NOT LISTED FOR SALE

101 Scholz Plaza Unit 225 Newport Beach, CA 92663

Estimated Value: $559,201 - $666,000

1 Bed
1 Bath
504 Sq Ft
$415/mo HOA Fee

Last Sold November 09, 2018

Last sale price $345,000 $685 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,078/month

171 Days on Market

Highlights

  • Courtyard Views
  • Community Pool
  • Fireplace
  • Newport Heights Elementary Rated A
  • Banquet Facilities
  • Plantation Shutters

About This Home

As of November 2018

One of the lowest priced properties in all of Newport Beach currently available. A 2nd floor studio in Versailles, that overlooks the freshly landscaped courtyard and fountain. The Versailles complex is a short bike ride to the great West Newport Beaches. The unit has a very accessible location, just one unit from the main entrance stairway and elevator on the second floor. The amenities of the unit include, hardwood floors, shutters, and a completely remodeled bathroom. This unit is an ideal fit from the professional or couple who desires location, to the family that wish to have a second home in one the most desirable beach cities on the planet, to the investor seeking to have a long term income property. The unit includes a private parking space in the secured garage, a storage cabinet, and an additional parking space that can be used for a 2nd car or for guests. The complex features a Club House, a resort style pool, spa, sauna, fitness room, and a full kitchen banquet room.

Last Agent to Sell the Property

Patrick Sweeney

The CREM Group License #01467079 Listed on: 04/06/2018

Last Buyer's Agent

Inger Ward

Yorba Linba Realty & Investment License #01222835

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,285

Year Built

  • Built in 1971 | Remodeled

Lot Details

  • Two or More Common Walls
  • Density is over 40 Units/Acre

HOA Fees

  • $415 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Carport
  • Parking Available
  • Parking Lot
  • Controlled Entrance
  • Community Parking Structure

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 504 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Plantation Shutters
  • Courtyard Views
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Schools

  • Newport Heights Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Additional Features

  • Suburban Location
  • Cooling Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10587
  • Assessor Parcel Number 93676170

Community Details

Overview

  • 255 Units
  • Versailles Association, Phone Number (949) 481-0555
  • Versailles Subdivision

Amenities

  • Banquet Facilities
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,285

Year Built

Built in 1971 | Remodeled

Lot Details

0

HOA Fees

$415 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Card/Code Access
  • Subdivision Name Other: Versailles (VERS)
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93676170
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 504.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 684.52
  • Window Features: Plantation Shutters

Exterior Features

  • View: Courtyard
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Community Structure, Controlled Entrance, Parking Space
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Banquet Facilities
  • Association Fee: 415.00
  • Association Fee Frequency: Monthly
  • Association Name: Versailles
  • Phone: 9494810555
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Suburban

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport Heights
  • Middle School: Ensign
  • High School: Newport Harbor
  • Elementary School: Newport Heights
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWHEI
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Over 40 Units/Acre

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 255
  • Number Of Units Total: 1

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2018
Sold by
Clark Patricia
Bought by
Travis Shawn Jay
Current Estimated Value
$620,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 4, 2016
Closed on
May 23, 2016
Sold by
Walsh Danielle Rose Findlay
Bought by
Walsh Stephen
Seller's Agent
Jeffrey McConville
Pacific Coast Realty Group
Buyer's Agent
Adam Aldinger
GoodBrand Real Estate
List Price
$309,000
Sold Price
$300,000
Premium/Discount to List
-$9,000
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.06%
Original Mortgage
$270,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 4, 2016
Closed on
May 10, 2016
Sold by
Walsh Stephen
Bought by
Clark Patricia
Seller's Agent
Jeffrey McConville
Pacific Coast Realty Group
Buyer's Agent
Adam Aldinger
GoodBrand Real Estate
List Price
$309,000
Sold Price
$300,000
Premium/Discount to List
-$9,000
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2013
Sold by
Walsh Stephen and Dundon Gerald
Bought by
Walsh Stephen

Purchase Details

Closed on
Oct 18, 2013
Sold by
Walsh Stephen and Dundon Gerald
Bought by
Walsh Stephen

Purchase Details

Closed on
Jul 27, 2009
Sold by
Long Rebecca Ann
Bought by
Walsh Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,025
Interest Rate
5.3%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 6, 2009
Sold by
Angermeir Arthur
Bought by
Walsh Stephen and Dundon Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,025
Interest Rate
5.3%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 6, 2001
Sold by
Avval Sussan H
Bought by
Angermeir Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.57%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 16, 1998
Sold by
Aval Ali H
Bought by
Aval Sussan H

Purchase Details

Closed on
Sep 16, 1993
Sold by
Miotto Gabriella M
Bought by
Aval Ali H and Avval Sussan H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
3.75%

Purchase Details

Closed on
Jul 8, 1993
Sold by
Miotto Peter Luciano and Miotto Maria Fiore
Bought by
Miotto Gabriella M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
3.62%
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
Travis Shawn Jay $345,000 Wfg National Title
Walsh Stephen -- Lawyers Title Insurance Co
Clark Patricia $300,000 Lawyers Title Insurance Co
Walsh Stephen -- None Available
Walsh Stephen -- None Available
Walsh Stephen -- Fidelity National Title Co
Walsh Stephen $250,000 Fidelity National Title Co
Angermeir Arthur $145,000 Commonwealth Land Title
Aval Sussan H -- --
Aval Ali H $95,000 Commonwealth Land Title
Miotto Gabriella M -- Natc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Travis Shawn Jay $198,500
Previous Owner Travis Shawn Jay $207,000
Previous Owner Clark Patricia $270,000
Previous Owner Walsh Stephen $234,025
Previous Owner Angermeir Arthur A $74,250
Previous Owner Angermeir Arthur $165,000
Previous Owner Angermeir Arthur $174,500
Previous Owner Angermeir Arthur $50,000
Previous Owner Angermeir Arthur $145,000
Previous Owner Aval Ali H $76,000
Previous Owner Miotto Gabriella M $71,250
Closed Aval Ali H $9,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2018 11/09/18 Sold $345,000 -1.1% $685 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
08/08/2018 08/08/18 Price Changed $349,000 -2.8% $692 / Sq Ft
07/13/2018 07/13/18 Price Changed $359,000 -2.7% $712 / Sq Ft
05/17/2018 05/17/18 Price Changed $369,000 -2.6% $732 / Sq Ft
04/06/2018 04/06/18 For Sale $379,000 +26.3% $752 / Sq Ft
06/10/2016 06/10/16 Sold $300,000 -2.9% $595 / Sq Ft
05/02/2016 05/02/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $309,000 -- $613 / 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 $4,285 $384,852 $338,985 $45,867
2024 $4,285 $377,306 $332,338 $44,968
2023 $4,180 $369,908 $325,821 $44,087
2022 $4,105 $362,655 $319,432 $43,223
2021 $4,101 $355,545 $313,169 $42,376
2020 $4,061 $351,900 $309,958 $41,942
2019 $3,983 $345,000 $303,880 $41,120
2018 $3,632 $312,120 $271,824 $40,296
2017 $3,569 $306,000 $266,494 $39,506
2016 $3,145 $266,906 $224,358 $42,548
2015 $3,030 $255,000 $214,624 $40,376
2014 $3,012 $255,000 $214,624 $40,376
Source: Public Records

Agents Affiliated with this Home

  • Patrick Sweeney

    Seller's Agent in 2018

    Patrick Sweeney

    The CREM Group

    (949) 973-6290

    25 Total Sales

    Patrick Sweeney
    Section Image

  • I

    Buyer's Agent in 2018

    Inger Ward

    Yorba Linba Realty & Investment

  • Jeffrey McConville

    Seller's Agent in 2016

    Jeffrey McConville

    Pacific Coast Realty Group

    (949) 631-6006

    49 Total Sales

    Jeffrey McConville
    Section Image
  • Jeffrey Butcher

    Seller Co-Listing Agent in 2016

    Jeffrey Butcher

    Pacific Coast Realty Group

    (949) 422-1108

    54 Total Sales

    Jeffrey Butcher
    Section Image

  • A

    Buyer's Agent in 2016

    Adam Aldinger

    GoodBrand Real Estate

    (949) 678-4310

    6 Total Sales

    Adam Aldinger
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18078307

California Regional Multiple Listing Service (CRMLS)

APN: 936-761-70

California Orange County Newport Beach 92663

101 Scholz Plaza Unit 225, Newport Beach, CA

This home is located at 101 Scholz Plaza Unit 225, Newport Beach, CA 92663 since 06 April 2018 and is currently estimated at $620,550, approximately $1,231 per square foot. This property was built in 1971. 101 Scholz Plaza Unit 225 is a home located in Orange County with nearby schools including Newport Heights Elementary, Horace Ensign Intermediate School, and Newport Harbor High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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