NOT LISTED FOR SALE

59 Ocean Vista Newport Beach, CA 92660

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

3 Beds
3.5 Baths
2,683 Sq Ft
1986 Built

Last Sold October 29, 2012

Last sale price $1,265,000 $471 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $16,373/month

67 Days on Market

Highlights

  • Gated with Attendant
  • Private Pool
  • Back Bay Views
  • Abraham Lincoln Elementary School Rated A
  • No Units Above
  • All Bedrooms Downstairs

About This Home

As of October 2012

Welcome to the crown jewel of Sea Island, 59 Ocean Vista. This highly coveted single level end unit, with no neighbor upstairs, and perched atop the most elevated street in the community. Completely remodeled from top to bottom in 2009 when the current owners purchased the property in 2008, no detail or expense has been spared. With over 2,600 Sq.Ft. of living space, 3 beds/3.5 baths, the home boasts a gourmet kitchen, spa inspired bathrooms, vaulted ceilings, and expansive views over the back bay out towards the ocean. Custom accents include modern window treatments, built-in office areas, and slide out linen storage. Conveniently located in the heart of Newport Beach, Sea Island contains two pools, tennis courts, a clubhouse, and 24-hour guard gated.

Last Agent to Sell the Property

Dylan Mason

Compass License #01709074 Listed on: 07/31/2012

Compass

Co-Listed By

Mark Taylor

Compass License #01877391

Last Buyer's Agent

Jacquelyn Mitchell

Ocean Real Estates Inc License #01384399

Property 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
  • Two Garage Doors

Property Views

  • Back Bay
  • City Lights
  • Peek-A-Boo

Home Design

  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,683 Sq Ft Home
  • Open Floorplan
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Family Room
  • Dining Room
  • Den
  • Intercom

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down

Accessible Home Design

  • No Interior Steps

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 9676
  • Assessor Parcel Number 93963412

Community Details

Amenities

  • Picnic Area
  • Clubhouse
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Additional Features

  • Property has a Home Owners Association
  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,174

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 000-0000
  • Security: Gated with Guard
  • Subdivision Name Other: Sea Island - Lusk
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93963412
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2683.00
  • Interior Amenities: Granite Counters, Intercom, Open Floorplan
  • Common Walls: 2+ Common Walls, No One Above
  • Flooring: Carpet, Stone, Wood
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Gas Starter
  • Levels: One
  • Price Per Square Foot: 471.49
  • Room Type: All Bedrooms Down, Den, Family Room, Foyer
  • Spa Features: Association

Exterior Features

  • Patio: Yes
  • View: Back Bay, City Lights, Peek-A-Boo
  • Fence: No
  • Patio And Porch Features: Deck
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Composition, Shingle
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: No
  • Laundry: No
  • Appliances: Dishwasher, Gas Cooking, Disposal, Range, Refrigerator, Cooktop
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Picnic Area, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 650.00
  • Senior Community: No

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Corner Lot

Multi Family

  • Lease Considered: No

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

Listed on
Jul 31, 2012
Closed on
Sep 27, 2012
Sold by
Custer J Scott and Custer Tina
Bought by
Lingelbach Gerald A
Seller's Agent
Dylan Mason
Compass
Buyer's Agent
Jacquelyn Mitchell
Ocean Real Estates Inc
List Price
$1,349,000
Sold Price
$1,265,000
Premium/Discount to List
-$84,000
-6.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.86%

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

Purchase History

Date Buyer Sale Price Title Company
Cohen Riette J $1,942,000 First American Title Company
Jem 59 Llc -- None Available
Mitchell Jacquelyn -- None Available
Mitchell Jacquelyn Lingelbach -- Fidelity National Title Oran
Lingelbach Gerald A $1,265,000 Ticor Title
Custer J Scott -- Accommodation
Morris Joanna Jeanne -- Stewart Title
Cormier Leonard L -- Stewart Title
Custer Jay Scott $895,000 Stewart Title Company
Morris Joanna Jeanne -- None Available
Northern Trust Of California Na -- Fidelity Title
Cormier Jeanne -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Custer Jay Scott $417,000
Previous Owner Cormier Jeanne $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2012 10/29/12 Sold $1,265,000 -6.2% $471 / Sq Ft
10/06/2012 10/06/12 Pending -- -- --
09/04/2012 09/04/12 For Sale $1,349,000 +6.6% $503 / Sq Ft
09/03/2012 09/03/12 Off Market $1,265,000 -- --
09/03/2012 09/03/12 For Sale $1,349,000 +6.6% $503 / Sq Ft
08/20/2012 08/20/12 Off Market $1,265,000 -- --
07/31/2012 07/31/12 For Sale $1,349,000 -- $503 / 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 $8,174 $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: U12003062

California Regional Multiple Listing Service (CRMLS)

APN: 939-634-12