$2,250,000
SOLD OCT 19, 2018
3 Beds
4 Baths
3,040 Sq Ft
8,400 Sq Ft Lot

Recently Sold

$740 Per Sq Ft

7% Below List Price

90 Days on Market

Highlights

  • Back Bay Views
  • Primary Bedroom Suite
  • Open Floorplan
  • Mariners Elementary School Rated A
  • Updated Kitchen
  • Fireplace in Primary Bedroom

About This Home

As of October 2018

Located on the charming tree-lined and family-friendly street of Leeward Lane, this highly desirable home is ONE OF ONLY SEVERAL homes on Leeward Ln., to boast Breathtaking Back Bay Views! This pleasant 3 bedroom, 4 bath house has an elegant floor plan with lots of potential! It features a formal entry with a sweeping staircase, formal dining room, utility/laundry room that can be a great mudroom for the family as well! Natural light pours into the Gourmet kitchen which has granite counter-tops, a hospitable nook area, and sliding doors with easy access to the back yard. Walk out of the family room to the spacious backyard that overlooks the Back Bay and is complete with elegant landscaping and a patio area perfect for entertaining. The large downstairs bedroom boasts beautiful Bay Views as well, and can even double as a Second Master, an office or a second family room. Upstairs includes a spacious master suite with Sweeping Views of the Back Bay, walk-in closet, marble counter-tops, wood burning fireplace and a cozy deck. Interiors have had recent upgrades, which include brand new flooring and carpets throughout, which makes this house a move-in ready gem.

Last Agent to Sell the Property

Anthony Yaghjian

Palladian Properties Inc. License #01905229 Listed on: 05/16/2018

Co-Listed By

Paul Turpanjian

Palladian Properties Inc. License #01857493

Last Buyer's Agent

Matt Kanoudi

The L3 License #01419924

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,394

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • 8,400 Sq Ft Lot
  • Landscaped
  • Back and Front Yard

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway

Property Views

  • Back Bay
  • Woods
  • Mountain
  • Neighborhood

Interior Spaces

  • 3,040 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Formal Entry
  • Separate Family Room
  • Living Room with Fireplace
  • Stone Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Double Oven
  • Built-In Range
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Remodeled Bathroom
  • 4 Full Bathrooms
  • Quartz Bathroom Countertops
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Gazebo

Schools

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

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3801
  • Tax Tract Number 11
  • Assessor Parcel Number 11760219

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,394

Year Built

Built in 1972 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Baycrest North (BCNO)
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 11760219
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3040.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Granite Counters, Open Floorplan, Pantry
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Nook
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 740.13
  • Room Type: Family Room, Formal Entry, Main Floor Master Bedroom, Master Bathroom, Master Suite, Separate Family Room, Two Masters
  • Bathroom Features: Double Sinks In Master Bath, Quartz Counters, Remodeled, Stone Counters, Upgraded
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Other Structures: Gazebo
  • View: Back Bay, Mountain(s), Neighborhood, Trees/Woods
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Double Oven, Electric Range, Freezer, Disposal, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped
  • Lot Size: 8400
  • Lot Size Sq Ft: 8400.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 630.09
  • Tax Lot: 3801
  • Tax Tract Number: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2018
Closed on
Aug 20, 2018
Sold by
Simonian Armond and Simonian Annette
Bought by
Schechtel Burke A and Schechtel Elaine A
Seller's Agent
Anthony Yaghjian
Palladian Properties Inc.
Buyer's Agent
Matt Kanoudi
The L3
List Price
$2,425,000
Sold Price
$2,250,000
Premium/Discount to List
-$175,000
-7.22%
Current Estimated Value
$4,714,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,464,664
Avg. Annual Appreciation
10.51%
Original Mortgage
$1,575,000
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 3, 2017
Sold by
Simonian Armond and Simonian Annette
Bought by
Simonian Armond and Simonian Annette

Purchase Details

Listed on
Mar 24, 2015
Closed on
Jun 11, 2015
Sold by
Karcher Dana Alexander
Bought by
Simonian Armond and Simonian Annette
Seller's Agent
Jim Kline
Surterre Properties Inc.
Buyer's Agent
Anthony Yaghjian
Palladian Properties Inc.
List Price
$1,975,000
Sold Price
$1,825,000
Premium/Discount to List
-$150,000
-7.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.25%
Original Mortgage
$273,000
Interest Rate
3.98%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 11, 1995
Sold by
Levecke Reed J
Bought by
Karcher Dorothy Louise and Donald F & Dorothy Louise Karcher Trust
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,250,000 Chicago Title Co
Interfamily Deed Transfer -- None Available
Grant Deed $1,825,000 Ticor Title Tustin Orange Co
Grant Deed $545,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $931,250 New Conventional
Previous Owner $1,575,000 Adjustable Rate Mortgage/ARM
Previous Owner $273,000 Future Advance Clause Open End Mortgage
Previous Owner $900,000 New Conventional
Previous Owner $500,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2018 10/19/18 Sold $2,250,000 -2.0% $740 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
07/18/2018 07/18/18 Price Changed $2,295,000 -5.4% $755 / Sq Ft
05/16/2018 05/16/18 For Sale $2,425,000 +32.9% $798 / Sq Ft
07/20/2015 07/20/15 Sold $1,825,000 -2.7% $600 / Sq Ft
06/08/2015 06/08/15 Pending -- -- --
05/05/2015 05/05/15 Price Changed $1,875,000 -5.1% $616 / Sq Ft
03/24/2015 03/24/15 For Sale $1,975,000 -- $649 / 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 $32,394 $3,041,252 $2,071,581 $969,671
2023 $26,805 $2,520,743 $2,030,962 $489,781
2022 $24,917 $2,333,987 $1,991,140 $342,847
2021 $24,761 $2,318,776 $1,952,099 $366,677
2020 $24,523 $2,295,000 $1,932,082 $362,918
2019 $24,015 $2,250,000 $1,894,198 $355,802
2018 $20,235 $1,898,730 $1,547,465 $351,265
2017 $19,876 $1,861,500 $1,517,122 $344,378
2016 $19,428 $1,825,000 $1,487,374 $337,626
2015 $8,419 $765,126 $463,626 $301,500
2014 $8,147 $750,139 $454,544 $295,595
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV18114567

California Regional Multiple Listing Service (CRMLS)

APN: 117-602-19