NOT LISTED FOR SALE

Estimated Value: $2,514,000 - $2,685,000

5 Beds
3 Baths
1,802 Sq Ft
$1,435/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $2,100,000 $1,165 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $16,025/month

168 Days on Market

Highlights

  • Ocean View
  • Stone Countertops
  • Living Room Balcony
  • Newport Elementary School Rated A
  • Covered Patio or Porch
  • 3-minute walk to Channel Place Park

About This Home

As of February 2022

Back on Market, now you can buy both! See the home next door at 119.5 40th MLS #NP21172770. 5 Bedroom, 3 Bath, 3 story Townhome. This beautiful home is located just 4 houses to the sand and finger jetties at Newport Beach, this beach has the best break on the California Coast. New quartz counter tops, new stainless appliances, many new fixtures, many new double pain windows and sliding doors. This home features a dining room, living room with a fireplace, skylights, tile floors, new carpet, 4 Decks, 2 Patios, garage, carport, apron parking, forced air heating and more.

Last Agent to Sell the Property

Robert Koop

Tekoop Properties, Inc. License #00856542 Listed on: 08/05/2021

Last Buyer's Agent

Deborah Cowles

Compass License #01232658

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $23,270

Year Built

  • Built in 1989

Lot Details

  • Property fronts an alley
  • 1 Common Wall

Parking

  • 1 Car Attached Garage
  • Attached Carport
  • Parking Available
  • Rear-Facing Garage
  • Driveway

Home Design

  • Interior Block Wall

Interior Spaces

  • 1,802 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Room
  • Ocean Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Stone Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Stone Bathroom Countertops
  • Tile Bathroom Countertop

Outdoor Features

  • Living Room Balcony
  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 93394045

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units
  • West Newport Beach Subdivision

Recreation

  • Water Sports
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$23,270

Year Built

Built in 1989

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Subdivision Name Other: West Newport Beach (WSNB)
  • View: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 93394045
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1802.00 Square Feet
  • Interior Amenities: Balcony, Block Walls, Living Room Balcony, Stone Counters
  • Stories: 3
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Dining Room
  • Fireplace Features: Living Room, Gas
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1165.37
  • Room Type: Living Room
  • Window Features: Double Pane Windows
  • Bathroom Features: Stone Counters, Tile Counters
  • Room Kitchen Features: Stone Counters

Exterior Features

  • Patio: Yes
  • View: Ocean
  • Patio And Porch Features: Covered
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Attached Carport, Covered, Driveway, Garage Faces Rear
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Gas Water Heater
  • Heating Type: Central, Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Watersports, Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Latitude Manual: 33.61856000

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Jan 25, 2022
Sold by
Carol Rimmer Family Trust
Bought by
Deritield Rodney M and Denfield Carli A
Seller's Agent
Robert Koop
Tekoop Properties, Inc.
Buyer's Agent
Deborah Cowles
Compass
List Price
$2,595,000
Sold Price
$2,100,000
Premium/Discount to List
-$495,000
-19.08%
Current Estimated Value
$2,585,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$485,222
Avg. Annual Appreciation
4.62%
Original Mortgage
$1,575,000
Outstanding Balance
$1,465,375
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$992,845

Purchase Details

Closed on
Feb 15, 2001
Sold by
Rimmer Carol Lynn
Bought by
Rimmer Carol Lynn and Rimmer 1991 Revocable Family Trust
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
Deritield Rodney M $2,100,000 First American Title
Rimmer Carol Lynn -- --
Rimmer Carol Lynn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deritield Rodney M $1,575,000
Previous Owner Rimmer Carol Lynn $151,000
Previous Owner Rimmer Carol Lynn $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $2,100,000 -4.3% $1,165 / Sq Ft
11/18/2021 11/18/21 Price Changed $2,195,000 -10.7% $1,218 / Sq Ft
09/08/2021 09/08/21 Price Changed $2,459,000 -5.2% $1,365 / Sq Ft
08/05/2021 08/05/21 For Sale $2,595,000 -- $1,440 / 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 $23,270 $2,229,228 $1,910,175 $319,053
2024 $23,270 $2,181,652 $1,872,720 $308,932
2023 $22,830 $2,142,000 $1,836,000 $306,000
2022 $3,534 $301,379 $142,586 $158,793
2021 $3,469 $295,470 $139,790 $155,680
2020 $3,435 $292,441 $138,357 $154,084
2019 $3,370 $286,707 $135,644 $151,063
2018 $3,306 $281,086 $132,985 $148,101
2017 $3,249 $275,575 $130,377 $145,198
2016 $3,179 $270,172 $127,821 $142,351
2015 $3,147 $266,114 $125,901 $140,213
2014 $3,074 $260,902 $123,435 $137,467
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP21172693

California Regional Multiple Listing Service (CRMLS)

APN: 933-940-45