$928,430 - $1,112,000
RENTED JAN 27, 2025
3 Beds
2.5 Baths
1,412 Sq Ft
$699 Price per Sq Ft

Last Sold August 13, 2021

Last sale price $720,000 $510 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,937/month

Highlights

  • Spa
  • View of Trees or Woods
  • Quartz Countertops
  • Victoria Elementary School Rated A-
  • Updated Kitchen
  • Breakfast Area or Nook

About This Home

As of January 2025

Imagine yourself nestled in a hidden oasis of Newport Beach where you have bike ride access to the ocean while living amidst serene tree-filled terrain. This incredible condo gem is embedded within beautiful Newport Terrace. This home is for those who long to live amongst the trees, wooded trails and greenbelt while enjoying beautiful ocean vistas. Every nook and cranny of this spacious 3 bed, 2.5 bath condo has been updated and enhanced to welcome its future tenant. Recent renovations include a complete kitchen remodel with soft close drawers and cupboards, new oven/range and Miele dishwasher, new flooring, new stair carpeting, new windows, new lighting throughout, bathroom upgrades and much more! The Newport Terrace community also offers a beautiful pool to all residents! Come see the incredible hidden gem in beautiful Newport Beach!

Last Agent to Rent the Property

Jennifer McDonald

Compass Brokerage Phone: 949-929-1166 License #02092799 Listed on: 12/12/2024

Compass

Last Renter's Agent

Liz Carlson

Coldwell Banker Realty License #02035164

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,442

Year Built

  • Built in 1977

Lot Details

  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Carport
  • Parking Available

Property Views

  • Woods
  • Bluff
  • Canyon
  • Park or Greenbelt

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,412 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room Off Kitchen
  • Living Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Enclosed Patio or Porch

Additional Features

  • Suburban Location
  • Central Heating

Listing and Financial Details

  • Security Deposit $4,200
  • Rent includes trash collection, water
  • 12-Month Minimum Lease Term
  • Available 12/15/24
  • Tax Lot 4
  • Tax Tract Number 8835
  • Assessor Parcel Number 93338332
  • Seller Considering Concessions

Community Details

Overview

  • Property has a Home Owners Association
  • 281 Units
  • Newport Terrace Subdivision
  • Foothills
  • Property is near a preserve or public land

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pet Deposit $500
  • Dogs Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,442

Year Built

Built in 1977

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: Security Deposit
  • Available Date: 2024-12-15
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 4200
  • Furnished: Unfurnished
  • Pets Allowed: Call, Dogs OK
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Property Attached: Yes
  • Subdivision Name Other: Newport Terrace (NEWT)
  • View: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential Lease
  • Parcel Number: 93338332
  • Year Built: 1977
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1412.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Pantry
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2.83
  • Room Type: All Bedrooms Up, Family Room, Kitchen, Laundry, Living Room, Walk-In Pantry
  • Spa Features: Association
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: Bluff, Canyon, Park/Greenbelt, Trees/Woods
  • Patio And Porch Features: Concrete, Enclosed, Patio
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue
  • Senior Community: No
  • Community Features: Foothills, Preserve/Public Land, Suburban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Number Of Units In Community: 281
  • Number Of Units Total: 281
  • Rent Includes: Trash Collection, Water

Tax Info

  • Tax Census Tract: 636.01
  • Tax Lot: 4
  • Tax Tract Number: 8835

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2021
Closed on
Aug 11, 2021
Sold by
Draeger Bernhard Guenter and The Draeger Family Trust
Bought by
Richards Carrie Elizabeth and Richards Thaddeus Joseph
Seller's Agent
Jennifer McDonald
Compass
Buyer's Agent
Jake Janz
Arbor Real Estate
Sold Price
$3,600
Current Estimated Value
$987,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$983,508
Avg. Annual Appreciation
7.32%
Original Mortgage
$540,000
Outstanding Balance
$496,294
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$467,029

Purchase Details

Closed on
Apr 23, 2007
Sold by
Draeger Bernhard Guenter and Draeger Bernhard G
Bought by
Draeger Bernhard Guenter and The Draeger Family Trust
Source: Public Records

Range of Values:

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Average Value
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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
Richards Carrie Elizabeth $720,000 Wfg National Title Company
Draeger Bernhard Guenter -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richards Carrie Elizabeth $540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2025 01/27/25 Rented $4,000 -4.8% --
01/02/2025 01/02/25 Under Contract -- -- --
12/12/2024 12/12/24 For Rent $4,200 +16.7% --
09/09/2021 09/09/21 Rented $3,600 0.0% --
09/09/2021 09/09/21 For Rent $3,600 0.0% --
09/05/2021 09/05/21 Off Market $3,600 -- --
08/30/2021 08/30/21 For Rent $3,600 0.0% --
08/13/2021 08/13/21 Sold $720,000 -6.4% $510 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $769,000 0.0% $545 / Sq Ft
07/30/2020 07/30/20 Rented $2,950 0.0% --
07/02/2020 07/02/20 For Rent $2,950 0.0% --
04/30/2020 04/30/20 Rented $2,950 0.0% --
04/17/2020 04/17/20 Price Changed $2,950 +3.5% $2 / Sq Ft
04/01/2020 04/01/20 For Rent $2,850 0.0% --
11/24/2016 11/24/16 Rented $2,850 0.0% --
11/03/2016 11/03/16 For Rent $2,850 -- --
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 $8,442 $764,069 $658,600 $105,469
2024 $8,442 $749,088 $645,687 $103,401
2023 $8,363 $734,400 $633,026 $101,374
2022 $8,144 $720,000 $620,613 $99,387
2021 $2,315 $185,782 $107,466 $78,316
2020 $2,292 $183,878 $106,365 $77,513
2019 $2,251 $180,273 $104,279 $75,994
2018 $2,209 $176,739 $102,235 $74,504
2017 $2,172 $173,274 $100,230 $73,044
2016 $2,126 $169,877 $98,265 $71,612
2015 $2,104 $167,326 $96,789 $70,537
2014 $2,056 $164,049 $94,893 $69,156
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24248162

California Regional Multiple Listing Service (CRMLS)

APN: 933-383-32