$4,130,000 - $5,653,000
RENTED JAN 28, 2025
4 Beds
3.5 Baths
2,347 Sq Ft
$2,045 Price per Sq Ft

Highlights

  • Ocean View
  • Heated Pool
  • Hiking Trails
  • Newport Heights Elementary Rated A
  • No HOA
  • 1-minute walk to Kings Road Park

About This Home

As of January 2025

PRIME Coveted Ocean Side of Kings Road a rare found, FRONT, SIDE and REAR View of the Ocean, turn a round and surrounding Catalina Island, View the Christmas Parade from your deck. This Exceptional home location offers panoramic Views of City lights, the Turnaround, Hoag Hospital, Newport Harbor, Catalina Island while maintaining ultimate back yard privacy. A rare opportunity to lease this home with unobstructed 350 degree plus Views. Amazing views from first & second stories. This home lot is approximately 1/2 story higher then the home next door Ocean side. Large jelly bean shaped pool with views of the turn-a-round, Catalina Island. Gourmet kitchen , Commercial Range , Commercial Hood, Vegetable sink, separate Ice maker, Commercial refrigerator. Granite counters and trash compactor. Existing home offers Venetian Plastered walls, inside laundry room and 3 bedrooms and 2.5 baths up, downstairs offers Large Bonus or 2nd Master Suite & bath plus independent separate office with a fabulous view down. Short term or long term rental available.

Last Agent to Rent the Property

Richard Rule

Sail Properties, Inc. Brokerage Email: richardrulejr@gmail.com License #01889650 Listed on: 11/24/2024

Last Renter's Agent

Adam Ataya

The Oppenheim Group License #02239825

The Oppenheim Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,973

Year Built

  • Built in 1955

Lot Details

  • 8,580 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Marina
  • Coastline
  • Bay
  • Catalina
  • Panoramic
  • Bridge
  • City Lights
  • Neighborhood

Home Design

  • Split Level Home
  • Entry on the 1st floor

Interior Spaces

  • 2,347 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Pool

  • Heated Pool

Listing and Financial Details

  • Security Deposit $12,000
  • Rent includes gardener, pool
  • 12-Month Minimum Lease Term
  • Available 1/1/25
  • Tax Lot 4
  • Tax Tract Number 1221
  • Assessor Parcel Number 04922204

Community Details

Overview

  • No Home Owners Association
  • Kings Road Subdivision

Recreation

  • Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,973

Year Built

Built in 1955

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2025-01-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 12000
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: No
  • Subdivision Name Other: Kings Road (KGRD)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 04922204
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2347.00 Square Feet
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room, In Kitchen, In Living Room
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Multi/Split
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 4.26
  • Room Type: Family Room, Kitchen, Living Room

Exterior Features

  • View: Bay, Bridge(s), Catalina, City Lights, Coastline, Marina, Neighborhood, Ocean, Panoramic, Water
  • Pool Features: Private, Heated
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Hiking, Park, Watersports

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8580.00
  • Lot Size Acres: 0.1970

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months, Month To Month, Negotiable
  • Lot Size Area: 8580.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Gardener, Pool

Tax Info

  • Tax Census Tract: 634.00
  • Tax Lot: 4
  • Tax Tract Number: 1221

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2022
Sold by
Kings Rd Llc
Bought by
Rule Richard R and Rule Cynthia
Current Estimated Value
$4,800,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,950,000
Outstanding Balance
$1,837,199
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$2,832,877

Purchase Details

Closed on
Mar 18, 2019
Sold by
Rule Richard R and Rule Cynthia
Bought by
Kings Rd Llc

Purchase Details

Closed on
Dec 10, 2003
Sold by
Rule Richard
Bought by
Rule Richard R and Rule Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.76%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 4, 1999
Sold by
Rule Cynthia
Bought by
Rule Richard R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.96%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 8, 1999
Sold by
Edeltraut Kemp
Bought by
Rule Richard R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.96%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 4, 1994
Sold by
Trevor Jamie
Bought by
Kemp Karl and Kemp Edeltraut

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
8.57%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rule Richard R -- First American Title
Kings Rd Llc -- None Available
Rule Richard R -- Orange Coast Title
Rule Richard R -- Commonwealth Land Title
Rule Richard R $897,500 Commonwealth Land Title
Kemp Karl $725,000 United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rule Richard R $1,950,000
Previous Owner Kings Rd Llc $530,250
Previous Owner Rule Richard R $275,000
Previous Owner Rule Richard R $80,000
Previous Owner Rule Richard R $1,375,000
Previous Owner Rule Richard R $250,000
Previous Owner Rule Richard R $700,000
Previous Owner Rule Richard R $100,000
Previous Owner Rule Richard R $650,000
Previous Owner Kemp Edeltraut $35,000
Previous Owner Kemp Edeltraut $610,000
Previous Owner Kemp Karl $580,000
Closed Kemp Karl $21,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2025 01/28/25 Rented $10,000 -9.0% --
12/03/2024 12/03/24 Price Changed $10,995 -8.3% $5 / Sq Ft
11/24/2024 11/24/24 For Rent $11,995 +33.3% --
03/09/2023 03/09/23 Rented $9,000 0.0% --
02/14/2023 02/14/23 Price Changed $8,999 -10.0% $3 / Sq Ft
12/17/2022 12/17/22 Price Changed $9,999 -16.7% $3 / Sq Ft
12/02/2022 12/02/22 For Rent $12,000 +20.0% --
12/13/2018 12/13/18 Rented $10,000 +16.3% --
12/03/2018 12/03/18 For Rent $8,600 +7.5% --
08/03/2015 08/03/15 Rented $8,000 0.0% --
08/03/2015 08/03/15 For Rent $8,000 -- --
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 $14,973 $1,413,378 $1,233,592 $179,786
2024 $14,973 $1,385,665 $1,209,404 $176,261
2023 $14,621 $1,358,496 $1,185,691 $172,805
2022 $14,377 $1,331,859 $1,162,442 $169,417
2021 $14,102 $1,305,745 $1,139,649 $166,096
2020 $13,902 $1,286,187 $1,127,964 $158,223
2019 $13,617 $1,260,968 $1,105,847 $155,121
2018 $13,347 $1,236,244 $1,084,164 $152,080
2017 $13,112 $1,212,004 $1,062,905 $149,099
2016 $12,819 $1,188,240 $1,042,064 $146,176
2015 $12,697 $1,170,392 $1,026,411 $143,981
2014 $12,398 $1,147,466 $1,006,305 $141,161
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24239814

California Regional Multiple Listing Service (CRMLS)

APN: 049-222-04