NOT LISTED FOR SALE

Estimated Value: $1,825,974 - $2,535,000

3 Beds
2.5 Baths
1,649 Sq Ft
$560/mo HOA Fee

Last Sold January 15, 2016

Last sale price $1,215,000 $737 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $13,036/month

192 Days on Market

Highlights

  • Private Dock Site
  • Boat Slip
  • Bay View
  • Newport Elementary School Rated A
  • No Units Above
  • 5-minute walk to Channel Place Park

About This Home

As of January 2016

Likely one of the best priced homes with access to the beautiful waters off Newport Beach on the market today! This highly upgraded 3 bedroom, 2 1/2 bath condo in the gated community of Newport Marina Villas even boasts a deeded dock large enough to accommodate a 36 foot boat. This gem is sure to become your own private get-away. Nicely upgraded and remodeled to channel the spirit of the Islands, featuring gleaming wood floors, newer windows and doors, plenty of storage, and enough organization to make efficiency an attainable goal for the most challenged! Gorgeous granite countertops, custom cabinetry, completely remodeled bedrooms, and a remodeled Master with water views from the master and master balcony. Enclosed front deck allows for seating at least 12 with ease, making entertaining a breeze. Full sized two car garage to with plenty of storage, and even your own air compressor to keep air in the tires of your favorite beach cruiser or scooter. Mere moments from some of the best beaches in the city, world class shopping, and state of the art medical facilities. A short drive to area colleges and Universities. Make this place your primary home, or the perfect second home for lock and leave. Explore the best Newport Beach has to offer!

Last Agent to Sell the Property

Jody Chapman

Compass License #01338862 Listed on: 05/08/2015

Compass

Last Buyer's Agent

Jody Chapman

Compass License #01338862 Listed on: 05/08/2015

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,007

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • Property fronts a private road
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls

HOA Fees

  • $560 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Bay
  • Canal

Home Design

  • Planned Development

Interior Spaces

  • 1,649 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Entryway
  • Family Room with Fireplace
  • Dining Room
  • Wood Flooring

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Boat Slip
  • Private Dock Site
  • Concrete Porch or Patio

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Community Details

  • 28 Units

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 7530
  • Assessor Parcel Number 93236008

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,007

Year Built

Built in 1972 | Remodeled

Lot Details

0

HOA Fees

$560 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: Private Road
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93236008
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1649.00
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 736.81
  • Room Type: All Bedrooms Up, Entry, Family Room, Galley Kitchen, Walk-In Closet

Exterior Features

  • Patio: Yes
  • Exterior Features: Boat Slip, Dock Private
  • View: Bay, Canal, Water
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 560.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Planned Unit Development

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 28
  • Number Of Units Total: 28

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 7530

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2022
Sold by
Daniel Rotter
Bought by
Rotter Family Trust
Current Estimated Value
$2,115,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,102,462
Interest Rate
2.55%
Mortgage Type
New Conventional
Estimated Equity
$1,012,782

Purchase Details

Closed on
Dec 17, 2016
Sold by
Rotter Daniel and Nesheiwat Diane
Bought by
Rotter Daniel

Purchase Details

Listed on
May 8, 2015
Closed on
Jan 8, 2016
Sold by
Erika & Spencer Llc
Bought by
Rotter Daniel and Nesheiwat Diane
Seller's Agent
Jody Chapman
Compass
Buyer's Agent
Jody Chapman
Compass
List Price
$1,225,000
Sold Price
$1,215,000
Premium/Discount to List
-$10,000
-0.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.85%
Original Mortgage
$972,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 28, 2008
Sold by
Borgman James R and Borgman Alysia
Bought by
Erika & Spencer Llc

Purchase Details

Closed on
Oct 5, 2005
Sold by
Borgman James R
Bought by
Borgman James R and Borgman Alysia

Purchase Details

Closed on
Oct 3, 2005
Sold by
Borgman Alysia
Bought by
Borgman James R

Purchase Details

Closed on
Apr 20, 2005
Sold by
Borgman James R and Borgman Alysia C
Bought by
Borgman James R and Borgman Alysia

Purchase Details

Closed on
Jan 11, 2005
Sold by
Borgman James R and Borgman Alysia C
Bought by
Borgman James R and Borgman Alysia C

Purchase Details

Closed on
Feb 20, 2004
Sold by
Williams Linda May
Bought by
Borgman Joseph R and Borgman Alysia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage
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
Rotter Family Trust -- Western Resources
Rotter Daniel -- None Available
Rotter Daniel $1,215,000 Unisource
Rotter Daniel $1,215,000 None Available
Erika & Spencer Llc -- Landamerica Southland Title
Borgman James R -- Alliance Title Company
Borgman James R -- Alliance Title Company
Borgman James R -- Alliance Title Company
Borgman James R -- --
Borgman James R -- --
Borgman Joseph R $939,000 California Title Company
Williams Linda May -- California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rotter Family Trust $1,200,000
Previous Owner Rotter Daniel $972,000
Previous Owner Borgman Joseph R $650,000
Closed Borgman Joseph R $195,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2016 01/15/16 Sold $1,215,000 -0.8% $737 / Sq Ft
11/16/2015 11/16/15 Pending -- -- --
05/08/2015 05/08/15 For Sale $1,225,000 -- $743 / 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 $15,007 $1,424,210 $1,294,397 $129,813
2024 $15,007 $1,396,285 $1,269,017 $127,268
2023 $14,652 $1,368,907 $1,244,134 $124,773
2022 $14,406 $1,342,066 $1,219,739 $122,327
2021 $14,130 $1,315,751 $1,195,822 $119,929
2020 $13,993 $1,302,260 $1,183,560 $118,700
2019 $13,705 $1,276,726 $1,160,353 $116,373
2018 $13,431 $1,251,693 $1,137,601 $114,092
2017 $13,193 $1,227,150 $1,115,295 $111,855
2016 $12,406 $1,149,263 $1,024,634 $124,629
2015 $12,288 $1,132,000 $1,009,243 $122,757
2014 $8,336 $761,400 $638,643 $122,757
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15099296

California Regional Multiple Listing Service (CRMLS)

APN: 932-360-08