NOT LISTED FOR SALE

Estimated Value: $1,711,000 - $1,999,443

2 Beds
2.5 Baths
1,919 Sq Ft
$971/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $1,310,000 $683 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $11,056/month

Highlights

  • Heated Lap Pool
  • Primary Bedroom Suite
  • Main Floor Bedroom
  • Newport Coast Elementary School Rated A
  • City Lights View
  • 4-minute walk to Newport Ridge Community Park

About This Home

As of October 2022

Now vacant and ready to move in, last lease price for the same model was $64500!
Enjoy living in this tastefully built and upgraded rare, detached condo within the community of Verona in Newport Coast. This sophisticated two bedroom, two-and-a-half-bathroom property boasts a great open living space with high ceilings, recessed lighting, designer window coverings, extensive natural lights, and green tree views from all sides. A double-sided fireplace connects the family and dining areas, weaving all the spaces into one that opens to a large, secluded balcony. 2022 improvements include refurbishment of wood floors throughout, and new washer, dryer, and dishwasher. The connected chef's kitchen offers granite countertops and backsplash with a spacious island, peninsula eat-in bar and high-end stainless-steel appliances. Very close to the best schools, dining, shopping, Corona Del Mar beaches, and the Crystal Cove hiking and biking hills. Access to the nearby Coastal Canyon Park which offers tennis and basketball courts, pool, community center, playground, and BBQ facilities.

Last Agent to Rent the Property

Simin Hojat

Simin Hojat, Broker License #01108458 Listed on: 10/01/2022

Last Renter's Agent

Simin Hojat

Simin Hojat, Broker License #01108458 Listed on: 10/01/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,004

Year Built

  • Built in 2003

Lot Details

  • 3,000 Sq Ft Lot
  • Level Lot
  • Side Yard Sprinklers
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage

Property Views

  • City Lights
  • Neighborhood

Interior Spaces

  • 1,919 Sq Ft Home
  • Entrance Foyer
  • Great Room with Fireplace
  • Family Room
  • Living Room with Fireplace
  • Galley Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated Lap Pool
  • Heated In Ground Pool
  • Saltwater Pool
  • Diving Board

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Air

Listing and Financial Details

  • Security Deposit $6,000
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 10/1/22
  • Tax Lot 1
  • Tax Tract Number 16266
  • Assessor Parcel Number 93647096

Community Details

Overview

  • Property has a Home Owners Association
  • $100 HOA Transfer Fee
  • Verona Subdivision

Recreation

  • Community Pool
  • Park
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,004

Year Built

Built in 2003

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Available Date: 2022-10-01
  • Credit Check Paid By: Tenant
  • Deposit Pets: 1000
  • Deposit Security: 6000
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fees: 100.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Other Phone Description: 949-241-4544
  • Property Attached: No
  • Subdivision Name Other: Verona (VERO)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 93647096
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1919.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Great Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2.61
  • Room Type: Entry, Family Room, Foyer, Galley Kitchen, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet

Exterior Features

  • View: City Lights, Neighborhood
  • Pool Features: Community, Diving Board, Heated, In Ground, Lap, Salt Water
  • Pool Private: No

Garage/Parking

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

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Biking, Hiking, Gutters, Park, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre, Level, Sprinklers On Side
  • Lot Size Sq Ft: 3000.00
  • Lot Size Acres: 0.0689

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 3000.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Census Tract: 626.45
  • Tax Lot: 1
  • Tax Tract Number: 16266

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2022
Sold by
Luis Martin Richard and Luis Sahar
Bought by
Martin Family Trust
Current Estimated Value
$1,790,926

Purchase Details

Listed on
Oct 15, 2021
Closed on
Nov 18, 2021
Sold by
Horn Randall and Coombe Tracy
Bought by
Martin Richard Luis and Sharifzadeh Sahar
Seller's Agent
Georgina Jacobson
Coldwell Banker Realty
Buyer's Agent
Simin Hojat
Simin Hojat, Broker
List Price
$1,275,000
Sold Price
$1,310,000
Premium/Discount to List
$35,000
2.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.39%
Original Mortgage
$1,048,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2010
Sold by
Horn Randall and Coombe Tracy
Bought by
Horn Randall and Coombe Tracy

Purchase Details

Closed on
Jan 6, 2006
Sold by
Coombe Tracy D and Horn Randall S
Bought by
Horn Randall S and Coombe Tracy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2003
Sold by
Greystone Homes Inc
Bought by
Coombe Tracy D and Horn Randall S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$619,192
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Martin Family Trust -- Sawday Jennifer N
Martin Richard Luis $1,310,000 Fidelity Natl Ttl Orange Cnt
Horn Randall -- None Available
Horn Randall -- None Available
Horn Randall S -- American Coast Title Company
Coombe Tracy D $774,000 North American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Richard Luis $1,048,000
Previous Owner Horn Randall $724,256
Previous Owner Horn Randall S $625,500
Previous Owner Horn Randall S $290,000
Previous Owner Horn Randall S $700,000
Previous Owner Horn Randall S $168,000
Previous Owner Coombe Tracy D $280,000
Previous Owner Coombe Tracy D $619,192
Closed Coombe Tracy D $77,399
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2022 10/26/22 Rented $5,000 0.0% --
10/12/2022 10/12/22 Price Changed $5,000 -9.1% $3 / Sq Ft
10/01/2022 10/01/22 For Rent $5,500 0.0% --
12/03/2021 12/03/21 Sold $1,310,000 +2.7% $683 / Sq Ft
10/24/2021 10/24/21 Pending -- -- --
10/23/2021 10/23/21 For Sale $1,275,000 0.0% $664 / Sq Ft
08/29/2018 08/29/18 Rented $3,700 -5.1% --
07/31/2018 07/31/18 Price Changed $3,900 -2.5% $2 / Sq Ft
07/12/2018 07/12/18 For Rent $4,000 -8.0% --
06/21/2016 06/21/16 Rented $4,350 0.0% --
06/14/2016 06/14/16 For Rent $4,350 -- --
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 $15,004 $1,390,182 $1,041,767 $348,415
2024 $15,004 $1,362,924 $1,021,340 $341,584
2023 $14,730 $1,336,200 $1,001,313 $334,887
2022 $14,481 $1,310,000 $981,679 $328,321
2021 $11,247 $1,016,641 $721,383 $295,258
2020 $11,138 $1,006,217 $713,986 $292,231
2019 $10,911 $986,488 $699,987 $286,501
2018 $10,695 $967,146 $686,262 $280,884
2017 $10,507 $948,183 $672,806 $275,377
2016 $10,273 $929,592 $659,614 $269,978
2015 $10,174 $915,629 $649,706 $265,923
2014 $9,936 $897,694 $636,980 $260,714
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22213629

California Regional Multiple Listing Service (CRMLS)

APN: 936-470-96