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786 Shalimar Drive

786 Shalimar Drive, Costa Mesa, CA 92627
Sold Jun 09, 2005
$930,000
$630,000 by World Savings Bank Fsb
Mortgage Due Jul 01, 2035
Sold Mar 02, 1995
$380,000
$304,000 by Pacific Crest Investment & Loa
Mortgage Due Mar 01, 2025
786 Shalimar Drive in Costa Mesa, CA was first built in 1961 and is 63 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. 786 Shalimar Drive has 3,374 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 530 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 7,172 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. For those who need parking, there is a carport. There are a total of 4 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The exterior walls of the home are made of stucco. As for heating, the home is utilizing a forced air unit and being fueled with electricity. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 786 Shalimar Drive sold most recently in Jun 2, 2005 for a total of $930,000. If you work out the math, that's approximately a cost of $275.64 per sqft. Before that, the property was also sold for $380,000 in Feb 24, 1995. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $14,789 in taxes each year. 786 Shalimar Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,245,998. If we break it down further, the land itself was valued at $1,116,844. Improvements to the property, however, were assessed at a total of $129,154. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 4
  • Business/Commerical Units Count: 4
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 7,172
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 530
  • Total Building Area: 3,374
  • Gross Building Area: 3,374
  • Building Area: 3,374
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,374
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT 3517
  • Land Acres: 0.165
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: N TR 3517 BLK LOT 3

Ownership

  • Current Owner : NGUYEN TUAN
  • Current Owner 2: NGUYEN MONIQUE
  • Previous Owner : MCSWEENEY STEVEN M
  • Owner Before Previous Owner: INVESTMENT PROPERTY EXCHANGE INC
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Newport-Mesa Unified School District
  • Census Tract: 063605

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: 31-B3
  • Subdivision Tract Number: 3517
  • Parcel: 424-051-19
  • Lot: 3
  • Latitude: 33.6387
  • Longitude: -117.931

    Address

  • Full Address: 786 Shalimar Dr
  • Address - House Number: 786
  • Address - Street Name: Shalimar
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Costa Mesa
  • Carrier Code: C004
  • 4-Digit Zip Code: 4283
  • Zip Code: 92627

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,789
  • Tax Rate Code Area: 15-015

    Appraisal Valuation

  • Standard Deviation: 0.3721
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 25
  • Final Value: 1,390,622
  • High Value: 1,908,168
  • Low Value: 873,075

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,108,000
  • First Open Lien Mortgage Lender: WORLD SAVINGS BANK FSB
  • First Open Lien Mortgage Recording Date: Jun 09, 2005
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $630,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone First
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2035
  • Second Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • Second Open Lien Mortgage Recording Date: Mar 25, 2021
  • Second Open Lien Mortgage Loan Amount: $478,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,245,998
  • Assessed Land Value: $1,116,844
  • Assessed Improvements Value: $129,154

    Sales

  • Current Sale Contract Date: Jun 02, 2005
  • Current Sale Recording Date: Jun 09, 2005
  • Current Sale Transaction ID: 1166461432
  • Current Sale Price: $930,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2005000443589
  • Previous Sale Recording Date: Mar 02, 1995
  • Previous Sale Contract Date: Feb 24, 1995
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WORLD SAVINGS BANK FSB
  • First Mortgage Transaction Date: Jun 09, 2005
  • First Mortgage Loan Amount: $630,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone First
  • First Mortgage Loan Due Date: Jul 01, 2035

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: PACIFIC CREST INVESTMENT & LOA
  • Previous Mortgage Transaction Date: Mar 02, 1995
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $304,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Mar 01, 2025

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Frequently Asked Questions

What neighborhood is 786 Shalimar Drive located in?
The 786 Shalimar Drive is a located in the neighborhood of Westside Costa Mesa in Costa Mesa, Costa Mesa.
What is the average sales price for listings in 786 Shalimar Drive?
The average sales price for units in 786 Shalimar Drive is $0 currently.

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