new - 3 days on rocket

2 Teramo Ct, Newport Coast, CA, 92657

$1,525,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,326 SqFt
$1,150/SqFt
Condo
Schools Nearby

Location

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2 Teramo Ct, Newport Beach$1,525,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGarage
Attached Garage2 spaces
Year Built1995
HeatingCentral, Forced Air
CoolingCentral Air
FireplaceLiving Room
ViewNeighborhood, Trees/Woods
MLS #OC24078152
StatusActive

About 2 Teramo Ct

Perhaps the finest opportunity available in Newport Coast’s coveted enclave of Trovare, this well-appointed home is sure to impress. Enjoy the premier location within the community as it is a corner unit and is just a short walk to the incredible HOA amenities. A major value is the direct access to two car garage which is outfitted with new storage cabinets and overhead storage rack. Inside you'll find two generously sized bedrooms, two bathrooms, and sprawling living spaces bedecked with tasteful finishes. Soaring vaulted ceilings lend a sense of volume and grandeur that is truly unmatched at this price point. The primary suite is sure to impress with a walk-in closet, additional closet, and en-suite bathroom. The floor plan is highly efficient and the open concept living area makes entertaining a true joy. The beautifully appointed kitchen features a white subway tile backsplash and updated quartz countertops island and large dining area. You will love the spacious deck which brings the best of California living and the ability to host while dining al fresco. The neighborhood amenities include a pool, spa, showers, and plentiful greenbelts, as well as access to the Newport Coast amenities with a resort-style salt water pool, tennis courts, sports courts, clubhouse, and park. This is a rare opportunity not to be missed.

Property Details

Property Features

Property Information:

  • Architectural Style: Mediterranean
  • Year Built: 1995
  • Stories: 2
  • Living Area: 1,326 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (949) 385-1132
  • Listing Agent: Jeremy Schultheiss

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range, Microwave, Refrigerator
  • Flooring Type: Carpet, Tile
  • Interior: Balcony, Ceiling Fan(s), High Ceilings, Living Room Deck Attached, Open Floorplan, All Bedrooms Up, Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood, Trees/Woods

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Corona Del Mar High School, Public District Grades 7-12
  • Newport Coast Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: From Newport Coast Dr turn onto Vista Ridge

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,525,000
  • Price Per SqFt: $1,150/SqFt

HOA Fees:

  • Amount: $648
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $9,568
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Newport Beach, CA.

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Newport Beach, CA

City

Med. Sold Price

$3.2M

Med. Price/SqFt

$1,343

Avg. Days On Market

43

# of Sold Homes

86

2 Teramo Ct vs Newport Beach

3 DAYS ON ROCKET

-40 Days

$1,525,000

-$1.7M Less

$1,150/SqFt

-$194 Less

KEY TAKEAWAY

This property is $1.7M less than the Median Sold Price and $194/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: #OC24078152

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (949) 385-1132
  • Listing Agent: Jeremy Schultheiss

IDX 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: 4/28/2024, 4:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 02, 2020Home Sold
$866,500
Dec 06, 2013Home Sold
$625,000
Aug 30, 1995Home Sold
$224,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,568$866,500
2020$7,928$700,558
2019$7,681$686,822
2018$7,681$673,355
2017$7,799$660,152

History based on county public records data.

Payment Calculator

$8,327

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,639

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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

school-card-donut-1886837
8
/10

  • Newport Coast Elementary School

  • 6655 Ridge Park Rd

  • 0.12 miles

  • Public District Grades KG-6

High School

school-card-donut-1886838
9
/10

  • Corona Del Mar High School

  • 2101 Eastbluff Dr

  • 3.61 miles

  • Public District Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $179,795. The majority of Newport Beach, CA residents have income $200k+ annually. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2 Teramo Ct

What is the listing price of this property?

The listing price of 2 Teramo Ct property is $1,525,000.

What type of property is this?

The property 2 Teramo Ct is a condo located in Newport Coast, California, 92657.

Is this property for sale now?

Active Listing: 2 Teramo Ct is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2 Teramo Ct are:
Newport Coast Elementary School: GreatSchools Rating 8/10
Corona Del Mar High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $9,568 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 2, 2020 for $866,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2 Teramo Ct has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2 Teramo Ct is 1,326 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2 Teramo Ct is 1995.

Rocket Homes›California›Orange County›Newport Beach›92657›2 Teramo Ct

This home is located at 2 Teramo Ct in Newport Coast, CA and zip code 92657 in the Trovare neighborhood. This 1,326 square foot home was built in 1995. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $1,525,000.

While more than 23 listings in Newport Beach, CA in March 2024 were sold above asking price, there were more than 13 listings sold at asking price, and more than 50 were sold below. The number of homes for sale in Newport Beach, CA increased by 8.8% between February 2024 and March 2024. In March 2024, listings were on the market for 43 days. During the same period, the median list price in this real estate market was $3,228,690.

From Rocket Homes Real Estate and based on county public records data.

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