$940,000
SOLD NOV 5, 2013
3 Beds
2 Baths
1,235 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$761 Per Sq Ft

6% Below List Price

57 Days on Market

Highlights

  • Private Pool
  • Beamed Ceilings
  • Bungalow
  • Newport Elementary School Rated A
  • 2 Car Attached Garage
  • Community Barbecue Grill

About This Home

As of June 2021

Great opportunity for your own beach cottage or investment. This is the FIRST TIME this classic mid-century beach house has ever been on the market. Family owned and loved for over 50 years. It is in a prime location in Newport Shores. Nice open feeling, 3 bed, 2 bath. Partial teak flooring and beamed ceilings. Live in it as it is or make it your own. It has been updated over the years and has a new roof. Beach living at its best. This is a great buy for Newport Beach, especially so close to ocean. Walk to surf and enjoy the Newport Shores Community with pool, tennis, clubhouse and BBQ. Bring your buyers or investors.

Last Agent to Sell the Property

Tracy Bowie

Pacific Sotheby's Int'l Realty License #01234314 Listed on: 08/07/2013

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Tori Rimlinger

Compass License #01512376

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,030

Year Built

  • Built in 1962

Lot Details

  • 2,614 Sq Ft Lot
  • Property fronts an alley

HOA Fees

  • $43 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Bungalow
  • Stucco

Interior Spaces

  • 1,235 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Private Pool
  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 4 / 14
  • Tax Tract Number 772
  • Assessor Parcel Number 04506208

Community Details

Recreation

  • Community Pool

Additional Features

  • Community Barbecue Grill

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,030

Year Built

Built in 1962

Lot Details

0

HOA Fees

$43 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley
  • Subdivision Name Other: Newport Shores (NEWS)
  • View: No
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04506208
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1235.00
  • Interior Amenities: Beamed Ceilings
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 761.13
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Features: Association, Community
  • Pool Private: Yes
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Pool
  • Association Fee: 43.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Size Sq Ft: 2614.00
  • Lot Size Acres: 0.0600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2614.0000 Square Feet
  • Number Of Units In Community: 455
  • Number Of Units Total: 455

Tax Info

  • Tax Block: 14
  • Tax Lot: 4
  • Tax Tract Number: 772

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
Jun 7, 2021
Sold by
Sharamitaro Paul J and Sharamitaro Tina L
Bought by
Barry James and Barry Emily
Seller's Agent
Nick Skawinski
First Team Real Estate
Buyer's Agent
Tori Rimlinger
Compass
List Price
$2,749,000
Sold Price
$2,475,000
Premium/Discount to List
-$274,000
-9.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.07%
Original Mortgage
$1,980,000
Outstanding Balance
$1,812,048
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,721,504

Purchase Details

Closed on
Feb 16, 2019
Sold by
Sharamitaro Paul and Sharamitaro Tina L
Bought by
Sharamitaro Paul J and Sharamitaro Tina L

Purchase Details

Listed on
Aug 7, 2013
Closed on
Oct 28, 2013
Sold by
Whitaker Donald J and Sladies Cynthia W
Bought by
Sharamitaro Paul and Sharamitaro Tina L
Seller's Agent
Tracy Bowie
Pacific Sotheby's Int'l Realty
Buyer's Agent
Tori Rimlinger
Compass
List Price
$997,000
Sold Price
$940,000
Premium/Discount to List
-$57,000
-5.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.98%
Original Mortgage
$150,000
Interest Rate
4.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 22, 2007
Sold by
Whitaker Mary R
Bought by
Whitaker Mary R and Jack C & Mary R Whitaker Revocable Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,475,000 Western Resources Title
Interfamily Deed Transfer -- None Available
Grant Deed $940,000 Lawyers Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,980,000 New Conventional
Previous Owner $1,225,000 New Conventional
Previous Owner $1,169,000 Construction
Previous Owner $150,000 Credit Line Revolving
Previous Owner $625,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 For Sale $3,750,000 +51.5% $1,361 / Sq Ft
06/09/2021 06/09/21 Sold $2,475,000 -0.8% $898 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
05/04/2021 05/04/21 Price Changed $2,495,000 -3.9% $906 / Sq Ft
04/26/2021 04/26/21 Price Changed $2,595,000 -2.1% $942 / Sq Ft
04/19/2021 04/19/21 Price Changed $2,650,000 -3.6% $962 / Sq Ft
04/09/2021 04/09/21 For Sale $2,749,000 +192.4% $998 / Sq Ft
11/05/2013 11/05/13 Sold $940,000 -5.7% $761 / Sq Ft
10/03/2013 10/03/13 Pending -- -- --
08/07/2013 08/07/13 For Sale $997,000 -- $807 / 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
2024 $28,030 $2,626,489 $2,179,094 $447,395
2023 $27,374 $2,574,990 $2,136,367 $438,623
2022 $26,921 $2,524,500 $2,094,477 $430,023
2021 $14,991 $1,397,164 $991,421 $405,743
2020 $14,846 $1,382,838 $981,255 $401,583
2019 $14,540 $1,355,724 $962,015 $393,709
2018 $14,780 $1,329,142 $943,152 $385,990
2017 $14,630 $1,303,081 $924,659 $378,422
2016 $13,573 $1,200,776 $906,529 $294,247
2015 $11,032 $958,781 $892,913 $65,868
2014 $10,774 $940,000 $875,422 $64,578
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP13158018

California Regional Multiple Listing Service (CRMLS)

APN: 045-062-08