NOT LISTED FOR SALE

Estimated Value: $6,712,000 - $7,820,000

5 Beds
6 Baths
5,428 Sq Ft
$1,356/Sq Ft Est. Value

Last Sold July 15, 2019

Last sale price $4,160,000 $766 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $42,865/month

309 Days on Market

Highlights

  • Ocean View
  • Home Theater
  • Ocean Side of Freeway
  • Newport Heights Elementary Rated A
  • Primary Bedroom Suite
  • 1-minute walk to Kings Road Park

About This Home

As of July 2019

Representing the idyllic California-casual lifestyle with zero-transition indoor-outdoor spaces, a timeless aesthetic, and incredible ocean, Catalina, harbor, and sunsets views from one of Newport Beach’s most sought-after streets is 2000 Kings Road. Meticulously designed, the property ensures that no need goes unmet with five bedrooms, a secondary living/ bonus room that can be converted to a sixth bedroom, six full bathrooms, and bright open living spaces that flow seamlessly for ease of entertaining. An expert selection of finishes can be observed and appreciated in gorgeous wide-planked wood flooring, custom built-ins, and neutral brick accents. The chef’s kitchen allows you to host in grand style with a 48” double-oven Wolf range, hexagon tile back splash, designer lighting, prep sink, wine refrigerator, separate wine room, and center island that flows to the great room and backyard patio. A striking staircase in the sun-soaked two-story foyer leads to the upper level where a media space and four of five bedrooms await, including the master suite where one can enjoy dramatic views from bed, a private deck, or the master bath featuring dual sinks, jetted tub, and vanity area. Additional highlights of the home include an ocean view rooftop deck, Sonos audio system, security system, central vacuum, and a location near award-winning schools, beaches, shopping and dining.

Last Agent to Sell the Property

Tim Smith

Coldwell Banker Realty License #01346878 Listed on: 08/01/2018

Coldwell Banker Realty

Last Buyer's Agent

Jen McKeen

BHHS CA Properties License #01359719

BHHS CA Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,326

Year Built

  • Built in 2015

Lot Details

  • 7,280 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Private Yard
  • Lawn

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors

Property Views

  • Ocean
  • Harbor
  • Catalina
  • City Lights

Home Design

  • Turnkey

Interior Spaces

  • 5,428 Sq Ft Home
  • Open Floorplan
  • Central Vacuum
  • Wired For Sound
  • Built-In Features
  • Beamed Ceilings
  • High Ceiling
  • Recessed Lighting
  • French Doors
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Bonus Room
  • Storage

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 6 Full Bathrooms
  • Makeup or Vanity Space
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Ocean Side of Freeway
  • Balcony
  • Patio

Location

  • Suburban Location

Schools

  • Newport Heights Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 1221
  • Assessor Parcel Number 04922132

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,326

Year Built

Built in 2015

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Other Phone Description: Smith Group
  • Other Phone Number: 949-478-2295
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Subdivision Name Other: Kings Road (KGRD)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04922132
  • Year Built: 2015
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5428.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Built-in Features, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Storage, Vacuum Central, Wired for Sound
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Total Bedrooms: 5
  • Door Features: French Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 766.40
  • Room Type: Bonus Room, Entry, Family Room, Foyer, Great Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Suite, Media Room, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Linen Closet/Storage, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Utility Sink

Exterior Features

  • Patio: Yes
  • View: Catalina, City Lights, Harbor, Ocean, Water
  • Patio And Porch Features: Patio
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Double Oven, Freezer, Disposal, Ice Maker, Microwave, Range Hood, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport Heights
  • Middle School: Ensign
  • High School: Newport Harbor
  • Elementary School: Newport Heights
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWHEI
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Landscaped, Lawn, Lot 6500-9999, Yard
  • Lot Size Sq Ft: 7280.00
  • Lot Size Acres: 0.1671

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7280.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Census Tract: 634.00
  • Tax Lot: 18
  • Tax Tract Number: 1221

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2018
Closed on
Jul 9, 2019
Sold by
Bayer Robert C and Bayer Mary G
Bought by
Kappler Jeffrey and Kappler Hagan
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Jen McKeen
BHHS CA Properties
List Price
$4,995,000
Sold Price
$4,160,000
Premium/Discount to List
-$835,000
-16.72%
Current Estimated Value
$7,362,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,202,775
Avg. Annual Appreciation
9.55%
Original Mortgage
$3,000,000
Outstanding Balance
$2,528,527
Interest Rate
2.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,834,248

Purchase Details

Listed on
Oct 15, 2015
Closed on
Jan 20, 2016
Sold by
Seafoam Development Llc
Bought by
Bayer Robert C and Bayer Mary G
Seller's Agent
Brian Liberto
The Agency
Buyer's Agent
Gina Watson
Coldwell Banker Tri-Counties R
List Price
$4,699,000
Sold Price
$4,199,000
Premium/Discount to List
-$500,000
-10.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.27%
Original Mortgage
$2,600,000
Interest Rate
2.9%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 10, 2013
Sold by
Parke Daniel W
Bought by
Seafoam Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,386,305
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2013
Sold by
Parke Michelle Ann
Bought by
Parke Daniel W

Purchase Details

Closed on
Jun 18, 2013
Sold by
Robison Rick D
Bought by
Parke Daniel W
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
Kappler Jeffrey $4,160,000 Ticor Title Company Of Ca
Bayer Robert C $4,199,000 Chicago Title Company
Seafoam Development Llc $1,375,000 Chicago Title Company
Parke Daniel W -- Title 365 Company
Parke Daniel W $895,000 Title 365 Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kappler Jeffrey $3,000,000
Previous Owner Bayer Robert C $2,600,000
Previous Owner Seafoam Development Llc $1,386,305
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2019 07/15/19 Sold $4,160,000 -0.8% $766 / Sq Ft
06/06/2019 06/06/19 Pending -- -- --
04/02/2019 04/02/19 Price Changed $4,195,000 -4.6% $773 / Sq Ft
01/15/2019 01/15/19 Price Changed $4,395,000 +10.0% $810 / Sq Ft
12/18/2018 12/18/18 Price Changed $3,995,000 -11.2% $736 / Sq Ft
10/09/2018 10/09/18 Price Changed $4,499,000 -9.9% $829 / Sq Ft
08/01/2018 08/01/18 For Sale $4,995,000 +19.0% $920 / Sq Ft
01/22/2016 01/22/16 Sold $4,199,000 -10.4% $781 / Sq Ft View Prior Sale
01/08/2016 01/08/16 Pending -- -- --
12/09/2015 12/09/15 Price Changed $4,688,000 0.0% $872 / Sq Ft
12/01/2015 12/01/15 Price Changed $4,689,000 0.0% $872 / Sq Ft
11/20/2015 11/20/15 Price Changed $4,690,000 -0.1% $872 / Sq Ft
11/09/2015 11/09/15 Price Changed $4,695,000 +900.0% $873 / Sq Ft
11/09/2015 11/09/15 Price Changed $469,500 -90.0% $87 / Sq Ft
11/03/2015 11/03/15 Price Changed $4,696,000 0.0% $873 / Sq Ft
11/01/2015 11/01/15 Price Changed $4,698,000 0.0% $874 / Sq Ft
10/15/2015 10/15/15 For Sale $4,699,000 +11.9% $874 / Sq Ft
10/14/2015 10/14/15 Off Market $4,199,000 -- --
09/09/2015 09/09/15 Price Changed $4,699,000 -5.8% $874 / Sq Ft
08/26/2015 08/26/15 Price Changed $4,990,000 -0.1% $928 / Sq Ft
08/16/2015 08/16/15 Price Changed $4,995,000 +0.9% $929 / Sq Ft
08/13/2015 08/13/15 Price Changed $4,950,000 -0.8% $921 / Sq Ft
08/03/2015 08/03/15 Price Changed $4,990,000 -0.2% $928 / Sq Ft
07/09/2015 07/09/15 Price Changed $4,999,999 +0.2% $930 / Sq Ft
07/06/2015 07/06/15 For Sale $4,990,000 0.0% $928 / Sq Ft
07/06/2015 07/06/15 Price Changed $4,990,000 +18.8% $928 / Sq Ft
07/03/2015 07/03/15 Off Market $4,199,000 -- --
05/20/2015 05/20/15 For Sale $5,299,000 +26.2% $985 / Sq Ft
05/19/2015 05/19/15 Off Market $4,199,000 -- --
05/19/2015 05/19/15 For Sale $5,299,000 -- $985 / 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 $47,326 $4,549,566 $2,891,054 $1,658,512
2024 $47,326 $4,460,359 $2,834,366 $1,625,993
2023 $46,221 $4,372,901 $2,778,790 $1,594,111
2022 $45,459 $4,287,158 $2,724,304 $1,562,854
2021 $44,586 $4,203,097 $2,670,887 $1,532,210
2020 $44,159 $4,160,000 $2,643,500 $1,516,500
2019 $47,134 $4,456,011 $2,980,329 $1,475,682
2018 $46,190 $4,368,639 $2,921,891 $1,446,748
2017 $45,370 $4,282,980 $2,864,599 $1,418,381
2016 $28,767 $2,707,755 $1,309,628 $1,398,127
2015 $21,873 $2,039,572 $1,289,957 $749,615
2014 $14,790 $1,375,000 $1,264,689 $110,311
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18183692

California Regional Multiple Listing Service (CRMLS)

APN: 049-221-32