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1162 Mear Lane

1162 Mear Lane, Tustin, CA 92780
Property in Tustin
Sold Jul 25, 1994
$198,000
$238,616 by Residential Wholesale Mortgage
Mortgage Due Dec 01, 2030
Local assessors in Tustin, CA have categorized 1162 Mear Lane as a residential type of property. The home was built in 1963 and is 61 years old. The property's lot size has been calculated to be 7,360 square feet. The linear feet between the front and back of the lot was measured at 1,150 ft and the front of the lot was measured at 640 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1162 Mear Lane has a total of 1,794 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 451 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. The home's a heating system is the primary heating source. 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, 1162 Mear Lane was last sold in Jan 1, 1970 for $198,000. According to our calculations, that's $110.37 per sqft. Current property owners are expected to pay $3,772 in taxes per year. The property on 1162 Mear Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $308,162. To break that down further, the land itself was valued at $197,938. While improvements to the property were assessed at a total of $110,224. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 451
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,360
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 640
  • Total Building Area: 1,794
  • Gross Building Area: 1,794
  • Building Area: 1,794
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,794
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.169
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 4664 BLK LOT 20

Ownership

  • Current Owner : HAYASHI FUMIO
  • Current Owner 2: HAYASHI YUKIKA
  • Previous Owner : YOUNG EARNEST G
  • Previous Owner 2: YOUNG ANNA M
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Tustin Unified School District
  • Census Tract: 075517

Geography

  • Assessors Map Reference: 23-F4
  • Subdivision Tract Number: 4664
  • Parcel: 432-152-02
  • Lot: 20
  • Latitude: 33.7275
  • Longitude: -117.829

    Address

  • Full Address: 1162 Mear Ln
  • Address - House Number: 1162
  • Address - Street Name: Mear
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Tustin
  • Carrier Code: C027
  • 4-Digit Zip Code: 6136
  • Zip Code: 92780

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,772
  • Tax Rate Code Area: 13-082

    Appraisal Valuation

  • Standard Deviation: 0.1794
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 76
  • Final Value: 1,108,122
  • High Value: 1,306,984
  • Low Value: 909,260

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $238,616
  • First Open Lien Mortgage Lender: RESIDENTIAL WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 13, 2015
  • First Open Lien Mortgage Loan Amount: $238,616
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2030

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $308,162
  • Assessed Land Value: $197,938
  • Assessed Improvements Value: $110,224

    Sales

  • Current Sale Recording Date: Jul 25, 1994
  • Current Sale Transaction ID: 1044489433
  • Current Sale Price: $198,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 94-0469566

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN SVG BANK
  • First Mortgage Transaction Date: Jul 25, 1994
  • First Mortgage Loan Amount: $148,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Aug 01, 2024

    Financing

  • First Mortgage Financing Type: Variable

About Tustin



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Frequently Asked Questions

What neighborhood is 1162 Mear Lane located in?
The 1162 Mear Lane is a located in the neighborhood of Tustin in Tustin, Tustin.
What is the average sales price for listings in 1162 Mear Lane?
The average sales price for units in 1162 Mear Lane is $0 currently.

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