Seller's Agent in 2021
Sheri Schuster
Coldwell Banker Realty
(562) 547-6223
1 in this area
95 Total Sales
2523 E 16th St Unit 8 Newport Beach, CA 92663
Newport Heights NeighborhoodEstimated Value: $1,502,361 - $1,866,000
2
Beds
2.5
Baths
1,537
Sq Ft
$375/mo
HOA Fee
Highlights
- Second Garage
- Tudor Architecture
- Neighborhood Views
- Newport Heights Elementary Rated A
- Stone Countertops
- 5-minute walk to Pinkley Park
About This Home
As of November 2021Newport Heights 2-bedroom 2.5-bathroom condominium with a loft. The loft could be converted to a 3rd bedroom. Enter the front door and you are greeted with a large living room with soaring ceilings, a fireplace and lots of natural light. Remodeled kitchen with white shaker cabinets, Quarts countertops & stainless-steel appliances. There is a sliding glass door in the kitchen that leads you to a private patio. The two bedrooms are conveniently located upstairs; the master en-suite comes with tub/shower, double sinks and a large walk-in closet. The one car garage has a laundry area and direct access to the condo. Highly desired area of the Heights with blue ribbon schools. Coastal cool living with tons of amenities! Hiking, bike riding, boating, parks, Balboa Island, Newport Peninsula and fun await with this beach lifestyle. Numerous award-winning restaurants and boutique shopping at your fingertips.
Last Agent to Sell the Property
Coldwell Banker Realty License #01255398 Listed on: 08/26/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $12,549
Year Built
- Built in 1978
HOA Fees
- $375 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Second Garage
Home Design
- Tudor Architecture
- Composition Roof
Interior Spaces
- 1,537 Sq Ft Home
- 2-Story Property
- Library with Fireplace
- Laminate Flooring
- Neighborhood Views
Kitchen
- Gas Range
- Stone Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- All Upper Level Bedrooms
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Brick Porch or Patio
- Exterior Lighting
Additional Features
- 1 Common Wall
- Central Heating
Community Details
- 14 Units
- 16Th And Tustin Association, Phone Number (949) 346-9999
- Proactive Professional Management HOA
- Newport Heights Subdivision
Listing and Financial Details
- Tax Lot 4
- Tax Tract Number 9810
- Assessor Parcel Number 93622008
- $448 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 26, 2021
Closed on
Nov 9, 2021
Sold by
Stifel Trust Co Na
Bought by
Williams Matthew P and Williams Erica
Seller's Agent
Sheri Schuster
Coldwell Banker Realty
Buyer's Agent
Zak Doan
Aspero Realty, Inc
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$558,840
Avg. Annual Appreciation
11.20%
Original Mortgage
$1,100,000
Outstanding Balance
$995,207
Interest Rate
2.12%
Mortgage Type
New Conventional
Estimated Equity
$663,633
Purchase Details
Closed on
Jan 20, 2021
Sold by
Ressel Dorothy A
Bought by
Stifel Trust and Dorothy Arens Ressel Trust
Purchase Details
Closed on
Jan 9, 1995
Sold by
Ressel Dorothy
Bought by
Ressel Dorothy
Purchase Details
Closed on
Mar 7, 1994
Sold by
Arens Eleanor N
Bought by
Ressel Dorothy and The Eleanor N Arens Loving Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Williams Matthew P | $1,100,000 | Ticor Title | |
| Stifel Trust | -- | None Listed On Document | |
| Ressel Dorothy | $530,000 | -- | |
| Ressel Dorothy | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Williams Matthew P | $1,100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/19/2021 11/19/21 | Sold | $1,100,000 | -8.3% | $716 / Sq Ft |
| 10/21/2021 10/21/21 | Pending | -- | -- | -- |
| 09/23/2021 09/23/21 | Price Changed | $1,199,000 | -4.1% | $780 / Sq Ft |
| 08/26/2021 08/26/21 | For Sale | $1,250,000 | -- | $813 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $12,549 | $1,167,328 | $1,005,982 | $161,346 |
| 2024 | $12,549 | $1,144,440 | $986,257 | $158,183 |
| 2023 | $12,256 | $1,122,000 | $966,918 | $155,082 |
| 2022 | $12,035 | $1,100,000 | $947,958 | $152,042 |
| 2021 | $3,602 | $299,351 | $133,223 | $166,128 |
| 2020 | $3,568 | $296,282 | $131,857 | $164,425 |
| 2019 | $3,502 | $290,473 | $129,272 | $161,201 |
| 2018 | $3,437 | $284,778 | $126,737 | $158,041 |
| 2017 | $3,379 | $279,195 | $124,252 | $154,943 |
| 2016 | $3,307 | $273,721 | $121,816 | $151,905 |
| 2015 | $3,273 | $269,610 | $119,986 | $149,624 |
| 2014 | $3,161 | $264,329 | $117,635 | $146,694 |
Source: Public Records
Agents Affiliated with this Home
-
Sheri Schuster
-
Martin Schuster
M
Seller Co-Listing Agent in 2021
Martin Schuster
Coldwell Banker Realty
(562) 594-6753
1 in this area
73 Total Sales
-
Zak Doan
Buyer's Agent in 2021
Zak Doan
Aspero Realty, Inc
(949) 280-6109
1 in this area
218 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21188939
APN: 936-220-08
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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