J
Landlord's Agent in 2025
Jennifer Wong
Compass
(949) 632-6402
22 Total Sales
1 Park Place Newport Beach, CA 92663
Newport Heights Neighborhood
5
Beds
7
Baths
3,690
Sq Ft
$1,489
Price per Sq Ft
Highlights
- Ocean View
- Primary Bedroom Suite
- Open Floorplan
- Newport Heights Elementary Rated A
- Updated Kitchen
- 1-minute walk to John Wayne Park
About This Home
As of July 20251 Park Place is beauty and luxury personified. Extensively remodeled and upgraded with an open floor plan featuring 4 bedrooms, 7 bathrooms and office/den or extra 5 th bedroom is just waiting for you. Executive kitchen opens out to spacious family room, dining room and living room. Primary Suite has vaulted ceiling with stunning windows leading out to spacious third level balcony and spa like bathroom with a luxurious soaking tub, separate walk-in shower, a dream like walk-in closet and a loft perched above the bedroom. Each bedroom is ensuite and is just so plush. Family room has a built-in bar and opens to a second level balcony for inside and outdoor living. Living room is large and features stunning fireplace and built ins. Back yard has been beautifully landscaped with expansive artificial grass and beautiful trees lining the back wall. Great location in Newport Heights and close to John Wayne Park with an expansive view of the Harbor. Located above Mariner’s Mile and close to 17th Street, someone can live their best life!!
Last Agent to Rent the Property
Compass Brokerage Phone: 949-632-6402 License #01256649 Listed on: 01/02/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $25,205
Year Built
- Built in 1990
Lot Details
- 6,891 Sq Ft Lot
- Wood Fence
- Block Wall Fence
- Back Yard
- On-Hand Building Permits
Parking
- 3 Car Direct Access Garage
- Parking Available
- Driveway
Property Views
- Ocean
- Peek-A-Boo
Home Design
- Cape Cod Architecture
- Traditional Architecture
- Entry on the 1st floor
- Turnkey
- Stucco
Interior Spaces
- 3,690 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Built-In Features
- Bar
- Cathedral Ceiling
- Gas Fireplace
- Sliding Doors
- Entryway
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room with Fireplace
- Living Room with Attached Deck
- Dining Room
- Home Office
- Loft
- Laundry Room
Kitchen
- Updated Kitchen
- Open to Family Room
- Gas Cooktop
- Free-Standing Range
- Dishwasher
- Kitchen Island
- Quartz Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Primary Bedroom
- All Upper Level Bedrooms
- Primary Bedroom Suite
- Multi-Level Bedroom
- Walk-In Closet
- Mirrored Closets Doors
- Upgraded Bathroom
- Dual Vanity Sinks in Primary Bathroom
- Soaking Tub
- Bathtub with Shower
- Walk-in Shower
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Living Room Balcony
- Enclosed Patio or Porch
Utilities
- Forced Air Heating and Cooling System
- No Utilities
- Sewer Paid
Listing and Financial Details
- Security Deposit $20,000
- 12-Month Minimum Lease Term
- Available 1/20/25
- Tax Lot 1
- Tax Tract Number 12873
- Assessor Parcel Number 42547151
Community Details
Overview
- No Home Owners Association
- Newport Heights Subdivision
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 6, 2010
Sold by
Klein Jeffrey Alan and Klein Kathleen Hutton
Bought by
Klein Jeffrey Alan and Klein Kathleen Hutton
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,000
Interest Rate
5.04%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 26, 2008
Sold by
Klein Jeffrey Alan and Klein Kathleen Hutton
Bought by
Klein Jeffrey Alan and Klein Kathleen Hutton
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$734,000
Outstanding Balance
$473,039
Interest Rate
6.22%
Mortgage Type
Unknown
Estimated Equity
$4,689,525
Purchase Details
Closed on
Mar 14, 2006
Sold by
Klein Jeffrey Alan and Klein Kathleen Hutton
Bought by
Klein Jeffrey Alan and Klein Kathleen Hutton
Purchase Details
Closed on
Oct 4, 2005
Sold by
Torrea Roque and Torrea Barbara L
Bought by
Klein Jeffrey Alan and Klein Kathleen Hutton
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$734,000
Interest Rate
6.25%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Oct 12, 1998
Sold by
Torrea Roque and Torrea Barbara L
Bought by
Torrea Roque and Torrea Barbara L
Purchase Details
Closed on
Jul 9, 1996
Sold by
Beretta Victor R
Bought by
Torrea Roque and Torrea Barbara L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,000
Interest Rate
4.95%
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 |
|---|---|---|---|
| Klein Jeffrey Alan | -- | None Available | |
| Klein Jeffrey Alan | -- | Chicago Title Company | |
| Klein Jeffrey Alan | -- | Chicago Title Company | |
| Klein Jeffrey Alan | -- | Accommodation | |
| Klein Jeffrey Alan | -- | Chicago Title Co | |
| Torrea Roque | -- | -- | |
| Torrea Roque | $740,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Klein Jeffrey Alan | $393,000 | |
| Closed | Klein Jeffrey Alan | $398,000 | |
| Open | Klein Jeffrey Alan | $734,000 | |
| Closed | Klein Jeffrey Alan | $406,000 | |
| Previous Owner | Klein Jeffrey Alan | $734,000 | |
| Previous Owner | Torrea Roque | $518,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | Rented | $12,300 | -16.6% | -- |
| 06/01/2025 06/01/25 | Price Changed | $14,750 | -13.2% | $4 / Sq Ft |
| 05/23/2025 05/23/25 | Price Changed | $16,995 | -2.9% | $5 / Sq Ft |
| 04/05/2025 04/05/25 | Price Changed | $17,500 | -5.4% | $5 / Sq Ft |
| 02/24/2025 02/24/25 | Price Changed | $18,500 | -7.5% | $5 / Sq Ft |
| 01/02/2025 01/02/25 | For Rent | $20,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $25,205 | $2,405,185 | $1,681,410 | $723,775 |
| 2024 | $25,205 | $2,358,025 | $1,648,441 | $709,584 |
| 2023 | $24,615 | $2,311,790 | $1,616,119 | $695,671 |
| 2022 | $24,207 | $2,266,461 | $1,584,430 | $682,031 |
| 2021 | $23,743 | $2,222,021 | $1,553,363 | $668,658 |
| 2020 | $23,515 | $2,199,237 | $1,537,435 | $661,802 |
| 2019 | $23,028 | $2,156,115 | $1,507,289 | $648,826 |
| 2018 | $22,569 | $2,113,839 | $1,477,735 | $636,104 |
| 2017 | $22,170 | $2,072,392 | $1,448,760 | $623,632 |
| 2016 | $21,672 | $2,031,757 | $1,420,353 | $611,404 |
| 2015 | $21,468 | $2,001,239 | $1,399,018 | $602,221 |
| 2014 | $19,747 | $1,846,439 | $1,295,412 | $551,027 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Wong
-
Carter Kaufman
Tenant's Agent in 2025
Carter Kaufman
Compass
(949) 734-6500
6 in this area
159 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP25000707
APN: 425-471-51
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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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