NOT LISTED FOR SALE

12720 Newport Ave Unit 4 Tustin, CA 92780

Estimated Value: $729,000 - $969,000

2 Beds
2.5 Baths
1,345 Sq Ft
$276/mo HOA Fee

Last Sold March 03, 2017

Last sale price $446,500 $332 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $4,963/month

11 Days on Market

Highlights

  • Gated Community
  • Contemporary Architecture
  • 2 Car Attached Garage
  • Deck
  • Property is near a park
  • Breakfast Bar

About This Home

As of March 2017

Rare Opportunity to Own a townhouse style condominium!! 1 of 20 units in a private gated community. Conveniently Close to Shopping, Schools, Freeways, Restaurants, and Airports. This Stellar 2 Bedroom Unit has a feel of a Dual Master Unit. Hard to Find Fully Fenced Very Private Landscaped Backyard, 2 Car Garage and 1 assigned parking space. Interior Features Vaulted Ceilings, Hardwood Flooring, Bright & Open Floor Plan, Large Master Bedroom with Upstairs Balcony, Inside Laundry, Granite Counter Tops and a SUN ROOM!

Last Agent to Sell the Property

Emmett Dalton

Dalton Real Estate License #00959147 Listed on: 01/19/2017

Last Buyer's Agent

Santos Aloi

Lexus Realty License #01374293

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,857

Year Built

  • Built in 1975

Lot Details

  • Two or More Common Walls
  • Block Wall Fence
  • Drip System Landscaping
  • Back Yard

HOA Fees

  • $276 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 1 Open Parking Space
  • Parking Available

Home Design

  • Contemporary Architecture
  • Turnkey
  • Slab Foundation
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,345 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Pest Guard System
  • Breakfast Bar
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting

Schools

  • Benson Elementary School
  • Tustin High School

Additional Features

  • Property is near a park
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 8702
  • Assessor Parcel Number 93408004

Community Details

Overview

  • Cascades Association, Phone Number (562) 869-4261
  • Maintained Community

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,857

Year Built

Built in 1975

Lot Details

0

HOA Fees

$276 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Owner
  • Other Phone Number: 9097312036
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Cascades
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93408004
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1345.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, In Living Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 331.97
  • Room Type: Entry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 3
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Laundry
  • Heating Type: Central, Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pest Control, Earthquake Insurance, Maintenance Grounds, Trash, Pets Permitted
  • Association Fee: 276.00
  • Association Fee Frequency: Monthly
  • Association Name: Cascades
  • Phone: 562-869-4261
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Tustin Unified
  • Elementary School: Benson
  • High School: Tustin
  • Elementary School: Benson
  • High School: Tustin
  • Elementary School #2: BENSON
  • High School2: TUSTIN

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Landscaped, Park Nearby, Sprinklers Drip System

Multi Family

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

Tax Info

  • Tax Census Tract: 756.03
  • Tax Lot: 1
  • Tax Tract Number: 8702

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2017
Sold by
Ng Stephanie
Bought by
Ng Stephanie and The 12720 Newport Avenue Unit Four Trust
Current Estimated Value
$791,171

Purchase Details

Listed on
Jan 19, 2017
Closed on
Jan 31, 2017
Sold by
Richards Reid and Richards Sasha
Bought by
Ng Stephanie
Seller's Agent
Emmett Dalton
Dalton Real Estate
Buyer's Agent
Santos Aloi
Lexus Realty
List Price
$459,900
Sold Price
$446,500
Premium/Discount to List
-$13,400
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%
Original Mortgage
$321,480
Outstanding Balance
$265,349
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$525,822

Purchase Details

Listed on
May 24, 2013
Closed on
Jul 9, 2013
Sold by
Rauterkus Michael Anthony and Rauterkus Cathleen Nista
Bought by
Richards Reid and Richards Sasha
Seller's Agent
David Guarino
First Team Real Estate
Buyer's Agent
Kimberly Sarnecky
First Team Real Estate
List Price
$445,000
Sold Price
$435,000
Premium/Discount to List
-$10,000
-2.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.72%
Original Mortgage
$391,500
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2006
Sold by
Mccormick Robert and Mccormick Sherri
Bought by
Rauterkus Michael Anthony and Nista Cathleen Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,600
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 1999
Sold by
Masters Bonnie J
Bought by
Mccormick Robert H and Mccormick Sherri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 5, 1997
Sold by
Masters Bonnie J
Bought by
Masters Bonnie Jean and Bonnie Jean Masters 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
Ng Stephanie -- None Available
Ng Stephanie $446,500 Ticor Title Company Of Calif
Richards Reid $435,000 Western Resources Title Co
Rauterkus Michael Anthony $497,000 First American Title Co
Mccormick Robert H $180,000 South Coast Title Company
Masters Bonnie Jean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ng Stephanie $321,480
Previous Owner Richards Reid $391,500
Previous Owner Rauterkus Michael Anthony $397,600
Previous Owner Mccormick Robert H $174,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/03/2017 03/03/17 Sold $446,500 -2.9% $332 / Sq Ft
01/19/2017 01/19/17 For Sale $459,900 +5.7% $342 / Sq Ft
07/16/2013 07/16/13 Sold $435,000 -2.2% $322 / Sq Ft View Prior Sale
05/24/2013 05/24/13 For Sale $445,000 -- $330 / 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 $5,857 $518,197 $412,502 $105,695
2024 $5,857 $508,037 $404,414 $103,623
2023 $5,710 $498,076 $396,484 $101,592
2022 $5,621 $488,310 $388,710 $99,600
2021 $5,508 $478,736 $381,088 $97,648
2020 $5,479 $473,828 $377,181 $96,647
2019 $5,345 $464,538 $369,786 $94,752
2018 $5,258 $455,430 $362,535 $92,895
2017 $5,380 $459,466 $364,654 $94,812
2016 $5,285 $450,457 $357,504 $92,953
2015 $5,349 $443,691 $352,134 $91,557
2014 $5,214 $435,000 $345,236 $89,764
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17011269

California Regional Multiple Listing Service (CRMLS)

APN: 934-080-04