NOT LISTED FOR SALE

Estimated Value: $2,773,000 - $3,350,228

2 Beds
2.5 Baths
1,971 Sq Ft
$125/mo HOA Fee

Last Sold January 20, 2020

Last sale price $1,600,000 $812 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $18,804/month

166 Days on Market

Highlights

  • Property has ocean access
  • Property Fronts a Bay or Harbor
  • Two Primary Bedrooms
  • Newport Elementary School Rated A
  • In Ground Spa
  • Ocean Side of Highway 1

About This Home

As of January 2020

Reduced again!! Priced for a quick sale & Seller Financing Available! Rare bay front location a few houses from Marina Park & 2 streets walking distance to the ocean front.Beautiful 2-bedroom 3-bath spacious condo offering a private front patio directly facing the bay and second interior private patio.Two master suites both with en-suite bathrooms, dual sinks with bright white tile counters. Mirrored closet doors, built in closet systems, large walk in closet in one of the masters, bath with a separate soaking tub and walk in shower with lovely stained-glass windows. Ample storage closets throughout, laundry closet off the hall also with storage, brand new soft cushy carpet, paint, new tile flooring, upgraded electrical, built in cabinet with "English" style glass doors. Fireplace is open to the den and the living room is encased with stunning oak wood and tile, built in bookshelves and spot lighting. Kitchen opens to the dining area, den and living room offers rich granite counter tops, beautiful real oak wood cabinets, pantry & a bright bay window that looks out to the back-patio built in spa. Stunning new tile flooring throughout downstairs and up, larger guest bathroom with bright tile sinks, new paint, lighting and charming stained-glass around the front door. Hard to find large two car tandem garage. Owner has a quote to enclose the den for additional private room. Close to award winning Newport schools, ocean, park, restaurants, shopping, Main St., Ferry & Frwy

Last Agent to Sell the Property

Sherry Miller

Berkshire Hathaway HomeService License #01189345 Listed on: 07/11/2019

Berkshire Hathaway HomeService

Last Buyer's Agent

John Morally

John Paul Morally License #01953091

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,439

Year Built

  • Built in 1981 | Remodeled

Lot Details

  • Property Fronts a Bay or Harbor
  • Property fronts an alley
  • End Unit
  • Two or More Common Walls
  • Wrought Iron Fence
  • Vinyl Fence
  • Front Yard Sprinklers

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Parking Available
  • Rear-Facing Garage
  • Tandem Garage
  • Single Garage Door
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Turnkey
  • Fire Rated Drywall
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,971 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Track Lighting
  • See Through Fireplace
  • Gas Fireplace
  • Awning
  • Plantation Shutters
  • Custom Window Coverings
  • Stained Glass
  • Bay Window
  • Garden Windows
  • Window Screens
  • Sliding Doors
  • Entryway
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Den with Fireplace
  • Storage
  • Bay Views
  • Intercom

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Tile Countertops
  • Built-In Trash or Recycling Cabinet
  • Trash Compactor

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Double Master Bedroom
  • Mirrored Closets Doors
  • Remodeled Bathroom
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Separate Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer Hookup

Accessible Home Design

  • Doors swing in
  • More Than Two Accessible Exits
  • Entry Slope Less Than 1 Foot

Outdoor Features

  • In Ground Spa
  • Property has ocean access
  • Beach Access
  • Waterfront with Home Across Road
  • Ocean Side of Highway 1
  • Open Patio
  • Rain Gutters
  • Front Porch

Location

  • Suburban Location

Schools

  • Newport Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 7001
  • Assessor Parcel Number 93985001

Community Details

Overview

  • Master Insurance
  • 4 Units
  • Maintained Community

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,439

Year Built

Built in 1981 | Remodeled

Lot Details

0

HOA Fees

$125 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93985001
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1971.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Crown Molding, Granite Counters, High Ceilings, Intercom, Open Floorplan, Pantry, Stone Counters, Storage, Tile Counters, Track Lighting
  • Stories: 2
  • Common Walls: 2+ Common Walls, End Unit
  • Flooring: Carpet, Tile
  • Accessibility Features: 2+ Access Exits, Doors - Swing In, Entry Slope Less Than 1 Foot
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar, Family Kitchen, Dining Room, Separated
  • Fireplace Features: Den, Family Room, Living Room, Gas, See Through
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 811.77
  • Room Type: All Bedrooms Up, Den, Entry, Great Room, Kitchen, Laundry, Living Room, Two Masters
  • Spa Features: Private, In Ground
  • Window Features: Bay Window(s), Custom Covering, Garden Window(s), Plantation Shutters, Screens, Shutters, Stained Glass
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath, Exhaust Fan(s), Remodeled, Separate Tub And Shower, Tile Counters, Upgraded, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Granite Counters, Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Exterior Features: Awning(s), Rain Gutters
  • View: Bay, Water
  • Fence: Yes
  • Fencing: Vinyl, Wrought Iron
  • Patio And Porch Features: Concrete, Patio, Patio Open, Front Porch, Slab
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Drywall Walls, Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear, Garage - Single Door, Garage Door Opener, Off Street, Oversized, Private, Tandem Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Gas Oven, Gas Range, Microwave, Refrigerator, Trash Compactor
  • Heating Type: Forced Air, Fireplace(s)
  • Laundry Features: In Closet, Inside, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Maintenance Grounds
  • Association Fee: 125.00
  • Association Fee Frequency: Monthly
  • Association Name: Unkn
  • Phone: Unkn
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters, Sidewalks, Suburban
  • Association Management: Unkn

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport
  • Middle School: Ensign
  • High School: Newport Harbor
  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers In Front, Walkstreet

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 4
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Beach Access, Ocean Access, Ocean Side Of Highway 1, Waterfront With Home Across Road

Tax Info

  • Tax Census Tract: 628.00
  • Tax Lot: 1
  • Tax Tract Number: 07001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2019
Closed on
Dec 27, 2019
Sold by
Ansani A C and The Hamilton Trust
Bought by
Morally Investments And Consulting Inc
Seller's Agent
Sherry Miller
Berkshire Hathaway HomeService
Buyer's Agent
John Morally
John Paul Morally
List Price
$1,999,999
Sold Price
$1,600,000
Premium/Discount to List
-$399,999
-20%
Current Estimated Value
$3,146,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,546,076
Avg. Annual Appreciation
13.01%

Purchase Details

Closed on
Jun 19, 2017
Sold by
Milton Willism D
Bought by
The Hamilton Trust

Purchase Details

Closed on
Jan 3, 1998
Sold by
Leroy Green and Leroy Mary J
Bought by
Hamilton William D and Hamilton Sandine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
6.98%
Source: Public Records

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
Morally Investments And Consulting Inc $1,600,000 California Title Company
The Hamilton Trust -- None Available
Hamilton William D $480,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morally Investments And Consulting Inc $2,200,000
Previous Owner Hamilton William D $300,000
Previous Owner Hamilton William D $275,000
Previous Owner Hamilton William D $384,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2020 01/20/20 Sold $1,600,000 +0.3% $812 / Sq Ft
12/24/2019 12/24/19 Pending -- -- --
12/18/2019 12/18/19 Price Changed $1,595,000 -3.3% $809 / Sq Ft
11/21/2019 11/21/19 Price Changed $1,649,900 -2.9% $837 / Sq Ft
10/21/2019 10/21/19 Price Changed $1,700,000 -10.5% $863 / Sq Ft
08/18/2019 08/18/19 Price Changed $1,899,000 -5.0% $963 / Sq Ft
07/11/2019 07/11/19 For Sale $1,999,999 -- $1,015 / 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 $18,439 $1,749,832 $1,318,670 $431,162
2024 $18,439 $1,715,522 $1,292,814 $422,708
2023 $18,007 $1,681,885 $1,267,465 $414,420
2022 $17,707 $1,648,907 $1,242,612 $406,295
2021 $17,368 $1,616,576 $1,218,247 $398,329
2020 $7,734 $700,815 $311,668 $389,147
2019 $7,579 $1,402,500 $998,484 $404,016
2018 $7,430 $673,602 $299,565 $374,037
2017 $7,300 $660,395 $293,692 $366,703
2016 $7,139 $647,447 $287,934 $359,513
2015 $7,070 $637,722 $283,609 $354,113
2014 $6,905 $625,230 $278,053 $347,177
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19165313

California Regional Multiple Listing Service (CRMLS)

APN: 939-850-01