NOT LISTED FOR SALE

Estimated Value: $5,787,000 - $7,763,950

2 Beds
1 Bath
2,576 Sq Ft
$2,578/Sq Ft Est. Value

Highlights

  • Bay View
  • Furnished
  • Laundry Room
  • Newport Elementary School Rated A
  • No HOA
  • Patio Home

About This Home

As of August 2018

WINTER RENTAL. This newly renovated unit is walking distance to shops, restaurants, the Balboa Pier, Balboa Island and bike rentals. This condo features a private patio, updated furnishings, new laminate hardwood floors and gorgeous bay views!
The living room has a sofa, coffee table, fireplace, two arm chairs and a new flat screen TV's. There is a dining room table that seats six. The kitchen has a dishwasher, built-in microwave and plenty of cabinet and counter space for storing and preparing food. The patio has a table that seats four, umbrella and a BBQ, great for cooking for family and friends!
The master bedroom has a queen bed with an adjoining half bathroom. The second bedroom has a bunk bed with a full on the bottom and a twin on top. There is a full bathroom between the first and second bedrooms. There is a full and twin futon in the living room.
There is a washer and dryer in the unit and two carport parking spots

Last Agent to Rent the Property

Craig Batley

Burr White Realty License #00483751 Listed on: 07/10/2018

Last Renter's Agent

Craig Batley

Burr White Realty License #00483751 Listed on: 07/10/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $65,687

Year Built

  • Built in 1917

Lot Details

  • 2,178 Sq Ft Lot
  • 1 Common Wall

Home Design

  • Duplex
  • Patio Home

Interior Spaces

  • 2,576 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Bay Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • 1 Carport Space

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Security Deposit $3,300
  • Available 9/15/18
  • Tax Lot 8
  • Tax Tract Number 95
  • Assessor Parcel Number 04811104

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$65,687

Year Built

Built in 1917

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2018-09-15
  • Credit Check Paid By: Tenant
  • Deposit Security: 3300
  • Furnished: Furnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Other Phone Description: Diane Jones
  • Other Phone Number: 949-675-4630
  • Property Attached: Yes
  • Subdivision Name Other: Newport Island (NEWI)
  • View: Yes
  • Zoning: R-2
  • Property Sub Type: Duplex
  • Property Type: Residential Lease
  • Parcel Number: 04811104
  • Year Built: 1917
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2576.00 Square Feet
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1.07
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Bay
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Patio Home
  • Lot Size Sq Ft: 2178.00

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: Short Term Lease
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 628.00
  • Tax Lot: 8
  • Tax Tract Number: 95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2021
Sold by
Fluter Russell E and Jl Oceanfront Llc
Bought by
Bh Belgravia Llc
Current Estimated Value
$6,641,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,377,500
Outstanding Balance
$4,034,933
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,778,492

Purchase Details

Closed on
Aug 11, 2021
Sold by
Fluetr Russell E and Collins Jim B
Bought by
City Of Newport Beach

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,377,500
Outstanding Balance
$4,034,933
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,778,492

Purchase Details

Closed on
Mar 11, 2020
Sold by
C Henry And Nesta Kiar Fam Prtnrshp Lp
Bought by
Fluter Russell E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,875,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2017
Sold by
Henry The C
Bought by
The C Henry And Nesta Klar Family P The C
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
Bh Belgravia Llc $5,150,000 First Amer Ttl Co Res Div
City Of Newport Beach -- None Available
Fluter Russell E $3,125,000 Fidelity National Title
The C Henry And Nesta Klar Family P The C -- Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bh Belgravia Llc $4,377,500
Previous Owner Fluter Russell E $1,875,000
Previous Owner C Henry And Nesta Klar Fam Prtnrshp Lp $1,000,000
Closed The C Henry And Nesta Klar Family P The C $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2018 08/14/18 Rented $2,750 0.0% --
07/10/2018 07/10/18 For Rent $2,750 -- --
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 $65,687 $6,329,495 $5,306,040 $1,023,455
2024 $65,687 $6,205,388 $5,202,000 $1,003,388
2023 $57,153 $5,449,873 $5,100,000 $349,873
2022 $55,586 $5,150,000 $5,000,000 $150,000
2021 $37,440 $3,400,000 $3,250,000 $150,000
2020 $18,349 $1,585,247 $1,533,400 $51,847
2019 $18,034 $1,554,164 $1,503,333 $50,831
2018 $17,839 $1,523,691 $1,473,856 $49,835
2017 $17,538 $1,493,815 $1,444,957 $48,858
2016 $17,166 $1,464,525 $1,416,625 $47,900
2015 $17,048 $1,442,527 $1,395,346 $47,181
2014 $16,642 $1,414,270 $1,368,013 $46,257
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18165131

California Regional Multiple Listing Service (CRMLS)

APN: 048-111-04