$505,000
SOLD MAR 7, 2017
2 Beds
2.5 Baths
1,157 Sq Ft
$495/mo HOA Fee

Recently Sold

$436 Per Sq Ft

3% Below List Price

25 Days on Market

Highlights

  • Property is near a park
  • Community Pool
  • Outdoor Cooking Area
  • Victoria Elementary School Rated A-
  • Sport Court
  • Beamed Ceilings

About This Home

As of March 2017

Fantastic 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, upgraded dual-pane windows, crown molding, beamed ceilings and more. 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!

Last Agent to Sell the Property

Nicolai Glazer

Pacific Sotheby's Int'l Realty License #01857997 Listed on: 01/11/2017

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Thomas Kolenic

Seaside Lending License #01208702

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,606

Year Built

  • Built in 1977

HOA Fees

  • $495 Monthly HOA Fees

Parking

  • 1 Car Garage
  • 1 Carport Space

Interior Spaces

  • 1,157 Sq Ft Home
  • Beamed Ceilings
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Additional Features

  • Two or More Common Walls
  • Property is near a park
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 8835
  • Assessor Parcel Number 93338272

Community Details

Overview

  • Newport Terrace Association

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Sport Court
  • Community Playground
  • Community Pool
  • Community Spa
  • Hiking Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,606

Year Built

Built in 1977

Lot Details

0

HOA Fees

$495 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Newport Terrace (NEWT)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93338272
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1157.00 Square Feet
  • Interior Amenities: Beamed Ceilings
  • Common Walls: 2+ Common Walls
  • 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: 436.47
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Sport Court, Hiking Trails
  • Association Fee: 495.00
  • Association Fee Frequency: Monthly
  • Association Name: Newport Terrace
  • Phone: 000-000-0000
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby

Multi Family

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

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
$863,612

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
Outstanding Balance
$230,212
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$633,400

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
6.45%
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

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
$214,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

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 Type Sale Price Title Company
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Grant Deed $505,000 California Title Company
Grant Deed $288,500 --
Interfamily Deed Transfer -- United General Title Ins Co
Interfamily Deed Transfer -- Ticor Title Company Of Ca
Interfamily Deed Transfer -- Ticor Title Company Of Ca
Grant Deed $265,000 Chicago Title
Grant Deed $171,000 Lawyers Title Company
Trustee Deed $158,080 North American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $260,000 New Conventional
Closed $255,000 New Conventional
Previous Owner $412,000 New Conventional
Previous Owner $214,000 Purchase Money Mortgage
Previous Owner $212,000 No Value Available
Previous Owner $170,362 FHA
Closed $53,000 No Value Available
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: NP17007092

California Regional Multiple Listing Service (CRMLS)

APN: 933-382-72