NOT LISTED FOR SALE

Estimated Value: $3,075,000 - $3,655,000

3 Beds
4 Baths
2,171 Sq Ft
$1,520/Sq Ft Est. Value

Last Sold November 06, 2012

Last sale price $1,310,000 $603 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $19,559/month

96 Days on Market

Highlights

  • White Water Ocean Views
  • Traditional Architecture
  • Tile Countertops
  • Newport Elementary School Rated A
  • Galley Kitchen
  • Carpet

About This Home

As of November 2012

Located is the highly desired 100 block of 28th Street, this well maintained duplex has served as a high producing income property for many years. Just steps from the sand and offering white water views, this property includes newer windows, spacious living areas, a grand fireplace, and is in impeccable condition. A true example of pride of ownership and on one of the few wide streets in the area, this ideally located property is a fantastic opportunity for the savvy investor or the owner/user looking to be just a stone's throw from the water. Families have been returning to this property for many years to take advantage of the short term leasing and to enjoy all that the famed Newport Peninsula has to offer.

Last Agent to Sell the Property

Matt Perry

Arbor Real Estate License #01192690 Listed on: 07/23/2012

Last Buyer's Agent

Jennifer Chen

Redfin License #01847955

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,761

Year Built

  • Built in 1966

Lot Details

  • 2,375 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,171 Sq Ft Home
  • Fireplace Features Masonry
  • White Water Ocean Views
  • Laundry in Kitchen

Kitchen

  • Galley Kitchen
  • Gas Oven or Range
  • Range
  • Freezer
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 16 / 27
  • Tax Tract Number 512
  • Assessor Parcel Number 04709204

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,761

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • View: Yes
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 04709204
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Tile Counters
  • Flooring: Carpet, Vinyl
  • Appliances: No
  • Fireplace Features: Masonry
  • Levels: Two
  • Price Per Square Foot: 603.41
  • Room Type: Galley Kitchen

Exterior Features

  • View: Ocean, Water, White Water
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Free Standing, Freezer, Gas Cooking, Disposal, Range, Refrigerator
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Community, In Closet, In Kitchen
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 2375.00
  • Lot Size Acres: 0.0550

Multi Family

  • Average2 Bed Area: 632
  • Average3 Bed Area: 1539
  • Gross Multiplier: 17.00
  • Gross Scheduled Income: 85000.00
  • Lot Size Area: 2375.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Number With Refrigerator: 2

Tax Info

  • Tax Area: 07001
  • Tax Block: 27
  • Tax Lot: 16
  • Tax Tract Number: 512

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2025
Sold by
Johnston Kenneth Craig and Johnston Deborah Marquez
Bought by
Johnston Family Trust and Johnston
Current Estimated Value
$3,299,320

Purchase Details

Closed on
Jan 31, 2018
Sold by
Sxu Investment Holdings Inc
Bought by
Johnston Kenneth Craig and Johnston Deborah Marquez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2014
Sold by
Khoh Shane
Bought by
Sxu Investment Holdings Inc

Purchase Details

Listed on
Jul 23, 2012
Closed on
Nov 1, 2012
Sold by
Tiss Gayden L
Bought by
Yeh Shane Khoh Chen
Seller's Agent
Matt Perry
Arbor Real Estate
Buyer's Agent
Jennifer Chen
Redfin
List Price
$1,495,000
Sold Price
$1,310,000
Premium/Discount to List
-$185,000
-12.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%
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
Johnston Family Trust -- None Listed On Document
Johnston Kenneth Craig $1,900,000 First American Title Co
Sxu Investment Holdings Inc -- None Available
Yeh Shane Khoh Chen $1,310,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnston Kenneth Craig $1,422,000
Previous Owner Johnston Kenneth Craig $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2012 11/06/12 Sold $1,310,000 -12.4% $603 / Sq Ft
10/27/2012 10/27/12 Pending -- -- --
07/23/2012 07/23/12 For Sale $1,495,000 -- $689 / 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
2025 $23,761 $2,161,873 $2,040,629 $121,244
2024 $23,761 $2,119,484 $2,000,617 $118,867
2023 $23,224 $2,077,926 $1,961,389 $116,537
2022 $22,835 $2,037,183 $1,922,931 $114,252
2021 $22,412 $1,997,239 $1,885,227 $112,012
2020 $22,202 $1,976,760 $1,865,896 $110,864
2019 $20,870 $1,938,000 $1,829,309 $108,691
2018 $15,388 $1,417,761 $1,313,891 $103,870
2017 $15,118 $1,389,962 $1,288,128 $101,834
2016 $14,780 $1,362,708 $1,262,870 $99,838
2015 $14,640 $1,400,000 $1,297,442 $102,558
2014 $14,296 $1,315,947 $1,219,534 $96,413
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: L39392

California Regional Multiple Listing Service (CRMLS)

APN: 047-092-04