$807,500
SOLD OCT 22, 2014

982 Bayside Cove Unit 602 Newport Beach, CA 92660

Bayside Neighborhood
1 Bed
1 Bath
1,538 Sq Ft
$605/mo HOA Fee

Recently Sold

$525 Per Sq Ft

16% Above List Price

90 Days on Market

Highlights

  • Private Pool
  • View of Hills
  • Main Floor Bedroom
  • Abraham Lincoln Elementary School Rated A

About This Home

As of March 2015

Gated Condo features 1 bedroom and 2 baths.

Last Agent to Sell the Property

Jenny Vu

Coldwell Banker Realty License #01794569 Listed on: 09/29/2014

Coldwell Banker Realty

Last Buyer's Agent

Hoa Cao

L.S. Gateway Realtors License #01245141

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,468

Year Built

  • Built in 1975

HOA Fees

  • $605 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Hills
  • Neighborhood

Home Design

  • Planned Development

Interior Spaces

  • 1,538 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom

Additional Features

  • Private Pool
  • Two or More Common Walls

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 8073
  • Assessor Parcel Number 93432044

Community Details

Overview

  • 55 Units

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,468

Year Built

Built in 1975

Lot Details

0

HOA Fees

$605 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93432044
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1538.00
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 525.03
  • Room Type: Main Floor Bedroom

Exterior Features

  • View: Hills, Neighborhood
  • Pool Features: Community
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 605.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Planned Unit Development
  • Lot Size Sq Ft: 1742.00
  • Lot Size Acres: 0.0400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 0.0400 Acres
  • Number Of Units In Community: 55
  • Number Of Units Total: 55

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 8073

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2015
Closed on
Mar 17, 2015
Sold by
Quest Ira Inc
Bought by
Troell Robert J
Seller's Agent
Jenny Vu
Coldwell Banker Realty
Buyer's Agent
Marquise Beuler
Arbor Real Estate
List Price
$995,000
Sold Price
$1,055,000
Premium/Discount to List
$60,000
6.03%
Total Days on Market
90
Current Estimated Value
$2,110,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,055,032
Avg. Annual Appreciation
7.02%

Purchase Details

Listed on
Sep 29, 2014
Closed on
Oct 6, 2014
Sold by
Arnold William Keith
Bought by
Quest Ira Inc and Robert Hrifko Ira #1490211
Seller's Agent
Jenny Vu
Coldwell Banker Realty
Buyer's Agent
Hoa Cao
L.S. Gateway Realtors
List Price
$699,000
Sold Price
$807,500
Premium/Discount to List
$108,500
15.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
89.00%

Purchase Details

Closed on
Sep 24, 2010
Sold by
Arnold Keith and Arnold Beatrice
Bought by
Arnold William Keith and Arnold Vera Beatrice

Purchase Details

Closed on
Jan 20, 2007
Sold by
Arnold Keith and Arnold Beatrice
Bought by
Arnold Keith and Arnold Beatrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,468,800
Interest Rate
6.1%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
May 2, 2003
Sold by
Arnold Keith and Arnold Beatrice
Bought by
Arnold Keith and Arnold Beatrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
5.84%

Purchase Details

Closed on
Oct 19, 1995
Sold by
Arnold William K and Arnold Beatrice V
Bought by
Arnold Keith and Arnold Beatrice

Purchase Details

Closed on
May 3, 1994
Sold by
Arnold Keith and Arnold Beatrice
Bought by
Arnold William K and Beatrice Arnold V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.37%
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 Type Sale Price Title Company
Grant Deed $1,055,000 Ticor Title
Grant Deed $807,500 Ticor Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Alliance Title Company
Interfamily Deed Transfer -- Equity Title Company
Interfamily Deed Transfer -- --
Quit Claim Deed -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $279,361 Unknown
Open $513,500 Adjustable Rate Mortgage/ARM
Previous Owner $1,468,800 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $544,185 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $55,000 Credit Line Revolving
Previous Owner $189,000 No Value Available
Previous Owner $200,000 Unknown
Previous Owner $280,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2015 03/24/15 Sold $1,055,000 0.0% $686 / Sq Ft
03/10/2015 03/10/15 Pending -- -- --
03/09/2015 03/09/15 Off Market $1,055,000 -- --
02/28/2015 02/28/15 For Sale $995,000 +23.2% $647 / Sq Ft
10/22/2014 10/22/14 Sold $807,500 +15.5% $525 / Sq Ft
06/30/2014 06/30/14 For Sale $699,000 -- $454 / 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 $13,468 $1,243,086 $1,015,969 $227,117
2023 $13,151 $1,218,712 $996,048 $222,664
2022 $12,931 $1,194,816 $976,517 $218,299
2021 $12,684 $1,171,389 $957,370 $214,019
2020 $12,562 $1,159,378 $947,553 $211,825
2019 $12,306 $1,136,646 $928,974 $207,672
2018 $12,062 $1,114,359 $910,759 $203,600
2017 $11,850 $1,092,509 $892,901 $199,608
2016 $11,585 $1,071,088 $875,393 $195,695
2015 $8,862 $807,500 $614,744 $192,756
2014 $2,292 $186,454 $94,235 $92,219
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14137902

California Regional Multiple Listing Service (CRMLS)

APN: 934-320-44