Seller's Agent in 2018
Bob Coluccio
Surterre Properties Inc.
(949) 510-2594
11 Total Sales
518 Bolsa Ave Newport Beach, CA 92663
Newport Heights NeighborhoodEstimated Value: $2,453,159 - $2,776,000
5
Beds
4
Baths
3,261
Sq Ft
2006
Built
Highlights
- Cape Cod Architecture
- Fireplace in Primary Bedroom
- Wood Flooring
- Newport Heights Elementary Rated A
- Cathedral Ceiling
- Granite Countertops
About This Home
As of December 2018This Cape Cod home offers spacious family living and is located on a quiet street in Newport Heights. Attached on one side and one of a four-property private enclave, this two-story home offers over 3200 square feet of interior living space and is one of the best “price per square foot” values in the Heights. This floor plan is very functional offering five bedrooms and four baths, one bedroom on the main level and four bedrooms up. Fabulous master suite with private balcony, vaulted ceilings, fireplace, soaking tub and separate shower, computer desk and huge walk-in closet. Top of the line cooks kitchen with high-end appliances and black granite countertops. The lower level has walnut hardwood flooring throughout, custom dry bar with built-in wine rack and fridge. Lovely French doors flow onto the slate covered side patio from the lower bedroom, dinning room and family room. Great for entertaining and taking in the ocean breezes. This location offers easy access to neighborhood schools and parks, restaurants and shopping. Also just minutes to the Balboa Peninsula and beach.
The zoning qualifies this property for Short Term Rental use and potential as an income property. Contact listing agent for further details.
Last Agent to Sell the Property
Surterre Properties Inc. License #01085115 Listed on: 03/26/2018
Last Buyer's Agent
Michael Postil
Douglas Elliman Of California License #01932665
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $17,998
Year Built
- Built in 2006 | Remodeled
Lot Details
- Property fronts an alley
- 1 Common Wall
- West Facing Home
- Block Wall Fence
- Fence is in excellent condition
- Landscaped
- Level Lot
- Front Yard Sprinklers
- Lawn
Parking
- 2 Car Attached Garage
- Rear-Facing Garage
- Single Garage Door
- Garage Door Opener
- No Driveway
- On-Street Parking
Home Design
- Cape Cod Architecture
- Slab Foundation
- Interior Block Wall
- Composition Roof
- Wood Siding
- Shake Siding
- Copper Plumbing
- Stucco
Interior Spaces
- 3,261 Sq Ft Home
- Wired For Sound
- Dry Bar
- Cathedral Ceiling
- Recessed Lighting
- Wood Burning Fireplace
- Gas Fireplace
- Double Pane Windows
- Plantation Shutters
- Custom Window Coverings
- French Doors
- Family Room
- Living Room with Fireplace
Kitchen
- Six Burner Stove
- Gas Range
- Range Hood
- Freezer
- Water Line To Refrigerator
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- Fireplace in Primary Bedroom
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Outdoor Features
- Patio
- Exterior Lighting
- Front Porch
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
- Gas Water Heater
- Sewer Paid
- Cable TV Available
Listing and Financial Details
- Tax Lot 2
- Tax Tract Number 7007
- Assessor Parcel Number 93735145
Community Details
Overview
- No Home Owners Association
- 4 Units
Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 26, 2018
Closed on
Oct 23, 2018
Sold by
Mcdonough Daniel W and Mcdonough Kimberly E
Bought by
Ramp Erik and Qin Nellie N
Seller's Agent
Bob Coluccio
Surterre Properties Inc.
Buyer's Agent
Michael Postil
Douglas Elliman Of California
List Price
$1,788,000
Sold Price
$1,520,000
Premium/Discount to List
-$268,000
-14.99%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,135,386
Avg. Annual Appreciation
7.70%
Original Mortgage
$970,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Mar 24, 2008
Sold by
V2v Properties Bolsa Nb Llc
Bought by
Mcdonough Daniel W and Mcdonough Kimberly E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$819,000
Interest Rate
5.87%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ramp Erik | $1,520,000 | Equity Title Co | |
| Mcdonough Daniel W | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ramp Erik | $953,000 | |
| Closed | Ramp Erik | $970,000 | |
| Previous Owner | Mcdonough Daniel W | $819,500 | |
| Previous Owner | Mcdonough Daniel W | $819,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/01/2018 12/01/18 | Sold | $1,520,000 | -7.8% | $466 / Sq Ft |
| 08/31/2018 08/31/18 | Price Changed | $1,649,000 | -1.6% | $506 / Sq Ft |
| 05/23/2018 05/23/18 | Price Changed | $1,675,000 | -3.1% | $514 / Sq Ft |
| 04/25/2018 04/25/18 | Price Changed | $1,729,000 | -3.3% | $530 / Sq Ft |
| 03/26/2018 03/26/18 | For Sale | $1,788,000 | -- | $548 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $17,998 | $1,695,586 | $1,033,095 | $662,491 |
| 2024 | $17,998 | $1,662,340 | $1,012,839 | $649,501 |
| 2023 | $17,578 | $1,629,746 | $992,980 | $636,766 |
| 2022 | $17,270 | $1,597,791 | $973,510 | $624,281 |
| 2021 | $16,933 | $1,566,462 | $954,421 | $612,041 |
| 2020 | $16,772 | $1,550,400 | $944,634 | $605,766 |
| 2019 | $16,428 | $1,520,000 | $926,111 | $593,889 |
| 2018 | $12,863 | $1,181,821 | $496,249 | $685,572 |
| 2017 | $12,638 | $1,158,649 | $486,519 | $672,130 |
| 2016 | $12,356 | $1,135,931 | $476,980 | $658,951 |
| 2015 | $12,238 | $1,118,869 | $469,816 | $649,053 |
| 2014 | $11,951 | $1,096,952 | $460,613 | $636,339 |
Source: Public Records
Agents Affiliated with this Home
-
Bob Coluccio
-
M
Buyer's Agent in 2018
Michael Postil
Douglas Elliman Of California
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP18068740
APN: 937-351-45
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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