NOT LISTED FOR SALE

Estimated Value: $713,776 - $945,000

2 Beds
2 Baths
954 Sq Ft
$550/mo HOA Fee

Last Sold May 21, 2020

Last sale price $508,000 $532 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,445/month

7 Days on Market

Highlights

  • Heated Pool
  • View of Trees or Woods
  • Property is near a park
  • Victoria Elementary School Rated A-
  • Contemporary Architecture
  • 4-minute walk to Marina View Park

About This Home

As of May 2020

This lovely unit nestled in a great neighborhood of Newport Terrace is west facing, with views of the Santa Ana River channel and Canyon Community Park from the living room and second bedroom. This portion of Newport Beach is secluded and perfect for the nature enthusiast. Newly painted interior and an open floorplan allows you a clean and ideal setting for the creation of your dream home. You can move right in, remodel immediately, or upgrade at your own leisure. With Travertine floors and carpets, this 2-bedroom/2 full baths home has nearly 1000 square feet of open space and a cozy fireplace in the living room. The kitchen and bathrooms have granite counter tops and white cabinets. The kitchen combines with a dining room for a large Great Room feel. The back patio is behind the dining room and master baths and leads directly out to the car port and single car garage. There is a washer/dryer closet and parking for 2 with guest parking available as well. This 14-acre community is complete with a beautiful association pool, spa, large Tennis court, shuffleboard, and a BBQ area spacious enough for a party. The grounds are truly lovely, and the surrounding 50-acre park is ideal for hiking, biking, and outdoor recreation. Fabulous possibilities!

Last Agent to Sell the Property

Tim Smith

Coldwell Banker Realty License #01346878 Listed on: 04/24/2020

Coldwell Banker Realty

Co-Listed By

Cristi Ulrich

Coldwell Banker Realty License #01140294

Last Buyer's Agent

Liz Carlson

Coldwell Banker Realty License #02035164

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,291

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • 1 Common Wall
  • Wood Fence

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Carport
  • Parking Available

Property Views

  • Woods
  • Bluff
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 954 Sq Ft Home
  • 1-Story Property
  • Shutters
  • Family Room Off Kitchen
  • Living Room with Fireplace

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Built-In Trash or Recycling Cabinet
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

Pool

  • Heated Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rear Porch

Location

  • Property is near a park

Schools

  • Victoria Elementary School
  • Charles W Eliot Middle School
  • Estancia High School

Utilities

  • Central Heating
  • Gas Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 8835
  • Assessor Parcel Number 93338153

Community Details

Overview

  • 281 Units
  • Newport Terrace Association, Phone Number (949) 716-3998
  • Powerstone Prop. Mgmt. HOA
  • Property is near a preserve or public land

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill

Recreation

  • Sport Court
  • Community Pool
  • Community Spa
  • Park
  • Hiking Trails
  • Bike Trail

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,291

Year Built

Built in 1974 | Remodeled

Lot Details

0

HOA Fees

$550 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Newport Terrace (NEWT)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93338153
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 954.00 Square Feet
  • Interior Amenities: Granite Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area, In Kitchen
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 532.49
  • Room Type: Kitchen, Living Room, Main Floor Master Bedroom, Walk-In Closet
  • Spa Features: Association, Community
  • Window Features: Shutters
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Built-In Trash/Recycling, Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Bluff, Park/Greenbelt, Trees/Woods
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Concrete, Rear Porch
  • Pool Features: Association, Community, Fenced, Heated
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Range Hood
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Closet, Washer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Sport Court
  • Association Fee: 550.00
  • Association Fee Frequency: Monthly
  • Association Name: Newport Terrace
  • Phone: 949-716-3998
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Hiking, Park, Preserve/Public Land, Sidewalks, Street Lights
  • Association Management: Powerstone Prop. Mgmt.

Schools

  • Elementary School: Victoria
  • High School: Estancia
  • Middle Or Junior School: Charles W Eliot
  • Elementary School #2: VICTOR2
  • High School2: ESTANC

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Park Nearby
  • Lot Size Sq Ft: 987.00
  • Lot Size Acres: 0.0227

Multi Family

  • Lease Considered: No
  • Lot Size Area: 987.0000 Square Feet
  • Number Of Units In Community: 281
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 636.01
  • Tax Lot: 1
  • Tax Tract Number: 8835

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2020
Closed on
May 4, 2020
Sold by
Wolfenden Brothers Llc
Bought by
Peterson Coby and Peterson Nicole
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Liz Carlson
Coldwell Banker Realty
List Price
$512,000
Sold Price
$508,000
Premium/Discount to List
-$4,000
-0.78%
Current Estimated Value
$835,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,194
Avg. Annual Appreciation
9.57%
Original Mortgage
$406,400
Outstanding Balance
$360,127
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$475,067

Purchase Details

Closed on
Aug 31, 2011
Sold by
Wolfenden Scott
Bought by
Wolfenden Brothers Llc

Purchase Details

Closed on
Mar 23, 2009
Sold by
Wolfenden Scott and Wolfenden Brad
Bought by
Wolfenden Scott and Scott Wolfenden Trust

Purchase Details

Closed on
Jul 8, 2008
Sold by
Costanzo Martha Pauline
Bought by
Wolfenden Scott and Wolfenden Brad

Purchase Details

Closed on
Jun 10, 1994
Sold by
Costanzo Martha P
Bought by
Costanzo Martha Pauline
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
Peterson Coby $508,000 First American Title
Wolfenden Brothers Llc -- None Available
Wolfenden Scott -- None Available
Wolfenden Scott -- None Available
Costanzo Martha Pauline -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Coby $406,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2020 05/21/20 Sold $508,000 -0.8% $532 / Sq Ft
04/24/2020 04/24/20 For Sale $512,000 0.0% $537 / Sq Ft
07/01/2015 07/01/15 Rented $1,950 0.0% --
07/01/2015 07/01/15 For Rent $1,950 -- --
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 $6,291 $555,569 $481,224 $74,345
2024 $6,291 $544,676 $471,788 $72,888
2023 $6,262 $533,997 $462,538 $71,459
2022 $6,078 $523,527 $453,469 $70,058
2021 $5,760 $513,262 $444,577 $68,685
2020 $1,166 $76,925 $35,112 $41,813
2019 $1,149 $75,417 $34,423 $40,994
2018 $1,129 $73,939 $33,748 $40,191
2017 $1,110 $72,490 $33,087 $39,403
2016 $1,089 $71,069 $32,438 $38,631
2015 $1,077 $70,002 $31,951 $38,051
2014 $1,053 $68,631 $31,325 $37,306
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20078527

California Regional Multiple Listing Service (CRMLS)

APN: 933-381-53