NOT LISTED FOR SALE

978 Bayside Cove Unit 605 Newport Beach, CA 92660

Bayside Neighborhood

Estimated Value: $1,931,896 - $2,398,000

2 Beds
2 Baths
1,538 Sq Ft
$605/mo HOA Fee

Last Sold August 23, 2012

Last sale price $805,000 $523 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $13,632/month

234 Days on Market

Highlights

  • Spa
  • Bay View
  • Gated Community
  • Abraham Lincoln Elementary School Rated A
  • Primary Bedroom Suite
  • Cape Cod Architecture

About This Home

As of August 2012

This Beautiful Cove Warm Contemporary Home is just steps from restaurants, yacht clubs, Balboa Island, and world class shoppiing. The interior has been professionally detailed and finished with quality in mind and boasts 2Bdrm/2Full Baths, Large oversize Mstr. Suite w/walk-in closet, Mstr. Bath with rich Cherry cabinets with Cafe Nico, Italian Marble countertops and flooring, large oversized sinks with S/S contemporary faucets. Kitchen w/Cherry cabinetry and S/S Appliances, Built-in Refer, Gas Cooktop, Franke S/S sink with Grohe Faucet. Entry, D.R. and Kitchen have Travertine floors, New carpeting in L.R. and Guest Bdrm. Bose built-in Surround Sound System, New dual glazed sliding doors, New interior paint, Guest Bdrm w/multi stepped Crown Molding, Guest Bath w/Rojo Alacante Marble and Crema Marfil Floors and stone baseboards. Boat direct dock access with boat dock availability through California Recreation. Beautiful community pool located on Newport Bay. A must see home.

Last Agent to Sell the Property

Robert Farrell

Robert L. Farrell License #01321454 Listed on: 10/24/2011

Last Buyer's Agent

Robert Bovard

The Shire Real Estate Group License #01174050

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,615

Year Built

  • Built in 1975

HOA Fees

  • $605 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Single Garage Door

Property Views

  • Bay
  • Peek-A-Boo

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,538 Sq Ft Home
  • Wood Burning Fireplace
  • Electric Fireplace
  • Gas Fireplace

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Sewer Paid

Additional Features

  • Spa
  • Two or More Common Walls

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 8073
  • Assessor Parcel Number 93432047

Community Details

Overview

  • 58 Units
  • Association Phone (949) 768-7261
  • Legend

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,615

Year Built

Built in 1975

Lot Details

0

HOA Fees

$605 per month

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 949-929-6996
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Bayside Cove
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93432047
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1538.00
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Electric, Gas, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 523.41
  • Room Type: Main Floor Bedroom, Master Suite
  • Spa Features: Association

Exterior Features

  • Patio: No
  • View: Bay, Peek-A-Boo
  • Fence: No
  • Pool Features: Community
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: Yes
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: No
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available, Water Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Heating Type: Forced Air
  • Sewer: Sewer Paid

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Spa/Hot Tub
  • Association Fee: 605.00
  • Association Fee Frequency: Monthly
  • Phone: 949-768-7261
  • Senior Community: No

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease Purchase: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 58
  • Number Of Units Total: 58

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 8073

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2012
Sold by
Revx & 1112001 Inc
Bought by
Gillette Dean A and Gillette Loretta
Total Days on Market
234
Current Estimated Value
$2,162,974

Purchase Details

Listed on
Oct 24, 2011
Closed on
Aug 20, 2012
Sold by
Farrell Robert
Bought by
Revx & 1112001 Inc and Reverse Exchange Services Inc
Seller's Agent
Robert Farrell
Robert L. Farrell
Buyer's Agent
Robert Bovard
The Shire Real Estate Group
List Price
$859,500
Sold Price
$805,000
Premium/Discount to List
-$54,500
-6.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%

Purchase Details

Closed on
Dec 17, 2008
Sold by
Farrell Wasmann Edith M
Bought by
Farrell Wasmann Edith M and Edith M Farrell Wasmann Trust

Purchase Details

Closed on
Jun 3, 1999
Sold by
Farrell Edith M
Bought by
Farrell Edith M and Farrell Family Trust
Source: Public Records

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Range of Values:

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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
Gillette Dean A -- None Available
Revx & 1112001 Inc -- California Title
Farrell Wasmann Edith M -- None Available
Farrell Edith M -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2012 08/23/12 Sold $805,000 -17.4% $523 / Sq Ft
06/14/2012 06/14/12 Pending -- -- --
04/30/2012 04/30/12 Price Changed $975,000 +18.7% $634 / Sq Ft
04/03/2012 04/03/12 Price Changed $821,500 -4.4% $534 / Sq Ft
10/24/2011 10/24/11 For Sale $859,500 -- $559 / 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
2024 $10,615 $971,857 $758,038 $213,819
2023 $10,364 $952,801 $743,174 $209,627
2022 $10,189 $934,119 $728,602 $205,517
2021 $9,995 $915,803 $714,315 $201,488
2020 $9,899 $906,413 $706,991 $199,422
2019 $9,698 $888,641 $693,129 $195,512
2018 $9,507 $871,217 $679,538 $191,679
2017 $9,340 $854,135 $666,214 $187,921
2016 $9,132 $837,388 $653,151 $184,237
2015 $9,045 $824,810 $643,340 $181,470
2014 $8,833 $808,654 $630,738 $177,916
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U11004520

California Regional Multiple Listing Service (CRMLS)

APN: 934-320-47