NOT LISTED FOR SALE

Estimated Value: $3,274,326 - $3,529,000

5 Beds
3 Baths
1,660 Sq Ft
$2,045/Sq Ft Est. Value

Last Sold August 02, 2024

Last sale price $3,250,000 $1,958 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $20,028/month

66 Days on Market

Highlights

  • Updated Kitchen
  • Main Floor Bedroom
  • Furnished
  • Newport Elementary School Rated A
  • High Ceiling
  • 1-minute walk to 38th Street Park

About This Home

As of August 2024

Once upon a time, nestled in the heart of chic sophistication, stood a darling duplex straight out of the pages of Vanity Fair Magazine. 100 Block in the heart of Newport Peninsula conveniently located to everything and four doors off the sand. This gem had undergone a magnificent transformation, from top to bottom, adorned with the latest in on-trend finishes. With a coveted short-term rental permit, this property dazzled with its consistently booked calendar, boasting an impressive history of revenue.The front unit, a delightful retreat of 2 bedrooms and 1 bathroom, beckoned with its high-vaulted ceilings and modern charm. Meanwhile, the rear unit, featuring 2 bedrooms and 1 bathroom and a separate enticing bonus suite complete with its own luxurious bathroom both offering a sanctuary of comfort and style. In total, this enchanting abode boasted 5 bedrooms and 3 bathrooms, each adorned with the convenience of modern AC. A central laundry room, three distinct outdoor spaces whispering promises of al fresco bliss. Topping off this fairy tale, a spacious 2-car garage and new roof installed in 2023 ensured both convenience and peace of mind. Welcome to the captivating narrative of 120 37th St—a storybook property awaiting its next chapter in ownership.

Last Agent to Sell the Property

Nicolai Glazer

Pacific Sotheby's Int'l Realty Brokerage Phone: 949-306-8339 License #01857997 Listed on: 04/19/2024

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Jasleen Chhabra

Realty Masters & Associates License #02110056

Realty Masters & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,333

Year Built

  • Built in 1948

Lot Details

  • 2,178 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors

Interior Spaces

  • 1,660 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Chair Railings
  • Wainscoting
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Standard Electricity

Listing and Financial Details

  • Legal Lot and Block 10 / 36
  • Tax Tract Number 670
  • Assessor Parcel Number 42333117
  • $523 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • West Newport Beach Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,333

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: West Newport Beach (WSNB)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42333117
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1660.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s), Chair Railings, Furnished, Granite Counters, High Ceilings, Wainscoting
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1957.83
  • Room Type: Main Floor Bedroom
  • Bathroom Features: Shower, Granite Counters
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Covered, Patio, Porch, Front Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Common Area, Community, Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2178.00
  • Lot Size Acres: 0.0500
  • Latitude Manual: 33.61690600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2178.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 36
  • Tax Census Tract: 635.00
  • Tax Lot: 10
  • Tax Tract Number: 670
  • TaxOtherAnnualAssessmentAmount: 523.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Aug 1, 2024
Sold by
Chhabra Jasleen
Bought by
Chhabra Vaninder
Seller's Agent
Nicolai Glazer
Pacific Sotheby's Int'l Realty
Buyer's Agent
Jasleen Chhabra
Realty Masters & Associates
List Price
$3,450,000
Sold Price
$3,250,000
Premium/Discount to List
-$200,000
-5.8%
Views
47
Current Estimated Value
$3,394,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,332
Avg. Annual Appreciation
4.35%
Original Mortgage
$2,275,000
Outstanding Balance
$2,249,036
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$1,145,296

Purchase Details

Listed on
Apr 19, 2024
Closed on
Jul 1, 2024
Sold by
Wendy Lou Edwards Trust and Leithem Wendy Edwards
Bought by
Chhabra Vaninder
Seller's Agent
Nicolai Glazer
Pacific Sotheby's Int'l Realty
Buyer's Agent
Jasleen Chhabra
Realty Masters & Associates
List Price
$3,450,000
Sold Price
$3,250,000
Premium/Discount to List
-$200,000
-5.8%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,275,000
Outstanding Balance
$2,249,036
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$1,145,296

Purchase Details

Closed on
Oct 7, 2015
Sold by
Marcy Lynette Joan
Bought by
Leithem Wendy Edwards

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$962,500
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2004
Sold by
Marcy Stephan Michael and Marcy Lynette Joan
Bought by
Marcy Stephan Michael and Marcy Lynette Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.92%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 27, 1998
Sold by
Marcy Stephan Michael and Marcy Lynette Joan
Bought by
Marcy Md Stephan Michael and Marcy Lynette Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 1998
Sold by
Marcy Stephan Michael and Marcy Lynette Joan
Bought by
Marcy Md Stephan Michael and Marcy Lynette Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 1996
Sold by
Cisek Martin J and Cisek Gail A
Bought by
Marcy Md Stephan Michael and Marcy Lynette Joan

Purchase Details

Closed on
Jan 2, 1996
Sold by
Rizzi Franco and Rizzi Yolanda
Bought by
Cisek Martin J and Cisek Gail A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,800
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Chhabra Vaninder -- Ticor Title
Chhabra Vaninder $3,250,000 Ticor Title
Leithem Wendy Edwards $1,375,000 Ticor Title
Marcy Stephan Michael -- Fidelity National Title Comp
Marcy Stephan Michael -- Fidelity National Title Comp
Marcy Md Stephan Michael -- --
Marcy Md Stephan Michael -- American Title Co
Marcy Md Stephan Michael $355,000 Chicago Title Co
Cisek Martin J $288,500 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chhabra Vaninder $2,275,000
Previous Owner Leithem Wendy Edwards $962,500
Previous Owner Marcy Stephan Michael $333,700
Previous Owner Marcy Md Stephan Michael $100,000
Previous Owner Marcy Md Stephan Michael $166,000
Previous Owner Cisek Martin J $230,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2024 08/02/24 Sold $3,250,000 -5.8% $1,958 / Sq Ft
06/28/2024 06/28/24 For Sale $3,450,000 +6.2% $2,078 / Sq Ft
06/27/2024 06/27/24 Off Market $3,250,000 -- --
06/27/2024 06/27/24 For Sale $3,450,000 +6.2% $2,078 / Sq Ft
06/26/2024 06/26/24 Off Market $3,250,000 -- --
06/24/2024 06/24/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $3,450,000 -- $2,078 / 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 $17,333 $3,250,000 $3,152,401 $97,599
2024 $17,333 $1,595,804 $1,511,099 $84,705
2023 $16,924 $1,564,514 $1,481,469 $83,045
2022 $16,640 $1,533,838 $1,452,421 $81,417
2021 $16,323 $1,503,763 $1,423,942 $79,821
2020 $16,166 $1,488,344 $1,409,341 $79,003
2019 $15,836 $1,459,161 $1,381,707 $77,454
2018 $15,523 $1,430,550 $1,354,614 $75,936
2017 $15,250 $1,402,500 $1,328,052 $74,448
2016 $14,909 $1,375,000 $1,302,011 $72,989
2015 $5,549 $481,077 $390,098 $90,979
2014 $5,420 $471,654 $382,457 $89,197
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24077721

California Regional Multiple Listing Service (CRMLS)

APN: 423-331-17