$1,045,000 - $1,248,000
RENTED DEC 27, 2024

243 Villa Point Dr Newport Beach, CA 92660

2 Beds
2 Baths
1,001 Sq Ft
1990 Built

Highlights

  • Spa
  • Gated Community
  • Open Floorplan
  • Abraham Lincoln Elementary School Rated A
  • Updated Kitchen
  • Wood Flooring

About This Home

As of December 2024

Villa Point – Luxury Living in the Heart of Newport Beach
Welcome to the exclusive Villa Point, a prestigious gated community offering a wealth of amenities for the discerning lifestyle. Enjoy year-round access to two pristine swimming pools, two soothing whirlpool hot tubs, and two fully equipped fitness centers. Each pool area is complemented with picnic tables and large gas grills, perfect for entertaining or relaxing in style.
This sophisticated ground-floor unit boasts a fully updated kitchen, featuring top-of-the-line Bosch stainless steel appliances, including an electric range, microwave, refrigerator, and dishwasher. The laundry closet offers a new stackable washer and dryer, along with a brand-new water heater for added convenience.
The living room, kitchen, and bedrooms are graced with elegant hardwood floors, while custom drapery adorns the living room windows, and plantation shutters provide privacy and light control in both bedrooms.
Step outside to your private patio, an ideal space for enjoying the serene views of the expansive grassy area—perfect for both quiet moments and lively gatherings on warm California evenings.
Situated just moments from Fashion Island, you’ll have easy access to world-class shopping and gourmet dining. Stroll to nearby Balboa Island to explore its charming shops and restaurants, and don’t miss the iconic Sugar & Spice for their famous chocolate-covered bananas. Hop on the Balboa Island Ferry to reach the vibrant Balboa Peninsula and its popular Fun Zone.

Conveniently located near the Newport Beach Golf & Country Club, the Pelican Hill Golf Course and Resort, John Wayne Airport, and South Coast Plaza Shopping Center, this prime residence offers the best of Southern California living.

Opportunities like this don’t last long—don’t miss your chance to experience the ultimate in luxury and style. Live the California dream at Villa Point.

Last Agent to Rent the Property

Conrad Peterson

Coldwell Banker Realty Brokerage Phone: 949-500-7788 License #00920657 Listed on: 12/04/2024

Coldwell Banker Realty

Last Renter's Agent

Brodie Dizgun

IS Luxury of California License #01916198

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,468

Year Built

  • Built in 1990

Lot Details

  • Two or More Common Walls
  • Block Wall Fence

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Slab Foundation
  • Spanish Tile Roof

Interior Spaces

  • 1,001 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Plantation Shutters
  • Drapes & Rods

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Electric Oven
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Parking Available

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Spa
  • Covered Patio or Porch

Schools

  • Corona Del Mar High School

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Security Deposit $4,300
  • Available 12/4/24
  • Tax Lot 2
  • Tax Tract Number 11937
  • Assessor Parcel Number 93963618

Community Details

Overview

  • Property has a Home Owners Association
  • 228 Units
  • Built by Irvine Co
  • Villa Point Subdivision

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$10,468

Year Built

Built in 1990

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent
  • Available Date: 2024-12-04
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Security: 4300
  • Furnished: Unfurnished
  • Total Move In Costs: 8600.00
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Gated Community
  • Subdivision Name Other: Villa Point (VILP)
  • View: No
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93963618
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1001.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Open Floorplan
  • Stories: 1
  • Entry Location: Ground Level
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 4.00
  • Room Type: All Bedrooms Down, Laundry, Primary Bathroom, Primary Bedroom
  • Spa Features: Community
  • Window Features: Drapes, Plantation Shutters
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block
  • Builder Name: Irvine Co
  • Patio And Porch Features: Concrete, Covered, Patio Open
  • Pool Features: Community
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Disposal, Microwave, Refrigerator, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Heat Pump
  • Laundry Features: Dryer Included, In Closet, Washer Included
  • 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: Curbs

Schools

  • School District: Newport Mesa Unified
  • High School: Corona Del Mar
  • High School: Corona Del Mar
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No

Multi Family

  • Insurance Water Furniture: Yes
  • Number Of Units In Community: 228
  • Number Of Units Total: 228

Tax Info

  • Tax Census Tract: 630.08
  • Tax Lot: 2
  • Tax Tract Number: 11937

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2023
Sold by
Payne Paul D and Payne Carole D
Bought by
Pcp Trust and Payne
Current Estimated Value
$1,132,618

Purchase Details

Closed on
Feb 3, 2006
Sold by
Payne Paul D and Payne Carole D
Bought by
Payne Paul D and Payne Carol D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2005
Sold by
Murphy Kathryn
Bought by
Payne Paul D and Payne Carole D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2004
Sold by
Campbell Andrea Tracey
Bought by
Murphy Kathryn and The Emk Trust

Purchase Details

Closed on
Mar 20, 2000
Sold by
Villa Point Trust Dd
Bought by
Campbell Andrea Tracey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,300
Interest Rate
8.26%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 4, 1999
Sold by
Mason Margaret D
Bought by
Villa Point Trust
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
Pcp Trust -- None Listed On Document
Payne Paul D -- None Listed On Document
Payne Paul D -- None Listed On Document
Payne Paul D -- None Available
Payne Paul D $715,000 First American Title
Murphy Kathryn $600,000 First American Title Co
Campbell Andrea Tracey $239,000 California Counties Title Co
Villa Point Trust $196,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Payne Paul D $215,000
Previous Owner Campbell Andrea Tracey $80,000
Previous Owner Campbell Andrea Tracey $280,000
Previous Owner Campbell Andrea Tracey $32,000
Previous Owner Campbell Andrea Tracey $255,000
Previous Owner Campbell Andrea Tracey $167,300
Closed Campbell Andrea Tracey $47,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2024 12/27/24 Rented $4,000 -7.0% --
12/04/2024 12/04/24 For Rent $4,300 +83.0% --
01/10/2016 01/10/16 Rented $2,350 0.0% --
01/10/2016 01/10/16 For Rent $2,350 -- --
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 $10,468 $977,099 $769,618 $207,481
2024 $10,468 $957,941 $754,528 $203,413
2023 $8,697 $793,825 $634,644 $159,181
2022 $8,550 $778,260 $622,200 $156,060
2021 $8,388 $763,000 $610,000 $153,000
2020 $7,991 $725,220 $572,220 $153,000
2019 $7,831 $711,000 $561,000 $150,000
2018 $7,182 $650,000 $500,000 $150,000
2017 $6,454 $580,000 $430,000 $150,000
2016 $5,722 $512,500 $362,500 $150,000
2015 $5,748 $512,500 $362,500 $150,000
2014 $5,719 $512,500 $362,500 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24239627

California Regional Multiple Listing Service (CRMLS)

APN: 939-636-18