NOT LISTED FOR SALE

Estimated Value: $1,669,000 - $2,348,000

2 Beds
2 Baths
1,000 Sq Ft
1962 Built

Last Sold August 25, 2015

Last sale price $730,000 $730 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $10,865/month

28 Days on Market

Highlights

  • Marina
  • All Bedrooms Downstairs
  • Traditional Architecture
  • Newport Elementary School Rated A
  • Open Floorplan
  • 4-minute walk to Marina Park

About This Home

As of August 2015

Beautiful Condominium in the heart of the Newport Peninsula. One building from the Newport Bay with beach access and one block from the Pacific Ocean. Short walk to the Newport Pier and restaurants. Downstairs unit with 2 bedrooms and 1 3/4 baths. Recent remodel with Travertine flooring, Granite counters, Stainless steel appliances, with new doors and windows. Comes with a single car garage. Sliding door opens to private enclosed patio with Slate tiles and Palm Trees. Unit is currently rented through May 2016 so its a great opportunity for investors. Summer rates currently being received now are $2000 weekly and Winter rate is $2200 a month. Condo comes fully furnished and can currently sleep eight people comfortably with two queen beds, one double, and two bunk beds.

Last Agent to Sell the Property

Wendy Arnett

Coldwell Banker Realty License #01961156 Listed on: 08/02/2015

Last Buyer's Agent

Lisa Eppel

Big Block Realty, Inc License #01933545

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,303

Year Built

  • Built in 1962

Lot Details

  • Property fronts an alley
  • 1 Common Wall
  • Fenced
  • Fence is in average condition

Parking

  • 1 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door

Home Design

  • Traditional Architecture
  • Additions or Alterations
  • Cosmetic Repairs Needed
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,000 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Living Room
  • Stone Flooring

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 93985055

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Foothills

Recreation

  • Marina

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,303

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Inclusions: Furnishings
  • Other Phone Description: Jake Arnett
  • Other Phone Number: 949-533-9113
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Not Maintained, Paved
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: No
  • Architectural Style: Traditional
  • Property Condition: Additions/Alterations, Repairs Cosmetic
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93985055
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1000.00
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Full, Furnished, Granite Counters, Open Floorplan
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Stone
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar
  • Levels: One
  • Price Per Square Foot: 730.00
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Average Condition
  • Patio And Porch Features: Enclosed, Patio, Tile
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear, Garage - Single Door
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Dishwasher, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Foothills, Sidewalks, Street Lights, Storm Drains

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Waterfront Features: Marina in Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2020
Sold by
Stephens Gary and Stephens Maureen
Bought by
Stephens Gary and Stephens Maureen
Current Estimated Value
$1,910,520

Purchase Details

Listed on
Aug 2, 2015
Closed on
Aug 14, 2015
Sold by
Hass Eden G
Bought by
Hass Eden G and Eden G Hass Revocable Trust
Seller's Agent
Wendy Arnett
Coldwell Banker Realty
Buyer's Agent
Lisa Eppel
Big Block Realty, Inc
List Price
$749,000
Sold Price
$730,000
Premium/Discount to List
-$19,000
-2.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.46%
Original Mortgage
$547,500
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 2, 2015
Closed on
Jul 14, 2015
Sold by
Hass Eden G
Bought by
Stephens Gary and Stephens Maureen
Seller's Agent
Wendy Arnett
Coldwell Banker Realty
Buyer's Agent
Lisa Eppel
Big Block Realty, Inc
List Price
$749,000
Sold Price
$730,000
Premium/Discount to List
-$19,000
-2.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,500
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2010
Sold by
Hass Eden G and Hass Peter Mclaughlin
Bought by
Hass Peter Mclaughlin and Hass Eden G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2010
Sold by
Williams M
Bought by
Hass Eden G and Hass Peter Mclaughlin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2004
Sold by
Williams Michael K
Bought by
Williams M and The M W Trust

Purchase Details

Closed on
Nov 10, 2003
Sold by
Whiteman Madeline A and Williams Michael K
Bought by
Williams Michael K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2002
Sold by
Goodman Laura
Bought by
Williams Michael K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.13%

Purchase Details

Closed on
Oct 15, 2001
Sold by
Rathgaber Stephanie
Bought by
Hunt Gary D

Purchase Details

Closed on
Aug 21, 2000
Sold by
The Traveling Trunk
Bought by
Rathgaber Stephanie

Purchase Details

Closed on
Jul 29, 2000
Sold by
Rathgaber Stephanie
Bought by
The Traveling Trunk

Purchase Details

Closed on
Aug 12, 1996
Sold by
Saad Joseph M
Bought by
Fsla Bell
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Stephens Gary -- None Available
Hass Eden G -- Equity Title Orange
Stephens Gary $730,000 Equity Title Orange
Hass Peter Mclaughlin -- Accommodation
Hass Eden G $510,000 Lawyers Title
Williams M -- --
Williams Michael K -- First American Title Co
Williams Michael K $750,000 First American Title Co
Hunt Gary D $109,323 --
Rathgaber Stephanie -- --
The Traveling Trunk -- Orange Coast Title
Fsla Bell $333,460 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephens Gary Glen $225,400
Open Stephens Gary $547,000
Closed Stephens Gary $547,500
Previous Owner Hass Eden G $340,000
Previous Owner Hass Eden G $357,000
Previous Owner Williams Michael K $322,700
Previous Owner Williams Michael K $600,000
Previous Owner Rathgaber Stephanie $46,000
Closed Williams Michael K $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2015 08/25/15 Sold $730,000 -2.5% $730 / Sq Ft
07/10/2015 07/10/15 Pending -- -- --
06/12/2015 06/12/15 For Sale $749,000 -- $749 / 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 $9,303 $864,169 $723,959 $140,210
2024 $9,303 $847,225 $709,764 $137,461
2023 $9,083 $830,613 $695,847 $134,766
2022 $8,929 $814,327 $682,203 $132,124
2021 $8,760 $798,360 $668,826 $129,534
2020 $8,675 $790,174 $661,968 $128,206
2019 $8,500 $774,681 $648,988 $125,693
2018 $8,333 $759,492 $636,263 $123,229
2017 $8,187 $744,600 $623,787 $120,813
2016 $8,005 $730,000 $611,555 $118,445
2015 $6,077 $543,661 $425,313 $118,348
2014 $5,935 $533,012 $416,982 $116,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15132250

California Regional Multiple Listing Service (CRMLS)

APN: 939-850-55