$890,000
SOLD NOV 17, 2016
3 Beds
3 Baths
1,810 Sq Ft
$363/mo HOA Fee

Recently Sold

$492 Per Sq Ft

10% Below List Price

106 Days on Market

Highlights

  • In Ground Spa
  • Primary Bedroom Suite
  • Open Floorplan
  • Newport Coast Elementary School Rated A
  • Gated Community
  • Two Story Ceilings

About This Home

As of November 2016

* PRICE REDUCTION * Welcome to this VERY RARE and highly sought after TURN-KEY home at the gated Summit development in Newport Coast! This 3 bedroom, 3 bathroom (1 bedroom and full bath downstairs) property with 1810 square feet offers the best and largest floor plan in the community. Every part of this property has been remodeled and is one of only two townhomes in the community with an adjacent large park-like setting leading to the front door. This townhome features custom porcelain tile and imported stone throughout, matching granite counter tops in the kitchen with tumbled marble backsplash, plantation shutters, and an attached 2 car garage with storage cabinets, including a Tesla 240 volt outlet. Additionally, the home offers custom tile and stone designs for each bathroom, a large walk-in master closet as well as large walk-in closet in the second upstairs bedroom. The well-done backyard is great for entertaining and offers custom stone pavers and more. The Summit gated development offers a resort-style pool & spa. Centrally located near high-end shopping areas, beaches, 73 freeway access and the Orange County airport.

Last Agent to Sell the Property

Andrew Karigan

Douglas Elliman Of California License #01427661 Listed on: 07/13/2016

Douglas Elliman Of California

Co-Listed By

Barry Knickerbocker

Douglas Elliman of California License #01192863

Last Buyer's Agent

Laurie Eastman

Compass License #01858979

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,267

Year Built

  • Built in 1995 | Remodeled

Lot Details

  • 1 Common Wall
  • Glass Fence
  • Masonry wall
  • Fence is in excellent condition

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Single Garage Door
  • Automatic Gate

Home Design

  • French Architecture
  • Turnkey
  • Slab Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,810 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Two Story Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Plantation Shutters
  • Entryway
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Utility Room
  • Laundry Room
  • Park or Greenbelt Views

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • <<builtInRangeToken>>
  • <<microwave>>
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms

Home Security

Outdoor Features

  • In Ground Spa
  • Balcony
  • Patio
  • Exterior Lighting
  • Rain Gutters
  • Front Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 14588
  • Assessor Parcel Number 93646166

Community Details

Overview

  • Greenbelt

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,267

Year Built

Built in 1995 | Remodeled

Lot Details

0

HOA Fees

$363 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Summit (NRSU)
  • View: Yes
  • Architectural Style: French
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93646166
  • Year Built: 1995
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1810.00 Square Feet
  • Interior Amenities: Built-in Features, Balcony, Ceiling Fan(s), Granite Counters, Open Floorplan, Recessed Lighting, Two Story Ceilings
  • Stories: 2
  • Entry Location: Ground Level No Steps
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 491.71
  • Room Type: Entry, Family Room, Living Room, Main Floor Bedroom, Master Suite, Walk-In Closet, Separate Family Room, Utility Room
  • Spa Features: Association, In Ground
  • Window Features: Double Pane Windows, Plantation Shutters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Park/Greenbelt
  • Fence: Yes
  • Fencing: Glass, Masonry, Excellent Condition
  • Patio And Porch Features: Front Porch, Stone
  • Pool Features: Association
  • Pool Private: No
  • Roof: Asphalt
  • Spa: Yes
  • Construction Materials: Frame

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Microwave
  • Heating Type: Central
  • Laundry Features: Inside, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 295.00
  • Association #2 Fee: 205.00
  • Association #2 Fee Frequency: Quarterly
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Gutters, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Greenbelt
  • Lot Size Sq Ft: 2500.00
  • Price Per Lot Square Foot: 375.60

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 14588

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2016
Closed on
Nov 3, 2016
Sold by
Torosian Adam J and Torosian Alicia B
Bought by
Munira & Co Llc
Seller's Agent
Andrew Karigan
Douglas Elliman Of California
Buyer's Agent
Laurie Eastman
Compass
List Price
$989,000
Sold Price
$890,000
Premium/Discount to List
-$99,000
-10.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%

Purchase Details

Closed on
Jul 8, 2014
Sold by
Torosian Alicia B
Bought by
Torosian Adam J and Torosian Alicia B

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
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2014
Sold by
Torosian Alicia B and Torosian Adam
Bought by
Torosian Alicia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2013
Sold by
Bedrosian Alicia S
Bought by
Bedrosian Alicia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2009
Sold by
Denise Marilyn H
Bought by
Bedrosian Alicia S and The Joseph G Bedrosian Irrevocable Trust

Purchase Details

Closed on
Mar 30, 2005
Sold by
Denise Marilyn H
Bought by
Denise Marilyn H and Marilyn H Denise Trust

Purchase Details

Closed on
Feb 12, 2003
Sold by
Sugata Ayako and Negishi Mamoru
Bought by
Denise Marilyn H

Purchase Details

Closed on
Dec 10, 2002
Sold by
Sugata Ayako
Bought by
Negishi Mamoru and Sugata Ayako

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,000
Interest Rate
5.12%

Purchase Details

Closed on
Apr 21, 1999
Sold by
Searcy Vicki L
Bought by
Sugata Ayako

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,240
Interest Rate
6.98%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 1, 1994
Sold by
Lewis Homes Of California
Bought by
Searcy Vicki L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,800
Interest Rate
6%
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 Type Sale Price Title Company
Grant Deed $890,000 Ticor Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Grant Deed $650,000 None Available
Interfamily Deed Transfer -- --
Grant Deed $600,000 Fidelity National Title
Interfamily Deed Transfer -- Lawyers Title Company
Grant Deed $400,000 Orange Coast Title
Grant Deed $304,500 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $614,000 Adjustable Rate Mortgage/ARM
Previous Owner $620,600 New Conventional
Previous Owner $625,000 New Conventional
Previous Owner $625,500 New Conventional
Previous Owner $334,000 No Value Available
Previous Owner $42,240 Credit Line Revolving
Previous Owner $359,600 No Value Available
Previous Owner $260,000 Unknown
Previous Owner $273,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 For Sale $1,949,000 +119.0% $1,133 / Sq Ft
11/17/2016 11/17/16 Sold $890,000 -5.2% $492 / Sq Ft
10/27/2016 10/27/16 Pending -- -- --
08/02/2016 08/02/16 Price Changed $939,000 -5.1% $519 / Sq Ft
07/13/2016 07/13/16 For Sale $989,000 -- $546 / 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 $11,267 $1,012,666 $800,347 $212,319
2023 $11,080 $992,810 $784,654 $208,156
2022 $10,891 $973,344 $769,269 $204,075
2021 $9,869 $954,259 $754,185 $200,074
2020 $10,568 $944,475 $746,452 $198,023
2019 $10,417 $925,956 $731,815 $194,141
2018 $10,214 $907,800 $717,465 $190,335
2017 $10,037 $890,000 $703,397 $186,603
2016 $9,545 $860,643 $661,991 $198,652
2015 $9,454 $847,716 $652,047 $195,669
2014 $9,542 $831,111 $639,274 $191,837
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16152944

California Regional Multiple Listing Service (CRMLS)

APN: 936-461-66