NOT LISTED FOR SALE

Estimated Value: $1,280,000 - $1,517,000

2 Beds
2.5 Baths
1,526 Sq Ft
$913/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $978,000 $641 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $9,048/month

107 Days on Market

Highlights

  • Spa
  • Golf Course View
  • Tennis Courts
  • Abraham Lincoln Elementary School Rated A
  • Deck
  • Den

About This Home

As of August 2022

Ideally located 2 bedroom / 2.5 bath original condition fixer 1500-plus square feet townhome located in the heart of Newport Beach, ready for its next owners to make it their own. The Living room with fireplace, dining area, kitchen, a half bath along with a den with a wet bar make up the first floor, with a nice relaxing patio off the den and living room. All bedrooms are located on the second level (Den could possibly be converted to a third bedroom). The home has central air conditioning and an indoor laundry. Just steps away from the award-winning Corona Del Mar High School and Middle School and Eastbluff Elementary. The complex has underground secured parking with two assigned spaces. Amenities in the complex include a swimming pool and spa and private tennis court. The community’s location at the corner of Jamboree and Ford Road makes it easy to get to John Wayne Airport, Fashion Island, Corona Del Mar, the freeways, the harbor and Back Bay, and all the amenities that make Newport Beach one of the best places to live in California. Currently the lowest priced 2BR/2+BA home on the Corona Del Mar side of Newport Beach.

Last Agent to Sell the Property

Tom Unvert

Douglas Elliman Of California License #01710879 Listed on: 04/06/2022

Douglas Elliman Of California

Last Buyer's Agent

Gaylene Rice

First Team Real Estate License #00716475

First Team Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,811

Year Built

  • Built in 1977

Lot Details

  • 900 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $725 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Automatic Gate
  • Assigned Parking
  • Controlled Entrance

Property Views

  • Golf Course
  • Neighborhood

Home Design

  • Fixer Upper
  • Planned Development
  • Asbestos Shingle Roof
  • Shake Siding

Interior Spaces

  • 1,526 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Beamed Ceilings
  • Track Lighting
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Carpet
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Built-In Trash or Recycling Cabinet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Outdoor Features

  • Spa
  • Deck
  • Patio

Schools

  • Eastbluff Elementary School
  • Corona Del Mar Middle School
  • Corona Del Mar High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 8444
  • Assessor Parcel Number 93483009
  • $360 per year additional tax assessments

Community Details

Overview

  • 83 Units
  • Sea Island Community Association, Phone Number (949) 838-3286
  • Big Canyon Mclain Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa
  • Hiking Trails
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,811

Year Built

Built in 1977

Lot Details

0

HOA Fees

$725 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: 949-280-9762
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Automatic Gate
  • Subdivision Name Other: Sea Island - Lusk (SILK)
  • View: Yes
  • Property Condition: Fixer
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 93483009
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1526.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Track Lighting, Wet Bar
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 640.89
  • Room Type: All Bedrooms Up, Den, Kitchen, Living Room, Master Bathroom, Master Bedroom
  • Spa Features: Association
  • Room Kitchen Features: Built-In Trash/Recycling

Exterior Features

  • Patio: Yes
  • View: Golf Course, Neighborhood
  • Patio And Porch Features: Deck, Patio
  • Pool Features: Association
  • Pool Private: No
  • Roof: Asbestos Shingle
  • Spa: Yes
  • Construction Materials: Shake Siding

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Assigned, Controlled Entrance
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 725.00
  • Association Fee Frequency: Monthly
  • Association Name: Sea Island Community
  • Phone: 949-838-3286
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Hiking
  • Association Management: Same

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 900.00
  • Lot Size Acres: 0.0207

Multi Family

  • Lease Considered: No
  • Lot Size Area: 900.0000 Square Feet
  • Number Of Units In Community: 83
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 630.07
  • Tax Lot: 1
  • Tax Tract Number: 8444
  • TaxOtherAnnualAssessmentAmount: 360.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2022
Closed on
Aug 1, 2022
Sold by
Alan S Lambie Jr Trust
Bought by
Robert C Reza Living Trust
Seller's Agent
Tom Unvert
Douglas Elliman Of California
Buyer's Agent
Gaylene Rice
First Team Real Estate
List Price
$989,000
Sold Price
$978,000
Premium/Discount to List
-$11,000
-1.11%
Views
3
Current Estimated Value
$1,392,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,968
Avg. Annual Appreciation
9.92%
Original Mortgage
$750,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2011
Sold by
Lambie Alan S
Bought by
Lambie Alan S and The Alan S Lambie Jr Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,200
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2005
Sold by
Lambie Alan S
Bought by
Lambie Alan S and Alan S Lambie Jr Trust
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
Robert C Reza Living Trust $978,000 Wfg National Title
Lambie Alan S -- Accommodation
Lambie Alan S -- Lawyers Title
Lambie Alan S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robert C Reza Living Trust $750,000
Previous Owner Lambie Alan S $152,200
Previous Owner Lambie Alan S $161,600
Previous Owner Lambie Alan S $161,600
Previous Owner Lambie Alan S $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2022 08/23/22 Sold $978,000 +0.3% $641 / Sq Ft
07/22/2022 07/22/22 Pending -- -- --
06/09/2022 06/09/22 Price Changed $975,000 -6.2% $639 / Sq Ft
06/02/2022 06/02/22 Price Changed $1,039,000 +5.1% $681 / Sq Ft
05/19/2022 05/19/22 Price Changed $989,000 0.0% $648 / Sq Ft
05/19/2022 05/19/22 For Sale $989,000 +4.2% $648 / Sq Ft
04/07/2022 04/07/22 Pending -- -- --
04/06/2022 04/06/22 For Sale $949,000 -- $622 / 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 $10,811 $1,017,511 $830,239 $187,272
2024 $10,811 $997,560 $813,960 $183,600
2023 $10,554 $978,000 $798,000 $180,000
2022 $4,654 $414,847 $259,531 $155,316
2021 $4,565 $406,713 $254,442 $152,271
2020 $4,520 $402,543 $251,833 $150,710
2019 $4,431 $394,650 $246,895 $147,755
2018 $4,344 $386,912 $242,054 $144,858
2017 $4,267 $379,326 $237,308 $142,018
2016 $4,173 $371,889 $232,655 $139,234
2015 $4,131 $366,303 $229,160 $137,143
2014 $4,033 $359,128 $224,671 $134,457
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22069133

California Regional Multiple Listing Service (CRMLS)

APN: 934-830-09