$1,716,000 - $2,164,000
RENTED DEC 16, 2024
3 Beds
3 Baths
1,764 Sq Ft
1,002 Sq Ft Lot

Last Sold June 21, 2023

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

Est. 32% increase in value since last sale

Current estimated payment $11,816/month

Highlights

  • Private Pool
  • View of Trees or Woods
  • High Ceiling
  • Newport Coast Elementary School Rated A
  • Two Way Fireplace
  • Tennis Courts

About This Home

As of December 2024

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!

Last Agent to Rent the Property

Mitch Mills

OC Pro Property Management Brokerage Phone: 714-809-0304 License #01851578 Listed on: 10/05/2024

Co-Listed By

Jennifer Souter

OC Pro Property Management Brokerage Phone: 714-809-0304 License #01911716

Last Renter's Agent

Mitch Mills

OC Pro Property Management Brokerage Phone: 714-809-0304 License #01851578 Listed on: 10/05/2024

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,121

Year Built

  • Built in 1995

Lot Details

  • 1,002

Parking

  • 2 Car Attached Garage

Property Views

  • Woods
  • Park or Greenbelt

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,764 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Two Way Fireplace
  • Family Room
  • Living Room with Fireplace

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $6,500
  • Rent includes association dues
  • Available 10/4/24
  • Tax Lot 1
  • Tax Tract Number 14588
  • Assessor Parcel Number 93646097

Community Details

Overview

  • Property has a Home Owners Association
  • Front Yard Maintenance
  • 150 Units
  • Summit Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit $500
  • Breed Restrictions

Condo Details

Home Type

Condominium

Est. Annual Taxes

$16,121

Year Built

Built in 1995

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2024-10-04
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 6500
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Number Limit, Size Limit, Yes
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Other Phone Description: Mark Dasher
  • Other Phone Number: 714.215.2243
  • Property Attached: Yes
  • Subdivision Name Other: Summit (NRSU)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93646097
  • Year Built: 1995
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1764.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), High Ceilings
  • Stories: 2
  • Entry Location: Ground Level
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room, Two Way
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.26
  • Room Type: Family Room, Kitchen, Living Room, Walk-In Closet
  • Spa Features: Private

Exterior Features

  • View: Park/Greenbelt, Trees/Woods
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Microwave
  • Heating Type: Central
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pickleball, Pool, Spa/Hot Tub, Barbecue, Tennis Court(s), Maintenance Front Yard
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 1000.00
  • Lot Size Acres: 0.0230

Multi Family

  • Insurance Water Furniture: Yes
  • Lot Size Area: 1000.0000 Square Feet
  • Number Of Units In Community: 150
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Census Tract: 626.45
  • Tax Lot: 1
  • Tax Tract Number: 14588

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
$1,975,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,969,734

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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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 List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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
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 $16,121 $1,560,600 $1,325,193 $235,407
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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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24206915

California Regional Multiple Listing Service (CRMLS)

APN: 936-460-97