NOT LISTED FOR SALE

3211 Broad St Newport Beach, CA 92663

Newport Heights Neighborhood

Estimated Value: $2,432,000 - $4,153,000

5 Beds
5 Baths
3,626 Sq Ft
$846/Sq Ft Est. Value

Last Sold September 20, 2018

Last sale price $1,640,000 $452 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $18,409/month

144 Days on Market

About This Home

As of September 2018

Wonderful two on a lot. Front house - 2 bedrooms and 2 baths. Single story. Built 1928. Approx. 1,312 sq.ft. Back house - 3 bedrooms and 3 baths. 2 car garage. Two story. Approx. 2,314 sq.ft. All bedrooms have private baths. Built approx. 1992. Total lot size is 7,841 sq.ft. Zoning district R-2, Two-Unit Residential. Perfect opportunity to expand, remodel or be rebuilt. Terrific layout for family compound or investment. In close proximity to Hoag Hospital, parks, Coast Hwy and Newport Blvd. Come on by and take a look today!

Last Agent to Sell the Property

Mike Vartanian

Legacy Real Estate License #00920875 Listed on: 03/22/2018

Co-Listed By

Gene Tsair

Legacy Real Estate License #01843673

Last Buyer's Agent

Danube Marandi

Berkshire Hathaway HomeService License #01108863

Berkshire Hathaway HomeService

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,225

Year Built

  • Built in 1992

Lot Details

  • 7,841 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Duplex

Interior Spaces

  • 3,626 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 27
  • Assessor Parcel Number 42528308

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,307
  • Fuel Expense $463
  • Gardener Expense $840
  • Insurance Expense $4,812
  • Maintenance Expense $1,827
  • Water Sewer Expense $851
  • New Taxes Expense $29,168
  • Operating Expense $39,268
  • Gross Income $60,600
  • Net Operating Income $21,332

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,225

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Newport Heights (NEWH)
  • Water Sewer Expenses: 851.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 42528308
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 452.29

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7841.00

Multi Family

  • Electric Expense: 1307.00
  • Fuel Expense: 463.00
  • Gross Income: 60600.00
  • Gross Scheduled Income: 60600.00
  • Insurance Expense: 4812.00
  • Maintenance Expense: 1827.00
  • Net Operating Income: 21332.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 39268.00
  • Rent Control: No
  • Total Expenses: 39268.00

Tax Info

  • New Taxes Expense: 29168.00
  • Tax Lot: 11
  • Tax Tract Number: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2018
Closed on
Sep 6, 2018
Sold by
Glen Walter and Chen Lydia
Bought by
Brpadway 162 Llc
Seller's Agent
Mike Vartanian
Legacy Real Estate
Buyer's Agent
Danube Marandi
Berkshire Hathaway HomeService
List Price
$1,900,000
Sold Price
$1,640,000
Premium/Discount to List
-$260,000
-13.68%
Current Estimated Value
$3,069,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,429,330
Avg. Annual Appreciation
10.20%

Purchase Details

Closed on
Mar 13, 1992
Sold by
Ku Danny and Ku Stella
Bought by
Chen Walter and Chen Lydia
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
Brpadway 162 Llc $1,641,818 California Title Co
Chen Walter -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2018 09/20/18 Sold $1,640,000 -4.9% $452 / Sq Ft
07/08/2018 07/08/18 Price Changed $1,725,000 -9.2% $476 / Sq Ft
03/22/2018 03/22/18 For Sale $1,900,000 -- $524 / 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 $20,225 $1,886,470 $1,543,840 $342,630
2024 $20,225 $1,849,481 $1,513,569 $335,912
2023 $19,755 $1,813,217 $1,483,891 $329,326
2022 $19,395 $1,777,664 $1,454,795 $322,869
2021 $18,392 $1,690,130 $1,426,269 $263,861
2020 $18,216 $1,672,800 $1,411,644 $261,156
2019 $17,846 $1,640,000 $1,383,964 $256,036
2018 $7,761 $681,650 $411,007 $270,643
2017 $7,704 $668,285 $402,948 $265,337
2016 $7,536 $655,182 $395,047 $260,135
2015 $7,461 $645,341 $389,113 $256,228
2014 $7,287 $632,700 $381,491 $251,209
Source: Public Records

Agents Affiliated with this Home

  • Mike Vartanian

    Seller's Agent in 2018

    Mike Vartanian

    Legacy Real Estate

    (714) 584-2700

    76 Total Sales

    Mike Vartanian
    Section Image

  • G

    Seller Co-Listing Agent in 2018

    Gene Tsair

    Legacy Real Estate

    (714) 644-9500

    49 Total Sales

    Gene Tsair
    Section Image
  • Danube Marandi

    Buyer's Agent in 2018

    Danube Marandi

    Berkshire Hathaway HomeService

    (949) 230-4626

    16 Total Sales

    Danube Marandi
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18066129

California Regional Multiple Listing Service (CRMLS)

APN: 425-283-08

California Orange County Newport Beach 92663 Newport Heights

3211 Broad St, Newport Beach, CA

This home is located at 3211 Broad St, Newport Beach, CA 92663 since 22 March 2018 and is currently estimated at $3,069,330, approximately $846 per square foot. This property was built in 1992. 3211 Broad St is a home located in Orange County with nearby schools including Newport Heights Elementary, Horace Ensign Intermediate School, and Newport Harbor High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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