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$1,172,458Estimated home value

Beds
3
Baths
2.5
sq ft
1,526

28 Canyon Island Dr Unit 28, Newport Beach, CA 92660

28 Canyon Island Dr Unit 28

Newport Beach, CA 92660

  • Sold On 10/18/2024
Welcome to 28 Canyon Island, nestled in the prestigious Big Canyon McLain community of Newport Beach. This beautiful condo offers 3 bedrooms, 2.5 bathrooms, and 1,526 square feet of living space. Enter through a private patio, the open floor plan features high beamed ceilings, with new vinyl flooring, and an abundance of natural light pouring through sliding glass doors. The spacious living room opens to a private balcony, perfect for relaxing and enjoying the serene surroundings with golf course and pool views. The modern kitchen boasts quartz countertops and ample cabinetry, ideal for any home chef. Includes downstairs upgraded powder and laundry. Upstairs, the primary suite includes a walk-in closet and a fully upgraded en-suite bathroom, custom walk-in shower with dual vanities. Enjoy the amenities of this gated community, including a sparkling pool, spa, and tennis courts. Located between Jamboree and MacArthur off Ford Rd, this home is just a short drive from world-class shopping, dining, and the beaches of Newport Beach.

Details

Property type

Condominium

Est. home value

$1,172,458

Lot size

Unknown

Price per sq ft

$915

Year built

1976

Monthly HOA fee

$675

Price History

10/18/2024
CRMLS

CRMLS #OC24154035

Sold
$1,350,000
-3.23%
10/01/2024
CRMLS

CRMLS #OC24154035

Pending
$1,395,000
07/29/2024
CRMLS

CRMLS #OC24154035

Listed
$1,395,000
+55.35%

Schools & Community

Elementary school: 

Lincoln

Middle school: 

Corona Del Mar

High school: 

Corona Del Mar

Community features: 

Curbs, Sidewalks

High school district: 

Newport Mesa Unified

Number of units in community: 

61

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

$865,944
Asking price
$1,395,000
Closing costs (~8% of asking)
-$111,600
Est. remaining loan balance
-$417,456
Cash to seller
$865,944

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

June 2021

Original loan amount

$450,000

Est. remaining balance

$417,456

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Jeffrey Sippel and Dara L Sippel

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: 11/09/2024 at 12:20 PM

Listing updated: 10/18/2024 at 5:56 PM

Listed by: Shelly Cofini, Berkshire Hathaway HomeService Phone #: (949) 644-6200

MLS: CRMLS #OC24154035

CRMLS logo

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