NOT LISTED FOR SALE

72 Villa Point Dr Newport Beach, CA 92660

Estimated Value: $750,402 - $1,017,000

1 Bed
1 Bath
792 Sq Ft
$425/mo HOA Fee

Last Sold April 27, 2015

Last sale price $462,000 $583 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $5,530/month

42 Days on Market

Highlights

  • Private Pool
  • Ocean Side of Freeway
  • Wood Flooring
  • Abraham Lincoln Elementary School Rated A
  • Gated Community
  • 3-minute walk to Back Bay View Park

About This Home

As of April 2015

Beautifully upgraded one bedroom condominium located in the highly desirable gated community of Villa Point. This is a great corner location walking distance to Balboa Island. There is custom crown molding throughout, acacia hardwood floors in the entrance and kitchen, and imported Spanish marble floors in the bathroom. There is a cozy gas log fireplace in the living room and an extended outdoor patio with a tall privacy wall. The Villa Point community offers wonderful amenities and is also a short drive to Fashion Island and the John Wayne Airport. This is a must see!

Last Agent to Sell the Property

Scott Kidd

Berkshire Hathaway HomeService License #01011063 Listed on: 01/12/2015

Berkshire Hathaway HomeService

Co-Listed By

Shereen O'Toole

Harcourts Prime Properties License #01789545

Last Buyer's Agent

Naz Mottaghi

HomeSmart, Evergreen Realty License #01451836

HomeSmart, Evergreen Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,116

Year Built

  • Built in 1991

Lot Details

  • Two or More Common Walls
  • Fenced
  • Stucco Fence

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 792 Sq Ft Home
  • Crown Molding
  • Fireplace With Gas Starter
  • Sliding Doors
  • Living Room with Fireplace

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Ocean Side of Freeway
  • Covered patio or porch
  • Exterior Lighting

Utilities

  • Cooling Available
  • Air Source Heat Pump

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 14055
  • Assessor Parcel Number 93963674

Community Details

Overview

  • 228 Units

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,116

Year Built

Built in 1991

Lot Details

0

HOA Fees

$425 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Other Phone Description: Shereen
  • Other Phone Number: 9493504686
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Villa Point (VILP)
  • View: No
  • Architectural Style: Mediterranean
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93963674
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 792.00
  • Interior Amenities: Crown Molding
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Sliding Doors
  • Fireplace Features: Gas Starter, Living Room
  • Levels: One
  • Price Per Square Foot: 583.33
  • Room Type: Living Room, Master Bedroom
  • Spa Features: Association

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Stucco Wall
  • Patio And Porch Features: Covered
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage, Unassigned
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Gas Cooktop, Microwave
  • Heating Type: Heat Pump
  • Laundry Features: Stackable
  • Water Source: Public
  • Cooling: Heat Pump
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pet Rules, Pool, Spa/Hot Tub
  • Association Fee: 425.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 1000.00
  • Lot Size Acres: 0.0230

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1000.0000 Square Feet
  • Number Of Units In Community: 228
  • Number Of Units Total: 228
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 14055

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2023
Sold by
Jelveh Sudabeh
Bought by
Jelveh Family Trust and Jelveh
Current Estimated Value
$839,220

Purchase Details

Listed on
Jan 12, 2015
Closed on
Apr 3, 2015
Sold by
Chiu Allison
Bought by
Jelveh Sudabeh
Seller's Agent
Scott Kidd
Berkshire Hathaway HomeService
Buyer's Agent
Naz Mottaghi
HomeSmart, Evergreen Realty
List Price
$469,000
Sold Price
$462,000
Premium/Discount to List
-$7,000
-1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%
Original Mortgage
$346,500
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 12, 2015
Closed on
Mar 16, 2015
Sold by
Jelveh Hamid Reza
Bought by
Jelveh Sudabeh
Seller's Agent
Scott Kidd
Berkshire Hathaway HomeService
Buyer's Agent
Naz Mottaghi
HomeSmart, Evergreen Realty
List Price
$469,000
Sold Price
$462,000
Premium/Discount to List
-$7,000
-1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 10, 2013
Closed on
Jan 24, 2013
Sold by
Shaffer Wilber Clinton and Shaffer Deborah Graham
Bought by
Chiu Allison
Seller's Agent
Rob Jansen
Jansen Team Real Estate
Buyer's Agent
Rob Jansen
Jansen Team Real Estate
List Price
$430,000
Sold Price
$419,636
Premium/Discount to List
-$10,364
-2.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%
Original Mortgage
$378,500
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 26, 2006
Sold by
Shaffer Wilber Clinton and Shaffer W
Bought by
Shaffer Wilber Clinton and Shaffer Deborah Graham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,500
Interest Rate
8.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 22, 2002
Sold by
Shaffer Wilber C
Bought by
Shaffer W C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.16%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 16, 2000
Sold by
Stock Gregory E
Bought by
Shaffer W C and Shaffer Wilber C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
8.34%
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
Jelveh Family Trust -- None Listed On Document
Jelveh Sudabeh $462,000 California Title Company
Jelveh Sudabeh -- California Title Company
Chiu Allison $420,000 Entitle Direct
Shaffer Wilber Clinton -- Commonwealth Land Title Co
Shaffer W C -- Commonwealth Land Title Co
Shaffer W C $195,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jelveh Sudabeh $346,500
Previous Owner Chiu Allison $378,500
Previous Owner Shaffer Wilber Clinton $402,500
Previous Owner Shaffer Wilber Clinton $28,750
Previous Owner Shaffer W C $192,000
Previous Owner Shaffer W C $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2015 04/27/15 Sold $462,000 -1.5% $583 / Sq Ft
02/23/2015 02/23/15 Pending -- -- --
01/12/2015 01/12/15 For Sale $469,000 +11.8% $592 / Sq Ft
02/28/2013 02/28/13 Sold $419,636 -2.4% $530 / Sq Ft
01/20/2013 01/20/13 Pending -- -- --
01/10/2013 01/10/13 For Sale $430,000 -- $543 / 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 $6,116 $555,249 $422,056 $133,193
2024 $6,116 $544,362 $413,780 $130,582
2023 $5,970 $533,689 $405,667 $128,022
2022 $5,867 $523,225 $397,713 $125,512
2021 $5,757 $512,966 $389,915 $123,051
2020 $5,762 $507,707 $385,917 $121,790
2019 $5,712 $497,752 $378,350 $119,402
2018 $5,603 $487,993 $370,932 $117,061
2017 $5,509 $478,425 $363,659 $114,766
2016 $5,393 $469,045 $356,529 $112,516
2015 $5,005 $429,963 $320,399 $109,564
2014 $4,892 $421,541 $314,123 $107,418
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15013113

California Regional Multiple Listing Service (CRMLS)

APN: 939-636-74