141 Melody Ln, Costa Mesa, CA 92627
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141 Melody Ln Costa Mesa, CA 92627

$1,730,000 Sold Price as of 05/28/2019
  • 9 Beds
  • 5 Baths
  • 3,695 Sq.Ft.
Sold
$1,730,000 Sold Price as of 05/28/2019 Refinance Your Mortgage

Map preview of 141 Melody Ln, Costa Mesa, CA 92627

Property Overview: 141 Melody Ln Costa Mesa, CA has 9 bedrooms, 5 bathrooms, 3,695 living square feet and 9,636 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Updated and well maintained with recent improvements including landscaped common areas, many units recently remodeled or updated. Beautifully landscaped common area, rare assigned parking on site, laundry facility, and cul-de-sac setting. Two upper level units in the front both 2 bedrooms 1 bath. One lower level unit in the front 2 beds 1 bath. One lower unit in the back of the main building remodeled and improved with a large fireplace, 2 bedrooms, 1 bathroom, lovely laminate floors throughout, newer kitchen, with spacious outdoor private patio area. One unit attached to garage in back building, recently remodeled “studio” with open floor plan 1-bedroom loft area, downstairs living room, newer kitchen and 1 bath, plus 1 car garage space. Vacancies have always been filled in a flash. Take a look at potential AITD in private remarks. NOTHING LIKE THIS IN EASTSIDE UNDER $2M!

Listed by Jordan Bennett | BRE #01850869 | Keller Williams Realty
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 135

Home details

Lot Sq. Ft
9,636
HOA Dues
$0/mo
Year built
1964
Garage
1 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC18287101
City
Costa Mesa
County
Orange
Time on Site
1399 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
  • # of Leased Units: 5
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,825
  • Total Rent: $1,825
  • Pro Forma/Market Rent: $1,875
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,899
  • Total Rent: $1,899
  • Pro Forma/Market Rent: $1,949
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,050
  • Total Rent: $2,050
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $112,448
  • Net Operating Income: $82,072
  • Gross Operating Income: --
  • Laundry Income: $1,200
Annual Expense Breakdown
  • Total Operating Expense: $30,376
  • Electric: $996
  • Gas/Fuel: $720
  • New Taxes: $24,000
  • Trash: $0
  • Gardener: $960
  • Insurance: $1,800
  • Professional Management: $0
  • Water/Sewer: $1,500

Virtual Tour

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Property Details for 141 Melody Ln

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Carpet, Laminate
Kitchen Information
  • Has Appliances
  • Dishwasher, Electric Cooktop, Disposal, Gas Oven
Interior Features
  • Levels: Two
  • Door Features: Mirror Closet Door(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Garage, Parking Space
Lot Information
  • Lot Features: 2-5 Units/Acre, Landscaped
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Trees/Woods
  • Common Walls: 2+ Common Walls
  • Total # of Units: 5
  • Parcel Number: 42618121
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Sewer Assessments, Buyer to Verify
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: other
  • Directions: Newport Blvd, East on E. 20th St, left on Fullerton Ave, left on Melody Lane Cross Streets: Fullerton Ave and E 20th St
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

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Sale History for 141 Melody Ln

Last sold for $1,730,000 on May 28th, 2019
  • May, 2019

  • May 29, 2019

    Date

    Sold

    CRMLS: OC18287101

    $1,730,000

    Price

  • May 10, 2019

    Date

    Pending

    CRMLS: OC18287101

    $1,799,000

    Price

  • Apr 26, 2019

    Date

    Hold

    CRMLS: OC18287101

    $1,799,000

    Price

  • Mar 27, 2019

    Date

    Price Change

    CRMLS: OC18287101

    $1,799,000

    Price

  • Mar 4, 2019

    Date

    Price Change

    CRMLS: OC18287101

    $1,850,000

    Price

  • Jan 28, 2019

    Date

    Price Change

    CRMLS: OC18287101

    $1,899,900

    Price

  • Jan 11, 2019

    Date

    Price Change

    CRMLS: OC18287101

    $1,950,000

    Price

  • Dec 8, 2018

    Date

    Active

    CRMLS: OC18287101

    $1,995,000

    Price

  • May, 2019

  • May 28, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,730,000

    Price

  • October, 2018

  • Oct 12, 2018

    Date

    Leased

    CRMLS: OC18239983

    $1,950

    Price

  • Oct 11, 2018

    Date

    Hold

    CRMLS: OC18239983

    $1,950

    Price

  • Oct 2, 2018

    Date

    Active

    CRMLS: OC18239983

    $1,950

    Price

  • Listing provided courtesy of CRMLS

    Live the OC Lifestyle! Great Location, Desirable Upper Level Unit in 4 unit Building, Prime Location in Costa Mesa. Beautifully landscaped common area, Light and Bright unit, Matching Appliances, Mirrored Closet Doors, 1 Assigned Parking Space, 2 Un-Assigned spaces first come first serve. Laundry Facility.

  • July, 2018

  • Jul 27, 2018

    Date

    Leased

    CRMLS: OC18137640

    $1,899

    Price

  • Jun 26, 2018

    Date

    Price Change

    CRMLS: OC18137640

    $1,899

    Price

  • Jun 9, 2018

    Date

    Active

    CRMLS: OC18137640

    $1,925

    Price

  • Listing provided courtesy of CRMLS

    Live the OC Lifestyle! Great Location, Desirable Upper Level Unit in 4 unit Building, Prime Location in Costa Mesa. Beautifully landscaped common area, Light and Bright unit, updated kitchen and flooring, Built-In Shelving and Bookcases, Matching Appliances, Mirrored Closet Doors, 1 Assigned Parking Space, 2 Un-Assigned spaces first come first serve. Laundry Facility.

  • February, 2018

  • Feb 2, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 141 Melody Ln

Assessed Value (2020): $1,764,600
Year Land Value Improved Value Assessed Value
2020 $1,254,600 $510,000 $1,764,600

Home Value Compared to the Market

This property vs the competition

141 Melody Ln sold on May 28, 2019 for 31.31% higher than the current median sold price for the city of Costa Mesa which is $1,370,000. The median sold price per/sqft for Costa Mesa is $783 and this home is sold at $486.87 per/sqft which puts the price per square foot 37.82% lower than the current median sale per square foot for the city of Costa Mesa.

About 141 Melody Ln

Detailed summary of property

141 Melody Ln is a multi family that recently sold in Costa Mesa, CA 92627. This multi family property offered 9 bedrooms, 5 bathrooms, roughly 3,695 living square feet, and sits on an approximately 9,636 square foot lot. 141 Melody Ln was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $1,730,000. Home in Costa Mesa are selling for a median price of $1,370,000 and a median price per square foot of $783. Based on Ardent Real Estate Group's Costa Mesa Market Data, this home is sold 31.31% higher than the current median priced home. Local homes that are currently for sale include 357 Mermaid St, 1210 S Athena Way and 938 S Gilbuck Dr. While the average home in Costa Mesa, CA is selling in 33 days, 141 Melody Ln has a days on market of 135 days. There are currently 114 homes for sale in the Costa Mesa real estate market and 88 of them are single family homes while 10 of them are condos and 16 are townhomes. For more information on this home for sale at 141 Melody Ln Costa Mesa, CA 92627 contact Ardent Real Estate Group and we will put you in touch with one of our Costa Mesa agents.

Public Facts for 141 Melody Ln

Public county record property details
Beds
5
Baths
3
Year built
1964
Sq. Ft.
3,699
Lot Size
9,636
Stories
2
Type
Single Family Residential
Pool
Yes
Spa
No
County
Orange
Lot#
211
APN
426-181-21

The source for these homes facts are from public records.

92627 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,495,000
Median List Price/Sq.Ft.
$852
Median Sold Price
$1,500,000
Median Sold Price/Sq.Ft.
$788
Total Inventory
65
Median Sale to List Price %
100%
Avg Days on Market
28
Loan Type
Conventional (44.44%), FHA (0%), VA (0%), Cash (38.89%), Other (16.67%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.