NOT LISTED FOR SALE

Estimated Value: $1,169,522 - $2,064,000

1 Bed
1 Bath
1,028 Sq Ft
1,028 Sq Ft Lot

Last Sold January 29, 2016

Last sale price $650,000 $632 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $8,605/month

Highlights

  • Marina View
  • Fireplace in Primary Bedroom
  • Main Floor Primary Bedroom
  • Newport Elementary School Rated A
  • Property is near a park
  • No HOA

About This Home

As of January 2020

Interior of unit, FULLY RENOVATED, building lobby & exterior renovated in 2019. This unit is Ideally located in the heart of Newport Peninsula's famous fun zone, restaurants, shopping, and activities. Bright open floor plan features new wood flooring including in-floor heating system, in-unit laundry, windows, doors, and moldings. Gourmet kitchen, with, spectacular views, features sub zero refrigerator, Wolf 4-burner gas cook top and oven, soft closing cabinetry, sub way tile back splash, and marble counters. Expansive master suite, with wall mounted fireplace heater and flat screen TV, overlooks the Balboa marina. Over sized bathroom features floor lighting, marble counters, dual sinks, and glass enclosed shower. Recent common area building renovations include community pool with bay views, water features, patios and seating areas. Spend the morning on the bay enjoying the boats, and the afternoon at the ocean, it's all in walking distance.

Last Agent to Rent the Property

Alane Anderson

Berkshire Hathaway Homeservices California Properties License #01876836 Listed on: 11/10/2019

Berkshire Hathaway Homeservices California Properties

Last Renter's Agent

Alane Anderson

Berkshire Hathaway Homeservices California Properties License #01876836 Listed on: 11/10/2019

Berkshire Hathaway Homeservices California Properties

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,326

Year Built

  • Built in 1963

Lot Details

  • 1,028

Parking

  • Subterranean Parking
  • Parking Available

Property Views

  • Marina
  • Bay
  • City Lights

Interior Spaces

  • 1,028 Sq Ft Home
  • 1-Story Property
  • Furniture Can Be Negotiated
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • 1 Full Bathroom

Additional Features

  • Exterior Lighting
  • Two or More Common Walls
  • Property is near a park
  • Central Heating

Listing and Financial Details

  • Security Deposit $6,000
  • Rent includes pool
  • 12-Month Minimum Lease Term
  • Available 9/12/18
  • Tax Lot 1
  • Tax Tract Number 6027
  • Assessor Parcel Number 93294003

Community Details

Overview

  • No Home Owners Association
  • 48 Units

Recreation

  • Community Pool

Condo Details

Home Type

Condominium

Est. Annual Taxes

$8,326

Year Built

Built in 1963

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Last Month Rent, Security Deposit
  • Available Date: 2018-09-12
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Security: 6000
  • Furnished: Negotiable
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • Subdivision Name Other: Newport Bay Towers (NBYT)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93294003
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1028.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Master Bedroom
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.40
  • Room Type: All Bedrooms Down, Main Floor Master Bedroom, Master Bathroom

Exterior Features

  • View: Bay, City Lights, Marina, Water
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 1028.00
  • Lot Size Acres: 0.0236
  • Latitude Manual: 33.60457300

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 1028.0000 Square Feet
  • Number Of Units In Community: 48
  • Number Of Units Total: 1
  • Rent Includes: Pool

Tax Info

  • Tax Census Tract: 628.00
  • Tax Lot: 1
  • Tax Tract Number: 6027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2015
Closed on
Jan 8, 2016
Sold by
Williams Rodney R and Williams Hermine
Bought by
Entezam Benjamin Behzad and Entezam Shohreh
Seller's Agent
Alane Anderson
Berkshire Hathaway Homeservices California Properties
Buyer's Agent
Alane Anderson
Berkshire Hathaway Homeservices California Properties
List Price
$710,000
Sold Price
$650,000
Premium/Discount to List
-$60,000
-8.45%
Current Estimated Value
$1,432,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$782,425
Avg. Annual Appreciation
8.60%

Purchase Details

Closed on
Mar 18, 2015
Sold by
Williams Rodney R
Bought by
Williams Rodney R and Williams Hermine

Purchase Details

Closed on
Dec 27, 2012
Sold by
Williams Donald L
Bought by
Williams Rodney R and The Dl Williams Irrevocable Trust

Purchase Details

Closed on
May 13, 1998
Sold by
Williams Donald L
Bought by
Williams Donald L and Donald L Williams Revocable Trust

Purchase Details

Closed on
Oct 24, 1997
Sold by
Herbert Marshall William
Bought by
Williams Donald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.36%
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
Entezam Benjamin Behzad $650,000 Ticor Title Company
Williams Rodney R -- None Available
Williams Rodney R -- None Available
Williams Donald L -- --
Williams Donald L $190,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Donald L $125,000
Closed Williams Donald L $17,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2020 01/09/20 Rented $3,500 0.0% --
12/29/2019 12/29/19 Under Contract -- -- --
11/10/2019 11/10/19 For Rent $3,500 0.0% --
10/31/2018 10/31/18 Rented $3,500 0.0% --
10/05/2018 10/05/18 Under Contract -- -- --
09/06/2018 09/06/18 For Rent $3,500 0.0% --
01/29/2016 01/29/16 Sold $650,000 -8.5% $632 / Sq Ft
01/05/2016 01/05/16 Pending -- -- --
12/23/2015 12/23/15 For Sale $710,000 -- $691 / 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 $8,326 $769,465 $586,105 $183,360
2024 $8,326 $754,378 $574,613 $179,765
2023 $8,128 $739,587 $563,346 $176,241
2022 $7,990 $725,086 $552,300 $172,786
2021 $7,839 $710,869 $541,470 $169,399
2020 $7,764 $703,580 $535,917 $167,663
2019 $7,608 $689,785 $525,409 $164,376
2018 $7,458 $676,260 $515,107 $161,153
2017 $7,328 $663,000 $505,006 $157,994
2016 $6,790 $614,226 $454,026 $160,200
2015 $3,003 $252,422 $106,967 $145,455
2014 $2,933 $247,478 $104,872 $142,606
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19261348

California Regional Multiple Listing Service (CRMLS)

APN: 932-940-03