NOT LISTED FOR SALE

Estimated Value: $1,252,989 - $1,453,000

2 Beds
2 Baths
1,496 Sq Ft
$648/mo HOA Fee

Last Sold September 28, 2021

Last sale price $799,000 $534 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $8,795/month

110 Days on Market

Highlights

  • No Units Above
  • Primary Bedroom Suite
  • Balcony
  • Abraham Lincoln Elementary School Rated A
  • Community Pool
  • Laundry Room

About This Home

As of September 2021

Here's your OPPORTUNITY at purchasing 56 Sea Island - Back on the Market and available as of 8/27/2021. This home needs some work but is in a great location and offers fantastic space. Great opportunity for an equity buyer! Spacious dining area opens up to vaulted ceilings and full view of the step down living room and fireplace. The home offers 3 outdoor spaces: a front facing patio, a rear patio, and a balcony off of the master bedroom. Interior laundry, end unit, and a first floor bedroom with mirrored closet doors. Newer forced air heating is around 4 years old and water heater is also new. The second floor consists of only the master bedroom and ensuite bathroom, and has dual sinks, and his and her mirrored closets. Master bedroom also has a good-sized sitting area. Entry to the home is through a private locked courtyard, and there are two assigned parking spaces in the gated garage with additional cabinets for storage. Association includes pools, spas, and tennis court and rents extra parking spaces at $40 per month if you have additional cars and need parking. Owners have paid the special assessment for this unit.

Last Agent to Sell the Property

Yvonne Flores

Westcliff Properties License #01221486 Listed on: 05/15/2021

Co-Listed By

Sharon Tai

Berkshire Hathaway HomeServices California Properties License #01291264

Last Buyer's Agent

Tyler Rogina

Compass License #01925584

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,135

Year Built

  • Built in 1977

Lot Details

  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

HOA Fees

  • $648 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,496 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Additional Features

  • Balcony
  • Suburban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 8444
  • Assessor Parcel Number 93483056

Community Details

Overview

  • 83 Units
  • Sea Island Community Association, Phone Number (949) 838-3286
  • Sea Island Mclain Subdivision

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,135

Year Built

Built in 1977

Lot Details

0

HOA Fees

$648 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Sea Island - McLain (SIML)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93483056
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1496.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 2
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 534.09
  • Room Type: Master Bathroom, Master Suite
  • Bathroom Features: Double Sinks In Master Bath

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Closet, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 648.00
  • Association Fee Frequency: Monthly
  • Association Name: Sea Island Community
  • Phone: 949-838-3286
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Suburban
  • Association Management: Sea Island Community

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Latitude Manual: 33.63008900

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 83
  • Number Of Units Total: 100

Tax Info

  • Tax Census Tract: 630.07
  • Tax Lot: 1
  • Tax Tract Number: 8444

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2024
Sold by
Aleksanyan Hakop Andrew
Bought by
Halcorp Trust and Aleksanyan
Current Estimated Value
$1,358,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 20, 2024
Sold by
Runyan Erin Elizabeth
Bought by
Aleksanyan Hakop Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
May 15, 2021
Closed on
Sep 28, 2021
Sold by
Lyons Linda D and Lyons Linda D
Bought by
Aleksanyan Hakop Andrew and Aleksanyan Erin Elizabeth
Seller's Agent
Yvonne Flores
Westcliff Properties
Buyer's Agent
Tyler Rogina
Compass
List Price
$799,000
Sold Price
$799,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.60%
Original Mortgage
$719,100
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2013
Sold by
Lyons Linda Diana
Bought by
Lyons Linda D and Lyons Separate Propert Linda D

Purchase Details

Closed on
Oct 1, 2007
Sold by
Justus Allan Stayton
Bought by
Lyons Linda Diana

Purchase Details

Closed on
May 30, 2007
Sold by
Valladares Elan
Bought by
Deutsche Bank National Trust Co and Argent Mortgage Securities Inc Asset Bac

Purchase Details

Closed on
May 22, 2007
Sold by
Valladares Elan
Bought by
Gold Coast Realty Investment

Purchase Details

Closed on
Jan 10, 2006
Sold by
Martel Ronald and The Ronald Martel Living Trust
Bought by
Valladares Elan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.15%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 5, 2004
Sold by
Spoonamore Mark J
Bought by
Martel Ronald and The Ronald Martel Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
5.74%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 25, 2002
Sold by
Rains Glenn A
Bought by
Spoonamore Mark J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,350
Interest Rate
9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 26, 2000
Sold by
Rains Brenda J
Bought by
Rains Glenn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,900
Interest Rate
8.07%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 20, 1999
Sold by
Yahn Donald and Yahn Michele
Bought by
Rains Glenn A and Rains Brenda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,900
Interest Rate
7.51%

Purchase Details

Closed on
Dec 23, 1993
Sold by
Stemler Company
Bought by
Yahn Donald W and Yahn Michele B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,800
Interest Rate
7.2%
Mortgage Type
Seller Take Back
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
Halcorp Trust -- None Listed On Document
Halcorp Trust -- None Listed On Document
Aleksanyan Hakop Andrew -- None Listed On Document
Aleksanyan Hakop Andrew -- None Listed On Document
Aleksanyan Hakop Andrew $799,000 First American Title Company
Lyons Linda D -- None Available
Lyons Linda Diana -- Lawyers Title Ins
Lyons Linda Diana $593,000 Lawyers Title Ins
Deutsche Bank National Trust Co $703,732 None Available
Gold Coast Realty Investment -- Fidelity Title
Valladares Elan $800,000 Stewart Title Irvine
Martel Ronald $605,000 California Title Company
Spoonamore Mark J $349,000 First Southwestern Title Co
Rains Glenn A -- --
Rains Glenn A $242,000 Lawyers Title Company
Yahn Donald W $232,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aleksanyan Hakop $63,000
Previous Owner Aleksanyan Hakop Andrew $65,424
Previous Owner Aleksanyan Hakop Andrew $719,100
Previous Owner Valladares Elan $146,500
Previous Owner Valladares Elan $160,000
Previous Owner Valladares Elan $640,000
Previous Owner Martel Ronald $484,000
Previous Owner Spoonamore Mark J $300,000
Previous Owner Spoonamore Mark J $40,000
Previous Owner Spoonamore Mark J $52,350
Previous Owner Spoonamore Mark J $279,200
Previous Owner Rains Glenn A $29,900
Previous Owner Rains Glenn A $239,200
Previous Owner Rains Glenn A $229,900
Previous Owner Yahn Donald W $212,000
Previous Owner Yahn Donald W $211,000
Previous Owner Yahn Donald W $208,800
Previous Owner Yahn Donald W $208,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2021 09/28/21 Sold $799,000 0.0% $534 / Sq Ft
09/03/2021 09/03/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $799,000 0.0% $534 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
06/28/2021 06/28/21 Price Changed $799,000 -4.8% $534 / Sq Ft
06/10/2021 06/10/21 Price Changed $839,000 -6.7% $561 / Sq Ft
06/03/2021 06/03/21 Price Changed $899,000 -2.8% $601 / Sq Ft
05/28/2021 05/28/21 Price Changed $925,000 -6.1% $618 / Sq Ft
05/15/2021 05/15/21 For Sale $985,000 0.0% $658 / Sq Ft
07/10/2015 07/10/15 Rented $2,395 0.0% --
07/10/2015 07/10/15 For Rent $2,395 +22.8% --
07/01/2012 07/01/12 Rented $1,950 -9.3% --
06/01/2012 06/01/12 Under Contract -- -- --
05/30/2012 05/30/12 For Rent $2,150 -- --
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 $9,135 $847,904 $690,008 $157,896
2024 $9,135 $831,279 $676,479 $154,800
2023 $8,919 $814,980 $663,215 $151,765
2022 $8,768 $799,000 $650,210 $148,790
2021 $7,931 $719,593 $540,819 $178,774
2020 $7,854 $712,215 $535,274 $176,941
2019 $7,697 $698,250 $524,778 $173,472
2018 $7,545 $684,559 $514,488 $170,071
2017 $7,128 $644,000 $494,510 $149,490
2016 $7,102 $644,000 $494,510 $149,490
2015 $6,619 $595,000 $447,672 $147,328
2014 $6,587 $595,000 $447,672 $147,328
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21104175

California Regional Multiple Listing Service (CRMLS)

APN: 934-830-56