Seller's Agent in 2018
Jason C Bradshaw
Coldwell Banker Realty
(949) 433-3001
1 in this area
62 Total Sales
1501 Kings Rd Newport Beach, CA 92663
Cliff Haven NeighborhoodEstimated Value: $6,280,000 - $7,835,000
4
Beds
4
Baths
3,907
Sq Ft
$1,855/Sq Ft
Est. Value
Highlights
- Ocean View
- Private Pool
- Cape Cod Architecture
- Newport Heights Elementary Rated A
- Open Floorplan
- 2-minute walk to Kings Road Park
About This Home
As of October 2018Imagine 180+ degrees of panoramic views from the city lights of Newport Coast through Newport Harbor, sweeping Pacific ocean and sunsets over Catalina Island, from the livability of a single level home that sits on a massive front row 12,500 Sf parcel while offering 1700 Sf of entertaining decks, a pool, spa, bbq/lounge area, and a large grassy yard; all in 1 place..! Search no further as you have arrived at 1501 Kings Road. This custom residence is located on Newport Heights most exclusive street, and lives as a ranch style home with a near 4,000 Sf of living space, consisting of 4 oversized bedrooms total, 3 of which including the master are on the main level with a 4th bedroom jr. suite equipped with it's own private bath, wet bar, and viewing terrace on the 2nd floor. Upon entry you’re greeted by water views through disappearing walls of glass bringing the outside in. This open concept home boasts a recently upgraded kitchen that flows seamlessly into the dining room, great room, and through the entertainers patio and backyard via multiple sets of bifold doors. The master bedroom is enormous with dual closets, high ceilings, and another set of bifold doors leading to a heated covered terrace. This tech/smart house is control 4 equipped along with a state of the art security and camera system. Located in close proximity to both casual and waterfront fine dining, beaches, bay and country clubs, Fashion Island, freeway access, and John Wayne airport.
Last Agent to Sell the Property
Coldwell Banker Realty License #01304396 Listed on: 08/20/2018
Last Buyer's Agent
Andrew Fosheim
Andrew Fosheim, Broker License #01917598
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $53,912
Year Built
- Built in 1993
Lot Details
- 0.29 Acre Lot
- Landscaped
- Sprinkler System
- Back and Front Yard
Parking
- 2 Car Direct Access Garage
- Oversized Parking
- Parking Available
- Front Facing Garage
- Driveway Level
Property Views
- Ocean
- Bay
- Harbor
- Catalina
- Panoramic
- City Lights
Home Design
- Cape Cod Architecture
- Traditional Architecture
- Turnkey
- Slate Roof
Interior Spaces
- 3,907 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Built-In Features
- Wainscoting
- Beamed Ceilings
- Ceiling Fan
- Recessed Lighting
- Gas Fireplace
- Entryway
- Family Room with Fireplace
- Living Room with Attached Deck
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Walk-In Pantry
- Double Oven
- Gas Oven
- Six Burner Stove
- Gas Cooktop
- Range Hood
- Microwave
- Freezer
- Dishwasher
- Stone Countertops
- Disposal
- Fireplace in Kitchen
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms | 3 Main Level Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Mirrored Closets Doors
- 4 Full Bathrooms
- Makeup or Vanity Space
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Hydromassage or Jetted Bathtub
- Separate Shower
- Exhaust Fan In Bathroom
Home Security
- Alarm System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Pool
- Private Pool
- Spa
Outdoor Features
- Balcony
- Wood Patio
- Outdoor Fireplace
- Terrace
- Outdoor Grill
Location
- Property is near a park
- Suburban Location
Schools
- Newport Heights Elementary School
- Ensign Middle School
- Newport Harbor High School
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 40
- Tax Tract Number 1219
- Assessor Parcel Number 04922219
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 20, 2018
Closed on
Oct 4, 2018
Sold by
Escalette Phillip
Bought by
Fosheim John and Fosheim Penny
Seller's Agent
Jason C Bradshaw
Coldwell Banker Realty
Buyer's Agent
Andrew Fosheim
Andrew Fosheim, Broker
List Price
$4,795,000
Sold Price
$4,566,500
Premium/Discount to List
-$228,500
-4.77%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,680,801
Avg. Annual Appreciation
6.87%
Purchase Details
Closed on
Jan 15, 2004
Sold by
Callender Catherine
Bought by
Escalette Philip and Nmf Investment Holdings Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fosheim John | $4,566,500 | Western Resources Title Co | |
| Escalette Philip | -- | Stewart Title Irvine |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Escalette Philip | $1,840,000 | |
| Previous Owner | Escalette Philip | $2,290,000 | |
| Previous Owner | Escalette Philip | $2,250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/15/2018 10/15/18 | Sold | $4,566,500 | -4.8% | $1,169 / Sq Ft |
| 08/20/2018 08/20/18 | For Sale | $4,795,000 | -- | $1,227 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $53,912 | $5,193,194 | $4,557,626 | $635,568 |
| 2024 | $53,912 | $5,093,312 | $4,468,261 | $625,051 |
| 2023 | $51,634 | $4,896,210 | $4,380,648 | $515,562 |
| 2022 | $50,782 | $4,800,206 | $4,294,753 | $505,453 |
| 2021 | $49,805 | $4,706,085 | $4,210,542 | $495,543 |
| 2020 | $49,326 | $4,657,830 | $4,167,368 | $490,462 |
| 2019 | $48,310 | $4,566,500 | $4,085,654 | $480,846 |
| 2018 | $31,716 | $2,984,285 | $2,532,143 | $452,142 |
| 2017 | $31,155 | $2,925,770 | $2,482,493 | $443,277 |
| 2016 | $30,453 | $2,868,402 | $2,433,816 | $434,586 |
| 2015 | $30,105 | $2,819,407 | $2,397,258 | $422,149 |
| 2014 | $29,395 | $2,764,179 | $2,350,299 | $413,880 |
Source: Public Records
Agents Affiliated with this Home
-
Jason C Bradshaw
-
Darren Smith
Seller Co-Listing Agent in 2018
Darren Smith
Coldwell Banker Realty
(949) 887-0643
26 Total Sales
-
A
Buyer's Agent in 2018
Andrew Fosheim
Andrew Fosheim, Broker
-
J
Buyer Co-Listing Agent in 2018
Jasmine Bradley
Keller Williams Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC18183093
APN: 049-222-19
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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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