NOT LISTED FOR SALE

Estimated Value: $1,061,762 - $1,174,000

2 Beds
2 Baths
1,001 Sq Ft
$540/mo HOA Fee

Last Sold March 23, 2022

Last sale price $875,000 $874 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $7,354/month

4 Days on Market

Highlights

  • Fitness Center
  • Spa
  • Clubhouse
  • Abraham Lincoln Elementary School Rated A
  • Gated Community
  • Main Floor Bedroom

About This Home

As of March 2022

Located at the corner of PCH and Jamboree this ground level end unit is only minutes from Balboa, Fashion Island and trails of the Newport Back Bay and Dunes. The Villa Point community is a quiet and gated community features 2 beautiful pools and 2 jacuzzis as well as a fully equipped gym and clubhouse. Unit 370 is a ground floor model, with 2 bedrooms, 2 bathrooms and a large patio. The primary bedroom has a generous walk in closet and a full bath. There is indoor laundry and a one car covered carport. Consider this property to be your blank canvas ready to remodel and upgrade to create your own beach retreat.

Last Agent to Sell the Property

Michael Hinderberger

Compass License #01919850 Listed on: 03/04/2022

Compass

Last Buyer's Agent

Ilene Wallach

Real Brokerage Technologies, Inc License #01399028

Real Brokerage Technologies, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,967

Year Built

  • Built in 1991

Lot Details

  • End Unit
  • Two or More Common Walls

HOA Fees

  • $540 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Fixer Upper

Interior Spaces

  • 1,001 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Combination Dining and Living Room
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • 1 Detached Carport Space
  • Parking Available
  • Automatic Gate
  • Guest Parking

Outdoor Features

  • Spa
  • Covered Patio or Porch

Schools

  • Corona Del Mar High School

Utilities

  • Central Heating and Cooling System
  • Air Source Heat Pump

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 11937
  • Assessor Parcel Number 93963614
  • $360 per year additional tax assessments

Community Details

Overview

  • 228 Units
  • Villa Point Association, Phone Number (714) 395-5245
  • Stonekastle HOA
  • Villa Point Subdivision
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,967

Year Built

Built in 1991

Lot Details

0

HOA Fees

$540 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Automatic Gate, Gated Community
  • Subdivision Name Other: Villa Point (VILP)
  • View: No
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93963614
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1001.00 Square Feet
  • Interior Amenities: Living Room Deck Attached
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls, End Unit
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area, In Living Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 874.13
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Closet
  • Spa Features: Association, Community

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Covered, Patio
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Detached Carport, Covered, Guest
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Refrigerator
  • Heating Type: Central, Fireplace(s), Heat Pump
  • Laundry Features: Dryer Included, In Closet, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Heat Pump
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Gym/Ex Room, Clubhouse, Maintenance Grounds, Trash, Pet Rules, Pets Permitted, Controlled Access
  • Association Fee: 540.00
  • Association Fee Frequency: Monthly
  • Association Name: Villa Point
  • Phone: 714-395-5245
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Stonekastle

Schools

  • School District: Newport Mesa Unified
  • High School: Corona Del Mar
  • High School: Corona Del Mar
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Latitude Manual: 33.61224700

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 228
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 630.08
  • Tax Lot: 2
  • Tax Tract Number: 11937
  • TaxOtherAnnualAssessmentAmount: 360.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2022
Sold by
Purcell Family Trust and Purcell Michael J
Bought by
Villa Point 370 Llc
Current Estimated Value
$1,122,941

Purchase Details

Listed on
Mar 4, 2022
Closed on
Mar 15, 2022
Sold by
Sharon L Wedge Trust and Wedge Sharon L
Bought by
Purcell Family Trust and Purcell
Seller's Agent
Michael Hinderberger
Compass
Buyer's Agent
Ilene Wallach
Real Brokerage Technologies, Inc
List Price
$849,000
Sold Price
$875,000
Premium/Discount to List
$26,000
3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%

Purchase Details

Closed on
Apr 16, 2013
Sold by
Wedge Sharon L
Bought by
Wedge Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 1998
Sold by
Wedge Sharon L
Bought by
Wedge Sharon L

Purchase Details

Closed on
May 6, 1998
Sold by
Dean William B
Bought by
Wedge Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.06%

Purchase Details

Closed on
May 24, 1996
Sold by
Steinhaus Robert A and Steinhaus Bonnie H
Bought by
Dean William B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.37%

Purchase Details

Closed on
May 2, 1995
Sold by
Steinhaus Robert A and Steinhaus Bonnie H
Bought by
Steinhaus Robert A and Steinhaus Bonnie H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8.62%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Villa Point 370 Llc -- None Listed On Document
Purcell Family Trust $875,000 First American Title
Wedge Sharon L -- Lsi
Wedge Sharon L -- Lsi Title
Wedge Sharon L -- --
Wedge Sharon L $222,500 First American Title Ins Co
Dean William B $190,000 Fidelity National Title Ins
Steinhaus Robert A -- Old Republic Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wedge Sharon L $94,000
Previous Owner Wedge Sharon L $104,000
Previous Owner Wedge Sharon L $100,000
Previous Owner Dean William B $150,000
Previous Owner Steinhaus Robert A $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2022 03/23/22 Sold $875,000 +3.1% $874 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $849,000 -- $848 / 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 $9,967 $928,557 $785,996 $142,561
2024 $9,967 $910,350 $770,584 $139,766
2023 $9,731 $892,500 $755,474 $137,026
2022 $3,748 $328,688 $180,000 $148,688
2021 $3,677 $322,244 $176,471 $145,773
2020 $3,640 $318,940 $174,661 $144,279
2019 $3,570 $312,687 $171,237 $141,450
2018 $3,500 $306,556 $167,879 $138,677
2017 $3,438 $300,546 $164,588 $135,958
2016 $3,362 $294,653 $161,360 $133,293
2015 $3,328 $290,228 $158,937 $131,291
2014 $3,249 $284,543 $155,823 $128,720
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22038862

California Regional Multiple Listing Service (CRMLS)

APN: 939-636-14