$1,500,000
SOLD OCT 16, 2024
6 Beds
4 Baths
3,100 Sq Ft
7,955 Sq Ft Lot

Recently Sold

$484 Per Sq Ft

12% Below List Price

29 Days on Market

Highlights

  • Heated Spa
  • RV Access or Parking
  • Property is near a park
  • Victoria Elementary School Rated A-
  • Midcentury Modern Architecture
  • Secluded Lot

About This Home

As of October 2024

This turnkey single-story, four-bedroom home in Costa Mesa is situated on a serene, tree-lined street where no detail has been overlooked. This is an INCREDIBLE rental opportunity with a beautiful main house and a recently converted garage in the back that has been turned into a stunning 2-bedroom unit. ( Est. 1100 sf )The kitchen features beautiful granite countertops, black stainless steel appliances with custom maple soft close cabinets and inlaid tile floors that add a touch of elegance. The kitchen is equipped with a large farmhouse sink, adding a touch of rustic charm and functionality. Multiple custom ceiling fans throughout. This home features four spacious bedrooms, three of which have their own ensuite bathrooms and ample closet space. Enjoy the comfort and energy efficiency provided by dual pane windows throughout the house. Very private, includes remote gates as well as newer security screens. The property is conveniently located close to beautiful parks and is a short drive to the beach. This property includes two nicely sized driveways, and one carport, perfect for parking your RV or boat. The backyard is nicely landscaped with grass and a garden, providing a peaceful retreat. The beautifully done two-bedroom unit converted from what was previously the garage, with a kitchenette, living room, and bathroom that comes with most permits. This unique home with income potential is one you won't want to miss.

Last Agent to Sell the Property

Teresa Tucciarone

Compass Brokerage Phone: 714-906-4386 License #01899654 Listed on: 07/23/2024

Compass

Co-Listed By

Jody Clegg

Compass Brokerage Phone: 714-906-4386 License #01230876

Last Buyer's Agent

Teresa Tucciarone

Compass Brokerage Phone: 714-906-4386 License #01899654 Listed on: 07/23/2024

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,234

Year Built

  • Built in 1954 | Remodeled

Lot Details

  • 7,955 Sq Ft Lot
  • Security Fence
  • Wrought Iron Fence
  • Block Wall Fence
  • Landscaped
  • Secluded Lot
  • Sprinkler System
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard
  • On-Hand Building Permits
  • Property is zoned R1

Home Design

  • Midcentury Modern Architecture
  • Turnkey
  • Additions or Alterations
  • Major Repairs Completed
  • Brick Exterior Construction
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 3,100 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Beamed Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Awning
  • Custom Window Coverings
  • Blinds
  • Double Door Entry
  • French Doors
  • Family Room
  • Living Room
  • Storage
  • Tile Flooring

Kitchen

  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Dressing Area
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 9 Car Garage
  • 8 Open Parking Spaces
  • 1 Carport Space
  • Parking Storage or Cabinetry
  • Parking Available
  • Private Parking
  • Tandem Uncovered Parking
  • Driveway
  • RV Access or Parking
  • Controlled Entrance

Pool

  • Heated Spa
  • Above Ground Spa
  • Fiberglass Spa

Outdoor Features

  • Exterior Lighting
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Tankless Water Heater

Additional Features

  • Energy-Efficient Lighting
  • Property is near a park

Community Details

  • No Home Owners Association
  • 2 Units
  • Freedom Homes Subdivision

Listing and Financial Details

  • Tax Lot 40
  • Tax Tract Number 1872
  • Assessor Parcel Number 42242412
  • $919 per year additional tax assessments
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,234

Year Built

Built in 1954 | Remodeled

Lot Details

0

Listing Details

  • Assessments: No
  • Other Phone Description: 714-906-4386
  • Price Per Unit: 750000
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s)
  • Subdivision Name Other: Freedom Homes (FREE)
  • View: No
  • Zoning: R1
  • Architectural Style: Mid Century Modern
  • Property Condition: Additions/Alterations, Building Permit, Repairs Major, Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 42242412
  • Year Built: 1954
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Beamed Ceilings, Built-in Features, Ceiling Fan(s), Chair Railings, Crown Molding, Granite Counters, Pantry, Quartz Counters, Recessed Lighting, Stone Counters, Storage, Unfurnished
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Door Features: Double Door Entry, French Doors
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 483.87
  • Room Type: All Bedrooms Down, Dressing Area, Entry, Family Room, Formal Entry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Walk-In Closet
  • Spa Features: Private, Above Ground, Fiberglass, Heated
  • Window Features: Blinds, Custom Covering, Drapes

Exterior Features

  • Foundation: Slab
  • Other Structures: Shed(s), Storage
  • Exterior Features: Awning(s), Lighting
  • Fence: Yes
  • Fencing: Block, Privacy, Security, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Block, Brick, Concrete, Drywall Walls, Glass, Stucco

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Controlled Entrance, Driveway, Concrete, Oversized, Private, RV Access/Parking, RV Potential, Tandem Uncovered
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 8.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Vented Exhaust Fan
  • Electric: Standard
  • Heating Type: Forced Air
  • Laundry Features: Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Green Features

  • Efficiency: Lighting

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Landscaped, Lawn, Lot 6500-9999, Park Nearby, Secluded, Sprinkler System, Yard
  • Lot Size Sq Ft: 7955.00
  • Lot Size Acres: 0.1826

Rental Info

  • Tenant Pays: Other

Multi Family

  • Lot Size Area: 7955.0000 Square Feet
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 638.03
  • Tax Lot: 40
  • Tax Tract Number: 1872
  • TaxOtherAnnualAssessmentAmount: 919.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2024
Closed on
Sep 10, 2024
Sold by
Buschbaum Cynthia and Buschbaum Scott
Bought by
Buschbaum Scott
Seller's Agent
Teresa Tucciarone
Compass
Buyer's Agent
Teresa Tucciarone
Compass
List Price
$1,695,000
Sold Price
$1,500,000
Premium/Discount to List
-$195,000
-11.5%
Views
15
Current Estimated Value
$1,655,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,265
Avg. Annual Appreciation
12.60%
Original Mortgage
$700,000
Outstanding Balance
$692,641
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$962,624

Purchase Details

Listed on
Jul 23, 2024
Closed on
Sep 6, 2024
Sold by
Buschbaum Scott
Bought by
Urbina Andres D and Mardoian Melissa Carli
Seller's Agent
Teresa Tucciarone
Compass
Buyer's Agent
Teresa Tucciarone
Compass
List Price
$1,695,000
Sold Price
$1,500,000
Premium/Discount to List
-$195,000
-11.5%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$692,641
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$962,624

Purchase Details

Closed on
Jul 5, 2008
Sold by
Buschbaum Scott A
Bought by
Buschbaum Scott and Buschbaum Cynthia

Purchase Details

Closed on
Jun 21, 2007
Sold by
Menne David J and Menne Karen S
Bought by
Buschbaum Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
6.51%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 29, 2004
Sold by
Menne David J and Menne Karen S
Bought by
Menne David J and Menne Karen S

Purchase Details

Closed on
Oct 14, 2003
Sold by
Menne David J and Menne Karen
Bought by
Menne David J and Menne Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- First American Title Company
Grant Deed $1,500,000 First American Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $630,000 Lsi Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $700,000 New Conventional
Previous Owner $94,500 Stand Alone Second
Previous Owner $504,000 New Conventional
Previous Owner $193,000 Credit Line Revolving
Previous Owner $330,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2024 10/16/24 Sold $1,500,000 0.0% $484 / Sq Ft
10/16/2024 10/16/24 Sold $1,500,000 0.0% $484 / Sq Ft
08/21/2024 08/21/24 Pending -- -- --
08/21/2024 08/21/24 Pending -- -- --
08/12/2024 08/12/24 Price Changed $1,500,000 0.0% $484 / Sq Ft
08/12/2024 08/12/24 Price Changed $1,500,000 -11.5% $484 / Sq Ft
07/23/2024 07/23/24 For Sale $1,695,000 0.0% $547 / Sq Ft
07/10/2024 07/10/24 For Sale $1,695,000 -- $547 / 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
2025 $10,234 $1,500,000 $1,352,214 $147,786
2024 $10,234 $876,385 $729,170 $147,215
2023 $9,926 $859,201 $714,872 $144,329
2022 $9,521 $829,871 $700,855 $129,016
2021 $9,140 $800,846 $687,113 $113,733
2020 $8,660 $756,655 $680,068 $76,587
2019 $8,476 $741,819 $666,733 $75,086
2018 $8,010 $699,000 $628,278 $70,722
2017 $8,019 $699,000 $628,278 $70,722
2016 $7,990 $699,000 $628,278 $70,722
2015 $6,938 $596,000 $532,227 $63,773
2014 $5,820 $492,954 $429,181 $63,773
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24151060

California Regional Multiple Listing Service (CRMLS)

APN: 422-424-12