$899,000 - $1,463,000
RENTED DEC 11, 2024

416 Bolero Way Newport Beach, CA 92663

2 Beds
2 Baths
1,073 Sq Ft
1,207 Sq Ft Lot

Last Sold May 17, 2024

Last sale price $870,000 $811 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $6,690/month

Highlights

  • In Ground Pool
  • Contemporary Architecture
  • Park or Greenbelt View
  • Newport Heights Elementary Rated A
  • Living Room with Fireplace
  • Granite Countertops

About This Home

As of December 2024

Welcome to 416 Bolero Way, a beautifully remodeled 2 bedroom, 2 bathroom condo in Park Lido community in Newport Beach. This turn-key home features a modern, remodeled kitchen with stainless steel appliances and white cabinets. Enjoy an inviting living space with upgraded windows, modern wood-style flooring, recessed lighting and a cozy fireplace. Step outside to your own private patio, perfect for outdoor relaxation, gardening or your morning coffee. This home features an attached and private 2 car garage and in-unit washer and dryer. As a resident of the exclusive community, you'll have access to meticulously maintained grounds and four community pools. Located just minutes from all the best that Newport Beach has to offer, stunning beaches, trendy dining and shopping on Balboa Peninsula and Lido Marina Village, this home is the perfect blend of comfort and convenience. Don't miss your chance to experience the best of coastal living!

Last Agent to Rent the Property

Natalie Kouzouyan

The Agency License #02191650 Listed on: 04/23/2024

The Agency

Last Renter's Agent

Natalie Kouzouyan

The Agency License #02191650 Listed on: 04/23/2024

The Agency

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,555

Year Built

  • Built in 1963 | Remodeled

Lot Details

  • Privacy Fence
  • Fenced
  • Lawn

Parking

  • 1 Car Garage

Home Design

  • Contemporary Architecture
  • Split Level Home

Interior Spaces

  • 1,073 Sq Ft Home
  • 1-Story Property
  • Skylights in Kitchen
  • Gas Fireplace
  • Living Room with Fireplace
  • Laminate Flooring
  • Park or Greenbelt Views

Kitchen

  • Open to Family Room
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Open Patio
  • Front Porch

Utilities

  • Central Heating

Listing and Financial Details

  • Security Deposit $3,995
  • Tenant pays for electricity, insurance, gas, water
  • Assessor Parcel Number 425-372-02

Community Details

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,555

Year Built

Built in 1963 | Remodeled

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Land Lease Purchase Yn: No
  • Rent Control: No
  • Rent Excludes: Tenant pays all utilities. Home owner pays HOA.
  • Security Deposit: 3995
  • Tenant Pays: Electricity, Insurance, Gas, Water

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Single Family Or Apt: Condo/Apt
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Living Room
  • Lease Terms: 12 Months
  • Living Area: 1073
  • Lot Acreage: 0.0277
  • Lot Dimensions: 24x54
  • Monthto Month: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1963
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Living Room
  • Flooring: Wood Laminate
  • Appliances: Microwave, Cooktop - Gas, Oven-Gas
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Primary Bedroom
  • One Quarter Bathrooms: 0
  • Bathroom Features: Remodeled
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Granite Counters, Open to Family Room, Skylight(s)
  • Laundry: Laundry Area, Room
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Microwave, Dishwasher, Refrigerator, Range/Oven, Washer, Dryer
  • Price Per S Q F T: 3.72

Exterior Features

  • Fence: Privacy
  • Patio: Patio Open, Porch - Front
  • Pool Description: In Ground, Community
  • Pool: Yes
  • Spa: Community, In Ground
  • Spa Yn: Yes
  • View: Green Belt
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage Is Attached, Private Garage, Garage, Garage - 2 Car
  • Total Parking: 1

Utilities

  • Heating: Central
  • Security: Smoke Detector, Carbon Monoxide Detector(s)

Association/Amenities

  • Amenities: Spa, Pool
  • Pet Rules: Call

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Horses: No
  • Assessor Parcel Number: 425-372-02
  • Lot Description: Fenced, Lawn
  • Lot Size Area: 1208

MLS Schools

  • School District: Newport Mesa Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
May 15, 2024
Sold by
Cochran Kristine
Bought by
Cochran Jonathan J
Seller's Agent
Tim Carr
Pacific Sotheby's Int'l Realty
Buyer's Agent
Natalie Kouzouyan
The Agency
List Price
$875,000
Sold Price
$870,000
Premium/Discount to List
-$5,000
-0.57%
Views
98
Current Estimated Value
$1,127,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,477
Avg. Annual Appreciation
26.96%
Original Mortgage
$522,000
Outstanding Balance
$515,079
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$663,056

Purchase Details

Listed on
Apr 16, 2024
Closed on
May 3, 2024
Sold by
Cochran Jonathan J and Purcell Richard S
Bought by
Fraser Jonathan William Reic and Bekarian Rosine
Seller's Agent
Tim Carr
Pacific Sotheby's Int'l Realty
Buyer's Agent
Natalie Kouzouyan
The Agency
List Price
$875,000
Sold Price
$870,000
Premium/Discount to List
-$5,000
-0.57%
Views
98

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,000
Outstanding Balance
$515,079
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$663,056

Purchase Details

Listed on
Nov 4, 2014
Closed on
Dec 11, 2014
Sold by
Meehan Michael E and Meehan Daniel L
Bought by
Cochran Jonathan J and Purcell Richard S
Seller's Agent
Eric Reichert
OCProperties
Buyer's Agent
Brian Liberto
The Agency
List Price
$499,000
Sold Price
$497,000
Premium/Discount to List
-$2,000
-0.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.15%
Original Mortgage
$447,300
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2013
Sold by
Meehan Ruby R
Bought by
Meehan Ruby R and Trust A

Purchase Details

Closed on
Oct 24, 1995
Sold by
Meehan Milton J and Meehan Ruby R
Bought by
Meehan Milton J and Meehan Ruby R
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
Cochran Jonathan J -- Wfg National Title
Purcell Richard S -- Wfg National Title
Fraser Jonathan William Reic $870,000 Wfg National Title Company
Cochran Jonathan J $497,000 Lawyers Title Company
Meehan Ruby R -- None Available
Meehan Milton J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fraser Jonathan William Reic $522,000
Previous Owner Cochran Jonathan J $440,000
Previous Owner Cochran Jonathan J $450,000
Previous Owner Cochran Jonathan J $447,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2024 12/11/24 Rented $3,995 0.0% --
05/17/2024 05/17/24 Sold $870,000 0.0% $811 / Sq Ft
04/23/2024 04/23/24 For Rent $3,995 0.0% --
04/16/2024 04/16/24 For Sale $875,000 +76.1% $815 / Sq Ft
01/02/2015 01/02/15 Sold $497,000 -0.4% $469 / Sq Ft
12/15/2014 12/15/14 Pending -- -- --
12/13/2014 12/13/14 For Sale $499,000 0.0% $471 / Sq Ft
12/08/2014 12/08/14 Pending -- -- --
11/04/2014 11/04/14 For Sale $499,000 0.0% $471 / Sq Ft
08/25/2012 08/25/12 Rented $1,795 -14.3% --
08/24/2012 08/24/12 Under Contract -- -- --
06/01/2012 06/01/12 For Rent $2,095 -- --
Source: The MLS

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 $6,555 $887,400 $815,849 $71,551
2024 $6,555 $585,604 $520,955 $64,649
2023 $6,399 $574,122 $510,740 $63,382
2022 $6,289 $562,865 $500,725 $62,140
2021 $6,170 $551,829 $490,907 $60,922
2020 $6,111 $546,171 $485,873 $60,298
2019 $5,990 $535,462 $476,346 $59,116
2018 $5,873 $524,963 $467,006 $57,957
2017 $5,770 $514,670 $457,849 $56,821
2016 $5,643 $504,579 $448,872 $55,707
2015 $1,272 $88,092 $48,692 $39,400
2014 $1,243 $86,367 $47,738 $38,629
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-455441

The MLS

APN: 425-372-02