Seller's Agent in 2021
Brett Smith
Notch Luxury Properties
(949) 929-6351
1 in this area
67 Total Sales
129 E Bay Ave Newport Beach, CA 92661
Central Newport Beach Neighborhood
4
Beds
4
Baths
2,080
Sq Ft
2,614
Sq Ft
Highlights
- Open Floorplan
- Living Room with Attached Deck
- Built-In Features
- Newport Elementary School Rated A
- Granite Countertops
- Recessed Lighting
About This Home
As of June 2021Ideally located just a block from the beach and bay on the highly sought out Newport Peninsula. This updated duplex features an upper level unit with large bonus room with fireplace, fresh paint, new carpet and outdoor deck. The lower unit has a generous patio with direct access and plenty of space for entertaining and sunbathing. Each unit features 2 bedrooms and 2 baths, updated kitchens and baths and laminate wood floors. There is an attached 2 car garage with built in storage and access to the outdoor shower. Located within steps to the beach, bay, boardwalk, restaurants, entertainment, shopping and Balboa Fun Zone. Perfect property for owner/resident to take advantage of income potential or lease all of it out for short or long term rentals. Great opportunity!
Last Agent to Sell the Property
Notch Luxury Properties License #01365189 Listed on: 05/17/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960 | Remodeled
Lot Details
- 2,614 Sq Ft Lot
- No Common Walls
- Back Yard
Parking
- 2 Car Garage
Interior Spaces
- 2,080 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Built-In Features
- Recessed Lighting
- Family Room with Fireplace
- Living Room with Attached Deck
Kitchen
- Electric Oven
- Gas Range
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Utilities
- Forced Air Heating and Cooling System
- Sewer Paid
Listing and Financial Details
- Legal Lot and Block 1 / 1
- Tax Tract Number 219
- Assessor Parcel Number 04807223
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,500
- Trash Expense $500
- Water Sewer Expense $1,200
- Operating Expense $4,200
- Gross Income $89,400
- Net Operating Income $89,400
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/17/2021 06/17/21 | Sold | $2,495,000 | 0.0% | $1,200 / Sq Ft | |
| 05/17/2021 05/17/21 | For Sale | $2,495,000 | +44.2% | $1,200 / Sq Ft | |
| 03/13/2015 03/13/15 | Sold | $1,730,000 | -3.6% | $832 / Sq Ft | View Prior Sale |
| 02/18/2015 02/18/15 | Pending | -- | -- | -- | |
| 12/02/2014 12/02/14 | For Sale | $1,795,000 | -- | $863 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $28,406 | $2,700,667 | $2,381,350 | $319,317 |
| 2024 | $28,406 | $2,647,713 | $2,334,657 | $313,056 |
| 2023 | $27,740 | $2,595,798 | $2,288,880 | $306,918 |
| 2022 | $28,146 | $2,544,900 | $2,244,000 | $300,900 |
| 2021 | $21,524 | $1,892,006 | $1,813,557 | $78,449 |
| 2020 | $21,325 | $1,872,606 | $1,794,961 | $77,645 |
| 2019 | $20,944 | $1,835,889 | $1,759,766 | $76,123 |
| 2018 | $20,682 | $1,799,892 | $1,725,261 | $74,631 |
| 2017 | $20,330 | $1,764,600 | $1,691,432 | $73,168 |
| 2016 | $19,894 | $1,730,000 | $1,658,266 | $71,734 |
| 2015 | $2,812 | $99,554 | $54,047 | $45,507 |
| 2014 | $2,742 | $97,604 | $52,988 | $44,616 |
Source: Public Records
Agents Affiliated with this Home
-
Brett Smith
-
Dane Smith
D
Seller Co-Listing Agent in 2021
Dane Smith
Notch Luxury Properties
(949) 307-3898
1 in this area
42 Total Sales
-
NoEmail NoEmail
N
Buyer's Agent in 2021
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
3 in this area
6,328 Total Sales
-
Andy Stavros
Seller's Agent in 2015
Andy Stavros
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
(949) 270-0466
37 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21102764
APN: 048-072-23
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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