NOT LISTED FOR SALE

Estimated Value: $4,000,049 - $6,120,000

6 Beds
4 Baths
2,527 Sq Ft
$1,850/Sq Ft Est. Value

Last Sold December 09, 2021

Last sale price $3,250,000 $1,286 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $27,895/month

26 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Ocean Side of Highway 1
  • Newport Elementary School Rated A
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom

About This Home

As of December 2021

Imagine the possibilities with 2 DETACHED homes on a lot. The front unit features a Catalina and ocean view balcony, owner's suite with fireplace, charming sloped ceilings and a walk-in closet with stacked w/d. The kitchen has timeless finishes including white cabinets and granite countertops. Sun graces the spacious slate patio and most windows throughout the day. The classic beach floorplan hosts the owner's suite on a private third floor, with two secondary bedrooms on the first. The back unit has a large rooftop deck accessed through the primary suite. Two bedrooms, an open great room-kitchen, and laundry are accessed through a private entrance for the rear detached home. There is a 4 car garage (each home has two tandem spots). Location is hard to beat - be at the sand in a minute, grocery store, restaurants, shops and all of the character of Newport Beach are right outside your doors. This home has been lovingly maintained by the owner for 25 years.

Last Agent to Sell the Property

Karen Walsh

Realty One Group West License #01306510 Listed on: 10/11/2021

Realty One Group West

Last Buyer's Agent

Mick Partridge

Carolwood Estates License #02015130

Carolwood Estates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $38,549

Year Built

  • Built in 1988

Lot Details

  • 2,178 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Parking

  • 4 Car Garage
  • Parking Available
  • Tandem Uncovered Parking
  • Garage Door Opener

Property Views

  • Ocean
  • Catalina

Home Design

  • Duplex
  • Traditional Architecture
  • Split Level Home

Interior Spaces

  • 2,527 Sq Ft Home
  • 3-Story Property
  • Chair Railings
  • Crown Molding
  • Skylights
  • Recessed Lighting
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 4 Full Bathrooms
  • Separate Shower

Outdoor Features

  • Property has ocean access
  • Ocean Side of Highway 1
  • Deck
  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Legal Lot and Block 24 / 082
  • Tax Tract Number 512
  • Assessor Parcel Number 04708226
  • $7,262 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Water Sports

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$38,549

Year Built

Built in 1988

Lot Details

0

Parking

4

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Inclusions: washers, dryers, refrigerators included as-is
  • Property Attached: No
  • View: Yes
  • Zoning: R2
  • Architectural Style: Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 04708226
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2527.00 Square Feet
  • Interior Amenities: Chair Railings, Crown Molding, Recessed Lighting
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 6
  • Eating Area: In Kitchen
  • Fireplace Features: Master Bedroom
  • Levels: Multi/Split
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1286.11
  • Room Type: Master Suite, Walk-In Closet
  • Window Features: Skylight(s)
  • Bathroom Features: Separate Tub And Shower
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • View: Catalina, Ocean
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage, Garage Door Opener, Tandem Uncovered
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Microwave
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Watersports, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 2178.00
  • Lot Size Acres: 0.0500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2178.0000 Square Feet
  • Number Of Units Total: 2
  • Waterfront Features: Ocean Access, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Block: 082
  • Tax Lot: 24
  • Tax Tract Number: 512
  • TaxOtherAnnualAssessmentAmount: 7262.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Nov 15, 2021
Sold by
Walsh Mary Anne and Mary Anne Walsh Revocable Trus
Bought by
Sanford Peter and Sanford Sandra
Seller's Agent
Karen Walsh
Realty One Group West
Buyer's Agent
Mick Partridge
Carolwood Estates
List Price
$3,498,000
Sold Price
$3,250,000
Premium/Discount to List
-$248,000
-7.09%
Current Estimated Value
$4,674,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,424,012
Avg. Annual Appreciation
10.29%

Purchase Details

Closed on
Jan 22, 2003
Sold by
Walsh Mary Anne
Bought by
Walsh Mary Anne

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
5.93%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 10, 1997
Sold by
Walsh Mary Anne
Bought by
Walsh Mary Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,550
Interest Rate
7.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 1996
Sold by
Nguyen An D and Nguyen Olivia
Bought by
Walsh Mary Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,550
Interest Rate
7.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 1994
Sold by
Nguyen An and Nguyen Olivia
Bought by
Nguyen An D and Nguyen Olivia T
Source: Public Records

Range of Values:

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Average Value
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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
Sanford Peter $3,250,000 Lawyers Title Company
Walsh Mary Anne -- Fidelity National Title Co
Walsh Mary Anne -- Fidelity National Title Co
Walsh Mary Anne -- --
Walsh Mary Anne $375,000 Old Republic Title Company
Nguyen An D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanford Peter $1,022,900
Previous Owner Walsh Mary Anne $150,000
Previous Owner Walsh Mary Anne $268,000
Previous Owner Walsh Mary Anne $100,000
Previous Owner Walsh Mary Anne $281,000
Previous Owner Walsh Mary Anne $281,200
Previous Owner Walsh Mary Anne $274,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2021 12/09/21 Sold $3,250,000 -7.1% $1,286 / Sq Ft
11/07/2021 11/07/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $3,498,000 -- $1,384 / 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 $38,549 $3,685,961 $3,184,560 $501,401
2024 $38,549 $3,539,005 $3,122,118 $416,887
2023 $36,192 $3,315,000 $3,060,900 $254,100
2022 $35,591 $3,250,000 $3,000,882 $249,118
2021 $7,262 $564,242 $263,201 $301,041
2020 $7,195 $558,457 $260,502 $297,955
2019 $6,043 $547,507 $255,394 $292,113
2018 $5,923 $536,772 $250,386 $286,386
2017 $5,818 $526,248 $245,477 $280,771
2016 $5,689 $515,930 $240,664 $275,266
2015 $5,632 $508,181 $237,049 $271,132
2014 $5,499 $498,227 $232,406 $265,821
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21219700

California Regional Multiple Listing Service (CRMLS)

APN: 047-082-26