NOT LISTED FOR SALE

Estimated Value: $2,160,338 - $3,981,000

5 Beds
3 Baths
2,100 Sq Ft
$1,272/Sq Ft Est. Value

Last Sold December 02, 2014

Last sale price $1,071,000 $510 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $15,752/month

153 Days on Market

Highlights

  • Fishing
  • Newport Elementary School Rated A
  • 4-minute walk to 38th Street Park

About This Home

As of December 2014

It could be cute! just needs some love and attention...and a handyman, and new windows and a new roof and a new kitchen! Great Location, DUPLEX just 2 blocks from the ocean and 1 block from the bay!! 1 block from grocery shopping, restaurants and more. 1st Unit: single story front unit needs a major overhaul, 3 bedrooms, 2 full baths. 2nd Unit: over the garage, back unit, wood floors, newer windows, maple cabinetry...2 bedrooms, 1 full bath, 2 car garage. both units share the washer/dryer in the garage

Last Agent to Sell the Property

Sabrina Alt

American Dream Realty License #01708936 Listed on: 03/08/2014

Last Buyer's Agent

Sabrina Alt

American Dream Realty License #01708936 Listed on: 03/08/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,385

Year Built

  • Built in 1946

Lot Details

  • 2,178 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage

Home Design

  • 2,100 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 418
  • Assessor Parcel Number 42338413

Community Details

Overview

  • 2 Units

Recreation

  • Fishing

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,200
  • Insurance Expense $1,800
  • Trash Expense $600
  • Water Sewer Expense $600
  • New Taxes Expense $13,200
  • Gross Income $40,000
  • Net Operating Income $28,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,385

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 600.00
  • Property Type: Residential Income
  • Parcel Number: 42338413
  • Year Built: 1946
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 510.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 2178.00
  • Lot Size Acres: 0.0500

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 40000.00
  • Gross Scheduled Income: 40000.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 2178.0000 Square Feet
  • Net Operating Income: 28000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 1000.00
  • Rent Control: No
  • Waterfront Features: Fishing in Community

Tax Info

  • New Taxes Expense: 13200.00
  • Tax Lot: 21
  • Tax Tract Number: 418

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2014
Closed on
Nov 19, 2014
Sold by
Nashed Lisa
Bought by
Nashed Mark
Seller's Agent
Sabrina Alt
American Dream Realty
Buyer's Agent
Sabrina Alt
American Dream Realty
List Price
$1,150,000
Sold Price
$1,071,000
Premium/Discount to List
-$79,000
-6.87%
Total Days on Market
153
Current Estimated Value
$2,670,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,599,835
Avg. Annual Appreciation
7.58%
Original Mortgage
$696,150
Outstanding Balance
$543,952
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$1,797,859

Purchase Details

Listed on
Mar 8, 2014
Closed on
Oct 17, 2014
Sold by
Dagostino John and Dagostino Maria
Bought by
Nashed Mark
Seller's Agent
Sabrina Alt
American Dream Realty
Buyer's Agent
Sabrina Alt
American Dream Realty
List Price
$1,150,000
Sold Price
$1,071,000
Premium/Discount to List
-$79,000
-6.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$696,150
Outstanding Balance
$543,952
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$1,797,859

Purchase Details

Closed on
Mar 27, 2012
Sold by
Bella Newport Inc
Bought by
Dagostino John

Purchase Details

Closed on
Mar 20, 2008
Sold by
Dagostino Sabrina
Bought by
Bella Newport

Purchase Details

Closed on
May 25, 2007
Sold by
Dagnostino Sabrina
Bought by
Bella Vita Inc

Purchase Details

Closed on
Feb 16, 2007
Sold by
Dagostino John and Dagostino Maria
Bought by
Dagostino Sabrina

Purchase Details

Closed on
Mar 2, 2005
Sold by
White Travis P and Shaw Ricky E
Bought by
Dagostino John and Dagostino Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2004
Sold by
White Travis P
Bought by
White Travis P and Shaw Ricky E

Purchase Details

Closed on
Oct 9, 2003
Sold by
Rushmore David C and Rushmore Jacqualine J
Bought by
White Travis P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$629,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage
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
Nashed Mark -- Western Resources Title
Nashed Mark $1,071,000 Western Resources Title
Dagostino John -- None Available
Bella Newport -- None Available
Bella Vita Inc -- Accommodation
Dagostino Sabrina -- Investors Title Company
Dagostino John $1,125,000 First American Title Co
White Travis P -- --
White Travis P $740,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nashed Mark $696,150
Previous Owner Dagostino John $847,750
Previous Owner Dagostino John $249,900
Previous Owner Dagostino John $900,000
Previous Owner White Travis P $100,000
Previous Owner White Travis P $629,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2014 12/02/14 Sold $1,071,000 -6.9% $510 / Sq Ft
08/08/2014 08/08/14 Pending -- -- --
03/08/2014 03/08/14 For Sale $1,150,000 -- $548 / 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 $14,385 $1,341,955 $1,237,542 $104,413
2024 $14,385 $1,315,643 $1,213,277 $102,366
2023 $14,045 $1,289,847 $1,189,488 $100,359
2022 $13,808 $1,264,556 $1,166,164 $98,392
2021 $13,545 $1,239,761 $1,143,298 $96,463
2020 $13,415 $1,227,049 $1,131,575 $95,474
2019 $13,143 $1,202,990 $1,109,388 $93,602
2018 $12,378 $1,131,259 $1,087,635 $43,624
2017 $12,160 $1,109,078 $1,066,309 $42,769
2016 $11,890 $1,087,332 $1,045,401 $41,931
2015 $11,777 $1,071,000 $1,029,698 $41,302
2014 $12,289 $1,125,079 $1,071,784 $53,295
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW14047997

California Regional Multiple Listing Service (CRMLS)

APN: 423-384-13