NOT LISTED FOR SALE

Estimated Value: $1,790,000 - $2,687,000

2 Beds
2 Baths
1,313 Sq Ft
$845/mo HOA Fee

Last Sold December 15, 2020

Last sale price $1,750,000 $1,333 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $15,201/month

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • End Unit
  • Newport Elementary School Rated A
  • Heated Pool
  • Fireplace

About This Home

As of December 2020

SOLD BEFORE PROCESSING - ENTERED FOR COMP PURPOSES ONLY
Front Row Unit With Panoramic Water And City Light Views

Last Agent to Sell the Property

Tara Shapiro

Coldwell Banker Realty License #01892201 Listed on: 12/15/2020

Coldwell Banker Realty

Last Buyer's Agent

Julia Morton

White Sail Realty License #02016387

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,929

Year Built

  • Built in 1963

Lot Details

  • Property Fronts a Bay or Harbor
  • End Unit
  • Two or More Common Walls

HOA Fees

  • $845 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Assigned Parking

Property Views

  • Bay
  • Panoramic
  • City Lights

Interior Spaces

  • 1,313 Sq Ft Home
  • 1-Story Property
  • Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Additional Features

  • Heated Pool
  • Urban Location
  • Cooling Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 6027
  • Assessor Parcel Number 93294022

Community Details

Overview

  • 49 Units
  • Newport Bay Towers Association, Phone Number (949) 215-8485
  • Boyd HOA
  • Newport Bay Towers Subdivision

Recreation

  • Boat Dock
  • Community Pool
  • Water Sports

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,929

Year Built

Built in 1963

Lot Details

0

HOA Fees

$845 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Newport Bay Towers (NBYT)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93294022
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1313.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls, End Unit
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1332.83

Exterior Features

  • View: Bay, City Lights, Panoramic
  • Pool Features: Association, Heated
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Stackable, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Dock, Management
  • Association Fee: 845.00
  • Association Fee Frequency: Monthly
  • Association Name: Newport Bay Towers
  • Phone: 949-215-8485
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Watersports, Urban
  • Association Management: Boyd

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 49
  • Number Of Units Total: 49
  • Waterfront Features: Bay Front

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 15, 2020
Closed on
Nov 12, 2020
Sold by
Patterson Sharon L
Bought by
Newport Bay Tower 205 Llc
Seller's Agent
Tara Shapiro
Coldwell Banker Realty
Buyer's Agent
Julia Morton
White Sail Realty
List Price
$17,500,000
Sold Price
$1,750,000
Premium/Discount to List
-$15,750,000
-90%
Current Estimated Value
$2,334,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$584,485
Avg. Annual Appreciation
4.82%

Purchase Details

Closed on
Jul 25, 2012
Sold by
Patterson Ronald T and Patterson Sharon L
Bought by
Patterson Ronald T and Patterson Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$574,100
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2009
Sold by
Patterson Ronald T and Patterson Sharon L
Bought by
Patterson Ronald T and Patterson Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$604,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2008
Sold by
Patterson Ronald T and Patterson Sharon L
Bought by
Patterson Ronald T and Patterson Sharon L

Purchase Details

Closed on
Sep 19, 2003
Sold by
Zanchi Michael A
Bought by
Patterson Ronald T and Patterson Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 1995
Sold by
Zanchi Myra
Bought by
Woodall Myra Zanchi and The Myra Zanchi Woodall Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Newport Bay Tower 205 Llc $1,750,000 Chicago Title Company
Patterson Ronald T -- Lawyers Title
Patterson Ronald T -- Lawyers Title
Patterson Ronald T -- Advantage Title Inc
Patterson Ronald T -- Advantage Title Inc
Patterson Ronald T -- None Available
Patterson Ronald T $775,000 --
Woodall Myra Zanchi -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patterson Ronald T $574,100
Previous Owner Patterson Ronald T $604,000
Previous Owner Patterson Ronald T $615,000
Previous Owner Patterson Ronald T $200,000
Previous Owner Patterson Ronald T $620,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2020 12/15/20 Sold $1,750,000 -90.0% $1,333 / Sq Ft
12/15/2020 12/15/20 For Sale $17,500,000 -- $13,328 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
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 $19,929 $1,894,256 $1,665,657 $228,599
2024 $19,929 $1,857,114 $1,632,997 $224,117
2023 $19,462 $1,820,700 $1,600,977 $219,723
2022 $19,138 $1,785,000 $1,569,585 $215,415
2021 $18,772 $1,750,000 $1,538,808 $211,192
2020 $10,890 $1,007,534 $797,522 $210,012
2019 $10,667 $987,779 $781,884 $205,895
2018 $10,455 $968,411 $766,553 $201,858
2017 $10,269 $949,423 $751,523 $197,900
2016 $10,039 $930,807 $736,787 $194,020
2015 $9,943 $916,826 $725,720 $191,106
2014 $8,852 $817,500 $642,638 $174,862
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20258015

California Regional Multiple Listing Service (CRMLS)

APN: 932-940-22