tomo logo

$1,750,000

Beds
2
Baths
2.5
sq ft
1,060

406 E Bay Ave Unit 10, Newport Beach, CA 92661

406 E Bay Ave Unit 10

Newport Beach, CA 92661

  • 11 days on market
Welcome to your dream home at 406 East Bay Avenue, Unit 10, Newport Beach — a brand new, gut-renovated townhouse condo that embodies modern luxury and convenience. Spanning 1,060 square feet, this two-story residence offers an intelligently designed layout featuring two spacious bedrooms and two and a half bathrooms, with a 2-car enclosed garage! Step inside to discover a beautifully renovated interior with high ceilings and oversized windows that flood the space with natural light. The living area boasts a working fireplace and decorative moldings, creating an inviting atmosphere. The open-concept kitchen is a chef’s delight, equipped with brand new, never used, Energy Star appliances, a gas stove, and premium quartz counters. Enjoy seamless indoor-outdoor living with a private balcony and deck. The primary ensuite is a sanctuary, complete with a 3x wide closet and a new bathroom. Both bedrooms provide comfort and style with thoughtful built-ins, high ceilings, and recessed lighting. Central air conditioning and heating ensure year-round comfort, while laminate and stone floors add a touch of elegance. Additional amenities include a washer and dryer in-unit, 2-car garage and street parking, and access to a common courtyard. With its private entrance and northwestern exposure, this home offers privacy and charm. Experience coastal living at its finest, just moments from the Bay, Fun Zone, restaurants and beaches. Don’t miss this exceptional opportunity!

Details

Property type

Condominium

Est. home value

$1,218,985

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$1,651

Year built

1984

Monthly HOA fee

$450

Price History

10/07/2024
CRMLS

CRMLS #OC24207570

Listed
$1,750,000
+33.59%
02/29/2024
CRMLS

CRMLS #OC24012410

Sold
$1,310,000
+0.77%
01/21/2024
CRMLS

CRMLS #OC24012410

Pending
$1,300,000

Schools & Community

Elementary school: 

Newport

Middle school: 

Horace Ensign

High school: 

Newport Harbor

Community features: 

Gated, Fishing, Golf, Park, Sidewalks

High school district: 

Newport Mesa Unified

Number of units in community: 

10

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Citibank Na

Loan start date

February 2024

Original loan amount

$914,060

Est. remaining balance

Not provided

Interest rate

5.62%

Loan type

New Conventional, 30 year

Seller

James J Wu and Karen K Leong

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 10/18/2024 at 3:20 AM

Listing updated: 10/13/2024 at 5:26 PM

Listed by: Michael Hahn, Compass Phone #: (949) 438-4340

MLS: CRMLS #OC24207570

CRMLS logo

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