NOT LISTED FOR SALE

1021 Bayside Cove Unit 309 Newport Beach, CA 92660

Bayside Neighborhood

Estimated Value: $2,963,080 - $3,077,000

2 Beds
2 Baths
1,763 Sq Ft
$695/mo HOA Fee

Last Sold September 02, 2022

Last sale price $2,900,000 $1,645 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $17,750/month

4 Days on Market

Highlights

  • Beach Front
  • Spa
  • Gated Community
  • Abraham Lincoln Elementary School Rated A
  • Bay View
  • Den

About This Home

As of September 2022

Single-level Bay front condo with attached garage and stunning view in Bayside Cove. Easy access to beach, pool, spa and Villa Cove Marina. Bayside Cove is an exclusive 5.2 acre waterfront community located in the Balboa Island area of Newport Beach. Also referred to as "The Cove" it is a gated community of 58 condominiums each with it's own two car garage. Located adjacent to the Newport Beach Yacht Club, Villa Cove Marina and directly across from Balboa Island and Bayside Shopping Center with restaurants, market, bank and shops. Resort like amenities include swimming pool, spa and private white sandy beach.

Last Agent to Sell the Property

Dick Dickson

Berkshire Hathaway HomeService License #01124947 Listed on: 07/20/2022

Berkshire Hathaway HomeService

Last Buyer's Agent

Alison Mccormick

Arbor Real Estate License #00607959

Arbor Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,623

Year Built

  • Built in 1975

Lot Details

  • Beach Front
  • Property Fronts a Bay or Harbor
  • 1 Common Wall

HOA Fees

  • $695 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Interior Spaces

  • 1,763 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Den
  • Bay Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • Spa

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 8073
  • Assessor Parcel Number 93432019
  • $360 per year additional tax assessments

Community Details

Overview

  • 58 Units
  • Bayside Cove Association, Phone Number (949) 430-5806
  • Keystone Pacific HOA
  • Built by Irvine Pacific
  • Bayside Cove Subdivision, Sea Diamond Floorplan

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,623

Year Built

Built in 1975

Lot Details

0

HOA Fees

$695 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Other Phone Description: 9496371429
  • Other Phone Number: 9496371429
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Bayside Cove (BCOV)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93432019
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1763.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1644.92
  • Room Type: All Bedrooms Down, Den, Main Floor Master Bedroom
  • Spa Features: Association

Exterior Features

  • View: Bay
  • Builder Name: Irvine Pacific
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Trash, Water, Pet Rules, Pets Permitted
  • Association Fee: 695.00
  • Association Fee Frequency: Monthly
  • Association Name: Bayside Cove
  • Phone: 949 430-5806
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Storm Drains
  • Association Management: Keystone Pacific

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 58
  • Number Of Units Total: 58
  • Waterfront Features: Bay Front, Beach Front

Tax Info

  • Tax Census Tract: 630.05
  • Tax Lot: 2
  • Tax Tract Number: 8073
  • TaxOtherAnnualAssessmentAmount: 360.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2022
Closed on
Jul 27, 2022
Sold by
Alan J Tobey Living Trust
Bought by
Mark Ramsey And Doreen Ramsey Revocable Trust
Seller's Agent
Dick Dickson
Berkshire Hathaway HomeService
Buyer's Agent
Alison Mccormick
Arbor Real Estate
List Price
$2,995,000
Sold Price
$2,900,000
Premium/Discount to List
-$95,000
-3.17%
Total Days on Market
4
Views
4
Current Estimated Value
$3,031,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,027
Avg. Annual Appreciation
1.62%
Original Mortgage
$1,335,000
Outstanding Balance
$1,265,769
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,765,258

Purchase Details

Closed on
Sep 10, 2021
Sold by
Tobey Alan J
Bought by
Tobey Alan J and The Alan J Tobey Living Trust

Purchase Details

Closed on
Jul 9, 2021
Sold by
Tobey Donna M and Tobey Alan J
Bought by
Tobey Alan J

Purchase Details

Closed on
May 6, 1994
Sold by
Tobey Don D and Tobey Beverly J
Bought by
Tobey Don D and Tobey Beverly J
Source: Public Records

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Range of Values:

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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
Mark Ramsey And Doreen Ramsey Revocable Trust $2,900,000 --
Tobey Alan J -- --
Tobey Alan J -- None Available
Tobey Alan J -- None Available
Tobey Don D -- None Available
Tobey Don D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mark Ramsey And Doreen Ramsey Revocable Trust $1,335,000
Previous Owner Tobey Don D $265,000
Previous Owner Tobey Don D $275,000
Previous Owner Tobey Don D $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2022 09/02/22 Sold $2,900,000 -3.2% $1,645 / Sq Ft
07/24/2022 07/24/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $2,995,000 -- $1,699 / 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
2024 $11,623 $1,067,652 $979,683 $87,969
2023 $11,348 $1,046,718 $960,473 $86,245
2022 $4,664 $415,859 $307,023 $108,836
2021 $4,576 $407,705 $301,003 $106,702
2020 $4,531 $403,525 $297,917 $105,608
2019 $4,441 $395,613 $292,075 $103,538
2018 $4,354 $387,856 $286,348 $101,508
2017 $4,277 $380,251 $280,733 $99,518
2016 $4,183 $372,796 $275,229 $97,567
2015 $4,140 $367,197 $271,095 $96,102
2014 $4,043 $360,005 $265,785 $94,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22145916

California Regional Multiple Listing Service (CRMLS)

APN: 934-320-19