NOT LISTED FOR SALE

Estimated Value: $1,092,000 - $1,281,000

4 Beds
2.5 Baths
1,860 Sq Ft
$635/Sq Ft Est. Value

Last Sold February 28, 2018

Last sale price $655,000 $352 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $7,495/month

6 Days on Market

Highlights

  • Spa
  • Traditional Architecture
  • Main Floor Bedroom
  • Paularino Elementary School Rated A-
  • Wood Flooring
  • 4-minute walk to Paularino Park

About This Home

As of February 2018

**More photos coming soon**

1,860 square feet of living space for this price near South Coast Plaza?! Gorgeous inside!!! Bedrooms are spacious, floorplan is open and unit is located next to the pool, perfect for kids and entertaining! The home has been remodeled from ceiling to floor including paint, wood flooring, upgraded doors and hardware, recessed lighting, newer windows, freshly remodeled bathrooms and attached garage with laundry and direct access. Kitchen has stainless steel appliances and upgraded cabinets with custom lighting. Master bedroom has high vaulted ceilings and an enlarged standing shower with separate spa tub, dual vanities and an upgraded closet. This is a well maintained complex of single family homes in clusters of three. This unit is an end unit, attached on one side and offers privacy from each balcony and the backyard. Backyard gate opens to the sidewalk leading directly to the pool. We will be hosting a one day opportunity for public showing on Saturday from 1-4pm, listing agent will be present to answer all questions. Community is located conveniently next to 73/405 freeway entrance, South Coast Plaza, the Camp and Lab strip malls, tons of restaurants, shopping and local conveniences, but nestled away in a community with quiet enjoyment. Buyer to verify all information provided. Homes in this complex rarely come on the market and of those that have sold recently, this is the most highly upgraded unit. Don't miss out!

Last Agent to Sell the Property

Jessica Griffith

Engel & Völkers Newport Beach License #01755981 Listed on: 01/15/2018

Engel & Völkers Newport Beach

Last Buyer's Agent

Janet Williams

Seven Gables Real Estate License #00604818

Seven Gables Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,625

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • 1,780 Sq Ft Lot
  • Vinyl Fence
  • Paved or Partially Paved Lot

HOA Fees

  • $393 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • Pool
  • Neighborhood

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,860 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Double Pane Windows
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Wood Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Spa
  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 0.04
  • Tax Tract Number 10445
  • Assessor Parcel Number 41808339

Community Details

Overview

  • Sommerset Association, Phone Number (714) 603-8010

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,625

Year Built

Built in 1979 | Remodeled

Lot Details

0

HOA Fees

$393 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: all personal property
  • Property Attached: Yes
  • Subdivision Name Other: Sommerset Citihomes (SOMS)
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 41808339
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1860.00 Square Feet
  • Interior Amenities: Balcony, Granite Counters, Pull Down Stairs to Attic, Recessed Lighting
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Ell
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 352.15
  • Room Type: Main Floor Bedroom
  • Spa Features: Community
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Double Sinks In Master Bath, Exhaust Fan(s)
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Neighborhood, Pool
  • Fence: Yes
  • Fencing: Vinyl
  • Patio And Porch Features: Covered
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air, Fireplace(s)
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue
  • Association Fee: 393.00
  • Association Fee Frequency: Monthly
  • Association Name: Sommerset
  • Phone: 7146038010
  • Senior Community: No
  • Community Features: Gutters, Sidewalks, Street Lights, Suburban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 1780.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 111
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 639.03
  • Tax Lot: 0.04
  • Tax Tract Number: 10445

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2018
Closed on
Jan 26, 2018
Sold by
King Justin T and King Jennifer L
Bought by
Patel Mukesh Babphai and Patel Raxabehen Mukesh
Seller's Agent
Jessica Griffith
Engel & Völkers Newport Beach
Buyer's Agent
Janet Williams
Seven Gables Real Estate
List Price
$650,000
Sold Price
$655,000
Premium/Discount to List
$5,000
0.77%
Current Estimated Value
$1,180,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$525,631
Avg. Annual Appreciation
6.75%
Original Mortgage
$455,000
Outstanding Balance
$388,630
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$683,032

Purchase Details

Listed on
Apr 14, 2012
Closed on
Jul 9, 2012
Sold by
Mendoza Alicia Jeu
Bought by
King Justin T and King Jennifer L
Seller's Agent
Michelle Risser
Realty One Group West
Buyer's Agent
Jessica Griffith
Engel & Völkers Newport Beach
List Price
$370,000
Sold Price
$370,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.82%
Original Mortgage
$351,500
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2011
Sold by
Mendoza Freddie Mendoza
Bought by
Mendoza Alicia Jeu

Purchase Details

Closed on
Jul 23, 2008
Sold by
Mendoza Freddie M and Mendoza Alicia Jeu
Bought by
Mendoza Freddie Mendoza and Mendoza Alicia Jeu

Purchase Details

Closed on
Jul 1, 2008
Sold by
Mendoza Alicia Jeu and Jeu Alicia M
Bought by
Mendoza Freddie M and Mendoza Alicia Jeu

Purchase Details

Closed on
Jun 20, 2005
Sold by
Kelsey Van R and Kelsey Diane K
Bought by
Jeu Alicia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2000
Sold by
Diane Kelsey and Diane Van R
Bought by
Kelsey Van R and Kelsey Diane K

Purchase Details

Closed on
Mar 19, 1997
Sold by
Kelsey Van R and Kelsey Diane K
Bought by
Kelsey Van R and Kelsey Diane K

Purchase Details

Closed on
Dec 31, 1996
Sold by
Kelsey Van R and Kelsey Nancy C
Bought by
Kelsey Diane K
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
Patel Mukesh Babphai $655,000 Lawyers Title Co
King Justin T $370,000 Fidelity National Title
Mendoza Alicia Jeu -- Accommodation
Mendoza Alicia Jeu -- Accommodation
Mendoza Freddie Mendoza -- Accommodation
Mendoza Freddie M -- Accommodation
Jeu Alicia M $570,000 Fidelity National Title Co
Kelsey Van R -- --
Kelsey Van R -- American Title Co
Kelsey Diane K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Mukesh Babphai $455,000
Previous Owner King Justin T $122,000
Previous Owner King Justin T $360,000
Previous Owner King Justin T $360,000
Previous Owner King Justin T $351,500
Previous Owner Jeu Alicia M $508,000
Previous Owner Jeu Alicia M $63,500
Previous Owner Jeu Alicia M $359,650
Previous Owner Kelsey Van R $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2018 02/28/18 Sold $655,000 +0.8% $352 / Sq Ft
01/15/2018 01/15/18 For Sale $650,000 +75.7% $349 / Sq Ft
08/08/2012 08/08/12 Sold $370,000 0.0% $199 / Sq Ft
04/27/2012 04/27/12 For Sale $370,000 0.0% $199 / Sq Ft
04/25/2012 04/25/12 Off Market $370,000 -- --
04/14/2012 04/14/12 For Sale $370,000 -- $199 / 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 $8,625 $745,275 $569,364 $175,911
2024 $8,625 $730,662 $558,200 $172,462
2023 $8,354 $716,336 $547,255 $169,081
2022 $8,104 $702,291 $536,525 $165,766
2021 $7,883 $688,521 $526,005 $162,516
2020 $7,793 $681,462 $520,612 $160,850
2019 $7,626 $668,100 $510,403 $157,697
2018 $4,797 $400,434 $252,440 $147,994
2017 $4,718 $392,583 $247,490 $145,093
2016 $4,618 $384,886 $242,637 $142,249
2015 $4,573 $379,105 $238,992 $140,113
2014 $4,470 $371,679 $234,310 $137,369
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18010893

California Regional Multiple Listing Service (CRMLS)

APN: 418-083-39