NOT LISTED FOR SALE

Estimated Value: $884,821 - $922,000

3 Beds
2.5 Baths
1,129 Sq Ft
$550/mo HOA Fee

Last Sold May 11, 2021

Last sale price $625,000 $554 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,902/month

74 Days on Market

Highlights

  • Peek-A-Boo Views
  • Cathedral Ceiling
  • Community Pool
  • Victoria Elementary School Rated A-
  • Granite Countertops
  • 3-minute walk to Marina View Park

About This Home

As of May 2021

Secluded location in Newport Beach adjacent to the Talbert Nature Reserve and just 2 miles to the beach. Enjoy the Ocean Air and living close to nature with a hiking and biking path that leads directly to the sand. This recently updated townhouse is 3 bedrooms with 2 full baths upstairs and a 1/2 bath downstairs. The spacious living room features a fireplace and the master bedroom includes vaulted ceilings and 2 spacious closets. Peek a boo view from bedroom window, great spot for a home office. Inside laundry space for side by side. Private patio with direct access from the garage and carport. Newport Terrace has resort like amenities with pool, spa, BBQ areas an a sport court. There is plenty of guest parking throughout the complex. (Unit is now painted white including Cabinetry.)

Last Agent to Sell the Property

Linda Corpuz

Villa Realty Group License #01170779 Listed on: 01/15/2021

Last Buyer's Agent

Sara Cramer

Realty One Group West License #01889507

Realty One Group West

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1973 | Remodeled

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Carport Space
  • Parking Available
  • Single Garage Door

Home Design

  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 1,129 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Peek-A-Boo Views
  • Granite Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Schools

  • Victoria Elementary School
  • Tewinkle Middle School
  • Estancia High School

Additional Features

  • 1 Common Wall
  • Suburban Location
  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 7989
  • Assessor Parcel Number 93338021

Community Details

Overview

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

Amenities

  • Picnic Area

Recreation

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

Property Details

Home Type

Condominium

Year Built

Built in 1973 | Remodeled

Lot Details

0

HOA Fees

$550 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93338021
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1129.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Granite Counters
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 553.59
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Peek-A-Boo
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Picnic Area, Sport Court
  • Association Fee: 550.00
  • Association Fee Frequency: Monthly
  • Association Name: Newport Terrace
  • Phone: 9497163998
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Hiking, Park, Preserve/Public Land, Suburban
  • Association Management: Powerstone

Schools

  • Elementary School: Victoria
  • High School: Estancia
  • Middle Or Junior School: Tewinkle
  • Elementary School #2: VICTOR2
  • High School2: ESTANC

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 281
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 636.01
  • Tax Lot: 1
  • Tax Tract Number: 7989

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Apr 2, 2021
Sold by
Mashayekh Majid and Mashayekh Sahba Mirhashemi
Bought by
Saucedo Hugo E
Seller's Agent
Linda Corpuz
Villa Realty Group
Buyer's Agent
Sara Cramer
Realty One Group West
List Price
$625,000
Sold Price
$625,000
Current Estimated Value
$898,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,955
Avg. Annual Appreciation
8.20%
Original Mortgage
$562,500
Outstanding Balance
$508,680
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$390,275

Purchase Details

Closed on
Nov 24, 2020
Sold by
Mashayekh Majid and Mashayekh Sahba Mirhashemi
Bought by
Mashayekh Majid and Mashayekh Sahba Mirhashemi

Purchase Details

Listed on
Sep 10, 2016
Closed on
Nov 23, 2016
Sold by
Cregg Daniel B and Cregg April A
Bought by
Mashayekh Majid and Mashayekh Sahba Mirhashemi
Seller's Agent
Sean O'Neil
Sean ONeil-Broker
Buyer's Agent
Linda Corpuz
Villa Realty Group
List Price
$499,999
Sold Price
$490,000
Premium/Discount to List
-$9,999
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%
Original Mortgage
$367,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2016
Sold by
Cregg Daniel B and Cregg April A
Bought by
Daniel & April Cregg Revocable Family Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,250
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2016
Sold by
Cregg Daniel B and Cregg April A
Bought by
Cregg Daniel B and Cregg April A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,250
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2015
Sold by
Cregg Dan and Cregg April A
Bought by
Daniel & April Cregg Revocable Family Tr

Purchase Details

Listed on
Mar 6, 2014
Closed on
Mar 27, 2014
Sold by
Mananquil Rex Mante
Bought by
Mananquil Jenny Adams
Seller's Agent
Sharon Paxson
Coldwell Banker Realty
Buyer's Agent
Sharon Paxson
Coldwell Banker Realty
List Price
$459,000
Sold Price
$459,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.93%
Original Mortgage
$413,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 6, 2014
Closed on
Mar 1, 2014
Sold by
Mananquil Jenny Adams and Adams Jenny L
Bought by
Cregg Dan and Cregg April A
Seller's Agent
Sharon Paxson
Coldwell Banker Realty
Buyer's Agent
Sharon Paxson
Coldwell Banker Realty
List Price
$459,000
Sold Price
$459,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2009
Sold by
Orellana Juan Carlos and Orellana Alma
Bought by
Latitude Trust #12 and Galileo Financial

Purchase Details

Closed on
Jan 9, 2004
Sold by
Holmes Scott A and Holmes Linda W
Bought by
Orellana Juan Carlos and Orellana Alma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2003
Sold by
Graves Robert J and Vincent Graves Elaine A
Bought by
Holmes Scott A and Holmes Linda W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2003
Sold by
Graves Elaine and Steinman Elizabeth Ann
Bought by
Graves Robert and Graves Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 1995
Sold by
Vincent Elaine
Bought by
Vincent Elaine and Steinman Elizabeth Ann

Purchase Details

Closed on
Mar 28, 1994
Sold by
Steinman Elizabeth Ann
Bought by
Vincent Elaine
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Saucedo Hugo E $625,000 Pacific Coast Title Company
Mashayekh Majid -- None Available
Mashayekh Majid $490,000 Stewart Title Of Ca Inc
Daniel & April Cregg Revocable Family Tr -- Accommodation
Cregg Daniel B -- Fidelity National Title
Daniel & April Cregg Revocable Family Tr -- None Available
Mananquil Jenny Adams -- California Title Company
Cregg Dan $459,000 California Title Company
Latitude Trust #12 -- None Available
Orellana Juan Carlos $350,000 --
Holmes Scott A $315,000 Stewart Title Company
Graves Robert -- First American Title Ins Co
Vincent Elaine -- --
Vincent Elaine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saucedo Hugo E $562,500
Previous Owner Mashayekh Majid $367,500
Previous Owner Cregg Daniel B $412,250
Previous Owner Cregg Dan $413,000
Previous Owner Orellana Juan Carlos $280,000
Previous Owner Holmes Scott A $215,000
Previous Owner Graves Robert $220,000
Closed Orellana Juan Carlos $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/11/2021 05/11/21 Sold $625,000 0.0% $554 / Sq Ft
01/15/2021 01/15/21 For Sale $625,000 +27.6% $554 / Sq Ft
12/30/2016 12/30/16 Sold $490,000 -2.0% $433 / Sq Ft View Prior Sale
09/10/2016 09/10/16 For Sale $499,999 +8.9% $442 / Sq Ft
04/22/2014 04/22/14 Sold $459,000 0.0% $391 / Sq Ft View Prior Sale
03/06/2014 03/06/14 For Sale $459,000 -- $391 / 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 $7,539 $676,520 $599,900 $76,620
2024 $7,539 $663,255 $588,137 $75,118
2023 $7,481 $650,250 $576,604 $73,646
2022 $7,276 $637,500 $565,298 $72,202
2021 $5,888 $525,378 $456,243 $69,135
2020 $5,831 $519,991 $451,564 $68,427
2019 $5,715 $509,796 $442,710 $67,086
2018 $5,604 $499,800 $434,029 $65,771
2017 $5,506 $490,000 $425,518 $64,482
2016 $5,258 $475,309 $407,241 $68,068
2015 $5,206 $468,170 $401,124 $67,046
2014 $3,911 $347,485 $277,297 $70,188
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21009751

California Regional Multiple Listing Service (CRMLS)

APN: 933-380-21