Costa Mesa Condo Near South Coast Metro Sells for $215/SF

3431-pinebrook-cmRecently, I wrote about two condos in Irvine that were both about 1,400 square feet and selling for about $400,000. One was a 1982 home in Northwood, and the other is part of  the new Ivy development that is located in Woodbury East. In that post, I asked the question: Which of these two homes is a better deal? Well, maybe you prefer to look elsewhere for something cheaper. If so, here is an example of what has sold in Costa Mesa.

pinebrook-kitchenAt 3431 Pinebrook (South Coast Metro neighborhood) is a 1977 condo with 2 bedroom, 1.75 baths, and 1,254 SF. The home sold on 06/01/2009 for $270,000 ($215/SF). However, a year and a half ago this home was listed for $399,000. Homeowner association fee is $320 per month. No Mellos Roos tax is listed.

pinebrook-interior2-cm

This home is somewhat smaller than the Irvine condos, but so was the overall selling price as well as the price per square foot. In addition, this condo has the convenience of being close to South Coast Plaza shopping center and the South Coast Metro Arts and Cultural Center.

Here is the listing history:

Jun 05, 2009 Delisted Inactive SoCalMLS #1
Jun 01, 2009 Sold (MLS) $270,000 Inactive SoCalMLS #1
Feb 23, 2009 Relisted Inactive SoCalMLS #1
Jan 26, 2009 Price Changed $270,000 Inactive SoCalMLS #1
Jan 26, 2009 Relisted Inactive SoCalMLS #1
Sep 20, 2008 Price Changed $299,000 Inactive SoCalMLS #1
Sep 03, 2008 Price Changed $350,000 Inactive SoCalMLS #1
Jun 20, 2008 Listed $399,900 Inactive SoCalMLS #1