NOT LISTED FOR SALE

Estimated Value: $5,953,000 - $6,471,746

5 Beds
6 Baths
4,383 Sq Ft
$1,443/Sq Ft Est. Value

About This Home

This home is located at 1948 Port Nelson Place, Newport Beach, CA 92660 and is currently estimated at $6,326,187, approximately $1,443 per square foot. 1948 Port Nelson Place is a home located in Orange County with nearby schools including Roy O. Andersen Elementary School, Corona del Mar Middle and High School, and Newport Christian School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2021
Sold by
Hines Marc S and Port Nelson Trust
Bought by
Rakunas Ronald J and Rakunas Monica A
Current Estimated Value
$6,326,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,150,000
Outstanding Balance
$2,857,919
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$3,468,268

Purchase Details

Closed on
Apr 5, 2013
Sold by
Jones Robert S and Jones Michelle D
Bought by
Hines Marc S and Port Nelson Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,580,000
Interest Rate
2.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 29, 1998
Sold by
Robert Jones
Bought by
Jones Robert S and Jones Michelle D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.87%

Purchase Details

Closed on
Jan 19, 1998
Sold by
Michelle Jones
Bought by
Jones Robert S

Purchase Details

Closed on
Aug 10, 1995
Sold by
Mahoney James J and Mahoney Jeanette
Bought by
Jones Robert S and Jones Michelle D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,500
Interest Rate
7.63%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Rakunas Ronald J -- Fidelity Natl Ttl Orange Cnt
Hines Marc S $1,975,000 Ticor Title Tustin Orange Co
Jones Robert S -- United Title Company
Jones Robert S -- Old Republic Title Company
Jones Robert S $485,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rakunas Ronald J $3,150,000
Previous Owner Hines Marc S $1,580,000
Previous Owner Jones Robert S $600,000
Previous Owner Jones Robert S $436,500
Source: Public Records

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 $35,428 $3,396,207 $2,135,662 $1,260,545
2024 $35,428 $3,329,615 $2,093,786 $1,235,829
2023 $34,600 $3,264,329 $2,052,731 $1,211,598
2022 $34,029 $3,200,323 $2,012,481 $1,187,842
2021 $33,376 $3,137,572 $1,973,021 $1,164,551
2020 $23,774 $2,223,817 $1,952,791 $271,026
2019 $23,281 $2,180,213 $1,914,501 $265,712
2018 $22,817 $2,137,464 $1,876,962 $260,502
2017 $22,414 $2,095,553 $1,840,158 $255,395
2016 $21,910 $2,054,464 $1,804,076 $250,388
2015 $21,704 $2,023,605 $1,776,978 $246,627
2014 $21,193 $1,983,966 $1,742,170 $241,796
Source: Public Records

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