NOT LISTED FOR SALE

Estimated Value: $2,081,826 - $2,455,000

3 Beds
3 Baths
1,515 Sq Ft
2,736 Sq Ft Lot

Last Sold May 07, 2019

Last sale price $1,350,000 $891 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $13,285/month

15 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Open Floorplan
  • Newport Elementary School Rated A
  • Updated Kitchen
  • 1-minute walk to 38th Street Park

About This Home

As of May 2019

Huge Price Improvement!! Just Like New! Building was built in 2006 and was renovated in 2018. Newport Beach Peninsula FRONT UNIT Condo. Just steps to the sand and world class surfing. Open floor plan with indoor & outdoor entertainment. Enjoy your dinner in your own private 350 sqft front patio or watch the sunset by the fire-pit in your large 400 sqft roof top deck with complete privacy. High-End Remodeled Large 3 bedrooms, 3 bathrooms with over 1,500 square foot living space. Kitchen, 1 bedroom & bathroom on main floor. Kitchen has Oversize Island with waterfall design quartz counter tops, Stainless steel KitchenAid Appliances and Shaker style cabinets with a large pantry. State-of-the-art master bathroom with Marble top dual sink vanities, Frame-less shower door and Designer rain fall Shower with body jets. Plenty of room for entertainment with Private Front Patio and Peek-a-boo Ocean View deck with bbq gas hook-up. One car attached garage and a carport for convenient parking in the back. All street wiring will be underground soon. Located across the street from a park and with no neighbors in the front. A short walk to local hot-spots, gorgeous revamped Lido Village, Nobu, Newport Pier and all the restaurants and shopping Newport Beach has to offer! This condo is also zoned for vacation rentals, This is an ideal enjoyment/investment opportunity with over $100k annually in potential revenue. Condo comes furnished per buyer's request. Seller can provide private financing

Last Agent to Sell the Property

Ali Askari

Askari Realty License #01936797 Listed on: 03/28/2019

Last Buyer's Agent

Sameh Soliman

Royal Pacific Funding Corp. License #01032503

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,624

Year Built

  • Built in 2006

Lot Details

  • 1 Common Wall
  • Vinyl Fence
  • Wood Fence
  • Block Wall Fence
  • Fence is in good condition
  • Private Yard

Parking

  • 2 Car Attached Garage
  • 1 Attached Carport Space
  • Parking Available
  • Rear-Facing Garage

Property Views

  • Ocean
  • City Lights
  • Peek-A-Boo
  • Mountain

Home Design

  • Patio Home
  • Turnkey
  • Shingle Roof
  • Copper Plumbing

Interior Spaces

  • 1,515 Sq Ft Home
  • Open Floorplan
  • Partially Furnished
  • Recessed Lighting
  • Double Pane Windows
  • Living Room with Attached Deck
  • Wood Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Gas Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Quartz Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower
  • Closet In Bathroom

Home Security

Eco-Friendly Details

  • Energy-Efficient Lighting

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters
  • Front Porch

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 7001
  • Assessor Parcel Number 93394109

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,624

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • Subdivision Name Other: Newport Island (NEWI)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93394109
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1515.00 Square Feet
  • Interior Amenities: Copper Plumbing Full, Granite Counters, Living Room Deck Attached, Open Floorplan, Pantry, Partially Furnished, Recessed Lighting
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 891.09
  • Room Type: Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Closet In Bathroom, Double Sinks In Master Bath, Quartz Counters, Remodeled, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Quartz Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • View: City Lights, Mountain(s), Ocean, Peek-A-Boo
  • Fence: Yes
  • Fencing: Block, Good Condition, Vinyl, Wood
  • Patio And Porch Features: Concrete, Deck, Front Porch, Roof Top
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Attached Carport, Concrete, Garage Faces Rear, Private
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator
  • Heating Type: Central, Natural Gas
  • Laundry Features: Common Area, Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Newport Mesa Unified

Green Features

  • Efficiency: Lighting

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Patio Home, Yard
  • Lot Size Sq Ft: 2735.00
  • Lot Size Acres: 0.0628

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2735.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 635.00
  • Tax Lot: 1
  • Tax Tract Number: 07001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2019
Closed on
Apr 17, 2019
Sold by
South County Estates Inc
Bought by
Soliman Sameh and Soliman Nadine
Seller's Agent
Ali Askari
Askari Realty
Buyer's Agent
Sameh Soliman
Royal Pacific Funding Corp.
List Price
$1,399,000
Sold Price
$1,350,000
Premium/Discount to List
-$49,000
-3.5%
Current Estimated Value
$2,268,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$918,957
Avg. Annual Appreciation
8.34%
Original Mortgage
$877,500
Outstanding Balance
$769,909
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$1,499,048

Purchase Details

Closed on
Apr 24, 2018
Sold by
Quality Loan Serives Corporation
Bought by
South County Estates Inc

Purchase Details

Closed on
Jul 12, 2006
Sold by
209 38Th Street Llc
Bought by
Morales Edmund and Morales Consuelo M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
7.62%
Mortgage Type
New Conventional
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
Soliman Sameh $1,350,000 Lawyers Title
South County Estates Inc $1,188,000 Lawyers Title
Morales Edmund $1,300,000 New Century Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soliman Sameh $877,500
Previous Owner Morales Edmund $975,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2019 05/07/19 Sold $1,350,000 -3.5% $891 / Sq Ft
03/28/2019 03/28/19 For Sale $1,399,000 -- $923 / 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 $16,624 $1,505,948 $1,198,851 $307,097
2024 $16,624 $1,476,420 $1,175,344 $301,076
2023 $16,257 $1,447,471 $1,152,298 $295,173
2022 $15,948 $1,419,090 $1,129,704 $289,386
2021 $15,662 $1,391,265 $1,107,553 $283,712
2020 $15,526 $1,377,000 $1,096,197 $280,803
2019 $13,776 $1,211,760 $944,241 $267,519
2018 $15,589 $1,450,000 $1,158,212 $291,788
2017 $15,540 $1,450,000 $1,158,212 $291,788
2016 $14,596 $1,358,000 $1,066,212 $291,788
2015 $10,293 $943,000 $651,212 $291,788
2014 $9,205 $844,000 $552,212 $291,788
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19028750

California Regional Multiple Listing Service (CRMLS)

APN: 933-941-09