NOT LISTED FOR SALE

378 Villa Point Dr Newport Beach, CA 92660

Estimated Value: $1,319,931 - $1,598,000

2 Beds
2 Baths
1,307 Sq Ft
1991 Built

Last Sold August 20, 2013

Last sale price $775,000 $593 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $8,532/month

Highlights

  • Private Pool
  • All Bedrooms Downstairs
  • Furnished
  • Abraham Lincoln Elementary School Rated A
  • Golf Course View
  • 1 Car Attached Garage

About This Home

As of March 2016

Vacation rental | 30 day minimum

This beautiful ground floor end-unit is located in Villa Point and on the Newport Beach Golf Course. Villa Point is a great location to relax and enjoy all the activities Newport Beach has to offer. Centrally located to Balboa Island, Balboa Peninsula, Corona Del Mar, Fashion Island, Back Bay and a short drive down the coast to Laguna Beach.

From the moment you walk through the doors you will enjoy the great golf course view with each room showcasing the lush greens. The large patio takes advantage of the view and tranquility that life on a golf course offers. Both master suites have a full bathroom, walk in closets, and new queen size beds. The new kitchen with quartz countertops and table is well appointed with new stainless steel appliances and all the conveniences you will need for your stay.

If you’d rather relax and not cook, Newport Beach and Corona Del Mar offers great restaurants within walking distance. From the condo walk a few short steps to the pool and spa. During your stay take advantage of Newport’s world famous beaches. There are beach chairs and pool/beach towels provided for your use. Come stay and see for yourself what our condo and Newport Beach has to offer. You won’t be disappointed.

Last Agent to Rent the Property

Carol Lee

Compass License #01402855 Listed on: 02/17/2016

Compass

Last Renter's Agent

Wendy Ross

Wendy Hooper Ross, Broker License #01449478

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,167

Year Built

  • Built in 1991

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,307 Sq Ft Home
  • Furnished
  • Family Room with Fireplace
  • Golf Course Views

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Sewer Paid

Additional Features

  • Private Pool
  • Two or More Common Walls

Listing and Financial Details

  • Security Deposit $8,000
  • Rent includes cable TV, association dues, electricity, gas, pool, trash collection, water
  • Tax Lot 2
  • Tax Tract Number 11937
  • Assessor Parcel Number 93963530

Community Details

Overview

  • Property has a Home Owners Association
  • 99 Units

Recreation

  • Community Pool

Condo Details

Home Type

Condominium

Est. Annual Taxes

$8,167

Year Built

Built in 1991

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 8000
  • Furnished: Furnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • Subdivision Name Other: Villa Point (VILP)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93963530
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1307.00
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Stone
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 3.06
  • Room Type: All Bedrooms Down, Master Bedroom, Main Floor Master Bedroom

Exterior Features

  • View: Golf Course
  • Pool Features: Association, Community
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Paved

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: Month To Month
  • Number Of Units In Community: 99
  • Number Of Units Total: 99
  • Rent Includes: Cable TV, Association Dues, Electricity, Gas, Pool, Trash Collection, Water

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 11937

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2013
Closed on
Sep 24, 2013
Sold by
Donnelly Patricia
Bought by
Jones Edward Lawrence and Jones Carol Larson
Seller's Agent
Marilyn Kershner
Coldwell Banker Realty
Buyer's Agent
Susan Weir
Berkshire Hathaway Homeservice
List Price
$819,000
Sold Price
$775,000
Premium/Discount to List
-$44,000
-5.37%
Current Estimated Value
$1,473,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$698,483
Avg. Annual Appreciation
5.25%

Purchase Details

Closed on
Apr 1, 2005
Sold by
Olson Gordon H and Olson Helen M
Bought by
Olson Steven M

Purchase Details

Closed on
Aug 24, 2001
Sold by
Olson Vickie
Bought by
Olson Steven M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.5%

Purchase Details

Closed on
Apr 10, 1997
Sold by
Olson Gordon H and Olson Helen M
Bought by
Olson Gordon Harold and Olson Helen M

Purchase Details

Closed on
Sep 21, 1993
Sold by
Irvine Pacific
Bought by
Olson Steven M and Olson Gordon H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,900
Interest Rate
4%
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
Jones Edward Lawrence $775,000 Orange Coast Title
Olson Steven M $30,000 --
Olson Steven M -- --
Olson Gordon Harold -- --
Olson Steven M $272,500 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olson Steven M $200,000
Previous Owner Olson Steven M $217,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2016 02/24/16 Rented $4,000 0.0% --
02/24/2016 02/24/16 Under Contract -- -- --
02/17/2016 02/17/16 For Rent $4,000 0.0% --
08/20/2013 08/20/13 Sold $775,000 -3.0% $593 / Sq Ft
07/03/2013 07/03/13 Pending -- -- --
06/13/2013 06/13/13 Price Changed $799,000 -2.4% $611 / Sq Ft
05/24/2013 05/24/13 For Sale $819,000 -- $627 / 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 $8,167 $754,078 $581,857 $172,221
2024 $8,167 $739,293 $570,448 $168,845
2023 $7,973 $724,798 $559,263 $165,535
2022 $7,838 $710,587 $548,297 $162,290
2021 $7,690 $696,654 $537,546 $159,108
2020 $7,615 $689,511 $532,034 $157,477
2019 $7,463 $675,992 $521,602 $154,390
2018 $7,316 $662,738 $511,375 $151,363
2017 $7,188 $649,744 $501,348 $148,396
2016 $6,956 $637,004 $491,517 $145,487
2015 $6,888 $627,436 $484,134 $143,302
2014 $6,725 $615,146 $474,651 $140,495
Source: Public Records

Agents Affiliated with this Home

  • Carol Lee

    Landlord's Agent in 2016

    Carol Lee

    Compass

    (949) 395-3994

    23 Total Sales

    Carol Lee
    Section Image
  • Wendy Ross

    Tenant's Agent in 2016

    Wendy Ross

    Wendy Hooper Ross, Broker

    (949) 870-2424

    27 Total Sales

    Wendy Ross
    Section Image

  • M

    Seller's Agent in 2013

    Marilyn Kershner

    Coldwell Banker Realty

  • Susan Weir

    Buyer's Agent in 2013

    Susan Weir

    Berkshire Hathaway Homeservice

    (949) 795-2771

    9 Total Sales

    Susan Weir
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16032960

California Regional Multiple Listing Service (CRMLS)

APN: 939-635-30

California Orange County Newport Beach 92660

378 Villa Point Dr, Newport Beach, CA

This home is located at 378 Villa Point Dr, Newport Beach, CA 92660 since 17 February 2016 and is currently priced at $1,473,483. This property was built in 1991. 378 Villa Point Dr is a home located in Orange County with nearby schools including Abraham Lincoln Elementary School, Corona del Mar Middle and High School, and Our Lady Queen Of Angels.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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