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Sold for $1,250,000
  • Listed by: Arbor Real Estate • Stephanie Peterson • Contact: 949-673-7600
    Bought with: Compass
    $1,250,000

    862 Joann St, Costa Mesa, CA 92627

    3beds
    1,333sqft
    Single Family Residence
    Built in 1962
    6,954 Square Feet Lot
    $1,270,800 Zestimate®
    $938/sqft
    $5,912 Estimated rent

    Home value

    $1,270,800

    $1.17M - $1.39M

    $5,912/mo

    Zestimate® history
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    $7,828/mo

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    What's special

    Quiet tree-lined streetHuge backyardSpacious layoutTons of natural light
    Welcome to 862 Joann —a rare remodel or flip opportunity in the heart of Westside Costa Mesa! This well-kept, mostly original 3-bedroom, 2-bathroom home offers 1,333 sqft of living space on a generous 6,953 sqft lot, presenting the perfect canvas to create your dream home or investment project. Situated on a quiet, tree-lined street, this home boasts a spacious layout with tons of natural light, plus a huge backyard—ideal for expanding, adding an ADU, or designing the ultimate outdoor retreat. Whether you're an investor, builder, or a buyer looking to customize, this property offers unlimited possibilities in a highly desirable neighborhood. With easy access to shopping, dining, and the beach. This is a prime opportunity in one of Costa Mesa’s most sought-after locations. Offers will be reviewed Monday, February 24, 2025.

    Zillow last checked:

    Listing updated:

    Listed by:

    Stephanie Peterson DRE #01984954 949-400-1717,

    Arbor Real Estate

    Bought with:

    Rand Penrod, DRE #01719236

    Compass

    Source: CRMLS,MLS#: NP25036936MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Rooms
    • Room types: Bedroom, Family Room, Kitchen
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Tub Shower, Walk-In Shower
    Kitchen
    • Features: Tile Counters
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Included: Refrigerator
    • Laundry: Inside, Laundry Closet
    Features
    • Bedroom on Main Level
    • Flooring: Carpet, Tile
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,333 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Garage
    • Garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Patio & porch: Patio
    • Pool features: None
    • Spa features: None
    • Fencing: Wood
    • Has view: Yes
    • View description: None
    Lot
    • Size: 6,954 Square Feet
    • Dimensions: 60 x 116
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 42236106
    • Zoning: Single Fam Residence
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Foundation: Slab
    • Roof: Synthetic
    Condition
    • Fixer
    • New construction: No
    • Year built: 1962

    Utilities & green energy

    • Electric: Standard
    • Sewer: Sewer Tap Paid
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Biking, Sidewalks
    • Subdivision: Freedom Homes (Free)
    Location
    • Region: Costa Mesa

    Financial & listing details

    • Price per square foot: $938/sqft
    • Tax assessed value: $211,326
    • Annual tax amount: $3,302
    • Date on market: 2/21/2025
    • Cumulative days on market: 4 days
    • Listing terms: Cash,Cash to New Loan,1031 Exchange
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/1/2025Sold$1,250,000+13.6%$938/sqft
    Source: CRMLS #NP25036936 Report a problem
    3/7/2025Pending sale$1,100,000$825/sqft
    Source: CRMLS #NP25036936 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,302 +3.4%$211,326 +2%
    2024$3,192 +4.7%$207,183 +2%
    2023$3,049 +5.6%$203,121 +2%
    2022$2,887 +4.3%$199,139 +2%
    2021$2,768 +1.5%$195,235 +1%
    2020$2,728 $193,234 +2%
    2019$2,728 +2.2%$189,446 +2%
    2018$2,669 +3.6%$185,732 +2%
    2017$2,577 $182,091 +2%
    2016$2,577 +1.9%$178,521 +1.5%
    2015$2,527 +3.2%$175,840 +2%
    2014$2,450 $172,396 +0.5%
    2013-- $171,617 +2%
    2012-- $168,252 +2%
    2011-- $164,953 +0.8%
    2010-- $163,721 -0.2%
    2009-- $164,111 +2%
    2008-- $160,894 +2%
    2007-- $157,740 +2%
    2006-- $154,648 +2%
    2005-- $151,616 +2%
    2004-- $148,644 +1.9%
    2003-- $145,920 +2%
    2002-- $143,059 +2%
    2001$1,730 +2.9%$140,254 +2%
    2000$1,680 $137,504
    Find assessor info on the county website

    Neighborhood: 92627

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,270,800
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,270,800