NOT LISTED FOR SALE

600 E Oceanfront Unit 2B Newport Beach, CA 92661

Balboa Peninsula Point Neighborhood

Estimated Value: $1,758,022 - $2,554,000

3 Beds
2 Baths
1,260 Sq Ft
$428/mo HOA Fee

Last Sold April 30, 2018

Last sale price $1,315,000 $1,044 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $11,883/month

9 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Ocean Side of Highway 1
  • Newport Elementary School Rated A
  • Property has ocean access
  • 3-minute walk to Balboa Peninsula Park

About This Home

As of April 2018

Oceanfront corner condo across from the Balboa Pier in the Newport Beach Peninsula. With beautiful ocean views, this spacious, bright, and open 3 bedroom 2 bathroom condo will make everyday feel like a vacation. The location cannot be beat - with the Balboa Pier on one side and directly across from the Ferry & Balboa Fun Zone on the other side, everything you need is within a couple blocks reach. The condo boasts hardwood floors throughout, a modern kitchen with granite counters, crown molding, and very spacious bedrooms. Most importantly, the layout is ideal - offering stunning ocean views from the kitchen, nook, family room, and master bedroom. The unit is in a secure, gated building with 2 parking spots in an underground gated structure. This is a gem you won't want to miss!

Last Agent to Sell the Property

Abdul Mozayeni

ABCO Realty and Investment License #00835807 Listed on: 03/13/2018

Last Buyer's Agent

Abdul Mozayeni

ABCO Realty and Investment License #00835807 Listed on: 03/13/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,762

Year Built

  • Built in 1901

Lot Details

  • Beach Front
  • 1 Common Wall

HOA Fees

  • $428 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available
  • Controlled Entrance
  • Community Parking Structure

Interior Spaces

  • 1,260 Sq Ft Home
  • 3-Story Property
  • White Water Ocean Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Property has ocean access
  • Ocean Side of Highway 1
  • Patio
  • Rear Porch

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 7599
  • Assessor Parcel Number 93216010

Community Details

Overview

  • 24 Units
  • Rendevous HOA, Phone Number (714) 557-5900

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,762

Year Built

Built in 1901

Lot Details

0

HOA Fees

$428 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93216010
  • Year Built: 1901
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1260.00 Square Feet
  • Stories: 3
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1043.65

Exterior Features

  • Patio: Yes
  • View: Ocean, White Water
  • Patio And Porch Features: Patio, Rear Porch
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Community Structure, Controlled Entrance, Covered, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Phone Extension: 117
  • Amenities: Controlled Access
  • Association Fee: 428.00
  • Association Fee Frequency: Monthly
  • Association Name: Rendevous HOA
  • Phone: 714-557-5900
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

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

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 24
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front, Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 7599

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2018
Closed on
Apr 18, 2018
Sold by
Sand Matt
Bought by
Sand Lily Mozayeni
Seller's Agent
Abdul Mozayeni
ABCO Realty and Investment
Buyer's Agent
Abdul Mozayeni
ABCO Realty and Investment
List Price
$1,350,000
Sold Price
$1,315,000
Premium/Discount to List
-$35,000
-2.59%
Current Estimated Value
$2,094,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$779,006
Avg. Annual Appreciation
5.21%
Original Mortgage
$600,000
Outstanding Balance
$523,643
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$1,390,870

Purchase Details

Listed on
Mar 13, 2018
Closed on
Mar 28, 2018
Sold by
Mozayeni Abdul and Mozayeni Maryam R
Bought by
Kiralla John Charles and Kiralla Kathleen Marie
Seller's Agent
Abdul Mozayeni
ABCO Realty and Investment
Buyer's Agent
Abdul Mozayeni
ABCO Realty and Investment
List Price
$1,350,000
Sold Price
$1,315,000
Premium/Discount to List
-$35,000
-2.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$523,643
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$1,390,870

Purchase Details

Closed on
Jul 14, 2017
Sold by
Mozayeni Abdul and Mozayeni Maryam R
Bought by
Mozayeni Abdul and Mozayeni Maryam R

Purchase Details

Closed on
Jun 28, 2017
Sold by
Mozayeni Abdul and Mozayeni Maryam R
Bought by
Mozayeni Abdul and Mozayeni Maryam R

Purchase Details

Listed on
Oct 24, 2016
Closed on
Mar 10, 2017
Sold by
Thompson Patrick
Bought by
Mozayeni Abdul and Mozayeni Maryam R
Seller's Agent
Rosa Baghdasarian
Network Realty
Buyer's Agent
Arthur Ambarachyan
National Properties Inc.
List Price
$102,416
Sold Price
$900,000
Premium/Discount to List
$797,584
778.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.31%
Original Mortgage
$675,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 8, 2012
Sold by
Thompson Patrick
Bought by
Thompson Patrick and The 600 E Oceanfront #2B Trust

Purchase Details

Closed on
Jun 6, 2008
Sold by
Hanna Arousiag
Bought by
Barry R Edwards & Cook Islands Trust Ltd and Vo/Ah/Th Trust

Purchase Details

Closed on
Nov 27, 1996
Sold by
Inglis Sally H and Inglis John C
Bought by
Thompson Patrick G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.62%

Purchase Details

Closed on
Aug 30, 1993
Sold by
Inglis Sally H and Inglis John C
Bought by
Inglis John C and Inglis Sally H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,600
Interest Rate
7.2%
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
Sand Lily Mozayeni -- First American Title Co
Mozayeni Ali -- First American Title Co
Mozayeni Esan -- First American Title Co
Kiralla John Charles -- First American Title Co
Mozayeni Abdul -- None Available
Mozayeni Abdul -- Accommodation
Mozayeni Abdul $900,000 Stewart Title
Thompson Patrick -- None Available
Barry R Edwards & Cook Islands Trust Ltd -- None Available
Thompson Patrick G $260,000 Guardian Title Company
Inglis John C -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kiralla John Charles $600,000
Previous Owner Mozayeni Abdul $675,000
Previous Owner Thompson Patrick G $170,000
Previous Owner Thompson Patrick G $1,000,000
Previous Owner Thompson Patrick G $150,000
Previous Owner Thompson Patrick G $88,000
Previous Owner Thompson Patrick G $386,250
Previous Owner Thompson Patrick G $328,000
Previous Owner Thompson Patrick G $249,300
Previous Owner Thompson Patrick G $208,000
Previous Owner Inglis John C $163,600
Closed Thompson Patrick G $39,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $1,315,000 -2.6% $1,044 / Sq Ft
03/13/2018 03/13/18 For Sale $1,350,000 +50.0% $1,071 / Sq Ft
03/30/2017 03/30/17 Sold $900,000 +778.8% $714 / Sq Ft
01/12/2017 01/12/17 Pending -- -- --
10/24/2016 10/24/16 For Sale $102,416 -- $81 / 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 $4,762 $423,975 $252,532 $171,443
2024 $4,762 $415,662 $247,580 $168,082
2023 $4,647 $407,512 $242,725 $164,787
2022 $4,566 $399,522 $237,966 $161,556
2021 $4,481 $391,689 $233,300 $158,389
2020 $14,760 $1,368,126 $1,268,066 $100,060
2019 $14,457 $1,341,300 $1,243,201 $98,099
2018 $9,985 $909,000 $817,066 $91,934
2017 $4,279 $364,863 $261,065 $103,798
2016 $4,190 $357,709 $255,946 $101,763
2015 $4,152 $352,336 $252,101 $100,235
2014 $4,055 $345,435 $247,163 $98,272
Source: Public Records

Agents Affiliated with this Home

  • Abdul Mozayeni

    Seller's Agent in 2018

    Abdul Mozayeni

    ABCO Realty and Investment

    (949) 833-8917

    1 Total Sale

    Abdul Mozayeni
    Section Image

  • R

    Seller's Agent in 2017

    Rosa Baghdasarian

    Network Realty

    (818) 731-2218

    4 Total Sales

    Rosa Baghdasarian
    Section Image

  • A

    Buyer's Agent in 2017

    Arthur Ambarachyan

    National Properties Inc.

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18057847

California Regional Multiple Listing Service (CRMLS)

APN: 932-160-10

California Orange County Newport Beach 92661 Balboa Peninsula Point

600 E Oceanfront Unit 2B, Newport Beach, CA

This home is located at 600 E Oceanfront Unit 2B, Newport Beach, CA 92661 since 13 March 2018 and is currently estimated at $2,094,006, approximately $1,661 per square foot. This property was built in 1901. 600 E Oceanfront Unit 2B is a home located in Orange County with nearby schools including Newport Elementary School, Horace Ensign Intermediate School, and Newport Harbor High School.

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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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