NOT LISTED FOR SALE

Estimated Value: $6,148,000 - $6,842,000

4 Beds
3.5 Baths
3,877 Sq Ft
$1,684/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $4,765,000 $1,229 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $39,215/month

35 Days on Market

Highlights

  • Ocean View
  • Property Fronts a Bay or Harbor
  • Fishing
  • Mariners Elementary School Rated A
  • In Ground Pool
  • 1-minute walk to Galaxy View Park

About This Home

As of June 2021

Views, Views, Views! Situated on the 1300 block of Galaxy Drive right by the park this is one of the best locations in Dover Shores. This well maintained single story home has views of the Back Bay, Catalina Island, the ocean, Fashion Island and city lights. This is the only straight down bay and ocean view home with a pool overlooking it. This house sits on over a 10,000 square foot lot. Renderings have been completed to expand the house to 5,000 square feet which would make it only $995 a square ft. This house has great renovation potential or live in it as is with some minor upgrades. This community features two private beaches with cooking areas. If you are looking for a home with views look no further. Close to award winning schools, shopping and dining this house won't last long.

Last Agent to Sell the Property

Westley Williams

Harcourts Prime Properties License #01974291 Listed on: 02/09/2021

Harcourts Prime Properties

Last Buyer's Agent

Westley Williams

Harcourts Prime Properties License #01974291 Listed on: 02/09/2021

Harcourts Prime Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,600

Year Built

  • Built in 1967

Lot Details

  • 9,750 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

HOA Fees

  • $101 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • Marina
  • Back Bay
  • Harbor
  • Bridge
  • City Lights
  • Bluff
  • Mountain
  • Hills
  • Pool

Home Design

  • Patio Home

Interior Spaces

  • 3,877 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Bar
  • Cathedral Ceiling
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Granite Bathroom Countertops
  • Dual Sinks
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a clubhouse
  • Suburban Location

Schools

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

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 82
  • Tax Tract Number 4224
  • Assessor Parcel Number 11768211

Community Details

Overview

  • Dover Shores Association, Phone Number (310) 694-0600
  • Dover Shores Maintenance HOA
  • Dover Shores Subdivision

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Playground
  • Fishing
  • Park
  • Water Sports
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,600

Year Built

Built in 1967

Lot Details

0

HOA Fees

$101 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Dover Shores (DSAM)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 11768211
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3877.00 Square Feet
  • Interior Amenities: Bar, Cathedral Ceiling(s), Granite Counters, High Ceilings, Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 1229.04
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Laundry, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom
  • Spa Features: Private, In Ground
  • Bathroom Features: Bathtub, Shower, Double Sinks In Bath(s), Granite Counters
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • View: Back Bay, Bay, Bluff, Bridge(s), City Lights, Harbor, Hills, Marina, Mountain(s), Ocean, Pool, Water
  • Patio And Porch Features: Concrete
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Paved, Garage, Garage Door Opener
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Outdoor Cooking Area, Picnic Area, Playground
  • Association Fee: 1209.00
  • Association Fee Frequency: Annually
  • Association Name: Dover Shores
  • Phone: 310-694-0600
  • Senior Community: No
  • Community Features: Curbs, Fishing, Hiking, Gutters, Park, Watersports, Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: Dover shores maintenance

Schools

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

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Bluff, Close to Clubhouse, Front Yard, Lawn, Patio Home
  • Lot Size Sq Ft: 9750.00
  • Lot Size Acres: 0.2238

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9750.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front

Tax Info

  • Tax Lot: 82
  • Tax Tract Number: 4224

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2021
Sold by
Maddock Brad C and Maddock Heather
Bought by
Escherich Cortner D and Marciniak Michelle M
Total Days on Market
35
Current Estimated Value
$6,528,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,082,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 9, 2018
Closed on
Apr 26, 2018
Sold by
Margulies Newton and Margulies Dorothy J
Bought by
Maddock Brad C and Maddock Heather
Seller's Agent
Jon Dishon
Arbor Real Estate
Buyer's Agent
Westley Williams
Harcourts Prime Properties
List Price
$3,695,000
Sold Price
$3,550,000
Premium/Discount to List
-$145,000
-3.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%
Original Mortgage
$2,485,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2002
Sold by
Margulies Newton and Margulies Dorothy J
Bought by
Margulies Newton and Margulies Dorothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.89%

Purchase Details

Closed on
Mar 16, 1999
Sold by
Newton Margulies and Newton Dorothy J
Bought by
Margulies Newton and Margulies Dorothy J
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
Escherich Cortner D $4,765,000 Wfg National Title
Maddock Brad C $3,550,000 First American Title
Margulies Newton -- Southland Title Corporation
Margulies Newton -- Fidelity National Title Co
Margulies Newton -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open River Trust $350,000
Previous Owner Escherich Cortner D $3,082,500
Previous Owner Maddock Brad C $2,805,000
Previous Owner Maddock Brad C $2,844,800
Previous Owner Maddock Brad C $2,485,000
Previous Owner Margulies Newton $245,300
Previous Owner Margulies Newton $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $4,765,000 -0.2% $1,229 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
03/08/2021 03/08/21 Price Changed $4,775,000 -4.0% $1,232 / Sq Ft
02/09/2021 02/09/21 For Sale $4,975,000 +40.1% $1,283 / Sq Ft
06/18/2018 06/18/18 Sold $3,550,000 -3.9% $916 / Sq Ft
04/17/2018 04/17/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $3,695,000 -- $953 / 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 $53,600 $5,056,656 $4,555,058 $501,598
2023 $52,350 $4,957,506 $4,465,743 $491,763
2022 $51,414 $4,860,300 $4,378,179 $482,121
2021 $39,553 $3,731,683 $3,292,432 $439,251
2020 $39,173 $3,693,420 $3,258,672 $434,748
2019 $38,355 $3,621,000 $3,194,776 $426,224
2018 $11,428 $1,060,669 $681,365 $379,304
2017 $11,226 $1,039,872 $668,005 $371,867
2016 $10,974 $1,019,483 $654,907 $364,576
2015 $10,868 $1,004,170 $645,070 $359,100
2014 $10,611 $984,500 $632,434 $352,066
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21026151

California Regional Multiple Listing Service (CRMLS)

APN: 117-682-11