NOT LISTED FOR SALE

Estimated Value: $873,250 - $1,198,000

3 Beds
2.5 Baths
1,346 Sq Ft
$495/mo HOA Fee

Last Sold February 23, 2018

Last sale price $575,000 $427 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $6,260/month

26 Days on Market

Highlights

  • In Ground Pool
  • No Units Above
  • Bamboo Flooring
  • Victoria Elementary School Rated A-
  • Property is near park
  • Loft

About This Home

As of February 2018

PRICE REDUCTION! A MUST SEE! SELLER HIGHLY MOTIVATED!Want to live walking distance from the ocean in the prestigious community of Newport Beach? This is a highly sought after Newport Terrace Condo that has been recently renovated and has 3 bedrooms and 2.5 baths. The Master bedroom has vaulted beamed ceilings and a walk in closet with access to an artist loft(or extra storage). Kitchen has granite countertops, slate flooring, and a deep dual basin granite sink. Solid hardwood bamboo flooring has been installed throughout lower level. Half bath located downstairs for guest hosts a stone rock vessel sink. This condo has a carport and an automated roll up single garage with direct access to the unit. All windows were upgraded to be dual paned for energy efficiency. Backyard has turf with comfy sitting area and room for vegetable garden. This condo offers a natural, serene, and secluded environment. Several walking/biking/hiking trails are nearby accessing the beach within minutes. The Newport Terrace community recently completed a huge multi-million dollar renovation to the grounds, including fencing, roofs, lighting and landscaping, pool, spa, sport court and BBQ areas.

Last Agent to Sell the Property

April Kriz

Reliable Realty Inc. License #02012378 Listed on: 12/30/2017

Last Buyer's Agent

Carl DeMizio

HomeSmart, Evergreen Realty License #01902437

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • No Units Above
  • No Units Located Below
  • Two or More Common Walls

HOA Fees

  • $495 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Attached Carport Space
  • Parking Available
  • Rear-Facing Garage
  • Garage Door Opener

Interior Spaces

  • 1,346 Sq Ft Home
  • Beamed Ceilings
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Plantation Shutters
  • Living Room with Fireplace
  • Formal Dining Room
  • Loft

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Gas Oven
  • Gas Cooktop
  • Free-Standing Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Bamboo
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Upgraded Bathroom
  • Granite Bathroom Countertops

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Sport Court
  • Rain Gutters

Location

  • Property is near park

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 8835
  • Assessor Parcel Number 93338196

Community Details

Overview

  • 281 Units
  • Powerstone Mngmt Association, Phone Number (949) 716-3998
  • Property is near a preserve or public land

Amenities

  • Community Barbecue Grill

Recreation

  • Sport Court
  • Community Pool
  • Community Spa
  • Hiking Trails
  • Bike Trail

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1974 | Remodeled

Lot Details

0

HOA Fees

$495 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • Subdivision Name Other: Newport Terrace (NEWT)
  • View: No
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93338196
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1346.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s), Granite Counters, Pantry
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Bamboo, Stone
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Separated
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 427.19
  • Room Type: All Bedrooms Up, Loft, Master Bedroom, Walk-In Pantry
  • Window Features: Double Pane Windows, Plantation Shutters
  • Bathroom Features: Granite Counters, Upgraded
  • Room Kitchen Features: Granite Counters, Walk-In Pantry

Exterior Features

  • Other Structures: Sport Court Private
  • Pool Features: Association, Community, In Ground
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Attached Carport, Garage Faces Rear, Garage Door Opener, Private
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, In Kitchen, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Sport Court, Biking Trails, Hiking Trails
  • Association Fee: 495.00
  • Association Fee Frequency: Monthly
  • Association Name: Powerstone Mngmt
  • Phone: 9497163998
  • Senior Community: No
  • Community Features: Gutters, Preserve/Public Land, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 281
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 08835

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2017
Closed on
Jan 29, 2018
Sold by
Lisker Eric B
Bought by
Miller Julie A and The Rsn Trust
Seller's Agent
April Kriz
Reliable Realty Inc.
Buyer's Agent
Carl DeMizio
HomeSmart, Evergreen Realty
List Price
$620,000
Sold Price
$575,000
Premium/Discount to List
-$45,000
-7.26%
Current Estimated Value
$987,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,063
Avg. Annual Appreciation
7.11%
Original Mortgage
$325,000
Outstanding Balance
$275,246
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$711,817

Purchase Details

Closed on
Mar 19, 2009
Sold by
Ibey James L and Ibey Danielle
Bought by
Lisker Eric B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,500
Interest Rate
5.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 2006
Sold by
Ibey James L
Bought by
Ibey James L and Ibey Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,200
Interest Rate
7.65%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 28, 2006
Sold by
Ishikawa Noel
Bought by
Ibey James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,200
Interest Rate
7.65%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 26, 2003
Sold by
Snedeker Edward R and Snedeker Karen
Bought by
Ishikawa Noel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,600
Interest Rate
5.25%

Purchase Details

Closed on
Dec 15, 2000
Sold by
Snedeker Karen M
Bought by
Snedeker Edward R and Snedeker Karen M

Purchase Details

Closed on
Oct 26, 2000
Sold by
Snedeker Edward R
Bought by
Snedeker 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
$114,000
Interest Rate
7.89%

Purchase Details

Closed on
Sep 7, 2000
Sold by
Schatzlein Dennis S and Schatzlein Christie L
Bought by
Snedeker 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
$114,000
Interest Rate
7.89%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Miller Julie A $575,000 Orange Coast Title Co
Lisker Eric B $355,000 Chicago Title Company
Ibey James L -- Accommodation
Ibey James L -- Ticor Title Co Fullerton
Ibey James L $534,000 Ticor Title Co Fullerton
Ishikawa Noel $322,000 First American Title Co
Snedeker Edward R -- Commonwealth Land Title
Snedeker Karen M -- Commonwealth Land Title
Snedeker Karen M $222,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Julie A $325,000
Previous Owner Lisker Eric B $319,500
Previous Owner Ibey James L $427,200
Previous Owner Ishikawa Noel $257,600
Previous Owner Snedeker Karen M $114,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2018 02/23/18 Sold $575,000 -4.2% $427 / Sq Ft
01/25/2018 01/25/18 Pending -- -- --
01/18/2018 01/18/18 Price Changed $600,000 -1.6% $446 / Sq Ft
01/10/2018 01/10/18 Price Changed $610,000 -1.6% $453 / Sq Ft
12/30/2017 12/30/17 For Sale $620,000 -- $461 / Sq Ft
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 $7,309 $654,249 $560,272 $93,977
2024 $7,309 $641,421 $549,286 $92,135
2023 $7,256 $628,845 $538,516 $90,329
2022 $7,056 $616,515 $527,957 $88,558
2021 $6,719 $604,427 $517,605 $86,822
2020 $6,654 $598,230 $512,298 $85,932
2019 $6,522 $586,500 $502,252 $84,248
2018 $4,763 $419,769 $304,846 $114,923
2017 $4,680 $411,539 $298,869 $112,670
2016 $4,578 $403,470 $293,009 $110,461
2015 $4,533 $397,410 $288,608 $108,802
2014 $4,428 $389,626 $282,955 $106,671
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW17281059

California Regional Multiple Listing Service (CRMLS)

APN: 933-381-96