NOT LISTED FOR SALE

101 Scholz Plaza Unit 125 Newport Beach, CA 92663

Estimated Value: $570,000 - $617,271

1 Bed
1 Bath
504 Sq Ft
$474/mo HOA Fee

Last Sold May 11, 2022

Last sale price $542,500 $1,076 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,183/month

14 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Laundry Room
  • Newport Heights Elementary Rated A
  • Community Pool
  • Radiant Heating System

About This Home

As of May 2022

Amazing location...1 bedroom 1 bath condo in the sought-after gated community of Versailles in Newport Beach. The Community is fully equipped with a gym, a pool, and more. Centrally located to all of the best spots in Newport Beach.
Enjoy a short stroll to the Balboa Peninsula that offers a world-class beach, a variety of restaurants, bars, and eateries, and the best nightlife in SoCal. You're also close to Trader Joe's, Fashion Island, Orange County Fairgrounds, John Wayne Airport, with easy access to the 55 freeway and PCH.

Last Agent to Sell the Property

The Perez Brothers

Own It Now Realty License #01457748 Listed on: 03/11/2022

Last Buyer's Agent

Priscila Knox

Compass License #02072332

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,327

Year Built

  • Built in 1971

HOA Fees

  • $474 Monthly HOA Fees

Interior Spaces

  • 504 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Additional Features

  • 1 Common Wall
  • Radiant Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10587
  • Assessor Parcel Number 93676127
  • $360 per year additional tax assessments

Community Details

Overview

  • 255 Units
  • Verailles Association, Phone Number (949) 645-6242
  • Versailles Subdivision

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,327

Year Built

Built in 1971

Lot Details

0

HOA Fees

$474 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Other Phone Description: Showingtime
  • Property Attached: Yes
  • Subdivision Name Other: Versailles (VERS)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93676127
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 504.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1076.39
  • Room Type: Kitchen

Exterior Features

  • Pool Features: Association, Community
  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Radiant
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Gym/Ex Room, Clubhouse, Trash, Water
  • Association Fee: 474.00
  • Association Fee Frequency: Monthly
  • Association Name: Verailles
  • Phone: 949.645.6242
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Verailles

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 255
  • Number Of Units Total: 255

Tax Info

  • Tax Census Tract: 636.03
  • Tax Lot: 1
  • Tax Tract Number: 10587
  • TaxOtherAnnualAssessmentAmount: 360.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
Mar 30, 2022
Sold by
Mink Jonathan P and Mink Audrey I
Bought by
Silva Dan R and Silva Norma Ann
Seller's Agent
The Perez Brothers
Own It Now Realty
Buyer's Agent
Priscila Knox
Compass
List Price
$535,000
Sold Price
$542,500
Premium/Discount to List
$7,500
1.4%
Current Estimated Value
$588,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,068
Avg. Annual Appreciation
2.32%
Original Mortgage
$325,000
Outstanding Balance
$306,323
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$279,448

Purchase Details

Closed on
Aug 16, 2011
Sold by
Mcneill Kevy L
Bought by
Mink Jonathan P and Mink Audrey I

Purchase Details

Closed on
Oct 7, 2004
Sold by
Fitton Michael A
Bought by
Mcneill Kevy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2003
Sold by
Fitton Paul E and Fitton Kathleen J
Bought by
Fitton Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,100
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2002
Sold by
Weaver Pauline E
Bought by
Fitton Paul E and Fitton Kathleen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
7.15%
Mortgage Type
Unknown
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
Silva Dan R $542,500 None Listed On Document
Mink Jonathan P $186,000 Ticor Title
Mcneill Kevy L $285,000 Old Republic Title Company
Fitton Michael A -- Diversified Title & Escrow S
Fitton Paul E $151,500 Commerce Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silva Dan R $325,000
Previous Owner Mcneill Kevy L $266,250
Previous Owner Mcneill Kevy L $228,000
Previous Owner Fitton Michael A $146,100
Previous Owner Fitton Paul E $0
Previous Owner Fitton Paul E $121,000
Closed Fitton Michael A $17,800
Closed Mcneill Kevy L $28,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2022 05/11/22 Sold $542,500 +1.4% $1,076 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $535,000 -- $1,062 / 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 $6,327 $575,705 $528,351 $47,354
2024 $6,327 $564,417 $517,991 $46,426
2023 $6,176 $553,350 $507,834 $45,516
2022 $2,680 $220,147 $175,558 $44,589
2021 $2,631 $215,831 $172,116 $43,715
2020 $2,605 $213,618 $170,351 $43,267
2019 $2,558 $209,430 $167,011 $42,419
2018 $2,509 $205,324 $163,736 $41,588
2017 $2,467 $201,299 $160,526 $40,773
2016 $2,415 $197,352 $157,378 $39,974
2015 $2,390 $194,388 $155,014 $39,374
2014 $2,335 $190,581 $151,978 $38,603
Source: Public Records

Agents Affiliated with this Home

  • The Perez Brothers

    Seller's Agent in 2022

    The Perez Brothers

    Own It Now Realty

    (714) 720-6642

    106 Total Sales

    The Perez Brothers
    Section Image

  • P

    Buyer's Agent in 2022

    Priscila Knox

    Compass

    (949) 438-4340

    3 Total Sales

    Priscila Knox
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22048515

California Regional Multiple Listing Service (CRMLS)

APN: 936-761-27

California Orange County Newport Beach 92663

101 Scholz Plaza Unit 125, Newport Beach, CA

This home is located at 101 Scholz Plaza Unit 125, Newport Beach, CA 92663 since 11 March 2022 and is currently estimated at $588,568, approximately $1,167 per square foot. This property was built in 1971. 101 Scholz Plaza Unit 125 is a home located in Orange County with nearby schools including Newport Heights Elementary, Horace Ensign Intermediate School, and Newport Harbor High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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