NOT LISTED FOR SALE

Estimated Value: $826,364 - $998,000

2 Beds
2.5 Baths
1,164 Sq Ft
1977 Built

Last Sold February 19, 2019

Last sale price $585,000 $503 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,539/month

Highlights

  • Neighborhood Views
  • Community Pool
  • Open to Family Room
  • Victoria Elementary School Rated A-
  • Sport Court
  • Family Room Off Kitchen

About This Home

As of October 2023

Welcome to this charming Newport Terrace condo with dual primary suites, nestled in the heart of Newport Beach! Featuring 2 bedrooms and 2.5 bathrooms, this beautifully maintained home offers an ideal blend of coastal living and modern convenience. Upon entering, you'll be greeted by an inviting open floor plan bathed in natural light. This spectacular property features central AC for the warmer months. The spacious living area features a gorgeous quartz stone fireplace, perfect for the cooler climate during the fall and winter evenings. Step outside onto the private patio to enjoy the gentle ocean breeze and soak up the Southern California sunshine.

The well-appointed kitchen boasts quartz countertops, stainless steel appliances, and ample cabinet space, making meal preparation a breeze. The adjacent dining area is ideal for intimate gatherings or entertaining guests. Upstairs, the primary bedroom is a tranquil retreat with an ensuite bathroom with a stunning finish. The second bedroom is also generously sized and has an ensuite bathroom. Additional highlights include in-unit laundry, two assigned parking spaces, and a community pool and spa. This Newport Beach condo offers the quintessential California lifestyle, located just minutes from world-class beaches, shopping, dining, and top-rated schools. Don't miss your opportunity!

Last Agent to Rent the Property

Sharon Paxson

Coldwell Banker Realty License #01501912 Listed on: 10/09/2023

Coldwell Banker Realty

Last Renter's Agent

Jennifer McDonald

Compass License #02092799

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,292

Year Built

  • Built in 1977

Lot Details

  • Two or More Common Walls

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Parking Available
  • Rear-Facing Garage

Interior Spaces

  • 1,164 Sq Ft Home
  • 2-Story Property
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Neighborhood Views
  • Open to Family Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Victoria Elementary School
  • Tewinkle Middle School
  • Estancia High School

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Security Deposit $3,600
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 10/9/23
  • Tax Lot 4
  • Tax Tract Number 8835
  • Assessor Parcel Number 93338296

Community Details

Overview

  • Property has a Home Owners Association
  • 281 Units
  • Newport Terrace Subdivision

Recreation

  • Sport Court
  • Community Pool
  • Community Spa

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit $500
  • Breed Restrictions

Condo Details

Home Type

Condominium

Est. Annual Taxes

$7,292

Year Built

Built in 1977

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2023-10-09
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Pets: 500
  • Deposit Security: 3600
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Call, Number Limit, Size Limit
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: Yes
  • Subdivision Name Other: Newport Terrace (NEWT)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93338296
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1164.00 Square Feet
  • Stories: 2
  • Entry Location: Main level
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 3.09
  • Room Type: All Bedrooms Up
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • View: Neighborhood
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, In Closet, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sport Court
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Victoria
  • Middle School: Tewinkle
  • High School: Estancia
  • Elementary School: Victoria
  • High School: Estancia
  • Middle Or Junior School: Tewinkle
  • Elementary School #2: VICTOR2
  • High School2: ESTANC

Lot Info

  • Additional Parcels: No

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Management Co: Keystone
  • Number Of Units In Community: 281
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Census Tract: 636.01
  • Tax Lot: 4
  • Tax Tract Number: 8835

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2019
Sold by
Hess Catherine L
Bought by
Hess Catherine Louise and Catherine Hess Trust
Current Estimated Value
$906,841

Purchase Details

Listed on
Jan 9, 2019
Closed on
Jan 21, 2019
Sold by
Newsome Aaron
Bought by
Hess Catherine L
Seller's Agent
Chris Delfs
First Team Real Estate
Buyer's Agent
Sharon Paxson
Coldwell Banker Realty
List Price
$575,000
Sold Price
$585,000
Premium/Discount to List
$10,000
1.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Original Mortgage
$285,000
Outstanding Balance
$251,069
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$604,994

Purchase Details

Listed on
Oct 20, 2016
Closed on
Dec 28, 2016
Sold by
Miller Earl H and Miller Susan M
Bought by
Newsome Aaron
Seller's Agent
Dale Tillman
The Loan Source
Buyer's Agent
Chris Delfs
First Team Real Estate
List Price
$524,950
Sold Price
$518,000
Premium/Discount to List
-$6,950
-1.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%
Original Mortgage
$508,617
Interest Rate
3.99%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 24, 2012
Sold by
Miller Earl H and Miller Susan M
Bought by
Miller Earl H and Miller Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2012
Sold by
Miller Earl H and Miller Susan M
Bought by
Miller Earl H and Miller Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2003
Sold by
Miller Susan M
Bought by
Miller Earl H

Purchase Details

Closed on
Jul 10, 2003
Sold by
Miller Earl H
Bought by
Miller Earl H and Miller Susan M

Purchase Details

Closed on
Mar 6, 2002
Sold by
Miller Susan M
Bought by
Miller Earl H

Purchase Details

Closed on
Jan 30, 2002
Sold by
Miller Earl H
Bought by
Miller Earl H and Miller Susan M

Purchase Details

Closed on
Jan 13, 1999
Sold by
Miller Susan M
Bought by
Miller Earl H and Miller Susan M
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
Hess Catherine Louise -- None Available
Hess Catherine L $585,000 Western Resources Title Co
Newsome Aaron $518,000 Orange Coast Title Company
Miller Earl H -- None Available
Miller Earl H -- None Available
Miller Earl H -- Commonwealth Land Title
Miller Earl H -- Commonwealth Land Title
Miller Earl H -- Commonwealth Land Title
Miller Earl H -- United Title Company
Miller Earl H -- United Title Company
Miller Earl H -- United Title Company
Miller Earl H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hess Catherine L $285,000
Previous Owner Newsome Aaron $511,845
Previous Owner Newsome Aaron $508,617
Previous Owner Miller Earl H $690,000
Previous Owner Miller Earl H $148,000
Previous Owner Miller Susan M $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2023 10/19/23 Rented $3,600 0.0% --
10/09/2023 10/09/23 For Rent $3,600 0.0% --
02/19/2019 02/19/19 Sold $585,000 +1.7% $503 / Sq Ft
01/18/2019 01/18/19 Pending -- -- --
01/09/2019 01/09/19 For Sale $575,000 +11.0% $494 / Sq Ft
01/27/2017 01/27/17 Sold $518,000 -1.3% $445 / Sq Ft
12/19/2016 12/19/16 Pending -- -- --
10/20/2016 10/20/16 For Sale $524,950 -- $451 / 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 $7,292 $652,575 $560,130 $92,445
2024 $7,292 $639,780 $549,147 $90,633
2023 $7,166 $627,236 $538,380 $88,856
2022 $6,965 $614,938 $527,824 $87,114
2021 $6,629 $602,881 $517,475 $85,406
2020 $6,565 $596,700 $512,169 $84,531
2019 $6,022 $538,927 $461,950 $76,977
2018 $5,904 $528,360 $452,892 $75,468
2017 $3,159 $274,058 $162,442 $111,616
2016 $3,090 $268,685 $159,257 $109,428
2015 $3,058 $264,650 $156,865 $107,785
2014 $2,986 $259,466 $153,792 $105,674
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23188199

California Regional Multiple Listing Service (CRMLS)

APN: 933-382-96