NOT LISTED FOR SALE
4 Beds
3 Baths
-- Sq Ft
2,566 Sq Ft Lot

Sale Details

Date Sold: April 17, 2015

Last sale price $1,240,000

49 Days on Market

Highlights

  • Peek-A-Boo Views
  • Open Floorplan
  • No HOA
  • Newport Elementary School Rated A
  • Granite Countertops
  • 1-minute walk to Channel Place Park

About This Home

As of April 2015

JUST REDUCED. Great Duplex in the first block. Steps to sand. Remodeled in 2014 with new kitchens and baths. Granite & quartz counter tops and all new appliances. New flooring, painted inside and out. Lower unit 2 bedroom/2bath with patio. Upper unit 2 bedroom/1 bath with enclosed deck. Peek-a-View Ocean View. 2 car garage with washer/dryer hook-ups in garage. Shared. Shows great. Call for an appointment.

Last Agent to Sell the Property

Joan Trout

Compass License #00578819 Listed on: 01/20/2015

Compass

Last Buyer's Agent

Parnaz Nasibi

First Team Real Estate License #01934369

First Team Real Estate
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 2,566 Sq Ft Lot
  • No Common Walls
  • Fence is in average condition
  • Level Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Composition Roof

Interior Spaces

  • Open Floorplan
  • Built-In Features
  • Living Room with Fireplace
  • Carpet
  • Peek-A-Boo Views
  • Carbon Monoxide Detectors

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 16 / 45
  • Tax Tract Number 670
  • Assessor Parcel Number 42441324

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $13,690
  • Gross Income $58,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1958 | Remodeled

Lot Details

2,566 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • Security: Carbon Monoxide Detector(s)
  • Subdivision Name Other: Central Newport (CNEW)
  • View: Yes
  • Zoning: R2
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 42441324
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Built-in Features, Granite Counters, Open Floorplan
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Room Type: Living Room, Master Bedroom

Exterior Features

  • View: Peek-A-Boo
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre, Level
  • Lot Size Sq Ft: 2566.00
  • Lot Size Acres: 0.0590

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 58800.00
  • Gross Scheduled Income: 58800.00
  • Lot Size Area: 2566.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Rent Control: No
  • Total Actual Rent: 4900.00

Tax Info

  • New Taxes Expense: 13690.00
  • Tax Block: 45
  • Tax Lot: 16
  • Tax Tract Number: 670
  • Tax Year: 2014

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2015
Closed on
Apr 16, 2015
Sold by
Kalasbail Prathima
Bought by
Seller's Agent
Joan Trout
Compass
Buyer's Agent
Parnaz Nasibi
First Team Real Estate
List Price
$1,369,000
Sold Price
$1,240,000
Premium/Discount to List
-$129,000
-9.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$806,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 20, 2015
Closed on
Mar 17, 2015
Sold by
Wang Michael and Wang Camille T
Bought by
Gautam Sudarshan K
Seller's Agent
Joan Trout
Compass
Buyer's Agent
Parnaz Nasibi
First Team Real Estate
List Price
$1,369,000
Sold Price
$1,240,000
Premium/Discount to List
-$129,000
-9.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$806,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 4, 2013
Sold by
Schultz William J and Schultz Eliana R
Bought by
Wang Michael and Wang Camille T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.28%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 24, 2008
Sold by
Schultz William J and Schultz Eliana R
Bought by
Schultz William J and Schultz Eliana R

Purchase Details

Closed on
May 14, 2003
Sold by
Schultz William J and Wang Michael
Bought by
Schultz William J and Schultz Eliana R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
5.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 15, 1998
Sold by
Glen Allen
Bought by
Schultz William J and Wang Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,500
Interest Rate
6.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 28, 1994
Sold by
Schultz Eliana Raquel
Bought by
Schultz William J

Purchase Details

Closed on
Aug 10, 1994
Sold by
Home Svgs Of America
Bought by
Allen Glen C and Schultz William J

Purchase Details

Closed on
Jul 19, 1994
Sold by
Serrano Reconveyance Company
Bought by
Home Svgs Of America

Purchase Details

Closed on
Feb 7, 1994
Sold by
Phelps Debra M
Bought by
Purciel Michael J
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title Company
Gautam Sudarshan K $1,240,000 First American Title Company
Wang Michael -- Equity Title
Schultz William J -- None Available
Schultz William J -- First American Title Ins Co
Schultz William J -- Gateway Title Company
Schultz William J -- Chicago Title Company
Wang Michael -- Chicago Title Company
Allen Glen C $305,000 Chicago Title Company
Home Svgs Of America $335,564 Continental Lawyers Title Co
Purciel Michael J -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $370,000
Open Gautam Sudarshan K $1,053,001
Closed Gautam Sudarshan K $806,000
Previous Owner Wang Michael $417,000
Previous Owner Schultz William J $305,000
Previous Owner Schultz William J $318,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/17/2015 04/17/15 Sold $1,240,000 -9.4% --
03/10/2015 03/10/15 Pending -- -- --
01/20/2015 01/20/15 For Sale $1,369,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $16,180 $1,520,096 $1,423,919 $96,177
2025 $15,920 $1,490,291 $1,395,999 $94,292
2024 $15,920 $1,461,070 $1,368,626 $92,444
2023 $15,544 $1,432,422 $1,341,790 $90,632
2022 $15,283 $1,404,336 $1,315,481 $88,855
2021 $14,992 $1,376,800 $1,289,687 $87,113
2020 $14,848 $1,362,683 $1,276,463 $86,220
2019 $14,546 $1,335,964 $1,251,434 $84,530
2018 $14,259 $1,309,769 $1,226,896 $82,873
2017 $14,008 $1,284,088 $1,202,839 $81,249
2016 $13,696 $1,258,910 $1,179,254 $79,656
2015 $9,800 $883,296 $799,082 $84,214
2014 -- $865,994 $783,429 $82,565
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15012735

California Regional Multiple Listing Service (CRMLS)
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