NOT LISTED FOR SALE

Estimated Value: $376,000 - $442,129

2 Beds
2 Baths
1,093 Sq Ft
$424/mo HOA Fee

Last Sold May 05, 2014

Last sale price $170,000 $156 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $2,866/month

305 Days on Market

Highlights

  • Private Pool
  • Primary Bedroom Suite
  • Gated Community
  • Segerstrom High School Rated A-
  • All Bedrooms Downstairs
  • Open Floorplan

About This Home

As of May 2014

YES! This is it!!! From the moment you enter this spacious unit with soaring ceilings you will feel at home. The oversized living room features a corner fireplace and plenty of room for a dining nook plus sliders out to the airy balcony. New carpet has just been installed throughout and was recently professionally painted. The eat-in kitchen offers plenty of storage and includes a pantry. This popular floor plan has split master suites. The larger of the two has sliders leading to the balcony and 2 sets of closets. Both bedrooms have a contemporary flair with unique architectural elements. South Coast Springs is just steps from South Coast Plaza, restaurants and arts venues but it also a secluded, gated retreat that had a peaceful setting that is rare to find in the middle of this hub. The community offers 2 pools, spas, winding paths and more. This unit has a 1-car garage and 1 parking spot. Laundry closet on balcony too. Great investment opportunity - check the comps - this is a deal you don't want to miss!

Last Agent to Sell the Property

Holly McDonald

Compass Newport Beach License #01892567 Listed on: 06/02/2013

Compass Newport Beach

Last Buyer's Agent

Nickolas White

Seven Gables Real Estate License #01767819

Seven Gables Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,074

Year Built

  • Built in 1984

Lot Details

  • Two or More Common Walls
  • West Facing Home
  • Land Lease of $2,394

HOA Fees

  • $424 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Property Views

  • Creek or Stream
  • Pool

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,093 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Sliding Doors
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Carpet
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • Primary Bedroom Suite
  • Double Master Bedroom
  • 2 Full Bathrooms

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 11859
  • Assessor Parcel Number 93116760

Community Details

Overview

  • 150 Units

Recreation

  • Community Pool
  • Community Spa

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,074

Year Built

Built in 1984

Lot Details

0

HOA Fees

$424 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: South Coast Springs (SCSP)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93116760
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1093.00
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Living Room Deck Attached, Open Floorplan, Pantry
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Area, In Kitchen
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 155.54
  • Room Type: All Bedrooms Down, Living Room, Master Suite, Two Masters
  • Spa Features: Association

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • View: Pool, Creek/Stream
  • Patio And Porch Features: Deck
  • Pool Features: Association
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Controlled Access, Pool, Spa/Hot Tub
  • Association Fee: 424.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Santa Ana Unified

Lot Info

  • Land Lease: Yes
  • Land Lease Amount: 2394.00
  • Land Lease Renewal Date: 2037-01-01
  • Lot Features: Near Public Transit

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 150
  • Number Of Units Total: 150

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 11859

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2015
Sold by
Semerdjiev George and Semerdjiev Anna
Bought by
The Semerdjien Revocable Living Trust
Current Estimated Value
$401,369

Purchase Details

Listed on
Jun 2, 2013
Closed on
Apr 9, 2014
Sold by
Hofreiter Sharon
Bought by
Hofreiter Thomas
Seller's Agent
Holly McDonald
Compass Newport Beach
Buyer's Agent
Nickolas White
Seven Gables Real Estate
List Price
$195,000
Sold Price
$170,000
Premium/Discount to List
-$25,000
-12.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.70%
Original Mortgage
$136,000
Interest Rate
4.38%
Mortgage Type
New Conventional
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
The Semerdjien Revocable Living Trust -- None Available
Hofreiter Thomas -- Title 365
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Semerdjiev George $136,000
Closed Hofreiter Thomas $210,000
Closed Hofreiter Tom $176,800
Closed Hofreiter Tom $33,150
Closed Nguyen Anthony $122,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2014 05/05/14 Sold $170,000 -5.0% $156 / Sq Ft
03/18/2014 03/18/14 Price Changed $179,000 +6.5% $164 / Sq Ft
02/14/2014 02/14/14 Price Changed $168,000 -9.2% $154 / Sq Ft
02/04/2014 02/04/14 Price Changed $185,000 +24.2% $169 / Sq Ft
09/20/2013 09/20/13 Price Changed $149,000 -21.6% $136 / Sq Ft
06/10/2013 06/10/13 Price Changed $190,000 -2.6% $174 / Sq Ft
05/25/2013 05/25/13 For Sale $195,000 -- $178 / 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 $3,074 $253,653 $154,058 $99,595
2024 $3,074 $248,680 $151,037 $97,643
2023 $2,995 $243,804 $148,075 $95,729
2022 $2,960 $239,024 $145,172 $93,852
2021 $2,891 $234,338 $142,326 $92,012
2020 $2,894 $231,936 $140,867 $91,069
2019 $2,839 $227,389 $138,105 $89,284
2018 $2,733 $222,931 $135,397 $87,534
2017 $2,708 $218,560 $132,742 $85,818
2016 $2,654 $214,275 $130,139 $84,136
2015 $2,698 $211,057 $128,184 $82,873
2014 $2,266 $179,657 $92,695 $86,962
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13098344

California Regional Multiple Listing Service (CRMLS)

APN: 931-167-60