Paul Daftarian
Luxe Real Estate
(657) 385-8384
246 Total Sales
3 in Central Newport Beach
$2.9M - $5.7M Price Range
414 E Oceanfront Newport Beach, CA 92661
Central Newport Beach Neighborhood
--
Bed
--
Bath
3,001
Sq Ft
3,049
Sq Ft Lot
Highlights
- Beach Front
- Property has ocean access
- Wood Flooring
- White Water Ocean Views
- Ocean Side of Freeway
- Tile Countertops
About This Home
As of October 2012Oceanfront triplex on the Balboa Peninsula with direct beach access. Amazing investment opportunity. Unit A: (Lower front unit)3 bedrooms, 2 bathrooms, sleeps 8-10. $3,400 per week during the summer/$3,400 per month during the remainder of the year. Unit B: (Upper front rear) 2 bedrooms, 2 bathrooms, sleeps 6, one garage spot. $2,800 per week during the summer/$2,800 per month during the remainder of the year. Unit C (Upper rear unit): 2 bedroom, 2 bathroom, sleeps 6, small rooftop deck with ocean views. $2,200 per week during the summer/$2,200 per month during the remainder of the year.
Last Agent to Sell the Property
Coldwell Banker Realty License #01346878 Listed on: 07/16/2012
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1972
Lot Details
- 3,049
Property Views
- White Water Ocean
- Coastline
Home Design
- Brick Exterior Construction
- Fire Rated Drywall
- Spanish Tile Roof
- Clay Roof
- Stucco
Interior Spaces
- 3,001 Sq Ft Home
- Fireplace Features Masonry
- Tile Countertops
Flooring
- Wood
- Carpet
- Tile
Parking
- 4 Parking Spaces
- Parking Lot
- Assigned Parking
Outdoor Features
- Property has ocean access
- Ocean Side of Freeway
Additional Features
- Beach Front
- No Heating
Listing and Financial Details
- Tax Lot 18
- Tax Tract Number 104
- Assessor Parcel Number 04812111
Community Details
Overview
- 3 Units
Building Details
- Other Expense $14,300
- Professional Management Expense $22,176
- Gross Income $15,400
- Net Operating Income $148,324
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 16, 2012
Closed on
Sep 27, 2012
Sold by
Bought by
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Albert Hanna
Alt Financial Network Inc
List Price
$2,999,000
Sold Price
$2,750,000
Premium/Discount to List
-$249,000
-8.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,925,000
Outstanding Balance
$1,290,635
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 31, 2005
Sold by
Bought by
Purchase Details
Closed on
Nov 15, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 14, 2001
Sold by
Bought by
Purchase Details
Closed on
Aug 20, 1999
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 9, 1997
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Central Newport Beach, CA
-
Paul Daftarian
-
Drew Teicheira
Drew Teicheira
Harcourts Place
(877) 672-0775
92 Total Sales
1 in Central Newport Beach
$2,550,000 Price
-
Joshua Coburn
Joshua Coburn
Chamberlain Real Estate
(858) 251-9237
50 Total Sales
1 in Central Newport Beach
$5,900,000 Price
-
Frederick Espino
Frederick Espino
SoCal Realty Group
(657) 567-4312
9 Total Sales
2 in Central Newport Beach
$3,200,000 Price Range
-
Dave Cochems
Dave Cochems
C & M Real Estate Services
(949) 763-4735
18 Total Sales
1 in Central Newport Beach
$1,925,000 Price
-
Drew D'Angelo
Drew D'Angelo
Kase Real Estate
(949) 867-6319
76 Total Sales
1 in Central Newport Beach
$7,600,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,750,000 | Equity Title Company | ||
| -- | -- | ||
| $2,650,000 | California Title | ||
| $1,500,000 | Fidelity National Title | ||
| -- | First American Title Ins Co | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $937,000 | ||
| Open | $1,925,000 | ||
| Previous Owner | $1,800,000 | ||
| Previous Owner | $500,000 | ||
| Previous Owner | $1,000,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/09/2012 10/09/12 | Sold | $2,750,000 | -8.3% | $916 / Sq Ft |
| 09/09/2012 09/09/12 | Pending | -- | -- | -- |
| 07/16/2012 07/16/12 | For Sale | $2,999,000 | -- | $999 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $36,324 | $3,454,152 | $3,014,540 | $439,612 |
| 2025 | $35,749 | $3,386,424 | $2,955,431 | $430,993 |
| 2024 | $35,749 | $3,320,024 | $2,897,481 | $422,543 |
| 2023 | $34,909 | $3,254,926 | $2,840,668 | $414,258 |
| 2022 | $34,323 | $3,191,104 | $2,784,968 | $406,136 |
| 2021 | $33,667 | $3,128,534 | $2,730,361 | $398,173 |
| 2020 | $33,343 | $3,096,455 | $2,702,364 | $394,091 |
| 2019 | $32,658 | $3,035,741 | $2,649,377 | $386,364 |
| 2018 | $32,009 | $2,976,217 | $2,597,428 | $378,789 |
| 2017 | $31,444 | $2,917,860 | $2,546,498 | $371,362 |
| 2016 | $30,740 | $2,860,648 | $2,496,567 | $364,081 |
| 2015 | $30,449 | $2,817,679 | $2,459,066 | $358,613 |
| 2014 | $29,733 | $2,762,485 | $2,410,896 | $351,589 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Smith
Seller's Agent in 2012
Tim Smith
Coldwell Banker Realty
(949) 478-2295
12 in this area
648 Total Sales
-
Albert Hanna
Buyer's Agent in 2012
Albert Hanna
Alt Financial Network Inc
(714) 448-0126
27 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: U12002860
APN: 048-121-11
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.
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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