NOT LISTED FOR SALE

Estimated Value: $1,645,000 - $1,700,605

3 Beds
3 Baths
1,625 Sq Ft
$471/mo HOA Fee

Last Sold December 12, 2016

Last sale price $915,000 $563 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $10,321/month

32 Days on Market

Highlights

  • Spa
  • No Units Above
  • Gated Community
  • Newport Coast Elementary School Rated A
  • Primary Bedroom Suite
  • View of Trees or Woods

About This Home

As of December 2016

Best buy in Newport Coast!!!! Welcome to this turnkey THREE BEDROOM TOWNHOUSE in Newport Coast's gated Trovare! Rarely offered for sale, this highly sought two story floorplan is ideally situated on a quiet, elevated corner lot, providing total privacy and tree-top vistas. This light and bright home features brand new wood flooring, new paint, plantation shutters, an abundance of natural light and an oversized stone patio. The main level boasts high volume ceilings, living room with fireplace and backyard access, and kitchen opening to a dining area and family room. Completing the main level is a guest bedroom, full bath and laundry room. Spiral staircase leads to the second level, which is comprised of a spacious master suite, and generous guest suite with peek-a-boo ocean views. Attached two car garage has direct access. Located in the heart of Newport Coast and minutes away from fine dining and world-class shopping, Trovare offers resort like amenities, including community pool and spa. HOA fees also include access to Coastal Canyon Rec Center, which has tennis courts, tot lot, Olympic sized pool and clubhouse. This is a rare opportunity to own a three bedroom townhouse (with no one above or below) in Newport Coast for under $1M.

Last Agent to Sell the Property

Natalie Raney

Cypress Cove Real Estate License #01770822 Listed on: 10/18/2016

Co-Listed By

Lindsay Bibb

Cypress Cove Real Estate License #01273718

Last Buyer's Agent

Mike Tashman

Compass License #01108325

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,490

Year Built

  • Built in 1994

Lot Details

  • No Units Above
  • No Units Located Below
  • 1 Common Wall

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • Woods
  • Courtyard

Home Design

  • Entry on the 1st floor
  • Concrete Roof
  • Stucco

Interior Spaces

  • 1,625 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Living Room with Fireplace
  • Wood Flooring
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Outdoor Features

  • Spa
  • Exterior Lighting

Location

  • Property is near a park

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 14772
  • Assessor Parcel Number 93534352

Community Details

Overview

  • Monaco

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Recreation Room

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,490

Year Built

Built in 1994

Lot Details

0

HOA Fees

$471 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Trovare (NCTR)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93534352
  • Year Built: 1994
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1625.00 Square Feet
  • Interior Amenities: High Ceilings
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 563.08
  • Room Type: Main Floor Bedroom, Master Suite
  • Spa Features: Association

Exterior Features

  • View: Courtyard, Trees/Woods
  • Pool Features: Association, Community
  • Pool Private: No
  • Roof: Concrete
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Cooktop
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Picnic Area, Playground, Tennis Court(s), Sport Court, Clubhouse, Recreation Room
  • Association Fee: 386.00
  • Association #2 Fee: 85.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 11
  • Tax Tract Number: 14772

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2016
Closed on
Nov 21, 2016
Sold by
Tehranian Katharine and Tehranian John
Bought by
Bowman Kenneth C and Abuhakmeh Bowman Anne
Seller's Agent
Natalie Raney
Cypress Cove Real Estate
Buyer's Agent
Mike Tashman
Compass
List Price
$955,000
Sold Price
$915,000
Premium/Discount to List
-$40,000
-4.19%
Current Estimated Value
$1,670,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$755,535
Avg. Annual Appreciation
7.08%
Original Mortgage
$625,000
Outstanding Balance
$502,556
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$1,167,979

Purchase Details

Closed on
Jul 3, 2012
Sold by
Tehranian Katharine Kia and Tehranian Majid
Bought by
Tehranian Majid and Majid Tehranian Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,250
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2011
Sold by
Tehranian Katharine
Bought by
Tehranian Katharine Kia and Tehranian Majid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2011
Sold by
Tehranian Katharine Kia and Tehranian Majid
Bought by
Tehranian Majid and The Majid Tehranian Revocable Trust

Purchase Details

Closed on
Mar 1, 2005
Sold by
Tehranian Katharine Kia and Tehranian Majid
Bought by
Tehranian Majid and Tehranian Katharine

Purchase Details

Closed on
Dec 27, 2004
Sold by
Barrett Cameron H
Bought by
Barrett David and Sanders David Barrett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,300
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2004
Sold by
Barrett David and Sanders David Barrett
Bought by
Tehranian Majid and Tehranian Katharine Kia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,300
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 1995
Sold by
Okain Alan N and Fletcher Virginia Ann
Bought by
Sanders David Barrett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,400
Interest Rate
8.9%

Purchase Details

Closed on
Sep 19, 1994
Sold by
Taylor Woodrow Homes California Ltd
Bought by
Okain Alan N and Fletcher Virginia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,300
Interest Rate
6.5%
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
Bowman Kenneth C $915,000 First American Title Company
Tehranian Majid -- None Available
Tehranian Katharine Kia -- --
Tehranian Katharine Kia -- First American Title Company
Tehranian Majid -- None Available
Tehranian Majid -- --
Barrett David -- --
Tehranian Majid $909,000 Equity Title Company
Sanders David Barrett $303,000 First American Title Ins Co
Okain Alan N $303,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowman Kenneth C $625,000
Previous Owner Tehranian Katharine Kia $551,250
Previous Owner Tehranian Katharine Kia $560,000
Previous Owner Tehranian Majid $636,300
Previous Owner Sanders David Barrett $242,400
Previous Owner Okain Alan N $242,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2016 12/12/16 Sold $915,000 -4.2% $563 / Sq Ft
10/18/2016 10/18/16 For Sale $955,000 -- $588 / 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 $11,490 $1,061,933 $808,418 $253,515
2024 $11,490 $1,041,111 $792,566 $248,545
2023 $11,297 $1,020,698 $777,026 $243,672
2022 $11,103 $1,000,685 $761,790 $238,895
2021 $10,725 $981,064 $746,853 $234,211
2020 $10,772 $971,005 $739,195 $231,810
2019 $10,615 $951,966 $724,701 $227,265
2018 $10,406 $933,300 $710,491 $222,809
2017 $10,474 $915,000 $696,559 $218,441
2016 $10,319 $856,783 $594,862 $261,921
2015 $10,380 $856,783 $594,862 $261,921
2014 $10,136 $840,000 $583,209 $256,791
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16728193

California Regional Multiple Listing Service (CRMLS)

APN: 935-343-52