NOT LISTED FOR SALE

Estimated Value: $4,156,000 - $7,345,000

2 Beds
1 Bath
1,035 Sq Ft
$5,613/Sq Ft Est. Value

Last Sold February 08, 2018

Last sale price $2,050,000 $1,981 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $35,025/month

10 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Forced Air Heating System
  • Newport Heights Elementary Rated A
  • Bungalow
  • 1-Story Property

About This Home

As of February 2018

ATTN DEVELOPERS: GREAT OPPORTUNITY!!! Located in Bay Shores community. Build new or remodel a dream house. This desirable Newport community offers gated security, 2 private beaches with private marina.

This original, single-story bungalow has high open beam ceilings, French doors & windows, large private courtyard with patio and grass yard. The cottage is Two Bdrm, One Bath with fireplace and stone floors throughout.

This property offers the ability to build new or remodel on a 4,800 Sq. Ft. lot. Existing single-story house was built on the front portion of lot allowing for potential reconstruction of a two-story addition, A conceptual design was done, for a potential addition of approx. 2,200 Sq. Ft. of living space consisting of Master Bdrm. plus 2 Bdrm., 3 baths with 3-car garage. (Conceptual design plans are available). Buyer to ck with the City of NB for building requirements.

Tenant occupied, lease expires August 2018 allowing time for building entitlements. Inspection with accepted offer.

Bay Shores is a premier waterfront community in Newport Beach. With a 24-hour guard gate with rouging security, this community of 249 homes provides two private bay front beaches amenities include barbecues, sand volleyball, small boat storage, guest dock space and two yacht marinas (Calif. Recreation & private), clubhouse and gated children’s play park area. Community has direct key access gate to adjacent Balboa Bay Club & Resort.

Last Agent to Sell the Property

James Mann

Coldwell Banker Platinum Prop. License #00546945 Listed on: 01/21/2018

Coldwell Banker Platinum Prop.

Last Buyer's Agent

Elizabeth Do

Keller Williams Realty License #01473012

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,299

Year Built

  • Built in 1953

Lot Details

  • 4,800 Sq Ft Lot
  • Density is 16-20 Units/Acre

Parking

  • 1 Open Parking Space
  • 2 Car Garage

Home Design

  • Bungalow

Interior Spaces

  • 1,035 Sq Ft Home
  • 1-Story Property
  • Dining Room with Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 66
  • Tax Tract Number 1102
  • Assessor Parcel Number 04918120

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,299

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Bayshores (BSHR)
  • View: No
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04918120
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1035.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Dining Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1980.68
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 4800.00
  • Lot Size Acres: 0.1102

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4800.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 634.00
  • Tax Lot: 66
  • Tax Tract Number: 1102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2021
Sold by
Pham Christina
Bought by
Pham Anthony Bach Viet and Pham Anthony Bach
Current Estimated Value
$5,809,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,385,000
Outstanding Balance
$2,162,135
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$3,647,088

Purchase Details

Listed on
Jan 21, 2018
Closed on
Jan 29, 2018
Sold by
Mann James E and Otting Michele L
Bought by
Pham Anthony Bach Viet and The Anthony Bach Viet Pham Revocable Tru
Seller's Agent
James Mann
Coldwell Banker Platinum Prop.
Buyer's Agent
Elizabeth Do
Keller Williams Realty
List Price
$2,180,000
Sold Price
$2,050,000
Premium/Discount to List
-$130,000
-5.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.92%

Purchase Details

Closed on
Dec 7, 2006
Sold by
Otting Michele
Bought by
Mann James E and Otting Michele L

Purchase Details

Closed on
Oct 17, 2006
Sold by
Mann James E
Bought by
Otting Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,335,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 2006
Sold by
Larson Karen Lynne
Bought by
Otting Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,335,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 2004
Sold by
Poole Jean H
Bought by
Larson Karen Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
11%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 19, 2004
Sold by
Poole Edward Wiley
Bought by
Poole Jean H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.39%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 10, 2004
Sold by
Obrien Marie A
Bought by
Poole Jean H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.39%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 17, 2001
Sold by
Obrien Marie A
Bought by
Obrien Marie A and The Marie A Obrien Trust
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
Pham Anthony Bach Viet -- Ticor Ttl Orange Cnty Branch
Pham Anthony Bach Viet $2,050,000 Lawyers Title
Mann James E -- Accommodation
Otting Michele -- First American Title Co
Otting Michele $1,780,000 First American Title Co
Larson Karen Lynne $1,329,000 California Title
Poole Jean H -- California Title Company
Poole Jean H $1,150,000 California Title Company
Obrien Marie A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pham Anthony Bach Viet $2,385,000
Closed Bach Anthony $1,435,000
Previous Owner Otting Michele $1,335,000
Previous Owner Larson Karen Lynne $500,000
Previous Owner Larson Karen Lynne $400,000
Previous Owner Poole Jean H $100,000
Previous Owner Poole Jean H $862,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2018 02/08/18 Sold $2,050,000 -6.0% $1,981 / Sq Ft
01/31/2018 01/31/18 Pending -- -- --
01/21/2018 01/21/18 For Sale $2,180,000 0.0% $2,106 / Sq Ft
09/01/2016 09/01/16 Rented $4,975 0.0% --
07/26/2016 07/26/16 Price Changed $4,975 -5.2% $5 / Sq Ft
07/05/2016 07/05/16 Price Changed $5,250 -7.9% $5 / Sq Ft
06/17/2016 06/17/16 For Rent $5,700 +22.6% --
03/10/2014 03/10/14 Rented $4,650 0.0% --
03/10/2014 03/10/14 For Rent $4,650 -- --
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
2024 $35,299 $3,317,330 $2,230,114 $1,087,216
2023 $34,467 $3,251,644 $2,186,386 $1,065,258
2022 $33,895 $3,187,595 $2,143,516 $1,044,079
2021 $33,244 $3,125,094 $2,101,487 $1,023,607
2020 $26,448 $2,477,784 $2,079,939 $397,845
2019 $22,343 $2,091,000 $2,039,156 $51,844
2018 $18,545 $1,730,940 $1,664,667 $66,273
2017 $18,218 $1,697,000 $1,632,026 $64,974
2016 $15,902 $1,481,999 $1,417,025 $64,974
2015 $15,752 $1,459,738 $1,395,739 $63,999
2014 $15,681 $1,459,738 $1,395,739 $63,999
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18015955

California Regional Multiple Listing Service (CRMLS)

APN: 049-181-20