$545,000
SOLD OCT 4, 2013

1000 Buckingham Ln Unit 2 Newport Beach, CA 92660

Mariners Neighborhood
2 Beds
2 Baths
1,440 Sq Ft
$415/mo HOA Fee

Recently Sold

$378 Per Sq Ft

4% Below List Price

41 Days on Market

Highlights

  • Private Pool
  • All Bedrooms Downstairs
  • 4-minute walk to Bob Henry Park
  • Mariners Elementary School Rated A
  • Property is near public transit

About This Home

As of January 2017

Beautiful single level and spacious condo. 1,440 sg ft with 2 Bedrooms & 2 Bathrooms, a Large Living/Dining room with fireplace. Updated eat-in Kitchen with new cabinets, stove and oven. Inside Laundry room, lots of storage space and 3 separate patios off the Kitchen, Living room & Bedrooms create an extension to the indoor space. Once outside, you can follow the garden path around to the Large Community Pool & Spa where you can relax in quiet settings. In this complex of 21 Units, you feel like you are in Paradise in the middle of Newport Beach. Close to the Beaches, Balboa Island, Fashion Island, shops restaurants, markets and walking trails. This could make the perfect Primary Residence or 2nd Home.

Last Agent to Sell the Property

Albert Hanna

Alt Financial Network Inc License #00926155 Listed on: 08/10/2013

Last Buyer's Agent

Andrea Routh

Seven Gables Real Estate License #01451545

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

  • 1,440 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down

Additional Features

  • Private Pool
  • Two or More Common Walls
  • Property is near public transit

Listing and Financial Details

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

Community Details

Overview

  • 21 Units

Recreation

  • Community Pool

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
  • Other Phone Number: 714-448-0126
  • 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: 1440.00
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 378.47
  • Room Type: All Bedrooms Down, Living Room, Master Bedroom

Exterior Features

  • Pool Features: Community
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 415.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Near Public Transit

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 21
  • Number Of Units Total: 21

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
Total Days on Market
41
Current Estimated Value
$1,632,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$913,795
Avg. Annual Appreciation
10.28%
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 Type Sale Price Title Company
Grant Deed $719,000 Western Resources
Grant Deed $545,000 Fidelity National Title
Grant Deed $450,000 Chicago Title Company
Trustee Deed $69,382 Accommodation
Grant Deed -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $475,000 New Conventional
Closed $474,000 New Conventional
Closed $500,000 Adjustable Rate Mortgage/ARM
Previous Owner $315,000 Seller Take Back
Previous Owner $56,000 Credit Line Revolving
Previous Owner $288,700 Unknown
Previous Owner $265,000 Unknown
Previous Owner $50,000 Credit Line Revolving
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
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: NP13163800

California Regional Multiple Listing Service (CRMLS)

APN: 895-280-02