NOT LISTED FOR SALE

415 Flagship Rd Newport Beach, CA 92663

Estimated Value: $1,124,000 - $3,060,000

3 Beds
2.5 Baths
1,440 Sq Ft
$255/mo HOA Fee

Last Sold August 23, 2012

Last sale price $437,500 $304 Per Sq Ft

Est. 277% increase in value since last sale

Current estimated payment $9,861/month

13 Days on Market

Highlights

  • Private Pool
  • Enclosed patio or porch
  • Double Pane Windows
  • Newport Heights Elementary Rated A
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of August 2012

This is a rare Newport Beach 3 bedroom, 2.5 bath Corner unit townhome in Park Lido with attached 2 car garage and a private fenced courtyard with a shed. This is a move-in ready townhome freshly painted, new stainless steel appliances, upgraded kitchen cabinets with granite tops, vinyl dual pane windows throughout with window trim and wood sills, mirrored wardrobe doors in most rooms and new bathroom tiled floors. Park Lido has a community pool for each group of buildings and is Pet Friendly. This townhome has character with soffit ceilings, down lights and skylights. The charm of Newport coupled with easy access to all the Newport Beach activities and coastline makes this a desirable home.

Last Agent to Sell the Property

William McFarland

Transform Realty Group License #00802554 Listed on: 06/29/2012

Co-Listed By

David Vairin

Transform Realty Group License #01912706

Last Buyer's Agent

David Vairin

Transform Realty Group License #01912706

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,951

Year Built

  • Built in 1962

Lot Details

  • 1,133

HOA Fees

  • $255 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Stone Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,440 Sq Ft Home
  • Fireplace With Gas Starter
  • Fireplace Features Masonry
  • Double Pane Windows
  • Combination Dining and Living Room

Kitchen

  • Gas Oven or Range
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Dressing Area
  • Mirrored Closets Doors

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • Private Pool
  • Enclosed patio or porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 91
  • Tax Tract Number 4692
  • Assessor Parcel Number 42537225

Community Details

Overview

  • 98 Units
  • Association Phone (714) 544-7755

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,951

Year Built

Built in 1962

Lot Details

0

HOA Fees

$255 per month

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 949-954-0162
  • Property Attached: Yes
  • Subdivision Name Other: Newport Heights
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 42537225
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1440.00
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Mirror Closet Door(s)
  • Eating Area: Dining Room, In Living Room
  • Fireplace Features: Gas Starter, Masonry
  • Levels: Two
  • Price Per Square Foot: 303.82
  • Room Type: All Bedrooms Up, Dressing Area, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Fence: No
  • Patio And Porch Features: Concrete, Enclosed, Slab
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Stone
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free Standing, Gas Cooking, Disposal, Microwave, Range
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Inside, Stackable
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 255.00
  • Association Fee Frequency: Monthly
  • Phone: 714-544-7755
  • Senior Community: No

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 1125.00
  • Lot Size Acres: 0.0260

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1125.0000 Square Feet
  • Number Of Units In Community: 98
  • Number Of Units Total: 98

Tax Info

  • Tax Lot: 91
  • Tax Tract Number: 4692

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2012
Closed on
Jul 16, 2012
Sold by
Fieldstone Properties Resale Llc
Bought by
Connors Adam B
Seller's Agent
William McFarland
Transform Realty Group
Buyer's Agent
David Vairin
Transform Realty Group
List Price
$459,900
Sold Price
$437,500
Premium/Discount to List
-$22,400
-4.87%
Current Estimated Value
$1,649,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,212,041
Avg. Annual Appreciation
11.02%
Original Mortgage
$317,175
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2012
Sold by
Palmiotto Kimberly and Palmiotto Peter
Bought by
Fieldstone Properties + Resale Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,175
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2004
Sold by
Palmiotto Peter
Bought by
Palmiotto Peter and Palmiotto Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.64%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 7, 2000
Sold by
Levinson Lawrence A and Bernard Natalie
Bought by
Palmiotto Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,350
Interest Rate
7.98%
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
Connors Adam B $437,500 First American Title Company
Fieldstone Properties + Resale Llc -- None Available
Palmiotto Peter -- --
Palmiotto Peter $242,500 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connors Adam B $150,000
Open Connors Adam B $260,357
Closed Connors Adam B $317,175
Previous Owner Fieldstone Properties + Resale Llc $5,000,000
Previous Owner Fieldstone Properties & Resale Llc $5,000,000
Previous Owner Palmiotto Peter L $160,000
Previous Owner Palmiotto Peter $535,000
Previous Owner Palmiotto Peter $120,000
Previous Owner Palmiotto Peter L $102,500
Previous Owner Palmiotto Peter $450,000
Previous Owner Palmiotto Peter $150,000
Previous Owner Palmiotto Peter $100,000
Previous Owner Palmiotto Peter $265,000
Previous Owner Palmiotto Peter $239,395
Previous Owner Palmiotto Peter $235,000
Previous Owner Palmiotto Peter $230,350
Previous Owner Levinson Rose $246,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2012 08/23/12 Sold $437,500 -4.9% $304 / Sq Ft
06/29/2012 06/29/12 For Sale $459,900 -- $319 / 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 $5,951 $538,745 $459,155 $79,590
2024 $5,951 $528,182 $450,152 $78,030
2023 $5,808 $517,826 $441,326 $76,500
2022 $5,708 $507,673 $432,673 $75,000
2021 $5,601 $497,719 $424,189 $73,530
2020 $5,547 $492,616 $419,839 $72,777
2019 $5,438 $482,957 $411,607 $71,350
2018 $5,332 $473,488 $403,537 $69,951
2017 $5,239 $464,204 $395,624 $68,580
2016 $5,124 $455,102 $387,866 $67,236
2015 $5,074 $448,266 $382,039 $66,227
2014 $4,955 $439,486 $374,556 $64,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S703349

California Regional Multiple Listing Service (CRMLS)

APN: 425-372-25