NOT LISTED FOR SALE

1000 Buckingham Ln Unit 2 Newport Beach, CA 92660

Mariners Neighborhood

Estimated Value: $1,366,000 - $2,949,000

2 Beds
2 Baths
1,443 Sq Ft
$415/mo HOA Fee

Last Sold January 27, 2017

Last sale price $719,000 $498 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $11,534/month

5 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Laundry Room
  • Mariners Elementary School Rated A
  • Wood Flooring
  • 4-minute walk to Bob Henry Park

About This Home

As of January 2017

Ideally located in central Newport Beach off Dover & Westcliff - This two bedroom, two bath single level condominium boast over 1,400 sq. ft. of open living space. Walking distance to restaurants, coffee shops, grocery stores & fitness studios this residence is a stones throw away from the ongoing gentrification of 17th street. Access the beaches of Balboa Peninsula, Corona del Mar and Crystal Cove all within a few miles. Walk or bike through the scenic trails of Newport’s Back Bay Natural Reserve and Castaways Park or indulge in world-class shopping/dining at nearby Fashion Island and South Coast Plaza. This property just completed a stem to stern remodel, including brand new kitchen and bathrooms, stainless steel appliances, with beautiful new hardwood and tile flooring throughout. Plentiful dual pane windows and sliding doors create an abundance of natural light. Multiple outdoor areas allow for alfresco dining, oversized two-car garage conveniently accessed from a private courtyard. Indoor laundry room includes additional storage and counter space. The Westcliff Villa community amenities include pool, spa, gardens and barbeque pavilion. This property is located within award winning Mariners elementary school boundary.

Last Agent to Sell the Property

Timothy Tamura

VALIA Properties License #01305097 Listed on: 12/01/2016

Co-Listed By

Jason Foreman

VALIA Properties License #01994644

Last Buyer's Agent

Tim Carr

Tim Carr Group License #01017277

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,997

Year Built

  • Built in 1960

HOA Fees

  • $415 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,443 Sq Ft Home
  • Entryway
  • Living Room with Fireplace
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Utilities

  • Radiant Heating System
  • Septic Type Unknown

Additional Features

  • In Ground Pool
  • Two or More Common Walls

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1396
  • Assessor Parcel Number 89528002

Community Details

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • Community Barbecue Grill

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,997

Year Built

Built in 1960

Lot Details

0

HOA Fees

$415 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Westcliff Villa (CWWV)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 89528002
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1443.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 498.27
  • Room Type: All Bedrooms Down, Entry, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite

Exterior Features

  • Pool Features: Community, In Ground
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Radiant
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue
  • Association Fee: 415.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 1396

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2016
Closed on
Jan 25, 2017
Sold by
Thomas Sean Kenneth
Bought by
Groth David
Seller's Agent
Timothy Tamura
VALIA Properties
Buyer's Agent
Tim Carr
Tim Carr Group
List Price
$719,000
Sold Price
$719,000
Current Estimated Value
$1,903,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,184,099
Avg. Annual Appreciation
10.04%
Original Mortgage
$500,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 10, 2013
Closed on
Sep 20, 2013
Sold by
Bertani Sharon
Bought by
Thomas Sean Kenneth
Seller's Agent
Albert Hanna
Alt Financial Network Inc
Buyer's Agent
Andrea Routh
Seven Gables Real Estate
List Price
$569,000
Sold Price
$545,000
Premium/Discount to List
-$24,000
-4.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.70%

Purchase Details

Closed on
Sep 20, 2012
Sold by
Miller Paul
Bought by
Bertani Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 7, 2012
Sold by
Fractman Susan J
Bought by
Miller Paul

Purchase Details

Closed on
Oct 22, 1999
Sold by
Westcliff Villas Assn
Bought by
Fractman Susan J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Groth David $719,000 Western Resources
Thomas Sean Kenneth $545,000 Fidelity National Title
Bertani Sharon $450,000 Chicago Title Company
Miller Paul $69,382 Accommodation
Fractman Susan J -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Groth David $475,000
Closed Groth David $474,000
Closed Groth David $500,000
Previous Owner Bertani Sharon $315,000
Previous Owner Fractman Susan J $56,000
Previous Owner Fractman Susan J $288,700
Previous Owner Fractman Susan J $265,000
Previous Owner Fractman Susan J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2017 01/27/17 Sold $719,000 0.0% $498 / Sq Ft
12/06/2016 12/06/16 Pending -- -- --
12/01/2016 12/01/16 For Sale $719,000 +31.9% $498 / Sq Ft
10/04/2013 10/04/13 Sold $545,000 -2.5% $378 / Sq Ft
09/20/2013 09/20/13 Pending -- -- --
09/06/2013 09/06/13 Price Changed $559,000 -1.8% $388 / Sq Ft
08/10/2013 08/10/13 For Sale $569,000 -- $395 / Sq Ft
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 $8,997 $834,457 $742,530 $91,927
2024 $8,997 $818,096 $727,971 $90,125
2023 $8,783 $802,055 $713,697 $88,358
2022 $8,635 $786,329 $699,703 $86,626
2021 $8,471 $770,911 $685,983 $84,928
2020 $8,389 $763,007 $678,949 $84,058
2019 $8,220 $748,047 $665,637 $82,410
2018 $8,058 $733,380 $652,585 $80,795
2017 $6,408 $575,653 $492,181 $83,472
2016 $6,267 $564,366 $482,530 $81,836
2015 $6,206 $555,889 $475,282 $80,607
2014 $6,061 $545,000 $465,971 $79,029
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16755936

California Regional Multiple Listing Service (CRMLS)

APN: 895-280-02