NOT LISTED FOR SALE

Estimated Value: $2,085,000

2 Beds
2 Baths
600 Sq Ft
$3,475/Sq Ft Est. Value

Last Sold June 10, 2016

Last sale price $1,260,000 $2,100 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $13,194/month

80 Days on Market

Highlights

  • Ocean Side of Highway 1
  • Great Room
  • Cottage
  • Newport Elementary School Rated A
  • No HOA
  • 2-minute walk to Channel Place Park

About This Home

As of June 2016

This adorable beach cottage is situated on a 30 x 85 lot with R-2 zoning in popular West Newport Beach! There is a one bedroom, one bath cottage that faces 46th street and has great off-street parking, fresh paint inside and out, new flooring and lighting, freshly planted flower beds, and a great patio perfect for lounging in the sun and taking in the sights! There is also a back unit, non-conforming studio that has a kitchenette, vaulted ceilings, and fresh paint and flooring. It has its own patio area with brick pavers and fresh landscaping. This is a great opportunity to use as a weekend cottage, or to rent out while your plans to build are being created. You're just one block away from the surf, and a quick bike ride to the boardwalk and all of the great restaurants and shopping. Welcome home to 129 46th Street!

Last Agent to Sell the Property

Tim Carr

Pacific Sotheby's Int'l Realty License #01017277 Listed on: 03/15/2016

Last Buyer's Agent

Robert Taylor

Surterre Properties Inc. License #00554873

Surterre Properties Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 2,550

Home Design

  • Cottage
  • Cosmetic Repairs Needed
  • Fixer Upper

Interior Spaces

  • 600 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Laminate Flooring

Kitchen

  • Galley Kitchen
  • Gas Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Available
  • Driveway

Outdoor Features

  • Ocean Side of Highway 1
  • Brick Porch or Patio
  • Exterior Lighting

Additional Features

  • 2,550 Sq Ft Lot
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 670
  • Assessor Parcel Number 42441216

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: No
  • Architectural Style: Cottage
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42441216
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 600.00
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 2100.00
  • Room Type: Galley Kitchen, Great Room

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Brick, Concrete, Slab
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Appliances: Gas Oven
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2550.00
  • Price Per Lot Square Foot: 494.12
  • Lot Size Acres: 0.0590

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2550.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 10
  • Tax Tract Number: 670

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2021
Sold by
Hakoupian Henrik
Bought by
Hakoupian Henrik and Asatourian Vahe
Current Estimated Value
$2,085,000

Purchase Details

Closed on
Oct 20, 2020
Sold by
Palazzola John L
Bought by
Asatourian Vahe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,039,500
Outstanding Balance
$935,498
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 15, 2016
Closed on
May 31, 2016
Sold by
Freyfogle John S and Freyfogle Diana L
Bought by
Palazzola John L
Seller's Agent
Tim Carr
Pacific Sotheby's Int'l Realty
Buyer's Agent
Robert Taylor
Surterre Properties Inc.
List Price
$1,349,000
Sold Price
$1,260,000
Premium/Discount to List
-$89,000
-6.6%

Purchase Details

Closed on
Oct 1, 2014
Sold by
Beck Alice E
Bought by
Beck Alice E
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
Hakoupian Henrik -- Accommodation
Asatourian Vahe -- Accommodation
Asatourian Vahe $2,325,000 First American Title Co Hsd
Hakoupian Henrik $1,525,000 First American Title Co Hsd
Palazzola John L $1,260,000 North American Title Company
Beck Alice E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hakoupian Henrik $1,039,500
Open Asatourian Vahe $1,511,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2016 06/10/16 Sold $1,260,000 -1.2% $2,100 / Sq Ft
06/03/2016 06/03/16 Pending -- -- --
05/23/2016 05/23/16 Price Changed $1,275,000 -5.5% $2,125 / Sq Ft
03/15/2016 03/15/16 For Sale $1,349,000 -- $2,248 / 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
2020 -- $1,688,591 $1,343,227 $345,364
2019 -- $1,518,251 $1,316,890 $201,361
2018 -- $1,291,069 $1,291,069 $0
2017 -- $1,285,200 $1,265,754 $19,446
2016 -- $80,561 $67,347 $13,214
2015 -- $79,351 $66,335 $13,016
2014 -- $77,797 $65,035 $12,762
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16054269

California Regional Multiple Listing Service (CRMLS)

APN: 424-412-16