NOT LISTED FOR SALE

41 Ocean Vista Unit 40 Newport Beach, CA 92660

Estimated Value: $2,417,000 - $3,042,000

2 Beds
2.5 Baths
2,272 Sq Ft
$1,225/Sq Ft Est. Value

Last Sold August 16, 2016

Last sale price $1,529,000 $673 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $15,958/month

Highlights

  • No Units Above
  • Primary Bedroom Suite
  • Updated Kitchen
  • Abraham Lincoln Elementary School Rated A
  • View of Trees or Woods
  • 304,920 Sq Ft lot

About This Home

As of October 2018

Welcome to your own private paradise! This superbly appointed home is conveniently located in a renowned gated community. Walk to Balboa Island, Fashion Island, excellent restaurants and it's so close to the beach! The spacious upside down Mediterranean floor plan boasts two great rooms, two bedrooms with en-suite bathrooms, a powder room, and an office area. There are three amazing outdoor areas including a private and lush yard off the master suite, a lanai off the main living area and an inviting patio at the entrance. Perfect for entertaining! The master has dual large walk in closets and a beautifully renovated bathroom. Other features include granite counter-tops, stainless steel appliances and decor perfectly selected by an interior designer. Two car garage with access to the home and a full size washer and dryer in a laundry area off the kitchen.

Last Agent to Rent the Property

Shanna Cox

Karly Brown, Broker License #01928080 Listed on: 08/09/2018

Co-Listed By

Karly Brown

Karly Brown, Broker License #01189690

Last Renter's Agent

Shanna Cox

Karly Brown, Broker License #01928080 Listed on: 08/09/2018

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,531

Year Built

  • Built in 1981

Lot Details

  • 7 Acre Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Drip System Landscaping
  • Backyard Sprinklers
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 2,272 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Furnished
  • Furnished or left unfurnished upon request
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Living Room with Fireplace
  • Views of Woods

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Double Oven
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Pots and Pans Drawers
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Granite Bathroom Countertops
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Fence Around Pool
  • Balcony
  • Brick Porch or Patio
  • Terrace
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $5,300
  • 12-Month Minimum Lease Term
  • Available 9/1/18
  • Tax Lot 5
  • Tax Tract Number 9676
  • Assessor Parcel Number 93963026

Community Details

Overview

  • Property has a Home Owners Association
  • 133 Units

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit $1,000
  • Dogs Allowed
  • Breed Restrictions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,531

Year Built

Built in 1981

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2018-09-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Other: 2000
  • Deposit Pets: 1000
  • Deposit Security: 5300
  • Furnished: Furnished Or Unfurnished
  • Pets Allowed: Breed Restrictions, Dogs OK, Number Limit, Size Limit
  • Transfer Fee Paid By: Owner

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Seaview (SEAV)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Townhouse
  • Property Type: Residential Lease
  • Parcel Number: 93963026
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2272.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Ceiling Fan(s), Furnished, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, Unfurnished
  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2.64
  • Room Type: All Bedrooms Down, Main Floor Master Bedroom, Master Suite
  • Bathroom Features: Bathtub, Shower, Granite Counters
  • Room Kitchen Features: Granite Counters, Pots & Pan Drawers, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • View: Trees/Woods
  • Patio And Porch Features: Brick, Patio, Terrace
  • Pool Features: Association, Fenced
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Dishwasher, Double Oven, Disposal, Gas Range, Gas Cooktop, Ice Maker, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Common Area, Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre, Landscaped, Sprinklers Drip System, Sprinklers In Rear
  • Lot Size Sq Ft: 304920.00

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Management Co: Balboa Newport Realty
  • Management Co Phone: 9497234494
  • Number Of Units In Community: 133
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 630.08
  • Tax Lot: 5
  • Tax Tract Number: 9676

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2016
Closed on
Jul 7, 2016
Sold by
Zubi Zaid H
Bought by
Hamilton Noel D and Hamilton Katherine R
Seller's Agent
Mark Taylor
Compass
Buyer's Agent
Adrienne Brandes
Surterre Properties Inc.
List Price
$1,595,000
Sold Price
$1,529,000
Premium/Discount to List
-$66,000
-4.14%
Current Estimated Value
$2,783,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,254,146
Avg. Annual Appreciation
7.08%
Original Mortgage
$1,125,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2003
Sold by
Nein Inc
Bought by
Zubi Zaid H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.87%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 7, 1995
Sold by
Zubi Yvonne Llauger
Bought by
Zubi Zaid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8.36%

Purchase Details

Closed on
Apr 24, 1995
Sold by
Zubi Yvonne Llauger
Bought by
Zubi Zaid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8.36%

Purchase Details

Closed on
Jan 19, 1995
Sold by
Zubi Yvonne Llauger
Bought by
Zubi Zaid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
9.28%
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
Hamilton Noel D $1,529,000 Chicago Title Company
Zubi Zaid H -- Ticor Title Company
Zubi Zaid H -- Ticor Title Company
Zubi Zaid -- Benefit Land Title Co
Zubi Zaid -- Benefit Land Title Co
Zubi Zaid -- Benefit Land Title Co
Zubi Zaid -- Benefit Land Title Company
Nein Inc -- Benefit Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamilton Noel D $1,000,000
Closed Hamilton Noel D $100,000
Closed Hamilton Noel D $1,125,000
Previous Owner Zubi Zaid H $557,000
Previous Owner Zubi Zaid H $550,000
Previous Owner Zubi Zaid $250,000
Previous Owner Zubi Zaid $250,000
Previous Owner Zubi Zaid $250,000
Previous Owner Zubi Zaid $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2018 10/29/18 Rented $6,000 +13.2% --
10/24/2018 10/24/18 Under Contract -- -- --
10/04/2018 10/04/18 Price Changed $5,300 -5.4% $2 / Sq Ft
09/18/2018 09/18/18 Price Changed $5,600 -5.1% $2 / Sq Ft
09/02/2018 09/02/18 Price Changed $5,900 -9.2% $3 / Sq Ft
08/09/2018 08/09/18 For Rent $6,500 0.0% --
08/16/2016 08/16/16 Sold $1,529,000 -4.1% $673 / Sq Ft
07/02/2016 07/02/16 Pending -- -- --
06/08/2016 06/08/16 For Sale $1,595,000 -- $702 / 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 $9,531 $893,399 $437,300 $456,099
2024 $9,531 $875,882 $428,726 $447,156
2023 $9,304 $858,708 $420,319 $438,389
2022 $9,145 $841,871 $412,077 $429,794
2021 $8,970 $825,364 $403,997 $421,367
2020 $8,883 $816,901 $399,854 $417,047
2019 $8,702 $800,884 $392,014 $408,870
2018 $8,529 $785,181 $384,328 $400,853
2017 $8,378 $769,786 $376,792 $392,994
2016 $6,382 $575,368 $186,402 $388,966
2015 $6,321 $566,726 $183,602 $383,124
2014 $6,173 $555,625 $180,005 $375,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18194828

California Regional Multiple Listing Service (CRMLS)

APN: 939-630-26