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262 Prospect Park

262 Prospect Park, Tustin, CA 92780
Property in Tustin
Sold Sep 18, 2015
$400,000
Buyer
Seller
$544,000 by Castle Mortgage Corporation
Mortgage Due Mar 01, 2052
262 Prospect Park in Tustin, CA was first built in 1963 and is 61 years old. This has been categorized as a residential property type. There are a total of 3 floors. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 262 Prospect Park has 1,400 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 300 ft and the linear feet between the front and back of the lot is 870. In total, the area measurement of the land is 2,610 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 480 sqft. There are a total of 2 available parking spaces. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Aug 13, 2015 for $400,000. That's $285.71 per sqft. 262 Prospect Park was last assessed in 2023. The total value of the property was assessed at $455,130. Specifically, the land the property is located on was valued at $337,575. While improvements on the property were assessed at a total of $117,555. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $5,333. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 3
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,610
  • Lot Size Depth Feet: 870
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,400
  • Building Area: 1,400
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,400
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 4842
  • Land Acres: 0.06
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 4842 BLK LOT 7

Ownership

  • Current Owner : SOSA CHERYL
  • Previous Owner : RIEDER JOHN D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Tustin Unified School District
  • Census Tract: 075505

Geography

  • Assessors Map Reference: 23-F2
  • Subdivision Tract Number: 4842
  • Parcel: 401-141-22
  • Lot: 7
  • Latitude: 33.7475
  • Longitude: -117.822

    Address

  • Full Address: 262 Prospect Park
  • Address - House Number: 262
  • Address - Street Name: Prospect
  • Address - Suffix Type: Park
  • State: CA
  • City Name: Tustin
  • Carrier Code: C024
  • 4-Digit Zip Code: 3218
  • Zip Code: 92780

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,333
  • Tax Rate Code Area: 13-049

    Appraisal Valuation

  • Standard Deviation: 0.1892
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 75
  • Final Value: 841,745
  • High Value: 1,001,076
  • Low Value: 682,413

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $544,000
  • First Open Lien Mortgage Lender: CASTLE MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Feb 23, 2022
  • First Open Lien Mortgage Loan Amount: $544,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $455,130
  • Assessed Land Value: $337,575
  • Assessed Improvements Value: $117,555

    Sales

  • Current Sale Contract Date: Aug 13, 2015
  • Current Sale Recording Date: Sep 18, 2015
  • Current Sale Transaction ID: 1295486558
  • Current Sale Price: $400,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2015000480439

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Sep 18, 2015
  • First Mortgage Loan Amount: $392,755
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2045

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Frequently Asked Questions

What neighborhood is 262 Prospect Park located in?
The 262 Prospect Park is a located in the neighborhood of Tustin in Tustin, Tustin.
What is the average sales price for listings in 262 Prospect Park?
The average sales price for units in 262 Prospect Park is $0 currently.

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