If you want a second opinion, getting an appraisal might be a good idea. This type of appraisal is generally shorter and less costly than the type of appraisal used for purchases and re-financing.
There were 9 homes sold at East Costa Mesa during past thirty days.
We now have 10.77 months of inventory of homes on the market at East Costa Mesa.
Harrison K. Long, Realtor and broker, Coldwell Banker Previews
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You can see the most recent comparables in the link below.
You will need to copy it and paste it to your browser. It will expire in 10 days.
The valuation is a moving target right now. I'm very familiar with the Sea Bluffs condos. There are currently two properties for sale right now, and the last property that closed escrow in the Sea Bluffs was in November of 2006. All three properties can be found at the link below (the link will expire in 30 days).
I specialize in the Costa Mesa area, so if you ever have a question about your property or the local market in general, feel free to contact me. My email address is luke (at) ocluke (dot) com.
The two properties are worth more than you paid for them...to me a lot more. The 1207 property has a lot more profit in it. Is that the one you live in?
If you need a written valuation, just call or email me and I will give you the name of a good Realtor in CM.