NOT LISTED FOR SALE

Estimated Value: $1,346,268 - $1,667,000

2 Beds
2 Baths
1,212 Sq Ft
$393/mo HOA Fee

Last Sold February 26, 2019

Last sale price $748,500 $618 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $9,006/month

6 Days on Market

Highlights

  • Spa
  • Open Floorplan
  • Granite Countertops
  • Newport Coast Elementary School Rated A
  • Mediterranean Architecture
  • Open to Family Room

About This Home

As of February 2019

Enjoy the rewards of a carefree lifestyle at this distinctive upgraded townhome in Newport Coast’s sought-after gate-guarded neighborhood of The Summit. New carpet, fresh paint and an abundance of windows create a light and inviting ambiance throughout the two-story design, which is home to two bedrooms and two baths in approximately 1,212 square feet. A large bay window and elegant fireplace complement the living room, which flows effortlessly into a dining area and a sunny second-level deck. The open kitchen rewards even the most demanding chefs with granite countertops, custom tile backsplash, white cabinetry, a spacious pantry and stainless steel appliances. Wood and inlaid tile embellish hard-surface floors, and crown molding, ceiling fans and custom window treatments are displayed throughout. Enjoy neighborhood views from the balcony outside your master suite, which offers a luxurious bath with beautiful tile, two sinks and a walk-in closet with custom built-ins. Convenience is increased with a laundry room featuring extra cabinetry, and an attached two-car garage. Residents of The Summit appreciate exclusive access to a resort pool and spa, as well as an outstanding location near preserved open space, parks, shopping and top-rated schools.

Last Agent to Sell the Property

Pamela Howland

eXp Realty of Southern California, Inc License #01463433 Listed on: 01/17/2019

eXp Realty of Southern California, Inc

Last Buyer's Agent

Tyler Brown

Compass License #02043514

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,582

Year Built

  • Built in 1996

Lot Details

  • Two or More Common Walls
  • No Landscaping

HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • No Driveway

Home Design

  • Mediterranean Architecture
  • Turnkey

Interior Spaces

  • 1,212 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Shutters
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room Balcony
  • Storage
  • Carpet

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Built-In Range
  • Microwave
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Closet In Bathroom

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Spa
  • Exterior Lighting
  • Rain Gutters

Schools

  • Newport Coast Elementary School
  • Corona Del Mar Middle School
  • Corona Del Mar High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 14588
  • Assessor Parcel Number 93646232

Community Details

Overview

  • 150 Units
  • Newport Ridge Summit Association, Phone Number (949) 838-3270
  • First Service Association, Phone Number (949) 448-6148

Recreation

  • Community Pool
  • Community Spa

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,582

Year Built

Built in 1996

Lot Details

0

HOA Fees

$393 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Summit (NRSU)
  • View: No
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93646232
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1212.00 Square Feet
  • Interior Amenities: Granite Counters, Living Room Balcony, Open Floorplan, Recessed Lighting, Storage
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 617.57
  • Room Type: All Bedrooms Up, Laundry, Walk-In Closet
  • Spa Features: Association
  • Window Features: Shutters
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Master Bath, Stone Counters, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door, No Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Disposal, Gas Oven, Gas Range, Microwave
  • Electric: 220 Volts in Laundry
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: First Service
  • Amenities: Pool, Spa/Hot Tub, Dues Paid Monthly, Dues Paid Quarterly, Controlled Access
  • Association Fee: 295.00
  • Association #2 Fee: 294.00
  • Association #2 Fee Frequency: Quarterly
  • Association Fee Frequency: Monthly
  • Association Name: Newport Ridge Summit
  • Phone: 949-838-3270
  • Association Phone #2: 949-448-6148
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport Coast
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • Elementary School: Newport Coast
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • Elementary School #2: NEWCOA
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 150
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.45
  • Tax Lot: 12
  • Tax Tract Number: 14588

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2019
Closed on
Jan 29, 2019
Sold by
Fulmar Investments Llc
Bought by
Bisbas Alexa
Seller's Agent
Pamela Howland
eXp Realty of Southern California, Inc
Buyer's Agent
Tyler Brown
Compass
List Price
$769,000
Sold Price
$748,500
Premium/Discount to List
-$20,500
-2.67%
Current Estimated Value
$1,449,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$701,067
Avg. Annual Appreciation
10.70%
Original Mortgage
$552,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 25, 2016
Closed on
May 25, 2016
Sold by
Schroeder Jeffrey Brandon
Bought by
Fulmar Investments Llc
Seller's Agent
Marcus Gualter
Coldwell Banker Realty
Buyer's Agent
Jan Langford
Surterre Properties Inc.
List Price
$729,000
Sold Price
$675,000
Premium/Discount to List
-$54,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.86%

Purchase Details

Closed on
Jun 29, 2015
Sold by
Schroeder Tracy
Bought by
Schroeder Tracy C and Tracy Schroeder Trust

Purchase Details

Listed on
Jun 18, 2012
Closed on
Jul 18, 2012
Sold by
Schroeder Jeff
Bought by
Schroeder Jeffrey Brandon and Jeffrey Brandon Schroeder Living Trust
Seller's Agent
Marcus Gualter
Coldwell Banker Realty
Buyer's Agent
Donna Peebles
Surterre Properties Inc.
Sold Price
$2,875

Purchase Details

Closed on
Nov 21, 2000
Sold by
Doucette Andrew C
Bought by
Doucette Kimberly G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,600
Interest Rate
7.75%

Purchase Details

Closed on
Nov 14, 2000
Sold by
Doucette Kymberly G and Dryer Kymberly G
Bought by
Schroeder Jeff and Schroeder Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,600
Interest Rate
7.75%

Purchase Details

Closed on
Mar 18, 1996
Sold by
Lewis Homes Of California
Bought by
Dryer Kymberly G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,750
Interest Rate
7.84%
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
Bisbas Alexa $748,500 Lawyers Title
Fulmar Investments Llc $675,000 Fntg
Schroeder Tracy C -- None Available
Schroeder Jeffrey Brandon -- None Available
Doucette Kimberly G -- California Counties Title Co
Schroeder Jeff $317,000 California Counties Title Co
Dryer Kymberly G $191,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bisbas Alexa $533,000
Closed Bisbas Alexa $535,500
Closed Bisbas Alexa $552,500
Previous Owner Schroeder Tracy $555,000
Previous Owner Schroeder Jeff $275,000
Previous Owner Schroeder Jeff $253,600
Previous Owner Dryer Kymberly G $152,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2019 02/26/19 Sold $748,500 -2.7% $618 / Sq Ft
01/20/2019 01/20/19 For Sale $769,000 +2.7% $634 / Sq Ft
01/19/2019 01/19/19 Off Market $748,500 -- --
01/17/2019 01/17/19 For Sale $769,000 +13.9% $634 / Sq Ft
06/03/2016 06/03/16 Sold $675,000 -3.4% $557 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
05/06/2016 05/06/16 Price Changed $699,000 -0.9% $577 / Sq Ft
04/20/2016 04/20/16 Price Changed $705,000 -3.3% $582 / Sq Ft
04/19/2016 04/19/16 For Sale $729,000 0.0% $601 / Sq Ft
04/04/2016 04/04/16 Pending -- -- --
02/21/2016 02/21/16 Price Changed $729,000 -2.5% $601 / Sq Ft
01/25/2016 01/25/16 For Sale $748,000 0.0% $617 / Sq Ft
01/17/2014 01/17/14 Rented $2,950 -6.3% --
12/18/2013 12/18/13 Under Contract -- -- --
12/16/2013 12/16/13 For Rent $3,150 +9.6% --
07/20/2012 07/20/12 Rented $2,875 0.0% --
07/20/2012 07/20/12 Under Contract -- -- --
06/18/2012 06/18/12 For Rent $2,875 -- --
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 $8,582 $834,963 $673,967 $160,996
2024 $8,582 $818,592 $660,752 $157,840
2023 $8,460 $802,542 $647,796 $154,746
2022 $8,301 $786,806 $635,094 $151,712
2021 $7,324 $771,379 $622,641 $148,738
2020 $8,044 $763,470 $616,257 $147,213
2019 $7,608 $716,315 $576,687 $139,628
2018 $7,462 $702,270 $565,379 $136,891
2017 $7,326 $688,500 $554,293 $134,207
2016 $4,256 $403,501 $263,462 $140,039
2015 $4,219 $397,441 $259,505 $137,936
2014 -- $389,656 $254,421 $135,235
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19013847

California Regional Multiple Listing Service (CRMLS)

APN: 936-462-32