NOT LISTED FOR SALE

1 Sea Cove Ln Newport Beach, CA 92660

Estimated Value: $2,327,839 - $3,162,000

2 Beds
2 Baths
1,921 Sq Ft
$775/mo HOA Fee

Last Sold October 13, 2021

Last sale price $1,465,000 $763 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $16,728/month

21 Days on Market

Highlights

  • 24-Hour Security
  • Spa
  • Updated Kitchen
  • Abraham Lincoln Elementary School Rated A
  • Back Bay Views
  • Clubhouse

About This Home

As of October 2021

Unique condo style living with large private yard great for pets or gardening. This luxurious resort style living in the 24-hour guard gated community of Sea Island offers resort style living with a clubhouse, two swimming pools and tennis courts. Wonderful single level living, with 2000 square feet, two bedrooms, two bathrooms, large living room, dining room, kitchen nook, and sunken den with cozy fireplace and wet bar. This property features a large master bath with separate tub and shower; double sinks, vanity area and two big walk in closets. The property is complete with plantation shutters, has high ceilings, and a 2-car garage with a workbench. The property is located next to the park within the community and is conveniently located within walking distance to Fashion Island, Back Bay and Balboa Island. Agent is owner.

Do not use showing time to request a showing.

Last Agent to Sell the Property

Shan Vincent

Notch Luxury Properties License #01339602 Listed on: 08/10/2021

Notch Luxury Properties

Co-Listed By

John Stremel

Keller Williams Realty License #00952782

Last Buyer's Agent

Patricia White

Pacific Sotheby's Int'l Realty License #01076297

Pacific Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,426

Year Built

  • Built in 1981 | Remodeled

Lot Details

  • 1 Common Wall
  • Fenced
  • Stucco Fence
  • Sprinkler System
  • Back Yard

HOA Fees

  • $775 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Mediterranean Architecture
  • Tile Roof

Interior Spaces

  • 1,921 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • High Ceiling
  • Gas Fireplace
  • Shutters
  • Double Door Entry
  • Sliding Doors
  • Living Room
  • Dining Room
  • Den with Fireplace
  • Back Bay Views

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Double Self-Cleaning Oven
  • Gas Oven
  • Built-In Range
  • Range Hood
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Bamboo
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Mirrored Closets Doors
  • 2 Full Bathrooms
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Walk-in Shower
  • Closet In Bathroom

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Pool

  • Spa
  • Fence Around Pool

Outdoor Features

  • Enclosed Patio or Porch
  • Rain Gutters

Location

  • Property is near a clubhouse

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 9396
  • Tax Tract Number 939634
  • Assessor Parcel Number 93963405

Community Details

Overview

  • 80 Units
  • Island Lagoon Association, Phone Number (949) 334-6025
  • Western Property Management HOA
  • Sea Island Lusk Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,426

Year Built

Built in 1981 | Remodeled

Lot Details

0

HOA Fees

$775 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Gated Community, Gated with Guard
  • Subdivision Name Other: Sea Island - Lusk (SILK)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93963405
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1921.00 Square Feet
  • Interior Amenities: Granite Counters, High Ceilings, Pantry, Wet Bar
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Bamboo, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Double Door Entry, Mirror Closet Door(s), Sliding Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Den, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 762.62
  • Room Type: Living Room, Main Floor Master Bedroom
  • Spa Features: Association
  • Window Features: Shutters
  • Bathroom Features: Closet In Bathroom, Double Sinks In Master Bath, Jetted Tub, Stone Counters, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Exterior Features: Satellite Dish
  • View: Back Bay
  • Fence: Yes
  • Fencing: Stucco Wall
  • Patio And Porch Features: Enclosed, Slab
  • Pool Features: Association, Fenced
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Double Oven, Disposal, Gas Oven, Gas Cooktop, Range Hood, Refrigerator, Self Cleaning Oven, Water Heater, Water Line to Refrigerator
  • Electric: 220 Volts in Laundry
  • Heating Type: Central, Natural Gas
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Tennis Court(s), Clubhouse, Guard
  • Association Fee: 775.00
  • Association Fee Frequency: Monthly
  • Association Name: Island Lagoon
  • Phone: 949-334-6025
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters, Sidewalks
  • Association Management: Western Property Management

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Close to Clubhouse, Sprinkler System

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 80
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 630.08
  • Tax Lot: 9396
  • Tax Tract Number: 939634

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Sep 8, 2021
Sold by
Vincent Alix and Vincent Shan
Bought by
Kitzmiller Michael W and Kitzmiller Jamie C
Seller's Agent
Shan Vincent
Notch Luxury Properties
Buyer's Agent
Patricia White
Pacific Sotheby's Int'l Realty
List Price
$1,499,000
Sold Price
$1,465,000
Premium/Discount to List
-$34,000
-2.27%
Current Estimated Value
$2,750,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,285,710
Avg. Annual Appreciation
17.06%
Original Mortgage
$1,172,000
Outstanding Balance
$1,066,433
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,684,277

Purchase Details

Closed on
Aug 2, 2013
Sold by
Vincent Alix
Bought by
Vincent Alix and Vincent Shan

Purchase Details

Closed on
Jun 22, 2011
Sold by
Vincent Alix
Bought by
Vincent Alix and Alix Vincent Living Trust

Purchase Details

Closed on
Jul 21, 2010
Sold by
Burge Robert W
Bought by
Dentis Mary Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2010
Sold by
Dentis Mary Ellen
Bought by
Vincent Alix

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
4.71%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kitzmiller Michael W $1,465,000 California Title Company
Vincent Alix -- None Available
Vincent Alix -- None Available
Dentis Mary Ellen -- Stewart Title
Vincent Alix $750,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kitzmiller Michael W $1,172,000
Previous Owner Vincent Alix $562,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2021 10/13/21 Sold $1,465,000 -2.3% $763 / Sq Ft
08/10/2021 08/10/21 For Sale $1,499,000 0.0% $780 / Sq Ft
10/19/2019 10/19/19 Rented $4,995 0.0% --
10/14/2019 10/14/19 For Rent $4,995 0.0% --
10/05/2019 10/05/19 Under Contract -- -- --
09/12/2019 09/12/19 For Rent $4,995 +11.0% --
02/12/2016 02/12/16 Rented $4,500 0.0% --
02/02/2016 02/02/16 Price Changed $4,500 -9.9% $2 / Sq Ft
01/15/2016 01/15/16 For Rent $4,995 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,426 $1,554,669 $1,202,412 $352,257
2024 $16,426 $1,524,186 $1,178,836 $345,350
2023 $16,040 $1,494,300 $1,155,721 $338,579
2022 $15,773 $1,465,000 $1,133,059 $331,941
2021 $9,700 $887,704 $548,144 $339,560
2020 $9,606 $878,602 $542,523 $336,079
2019 $9,412 $861,375 $531,885 $329,490
2018 $9,226 $844,486 $521,456 $323,030
2017 $9,064 $827,928 $511,231 $316,697
2016 $8,863 $811,695 $501,207 $310,488
2015 $8,778 $799,503 $493,678 $305,825
2014 $8,572 $783,842 $484,007 $299,835
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP21175922

California Regional Multiple Listing Service (CRMLS)

APN: 939-634-05