NOT LISTED FOR SALE

77 Ocean Vista Unit 92 Newport Beach, CA 92660

Estimated Value: $2,964,000 - $3,252,302

2 Beds
2.5 Baths
2,374 Sq Ft
$725/mo HOA Fee

Last Sold May 29, 2019

Last sale price $2,050,000 $864 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $19,330/month

Highlights

  • Ocean View
  • No Units Above
  • Clubhouse
  • Abraham Lincoln Elementary School Rated A
  • Primary Bedroom Suite
  • Main Floor Primary Bedroom

About This Home

As of May 2019

Don’t miss this rarely available and highly desired floorplan within the guarded gates of Sea Island, a private community along the golf course at the Newport Beach Country Club and across from scenic Newport Dunes. This Plan 1A upper-unit residence, one of the first to sell during the community’s original development, lives exclusively on a single level with ground-level entry and boasts sweeping ocean, Back Bay and city views. The residence features 2 bedrooms and 2.5 baths and includes a bonus den with gentleman’s bar and office, a custom reconfiguration of the floorplan during original construction. Since that time, the property has been meticulously maintained and cared for. Upgrades and recent updates include Crema Europa limestone floors, granite countertops, new HVAC, new water heater, new roof, new exterior and interior paint, and reverse osmosis water softener. The Island Lagoon Homeowners Association, an incredible value relative to other local gated communities, offers 24/7 guarded gate entry, two pools, two tennis courts, large clubhouse, foot paths and mature community landscaping. Sea Island is centrally located within a short distance to the shops and restaurants at Fashion Island, Balboa Island, the Back Bay and John Wayne Airport. Residence is available furnished for an additional sum.

Last Agent to Sell the Property

Michelle Linovitz

Pacific Sotheby's Int'l Realty License #01864077 Listed on: 05/29/2019

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,905

Year Built

  • Built in 1986

Lot Details

  • No Units Above
  • End Unit
  • Two or More Common Walls

HOA Fees

  • $725 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Back Bay
  • City Lights

Interior Spaces

  • 2,374 Sq Ft Home
  • Formal Entry
  • Living Room with Fireplace
  • Home Office
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Converted Bedroom

Utilities

  • Central Air
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 630
  • Assessor Parcel Number 93963420

Community Details

Overview

  • 133 Units
  • Island Lagoon Homeowners Association, Phone Number (949) 335-8698
  • Western Property Management HOA
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Meeting Room
  • Card Room
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Security Guard
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,905

Year Built

Built in 1986

Lot Details

0

HOA Fees

$725 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Sea Island - Lusk (SILK)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93963420
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2374.00 Square Feet
  • Common Walls: 2+ Common Walls, End Unit, No One Above
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 863.52
  • Room Type: Converted Bedroom, Den, Entry, Formal Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office

Exterior Features

  • View: Back Bay, City Lights, Ocean
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Tennis Court(s), Clubhouse, Card Room, Recreation Room, Meeting Room, Maintenance Grounds, Guard, Security, Controlled Access
  • Association Fee: 725.00
  • Association Fee Frequency: Monthly
  • Association Name: Island Lagoon Homeowners Association
  • Phone: 949-335-8698
  • Senior Community: No
  • Community Features: Curbs
  • Association Management: Western Property Management

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 133
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 12
  • Tax Tract Number: 630.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2019
Sold by
Mohrhoff Family Trust
Bought by
The Sorensen Family Trust
Current Estimated Value
$3,118,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
The Sorensen Family Trust $2,050,000 California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Sorensen Family Trust $1,150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2019 05/29/19 Sold $2,050,000 0.0% $864 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
05/29/2019 05/29/19 For Sale $2,050,000 -- $864 / 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 $23,905 $2,286,812 $1,972,986 $313,826
2024 $23,905 $2,241,973 $1,934,300 $307,673
2023 $23,344 $2,198,013 $1,896,372 $301,641
2022 $22,955 $2,154,915 $1,859,188 $295,727
2021 $22,514 $2,112,662 $1,822,733 $289,929
2020 $22,297 $2,091,000 $1,804,043 $286,957
2019 $7,679 $703,521 $427,001 $276,520
2018 $7,526 $689,727 $418,628 $271,099
2017 $7,393 $676,203 $410,419 $265,784
2016 $7,228 $662,945 $402,372 $260,573
2015 $7,157 $652,987 $396,328 $256,659
2014 $6,988 $640,196 $388,564 $251,632
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19125762

California Regional Multiple Listing Service (CRMLS)

APN: 939-634-20