$1,615,000 - $2,443,000
RENTED DEC 16, 2024
3 Beds
3 Baths
1,764 Sq Ft
$1,083 Price per Sq Ft

Last Sold June 21, 2023

Last sale price $1,500,000 $850 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $12,064/month

About This Home

As of June 2023

Nestled within the gated community of "The Summit" in Newport Coast, this stunning townhome boasts 3 bedrooms, 3 bathrooms and an amazing amount of natural light flowing in through the many oversized windows in this incredible home. Recent upgrades include 3 completely remodeled bathrooms with marble floors and showers, custom vanities, custom mirrors, lighting and millwork. The home has new carpeting, new paint on the upper level and much more! The formal two story living room provides exceptional greenbelt views and as you enter the home you'll see the vast array of this home's upgrades. Features include custom engineered wood flooring, a spacious family room, an upgraded kitchen with granite countertops, custom backsplash and stainless steel appliances. The first floor also has a bedroom which could be used as an office as well as a full bathroom. Upstairs you'll find two large primary suites, each with it's on en suite bathroom and walk in closet. The patio area provides more greenbelt views and is a wonderful space to entertain or just relax and unwind. The 2 car garage has direct access to the home and the owner will pay for HOA fees and provide a washer, dryer and refrigerator. No smoking on the premises. Small pet under 25 pounds will be considered. Renter's insurance is required. The Summit Community boasts an impressive assortment of amenities including a sparkling pool and spa, tennis courts, pickleball courts, tot lot, dog park and more! Located in close proximity to excellent schools, Newport Coast Shopping Center, Fashion Island, Corona Del Mar, Crystal Cove, restaurants, neighborhood parks, beaches and local freeways, it just doesn't get better than this. Available immediately...schedule a viewing today!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2024
Closed on
Nov 6, 2024
Sold by
Kallao Franz and Kallao Nicole
Bought by
Naf Trust and Kallao
Seller's Agent
Mitch Mills
OC Pro Property Management
Buyer's Agent
Mitch Mills
OC Pro Property Management
Sold Price
$5,750
Views
76
Current Estimated Value
$1,909,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,904,225

Purchase Details

Closed on
Mar 17, 2023
Sold by
Bae Young Bu and Bae Myung Sook
Bought by
Kallao Franz and Kallao Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2019
Sold by
Bae Young Bu and Bae Myung Sook
Bought by
Bae Young Bu and Bae Myung Sook

Purchase Details

Closed on
Dec 18, 2002
Sold by
Teixeira Carlos and Teixeira Dorothy K
Bought by
Bae Young Bu and Bae Myung Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.03%

Purchase Details

Closed on
Jun 25, 1996
Sold by
Turchi Raymond P and Turchi Susan L
Bought by
Teixeira Carlos and Teixeira Dorothy K

Purchase Details

Closed on
Jun 1, 1994
Sold by
Lewis Homes Of California
Bought by
Turchi Raymond P and Turchi Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,000
Interest Rate
4.7%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Naf Trust -- None Listed On Document
Kallao Franz $1,500,000 Lawyers Title
Bae Young Bu -- None Available
Bae Young Bu $529,000 Lawyers Title Company
Teixeira Carlos $236,000 Orange Coast Title
Turchi Raymond P $246,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kallao Franz $1,125,000
Previous Owner Bae Young Bu $100,000
Previous Owner Turchi Raymond P $221,000
Closed Bae Young Bu $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2024 12/16/24 Rented $5,750 0.0% --
11/21/2024 11/21/24 Price Changed $5,750 -1.7% $3 / Sq Ft
11/05/2024 11/05/24 Price Changed $5,850 -2.4% $3 / Sq Ft
10/17/2024 10/17/24 Price Changed $5,995 -3.3% $3 / Sq Ft
10/05/2024 10/05/24 For Rent $6,200 0.0% --
06/21/2023 06/21/23 Sold $1,500,000 -3.2% $851 / Sq Ft
05/03/2023 05/03/23 Price Changed $1,550,000 -1.6% $879 / Sq Ft
04/20/2023 04/20/23 Price Changed $1,575,000 -1.6% $893 / Sq Ft
03/26/2023 03/26/23 For Sale $1,600,000 -- $908 / Sq Ft

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
2024 $16,121 $1,530,000 $1,299,208 $230,792
2023 $7,674 $736,411 $501,949 $234,462
2022 $7,527 $721,972 $492,107 $229,865
2021 $6,564 $707,816 $482,458 $225,358
2020 $7,291 $700,559 $477,511 $223,048
2019 $7,206 $686,823 $468,148 $218,675
2018 $7,066 $673,356 $458,968 $214,388
2017 $6,936 $660,153 $449,968 $210,185
2016 $6,717 $647,209 $441,145 $206,064
2015 $6,656 $637,488 $434,519 $202,969
2014 $6,813 $625,001 $426,007 $198,994
Source: Public Records

Agents Affiliated with this Home

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