NOT LISTED FOR SALE

Estimated Value: $3,393,000 - $5,580,000

5 Beds
3 Baths
3,592 Sq Ft
$1,233/Sq Ft Est. Value

Last Sold August 25, 2021

Last sale price $2,749,500 $765 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $27,399/month

34 Days on Market

Highlights

  • Parking available for a boat
  • Heated Spa
  • Updated Kitchen
  • Mariners Elementary School Rated A
  • Primary Bedroom Suite
  • Main Floor Bedroom

About This Home

As of August 2021

Trophy location custom home overlooking Dover Shores! The lot is an elevated corner with wide vistas and ocean breezes on one of the most desirable streets in the neighborhood. This quality five-bedroom house built by Valentine, has huge rooms including living room with fireplace, formal dining, beamed ceiling game room with wet bar, fireplace and access to outdoor spa. Extra large master bedroom has sweeping views with balcony and walk in closet. Enjoy 4th of July fireworks from your own terrace! Additionally, there are three more bedrooms upstairs, a second balcony, and an activity room off one of the secondary bedrooms-great for artists, toy room, additional bath and more. Convenient downstairs bedroom and bath. An extra bonus is the 35’ plus boat or RV accessibility and five-car driveway with room to expand over the three-car garage. Take advantage of a rare opportunity to upgrade this property and create your Dream Home with no HOA! So many options and upside potential. Bike to the beach, walk to Back Bay trails, shop on 17th St & Fashion Island, and for your getaways-John Wayne Airport is a quick ride from home.

Last Agent to Sell the Property

Lori Wright

Real Brokerage Technologies, Inc License #01721094 Listed on: 06/23/2021

Real Brokerage Technologies, Inc

Last Buyer's Agent

Jay Viloria

Milestone, Inc. License #01037496

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,493

Year Built

  • Built in 1971

Lot Details

  • 8,515 Sq Ft Lot
  • Southeast Facing Home
  • Wood Fence
  • Block Wall Fence
  • Corner Lot
  • Gentle Sloping Lot
  • Sprinkler System
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Direct Access Garage
  • 5 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Three Garage Doors
  • Combination Of Materials Used In The Driveway
  • Parking available for a boat
  • RV Access or Parking

Home Design

  • Slab Foundation
  • Fire Rated Drywall
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,592 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Beamed Ceilings
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Blinds
  • Living Room with Fireplace
  • Dining Room
  • Game Room with Fireplace
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Corian Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Stone Bathroom Countertops
  • Corian Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors swing in
  • More Than Two Accessible Exits
  • Entry Slope Less Than 1 Foot

Pool

  • Heated Spa
  • In Ground Spa
  • Gunite Spa

Outdoor Features

  • Balcony
  • Brick Porch or Patio
  • Exterior Lighting

Schools

  • Mariners Elementary School
  • Horace Ensign Middle School
  • Newport Harbor High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 7045
  • Assessor Parcel Number 11777408

Community Details

Overview

  • No Home Owners Association
  • Baycrest South Subdivision

Recreation

  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,493

Year Built

Built in 1971

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: 949-400-7333
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Baycrest South (BCSO)
  • View: Yes
  • Zoning: R
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 11777408
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3592.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Corian Counters, Granite Counters, Pantry, Wet Bar
  • Stories: 2
  • Entry Location: Ground floor
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: 2+ Access Exits, 36 Inch Or More Wide Halls, Doors - Swing In, Entry Slope Less Than 1 Foot
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Area, Dining Room, In Kitchen
  • Fireplace Features: Game Room, Living Room, Gas Starter, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 765.45
  • Room Type: Game Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Suite
  • Spa Features: Private, Gunite, Heated, In Ground
  • Window Features: Blinds
  • Bathroom Features: Shower, Shower In Tub, Closet In Bathroom, Corian Counters, Double Sinks In Bath(s), Double Sinks In Master Bath, Exhaust Fan(s), Linen Closet/Storage, Privacy Toilet Door, Stone Counters, Vanity Area
  • Room Kitchen Features: Built-In Trash/Recycling, Granite Counters, Kitchen Island, Pots & Pan Drawers, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Direction Faces: Southeast
  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Wood
  • Patio And Porch Features: Brick, Concrete
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Boat, Direct Garage Access, Driveway - Combination, Garage Faces Front, Garage - Three Door, RV Access/Parking
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 5.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Electric Oven, Gas Cooktop, Gas Water Heater, Range Hood, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan, Water Heater, Water Line to Refrigerator
  • Electric: 220 Volts in Kitchen
  • Heating Type: Central, Forced Air
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Watersports, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Mariners
  • Middle School: Horace Ensign
  • High School: Newport Harbor
  • Elementary School: Mariners
  • High School: Newport Harbor
  • Middle Or Junior School: Horace Ensign
  • Elementary School #2: MARINE
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Corner Lot, Gentle Sloping, Sprinkler System
  • Lot Size Sq Ft: 8515.00
  • Lot Size Acres: 0.1955

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8515.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 22
  • Tax Tract Number: 07045

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Aug 2, 2021
Sold by
Wright Lori J and Braga Jayne E
Bought by
Nelsen Michael Robert and Nelsen Leilani
Seller's Agent
Lori Wright
Real Brokerage Technologies, Inc
Buyer's Agent
Jay Viloria
Milestone, Inc.
List Price
$2,895,000
Sold Price
$2,749,500
Premium/Discount to List
-$145,500
-5.03%
Total Days on Market
34
Current Estimated Value
$4,428,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,678,768
Avg. Annual Appreciation
12.65%
Original Mortgage
$650,000
Outstanding Balance
$596,585
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$3,716,421

Purchase Details

Closed on
Jun 7, 2013
Sold by
Potoma Michael and Potoma Evelyn M
Bought by
Potoma Michael and Potoma Evelyn M
Source: Public Records

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Range of Values:

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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
Nelsen Michael Robert $2,749,500 Lawyers Title
Potoma Michael -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelsen Michael Robert $650,000
Previous Owner Potoma Michael $462,000
Previous Owner Potoma Michael $500,000
Previous Owner Potoma Michael $550,000
Previous Owner Potoma Michael $550,000
Previous Owner Potoma Michael $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2021 08/25/21 Sold $2,749,500 0.0% $765 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
07/20/2021 07/20/21 Price Changed $2,749,500 -5.0% $765 / Sq Ft
06/23/2021 06/23/21 For Sale $2,895,000 -- $806 / 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
2024 $30,493 $2,860,579 $2,520,828 $339,751
2023 $29,780 $2,804,490 $2,471,400 $333,090
2022 $29,287 $2,749,500 $2,422,941 $326,559
2021 $2,772 $228,861 $78,421 $150,440
2020 $2,745 $226,515 $77,617 $148,898
2019 $2,621 $222,074 $76,095 $145,979
2018 $2,570 $217,720 $74,603 $143,117
2017 $2,525 $213,451 $73,140 $140,311
2016 $2,470 $209,266 $71,706 $137,560
2015 $2,444 $206,123 $70,629 $135,494
2014 $2,386 $202,086 $69,246 $132,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP21136020

California Regional Multiple Listing Service (CRMLS)

APN: 117-774-08