NOT LISTED FOR SALE

421 E Bay Ave Unit 1 Newport Beach, CA 92661

Central Newport Beach Neighborhood

Estimated Value: $1,502,000 - $1,958,000

2 Beds
2 Baths
1,219 Sq Ft
$175/mo HOA Fee

Last Sold July 25, 2019

Last sale price $885,500 $726 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $10,173/month

243 Days on Market

Highlights

  • No Units Above
  • Bay View
  • Main Floor Primary Bedroom
  • Newport Elementary School Rated A
  • Primary Bedroom Suite
  • 2 Car Attached Garage

About This Home

As of July 2019

This condominium is on the Balboa Peninsula very close to restaurants, shopping, sport fishing, Balboa Village, the pavilion, the bay and the beautiful beaches of Balboa Peninsula. This condo has been remodeled and updated. There are 2 master suites, one up and one down. The upstairs kitchen, living room and bedroom all have vaulted and beamed ceilings. Both baths have double sinks. the main floor master bath features a spa tub, walk-in closet and a slider leading out to a patio. The kitchen is open to the living room which has a slider leading out to a deck. There is a peek view of the bay from the deck off of the living room.

Last Agent to Sell the Property

Tim Herrick

First Team Real Estate License #00930765 Listed on: 10/13/2018

First Team Real Estate

Last Buyer's Agent

Jarrod Frey

Compass License #01236927

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,305

Year Built

  • Built in 1972

Lot Details

  • No Units Above
  • End Unit
  • No Units Located Below
  • Two or More Common Walls

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage

Property Views

  • Bay
  • Peek-A-Boo
  • Neighborhood

Interior Spaces

  • 1,219 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Slab Porch or Patio
  • Forced Air Heating System

Community Details

  • 8 Units
  • Balboa Peninsula Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10135
  • Assessor Parcel Number 93652001

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,305

Year Built

Built in 1972

Lot Details

0

HOA Fees

$175 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93652001
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1219.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls, End Unit, No One Above, No One Below
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 726.42
  • Room Type: Kitchen, Living Room, Main Floor Master Bedroom, Master Suite, Two Masters, Walk-In Closet

Exterior Features

  • Patio: Yes
  • View: Bay, Neighborhood, Peek-A-Boo
  • Patio And Porch Features: Concrete, Patio, Slab
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 175.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 8
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 628.00
  • Tax Lot: 1
  • Tax Tract Number: 10135

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2018
Closed on
Jun 21, 2019
Sold by
Ziesche Gary and Ziesche Vicki Lee
Bought by
Gillfillan Keith
Seller's Agent
Tim Herrick
First Team Real Estate
Buyer's Agent
Jarrod Frey
Compass
List Price
$995,000
Sold Price
$885,500
Premium/Discount to List
-$109,500
-11.01%
Current Estimated Value
$1,654,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$769,305
Avg. Annual Appreciation
10.39%
Original Mortgage
$549,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2004
Sold by
Ziesche Gary and Ziesche Vicki Lee
Bought by
Ziesche Gary and Ziesche Vicki Lee

Purchase Details

Closed on
Feb 7, 2003
Sold by
Ziesche Gary and Ziesche Vicki L
Bought by
Ziesche Gary and Ziesche Vicki Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
5.93%

Purchase Details

Closed on
Jan 6, 2000
Sold by
Gary Ziesche and Gary Vicki L
Bought by
Ziesche Gary and Ziesche Vicki L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gillfillan Keith $885,500 Western Resources Title Co
Ziesche Gary -- --
Ziesche Gary -- Ticor
Ziesche Gary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillfillan Keith $100,000
Open Gillfillan Keith $552,400
Closed Gillifillan Keith $548,000
Closed Gillfillan Keith $549,000
Previous Owner Ziesche Gary $266,500
Previous Owner Ziesche Gary $306,000
Previous Owner Ziesche Gary $306,000
Previous Owner Ziesche Gary $180,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2019 07/25/19 Sold $885,500 -8.6% $726 / Sq Ft
06/13/2019 06/13/19 Pending -- -- --
05/08/2019 05/08/19 Price Changed $969,000 -2.1% $795 / Sq Ft
03/29/2019 03/29/19 Price Changed $990,000 -0.5% $812 / Sq Ft
10/13/2018 10/13/18 For Sale $995,000 0.0% $816 / Sq Ft
12/26/2017 12/26/17 Rented $3,250 -7.1% --
11/02/2017 11/02/17 For Rent $3,500 0.0% --
05/31/2017 05/31/17 Rented $3,500 0.0% --
05/09/2017 05/09/17 For Rent $3,500 +11.1% --
04/02/2013 04/02/13 Rented $3,150 -8.7% --
04/02/2013 04/02/13 Under Contract -- -- --
02/07/2013 02/07/13 For Rent $3,450 -- --
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 $10,305 $949,433 $852,822 $96,611
2023 $10,060 $930,817 $836,100 $94,717
2022 $10,333 $912,566 $819,706 $92,860
2021 $10,275 $894,673 $803,633 $91,040
2020 $10,179 $885,500 $795,393 $90,107
2019 $3,690 $268,230 $183,372 $84,858
2018 $3,672 $262,971 $179,776 $83,195
2017 $3,613 $257,815 $176,251 $81,564
2016 $3,547 $252,760 $172,795 $79,965
2015 $3,530 $248,964 $170,200 $78,764
2014 $3,445 $244,088 $166,866 $77,222
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Tim Herrick

    First Team Real Estate

    (949) 306-7974

    5 Total Sales

    Section Image
  • Jarrod Frey

    Buyer's Agent in 2019

    Jarrod Frey

    Compass

    (949) 244-5742

    12 Total Sales

    Section Image
  • Robert Clarke

    Seller's Agent in 2017

    Robert Clarke

    Compass

    (949) 717-7100

    9 Total Sales

    Section Image

  • K

    Buyer's Agent in 2017

    Kiryat Jacobs

    RE/MAX

  • Lori McGuire

    Buyer's Agent in 2013

    Lori McGuire

    RE/MAX

    (949) 248-8401

    292 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18251762

California Regional Multiple Listing Service (CRMLS)

APN: 936-520-01

California Orange County Newport Beach 92661 Central Newport Beach

421 E Bay Ave Unit 1, Newport Beach, CA

This home is located at 421 E Bay Ave Unit 1, Newport Beach, CA 92661 since 13 October 2018 and is currently estimated at $1,701,364, approximately $1,395 per square foot. This property was built in 1972. 421 E Bay Ave Unit 1 is a home located in Orange County with nearby schools including Newport Elementary School, Horace Ensign Intermediate School, and Newport Harbor High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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