NOT LISTED FOR SALE

56 Ocean Vista Unit 54 Newport Beach, CA 92660

Estimated Value: $2,767,000 - $3,214,608

3 Beds
3 Baths
3,000 Sq Ft
$675/mo HOA Fee

Last Sold November 11, 2015

Last sale price $2,085,000 $695 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $17,740/month

137 Days on Market

Highlights

  • On Golf Course
  • Wine Cellar
  • Private Pool
  • Abraham Lincoln Elementary School Rated A
  • Gated with Attendant
  • Primary Bedroom Suite

About This Home

As of November 2015

Located in the prestigious gate guarded seclude of Sea Island, this upgraded and turnkey home overlooks the 14th fairway of Newport Beach Country Club. Expansive views of the golf course can be enjoyed throughout the home in all main living areas. The highly sought after Bermuda model has been expanded. It includes vaulted ceilings, remodeled kitchen, bar and a wine collectors dream cellar--room for refrigerated storage of over 1000 bottles. This end unit home has three bedrooms and three full baths plus three fireplaces in family room, master bedroom and living room. The community offers a pool, spa, clubhouse and tennis courts. Close to Fashion Island, Balboa Island, Corona Del Mar, Back Bay and the beach.

Last Agent to Sell the Property

Jamie McKinnon

Compass License #01869698 Listed on: 05/20/2015

Compass

Co-Listed By

Sharon McKinnon

Compass License #00828100

Last Buyer's Agent

Marilyn Read

Coldwell Banker Realty License #00981786

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,315

Year Built

  • Built in 1981

Lot Details

  • On Golf Course
  • End Unit
  • 1 Common Wall

HOA Fees

  • $675 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Single Garage Door

Interior Spaces

  • 3,000 Sq Ft Home
  • Wired For Sound
  • Bar
  • Gas Fireplace
  • Wine Cellar
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Carpet
  • Golf Course Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

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

Home Security

  • Intercom
  • Pest Guard System

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Brick Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 9674
  • Assessor Parcel Number 93963040

Community Details

Overview

  • 2 Units

Amenities

  • Outdoor Cooking Area
  • Clubhouse
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,315

Year Built

Built in 1981

Lot Details

0

HOA Fees

$675 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Gated Community, Gated with Guard, Guarded
  • Subdivision Name Other: Sea Island - Lusk (SILK)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93963040
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3000.00
  • Interior Amenities: Bar, Granite Counters, Intercom, Wired for Sound
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Family Kitchen, Dining Room
  • Fireplace Features: Family Room, Gas, Living Room, Master Bedroom
  • Levels: Three Or More
  • Price Per Square Foot: 695.00
  • Room Type: Family Room, Master Bedroom, Main Floor Bedroom, Master Suite, Walk-In Closet, Wine Cellar
  • Spa Features: Association
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Golf Course
  • Patio And Porch Features: Brick, Patio
  • Pool Features: Association
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Disposal, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Dues Paid Monthly, Guard, Outdoor Cooking Area, Pest Control, Pool, Spa/Hot Tub, Tennis Court(s), Trash
  • Association Fee: 675.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Storm Drains

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: On Golf Course

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 15
  • Tax Tract Number: 9674

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2015
Closed on
Sep 23, 2015
Sold by
House Diane
Bought by
Nelson John W and John W & Maria R Nelson Living Trust
Seller's Agent
Jamie McKinnon
Compass
Buyer's Agent
Marilyn Read
Coldwell Banker Realty
List Price
$2,295,000
Sold Price
$2,085,000
Premium/Discount to List
-$210,000
-9.15%
Current Estimated Value
$2,958,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$873,869
Avg. Annual Appreciation
3.90%

Purchase Details

Closed on
Jan 10, 2008
Sold by
House Diane
Bought by
House Diane and Diane House Trust

Purchase Details

Closed on
Apr 21, 2006
Sold by
Kemp T Gregory and Kemp Ann L
Bought by
House Diane

Purchase Details

Closed on
Jun 29, 1999
Sold by
Arthur Katayama and Arthur Mie
Bought by
Kemp T Gregory and Kemp Ann L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
2.95%

Purchase Details

Closed on
Dec 23, 1993
Sold by
Katayama Mie
Bought by
Katayama Arthur S and Katayama Mie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.75%
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
Nelson John W $2,085,000 Lawyers Title
House Diane -- None Available
House Diane $2,050,000 Fidelity National Title Co
Kemp T Gregory $735,000 Orange Coast Title
Katayama Arthur S -- United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson John W $2,843,982
Closed Nelson John W $250,000
Previous Owner Kemp T Gregory $250,000
Previous Owner Kemp T Gregory $567,741
Previous Owner Kemp Terrence Gregory $200,000
Previous Owner Kemp T Gregory $600,000
Previous Owner Kemp T Gregory $588,000
Previous Owner Katayama Arthur S $321,000
Previous Owner Katayama Arthur S $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2015 11/11/15 Sold $2,085,000 -3.0% $695 / Sq Ft
10/04/2015 10/04/15 Pending -- -- --
08/25/2015 08/25/15 Price Changed $2,149,500 -6.3% $717 / Sq Ft
05/20/2015 05/20/15 For Sale $2,295,000 -- $765 / 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
2025 $11,315 $1,066,359 $629,899 $436,460
2024 $11,315 $1,045,450 $617,548 $427,902
2023 $11,047 $1,024,951 $605,439 $419,512
2022 $10,859 $1,004,854 $593,567 $411,287
2021 $10,651 $985,151 $581,928 $403,223
2020 $10,548 $975,050 $575,961 $399,089
2019 $10,332 $955,932 $564,668 $391,264
2018 $10,127 $937,189 $553,596 $383,593
2017 $9,947 $918,813 $542,741 $376,072
2016 $22,153 $2,085,000 $1,631,072 $453,928
2015 $18,654 $1,742,000 $1,234,818 $507,182
2014 $15,253 $1,426,299 $919,117 $507,182
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15108338

California Regional Multiple Listing Service (CRMLS)

APN: 939-630-40