Drew Teicheira
Harcourts Place
(877) 672-0775
90 Total Sales
8 in West Newport Beach
$1.9M - $7M Price Range
207 29th St Newport Beach, CA 92663
West Newport Beach Neighborhood
4
Beds
3
Baths
1,792
Sq Ft
2,375
Sq Ft Lot
Highlights
- Beach Front
- Ocean View
- Main Floor Primary Bedroom
- Newport Elementary School Rated A
- Fishing
- No HOA
About This Home
As of March 2024207 29th Street offers a unique opportunity for those seeking a blend of coastal living and investment potential in Newport Beach. Just STEPS from the ocean and a short walk to Balboa Peninsula's local restaurants and shops, this remodeled duplex sits on a quiet and wide street predominantly occupied by long-term residents, ensuring a tranquil environment away from peninsula street traffic and noise.
The UPPER unit with three-bedrooms and two-baths, completely remodeled in 2021 with contemporary upgrades, boasts vaulted ceilings, attractive flooring and a charming corner fireplace within an open-plan living room and kitchen area. This layout flows onto a generously-sized sunny patio, offering residents the luxury of peekaboo ocean views while enjoying the fresh ocean air and ambiance. The LOWER unit with one-bedroom and one-bath retains its original charm, including a fireplace and a large outdoor patio. Both units are rented on a month-to-month basis. Convenient parking options include a 3-car garage and an additional space in alley at the rear of the property.
Moreover, the property presents significant potential for redevelopment under Newport Beach zoning regulations. Permitted options for new construction include a two-story, two-unit duplex or condominium, and/or ADU configuration. Local architect Rod A. Jeheber has drafted plans (available to potential buyers) for a contemporary two-unit condominium with modern amenities and ocean views, catering to both full-time and part-time residents seeking a lock-and-go lifestyle.
Whether you're looking for a coastal retreat, an investment opportunity, or a combination of both, don't miss out on this prime opportunity to enjoy beach-life year around.
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Phone: 949-394-7640 License #01715854 Listed on: 02/15/2024
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1977 | Remodeled
Lot Details
- 2,375 Sq Ft Lot
- Beach Front
- No Common Walls
- Wood Fence
- Level Lot
- Density is up to 1 Unit/Acre
Parking
- 3 Car Direct Access Garage
- 1 Open Parking Space
- Parking Available
- Tandem Garage
- Driveway Level
Property Views
- Ocean
- Coastline
Home Design
- Duplex
- Entry on the 2nd floor
- Turnkey
- Slab Foundation
- Composition Roof
Interior Spaces
- 1,792 Sq Ft Home
- 2-Story Property
- Gas Fireplace
- Living Room with Fireplace
- Laminate Flooring
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry on upper level
- Laundry in Garage
Outdoor Features
- Fire Pit
Utilities
- Forced Air Heating System
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Legal Lot and Block 20 / 129
- Tax Tract Number 418
- Assessor Parcel Number 04707212
- $528 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Laundry Facilities
Recreation
- Fishing
- Water Sports
- Hiking Trails
- Bike Trail
Building Details
- 1 Leased Unit
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $104,400
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
Feb 15, 2024
Closed on
Feb 23, 2024
Sold by
Miller Family Trust
Bought by
Seller's Agent
Tom Billings
Coldwell Banker Realty
Buyer's Agent
Heather Reeves
Origin
List Price
$2,795,000
Sold Price
$2,795,000
Views
22
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,236,000
Interest Rate
6.64%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 15, 2022
Closed on
Aug 25, 2022
Sold by
Ralph H Reimer Revocable Trust
Bought by
Miller Family Trust
Seller's Agent
Larry Birnbaum
LMB Enterprises
Buyer's Agent
Tom Billings
Coldwell Banker Realty
List Price
$2,699,000
Sold Price
$2,265,000
Premium/Discount to List
-$434,000
-16.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.43%
Purchase Details
Closed on
Jun 17, 2015
Sold by
Reimer Ralph H
Bought by
Reimer Ralph H and Ralph H Reimer Revocable Trust
Purchase Details
Closed on
Jun 12, 2015
Sold by
Reimer Kasey Edward
Bought by
Reimer Ralph H
Purchase Details
Closed on
Dec 7, 2002
Sold by
Reimer Lori
Bought by
Reimer Kasey Edward
Home Values in the Area
Average Home Value in this Area
Agents Specializing in West Newport Beach, CA
-
Drew Teicheira
-
Joshua Coburn
Joshua Coburn
Chamberlain Real Estate
(858) 251-9237
51 Total Sales
1 in West Newport Beach
$2,075,000 Price
-
Teresa Gorman
Teresa Gorman
Fiduciary Real Estate Services
(949) 569-5182
78 Total Sales
1 in West Newport Beach
$2,900,000 Price
-
Jack Toro
Jack Toro
ehomes
(833) 972-2811
55 Total Sales
1 in West Newport Beach
$2,875,000 Price
-
Michael Mucino
Michael Mucino
CAMDEN MCKAY REALTY
(909) 341-1278
129 Total Sales
1 in West Newport Beach
$2,700,000 Price
-
Barbara Kerr
Barbara Kerr
BK Platinum Properties
(657) 385-8423
50 Total Sales
2 in West Newport Beach
$4,800,000 Price Range
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 |
|---|---|---|---|
| $2,795,000 | Equity Title | ||
| Miller Family Trust | $2,265,000 | First American Title | |
| Reimer Ralph H | -- | None Available | |
| Reimer Ralph H | -- | None Available | |
| Reimer Kasey Edward | -- | -- | |
| Reimer Ralph H | -- | -- |
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 | $2,214,000 | ||
| Closed | Fleming Michael Jason | $2,236,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 03/22/2024 03/22/24 | Sold | $2,795,000 | 0.0% | $1,560 / Sq Ft | |
| 02/17/2024 02/17/24 | Pending | -- | -- | -- | |
| 02/15/2024 02/15/24 | For Sale | $2,795,000 | +23.4% | $1,560 / Sq Ft | |
| 09/01/2022 09/01/22 | Sold | $2,265,000 | -5.6% | $1,264 / Sq Ft | View Prior Sale |
| 08/19/2022 08/19/22 | Price Changed | $2,399,000 | -7.7% | $1,339 / Sq Ft | |
| 08/09/2022 08/09/22 | Price Changed | $2,599,000 | -3.7% | $1,450 / Sq Ft | |
| 07/15/2022 07/15/22 | For Sale | $2,699,000 | -- | $1,506 / Sq Ft |
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 | $30,362 | $2,954,911 | $2,779,948 | $174,963 |
| 2025 | $24,856 | $2,850,900 | $2,725,439 | $125,461 |
| 2024 | $24,856 | $2,310,300 | $2,194,844 | $115,456 |
| 2023 | $24,272 | $2,265,000 | $2,151,807 | $113,193 |
| 2022 | $3,016 | $237,997 | $127,886 | $110,111 |
| 2021 | $2,961 | $233,331 | $125,379 | $107,952 |
| 2020 | $2,932 | $230,939 | $124,093 | $106,846 |
| 2019 | $2,881 | $226,411 | $121,660 | $104,751 |
| 2018 | $2,828 | $221,972 | $119,274 | $102,698 |
| 2017 | $2,780 | $217,620 | $116,935 | $100,685 |
| 2016 | $2,722 | $213,353 | $114,642 | $98,711 |
| 2015 | $2,694 | $210,149 | $112,920 | $97,229 |
| 2014 | -- | $206,033 | $110,708 | $95,325 |
Source: Public Records
Agents Affiliated with this Home
-
Tom Billings
Seller's Agent in 2024
Tom Billings
Coldwell Banker Realty
(949) 723-8800
2 in this area
4 Total Sales
-
Heather Reeves
Buyer's Agent in 2024
Heather Reeves
Origin
(888) 766-8686
1 in this area
37 Total Sales
-
Larry Birnbaum
Seller's Agent in 2022
Larry Birnbaum
LMB Enterprises
(714) 655-8108
5 in this area
58 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP24031230
APN: 047-072-12
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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