A
Seller's Agent in 2024
Adam Cox
Adam Douglas Cox, Broker
(714) 880-3610
6 Total Sales
101 Scholz Plaza Unit 122 Newport Beach, CA 92663
Estimated Value: $1,119,000 - $1,420,000
2
Beds
2
Baths
1,231
Sq Ft
$553/mo
HOA Fee
Highlights
- Ocean View
- Fitness Center
- Primary Bedroom Suite
- Newport Heights Elementary Rated A
- Spa
- Gated Community
About This Home
As of January 2024OCEAN VIEW! Not a partial, or peek-a-boo, but the entire unobstructed Ocean, from every room in the unit! This tastefully remodeled unit is situated In Newport Beach, in a beautiful community very close to Hoag Hospital, the Newport Marinas as well as popular restaurants and nightlife. This dual master home has left no stone unturned, with brand new kitchen cabinets and quartz countertops, new wood floors, custom tiled spa-like bathrooms, new soaking tub, a murphy bed so that the room may double as an office. Feeling very much like resort getaway, this home has been thoughtfully designed with lighting, comfort and relaxation in mind. Hurry, as this view home will not last!
Last Agent to Sell the Property
Adam Douglas Cox, Broker License #01437322 Listed on: 09/05/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,583
Year Built
- Built in 1971 | Remodeled
HOA Fees
- $553 Monthly HOA Fees
Property Views
- Ocean
- Pool
Home Design
- Entry on the 1st floor
Interior Spaces
- 1,231 Sq Ft Home
- 1-Story Property
- Crown Molding
- Recessed Lighting
- Living Room with Fireplace
- Living Room Balcony
Kitchen
- Updated Kitchen
- Electric Oven
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms | 1 Primary Bedroom on Main
- Primary Bedroom Suite
- 2 Full Bathrooms
- Bathtub
- Walk-in Shower
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Stacked Washer and Dryer
Parking
- Parking Available
- Assigned Parking
Outdoor Features
- Spa
- Patio
Schools
- Newport Heights Elementary School
- Ensign Middle School
- Newport Harbor High School
Utilities
- Central Heating and Cooling System
- Water Heater
- Sewer Paid
Additional Features
- Two or More Common Walls
- Suburban Location
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 10587
- Assessor Parcel Number 93676149
- $364 per year additional tax assessments
Community Details
Overview
- 255 Units
- Versailles HOA, Phone Number (949) 645-6242
- Versailles Subdivision
Amenities
- Community Barbecue Grill
- Clubhouse
Recreation
- Tennis Courts
- Fitness Center
- Community Pool
- Community Spa
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 5, 2023
Closed on
Dec 27, 2023
Sold by
Orhyan Capital Management Llc
Bought by
Second Restated Ralf G Zacky Declaration Of T and Zacky
Seller's Agent
Adam Cox
Adam Douglas Cox, Broker
Buyer's Agent
Hani Gabriel
GABRIEL REALTY GROUP, INC.
List Price
$1,230,000
Sold Price
$1,217,000
Premium/Discount to List
-$13,000
-1.06%
Views
214
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,271
Avg. Annual Appreciation
-0.99%
Original Mortgage
$717,000
Outstanding Balance
$708,313
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$488,309
Purchase Details
Closed on
Jan 30, 2023
Sold by
Michael L Morrison L and Michael Reneltje P
Bought by
Sbr Empire Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$772,000
Interest Rate
6.33%
Mortgage Type
Balloon
Purchase Details
Closed on
Jan 27, 2023
Sold by
Sbr Empire Llc
Bought by
Orhyan Capital Management Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$772,000
Interest Rate
6.33%
Mortgage Type
Balloon
Purchase Details
Closed on
Jun 9, 2015
Sold by
Martin Morrison Reneltje
Bought by
The Michael L Morrison & Reneltje P Mart
Purchase Details
Closed on
Nov 2, 2006
Sold by
Morrison Michael L and Martin Morrison Reneltje
Bought by
Martin Morrison Reneltje
Purchase Details
Closed on
Mar 31, 2003
Sold by
Roe Harry P and Roe Johanna H
Bought by
Morrison Michael and Morrison Reneltje M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.73%
Purchase Details
Closed on
Nov 21, 2000
Sold by
Andrews Bryan D
Bought by
Roe Harry P and Roe Johanna H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,550
Interest Rate
7.67%
Purchase Details
Closed on
Sep 1, 1999
Sold by
Hall William H and Hall Jean Carol
Bought by
Andrews Bryan D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
3.45%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Second Restated Ralf G Zacky Declaration Of T | $1,217,000 | Lawyers Title | |
| Sbr Empire Llc | $900,000 | Lawyers Title | |
| Orhyan Capital Management Llc | $950,000 | Lawyers Title | |
| The Michael L Morrison & Reneltje P Mart | -- | None Available | |
| Martin Morrison Reneltje | -- | None Available | |
| Morrison Michael | $389,000 | First American Title Co | |
| Roe Harry P | $299,500 | Chicago Title Co | |
| Andrews Bryan D | $240,000 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Second Restated Ralf G Zacky Declaration Of T | $717,000 | |
| Previous Owner | Orhyan Capital Management Llc | $85,000 | |
| Previous Owner | Orhyan Capital Management Llc | $772,000 | |
| Previous Owner | Burke Monarch Multi Llc | $3,000,000 | |
| Previous Owner | Morrison Michael | $250,000 | |
| Previous Owner | Roe Harry P | $269,550 | |
| Previous Owner | Andrews Bryan D | $192,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/05/2024 01/05/24 | Sold | $1,217,000 | +0.2% | $989 / Sq Ft |
| 10/17/2023 10/17/23 | Pending | -- | -- | -- |
| 10/06/2023 10/06/23 | Price Changed | $1,215,000 | -1.2% | $987 / Sq Ft |
| 09/12/2023 09/12/23 | Price Changed | $1,230,000 | 0.0% | $999 / Sq Ft |
| 09/12/2023 09/12/23 | For Sale | $1,230,000 | +1.1% | $999 / Sq Ft |
| 09/09/2023 09/09/23 | Off Market | $1,217,000 | -- | -- |
| 09/05/2023 09/05/23 | For Sale | $695,000 | -- | $565 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,583 | $1,241,340 | $1,133,906 | $107,434 |
| 2024 | $10,583 | $968,898 | $868,657 | $100,241 |
| 2023 | $6,052 | $541,516 | $444,962 | $96,554 |
| 2022 | $5,948 | $530,899 | $436,238 | $94,661 |
| 2021 | $5,836 | $520,490 | $427,685 | $92,805 |
| 2020 | $5,780 | $515,154 | $423,300 | $91,854 |
| 2019 | $5,666 | $505,053 | $415,000 | $90,053 |
| 2018 | $5,555 | $495,150 | $406,862 | $88,288 |
| 2017 | $5,458 | $485,442 | $398,885 | $86,557 |
| 2016 | $5,338 | $475,924 | $391,064 | $84,860 |
| 2015 | $5,287 | $468,776 | $385,190 | $83,586 |
| 2014 | $4,989 | $443,000 | $364,989 | $78,011 |
Source: Public Records
Agents Affiliated with this Home
-
Adam Cox
-
Hani Gabriel
Buyer's Agent in 2024
Hani Gabriel
GABRIEL REALTY GROUP, INC.
(281) 888-5266
33 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23166182
APN: 936-761-49
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