5 Terraza Dr, Newport Coast, CA 92657
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5 Terraza Dr Newport Coast, CA 92657

$2,235,000 Sold Price as of 08/02/2021
  • 3 Beds
  • 2.5 Baths
  • 2,735 Sq.Ft.
Sold
$2,235,000 Sold Price as of 08/02/2021 Refinance Your Mortgage

Map preview of 5 Terraza Dr, Newport Coast, CA 92657

Property Overview: 5 Terraza Dr Newport Coast, CA has 3 bedrooms, 2.5 bathrooms, 2,735 living square feet and -- square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Nestled in the coveted gated community of Altezza, this beautiful home is located on a larger corner lot. This incredible home boasts spectacular panoramic ocean views along with the city lights, harbor, coastline and Catalina! Walking into this home you are sure to be impressed with the soaring ceilings and the array of windows, which allows for plenty of natural light! The massive gourmet kitchen is sure to please the pickiest of chef's, while the living room boasts vaulted ceilings and a beautiful custom fan you will be sure to notice, along with the spectacular ocean views! Master bedroom is conveniently located on the entry level floor while all other bedrooms are located upstairs, including a massive bonus room! Do not miss out on the opportunity to call this one your HOME! Equipment: Dryer,Garage Door Opener, Washer Sewer: Sewer Connected Topography: ,,RSLP,GSL

Listed by Mike Tomasello | BRE #01873819 | Turning Leaf Properties
Co-listed by Peggy Tomasello | BRE #01146374 | Turning Leaf Properties
Last checked: 9 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 46

Home details

Lot Sq. Ft
--
HOA Dues
$450/mo
Year built
1995
Garage
2 Car
Property Type:
Condominium
Status
Sold
MLS#
210013157
City
Newport Coast
County
Orange
Time on Site
1076 days

Virtual Tour

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Property Details for 5 Terraza Dr

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Natural Gas, Forced Air
Laundry Information
  • Has Laundry
  • Electric Dryer Hookup, Gas Dryer Hookup
Room Information
  • Eating Area: Area
  • Main Floor Bedroom, Bonus Room, Family Room, Main Floor Master Bedroom, Office
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator, Built-In Range, Convection Oven, Freezer
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 1
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Has Fence
  • Partial
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Attached Garage
Lot Information
  • Lot Size Source: Assessor
  • Common Interest: Condominium
Property Information
  • Has View
  • View: Bay, Mountain(s), Ocean, Catalina, Coastline
  • Parcel Number: 93534474
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Altezza
  • Association Fee: $450 (Monthly)
  • Association Amenities: Maintenance Grounds, Other
Location / Neighborhood
Location Information
  • Directions: Cross Street: Altezza Dr.
View more facts & features

Local Newport Coast Agent

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Tax History for 5 Terraza Dr

Assessed Value (2020): $1,530,861
Year Land Value Improved Value Assessed Value
2020 $1,129,139 $401,722 $1,530,861

Home Value Compared to the Market

This property vs the competition

5 Terraza Dr sold on August 2, 2021 for 56.33% lower than the current median sold price for the city of Newport Coast which is $5,495,000. The median sold price per/sqft for Newport Coast is $1,508 and this home is sold at $877.48 per/sqft which puts the price per square foot 41.81% lower than the current median sale per square foot for the city of Newport Coast.

About 5 Terraza Dr

Detailed summary of property

5 Terraza Dr is a condominium that recently sold in Newport Coast, CA 92657. This condo offered 3 bedrooms, 2.5 bathrooms, roughly 2,735 living square feet, and sits on an approximately -- square foot lot. 5 Terraza Dr was first listed on ArdentRealEstateGroup.com on May 17, 2021. The homeowner sold the property for $2,235,000. Home in Newport Coast are selling for a median price of $5,495,000 and a median price per square foot of $1,508. Based on Ardent Real Estate Group's Newport Coast Market Data, this home is sold 56.33% lower than the current median priced home. Local homes that are currently for sale include 504 Playa, 504 Playa and 2695 Laguna Canyon Rd. This home does have a Homeowners Association and the monthly fee is $450 per month. While the average home in Newport Coast, CA is selling in 98 days, 5 Terraza Dr has a days on market of 46 days. There are currently 51 homes for sale in the Newport Coast real estate market and 43 of them are single family homes while 7 of them are condos and 1 are townhomes. For more information on this home for sale at 5 Terraza Dr Newport Coast, CA 92657 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Coast agents.

Public Facts for 5 Terraza Dr

Public county record property details
Beds
3
Baths
2
Year built
1995
Sq. Ft.
2,579
Lot Size
--
Stories
--
Type
Condominium Unit (Residential)
Pool
No
Spa
No
County
Orange
Lot#
12
APN
935-344-74

The source for these homes facts are from public records.

92657 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$11,000,000
Median List Price/Sq.Ft.
$1,993
Median Sold Price
$5,495,000
Median Sold Price/Sq.Ft.
$1,508
Total Inventory
51
Median Sale to List Price %
100%
Avg Days on Market
48
Loan Type
Conventional (11.11%), FHA (0%), VA (0%), Cash (66.67%), Other (22.22%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.