NOT LISTED FOR SALE

Estimated Value: $1,715,000 - $2,239,000

2 Beds
2 Baths
1,123 Sq Ft
2,378 Sq Ft Lot

Last Sold October 11, 2019

Last sale price $1,120,000 $997 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $12,254/month

42 Days on Market

Highlights

  • Ocean View
  • Rooftop Deck
  • Dual Staircase
  • Newport Elementary School Rated A
  • Primary Bedroom Suite
  • Wood Flooring

About This Home

As of October 2019

HUGE PRICE REDUCTION! PRICED TO SELL! Welcome to the beach! This 3 level condominium just 4 doors from the sand brings you just about every aspect of beach living anyone can ask for. With a front patio off the living room, you can enjoy ocean views, a 3rd story roof top deck with city light views, an extra wide street of the highly sought after “100 block” just a few minutes walk from restaurants, shopping, and nightlife. Two car covered tandem garage will leave you never worrying about parking. Freshly updated interior has a comfortable floor plan, lots of natural light. Additional upgrades include a custom fireplace, crown moldings, recessed lighting, high ceilings, open kitchen and bar, and a bedroom with built-in desk including a private full bath. The second level has the master bedroom with master bath, skylights and wood floors. Enjoy the over sized 3rd level deck, lots of privacy to relax and soak in the sun. Great opportunity to take advantage of coastal living at its best!

Last Agent to Sell the Property

Troy Seeber

Compass License #02002512 Listed on: 08/16/2019

Compass

Last Buyer's Agent

Chris Kwon

Real Broker License #01918857

Real Broker

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,024

Year Built

  • Built in 1992 | Remodeled

Lot Details

  • 2,378

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Tandem Garage
  • Single Garage Door

Property Views

  • Ocean
  • City Lights

Interior Spaces

  • 1,123 Sq Ft Home
  • Dual Staircase
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Plantation Shutters
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room

Kitchen

  • Breakfast Bar
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Rooftop Deck
  • Open Patio
  • Exterior Lighting
  • Front Porch

Additional Features

  • 1 Common Wall
  • Central Heating

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 93284021

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,024

Year Built

Built in 1992 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: West Newport Beach (WSNB)
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93284021
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1123.00 Square Feet
  • Interior Amenities: 2 Staircases, Ceiling Fan(s), Crown Molding, Granite Counters, High Ceilings, Recessed Lighting
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Family Kitchen
  • Fireplace Features: Family Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 997.33
  • Room Type: Living Room, Master Suite
  • Window Features: Plantation Shutters

Exterior Features

  • Patio: Yes
  • View: City Lights, Ocean
  • Patio And Porch Features: Deck, Patio Open, Front Porch, Roof Top
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Single Door, Tandem Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 2378.00
  • Lot Size Acres: 0.0546

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2378.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 635.00
  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2019
Closed on
Oct 9, 2019
Sold by
Zamary Raafat Kaiser
Bought by
Kaiser Zamary Raafat and The Raafat Kaiser Zamary Trust
Seller's Agent
Troy Seeber
Compass
Buyer's Agent
Chris Kwon
Real Broker
List Price
$1,230,000
Sold Price
$1,120,000
Premium/Discount to List
-$110,000
-8.94%
Total Days on Market
42
Current Estimated Value
$1,989,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$869,691
Avg. Annual Appreciation
10.76%
Original Mortgage
$726,350
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 16, 2019
Closed on
Sep 30, 2019
Sold by
Landgren Todd A
Bought by
Kaiser Zamary Raafat
Seller's Agent
Troy Seeber
Compass
Buyer's Agent
Chris Kwon
Real Broker
List Price
$1,230,000
Sold Price
$1,120,000
Premium/Discount to List
-$110,000
-8.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$726,350
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2009
Sold by
Landgren Todd A
Bought by
Landgren Todd A and Todd A Landgren Revocable Trust

Purchase Details

Closed on
Apr 17, 2002
Sold by
Moses Ivette Susann
Bought by
Moses Mark Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.37%

Purchase Details

Closed on
Apr 12, 2002
Sold by
Moses Mark Daniel
Bought by
Landgren Todd A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.37%
Source: Public Records

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Range of Values:

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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
Kaiser Zamary Raafat -- Accommodation
Kaiser Zamary Raafat $1,120,000 Chicago Title Company
Landgren Todd A -- None Available
Moses Mark Daniel -- Commonwealth Land Title Co
Landgren Todd A $485,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaiser Raafat $703,900
Closed Kaiser Zamary Raafat $726,350
Previous Owner Landgren Todd A $320,000
Previous Owner Landgren Todd A $320,000
Previous Owner Moses Mark Daniel $287,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2019 10/11/19 Sold $1,120,000 -3.4% $997 / Sq Ft
09/15/2019 09/15/19 Price Changed $1,160,000 -2.0% $1,033 / Sq Ft
09/03/2019 09/03/19 Price Changed $1,184,000 -3.7% $1,054 / Sq Ft
08/16/2019 08/16/19 For Sale $1,230,000 -- $1,095 / 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
2024 $13,024 $1,200,865 $1,034,025 $166,840
2023 $12,717 $1,177,319 $1,013,750 $163,569
2022 $12,504 $1,154,235 $993,873 $160,362
2021 $12,266 $1,131,603 $974,385 $157,218
2020 $12,148 $1,120,000 $964,394 $155,606
2019 $7,108 $642,286 $464,498 $177,788
2018 $6,969 $629,693 $455,391 $174,302
2017 $6,773 $617,347 $446,462 $170,885
2016 $6,622 $605,243 $437,708 $167,535
2015 $6,557 $596,152 $431,133 $165,019
2014 $6,402 $584,475 $422,688 $161,787
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19195805

California Regional Multiple Listing Service (CRMLS)

APN: 932-840-21