$900,000
SOLD MAR 30, 2017
3 Beds
2 Baths
1,260 Sq Ft
1901 Built

Recently Sold

$714 Per Sq Ft

779% Above List Price

80 Days on Market

Highlights

  • Coastline Views
  • End Unit
  • Level Lot
  • Newport Elementary School Rated A
  • Laundry Room
  • 3-minute walk to Balboa Peninsula Park

About This Home

As of April 2018

A 3bedroom 2 bath condo in beautiful area of Newport. .

Last Agent to Sell the Property

Rosa Baghdasarian

Network Realty License #00945083 Listed on: 10/24/2016

Last Buyer's Agent

Arthur Ambarachyan

National Properties Inc. License #01351863

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,762

Year Built

  • Built in 1901

Lot Details

  • End Unit
  • 1 Common Wall

Parking

  • 1 Car Garage

Interior Spaces

  • 1,260 Sq Ft Home
  • Coastline Views

Kitchen

  • Gas and Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Utilities

  • Radiant Heating System

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,762

Year Built

Built in 1901

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93216010
  • Year Built: 1901
  • Special Features: 12

Interior Features

  • Fireplace: No
  • Living Area: 1260.00 Square Feet
  • Common Walls: 1 Common Wall, End Unit
  • Appliances: Yes
  • 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: 714.29
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Coastline
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas & Electric Range
  • Heating Type: Radiant
  • Laundry Features: In Closet, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 389.20
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Newport Mesa Unified

Lot Info

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

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 628.00
  • 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 Type Sale Price Title Company
Interfamily Deed Transfer -- First American Title Co
Grant Deed -- First American Title Co
Interfamily Deed Transfer -- First American Title Co
Grant Deed -- First American Title Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Accommodation
Grant Deed $900,000 Stewart Title
Interfamily Deed Transfer -- None Available
Deed -- None Available
Grant Deed $260,000 Guardian Title Company
Grant Deed -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 New Conventional
Previous Owner $675,000 Adjustable Rate Mortgage/ARM
Previous Owner $170,000 Credit Line Revolving
Previous Owner $1,000,000 New Conventional
Previous Owner $150,000 Credit Line Revolving
Previous Owner $88,000 Credit Line Revolving
Previous Owner $386,250 Unknown
Previous Owner $328,000 Unknown
Previous Owner $249,300 Unknown
Previous Owner $208,000 No Value Available
Previous Owner $163,600 No Value Available
Closed $39,000 No Value Available
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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16733628

California Regional Multiple Listing Service (CRMLS)

APN: 932-160-10