NOT LISTED FOR SALE

Estimated Value: $1,493,000 - $1,627,475

2 Beds
3 Baths
1,261 Sq Ft
$1,234/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $1,260,000 $999 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $10,036/month

13 Days on Market

Highlights

  • Spa
  • Gated Community
  • Loft
  • Newport Coast Elementary School Rated A
  • Wood Flooring
  • Quartz Countertops

About This Home

As of May 2023

This highly desirable 2 bedroom plus loft, 3 bathroom townhouse style condominium in the prestigious gated community of The Summit in Newport Coast. Featuring extensive upgrades throughout, this home showcases solid hardwood walnut flooring, an open concept living and kitchen area, kitchen equipped with upgraded stainless steel appliances throughout, recessed lighting, breakfast bar & dining area, natural gas fireplace with custom cabinetry, quartz countertops with elegant vessel sinks throughout the bathrooms, two generously sized bedrooms including a master suite with dual vanities, upgraded closet organization, additional upstairs loft space complete with full bathroom, oversized 2 car garage with built in cabinetry and organizers, work bench and washer & dryer.

Last Agent to Sell the Property

Reine Shih Briggs

Pacific City Properties License #00858845 Listed on: 03/31/2023

Last Buyer's Agent

Monica Vu

Monica Vu, Broker License #02088696

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $14,216

Year Built

  • Built in 1995 | Remodeled

Lot Details

  • 1 Common Wall

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Slab Foundation

Interior Spaces

  • 1,261 Sq Ft Home
  • Recessed Lighting
  • Living Room with Fireplace
  • Loft
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Balcony

Schools

  • Newport Coast Elementary School
  • Corona Del Mar Middle School
  • Corona Del Mar High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 14588
  • Assessor Parcel Number 93646192
  • $565 per year additional tax assessments

Community Details

Overview

  • 150 Units
  • The Summit Association, Phone Number (949) 429-5612
  • First Service Association, Phone Number (800) 428-5588
  • Bhe HOA
  • Summit Subdivision

Recreation

  • Community Pool
  • Community Spa
  • Park

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$14,216

Year Built

Built in 1995 | Remodeled

Lot Details

0

HOA Fees

$439 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Summit (NRSU)
  • View: No
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 93646192
  • Year Built: 1995
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1261.00 Square Feet
  • Interior Amenities: Balcony, Quartz Counters, Recessed Lighting
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 999.21
  • Room Type: Living Room, Loft, Walk-In Closet
  • Spa Features: Association
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Remodeled, Upgraded
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Foundation: Slab
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: First Service
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 345.00
  • Association #2 Fee: 282.00
  • Association #2 Fee Frequency: Quarterly
  • Association Fee Frequency: Monthly
  • Association Name: The Summit
  • Phone: 949-429-5612
  • Association Phone #2: 800-428-5588
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Park, Sidewalks
  • Association Management: BHE

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport Coast
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • Elementary School: Newport Coast
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • Elementary School #2: NEWCOA
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 150
  • Number Of Units Total: 150

Tax Info

  • Tax Census Tract: 626.45
  • Tax Lot: 9
  • Tax Tract Number: 14588
  • TaxOtherAnnualAssessmentAmount: 565.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
Apr 14, 2023
Sold by
Huang Cheng Nan
Bought by
Sun Angela Jingsi
Seller's Agent
Reine Shih Briggs
Pacific City Properties
Buyer's Agent
Monica Vu
Monica Vu, Broker
List Price
$1,250,000
Sold Price
$1,260,000
Premium/Discount to List
$10,000
0.8%
Views
39
Current Estimated Value
$1,555,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,869
Avg. Annual Appreciation
11.28%
Original Mortgage
$819,000
Outstanding Balance
$806,005
Interest Rate
9.13%
Mortgage Type
New Conventional
Estimated Equity
$810,405

Purchase Details

Closed on
May 13, 2011
Sold by
Aurora Loan Services Llc
Bought by
Cheng Nan Huang Md Inc Profit Sharing Pl

Purchase Details

Closed on
Oct 28, 2010
Sold by
Schreck Cari Lynn
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Mar 29, 2006
Sold by
Gross David A
Bought by
Schreck Cari Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2003
Sold by
Rose Eric L and Rose Brenda J
Bought by
Gross David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,200
Interest Rate
5.75%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 23, 1998
Sold by
Rose Eric L and Hammett Brenda J
Bought by
Rose Eric L and Rose Brenda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
6.91%

Purchase Details

Closed on
Mar 21, 1995
Sold by
Lewis Homes Of California
Bought by
Rose Eric L and Hammett Brenda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
8.37%
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
Sun Angela Jingsi $1,260,000 First American Title
Cheng Nan Huang Md Inc Profit Sharing Pl $527,000 Lsi Title Company
Aurora Loan Services Llc $575,000 Accommodation
Schreck Cari Lynn $750,000 New Century Title Company
Gross David A $479,000 California Title Company
Rose Eric L -- Landsafe Title
Rose Eric L $227,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sun Angela Jingsi $819,000
Previous Owner Schreck Cari Lynn $600,000
Previous Owner Gross David A $250,000
Previous Owner Gross David A $383,200
Previous Owner Rose Eric L $25,000
Previous Owner Rose Eric L $199,000
Previous Owner Rose Eric L $203,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $1,260,000 +0.8% $999 / Sq Ft
04/13/2023 04/13/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $1,250,000 0.0% $991 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $1,250,000 -- $991 / 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 $14,216 $1,310,904 $1,112,896 $198,008
2024 $14,216 $1,285,200 $1,091,074 $194,126
2023 $7,384 $648,958 $459,251 $189,707
2022 $7,256 $636,234 $450,246 $185,988
2021 $6,304 $623,759 $441,417 $182,342
2020 $7,037 $617,364 $436,891 $180,473
2019 $6,960 $605,259 $428,324 $176,935
2018 $6,827 $593,392 $419,926 $173,466
2017 $6,710 $581,757 $411,692 $170,065
2016 $6,499 $570,350 $403,619 $166,731
2015 $6,438 $561,783 $397,556 $164,227
2014 $6,598 $550,779 $389,768 $161,011
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23053241

California Regional Multiple Listing Service (CRMLS)

APN: 936-461-92