NOT LISTED FOR SALE

2506 University Dr Newport Beach, CA 92660

Bayview Neighborhood

Estimated Value: $1,757,094

3 Beds
2.5 Baths
1,925 Sq Ft
$913/Sq Ft Est. Value

Highlights

  • Private Pool
  • Back Bay Views
  • Wood Flooring
  • Mariners Elementary School Rated A
  • Deck
  • 2-minute walk to Upper Newport Bay Nature Preserve

About This Home

As of September 2016

BEAUTIFULL HOME ON THE BACK BAY-THE BEST LOCATION ON A CUL-DE-SAC ST. PANORAMIC VIEW OF THE BAY. EASY ACCESS TO FREEWAYS (405,73,55 & 5) CLOSE TO GLF, BEACH, BEAUTIFUL WALKING & BIKING TRAILS. MAINFLOOR BEDROOM. END UNIT PUD, ONLY ONE WALL ATTACHED. LARGE BEDROOMS. LOWEST PRICE FOR THE SIZE & LOCATION ON THE MARKET. GREAT CONDITION. NEW ROOF. NEW VINYL RAILING IN THE FRONT BAY VIEW DECK & BACK POOL VIEW BALCONY. NEW GRANITE COUNTER TOP, NEW SINK, BRANS NEW RANGE & MICROWAVE IN THE KITCHEN. MUST BE LEASED ASAP. SHOWES VERY NICE WITH NEW WOOD FLOORS, NEW GARAGE DOOR. HAS 2 DECKS & 2 PATIOES. DECK IS VERY LARGE WITH BAY VIEW. WATER & TRASH IS INCLUDED. you won't get a water bill nor trash bill. BREATH TAKING BAY VIEW. WALKING DISTANCE TO GYM (YMCA). YOU CAN OPEN YOUR PATIO DOOR & WALK TO THE POOL. THE BEST SCHOOLS. PRESTIGOUS NEIGHBORHOOD. MAIN FLOOR MASTER BEDROOM & MASTER BATHROOM.

Last Agent to Rent the Property

Ziba Ghazi-Askar

Together Realty License #00993184 Listed on: 08/29/2016

Last Renter's Agent

Ziba Ghazi-Askar

Together Realty License #00993184 Listed on: 08/29/2016

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,285

Year Built

  • Built in 1964

Lot Details

  • 2,612 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Composition Roof

Interior Spaces

  • 1,925 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Back Bay Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Outdoor Features

  • Private Pool
  • Deck
  • Patio
  • Rain Gutters
  • Wrap Around Porch

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $3,400
  • Rent includes trash collection, water
  • 12-Month Minimum Lease Term
  • Available 9/19/16
  • Tax Lot 4
  • Tax Tract Number 4444
  • Assessor Parcel Number 43930104

Community Details

Overview

  • Property has a Home Owners Association
  • 11 Units
  • Four Fours Association, Phone Number (714) 444-2602

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $300

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,285

Year Built

Built in 1964

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2016-09-19
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 300
  • Deposit Security: 3400
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Inclusions: WATER, TRASH
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential Lease
  • Parcel Number: 43930104
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1925.00
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Full Bathrooms: 2
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 1.77
  • Room Type: Living Room, Main Floor Bedroom

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: Back Bay
  • Patio And Porch Features: Deck, Enclosed, Patio, Wrap Around
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association Name: FOUR FOURS
  • Phone: 714-4442602
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2612.00
  • Price Per Lot Square Foot: 1.30

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Number Of Units In Community: 11
  • Number Of Units Total: 11
  • Rent Includes: Trash Collection, Water

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 4444

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2003
Sold by
Watson Richard F and Watson Karen J
Bought by
Ghaziaskari Ziba and Ziba Ghaziaskari Revocable Living Trust
Current Estimated Value
$1,757,094

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
Outstanding Balance
$135,851
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,621,243

Purchase Details

Closed on
Mar 5, 2001
Sold by
Watson Kenneth M
Bought by
Watson Richard F and Watson Karen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,197
Interest Rate
7.11%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 21, 1998
Sold by
Watson Kenneth M
Bought by
Watson Richard J and Watson Karen

Purchase Details

Closed on
Mar 20, 1998
Sold by
Linder Stacy Wilson
Bought by
Watson Kenneth M and Watson Richard F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.06%

Purchase Details

Closed on
May 29, 1996
Sold by
Linder Stacy Wilson
Bought by
Linder Stacy Wilson and Joan Wilson Hopkins Survivors Trust
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
Ghaziaskari Ziba $470,000 Landwood Title Company
Watson Richard F $208,000 --
Watson Richard J $134,500 --
Watson Kenneth M $230,000 Fidelity National Title Ins
Linder Stacy Wilson -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghaziaskari Ziba $322,700
Previous Owner Watson Richard F $113,197
Previous Owner Watson Kenneth M $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2016 09/19/16 Rented $3,400 0.0% --
08/25/2016 08/25/16 Off Market $3,400 -- --
08/22/2016 08/22/16 For Rent $3,400 -- --
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 $7,285 $668,232 $538,546 $129,686
2024 $7,285 $655,130 $527,986 $127,144
2023 $7,112 $642,285 $517,634 $124,651
2022 $6,990 $629,692 $507,485 $122,207
2021 $6,858 $617,346 $497,535 $119,811
2020 $6,792 $611,016 $492,433 $118,583
2019 $6,656 $599,036 $482,778 $116,258
2018 $6,526 $587,291 $473,312 $113,979
2017 $6,412 $575,776 $464,031 $111,745
2016 $6,270 $564,487 $454,933 $109,554
2015 $6,210 $556,008 $448,099 $107,909
2014 $5,844 $524,207 $424,726 $99,481
Source: Public Records

Agents Affiliated with this Home

  • Z

    Landlord's Agent in 2016

    Ziba Ghazi-Askar

    Together Realty

    (949) 559-8451

    4 Total Sales

    Ziba Ghazi-Askar
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16184917

California Regional Multiple Listing Service (CRMLS)

APN: 439-301-04

California Orange County Newport Beach 92660 Bayview

2506 University Dr, Newport Beach, CA

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