2523 Back Bay Loop Unit 45 Costa Mesa, CA 92627
Eastside Costa Mesa NeighborhoodEstimated Value: $978,000 - $1,063,000
3
Beds
2.5
Baths
1,375
Sq Ft
$444/mo
HOA Fee
Highlights
- Golf Course Community
- In Ground Pool
- Back Bay Views
- Heinz Kaiser Elementary School Rated A
- No Units Above
- Cape Cod Architecture
About This Home
As of October 2023SIGNIFICANT PRICE REDUCTION and a GREAT OPPORTUNITY to own in the private Eastside enclave of Back Bay Village. Follow the private driveway of Back Bay Loop to this 3 bedroom, 2 ½ bath townhome ideally located in the backside of the community. The location allows for expansive views of the Upper Newport Bay and the hillside lights beyond from the Master Bedroom. Enjoy the cool, fresh, unobstructed breezes of the Back Bay. The original owners of this home have meticulously maintained and upgraded it through the years including new fresh paint, a fully remodeled upstairs secondary bath, white kitchen cabinetry and granite countertops, full home water-filtration system, plantation shutters throughout, new oven-range and microwave, new Andersen patio slider door and dining windows, ceiling fans, and much more. A patio off the family room is a relaxing spot to enjoy the custom-built planters filled with flowers and an avocado tree. Three second-floor bedrooms, two with vaulted ceilings, and one with the addition of a skylight adding abundant natural light throughout the area. One of the bedrooms is currently being used as an office/den complete with built-in wraparound desk and bookcase that can easily be converted back to a spacious bedroom with its own ensuite bath. Downstairs the inside laundry room includes a convenient deep storage closet. The oversized garage is outfitted with a custom skylight and wall cabinetry by Closet World. The community offers a gated pool and spa and ample guest parking. Easy access to the 55, 405 and 73 freeways. Close proximity to the beaches of Newport Beach, world-class healthcare, schools, and an abundance of local shopping and eateries makes this delightful condo an excellent choice for your next home.
Last Listed By
Berkshire Hathaway HomeService License #00973254 Listed on: 08/17/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,462
Year Built
- Built in 1986
Lot Details
- Property fronts a private road
- No Units Above
- No Units Located Below
- Two or More Common Walls
- Wood Fence
- Fence is in good condition
- Landscaped
HOA Fees
- $444 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Parking Storage or Cabinetry
- Parking Available
- Garage Door Opener
- Driveway
- Guest Parking
Property Views
- Back Bay
- City Lights
- Woods
- Hills
- Park or Greenbelt
Home Design
- Cape Cod Architecture
- Slab Foundation
- Composition Roof
Interior Spaces
- 1,375 Sq Ft Home
- 2-Story Property
- Built-In Features
- Cathedral Ceiling
- Ceiling Fan
- Skylights
- Track Lighting
- Gas Fireplace
- Double Pane Windows
- Plantation Shutters
- Window Screens
- Sliding Doors
- Family Room with Fireplace
- Dining Room
- Attic
Kitchen
- Gas Oven
- Gas Range
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
- Mirrored Closets Doors
- Upgraded Bathroom
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Home Security
- Home Security System
- Termite Clearance
Pool
- In Ground Pool
- In Ground Spa
Outdoor Features
- Concrete Porch or Patio
- Exterior Lighting
- Rain Gutters
Location
- Suburban Location
Schools
- Kaiser Elementary School
- Ensign Middle School
- Newport Harbor High School
Utilities
- Forced Air Heating System
- Natural Gas Connected
- Gas Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 12178
- Assessor Parcel Number 93765075
- $737 per year additional tax assessments
Community Details
Overview
- 50 Units
- Back Bay Village Association, Phone Number (949) 716-3998
- Powerstone Property Management HOA
- Built by Richard Jones
- Back Bay Village Loop Subdivision, Newport Floorplan
- Maintained Community
- Property is near a preserve or public land
Recreation
- Golf Course Community
- Community Pool
- Community Spa
- Hiking Trails
- Bike Trail
Pet Policy
- Pets Allowed
- Pet Restriction
Security
- Resident Manager or Management On Site
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 17, 2023
Closed on
Sep 6, 2023
Sold by
Lairson Laurel J and Norman Joseph
Bought by
Schmitz Daric and Perez Kelsey
Seller's Agent
Donna Schelitzche
Berkshire Hathaway HomeService
Buyer's Agent
Jessica Gugliotta
reframe
List Price
$950,000
Sold Price
$915,000
Premium/Discount to List
-$35,000
-3.68%
Total Days on Market
14
Views
94
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,002
Avg. Annual Appreciation
4.73%
Original Mortgage
$823,500
Outstanding Balance
$812,701
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$172,921
Purchase Details
Closed on
Apr 1, 2023
Sold by
Lairson Laurel J
Bought by
Lairson Laurel J and Lacourciere Norman Joseph
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Costa Mesa, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schmitz Daric | $915,000 | California Title Company | |
| Lairson Laurel J | -- | None Listed On Document | |
| Lairson Laurel J | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schmitz Daric | $823,500 | |
| Previous Owner | Lairson Laurel J | $127,000 | |
| Previous Owner | Lairson Laurel J | $0 | |
| Previous Owner | Lairson Laurel J | $140,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/05/2023 10/05/23 | Sold | $915,000 | +1.7% | $665 / Sq Ft |
| 09/01/2023 09/01/23 | Pending | -- | -- | -- |
| 08/30/2023 08/30/23 | Price Changed | $900,000 | -5.3% | $655 / Sq Ft |
| 08/17/2023 08/17/23 | For Sale | $950,000 | -- | $691 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $10,462 | $915,000 | $782,094 | $132,906 |
| 2023 | $3,591 | $275,031 | $154,660 | $120,371 |
| 2022 | $3,499 | $269,639 | $151,628 | $118,011 |
| 2021 | $3,416 | $264,352 | $148,654 | $115,698 |
| 2020 | $3,368 | $261,642 | $147,130 | $114,512 |
| 2019 | $3,295 | $256,512 | $144,245 | $112,267 |
| 2018 | $3,228 | $251,483 | $141,417 | $110,066 |
| 2017 | $3,176 | $246,552 | $138,644 | $107,908 |
| 2016 | $3,112 | $241,718 | $135,925 | $105,793 |
| 2015 | $3,081 | $238,088 | $133,884 | $104,204 |
| 2014 | $3,013 | $233,425 | $131,262 | $102,163 |
Source: Public Records
Agents Affiliated with this Home
-
Donna Schelitzche
Seller's Agent in 2023
Donna Schelitzche
Berkshire Hathaway HomeService
(949) 300-1423
1 in this area
2 Total Sales
-
Jessica Gugliotta
Buyer's Agent in 2023
Jessica Gugliotta
reframe
(949) 201-6295
1 in this area
70 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP23150832
APN: 937-650-75
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 363 Monte Vista Ave
- 345 University Dr Unit L5
- 334 Tours Ln
- 380 Mira Loma Place
- 306 Canoe Pond
- 2422 Miseno Way
- 228 Del Mar Ave
- 375 Santa Isabel Ave
- 2585 Orange Ave
- 20462 Santa Ana Ave Unit D
- 2412 Orange Ave
- 2315 Heather Ln
- 2554 Elden Ave Unit B101
- 2233 Heather Ln
- 2459 Elden Ave
- 2200 Lake Park Ln
- 100 Pinon Tree Ln
- 237 23rd St
- 270 Albert Place
- 20462 SW Birch St
- 2523 Back Bay Loop Unit 45
- 2523 Back Bay Loop
- 2526 Back Bay Loop
- 2522 Back Bay Loop Unit 46
- 2527 Back Bay Loop Unit 43
- 2519 Back Bay Loop Unit 47
- 2519 Back Bay Loop
- 2524 Back Bay Loop Unit 14
- 2525 Back Bay Loop Unit 13
- 2518 Back Bay Loop
- 2528 Back Bay Loop Unit 42
- 2529 Back Bay Loop
- 2517 Back Bay Loop
- 2516 Back Bay Loop Unit 50
- 2530 Back Bay Loop Unit 40
- 2531 Back Bay Loop
- 2510 Back Bay Loop
- 2544 Back Bay Loop
- 2545 Back Bay Loop Unit 9
- 2535 Back Bay Loop Unit 11