NOT LISTED FOR SALE

Estimated Value: $1,246,000 - $2,671,000

2 Beds
1 Bath
300 Sq Ft
$7,047/Sq Ft Est. Value

Highlights

  • Fishing
  • End Unit
  • Ductless Heating Or Cooling System
  • Newport Elementary School Rated A
  • No HOA
  • Laundry Room

About This Home

As of May 2024

Location! Location! Walk to the sandy beach from this charming updated ground-level studio just down the street from the Balboa Fun Zone and sparkling shores of the Newport Bay! Enjoy fantastic food from local restaurants just minutes away or take a stroll down the Newport Beach Pier! This home has a bedroom plus an attached bathroom and it is ready for move-in ASAP with new flooring, paint, a walk-in closet, plus extra shelving which is a great place for a microwave (no kitchen)! It also has community laundry just outside the home!

Last Agent to Rent the Property

Quinten Sharp

Sharp Homes Brokerage Phone: 714-315-7518 License #00973844 Listed on: 04/27/2024

Last Renter's Agent

Quinten Sharp

Sharp Homes Brokerage Phone: 714-315-7518 License #00973844 Listed on: 04/27/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,615

Year Built

  • Built in 1945

Lot Details

  • 2,614 Sq Ft Lot
  • End Unit
  • 1 Common Wall

Home Design

  • Studio

Interior Spaces

  • 300 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Exterior Lighting

Utilities

  • Ductless Heating Or Cooling System
  • Central Air
  • Heating Available

Listing and Financial Details

  • Security Deposit $2,000
  • Rent includes sewer, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 4/27/24
  • Legal Lot and Block 16 / 4
  • Tax Tract Number 510
  • Assessor Parcel Number 04809105

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Balboa Peninsula Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Fishing
  • Water Sports
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,615

Year Built

Built in 1945

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2024-04-27
  • Credit Check Paid By: Tenant
  • Deposit Security: 2000
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: No
  • Property Sub Type: Studio
  • Property Type: Residential Lease
  • Parcel Number: 04809105
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 300.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall, End Unit
  • Full And Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 5.00
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Ductless
  • Laundry Features: Community, Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Fishing, Watersports, Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 2614.00
  • Lot Size Acres: 0.0600

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months, 6 Months
  • Lot Size Area: 2614.0000 Square Feet
  • Number Of Units Total: 3
  • Rent Includes: Sewer, Trash Collection, Water

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 628.00
  • Tax Lot: 16
  • Tax Tract Number: 510

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2013
Sold by
Smith Richard H and Smith Karen L
Bought by
Smith Richard H and Smith Karen L
Current Estimated Value
$2,114,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2011
Sold by
Washko Edward D and Washko Mary Lu
Bought by
Washko Edward Douglas and Washko Mary Lu

Purchase Details

Closed on
Nov 4, 2010
Sold by
Washko Edward D and Washko Marylu
Bought by
Smith Richard H and Smith Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$538,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2009
Sold by
Smith Richard H and Smith Karen L
Bought by
Smith Richard H and Smith Karen L

Purchase Details

Closed on
Mar 24, 2008
Sold by
Washko Edward Douglas and Smith Karen
Bought by
Washko Edward D and Washko Marylu

Purchase Details

Closed on
Jul 11, 2007
Sold by
Washko Edward Douglas
Bought by
Washko Edward Douglas and Smith Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$756,231
Interest Rate
6.73%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 21, 2002
Sold by
Washko Marianne L
Bought by
Washko Marianne L
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Smith Richard H -- None Available
Washko Edward Douglas -- None Available
Smith Richard H -- Lsi
Washko Edward D -- Lsi
Smith Richard H -- None Available
Washko Edward D -- Accommodation
Washko Edward Douglas -- None Available
Washko Marianne L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Holden Gregory G $500,000
Closed Smith Richard H $504,000
Closed Smith Richard H $530,000
Closed Washko Edward D $538,000
Closed Washko Edward D $551,800
Closed Washko Edward Douglas $756,231
Closed Washko Marianne L $75,000
Closed Washko Marianne L $146,500
Closed Washko Marianne L $40,000
Closed Washko Marianne L $101,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2024 05/06/24 Rented $1,500 0.0% --
05/06/2024 05/06/24 Under Contract -- -- --
04/27/2024 04/27/24 For Rent $1,500 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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
2025 $1,615 $104,055 $65,489 $38,566
2024 $1,615 $102,015 $64,205 $37,810
2023 $1,572 $100,015 $62,946 $37,069
2022 $2,379 $98,054 $61,711 $36,343
2021 $2,591 $96,132 $60,501 $35,631
2020 $2,572 $95,147 $59,881 $35,266
2019 $2,584 $93,282 $58,707 $34,575
2018 $2,685 $91,453 $57,555 $33,898
2017 $2,651 $89,660 $56,426 $33,234
2016 $2,616 $87,902 $55,319 $32,583
2015 $2,630 $86,582 $54,488 $32,094
2014 $2,564 $672,446 $633,064 $39,382
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24084356

California Regional Multiple Listing Service (CRMLS)

APN: 048-091-05