208 29th St Newport Beach, CA 92663
West Newport Beach NeighborhoodEstimated Value: $2,844,000 - $3,753,000
4
Beds
3
Baths
1,814
Sq Ft
$1,799/Sq Ft
Est. Value
Highlights
- Property is near public transit
- No HOA
- Laundry Room
- Newport Elementary School Rated A
- Cooling System Mounted To A Wall/Window
- Tile Flooring
About This Home
As of May 2022Darling beach home with two units in separate structures. Front unit is a 2 bedroom, 2 bath cottage style beach home with private back patio space while the rear unit is a 2 bedroom, 1 bath open plan second floor unit with a private deck at the front door and sits above a 2 car alley accessed garage. There is also a non-conforming adorable studio on the ground floor contiguous to the 2 car garage. Great opportunity for income with long term tenancy, as well as short term vacation rentals, or even a full remodel for a custom home or two condos. With the ocean and sand in view just outside the front door, it is ideally located with only a two minute walk to the beach and five minute walk to the bay side. Restaurants, shopping, a Pavilions grocery store are all just a short walk away. Coin operated laundry units in garage. A fantastic location on the Newport Beach Peninsula. Please do not disturb tenants or walk on property.
Last Listed By
James Shute
J.W. Shute International License #01043871 Listed on: 04/11/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $31,046
Year Built
- Built in 1958
Lot Details
- 2,614 Sq Ft Lot
- 1 Common Wall
- Rectangular Lot
- Level Lot
Parking
- 2 Car Garage
- Parking Available
- Garage Door Opener
- Assigned Parking
Home Design
- Duplex
- Shingle Roof
Interior Spaces
- 1,814 Sq Ft Home
- 2-Story Property
Kitchen
- Gas Oven
- Free-Standing Range
- Dishwasher
- Disposal
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Location
- Property is near public transit
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 5 / 128
- Tax Tract Number 418
- Assessor Parcel Number 04710106
- $1,428 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
- Balboa Peninsula Subdivision
Recreation
- Bike Trail
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,450
- Trash Expense $360
- Water Sewer Expense $1,280
- Operating Expense $25,000
- Gross Income $97,800
- Net Operating Income $72,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 16, 2024
Sold by
Curiel Rivera and Curiel Carmen
Bought by
Rc Family Investments Llc
Total Days on Market
4
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
$350,000
Outstanding Balance
$349,012
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving
Estimated Equity
$2,684,062
Purchase Details
Listed on
Apr 11, 2022
Closed on
Apr 22, 2022
Sold by
Newport Happy Hour Llc
Bought by
Rc Family Investments Llc
Seller's Agent
James Shute
J.W. Shute International
Buyer's Agent
Michael Mucino
CAMDEN MCKAY REALTY
List Price
$2,600,000
Sold Price
$2,700,000
Premium/Discount to List
$100,000
3.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.94%
Original Mortgage
$2,100,000
Interest Rate
5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 9, 2015
Closed on
Jun 24, 2015
Sold by
Ullon Teri Lui Ferris and Ullon Angela A
Bought by
Newport Happy Hour Llc
Seller's Agent
Anne Bergman
Berkshire Hathaway HomeServices Lifestyle Properties
Buyer's Agent
James Shute
J.W. Shute International
List Price
$1,410,000
Sold Price
$1,355,000
Premium/Discount to List
-$55,000
-3.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.56%
Original Mortgage
$940,000
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 24, 2012
Sold by
Ullon Brian
Bought by
Ullon Angela A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,500
Interest Rate
3.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 6, 2011
Sold by
Ullon Teri Lu Ferris
Bought by
Ullon Angela A
Purchase Details
Closed on
Jan 5, 2005
Sold by
Berry James F
Bought by
Ullon Teri Lu Ferris
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 19, 1998
Sold by
Berry James E and Berry Nelly F
Bought by
Berry James F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
8.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 6, 1995
Sold by
Berry James E and Berry Nelly F
Bought by
Berry James E and Berry Nelly F
Purchase Details
Closed on
Sep 21, 1993
Sold by
Carr Ronald E and Carr Lois H
Bought by
Berry James E and Berry Nelly F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
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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 Newport Beach, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rc Family Investments Llc | -- | Atlas Title | |
| Rivera Elier | -- | Atlas Title | |
| Newport Happy Hour Llc | $1,355,000 | Ticor Title Company | |
| Ullon Angela A | -- | Ticor Title Riverside | |
| Ullon Teri Lu Ferris | -- | Ticor Title Riverside | |
| Ullon Angela A | -- | None Available | |
| Ullon Teri Lu Ferris | $950,000 | First American Title Co | |
| Berry James F | $280,000 | First American Title Co | |
| Berry James E | -- | -- | |
| Berry James E | $275,000 | Fidelity National Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rivera Elier | $350,000 | |
| Previous Owner | Newport Happy Hour Llc | $865,000 | |
| Previous Owner | Newport Happy Hour Llc | $950,000 | |
| Previous Owner | Newport Happy Hour Llc | $940,000 | |
| Previous Owner | Ullon Teri Lu Ferris | $685,500 | |
| Previous Owner | Ullon Teri Lu Ferris | $120,000 | |
| Previous Owner | Ullon Teri Lu Ferris | $680,000 | |
| Previous Owner | Berry James F | $795,000 | |
| Previous Owner | Berry James | $450,000 | |
| Previous Owner | Berry James F | $350,000 | |
| Previous Owner | Berry James F | $294,000 | |
| Previous Owner | Berry James F | $49,500 | |
| Previous Owner | Berry James F | $196,000 | |
| Previous Owner | Berry James E | $175,000 | |
| Closed | Berry James F | $34,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/27/2022 05/27/22 | Sold | $2,700,000 | +3.8% | $1,488 / Sq Ft |
| 04/15/2022 04/15/22 | Pending | -- | -- | -- |
| 04/11/2022 04/11/22 | For Sale | $2,600,000 | +91.9% | $1,433 / Sq Ft |
| 07/14/2015 07/14/15 | Sold | $1,355,000 | 0.0% | $645 / Sq Ft |
| 07/14/2015 07/14/15 | Sold | $1,355,000 | -3.9% | $645 / Sq Ft |
| 06/15/2015 06/15/15 | Pending | -- | -- | -- |
| 06/15/2015 06/15/15 | Pending | -- | -- | -- |
| 06/11/2015 06/11/15 | For Sale | $1,410,000 | 0.0% | $671 / Sq Ft |
| 05/17/2015 05/17/15 | Pending | -- | -- | -- |
| 04/09/2015 04/09/15 | For Sale | $1,410,000 | 0.0% | $671 / Sq Ft |
| 04/09/2015 04/09/15 | For Sale | $1,410,000 | -- | $671 / 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 | $31,046 | $2,809,080 | $2,739,607 | $69,473 |
| 2023 | $30,341 | $2,754,000 | $2,685,889 | $68,111 |
| 2022 | $17,335 | $1,511,525 | $1,447,308 | $64,217 |
| 2021 | $17,019 | $1,481,888 | $1,418,930 | $62,958 |
| 2020 | $16,860 | $1,466,694 | $1,404,381 | $62,313 |
| 2019 | $15,613 | $1,437,936 | $1,376,844 | $61,092 |
| 2018 | $15,304 | $1,409,742 | $1,349,847 | $59,895 |
| 2017 | $15,035 | $1,382,100 | $1,323,379 | $58,721 |
| 2016 | $14,700 | $1,355,000 | $1,297,430 | $57,570 |
| 2015 | $11,738 | $1,067,385 | $994,869 | $72,516 |
| 2014 | $11,463 | $1,046,477 | $975,381 | $71,096 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2022
James Shute
J.W. Shute International
(714) 609-9521
-
Michael Mucino
Buyer's Agent in 2022
Michael Mucino
CAMDEN MCKAY REALTY
(909) 841-0243
1 in this area
124 Total Sales
-
A
Seller's Agent in 2015
Anne Bergman
Berkshire Hathaway HomeServices Lifestyle Properties
-
carole meikle
c
Seller Co-Listing Agent in 2015
carole meikle
Compass
(949) 322-3183
11 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22072638
APN: 047-101-06
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