NOT LISTED FOR SALE

306 E Bay Ave Newport Beach, CA 92661

Balboa Island Neighborhood

Estimated Value: $2,458,000 - $2,748,000

2 Beds
2 Baths
1,000 Sq Ft
$2,601/Sq Ft Est. Value

About This Home

This home is located at 306 E Bay Ave, Newport Beach, CA 92661 and is currently estimated at $2,601,148, approximately $2,601 per square foot. 306 E Bay Ave is a home located in Orange County with nearby schools including Abraham Lincoln Elementary School, Corona del Mar Middle and High School, and German School Campus.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2023
Sold by
Xanadu Coastal Properties Llc
Bought by
Young George Eric
Current Estimated Value
$2,601,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,810,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2023
Sold by
620 Coastal Living Llc
Bought by
Xanadu Coastal Properties Llc

Purchase Details

Closed on
Feb 15, 2022
Sold by
Joe 10 Lc Llc
Bought by
Othman Tarek and Golafshan Parvaneh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2021
Sold by
Joe 10 Lc Llc
Bought by
Clark Emmett James and Clark Patricia Ruth

Purchase Details

Closed on
Jun 20, 2019
Sold by
Mcculloch Mark Patterson
Bought by
Joe 10 Lc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2018
Sold by
Title Holding Sevices Corporation
Bought by
Mcculloch Mark Patterson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2018
Sold by
Browne Lisa Dale
Bought by
Mcculloch Mark Patterson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2017
Sold by
Mcculloch Mark Patterson
Bought by
Title Holding Services Corp

Purchase Details

Closed on
Dec 28, 1995
Sold by
Garnet Virginia Mcculloch Living Trust
Bought by
Mcculloch Mark Patterson
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Young George Eric $2,280,000 Lawyers Title
Xanadu Coastal Properties Llc $2,100,000 Lawyers Title
Othman Tarek $1,700,000 Lawyers Title
Clark Emmett James -- None Available
Joe 10 Lc Llc -- Lawyers Title
Mcculloch Mark Patterson -- Fidelity National Title
Mcculloch Mark Patterson -- Fidelity National Title
Title Holding Services Corp -- None Available
Mcculloch Mark Patterson -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young George Eric $1,825,000
Closed Young George Eric $1,810,000
Previous Owner Othman Tarek $1,300,000
Previous Owner Joe 10 Lc Llc $1,340,000
Previous Owner Layers Title Company $1,150,000
Previous Owner Joe 10 Lc Llc $900,000
Previous Owner Mcculloch Mark Patterson $550,000
Previous Owner Title Holding Services Cvorporation $300,000
Source: Public Records

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 $24,532 $2,280,000 $2,240,690 $39,310
2023 $21,246 $1,976,760 $1,938,892 $37,868
2022 $21,571 $110,450 $95,936 $14,514
2021 $2,509 $108,285 $94,055 $14,230
2020 $19,331 $1,703,400 $1,669,386 $34,014
2019 $2,503 $105,074 $91,265 $13,809
2018 $2,571 $103,014 $89,475 $13,539
2017 $2,572 $100,995 $87,721 $13,274
2016 $2,491 $99,015 $86,001 $13,014
2015 $2,508 $97,528 $84,709 $12,819
2014 $2,436 $95,618 $83,050 $12,568
Source: Public Records

Map

California Orange County Newport Beach 92661 Balboa Island

306 E Bay Ave, Newport Beach, CA

This home is located at 306 E Bay Ave, Newport Beach, CA 92661 and is currently estimated at $2,601,148, approximately $2,601 per square foot. 306 E Bay Ave is a home located in Orange County with nearby schools including Abraham Lincoln Elementary School, Corona del Mar Middle and High School, and German School Campus.

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