NOT LISTED FOR SALE

Estimated Value: $2,163,000 - $2,586,000

2 Beds
1 Bath
1,562 Sq Ft
$1,558/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $1,540,000 $986 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $15,159/month

11 Days on Market

About This Home

As of August 2018

This incredible 19,800 square foot lot is zoned equestrian and can accommodate up to 6 horses. Take your horses on a trail next to your house overlooking Upper Newport Back Bay, one of the most picturesque areas in Newport Beach. The main house has 2 bedrooms, 1 bathroom plus a family room addition. Go outside into the backyard, you will find a large exterior garage that was built in 2012 with 1,200 square feet that can be converted to stables or a barn. If you are a car collector and you have been dreaming about a space to store your cars, this large garage is a car collectors dream. The possibilities for this property are endless!

Last Agent to Sell the Property

Jen Norminton

Compass License #01362925 Listed on: 07/21/2018

Compass

Last Buyer's Agent

Wayne Smith

Corona Del Mar Properties Inc License #00922140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2021
Sold by
Swartzbaugh Jim E and The Swartzbaugh Family Trust
Bought by
Swartzbaugh Jim E and Swartzbaugh Madonna
Total Days on Market
11
Current Estimated Value
$2,434,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,205,096
Outstanding Balance
$1,088,340
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$1,280,225

Purchase Details

Listed on
Jul 21, 2018
Closed on
Sep 13, 2018
Sold by
Packard Hallie
Bought by
Packard Bradley Scott and Packard Hallie A
Seller's Agent
Jen Norminton
Compass
Buyer's Agent
Wayne Smith
Corona Del Mar Properties Inc
List Price
$1,540,000
Sold Price
$1,540,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.56%
Original Mortgage
$1,232,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 21, 2018
Closed on
Aug 17, 2018
Sold by
Packard Bradley
Bought by
Packard Hallie
Seller's Agent
Jen Norminton
Compass
Buyer's Agent
Wayne Smith
Corona Del Mar Properties Inc
List Price
$1,540,000
Sold Price
$1,540,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,232,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 21, 2018
Closed on
Jul 23, 2018
Sold by
Jones Jay G
Bought by
Swartzbaugh Jim E and Swartzbaugh Family Trust
Seller's Agent
Jen Norminton
Compass
Buyer's Agent
Wayne Smith
Corona Del Mar Properties Inc
List Price
$1,540,000
Sold Price
$1,540,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,232,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2016
Sold by
The Joseph G Jones & Rita J Jones Family
Bought by
Jones Jay G

Purchase Details

Closed on
Mar 2, 2001
Sold by
Jones Joseph George and Jones Rita J
Bought by
Jones Joseph G and Jones Rita J
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
Swartzbaugh Jim E -- First American Title
Packard Bradley Scott -- None Available
Packard Hallie -- North American Title Co
Swartzbaugh Jim E $1,540,000 North American Title Co
Jones Jay G -- None Available
Jones Joseph G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swartzbaugh Jim E $1,205,096
Closed Swartzbaugh Jim E $1,232,000
Previous Owner Jones Jay G $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold $1,540,000 0.0% $986 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
07/21/2018 07/21/18 For Sale $1,540,000 -- $986 / 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 $18,561 $1,684,213 $1,546,441 $137,772
2023 $18,096 $1,651,190 $1,516,119 $135,071
2022 $17,767 $1,618,814 $1,486,391 $132,423
2021 $17,411 $1,587,073 $1,457,246 $129,827
2020 $17,230 $1,570,800 $1,442,304 $128,496
2019 $16,866 $1,540,000 $1,414,023 $125,977
2018 $2,007 $134,924 $43,155 $91,769
2017 $1,977 $132,279 $42,309 $89,970
2016 $2,013 $129,686 $41,480 $88,206
2015 $1,919 $127,738 $40,856 $86,882
2014 $1,879 $125,236 $40,055 $85,181
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18207936

California Regional Multiple Listing Service (CRMLS)

APN: 439-371-07