1421 W Bay Ave Newport Beach, CA 92661
Central Newport Beach NeighborhoodEstimated Value: $2,466,000 - $3,930,000
2
Beds
1
Bath
1,726
Sq Ft
$1,777/Sq Ft
Est. Value
Highlights
- Marina
- No HOA
- 3-minute walk to Newport Beach Playground
- Newport Elementary School Rated A
About This Home
As of December 2013Premium location! This superb site is just two blocks to the ocean and four blocks to the Bayfront Beach. Great income potential. Includes shared, onsite laundry facilities and over-sized, two-car garage. This also includes 1421& 1/2 address. The subject property is being sold in it's present "AS IS" condition. No warranties expressed or implied are included in this sale. What a great opportunity to live or have a duplex right across from high end bay front homes.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,344
Year Built
- Built in 1947
Lot Details
- 2,701 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
- Parking Available
- Rear-Facing Garage
Interior Spaces
- 1,726 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Utilities
- Sewer Assessments
Listing and Financial Details
- Tax Lot 4
- Tax Tract Number 626
- Assessor Parcel Number 04722304
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Recreation
- Marina
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $733
- Insurance Expense $622
- Professional Management Expense $2,443
- Trash Expense $312
- Water Sewer Expense $412
- New Taxes Expense $10,387
- Gross Income $3,540
- Net Operating Income $37,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 20, 2013
Closed on
Dec 18, 2013
Sold by
Weiner Robert A and Weiner Kahn Sheila B
Bought by
Brysha Andre and Brysha Lucinda R
Seller's Agent
Mary McCoy
First Team Real Estate
Buyer's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
List Price
$1,450,000
Sold Price
$1,240,000
Premium/Discount to List
-$210,000
-14.48%
Total Days on Market
116
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,826,395
Avg. Annual Appreciation
8.28%
Original Mortgage
$979,600
Interest Rate
4.26%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 28, 2004
Sold by
Weiner Muriel M and Weiner Aaron H
Bought by
Weiner Muriel M
Purchase Details
Closed on
Jun 27, 2002
Sold by
Bowen Wallace E and Bowen Diane R
Bought by
Weiner Muriel M and Weiner Aaron H
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
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brysha Andre | $1,224,500 | First American Title Company | |
| Weiner Muriel M | -- | -- | |
| Weiner Muriel M | $840,000 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brysha Andre | $937,200 | |
| Closed | Brysha Andre | $969,000 | |
| Closed | Brysha Andre | $979,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/31/2013 12/31/13 | Sold | $1,240,000 | -14.5% | $718 / Sq Ft |
| 12/14/2013 12/14/13 | Pending | -- | -- | -- |
| 08/20/2013 08/20/13 | For Sale | $1,450,000 | -- | $840 / 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 |
|---|---|---|---|---|
| 2024 | $20,344 | $1,888,989 | $1,399,795 | $489,194 |
| 2023 | $19,864 | $1,851,950 | $1,372,348 | $479,602 |
| 2022 | $19,530 | $1,815,638 | $1,345,439 | $470,199 |
| 2021 | $19,156 | $1,780,038 | $1,319,058 | $460,980 |
| 2020 | $18,971 | $1,761,786 | $1,305,532 | $456,254 |
| 2019 | $17,058 | $1,595,258 | $1,279,934 | $315,324 |
| 2018 | $14,500 | $1,352,979 | $1,254,837 | $98,142 |
| 2017 | $14,027 | $1,293,371 | $1,230,233 | $63,138 |
| 2016 | $13,713 | $1,268,011 | $1,206,111 | $61,900 |
| 2015 | $13,581 | $1,248,965 | $1,187,994 | $60,971 |
| 2014 | $13,334 | $1,224,500 | $1,164,723 | $59,777 |
Source: Public Records
Agents Affiliated with this Home
-
Mary McCoy
M
Seller's Agent in 2013
Mary McCoy
First Team Real Estate
(949) 988-3000
1 Total Sale
-
Jon Flagg
Buyer's Agent in 2013
Jon Flagg
Pacific Sotheby's Int'l Realty
(949) 698-1910
2 in this area
135 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP13169978
APN: 047-223-04
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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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