NOT LISTED FOR SALE

254 Villa Point Dr Newport Beach, CA 92660

Estimated Value: $1,249,000 - $1,316,000

2 Beds
2 Baths
1,190 Sq Ft
$540/mo HOA Fee

Last Sold February 03, 2022

Last sale price $1,050,000 $882 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $8,694/month

38 Days on Market

Highlights

  • On Golf Course
  • Spa
  • Gated Community
  • Abraham Lincoln Elementary School Rated A
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of February 2022

It's time for this owner to move on. It was a wonderful second home. First time on the market in over 20 years. Ideal floor plan: two master suits. The home is located up one flight of outside stairs. But once inside the home there are no stairs. All one level. Enjoy the view of the 16th and 17th holes of Newport Beach CC. This is like living on a farm with green views forever. Living room and dining have vaulted ceilings. Views from the the entire living area of the golf course:Kitchen, dining room and living. One bedroom has golf course view. There is a nice sized balcony off the living to enjoy a meal, a book or grab some sunshine. This unit comes with a 1 car garage which is not attached but right outside the walk up stairs. The HOA offers an unmanned gate. Pool and spa. Recently painted exterior.

Last Listed By

Darlene Kelly

HomeSmart Professionals License #00881948 Listed on: 12/02/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,883

Year Built

  • Built in 1990

Lot Details

  • On Golf Course
  • End Unit
  • 1 Common Wall
  • Cul-De-Sac
  • Wrought Iron Fence

HOA Fees

  • $540 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Single Garage Door
  • Garage Door Opener
  • Automatic Gate

Home Design

  • Contemporary Architecture
  • Fire Rated Drywall
  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,190 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Shutters
  • Drapes & Rods
  • Entryway
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Carpet
  • Golf Course Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Built-In Range
  • Dishwasher
  • Ceramic Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

Accessible Home Design

  • Doors are 32 inches wide or more

Outdoor Features

  • Spa
  • Living Room Balcony
  • Deck
  • Patio
  • Exterior Lighting

Schools

  • Corona Del Mar High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 11937
  • Assessor Parcel Number 93963562
  • $356 per year additional tax assessments

Community Details

Overview

  • 200 Units
  • Villa Point Condo Assoc. Association, Phone Number (714) 395-5245
  • Stone Kastle HOA
  • Villa Point Subdivision

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,883

Year Built

Built in 1990

Lot Details

0

HOA Fees

$540 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Villa Point (VILP)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93963562
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1190.00 Square Feet
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Ceiling Fan(s), Ceramic Counters, Living Room Balcony, Open Floorplan
  • Stories: 1
  • Entry Location: Upstairs
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Carpet
  • Accessibility Features: 32 Inch Or More Wide Doors
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 2
  • Levels: Two
  • Price Per Square Foot: 882.35
  • Room Type: Entry, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Two Masters, Walk-In Closet
  • Spa Features: Association
  • Window Features: Drapes, Shutters
  • Bathroom Features: Bathtub, Shower In Tub, Double Sinks In Bath(s), Exhaust Fan(s)
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Golf Course
  • Fence: Yes
  • Fencing: Wrought Iron
  • Patio And Porch Features: Deck
  • Pool Features: Association
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Drywall Walls, Frame, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage - Single Door, Garage Door Opener
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Cooktop, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Closet, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 540.00
  • Association Fee Frequency: Monthly
  • Association Name: Villa Point Condo Assoc.
  • Phone: 714-395-5245
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Stone Kastle

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
  • Lot Features: Cul-De-Sac, On Golf Course, Paved
  • Latitude Manual: 33.61348800

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 200
  • Number Of Units Total: 200

Tax Info

  • Tax Census Tract: 630.08
  • Tax Lot: 2
  • Tax Tract Number: 11937
  • TaxOtherAnnualAssessmentAmount: 356.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2021
Closed on
Jan 13, 2022
Sold by
David A Gaston Revocable Trust
Bought by
Schulte Family Trust
Seller's Agent
Darlene Kelly
HomeSmart Professionals
Buyer's Agent
Kathy Clark
Harcourts Blue Water
List Price
$1,200,000
Sold Price
$1,050,000
Premium/Discount to List
-$150,000
-12.5%
Total Days on Market
38
Current Estimated Value
$1,283,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,679
Avg. Annual Appreciation
7.15%
Original Mortgage
$787,500
Outstanding Balance
$738,766
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$573,537

Purchase Details

Closed on
Feb 5, 2016
Sold by
Gaston David A and Gaston Nancy J
Bought by
Gaston David A and David A Gaston 121815 Revocable Trust

Purchase Details

Closed on
Aug 13, 1998
Sold by
William Wood and William Dianne S
Bought by
Gaston David A and Gaston Nancy J

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
6.88%

Purchase Details

Closed on
Dec 19, 1995
Sold by
Wood William Lee and Wood Dianne Johnson
Bought by
Wood William Lee and Wood Dianne Johnson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,100
Interest Rate
7.37%

Purchase Details

Closed on
Mar 25, 1994
Sold by
The Irvine Company
Bought by
Wood William Lee and Johnson Dianne S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
7.79%

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
Schulte Family Trust $1,050,000 Ticor Title
Gaston David A -- None Available
Gaston David A $335,000 Fidelity National Title Ins
Wood William Lee -- --
Wood William Lee $270,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schulte Family Trust $787,500
Previous Owner Gaston David A $147,000
Previous Owner Gaston David A $150,000
Previous Owner Wood William Lee $180,100
Previous Owner Wood William Lee $182,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2022 02/03/22 Sold $1,050,000 -12.5% $882 / Sq Ft
01/10/2022 01/10/22 Pending -- -- --
12/02/2021 12/02/21 For Sale $1,200,000 -- $1,008 / 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 $11,883 $1,092,420 $917,874 $174,546
2023 $11,603 $1,071,000 $899,876 $171,124
2022 $5,569 $494,885 $315,960 $178,925
2021 $5,465 $485,182 $309,765 $175,417
2020 $5,412 $480,208 $306,589 $173,619
2019 $5,305 $470,793 $300,578 $170,215
2018 $5,202 $461,562 $294,684 $166,878
2017 $5,111 $452,512 $288,906 $163,606
2016 $5,000 $443,640 $283,241 $160,399
2015 $4,951 $436,977 $278,987 $157,990
2014 $4,835 $428,418 $273,522 $154,896
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21257736

California Regional Multiple Listing Service (CRMLS)

APN: 939-635-62