NOT LISTED FOR SALE

Estimated Value: $2,536,775 - $4,020,000

2 Beds
1.5 Baths
1,056 Sq Ft
$3,176/Sq Ft Est. Value

Last Sold September 18, 2014

Last sale price $1,729,000 $1,637 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $19,531/month

7 Days on Market

Highlights

  • Private Dock Site
  • Home fronts a seawall
  • Ocean Side of Highway 1
  • Newport Elementary School Rated A
  • Boat Slip
  • 1-minute walk to 38th Street Park

About This Home

As of September 2014

B A Y F R O N T with P R I V A T E - D O C K! Opportunity knocks for those looking for the 'awe' in Shangri-La. This Mid-Century cottage offers the great room open floorplan with over-sized stone fireplace, as well as two generous sized bedrooms, with one and one-half baths. Facing North-West on one of the most desirable interior channels. Location is superb... close to all the action, beaches, restaurants, theater, parks etc... or repose on the rather large B A Y F R O N T patio contemplating life as the sunsets unfold and gondolas float by. First time on the market in years. Start living large in this cozy, picture perfect setting.

Last Agent to Sell the Property

Elizabeth Thamer

Pacific Sotheby's Int'l Realty License #01169245 Listed on: 08/07/2014

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Brad Gentry

Compass License #00716740

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,829

Year Built

  • Built in 1948

Lot Details

  • 2,357 Sq Ft Lot
  • Home fronts a seawall
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • Property fronts an alley
  • Southwest Facing Home
  • Block Wall Fence
  • Rectangular Lot
  • Level Lot
  • Property is zoned R1

Parking

  • 1 Car Attached Garage

Property Views

  • Bridge
  • Canal

Home Design

  • Custom Home
  • Slab Foundation
  • Interior Block Wall
  • Composition Roof

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Stained Glass
  • Living Room with Fireplace
  • Vinyl Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Free-Standing Range
  • Ceramic Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Boat Slip
  • Private Dock Site
  • Ocean Side of Highway 1
  • Concrete Porch or Patio

Location

  • Property is near a park
  • Suburban Location

Utilities

  • Central Heating
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 5 / 236
  • Tax Tract Number 164
  • Assessor Parcel Number 42337603

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,829

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley
  • Subdivision Name Other: Newport Island (NEWI)
  • View: Yes
  • Zoning: R1
  • Architectural Style: Custom Built
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42337603
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1056.00
  • Interior Amenities: Beamed Ceilings, Block Walls, Ceramic Counters, Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 1637.31
  • Room Type: All Bedrooms Down
  • Window Features: Stained Glass

Exterior Features

  • Patio: Yes
  • Direction Faces: Southwest
  • Foundation: Slab
  • Exterior Features: Boat Slip, Dock Private
  • View: Bridge(s), Canal, Water
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Block

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Disposal, Gas Range, Gas Water Heater
  • Heating Type: Central
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Level, Rectangular Lot, Park Nearby
  • Lot Size Sq Ft: 2357.00
  • Lot Size Acres: 0.0540

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2357.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Canal Front, Ocean Side Of Highway 1, Seawall

Tax Info

  • Tax Block: 236
  • Tax Lot: 5
  • Tax Tract Number: 164

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2014
Closed on
Nov 10, 2014
Sold by
Takahashi Nicholas J
Bought by
Takahashi Nicholas J Y and Nicholas Takahashi Trust
Seller's Agent
Elizabeth Thamer
Pacific Sotheby's Int'l Realty
Buyer's Agent
Brad Gentry
Compass
List Price
$1,779,000
Sold Price
$1,729,000
Premium/Discount to List
-$50,000
-2.81%
Current Estimated Value
$3,353,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,624,944
Avg. Annual Appreciation
6.08%

Purchase Details

Listed on
Aug 7, 2014
Closed on
Aug 15, 2014
Sold by
Benish Barbara
Bought by
Takahashi Nicholas J
Seller's Agent
Elizabeth Thamer
Pacific Sotheby's Int'l Realty
Buyer's Agent
Brad Gentry
Compass
List Price
$1,779,000
Sold Price
$1,729,000
Premium/Discount to List
-$50,000
-2.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,210,300
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 20, 2012
Sold by
Miller Dola M
Bought by
Miller Dola M and The Benish Trust

Purchase Details

Closed on
May 29, 2003
Sold by
Miller Dola B
Bought by
Miller Dola M and Benish Trust

Purchase Details

Closed on
May 28, 2003
Sold by
Miller Dola M
Bought by
Miller Dola B
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
Takahashi Nicholas J Y -- None Available
Takahashi Nicholas J $1,729,000 California Title Company
Miller Dola M -- Accommodation
Miller Dola M -- Old Republic Title Company
Miller Dola M -- Old Republic Title Company
Miller Dola M -- New Century Title Company
Miller Dola B -- New Century Title Company
Miller Dola B -- New Century Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Takahashi Nicholas J Y $1,207,325
Closed Takahashi Nicholas J $1,210,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2014 09/18/14 Sold $1,729,000 -2.8% $1,637 / Sq Ft
08/14/2014 08/14/14 Pending -- -- --
08/07/2014 08/07/14 For Sale $1,779,000 -- $1,685 / Sq Ft
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 $21,829 $2,077,995 $2,027,272 $50,723
2024 $21,829 $2,037,250 $1,987,521 $49,729
2023 $21,318 $1,997,304 $1,948,550 $48,754
2022 $20,964 $1,958,142 $1,910,343 $47,799
2021 $20,562 $1,919,748 $1,872,886 $46,862
2020 $20,365 $1,900,064 $1,853,682 $46,382
2019 $19,944 $1,862,808 $1,817,335 $45,473
2018 $19,547 $1,826,283 $1,781,701 $44,582
2017 $19,202 $1,790,474 $1,746,766 $43,708
2016 $18,771 $1,755,367 $1,712,516 $42,851
2015 $18,594 $1,729,000 $1,686,792 $42,208
2014 $1,888 $154,741 $128,451 $26,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP14168742

California Regional Multiple Listing Service (CRMLS)

APN: 423-376-03