NOT LISTED FOR SALE

Estimated Value: $5,073,505 - $6,642,000

5 Beds
4.5 Baths
4,264 Sq Ft
$1,332/Sq Ft Est. Value

Highlights

  • Ocean View
  • Beach Access
  • Deck
  • Newport Elementary School Rated A
  • Maid or Guest Quarters
  • 1-minute walk to Channel Place Park

About This Home

As of March 2016

This custom five bedroom, four and a half bathroom single family home is steps to one of the finest beaches in Newport Beach. Enjoy ocean views, and the beach climate. This beautiful home has been completely remodeled with granite counters in kitchen with Viking appliances and travertine flooring. The master suite has a sitting area with a fireplace, and the master bathroom has the finest finishes. There are two decks which feature incredible ocean views. This custom Newport Beach is located just steps from the sand.

Last Agent to Rent the Property

Sharon Paxson

Coldwell Banker Realty License #01501912 Listed on: 08/14/2015

Coldwell Banker Realty

Last Renter's Agent

Mark Todd

Compass License #01168021

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,954

Year Built

  • Built in 1990 | Remodeled

Lot Details

  • 2,550 Sq Ft Lot
  • South Facing Home
  • Vinyl Fence

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation
  • Slate Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 4,264 Sq Ft Home
  • Furnished
  • Wired For Sound
  • Wired For Data
  • Fireplace With Gas Starter
  • Awning
  • Dining Room
  • Stone Flooring
  • Ocean Views

Kitchen

  • Breakfast Bar
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Maid or Guest Quarters

Outdoor Features

  • Beach Access
  • Balcony
  • Deck
  • Patio
  • Rain Gutters

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $15,000
  • Legal Lot and Block 19 / 43
  • Tax Tract Number 670
  • Assessor Parcel Number 42302216

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,954

Year Built

Built in 1990 | Remodeled

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Credit Check Paid By: Tenant
  • Deposit Pets: 1000
  • Deposit Security: 15000
  • Furnished: Furnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Central Newport (CNEW)
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 42302216
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4264.00
  • Interior Amenities: Balcony, Wired for Data, Granite Counters, Wired for Sound
  • Entry Location: Ground Level No Steps
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Gas Starter
  • Levels: Three Or More
  • Price Per Square Foot: 2.35
  • Room Type: Guest/Maid's Quarters

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Block, Slab
  • Exterior Features: Awning(s), Rain Gutters
  • View: Ocean
  • Fence: Yes
  • Fencing: Vinyl
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Slate
  • Spa: No
  • Construction Materials: Brick, Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available, Water Connected
  • Heating: Yes
  • Heating Type: Forced Air, Natural Gas
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Size Sq Ft: 2550.00
  • Price Per Lot Square Foot: 3.92
  • Lot Size Acres: 0.0590

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: Negotiable
  • Lot Size Area: 2550.0000 Square Feet
  • Waterfront Features: Beach Access

Tax Info

  • Tax Block: 43
  • Tax Lot: 19
  • Tax Tract Number: 670

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2007
Sold by
Wardy Amen and Wardy Traci
Bought by
Schaffer Mark E and Cain Cyntia E
Current Estimated Value
$5,681,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,232,000
Interest Rate
7.72%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 18, 2006
Sold by
Keehan Thomas J and Keehan Karen
Bought by
Wardy Amen and Wardy Traci
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
Schaffer Mark E $2,790,000 Stewart Title Irvine
Wardy Amen -- Equity Title Company
Keehan Thomas J -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaffer Cynthia E Cain $1,770,000
Previous Owner Schaffer Mark E $2,232,000
Previous Owner Keehan Thomas J $110,000
Previous Owner Keehan Thomas J $45,000
Previous Owner Keehan Thomas J $466,000
Previous Owner Keehan Thomas J $89,000
Previous Owner Keehan Thomas J $384,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2016 03/16/16 Rented $10,000 -4.8% --
08/14/2015 08/14/15 For Rent $10,500 -- --
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 $38,954 $3,738,009 $3,182,505 $555,504
2024 $38,954 $3,664,715 $3,120,103 $544,612
2023 $35,630 $3,362,572 $2,913,769 $448,803
2022 $35,042 $3,296,640 $2,856,637 $440,003
2021 $34,369 $3,232,000 $2,800,624 $431,376
2020 $32,502 $3,052,860 $2,621,484 $431,376
2019 $31,826 $2,993,000 $2,570,082 $422,918
2018 $31,808 $2,993,000 $2,570,082 $422,918
2017 $31,862 $2,993,000 $2,570,082 $422,918
2016 $24,361 $2,288,000 $1,865,082 $422,918
2015 $24,495 $2,288,000 $1,865,082 $422,918
2014 $24,389 $2,288,000 $1,865,082 $422,918
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15179864

California Regional Multiple Listing Service (CRMLS)

APN: 423-022-16