NOT LISTED FOR SALE

Estimated Value: $5,607,912 - $7,260,000

4 Beds
4.5 Baths
4,197 Sq Ft
$1,430/mo HOA Fee

Last Sold September 27, 2017

Last sale price $5,100,000 $1,215 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $41,781/month

Highlights

  • Ocean View
  • Property Fronts a Bay or Harbor
  • Updated Kitchen
  • Abraham Lincoln Elementary School Rated A
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of September 2017

Exceptional opportunity to experience the Newport Beach lifestyle in this exclusive Mai Kai condo. This Eclectic French country inspired home is a unique one of a kind double unit with approximately 4200 square feet and is located directly on the Bay front of Newport Harbor. First floor offers 2 bedrooms (1 bedroom plus day/sitting room) and 1 and a half bathrooms, seagrass carpet and beveled travertine floors in kitchen and living room. As well as large windows that allow for ample natural light and extraordinary views from the living room, dining room and large bay front patio, this home is perfect for entertaining. The kitchen offers wood countertops, upgraded Whirlpool stainless steel appliances, Kitchenaid dishwasher, copper hood, leaded glass cabinets, garden window and Dutch door that leads to a private courtyard entry with security gate. Wood beam wrought iron spiral staircase with hardwood floor landings and glass cupola guides you to the second level. The second level of the home offers an expansive master suite with retreat, fireplace and a huge deck to enjoy the spectacular views. Attached atrium bathroom with stone countertops and a large walk-in closet. Master bedroom deck, with Mexican pavers and endless bay views. Day room with attached full bathroom. Down the hall you will find the third bedroom with an office, full bathroom and laundry room. Located within easy distance of two yacht clubs, Fashion Island and all the fun of historic Balboa Island.

Last Agent to Sell the Property

Marcus Gualter

Coldwell Banker Realty License #01079157 Listed on: 08/21/2017

Coldwell Banker Realty

Last Buyer's Agent

Renee West

Compass License #01181153

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $60,250

Year Built

  • Built in 1960

Lot Details

  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • Two or More Common Walls
  • Wrought Iron Fence
  • Block Wall Fence
  • Sprinkler System

HOA Fees

  • $1,430 Monthly HOA Fees

Parking

  • 3 Car Garage
  • 1 Carport Space
  • Parking Available
  • Front Facing Garage
  • Three Garage Doors
  • Shared Driveway
  • Parking Lot

Property Views

  • Ocean
  • Marina
  • Bay
  • Panoramic
  • City Lights
  • Canal

Home Design

  • French Architecture
  • Entry on the 1st floor
  • Additions or Alterations
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 4,197 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Track Lighting
  • Drapes & Rods
  • Bay Window
  • Garden Windows
  • Atrium Windows
  • Wood Frame Window
  • Double Door Entry
  • French Doors
  • Atrium Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Home Office
  • Bonus Room
  • Atrium Room
  • Laundry Room

Kitchen

  • Eat-In Galley Kitchen
  • Updated Kitchen
  • Open to Family Room
  • Double Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Makeup or Vanity Space
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Walk-in Shower

Home Security

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Rear Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 8917
  • Assessor Parcel Number 93454035

Community Details

Overview

  • Mai Kai Condo Association, Phone Number (949) 768-7261

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$60,250

Year Built

Built in 1960

Lot Details

0

HOA Fees

$1,430 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Mai Kai Condos (MAIK)
  • View: Yes
  • Architectural Style: French
  • Property Condition: Additions/Alterations
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93454035
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4197.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Ceiling Fan(s), Crown Molding, Granite Counters, High Ceilings, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Track Lighting
  • Common Walls: 2+ Common Walls
  • Flooring: Stone, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Atrium Doors, Double Door Entry, French Doors
  • Eating Area: In Family Room, In Kitchen, In Living Room, Country Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1215.15
  • Room Type: Atrium, Bonus Room, Den, Dressing Area, Entry, Family Room, Foyer, Galley Kitchen, Kitchen, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Walk-In Closet
  • Window Features: Atrium, Bay Window(s), Drapes, Garden Window(s), Skylight(s), Wood Frames
  • Bathroom Features: Bathtub, Bidet, Shower, Double Sinks In Master Bath, Soaking Tub, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Bay, Canal, City Lights, Marina, Ocean, Panoramic
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Patio And Porch Features: Deck, Rear Porch, Stone, Tile
  • Pool Private: No
  • Roof: Concrete, Tile
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Shared Driveway, Paved, Garage Faces Front, Garage - Three Door, Parking Space
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In Range, Dishwasher, Double Oven, Microwave, Range Hood, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 1430.00
  • Association Fee Frequency: Monthly
  • Association Name: Mai Kai Condo Association
  • Phone: 949-768-7261
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinkler System

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Canal Front

Tax Info

  • Tax Census Tract: 627.01
  • Tax Lot: 1
  • Tax Tract: Mai Kai Condos
  • Tax Tract Number: 8917

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2020
Sold by
Rhonda Lynn Hill-Tolar Trust and Hill-Tolar Rhonda Lynn
Bought by
Allen L Tolar Irrevocable Trust and Natalie L Tolar Irrevocable Trust
Current Estimated Value
$6,534,637

Purchase Details

Listed on
Aug 21, 2017
Closed on
Sep 6, 2017
Sold by
Huff Valarie
Bought by
Hill Tolar Rhonda Lynn and The Rhonda Lynn Hill Tolar Trust
Seller's Agent
Marcus Gualter
Coldwell Banker Realty
Buyer's Agent
Renee West
Compass
List Price
$5,375,000
Sold Price
$5,100,000
Premium/Discount to List
-$275,000
-5.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.31%

Purchase Details

Closed on
Jun 28, 2017
Sold by
Huff Valarie
Bought by
Huff Valarie and The Esideue Marital Trust

Purchase Details

Closed on
Apr 4, 2000
Sold by
Howard Daum William and Howard Jessie F
Bought by
Daum William Howard and Hawk Family Trust
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
Allen L Tolar Irrevocable Trust -- None Listed On Document
Hill Tolar Rhonda Lynn $5,100,000 First American Title Co
Huff Valarie -- None Available
Daum William Howard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hill Tolar Rhonda Lynn $3,570,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2017 09/27/17 Sold $5,100,000 -5.1% $1,215 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
08/21/2017 08/21/17 For Sale $5,375,000 -- $1,281 / 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 $60,250 $5,802,927 $5,458,059 $344,868
2024 $60,250 $5,689,145 $5,351,039 $338,106
2023 $58,845 $5,577,594 $5,246,117 $331,477
2022 $57,877 $5,468,230 $5,143,252 $324,978
2021 $56,765 $5,361,010 $5,042,404 $318,606
2020 $56,221 $5,306,040 $4,990,700 $315,340
2019 $55,046 $5,202,000 $4,892,843 $309,157
2018 $53,945 $5,100,000 $4,796,904 $303,096
2017 $13,290 $1,236,281 $946,371 $289,910
2016 $12,991 $1,212,041 $927,815 $284,226
2015 $12,867 $1,193,836 $913,879 $279,957
2014 $12,563 $1,170,451 $895,977 $274,474
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17187618

California Regional Multiple Listing Service (CRMLS)

APN: 934-540-35