NOT LISTED FOR SALE

995 Bayside Cove Unit 202 Newport Beach, CA 92660

Bayside Neighborhood

Estimated Value: $3,281,153 - $3,518,000

1 Bed
3 Baths
2,066 Sq Ft
$650/mo HOA Fee

Last Sold October 23, 2020

Last sale price $2,395,000 $1,159 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $21,112/month

Highlights

  • Ocean View
  • Property Fronts a Bay or Harbor
  • Fishing
  • Abraham Lincoln Elementary School Rated A
  • Spa
  • All Bedrooms Downstairs

About This Home

As of October 2020

Level up to Newport bayfront living at its absolute best! Stylish waterfront townhome boasts an enviable address in gated community of Bayside Cove. Newport chic with sensational Balboa Island views. Open floor plan features vaulted ceilings, connoisseur’s kitchen adorned in granite, stately living room anchored by a flawlessly framed fireplace. Sliding plantation doors reveal a terrace flaunting prime views of status yachts and sailboats. Oversized master is right on trend, with a spa-inspired ensuite and sizable walk-in closet ready for all your Fashion Island finds. Meet the elevated lifestyle property you’ve been waiting for, an easily managed equity trophy in the 92660. Resort style amenities key value add—swimming pool, spa, private access to white sand beach! This 2 bdrm 2.5 bath was modified to create a couture Master suite; 2nd bdrm easily recreated. Drink in the panorama from your front row seat on the water, watching one of the world’s wealthiest coastal enclaves light up.

Last Agent to Sell the Property

Sean Flynn

Berkshire Hathaway HomeService License #01858451 Listed on: 09/28/2020

Berkshire Hathaway HomeService

Last Buyer's Agent

Dick Dickson

Berkshire Hathaway HomeService License #01124947

Berkshire Hathaway HomeService

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $27,131

Year Built

  • Built in 1975

Lot Details

  • Property Fronts a Bay or Harbor
  • Two or More Common Walls

HOA Fees

  • $650 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • Ocean
  • Marina
  • Bay
  • Catalina

Home Design

  • Split Level Home

Interior Spaces

  • 2,066 Sq Ft Home
  • 2-Story Property
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Room
  • Carpet
  • Laundry Room

Kitchen

  • Gas Range
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Bedrooms Down
  • 3 Full Bathrooms

Schools

  • Corona Del Mar High School

Additional Features

  • Spa
  • Suburban Location
  • Central Heating

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 8073
  • Assessor Parcel Number 93432008

Community Details

Overview

  • 58 Units
  • Bayside Cove Association, Phone Number (949) 833-2600
  • Bayside Cove Community Association
  • Bayside Cove Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool
  • Community Spa
  • Fishing
  • Water Sports

Property Details

Home Type

Condominium

Est. Annual Taxes

$27,131

Year Built

Built in 1975

Lot Details

0

HOA Fees

$650 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Bayside Cove (BCOV)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93432008
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2066.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 1
  • Door Features: Sliding Doors
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: Multi/Split
  • Price Per Square Foot: 1159.24
  • Room Type: All Bedrooms Down, Master Bathroom
  • Spa Features: Community
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: Bay, Catalina, Marina, Ocean, Water
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue
  • Association Fee: 650.00
  • Association Fee Frequency: Monthly
  • Association Name: Bayside Cove
  • Phone: 949-833-2600
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Fishing, Watersports, Suburban
  • Association Management: Bayside Cove Community Association

Schools

  • School District: Newport Mesa Unified
  • High School: Corona Del Mar
  • High School: Corona Del Mar
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 58
  • Number Of Units Total: 58
  • Waterfront Features: Bay Front

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2020
Closed on
Sep 24, 2020
Sold by
Brewer Robert F and Brewer Carol S
Bought by
Thomas Stephen A and Thomas Susann K
Seller's Agent
Sean Flynn
Berkshire Hathaway HomeService
Buyer's Agent
Dick Dickson
Berkshire Hathaway HomeService
List Price
$2,499,000
Sold Price
$2,395,000
Premium/Discount to List
-$104,000
-4.16%
Total Days on Market
0
Current Estimated Value
$3,429,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,034,718
Avg. Annual Appreciation
6.74%
Original Mortgage
$750,000
Outstanding Balance
$679,032
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,556,288

Purchase Details

Closed on
Jan 11, 2018
Sold by
The Northern Trust Company
Bought by
Brewer Robert Ff and Brewer Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 8, 2017
Sold by
Ponzio David
Bought by
The Norther Trust Company and The 1997 Kah Trust

Purchase Details

Closed on
Aug 21, 2006
Sold by
Hill Ollie N
Bought by
Hill Ollie N and Hill Family Survivors Trust

Purchase Details

Closed on
Sep 12, 2001
Sold by
Mcginley Patricia Ann
Bought by
Hill Ollie N and The Hill 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
$175,000
Interest Rate
6.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 1, 1999
Sold by
Ann Mcginley Patricia
Bought by
Mcginley Patricia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.47%

Purchase Details

Closed on
Jul 17, 1996
Sold by
Mcginley Patricia Ann
Bought by
Mcginley Patricia Ann

Purchase Details

Closed on
Apr 1, 1996
Sold by
Jon Kreedman S
Bought by
Mcginley Patricia Ann

Purchase Details

Closed on
Oct 28, 1993
Sold by
Kreedman S Jon
Bought by
Kreedman S Jon

Purchase Details

Closed on
Feb 26, 1993
Sold by
Kreedman Marlene
Bought by
Kreedman S Jon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,000
Interest Rate
7.98%
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
Thomas Stephen A $2,395,000 Ticor Title Company Of Ca
Brewer Robert Ff $2,195,000 Stewart Title Of California
The Norther Trust Company -- None Available
Hill Ollie N -- None Available
Hill Ollie N -- Equity Title Company
Mcginley Patricia Ann -- United Title Company
Mcginley Patricia Ann $530,000 Chicago Title Co
Kreedman S Jon -- --
Kreedman S Jon -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Stephen A $750,000
Previous Owner Brewer Robert Ff $1,200,000
Previous Owner Hill Ollie N $95,500
Previous Owner Hill Ollie N $160,000
Previous Owner Hill Ollie N $500,000
Previous Owner Hill Ollie N $500,000
Previous Owner Mcginley Patricia $175,000
Previous Owner Hill Ollie N $175,000
Previous Owner Mcginley Patricia Ann $240,000
Previous Owner Kreedman S Jon $429,000
Closed Mcginley Patricia Ann $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $2,395,000 -4.2% $1,159 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
09/28/2020 09/28/20 For Sale $2,499,000 -- $1,210 / 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 $27,131 $2,541,593 $2,264,910 $276,683
2023 $26,496 $2,491,758 $2,220,500 $271,258
2022 $26,058 $2,442,900 $2,176,960 $265,940
2021 $25,558 $2,395,000 $2,134,274 $260,726
2020 $24,400 $2,283,678 $2,019,479 $264,199
2019 $23,894 $2,238,900 $1,979,881 $259,019
2018 $3,645 $313,388 $219,609 $93,779
2017 $3,582 $307,244 $215,303 $91,941
2016 $3,431 $301,220 $211,081 $90,139
2015 $3,396 $296,696 $207,910 $88,786
2014 $3,316 $290,885 $203,838 $87,047
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20202379

California Regional Multiple Listing Service (CRMLS)

APN: 934-320-08