NOT LISTED FOR SALE

Estimated Value: $842,351 - $912,000

2 Beds
2.5 Baths
1,157 Sq Ft
1977 Built

Last Sold March 07, 2017

Last sale price $505,000 $436 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,136/month

Highlights

  • Property is near a park
  • Community Pool
  • Laundry Room
  • Victoria Elementary School Rated A-
  • 1 Car Attached Garage
  • Central Heating

About This Home

As of May 2017

Fantastically upgraded and freshly remodeled Dual-Master Suite! 1,157 sq ft, 2 bedroom and 2.5 bathroom 2-story Newport Terrace Condo surrounded by beautiful parks and trails. Granite counters, stainless-steel appliances including refrigerator, washer & dryer, upgraded dual-pane windows, crown molding, beamed ceilings, fresh paint, new carpet, marble bathroom floorings, new vanities, etc. The community recently completed a stunning multi-million dollar multi-year renovation including all property exteriors, lighting & landscaping, pool, spa, sport court, BBQ & picnic areas. Newport Terrace is a hidden gem! Wooded walking trails, canyons, parks, bike trail to the beach and yes it's Newport Beach! Available for immediate occupancy.

Last Agent to Rent the Property

Nicolai Glazer

Pacific Sotheby's Int'l Realty License #01857997 Listed on: 04/20/2017

Pacific Sotheby's Int'l Realty

Last Renter's Agent

Nicolai Glazer

Pacific Sotheby's Int'l Realty License #01857997 Listed on: 04/20/2017

Pacific Sotheby's Int'l Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,606

Year Built

  • Built in 1977

Parking

  • 1 Car Attached Garage
  • 1 Carport Space
  • Parking Available

Interior Spaces

  • 1,157 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Additional Features

  • Exterior Lighting
  • Two or More Common Walls
  • Property is near a park
  • Central Heating

Listing and Financial Details

  • Security Deposit $2,500
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 5/1/17
  • Tax Lot 6
  • Tax Tract Number 8835
  • Assessor Parcel Number 93338272

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Community Pool

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,606

Year Built

Built in 1977

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: Security Deposit
  • Available Date: 2017-05-01
  • Credit Check Paid By: Tenant
  • Deposit Key: 150
  • Deposit Security: 2500
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Inclusions: refrigerator, washer & dryer
  • Property Attached: Yes
  • Subdivision Name Other: Newport Terrace (NEWT)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93338272
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1157.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2.16
  • Room Type: All Bedrooms Up

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Private
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Park Nearby

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Census Tract: 636.01
  • Tax Lot: 6
  • Tax Tract Number: 8835

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2020
Sold by
Keith Andree L
Bought by
Keith Ronald J and Keith Karen P
Current Estimated Value
$864,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 11, 2017
Closed on
Feb 7, 2017
Sold by
Stewart Jed R
Bought by
Keith Ronald J and Keith Karen P
Seller's Agent
Nicolai Glazer
Pacific Sotheby's Int'l Realty
Buyer's Agent
Thomas Kolenic
Seaside Lending
List Price
$519,950
Sold Price
$505,000
Premium/Discount to List
-$14,950
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%
Original Mortgage
$255,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2010
Sold by
Marrs Jayvin C
Bought by
Stewart Jed R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,045
Interest Rate
4.68%
Mortgage Type
Unknown

Purchase Details

Closed on
May 25, 2007
Sold by
Marrs Jayvin C and Marrs Jayvin
Bought by
Marrs Jayvin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2004
Sold by
Marrs Jayvin
Bought by
Marrs Jayvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 17, 2002
Sold by
Lucas William and Lucas Eileen
Bought by
Marrs Jayvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.75%

Purchase Details

Closed on
Aug 18, 1998
Sold by
Hud
Bought by
Lucas William and Lucas Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,362
Interest Rate
6.91%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 9, 1998
Sold by
Kathl Navarro George Henry
Bought by
Old Kent Mtg Company
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
Keith Ronald J -- First American Title Ins Co
Keith Andree L -- First American Title Ins Co
Keith Ronald J $505,000 California Title Company
Stewart Jed R $288,500 --
Marrs Jayvin C -- United General Title Ins Co
Marrs Jayvin -- Ticor Title Company Of Ca
Marrs Jayvin C -- Ticor Title Company Of Ca
Marrs Jayvin $265,000 Chicago Title
Lucas William $171,000 Lawyers Title Company
Old Kent Mtg Company $158,080 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keith Andree L $260,000
Closed Keith Ronald J $255,000
Previous Owner Marrs Jayvin C $412,000
Previous Owner Marrs Jayvin $214,000
Previous Owner Marrs Jayvin $212,000
Previous Owner Lucas William $170,362
Closed Marrs Jayvin $53,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2017 05/15/17 Rented $2,500 0.0% --
05/15/2017 05/15/17 Under Contract -- -- --
04/20/2017 04/20/17 For Rent $2,500 0.0% --
03/07/2017 03/07/17 Sold $505,000 -2.9% $436 / Sq Ft
02/05/2017 02/05/17 Pending -- -- --
01/11/2017 01/11/17 For Sale $519,950 -- $449 / 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 $6,606 $586,094 $500,688 $85,406
2024 $6,606 $574,602 $490,870 $83,732
2023 $6,570 $563,336 $481,245 $82,091
2022 $6,380 $552,291 $471,809 $80,482
2021 $6,057 $541,462 $462,558 $78,904
2020 $5,998 $535,910 $457,815 $78,095
2019 $5,880 $525,402 $448,838 $76,564
2018 $5,765 $515,100 $440,037 $75,063
2017 $3,697 $318,139 $238,062 $80,077
2016 $3,617 $311,901 $233,394 $78,507
2015 $3,581 $307,216 $229,888 $77,328
2014 $3,498 $301,199 $225,385 $75,814
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17084681

California Regional Multiple Listing Service (CRMLS)

APN: 933-382-72