NOT LISTED FOR SALE

Estimated Value: $3,193,339 - $5,179,000

4 Beds
3 Baths
1,710 Sq Ft
$2,322/Sq Ft Est. Value

Last Sold April 24, 2018

Last sale price $2,125,000 $1,243 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $22,506/month

37 Days on Market

Highlights

  • Ocean Front
  • Private Dock Site
  • Cape Cod Architecture
  • Newport Elementary School Rated A
  • Ocean Side of Highway 1
  • 2-minute walk to 38th Street Park

About This Home

As of April 2018

Lowest priced property on the water in Newport! Dont miss your chance to own a home with a dock on Newport Island! Currently property is a duplex, total of 3 bedrooms and 2 bathrooms in the front and a studio in the back, rented month to month. Property is dated but in good condition and in a great location with a peak-a-boo ocean view!

Last Agent to Sell the Property

Sean Jarne

First Team Real Estate License #01447010 Listed on: 01/12/2018

First Team Real Estate

Last Buyer's Agent

Sean Jarne

First Team Real Estate License #01447010 Listed on: 01/12/2018

First Team Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 2,860 Sq Ft Lot
  • Lot Dimensions are 101 x 29
  • Ocean Front
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • South Facing Home
  • Block Wall Fence
  • Corner Lot
  • Property is zoned r2

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Side Facing Garage
  • Parking Lot

Property Views

  • Ocean
  • Bay
  • Bridge

Home Design

  • Cape Cod Architecture
  • Entry on the 1st floor
  • Fixer Upper
  • Slab Foundation
  • Interior Block Wall
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,710 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Dining Room
  • Tile Flooring
  • Firewall

Kitchen

  • Open to Family Room
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer Hookup

Accessible Home Design

  • Doors swing in

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Private Dock Site
  • Docks
  • Ocean Side of Highway 1
  • Concrete Porch or Patio
  • Shed

Schools

  • Newport Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Central Heating
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • Sewer Paid
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 1 / 338
  • Tax Tract Number 164
  • Assessor Parcel Number 42307503

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

2,860 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Firewall(s)
  • View: Yes
  • Well Report: No
  • Zoning: r2
  • Architectural Style: Cape Cod
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42307503
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1710.00 Square Feet
  • Interior Amenities: Block Walls
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Accessibility Features: Doors - Swing In
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Dining Room
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1242.69
  • Room Type: Family Room
  • Window Features: Blinds
  • Bathroom Features: Shower
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Slab
  • Other Structures: Shed(s)
  • Exterior Features: Dock Private
  • View: Bay, Bridge(s), Ocean, Water
  • Fence: Yes
  • Fencing: Block
  • Builder Name: Unknown
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Side, Parking Space
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Electric: 220 Volts in Kitchen
  • Heating Type: Central
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs

Schools

  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size: 101 X 29
  • Lot Size Sq Ft: 2860.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Beach Access, Canal Front, Includes Dock, Navigable Water, Ocean Access, Ocean Front, Ocean Side of Freeway, Ocean Side Of Highway 1, Sea Front, Seawall

Tax Info

  • Tax Block: 338
  • Tax Census Tract: 635.00
  • Tax Lot: 1
  • Tax Model: 1
  • Tax Tract: 164
  • Tax Tract Number: 164

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2019
Sold by
Ivey Michael and Ivey Audrey
Bought by
Ivey Michael S and Ivey Audrey M
Current Estimated Value
$3,970,835

Purchase Details

Listed on
Jan 12, 2018
Closed on
Mar 15, 2018
Sold by
Allen Douglas Brent and Allen Robert Scott
Bought by
Ivey Michael and Ivey Audrey
Seller's Agent
Sean Jarne
First Team Real Estate
Buyer's Agent
Sean Jarne
First Team Real Estate
List Price
$2,300,000
Sold Price
$2,125,000
Premium/Discount to List
-$175,000
-7.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.32%
Original Mortgage
$1,700,000
Outstanding Balance
$1,434,364
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,536,471

Purchase Details

Closed on
May 27, 2004
Sold by
Allen Patricia Anne
Bought by
Allen Patricia Anne and Allen Living Trust

Purchase Details

Closed on
Oct 23, 1995
Sold by
Allen Robert W and Allen Patricia Anne
Bought by
Allen Robert W and Allen Patricia Anne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ivey Michael S -- None Available
Ivey Michael $2,125,000 Western Resources Title Co
Allen Patricia Anne -- --
Allen Robert W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ivey Michael $1,700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2018 04/24/18 Sold $2,125,000 -7.6% $1,243 / Sq Ft
02/18/2018 02/18/18 Pending -- -- --
02/14/2018 02/14/18 Price Changed $2,299,999 0.0% $1,345 / Sq Ft
01/12/2018 01/12/18 For Sale $2,300,000 -- $1,345 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $25,336 $2,417,885 $2,330,232 $87,653
2024 $25,336 $2,370,476 $2,284,541 $85,935
2023 $24,743 $2,323,997 $2,239,747 $84,250
2022 $24,332 $2,278,429 $2,195,830 $82,599
2021 $23,866 $2,233,754 $2,152,774 $80,980
2020 $23,637 $2,210,850 $2,130,700 $80,150
2019 $23,148 $2,167,500 $2,088,921 $78,579
2018 $1,957 $159,383 $115,298 $44,085
2017 $1,923 $156,258 $113,037 $43,221
2016 $1,882 $153,195 $110,821 $42,374
2015 $1,861 $150,894 $109,156 $41,738
2014 $1,816 $147,939 $107,018 $40,921
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG18009299

California Regional Multiple Listing Service (CRMLS)

APN: 423-075-03

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