NOT LISTED FOR SALE

Estimated Value: $2,193,140 - $3,375,000

2 Beds
1 Bath
1,544 Sq Ft
$1,724/Sq Ft Est. Value

Last Sold June 22, 2012

Last sale price $910,000 $589 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $15,499/month

146 Days on Market

Highlights

  • Wood Flooring
  • Newport Elementary School Rated A
  • No Heating

About This Home

As of June 2012

Huge Price Reduction. Situated on the 1st block,beach side of Balboa Blvd,large two way street.Cute & charming older duplex,close to shopping and restaurants.the front house features a patio, sun room,2bd/1bath,and an upstairs apartment.Property is very well maintained,new windows,hardwood floors.Easy to show,motivated seller

Last Agent to Sell the Property

H. Angie Blaik

Karly Brown, Broker License #01296565 Listed on: 01/14/2012

Last Buyer's Agent

Chris Cote

Berkshire Hathaway HomeService License #01705340

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,250

Year Built

  • Built in 1923

Lot Details

  • 2,352

Parking

  • 1 Parking Space

Interior Spaces

  • 1,544 Sq Ft Home
  • Wood Flooring

Utilities

  • No Heating

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 22
  • Tax Tract Number 512
  • Assessor Parcel Number 04708231

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $3,625
  • Gross Income $66,050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,250

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 04708231
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Wood
  • Appliances: No
  • Price Per Square Foot: 589.38

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 1.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 66050.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Tax Info

  • New Taxes Expense: 3625.00
  • Tax Lot: 22
  • Tax Tract Number: 512

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2012
Closed on
Jun 22, 2012
Sold by
Trimbach Brian V
Bought by
Zielonka Richard
Seller's Agent
H. Angie Blaik
Karly Brown, Broker
Buyer's Agent
Chris Cote
Berkshire Hathaway HomeService
List Price
$1,099,000
Sold Price
$910,000
Premium/Discount to List
-$189,000
-17.2%
Current Estimated Value
$2,662,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,752,535
Avg. Annual Appreciation
8.37%
Original Mortgage
$625,500
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 14, 2012
Closed on
Jun 5, 2012
Sold by
Rodriguez Liza Marie
Bought by
Zielonka Richard
Seller's Agent
H. Angie Blaik
Karly Brown, Broker
Buyer's Agent
Chris Cote
Berkshire Hathaway HomeService
List Price
$1,099,000
Sold Price
$910,000
Premium/Discount to List
-$189,000
-17.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2007
Sold by
Trimbach Brian V and Trimbach Laurie
Bought by
Trimbach Brian and Trimbach Laurie J

Purchase Details

Closed on
Dec 16, 2002
Sold by
Trimbach Brian V and Trimbach Laurie
Bought by
Trimbach Brian and Trimbach Laurie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.96%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 23, 2001
Sold by
Trimbach Brian and Trimbach Laurie
Bought by
Trimbach Brian and Trimbach Laurie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,500
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
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
Zielonka Richard $910,000 Old Republic Title Company
Zielonka Richard -- Old Republic Title Company
Trimbach Brian -- None Available
Trimbach Brian -- Fidelity National Title Ins
Trimbach Brian -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zielonka Richard $539,275
Closed Zielonka Richard $625,500
Previous Owner Trimbach Brian $215,900
Previous Owner Trimbach Brian $150,000
Previous Owner Trimbach Brian $100,000
Previous Owner Trimbach Brian $214,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2012 06/22/12 Sold $910,000 -17.2% $589 / Sq Ft
06/08/2012 06/08/12 Pending -- -- --
01/14/2012 01/14/12 For Sale $1,099,000 -- $712 / 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 $13,250 $1,143,006 $1,100,075 $42,931
2024 $13,250 $1,120,595 $1,078,505 $42,090
2023 $12,958 $1,098,623 $1,057,358 $41,265
2022 $12,737 $1,077,082 $1,036,626 $40,456
2021 $12,509 $1,055,963 $1,016,300 $39,663
2020 $12,393 $1,045,136 $1,005,879 $39,257
2019 $11,268 $1,024,644 $986,156 $38,488
2018 $11,046 $1,004,553 $966,819 $37,734
2017 $10,852 $984,856 $947,861 $36,995
2016 $10,612 $965,546 $929,276 $36,270
2015 $10,510 $951,043 $915,317 $35,726
2014 $10,264 $932,414 $897,387 $35,027
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12000200

California Regional Multiple Listing Service (CRMLS)

APN: 047-082-31