Seller's Agent in 2024
Bonnie Foley
First Team Real Estate
(949) 294-0719
10 Total Sales
40 Villa Point Dr Newport Beach, CA 92660
Estimated Value: $1,096,000 - $1,268,000
2
Beds
2
Baths
1,190
Sq Ft
$595/mo
HOA Fee
Highlights
- Fitness Center
- Heated In Ground Pool
- Automatic Gate
- Abraham Lincoln Elementary School Rated A
- Primary Bedroom Suite
- 4-minute walk to Back Bay View Park
About This Home
As of April 2024Welcome to 40 Villa Point, an exclusive retreat in the heart of Newport Beach's coveted Villa Point gated community. This charming condominium offers a luxurious coastal lifestyle just moments away from Balboa Island, Corona del Mar, Fashion Island, and Newport Harbor.Nestled within a serene enclave, this residence features two bedrooms, two bathrooms, and a convenient one-car detached garage, providing both comfort and convenience. With an open layout spanning 1190 square feet, this home is thoughtfully designed to maximize space and natural light.The gourmet kitchen boasts stainless steel appliances and upper cabinets with glass doors, perfect for culinary enthusiasts and entertaining guests. Adjacent to the kitchen, the inviting living area with its recessed lighting and crown molding features a cozy fireplace and access to a private balcony, where you can unwind and enjoy tranquil views of the surrounding landscape.The spacious primary suite offers a peaceful retreat with a walk-in closet and a secondary wardrobe with mirrored doors. The additional primary bedroom with en suite bathroom provides versatility for guests or a home office. Other highlights include an indoor full-size washer and dryer, and air conditioning ensuring a lifestyle of luxury and relaxation.Residents of Villa Point have access to a host of resort-style amenities, including two sparkling pools, a rejuvenating spa, and a well-equipped fitness center, perfect for enjoying the coastal lifestyle to the fullest. With its prime location near Fashion Island, residents can indulge in world-class shopping, dining, and entertainment options just moments from home.Don't miss the opportunity to experience the best of Newport Beach living.
Last Agent to Sell the Property
First Team Real Estate Brokerage Phone: 949-294-0719 License #01371482 Listed on: 03/15/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,437
Year Built
- Built in 1991
Lot Details
- Two or More Common Walls
- Wrought Iron Fence
- Stucco Fence
- Fence is in good condition
- Landscaped
HOA Fees
- $595 Monthly HOA Fees
Parking
- 1 Car Garage
- Parking Available
- Single Garage Door
- Driveway
- Automatic Gate
- Guest Parking
Home Design
- Mediterranean Architecture
- Turnkey
- Slab Foundation
- Fire Rated Drywall
- Tile Roof
- Common Roof
- Pre-Cast Concrete Construction
- Stucco
Interior Spaces
- 1,190 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Crown Molding
- Recessed Lighting
- Gas Fireplace
- Shutters
- Drapes & Rods
- Blinds
- Window Screens
- Sliding Doors
- Entryway
- Family Room Off Kitchen
- Living Room with Fireplace
- Living Room Balcony
- Storage
- Courtyard Views
Kitchen
- Open to Family Room
- Breakfast Bar
- Electric Range
- Free-Standing Range
- Microwave
- Ice Maker
- Water Line To Refrigerator
- Dishwasher
- Ceramic Countertops
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Primary Bedroom Suite
- Double Master Bedroom
- Walk-In Closet
- Mirrored Closets Doors
- Bathroom on Main Level
- Tile Bathroom Countertop
- Bathtub with Shower
- Walk-in Shower
- Exhaust Fan In Bathroom
- Linen Closet In Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Accessible Home Design
- Grab Bar In Bathroom
- No Interior Steps
- Low Pile Carpeting
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Fence Around Pool
Outdoor Features
- Ocean Side of Freeway
- Covered Patio or Porch
- Exterior Lighting
- Rain Gutters
Location
- Property is near a clubhouse
- Property is near a park
- Property is near public transit
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Vented Exhaust Fan
- Underground Utilities
- Natural Gas Connected
- Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 14055
- Assessor Parcel Number 93963649
- $375 per year additional tax assessments
Community Details
Overview
- 228 Units
- Villa Point Association, Phone Number (949) 218-9970
- Pmp Management HOA
- Villa Point Subdivision
- Greenbelt
Amenities
- Clubhouse
Recreation
- Fitness Center
- Community Pool
- Community Spa
Pet Policy
- Pets Allowed
- Pet Restriction
Security
- Card or Code Access
- Gated Community
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 31, 2025
Sold by
Rahimian Pour Ali and Esmaily Radvar Giti
Bought by
Rahimian Helia
Current Estimated Value
Purchase Details
Listed on
May 12, 2016
Closed on
Jun 8, 2016
Sold by
Nordeck Stephen A
Bought by
Bullock Sheila W and The Sheila W Bullock Trust
Seller's Agent
Brian Nejedly
McMonigle Group Corp
Buyer's Agent
Kathy Fallon
Surterre Properties Inc.
List Price
$735,000
Sold Price
$725,000
Premium/Discount to List
-$10,000
-1.36%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.43%
Purchase Details
Closed on
Apr 10, 2015
Sold by
Nordeck Stephen A
Bought by
Stephen A Nordeck Trust and Nordeck Stephen A
Purchase Details
Listed on
Feb 23, 2012
Closed on
May 2, 2012
Sold by
Wilcox Patricia D
Bought by
Nordeck Stephen A
Seller's Agent
James Gray
Arbor Real Estate
Buyer's Agent
William Perry
Alta Realty
List Price
$445,000
Sold Price
$387,500
Premium/Discount to List
-$57,500
-12.92%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.69%
Purchase Details
Closed on
Mar 5, 2012
Sold by
Holloway Karin
Bought by
Wilcox Patricia D
Purchase Details
Closed on
Aug 21, 2006
Sold by
Holloway Karin
Bought by
Holloway Karin and Wilcox Patricia D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,500
Interest Rate
7.25%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Sep 29, 2004
Sold by
Gans James P and Gans Nina J
Bought by
Holloway Karin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
1%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 2, 2003
Sold by
Steinberg Steven Michael
Bought by
Gans James P and Gans Nina J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,600
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 4, 1998
Sold by
Michael Steinberg Steven
Bought by
Steinberg Steven Michael and Steinberg Eileen K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.75%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rahimian Helia | -- | None Listed On Document | |
| Bullock Sheila W | $725,000 | Fidelity National Title | |
| Stephen A Nordeck Trust | -- | None Available | |
| Nordeck Stephen A | $387,500 | Advantage Title Inc | |
| Wilcox Patricia D | -- | Accommodation | |
| Holloway Karin | -- | First American Title Co | |
| Holloway Karin | $630,000 | Chicago Title Co | |
| Gans James P | $469,500 | First American Title Co | |
| Steinberg Steven Michael | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Wilcox Patricia D | $592,500 | |
| Previous Owner | Holloway Karin | $504,000 | |
| Previous Owner | Gans James P | $128,400 | |
| Previous Owner | Gans James P | $375,600 | |
| Previous Owner | Steinberg Steven Michael | $175,000 | |
| Closed | Gans James P | $93,900 | |
| Closed | Holloway Karin | $63,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/29/2024 04/29/24 | Sold | $1,040,000 | 0.0% | $874 / Sq Ft |
| 04/03/2024 04/03/24 | Pending | -- | -- | -- |
| 03/15/2024 03/15/24 | For Sale | $1,040,000 | +43.4% | $874 / Sq Ft |
| 08/02/2016 08/02/16 | Sold | $725,000 | -1.4% | $609 / Sq Ft |
| 06/03/2016 06/03/16 | Pending | -- | -- | -- |
| 05/12/2016 05/12/16 | For Sale | $735,000 | +89.7% | $618 / Sq Ft |
| 05/24/2012 05/24/12 | Sold | $387,500 | -12.9% | $309 / Sq Ft |
| 02/23/2012 02/23/12 | For Sale | $445,000 | -- | $355 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $11,437 | $1,060,800 | $865,928 | $194,872 |
| 2024 | $11,437 | $1,050,000 | $869,758 | $180,242 |
| 2023 | $8,780 | $808,748 | $645,365 | $163,383 |
| 2022 | $8,630 | $792,891 | $632,711 | $160,180 |
| 2021 | $8,465 | $777,345 | $620,305 | $157,040 |
| 2020 | $8,443 | $769,375 | $613,945 | $155,430 |
| 2019 | $8,335 | $754,290 | $601,907 | $152,383 |
| 2018 | $8,172 | $739,500 | $590,104 | $149,396 |
| 2017 | $8,031 | $725,000 | $578,533 | $146,467 |
| 2016 | $5,593 | $488,078 | $336,533 | $151,545 |
| 2015 | $5,541 | $480,747 | $331,478 | $149,269 |
| 2014 | $5,415 | $471,330 | $324,984 | $146,346 |
Source: Public Records
Agents Affiliated with this Home
-
Bonnie Foley
-
Maggie Heshmatifar
Buyer's Agent in 2024
Maggie Heshmatifar
HomeSmart, Evergreen Realty
(949) 275-6666
65 Total Sales
-
B
Seller's Agent in 2016
Brian Nejedly
McMonigle Group Corp
-
Kathy Fallon
Buyer's Agent in 2016
Kathy Fallon
Surterre Properties Inc.
(949) 717-7100
39 Total Sales
-
James Gray
Seller's Agent in 2012
James Gray
Arbor Real Estate
(949) 375-2428
14 Total Sales
-
W
Buyer's Agent in 2012
William Perry
Alta Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24050483
APN: 939-636-49
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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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