NOT LISTED FOR SALE

Estimated Value: $1,005,849 - $1,137,000

2 Beds
2.5 Baths
1,157 Sq Ft
$320/mo HOA Fee

Last Sold March 29, 2018

Last sale price $579,000 $500 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $6,722/month

84 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Cathedral Ceiling
  • Heinz Kaiser Elementary School Rated A
  • Property is near a park
  • Wood Flooring

About This Home

As of March 2018

1521 August Lane is spacious 2-bedroom/2.5 bath air-conditioned condominium conveniently located in Newport Beach. Upon entering the house into the family room, guests are greeted with high vaulted ceilings and large windows which create a bright and airy feel to the entire first floor. Adjacent and open to the family room is the galley kitchen and breakfast noon which feature abundant storage and countertop space. Sliding glass doors open the breakfast nook to a private backyard patio. An attached 2 car garage rounds out the main floor. On the 2nd floor, you will find the master suite with en-suite bathroom, a second bedroom, and bathroom as well as a large open living space that can be used for a variety of functions. The expansive master suite features two extra-large closets, dual sinks and plenty of natural light. Furnished with updated floors and new windows, this home gives any buyer a turnkey opportunity at a rare price point for Newport Beach as well as a great investment prospect. Enjoy all the amenities of this quiet community such as a pool, spa, sauna as well as close proximity to the Back Bay and some of the best hiking trails, dining, shopping, and attractions Newport Beach has to offer.

Last Agent to Sell the Property

Alexei Sarna

Surterre Properties Inc. License #01980005 Listed on: 12/05/2017

Surterre Properties Inc.

Co-Listed By

Jim Kline

Surterre Properties Inc. License #01171319

Last Buyer's Agent

Yuri Yano

Kasumi Realty, Inc. License #01241367

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,630

Year Built

  • Built in 1979

Lot Details

  • Property fronts a private road
  • Two or More Common Walls

HOA Fees

  • $320 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door

Home Design

  • Turnkey

Interior Spaces

  • 1,157 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Recessed Lighting
  • Decorative Fireplace
  • Double Pane Windows
  • Entryway
  • Family Room Off Kitchen
  • Home Office

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Free-Standing Range
  • Microwave
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio
  • Exterior Lighting
  • Rain Gutters

Location

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

Schools

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

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10303
  • Assessor Parcel Number 93680012

Community Details

Overview

  • 36 Units
  • Newport Glen Association, Phone Number (714) 881-5655

Amenities

  • Sauna

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,630

Year Built

Built in 1979

Lot Details

0

HOA Fees

$320 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Lex Sarna
  • Other Phone Number: 714-317-8018
  • Property Attached: Yes
  • Road Frontage Type: Private Road
  • Subdivision Name Other: Newport Glen (NGLN)
  • View: No
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93680012
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1157.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Recessed Lighting, Tile Counters, Unfurnished
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook
  • Fireplace Features: Decorative
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 500.43
  • Room Type: All Bedrooms Up, Entry, Family Room, Kitchen, Master Bathroom, Master Bedroom, Master Suite, Office, Walk-In Closet
  • Spa Features: Community, Association
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Tile Counters, Walk-In Shower
  • Room Kitchen Features: Kitchen Open To Family Room, Tile Counters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Freezer, Gas Oven, Gas Water Heater, Microwave, Refrigerator, Water Line to Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas Dryer Hookup, In Garage, Washer Hookup, Washer Included
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna
  • Association Fee: 320.00
  • Association Fee Frequency: Monthly
  • Association Name: Newport Glen
  • Phone: 714-881-5655
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit, Park Nearby

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 36
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 631.01
  • Tax Lot: 1
  • Tax Tract Number: 10303

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2017
Closed on
Feb 28, 2018
Sold by
Salina Patricia L
Bought by
Reyes Justin D and Reyes Yuka C
Seller's Agent
Alexei Sarna
Surterre Properties Inc.
Buyer's Agent
Yuri Yano
Kasumi Realty, Inc.
List Price
$599,000
Sold Price
$579,000
Premium/Discount to List
-$20,000
-3.34%
Current Estimated Value
$1,066,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$487,462
Avg. Annual Appreciation
7.09%
Original Mortgage
$521,100
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2016
Sold by
Salina Patricia L and Salina Pattie L
Bought by
Salina Patricia L and Patricia L Salina Revocable Trust

Purchase Details

Closed on
Jan 24, 2000
Sold by
Powell Daniel L
Bought by
Salina Pattie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,920
Interest Rate
8.21%
Source: Public Records

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
Reyes Justin D $579,000 None Available
Salina Patricia L -- None Available
Salina Pattie L $200,000 Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Justin D $100,000
Open Reyes Justin D $505,000
Closed Reyes Justin D $521,100
Previous Owner Salina Patricia L $163,700
Previous Owner Salina Pattie L $199,900
Previous Owner Salina Pattle L $163,000
Previous Owner Salina Pattie $163,600
Previous Owner Salina Pattie L $159,920
Previous Owner Powell Daniel L $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2018 03/29/18 Sold $579,000 0.0% $500 / Sq Ft
02/27/2018 02/27/18 Pending -- -- --
01/17/2018 01/17/18 Price Changed $579,000 -3.3% $500 / Sq Ft
12/05/2017 12/05/17 For Sale $599,000 -- $518 / 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 $7,630 $658,800 $554,182 $104,618
2024 $7,630 $645,883 $543,316 $102,567
2023 $7,420 $633,219 $532,663 $100,556
2022 $7,266 $620,803 $522,218 $98,585
2021 $7,112 $608,631 $511,979 $96,652
2020 $7,030 $602,391 $506,730 $95,661
2019 $6,881 $590,580 $496,794 $93,786
2018 $3,423 $270,017 $160,091 $109,926
2017 $3,368 $264,723 $156,952 $107,771
2016 $3,299 $259,533 $153,875 $105,658
2015 $3,266 $255,635 $151,564 $104,071
2014 $3,194 $250,628 $148,595 $102,033
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17269895

California Regional Multiple Listing Service (CRMLS)

APN: 936-800-12