NOT LISTED FOR SALE

Estimated Value: $8,145,000 - $10,863,762

5 Beds
5.5 Baths
5,437 Sq Ft
$1,685/Sq Ft Est. Value

Last Sold March 03, 2020

Last sale price $2,800,000 $515 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $51,604/month

121 Days on Market

Highlights

  • Ocean View
  • Indoor Pool
  • Great Room
  • Mariners Elementary School Rated A
  • Main Floor Bedroom
  • Cul-De-Sac

About This Home

As of March 2020

Calling all dreamers, developers and visionaries! Arguably, the most sought-after bluff-front, Back Bay view locations in the Dover Shores community. The 5,437 square foot single level home rests on a private 17,035 square foot lot with an estimated 135 feet of frontage, offering unobstructed “jaw-dropping” panoramic views of Upper Newport Bay, City Lights, Fashion Island and the Saddleback Mountains. These unbelievable views can be enjoyed from the main living spaces with sunsets that will truly inspire.
The flat, level back yard is an ideal place to create the perfect outdoor private oasis for year-round entertainment and fun with family and friends. This one-of-a-kind property is on a desirable cul-de-sac location with plenty of parking. Conceptual plans have been drawn with rendered images to stir creativity and imagination for what is possible with this incredible location. Dover Shores is one of Newport Beach’s most desired neighborhoods, featuring private beach access, excellent schools and close proximity to award winning restaurants, stunning beaches, shopping, freeways, airport and walking and riding trails around beautiful Back Bay. Conceptual renderings designed by Karen Hampton + Interior Design.

Last Agent to Sell the Property

Art Heckman

Compass License #01814007 Listed on: 09/18/2019

Compass

Co-Listed By

Dean Lueck

Compass License #01752859

Last Buyer's Agent

Art Heckman

Compass License #01814007 Listed on: 09/18/2019

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 0.39 Acre Lot
  • Cul-De-Sac
  • Back and Front Yard

HOA Fees

  • $71 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Back Bay
  • Panoramic
  • City Lights
  • Bluff
  • Mountain
  • Neighborhood

Home Design

  • Bungalow
  • Fixer Upper

Interior Spaces

  • 5,437 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Great Room
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms

Pool

  • Indoor Pool
  • In Ground Pool

Schools

  • Mariners Elementary School
  • Ensign Middle School
  • Harbor High School

Additional Features

  • Suburban Location
  • No Heating

Community Details

  • Dover Shores Association, Phone Number (949) 833-2600

Listing and Financial Details

  • Tax Lot 56
  • Tax Tract Number 4224
  • Assessor Parcel Number 11766303

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0.39 Acres

HOA Fees

$71 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Dover Shores (DSAM)
  • View: Yes
  • Architectural Style: Bungalow
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 11766303
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 5437.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Levels: One
  • Main Level Bathrooms: 6
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 514.99
  • Room Type: Entry, Great Room, Main Floor Bedroom, Main Floor Master Bedroom

Exterior Features

  • View: Back Bay, Bay, Bluff, City Lights, Mountain(s), Neighborhood, Ocean, Panoramic, Water
  • Pool Features: Private, In Ground, Indoor
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 850.00
  • Association Fee Frequency: Annually
  • Association Name: Dover Shores
  • Phone: (949) 833-2600
  • Senior Community: No
  • Community Features: Sidewalks, Suburban
  • Association Management: Dover Shores

Schools

  • Elementary School: Mariners
  • High School: Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: MARINE
  • High School2: HARBOR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Bluff, Cul-De-Sac, Front Yard, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 17035.00
  • Lot Size Acres: 0.3911

Multi Family

  • Lease Considered: No
  • Lot Size Area: 17035.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 630.10
  • Tax Lot: 56
  • Tax Tract Number: 4224

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2025
Sold by
Jahangiri Reza and Levering Kate
Bought by
Hga Revocable Living Trust and Jahangiri
Current Estimated Value
$9,159,921

Purchase Details

Listed on
Sep 18, 2019
Closed on
Jan 28, 2020
Sold by
Held Richard Simon and Held Deborah Gail
Bought by
Jahangiri Reza and The Reza Jahangiri Living Trus
Seller's Agent
Art Heckman
Compass
Buyer's Agent
Art Heckman
Compass
List Price
$3,500,000
Sold Price
$2,800,000
Premium/Discount to List
-$700,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.04%
Original Mortgage
$2,000,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 22, 2014
Closed on
Aug 28, 2014
Sold by
Leaming Robert F
Bought by
Held Family Living Trust
Seller's Agent
Tim Carr
Pacific Sotheby's Int'l Realty
Buyer's Agent
Lisa Richmond
RS Prime Properties
List Price
$2,595,000
Sold Price
$2,450,000
Premium/Discount to List
-$145,000
-5.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.51%
Original Mortgage
$1,470,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 17, 2009
Sold by
Leaming Alice Marguerite and Leaming Marguerite A
Bought by
Leaming Marguerite A and Leaming Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hga Revocable Living Trust -- None Listed On Document
Jahangiri Reza -- None Listed On Document
Jahangiri Reza -- None Listed On Document
Jahangiri Reza $2,800,000 Chicago Title Company
Held Family Living Trust $2,450,000 Equity Title Company
Leaming Marguerite A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jahangiri Reza $2,000,000
Previous Owner Held Family Living Trust $1,470,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/03/2020 03/03/20 Sold $2,800,000 -6.5% $515 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
01/15/2020 01/15/20 Price Changed $2,995,000 -6.3% $551 / Sq Ft
12/18/2019 12/18/19 Price Changed $3,195,000 -3.0% $588 / Sq Ft
10/30/2019 10/30/19 Price Changed $3,295,000 -5.9% $606 / Sq Ft
09/18/2019 09/18/19 For Sale $3,500,000 +42.9% $644 / Sq Ft
10/15/2014 10/15/14 Sold $2,450,000 -5.6% $451 / Sq Ft View Prior Sale
08/27/2014 08/27/14 Pending -- -- --
08/22/2014 08/22/14 For Sale $2,595,000 +5.9% $477 / Sq Ft
08/17/2014 08/17/14 Off Market $2,450,000 -- --
07/29/2014 07/29/14 Price Changed $2,595,000 -10.4% $477 / Sq Ft
06/10/2014 06/10/14 For Sale $2,895,000 -- $532 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $52,139 $5,909,663 $2,830,176 $3,079,487
2024 $52,139 $4,917,789 $2,774,683 $2,143,106
2023 $40,538 $3,830,805 $2,720,278 $1,110,527
2022 $32,799 $3,083,387 $2,666,940 $416,447
2021 $31,458 $2,955,303 $2,550,922 $404,381
2020 $28,707 $2,692,400 $2,287,536 $404,864
2019 $28,111 $2,639,608 $2,242,682 $396,926
2018 $27,550 $2,587,851 $2,198,707 $389,144
2017 $27,063 $2,537,109 $2,155,595 $381,514
2016 $26,454 $2,487,362 $2,113,328 $374,034
2015 $26,205 $2,450,000 $2,081,584 $368,416
2014 $3,297 $288,737 $100,803 $187,934
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19223343

California Regional Multiple Listing Service (CRMLS)

APN: 117-663-03

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