NOT LISTED FOR SALE

182 Villa Point Dr Newport Beach, CA 92660

Estimated Value: $1,256,000 - $1,397,000

2 Beds
2 Baths
1,255 Sq Ft
$450/mo HOA Fee

Last Sold January 03, 2019

Last sale price $795,000 $633 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $8,316/month

45 Days on Market

Highlights

  • Fitness Center
  • Spa
  • Primary Bedroom Suite
  • Abraham Lincoln Elementary School Rated A
  • No Units Above
  • Gated Community

About This Home

As of January 2019

Gorgeous remodeled luxury condominium in the prestigious gated community of Villa Point. Enjoy resort-style living near Newport Beach Country Club, Balboa Island, Fashion Island, Corona del Mar, and the Upper Newport Bay Nature Preserve and Ecological Reserve. This elegant home features a beautifully remodeled kitchen including custom cabinets, granite counters, travertine backsplash, stainless steel appliances, and recessed lighting. Dining area off the kitchen with built-in custom cabinets including granite counter and lighted glass display. High vaulted ceilings span the open living room and dining area. Spacious living room features a gas fireplace and sliding doors leading out to your own large private balcony with pool view. Two spacious master suites including two walk-in closets with organizers. Both bathrooms have also been remodeled with matching custom cabinets, granite counters, and gorgeous tilework. Full-size laundry inside the home and central air conditioning. The Villa Point Community offers two swimming pools heated year-round, two spas, two fitness centers, a clubhouse, and barbecue/picnic areas at the pools. Feel like you're on vacation every day, enjoying the cool ocean breezes, swaying palm trees and gorgeous sunsets, right in the heart of Newport Beach!

Last Agent to Sell the Property

Jack Elitzak

The Elitzak Group License #00654201 Listed on: 11/05/2018

Co-Listed By

Mike Elitzak

The Elitzak Group License #01461949

Last Buyer's Agent

Brent Ballard

Anderson Ballard Companies License #01297151

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,537

Year Built

  • Built in 1991 | Remodeled

Lot Details

  • No Units Above
  • Two or More Common Walls
  • Cul-De-Sac

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 1,255 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Sliding Doors
  • Panel Doors
  • Living Room with Fireplace
  • Dining Room
  • Pool Views

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Mirrored Closets Doors
  • Remodeled Bathroom
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

Outdoor Features

  • Spa
  • Balcony
  • Patio
  • Exterior Lighting
  • Front Porch

Schools

  • Lincoln Elementary School
  • Corona Del Mar Middle School
  • Corona Del Mar High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 14055
  • Assessor Parcel Number 93963719

Community Details

Overview

  • 228 Units
  • Stonekastle Community Management Association, Phone Number (714) 395-5245

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Meeting Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,537

Year Built

Built in 1991 | Remodeled

Lot Details

0

HOA Fees

$450 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Villa Point (VILP)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93963719
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1255.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Open Floorplan, Pantry, Recessed Lighting
  • Common Walls: 2+ Common Walls, No One Above
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Mirror Closet Door(s), Panel Doors, Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar, Dining Room
  • Entry Level: 2
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 633.47
  • Room Type: Kitchen, Living Room, Master Bathroom, Master Bedroom, Master Suite, Two Masters, Walk-In Closet
  • Spa Features: Association, Community
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Exhaust Fan(s), Granite Counters, Remodeled, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Pool
  • Patio And Porch Features: Patio, Front Porch
  • Pool Features: Association, Community
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Oven, Disposal, Microwave, Refrigerator, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, In Closet, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Gym/Ex Room, Clubhouse, Meeting Room, Trash, Pet Rules, Pets Permitted, Controlled Access
  • Association Fee: 450.00
  • Association Fee Frequency: Monthly
  • Association Name: StoneKastle Community Management
  • Phone: 714-395-5245
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Lincoln
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • Elementary School: Lincoln
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • Elementary School #2: LINCOL
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 228
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 630.08
  • Tax Lot: 1
  • Tax Tract Number: 14055

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2018
Closed on
Dec 26, 2018
Sold by
Lazzetta Frank Dennis and The Frank D Lazzetta Revocable
Bought by
Vistapointe Capital Management Llc
Seller's Agent
Jack Elitzak
The Elitzak Group
Buyer's Agent
Brent Ballard
Anderson Ballard Companies
List Price
$849,500
Sold Price
$795,000
Premium/Discount to List
-$54,500
-6.42%
Current Estimated Value
$1,307,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$512,903
Avg. Annual Appreciation
7.26%

Purchase Details

Closed on
Mar 7, 2018
Sold by
Iazzetta Frank D
Bought by
Iazzetta Frank Dennis and Frank D Iazzetta Revocable Tru

Purchase Details

Closed on
Apr 24, 2009
Sold by
Nima Mehyar
Bought by
Lazzetta Frank D and Lazzetta Diane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 2006
Sold by
Nima Mehyar
Bought by
Nima Mehyar and Mehyar Nima Trust
Source: Public Records

Range of Values:

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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
Vistapointe Capital Management Llc $795,000 First American Title Company
Iazzetta Frank Dennis -- None Available
Lazzetta Frank D $590,000 Equity Title Orange County-I
Nima Mehyar -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Iazzetta Frank D $324,500
Previous Owner Lazzetta Frank D $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2019 01/03/19 Sold $795,000 -0.6% $633 / Sq Ft
12/20/2018 12/20/18 Pending -- -- --
12/13/2018 12/13/18 Price Changed $799,500 -5.9% $637 / Sq Ft
11/05/2018 11/05/18 For Sale $849,500 -- $677 / 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 $9,537 $886,834 $710,234 $176,600
2024 $9,537 $869,446 $696,308 $173,138
2023 $9,311 $852,399 $682,655 $169,744
2022 $9,154 $835,686 $669,270 $166,416
2021 $8,980 $819,300 $656,147 $163,153
2020 $8,954 $810,900 $649,419 $161,481
2019 $7,639 $681,095 $501,236 $179,859
2018 $7,418 $667,741 $491,408 $176,333
2017 $7,290 $654,649 $481,773 $172,876
2016 $7,133 $641,813 $472,326 $169,487
2015 $7,139 $632,173 $465,231 $166,942
2014 $6,976 $619,790 $456,118 $163,672
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18266747

California Regional Multiple Listing Service (CRMLS)

APN: 939-637-19