NOT LISTED FOR SALE

1034 Bayside Cove Unit 501 Newport Beach, CA 92660

Bayside Neighborhood

Estimated Value: $1,563,000 - $2,384,000

2 Beds
2 Baths
1,515 Sq Ft
$1,309/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $1,500,000 $990 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $13,080/month

98 Days on Market

Highlights

  • Beach Access
  • Spa
  • Gated Community
  • Abraham Lincoln Elementary School Rated A
  • Ocean Side of Highway 1
  • Open Floorplan

About This Home

As of September 2023

It’s always been about location, and this is no different! Situated within the gated resort community of Bayside Cove, sits this little slice of heaven, just waiting for your touch! The community consists of 58 units; is adjacent to the Newport Beach Yacht Club, as well as the Villa Cove Marina . Offering a spacious living room with a gas fireplace and balcony, Dining Ell and a convenient kitchen with a breakfast bar. Upstairs you'll find the laundry area, as well as two spacious bedrooms; each with their own bathroom and balcony. This community has it all; a private sparkling pool, spa and your own private sandy beach, where you can catch the sunsets ! Walk around the corner over the bridge to Balboa Island with all its shops & fine restaurants! Walk across the street to the market, restaurants and other specialty shops. Only a short distance to Fashion Island & Rogers Gardens. Come and live the life!

Last Agent to Sell the Property

Calley OHenley

Berkshire Hathaway HomeService License #01251126 Listed on: 05/15/2023

Berkshire Hathaway HomeService

Last Buyer's Agent

Khanh Lu

HMS Home and Mortgage Services License #01899007

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $16,172

Year Built

  • Built in 1975

Lot Details

  • Property fronts a private road
  • End Unit
  • Two or More Common Walls
  • Cul-De-Sac

HOA Fees

  • $750 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Driveway
  • Automatic Gate
  • Guest Parking

Interior Spaces

  • 1,515 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Gas Fireplace
  • Shutters
  • Window Screens
  • Double Door Entry
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • L-Shaped Dining Room
  • Neighborhood Views

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Free-Standing Range
  • <<microwave>>
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Spa
  • Beach Access
  • Ocean Side of Highway 1
  • Balcony
  • Open Patio
  • Exterior Lighting

Utilities

  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 8073
  • Assessor Parcel Number 93432031
  • $364 per year additional tax assessments

Community Details

Overview

  • 58 Units
  • Bayside Cove Association, Phone Number (949) 346-5994
  • Keystone Pacific HOA
  • Bayside Cove Subdivision

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Card or Code Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$16,172

Year Built

Built in 1975

Lot Details

0

HOA Fees

$750 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Washer, Dryer, Refrigerator
  • Property Attached: Yes
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Bayside Cove (BCOV)
  • View: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 93432031
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1515.00 Square Feet
  • Interior Amenities: Balcony, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Tile Counters, Unfurnished
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls, End Unit
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Double Door Entry
  • Eating Area: Breakfast Counter / Bar, Dining Ell
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas, Gas Starter
  • Levels: Two
  • Price Per Square Foot: 990.10
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Master Bathroom, Master Bedroom
  • Spa Features: Association
  • Window Features: Screens, Shutters
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Separate Tub And Shower, Walk-In Shower
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Deck, Patio Open
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage Faces Front, Garage - Two Door, Garage Door Opener, Guest
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Free-Standing Range, Disposal, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, Upper Level, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Spa/Hot Tub, Water, Pet Rules
  • Association Fee: 750.00
  • Association Fee Frequency: Monthly
  • Association Name: Bayside Cove
  • Phone: 949-346-5994
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights
  • Association Management: Keystone Pacific

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Latitude Manual: 33.61027500

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 58
  • Number Of Units Total: 58
  • Waterfront Features: Beach Access, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 630.05
  • Tax Lot: 2
  • Tax Tract Number: 8073
  • TaxOtherAnnualAssessmentAmount: 364.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2023
Closed on
Aug 29, 2023
Sold by
Voorhees Family Trust and Patricia Lee Ohara Living Trust
Bought by
Baycove Llc
Seller's Agent
Calley OHenley
Berkshire Hathaway HomeService
Buyer's Agent
Khanh Lu
HMS Home and Mortgage Services
List Price
$1,795,000
Sold Price
$1,500,000
Premium/Discount to List
-$295,000
-16.43%
Views
119
Current Estimated Value
$1,982,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$482,646
Avg. Annual Appreciation
16.06%
Original Mortgage
$1,500,000
Outstanding Balance
$1,475,788
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$488,228

Purchase Details

Closed on
Jun 28, 2021
Sold by
Robert Ohara John
Bought by
J Ohara Trust

Purchase Details

Closed on
Oct 23, 2013
Sold by
Hara Patricia O
Bought by
Hara Patricia O and The Patricia Lee O Hara Living Trust

Purchase Details

Closed on
Oct 7, 2013
Sold by
Hara John O
Bought by
Hara John Robert O and J O Hara Trust

Purchase Details

Closed on
May 18, 2013
Sold by
Ohara Patricia and Voorhees Jeannine
Bought by
Ohara Patricia and Voorhees Jeannine E

Purchase Details

Closed on
May 14, 2013
Sold by
Voorhees Jeannine E
Bought by
Voorhees E W and Voorhees Jeannine E

Purchase Details

Closed on
Jul 25, 1994
Sold by
Ohara Jean M
Bought by
Ohara Jean M and Ohara Family Trust
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
Baycove Llc $1,500,000 California Title Company
J Ohara Trust -- --
Hara Patricia O -- None Available
Hara John Robert O -- None Available
Ohara Patricia -- None Available
Voorhees E W -- None Available
Ohara Jean M -- --
Ohara Jean M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baycove Llc $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2023 09/28/23 Sold $1,500,000 -11.5% $990 / Sq Ft
08/22/2023 08/22/23 Pending -- -- --
07/20/2023 07/20/23 Price Changed $1,695,000 -5.6% $1,119 / Sq Ft
05/15/2023 05/15/23 For Sale $1,795,000 -- $1,185 / 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 $16,172 $1,500,000 $1,271,934 $228,066
2023 $6,699 $603,207 $460,375 $142,832
2022 $6,584 $591,380 $451,348 $140,032
2021 $2,671 $219,684 $115,249 $104,435
2020 $2,645 $217,432 $114,067 $103,365
2019 $2,597 $213,169 $111,830 $101,339
2018 $2,548 $208,990 $109,638 $99,352
2017 $2,504 $204,893 $107,489 $97,404
2016 $2,452 $200,876 $105,381 $95,495
2015 $2,427 $197,859 $103,798 $94,061
2014 $2,371 $193,984 $101,765 $92,219
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23074152

California Regional Multiple Listing Service (CRMLS)

APN: 934-320-31