562 Joann St, Costa Mesa, CA 92627
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562 Joann St Costa Mesa, CA 92627

$1,080,000 Sold Price as of 09/09/2019
  • 6 Beds
  • 4 Baths
  • -- Sq.Ft.
Sold
$1,080,000 Sold Price as of 09/09/2019 Refinance Your Mortgage

Map preview of 562 Joann St, Costa Mesa, CA 92627

Property Overview: 562 Joann St Costa Mesa, CA has 6 bedrooms, 4 bathrooms, -- living square feet and 5,227 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Nicely maintained triplex in excellent rental area of Costa Mesa. Close to all freeways, restaurants and all the the many surrounding amenities. Front unit is a large 3 bedroom, 2 bath with a new forced air unit. Lower rear unit is a 1 bedroom, 1 bath home, upper rear unit is a 2 bedroom, 1 bath. 1 car garage plus 3 carports. Building was recently painted and landscaping updated. Long terms tenants with room to increase rents.

Listed by Michael Brinkman | BRE #00926365 | Coastline Realty
Last checked: 1 minute ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 84

Home details

Lot Sq. Ft
5,227
HOA Dues
$0/mo
Year built
1964
Garage
1 Car
Property Type:
Multi Family
Status
Sold
MLS#
NP19134233
City
Costa Mesa
County
Orange
Time on Site
1397 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,050
  • Total Rent: $2,050
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $1,975
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $63,000
  • Net Operating Income: $42,990
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $2,010
  • Electric: $0
  • Gas/Fuel: $850
  • New Taxes: $13,200
  • Trash: $1,800
  • Gardener: $1,060
  • Insurance: $1,300
  • Water/Sewer: $1,800

Property Details for 562 Joann St

Interior Features
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Detached Carport, Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 42216308
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: other
  • Directions: harbor, left on wilson, right on joann
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 562 Joann St

Last sold for $1,080,000 on September 9th, 2019
  • September, 2019

  • Sep 9, 2019

    Date

    Sold

    CRMLS: NP19134233

    $1,080,000

    Price

  • Aug 31, 2019

    Date

    Active Under Contract

    CRMLS: NP19134233

    $1,099,000

    Price

  • Jul 3, 2019

    Date

    Price Change

    CRMLS: NP19134233

    $1,099,000

    Price

  • Jun 7, 2019

    Date

    Active

    CRMLS: NP19134233

    $1,200,000

    Price

  • September, 2019

  • Sep 9, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,080,000

    Price

  • April, 2014

  • Apr 4, 2014

    Date

    Sold (Public Records)

    Public Records

    $724,000

    Price

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Tax History for 562 Joann St

Assessed Value (2020): $793,022
Year Land Value Improved Value Assessed Value
2020 $674,069 $118,953 $793,022

Home Value Compared to the Market

This property vs the competition

562 Joann St sold on September 9, 2019 for 19.78% lower than the current median sold price for the city of Costa Mesa which is $1,370,000.

About 562 Joann St

Detailed summary of property

562 Joann St is a multi family that recently sold in Costa Mesa, CA 92627. This multi family property offered 6 bedrooms, 4 bathrooms, roughly -- living square feet, and sits on an approximately 5,227 square foot lot. 562 Joann St was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $1,080,000. 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 19.78% lower than the current median priced home. Local homes that are currently for sale include 1731 E 3rd St, 1746 E Florida St and 530 Almond Ave. While the average home in Costa Mesa, CA is selling in 32 days, 562 Joann St has a days on market of 84 days. There are currently 116 homes for sale in the Costa Mesa real estate market and 92 of them are single family homes while 8 of them are condos and 16 are townhomes. For more information on this home for sale at 562 Joann St 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 562 Joann St

Public county record property details
Beds
--
Baths
--
Year built
1964
Sq. Ft.
2,979
Lot Size
4,181
Stories
2
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
--
APN
422-163-08

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.
$869
Median Sold Price
$1,500,000
Median Sold Price/Sq.Ft.
$788
Total Inventory
66
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.