NOT LISTED FOR SALE

Estimated Value: $3,151,000 - $3,621,000

2 Beds
1.5 Baths
888 Sq Ft
$3,782/Sq Ft Est. Value

Last Sold February 17, 2021

Last sale price $2,150,000 $2,421 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $20,038/month

108 Days on Market

Highlights

  • Cabana
  • Newly Remodeled
  • Outdoor Fireplace
  • Newport Heights Elementary Rated A
  • Updated Kitchen
  • 4-minute walk to Cliff Drive Park

About This Home

As of February 2021

429 Riverside Avenue is a classic, original, Newport Heights bungalow, that was totally restored in 2009, with the highest quality materials. This charming home features wood floors throughout, marble counters and floating shelves in the kitchen, updated appliances and custom built-ins. French doors open to the gorgeous backyard, making the house feel very indoor/outdoor. This 2 bedroom, 1.5 bathroom house features a large backyard, that is perfect for entertaining, including: a Dining Pavilion with a built-in fireplace, a large putting green, and a built-in couch around a fire pit. Both bathrooms feature beautiful, marble counters and custom tile work. There is a two car garage, including an outdoor driveway for additional parking. 429 Riverside is a special opportunity, on an oversized lot of 6,375 square feet, in one of Newport Beach’s most desired and charming neighborhoods.

Additional Features:
*Dining Pavilion 288 sq ft
*Covered front porch 294 sq ft

Last Agent to Sell the Property

Jill Wiese

Pacific Sotheby's Int'l Realty License #01078872 Listed on: 10/16/2020

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Daniel Pirz

Compass License #01965693

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,479

Year Built

  • Built in 1939 | Newly Remodeled

Lot Details

  • 6,375 Sq Ft Lot
  • Wood Fence
  • Stucco Fence
  • Front and Back Yard Sprinklers
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Side by Side Parking
  • Two Garage Doors
  • Driveway

Home Design

  • Cottage
  • Bungalow
  • Raised Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 888 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Track Lighting
  • Heatilator
  • Drapes & Rods
  • Blinds
  • French Mullion Window
  • Wood Frame Window
  • French Doors
  • Great Room with Fireplace
  • Storage
  • Wood Flooring
  • Home Security System

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Gas Oven
  • Gas Cooktop
  • Stone Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom
  • Stone Bathroom Countertops

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Cabana
  • Wood Patio
  • Outdoor Fireplace
  • Fire Pit
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters
  • Front Porch

Schools

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

Utilities

  • Forced Air Heating System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Newport Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 16 / 24
  • Tax Tract Number 256
  • Assessor Parcel Number 04903108

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,479

Year Built

Built in 1939 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Security System
  • Subdivision Name Other: Newport Heights (NEWH)
  • View: No
  • Architectural Style: Bungalow, Cottage
  • New Construction: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04903108
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 888.00 Square Feet
  • Interior Amenities: Built-in Features, Stone Counters, Storage, Track Lighting
  • Stories: 1
  • Entry Location: ground level with steps
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Eating Area: Breakfast Nook
  • Fireplace Features: Outside, Fire Pit, Great Room, Heatilator
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2421.17
  • Window Features: Blinds, Drapes, French/Mullioned, Wood Frames
  • Bathroom Features: Remodeled, Stone Counters
  • Room Kitchen Features: Remodeled Kitchen, Stone Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Exterior Features: Barbecue Private, Lighting, Rain Gutters
  • Fence: Yes
  • Fencing: Stucco Wall, Wood
  • Patio And Porch Features: Cabana, Front Porch, Wood
  • Pool Private: No
  • Roof: Metal
  • Spa: No
  • Construction Materials: Glass, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage Faces Front, Garage - Two Door, Side by Side
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop
  • Heating Type: Central, Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport
  • Middle School: Ensign
  • High School: Newport
  • Elementary School: Newport
  • High School: Newport
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWPOR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 6375.00
  • Lot Size Acres: 0.1463

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6375.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 24
  • Tax Lot: 16
  • Tax Tract Number: 256

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Feb 11, 2021
Sold by
Burnham Jennifer
Bought by
Burnham Bryce S
Seller's Agent
Jill Wiese
Pacific Sotheby's Int'l Realty
Buyer's Agent
Daniel Pirz
Compass
List Price
$2,295,000
Sold Price
$2,150,000
Premium/Discount to List
-$145,000
-6.32%
Current Estimated Value
$3,358,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,208,791
Avg. Annual Appreciation
9.98%

Purchase Details

Listed on
Oct 16, 2020
Closed on
Feb 10, 2021
Sold by
Burnham Bryce S
Bought by
Fletcher Chris and Fletcher Malin
Seller's Agent
Jill Wiese
Pacific Sotheby's Int'l Realty
Buyer's Agent
Daniel Pirz
Compass
List Price
$2,295,000
Sold Price
$2,150,000
Premium/Discount to List
-$145,000
-6.32%

Purchase Details

Listed on
Apr 1, 2014
Closed on
Apr 29, 2014
Sold by
Johnson Amanda Alicia Mcdorman
Bought by
Burnham Bryce S
Seller's Agent
Jill Wiese
Pacific Sotheby's Int'l Realty
Buyer's Agent
Jill Wiese
Pacific Sotheby's Int'l Realty
List Price
$1,549,000
Sold Price
$1,470,000
Premium/Discount to List
-$79,000
-5.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%

Purchase Details

Closed on
Aug 3, 2009
Sold by
Turner Mary Kathleen
Bought by
Turner Mary Kathleen and Mary Kathleen Turner Trust

Purchase Details

Closed on
Aug 6, 2008
Sold by
Maurer John and Maurer Wendy
Bought by
Turner Mary Kathleen and Mary Kathleen Turner Living Trust

Purchase Details

Closed on
Jul 29, 2005
Sold by
Barnes Valerie M
Bought by
Kelley Kevin P

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
5.66%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 22, 2005
Sold by
Kelley Kevin P
Bought by
Maurer John and Maurer Wendy

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
5.66%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 25, 2003
Sold by
Kelley Kathleen Brennan
Bought by
Kelley Kevin P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,250
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2003
Sold by
Majzler John S and Majzler Gianna
Bought by
Kelley Kevin P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,250
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2002
Sold by
Berry S Craig and Berry Vanessa M
Bought by
Majzler John S and Majzier Gianna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 6, 2001
Sold by
Skwarek William and Skwarek Richard
Bought by
Metzger Darrell Edward and Metzger Beverly Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
7%

Purchase Details

Closed on
Jun 9, 2000
Sold by
Dosier Steve P and Dosier Amy K
Bought by
Berry S Craig and Berry Vanessa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
7.62%

Purchase Details

Closed on
Oct 7, 1999
Sold by
Ann Jennings Elizabeth
Bought by
Dosier Steve P and Dosier Amy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
7.62%
Source: Public Records

Range of Values:

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Average Value
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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
Burnham Bryce S -- Chicago Title Company
Fletcher Chris $2,125,000 Chicago Title Company
Burnham Bryce S $1,470,000 Chicago Title Company
Turner Mary Kathleen -- None Available
Turner Mary Kathleen $1,300,000 First American Title Company
Kelley Kevin P -- First American Title Co
Maurer John $1,350,000 First American Title Co
Kelley Kevin P -- Stewart Title
Kelley Kevin P $795,000 Stewart Title
Majzler John S $625,000 Stewart Title
Metzger Darrell Edward $535,000 Commonwealth Land Title
Berry S Craig $510,000 Stewart Title
Dosier Steve P $460,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maurer John $1,000,000
Previous Owner Kelley Kevin P $596,250
Previous Owner Majzler John S $500,000
Previous Owner Metzger Darrell Edward $428,000
Previous Owner Berry S Craig $408,000
Previous Owner Dosier Steve P $460,000
Closed Kelley Kevin P $93,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/17/2021 02/17/21 Sold $2,150,000 -6.3% $2,421 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
01/06/2021 01/06/21 Price Changed $2,295,000 0.0% $2,584 / Sq Ft
01/06/2021 01/06/21 For Sale $2,295,000 +6.7% $2,584 / Sq Ft
01/05/2021 01/05/21 Off Market $2,150,000 -- --
11/25/2020 11/25/20 Price Changed $2,395,000 -4.0% $2,697 / Sq Ft
10/16/2020 10/16/20 For Sale $2,495,000 +69.7% $2,810 / Sq Ft
05/30/2014 05/30/14 Sold $1,470,000 -5.1% $1,648 / Sq Ft View Prior Sale
04/25/2014 04/25/14 Pending -- -- --
04/01/2014 04/01/14 For Sale $1,549,000 -- $1,737 / 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 $29,479 $2,964,484 $2,167,812 $796,672
2024 $29,479 $2,750,146 $2,125,306 $624,840
2023 $23,556 $2,210,850 $2,083,634 $127,216
2022 $23,166 $2,167,500 $2,042,778 $124,722
2021 $17,806 $1,664,784 $1,536,999 $127,785
2020 $17,634 $1,647,714 $1,521,239 $126,475
2019 $17,270 $1,615,406 $1,491,410 $123,996
2018 $16,925 $1,583,732 $1,462,167 $121,565
2017 $16,625 $1,552,679 $1,433,497 $119,182
2016 $16,251 $1,522,235 $1,405,389 $116,846
2015 $16,096 $1,499,370 $1,384,279 $115,091
2014 $14,908 $1,386,230 $1,240,830 $145,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20219259

California Regional Multiple Listing Service (CRMLS)

APN: 049-031-08