Seller's Agent in 2014
Chuck Pillsbury
Zutila, Inc
(949) 280-8346
12 Total Sales
917 W Bay Ave Newport Beach, CA 92661
Central Newport Beach NeighborhoodEstimated Value: $2,301,219 - $5,643,000
5
Beds
4
Baths
2,395
Sq Ft
$1,749/Sq Ft
Est. Value
Highlights
- Ocean View
- Contemporary Architecture
- Beamed Ceilings
- Newport Elementary School Rated A
- No HOA
- Two Homes on a Lot
About This Home
As of February 2014Location! Location! Location! Ideal Balboa Peninsula Bayside Beach location which you must see to appreciate. FRONT unit is 4 bedroom 3 bath and the BACK Unit is 1 bedroom and 1 bath with full kitchen/full bathroom. The front unit kitchen has been completely remodeled with all new cabinetry, granite counter tops, new tile flooring and new carpeting throughout. It comes with washer/dryer. The living room has a cozy rock fireplace. There is a sitting room attached to the Master bedroom which has an amazing Bay view. Two car garage PLUS a 1 car garage. Furthermore, the home has a private beach right across the street on the Bay. Sit out on this peaceful/ relaxing/ entertaining front patio with an awesome unobstructed forever bay view!! Close proximity to American Legion Club, Newport Yacht Club, Fun Zone, and Balboa Pavilion.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,408
Year Built
- Built in 1953
Lot Details
- 3,149 Sq Ft Lot
- No Common Walls
- East Facing Home
- Wood Fence
- Density is up to 1 Unit/Acre
- On-Hand Building Permits
Parking
- 3 Car Garage
Home Design
- Contemporary Architecture
- Composition Roof
- Pre-Cast Concrete Construction
Interior Spaces
- 2,395 Sq Ft Home
- 2-Story Property
- Beamed Ceilings
- Ceiling Fan
- Recessed Lighting
- Formal Entry
- Family Room
- Living Room with Fireplace
- Carpet
- Ocean Views
Kitchen
- Built-In Range
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Laundry in Kitchen
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Central Heating
- 220 Volts in Kitchen
Additional Features
- Rain Gutters
- Two Homes on a Lot
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, water
- Tax Lot 6
- Tax Tract Number 1061
- Assessor Parcel Number 04727306
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- 1 Leased Unit
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,200
- Trash Expense $300
- Water Sewer Expense $500
- Net Operating Income $16,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 30, 2013
Closed on
Jan 22, 2014
Sold by
Jorin Leigh Ann Larzelere and Larzelere Donald M
Bought by
Drewry Theresa
Seller's Agent
Chuck Pillsbury
Zutila, Inc
Buyer's Agent
Peter Jacobson
Agentinc
List Price
$2,800,000
Sold Price
$2,500,000
Premium/Discount to List
-$300,000
-10.71%
Total Days on Market
134
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,688,406
Avg. Annual Appreciation
4.02%
Purchase Details
Listed on
Aug 30, 2013
Closed on
Jan 7, 2014
Sold by
Jorin Leigh Ann Larzelere and Larzelere Donald M
Bought by
Jorin Leigh Ann Larzelere and Larzelere Donald M
Seller's Agent
Chuck Pillsbury
Zutila, Inc
Buyer's Agent
Peter Jacobson
Agentinc
List Price
$2,800,000
Sold Price
$2,500,000
Premium/Discount to List
-$300,000
-10.71%
Purchase Details
Closed on
Apr 19, 2002
Sold by
Larzelere Norma R and Larzelere Charles L
Bought by
Larzelere Norma L
Purchase Details
Closed on
Mar 25, 2002
Sold by
Larzelere Norma R and Larzelere Charles L
Bought by
Larzelere Norma R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Drewry Theresa | $2,500,000 | Chicago Title Company | |
| Jorin Leigh Ann Larzelere | -- | None Available | |
| Larzelere Norma L | -- | -- | |
| Larzelere Norma R | -- | -- | |
| Larzelere Norma R | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/20/2014 02/20/14 | Sold | $2,500,000 | -10.7% | $1,044 / Sq Ft |
| 01/11/2014 01/11/14 | Pending | -- | -- | -- |
| 08/30/2013 08/30/13 | For Sale | $2,800,000 | -- | $1,169 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $13,408 | $1,229,770 | $814,363 | $415,407 |
| 2023 | $13,089 | $1,205,657 | $798,395 | $407,262 |
| 2022 | $12,866 | $1,182,017 | $782,740 | $399,277 |
| 2021 | $12,620 | $1,158,841 | $767,392 | $391,449 |
| 2020 | $12,498 | $1,146,959 | $759,523 | $387,436 |
| 2019 | $12,244 | $1,124,470 | $744,630 | $379,840 |
| 2018 | $12,001 | $1,102,422 | $730,029 | $372,393 |
| 2017 | $11,789 | $1,080,806 | $715,714 | $365,092 |
| 2016 | $10,139 | $927,486 | $701,680 | $225,806 |
| 2015 | $27,389 | $2,549,950 | $2,405,294 | $144,656 |
| 2014 | $2,926 | $234,433 | $119,064 | $115,369 |
Source: Public Records
Agents Affiliated with this Home
-
Chuck Pillsbury
-
Buyer's Agent in 2014
Peter Jacobson
Agentinc
(949) 274-3633
Map
Similar Home in Newport Beach, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC13176039
APN: 047-273-06
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