NOT LISTED FOR SALE

Estimated Value: $1,263,000 - $1,482,000

2 Beds
2 Baths
1,212 Sq Ft
1,211 Sq Ft Lot

Last Sold June 01, 2012

Last sale price $455,000 $375 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $7,593/month

Highlights

  • Spa
  • Gated Community
  • Wood Flooring
  • Newport Coast Elementary School Rated A
  • Open Floorplan
  • Mediterranean Architecture

About This Home

As of July 2023

Fantastic upgraded 2 bedroom condo is meticulously maintained in the highly desirable gated community of The Summit. This luxurious home boasts a light and bright floorplan with the dining room open to the kitchen and living room with fireplace. This serene unit has dark wood floors throughout, plantation shutters, and spacious bedrooms. The master is generously sized with an expansive master bathroom including dual sinks. It offers interior laundry with washer and dryer included. Ideal two car garage adjacent to unit. The community amenities include pool, spa, greenbelts, playground, biking paths, and beautiful gardens. This community is conveniently located near Corona del Mar, Crystal Cove, Fashion Island, John Wayne Airport, Newport Coast Shopping Center, and Newport Coast Community Center. Great landlords looking for great tenants. Washer, dryer, and refrigerator included.

Last Agent to Rent the Property

Lara Langford

Surterre Properties Inc. License #01856638 Listed on: 05/10/2023

Surterre Properties Inc.

Last Renter's Agent

Lara Langford

Surterre Properties Inc. License #01856638 Listed on: 05/10/2023

Surterre Properties Inc.

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1994

Lot Details

  • Two or More Common Walls
  • Landscaped

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 1,212 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Living Room with Fireplace
  • Living Room Balcony
  • Wood Flooring
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Spa
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $3,800
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 8/1/23
  • Tax Lot 9
  • Tax Tract Number 14588
  • Assessor Parcel Number 93646203

Community Details

Overview

  • Property has a Home Owners Association
  • 200 Units
  • Summit Subdivision

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pet Deposit $500
  • Breed Restrictions

Security

  • Gated Community

Condo Details

Home Type

Condominium

Year Built

Built in 1994

Lot Details

1,211 Sq Ft Lot

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2023-08-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Pets: 500
  • Deposit Security: 3800
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Summit (NRSU)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93646203
  • Year Built: 1994
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1212.00 Square Feet
  • Interior Amenities: Living Room Balcony, Open Floorplan, Unfurnished
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 3.14
  • Room Type: All Bedrooms Up, Laundry, Living Room, Walk-In Closet
  • Spa Features: Association

Exterior Features

  • View: Neighborhood
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 1212.00
  • Lot Size Acres: 0.0278

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 1212.0000 Square Feet
  • Number Of Units In Community: 200
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Census Tract: 626.45
  • Tax Lot: 9
  • Tax Tract Number: 14588

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2013
Sold by
Aghajanian Michael
Bought by
Aghajanian Michael J and Aghajanian Elizabeth S
Current Estimated Value
$1,348,112

Purchase Details

Listed on
Jun 10, 2012
Closed on
May 9, 2012
Sold by
Reyes Meral Crystal
Bought by
Reyes Miguel
Seller's Agent
David Grbich
Ventana Coastal Properties
Buyer's Agent
Dallas Sheeran
OC CA Realty
Sold Price
$2,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%

Purchase Details

Listed on
Jun 10, 2012
Closed on
May 2, 2012
Sold by
Reyes Miguel
Bought by
Aghajanian Michael
Seller's Agent
David Grbich
Ventana Coastal Properties
Buyer's Agent
Dallas Sheeran
OC CA Realty
Sold Price
$2,500

Purchase Details

Closed on
Oct 27, 2011
Sold by
Reyes Miguel and Reyes Meral Crystal
Bought by
Newport Ridge Summit Homeowners Associat

Purchase Details

Closed on
Sep 25, 2000
Sold by
Richman Drew A and Richman Valarie L
Bought by
Reyes Mike and Reyes Crystal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,781
Interest Rate
9.15%

Purchase Details

Closed on
Dec 8, 1995
Sold by
Lewis Homes Of California
Bought by
Richman Drew A and Richman Valarie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,750
Interest Rate
7.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Aghajanian Michael J -- None Available
Reyes Miguel -- Western Resources Title
Aghajanian Michael $455,000 Western Resources Title
Newport Ridge Summit Homeowners Associat $9,001 None Available
Reyes Mike -- First American Title Ins Co
Richman Drew A $186,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reyes Mike $286,781
Previous Owner Richman Drew A $148,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2023 07/17/23 Rented $3,800 0.0% --
05/23/2023 05/23/23 For Rent $3,800 0.0% --
05/15/2023 05/15/23 Off Market $3,800 -- --
05/10/2023 05/10/23 For Rent $3,800 +22.6% --
09/03/2020 09/03/20 Rented $3,100 0.0% --
08/15/2020 08/15/20 For Rent $3,100 +5.1% --
04/03/2018 04/03/18 Rented $2,950 0.0% --
01/26/2018 01/26/18 For Rent $2,950 0.0% --
11/30/2016 11/30/16 Rented $2,950 0.0% --
10/17/2016 10/17/16 For Rent $2,950 +1.7% --
10/14/2015 10/14/15 Rented $2,900 0.0% --
09/24/2015 09/24/15 Price Changed $2,900 -1.7% $2 / Sq Ft
08/11/2015 08/11/15 For Rent $2,950 +18.0% --
06/27/2012 06/27/12 Rented $2,500 0.0% --
06/27/2012 06/27/12 Under Contract -- -- --
06/10/2012 06/10/12 For Rent $2,500 0.0% --
06/01/2012 06/01/12 Sold $455,000 -2.4% $375 / Sq Ft View Prior Sale
05/30/2012 05/30/12 Pending -- -- --
04/03/2012 04/03/12 For Sale $466,000 +2.4% $384 / Sq Ft
03/26/2012 03/26/12 Off Market $455,000 -- --
03/26/2012 03/26/12 For Sale $466,000 +2.4% $384 / Sq Ft
03/21/2012 03/21/12 Off Market $455,000 -- --
03/19/2012 03/19/12 Price Changed $466,000 -0.6% $384 / Sq Ft
01/11/2012 01/11/12 For Sale $469,000 +3.1% $387 / Sq Ft
01/02/2012 01/02/12 Off Market $455,000 -- --
10/17/2011 10/17/11 Price Changed $469,000 +0.9% $387 / Sq Ft
10/17/2011 10/17/11 Price Changed $465,000 +1.3% $384 / Sq Ft
10/08/2011 10/08/11 Price Changed $459,000 -0.2% $379 / Sq Ft
09/29/2011 09/29/11 Price Changed $459,999 0.0% $380 / Sq Ft
09/20/2011 09/20/11 Price Changed $460,000 +4.1% $380 / Sq Ft
08/24/2011 08/24/11 Price Changed $442,000 -2.9% $365 / Sq Ft
08/23/2011 08/23/11 Price Changed $455,000 -1.1% $375 / Sq Ft
08/15/2011 08/15/11 Price Changed $460,000 -3.2% $380 / Sq Ft
08/10/2011 08/10/11 Price Changed $475,000 -4.8% $392 / Sq Ft
07/23/2011 07/23/11 Price Changed $499,000 -3.1% $412 / Sq Ft
07/10/2011 07/10/11 For Sale $515,000 -- $425 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,024 $571,499 $410,849 $160,650
2024 $6,024 $560,294 $402,794 $157,500
2023 $5,964 $549,308 $394,896 $154,412
2022 $5,864 $538,538 $387,153 $151,385
2021 $4,936 $527,979 $379,562 $148,417
2020 $5,683 $522,566 $375,670 $146,896
2019 $5,627 $512,320 $368,304 $144,016
2018 $5,518 $502,275 $361,082 $141,193
2017 $5,423 $492,427 $354,002 $138,425
2016 $5,237 $482,772 $347,061 $135,711
2015 $5,189 $475,521 $341,848 $133,673
2014 $5,378 $466,207 $335,152 $131,055
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23080503

California Regional Multiple Listing Service (CRMLS)

APN: 936-462-03

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