S
Seller's Agent in 2014
Shea Watson
Aha Real Estate
118 45th St Newport Beach, CA 92663
West Newport Beach Neighborhood
4
Beds
3
Baths
1,814
Sq Ft
2,614
Sq Ft Lot
Highlights
- Ocean Side of Highway 1
- Cathedral Ceiling
- Balcony
- Newport Elementary School Rated A
- Cottage
- 1-minute walk to Channel Place Park
About This Home
As of March 2014Charming duplex only steps from the sand in the first block. Large 2 BD, 2 BA lower unit with enclosed front patio. 2 BD, 1 BA upper unit with enormous deck. Shared laundry in 2 car garage. Deck was recently resurfaced. Updated with dual pane vinyl windows. New garage door. Currently professionally managed by Villa Rentals as annual rental. Additional upside if converted to winter/summer rental.
Last Agent to Sell the Property
Shea Watson
Aha Real Estate License #01820778 Listed on: 01/22/2014
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,463
Year Built
- Built in 1956
Lot Details
- 2,614 Sq Ft Lot
- Lot Dimensions are 30' x 85'
- 1 Common Wall
- West Facing Home
- Partially Fenced Property
Parking
- 2 Car Garage
Home Design
- Cottage
- Property Attached
- Slab Foundation
- Composition Roof
- Wood Siding
- Copper Plumbing
- Stucco
Interior Spaces
- 1,814 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- Ceiling Fan
- Double Pane Windows
- French Doors
- Family Room with Fireplace
Kitchen
- Gas Oven
- Gas Range
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Ocean Side of Highway 1
- Balcony
- Outdoor Grill
Utilities
- Central Heating
- Wall Furnace
Additional Features
- Two Homes on a Lot
- Urban Location
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Legal Lot and Block 8 / 44
- Tax Tract Number 670
- Assessor Parcel Number 42302107
Community Details
Overview
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $50
- Insurance Expense $500
- Trash Expense $300
- Water Sewer Expense $300
- New Taxes Expense $15,648
- Gross Income $4,090
- Net Operating Income $47,940
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 22, 2014
Closed on
Feb 19, 2014
Sold by
Watson John R and Watson Constance I
Bought by
The Premer Family Trust
Seller's Agent
Shea Watson
Aha Real Estate
Buyer's Agent
David Prince
Arbor Real Estate
List Price
$1,399,900
Sold Price
$1,250,000
Premium/Discount to List
-$149,900
-10.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 25, 1996
Sold by
Honig Kenneth E
Bought by
Watson John R and Watson Constance L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
8.06%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| The Premer Family Trust | $1,250,000 | First American Title Company | |
| Watson John R | $359,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Premer Theodore Anthony | $700,000 | |
| Closed | Premer Theodore Anthony | $790,000 | |
| Closed | The Premer Family Trust | $800,000 | |
| Previous Owner | Watson John R | $315,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/28/2014 03/28/14 | Sold | $1,250,000 | -10.7% | $689 / Sq Ft |
| 02/18/2014 02/18/14 | Pending | -- | -- | -- |
| 11/22/2013 11/22/13 | For Sale | $1,399,900 | -- | $772 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $17,463 | $2,411,573 | $1,456,274 | $955,299 |
| 2024 | $17,463 | $1,657,085 | $1,427,720 | $229,365 |
| 2023 | $15,968 | $1,472,823 | $1,399,726 | $73,097 |
| 2022 | $15,700 | $1,443,945 | $1,372,281 | $71,664 |
| 2021 | $15,401 | $1,415,633 | $1,345,374 | $70,259 |
| 2020 | $15,253 | $1,401,118 | $1,331,579 | $69,539 |
| 2019 | $14,942 | $1,373,646 | $1,305,470 | $68,176 |
| 2018 | $14,647 | $1,346,712 | $1,279,872 | $66,840 |
| 2017 | $14,389 | $1,320,306 | $1,254,776 | $65,530 |
| 2016 | $14,069 | $1,294,418 | $1,230,172 | $64,246 |
| 2015 | $13,935 | $1,274,975 | $1,211,694 | $63,281 |
| 2014 | $5,505 | $479,264 | $407,514 | $71,750 |
Source: Public Records
Agents Affiliated with this Home
-
-
David Prince
D
Buyer's Agent in 2014
David Prince
Arbor Real Estate
(949) 673-8700
1 in this area
1 Total Sale
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC13236921
APN: 423-021-07
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