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283 Magnolia Street

283 Magnolia Street, Costa Mesa, CA 92627
Sold Jun 02, 2003
$832,000
Sold May 07, 1998
$480,000
$350,000 by Ge Capital Mtg Services Inc
Mortgage Due Jun 01, 2008
283 Magnolia Street has been categorized by the local assessors in Costa Mesa, CA as a residential type of property. The building on the property was first built in 1953 and is 71 years old. The home has a total of 4 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 283 Magnolia Street has 2,014 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,254 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 630 sqft. According to our sources, there are a total of 2 available parking spaces. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 283 Magnolia Street was last sold in Apr 23, 2003 for $832,000. According to our calculations, that's $413.11 per sqft. Prior to that sales transaction, the property was sold for $480,000 in Jan 1, 1970. Current property owners are expected to pay $21,885 in taxes per year. The property on 283 Magnolia Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,000,000. To break that down further, the land itself was valued at $1,800,000. While improvements to the property were assessed at a total of $200,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 630
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,254
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,014
  • Gross Building Area: 2,014
  • Building Area: 2,014
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,014
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 954
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 594 BLK E LOT 20

Ownership

  • Current Owner : MARCONI JOHN L
  • Current Owner 2: MARCONI KATHRYN S
  • Previous Owner : JERRY D & BLYTHE CUTLER FAIR LIVING TR
  • Owner Before Previous Owner: ASSOCIATES RELOCATION MANAGEMENT CO INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Newport-Mesa Unified School District
  • Census Tract: 063301

Geography

  • Assessors Map Reference: 31-D3
  • Subdivision Tract Number: 594
  • Parcel: 117-211-14
  • Block: E
  • Lot: 20
  • Latitude: 33.6368
  • Longitude: -117.913

    Address

  • Full Address: 283 Magnolia St
  • Address - House Number: 283
  • Address - Street Name: Magnolia
  • Address - Suffix Type: St
  • State: CA
  • City Name: Costa Mesa
  • Carrier Code: C027
  • 4-Digit Zip Code: 2824
  • Zip Code: 92627

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $21,885
  • Tax Rate Code Area: 15-007

    Appraisal Valuation

  • Standard Deviation: 0.1958
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 73
  • Final Value: 2,180,943
  • High Value: 2,607,996
  • Low Value: 1,753,891

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,000,000
  • Assessed Land Value: $1,800,000
  • Assessed Improvements Value: $200,000

    Sales

  • Current Sale Contract Date: Apr 23, 2003
  • Current Sale Recording Date: Jun 02, 2003
  • Current Sale Transaction ID: 1040652380
  • Current Sale Price: $832,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2003000641065
  • Previous Sale Recording Date: May 07, 1998
  • Previous Sale Amount: $480,000
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMERICA BANK CALIFORNIA
  • First Mortgage Transaction Date: Jun 02, 2003
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: GE CAPITAL MTG SERVICES INC
  • Previous Mortgage Transaction Date: May 07, 1998
  • Previous Mortgage Loan Amount: $350,000
  • Previous Mortgage Term: 120
  • Previous Mortgage Loan Due Date: Jun 01, 2008

About Costa Mesa



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Frequently Asked Questions

What neighborhood is 283 Magnolia Street located in?
The 283 Magnolia Street is a located in the neighborhood of Eastside Costa Mesa in Costa Mesa, Costa Mesa.
What is the average sales price for listings in 283 Magnolia Street?
The average sales price for units in 283 Magnolia Street is $0 currently.

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