NOT LISTED FOR SALE

Estimated Value: $2,905,000 - $3,802,000

3 Beds
2.5 Baths
1,451 Sq Ft
2017 Built

Last Sold May 11, 2023

Last sale price $2,750,000 $1,895 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $16,508/month

238 Days on Market

Highlights

  • Rooftop Deck
  • Ocean Side of Highway 1
  • Wood Flooring
  • Newport Elementary School Rated A
  • Outdoor Fireplace
  • 3-minute walk to 38th Street Park

About This Home

As of May 2023

Just one row from the water on Newport Island in Newport Beach, this soft-contemporary condo demonstrates how luxury and lifestyle fuse seamlessly. Enjoy an open and airy vibe throughout the three bedroom, two-and-one-half-bathroom home, which measures approximately 1,451 square feet and features a double-height ceiling and clerestory windows in the living room, and a fabulous rooftop deck with a covered outdoor kitchen, a fireplace, fire pit, retractable awning and evening-light views. A ground-floor entry presents an inviting introduction, with stairs leading up to the main level. Complete with an architecturally stylish linear fireplace, the living room is joined by a dining room with built-in seating, and a sleek kitchen with high-gloss white cabinetry, quartz countertops, a full backsplash of colorful Mid-Century-inspired tile, an island with bar seating, and stainless steel appliances including a Sub-Zero wine refrigerator and a five-burner range. Both the kitchen and living room open to a private balcony with a built-in ceiling heater. A powder room is perfect for guests, and both bedrooms on this level share a chic bath. Upstairs, the luxurious primary suite offers direct access to the rooftop deck and features a walk-in closet, two sinks, a freestanding tub and a large shower. White oak plank flooring, recessed lighting, whole-house audio, and refined finishes and appointments are on display, with a one-car garage and a covered parking space included downstairs. Newport Island Park, the fashionable shops and restaurants at Lido Marina Village, and miles of beaches are just minutes away from this sophisticated upscale residence.

Last Agent to Sell the Property

Tim Smith

Coldwell Banker Realty License #01346878 Listed on: 08/02/2022

Coldwell Banker Realty

Last Buyer's Agent

Brandon Hobbs

Arbor Real Estate License #01929235

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $29,903

Year Built

  • Built in 2017

Lot Details

  • 1 Common Wall

Parking

  • 1 Car Attached Garage
  • Parking Available

Home Design

  • Turnkey

Interior Spaces

  • 1,451 Sq Ft Home
  • 4-Story Property
  • High Ceiling
  • Skylights
  • Recessed Lighting
  • Custom Window Coverings
  • Double Door Entry
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Wood Flooring
  • Neighborhood Views

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Jack-and-Jill Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Laundry in Garage

Outdoor Features

  • Ocean Side of Highway 1
  • Rooftop Deck
  • Patio
  • Outdoor Fireplace
  • Fire Pit
  • Outdoor Grill

Schools

  • Newport Elementary School
  • Horace Ensign Middle School
  • Newport Harbor High School

Utilities

  • Forced Air Heating and Cooling System
  • Standard Electricity

Community Details

  • No Home Owners Association
  • 2 Units
  • Newport Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 93236155
  • $360 per year additional tax assessments

Property Details

Home Type

Condominium

Est. Annual Taxes

$29,903

Year Built

Built in 2017

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Ad Number: 949.478.2295
  • Other Phone Description: showings
  • Other Phone Number: 949.478.2295
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Subdivision Name Other: Newport Island (NEWI)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93236155
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1451.00 Square Feet
  • Interior Amenities: High Ceilings, Quartz Counters, Recessed Lighting
  • Stories: 4
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Double Door Entry, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, In Kitchen
  • Fireplace Features: Living Room, Outside, Fire Pit
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1895.24
  • Room Type: Entry, Kitchen, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom
  • Window Features: Custom Covering, Skylight(s)
  • Bathroom Features: Shower, Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s), Hollywood Bathroom (Jack&Jill), Privacy Toilet Door, Separate Tub And Shower, Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private
  • View: Neighborhood
  • Patio And Porch Features: Roof Top
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Gas Oven, Gas Cooktop, Microwave, Range Hood, Refrigerator
  • Electric: Standard
  • Heating Type: Forced Air
  • Laundry Features: In Garage, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport
  • Middle School: Horace Ensign
  • High School: Newport Harbor
  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Horace Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 2
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 635.00
  • TaxOtherAnnualAssessmentAmount: 360.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2022
Closed on
Apr 3, 2023
Sold by
Dodson Maurice
Bought by
Glenn Nahmias And Alana Nahmias Family Trust
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Brandon Hobbs
Arbor Real Estate
List Price
$2,995,000
Sold Price
$2,750,000
Premium/Discount to List
-$245,000
-8.18%
Views
94
Current Estimated Value
$2,559,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$190,048
Avg. Annual Appreciation
7.95%
Original Mortgage
$2,200,000
Outstanding Balance
$2,127,597
Interest Rate
5.45%
Mortgage Type
New Conventional
Estimated Equity
$1,136,636

Purchase Details

Closed on
Mar 15, 2021
Sold by
Tavano Richard
Bought by
Dodson Maurice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,168
Interest Rate
2.73%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Glenn Nahmias And Alana Nahmias Family Trust $2,750,000 Ticor Title
Dodson Maurice $391,500 Accommodation/Courtesy Recordi
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glenn Nahmias And Alana Nahmias Family Trust $2,200,000
Previous Owner Tavano Richard $391,168
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2023 05/11/23 Sold $2,750,000 -8.2% $1,895 / Sq Ft
03/28/2023 03/28/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $2,995,000 +8.9% $2,064 / Sq Ft
01/24/2023 01/24/23 Off Market $2,750,000 -- --
10/07/2022 10/07/22 Price Changed $2,995,000 -6.3% $2,064 / Sq Ft
09/12/2022 09/12/22 Price Changed $3,195,000 -8.6% $2,202 / Sq Ft
08/02/2022 08/02/22 For Sale $3,495,000 -- $2,409 / 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 $29,903 $2,861,100 $2,358,010 $503,090
2024 $29,903 $2,805,000 $2,311,774 $493,226
2023 $18,078 $1,688,717 $1,264,035 $424,682
2022 $17,777 $1,655,605 $1,239,250 $416,355
2021 $17,437 $1,623,143 $1,214,951 $408,192
2020 $17,270 $1,606,500 $1,202,493 $404,007
2019 $16,914 $1,575,000 $1,178,914 $396,086
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22168622

California Regional Multiple Listing Service (CRMLS)

APN: 932-361-55