NOT LISTED FOR SALE

1106 Somerset Ln Newport Beach, CA 92660

Mariners Neighborhood

Estimated Value: $3,933,000 - $5,074,410

2 Beds
2.5 Baths
2,853 Sq Ft
$1,515/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $2,422,375 $849 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $25,418/month

Highlights

  • Private Pool
  • No HOA
  • Cooling Available
  • Mariners Elementary School Rated A
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of February 2020

Custom built in 1961 for George Hoag, this well maintained, mid-century modern home with private pool, sits on a 14,000+ s.f. lot on one of the most desirable streets in the area.

Last Agent to Sell the Property

Esther Fine

Surterre Properties Inc. License #00999736 Listed on: 01/22/2020

Surterre Properties Inc.

Last Buyer's Agent

Sara Taylor

Arbor Real Estate License #01764056

Arbor Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,957

Year Built

  • Built in 1961

Lot Details

  • 0.33

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,853 Sq Ft Home
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Utilities

  • Cooling Available
  • Sewer Paid

Additional Features

  • Private Pool
  • 0.33 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 3032

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,957

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Baycrest South (BCSO)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2853.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 849.06
  • Room Type: Formal Entry

Exterior Features

  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 14175.00
  • Lot Size Acres: 0.3254
  • Latitude Manual: 33.62383000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14175.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 19
  • Tax Tract Number: 3032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2020
Closed on
Jan 27, 2020
Sold by
Spitz Lawrence S and Spitz Barbara S
Bought by
Sehrer John and Sehrer Carolyn
Seller's Agent
Esther Fine
Surterre Properties Inc.
Buyer's Agent
Sara Taylor
Arbor Real Estate
List Price
$2,450,000
Sold Price
$2,422,375
Premium/Discount to List
-$27,625
-1.13%
Current Estimated Value
$4,322,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,899,728
Avg. Annual Appreciation
10.04%

Purchase Details

Closed on
Mar 31, 1998
Sold by
Spitz Lawrence S and Spitz Barbara S
Bought by
Spitz Lawrence S and Spitz Barbara S
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sehrer John $2,422,500 First American Title Company
Spitz Lawrence S -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2020 02/21/20 Sold $2,422,375 -1.1% $849 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $2,450,000 -- $859 / 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 $22,957 $2,187,291 $1,804,517 $382,774
2024 $22,957 $2,144,403 $1,769,134 $375,269
2023 $22,419 $2,102,356 $1,734,445 $367,911
2022 $22,047 $2,061,134 $1,700,436 $360,698
2021 $21,625 $2,020,720 $1,667,094 $353,626
2020 $7,229 $659,408 $369,114 $290,294
2019 $7,083 $646,479 $361,877 $284,602
2018 $6,943 $633,803 $354,781 $279,022
2017 $6,820 $621,376 $347,825 $273,551
2016 $6,668 $609,193 $341,005 $268,188
2015 $6,602 $600,043 $335,883 $264,160
2014 $6,446 $588,289 $329,303 $258,986
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2020

    Esther Fine

    Surterre Properties Inc.

    (949) 466-6483

    1 in this area

    8 Total Sales

    Esther Fine
    Section Image
  • Sara Taylor

    Buyer's Agent in 2020

    Sara Taylor

    Arbor Real Estate

    (949) 717-7100

    3 in this area

    26 Total Sales

    Sara Taylor
    Section Image
  • Summer Perry

    Buyer Co-Listing Agent in 2020

    Summer Perry

    Compass

    (949) 375-9074

    5 in this area

    129 Total Sales

    Summer Perry
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20013933

California Regional Multiple Listing Service (CRMLS)

APN: 117-462-08

California Orange County Newport Beach 92660 Mariners

1106 Somerset Ln, Newport Beach, CA

This home is located at 1106 Somerset Ln, Newport Beach, CA 92660 since 22 January 2020 and is currently estimated at $4,322,103, approximately $1,514 per square foot. This property was built in 1961. 1106 Somerset Ln is a home located in Orange County with nearby schools including Mariners Elementary School, Horace Ensign Intermediate School, and Newport Harbor High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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

Nearby Homes