tomo logo

$1,448,000

Beds
3
Baths
3.5
sq ft
2,151

145 Mercer Way, Costa Mesa, CA 92627

145 Mercer Way

Costa Mesa, CA 92627

  • 67 days on market
One of the few end unit locations at Level One with an ocean view! Level One is a magnificent urban community in a prime coastal location providing quick access to everything from the sands of Newport Beach to Lido Village and John Wayne. With plenty of windows to pour natural light into every corner, the interior provides a light, bright and open feel. The dynamic first floor is commercially zoned, perfect for running certain businesses or can be used a play area for kids. The roll-up garage door can open letting in the breeze when hosting board meetings and the commercial bath can accommodate both people or hosing off your dog after a walk on the beach. White-washed high grade wood floors cover the main living areas and enhance the open design. Numerous cabinets line the kitchen and are accented by an amazing waterfall kitchen island, a full backsplash and GE Monogram stainless steel appliances. Both upper level bathrooms have been upgraded and the master suite has a walk-in closet, dual sinks, and oversized shower. Epoxy floors cover the garage floor and creative storage has been installed to maximize space. The rooftop deck is expansive with views of the ocean and the mountains. Enjoy the HB airshow in the fall, fireworks on the 4th, and all that the coast has to offer from your private paradise. Property may also benefit from Federal Opportunity Tax Zones for investors. Other amenities include security cameras, surround sound, Ring doorbell system, and central vacuum.

Details

Property type

Condominium

Est. home value

$1,449,102

Lot size

Unknown

Price per sq ft

$674

Year built

2015

Monthly HOA fee

$317

Price History

01/03/2025
CRMLS

CRMLS #PW24235191

Listed
$1,448,000
12/20/2024
CRMLS

CRMLS #PW24235191

Removed
$1,448,000
11/16/2024
CRMLS

CRMLS #PW24235191

Listed
$1,448,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Sidewalks

High school district: 

Newport Mesa Unified

Number of units in community: 

60

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$627,442
Asking price
$1,448,000
Closing costs (~8% of asking)
-$115,840
Est. remaining loan balance
-$704,718
Cash to seller
$627,442

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

California Coastal Loan Inc

Loan start date

May 2021

Original loan amount

$765,250

Est. remaining balance

$704,718

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

George Stroumboulis and Constandina Shakolas Stroumboulis

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/22/2025 at 11:50 AM

Listing updated: 01/18/2025 at 4:05 PM

Listed by: Sammer Mudawar, THE brokeredge Phone #: (714) 660-4008

MLS: CRMLS #PW24235191

CRMLS logo

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