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$629,000

Beds
1
Baths
1.0
sq ft
504

101 Scholz Plz Unit 125, Newport Beach, CA 92663

101 Scholz Plz Unit 125

Newport Beach, CA 92663

  • 2 days on market
Located in the heart of Newport Beach, 101 Scholz Plz, Apt 125, offers the perfect blend of coastal luxury and convenience. This one-bedroom, one-bath condo in the gated Versailles community is ideal for a permanent residence, vacation rental, or weekend retreat. Just minutes from Balboa Peninsula, enjoy world-class beaches, top restaurants, lively nightlife, and shopping. With easy access to Trader Joe’s, Fashion Island, John Wayne Airport, PCH, and the 55 freeway, everything you need is close by. Versailles offers resort-style amenities, including a pool, spa, fitness center, and lush grounds, all within a secure, gated community. Whether you're looking for a full-time home or a getaway by the coast, this condo is a rare find in one of SoCal’s most sought-after locations.

Details

Property type

Condominium

Est. home value

$571,324

Lot size

5.9396 acres

Price per sq ft

$1,249

Year built

1971

Monthly HOA fee

$546

Price History

02/03/2025
CRMLS

CRMLS #AR25025433

Listed
$629,000
+15.94%
05/11/2022
CRMLS

CRMLS #PW22048515

Sold
$542,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Sidewalks

High school district: 

Newport Mesa Unified

Number of units in community: 

255

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$271,382
Asking price
$629,000
Closing costs (~8% of asking)
-$50,320
Est. remaining loan balance
-$307,298
Cash to seller
$271,382

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Home Point Financial Corporation

Loan start date

March 2022

Original loan amount

$325,000

Est. remaining balance

$307,298

Interest rate

3.69%

Loan type

New Conventional, 30 year

Seller

Dan R Silva and Norma Ann Silva

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/05/2025 at 9:55 AM

Listing updated: 02/04/2025 at 10:04 AM

Listed by: Jonathan Rodriguez, CA Flat Fee Listings, Inc Phone #: (626) 790-2250

MLS: CRMLS #AR25025433

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