NOT LISTED FOR SALE

Estimated Value: $3,374,000 - $4,438,946

4 Beds
3.5 Baths
2,974 Sq Ft
$1,382/Sq Ft Est. Value

Last Sold May 10, 2019

Last sale price $2,200,000 $740 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $24,041/month

Highlights

  • Heated In Ground Pool
  • Sauna
  • Primary Bedroom Suite
  • Mariners Elementary School Rated A
  • Back Bay Views
  • Main Floor Primary Bedroom

About This Home

As of May 2019

READY TO BUILD! Rare opportunity to build your luxury dream home with gorgeous views of the Back Bay and city lights on a 10,000+ square foot lot. Including the existing home, this property comes with fully approved plans for a 5,339 sq ft home with a pool and jacuzzi, two master suites, three guest bedrooms, five total bathrooms, and a great room spread across two stories. Soaring ten foot ceilings make this already huge home feel even more spacious and luxurious. Minutes away from Fashion Island, University of Irvine, and Balboa Island, the property is quietly nestled in the desirable and affluent neighborhood of Dover Shores within the award-winning Mariners School District.

Last Agent to Sell the Property

Vince Nguyen

Vince International Properties, Inc. License #01391593 Listed on: 05/08/2019

Last Buyer's Agent

Jen Norminton

Compass License #01362925

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,636

Year Built

  • Built in 1965

Lot Details

  • 10,800 Sq Ft Lot
  • Density is up to 1 Unit/Acre

HOA Fees

  • $85 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Back Bay
  • Panoramic
  • City Lights
  • Neighborhood

Interior Spaces

  • 2,974 Sq Ft Home
  • Fireplace
  • Living Room
  • Home Office
  • Sauna
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas And Electric Dryer Hookup

Pool

  • Heated In Ground Pool
  • Waterfall Pool Feature

Utilities

  • Two cooling system units
  • Private Water Source

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 274
  • Tax Tract Number 4224
  • Assessor Parcel Number 11766202

Community Details

Overview

  • Dover Shores Association, Phone Number (661) 295-4900
  • Pmp HOA

Amenities

  • Picnic Area

Recreation

  • Sport Court
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,636

Year Built

Built in 1965

Lot Details

0

HOA Fees

$85 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Dover Shores (DSAM)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 11766202
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2974.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 739.74
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Sauna, Two Masters, Walk-In Closet, Walk-In Pantry

Exterior Features

  • View: Back Bay, City Lights, Neighborhood, Panoramic
  • Pool Features: Private, Heated, In Ground, Waterfall
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Gas & Electric Dryer Hookup, Individual Room, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Private
  • Cooling: Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Playground, Sport Court
  • Association Fee: 85.00
  • Association Fee Frequency: Monthly
  • Association Name: Dover Shores
  • Phone: 661-295-4900
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban
  • Association Management: PMP

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10800.00
  • Lot Size Acres: 0.2479

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10800.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 274
  • Tax Tract Number: 4224

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2019
Closed on
May 8, 2019
Sold by
Gainmore Llc
Bought by
Oltmans Jessica
Seller's Agent
Vince Nguyen
Vince International Properties, Inc.
Buyer's Agent
Jen Norminton
Compass
List Price
$2,350,000
Sold Price
$2,200,000
Premium/Discount to List
-$150,000
-6.38%
Total Days on Market
0
Current Estimated Value
$4,111,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,911,487
Avg. Annual Appreciation
10.86%
Original Mortgage
$1,700,000
Outstanding Balance
$1,504,156
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,606,128

Purchase Details

Closed on
Apr 13, 2016
Sold by
Stone Paul G and Stone Daniel T
Bought by
Gainmore Llc

Purchase Details

Closed on
Jul 2, 2012
Sold by
Stone Samuel B and Stone Shirley G
Bought by
Stone Samuel B and Stone Shirley G

Purchase Details

Closed on
Mar 7, 2001
Sold by
Stone Samuel B and Stone Shirley B
Bought by
Stone Samuel B and Stone Shirley G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,500
Interest Rate
7.11%

Purchase Details

Closed on
Mar 5, 2001
Sold by
Stone Samuel B and Stone Shirley G
Bought by
Stone Samuel B and Stone Shirley G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,500
Interest Rate
7.11%

Purchase Details

Closed on
Aug 7, 1995
Sold by
Stone Samuel B and Stone Shirley G
Bought by
Stone Samuel B and Stone Shirley G
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 Buyer Sale Price Title Company
Oltmans Jessica $2,200,000 North American Title Company
Gainmore Llc $1,950,000 Lawyers Title
Stone Samuel B -- None Available
Stone Samuel B -- Orange Coast Title Company
Stone Samuel B -- Orange Coast Title Company
Stone Samuel B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oltmans Jessica $1,700,000
Previous Owner Stone $92,000
Previous Owner Samuel Samuel B $60,100
Previous Owner Stone $165,000
Previous Owner Stone Samuel B $169,000
Previous Owner Samuel Samuel B $170,000
Previous Owner Stone Samuel B $176,500
Previous Owner Samuel Samuel B $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2019 05/10/19 Sold $2,200,000 -6.4% $740 / Sq Ft
05/08/2019 05/08/19 Pending -- -- --
05/08/2019 05/08/19 For Sale $2,350,000 +20.5% $790 / Sq Ft
11/29/2016 11/29/16 Sold $1,950,000 -6.9% $656 / Sq Ft
11/13/2016 11/13/16 Pending -- -- --
10/14/2016 10/14/16 Price Changed $2,095,000 -4.6% $704 / Sq Ft
09/17/2016 09/17/16 For Sale $2,195,000 -- $738 / 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 $25,636 $2,406,018 $2,085,474 $320,544
2023 $25,034 $2,358,842 $2,044,583 $314,259
2022 $24,618 $2,312,591 $2,004,493 $308,098
2021 $24,145 $2,267,247 $1,965,190 $302,057
2020 $23,912 $2,244,000 $1,945,040 $298,960
2019 $21,689 $2,028,780 $1,758,686 $270,094
2018 $21,257 $1,989,000 $1,724,201 $264,799
2017 $20,881 $1,950,000 $1,690,393 $259,607
2016 $8,236 $758,661 $497,727 $260,934
2015 $8,156 $747,266 $490,251 $257,015
2014 $7,963 $732,629 $480,648 $251,981
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19106469

California Regional Multiple Listing Service (CRMLS)

APN: 117-662-02