1007 Grove Ln Newport Beach, CA 92660
Mariners Neighborhood
4
Beds
5
Baths
3,836
Sq Ft
8,220
Sq Ft Lot
Highlights
- Heated Spa
- 5 Car Direct Access Garage
- Cathedral Ceiling
- Mariners Elementary School Rated A
- Dual Staircase
- No HOA
About This Home
As of September 2024Located in a premium location in a quiet and desirable sought after street in Dover Shores. This home has exciting possibilities to improve and upgrade this to be your dream home.
The current layout flows seamlessly with four bedrooms, each with their own en-suite bathroom, most bedrooms with walk-in closets, one bathroom on the main level, and a private home office. The bonus bedroom offers versatility for many buyers; as media room, a teen retreat, a fourth bedroom, game room or craft room. The space has vaulted ceilings that create an atmosphere of openness. Has a separate entrance into the garage/outside. The large and private primary bedroom, featuring his and her closets that provide ample storage space and a large bathroom with his and her vanity. Bright and open living room with soaring ceilings. Two cozy fireplaces in the living room and family room. Beautiful wood wet bar provides the perfect space for entertaining. Sun-filled kitchen with large expansive windows. Private backyard with a fire pit, seating area and in ground swim-spa. The 5-car attached garage provides ample parking as well as storage space and back stairs to the upstairs. Lots of possibilities for ADU. The home is conveniently located near excellent schools, restaurants, shops and outdoor activities including hiking and biking trails. The Castaways trail is adjacent to the street, providing access to ocean views. Fashion Island, Corona Del Mar, and the Balboa Peninsula are minutes away. Being sold in "as is" condition. Agent is related to seller.
Last Agent to Sell the Property
William Kennedy And Associates Brokerage Phone: 949-278-4404 License #01944862 Listed on: 01/31/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $44,182
Year Built
- Built in 1979
Lot Details
- 8,220 Sq Ft Lot
- Cul-De-Sac
- Sprinkler System
- Back and Front Yard
- Property is zoned R1
Parking
- 5 Car Direct Access Garage
- Parking Available
- Front Facing Garage
- Garage Door Opener
- Driveway
Home Design
- Slab Foundation
- Tile Roof
- Wood Siding
- Stucco
Interior Spaces
- 3,836 Sq Ft Home
- 2-Story Property
- Wet Bar
- Dual Staircase
- Built-In Features
- Beamed Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Double Pane Windows
- Shutters
- Drapes & Rods
- Window Screens
- Entrance Foyer
- Family Room with Fireplace
- Living Room with Fireplace
- Dining Room
- Den
- Storage
- Laundry Room
- Utility Room
Kitchen
- Eat-In Kitchen
- Electric Oven
- Electric Cooktop
- Range Hood
- Dishwasher
- Kitchen Island
- Ceramic Countertops
- Trash Compactor
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- All Upper Level Bedrooms
- Walk-In Closet
- Remodeled Bathroom
- Bathroom on Main Level
- 5 Full Bathrooms
- Stone Bathroom Countertops
- Tile Bathroom Countertop
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Bathtub
- Separate Shower
- Exhaust Fan In Bathroom
- Linen Closet In Bathroom
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Pool
- Heated Spa
- In Ground Spa
Outdoor Features
- Concrete Porch or Patio
Schools
- Mariners Elementary School
- Ensign Middle School
- Newport Harbor High School
Utilities
- Central Heating and Cooling System
- 220 Volts For Spa
- Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 25
- Tax Tract Number 9620
- Assessor Parcel Number 42512215
Community Details
Overview
- No Home Owners Association
- Westcliff Grove Subdivision
Recreation
- Hiking Trails
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 31, 2024
Closed on
Aug 22, 2024
Sold by
Odell F Larson Qualified Personal Reside and Margaret J Larson Qualified Personal Res
Bought by
Chau Family Trust and Chau
Seller's Agent
Lyn Janota
William Kennedy And Associates
List Price
$3,999,000
Sold Price
$3,500,000
Premium/Discount to List
-$499,000
-12.48%
Views
46
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
$574,181
Avg. Annual Appreciation
18.45%
Purchase Details
Closed on
Dec 31, 2007
Sold by
Larson Margaret J
Bought by
Larson Margaret J and Margaret J Larson Qualified Personal Res
Purchase Details
Closed on
Nov 20, 2007
Sold by
Larson Margaret J and Larson Peggy Jane
Bought by
Larson Odell F and Larson Margaret J
Purchase Details
Closed on
Jun 23, 1993
Sold by
Larson Odell F and Larson Margaret J
Bought by
Larson Odell F and Larson Margaret J
Purchase Details
Closed on
May 28, 1986
Sold by
Larson Odell F and Larson Margaret J
Bought by
Larson Odell F and Larson Margaret J
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,500,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $490,000 | New Conventional | |
| Previous Owner | $520,000 | New Conventional | |
| Previous Owner | $303,000 | Unknown | |
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $300,700 | Unknown | |
| Previous Owner | $468,500 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/06/2024 09/06/24 | Sold | $3,500,000 | -6.7% | $912 / Sq Ft |
| 08/19/2024 08/19/24 | Pending | -- | -- | -- |
| 08/09/2024 08/09/24 | Price Changed | $3,750,000 | -6.2% | $978 / Sq Ft |
| 08/09/2024 08/09/24 | For Sale | $3,999,000 | 0.0% | $1,042 / Sq Ft |
| 07/24/2024 07/24/24 | Pending | -- | -- | -- |
| 06/27/2024 06/27/24 | Price Changed | $3,999,000 | -5.9% | $1,042 / Sq Ft |
| 06/13/2024 06/13/24 | Price Changed | $4,250,000 | -2.3% | $1,108 / Sq Ft |
| 05/16/2024 05/16/24 | Price Changed | $4,350,000 | -6.4% | $1,134 / Sq Ft |
| 04/19/2024 04/19/24 | Price Changed | $4,645,000 | -5.1% | $1,211 / Sq Ft |
| 03/04/2024 03/04/24 | Price Changed | $4,895,000 | -1.8% | $1,276 / Sq Ft |
| 01/31/2024 01/31/24 | For Sale | $4,985,000 | -- | $1,300 / 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 |
|---|---|---|---|---|
| 2025 | $44,182 | $3,500,000 | $2,797,848 | $702,152 |
| 2024 | $44,182 | $4,161,600 | $3,519,742 | $641,858 |
| 2023 | $43,151 | $4,080,000 | $3,450,727 | $629,273 |
| 2022 | $9,415 | $867,142 | $336,061 | $531,081 |
| 2021 | $9,235 | $850,140 | $329,472 | $520,668 |
| 2020 | $9,145 | $841,423 | $326,093 | $515,330 |
| 2019 | $8,959 | $824,925 | $319,699 | $505,226 |
| 2018 | $8,781 | $808,750 | $313,430 | $495,320 |
| 2017 | $8,625 | $792,893 | $307,285 | $485,608 |
| 2016 | $8,432 | $777,347 | $301,260 | $476,087 |
| 2015 | $8,351 | $765,671 | $296,735 | $468,936 |
| 2014 | $8,153 | $750,673 | $290,922 | $459,751 |
Source: Public Records
Agents Affiliated with this Home
-
L
Seller's Agent in 2024
Lyn Janota
William Kennedy And Associates
(949) 278-4404
1 in this area
6 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP23229604
APN: 425-122-15
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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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