NOT LISTED FOR SALE

Estimated Value: $2,620,041 - $2,711,000

3 Beds
3.5 Baths
2,675 Sq Ft
$387/mo HOA Fee

Last Sold May 29, 2024

Last sale price $2,575,000 $963 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $16,638/month

1 Day on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Dual Staircase
  • Mariners Elementary School Rated A
  • City Lights View
  • Wood Flooring

About This Home

As of May 2024

Practically new construction with mind-boggling upgrades that goes to Mariner's Elementary School for a fraction of the price of Dover Shores! This home was the model home in this community meaning it comes with all the upgrades, bells and whistles! This property is stunning, and the furniture is negotiable! This premium property in The Cay at Mariners Shores is not only perfectly located in a highly desirable and central section of Newport Beach, but it will dazzle you with its finishes. A spacious 2,675 sq ft that is open and bright. Overlooking the gorgeous community pool and hot tub will set you up to make a splash this summer. Come enjoy the 3 beds and 3.5 baths that this townhouse has to offer. The 3rd floor bonus room is spectacular and perfect for entertaining. This home makes you feel like you are on a dream vacation. After seeing this property in person, it will have you saying, "Pinch me, is this real life”?

Last Agent to Sell the Property

George Hanold

Times Real Estate CA License #01446306 Listed on: 04/06/2024

Co-Listed By

Regan Beegle

Times Real Estate CA License #01736778

Last Buyer's Agent

Farah Modarres

Select Homes & Investments In License #01364987

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $24,977

Year Built

  • Built in 2021

HOA Fees

  • $387 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 1 Open Parking Space
  • Parking Available
  • Two Garage Doors

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Turnkey

Interior Spaces

  • 2,675 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Bar
  • Beamed Ceilings
  • Bonus Room
  • Game Room
  • Wood Flooring

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Exterior Lighting

Schools

  • Mariners Elementary School
  • Horace Ensign Middle School
  • Newport Harbor High School

Additional Features

  • Two or More Common Walls
  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 18135
  • Assessor Parcel Number 93059293

Community Details

Overview

  • 100 Units
  • Mariners Shores Association, Phone Number (949) 367-9430

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill

Recreation

  • Community Pool
  • Community Spa
  • Park
  • Hiking Trails
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$24,977

Year Built

Built in 2021

Lot Details

0

HOA Fees

$387 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Mariner Shores
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93059293
  • Year Built: 2021
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2675.00 Square Feet
  • Interior Amenities: 2 Staircases, Bar, Beamed Ceilings
  • Stories: 2
  • Entry Location: Front
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 962.62
  • Room Type: All Bedrooms Up, Bonus Room, Game Room, Kitchen, Primary Bedroom, Primary Suite, Walk-In Closet
  • Spa Features: Association
  • Bathroom Features: Bathtub, Shower, Shower In Tub
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • View: City Lights, Neighborhood
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage - Two Door
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave
  • Heating Type: Central, Zoned
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area
  • Association Fee: 386.58
  • Association Fee Frequency: Monthly
  • Association Name: Mariners Shores
  • Phone: 949-367-9430
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Hiking, Park, Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Mariners
  • Middle School: Horace Ensign
  • High School: Newport Harbor
  • Elementary School: Mariners
  • High School: Newport Harbor
  • Middle Or Junior School: Horace Ensign
  • Elementary School #2: MARINE
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 100
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 18135

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2024
Closed on
Apr 11, 2024
Sold by
T S Walker Separate Property Trust and Walker Terri Smith
Bought by
Jadali Jonathan
Seller's Agent
George Hanold
Times Real Estate CA
Buyer's Agent
Farah Modarres
Select Homes & Investments In
List Price
$2,590,000
Sold Price
$2,575,000
Premium/Discount to List
-$15,000
-0.58%
Total Days on Market
1
Views
23
Current Estimated Value
$2,670,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,014
Avg. Annual Appreciation
3.65%
Original Mortgage
$2,000,000
Interest Rate
7.1%
Mortgage Type
New Conventional
Source: Public Records

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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
Jadali Jonathan $2,575,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jadali Jonathan $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2024 05/29/24 Sold $2,575,000 -0.6% $963 / Sq Ft
04/07/2024 04/07/24 Pending -- -- --
04/06/2024 04/06/24 For Sale $2,590,000 0.0% $968 / Sq Ft
05/31/2023 05/31/23 Rented $10,000 0.0% --
05/30/2023 05/30/23 Under Contract -- -- --
05/16/2023 05/16/23 Price Changed $10,000 -4.8% $4 / Sq Ft
05/12/2023 05/12/23 Price Changed $10,500 -16.0% $4 / Sq Ft
04/20/2023 04/20/23 For Rent $12,500 -- --
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
2024 $24,977 $2,336,820 $1,707,496 $629,324
2023 $24,392 $2,291,000 $1,674,015 $616,985
2022 $12,664 $1,169,475 $599,298 $570,177
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24067629

California Regional Multiple Listing Service (CRMLS)

APN: 930-592-93