $609,310 $256,008
2023 $9,811 $848,351 $597,362 $250,989
2022 $9,539 $831,717 $585,649 $246,068
2021 $9,292 $815,409 $574,165 $241,244
2020 $9,189 $807,048 $568,277 $238,771
2019 $8,995 $791,224 $557,134 $234,090
2018 $8,815 $775,710 $546,210 $229,500
2017 $8,666 $760,500 $535,500 $225,000
2016 $8,079 $695,000 $525,000 $170,000
2015 $3,068 $217,216 $105,314 $111,902
2014 $3,003 $212,962 $103,252 $109,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15118896

California Regional Multiple Listing Service (CRMLS)

APN: 422-512-24