1607 Cornwall Ln Newport Beach, CA 92660
Mariners NeighborhoodEstimated Value: $2,898,000 - $4,075,000
4
Beds
3.5
Baths
3,025
Sq Ft
$1,169/Sq Ft
Est. Value
Highlights
- Primary Bedroom Suite
- Custom Home
- Open Floorplan
- Mariners Elementary School Rated A
- Updated Kitchen
- Property is near a park
About This Home
As of October 2020Beautifully updated single level home with a distinct open floor plan and genuine craftsmanship throughout. Enter through the custom copper framed glass doors to 16' ceilings featuring an over-sized skylight! Four bedrooms (2 master bedrooms), 3 baths and powder room, custom hardscape with water features. Over 3,000' rebuilt in 2004 and remodeled 2014, this dream home will impress clients looking for detail and quality finishes. Stained lyptus wood is featured throughout, including cabinetry, interior solid wood doors, and ceiling beams. The kitchen features a 15 foot peninsula with new quartz stone, skylight, Wolfe stove top, built-in stainless steel subzero refrigerator and wine refrigerator. Stunning custom stone fireplaces located in the living room and family room. Separate master bedroom wing with soaring ceilings and spa styled bathroom, skylight, walk-in closet and beamed ceiling. The secondary master or guest en-suite features a walk-in closet and custom stone/glass shower with double vanities and skylight. Two more expansive bedrooms connect to an upgraded Jack and Jill bath. Two tank-less water heaters, finished tiled garage flooring w custom built in storage, finished wood plank eaves w/recessed lighting, smooth plaster finished exterior walls. Located in one of the most sought out and respected neighborhoods in Newport Beach. Home to award winning schools and world class beaches. Walk to shopping, popular restaurants, back bay beach, Mariners Park and schools.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $23,099
Year Built
- Built in 1974 | Remodeled
Lot Details
- 7,480 Sq Ft Lot
- Masonry wall
- Stone Wall
- Wood Fence
- Fence is in excellent condition
- Landscaped
- Rectangular Lot
- Sprinklers Throughout Yard
- Private Yard
- Lawn
- Garden
- Back and Front Yard
- Density is up to 1 Unit/Acre
- Value in Land
Parking
- 2 Car Direct Access Garage
- Parking Available
- Rear-Facing Garage
- Single Garage Door
- Garage Door Opener
- Level Lot
- No Driveway
- Off-Street Parking
Home Design
- Custom Home
- Craftsman Architecture
- Additions or Alterations
- Slab Foundation
- Fire Rated Drywall
- Interior Block Wall
- Shingle Roof
- Fire Retardant Roof
- Composition Roof
- Stone Siding
- Concrete Perimeter Foundation
- Copper Plumbing
- Plaster
Interior Spaces
- 3,025 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Built-In Features
- Dry Bar
- Beamed Ceilings
- Cathedral Ceiling
- Skylights
- Recessed Lighting
- Track Lighting
- Gas Fireplace
- Double Pane Windows
- Awning
- Tinted Windows
- Custom Window Coverings
- Wood Frame Window
- Window Screens
- Double Door Entry
- Panel Doors
- Family Room with Fireplace
- Great Room
- Family Room Off Kitchen
- Living Room with Fireplace
- Formal Dining Room
- Home Office
- Storage
- Utility Room
- Stone Flooring
- Attic
Kitchen
- Updated Kitchen
- Open to Family Room
- Breakfast Bar
- Self-Cleaning Convection Oven
- Gas Cooktop
- Microwave
- Freezer
- Ice Maker
- Water Line To Refrigerator
- Dishwasher
- Kitchen Island
- Granite Countertops
- Quartz Countertops
- Disposal
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Primary Bedroom Suite
- Double Master Bedroom
- Walk-In Closet
- Upgraded Bathroom
- Jack-and-Jill Bathroom
- In-Law or Guest Suite
- Stone Bathroom Countertops
- Dual Sinks
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Bathtub with Shower
- Walk-in Shower
- Exhaust Fan In Bathroom
- Linen Closet In Bathroom
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Accessible Home Design
- Doors are 32 inches wide or more
- More Than Two Accessible Exits
Outdoor Features
- Patio
- Exterior Lighting
- Rain Gutters
- Front Porch
Location
- Property is near a park
- Suburban Location
Schools
- Newport Harbor High School
Utilities
- Cooling System Powered By Gas
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Underground Utilities
- Natural Gas Connected
- Tankless Water Heater
- Water Purifier
- Satellite Dish
- Cable TV Available
Listing and Financial Details
- Tax Lot 20
- Tax Tract Number 3607
- Assessor Parcel Number 42508126
Community Details
Recreation
- Park
- Hiking Trails
- Bike Trail
Additional Features
- No Home Owners Association
- Service Entrance
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 15, 2021
Sold by
Tran Hai and Le Tran Candice
Bought by
Tran Hai and Le Tran Candice
Total Days on Market
106
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,600
Outstanding Balance
$491,276
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$3,043,817
Purchase Details
Closed on
Jan 14, 2021
Sold by
Tran Hai and Tran Le T
Bought by
Tran Hai and Le Tran Candice
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,600
Outstanding Balance
$491,276
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$3,043,817
Purchase Details
Listed on
May 6, 2020
Closed on
Oct 2, 2020
Sold by
Le Tran Candice Trang and Tran Hai M
Bought by
Tran Hai and Le Tran Candice
Seller's Agent
Mary George
Compass
Buyer's Agent
Sean Stanfield
Pacific Sotheby's Int'l Realty
List Price
$2,390,000
Sold Price
$2,040,000
Premium/Discount to List
-$350,000
-14.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.52%
Original Mortgage
$1,632,000
Outstanding Balance
$1,478,785
Interest Rate
3.49%
Mortgage Type
New Conventional
Estimated Equity
$2,056,308
Purchase Details
Listed on
May 6, 2020
Closed on
Aug 26, 2020
Sold by
Salyer Timothy John and Salyer Kimberly Allman
Bought by
Le Tran Candice Trang and Tran Hai M
Seller's Agent
Mary George
Compass
Buyer's Agent
Sean Stanfield
Pacific Sotheby's Int'l Realty
List Price
$2,390,000
Sold Price
$2,040,000
Premium/Discount to List
-$350,000
-14.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,632,000
Outstanding Balance
$1,478,785
Interest Rate
3.49%
Mortgage Type
New Conventional
Estimated Equity
$2,056,308
Purchase Details
Closed on
Oct 1, 2019
Sold by
Salyer Timothy John and Salyer Kimberly Allman
Bought by
Allman Salyer Timothy John and Allman Salyer Kimberly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 1, 2018
Sold by
Salyer Timothy J and Salyer Kimberly A
Bought by
Allman Salyer Timothy John and Allman Salyer Kimberly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$679,650
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 17, 2015
Closed on
Feb 9, 2015
Sold by
Cal Max Properties Lp
Bought by
Salyer Timothy J and Salyer Kimberly A
Seller's Agent
JJ Maxwell
Keller Williams OC Coastal Realty
Buyer's Agent
Mary George
Compass
List Price
$1,699,000
Sold Price
$1,630,000
Premium/Discount to List
-$69,000
-4.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%
Original Mortgage
$1,130,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Jan 2, 2014
Closed on
Feb 3, 2014
Sold by
Bank Of America Na
Bought by
Cal Max Properties Lp
Seller's Agent
Duncan Forgey
Berkshire Hathaway Homeservice
Buyer's Agent
JJ Maxwell
Keller Williams OC Coastal Realty
List Price
$1,470,000
Sold Price
$1,402,000
Premium/Discount to List
-$68,000
-4.63%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.59%
Original Mortgage
$500,000
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 6, 2011
Sold by
Kavoussi Maggie
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing Lp
Purchase Details
Closed on
Jan 26, 2011
Sold by
Kavoussi Maggie
Bought by
Abolzadeh Maryam
Purchase Details
Closed on
Feb 2, 2008
Sold by
Kavoussi Manigeh Maggie
Bought by
Blanco Paul
Purchase Details
Closed on
Mar 22, 2005
Sold by
Kennison Larry W
Bought by
Kavoussi Maggie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 30, 2002
Sold by
Carmichael Elaine Elizabeth
Bought by
Kennison Larry W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6.52%
Mortgage Type
Stand Alone First
Similar Homes in the area
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 |
|---|---|---|---|
| Tran Hai | -- | North American Title Co | |
| Tran Hai | -- | North American Title Company | |
| Tran Hai | -- | Accommodation | |
| Le Tran Candice Trang | $2,040,000 | Lawyers Title Company | |
| Allman Salyer Timothy John | -- | Accommodation | |
| Allman Salyer Timothy John | -- | Wfg National Title Co Of Ca | |
| Allman Salyer Timothy John | -- | None Available | |
| Salyer Timothy J | $1,630,000 | Fidelity National Title | |
| Cal Max Properties Lp | $1,402,000 | Landsafe Title | |
| Bac Home Loans Servicing Lp | $1,263,510 | Landsafe Title | |
| Abolzadeh Maryam | -- | None Available | |
| Blanco Paul | -- | None Available | |
| Kavoussi Maggie | $1,800,000 | Diversified Title & Escrow S | |
| Kennison Larry W | $675,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tran Hai | $544,600 | |
| Open | Le Tran Candice Trang | $1,632,000 | |
| Previous Owner | Allman Salyer Timothy John | $675,000 | |
| Previous Owner | Salyer Timothy J | $679,650 | |
| Previous Owner | Salyer Timothy J | $1,130,000 | |
| Previous Owner | Cal Max Properties Lp | $500,000 | |
| Previous Owner | Kavoussi Maggie | $56,000 | |
| Previous Owner | Kavoussi Maggie | $145,000 | |
| Previous Owner | Kavoussi Maggie | $68,000 | |
| Previous Owner | Kavoussi Maggie | $1,000,000 | |
| Previous Owner | Kennison Larry W | $250,000 | |
| Previous Owner | Kennison Larry W | $552,000 | |
| Previous Owner | Kennison Larry W | $540,000 | |
| Closed | Kavoussi Maggie | $440,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/05/2020 10/05/20 | Sold | $2,040,000 | -2.6% | $674 / Sq Ft |
| 08/20/2020 08/20/20 | Pending | -- | -- | -- |
| 08/16/2020 08/16/20 | Price Changed | $2,095,000 | -4.3% | $693 / Sq Ft |
| 06/12/2020 06/12/20 | Price Changed | $2,190,000 | -8.4% | $724 / Sq Ft |
| 05/06/2020 05/06/20 | For Sale | $2,390,000 | +46.6% | $790 / Sq Ft |
| 02/26/2015 02/26/15 | Sold | $1,630,000 | -1.2% | $539 / Sq Ft |
| 12/29/2014 12/29/14 | Pending | -- | -- | -- |
| 12/05/2014 12/05/14 | Price Changed | $1,649,000 | -2.9% | $545 / Sq Ft |
| 11/26/2014 11/26/14 | For Sale | $1,699,000 | 0.0% | $562 / Sq Ft |
| 10/06/2014 10/06/14 | Pending | -- | -- | -- |
| 07/24/2014 07/24/14 | For Sale | $1,699,000 | +4.2% | $562 / Sq Ft |
| 07/14/2014 07/14/14 | Off Market | $1,630,000 | -- | -- |
| 07/10/2014 07/10/14 | Price Changed | $1,699,000 | -2.3% | $562 / Sq Ft |
| 07/02/2014 07/02/14 | Price Changed | $1,739,000 | -3.3% | $575 / Sq Ft |
| 05/02/2014 05/02/14 | For Sale | $1,799,000 | +28.3% | $595 / Sq Ft |
| 02/13/2014 02/13/14 | Sold | $1,402,000 | -4.6% | $463 / Sq Ft |
| 01/10/2014 01/10/14 | Pending | -- | -- | -- |
| 01/02/2014 01/02/14 | For Sale | $1,470,000 | -- | $486 / 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 |
|---|---|---|---|---|
| 2024 | $23,099 | $2,164,864 | $1,767,767 | $397,097 |
| 2023 | $22,556 | $2,122,416 | $1,733,105 | $389,311 |
| 2022 | $22,180 | $2,080,800 | $1,699,122 | $381,678 |
| 2021 | $21,828 | $2,040,000 | $1,665,805 | $374,195 |
| 2020 | $19,220 | $1,791,269 | $1,403,908 | $387,361 |
| 2019 | $18,823 | $1,756,147 | $1,376,381 | $379,766 |
| 2018 | $18,448 | $1,721,713 | $1,349,393 | $372,320 |
| 2017 | $18,123 | $1,687,954 | $1,322,934 | $365,020 |
| 2016 | $17,716 | $1,654,857 | $1,296,994 | $357,863 |
| 2015 | $15,438 | $1,430,011 | $1,070,481 | $359,530 |
| 2014 | $16,816 | $1,567,685 | $1,212,796 | $354,889 |
Source: Public Records
Agents Affiliated with this Home
-
Mary George
Seller's Agent in 2020
Mary George
Compass
(949) 689-5154
1 in this area
18 Total Sales
-
Robyn Robinson
Seller Co-Listing Agent in 2020
Robyn Robinson
Compass
(949) 295-5676
1 in this area
148 Total Sales
-
Sean Stanfield
Buyer's Agent in 2020
Sean Stanfield
Pacific Sotheby's Int'l Realty
(949) 244-9057
3 in this area
614 Total Sales
-
Cheyenne Alred
C
Buyer Co-Listing Agent in 2020
Cheyenne Alred
Pacific Sotheby's Int'l Realty
(714) 889-0009
1 in this area
52 Total Sales
-
J
Seller's Agent in 2015
JJ Maxwell
Keller Williams OC Coastal Realty
3 Total Sales
-
D
Seller's Agent in 2014
Duncan Forgey
Berkshire Hathaway Homeservice
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC20080645
APN: 425-081-26
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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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