$1,961,000 - $3,142,000
RENTED DEC 7, 2024
2 Beds
1 Bath
1,500 Sq Ft
$1,598 Price per Sq Ft

Last Sold June 25, 2014

Last sale price $825,000 $550 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $13,647/month

Highlights

  • Updated Kitchen
  • Maid or Guest Quarters
  • Main Floor Bedroom
  • Mariners Elementary School Rated A
  • Wood Flooring
  • Great Room

About This Home

As of December 2024

Huge Prime lot in Newport's own Equestrian area - Bayview Heights. Completely REMODELED!!!!! Property located at end of Cypress Street. A few blocks from Upper Newport Bay Nature Preserve, the place for bird watching, hiking, biking and kayaking. You will lease main home ONLY (two homes on the same lot) features 1 master suite and 1 bedroom, gorgeous kitchen opens to living room with a beautiful stone-faced fireplace. It offers brand new restaurant-style full kitchens with oversized stainless steel refrigerator and other appliances. Modern cabinetry, recess-lights, customized paint. Wall-to-wall sliding doors to access backyard adorned with fruit trees and low maintenance landscape. Deluxe water proof flooring throughout. Strong and efficient AC unit. Truly a unique and rare opportunity to live so close to water. Mariner's school district. (BOTH MAIN HOME AND ADU share driveway, laundry facility and backyard)

Last Agent to Rent the Property

Steven Yu

Top Ten Real Estate Inc Brokerage Phone: 714-390-3773 License #00892580 Listed on: 12/02/2024

Last Renter's Agent

Steven Yu

Top Ten Real Estate Inc Brokerage Phone: 714-390-3773 License #00892580 Listed on: 12/02/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,891

Year Built

  • Built in 1952

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot
  • Front Yard
  • Density is 2-5 Units/Acre

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Great Room
  • Living Room with Fireplace
  • Utility Room
  • Wood Flooring
  • Updated Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom
  • Maid or Guest Quarters
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Sewer Paid

Community Details

  • No Home Owners Association
  • Upper Newport Bay Subdivision

Listing and Financial Details

  • Security Deposit $4,000
  • Available 12/2/24
  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 43937203

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,891

Year Built

Built in 1952

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2024-12-02
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 300
  • Deposit Pets: 700
  • Deposit Security: 4000
  • Furnished: Unfurnished
  • Pets Allowed: Call

Listing Details

  • Structure Type: House
  • Inclusions: refrigerator, washer and dryer
  • Property Attached: No
  • Subdivision Name Other: Upper Newport Bay (UBNB)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 43937203
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1500.00 Square Feet
  • Interior Amenities: Beamed Ceilings
  • Stories: 1
  • Entry Location: Ground Level No Steps
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2.20
  • Room Type: All Bedrooms Down, Great Room, Guest/Maid's Quarters, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Utility Room
  • Bathroom Features: Remodeled
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Spa: No
  • Construction Materials: Block

Garage/Parking

  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre, Front Yard, Lot 10000-19999 Sqft, Level
  • Lot Size Sq Ft: 10018.80
  • Lot Size Acres: 0.2300

Multi Family

  • Insurance Water Furniture: Yes
  • Lot Size Area: 0.2300 Acres
  • Number Of Units In Community: 2
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2016
Closed on
Mar 20, 2016
Sold by
Lu Biao and Shen June
Bought by
Lu & Shen Trust
Seller's Agent
Steven Yu
Top Ten Real Estate Inc
Buyer's Agent
Steven Yu
Top Ten Real Estate Inc
Sold Price
$3,100
Current Estimated Value
$2,396,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,393,379

Purchase Details

Listed on
May 1, 2014
Closed on
May 27, 2014
Sold by
Persson Jonas
Bought by
Lu Biao and Shen June
Seller's Agent
Jeff Stokes
Berkshire Hathaway HomeService
Buyer's Agent
Tom Williams
Coldwell Banker Realty
List Price
$995,000
Sold Price
$825,000
Premium/Discount to List
-$170,000
-17.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%

Purchase Details

Closed on
Apr 17, 2009
Sold by
Persson Family Trust
Bought by
Persson Jonas

Purchase Details

Closed on
Aug 31, 2007
Sold by
Persson Alfred H
Bought by
Persson Family Trust and Persson Alfred
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
Lu & Shen Trust -- None Available
Lu Biao $825,000 Equity Title
Persson Jonas -- None Available
Persson Family Trust -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2024 12/07/24 Rented $3,300 0.0% --
12/05/2024 12/05/24 Under Contract -- -- --
12/04/2024 12/04/24 Off Market $3,300 -- --
12/03/2024 12/03/24 Price Changed $3,300 0.0% $2 / Sq Ft
12/03/2024 12/03/24 For Rent $3,300 +10.0% --
12/02/2024 12/02/24 Off Market $3,000 -- --
12/02/2024 12/02/24 For Rent $3,000 +1.7% --
03/07/2023 03/07/23 Rented $2,950 -34.4% --
03/06/2023 03/06/23 Under Contract -- -- --
02/23/2023 02/23/23 For Rent $4,500 -6.3% --
02/20/2023 02/20/23 Rented $4,800 -3.0% --
09/27/2022 09/27/22 Price Changed $4,950 -2.9% $2 / Sq Ft
09/13/2022 09/13/22 For Rent $5,100 +64.5% --
04/04/2016 04/04/16 Rented $3,100 0.0% --
03/02/2016 03/02/16 For Rent $3,100 +6.9% --
02/27/2015 02/27/15 Rented $2,900 -12.1% --
01/28/2015 01/28/15 Under Contract -- -- --
01/12/2015 01/12/15 For Rent $3,300 0.0% --
06/25/2014 06/25/14 Sold $825,000 -5.1% $445 / Sq Ft
05/20/2014 05/20/14 Pending -- -- --
05/15/2014 05/15/14 Price Changed $869,000 -2.9% $468 / Sq Ft
05/06/2014 05/06/14 Price Changed $895,000 -10.1% $482 / Sq Ft
05/01/2014 05/01/14 For Sale $995,000 -- $536 / 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 $11,891 $1,056,969 $948,341 $108,628
2024 $11,891 $1,036,245 $929,746 $106,499
2023 $11,579 $1,015,927 $911,516 $104,411
2022 $11,048 $966,715 $893,643 $73,072
2021 $10,680 $934,317 $876,121 $58,196
2020 $10,428 $924,737 $867,137 $57,600
2019 $10,207 $906,605 $850,134 $56,471
2018 $10,003 $888,829 $833,465 $55,364
2017 $9,832 $871,401 $817,122 $54,279
2016 $9,619 $854,315 $801,100 $53,215
2015 $9,528 $841,483 $789,067 $52,416
2014 $1,179 $62,049 $23,931 $38,118
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24242718

California Regional Multiple Listing Service (CRMLS)

APN: 439-372-03