NOT LISTED FOR SALE

Estimated Value: $914,217 - $931,000

3 Beds
2.5 Baths
1,129 Sq Ft
$550/mo HOA Fee

Last Sold November 10, 2020

Last sale price $610,000 $540 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $6,181/month

12 Days on Market

Highlights

  • Ocean View
  • Spa
  • Primary Bedroom Suite
  • Victoria Elementary School Rated A-
  • No Units Above
  • 3-minute walk to Marina View Park

About This Home

As of November 2020

Luxurious Newport Beach – PRICED TO SELL! Reviewing offers this weekend! TURNKEY and UPDATED 3-bedroom, 2.5-bathroom home located in sought-after Newport Terrace, just steps from Canyon Park and Talbert Nature Preserve, and just over a mile from the beach. Enjoy hiking trails, wildlife and a bike path that leads straight to the sand. This is THE CLOSEST 3-bedroom available to the ocean for this price in North Orange County (and NOT on leased land)! Upgrades include engineered hardwood floors, new furnace, new water heater, new paint, and finished garage. Move right in – REFRIGERATOR, WASHER, DRYER INCLUDED! Quiet, private location offering peek-a-boo views of Catalina and the ocean from two of the bedrooms. Modern farmhouse style kitchen with stainless steel appliances. Open layout living/dining area with recessed lighting and fireplace with mantle and subway tile finish. Sun-filled patio with cool concrete finish and direct access to garage and carport. Master suite has 2 closets, including a walk-in closet, wood beam ceilings, and an updated master bathroom with walk-in shower. There are 2 more airy bedrooms with ocean breezes and a hall bathroom that has been beautifully updated too. SMART HOME features include Ring doorbell and Nest thermostat. HOA covers landscaping/grounds and offers fine amenities including a pool, spa, sport court and BBQ area. Pet-friendly complex! Great access to freeways, beaches, shops, restaurants and John Wayne Airport. FHA/VA approved.

Last Agent to Sell the Property

Holly McDonald

Compass Newport Beach License #01892567 Listed on: 10/01/2020

Compass Newport Beach

Last Buyer's Agent

Alex Pirro

Kase Real Estate License #01773134

Kase Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,372

Year Built

  • Built in 1973 | Remodeled

Lot Details

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

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Carport
  • Parking Available
  • Single Garage Door

Property Views

  • Ocean
  • Catalina
  • City Lights
  • Peek-A-Boo
  • Neighborhood

Home Design

  • Turnkey

Interior Spaces

  • 1,129 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Ocean Side of Freeway
  • Patio
  • Exterior Lighting

Additional Features

  • Suburban Location
  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 7989
  • Assessor Parcel Number 93338017

Community Details

Overview

  • 281 Units
  • Newport Terrace Association, Phone Number (949) 716-3998
  • Powerstone HOA
  • Newport Terrace Subdivision
  • Maintained Community
  • Property is near a preserve or public land

Recreation

  • Sport Court
  • Community Pool
  • Community Spa
  • Hiking Trails
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,372

Year Built

Built in 1973 | Remodeled

Lot Details

0

HOA Fees

$550 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Refrigerator, washer/dryer, Ring doorbell, Nest thermostat
  • Property Attached: Yes
  • Subdivision Name Other: Newport Terrace (NEWT)
  • View: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93338017
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1129.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Open Floorplan, Recessed Lighting
  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room, In Living Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 540.30
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Master Suite, Walk-In Closet
  • Spa Features: Association
  • Bathroom Features: Shower In Tub, Granite Counters, Remodeled, Walk-In Shower
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • View: Catalina, City Lights, Neighborhood, Ocean, Peek-A-Boo
  • Patio And Porch Features: Patio
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Garage - Single Door
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sport Court, Biking Trails, Hiking Trails, Maintenance Grounds, Pets Permitted
  • Association Fee: 550.00
  • Association Fee Frequency: Monthly
  • Association Name: Newport Terrace
  • Phone: 9497163998
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Hiking, Preserve/Public Land, Sidewalks, Street Lights, Suburban
  • Association Management: Powerstone

Schools

  • School District: Newport Mesa Unified

Lot Info

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

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 281
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Census Tract: 636.01
  • Tax Lot: 1
  • Tax Tract Number: 7989

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2024
Sold by
Bauerlein Vincent A and Bauerlein Shirin S
Bought by
Bauerlein Family Trust and Bauerlein
Current Estimated Value
$916,245

Purchase Details

Listed on
Oct 1, 2020
Closed on
Oct 17, 2020
Sold by
Kailas Aravind S and Kailas Ramya
Bought by
Bauerlein Vincent and Sedaghat Shirin
Seller's Agent
Holly McDonald
Compass Newport Beach
Buyer's Agent
Alex Pirro
Kase Real Estate
List Price
$599,900
Sold Price
$610,000
Premium/Discount to List
$10,100
1.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.81%
Original Mortgage
$579,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 25, 2016
Closed on
Sep 20, 2016
Sold by
Perez Celia
Bought by
Kailas Aravind S
Seller's Agent
Rosario Castro
Raymond Castro Realty Group
Buyer's Agent
Holly McDonald
Compass Newport Beach
List Price
$550,000
Sold Price
$510,000
Premium/Discount to List
-$40,000
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.53%
Original Mortgage
$382,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 20, 2015
Closed on
Sep 21, 2015
Sold by
Somphou Allison
Bought by
Perez Celia
Seller's Agent
Brandon Yager
Yager Realty Of California
Buyer's Agent
Raymond Castro
Raymond Castro Realty Group
List Price
$499,000
Sold Price
$495,000
Premium/Discount to List
-$4,000
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.83%
Original Mortgage
$445,500
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2004
Sold by
Lancaster Edward
Bought by
Somphou Allison T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,400
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2002
Sold by
Welch William H and Welch Sherry A
Bought by
Lancaster Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.13%

Purchase Details

Closed on
Feb 23, 1995
Sold by
Transamerica Financial Services 0422
Bought by
Welch William H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,450
Interest Rate
9.09%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 30, 1994
Sold by
American Securities Company
Bought by
Transamerica Financial Services
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
Bauerlein Family Trust -- None Listed On Document
Bauerlein Vincent A -- None Listed On Document
Bauerlein Vincent $610,000 Lawyers Title Company
Kailas Aravind S -- Lawyers Title Company
Kailas Aravind S $510,000 Ticor Title Co
Perez Celia $495,000 California Title Company
Somphou Allison T $433,000 First American Title Ins Co
Lancaster Edward $250,000 Commerce Title
Welch William H $135,000 Orange Coast Title
Transamerica Financial Services $94,119 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bauerlein Vincent $579,500
Previous Owner Kailas Aravind S $382,500
Previous Owner Perez Celia $445,500
Previous Owner Somphou Allison $100,000
Previous Owner Somphou Allison T $346,400
Previous Owner Lancaster Edward $56,500
Previous Owner Lancaster Edward $43,500
Previous Owner Lancaster Edward $248,000
Previous Owner Lancaster Edward $200,000
Previous Owner Welch William H $130,450
Closed Lancaster Edward $50,000
Closed Lancaster Edward $12,000
Closed Somphou Allison T $86,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2020 11/10/20 Sold $610,000 0.0% $540 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
10/13/2020 10/13/20 Price Changed $610,000 +1.7% $540 / Sq Ft
10/01/2020 10/01/20 For Sale $599,900 +17.6% $531 / Sq Ft
10/26/2016 10/26/16 Sold $510,000 -5.5% $452 / Sq Ft
09/16/2016 09/16/16 Pending -- -- --
08/09/2016 08/09/16 Price Changed $539,950 -1.8% $478 / Sq Ft
07/25/2016 07/25/16 For Sale $550,000 +11.1% $487 / Sq Ft
10/02/2015 10/02/15 Sold $495,000 -0.8% $422 / Sq Ft
09/04/2015 09/04/15 Pending -- -- --
08/20/2015 08/20/15 For Sale $499,000 -- $425 / 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 $7,372 $660,282 $584,397 $75,885
2024 $7,372 $647,336 $572,938 $74,398
2023 $7,317 $634,644 $561,704 $72,940
2022 $7,115 $622,200 $550,690 $71,510
2021 $6,778 $610,000 $539,892 $70,108
2020 $5,980 $541,216 $472,789 $68,427
2019 $5,861 $530,604 $463,518 $67,086
2018 $5,745 $520,200 $454,429 $65,771
2017 $5,643 $510,000 $445,518 $64,482
2016 $5,539 $495,000 $429,267 $65,733
2015 $4,919 $441,000 $369,290 $71,710
2014 $4,223 $377,175 $305,465 $71,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20205802

California Regional Multiple Listing Service (CRMLS)

APN: 933-380-17