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$1,074,000

Beds
2
Baths
2.0
sq ft
1,294

38 Sea Island Dr, Newport Beach, CA 92660

38 Sea Island Dr

Newport Beach, CA 92660

  • <1 day on market
Indulge in love at first sight with this contemporary haven in Newport Beach! Instantly captivate your heart upon entry this is the one! Impeccably updated with designer flair, relish vaulted ceilings, motorized skylights, and French Doors leading to a private lanai. A striking stone fireplace sets the scene while new wood-like porcelain tile sweeps you through. Discover 2 expansive bedrooms, 2 full baths, and in-unit laundry. The sleek kitchen boasts a farmhouse sink, stainless steel appliances, and modern lines now featuring a brand-new integrated Bosch dishwasher with a custom panel. Plus, with a secure entrance, parking, pool, spa, and tennis court, the Sea Island community offers an enviable lifestyle. Adjacent to the esteemed Big Canyon Country Club and a leisurely stroll to Fashion Island. And don't overlook the added benefits of a new roof and skylight. Elegant living without the typical Newport Beach price tag awaits at 38 Sea Island!

Details

Property type

Condominium

Est. home value

$1,045,629

Property condition

Updated/Remodeled

Lot size

0.2296 acres

Price per sq ft

$830

Year built

1977

Monthly HOA fee

$725

Price History

11/07/2024
CLAW

CLAW #24459911

Listed
$1,074,000
-7.01%
08/01/2024
CLAW

CLAW #24371167

Removed
$1,155,000
05/26/2024
CLAW

CLAW #24371167

Price change
$1,155,000
+9.48%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated

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

$289,708
Asking price
$1,074,000
Closing costs (~8% of asking)
-$85,920
Est. remaining loan balance
-$698,372
Cash to seller
$289,708

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

Seller’s Loan History

Lender

Bank Of The West

Loan start date

November 2021

Original loan amount

$745,000

Est. remaining balance

$698,372

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Oren Solon and The Highland Trust

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: 11/08/2024 at 4:30 AM

Listing updated: 11/07/2024 at 7:45 PM

Listed by: Peter Lorimer, PLG Estates Phone #: (310) 788-0700

MLS: CLAW #24459911

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