NOT LISTED FOR SALE

Estimated Value: $772,871 - $1,145,000

1 Bed
1 Bath
873 Sq Ft
$425/mo HOA Fee

Last Sold May 25, 2017

Last sale price $540,000 $619 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,898/month

45 Days on Market

Highlights

  • In Ground Pool
  • No Units Above
  • Deck
  • Newport Heights Elementary Rated A
  • Updated Kitchen
  • Property is near a park

About This Home

As of May 2017

Welcome home to 1408 Clay St. This over-sized (larger than many 2 bedroom homes) second floor condominium in an intimate 10 unit complex has everything you have been looking for: Updated light and bright kitchen, no one above you, vaulted ceilings, large bedroom and living room, fireplace and private outdoor space. Just a short distance from all of the great restaurants and retail in Westcliff Plaza and 17th St. and an easy bike ride to the beach, this home offers convenience and affordability in one of Newport Beach’s most desired neighborhoods.

Last Agent to Sell the Property

Dominic Tucci

Pacific Sotheby's Int'l Realty License #01506188 Listed on: 02/02/2017

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Stephanie Lowe

Compass License #01118318

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,780

Year Built

  • Built in 1964

Lot Details

  • Property fronts an alley
  • No Units Above
  • 1 Common Wall
  • Wrought Iron Fence
  • Partially Fenced Property
  • Block Wall Fence
  • Landscaped
  • Level Lot
  • Corners Of The Lot Have Been Marked

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor
  • Turnkey
  • Stucco

Interior Spaces

  • 873 Sq Ft Home
  • 1-Story Property
  • Chair Railings
  • Crown Molding
  • Cathedral Ceiling
  • Gas Fireplace
  • Blinds
  • Entryway
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting

Location

  • Property is near a park
  • Property is near public transit

Schools

  • Newport Heights Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 93722010

Community Details

Overview

  • St. Andrews Village Association, Phone Number (415) 292-7476

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,780

Year Built

Built in 1964

Lot Details

0

HOA Fees

$425 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Inclusions: Pot racks in kitchen
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Cliffhaven (CLIF)
  • View: No
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93722010
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 873.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Chair Railings, Crown Molding, Granite Counters, High Ceilings
  • Stories: 1
  • Entry Location: 2
  • Common Walls: 1 Common Wall, No One Above
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area, Breakfast Counter / Bar, In Kitchen
  • Entry Level: 2
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 618.56
  • Room Type: Entry, Living Room, Master Bedroom
  • Window Features: Blinds
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Exhaust Fan(s)
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Block, Partial, Wrought Iron
  • Patio And Porch Features: Deck, Patio
  • Pool Features: Association, Community, In Ground, Gunite
  • Pool Private: No
  • Roof: Other
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Assigned, Garage, Garage Faces Rear, Off Street
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Cooktop, Refrigerator
  • Heating Type: Central, Forced Air
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Phone Extension: 105
  • Amenities: Pool
  • Association Fee: 425.00
  • Association Fee Frequency: Monthly
  • Association Name: St. Andrews Village
  • Phone: 415-292-7476
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport Heights
  • Middle School: Ensign
  • High School: Newport Harbor
  • Elementary School: Newport Heights
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWHEI
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Corners Marked, Landscaped, Level with Street, Level, Near Public Transit, Park Nearby

Multi Family

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

Tax Info

  • Tax Census Tract: 634.00
  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2017
Closed on
Apr 24, 2017
Sold by
Overall Jeffrey P
Bought by
Benes Gretchen L
Seller's Agent
Dominic Tucci
Pacific Sotheby's Int'l Realty
Buyer's Agent
Stephanie Lowe
Compass
List Price
$549,000
Sold Price
$540,000
Premium/Discount to List
-$9,000
-1.64%
Current Estimated Value
$921,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$381,968
Avg. Annual Appreciation
6.60%
Original Mortgage
$486,000
Outstanding Balance
$402,978
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$518,990

Purchase Details

Closed on
Feb 27, 2015
Sold by
Sebastian Charles R and Sebastian Linda B
Bought by
Overall Jeffrey P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2013
Sold by
Sebastian Charles R and Sebastian Linda B
Bought by
Sebastian Charles R and Sebastian Linda B

Purchase Details

Listed on
Jan 27, 2013
Closed on
Feb 20, 2013
Sold by
Arciero Landon and Bouslog Brittany
Bought by
Sebastian Charles R and Sebastian Linda B
Seller's Agent
Susan Burns
Coldwell Banker Realty
Buyer's Agent
Susan Burns
Coldwell Banker Realty
List Price
$399,000
Sold Price
$385,000
Premium/Discount to List
-$14,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%

Purchase Details

Closed on
Feb 20, 2008
Sold by
Elliott David James
Bought by
Arciero Landon and Bouslog Brittany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2003
Sold by
Elliott Barbara Jeanne
Bought by
Elliott David James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 1998
Sold by
Janelle Wiley
Bought by
Elliott David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,600
Interest Rate
6.97%

Purchase Details

Closed on
Aug 9, 1995
Sold by
Rooklidge William C
Bought by
Wiley Janelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
8.37%

Purchase Details

Closed on
Dec 30, 1994
Sold by
Edalatpour Gregory M
Bought by
Edalatpour Gregory M and The Gregory M Edalatpour Living Trust
Source: Public Records

Range of Values:

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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
Benes Gretchen L $540,000 Orange Coast Title Company
Overall Jeffrey P $460,000 Lawyers Title
Sebastian Charles R -- None Available
Sebastian Charles R $385,000 Orange Coast Title Company O
Arciero Landon $505,000 Chicago Title Company
Elliott David James -- California Counties Title Co
Elliott David J $148,000 Benefit Land Title Company
Wiley Janelle $110,000 Chicago Title Co
Edalatpour Gregory M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benes Gretchen L $486,000
Previous Owner Overall Jeffrey P $345,000
Previous Owner Arciero Landon $250,000
Previous Owner Elliott David James $244,000
Previous Owner Elliott David J $140,600
Previous Owner Wiley Janelle $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/25/2017 05/25/17 Sold $540,000 -0.7% $619 / Sq Ft
04/16/2017 04/16/17 Pending -- -- --
04/06/2017 04/06/17 Price Changed $544,000 -0.9% $623 / Sq Ft
03/01/2017 03/01/17 For Sale $549,000 +1.7% $629 / Sq Ft
02/02/2017 02/02/17 Off Market $540,000 -- --
02/27/2013 02/27/13 Sold $385,000 0.0% $375 / Sq Ft View Prior Sale
02/18/2013 02/18/13 Pending -- -- --
02/11/2013 02/11/13 Price Changed $385,000 -3.5% $375 / Sq Ft
01/27/2013 01/27/13 For Sale $399,000 -- $389 / 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 $6,780 $626,713 $567,367 $59,346
2024 $6,780 $614,425 $556,242 $58,183
2023 $6,617 $602,378 $545,335 $57,043
2022 $6,502 $590,567 $534,642 $55,925
2021 $6,378 $578,988 $524,159 $54,829
2020 $6,316 $573,052 $518,785 $54,267
2019 $6,189 $561,816 $508,613 $53,203
2018 $6,066 $550,800 $498,640 $52,160
2017 $5,363 $476,355 $420,143 $56,212
2016 $5,245 $467,015 $411,905 $55,110
2015 $4,502 $394,474 $342,543 $51,931
2014 $4,397 $386,747 $335,833 $50,914
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17022331

California Regional Multiple Listing Service (CRMLS)

APN: 937-220-10