NOT LISTED FOR SALE

Estimated Value: $1,225,000 - $1,776,000

2 Beds
2 Baths
1,170 Sq Ft
$1,229/Sq Ft Est. Value

Last Sold May 11, 2015

Last sale price $675,000 $577 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $8,768/month

About This Home

As of May 2015

Welcome to luxury living in this beach close condo at The Summit in Newport Beach! This home sits within a gated community and is close to walking paths with gorgeous ocean views. Upgraded with wood like floors, an open floorplan, fresh paint and new carpet, this 2 bedroom/2 full bathroom condo includes two balconies, a side by side 2 car garage and indoor laundry room. Relax in the resort style amenities featuring a pool, jacuzzi and close proximity to Fashion Island and all the beautiful beaches Orange County has to offer!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2014
Sold by
Cummings Scott P
Bought by
Bollibokka Livermore Llc
Current Estimated Value
$1,438,220

Purchase Details

Listed on
May 2, 2013
Closed on
Apr 5, 2013
Sold by
Banducci Derek
Bought by
Cummings Scott P
Seller's Agent
Jacqueline Lennon
Realty One Group West
Buyer's Agent
Elizabeth Bates
HomeSmart Evergreen Realty
List Price
$679,900
Sold Price
$615,000
Premium/Discount to List
-$64,900
-9.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%
Original Mortgage
$492,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2009
Sold by
Ralston Douglas R and Ralston Kay S
Bought by
Banducci Derek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 15, 2002
Sold by
Truong Trang Huy
Bought by
Ralston Douglas R and Ralston Kay S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,250
Interest Rate
6.24%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 28, 1998
Sold by
Hex Karen M
Bought by
Truong Trang Huy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,150
Interest Rate
7.17%

Purchase Details

Closed on
Mar 11, 1996
Sold by
Lewis Homes Of California
Bought by
Hex Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,050
Interest Rate
8.07%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Bollibokka Livermore Llc $675,000 Stewart Title Of Ca Inc
Cummings Scott P $615,000 Western Resources Title
Banducci Derek $520,000 California Title Company
Ralston Douglas R $419,500 Equity Title Company
Truong Trang Huy $248,000 Fidelity National Title Ins
Hex Karen M $189,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bollibokka Livermore Llc $900,000
Previous Owner Cummings Scott P $492,000
Previous Owner Banducci Derek $390,000
Previous Owner Ralston Douglas R $318,000
Previous Owner Ralston Douglas R $314,250
Previous Owner Truong Trang Huy $227,150
Previous Owner Hex Karen M $170,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Rented $3,800 0.0% --
04/04/2024 04/04/24 Off Market $3,800 -- --
04/01/2024 04/01/24 For Rent $3,800 0.0% --
03/14/2023 03/14/23 Rented $3,800 0.0% --
03/10/2023 03/10/23 Off Market $3,800 -- --
03/10/2023 03/10/23 For Rent $3,800 0.0% --
03/09/2023 03/09/23 Off Market $3,800 -- --
11/29/2022 11/29/22 For Rent $3,800 +31.0% --
12/05/2018 12/05/18 Rented $2,900 0.0% --
10/29/2018 10/29/18 Price Changed $2,900 -3.3% $2 / Sq Ft
09/27/2018 09/27/18 For Rent $3,000 +3.4% --
01/01/2018 01/01/18 Rented $2,900 0.0% --
12/13/2017 12/13/17 For Rent $2,900 0.0% --
10/17/2015 10/17/15 Rented $2,900 0.0% --
10/14/2015 10/14/15 Price Changed $2,900 -3.3% $2 / Sq Ft
09/10/2015 09/10/15 Price Changed $3,000 -4.8% $2 / Sq Ft
08/25/2015 08/25/15 For Rent $3,150 0.0% --
05/11/2015 05/11/15 Sold $675,000 0.0% $557 / Sq Ft
05/01/2015 05/01/15 Pending -- -- --
03/13/2015 03/13/15 Price Changed $675,000 -1.5% $557 / Sq Ft
02/28/2015 02/28/15 For Sale $685,000 +1.5% $565 / Sq Ft
02/26/2015 02/26/15 Off Market $675,000 -- --
02/05/2015 02/05/15 Price Changed $685,000 -1.4% $565 / Sq Ft
01/16/2015 01/16/15 Price Changed $695,000 -1.4% $573 / Sq Ft
12/23/2014 12/23/14 For Sale $705,000 +14.6% $582 / Sq Ft
05/08/2013 05/08/13 Sold $615,000 -5.4% $507 / Sq Ft
03/08/2013 03/08/13 Price Changed $649,900 -4.4% $536 / Sq Ft
02/26/2013 02/26/13 For Sale $679,900 0.0% $561 / Sq Ft
02/15/2012 02/15/12 Rented $2,395 0.0% --
02/08/2012 02/08/12 Under Contract -- -- --
02/02/2012 02/02/12 For Rent $2,395 -- --

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 $8,336 $795,336 $632,646 $162,690
2023 $8,220 $779,742 $620,242 $159,500
2022 $8,065 $764,453 $608,080 $156,373
2021 $7,093 $749,464 $596,157 $153,307
2020 $7,815 $741,780 $590,044 $151,736
2019 $7,720 $727,236 $578,475 $148,761
2018 $7,572 $712,977 $567,132 $145,845
2017 $7,434 $698,998 $556,012 $142,986
2016 $7,205 $685,293 $545,110 $140,183
2015 $6,598 $630,135 $494,845 $135,290
2014 $6,756 $617,792 $485,152 $132,640
Source: Public Records

Agents Affiliated with this Home

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