NOT LISTED FOR SALE

Estimated Value: $4,011,000 - $4,433,000

4 Beds
2.5 Baths
2,700 Sq Ft
$1,540/Sq Ft Est. Value

Last Sold June 20, 2016

Last sale price $2,250,000 $833 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $24,701/month

178 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Community Pool
  • Abraham Lincoln Elementary School Rated A
  • All Bedrooms Downstairs
  • Cul-De-Sac

About This Home

As of June 2016

HUGE PRICE REDUCTION! Rare opportunity to own a single story 4 bedroom, 2.5 bath Sea View home with panoramic ocean views and beautiful upgrades. This home has been beautifully remodeled and the views are panoramic from Catalina to the mountains, including Fashion Island, broad city lights and even the Hollywood sign on a clear day and the right lenses! Located in the beautiful gated community of Sea View in Newport Beach which offers amenities such as pool, spa and tennis courts with 24 hour guard. Exceptionally well located near freeways, beaches, world famous shopping and restaurants.

Last Agent to Sell the Property

Sydney Gielow

Coldwell Banker Realty License #00911960 Listed on: 02/21/2016

Coldwell Banker Realty

Last Buyer's Agent

Carol Allison

Surterre Properties Inc. License #00821729

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,170

Year Built

  • Built in 1976

Lot Details

  • 7,500 Sq Ft Lot
  • Cul-De-Sac
  • Sprinkler System

HOA Fees

  • $380 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Catalina
  • Panoramic
  • City Lights

Interior Spaces

  • 2,700 Sq Ft Home
  • Family Room with Fireplace
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • Primary Bedroom Suite

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 32
  • Tax Tract Number 9261
  • Assessor Parcel Number 45858133

Community Details

Overview

  • Seaview Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,170

Year Built

Built in 1976

Lot Details

0

HOA Fees

$380 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Seaview (SEAV)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45858133
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2700.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Price Per Square Foot: 833.33
  • Room Type: All Bedrooms Down, Master Suite, Separate Family Room

Exterior Features

  • View: Catalina, City Lights, Ocean, Panoramic
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Sprinklers: Yes
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 380.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Sprinkler System
  • Lot Size Sq Ft: 7500.00
  • Price Per Lot Square Foot: 300.00
  • Lot Size Acres: 0.1720

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7500.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Lot: 32
  • Tax Tract Number: 9261

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2016
Closed on
Jun 3, 2016
Sold by
Ahranjani Matthew
Bought by
Neet Roger
Seller's Agent
Sydney Gielow
Coldwell Banker Realty
Buyer's Agent
Carol Allison
Surterre Properties Inc.
List Price
$2,250,000
Sold Price
$2,250,000
Current Estimated Value
$4,158,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,908,053
Avg. Annual Appreciation
6.78%
Original Mortgage
$1,462,500
Outstanding Balance
$1,141,891
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,016,162

Purchase Details

Closed on
Feb 4, 2015
Sold by
Ahranjani Matthew
Bought by
Matthew Ahranjani Revocable Trust

Purchase Details

Closed on
Oct 27, 2014
Sold by
Lehman John P and Lehman Ann B
Bought by
Ahranjani Matthew

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
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 2, 1997
Sold by
Merritt Margaret A Trust
Bought by
Lehman John P and Lehman Ann B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
7%
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
Neet Roger $2,250,000 Equity Title Orange County
Matthew Ahranjani Revocable Trust -- Accommodation
Ahranjani Matthew $1,930,000 None Available
Lehman John P $660,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neet Roger $1,462,500
Previous Owner Ahranjani Matthew $1,000,000
Previous Owner Lehman John P $528,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2016 06/20/16 Sold $2,250,000 0.0% $833 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
04/05/2016 04/05/16 Price Changed $2,249,900 0.0% $833 / Sq Ft
02/21/2016 02/21/16 For Sale $2,250,000 0.0% $833 / Sq Ft
02/05/2016 02/05/16 Off Market $2,250,000 -- --
02/05/2016 02/05/16 For Sale $2,250,000 0.0% $833 / Sq Ft
01/05/2016 01/05/16 Off Market $2,250,000 -- --
12/18/2015 12/18/15 Price Changed $2,250,000 -4.3% $833 / Sq Ft
10/30/2015 10/30/15 For Sale $2,350,000 -- $870 / 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 $30,170 $2,886,561 $2,429,524 $457,037
2024 $30,170 $2,829,962 $2,381,886 $448,076
2023 $29,465 $2,774,473 $2,335,182 $439,291
2022 $28,977 $2,720,072 $2,289,394 $430,678
2021 $28,422 $2,666,738 $2,244,504 $422,234
2020 $28,149 $2,639,394 $2,221,489 $417,905
2019 $27,565 $2,587,642 $2,177,931 $409,711
2018 $27,015 $2,536,904 $2,135,226 $401,678
2017 $23,966 $2,243,020 $2,093,359 $149,661
2016 $20,944 $1,969,410 $1,764,999 $204,411
2015 $20,716 $1,930,000 $1,738,487 $191,513
2014 $9,299 $859,692 $668,771 $190,921
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG15236822

California Regional Multiple Listing Service (CRMLS)

APN: 458-581-33