NOT LISTED FOR SALE

406 Orion Way Newport Beach, CA 92663

Estimated Value: $1,174,277 - $3,123,000

3 Beds
2 Baths
1,238 Sq Ft
1,577 Sq Ft Lot

Last Sold June 05, 2015

Last sale price $589,000 $476 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $9,527/month

Highlights

  • Fireplace in Primary Bedroom
  • Pool View
  • Formal Dining Room
  • Newport Heights Elementary Rated A
  • Community Pool
  • Tile Countertops

About This Home

As of October 2022

Cook from your kitchen while watching your loved ones swim in the pool! This fabulous single family attached end unit features a large master bedroom with bath and 2 additional guest bedrooms with a guest bath. The property has a large open living room with vaulted ceiling, a cozy fireplace, brand new hardwood floors, a dining room, kitchen with a new stovetop and hood along with a new dishwasher, paver tile flooring and skylight, enclosed outdoor patio for entertaining and barbecuing, inside laundry room and a two car garage plus and extra carport with a total of 3 parking spaces. Washer, dryer and refrigerator are included. The association pool is steps away and visible from your kitchen window. A beautiful green belt is close by and the property is walking distance from the beach with easy access to the 405 and 55 freeway. Enjoy all the incredible restaurants of Newport Beach just steps away. The property will be available the first week of October.

Last Agent to Rent the Property

John Vitti

Coldwell Banker Realty License #01972247 Listed on: 09/12/2022

Coldwell Banker Realty

Last Renter's Agent

John Vitti

Coldwell Banker Realty License #01972247 Listed on: 09/12/2022

Coldwell Banker Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,696

Year Built

  • Built in 1962

Lot Details

  • 1,577

Parking

  • 3 Car Garage

Interior Spaces

  • 1,238 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Pool Views
  • Tile Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • 2 Full Bathrooms
  • Tile Bathroom Countertop

Home Security

Outdoor Features

  • Fireplace in Patio
  • Open Patio

Utilities

  • Central Heating
  • Natural Gas Connected

Additional Features

  • Accessible Parking
  • 1 Common Wall

Listing and Financial Details

  • Security Deposit $4,500
  • Rent includes pool, trash collection
  • 12-Month Minimum Lease Term
  • Available 10/3/22
  • Tax Lot 70
  • Tax Tract Number 4692
  • Assessor Parcel Number 42537239

Community Details

Overview

  • Property has a Home Owners Association
  • 130 Units
  • Park Lido Subdivision

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $1,000

Security

  • Carbon Monoxide Detectors

Condo Details

Home Type

Condominium

Est. Annual Taxes

$7,696

Year Built

Built in 1962

Lot Details

0

Parking

3

Rental Info

  • Additional Rent For Pets: Yes
  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2022-10-03
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 1000
  • Deposit Security: 4500
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s)
  • Subdivision Name Other: Park Lido (PKLI)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 42537239
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1238.00 Square Feet
  • Interior Amenities: Tile Counters
  • Stories: 3
  • Common Walls: 1 Common Wall
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Living Room, Separated
  • Fireplace Features: Living Room, Master Bedroom, Patio
  • Levels: Three Or More
  • Price Per Square Foot: 3.23
  • Room Type: All Bedrooms Up
  • Bathroom Features: Tile Counters
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • View: Pool
  • Patio And Porch Features: Patio Open
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Senior Community: No
  • Community Features: Curbs, Storm Drains

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 1578.00
  • Lot Size Acres: 0.0362

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 1578.0000 Square Feet
  • Number Of Units In Community: 130
  • Number Of Units Total: 1
  • Rent Includes: Pool, Trash Collection

Tax Info

  • Tax Census Tract: 636.03
  • Tax Lot: 70
  • Tax Tract Number: 4692

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2015
Closed on
May 6, 2015
Sold by
Stanhope Terry Richard
Bought by
The Dastgheib Family Trust
Seller's Agent
Jeremiah Secrest
First Team Real Estate
Buyer's Agent
Diana Miner
Coldwell Banker Realty
List Price
$589,000
Sold Price
$589,000
Current Estimated Value
$1,694,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,105,319
Avg. Annual Appreciation
10.69%
Original Mortgage
$441,750
Outstanding Balance
$339,566
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$1,354,753
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 Dastgheib Family Trust $589,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Dastgheib Family Trust $441,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/09/2022 10/09/22 Rented $3,995 -0.1% --
10/05/2022 10/05/22 Under Contract -- -- --
09/12/2022 09/12/22 For Rent $3,999 +35.6% --
05/20/2020 05/20/20 Rented $2,950 0.0% --
04/24/2020 04/24/20 Under Contract -- -- --
03/31/2020 03/31/20 For Rent $2,950 -1.7% --
04/01/2018 04/01/18 Rented $3,000 +0.2% --
02/09/2018 02/09/18 Under Contract -- -- --
01/11/2018 01/11/18 For Rent $2,995 +1.5% --
09/22/2016 09/22/16 Rented $2,950 +0.4% --
09/15/2016 09/15/16 For Rent $2,939 0.0% --
06/05/2015 06/05/15 Sold $589,000 0.0% $476 / Sq Ft View Prior Sale
04/30/2015 04/30/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $589,000 -- $476 / 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 $7,696 $707,884 $629,073 $78,811
2024 $7,696 $694,004 $616,738 $77,266
2023 $7,513 $680,397 $604,646 $75,751
2022 $7,385 $667,056 $592,790 $74,266
2021 $7,245 $653,977 $581,167 $72,810
2020 $7,175 $647,272 $575,208 $72,064
2019 $7,032 $634,581 $563,930 $70,651
2018 $6,894 $622,139 $552,873 $69,266
2017 $6,773 $609,941 $542,033 $67,908
2016 $6,623 $597,982 $531,405 $66,577
2015 $979 $60,349 $32,559 $27,790
2014 $957 $500,000 $437,317 $62,683
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22199527

California Regional Multiple Listing Service (CRMLS)

APN: 425-372-39