NOT LISTED FOR SALE

Estimated Value: $3,856,000

2 Beds
2 Baths
1,100 Sq Ft
3,372 Sq Ft Lot

Last Sold October 13, 2021

Last sale price $2,350,000 $2,136 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $24,969/month

Highlights

  • Ocean View
  • Property has ocean access
  • Fishing
  • Newport Elementary School Rated A
  • New Construction
  • 1 Car Attached Garage

About This Home

As of October 2021

Life on the Seashore is more appealing than ever at this luxurious new villa in Newport Beach. Enjoy breathtaking ocean, beach, and strand views from inside and out, including a great room with fold-away glass doors that open to a spacious patio. Approx. 1,100 s.f., the 2-bedroom, 2-bath ground-floor residence showcases a seashore drive location, a linear fireplace with stunning white surround, and a modern entry door. A spectacular kitchen reveals white Carrara marble and Onyx countertops, custom tile backsplash, and custom white cabinetry. Tumbled Riverstone flooring embellishes the bathroom, and black-and-white marble tile floors shine in a master suite with moroccan black onyx countertop and a large walk-in closet. Every detail has been carefully selected for a resort living. Hydronic heating and cooling systems for ideal environments. Recalling the charm of a farm house with today's modern appeal, the residence is merely moments from fine dining, endless shopping, parks, coves, golf and award-winning schools.

Last Agent to Sell the Property

Christopher Parr

eXp Realty of Southern Ca, Inc License #01272772 Listed on: 10/03/2021

eXp Realty of Southern Ca, Inc

Last Buyer's Agent

Christopher Parr

eXp Realty of Southern Ca, Inc License #01272772 Listed on: 10/03/2021

eXp Realty of Southern Ca, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $35,868

Year Built

  • Built in 2021 | New Construction

Lot Details

  • Two or More Common Walls
  • Southwest Facing Home

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces

Interior Spaces

  • 1,100 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Ocean Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Bathrooms
  • Low Flow Plumbing Fixtures

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • Energy-Efficient Doors

Outdoor Features

  • Property has ocean access
  • Beach Access

Utilities

  • Central Heating and Cooling System
  • High-Efficiency Water Heater

Listing and Financial Details

  • Tax Lot 80
  • Tax Tract Number 3813
  • Assessor Parcel Number 42446406
  • $501 per year additional tax assessments

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units
  • Seashore Association
  • West Newport Beach Subdivision

Recreation

  • Fishing
  • Water Sports

Property Details

Home Type

Condominium

Est. Annual Taxes

$35,868

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: All furniture from Essential House interior design.
  • Property Attached: Yes
  • Subdivision Name Other: West Newport Beach (WSNB)
  • View: Yes
  • New Construction: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 42446406
  • Year Built: 2021
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 1100.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2136.36
  • Room Type: All Bedrooms Down

Exterior Features

  • Direction Faces: Southwest
  • View: Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Name: Seashore
  • Phone: 0000000
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Fishing, Watersports
  • Association Management: Seashore

Schools

  • School District: Newport Mesa Unified

Green Features

  • Green Water Conservation: Flow Control
  • Efficiency: Appliances, Construction, Doors, HVAC, Insulation, Lighting, Water Heater, Windows

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 3372.00
  • Lot Size Acres: 0.0774

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3372.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Waterfront Features: Beach Access, Ocean Access

Tax Info

  • Tax Census Tract: 635.00
  • Tax Lot: 80
  • Tax Tract Number: 3813
  • TaxOtherAnnualAssessmentAmount: 501.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2021
Closed on
Oct 5, 2021
Sold by
Swartz Lawrence Alan and Swartz Diane Louise
Bought by
Walker Terri and The Ts Walker Separate Propert
Seller's Agent
Christopher Parr
eXp Realty of Southern Ca, Inc
Buyer's Agent
Christopher Parr
eXp Realty of Southern Ca, Inc
List Price
$2,425,000
Sold Price
$2,350,000
Premium/Discount to List
-$75,000
-3.09%
Current Estimated Value
$3,856,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,506,000
Original Mortgage
$1,665,000
Outstanding Balance
$1,531,443
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 3, 2021
Closed on
Sep 8, 2021
Sold by
Alejo Ps89 Llc
Bought by
Swartz Lawrence Alan and Swartz Diane Louise
Seller's Agent
Christopher Parr
eXp Realty of Southern Ca, Inc
Buyer's Agent
Christopher Parr
eXp Realty of Southern Ca, Inc
List Price
$2,425,000
Sold Price
$2,350,000
Premium/Discount to List
-$75,000
-3.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,665,000
Outstanding Balance
$1,531,443
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 21, 2019
Closed on
May 31, 2019
Sold by
4916 Seashore Llc
Bought by
Alejo Ps89 Llc
Seller's Agent
Christopher Parr
eXp Realty of Southern Ca, Inc
Buyer's Agent
Christopher Parr
eXp Realty of Southern Ca, Inc
List Price
$2,800,000
Sold Price
$2,800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.27%
Original Mortgage
$2,400,000
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 22, 2018
Closed on
May 30, 2018
Sold by
The Weltmer Family Trust
Bought by
4916 Seashore Llc
Seller's Agent
Jennifer Toyama
Berkshire Hathaway HomeService
Buyer's Agent
Christopher Parr
eXp Realty of Southern Ca, Inc
List Price
$2,799,900
Sold Price
$2,450,000
Premium/Discount to List
-$349,900
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.70%

Purchase Details

Closed on
Feb 29, 1996
Sold by
Weltmer Velma N
Bought by
Weltmer Velma N
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
Walker Terri $2,350,000 Fidelity Natl Ttl Builder Sv
Swartz Lawrence Alan $1,850,000 Fidelity National Title
Swartz Diane Louise -- Fidelity Natl Ttl Builder Sv
Swartz Lawrence Alan -- Fidelity Natl Ttl Builder Sv
Alejo Ps89 Llc $2,800,000 First American Title Company
4916 Seashore Llc $2,450,000 First American Title Co
Weltmer Velma N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swartz Lawrence Alan $1,665,000
Previous Owner Alejo Ps89 Llc $2,470,000
Previous Owner Alejo Ps89 Llc $1,000,000
Previous Owner Alejo Ps 89 Llc $110,000
Previous Owner Alejo Ps89 Llc $400,000
Previous Owner Alejo Ps89 Llc $2,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2021 10/13/21 Sold $2,350,000 -3.1% $2,136 / Sq Ft
10/03/2021 10/03/21 For Sale $2,425,000 -13.4% $2,205 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
06/21/2019 06/21/19 Sold $2,800,000 0.0% $1,474 / Sq Ft
06/21/2019 06/21/19 Pending -- -- --
06/21/2019 06/21/19 For Sale $2,800,000 +14.3% $1,474 / Sq Ft
06/05/2018 06/05/18 Sold $2,450,000 -12.5% $889 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
03/22/2018 03/22/18 For Sale $2,799,900 -- $1,016 / 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
2021 $35,868 $3,407,023 $2,787,862 $619,161
2020 $30,570 $2,856,000 $2,759,276 $96,724
2019 $26,773 $2,499,000 $2,402,728 $96,272
2018 $4,179 $350,564 $274,550 $76,014
2017 $4,107 $343,691 $269,167 $74,524
2016 $4,020 $336,952 $263,889 $73,063
2015 $3,979 $331,891 $259,925 $71,966
2014 $3,887 $325,390 $254,833 $70,557
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP21214630

California Regional Multiple Listing Service (CRMLS)

APN: 424-464-06