NOT LISTED FOR SALE

Estimated Value: $1,731,022 - $2,315,000

2 Beds
2 Baths
1,325 Sq Ft
$830/mo HOA Fee

Last Sold September 11, 2017

Last sale price $1,175,000 $887 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $12,420/month

129 Days on Market

Highlights

  • White Water Ocean Views
  • Boat Dock
  • In Ground Pool
  • Newport Elementary School Rated A
  • 24-Hour Security
  • Gated Parking

About This Home

As of September 2017

This pinnacle, 2 Bedroom 2 bath private condo is nestled in Newport Bay Towers on the 4th floor, with a large private balcony with 180 degree views of the ocean and bay . Perfect for indoor-outdoor entertaining, the patio too, overlooks the beautiful bay. Newport Bay Towers is a bay front community that is within walking distance to the Fun Zone, restaurants & shopping, Balboa Island Ferry, and Balboa Pier! This community features, a newly renovated community pool area, roof top deck with 360 degree views of the coastline ocean, bay and Catalina, an underground gated parking garage with two reserved parking spaces, a secure lobby entrance and eligibility to rent private boat slip. Boat slips can accommodate large boat's (38' - 60') and 14 small/Duffy size slips (either for 18' or for 22' Duffy). All slips have 50 AMP power (a big plus) and the marina has excellent depth! Receive priority due to ownership!
Premiere location, Newport Beach is a prestigious Orange County beach community!

Last Agent to Sell the Property

Cathy Kroopf

Compass License #01406619 Listed on: 04/14/2017

Compass

Last Buyer's Agent

Cathy Kroopf

Compass License #01406619 Listed on: 04/14/2017

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,006

Year Built

  • Built in 1963

Lot Details

  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

HOA Fees

  • $830 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Gated Parking
  • Parking Lot
  • Controlled Entrance
  • Community Parking Structure

Property Views

  • White Water Ocean
  • Bay
  • Catalina
  • Panoramic
  • City Lights
  • Pool
  • Neighborhood

Interior Spaces

  • 1,325 Sq Ft Home
  • Open Floorplan
  • Wired For Data
  • Ceiling Fan
  • Great Room
  • Family Room
  • Storage

Kitchen

  • Convection Oven
  • Gas Oven
  • Built-In Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

  • Home Security System
  • Intercom

Outdoor Features

  • In Ground Pool
  • Living Room Balcony
  • Deck
  • Patio

Additional Features

  • Accessible Elevator Installed
  • Radiant Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 7001
  • Assessor Parcel Number 93294043

Community Details

Overview

  • Newport Bay Association, Phone Number (949) 215-8485

Amenities

  • Laundry Facilities

Recreation

  • Boat Dock
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,006

Year Built

Built in 1963

Lot Details

0

HOA Fees

$830 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: 24 Hour Security, Fire and Smoke Detection System, Security System
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93294043
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1325.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Elevator, Intercom, Living Room Balcony, Open Floorplan, Storage, Wired for Data
  • Common Walls: 2+ Common Walls
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • 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: 886.79
  • Room Type: Family Room, Great Room

Exterior Features

  • Patio: Yes
  • View: Bay, Catalina, City Lights, Neighborhood, Ocean, Panoramic, Pool, White Water
  • Patio And Porch Features: Deck
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Controlled Entrance, Gated, Parking Space, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Convection Oven, Dishwasher, Disposal, Gas Oven, Gas Cooktop
  • Heating Type: Radiant
  • Laundry Features: Community, Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Dock
  • Association Fee: 830.02
  • Association Fee Frequency: Monthly
  • Association Name: Newport Bay
  • Phone: 9492158485
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 628.00
  • Tax Lot: 1
  • Tax Tract Number: 7001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2017
Closed on
Sep 7, 2017
Sold by
Eadington George
Bought by
Bssc Inc
Seller's Agent
Cathy Kroopf
Compass
Buyer's Agent
Cathy Kroopf
Compass
List Price
$1,299,000
Sold Price
$1,175,000
Premium/Discount to List
-$124,000
-9.55%
Current Estimated Value
$1,902,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$727,293
Avg. Annual Appreciation
6.23%
Original Mortgage
$130,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2011
Sold by
Talmage Janis
Bought by
Eadington Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.63%
Mortgage Type
Unknown

Purchase Details

Closed on
May 20, 2011
Sold by
Eadington Robert J
Bought by
Eadington Robert J and The Robert J Eadington Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 4, 2007
Sold by
Eadington Robert J
Bought by
Eadington Robert J and Robert J Eadington Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.16%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 21, 2003
Sold by
Talmage Janis Rae
Bought by
Eadington Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2000
Sold by
Eadington Robert J
Bought by
Eadington Robert J and Robert J Eadington Trust

Purchase Details

Closed on
Mar 13, 2000
Sold by
Meyer Janet J
Bought by
Eadington Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
8.25%

Purchase Details

Closed on
Jan 27, 1999
Sold by
Meyer Janet J
Bought by
Meyer Janet J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.77%
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
Bssc Inc $70,500 First American Title Co
Eadington Robert J -- Advantage Title Inc
Eadington Robert J -- Accommodation
Eadington Robert J -- Advantage Title Inc
Eadington Robert J -- None Available
Eadington Robert J -- Equity Title Company
Eadington Robert J -- Equity Title Company
Eadington Robert J -- --
Eadington Robert J $420,000 First American Title Ins Co
Meyer Janet J -- First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bssc Inc $2,000,000
Closed Bssc Inc $130,000
Previous Owner Eadington Robert J $150,000
Previous Owner Eadington Robert J $150,000
Previous Owner Eadington Robert J $100,000
Previous Owner Eadington Robert J $100,000
Previous Owner Eadington Robert J $150,000
Previous Owner Eadington Robert J $410,000
Previous Owner Eadington Robert J $290,000
Previous Owner Eadington Robert J $296,000
Previous Owner Eadington Robert J $294,000
Previous Owner Meyer Janet J $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2017 09/11/17 Sold $1,175,000 -2.0% $887 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
06/19/2017 06/19/17 Price Changed $1,199,000 -7.7% $905 / Sq Ft
04/14/2017 04/14/17 For Sale $1,299,000 -- $980 / 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
2024 $13,006 $1,199,181 $988,235 $210,946
2023 $12,700 $1,175,668 $968,858 $206,810
2022 $12,736 $1,152,616 $949,861 $202,755
2021 $12,600 $1,130,016 $931,236 $198,780
2020 $12,481 $1,118,430 $921,688 $196,742
2019 $12,243 $1,096,500 $903,615 $192,885
2018 $12,028 $1,075,000 $885,897 $189,103
2017 $6,579 $556,209 $365,564 $190,645
2016 $6,443 $545,303 $358,396 $186,907
2015 $6,393 $537,113 $353,013 $184,100
2014 $6,241 $526,592 $346,098 $180,494
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17075914

California Regional Multiple Listing Service (CRMLS)

APN: 932-940-43