NOT LISTED FOR SALE

1511 Kings Rd Newport Beach, CA 92663

Cliff Haven Neighborhood

Estimated Value: $6,089,000 - $12,479,025

4 Beds
3 Baths
2,924 Sq Ft
$2,875/Sq Ft Est. Value

Last Sold December 16, 2013

Last sale price $2,375,000 $812 Per Sq Ft

Est. 254% increase in value since last sale

Current estimated payment $51,063/month

241 Days on Market

Highlights

  • Ocean View
  • No Units Above
  • Main Floor Primary Bedroom
  • Newport Heights Elementary Rated A
  • Multi-Level Bedroom
  • 2-minute walk to Kings Road Park

About This Home

As of December 2013

Investors! KINGS Rd. Opportunity. Premium Clipp/Bluff - TOP location. Georgeous Views of The Harbor, with distant views of the Ocean. Take in the beauty of Newport Beach, Lido and Balboa. The property is a true gem. One of the last properties that has not been remodeled on Kings Rd. The comps for a completely remodeled property on this street are truly amazing! Master Bath, Upstairs Bath, and Kitchen have already been upgraded with granite counters, tile floors, new fixtures, and new appliances.

Last Agent to Sell the Property

Steven Benken

Trans United Real Estate License #01905693 Listed on: 12/06/2013

Last Buyer's Agent

Steven Benken

Trans United Real Estate License #01905693 Listed on: 12/06/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $80,049

Year Built

  • Built in 1950

Lot Details

  • 0.29 Acre Lot
  • No Common Walls
  • No Units Located Below
  • Gentle Sloping Lot
  • Garden
  • Back Yard

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Marina
  • Coastline
  • Harbor
  • Panoramic
  • City Lights
  • Bluff

Home Design

  • Patio Home
  • Split Level Home

Interior Spaces

  • 2,924 Sq Ft Home
  • Great Room
  • Separate Family Room
  • Den with Fireplace
  • Bonus Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Multi-Level Bedroom
  • 3 Full Bathrooms

Location

  • Suburban Location

Utilities

  • Central Air
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 41
  • Tax Tract Number 1219
  • Assessor Parcel Number 04922218

Home Details

Home Type

Single Family

Est. Annual Taxes

$80,049

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Cliffhaven (CLIF)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04922218
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2924.00
  • Common Walls: No Common Walls, No One Above, No One Below
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Den
  • Levels: Multi/Split
  • Price Per Square Foot: 812.24
  • Room Type: Bonus Room, Den, Family Room, Great Room, Multi-Level Bedroom, Main Floor Master Bedroom, Separate Family Room

Exterior Features

  • View: Bluff, City Lights, Coastline, Harbor, Marina, Ocean, Panoramic, Water
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Lot Features: Back Yard, Garden, Gentle Sloping, Lot 10000-19999 Sqft, Patio Home
  • Lot Size Sq Ft: 12600.00
  • Lot Size Acres: 0.2890

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12600.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 41
  • Tax Tract Number: 1219

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2019
Sold by
Fink Erica C
Bought by
Fink Jerome A
Current Estimated Value
$8,406,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,047,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 6, 2013
Closed on
Dec 11, 2013
Sold by
Yim B Casey
Bought by
Fink Jerome A
Seller's Agent
Steven Benken
Trans United Real Estate
Buyer's Agent
Steven Benken
Trans United Real Estate
List Price
$2,535,000
Sold Price
$2,375,000
Premium/Discount to List
-$160,000
-6.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.12%
Original Mortgage
$1,781,250
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 6, 2013
Closed on
Dec 10, 2013
Sold by
Fink Erica C
Bought by
Fink Jerome A
Seller's Agent
Steven Benken
Trans United Real Estate
Buyer's Agent
Steven Benken
Trans United Real Estate
List Price
$2,535,000
Sold Price
$2,375,000
Premium/Discount to List
-$160,000
-6.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,781,250
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 16, 1997
Sold by
American General Finance Inc
Bought by
Yim B Casey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
9.87%

Purchase Details

Closed on
Sep 10, 1996
Sold by
Pessler Richard L
Bought by
American General Finance Inc

Purchase Details

Closed on
Dec 17, 1993
Sold by
Pessler Richard L
Bought by
Pessler Richard L and Richard L Pessler Jr Revocable Intervivo

Purchase Details

Closed on
May 3, 1993
Sold by
Taylor Deborah Reid
Bought by
Pessler Richard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
7.16%
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
Fink Jerome A -- Commonwealth Land Title Co
Fink Jerome A -- Ticor Title Company Of Ca
Fink Jerome A -- Ticor Title Company
Yim B Casey $715,000 American Title Co
American General Finance Inc $675,000 --
Pessler Richard L -- Old Republic Title
Pessler Richard L $750,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fink Jerome A $3,047,000
Closed Fink Jerome A $3,047,000
Closed Fink Jerome A $3,047,000
Closed Fink Jerome A $3,000,000
Closed Fink Jerome A $1,781,250
Previous Owner Yim B Casey $1,200,000
Previous Owner Yim B Casey $900,000
Previous Owner Yim B Casey $100,000
Previous Owner Yim B Casey $675,000
Previous Owner Yim B Casey $500,000
Previous Owner Pessler Richard L $525,000
Closed Yim B Casey $143,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2013 12/16/13 Sold $2,375,000 -6.3% $812 / Sq Ft
12/06/2013 12/06/13 For Sale $2,535,000 0.0% $867 / Sq Ft
11/09/2013 11/09/13 For Sale $2,535,000 0.0% $867 / Sq Ft
10/10/2013 10/10/13 Pending -- -- --
08/19/2013 08/19/13 For Sale $2,535,000 0.0% $867 / Sq Ft
08/01/2013 08/01/13 For Sale $2,535,000 0.0% $867 / Sq Ft
07/17/2013 07/17/13 For Sale $2,535,000 0.0% $867 / Sq Ft
06/28/2013 06/28/13 For Sale $2,535,000 0.0% $867 / Sq Ft
06/10/2013 06/10/13 Pending -- -- --
04/30/2013 04/30/13 Price Changed $2,535,000 -1.6% $867 / Sq Ft
02/16/2013 02/16/13 Price Changed $2,575,000 +8.4% $881 / Sq Ft
02/11/2013 02/11/13 For Sale $2,375,000 -- $812 / 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
2025 $80,049 $7,728,886 $2,744,092 $4,984,794
2024 $80,049 $7,577,340 $2,690,287 $4,887,053
2023 $78,182 $7,428,765 $2,637,536 $4,791,229
2022 $76,896 $7,283,103 $2,585,819 $4,697,284
2021 $75,416 $7,140,298 $2,535,117 $4,605,181
2020 $74,692 $7,067,084 $2,509,123 $4,557,961
2019 $73,127 $6,928,514 $2,459,924 $4,468,590
2018 $71,662 $6,792,661 $2,411,690 $4,380,971
2017 $70,405 $6,659,472 $2,364,402 $4,295,070
2016 $35,516 $3,350,801 $2,318,042 $1,032,759
2015 $25,915 $2,422,452 $2,283,223 $139,229
2014 $25,304 $2,375,000 $2,238,498 $136,502
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Steven Benken

    Trans United Real Estate

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG13021733

California Regional Multiple Listing Service (CRMLS)

APN: 049-222-18

California Orange County Newport Beach 92663 Cliff Haven

1511 Kings Rd, Newport Beach, CA

This home is located at 1511 Kings Rd, Newport Beach, CA 92663 since 06 December 2013 and is currently estimated at $8,406,006, approximately $2,874 per square foot. This property was built in 1950. 1511 Kings Rd is a home located in Orange County with nearby schools including Newport Heights Elementary, Horace Ensign Intermediate School, and Newport Harbor High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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