$773,000
SOLD JUN 22, 2016

5 Aries Ct Unit 86 Newport Beach, CA 92663

3 Beds
2.5 Baths
1,647 Sq Ft
$400/mo HOA Fee

Recently Sold

$469 Per Sq Ft

7% Below List Price

52 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Deck
  • Newport Heights Elementary Rated A
  • Clubhouse
  • High Ceiling

About This Home

As of February 2020

Completely upgraded townhome perfect for entertaining. Resort style living with cool ocean breezes and walking distance to the beach. Open floor plan with fabulous gourmet kitchen, commercial stove and oven, stainless steel appliances (including refrigerator, microwave, trash compactor), custom cabinetry, beautiful tile floors, counters, backsplash and raised breakfast bar. Ideal for entertaining inside or outside. Step down family room, with fireplace, custom cabinets, raised ceilings, and floor to ceiling windows/sliding door leading to an enlarged private outdoor patio. Home has custom recessed lighting, plantation shutter, crown moldings and custom stair railing. Large master suite has private balcony, vaulted ceilings, lots of closet space and mirrored wardrobe doors. Bathrooms upgraded with granite counter tops and custom cabinets. Quiet inside tract location in back of development. Extra large 2 car garage with built in cabinets and utility sink. Minutes to Balboa Island, 55 Fwy, Hoag Hospital, the harbor, shopping, Newport pier, Sunset Ridge Park, biking and running trails. HOA has large private pool, spa, bbq, tennis courts and club house. This is a home you will never want to leave!

Last Agent to Sell the Property

Gerald Grosso

Gerald Grosso,Broker License #00299965 Listed on: 04/03/2016

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,696

Year Built

  • Built in 1973

Lot Details

  • Two or More Common Walls
  • Cul-De-Sac

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway
  • Parking Permit Required

Interior Spaces

  • 1,647 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • High Ceiling
  • Recessed Lighting
  • Plantation Shutters
  • Blinds
  • Family Room with Fireplace
  • Sunken Living Room
  • Family or Dining Combination

Kitchen

  • Breakfast Bar
  • Self-Cleaning Convection Oven
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Tile Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Pool

  • In Ground Pool
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Living Room Balcony
  • Deck
  • Patio
  • Exterior Lighting

Utilities

  • Central Heating
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 7817
  • Assessor Parcel Number 93258086

Community Details

Overview

  • 460 Units
  • Newport Crest HOA
  • Maintained Community
  • Greenbelt

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,696

Year Built

Built in 1973

Lot Details

0

HOA Fees

$400 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Newport Crest (NEWC)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93258086
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1647.00
  • Interior Amenities: Bar, Built-in Features, Balcony, Granite Counters, High Ceilings, Living Room Balcony, Recessed Lighting, Sunken Living Room, Tile Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, In Family Room
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 469.34
  • Room Type: All Bedrooms Up, Family Room, Master Suite
  • Spa Features: Association, In Ground
  • Window Features: Blinds, Plantation Shutters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Deck
  • Pool Features: Association, Community, Fenced, In Ground, Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Driveway, Garage, Permit Required
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Convection Oven, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Trash Compactor
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Clubhouse, Management, Maintenance Grounds, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 400.00
  • Association Fee Frequency: Monthly
  • Association Name: Newport Crest HOA
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease: No
  • Lot Features: Cul-De-Sac, Greenbelt, Paved

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 460
  • Number Of Units Total: 460

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 7817

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2019
Closed on
Feb 6, 2020
Sold by
Price David L and Katoff Price Lisa
Bought by
Carter John
Seller's Agent
Sean Jarne
First Team Real Estate
Buyer's Agent
Diana Perna
PK Real Estate & Investments
List Price
$850,000
Sold Price
$825,000
Premium/Discount to List
-$25,000
-2.94%
Current Estimated Value
$1,455,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$630,041
Avg. Annual Appreciation
10.78%
Original Mortgage
$660,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 3, 2016
Closed on
Jun 28, 2016
Sold by
Price David and Katoff Price Lisa
Bought by
Price David L and Katoff Price Lisa M
Seller's Agent
Gerald Grosso
Gerald Grosso,Broker
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$835,000
Sold Price
$773,000
Premium/Discount to List
-$62,000
-7.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.78%

Purchase Details

Closed on
Jun 7, 2013
Sold by
Grosso Patrick D and Buist Shannon L
Bought by
Price David and Katoff Price Lisa

Purchase Details

Closed on
Mar 9, 2005
Sold by
Karcher Catherine L
Bought by
Grosso Patrick D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2004
Sold by
Karcher Catherine
Bought by
Karcher Catherine L and Catherine L Karcher Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Interest Rate
6.09%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 16, 2002
Sold by
Owens William H
Bought by
Karcher Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
5.63%

Purchase Details

Closed on
Dec 3, 1996
Sold by
Michelle Katz
Bought by
Owens William H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7.6%

Purchase Details

Closed on
Apr 16, 1996
Sold by
Katz Michele and Katz Piri
Bought by
Katz Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.75%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $825,000 Western Resources Title
Interfamily Deed Transfer -- Accommodation
Grant Deed $773,000 Chicago Title Co
Interfamily Deed Transfer -- None Available
Grant Deed $760,000 Fidelity National Title Co
Interfamily Deed Transfer -- --
Grant Deed $405,000 Orange Coast Title
Grant Deed $205,000 Commonwealth Land Title Co
Interfamily Deed Transfer -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $651,500 New Conventional
Closed $660,000 New Conventional
Previous Owner $417,000 Unknown
Previous Owner $500,000 Purchase Money Mortgage
Previous Owner $60,000 Credit Line Revolving
Previous Owner $517,500 Stand Alone First
Previous Owner $52,000 Credit Line Revolving
Previous Owner $380,000 Stand Alone First
Previous Owner $364,000 No Value Available
Previous Owner $164,000 No Value Available
Previous Owner $184,000 No Value Available
Closed $184,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2020 02/26/20 Sold $825,000 -2.4% $501 / Sq Ft
01/28/2020 01/28/20 Pending -- -- --
01/24/2020 01/24/20 Price Changed $844,999 0.0% $513 / Sq Ft
01/14/2020 01/14/20 Price Changed $845,000 -0.6% $513 / Sq Ft
10/24/2019 10/24/19 For Sale $850,000 +10.0% $516 / Sq Ft
06/22/2016 06/22/16 Sold $773,000 -5.2% $469 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
05/19/2016 05/19/16 Price Changed $815,000 -1.2% $495 / Sq Ft
05/03/2016 05/03/16 Price Changed $825,000 -1.2% $501 / Sq Ft
04/03/2016 04/03/16 For Sale $835,000 -- $507 / 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
2024 $9,696 $884,565 $741,837 $142,728
2023 $9,466 $867,221 $727,291 $139,930
2022 $9,306 $850,217 $713,030 $137,187
2021 $9,130 $833,547 $699,049 $134,498
2020 $9,165 $836,719 $703,477 $133,242
2019 $8,980 $820,313 $689,683 $130,630
2018 $8,803 $804,229 $676,160 $128,069
2017 $8,648 $788,460 $662,902 $125,558
2016 $8,152 $744,000 $599,000 $145,000
2015 $7,580 $686,000 $541,000 $145,000
2014 $7,543 $686,000 $541,000 $145,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16068691

California Regional Multiple Listing Service (CRMLS)

APN: 932-580-86