NOT LISTED FOR SALE

985 Bayside Cove Unit 403 Newport Beach, CA 92660

Bayside Neighborhood

Estimated Value: $3,144,000 - $3,702,480

2 Beds
2 Baths
1,886 Sq Ft
5 Acres

Highlights

  • Marina
  • Property Fronts a Bay or Harbor
  • Spa
  • Abraham Lincoln Elementary School Rated A
  • Boat Slip
  • Ocean Side of Highway 1

About This Home

As of May 2017

Lease this single story "Bay Front" condo with two bedrooms plus den and view of Balboa Island, Bay and City Lights in the exclusive gated waterfront community of Bayside Cove. The Cove is a complex of only 58 units with pool, spa and white sandy beach. Located at the entrance to Balboa Island where one can enjoy water activities such as boating, kayaking, swimming or standup paddleboarding; across the street from Bayside Center with Restaurants, Shops, Banking and Market; adjacent to the Newport Beach Yacht Club and Villa Cove Marina with boat slips currently available for lease.

Last Agent to Rent the Property

Dick Dickson

Berkshire Hathaway HomeService License #01124947 Listed on: 03/24/2017

Berkshire Hathaway HomeService

Last Renter's Agent

Brandon Marchione

Surterre Properties Inc. License #01421692

Surterre Properties Inc.

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $29,141

Year Built

  • Built in 1976

Lot Details

  • Property Fronts a Bay or Harbor
  • No Units Located Below
  • 1 Common Wall
  • Density is 11-15 Units/Acre

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener

Property Views

  • Bay
  • Bridge
  • City Lights

Interior Spaces

  • 1,886 Sq Ft Home
  • Built-In Features
  • Living Room with Fireplace
  • Den

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Gas Range
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Spa
  • Boat Slip
  • Ocean Side of Highway 1

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $8,500
  • Rent includes trash collection, water
  • 12-Month Minimum Lease Term
  • Available 5/1/17
  • Tax Lot 2
  • Tax Tract Number 8073
  • Assessor Parcel Number 93432023

Community Details

Overview

  • Property has a Home Owners Association
  • Built by Irvine Pacific
  • Sea Diamond

Recreation

  • Marina
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$29,141

Year Built

Built in 1976

Lot Details

0

Parking

2

Rental Info

  • Additional Rent For Pets: Yes
  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2017-05-01
  • Credit Check Paid By: Tenant
  • Deposit Security: 8500
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Bayside Cove (BCOV)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93432023
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1886.00 Square Feet
  • Interior Amenities: Built-in Features, Granite Counters, Unfurnished
  • Common Walls: 1 Common Wall, No One Below
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 3.02
  • Room Type: Den, Main Floor Bedroom, Main Floor Master Bedroom
  • Spa Features: Association
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Exterior Features: Boat Slip
  • View: Bay, Bridge(s), City Lights
  • Builder Name: Irvine Pacific
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 226512.00

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Rent Includes: Trash Collection, Water
  • Waterfront Features: Bay Front, Marina in Community, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 630.05
  • Tax Lot: 2
  • Tax Tract Number: 8073

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2020
Sold by
Rozak Keeneth S and Rozak Randall K
Bought by
Rosenquist James E and Rosenquist Beverly A
Current Estimated Value
$3,474,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,175,000
Outstanding Balance
$1,086,160
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$2,359,384

Purchase Details

Closed on
Dec 13, 2012
Sold by
Rozak Patricia A
Bought by
Rozak Kenneth S and Rozak Randall K

Purchase Details

Closed on
Feb 23, 2004
Sold by
Rozak Patricia A
Bought by
Rozak Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 1996
Sold by
Manchester Joel H
Bought by
Rozak Patricia A and The Rozak Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,600
Interest Rate
7.46%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Rosenquist James E $2,575,000 Chicago Title Company
Rozak Kenneth S -- Chicago Title Company
Rozak Randall K -- Chicago Title Company
Rozak Kenneth S -- Chicago Title Company
Rozak Kenneth S -- None Available
Rozak Patricia A -- None Available
Rozak Patricia -- New Century Title Company
Rozak Patricia A $695,000 Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosenquist James E $1,175,000
Previous Owner Rozak Patricia $150,000
Previous Owner Rozak Patricia A $214,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2017 05/12/17 Rented $5,700 -3.4% --
04/18/2017 04/18/17 Price Changed $5,900 -0.8% $3 / Sq Ft
03/24/2017 03/24/17 For Rent $5,950 +2.6% --
07/15/2016 07/15/16 Rented $5,800 -2.5% --
06/15/2016 06/15/16 Price Changed $5,950 -7.0% $3 / Sq Ft
03/12/2016 03/12/16 Price Changed $6,400 -5.9% $3 / Sq Ft
02/18/2016 02/18/16 For Rent $6,800 -- --
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 $29,141 $2,787,262 $2,543,189 $244,073
2024 $29,141 $2,732,610 $2,493,322 $239,288
2023 $28,460 $2,679,030 $2,444,433 $234,597
2022 $27,989 $2,626,500 $2,396,502 $229,998
2021 $27,452 $2,575,000 $2,349,511 $225,489
2020 $11,179 $1,035,021 $823,384 $211,637
2019 $10,950 $1,014,727 $807,239 $207,488
2018 $10,732 $994,831 $791,411 $203,420
2017 $10,542 $975,325 $775,893 $199,432
2016 $10,306 $956,201 $760,679 $195,522
2015 $10,207 $941,838 $749,252 $192,586
2014 $9,966 $923,389 $734,575 $188,814
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17061425

California Regional Multiple Listing Service (CRMLS)

APN: 934-320-23