NOT LISTED FOR SALE

Estimated Value: $1,541,000 - $2,113,000

3 Beds
3 Baths
1,666 Sq Ft
$367/mo HOA Fee

Last Sold May 04, 2018

Last sale price $900,000 $540 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $11,084/month

29 Days on Market

Highlights

  • In Ground Pool
  • No Units Above
  • Gated Community
  • Newport Coast Elementary School Rated A
  • Primary Bedroom Suite
  • Updated Kitchen

About This Home

As of May 2018

Welcome Home! This stylishly refinished unit was remodeled in 2017 and is completely TURN KEY. No surface went untouched and the owners attention to detail is apparent throughout. New paint, new flooring, new lighting, new doors and all new white quartz countertops are only a few upgrades. The beautifully remodeled kitchen was opened up to the living room and features brand new soft-close cabinets, white quartz counter tops, subway tile backsplash and all new stainless steel appliances with Viking range. Soaring ceilings in the living room allow an abundance of natural light through six large windows. The unit features a main-floor bedroom, newly upgraded custom flooring throughout, large walk-in closets and an attached two car garage. The enclosed backyard opens up to the kitchen and dining area, perfect for entertaining. The Summit gated development offers a resort-style pool & spa and is centrally located near the ocean, freeways, high end shopping and John Wayne Airport.

Last Agent to Sell the Property

Carter Kaufman

Compass License #01968622 Listed on: 02/20/2018

Compass

Last Buyer's Agent

Carter Kaufman

Compass License #01968622 Listed on: 02/20/2018

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,173

Year Built

  • Built in 1994

Lot Details

  • No Units Above
  • No Units Located Below
  • Two or More Common Walls

HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Automatic Gate
  • Guest Parking

Home Design

  • Turnkey
  • Slab Foundation

Interior Spaces

  • 1,666 Sq Ft Home
  • Two Story Ceilings
  • Recessed Lighting
  • Gas Fireplace
  • Custom Window Coverings
  • Blinds
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Storage
  • Tile Flooring
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Built-In Range
  • Microwave
  • Freezer
  • Dishwasher
  • Quartz Countertops
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers and Cabinet Doors
  • Trash Compactor
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Quartz Bathroom Countertops
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub
  • Separate Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Fireplace in Patio
  • Patio
  • Outdoor Fireplace
  • Exterior Lighting
  • Enclosed Glass Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 0721
  • Tax Tract Number 14588
  • Assessor Parcel Number 93646193

Community Details

Overview

  • 168 Units
  • Newport Ridge Summit Association, Phone Number (949) 838-3270
  • Newport Ridge Community Association, Phone Number (949) 448-6148

Amenities

  • Picnic Area

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,173

Year Built

Built in 1994

Lot Details

0

HOA Fees

$367 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Gated Community
  • Subdivision Name Other: Summit (NRSU)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93646193
  • Year Built: 1994
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1666.00 Square Feet
  • Interior Amenities: High Ceilings, Recessed Lighting, Storage, Two Story Ceilings
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Family Room, Kitchen, Living Room, Outside, Patio, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 540.22
  • Room Type: Family Room, Kitchen, Living Room, Main Floor Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Community, Association
  • Window Features: Blinds, Custom Covering
  • Bathroom Features: Bathtub, Double Sinks In Bath(s), Double Sinks In Master Bath, Exhaust Fan(s), Privacy Toilet Door, Quartz Counters, Remodeled, Separate Tub And Shower, Upgraded
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Neighborhood
  • Patio And Porch Features: Enclosed Glass Porch, Patio, Stone
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered, Garage, Guest, On Site
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Freezer, Gas Oven, Gas Range, Microwave, Refrigerator, Trash Compactor
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Newport Ridge Community
  • Amenities: Pool, Spa/Hot Tub, Picnic Area, Dues Paid Monthly, Dues Paid Quarterly
  • Association Fee: 295.00
  • Association #2 Fee: 215.00
  • Association #2 Fee Frequency: Quarterly
  • Association Fee Frequency: Monthly
  • Association Name: Newport Ridge Summit
  • Phone: 949-838-3270
  • Association Phone #2: 949-448-6148
  • Senior Community: No
  • Community Features: Street Lights

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
  • Lot Features: Level with Street

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 168
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.45
  • Tax Lot: 0721
  • Tax Tract Number: 14588

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2021
Sold by
Bright Megan C
Bought by
Bright Megan Christine and The Megan Christthie Bright Tr
Current Estimated Value
$1,771,996

Purchase Details

Closed on
Jul 17, 2020
Sold by
Bright Stephen A and Bright Therese M
Bought by
Bright Stephen A and Bright Therese M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,410
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 20, 2018
Closed on
Mar 29, 2018
Sold by
Mehta Jyotin V and Mehta Neela J
Bought by
Bright Megan C and Bright Stephen A
Seller's Agent
Carter Kaufman
Compass
Buyer's Agent
Carter Kaufman
Compass
List Price
$939,000
Sold Price
$900,000
Premium/Discount to List
-$39,000
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.67%
Original Mortgage
$590,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 23, 2004
Sold by
Mehta Jyotin V and Mehta Neela J
Bought by
Mehta Jyotin and Mehta Neela J

Purchase Details

Closed on
Sep 11, 1998
Sold by
Falce Louis R
Bought by
Mehta Jyotin and Mehta Neela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,800
Interest Rate
6.71%

Purchase Details

Closed on
Jul 21, 1995
Sold by
Lewis Homes Of California
Bought by
Falce Louis R and Falce Joan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,150
Interest Rate
7.5%
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
Bright Megan Christine -- None Available
Bright Stephen A -- None Available
Bright Megan C $900,000 Chicago Title Co
Mehta Jyotin -- --
Mehta Jyotin -- Guardian Title Company
Falce Louis R $248,545 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bright Stephen A $566,000
Closed Bright Stephen A $567,410
Closed Bright Stephen A $578,000
Closed Bright Megan C $590,000
Previous Owner Mehta Jyotin $179,100
Previous Owner Mehta Jyotin $630,000
Previous Owner Mehta Jyotin $285,000
Previous Owner Mehta Jyotin $258,800
Previous Owner Falce Louis R $110,000
Previous Owner Falce Louis R $199,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2018 05/04/18 Sold $900,000 -4.2% $540 / Sq Ft
03/21/2018 03/21/18 Pending -- -- --
02/20/2018 02/20/18 For Sale $939,000 -- $564 / 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
2024 $11,173 $1,003,965 $782,638 $221,327
2023 $10,912 $984,280 $767,292 $216,988
2022 $10,725 $964,981 $752,247 $212,734
2021 $9,704 $946,060 $737,497 $208,563
2020 $10,404 $936,360 $729,935 $206,425
2019 $10,255 $918,000 $715,622 $202,378
2018 $5,223 $445,719 $234,385 $211,334
2017 $5,135 $436,980 $229,789 $207,191
2016 $4,960 $428,412 $225,283 $203,129
2015 $4,913 $421,977 $221,899 $200,078
2014 $5,109 $413,712 $217,553 $196,159
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18039089

California Regional Multiple Listing Service (CRMLS)

APN: 936-461-93