NOT LISTED FOR SALE

Estimated Value: $1,542,000 - $1,979,000

2 Beds
2 Baths
1,217 Sq Ft
$1,409/Sq Ft Est. Value

Last Sold May 21, 2024

Last sale price $1,390,000 $1,142 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $10,351/month

5 Days on Market

Highlights

  • Spa
  • Bay View
  • Skylights
  • Eastbluff Elementary School Rated A
  • Community Pool
  • 2 Car Attached Garage

About This Home

As of May 2024

Welcome to 10 Cormorant Circle, a stunning residence nestled in the prestigious Bayview Terrace Community of Newport Beach. This meticulously crafted home boasts 2 bedrooms and 2 bathrooms, spread across 1217 sqft of living space. Light and bright with its many skylights and windows letting in plenty of natural light. Enjoy the California lifestyle in the huge private backyard oasis complete with gas fire pit and lush gardening. Located just minutes away from gorgeous hiking and biking trails along the Newport Back Bay and the best of Orange County's beaches, dining and shopping. This is coastal living at its finest.

Last Agent to Sell the Property

Serena Chiang

Presidential Incorporated Brokerage Phone: 949-637-1610 License #01226772 Listed on: 04/25/2024

Last Buyer's Agent

Sean Noonan

Pacific Sotheby's Int'l Realty License #01499906

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,557

Year Built

  • Built in 1986

Lot Details

  • 3,500 Sq Ft Lot
  • Zero Lot Line

HOA Fees

  • $295 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor
  • Planned Development
  • Spanish Tile Roof

Interior Spaces

  • 1,217 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Living Room with Fireplace
  • Bay Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Spa
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 12529
  • Assessor Parcel Number 44228428
  • $344 per year additional tax assessments

Community Details

Overview

  • Bayview Terrace Association, Phone Number (714) 508-9070
  • Optimum HOA
  • Bayview Terrace Subdivision

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,557

Year Built

Built in 1986

Lot Details

0

HOA Fees

$295 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Bayview Terrace (BVTR)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 44228428
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1217.00 Square Feet
  • Stories: 1
  • Entry Location: one
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1142.15
  • Room Type: All Bedrooms Down, Kitchen
  • Spa Features: Association
  • Window Features: Skylight(s)

Exterior Features

  • View: Bay
  • Pool Features: Association
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 295.00
  • Association Fee Frequency: Monthly
  • Association Name: Bayview Terrace
  • Phone: 714-508-9070
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Gutters, Street Lights
  • Association Management: Optimum

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Zero Lot Line
  • Lot Size Sq Ft: 3500.00
  • Lot Size Acres: 0.0803

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3500.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 630.09
  • Tax Lot: 5
  • Tax Tract Number: 12529
  • TaxOtherAnnualAssessmentAmount: 344.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
May 15, 2024
Sold by
Ko Allan
Bought by
Takasaki Ikue and Takasaki Laura
Seller's Agent
Serena Chiang
Presidential Incorporated
Buyer's Agent
Sean Noonan
Pacific Sotheby's Int'l Realty
List Price
$1,390,000
Sold Price
$1,390,000
Views
19
Current Estimated Value
$1,715,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,086
Avg. Annual Appreciation
16.71%

Purchase Details

Closed on
Mar 11, 2004
Sold by
Ko Nancy
Bought by
Ko Allan

Purchase Details

Closed on
Mar 5, 2004
Sold by
Wells Brandy O
Bought by
Ko Allan

Purchase Details

Closed on
Mar 18, 1994
Sold by
Riley David and Riley Yvonne A
Bought by
Wells Brandy O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,800
Interest Rate
4.12%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Takasaki Ikue $1,390,000 Fidelity National Title
Ko Allan -- United Title Company
Ko Allan $755,000 United Title Company
Wells Brandy O $357,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wells Brandy O $325,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2024 05/21/24 Sold $1,390,000 0.0% $1,142 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $1,390,000 -- $1,142 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,557 $1,018,355 $515,668 $502,687
2024 $11,557 $1,080,278 $863,724 $216,554
2023 $11,373 $1,059,097 $846,789 $212,308
2022 $11,183 $1,038,331 $830,185 $208,146
2021 $10,886 $1,017,972 $813,907 $204,065
2020 $9,349 $874,140 $705,971 $168,169
2019 $9,151 $857,000 $692,128 $164,872
2018 $8,683 $814,000 $649,128 $164,872
2017 $8,698 $814,000 $649,128 $164,872
2016 $8,672 $814,000 $649,128 $164,872
2015 $8,721 $814,000 $649,128 $164,872
2014 $8,685 $814,000 $649,128 $164,872
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24083150

California Regional Multiple Listing Service (CRMLS)

APN: 442-284-28