NOT LISTED FOR SALE

427 Bolero Way Newport Beach, CA 92663

Estimated Value: $1,090,000 - $1,423,802

3 Beds
2.5 Baths
1,440 Sq Ft
$888/Sq Ft Est. Value

Last Sold December 06, 2018

Last sale price $660,000 $458 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $7,937/month

86 Days on Market

Highlights

  • Updated Kitchen
  • Midcentury Modern Architecture
  • Wood Flooring
  • Newport Heights Elementary Rated A
  • Cathedral Ceiling
  • Pool View

About This Home

As of December 2018

BACK ON MARKET!!! 3 bedroom, 2.5 bath, 2 story Newport Beach townhouse that's move in ready, close to the beach, and a great price with LOW HOA's (only $255) and NO LAND LEASE. This property has been upgraded with scraped and textured ceilings, recessed lighting, ceiling fans, NEW DUAL PANE WINDOWS throughout, fresh paint, hardwood floors, new carpet and padding in the bedrooms, NEW ROOF in 2017, and much, much more. Just a short walk to the beach, restaurants, or Sunset Ridge Park provides plenty of entertainment. Parking includes a 2 car carport, plus 1 additional resident parking pass (Can be converted to 2 car garage). With 4 pools for the small 98 unit community, there should almost always be a pool lounger available. Did I mention the pool gate is just steps away from the back gate to your large patio that's a perfect spot to relax and decompress after a long day of work. This is a beautiful property in a great location that it's new owners will love.

Last Agent to Sell the Property

Jared Hines

Harbor View Realty License #01343717 Listed on: 06/28/2018

Last Buyer's Agent

Chris Im

Core Capital Realty Inc License #02020170

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,542

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 1,428 Sq Ft Lot
  • Northwest Facing Home
  • Zero Lot Line

HOA Fees

  • $255 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Parking Permit Required

Home Design

  • Midcentury Modern Architecture
  • Turnkey
  • Fire Rated Drywall
  • Composition Roof

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Plantation Shutters
  • Entryway
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Pool Views

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Double Oven
  • Electric Oven
  • Electric Range
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Remodeled Bathroom
  • Makeup or Vanity Space
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer and Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Pest Guard System

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting
  • Shed

Schools

  • Newport Heights Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • 220 Volts in Kitchen
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Suburban Location

Listing and Financial Details

  • Tax Lot 40
  • Tax Tract Number 4692
  • Assessor Parcel Number 42537328

Community Details

Overview

  • Park Lido Association Inc. Association, Phone Number (714) 544-7755
  • Maintained Community

Amenities

  • Picnic Area

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,542

Year Built

Built in 1964 | Remodeled

Lot Details

0

HOA Fees

$255 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Park Lido (PKLI)
  • View: Yes
  • Architectural Style: Mid Century Modern
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42537328
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1440.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Unfurnished
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, In Living Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 458.33
  • Room Type: All Bedrooms Up, Entry, Kitchen, Living Room, Master Bathroom, Master Bedroom
  • Window Features: Double Pane Windows, Plantation Shutters
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower, Shower In Tub, Exhaust Fan(s), Remodeled, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Direction Faces: Northwest
  • Other Structures: Shed(s)
  • View: Pool
  • Patio And Porch Features: Brick, Enclosed, Patio
  • Pool Features: Community
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Drywall Walls

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered, Garage, Permit Required
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Electric Oven, Electric Range, Disposal, Gas Water Heater, Range Hood
  • Electric: 220 Volts in Kitchen
  • Heating Type: Central, Forced Air
  • Laundry Features: Electric Dryer Hookup, In Kitchen, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Picnic Area, Pest Control, Maintenance Grounds, Pet Rules, Call for Rules
  • Association Fee: 255.00
  • Association Fee Frequency: Monthly
  • Association Name: Park Lido Association Inc.
  • Phone: 7145447755
  • Senior Community: No
  • Community Features: Street Lights, Suburban

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport Heights
  • Middle School: Ensign
  • High School: Newport Harbor
  • Elementary School: Newport Heights
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWHEI
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Zero Lot Line
  • Lot Size Sq Ft: 1428.00
  • Lot Size Acres: 0.0328

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1428.0000 Square Feet
  • Number Of Units In Community: 98
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 636.03
  • Tax Lot: 40
  • Tax Tract Number: 4692

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2021
Sold by
Mcmanus Kellen M
Bought by
Mcmanus Kellen and Le Jennifer
Current Estimated Value
$1,279,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Outstanding Balance
$543,817
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$647,021

Purchase Details

Listed on
Jun 28, 2018
Closed on
Nov 14, 2018
Sold by
Hines Jared A
Bought by
Mcmanus Kellen M and Mcmanus Terrece W
Seller's Agent
Jared Hines
Harbor View Realty
Buyer's Agent
Chris Im
Core Capital Realty Inc
List Price
$678,000
Sold Price
$660,000
Premium/Discount to List
-$18,000
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%
Original Mortgage
$594,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2012
Sold by
Hines Henry J and Hines Vita L
Bought by
Hines Jared A

Purchase Details

Closed on
Oct 25, 2007
Sold by
Hines Jared A
Bought by
Hines Jared A and Hines Henry J

Purchase Details

Closed on
Mar 11, 2005
Sold by
Willett Marlene and Peterson Donnette
Bought by
Hines Jared Ashton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,920
Interest Rate
1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Mcmanus Kellen -- Wfg Title Co Of Ca San Diego
Mcmanus Kellen M -- Chicago Title Company
Mcmanus Kellen M $660,000 First American Title Co
Hines Jared A -- First American Title Co
Hines Jared A -- None Available
Hines Jared A -- Accommodation
Hines Jared Ashton $485,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmanus Kellen $115,000
Open Mcmanus Kellen $588,000
Closed Mcmanus Kellen M $594,000
Previous Owner Hines Jared Ashton $50,000
Previous Owner Hines Jared Ashton $449,000
Previous Owner Hines Jared Ashton $387,920
Closed Hines Jared Ashton $48,490
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2018 12/06/18 Sold $660,000 -2.7% $458 / Sq Ft
10/04/2018 10/04/18 For Sale $678,000 0.0% $471 / Sq Ft
09/22/2018 09/22/18 Pending -- -- --
09/07/2018 09/07/18 Price Changed $678,000 -0.1% $471 / Sq Ft
08/18/2018 08/18/18 Price Changed $678,600 -2.9% $471 / Sq Ft
07/23/2018 07/23/18 Price Changed $698,700 -2.3% $485 / Sq Ft
06/28/2018 06/28/18 For Sale $714,900 -- $496 / 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
2025 $8,542 $789,949 $700,035 $89,914
2024 $8,542 $774,460 $686,309 $88,151
2023 $8,340 $759,275 $672,852 $86,423
2022 $8,198 $744,388 $659,659 $84,729
2021 $7,521 $680,174 $582,536 $97,638
2020 $7,448 $673,200 $576,563 $96,637
2019 $7,299 $660,000 $565,257 $94,743
2018 $6,525 $594,028 $499,285 $94,743
2017 $6,409 $582,381 $489,495 $92,886
2016 $6,266 $570,962 $479,897 $91,065
2015 $6,205 $562,386 $472,688 $89,698
2014 $5,970 $543,000 $462,533 $80,467
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18151839

California Regional Multiple Listing Service (CRMLS)

APN: 425-373-28