$675,000
SOLD MAY 11, 2015
2 Beds
2 Baths
1,212 Sq Ft
$382/mo HOA Fee

Recently Sold

$557 Per Sq Ft

1% Below List Price

129 Days on Market

Highlights

  • Private Pool
  • No Units Above
  • Gated Community
  • Newport Coast Elementary School Rated A
  • Primary Bedroom Suite
  • Deck

About This Home

As of May 2015

Priced nearly $30,000 below most recent comp! Plus Buyer's closing costs paid up to $7,000! Walk into EQUITY! Investor's dream! You can't beat this price! Newport Coast's best buy! Beautiful, upper, 2 bedroom, 2 bathroom home in the highly sought-after, privately gated community of The Summit. Very desirable & flowing floor plan w/ a lovely kitchen opening to a light & bright dining area which continues into the main living area. The living room is spacious, open & bright with a cozy fireplace that ignites with the flip of a switch! Main living area also has a private outside patio over-looking the community. Master bedroom suite boasts a private veranda & a separate bathroom with dual sinks, private commode, & a mirrored, ample-sized walk-in closet. Secondary bedroom has a mirrored wardrobe and is beautifully accented with an architecturally stylistic window that allows in an abundance of light. Additional features include: recessed lighting, bamboo flooring, gas range/oven, built-in microwave, inside laundry room, air conditioning, ceiling fans, newer water heater, two car garage and additional storage space! Awesome community features including: pool, spa, picnic area, greenbelts, tennis courts, baseball field, bicycle and walking paths.

Last Agent to Sell the Property

Elizabeth Bates

HomeSmart Evergreen Realty License #01434739 Listed on: 02/28/2015

HomeSmart Evergreen Realty

Last Buyer's Agent

Natalie Boyle

Verso Homes License #01329012

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,336

Year Built

  • Built in 1994

Lot Details

  • Property fronts a private road
  • No Units Above
  • 1 Common Wall

HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors

Property Views

  • Park or Greenbelt
  • Neighborhood

Home Design

  • Mediterranean Architecture
  • Planned Development

Interior Spaces

  • 1,212 Sq Ft Home
  • Entryway
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Outdoor Features

  • Private Pool
  • Deck
  • Enclosed patio or porch
  • Exterior Lighting

Additional Features

  • Suburban Location
  • Central Air

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 14588
  • Assessor Parcel Number 93646238

Community Details

Overview

  • 90 Units

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,336

Year Built

Built in 1994

Lot Details

0

HOA Fees

$382 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Private Road
  • Security: Gated Community
  • Subdivision Name Other: Summit (NRSU)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93646238
  • Year Built: 1994
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1212.00
  • Common Walls: 1 Common Wall, No One Above
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 556.93
  • Room Type: Entry, Living Room, Master Suite

Exterior Features

  • Patio: Yes
  • View: Neighborhood, Park/Greenbelt
  • Patio And Porch Features: Deck, Enclosed
  • Pool Features: Association
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Picnic Area, Pool, Spa/Hot Tub
  • Association Fee: 295.00
  • Association #2 Fee: 260.00
  • Association #2 Fee Frequency: Quarterly
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Paved, Planned Unit Development
  • Lot Size Sq Ft: 1212.00
  • Lot Size Acres: 0.0280

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1212.0000 Square Feet
  • Number Of Units In Community: 90
  • Number Of Units Total: 90

Tax Info

  • Tax Lot: 13
  • Tax Tract Number: 14588

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
$1,366,563

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
6.82%
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:

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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 Type Sale Price Title Company
Grant Deed $675,000 Stewart Title Of Ca Inc
Grant Deed $615,000 Western Resources Title
Grant Deed $520,000 California Title Company
Grant Deed $419,500 Equity Title Company
Grant Deed $248,000 Fidelity National Title Ins
Grant Deed $189,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $900,000 Commercial
Previous Owner $492,000 New Conventional
Previous Owner $390,000 Adjustable Rate Mortgage/ARM
Previous Owner $318,000 Stand Alone First
Previous Owner $314,250 Stand Alone First
Previous Owner $227,150 No Value Available
Previous Owner $170,050 No Value Available
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 -- --
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 $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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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG14262025

California Regional Multiple Listing Service (CRMLS)

APN: 936-462-38