tomo logo

$1,288,000

Beds
3
Baths
2.5
sq ft
1,675

811 W 15th St Unit 2D, Newport Beach, CA 92663

811 W 15th St Unit 2D

Newport Beach, CA 92663

  • 46 days on market
    • Price drop $60,000↓
Located in the desirable small gated community of Brookview in Newport Beach, this fully renovated unit offers a luxurious living experience. Bathed in natural light, the spacious interior boasts high ceilings and numerous windows, creating a bright and airy atmosphere. The kitchen is equipped with top-of-the-line Kitchen Aid appliances, while the bathrooms feature elegant custom tile selections. With updated heating and a new AC system, comfort is ensured year-round. A highlight of the property is the wet bar with a beverage fridge, situated off the living room near the patio, which features French doors for a seamless indoor-outdoor flow. Step outside to a new Trex deck, perfect for outdoor relaxation. The master bedroom exudes sophistication with a fireplace, French doors leading to its own balcony, and patio access. A massive 2-car garage, totaling approximately 700 sqft, includes a storage / workshop space and an oversized washer/dryer area with laundry shoot. Ideally located less than 1 mile from the sand at 47th St and a quick walk to Pacifica Christian High, Coastline College and the Randall Preserve. This property encapsulates low maintenance luxury coastal living at its finest.

Details

Property type

Condominium

Est. home value

$1,153,565

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$769

Year built

1980

Monthly HOA fee

$425

Price History

06/20/2024
CRMLS

CRMLS #OC24097559

Price change
$1,288,000
-4.45%
05/16/2024
CRMLS

CRMLS #OC24097559

Listed
$1,348,000
+34.8%
02/06/2024
CRMLS

CRMLS #OC23230146

Removed
$999,999

Schools & Community

Elementary school: 

Newport Heights

Middle school: 

Ensign

High school: 

Newport Harbor

Community features: 

Pool, Gated, Curbs, Street Lights

High school district: 

Newport Mesa Unified

Number of units in community: 

24

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

$684,667
Asking price
$1,288,000
Closing costs (~8% of asking)
-$103,040
Est. remaining loan balance
-$500,293
Cash to seller
$684,667

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

Seller’s Loan History

Lender

Trimark Funding Inc

Loan start date

January 2024

Original loan amount

$845,000

Est. remaining balance

$500,293

Interest rate

7.22%

Loan type

New Conventional, 1 year

Seller

Mike Pahua Inc

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: Active

Tomo last checked: 06/30/2024 at 7:30 PM

Listing updated: 06/30/2024 at 3:33 PM

Listed by: Mike Pahua, Zutila, Inc Phone #: (949) 681-8300

MLS: CRMLS #OC24097559

CRMLS logo

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