NOT LISTED FOR SALE

1207 Somerset Ln Newport Beach, CA 92660

Mariners Neighborhood

Estimated Value: $5,398,000 - $6,006,860

5 Beds
4.5 Baths
3,360 Sq Ft
$1,713/Sq Ft Est. Value

Last Sold January 17, 2020

Last sale price $3,295,000 $981 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $33,799/month

4 Days on Market

Highlights

  • Primary Bedroom Suite
  • No HOA
  • Laundry Room
  • Mariners Elementary School Rated A
  • 3 Car Attached Garage
  • Central Air

About This Home

As of January 2020

Put in for Comp Purposes.

Last Agent to Sell the Property

Jon Dishon

Arbor Real Estate License #01192701 Listed on: 01/13/2020

Arbor Real Estate

Co-Listed By

Nicole Dishon

Arbor Real Estate License #01275311

Last Buyer's Agent

Annie Clougherty

Compass License #01716801

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,567

Year Built

  • Built in 2009

Lot Details

  • 10,680 Sq Ft Lot
  • Front and Back Yard Sprinklers

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 3,360 Sq Ft Home
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Primary Bedroom Suite

Utilities

  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 3032
  • Assessor Parcel Number 11746105

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,567

Year Built

Built in 2009

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Westcliff East (WCDE)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 11746105
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3360.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Gas Starter
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 980.65
  • Room Type: Master Suite

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: Yes
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 10680.00
  • Lot Size Acres: 0.2452

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10680.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 3032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2020
Closed on
Jan 10, 2020
Sold by
Morgan Whitney
Bought by
Morgan Joseph
Seller's Agent
Jon Dishon
Arbor Real Estate
Buyer's Agent
Annie Clougherty
Compass
List Price
$3,295,000
Sold Price
$3,295,000
Current Estimated Value
$5,755,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,460,965
Avg. Annual Appreciation
10.56%
Original Mortgage
$494,250
Outstanding Balance
$439,617
Interest Rate
3.73%
Mortgage Type
Stand Alone Second
Estimated Equity
$5,381,923

Purchase Details

Listed on
Jan 13, 2020
Closed on
Dec 16, 2019
Sold by
Milling Richard Charles and Milling Gayle Joan
Bought by
Morgan Joseph
Seller's Agent
Jon Dishon
Arbor Real Estate
Buyer's Agent
Annie Clougherty
Compass
List Price
$3,295,000
Sold Price
$3,295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,250
Outstanding Balance
$439,617
Interest Rate
3.73%
Mortgage Type
Stand Alone Second
Estimated Equity
$5,381,923

Purchase Details

Listed on
Sep 16, 2015
Closed on
Sep 17, 2015
Sold by
Perraud Stacy Anne
Bought by
The Richard C & Gayle J Milling Trust
Seller's Agent
Jon Dishon
Arbor Real Estate
Buyer's Agent
Nicole Dishon
Arbor Real Estate
List Price
$2,795,000
Sold Price
$2,795,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.95%
Original Mortgage
$2,000,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 23, 2010
Sold by
Wallace Stacy Anne and Perraud Stacy Anne
Bought by
Perraud Stacy Anne and Stacy Anne Perraud Separate Property Tru

Purchase Details

Closed on
Apr 16, 2010
Sold by
Perraud Bryan
Bought by
Wallace Stacy Anne

Purchase Details

Closed on
Apr 13, 2009
Sold by
Rosenast Thomas C
Bought by
Wallace Edwin Howard and Wallace Judith Lorilee

Purchase Details

Closed on
Aug 30, 2001
Sold by
Rosenast Robert S and Rosenast Thomas C
Bought by
Rosenast Robert S and Rosenast Thomas C

Purchase Details

Closed on
Aug 31, 1993
Sold by
Rosenast Robert S and Rosenast Mary E
Bought by
Rosenast Robert S and Rosenast Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,500
Interest Rate
7.2%

Purchase Details

Closed on
Aug 19, 1993
Sold by
Rosenast Robert S and Rosenast Mary E
Bought by
Rosenast Robert S and Rosenast Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,500
Interest Rate
7.2%
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
Morgan Joseph -- Stewart Title
Morgan Joseph $3,295,000 Stewart Title Company
The Richard C & Gayle J Milling Trust $2,795,000 Ticor Title
Perraud Stacy Anne -- None Available
Wallace Stacy Anne -- None Available
Wallace Stacy Anne -- None Available
Wallace Edwin Howard $1,450,000 California Title Company
Rosenast Robert S -- --
Rosenast Robert S -- --
Rosenast Robert S -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Joseph $99,112
Open Morgan Joseph $494,250
Open Morgan Joseph $2,471,250
Previous Owner The Richard C & Gayle J Milling Trust $2,000,000
Previous Owner Rosenast Robert S $675,000
Previous Owner Rosenast Robert S $667,000
Previous Owner Rosenast Robert S $581,250
Previous Owner Rosenast Robert S $527,250
Previous Owner Rosenast Robert S $194,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2020 01/17/20 Sold $3,295,000 0.0% $981 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $3,295,000 +17.9% $981 / Sq Ft
10/20/2015 10/20/15 Sold $2,795,000 0.0% $832 / Sq Ft
09/16/2015 09/16/15 Pending -- -- --
09/16/2015 09/16/15 For Sale $2,795,000 -- $832 / 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 $37,567 $3,603,562 $2,884,380 $719,182
2024 $37,567 $3,532,904 $2,827,823 $705,081
2023 $36,689 $3,463,632 $2,772,376 $691,256
2022 $36,084 $3,395,718 $2,718,016 $677,702
2021 $35,391 $3,329,136 $2,664,722 $664,414
2020 $32,213 $3,025,397 $2,428,977 $596,420
2019 $31,543 $2,966,076 $2,381,350 $584,726
2018 $30,914 $2,907,918 $2,334,657 $573,261
2017 $30,366 $2,850,900 $2,288,879 $562,021
2016 $29,682 $2,795,000 $2,243,999 $551,001
2015 $19,050 $1,772,150 $1,215,593 $556,557
2014 $18,601 $1,737,437 $1,191,782 $545,655
Source: Public Records

Agents Affiliated with this Home

  • Jon Dishon

    Seller's Agent in 2020

    Jon Dishon

    Arbor Real Estate

    (949) 632-9967

    34 in this area

    81 Total Sales

    Jon Dishon
    Section Image

  • N

    Seller Co-Listing Agent in 2020

    Nicole Dishon

    Arbor Real Estate

    (949) 554-1200

    27 in this area

    60 Total Sales

    Nicole Dishon
    Section Image
  • Annie Clougherty

    Buyer's Agent in 2020

    Annie Clougherty

    Compass

    (949) 375-3037

    8 in this area

    230 Total Sales

    Annie Clougherty
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20012407

California Regional Multiple Listing Service (CRMLS)

APN: 117-461-05

California Orange County Newport Beach 92660 Mariners

1207 Somerset Ln, Newport Beach, CA

This home is located at 1207 Somerset Ln, Newport Beach, CA 92660 since 13 January 2020 and is currently estimated at $5,755,965, approximately $1,713 per square foot. This property was built in 2009. 1207 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

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