NOT LISTED FOR SALE

396 Villa Point Dr Newport Beach, CA 92660

Estimated Value: $1,841,000 - $2,219,353

3 Beds
3 Baths
1,884 Sq Ft
1990 Built

Last Sold May 31, 2017

Last sale price $985,000 $523 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $11,595/month

Highlights

  • Fitness Center
  • Two Primary Bedrooms
  • Community Pool
  • Abraham Lincoln Elementary School Rated A
  • Golf Course View
  • Laundry Room

About This Home

As of June 2023

Desirable Newport Beach Location close to Fashion Island, Balboa Island, Newly rebuilt Newport Beach Country Club and Corona del Mar. Villa Point is a Resort-like Gated Community Featuring 2 Pools, 2 Spas, 2 Fitness Centers & Lush Landscaping. Experience coastal living at its finest in this beautifully appointed Villa Point view home featuring incredible panoramic views of Newport Beach Golf Course. Unique to Villa Point This upgraded retreat features 2 bedroom with 3rd loft style bedroom and 3 bathrooms. Beautifully upgraded Kitchen with marble Counter Tops, Partial Hardwood Floors, Custom Wood Cabinets, Recessed Lighting, Newer Appliances, Fireplace in Living Room. The main level master bedroom has golf course views and a recently remodeled master bathroom featuring gorgeous dual-sink restoration hardware finishes. 2nd bedroom has private access from the main living area, private bathroom, and its own kitchenette complete with washer & dryer. The Upstairs Loft Area bedroom has its own bathroom, sitting area, office space and lots of storage areas.

Last Agent to Rent the Property

Michael Hinderberger

Compass License #01919850 Listed on: 05/27/2023

Compass

Last Renter's Agent

Michael Hinderberger

Compass License #01919850 Listed on: 05/27/2023

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,181

Year Built

  • Built in 1990

Parking

  • 1 Car Garage

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,884 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Golf Course Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Double Master Bedroom
  • 3 Full Bathrooms

Additional Features

  • Two or More Common Walls
  • Central Air

Listing and Financial Details

  • Security Deposit $9,800
  • Rent includes association dues, pool, trash collection
  • 12-Month Minimum Lease Term
  • Available 6/5/23
  • Tax Lot 2
  • Tax Tract Number 11937
  • Assessor Parcel Number 93963521

Community Details

Overview

  • Property has a Home Owners Association
  • 228 Units
  • Villa Point Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $500

Condo Details

Home Type

Condominium

Est. Annual Taxes

$12,181

Year Built

Built in 1990

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2023-06-05
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 9800
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • Subdivision Name Other: Villa Point (VILP)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93963521
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1884.00 Square Feet
  • Stories: 2
  • Entry Location: 2
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Level: 2
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2.55
  • Room Type: Two Masters

Exterior Features

  • View: Golf Course
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Closet, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Gym/Ex Room
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Number Of Units In Community: 228
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Pool, Trash Collection

Tax Info

  • Tax Census Tract: 630.08
  • Tax Lot: 2
  • Tax Tract Number: 11937

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2025
Sold by
Vakharia Roger H and Vakharia Lisa Shepherd
Bought by
Rlan Vakharia Trust and Vakharia
Current Estimated Value
$1,985,838

Purchase Details

Listed on
Aug 10, 2016
Closed on
May 5, 2017
Sold by
Bliss Lisa Lynn Griffin
Bought by
Vakharia Roger H and Vakharia Lisa Shepherd
Seller's Agent
Michael Hinderberger
Compass
Buyer's Agent
Lisa Vakharia
Lisa Shepherd Vakharia
List Price
$1,225,000
Sold Price
$985,000
Premium/Discount to List
-$240,000
-19.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%

Purchase Details

Listed on
Mar 18, 2013
Closed on
Mar 27, 2013
Sold by
Patton Bruce G
Bought by
Bliss Lisa Lynn Griffin and Lisa Lynn Griffin Bliss Revocable Trust
Seller's Agent
Mark Simon
Berkshire Hathaway Homeservice
Buyer's Agent
Casey Lesher
Christie's International R.E. Southern California
List Price
$749,000
Sold Price
$752,500
Premium/Discount to List
$3,500
0.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
Original Mortgage
$602,000
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2010
Sold by
Patton Bruce G
Bought by
Patton Bruce G and Mcelhinny Julia

Purchase Details

Closed on
Jan 7, 2002
Sold by
Patton Bruce G
Bought by
Patton Bruce G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.01%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 30, 2001
Sold by
Patton Christine L
Bought by
Patton Bruce G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.67%

Purchase Details

Closed on
Sep 29, 1999
Sold by
Demars Paula Graef and Graef Paula J
Bought by
Patton Bruce G and Patton Christine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
7.87%

Purchase Details

Closed on
Sep 1, 1998
Sold by
Berg Graef Estelle
Bought by
Graef Paula J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.92%
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

Property History

Date Event Price Change Sq Ft Price
06/27/2023 06/27/23 Rented $4,800 -2.0% --
05/27/2023 05/27/23 For Rent $4,900 0.0% --
05/01/2023 05/01/23 Off Market $4,900 -- --
04/19/2020 04/19/20 Rented $3,500 -10.3% --
03/21/2020 03/21/20 For Rent $3,900 +2.6% --
10/13/2018 10/13/18 Rented $3,800 -1.3% --
10/03/2018 10/03/18 Under Contract -- -- --
10/02/2018 10/02/18 Price Changed $3,850 -3.6% $2 / Sq Ft
09/09/2018 09/09/18 For Rent $3,995 +1.1% --
07/14/2017 07/14/17 Rented $3,950 -0.6% --
07/01/2017 07/01/17 Under Contract -- -- --
06/18/2017 06/18/17 Price Changed $3,975 -13.6% $2 / Sq Ft
06/13/2017 06/13/17 Price Changed $4,600 +21.1% $3 / Sq Ft
06/09/2017 06/09/17 Price Changed $3,800 -18.3% $2 / Sq Ft
06/03/2017 06/03/17 For Rent $4,650 0.0% --
05/31/2017 05/31/17 Sold $985,000 -8.4% $616 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
02/20/2017 02/20/17 Price Changed $1,075,000 -6.5% $672 / Sq Ft
10/12/2016 10/12/16 Price Changed $1,150,000 -4.1% $719 / Sq Ft
09/08/2016 09/08/16 Price Changed $1,199,000 -2.1% $749 / Sq Ft
08/10/2016 08/10/16 For Sale $1,225,000 +62.8% $766 / Sq Ft
04/23/2013 04/23/13 Sold $752,500 +0.5% $470 / Sq Ft
03/24/2013 03/24/13 Pending -- -- --
03/18/2013 03/18/13 For Sale $749,000 0.0% $468 / Sq Ft
11/15/2012 11/15/12 Rented $2,950 0.0% --
11/12/2012 11/12/12 Under Contract -- -- --
11/02/2012 11/02/12 For Rent $2,950 -- --
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 $12,181 $1,143,174 $928,699 $214,475
2024 $12,181 $1,120,759 $910,489 $210,270
2023 $11,894 $1,098,784 $892,636 $206,148
2022 $11,694 $1,077,240 $875,134 $202,106
2021 $11,472 $1,056,118 $857,974 $198,144
2020 $11,361 $1,045,289 $849,176 $196,113
2019 $11,130 $1,024,794 $832,526 $192,268
2018 $10,910 $1,004,700 $816,201 $188,499
2017 $8,753 $798,432 $601,221 $197,211
2016 $8,559 $782,777 $589,432 $193,345
2015 $8,477 $771,019 $580,578 $190,441
2014 $8,278 $755,916 $569,205 $186,711
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23072903

California Regional Multiple Listing Service (CRMLS)

APN: 939-635-21