NOT LISTED FOR SALE

Estimated Value: $2,141,000 - $2,224,000

3 Beds
2.5 Baths
2,150 Sq Ft
$341/mo HOA Fee

Last Sold October 12, 2014

Last sale price $1,098,880 $511 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $13,232/month

63 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Tennis Courts
  • Newport Coast Elementary School Rated A
  • Mediterranean Architecture
  • Outdoor Cooking Area

About This Home

As of October 2014

Mediterranean Villa ideally located in the HEART of Newport Coast. Two story DETACHED home in the charming enclave of Verona. Largest most sought after plan boasts open concept style living spaces. Lux kitchen has complete stainless appliance package, granite counters, and rich wood cabinetry. Upgraded features are found throughout: custom lighting, window treatments, built-ins, plantation shutters, stone surfaces, wood cabinetry and upstairs library. 3 bedrooms with huge separate master retreat previously used as 4th bedroom or office. All bedrooms are upstairs. Upstairs full size laundry room. Private Piazza style yard has built-in grill and string lights. World class community amenities include coveted access to the Coastal Canyon swim and tennis club. Residents of Verona love the flat convenient location that provides ease of access to shops, restaurants, parks, schools and walking trails. Centrally located to Fashion Island, Crystal Cove beaches, Pelican Hill Golf Resort and Toll Road.

Last Agent to Sell the Property

Deborah Cowles

Compass License #01232658 Listed on: 07/04/2014

Compass

Last Buyer's Agent

Sunn-Yin Chiang

HOME TIMES REALTY License #00980198

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,195

Year Built

  • Built in 2003

Lot Details

  • No Common Walls
  • Block Wall Fence

HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor

Interior Spaces

  • 2,150 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Carpet
  • Breakfast Bar
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Pool

  • Private Pool
  • Spa

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 16266
  • Assessor Parcel Number 93647081

Community Details

Overview

  • 70 Units
  • Built by Greystone

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Clubhouse
  • Meeting Room

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,195

Year Built

Built in 2003

Lot Details

0

HOA Fees

$341 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Verona (VERO)
  • View: No
  • Architectural Style: Mediterranean
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93647081
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2150.00
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Family Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 511.11
  • Room Type: All Bedrooms Up
  • Spa Features: Association

Exterior Features

  • Fence: Yes
  • Fencing: Block
  • Builder Name: Greystone
  • Pool Features: Association
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Clubhouse, Meeting Room, Outdoor Cooking Area, Playground, Pool, Spa/Hot Tub, Sport Court, Tennis Court(s)
  • Association Fee: 256.00
  • Association #2 Fee: 85.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Storm Drains

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Paved

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 70
  • Number Of Units Total: 70

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 16266

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2014
Closed on
Sep 12, 2014
Sold by
Vartanian James N
Bought by
Tseng Nancy Judy
Seller's Agent
Deborah Cowles
Compass
Buyer's Agent
Sunn-Yin Chiang
HOME TIMES REALTY
List Price
$1,149,000
Sold Price
$1,098,880
Premium/Discount to List
-$50,120
-4.36%
Current Estimated Value
$2,197,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,098,632
Avg. Annual Appreciation
6.98%
Original Mortgage
$879,104
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2008
Sold by
Vartanian James
Bought by
Vartanian James N and James & Briana Vartanian Family Trust

Purchase Details

Closed on
Nov 3, 2005
Sold by
Vartanian James
Bought by
Vartanian James

Purchase Details

Closed on
Jul 15, 2003
Sold by
Greystone Homes Inc
Bought by
Vartanian James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
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
Tseng Nancy Judy $1,099,000 Chicago Title Company
Vartanian James N -- None Available
Vartanian James -- Financial Title Company
Vartanian James -- Financial Title Company
Vartanian James $822,000 North American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tseng Nancy Judy $765,600
Closed Tseng Nancy Judy $854,000
Closed Tseng Nancy Judy $879,104
Previous Owner Vartanian James $120,000
Previous Owner Vartanian James $99,999
Previous Owner Vartanian James $650,000
Closed Vartanian James $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2014 10/12/14 Sold $1,098,880 0.0% $511 / Sq Ft
08/19/2014 08/19/14 Price Changed $1,098,880 -4.4% $511 / Sq Ft
07/04/2014 07/04/14 For Sale $1,149,000 0.0% $534 / Sq Ft
11/15/2013 11/15/13 Rented $4,100 0.0% --
10/22/2013 10/22/13 Under Contract -- -- --
10/03/2013 10/03/13 For Rent $4,100 -- --
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 $14,195 $1,320,684 $974,402 $346,282
2024 $14,195 $1,294,789 $955,296 $339,493
2023 $13,938 $1,269,401 $936,564 $332,837
2022 $13,701 $1,244,511 $918,200 $326,311
2021 $13,364 $1,220,109 $900,196 $319,913
2020 $13,234 $1,207,599 $890,966 $316,633
2019 $12,962 $1,183,921 $873,496 $310,425
2018 $12,704 $1,160,707 $856,368 $304,339
2017 $12,478 $1,137,949 $839,577 $298,372
2016 $12,198 $1,115,637 $823,115 $292,522
2015 $12,080 $1,098,880 $810,751 $288,129
2014 $10,464 $953,137 $705,808 $247,329
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP14141304

California Regional Multiple Listing Service (CRMLS)

APN: 936-470-81