NOT LISTED FOR SALE

Estimated Value: $878,685 - $1,120,000

2 Beds
2 Baths
1,000 Sq Ft
$361/mo HOA Fee

Last Sold December 24, 2014

Last sale price $505,000 $505 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $6,331/month

22 Days on Market

Highlights

  • In Ground Pool
  • Ocean Side of Highway 1
  • Cape Cod Architecture
  • Marco Forster Middle School Rated A-
  • Peek-A-Boo Views
  • Deck

About This Home

As of December 2014

Fantastic opportunity in the highly desirable Niguel Beach Terrace community adjacent to the beautiful Strand Beach. This upper level unit boasts two bedrooms and two full baths, vaulted ceilings, newer windows and sliding glass doors. Enjoy ocean breezes and peek-a-boo ocean views from the dual decks. Laundry hookups are inside. Situated in one of the most luxurious enclaves of south Orange County close to the Ritz Carlton, the Headlands and the world famous Dana Point Harbor. This is resort-living at an affordable price. No mello roos and low association dues.

Last Agent to Sell the Property

Lon Whelan

Conrad Realtors Inc License #01291430 Listed on: 10/07/2014

Last Buyer's Agent

Ofelia Reichel

Century 21 Discovery License #01060492

Century 21 Discovery

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1982

Lot Details

  • Two or More Common Walls

HOA Fees

  • $361 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Fixer Upper

Interior Spaces

  • 1,000 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Peek-A-Boo Views
  • Eat-In Kitchen
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • 1 Carport Space

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Ocean Side of Highway 1
  • Deck
  • Patio

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 11799
  • Assessor Parcel Number 93941038

Community Details

Overview

  • 360 Units

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Year Built

Built in 1982

Lot Details

0

HOA Fees

$361 per month

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Niguel Beach Terrace (NBT)
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Condition: Fixer
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93941038
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1000.00
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s)
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Levels: One
  • Price Per Square Foot: 505.00
  • Room Type: All Bedrooms Up
  • Spa Features: In Ground

Exterior Features

  • Patio: Yes
  • View: Peek-A-Boo
  • Patio And Porch Features: Deck
  • Pool Features: Association, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Carport Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Appliances: Refrigerator
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 361.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 871.00
  • Lot Size Acres: 0.0200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 0.0200 Acres
  • Number Of Units In Community: 360
  • Number Of Units Total: 360
  • Waterfront Features: Ocean Side Of Highway 1, Ocean Side of Freeway

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 11799

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2014
Closed on
Dec 16, 2014
Sold by
Meza Maria E
Bought by
Meza Carlos R
Seller's Agent
Lon Whelan
Conrad Realtors Inc
Buyer's Agent
Ofelia Reichel
Century 21 Discovery
List Price
$509,900
Sold Price
$505,000
Premium/Discount to List
-$4,900
-0.96%
Current Estimated Value
$1,036,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$531,421
Avg. Annual Appreciation
6.72%
Original Mortgage
$378,750
Outstanding Balance
$290,974
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$745,447

Purchase Details

Listed on
Oct 7, 2014
Closed on
Oct 30, 2014
Sold by
Plana Jennifer
Bought by
Meza Carlos R
Seller's Agent
Lon Whelan
Conrad Realtors Inc
Buyer's Agent
Ofelia Reichel
Century 21 Discovery
List Price
$509,900
Sold Price
$505,000
Premium/Discount to List
-$4,900
-0.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,750
Outstanding Balance
$290,974
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$745,447

Purchase Details

Closed on
Jul 23, 2014
Sold by
Bush Michael Francis
Bought by
Bush Michael F and Michael F Bush Revocable Living Trust

Purchase Details

Closed on
Nov 20, 2003
Sold by
Bush Michael Francis
Bought by
Bush Michael Francis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,123
Interest Rate
2.8%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Meza Carlos R -- Chicago Title Company
Meza Carlos R $505,000 Chicago Title Company
Bush Michael F -- None Available
Bush Michael Francis -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meza Carlos R $378,750
Previous Owner Bush Michael Francis $421,123
Closed Bush Michael Francis $421,123
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/24/2014 12/24/14 Sold $505,000 -1.0% $505 / Sq Ft
10/29/2014 10/29/14 Pending -- -- --
10/07/2014 10/07/14 For Sale $509,900 -- $510 / 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 $6,603 $606,931 $525,875 $81,056
2024 $6,603 $595,031 $515,564 $79,467
2023 $6,415 $583,364 $505,455 $77,909
2022 $6,248 $571,926 $495,544 $76,382
2021 $6,109 $560,712 $485,827 $74,885
2020 $6,081 $554,963 $480,845 $74,118
2019 $5,957 $544,082 $471,417 $72,665
2018 $5,827 $533,414 $462,173 $71,241
2017 $5,694 $522,955 $453,110 $69,845
2016 $5,575 $512,701 $444,225 $68,476
2015 $5,392 $505,000 $437,552 $67,448
2014 $1,554 $135,190 $50,905 $84,285
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14215192

California Regional Multiple Listing Service (CRMLS)

APN: 939-410-38