NOT LISTED FOR SALE

Estimated Value: $4,543,000 - $6,145,000

5 Beds
3.5 Baths
3,972 Sq Ft
$1,367/Sq Ft Est. Value

Last Sold February 24, 2021

Last sale price $3,000,000 $755 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $31,849/month

5 Days on Market

Highlights

  • Above Ground Spa
  • Bay View
  • Traditional Architecture
  • Newport Heights Elementary Rated A
  • Living Room with Fireplace
  • 5-minute walk to Kings Road Park

About This Home

As of February 2021

Beautiful 4-bed, 4-bath residence, with a potential fifth bedroom currently used as an office. The sun-filled kitchen boasts a large island, stainless steel appliances, and a breakfast nook. Adjacent to the kitchen is the large family room with a bar and built-in bookcases. The spacious owner's suite includes a private deck with ocean views, a separate sitting area, two spacious walk-in closets, and a marble-clad bathroom with a tub. Fully enclosed by mature trees, the grassy yard features a wrap-around deck, outdoor kitchen/BBQ area, and spa. An oversized three-car garage and a laundry/service porch complete the residence. Located close to Ensign Elementary School and Newport Harbor High School. All offers are due on Friday, January 15th by 4:00 pm.

Last Agent to Sell the Property

Heather Young

The Oppenheim Group, Inc. License #01962482 Listed on: 01/11/2021

The Oppenheim Group, Inc.

Co-Listed By

Jason Oppenheim

The Oppenheim Group, Inc. License #01863254

Last Buyer's Agent

Matthew Peters

The Oppenheim Group License #01901784

The Oppenheim Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • 7,590

Parking

  • 3 Car Garage

Property Views

  • Bay
  • City Lights

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,972 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Den with Fireplace
  • Wood Flooring
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Above Ground Spa
  • Outdoor Grill

Additional Features

  • 7,590 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 049-211-02

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

7,590 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 3972
  • Lot Acreage: 0.1742
  • Stories: 2
  • Year Built: 1985
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Den
  • Flooring: Hardwood
  • Bedrooms: 5
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Equipment: Built-Ins, Dishwasher, Microwave, Range/Oven, Refrigerator, Barbeque
  • Price Per S Q F T: 704.68

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa: Above Ground
  • Spa Yn: Yes
  • View: City, City Lights, Bay
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 3 Car

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 049-211-02
  • Lot Size Area: 7590

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2021
Closed on
Feb 16, 2021
Sold by
Meng Vivian Lee and The Cliff Trust
Bought by
Lyon David William and Lyon Siri Elizabeth
Seller's Agent
Heather Young
The Oppenheim Group, Inc.
Buyer's Agent
Matthew Peters
The Oppenheim Group
List Price
$2,799,000
Sold Price
$3,000,000
Premium/Discount to List
$201,000
7.18%
Current Estimated Value
$5,429,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,429,321
Avg. Annual Appreciation
12.36%
Original Mortgage
$2,400,000
Outstanding Balance
$2,144,678
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$3,284,643

Purchase Details

Listed on
Oct 13, 2018
Closed on
Dec 19, 2018
Sold by
Meng Vivian Lee
Bought by
Meng Vivian Lee and The Cliff Trust
Seller's Agent
Michael Wu
K.W. EXECUTIVE
Buyer's Agent
Michael Wu
K.W. EXECUTIVE
Sold Price
$4,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Dec 11, 2013
Closed on
Apr 1, 2014
Sold by
Grumman Sean A and Koplik Samantha R
Bought by
Lee Vivan Meng and The Cliff Trust
Seller's Agent
Bruce Miller
Compass
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$2,395,000
Sold Price
$2,100,000
Premium/Discount to List
-$295,000
-12.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.27%

Purchase Details

Closed on
Oct 10, 2011
Sold by
Grumman Jan
Bought by
Grumman Barry

Purchase Details

Closed on
Dec 15, 2004
Sold by
Marlow Stephen D and Marlow Charlene R
Bought by
Grumman Barry and Grumman Jan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,170,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2004
Sold by
Marlow Stephen D and Marlow Charlene R
Bought by
Marlow Stephen D and Marlow Charlene R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2003
Sold by
Marlow Stephen D and Marlow Charlene R
Bought by
Marlow Stephen D and Marlow Charlene R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2003
Sold by
Geehr Edward C and Geehr Janet H
Bought by
Marlow Stephen D and Marlow Charlene R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 1999
Sold by
Dorris Richard P and Dorris Dannielle Dannielle
Bought by
Geehr Edward C and Geehr Janet H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.37%
Source: Public Records
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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
Lyon David William $3,000,000 Chicago Title Company
Meng Vivian Lee -- Old Republic Title Company
Lee Vivan Meng $2,100,000 Title 365
Grumman Barry -- None Available
Grumman Barry $1,800,000 Equity Title Company
Marlow Stephen D -- --
Marlow Stephen D -- Chicago Title Co
Marlow Stephen D -- Equity Title Company
Marlow Stephen D -- Orange Coast Title
Geehr Edward C $1,060,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lyon David William $2,400,000
Previous Owner Meng Vivian Lee $1,500,000
Previous Owner Grumman Barry $1,170,000
Previous Owner Marlow Stephen D $1,100,000
Previous Owner Marlow Stephen D $1,100,000
Previous Owner Geehr Edward C $500,000
Closed Marlow Stephen D $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2021 02/24/21 Sold $3,000,000 +7.2% $755 / Sq Ft
01/16/2021 01/16/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $2,799,000 0.0% $705 / Sq Ft
10/26/2018 10/26/18 Rented $4,950 0.0% --
10/13/2018 10/13/18 For Rent $4,950 0.0% --
04/16/2014 04/16/14 Sold $2,100,000 -4.5% $525 / Sq Ft View Prior Sale
02/11/2014 02/11/14 Price Changed $2,199,000 -8.2% $550 / Sq Ft
12/11/2013 12/11/13 For Sale $2,395,000 -- $599 / Sq Ft
Source: The MLS

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 $34,039 $3,268,685 $2,740,374 $528,311
2024 $34,039 $3,204,594 $2,686,642 $517,952
2023 $33,026 $3,121,200 $2,633,962 $487,238
2022 $32,479 $3,060,000 $2,582,315 $477,685
2021 $25,387 $2,378,265 $1,920,155 $458,110
2020 $25,143 $2,353,879 $1,900,466 $453,413
2019 $24,622 $2,307,725 $1,863,202 $444,523
2018 $24,131 $2,262,476 $1,826,669 $435,807
2017 $23,704 $2,218,114 $1,790,852 $427,262
2016 $23,171 $2,174,622 $1,755,737 $418,885
2015 $22,954 $2,141,958 $1,729,365 $412,593
2014 $21,682 $2,046,762 $1,599,343 $447,419
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-678838

The MLS

APN: 049-211-02

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