NOT LISTED FOR SALE

Estimated Value: $3,126,000 - $5,092,272

2 Beds
2 Baths
1,300 Sq Ft
$3,492/Sq Ft Est. Value

Last Sold September 15, 2014

Last sale price $2,150,000 $1,654 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $27,421/month

10 Days on Market

Highlights

  • Private Dock Site
  • Home fronts a seawall
  • Spa
  • Newport Elementary School Rated A
  • Boat Slip
  • 2-minute walk to 38th Street Park

About This Home

As of September 2014

A Hidden Gem! Charming Mid-Century style bay front cottage on the private and picturesque Rivo Alto channel! Step inside this beautifully maintained two bedroom, two bath home and you will quickly realize why it has been years since one of these bay front homes has become available. Light, bright, great room-concept floor plan with French doors opening to oversized patio with adjoining private pier and dock. Sit back and relax! Enjoy the tranquil water views and the Venetian gondolas floating by. Couple this with the prime Peninsula location, oversized two car garage parking, and easy beach access and you have one of the best opportunities on the market...not to mention a lot size that affords room for expansion at a later date, and R-2 zoning. Whether a full time residence or weekend getaway retreat this charming water front bungalow will please the most discerning buyer.

Last Agent to Sell the Property

Tara Shapiro

Coldwell Banker Realty License #01892201 Listed on: 07/15/2014

Coldwell Banker Realty

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,841

Year Built

  • Built in 1954 | Remodeled

Lot Details

  • 3,049 Sq Ft Lot
  • Home fronts a seawall
  • Home fronts a canal
  • Paved or Partially Paved Lot

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • Bay
  • Canal

Home Design

  • Cottage

Interior Spaces

  • 1,300 Sq Ft Home
  • Open Floorplan
  • Plantation Shutters
  • Living Room with Fireplace
  • Eat-In Kitchen

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Spa Bath

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Spa
  • Boat Slip
  • Private Dock Site
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 4 / 239
  • Tax Tract Number 164
  • Assessor Parcel Number 42330304

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,841

Year Built

Built in 1954 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: Master Bedroom Furniture and Electronics
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Central Newport (CNEW)
  • View: Yes
  • Architectural Style: Cottage
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42330304
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1300.00
  • Interior Amenities: Open Floorplan
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 1653.85
  • Spa Features: Bath
  • Window Features: Plantation Shutters

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Boat Slip, Dock Private
  • View: Bay, Canal
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Laundry: Yes
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 3049.00
  • Lot Size Acres: 0.0700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3049.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Canal Front, Seawall

Tax Info

  • Tax Block: 239
  • Tax Lot: 4
  • Tax Tract Number: 164

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2014
Closed on
Sep 9, 2014
Sold by
Carden Thomas Mathew and Carden Claire Marguerite
Bought by
Rosen Richard L and The Richard L Rosen Revocable Trust
Seller's Agent
Tara Shapiro
Coldwell Banker Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$2,195,000
Sold Price
$2,150,000
Premium/Discount to List
-$45,000
-2.05%
Current Estimated Value
$4,539,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,389,068
Avg. Annual Appreciation
7.50%

Purchase Details

Closed on
Mar 17, 2003
Sold by
Carden Thomas Mathew and Carden Claire Marguerite
Bought by
Carden Thomas Mathew and Carden Claire Marguerite

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.73%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 22, 2002
Sold by
Carden Thomas Mathew and Carden Claire Marguerite
Bought by
Carden Thomas Mathew and Carden Claire Marguerite
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
Rosen Richard L $2,150,000 First American Title
Carden Thomas Mathew -- --
Carden Thomas M -- Fidelity National Title Co
Carden Thomas Mathew -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carden Thomas Mathew $250,350
Previous Owner Carden Thomas Mathew $250,000
Previous Owner Carden Thomas Mathew $160,000
Previous Owner Carden Thomas M $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2014 09/15/14 Sold $2,150,000 -2.1% $1,654 / Sq Ft
07/25/2014 07/25/14 Pending -- -- --
07/15/2014 07/15/14 For Sale $2,195,000 -- $1,688 / 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 $38,841 $3,588,944 $2,515,378 $1,073,566
2024 $38,841 $3,518,573 $2,466,057 $1,052,516
2023 $35,757 $3,237,203 $2,417,703 $819,500
2022 $26,680 $2,370,298 $2,370,298 $0
2021 $26,874 $2,387,193 $2,323,822 $63,371
2020 $26,647 $2,362,716 $2,299,994 $62,722
2019 $26,140 $2,316,389 $2,254,896 $61,493
2018 $24,220 $2,270,970 $2,210,682 $60,288
2017 $23,792 $2,226,442 $2,167,336 $59,106
2016 $23,257 $2,182,787 $2,124,839 $57,948
2015 $23,038 $2,150,000 $2,092,922 $57,078
2014 $5,075 $457,935 $381,571 $76,364
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP14151558

California Regional Multiple Listing Service (CRMLS)

APN: 423-303-04