NOT LISTED FOR SALE

400 29th St Newport Beach, CA 92663

West Newport Beach Neighborhood
1 Bed
1 Bath
1,000 Sq Ft
5,663 Sq Ft Lot

Last Sold March 12, 2015

Last sale price $1,600,000 $1,600 Per Sq Ft

138 Days on Market

About This Home

As of March 2015

Great opportunity to build on a double lot in Newport's commercial/ live work district.

Last Agent to Sell the Property

Colin Delaney

Gatehouse Properties License #01391590 Listed on: 08/13/2014

Co-Listed By

Gary Rocha

Patriot Real Estate License #01946859

Last Buyer's Agent

Colin Delaney

Gatehouse Properties License #01391590 Listed on: 08/13/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 5,663 Sq Ft Lot
  • No Common Walls

Home Design

  • 1,000 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Community Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1
  • Insurance Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • New Taxes Expense $1
  • Gross Income $2
  • Net Operating Income $1

Listing and Financial Details

  • Legal Lot and Block 10 / 230
  • Tax Tract Number 421
  • Assessor Parcel Number 04704312

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Commercial) (BPCD)
  • Water Sewer Expenses: 1.00
  • Property Type: Residential Income
  • Parcel Number: 04704312
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 1600.00

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 5663.00
  • Lot Size Acres: 0.1300

Multi Family

  • Electric Expense: 1.00
  • Gross Income: 2.00
  • Gross Scheduled Income: 2.00
  • Insurance Expense: 1.00
  • Lot Size Area: 5663.0000 Square Feet
  • Net Operating Income: 1.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Operating Expense: 1.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1.00
  • Tax Block: 230
  • Tax Lot: 10
  • Tax Tract Number: 421
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2020
Sold by
St James Diversified 29Th St Lido Llc
Bought by
Word Dawn P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,440,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2018
Sold by
Cannerey Project Newport Lp
Bought by
St James Diversified 29Th St Lido Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,081,400
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2015
Sold by
Westrem William J
Bought by
Cannery Project Newport Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,490,000
Interest Rate
3.61%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 17, 2011
Sold by
Westrem John L and Westrem Evelyn M
Bought by
Westrem John L and Westrem Evelyn M
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
Word Dawn P $3,050,000 Fidelity National Title
St James Diversified 29Th St Lido Llc $4,400,000 First American Title Co
Cannery Project Newport Lp $1,600,000 Lawyers Title
Westrem John L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open St James Diversified 29 Th St Lido Llc $3,015,000
Closed Word Dawn P $2,440,000
Previous Owner James Donald W $5,722,500
Previous Owner St James Diversified 29Th St Lido Llc $5,081,400
Previous Owner Cannery Project Ne --
Previous Owner Cannery Project Newport Lp $2,490,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2015 03/12/15 Sold $1,600,000 -19.8% $1,600 / Sq Ft
12/29/2014 12/29/14 Pending -- -- --
08/13/2014 08/13/14 For Sale $1,995,000 -- $1,995 / 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
2020 -- $4,727,760 $4,161,600 $566,160
2019 -- $4,638,000 $4,080,000 $558,000
2018 -- $1,979,025 $1,690,025 $289,000
2017 -- $1,656,888 $1,656,888 $0
2016 -- $1,624,400 $1,624,400 $0
2015 -- $1,365,753 $1,365,753 $0
2014 -- $83,789 $83,789 $0
Source: Public Records

Agents Affiliated with this Home

  • Colin Delaney

    Seller's Agent in 2015

    Colin Delaney

    Gatehouse Properties

    (714) 743-9882

    46 Total Sales

    Colin Delaney
    Section Image
  • Gary Rocha

    Seller Co-Listing Agent in 2015

    Gary Rocha

    Patriot Real Estate

    (949) 887-8096

    40 Total Sales

    Gary Rocha
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14173636

California Regional Multiple Listing Service (CRMLS)

APN: 047-043-12

California Orange County Newport Beach 92663 West Newport Beach

400 29th St, Newport Beach, CA

This home is located at 400 29th St, Newport Beach, CA 92663 since 13 August 2014. This property was built in 1950. 400 29th St is a home located in Orange County with nearby schools including Newport Elementary School, 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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