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$1,184,920Estimated home value

Beds
2
Baths
2.5
sq ft
1,578

2 Encore Ct Unit 248, Newport Beach, CA 92663

2 Encore Ct Unit 248

Newport Beach, CA 92663

  • Sold On 7/24/2023
Welcome to the coastal community of Newport Crest, where this immaculate 2 bedroom, 2.5 bath home has a cozy entry with a small terrace, perfect for enjoying the coastal breeze. The home boasts a spacious and open floor plan, with a large remodeled kitchen that seamlessly flows into the dining room, creating an ideal space for entertaining guests. The living room is equally impressive, featuring ample space and large windows that flood the interior with an abundance of natural light. On the entry-level, you'll also find a convenient powder room. The master bedroom is truly a retreat, offering generous proportions allowing for a cozy sitting area. It includes a walk-in closet and provides access to a large deck. The en-suite master bathroom is designed with comfort in mind, featuring dual sinks, an additional spacious closet, and a tub/shower area with doors that open to a private deck. The second bedroom is very comfortable, complete with its own en-suite bathroom, providing a private space for guests or family members. Downstairs, you'll find an ample laundry room. The property also includes a 2-car garage, providing plenty of space for parking and additional storage. Newport Crest community amenities include a pool and tennis courts. The proximity to the beach allows you to fully embrace the coastal lifestyle. This remarkable home offers an exceptional blend of comfort, style, and coastal living. With its impeccable condition, spacious layout, and desirable location, it presents a unique opportunity to own a slice of paradise in Newport Beach.

Details

Property type

Condominium

Est. home value

$1,184,920

Lot size

1,000 sq ft

Price per sq ft

$748

Year built

1973

Monthly HOA fee

$450

Price History

02/21/2025
CRMLS

CRMLS #OC24252465

Removed
$1,599,000
01/02/2025
CRMLS

CRMLS #OC24252465

Listed
$1,599,000
+35.51%
07/21/2023
CRMLS

CRMLS #NP23088024

Sold
$1,180,000
+74.81%

Schools & Community

Elementary school: 

Newport Heights

Middle school: 

Horace Ensign

High school: 

Newport Harbor

Community features: 

Pool, Street Lights

High school district: 

Newport Mesa Unified

Number of units in community: 

460

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

$217,018
Asking price
$1,180,000
Closing costs (~8% of asking)
-$94,400
Est. remaining loan balance
-$868,582
Cash to seller
$217,018

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

June 2023

Original loan amount

$885,000

Est. remaining balance

$868,582

Interest rate

6.35%

Loan type

New Conventional, 30 year

Seller

Behroz Niazi and Sonia Niazi

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?

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Status: Off Market

Tomo last checked: 02/24/2025 at 11:00 AM

Listing updated: 11/06/2023 at 11:12 AM

Listed by: Mariana Donahue, Compass Phone #: (949) 438-4340

MLS: CRMLS #NP23088024

CRMLS logo

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