NOT LISTED FOR SALE

600 E Oceanfront Unit 2B Newport Beach, CA 92661

Balboa Peninsula Point Neighborhood

Estimated Value: $1,781,000 - $2,232,000

3 Beds
2 Baths
1,260 Sq Ft
1901 Built

Sale Details

Date Sold: April 30, 2018

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

Est. 50% increase in value since last sale

Current estimated payment $11,437 / mo

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

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 closet

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

Year Built

Built in 1901

Lot Details

0 Sq Ft Lot

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
  • Common Walls: 1 Common Wall
  • Full 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

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2018
Closed on
Apr 18, 2018
Sold by
Bought by
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
$1,976,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$661,229
Avg. Annual Appreciation
5.13%
Original Mortgage
$600,000
Outstanding Balance
$515,990
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$1,460,239

Purchase Details

Listed on
Mar 13, 2018
Closed on
Mar 28, 2018
Sold by
Bought by
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
$515,990
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$1,460,239

Purchase Details

Closed on
Jul 14, 2017
Sold by
Bought by

Purchase Details

Closed on
Jun 28, 2017
Sold by
Bought by

Purchase Details

Listed on
Oct 24, 2016
Closed on
Mar 10, 2017
Sold by
Bought by
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
8.90%
Original Mortgage
$675,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 8, 2012
Sold by
Bought by

Purchase Details

Closed on
Jun 6, 2008
Sold by
Bought by

Purchase Details

Closed on
Nov 27, 1996
Sold by
Bought by

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
Bought by

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title Co
-- First American Title Co
-- First American Title Co
-- First American Title Co
-- None Available
-- Accommodation
$900,000 Stewart Title
-- None Available
-- None Available
$260,000 Guardian Title Company
-- Commonwealth Land Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $600,000
Previous Owner $675,000
Previous Owner $208,000
Previous Owner $163,600
Closed $39,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

    Abdul Mozayeni
    Section Image

  • R

    Seller's Agent in 2017

    Rosa Baghdasarian

    Network Realty

    (818) 731-2218

    5 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

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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