NOT LISTED FOR SALE

947 Tesla Ln Costa Mesa, CA 92626

Estimated Value: $1,483,000 - $1,733,000

4 Beds
3 Baths
2,453 Sq Ft
$661/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $1,400,000 $571 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $10,122/month

8 Days on Market

Highlights

  • Main Floor Bedroom
  • Loft
  • Home Office
  • Costa Mesa High School Rated A-
  • Quartz Countertops
  • Open to Family Room

About This Home

As of November 2022

Designed and crafted by DeNova Homes in Elara community, this stunning two-story luxury home is a new collection of upscale homes designed to reflect Costa Mesa’s casual coastal lifestyle. The sophisticated and charming exterior gives way to expansive interiors, where contemporary finishes abound throughout each living space. State of the art gourmet kitchen comes with high-end Bertazzoni appliances while master suite enjoys extensive walk-in closet space and spa-like master bath with oversize shower. Constructed in 2019, this home comes with 2,453 square feet of living space with a guest bedroom downstairs and additional three spacious bedrooms upstairs. Upstairs has a spacious loft with a large home office. Added features on this home include custom paint, custom wall panels, designer’s kitchen upgrade package, luxury vinyl flooring throughout, water softener & reverse osmosis system, aluminum covered patio with stone pavers, commercial epoxy garage floor coating, and high-end glass wall for home office. Quick access to highway 405, 73, and 55. Close to The Camp, The LAB, South Coast Plaza and best dining in Costa Mesa. Enjoy coastal breeze in private, soothing, and relaxing backyard any moment during day and night. This home is a detached home in a condominium project and is listed as a "site condo" on title.

Last Agent to Sell the Property

KENNY LE

HP REALTY AND HP FUNDING License #01884409 Listed on: 09/25/2022

Last Buyer's Agent

Sabrina Alvarado

Compass License #02133538

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,289

Year Built

  • Built in 2019

Lot Details

  • 2,890 Sq Ft Lot
  • Cul-De-Sac
  • Drip System Landscaping
  • Front and Back Yard Sprinklers
  • Back Yard

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,453 Sq Ft Home
  • Ceiling Fan
  • Entryway
  • Family Room Off Kitchen
  • Home Office
  • Loft
  • Vinyl Flooring

Kitchen

  • Open to Family Room
  • Gas Oven
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Multiple Shower Heads
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Exterior Lighting

Schools

  • Costa Mesa Middle School
  • Costa Mesa High School

Utilities

  • Central Air
  • Tankless Water Heater
  • Water Softener

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 17980
  • Assessor Parcel Number 93207438
  • $708 per year additional tax assessments

Community Details

Overview

  • Front Yard Maintenance
  • Elara Association, Phone Number (949) 833-2100
  • Keystone Pacific HOA

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,289

Year Built

Built in 2019

Lot Details

0

HOA Fees

$165 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Mesa Del Mar
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 93207438
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2453.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 570.73
  • Room Type: Entry, Family Room, Kitchen, Laundry, Loft, Main Floor Bedroom, Master Bathroom, Master Bedroom, Office, Walk-In Closet
  • Bathroom Features: Shower, Double Sinks In Bath(s), Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Main Floor Full Bath, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Gas Oven, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Water Line to Refrigerator, Water Softener
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Playground, Maintenance Front Yard
  • Association Fee: 165.00
  • Association Fee Frequency: Monthly
  • Association Name: Elara
  • Phone: 949-833-2100
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Park, Street Lights
  • Association Management: Keystone Pacific

Schools

  • School District: Newport Mesa Unified
  • Middle School: Costa Mesa
  • High School: Costa Mesa
  • High School: Costa Mesa
  • Middle Or Junior School: Costa Mesa
  • High School2: COSMES

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Landscaped, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 2890.00
  • Lot Size Acres: 0.0663

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2890.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 639.03
  • Tax Lot: 1
  • Tax Tract Number: 17980
  • TaxOtherAnnualAssessmentAmount: 708.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2022
Closed on
Nov 26, 2022
Sold by
Le Kenny V and Le Kathy L
Bought by
Howard Cortney Morgan and Cai Catherine Ting
Seller's Agent
KENNY LE
HP REALTY AND HP FUNDING
Buyer's Agent
Sabrina Alvarado
Compass
List Price
$1,490,000
Sold Price
$1,400,000
Premium/Discount to List
-$90,000
-6.04%
Views
11
Current Estimated Value
$1,622,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,074
Avg. Annual Appreciation
5.28%
Original Mortgage
$1,064,700
Outstanding Balance
$1,032,751
Interest Rate
6.95%
Mortgage Type
VA
Estimated Equity
$589,323

Purchase Details

Closed on
Dec 12, 2019
Sold by
Socal Baker Llc
Bought by
Le Kenny V and Nguyen Kathy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$738,400
Interest Rate
3.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Howard Cortney Morgan $1,400,000 Atlas Title
Le Kenny V $923,000 Fntg Builder Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howard Cortney Morgan $1,064,700
Previous Owner Le Kenny V $738,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2022 11/30/22 Sold $1,400,000 -6.0% $571 / Sq Ft
09/25/2022 09/25/22 For Sale $1,490,000 -- $607 / 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 $16,289 $1,456,560 $891,793 $564,767
2024 $16,289 $1,428,000 $874,306 $553,694
2023 $15,787 $1,400,000 $857,162 $542,838
2022 $10,866 $951,213 $428,466 $522,747
2021 $10,520 $932,562 $420,064 $512,498
2020 $10,405 $923,000 $415,757 $507,243
2019 $4,632 $406,870 $406,870 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22208940

California Regional Multiple Listing Service (CRMLS)

APN: 932-074-38