$3,420,000
SOLD FEB 13, 2025
3 Beds
2.5 Baths
2,488 Sq Ft
4,968 Sq Ft Lot

Recently Sold

$1,375 Per Sq Ft

2 Days on Market

Highlights

  • 24-Hour Security
  • Spa
  • Updated Kitchen
  • Abraham Lincoln Elementary School Rated A
  • City Lights View
  • Wood Flooring

About This Home

As of February 2025

Situated in the gated neighborhood of Harbor Cove, 1422 Newporter Way is a recently remodeled home offering modern finishes and thoughtful design.
The home features an updated kitchen with newer appliances, countertops, and cabinetry. The kitchen opens directly to the family room, creating a seamless space for casual gatherings and entertaining. The living room, with its open two-story ceiling, adds a sense of volume and light, while the dining room is well-sized for more formal occasions.
The white oak flooring throughout provides a cohesive and contemporary look. The three remodeled bathrooms feature updated fixtures, and finishes, ensuring modern comfort and style. In addition to three bedrooms, the home includes a private office that can serve as a fourth bedroom if needed.
Outside, the well-appointed yard offers a comfortable space for entertaining or relaxing. The yard space is thoughtfully designed to maximize usability and provide a charming outdoor setting.
Conveniently located near Fashion Island, this home offers easy access to shopping, dining, parks, and Newport Beach’s renowned beaches.
Contact us today for more details or to schedule a private showing.

Last Agent to Sell the Property

Brad Hinman

Compass License #01186277 Listed on: 01/03/2025

Compass

Last Buyer's Agent

Mark Taylor

Compass License #01877391

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,887

Year Built

  • Built in 1996 | Remodeled

Lot Details

  • 4,968 Sq Ft Lot
  • Northwest Facing Home
  • Fenced
  • Stucco Fence
  • Landscaped
  • Private Yard
  • Back Yard

HOA Fees

  • $572 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available

Property Views

  • City Lights
  • Peek-A-Boo

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Slab Foundation
  • Tile Roof
  • Flat Tile Roof
  • Stucco

Interior Spaces

  • 2,488 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Spa
  • Enclosed patio or porch
  • Exterior Lighting
  • Rain Gutters

Schools

  • Corona Del Mar Middle School
  • Corona Del Mar High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 33
  • Tax Tract Number 15011
  • Assessor Parcel Number 44037145
  • $380 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • Harbor Cove Association, Phone Number (949) 506-5807
  • Harbor Cove Management HOA
  • Harbor Cove Promenade Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Pool
  • Community Spa

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,887

Year Built

Built in 1996 | Remodeled

Lot Details

0

HOA Fees

$572 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: 24 Hour Security, Gated with Attendant, Gated Community, Gated with Guard
  • Subdivision Name Other: Harbor Cove Promenade (HCPM)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 44037145
  • Year Built: 1996
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2488.00 Square Feet
  • Interior Amenities: High Ceilings
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1374.60
  • Room Type: All Bedrooms Up, Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Office, Walk-In Closet
  • Spa Features: Association, Community
  • Bathroom Features: Bathtub, Shower, Double Sinks In Primary Bath, Remodeled, Upgraded, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Direction Faces: Northwest
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: City Lights, Peek-A-Boo
  • Fence: Yes
  • Fencing: Stucco Wall
  • Patio And Porch Features: Covered, Enclosed
  • Pool Features: Association, Community
  • Pool Private: No
  • Roof: Flat Tile, Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage, Private
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Picnic Area
  • Association Fee: 572.00
  • Association Fee Frequency: Monthly
  • Association Name: Harbor Cove
  • Phone: 949-506-5807
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Harbor Cove Management

Schools

  • School District: Newport Mesa Unified
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • High School2: CODEMA

Green Features

  • Efficiency: Appliances

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Landscaped, Walkstreet, Yard
  • Lot Size Sq Ft: 4968.00
  • Lot Size Acres: 0.1140
  • Latitude Manual: 33.62203500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4968.0000 Square Feet
  • Number Of Units Total: 148

Tax Info

  • Tax Census Tract: 630.04
  • Tax Lot: 33
  • Tax Tract Number: 15011
  • TaxOtherAnnualAssessmentAmount: 380.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2025
Closed on
Jan 8, 2025
Sold by
2018 Ioli Revocable Trust and Ioli Frank Michael
Bought by
Falk Michelle Maria
Seller's Agent
Brad Hinman
Compass
Buyer's Agent
Mark Taylor
Compass
Sold Price
$3,420,000
Views
1
Current Estimated Value
$3,450,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,843
Avg. Annual Appreciation
-0.85%
Original Mortgage
$2,000,000
Outstanding Balance
$1,994,419
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$1,411,868

Purchase Details

Listed on
Aug 12, 2021
Closed on
Nov 2, 2021
Sold by
Aronowitz Carol A
Bought by
Ioli Frank Michael and Ioli Cora Jane
Seller's Agent
Brian Thomas
Surterre Properties Inc.
Buyer's Agent
Brad Hinman
Compass
List Price
$2,425,000
Sold Price
$2,276,000
Premium/Discount to List
-$149,000
-6.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.39%
Original Mortgage
$497,000
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 1997
Sold by
Aronowitz Robert
Bought by
Aronowitz Carol A

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
7.58%

Purchase Details

Closed on
Jan 7, 1997
Sold by
Standard Pacific Corp
Bought by
Aronowitz Robert and Aronowitz Carol A

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
7.58%
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 Type Sale Price Title Company
Grant Deed $3,420,000 Chicago Title Company
Grant Deed $2,276,000 Ticor Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Grant Deed $430,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 New Conventional
Previous Owner $497,000 New Conventional
Previous Owner $417,000 Unknown
Previous Owner $100,000 Unknown
Previous Owner $525,000 Stand Alone First
Previous Owner $300,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2025 02/13/25 Sold $3,420,000 0.0% $1,375 / Sq Ft
01/06/2025 01/06/25 Pending -- -- --
01/05/2025 01/05/25 Off Market $3,420,000 -- --
11/17/2021 11/17/21 Sold $2,276,000 -6.1% $915 / Sq Ft
10/14/2021 10/14/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $2,425,000 -- $975 / 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 $14,887 $1,384,480 $1,020,881 $363,599
2023 $14,536 $1,357,334 $1,000,864 $356,470
2022 $14,365 $1,330,720 $981,239 $349,481
2021 $7,207 $650,409 $308,874 $341,535
2020 $7,280 $643,740 $305,707 $338,033
2019 $7,282 $631,118 $299,713 $331,405
2018 $7,146 $618,744 $293,837 $324,907
2017 $7,028 $606,612 $288,075 $318,537
2016 $6,885 $594,718 $282,426 $312,292
2015 $8,319 $585,785 $278,183 $307,602
2014 $8,178 $574,311 $272,734 $301,577
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP25001360

California Regional Multiple Listing Service (CRMLS)

APN: 440-371-45