$1,500,000
SOLD APR 11, 2022
3 Beds
3 Baths
1,704 Sq Ft
$433/mo HOA Fee

Recently Sold

$880 Per Sq Ft

Highlights

  • 24-Hour Security
  • Spa
  • Automatic Gate
  • Newport Coast Elementary School Rated A
  • Primary Bedroom Suite
  • Gated Community

About This Home

As of April 2022

Entered in for comp purposes only

Last Agent to Sell the Property

Paul Daftarian

Luxe Real Estate License #01317949 Listed on: 04/11/2022

Co-Listed By

Lillian Vu

Luxe Real Estate License #01937949

Last Buyer's Agent

Ellie Basiri

Zutila, Inc License #02045232

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,181

Year Built

  • Built in 1994

Lot Details

  • 1 Common Wall
  • Glass Fence

HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Automatic Gate
  • Guest Parking
  • Parking Lot

Interior Spaces

  • 1,704 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Two Story Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Plantation Shutters
  • Entryway
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Security Lights

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Double Convection Oven
  • Gas Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Ceramic Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Instant Hot Water

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck
  • Exterior Lighting
  • Brick Porch or Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Suburban Location

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 14588
  • Assessor Parcel Number 93646194

Community Details

Overview

  • 100 Units
  • Power Stone Association, Phone Number (949) 363-1963
  • Summit Subdivision

Amenities

  • Outdoor Cooking Area

Recreation

  • Community Pool
  • Community Spa

Security

  • 24-Hour Security
  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,181

Year Built

Built in 1994

Lot Details

0

HOA Fees

$433 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Automatic Gate, Card/Code Access, Gated Community, Security Lights, Smoke Detector(s)
  • Subdivision Name Other: Summit (NRSU)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93646194
  • Year Built: 1994
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1704.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Ceramic Counters, High Ceilings, Open Floorplan, Recessed Lighting, Storage, Two Story Ceilings, Unfurnished
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 880.28
  • Room Type: Entry, Family Room, Great Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Suite, Multi-Level Bedroom, Walk-In Closet
  • Spa Features: Community
  • Window Features: Plantation Shutters, Shutters
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s), Remodeled, Upgraded, Walk-In Shower
  • Room Kitchen Features: Kitchen Open To Family Room, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Glass
  • Patio And Porch Features: Brick, Concrete, Deck, Patio, Patio Open, Porch
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered, Concrete, Garage, Garage Faces Front, Garage - Two Door, Gated, Guest, Parking Space, Private
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Convection Oven, Dishwasher, Double Oven, Gas Oven, Gas Cooktop, Instant Hot Water, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Outdoor Cooking Area, Security
  • Association Fee: 335.00
  • Association #2 Fee: 295.00
  • Association #2 Fee Frequency: Quarterly
  • Association Fee Frequency: Monthly
  • Association Name: Power Stone
  • Phone: 949-363-1963
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights, Suburban
  • Association Management: unknown

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 Size Sq Ft: 1704.00
  • Lot Size Acres: 0.0391

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1704.0000 Square Feet
  • Number Of Units In Community: 100
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.45
  • Tax Lot: 9
  • Tax Tract Number: 14588

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2022
Closed on
Mar 30, 2022
Sold by
Brink Linda R
Bought by
Farajnejad Revocable Living Trust
Seller's Agent
Ellie Basiri
Zutila, Inc
Buyer's Agent
Ellie Basiri
Zutila, Inc
Sold Price
$5,700
Current Estimated Value
$1,878,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,872,956
Avg. Annual Appreciation
7.31%

Purchase Details

Closed on
Oct 18, 2019
Sold by
Brink James Albert and Brink James A
Bought by
Brink Linda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2019
Sold by
Brink Linda R
Bought by
Brink Linda R and Brink Kelly Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 1995
Sold by
Lewis Homes Of California
Bought by
Brink James A and Brink Linda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
7.37%
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
Grant Deed $1,500,000 New Title Company Name
Interfamily Deed Transfer -- California Title Company
Grant Deed $260,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $606,000 New Conventional
Previous Owner $540,000 New Conventional
Previous Owner $520,000 Unknown
Previous Owner $400,000 Unknown
Previous Owner $374,250 Unknown
Previous Owner $124,000 Stand Alone Second
Previous Owner $43,000 Credit Line Revolving
Previous Owner $203,150 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2022 05/10/22 Rented $5,700 +3.6% --
05/04/2022 05/04/22 For Rent $5,500 0.0% --
05/03/2022 05/03/22 Off Market $5,500 -- --
05/03/2022 05/03/22 Under Contract -- -- --
04/30/2022 04/30/22 For Rent $5,500 0.0% --
04/11/2022 04/11/22 Sold $1,500,000 0.0% $880 / Sq Ft
04/11/2022 04/11/22 For Sale $1,500,000 -- $880 / Sq Ft
04/09/2022 04/09/22 Pending -- -- --
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 $17,181 $1,560,600 $1,333,698 $226,902
2023 $16,858 $1,530,000 $1,307,547 $222,453
2022 $4,767 $406,992 $171,822 $235,170
2021 $3,863 $399,012 $168,453 $230,559
2020 $4,620 $394,921 $166,726 $228,195
2019 $4,520 $387,178 $163,457 $223,721
2018 $4,434 $379,587 $160,252 $219,335
2017 $4,358 $372,145 $157,110 $215,035
2016 $4,199 $364,849 $154,030 $210,819
2015 $4,158 $359,369 $151,716 $207,653
2014 $4,371 $352,330 $148,744 $203,586
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22067259

California Regional Multiple Listing Service (CRMLS)

APN: 936-461-94