NOT LISTED FOR SALE

85 Ocean Vista Newport Beach, CA 92660

Estimated Value: $2,901,000 - $3,310,879

3 Beds
3.5 Baths
2,683 Sq Ft
$750/mo HOA Fee

Last Sold September 29, 2020

Last sale price $1,926,000 $718 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $18,860/month

112 Days on Market

Highlights

  • Ocean View
  • Spa
  • Updated Kitchen
  • Abraham Lincoln Elementary School Rated A
  • No Units Above
  • Open Floorplan

About This Home

As of September 2020

Rare, beautifully renovated single level resort lifestyle home! Panoramic ocean views, Catalina Island sunsets and spectacular 4th of July fireworks displays. This elegant, designer home features 3 ensuite bedrooms, 3.5 baths, spacious ocean view deck and almost 2,700 sq. ft. Enter thru a private courtyard into the main great room with no steps and direct garage access. The great room features soaring high vaulted ceilings with an abundance of natural light, beautiful fireplace and ocean views as your backdrop. The gourmet chef’s kitchen includes top of the line appliances, new cabinetry with quartz counters, new stainless steel 40” modern farmhouse sink, double ovens, microwave and 6 burner 36” high output gas cooktop. Master suite features romantic limestone fireplace, master bath includes new quartz counters, sinks, spa and completely new walk in modern shower with Hansgrohe fixtures and serene color palette with chevron patterned floors. Secondary baths completely remodeled and designed with attention to every detail. New 10.5” wide plank real European oak floors, stone and carpet throughout. Amenities include well appointed clubhouse, 2 pools/spas locations, 2 tennis courts and 24 hour manned security guard gate. It’s central Newport beach location is convenient to world class boating, close by beaches, Fashion Island shopping, entertainment, short drive to the airport and nearby Newport Beach Country Club. Luxury at its finest!

Last Agent to Sell the Property

Shauna Covington

Berkshire Hathaway HomeServices California Properties License #00991380 Listed on: 05/06/2020

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

NoEmail NoEmail

Stearman Properties License #00590716

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,895

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • No Units Above
  • Two or More Common Walls
  • Landscaped

HOA Fees

  • $750 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • Ocean
  • Catalina
  • Panoramic

Home Design

  • Turnkey
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2,683 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Recessed Lighting
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Double Oven
  • Six Burner Stove
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Quartz Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Spa
  • Patio
  • Rain Gutters

Schools

  • Corona Del Mar High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 9676
  • Assessor Parcel Number 93963416

Community Details

Overview

  • 133 Units
  • Island Lagoon Association, Phone Number (949) 334-6025
  • Western Property Management HOA
  • F 3B
  • Maintained Community

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Security Guard
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,895

Year Built

Built in 1986 | Remodeled

Lot Details

0

HOA Fees

$750 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Sea Island - Lusk (SILK)
  • View: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93963416
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2683.00 Square Feet
  • Interior Amenities: High Ceilings, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Stone Counters
  • Common Walls: 2+ Common Walls, No One Above
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 717.85
  • Room Type: Entry, Family Room, Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Master Bathroom, Master Bedroom
  • Spa Features: Community
  • Bathroom Features: Double Sinks In Master Bath, Quartz Counters
  • Room Kitchen Features: Kitchen Island, Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Catalina, Ocean, Panoramic
  • Patio And Porch Features: Deck
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Disposal, Gas Range, Gas Cooktop, Microwave, Refrigerator
  • Heating Type: Central
  • 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, Picnic Area, Tennis Court(s), Clubhouse, Maintenance Grounds, Guard, Controlled Access
  • Association Fee: 750.00
  • Association Fee Frequency: Monthly
  • Association Name: Island Lagoon
  • Phone: 949 334-6025
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains
  • Association Management: Western Property Management

Schools

  • School District: Newport Mesa Unified
  • High School: Corona Del Mar
  • High School: Corona Del Mar
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped

Multi Family

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

Tax Info

  • Tax Census Tract: 630.08
  • Tax Lot: 12
  • Tax Tract Number: 9676

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2021
Sold by
Stearman James A and Stearman Sandra M
Bought by
Stearman James A and Stearman Sandra M
Current Estimated Value
$3,012,220

Purchase Details

Listed on
May 6, 2020
Closed on
Sep 2, 2020
Sold by
Woodford James Allan and Woodford Richard B
Bought by
Stearman James A and Stearman Sandra M
Seller's Agent
Shauna Covington
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
NoEmail NoEmail
Stearman Properties
List Price
$2,095,000
Sold Price
$1,926,000
Premium/Discount to List
-$169,000
-8.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.61%

Purchase Details

Closed on
Dec 27, 2010
Sold by
Woodford Betty D
Bought by
Woodford Betty D and Betty D Woodford Family Trust

Purchase Details

Closed on
Oct 10, 1994
Sold by
Geldert Shirley C
Bought by
Geldert Shirley C and Shirley C Geldert Qualified Personal Res
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
Stearman James A -- None Available
Stearman James A $1,926,000 California Title Company
Woodford Betty D -- None Available
Geldert Shirley C -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2020 09/29/20 Sold $1,926,000 -3.5% $718 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
07/08/2020 07/08/20 Price Changed $1,995,000 -4.8% $744 / Sq Ft
05/06/2020 05/06/20 For Sale $2,095,000 -- $781 / 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 $21,895 $2,084,763 $1,760,034 $324,729
2024 $21,895 $2,043,886 $1,725,524 $318,362
2023 $21,381 $2,003,810 $1,691,690 $312,120
2022 $21,026 $1,964,520 $1,658,520 $306,000
2021 $20,624 $1,926,000 $1,626,000 $300,000
2020 $5,429 $488,859 $275,402 $213,457
2019 $5,321 $479,274 $270,002 $209,272
2018 $5,216 $469,877 $264,708 $205,169
2017 $5,124 $460,664 $259,517 $201,147
2016 $5,010 $451,632 $254,429 $197,203
2015 $4,960 $444,849 $250,608 $194,241
2014 $4,843 $436,136 $245,699 $190,437
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG20084872

California Regional Multiple Listing Service (CRMLS)

APN: 939-634-16