NOT LISTED FOR SALE

Estimated Value: $1,943,621 - $2,340,000

3 Beds
2.5 Baths
1,659 Sq Ft
$1,273/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $1,550,000 $934 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $13,296/month

89 Days on Market

Highlights

  • Marina
  • Boathouse
  • Beach Access
  • Newport Elementary School Rated A
  • Docks
  • 4-minute walk to Channel Place Park

About This Home

As of March 2021

Newport Marina Villas is a secluded gated enclave with its own marina located just two blocks from one of the best beaches in Newport. This unit includes a fee interest in a boat slip that runs with your deed. Owning your own boat slip puts you in a very unique category. Depending on your boat type you can escape to Catalina or the Bay for hours of nautical enjoyment. And when you've seen your fill of whales or dolphins you simply return home. And at Christmas time you will organize your own Parade Of Lights boat parties for friends and relatives. In addition to the very large two car garage each unit comes with an additional parking space. What that means at the beach is that when you come home you will very rarely have to search for a parking space. Parking is a Premium at the beach both in cost and availability. Residents enjoy both the bay and the beach without the noise, the crowds or the traffic. This upgraded three bedroom, two and one half bath unit enjoys a superbly appointed patio that includes beautiful slate tile floor, a wooden patio cover, and a built-in stone barbecue counter complete with Lynx Barbecue. The custom chefs kitchen features ocean blue Corian counters and is well appointed with refrigerator (you don't need to bring one), new gas range, and professional Venta Hood Installation. Control your temperature with air conditioning. The choice is yours either entertain in style or re-charge in your own relaxing tropical environment.

Last Agent to Sell the Property

Stephen Osterman

Bayside Realty and Inv. License #00755106 Listed on: 11/23/2020

Last Buyer's Agent

Mariana Donahue

Compass License #01954154

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $17,696

Year Built

  • Built in 1971

Lot Details

  • Home fronts navigable water
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • East Facing Home
  • Block Wall Fence
  • Fence is in excellent condition
  • Landscaped
  • Level Lot
  • Backyard Sprinklers

HOA Fees

  • $655 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 1 Open Parking Space
  • Parking Available
  • Single Garage Door
  • Garage Door Opener
  • Brick Driveway
  • Driveway Level
  • Automatic Gate
  • Parking Lot
  • Assigned Parking

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Fire Rated Drywall
  • Common Roof
  • Clay Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,659 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Blinds
  • Window Screens
  • French Doors
  • Sliding Doors
  • ENERGY STAR Qualified Doors
  • Entryway
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Storage
  • Attic

Kitchen

  • Galley Kitchen
  • Updated Kitchen
  • Electric Oven
  • Self-Cleaning Oven
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Corian Countertops
  • Pots and Pans Drawers
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Corian Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Toliet
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Home Security

Outdoor Features

  • Cabana
  • Beach Access
  • Boat Slip
  • Docks
  • Balcony
  • Stone Porch or Patio
  • Lanai
  • Exterior Lighting
  • Outdoor Grill

Location

  • Property is near a park
  • Property is near public transit
  • Urban Location

Schools

  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Underground Utilities
  • 220 Volts in Garage
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • High-Efficiency Water Heater
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 7530
  • Assessor Parcel Number 93236016

Community Details

Overview

  • 28 Units
  • Newport Marina Villas Association, Phone Number (949) 215-8485
  • Boyd Management HOA
  • Newport Beach Townhomes Subdivision

Recreation

  • Boathouse
  • Boat Dock
  • Marina
  • Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Pet Policy

  • Pet Restriction

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$17,696

Year Built

Built in 1971

Lot Details

0

HOA Fees

$655 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: refrigerator, barbeque
  • Other Phone Number: 949 500 2144
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Newport Marina Villas
  • View: No
  • Architectural Style: Mediterranean
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 93236016
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1659.00 Square Feet
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Copper Plumbing Full, Corian Counters, Recessed Lighting, Storage
  • 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: 3
  • Door Features: ENERGY STAR Qualified Doors, French Doors, Sliding Doors
  • Eating Area: Dining Ell
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 934.30
  • Room Type: All Bedrooms Up, Attic, Entry, Galley Kitchen, Kitchen, Living Room, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Window Features: Blinds, Double Pane Windows, Screens
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower, Corian Counters, Double Sinks In Master Bath, Exhaust Fan(s), Remodeled, Upgraded
  • Room Kitchen Features: Corian Counters, Pots & Pan Drawers, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Slab
  • Exterior Features: Barbecue Private, Boat Slip
  • Fence: Yes
  • Fencing: Block, Excellent Condition
  • Patio And Porch Features: Cabana, Lanai, Patio Open, Stone
  • Pool Private: No
  • Roof: Clay, Common Roof
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Assigned, Driveway - Brick, Driveway Level, Garage, Garage - Single Door, Garage Door Opener, Parking Space, Private
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Free-Standing Range, Disposal, Gas Range, Gas Water Heater, High Efficiency Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan, Water Heater, Water Line to Refrigerator
  • Electric: 220 Volts in Garage, 220 Volts in Kitchen
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dock, Boathouse, Earthquake Insurance, Trash, Sewer, Water, Pet Rules, Call for Rules, Management
  • Association Fee: 655.00
  • Association Fee Frequency: Monthly
  • Association Name: Newport Marina Villas
  • Phone: 949 215 8485
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Hiking, Park, Watersports, Street Lights, Urban
  • Association Management: Boyd Management

Schools

  • School District: Newport Mesa Unified
  • Middle School: Ensign
  • High School: Newport Harbor
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Level with Street, Near Public Transit, Park Nearby, Paved, Sprinkler System, Sprinklers In Rear, Sprinklers Timer

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 28
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Includes Dock, Marina in Community, Navigable Water

Tax Info

  • Tax Census Tract: 635.00
  • Tax Lot: 1
  • Tax Tract Number: 7530

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2020
Closed on
Feb 25, 2021
Sold by
Binkley Jeffrey Randall and Zerges Jessica Moran
Bought by
Kennedy Brandon C and Kennedy Christina L
Seller's Agent
Stephen Osterman
Bayside Realty and Inv.
Buyer's Agent
Mariana Donahue
Compass
List Price
$1,599,000
Sold Price
$1,550,000
Premium/Discount to List
-$49,000
-3.06%
Current Estimated Value
$2,112,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$562,405
Avg. Annual Appreciation
7.06%
Original Mortgage
$495,000
Outstanding Balance
$448,134
Interest Rate
3.17%
Mortgage Type
New Conventional
Estimated Equity
$1,664,271

Purchase Details

Closed on
Oct 31, 2020
Sold by
Binkley Jeffrey Randall and Zerges Jeffrey Moran
Bought by
Binkley Jeffrey Randall and Zerges Jessica Moran

Purchase Details

Closed on
Jan 13, 2012
Sold by
Binkley Jeffrey R and Anderson Erin A
Bought by
Binkley Jeffrey R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2004
Sold by
Kelly Patrick M and Kelly Frankie S
Bought by
Binkley Jeffrey R and Anderson Erin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,200
Interest Rate
3.62%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 27, 2003
Sold by
Doti James L and Doti Lynne Pierson
Bought by
Kelly Patrick M and Kelly Frankie S

Purchase Details

Closed on
Jul 8, 2003
Sold by
Doti James L and Doti Lynne Pierson
Bought by
Doti James L and Doti Lynne Pierson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 1997
Sold by
Wedgeworth William M
Bought by
Doti James L and Doti Lynne Pierson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
7.36%
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
Kennedy Brandon C $1,550,000 Lawyers Title
Binkley Jeffrey Randall -- None Available
Binkley Jeffrey Randall -- None Available
Binkley Jeffrey R -- Orange Coast Title Company
Binkley Jeffrey R $749,000 Equity Title Company
Kelly Patrick M $607,000 First American Title Co
Doti James L -- First American Title Ins Co
Doti James L $260,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennedy Brandon C $495,000
Open Kennedy Brandon C $822,375
Previous Owner Binkley Jeffrey R $625,000
Previous Owner Binkley Jeffrey R $599,200
Previous Owner Doti James L $165,000
Previous Owner Doti James L $208,000
Closed Binkley Jeffrey R $74,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2021 03/26/21 Sold $1,550,000 -3.1% $934 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
11/23/2020 11/23/20 For Sale $1,599,000 0.0% $964 / Sq Ft
08/17/2015 08/17/15 Rented $4,500 -8.2% --
07/18/2015 07/18/15 Under Contract -- -- --
02/09/2015 02/09/15 For Rent $4,900 -- --
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 $17,696 $1,677,769 $1,547,658 $130,111
2024 $17,696 $1,644,872 $1,517,312 $127,560
2023 $17,280 $1,612,620 $1,487,561 $125,059
2022 $16,993 $1,581,000 $1,458,393 $122,607
2021 $10,572 $970,572 $832,694 $137,878
2020 $10,470 $960,620 $824,155 $136,465
2019 $10,257 $941,785 $807,995 $133,790
2018 $10,054 $923,319 $792,152 $131,167
2017 $9,878 $905,215 $776,619 $128,596
2016 $9,658 $887,466 $761,391 $126,075
2015 $9,492 $874,136 $749,954 $124,182
2014 $9,268 $857,013 $735,263 $121,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20236168

California Regional Multiple Listing Service (CRMLS)

APN: 932-360-16