NOT LISTED FOR SALE

62 Villa Point Dr Newport Beach, CA 92660

Estimated Value: $1,458,242 - $1,494,000

2 Beds
2 Baths
1,391 Sq Ft
$540/mo HOA Fee

Last Sold November 22, 2021

Last sale price $1,150,000 $827 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $9,635/month

6 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Outdoor Cooking Area
  • Abraham Lincoln Elementary School Rated A
  • Loft
  • 3-minute walk to Back Bay View Park

About This Home

As of November 2021

Completely remodeled upper unit located in the highly desirable Villa Point community. Enjoy amenities such as pools, spas, fitness center, and gated entry. The interior has been tastefully remodeled,The large private bedroom can accommodate a king size bed. The bathroom features dual sinks. For your convenience there is a laundry closet inside the unit as well as a detached single car garage. This condo is located just minutes away from the beach and Fashion Island & Balboa Island! This is Southern California beach living at its best. Do not miss out on this stunning 2 bedroom 2 full bath home.

Last Agent to Sell the Property

Fernando Ayala

REAL ESTATE HOUND License #01310454 Listed on: 10/18/2021

Last Buyer's Agent

Fernando Ayala

REAL ESTATE HOUND License #01310454 Listed on: 10/18/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,978

Year Built

  • Built in 1990

Lot Details

  • 1,411

HOA Fees

  • $540 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,391 Sq Ft Home
  • Family Room with Fireplace
  • Loft
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Private Pool
  • Exterior Lighting

Additional Features

  • Two or More Common Walls
  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 14055
  • Assessor Parcel Number 93963659
  • $417 per year additional tax assessments

Community Details

Overview

  • 228 Units
  • Villa Point Condominium Association, Phone Number (714) 395-5245
  • Stonekastle Community Management HOA

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,978

Year Built

Built in 1990

Lot Details

0

HOA Fees

$540 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93963659
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1391.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 826.74
  • Room Type: Loft

Exterior Features

  • Pool Features: Private, Community
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Gym/Ex Room, Pets Permitted
  • Association Fee: 540.00
  • Association Fee Frequency: Monthly
  • Association Name: Villa Point Condominium Association
  • Phone: 714-395-5245
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Sidewalks, Street Lights
  • Association Management: Stonekastle Community Management

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 1410.00
  • Lot Size Acres: 0.0324

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1410.0000 Square Feet
  • Number Of Units In Community: 228
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 630.08
  • Tax Lot: 1
  • Tax Tract Number: 14055
  • TaxOtherAnnualAssessmentAmount: 417.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2021
Closed on
Oct 28, 2021
Sold by
Manisco Joseph M and Manisco Penny L
Bought by
Warner Elhum M and Warner Emily P
Seller's Agent
Fernando Ayala
REAL ESTATE HOUND
Buyer's Agent
Fernando Ayala
REAL ESTATE HOUND
Sold Price
$1,150,000
Current Estimated Value
$1,470,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,561
Avg. Annual Appreciation
6.06%
Original Mortgage
$669,000
Outstanding Balance
$619,422
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$815,179

Purchase Details

Closed on
Nov 20, 2019
Sold by
Manisco Joseph M and Manisco Penny L
Bought by
Manisco Joseph M and Manisco Penny L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2015
Sold by
Manisco Joseph M and Manisco Penny L
Bought by
Joseph M Manisco & Penny L Manisco 2000 and Manisco Penny L

Purchase Details

Closed on
Nov 15, 2006
Sold by
Morse Stephen M and Morse Rosalie
Bought by
Manisco Joseph M and Manisco Penny L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,000
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2003
Sold by
Morse Stephen M and Morse Rosalie
Bought by
Morse Stephen M and Morse Rosalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,150
Interest Rate
5.37%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 25, 2002
Sold by
Morse Stephen M and Morse Rosalie
Bought by
Morse Stephen M and Morse Rosalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,100
Interest Rate
6.87%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 20, 1996
Sold by
Morse Stephen M and Morse Rosalie
Bought by
Morse Stephen M and Morse Rosalie

Purchase Details

Closed on
Dec 6, 1995
Sold by
Goldenberg Paul I
Bought by
Morse Stephen M and Morse Rosalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.38%

Purchase Details

Closed on
Jan 6, 1995
Sold by
Adler Erwin J and Adler Rena
Bought by
Goldenberg Paul I and Paul Goldenberg Trust
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
Warner Elhum M $1,150,000 Wfg National Title Company
Manisco Joseph M -- Ticor Title San Diego Branch
Joseph M Manisco & Penny L Manisco 2000 -- None Available
Manisco Joseph M $745,000 Equity Title Company
Morse Stephen M -- --
Morse Stephen M -- First American Title Ins Co
Morse Stephen M -- --
Morse Stephen M $265,000 Fidelity National Title Ins
Goldenberg Paul I $264,500 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warner Elhum M $669,000
Previous Owner Manisco Joseph M $450,500
Previous Owner Manisco Joseph M $502,500
Previous Owner Manisco Joseph M $596,000
Previous Owner Morse Stephen M $380,000
Previous Owner Morse Stephen M $92,150
Previous Owner Morse Stephen M $94,100
Previous Owner Morse Stephen M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2021 11/22/21 Sold $1,150,000 +33723.5% $827 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
03/25/2014 03/25/14 Rented $3,400 0.0% --
02/23/2014 02/23/14 Under Contract -- -- --
10/09/2013 10/09/13 For Rent $3,400 -- --
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 $12,978 $1,220,389 $1,042,037 $178,352
2024 $12,978 $1,196,460 $1,021,605 $174,855
2023 $12,672 $1,173,000 $1,001,573 $171,427
2022 $12,459 $1,150,000 $981,934 $168,066
2021 $10,062 $922,125 $685,440 $236,685
2020 $9,587 $871,000 $665,109 $205,891
2019 $9,636 $871,000 $665,109 $205,891
2018 $9,693 $877,231 $652,068 $225,163
2017 $9,526 $860,031 $639,282 $220,749
2016 $8,856 $799,001 $626,747 $172,254
2015 $8,172 $787,000 $637,000 $150,000
2014 $7,304 $651,000 $501,000 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21230255

California Regional Multiple Listing Service (CRMLS)

APN: 939-636-59