Seller's Agent in 2019
Jordan Bennett
Regency Real Estate Brokers
(949) 282-9381
312 Total Sales
1313 W Bay Ave Newport Beach, CA 92661
Central Newport Beach NeighborhoodEstimated Value: $2,874,500
3
Beds
2
Baths
1,082
Sq Ft
$2,657/Sq Ft
Est. Value
Highlights
- Marina
- Beach Access
- Wood Flooring
- Newport Elementary School Rated A
- Across the Road from Lake or Ocean
- 2-minute walk to Newport Beach Playground
About This Home
As of June 2019Excellent opportunity to own this charming single level, 2-unit, beach cottage in the heart of Balboa Peninsula. This adorable home is superbly nestled between the Beach and Bay with close proximity to the renowned surf spot "The Point" and Balboa and Newport Piers, Shops, Dining, pristine sandy beaches, short walk to Marina Park Community and Sailing center, and easy access to Harbor's edge on 15th St. Property consists of two detached buildings, the front residence includes 2 bedrooms and 1 bath, separated from the back-studio unit by a sunny patio in between. The studio unit includes a bathroom and is attached to the 2-car garage with a laundry room. Currently operating as a short-term vacation rental, this is an ideal investment opportunity. The charming front patio and white picket fence welcomes you onto the property, once inside, the light and bright interior will impress. Some of the many fine features include wood laminate floors throughout, wood shutters, cozy fireplace, and French doors opening to the patio, creating an ideal indoor-outdoor living area. The spacious family-style kitchen has plenty of counterspace and storage with a spacious dining area. Enjoy cool ocean breezes while relaxing on the back patio, perfect for entertaining family and friends. Opportunities like this are rare indeed, just steps from the world-famous harbor and Newport's iconic 10th Street Beach, you cannot beat this location!
Last Agent to Sell the Property
Regency Real Estate Brokers License #01850869 Listed on: 06/04/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,446
Year Built
- Built in 1947
Lot Details
- 2,769 Sq Ft Lot
- Wood Fence
- Block Wall Fence
Parking
- 2 Car Garage
- Parking Available
Home Design
- Bungalow
- Composition Roof
- Stucco
Interior Spaces
- 1,082 Sq Ft Home
- 1-Story Property
- Plantation Shutters
- Blinds
- French Doors
- Living Room with Fireplace
- Neighborhood Views
- Laundry Room
Kitchen
- Eat-In Kitchen
- Gas Cooktop
- Tile Countertops
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
- Bathtub
- Walk-in Shower
Outdoor Features
- Beach Access
- Enclosed Patio or Porch
Location
- Across the Road from Lake or Ocean
- Property is near a park
Utilities
- Central Heating
Listing and Financial Details
- Tax Lot 9
- Tax Tract Number 628
- Assessor Parcel Number 04723308
Community Details
Overview
- No Home Owners Association
Recreation
- Marina
- Water Sports
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 12, 2022
Sold by
Niner Properties
Bought by
Shaffer Randall Oliver and The Randall Oliver Shaffer Living Trust
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,730,000
Outstanding Balance
$1,599,712
Interest Rate
3.05%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 10, 2021
Sold by
Niner Properties Llc
Bought by
Randall Oliver Shaffer Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,730,000
Interest Rate
3.05%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 30, 2021
Sold by
Niner Properties Llc
Bought by
Rivera Paul Enrique and Rivera Kathy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,111,250
Interest Rate
2.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 13, 2020
Sold by
Ssd Carousel Beach Properties Llc
Bought by
Niner Properties Llc
Purchase Details
Listed on
Jun 4, 2019
Closed on
Jul 24, 2019
Sold by
Daniels Sandra Segerstrom
Bought by
Ssd Carousel Beach Properties Llc
Seller's Agent
Jordan Bennett
Regency Real Estate Brokers
Buyer's Agent
Nicolai Glazer
Pacific Sotheby's Int'l Realty
List Price
$1,799,900
Sold Price
$1,750,000
Premium/Discount to List
-$49,900
-2.77%
Purchase Details
Listed on
Jun 4, 2019
Closed on
Jun 10, 2019
Sold by
Flores Carlos L
Bought by
Daniels Sandra Segerstrom
Seller's Agent
Jordan Bennett
Regency Real Estate Brokers
Buyer's Agent
Nicolai Glazer
Pacific Sotheby's Int'l Realty
List Price
$1,799,900
Sold Price
$1,750,000
Premium/Discount to List
-$49,900
-2.77%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shaffer Randall Oliver | $2,180,000 | Ticor Title | |
| Randall Oliver Shaffer Living Trust | $2,180,000 | Ticor Title | |
| Rivera Paul Enrique | $2,815,000 | Ticor Title | |
| Niner Properties Llc | -- | None Available | |
| Ssd Carousel Beach Properties Llc | -- | None Available | |
| Daniels Sandra Segerstrom | $1,750,000 | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shaffer Randall Oliver | $1,730,000 | |
| Previous Owner | Randall Oliver Shaffer Living Trust | $1,730,000 | |
| Previous Owner | Rivera Paul Enrique | $2,111,250 | |
| Previous Owner | Flores Carlos L | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2019 06/20/19 | Sold | $1,750,000 | 0.0% | $1,617 / Sq Ft |
| 06/10/2019 06/10/19 | Off Market | $1,750,000 | -- | -- |
| 06/07/2019 06/07/19 | Pending | -- | -- | -- |
| 06/04/2019 06/04/19 | For Sale | $1,799,900 | -- | $1,663 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2021 | $18,446 | $1,718,577 | $1,718,577 | $0 |
| 2020 | $18,785 | $1,750,000 | $1,700,956 | $49,044 |
| 2019 | $1,584 | $116,440 | $83,492 | $32,948 |
| 2018 | $1,556 | $114,157 | $81,855 | $32,302 |
| 2017 | $1,530 | $111,919 | $80,250 | $31,669 |
| 2016 | $1,499 | $109,725 | $78,676 | $31,049 |
| 2015 | $1,482 | $108,077 | $77,494 | $30,583 |
| 2014 | $1,449 | $105,960 | $75,976 | $29,984 |
Source: Public Records
Agents Affiliated with this Home
-
Jordan Bennett
-
Nicolai Glazer
Buyer's Agent in 2019
Nicolai Glazer
Pacific Sotheby's Int'l Realty
(949) 644-6200
5 in this area
94 Total Sales
-
Wendy Maddocks
Buyer Co-Listing Agent in 2019
Wendy Maddocks
eXp Realty of California
(949) 378-9275
14 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC19126692
APN: 047-233-08
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