NOT LISTED FOR SALE

Estimated Value: $3,630,502 - $6,520,000

3 Beds
3 Baths
1,335 Sq Ft
$3,643/Sq Ft Est. Value

Last Sold May 29, 2014

Last sale price $3,100,000 $2,322 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $29,812/month

7 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Open Floorplan
  • Newport Elementary School Rated A
  • Updated Kitchen
  • Main Floor Bedroom

About This Home

As of May 2014

Beautifully remodeled duplex. Lower unit has 2 bedrooms, 2 baths with large open deck and great location--on the beach. The unit features gourmet kitchen with granite counters, bamboo kitchen cabinets, tile floors, new plumbing and lighting fixtures. New appliances, new doors and windows, private laundry room for both units, private enclosed garage, and underground utilities. Our Oceanfront duplex offers 1,335 square feet on a spacious 2,252 square foot lot. The upper back-unit features a 1 bedroom, 1 bath with new carpet, laminate flooring, and appliances. The unit has sweeping ocean views from the breakfast nook and living room. Both units have private, enclosed garages with easy alley access and separate. Panoramic views of the beach, ocean, and Catalina Island. Gorgeous sunsets. Walk/bike to restaurants, new shopping center, pier, and shops. See, smell, and hear the wave up close. Zoned R2, A rare opportunity to build your dream single family home or new duplex on Oceanfront!

Last Agent to Sell the Property

Mehdi Khosh

Berkshire Hathaway HomeService License #00892388 Listed on: 04/04/2014

Berkshire Hathaway HomeService

Co-Listed By

Shervin Rafii

eXp Realty of Southern California, Inc License #01925441

Last Buyer's Agent

Mehdi Khosh

Berkshire Hathaway HomeService License #00892388 Listed on: 04/04/2014

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,743

Year Built

  • Built in 1953

Lot Details

  • 2,252 Sq Ft Lot
  • Beach Front
  • Property fronts an alley

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Views of a pier
  • Catalina
  • Panoramic

Home Design

  • Wood Product Walls

Interior Spaces

  • 1,335 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Family Room
  • Living Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Cooktop
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Accessible Home Design

  • No Interior Steps
  • More Than Two Accessible Exits

Outdoor Features

  • Wood Patio
  • Exterior Lighting

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 5 / 31
  • Tax Tract Number 512
  • Assessor Parcel Number 04708108

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,743

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley
  • Subdivision Name Other: West Newport Beach (WSNB)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04708108
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1335.00
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Open Floorplan, Recessed Lighting, Wood Product Walls
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: 2+ Access Exits, No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Area
  • Levels: Two
  • Price Per Square Foot: 2322.10
  • Room Type: Family Room, Living Room, Main Floor Bedroom
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Catalina, Coastline, Ocean, Panoramic, Pier, Water
  • Patio And Porch Features: Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Appliances: Gas Cooktop
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Size Sq Ft: 2252.00
  • Lot Size Acres: 0.0520

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2252.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Waterfront Features: Beach Access, Beach Front, Ocean Front

Tax Info

  • Tax Block: 31
  • Tax Lot: 5
  • Tax Tract Number: 512

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2014
Closed on
Apr 24, 2014
Sold by
Nashed Lisa M
Bought by
Nashed Mark
Seller's Agent
Mehdi Khosh
Berkshire Hathaway HomeService
Buyer's Agent
Mehdi Khosh
Berkshire Hathaway HomeService
List Price
$3,330,000
Sold Price
$3,100,000
Premium/Discount to List
-$230,000
-6.91%
Current Estimated Value
$4,863,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,763,626
Avg. Annual Appreciation
4.08%
Original Mortgage
$1,860,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 4, 2014
Closed on
Apr 10, 2014
Sold by
Slayback Paul C and Slayback Carolyn A
Bought by
Nashed Mark
Seller's Agent
Mehdi Khosh
Berkshire Hathaway HomeService
Buyer's Agent
Mehdi Khosh
Berkshire Hathaway HomeService
List Price
$3,330,000
Sold Price
$3,100,000
Premium/Discount to List
-$230,000
-6.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,860,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
Nashed Mark -- California Title
Nashed Mark $3,100,000 California Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nashed Mark $1,860,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2014 05/29/14 Sold $3,100,000 -6.9% $2,322 / Sq Ft
04/11/2014 04/11/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $3,330,000 -- $2,494 / 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 $39,743 $3,800,172 $3,717,318 $82,854
2024 $39,743 $3,725,659 $3,644,429 $81,230
2023 $38,814 $3,652,607 $3,572,969 $79,638
2022 $38,171 $3,580,988 $3,502,911 $78,077
2021 $37,439 $3,510,773 $3,434,226 $76,547
2020 $37,080 $3,474,775 $3,399,012 $75,763
2019 $36,311 $3,406,643 $3,332,365 $74,278
2018 $35,586 $3,339,847 $3,267,025 $72,822
2017 $34,957 $3,274,360 $3,202,965 $71,395
2016 $34,171 $3,210,157 $3,140,161 $69,996
2015 $33,850 $3,161,938 $3,092,993 $68,945
2014 $3,187 $259,323 $216,262 $43,061
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP14069055

California Regional Multiple Listing Service (CRMLS)

APN: 047-081-08