NOT LISTED FOR SALE

16 Canyon Island Dr Unit 16 Newport Beach, CA 92660

Big Canyon Neighborhood

Estimated Value: $1,334,306 - $1,528,000

2 Beds
2 Baths
1,500 Sq Ft
1976 Built

Last Sold May 25, 2016

Last sale price $700,000 $467 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $8,439/month

Highlights

  • Spa
  • Primary Bedroom Suite
  • Gated Community
  • Abraham Lincoln Elementary School Rated A
  • Automatic Gate
  • View of Trees or Woods

About This Home

As of November 2023

This Stunning 2-story, 2 bedroom 2bath, offers a Prime location in the heart of Newport Beach Featuring an open floor plan with vaulted ceilings and recess lighting. The upstairs master suite is spacious and includes a retreat that can be used for an office, reading area, or exercise spot With a Private Balcony with new carpet. Beautiful Courtyard entrance and Patio of the living room is great for outdoor Entertainment and Relaxing. The sunny kitchen has white cabinets, solid surface counters, and a wine refrigerator! Hardwood flooring throughout Downstairs and a Main Floor Bedroom! Two parking spaces with storage cabinets in a gated subterranean garage. Rent includes a community pool, spa, tennis court, Water, and Trash For Free! Enjoy this serene retreat, just minutes from the beach, restaurants, and world-class shopping

Last Agent to Rent the Property

Amir Hoss

Berkshire Hathaway HomeService License #01961651 Listed on: 09/12/2023

Berkshire Hathaway HomeService

Last Renter's Agent

Amir Hoss

Berkshire Hathaway HomeService License #01961651 Listed on: 09/12/2023

Berkshire Hathaway HomeService

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,937

Year Built

  • Built in 1976

Lot Details

  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Side by Side Parking
  • Automatic Gate
  • Community Parking Structure

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Drapes & Rods
  • Blinds
  • Window Screens
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Views of Woods
  • Unfinished Basement

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Spa
  • Patio
  • Exterior Lighting

Utilities

  • Central Heating
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $3,990
  • Rent includes association dues, sewer, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 7/24/22
  • Tax Lot 1
  • Tax Tract Number 8445
  • Assessor Parcel Number 93431016

Community Details

Overview

  • Property has a Home Owners Association
  • 61 Units
  • Big Canyon Mclain Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Size Limit
  • Call for details about the types of pets allowed
  • Pet Deposit $500

Security

  • Gated Community
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$8,937

Year Built

Built in 1976

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2022-07-24
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Pets: 500
  • Deposit Security: 3990
  • Furnished: Unfurnished
  • Pets Allowed: Call, Size Limit
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Washer, Dryer and Refrigerator
  • Property Attached: Yes
  • Security: Automatic Gate, Fire Sprinkler System, Gated Community
  • Subdivision Name Other: Big Canyon McLain (BCMC)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93431016
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1500.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s), High Ceilings, Open Floorplan, Recessed Lighting, Storage
  • Stories: 2
  • Entry Location: front
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2.66
  • Room Type: Main Floor Bedroom, Primary Bathroom, Primary Suite
  • Spa Features: Association
  • Window Features: Blinds, Drapes, Screens
  • Bathroom Features: Bathtub, Shower, Double Sinks In Primary Bath, Tile Counters
  • Room Kitchen Features: Quartz Counters
  • Basement: Unfinished

Exterior Features

  • Patio: Yes
  • View: Trees/Woods
  • Patio And Porch Features: Patio
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Gated, Side by Side, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Microwave, Refrigerator
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Dryer Included, In Closet, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s)
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre

Multi Family

  • First Repairs: 75
  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Number Of Units In Community: 61
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Sewer, Trash Collection, Water

Tax Info

  • Tax Census Tract: 630.07
  • Tax Lot: 1
  • Tax Tract Number: 8445

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2016
Closed on
May 2, 2016
Sold by
Phillips Mark David and Phillips Loretta Chee
Bought by
Cole Michael George and Cole Sheryl
Seller's Agent
Jill Murty
Pellego, Inc.
Buyer's Agent
Tina Hare
eXp Realty of Greater Los Angeles Inc.
List Price
$700,000
Sold Price
$700,000
Current Estimated Value
$1,423,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$723,077
Avg. Annual Appreciation
7.40%

Purchase Details

Closed on
Mar 16, 2009
Sold by
Phillips Mark D and Phillips Loretta C
Bought by
Phillips Mark David and Phillips Loretta Chee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,500
Interest Rate
5.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2002
Sold by
Phillips Loretta Chee and Phillips Mark David
Bought by
Phillips Mark David and Phillips Loretta Chee

Purchase Details

Closed on
May 31, 2000
Sold by
Lin Chee Loretta Chin and Chee Loretta
Bought by
Phillips Mark David and Phillips Loretta Chee

Purchase Details

Closed on
Nov 23, 1993
Sold by
Chee Lionel and Chee Nancy
Bought by
Chee Loretta Chin Lin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
3.87%
Source: Public Records

Range of Values:

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Average Value
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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
Cole Michael George $700,000 Chicago Title Company
Phillips Mark David -- Chicago Title Company
Phillips Mark D -- Chicago Title Company
Phillips Mark David -- --
Phillips Mark David -- --
Chee Loretta Chin Lin -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phillips Mark David $294,500
Previous Owner Phillips Mark David $85,000
Previous Owner Phillips Mark David $300,000
Previous Owner Phillips Mark D $120,000
Previous Owner Phillips Mark D $120,000
Previous Owner Phillips Mark D $274,500
Previous Owner Phillips Mark David $100,000
Previous Owner Phillips Mark David $178,000
Previous Owner Phillips Mark David $100,000
Previous Owner Chee Loretta Chin Lin $186,000
Previous Owner Chee Loretta Chin Lin $186,000
Previous Owner Chee Loretta Chin Lin $191,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2023 11/04/23 Rented $3,990 0.0% --
09/12/2023 09/12/23 For Rent $3,990 0.0% --
08/10/2022 08/10/22 Rented $3,990 0.0% --
08/08/2022 08/08/22 Under Contract -- -- --
07/21/2022 07/21/22 For Rent $3,990 +20.9% --
06/24/2020 06/24/20 Rented $3,300 0.0% --
06/19/2020 06/19/20 Under Contract -- -- --
05/29/2020 05/29/20 For Rent $3,300 +3.1% --
05/13/2018 05/13/18 Rented $3,200 -1.5% --
05/12/2018 05/12/18 Under Contract -- -- --
04/19/2018 04/19/18 For Rent $3,250 0.0% --
05/25/2016 05/25/16 Sold $700,000 0.0% $467 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
04/02/2016 04/02/16 For Sale $700,000 -- $467 / 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 $8,937 $828,655 $684,839 $143,816
2024 $8,937 $812,407 $671,410 $140,997
2023 $8,725 $796,478 $658,245 $138,233
2022 $8,577 $780,861 $645,338 $135,523
2021 $8,414 $765,550 $632,684 $132,866
2020 $8,333 $757,701 $626,197 $131,504
2019 $8,166 $742,845 $613,919 $128,926
2018 $8,005 $728,280 $601,881 $126,399
2017 $7,865 $714,000 $590,079 $123,921
2016 $4,749 $419,731 $265,870 $153,861
2015 $4,702 $413,427 $261,877 $151,550
2014 $4,519 $405,329 $256,747 $148,582
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23170847

California Regional Multiple Listing Service (CRMLS)

APN: 934-310-16