StatusAccepting Backup Offers (Active Under Contract)
About 2 Madison
Gorgeous, upgraded home on a large corner lot in the serene and beautiful Bonita Canyon in Newport Beach. Gourmet granite kitchen with glass mosaic backsplash, features stainless steel appliances, breakfast nook, lovely wood cabinetry and large, functional center island, opening up to the bright family room, featuring stone fireplace and built-ins. Four bedrooms, plus a downstairs fifth-bedroom/office with great built-ins. Travertine master bath with spa tub. New Lutron motorized shades and new Andersen Windows. Detached, spacious Casita over the 3-car garage, which features ample storage space. Lovely landscaped backyard oasis with stone patio, built-in barbecue, grassy areas and saline spa with waterfall. Very private location at the end of the street. 24-hour guard-gated community, with amenities such as community pool, tennis courts, children's playground and organized community events!
Property Details
Property Features
Property Information:
Year Built: 1999
Stories: 2
Living Area: 3,792 SqFt
Listing Office:
Office Name: Berkshire Hathaway HomeService
Office Phone: (949) 246-1117
Listing Agent: Geri K H Gaw Kurumada
Interior Features
Interior Information:
Appliances: Convection Oven, Double Oven, Dishwasher, Freezer, Disposal, Gas Oven, Gas Range
Flooring Type: Carpet, Tile, Wood
Interior: Built-in Features, Crown Molding, Granite Counters, High Ceilings, Pull Down Attic Stairs, Stone Counters, Recessed Lighting, Bedroom on Main Level
Fireplace: Family Room, Gas
Bedroom and Bathroom Information:
Full Bathrooms: 5
Total Bedroom Count: 5
Exterior Features
Exterior Information:
Private Pool: No
View: Neighborhood
Parking Information:
Garage Space: 3 spaces
Attached Garage: Yes
Lot Features
Lot Information:
Lot Size: 0.19 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
School Info
Assigned Schools Information:
Corona Del Mar High School, Public District Grades 7-12
Abraham Lincoln Elementary School, Public District Grades KG-6
Other
Directions Information:
Directions: Bonita Canyon Dr and Mesa View Dr.
Price Information
Listing Price Info
Price Summary:
List Price: $4,199,000
Price Per SqFt: $1,107/SqFt
HOA Fees:
Amount: $435
Frequency: Monthly
Tax Information:
Annual Amount: $18,260
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Newport Beach, CA.
This property is $842.8K more than the Median Sold Price and $258/SqFt less than other homes in Newport Beach, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #OC24081481
Listing Office:
Office Name: Berkshire Hathaway HomeService
Office Phone: (949) 246-1117
Listing Agent: Geri K H Gaw Kurumada
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/15/2024, 2:20:42 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Mar 12, 2001
Mar 12, 2001Home Sold
$970,500
Jun 28, 1999
Jun 28, 1999Home Sold
$788,500
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$18,260
$1,437,475
2020
$18,019
$1,422,736
2019
$18,713
$1,394,840
2018
$18,714
$1,367,491
2017
$17,380
$1,340,678
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$21.4K
Per Month
Principal & Interest
$20.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$435
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$12.6K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
8
/10
Abraham Lincoln Elementary School
3101 Pacific View Dr
Distance between this listing and this school1.41 miles
Public District Grades KG-6
High School
8
/10
Corona Del Mar High School
2101 Eastbluff Dr
Distance between this listing and this school1.24 miles
Public District Grades 7-12
Assigned Schools
8
/10
Abraham Lincoln Elementary School
3101 Pacific View Dr
Distance between this listing and this school1.41 miles
Public District Grades KG-6
Nearby Schools
8
/10
Roy O. Andersen Elementary School
1900 Port Seabourne Way
Distance between this listing and this school0.63 miles
Public District Grades KG-6
8
/10
Eastbluff Elementary School
2627 Vista Del Oro
Distance between this listing and this school1.54 miles
Public District Grades KG-6
Nearby Schools
9
/10
Vista Verde
6 Federation Way
Distance between this listing and this school1.66 miles
Public District Grades KG-8
8
/10
Horace Ensign Intermediate School
2000 Cliff Dr
Distance between this listing and this school3.55 miles
Public District Grades 7-8
8
/10
Rancho San Joaquin Middle School
4861 Michelson Dr
Distance between this listing and this school3.59 miles
Public District Grades 7-8
Assigned Schools
8
/10
Corona Del Mar High School
2101 Eastbluff Dr
Distance between this listing and this school1.24 miles
Public District Grades 7-12
Nearby Schools
9
/10
University High School
4771 Campus Dr
Distance between this listing and this school2.43 miles
Public District Grades 9-12
2
/10
Back Bay High School
390 Monte Vista Ave
Distance between this listing and this school2.56 miles
The neighbors living near this home have an average income of $140,094. Most Newport Beach, CA residents have annual incomes $200k+. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2 Madison
What is the listing price of this property?
The listing price of 2 Madison property is $4,199,000.
What type of property is this?
The property 2 Madison is a house located in Newport Beach, California, 92660.
Is this property for sale now?
Accepting Backup Offers: 2 Madison is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What are the assigned schools for this property?
The assigned schools for 2 Madison are: Abraham Lincoln Elementary School: GreatSchools Rating 8/10Corona Del Mar High School: GreatSchools Rating 8/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $18,260 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 12, 2001 for $970,500. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 2 Madison has 5 bedrooms and 5 bathrooms.
What is the square footage of this property?
The property 2 Madison is 3,792 SqFt (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 2 Madison in Newport Beach, CA and zip code 92660 in the Bonita Canyon neighborhood. This 3,792 square foot home, which was built in 1999, sits on a 0.19 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 01, 2024 and is currently priced at $4,199,000.
In April 2024 more than 14 listings in Newport Beach, CA were sold above the asking price. During the same period more than 17 listings were sold at asking price, while more than 57 were sold below. Between March 2024 and April 2024, Newport Beach, CA real estate market has seen increase in the number of listings by 11.2%. In April 2024, listings were on the market for 51 days. During the same period, the median list price in this real estate market was $3,356,190.
From Rocket Homes Real Estate and based on county public records data.