NOT LISTED FOR SALE

2514 University Dr Newport Beach, CA 92660

Bayview Neighborhood

Estimated Value: $900,000 - $2,006,000

2 Beds
2 Baths
1,287 Sq Ft
$977/Sq Ft Est. Value

Last Sold November 19, 2020

Last sale price $582,000 $452 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $7,671/month

4 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • End Unit
  • Mariners Elementary School Rated A
  • Across the Road from Lake or Ocean
  • 4-minute walk to Upper Newport Bay Nature Preserve

About This Home

As of November 2020

A RARE OPPORTUNITY to own this SINGLE LEVEL, SINGLE FAMILY HOME (attached) on one side, right across the street from Upper Newport Bay Nature Preserve, Back Bay, with beautiful walking trails. Only 33 homes, with 2 community pools, mature landscaping and large greenbelt. This home is priced to add your own current updates and finishes. Whether you're an investor, or someone who wants to call this home, this floorpan and location offers huge potential! All single floor living, with detached 2 car garage adjacent to the house. Also, parking on the street in front of the house for guests, and easy access for convenience. Master suite includes ensuite bathroom, 3 separate closets, and separate dressing vanity. Plenty of storage, coat closet, inside laundry and large open great room with built in fireplace with adjoining enclosed large brick patio are just some of the features of this house! This home also has easy freeway access, close to John Wayne airport and world class shopping, beaches, golf and attractions. Come live the finest that Southern California and Orange County has to offer!

Last Agent to Sell the Property

Kim Brewer

Coldwell Banker Realty License #01784494 Listed on: 10/04/2020

Coldwell Banker Realty

Last Buyer's Agent

Kim Brewer

Coldwell Banker Realty License #01784494 Listed on: 10/04/2020

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,890

Year Built

  • Built in 1963

Lot Details

  • 1,612 Sq Ft Lot
  • 1 Common Wall
  • Vinyl Fence
  • Corner Lot
  • Front Yard
  • Density is up to 1 Unit/Acre

HOA Fees

  • $518 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Two Garage Doors
  • On-Street Parking

Home Design

  • Fixer Upper
  • Asphalt Roof

Interior Spaces

  • 1,287 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Wood Burning Fireplace
  • Raised Hearth
  • Sliding Doors
  • Family Room with Fireplace
  • Great Room
  • Dining Room
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Makeup or Vanity Space
  • Bathtub
  • Walk-in Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Accessible Home Design

  • More Than Two Accessible Exits
  • Accessible Parking

Outdoor Features

  • Spa
  • Enclosed Patio or Porch
  • Exterior Lighting

Location

  • Across the Road from Lake or Ocean
  • Property is near a park

Schools

  • Newport Harbor High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 28
  • Tax Tract Number 4444
  • Assessor Parcel Number 43930128

Community Details

Overview

  • Four Fours Association, Phone Number (714) 444-2602
  • Tritz Professional Management Service HOA
  • Vista Bahia Subdivision
  • Property is near a preserve or public land

Recreation

  • Community Pool
  • Community Spa
  • Water Sports
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,890

Year Built

Built in 1963

Lot Details

0

HOA Fees

$518 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Vista Bahia (BBVB)
  • View: No
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 43930128
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1287.00 Square Feet
  • Interior Amenities: Built-in Features, Pull Down Stairs to Attic
  • Stories: 1
  • Common Walls: 1 Common Wall, End Unit
  • Accessibility Features: 2+ Access Exits, Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors, Storm Door(s)
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room, Wood Burning, Raised Hearth
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 452.21
  • Room Type: All Bedrooms Down, Great Room, Kitchen, Laundry, Master Suite
  • Spa Features: Association
  • Window Features: Storm Window(s)
  • Bathroom Features: Bathtub, Shower, Linen Closet/Storage, Vanity Area, Walk-In Shower

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Vinyl
  • Patio And Porch Features: Brick, Enclosed, Patio
  • Pool Features: Association
  • Pool Private: No
  • Roof: Asphalt
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking Features: Garage Faces Side, Garage - Two Door, Street
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Inside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 517.57
  • Association Fee Frequency: Monthly
  • Association Name: Four Fours
  • Phone: 7144442602
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Hiking, Watersports, Preserve/Public Land, Sidewalks, Storm Drains, Street Lights
  • Association Management: Tritz Professional Management service

Schools

  • High School: Newport Harbor
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Front Yard, Park Nearby
  • Lot Size Sq Ft: 1612.00
  • Lot Size Acres: 0.0370

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1612.0000 Square Feet
  • Number Of Units Total: 33
  • Waterfront Features: Across the Road from Lake/Ocean

Tax Info

  • Tax Census Tract: 630.09
  • Tax Lot: 28
  • Tax Tract Number: 4444

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2020
Closed on
Nov 17, 2020
Sold by
Tabelran Nasser Ganje
Bought by
Fargahi Sima
Seller's Agent
Kim Brewer
Coldwell Banker Realty
Buyer's Agent
Kim Brewer
Coldwell Banker Realty
List Price
$580,000
Sold Price
$582,000
Premium/Discount to List
$2,000
0.34%
Current Estimated Value
$1,256,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$674,813
Avg. Annual Appreciation
16.86%
Original Mortgage
$261,000
Outstanding Balance
$232,253
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,024,560

Purchase Details

Listed on
Oct 4, 2020
Closed on
Oct 26, 2020
Sold by
The Maruyama Family Partnership Lllp
Bought by
Fargahi Sima
Seller's Agent
Kim Brewer
Coldwell Banker Realty
Buyer's Agent
Kim Brewer
Coldwell Banker Realty
List Price
$580,000
Sold Price
$582,000
Premium/Discount to List
$2,000
0.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Outstanding Balance
$232,253
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,024,560

Purchase Details

Closed on
Nov 22, 2011
Sold by
Maruyama Ruby and Maruyama Herbert
Bought by
The Maruyama Family Partnership Lllp

Purchase Details

Closed on
Aug 11, 1995
Sold by
Maruyama Herbert
Bought by
Maruyama Ruby

Purchase Details

Closed on
Aug 10, 1995
Sold by
Taylor Ann L and Taylor Zada F
Bought by
Maruyama Ruby
Source: Public Records

Range of Values:

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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
Fargahi Sima -- Ticor Title
Fargahi Sima $582,000 Ticor Title
The Maruyama Family Partnership Lllp -- None Available
Maruyama Ruby -- Orange Coast Title
Maruyama Ruby $150,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fargahi Sima $261,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2020 11/19/20 Sold $582,000 +0.3% $452 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
10/04/2020 10/04/20 For Sale $580,000 -- $451 / 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 $6,890 $629,974 $536,309 $93,665
2024 $6,890 $617,622 $525,793 $91,829
2023 $6,726 $605,512 $515,483 $90,029
2022 $6,611 $593,640 $505,376 $88,264
2021 $6,486 $582,000 $495,466 $86,534
2020 $5,800 $516,823 $430,659 $86,164
2019 $5,686 $506,690 $422,215 $84,475
2018 $5,575 $496,755 $413,936 $82,819
2017 $5,477 $487,015 $405,819 $81,196
2016 $5,357 $477,466 $397,862 $79,604
2015 $5,305 $470,295 $391,886 $78,409
2014 $5,181 $461,083 $384,209 $76,874
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Kim Brewer

    Coldwell Banker Realty

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20208381

California Regional Multiple Listing Service (CRMLS)

APN: 439-301-28

California Orange County Newport Beach 92627 Bayview

2514 University Dr, Newport Beach, CA

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