NOT LISTED FOR SALE

Estimated Value: $2,450,000 - $3,079,000

3 Beds
3 Baths
2,500 Sq Ft
$1,083/Sq Ft Est. Value

Last Sold March 28, 2017

Last sale price $1,512,500 $605 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $16,714/month

194 Days on Market

Highlights

  • Parking available for a boat
  • Barn
  • Horse Property
  • Mariners Elementary School Rated A
  • Stables
  • 19,800 Sq Ft lot

About This Home

As of March 2017

This beautifully maintained ranch style home offers approximately 2,500 square feet of urban/country living with 4 bedrooms, 2 baths and an office. Located within the well-known Equestrian zoned neighborhood of Newport Beach, this horse property is over 19,000 square feet and offers a large fenced back yard and Equestrian facilities. The barn area has 4 covered stables, tack room, feed storage, office with a ¾ bath, wash rack, saddling rail and private riding arena. If you need storage for a boat or RV, there is room for that as well. Just saddle up and ride out your front driveway to the City maintained horse trails leading to the Back Bay Nature Preserve. Don’t miss this opportunity to own one of the unique properties, currently zoned for equestrian use, within the City of Newport Beach.

Last Agent to Sell the Property

Bob Coluccio

Surterre Properties Inc. License #01085115 Listed on: 09/02/2016

Surterre Properties Inc.

Last Buyer's Agent

Jason Godoy

Coldwell Banker Realty License #01734115

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,798

Year Built

  • Built in 1945 | Remodeled

Lot Details

  • 0.45 Acre Lot
  • Chain Link Fence
  • Fence is in good condition
  • Front Yard Sprinklers
  • Back Yard

Parking

  • 2 Car Garage
  • Oversized Parking
  • Circular Driveway
  • On-Street Parking
  • Parking available for a boat
  • RV Access or Parking

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Fire Rated Drywall
  • Composition Roof

Interior Spaces

  • 2,500 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Shutters
  • Wood Frame Window
  • French Doors
  • Separate Family Room
  • Living Room with Fireplace
  • Home Office
  • Home Gym
  • Laundry Room

Kitchen

  • Eat-In Country Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

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

Outdoor Features

  • Horse Property
  • Concrete Porch or Patio

Farming

  • Barn

Horse Facilities and Amenities

  • Horse Property Improved
  • Corral
  • Stables

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 156
  • Tax Tract Number 706
  • Assessor Parcel Number 43937114

Community Details

Overview

  • No Home Owners Association
  • Property is near a preserve or public land

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,798

Year Built

Built in 1945 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Security System
  • Subdivision Name Other: Back Bay Custom Homes (BBCS)
  • View: No
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 43937114
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2500.00 Square Feet
  • Interior Amenities: Recessed Lighting, Tile Counters
  • Stories: 1
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Eating Area: Area, Country Kitchen
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 605.00
  • Room Type: Family Room, Exercise Room, Living Room, Separate Family Room, Office
  • Window Features: Shutters, Wood Frames

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Barn(s)
  • Exterior Features: Corral, Stable
  • Fence: Yes
  • Fencing: Chain Link, Good Condition
  • Patio And Porch Features: Concrete, Patio Open
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Parking Features: Boat, Circular Driveway, Garage, On Site, Oversized, RV Access/Parking, Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Natural Gas Available, Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Microwave, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Horse Trails, Preserve/Public Land

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Horse Property Improved, Horse Property, Lot 10000-19999 Sqft, Sprinklers In Front, Sprinklers Timer, Sprinkler System
  • Lot Size Sq Ft: 19800.00
  • Price Per Lot Square Foot: 88.33

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 156
  • Tax Tract Number: 706

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2017
Sold by
Moore Thomas J
Bought by
Gathouse Properties Llc
Total Days on Market
194
Current Estimated Value
$2,708,712

Purchase Details

Listed on
Sep 2, 2016
Closed on
Mar 16, 2017
Sold by
Biel David and Biel Jane V
Bought by
Moore Thomas J and The Moore Seperate Property Trust
Seller's Agent
Bob Coluccio
Surterre Properties Inc.
Buyer's Agent
Jason Godoy
Coldwell Banker Realty
List Price
$1,749,000
Sold Price
$1,512,500
Premium/Discount to List
-$236,500
-13.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%

Purchase Details

Closed on
Mar 2, 2016
Sold by
Biel David and Biel Jane V
Bought by
Djb Family Trust

Purchase Details

Listed on
Mar 25, 2014
Closed on
Jul 16, 2014
Sold by
Somers Hill Sharon
Bought by
Biel David and Biel Janie
Seller's Agent
Timothy Roth
Falcon One Financial
Buyer's Agent
Bob Coluccio
Surterre Properties Inc.
List Price
$1,699,000
Sold Price
$1,450,000
Premium/Discount to List
-$249,000
-14.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%

Purchase Details

Closed on
Jul 30, 2007
Sold by
Somers Hill Sharon and Somers Sharon
Bought by
Somers Hill Sharon and The Sharon May Somers Cocks Separate Pro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.51%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 5, 2007
Sold by
Somers Sharon and Somers Cocks Sharon
Bought by
Somers Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.51%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 20, 2004
Sold by
Somers Cocks Sharon May
Bought by
Somers Cocks Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,250
Interest Rate
5.22%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 22, 2004
Sold by
Somers Cocks Sharon
Bought by
Somers Cocks Sharon May and Sharon May Somers Cocks Separate Propert

Purchase Details

Closed on
Mar 3, 2003
Sold by
Kaziikini Llc
Bought by
Somers Cocks Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
5.25%

Purchase Details

Closed on
Jul 12, 2001
Sold by
The Chicago Trust Company Of Ca
Bought by
Kaziikini Llc

Purchase Details

Closed on
Jun 23, 1998
Sold by
Oflynn John F and Oflynn Ann J
Bought by
Gelbaum David and Gelbaum Monica Chavez
Source: Public Records

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Range of Values:

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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
Gathouse Properties Llc $1,530,000 Chicago Title Co
Moore Thomas J $1,512,500 Equity Title Company
Djb Family Trust -- None Available
Biel David -- None Available
Biel David $1,450,000 Stewart Title Of Ca Inc
Somers Hill Sharon -- Stewart Title
Somers Sharon -- Stewart Title Irvine
Somers Sharon -- Stewart Title Irvine
Somers Cocks Sharon -- Stewart Title
Somers Cocks Sharon May -- --
Somers Cocks Sharon $700,000 Chicago Title Co
Kaziikini Llc -- Chicago Title Co
Gelbaum David $625,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gatehouse Properties Llc $650,000
Previous Owner Biel David $1,000,000
Previous Owner Somers Sharon $300,000
Previous Owner Somers Cocks Sharon $656,250
Previous Owner Somers Cocks Sharon May $208,000
Previous Owner Cocks Sharon Somers $465,000
Previous Owner Somers Cocks Sharon $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2017 03/28/17 Sold $1,512,500 -5.4% $605 / Sq Ft
02/17/2017 02/17/17 Price Changed $1,599,000 -3.6% $640 / Sq Ft
12/15/2016 12/15/16 Price Changed $1,659,000 -2.1% $664 / Sq Ft
09/28/2016 09/28/16 Price Changed $1,695,000 -3.1% $678 / Sq Ft
09/02/2016 09/02/16 For Sale $1,749,000 +20.6% $700 / Sq Ft
08/22/2014 08/22/14 Sold $1,450,000 -14.7% $580 / Sq Ft
03/25/2014 03/25/14 For Sale $1,699,000 -- $680 / 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 $18,798 $1,706,743 $1,649,542 $57,201
2023 $18,327 $1,673,278 $1,617,198 $56,080
2022 $17,995 $1,640,469 $1,585,488 $54,981
2021 $17,634 $1,608,303 $1,554,400 $53,903
2020 $17,451 $1,591,812 $1,538,461 $53,351
2019 $17,083 $1,560,600 $1,508,295 $52,305
2018 $16,741 $1,530,000 $1,478,720 $51,280
2017 $16,467 $1,501,554 $1,448,649 $52,905
2016 $16,030 $1,472,112 $1,420,244 $51,868
2015 $15,878 $1,450,000 $1,398,911 $51,089
2014 $9,331 $827,035 $770,953 $56,082
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16193916

California Regional Multiple Listing Service (CRMLS)

APN: 439-371-14