NOT LISTED FOR SALE

59 Ocean Vista Unit 56 Newport Beach, CA 92660

Estimated Value: $2,686,000 - $3,052,606

3 Beds
3.5 Baths
2,683 Sq Ft
1986 Built

Highlights

  • Ocean View
  • 24-Hour Security
  • No Units Above
  • Abraham Lincoln Elementary School Rated A
  • Private Pool
  • All Bedrooms Downstairs

About This Home

As of May 2016

Welcome to the crown jewel of Sea Island. This highly coveted single level end unit, with no neighbor upstairs, perched atop the most elevated street in the community. Completely remodeled in 2009. Over 2,600 Sq.Ft of living space, 3 beds/ 3.5 baths fully furnished with coastal living decor throughout. The home boasts a gourmet kitchen, spa inspired bathrooms, vaulted ceilings, and expansive views over the Back Bay and out towards the ocean. Conveniently located in the heart of Newport Beach, Sea Island contains two pools, tennis courts, clubhouse and 24hour guard gate. Also available unfurnished.

Last Agent to Rent the Property

Jacquelyn Mitchell

Ocean Real Estates Inc License #01384399 Listed on: 12/21/2015

Last Renter's Agent

Jacquelyn Mitchell

Ocean Real Estates Inc License #01384399 Listed on: 12/21/2015

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,174

Year Built

  • Built in 1986

Lot Details

  • No Units Above
  • Two or More Common Walls

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Back Bay

Home Design

  • Stucco

Interior Spaces

  • 2,683 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Electric Fireplace
  • Gas Fireplace
  • Awning
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Bedrooms Down
  • Walk-In Closet
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Fireplace in Patio
  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Shared Septic

Listing and Financial Details

  • Security Deposit $12,000
  • Rent includes association dues, trash collection
  • 12-Month Minimum Lease Term
  • Tax Lot 12
  • Tax Tract Number 9676
  • Assessor Parcel Number 93963412

Community Details

Overview

  • Property has a Home Owners Association
  • 133 Units

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security
  • Carbon Monoxide Detectors

Condo Details

Home Type

Condominium

Est. Annual Taxes

$8,174

Year Built

Built in 1986

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Security: 12000
  • Furnished: Furnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Inclusions: Trash, Association Dues
  • Other Phone Description: (949) 244-0242
  • Property Attached: Yes
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Gated with Guard
  • Subdivision Name Other: Sea Island - Lusk (SILK)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93963412
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2683.00
  • Interior Amenities: Furnished, Granite Counters, Open Floorplan
  • Common Walls: 2+ Common Walls, No One Above
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Bath, Dining Room, Electric, Family Room, Gas, Kitchen, Living Room, Master Bedroom, Patio
  • Levels: One
  • Price Per Square Foot: 2.80
  • Room Type: All Bedrooms Down, Family Room, Living Room, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Closet
  • Spa Features: Association

Exterior Features

  • Patio: Yes
  • Exterior Features: Awning(s)
  • View: Back Bay, Ocean
  • Patio And Porch Features: Patio
  • Pool Features: Association, Community
  • Pool Private: Yes
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop
  • Heating Type: Central
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Shared Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Guard, Pool, Spa/Hot Tub, Tennis Court(s)
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Features: Corner Lot

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Number Of Units In Community: 133
  • Number Of Units Total: 133
  • Rent Includes: Association Dues, Trash Collection

Tax Info

  • Tax Lot: 12
  • Tax Tract Number: 9676

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2020
Sold by
Jem 59 Llc
Bought by
Cohen Riette J and Cohen Family Trust
Current Estimated Value
$2,879,869

Purchase Details

Closed on
Oct 10, 2016
Sold by
Mitchell Jacquelyn
Bought by
Jem 59 Llc

Purchase Details

Closed on
Aug 7, 2013
Sold by
Lingelbach Gerald A
Bought by
Mitchell Jacquelyn Lingelbach

Purchase Details

Closed on
Sep 27, 2012
Sold by
Custer J Scott and Custer Tina
Bought by
Lingelbach Gerald A

Purchase Details

Closed on
Jun 30, 2009
Sold by
Custer Jay Scott and Custer Tina
Bought by
Custer J Scott and Custer Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2009
Sold by
Morris Rodney
Bought by
Morris Joanna Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 2009
Sold by
Cormier Gloria
Bought by
Cormier Leonard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2009
Sold by
Morris Joanna Jeanne and Byrne Cristina Sue
Bought by
Custer Jay Scott and Custer Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2008
Sold by
Northern Trust Na
Bought by
Morris Joanna Jeanne and Byrne Cristina Sue

Purchase Details

Closed on
May 23, 2003
Sold by
Cormier Jeanne
Bought by
Northern Trust Of California Na and Jeanne Cormier Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 2003
Sold by
Northern Trust Of California Na
Bought by
Cormier Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
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

Property History

Date Event Price Change Sq Ft Price
05/12/2016 05/12/16 Rented $7,500 0.0% --
05/01/2016 05/01/16 Under Contract -- -- --
01/11/2016 01/11/16 Price Changed $7,500 -6.3% $3 / Sq Ft
12/21/2015 12/21/15 For Rent $8,000 -- --
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 $8,174 $761,812 $432,887 $328,925
2024 $8,174 $746,875 $424,399 $322,476
2023 $7,978 $732,231 $416,078 $316,153
2022 $7,841 $717,874 $407,920 $309,954
2021 $7,765 $703,799 $399,922 $303,877
2020 $15,285 $1,417,930 $1,145,385 $272,545
2019 $14,971 $1,390,128 $1,122,927 $267,201
2018 $14,673 $1,362,871 $1,100,909 $261,962
2017 $17,456 $1,625,000 $1,373,853 $251,147
2016 $14,092 $1,309,950 $1,058,159 $251,791
2015 $13,959 $1,290,274 $1,042,265 $248,009
2014 $13,631 $1,265,000 $1,021,849 $243,151
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG15264949

California Regional Multiple Listing Service (CRMLS)

APN: 939-634-12