NOT LISTED FOR SALE

Estimated Value: $605,000 - $675,000

2 Beds
2 Baths
1,294 Sq Ft
$432/mo HOA Fee

Last Sold January 12, 2021

Last sale price $410,000 $317 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,406/month

2 Days on Market

Highlights

  • Gated Community
  • Main Floor Primary Bedroom
  • Community Pool
  • Mesa View Middle School Rated A
  • Neighborhood Views
  • Tennis Courts

About This Home

As of January 2021

Welcome to Newman Terrace! A highly sought after, private gated community tucked away in the renowned Surf City-Huntington Beach. This amazing unit is just minutes from stores, restaurants, services, entertainment, John Wayne Airport, the Bolsa Chica Wetlands, the International Surfing Museum and freeway access. Come see this upgraded and spacious 2 bed, 2 bath, UPPER unit condo with an open floor plan with new upgrades such as new paint, baseboards, energy efficient recessed lights, waterproof flooring, updated patio, resurfaced fireplace, new doors and updated master bath. No expense was spared for this move-in-ready home! This unit is one of the FEW Newman Terrace condos that has two assigned side-by-side parking spaces with upper storage. This community offers subterranean parking, elevator and stairs access, in-home laundry hookups, a swimming pool, spa, tennis court, covers water and trash and has pet friendly policies. Newman Terrace offers wonderful amenities, the coastal lifestyle, and the quiet neighborhood.

Last Agent to Sell the Property

Julie Huynh

Wind Water, Inc License #01944413 Listed on: 12/01/2020

Last Buyer's Agent

Pouneh Torab

Fathom Realty Group Inc. License #02002536

Fathom Realty Group Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,152

Year Built

  • Built in 1981

HOA Fees

  • $432 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 1,294 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Neighborhood Views

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Additional Features

  • Two or More Common Walls
  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10888
  • Assessor Parcel Number 93933027

Community Details

Overview

  • 28 Units
  • Newman Terrace Association, Phone Number (909) 985-2222
  • Professional Property Management HOA
  • Newman Terrace Subdivision
  • Maintained Community

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,152

Year Built

Built in 1981

Lot Details

0

HOA Fees

$432 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Newman Terrace (NMTR)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93933027
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1294.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 316.85
  • Room Type: All Bedrooms Up, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Closet, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s), Maintenance Grounds, Trash, Sewer, Water, Pet Rules, Call for Rules
  • Association Fee: 432.00
  • Association Fee Frequency: Monthly
  • Association Name: Newman Terrace
  • Phone: 909-985-2222
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks
  • Association Management: Professional Property Management

Schools

  • School District: Huntington Beach Union High

Lot Info

  • Additional Parcels: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 28
  • Number Of Units Total: 28

Tax Info

  • Tax Census Tract: 994.02
  • Tax Lot: 1
  • Tax Tract Number: 10888

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2020
Closed on
Jan 8, 2021
Sold by
Pelayo George and Pelayo Evelyn
Bought by
Poursina Eeman
Seller's Agent
Julie Huynh
Wind Water, Inc
Buyer's Agent
Pouneh Torab
Fathom Realty Group Inc.
List Price
$415,000
Sold Price
$410,000
Premium/Discount to List
-$5,000
-1.2%
Current Estimated Value
$651,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,934
Avg. Annual Appreciation
10.56%
Original Mortgage
$383,800
Outstanding Balance
$344,049
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$309,219

Purchase Details

Listed on
Mar 20, 2019
Closed on
Apr 11, 2019
Sold by
Mayer Crystal
Bought by
Mayer Brent I
Seller's Agent
Geoffrey Tackney
GMT Real Estate
Buyer's Agent
Marcos Vargas
Seven Gables Real Estate
List Price
$388,000
Sold Price
$388,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.30%
Original Mortgage
$376,360
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 20, 2019
Closed on
Apr 6, 2019
Sold by
Mayer Brent I and Mayer Brent I
Bought by
Pelayo George and Pelayo Evelyn
Seller's Agent
Geoffrey Tackney
GMT Real Estate
Buyer's Agent
Marcos Vargas
Seven Gables Real Estate
List Price
$388,000
Sold Price
$388,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,360
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2008
Sold by
Gonzales Lloyd
Bought by
Mayer Brent I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Poursina Eeman $410,000 Commonwealth Land Title Co
Mayer Brent I -- Fidelity Natl Ttl Orange Cnt
Pelayo George $388,000 Fidelity Natl Ttl Orange Cnt
Mayer Brent I $275,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poursina Eeman $383,800
Previous Owner Pelayo George $376,360
Previous Owner Mayer Brent I $148,000
Previous Owner Mayer Brent I $165,000
Previous Owner Gonzales Lloyd $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2021 01/12/21 Sold $410,000 -1.2% $317 / Sq Ft
12/01/2020 12/01/20 For Sale $415,000 +7.0% $321 / Sq Ft
05/01/2019 05/01/19 Sold $388,000 0.0% $300 / Sq Ft
03/20/2019 03/20/19 For Sale $388,000 -- $300 / 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 $5,152 $443,796 $309,354 $134,442
2024 $5,152 $435,095 $303,289 $131,806
2023 $5,034 $426,564 $297,342 $129,222
2022 $4,959 $418,200 $291,511 $126,689
2021 $4,758 $399,860 $272,116 $127,744
2020 $4,705 $395,760 $269,325 $126,435
2019 $4,484 $375,178 $228,826 $146,352
2018 $4,385 $367,822 $224,339 $143,483
2017 $4,316 $360,610 $219,940 $140,670
2016 $4,143 $353,540 $215,628 $137,912
2015 $4,080 $348,230 $212,389 $135,841
2014 $4,000 $341,409 $208,228 $133,181
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20241147

California Regional Multiple Listing Service (CRMLS)

APN: 939-330-27