See Home Value
North Tustin 92780
12842 Elizabeth Way
$1,360,000
● House - Off Market

12842 Elizabeth Way

Tustin, CA 92780
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,284 Ft²
$6,865
Est. Monthly

About This Property

**** MAJOR PRICE IMPROVEMENT**** Nestled on a spacious 10,025 sq. ft. lot, this stunning 2,284 sq. ft. home offers the perfect blend of comfort and luxury. Featuring 5 bedrooms and 3.5 bathrooms, the property has been beautifully updated with a new renovated kitchen and bathrooms. The home also features fresh exterior white paint, all-new copper plumbing, owned solar panels and a new roof for peace of mind. Step outside to enjoy a private backyard oasis complete with a sparkling saltwater pool, jacuzzi, putting green and a spacious patio, perfect for relaxation and entertainment. There is two large area for RV parking (17'x40' & 25'x27') on the property that does not interfere with the yard. Currently operating as a successful Airbnb, this home is an incredible opportunity for investors or those seeking a dream residence.
Unit Size
2,284 Ft²
Days on Market
106 days
Land Size
0.23 acres
Price per sqft
$612
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953

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Last updated: 2 years ago (CRMLS #PW25107129)

Price History

Date / Event Date Event Price
Aug 28, 2025 Sold
Sold
Aug 8, 2025 In contract -
In contract
Aug 5, 2025 Relisted $1,398,000
Relisted
Jul 21, 2025 In contract -
In contract
Jul 11, 2025 Price Decreased $1,398,000
↓ $77K (5.2%)
Price Decreased
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 370
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 2

    Dimensions

  • Lot Size Square Feet: 10,025
  • Total Building Area: 2,284
  • Gross Building Area: 2,284
  • Building Area: 2,284
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,284
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: IRVINES SUBDIVISION
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • Legal Description 1: A TR IRVINE SUB BLK 13 LOT 331 IRVINE SUB LOT 331 BLK 13 POR IN LOT

Neighborhood

  • School District Name: Tustin Unified School District
  • Census Tract: 075603

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 24-A1
  • Subdivision Tract Number: 361
  • Parcel: 501-072-08
  • Block: 13
  • Lot: 331
  • Latitude: 33.7493
  • Longitude: -117.807

    Address

  • Full Address: 12842 Elizabeth Way
  • Address - House Number: 12842
  • Address - Street Name: Elizabeth
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Tustin
  • Carrier Code: C038
  • 4-Digit Zip Code: 2839
  • Zip Code: 92780

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,175,734
  • Tax Rate Code Area: 89-058

    Appraisal Valuation

  • Standard Deviation: 0.2054
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 72
  • Final Value: 1,565,469
  • High Value: 1,887,045
  • Low Value: 1,243,893

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,060,000
  • Assessed Land Value: $938,154
  • Assessed Improvements Value: $121,846

    Sales

  • Current Sale Contract Date: Jul 11, 2022
  • Current Sale Recording Date: Aug 09, 2022
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 272756
  • Previous Sale Recording Date: Jan 29, 2004
  • Previous Sale Contract Date: Dec 10, 2003
  • Previous Sale Amount: $446,500
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About North Tustin


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Frequently Asked Questions

When was property at 12842 Elizabeth Way built and last sold?
The property at 12842 Elizabeth Way was built in 1953 and last sold on Jul 11, 2022 for $1,060,000.
How much is this home worth?
The estimated value of the home located at 12842 Elizabeth Way is $0.
What are some comparable homes to 12842 Elizabeth Way?
There are currently no comparable homes to 12842 Elizabeth Way.