Seller's Agent in 2018
John Cain
Pacific Sothebys
(714) 655-8940
54 in this area
219 Total Sales
16 Midsummer Newport Beach, CA 92657
Crystal Cove NeighborhoodEstimated Value: $6,488,000 - $18,501,380
0.39
Acre
$29,946,381
Price per Acre
16,923
Sq Ft Lot
About This Lot
As of May 2018Presenting 16 Midsummer, one of the last remaining opportunities to own a custom home sites in Crystal Cove. Situated behind the exclusive second set of gates, on one of the most coveted streets in the community, this idyllic 16,923 +/- foot lot offers expansive views spanning the Pacific Ocean, Catalina Island, harbor landscape, and Palos Verdes. Fully approved plans are available for review. Residents of Crystal Cove enjoy world-class amenities, including 24/7 guard-gated & patrolled security, tennis, swim, & fitness facilities, numerous parks, access to pristine hiking trails, & close proximity to the Crystal Cove Promenade & Crystal Cove State Beach.
Last Agent to Sell the Property
Pacific Sotheby's Int'l Realty License #01467294 Listed on: 04/26/2018
Property Details
Property Type
- Land
Lot Details
- 0.39 Acre Lot
- Property fronts a private road
- Property is zoned R1
HOA Fees
- $1,015 Monthly HOA Fees
Property Views
- Ocean
- Coastline
- Catalina
- Panoramic
- City Lights
Location
- Suburban Location
Community Details
- Crystal Cove Association, Phone Number (949) 376-4551
Listing and Financial Details
- Tax Lot 28
- Tax Tract Number 16457
- Assessor Parcel Number 48918143
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 26, 2018
Closed on
May 24, 2018
Sold by
Jmj Properties Llc
Bought by
16 Midsummer Llc
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
Jacqueline Thompson
Coldwell Banker Realty
List Price
$6,850,000
Sold Price
$6,050,000
Premium/Discount to List
-$800,000
-11.68%
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
$5,584,127
Avg. Annual Appreciation
9.00%
Purchase Details
Listed on
Jan 6, 2017
Closed on
Mar 13, 2017
Sold by
Liu Jin and Wang Jing
Bought by
Jmj Properties Llc
Seller's Agent
Rob Smith
Compass
Buyer's Agent
Rob Smith
Compass
List Price
$5,800,000
Sold Price
$5,050,000
Premium/Discount to List
-$750,000
-12.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.43%
Purchase Details
Listed on
Jan 6, 2017
Closed on
Jan 20, 2017
Sold by
Schaffer Gary L
Bought by
Liu Jing and Wang Jing
Seller's Agent
Rob Smith
Compass
Buyer's Agent
Rob Smith
Compass
List Price
$5,800,000
Sold Price
$5,050,000
Premium/Discount to List
-$750,000
-12.93%
Purchase Details
Listed on
Oct 15, 2013
Closed on
Jun 20, 2014
Sold by
Irvine Community Development Company Llc
Bought by
Schaffer Gary L
Seller's Agent
Maureen White
Compass
Buyer's Agent
Ira Schaffer
Ira Schaffer, Broker
List Price
$4,400,000
Sold Price
$4,400,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%
Purchase Details
Listed on
Oct 15, 2013
Closed on
May 23, 2014
Sold by
Schaffer Valerie Nicaud
Bought by
Schaffer Gary L
Seller's Agent
Maureen White
Compass
Buyer's Agent
Ira Schaffer
Ira Schaffer, Broker
List Price
$4,400,000
Sold Price
$4,400,000
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 |
|---|---|---|---|
| 16 Midsummer Llc | $6,050,000 | Lawyers Title | |
| Jmj Properties Llc | -- | None Available | |
| Liu Jing | $5,050,000 | First American Title Company | |
| Schaffer Gary L | $4,400,000 | First American Title Company | |
| Schaffer Gary L | -- | First American Title Company |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/30/2018 05/30/18 | Sold | $6,050,000 | -5.4% | -- | |
| 05/15/2018 05/15/18 | Price Changed | $6,398,000 | -6.6% | -- | |
| 04/26/2018 04/26/18 | For Sale | $6,850,000 | +35.6% | -- | |
| 01/27/2017 01/27/17 | Sold | $5,050,000 | -12.9% | -- | View Prior Sale |
| 01/17/2017 01/17/17 | Pending | -- | -- | -- | |
| 01/06/2017 01/06/17 | For Sale | $5,800,000 | +31.8% | -- | |
| 06/27/2014 06/27/14 | Sold | $4,400,000 | 0.0% | -- | View Prior Sale |
| 05/06/2014 05/06/14 | Pending | -- | -- | -- | |
| 10/15/2013 10/15/13 | For Sale | $4,400,000 | -- | -- |
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 | $113,624 | $11,252,561 | $7,255,289 | $3,997,272 |
| 2024 | $113,624 | $10,206,475 | $7,113,029 | $3,093,446 |
| 2023 | $98,521 | $8,799,924 | $6,973,558 | $1,826,366 |
| 2022 | $90,546 | $8,054,398 | $6,836,822 | $1,217,576 |
| 2021 | $72,681 | $6,359,630 | $6,359,630 | $0 |
| 2020 | $72,115 | $6,294,420 | $6,294,420 | $0 |
| 2019 | $71,003 | $6,171,000 | $6,171,000 | $0 |
| 2018 | $59,932 | $5,151,000 | $5,151,000 | $0 |
| 2017 | $55,670 | $4,647,479 | $4,647,479 | $0 |
| 2016 | $54,614 | $4,556,352 | $4,556,352 | $0 |
| 2015 | $53,689 | $4,487,912 | $4,487,912 | $0 |
| 2014 | $6,408 | $131,221 | $131,221 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
John Cain
-
Jacqueline Thompson
Buyer's Agent in 2018
Jacqueline Thompson
Coldwell Banker Realty
(949) 326-3392
3 in this area
111 Total Sales
-
Rob Smith
Seller's Agent in 2017
Rob Smith
Compass
(949) 697-8855
3 in this area
27 Total Sales
-
M
Seller's Agent in 2014
Maureen White
Compass
-
I
Buyer's Agent in 2014
Ira Schaffer
Ira Schaffer, Broker
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC18097231
APN: 489-181-43
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