NOT LISTED FOR SALE

318 Villa Point Dr Newport Beach, CA 92660

Estimated Value: $1,207,444 - $1,410,000

2 Beds
2 Baths
1,255 Sq Ft
$425/mo HOA Fee

Last Sold October 23, 2014

Last sale price $688,000 $548 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $8,476/month

7 Days on Market

Highlights

  • Private Pool
  • Primary Bedroom Suite
  • Terrace
  • Abraham Lincoln Elementary School Rated A
  • Pool View
  • Outdoor Cooking Area

About This Home

As of October 2014

This upper end unit Plan 3 features two spacious bedroom suites and an ideal location over the pool that is not only private, but also bright and sunny all day. Exquisitely redone from top to bottom - from the kitchen with newer cabinetry, appliances and granite counters to the spacious travertine bath with steam shower, it is truly turnkey. All doors and windows have recently been replaced with dual panes and soundproofing and, as this is an end unit, there are extra windows. The vaulted ceilings add extra volume. Tasteful moldings have been added throughout and the closets customized. Also included is an inside laundry area and a spacious deck with custom awning and open views. Villa Point is a resort like community with clubhouse facilities including two pools, a spa and a BBQ area. The location is conveniently located to back bay trails, Fashion Island and Balboa Island.

Last Agent to Sell the Property

Joanne Perkins

Surterre Properties Inc. License #00571006 Listed on: 09/17/2014

Surterre Properties Inc.

Last Buyer's Agent

Joanne Perkins

Surterre Properties Inc. License #00571006 Listed on: 09/17/2014

Surterre Properties Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,918

Year Built

  • Built in 1990

Lot Details

  • 1,002

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,255 Sq Ft Home
  • Crown Molding
  • Awning
  • Living Room with Fireplace
  • Carpet
  • Pool Views
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Patio
  • Terrace

Additional Features

  • 1 Common Wall
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 11937
  • Assessor Parcel Number 93963601

Community Details

Overview

  • 228 Units

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,918

Year Built

Built in 1990

Lot Details

0

HOA Fees

$425 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Other Phone Number: 949-632-3993
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Villa Point (VILP)
  • View: Yes
  • Zoning: r-1
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93963601
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1255.00
  • Interior Amenities: Crown Molding
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 548.21
  • Room Type: Master Suite
  • Spa Features: Association

Exterior Features

  • Patio: Yes
  • Exterior Features: Awning(s)
  • View: Pool
  • Patio And Porch Features: Terrace
  • Pool Features: Association
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Total Parking Spaces: 1.00

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Outdoor Cooking Area, Pool, Spa/Hot Tub
  • Association Fee: 425.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Size Sq Ft: 1000.00
  • Lot Size Acres: 0.0230

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 1000.0000 Square Feet
  • Number Of Units In Community: 228
  • Number Of Units Total: 228

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 11937

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2021
Sold by
Kennedy David C and Davies Ashlyn N
Bought by
Kennedy David C and Davies Ashlyn N
Current Estimated Value
$1,341,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$509,000
Outstanding Balance
$464,167
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$899,829

Purchase Details

Closed on
May 1, 2018
Sold by
Davies Ashlyn and Kennedy David
Bought by
Kennedy David K and Davies Ashlyn N

Purchase Details

Listed on
Sep 17, 2014
Closed on
Sep 26, 2014
Sold by
Thomas Susan
Bought by
Kennedy David and Davies Ashlyn
Seller's Agent
Joanne Perkins
Surterre Properties Inc.
Buyer's Agent
Joanne Perkins
Surterre Properties Inc.
List Price
$688,000
Sold Price
$688,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.52%
Original Mortgage
$550,400
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2005
Sold by
Thomas Susan
Bought by
Thomas Susan and The Thomas Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.97%
Mortgage Type
Fannie Mae Freddie Mac
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
Kennedy David C -- Orange Coast Title
Kennedy David K -- None Available
Kennedy David $688,000 California Title Company
Thomas Susan -- Equity Title Company
Thomas Susan -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennedy David C $509,000
Closed Kennedy David $548,800
Closed Kennedy David $550,400
Previous Owner Thomas Susan $500,000
Previous Owner Thomas Susan $110,000
Previous Owner Thomas Susan $296,000
Previous Owner Thomas Susan $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2014 10/23/14 Sold $688,000 0.0% $548 / Sq Ft
09/24/2014 09/24/14 Pending -- -- --
09/17/2014 09/17/14 For Sale $688,000 -- $548 / 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 $8,918 $826,869 $646,926 $179,943
2024 $8,918 $810,656 $634,241 $176,415
2023 $8,707 $794,761 $621,805 $172,956
2022 $8,559 $779,178 $609,613 $169,565
2021 $8,397 $763,900 $597,659 $166,241
2020 $8,316 $756,068 $591,531 $164,537
2019 $8,149 $741,244 $579,933 $161,311
2018 $7,988 $726,710 $568,561 $158,149
2017 $7,848 $712,461 $557,412 $155,049
2016 $7,601 $698,492 $546,483 $152,009
2015 $7,527 $688,000 $538,274 $149,726
2014 $3,914 $347,761 $189,652 $158,109
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP14200889

California Regional Multiple Listing Service (CRMLS)

APN: 939-636-01