NOT LISTED FOR SALE

Estimated Value: $961,000 - $1,130,224

2 Beds
2 Baths
1,050 Sq Ft
$986/Sq Ft Est. Value

Last Sold January 18, 2022

Last sale price $740,000 $705 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $6,444/month

Highlights

  • Private Pool
  • City Lights View
  • Deck
  • Abraham Lincoln Elementary School Rated A
  • Clubhouse
  • Stone Countertops

About This Home

As of May 2022

Located next to the Port Streets and hidden within the prestigious Corona Del Mar area of Newport Beach, this newly remodeled 2-bedroom 2 bath townhouse offers one of the best locations in the city. A short bike ride to the beach and within walking distance to Fashion Island, Rogers Garden's, amazing restaurants, and Gelson's Market. The residence features a large deck off the living area/kitchen, which highlights the new finishings quite well. The open floor plan allows boundless natural light into the living quarters, perfect for entertaining family and friends. The location is on a large greenbelt with an abundance of trees and greenery that gives a welcoming feeling to the community common areas. The neighborhood boasts one of the best school districts in Orange County with Lincoln Elementary within walking distance. Beautiful community pool, hot tub, and clubhouse all included with the HOA amenities. 12 Month Lease unfurnished. Water Trash Included. Pets OK.

Last Agent to Rent the Property

Artie Dorr

Balboa Realty License #01899740 Listed on: 05/10/2022

Co-Listed By

Harmony Sparks

Balboa Realty License #02030168

Last Renter's Agent

Artie Dorr

Balboa Realty License #01899740 Listed on: 05/10/2022

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,153

Year Built

  • Built in 1984 | Remodeled

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Two Garage Doors
  • Guest Parking

Home Design

  • Turnkey

Interior Spaces

  • 1,050 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Vinyl Flooring
  • City Lights Views

Kitchen

  • Open to Family Room
  • Gas Range
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Deck
  • Wood Patio
  • Exterior Lighting

Schools

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

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage

Additional Features

  • Accessible Parking
  • Two or More Common Walls
  • Suburban Location

Listing and Financial Details

  • Security Deposit $5,495
  • Rent includes association dues, sewer, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 5/10/22
  • Tax Lot 3
  • Tax Tract Number 11935
  • Assessor Parcel Number 93404061

Community Details

Overview

  • Property has a Home Owners Association
  • 50 Units
  • Harbor Woods Association
  • Harbor Woods Subdivision
  • Greenbelt

Recreation

  • Community Pool
  • Community Spa
  • Hiking Trails

Pet Policy

  • Pet Deposit $500
  • Dogs and Cats Allowed

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,153

Year Built

Built in 1984 | Remodeled

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2022-05-10
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Pets: 500
  • Deposit Security: 5495
  • Furnished: Unfurnished
  • Pets Allowed: Call, Cats OK, Dogs OK, Yes
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: 949-872-1417
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Harbor Woods (HRWD)
  • View: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Townhouse
  • Property Type: Residential Lease
  • Parcel Number: 93404061
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1050.00 Square Feet
  • Interior Amenities: Recessed Lighting, Unfurnished
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 5.23
  • Room Type: All Bedrooms Up
  • Spa Features: Private, Association, Community
  • Bathroom Features: Remodeled
  • Room Kitchen Features: Kitchen Open To Family Room, Stone Counters

Exterior Features

  • Patio: Yes
  • View: City Lights
  • Patio And Porch Features: Deck, Wood
  • Pool Features: Private, Association, Community
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage - Two Door, Guest
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Clubhouse
  • Association Name: Harbor Woods
  • Senior Community: No
  • Community Features: Hiking, Sidewalks, Storm Drains, Street Lights, Suburban

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
  • Lot Features: Greenbelt

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Management Co: Balboa Property Management
  • Management Co Phone: 949-500-9832
  • Number Of Units In Community: 50
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Sewer, Trash Collection, Water

Tax Info

  • Tax Census Tract: 626.58
  • Tax Lot: 3
  • Tax Tract Number: 11935

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2022
Closed on
Jan 4, 2022
Sold by
Porter Trust
Bought by
Michael R Nabati Irrevocable Living Trust
Seller's Agent
Colleen Swinney
Compass
Buyer's Agent
Lori Black
Compass
List Price
$740,000
Sold Price
$740,000
Current Estimated Value
$1,035,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,556
Avg. Annual Appreciation
9.42%
Original Mortgage
$480,000
Interest Rate
3.05%
Mortgage Type
New Conventional
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
Michael R Nabati Irrevocable Living Trust $740,000 Clearmark Title
Michael R Nabati Irrevocable Living Trust $740,000 Clearmark Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guleria Pushpinder S $649,600
Closed Michael R Nabati Irrevocable Living Trust $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2022 05/25/22 Rented $5,495 0.0% --
05/10/2022 05/10/22 For Rent $5,495 0.0% --
01/19/2022 01/19/22 For Sale $740,000 0.0% $705 / Sq Ft
01/18/2022 01/18/22 Sold $740,000 -- $705 / Sq Ft
12/22/2021 12/22/21 Pending -- -- --
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 $10,153 $946,560 $812,655 $133,905
2024 $10,153 $928,000 $796,720 $131,280
2023 $8,288 $754,800 $632,326 $122,474
2022 $3,448 $300,229 $166,958 $133,271
2021 $3,383 $294,343 $163,685 $130,658
2020 $3,349 $291,325 $162,006 $129,319
2019 $3,285 $285,613 $158,829 $126,784
2018 $3,221 $280,013 $155,714 $124,299
2017 $3,164 $274,523 $152,661 $121,862
2016 $3,095 $269,141 $149,668 $119,473
2015 $3,063 $265,099 $147,420 $117,679
2014 $2,990 $259,907 $144,533 $115,374
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22097453

California Regional Multiple Listing Service (CRMLS)

APN: 934-040-61