T
Seller's Agent in 2013
Terry Hunter
Hunter-Broker
406 E Bay Ave Unit E Newport Beach, CA 92661
Central Newport Beach NeighborhoodEstimated Value: $1,371,901 - $2,086,000
2
Beds
2.5
Baths
1,300
Sq Ft
$1,381/Sq Ft
Est. Value
Highlights
- Primary Bedroom Suite
- Open Floorplan
- Cathedral Ceiling
- Newport Elementary School Rated A
- Contemporary Architecture
- Granite Countertops
About This Home
As of October 2013MASSIVE Price Drop!! 2 blocks from the Balboa Peninsula Fun Zone & just 4 blocks from the Balboa Pier! Wow! Surf the "Wedge", eat in one of the many restaurants in Balboa Village, then walk home... truly "living large" at the beach. Speaking of the beach, just cross Balboa Blvd (1 block away) to find yourself right on the beach and boardwalk... miles and miles of it! Since this home is on the lightly-traveled one-way East Bay Avenue, you avoid all the commotion of being right on Balboa Blvd, but still are "beach-close". You're only 1/2 block away from the bay, close to paddle boat, kayak, bike and Segway rentals... or you could hop the ferry to Balboa Island or head out for Avalon on Catalina. It's all at your command. Parking is at a premium on the Peninsula, so it's important that this home has a 2-car garage. It also effectively has 2 master suites, with a guest bath on the wide-open and spacious main floor. Private patio, away from any garage noise. It's a great set-up for a vacation rental, too. The price? Good news on this home... last we checked, it was hundreds of thousands of dollars less than ANY other 2-bedroom or larger home on the Peninsula. Check it out and to see what an opportunity this is to make the Balboa Peninsula YOUR home!
Last Agent to Sell the Property
Terry Hunter
Hunter-Broker License #00573681 Listed on: 08/22/2013
Last Buyer's Agent
Terry Hunter
Hunter-Broker License #00573681 Listed on: 08/22/2013
Townhouse Details
Home Type
- Townhome
Year Built
- Built in 1984
Lot Details
- 100 Sq Ft Lot
- Two or More Common Walls
HOA Fees
- $275 Monthly HOA Fees
Parking
- 2 Car Garage
- Parking Available
- Rear-Facing Garage
Home Design
- Contemporary Architecture
- Turnkey
- Slab Foundation
- Shingle Roof
Interior Spaces
- 1,300 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Cathedral Ceiling
- Ceiling Fan
- Window Screens
- Sliding Doors
- Living Room with Fireplace
- Combination Dining and Living Room
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Gas Cooktop
- Range Hood
- Microwave
- Granite Countertops
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom Suite
- Double Master Bedroom
Laundry
- Laundry Room
- Stacked Washer and Dryer
Home Security
Outdoor Features
- Concrete Porch or Patio
- Rain Gutters
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 12035
- Assessor Parcel Number 93652018
Community Details
Overview
- Master Insurance
- 10 Units
- Spinnaker Bay Association
- Maintained Community
Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 28, 2025
Sold by
Moloo Polly and Moloo Amynah
Bought by
Amynah Moloo Revocable Trust and Polly Moloo Revocable Trust
Current Estimated Value
Purchase Details
Listed on
Aug 22, 2013
Closed on
Oct 7, 2013
Sold by
Moore John L and Moore Laurie
Bought by
Moloo Polly and Moloo Amynah
Seller's Agent
Terry Hunter
Hunter-Broker
Buyer's Agent
Terry Hunter
Hunter-Broker
List Price
$775,000
Sold Price
$680,000
Premium/Discount to List
-$95,000
-12.26%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.29%
Purchase Details
Closed on
Apr 20, 2005
Sold by
Heagle Sharleen Ann
Bought by
Heagle Richard J and Heagle Sharleen Ann
Purchase Details
Closed on
Apr 18, 2005
Sold by
Heagle Sharleen Ann and Heagle Richard J
Bought by
Moore John L and Moore Laurie
Purchase Details
Closed on
Jan 26, 2004
Sold by
Heagle Richard John
Bought by
Heagle Sharleen Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.79%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 29, 2000
Sold by
Ronald Anderson and Ronald Laura
Bought by
Heagle Richard John and Heagle Sharleen Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
8.21%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Aug 13, 1998
Sold by
Ronald Anderson and Ronald Laura
Bought by
Anderson Ronald E and Anderson Laura J
Purchase Details
Closed on
Aug 10, 1995
Sold by
Stivers David T and Stivers Karla F
Bought by
Anderson Ronald E and Anderson Laura J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
7.63%
Purchase Details
Closed on
Jan 21, 1994
Sold by
Stivers David T
Bought by
Seely Theodore W
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Amynah Moloo Revocable Trust | -- | None Listed On Document | |
| Moloo Polly | $680,000 | Orange Coast Title Co Of Sou | |
| Heagle Richard J | -- | Lawyers Title | |
| Moore John L | $791,500 | Lawyers Title | |
| Heagle Sharleen Ann | -- | Fidelity National Title | |
| Heagle Richard John | $335,000 | First Southwestern Title Co | |
| Anderson Ronald E | -- | -- | |
| Anderson Ronald E | $225,000 | Fidelity National Title Ins | |
| Seely Theodore W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Heagle Sharleen Ann | $420,000 | |
| Previous Owner | Heagle Richard John | $268,000 | |
| Previous Owner | Anderson Ronald E | $202,500 | |
| Closed | Heagle Richard John | $50,250 | |
| Closed | Moore John L | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/25/2013 10/25/13 | Sold | $680,000 | -2.8% | $523 / Sq Ft |
| 10/04/2013 10/04/13 | Pending | -- | -- | -- |
| 09/20/2013 09/20/13 | Price Changed | $699,900 | -9.7% | $538 / Sq Ft |
| 08/22/2013 08/22/13 | For Sale | $775,000 | -- | $596 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,988 | $833,583 | $720,420 | $113,163 |
| 2024 | $8,988 | $817,239 | $706,294 | $110,945 |
| 2023 | $8,775 | $801,215 | $692,445 | $108,770 |
| 2022 | $9,046 | $785,505 | $678,867 | $106,638 |
| 2021 | $9,025 | $770,103 | $665,555 | $104,548 |
| 2020 | $8,941 | $762,207 | $658,731 | $103,476 |
| 2019 | $8,789 | $747,262 | $645,814 | $101,448 |
| 2018 | $8,678 | $732,610 | $633,151 | $99,459 |
| 2017 | $8,532 | $718,246 | $620,737 | $97,509 |
| 2016 | $8,354 | $704,163 | $608,565 | $95,598 |
| 2015 | $8,295 | $693,586 | $599,423 | $94,163 |
| 2014 | $8,098 | $680,000 | $587,681 | $92,319 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC13169902
APN: 936-520-18
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