$1,950,000
SOLD NOV 29, 2016
4 Beds
3.5 Baths
2,974 Sq Ft
10,800 Sq Ft Lot

Recently Sold

$656 Per Sq Ft

11% Below List Price

57 Days on Market

Highlights

  • Back Bay Views
  • Primary Bedroom Suite
  • Open Floorplan
  • Mariners Elementary School Rated A
  • Custom Home
  • Maid or Guest Quarters

About This Home

As of May 2019

SINGLE STORY, BACK BAY VIEW BEACH HOME! Located in highly desirable DOVER SHORES neighborhood situated in the award-winning Mariners School District. Dover Shores is one of the most unique and sought after communities in Newport Beach. The tranquil community enjoys three private beaches which provide summer lifeguards and swimming activities. Beach availability for private parties through a reservation system, and storage facilities and boat launching for small sailing vessels. Enjoy resort style living while Kayaking, paddle boarding, and sailing on beautiful Back Bay. As well as, Upper Newport Bay view walking & biking trails, and two city owned and maintained mini-parks.
This custom beach house features 4 bedrooms, 3.5 baths, approx. 3,000 sq.ft. of living space on a 10,800 sq.ft. lot. The open floor plan with many windows highlight the gorgeous Back Bay, Bluffs, Mountain, Fashion Island, and City Lights Views. This custom beach property also provides a low maintenance yard, two cozy fireplaces, guest/maids quarters, and detached three car garage with roll top garage doors.
Dover Shores residents have North Star beach and exclusive access to Larry's beach. Dover Shores is conveniently located near Fashion Island, Newport Center, Mariner's Library and the Newport Beach Aquatics Center.

Last Agent to Sell the Property

Douglas Dunlap

Surterre Properties Inc License #00482174 Listed on: 09/18/2016

Surterre Properties Inc

Last Buyer's Agent

Vince Nguyen

License #01962858

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,636

Year Built

  • Built in 1965

HOA Fees

  • $85 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Parking Available
  • Garage Door Opener
  • Driveway

Property Views

  • Back Bay
  • City Lights
  • Bluff
  • Mountain

Home Design

  • Custom Home

Interior Spaces

  • 2,974 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Bar
  • Bay Window
  • Double Door Entry
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Carpet
  • Home Security System
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters

Outdoor Features

  • Open Patio
  • Exterior Lighting
  • Wrap Around Porch

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Additional Features

  • Customized Wheelchair Accessible
  • 10,800 Sq Ft Lot

Listing and Financial Details

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

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

  • Property Attached: No
  • Security: Security System
  • Subdivision Name Other: Dover Shores (DSAM)
  • View: Yes
  • Architectural Style: Custom Built
  • 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
  • Interior Amenities: Bar, Open Floorplan
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Accessibility Features: Customized Wheelchair Accessible
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Double Door Entry, Sliding Doors
  • Eating Area: Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 655.68
  • Room Type: All Bedrooms Down, Family Room, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Suite, Walk-In Closet
  • Window Features: Bay Window(s)

Exterior Features

  • Patio: Yes
  • View: Back Bay, Bluff, City Lights, Mountain(s)
  • Patio And Porch Features: Patio, Patio Open, Wrap Around
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Door Opener
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 85.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10800.00

Multi Family

  • Lease Considered: No

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
57
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,200,000 North American Title Company
Grant Deed $1,950,000 Lawyers Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Orange Coast Title Company
Interfamily Deed Transfer -- Orange Coast Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,700,000 Purchase Money Mortgage
Previous Owner $92,000 New Conventional
Previous Owner $60,100 Credit Line Revolving
Previous Owner $165,000 Unknown
Previous Owner $169,000 Unknown
Previous Owner $170,000 Unknown
Previous Owner $176,500 No Value Available
Previous Owner $180,000 Unknown
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: OC16705107

California Regional Multiple Listing Service (CRMLS)

APN: 117-662-02