NOT LISTED FOR SALE

Estimated Value: $3,000,000 - $3,786,000

2 Beds
2 Baths
1,314 Sq Ft
$2,616/Sq Ft Est. Value

Last Sold April 09, 2018

Last sale price $1,678,900 $1,278 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $21,844/month

5 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • No HOA
  • Newport Heights Elementary Rated A
  • Across the Road from Lake or Ocean
  • Beamed Ceilings

About This Home

As of April 2018

Situated on the hill side in the highly sought-after Newport Heights community, with robust views of the Peninsula, Newport Harbor, Catalina Island, and Newport Coast right from the comfort of your living room. This quaint Cottage style home offers an exquisite location, and tons of potential. Live in it as it sits, remodel to your taste, or build the home of your dreams. World class amenities are at your door step, walking distance to beaches, fine dining, shopping, and Newport Harbor. Immense possibilities await. This property won’t last! Seller does have plans for a remodel.

Last Agent to Sell the Property

Sean Flynn

Berkshire Hathaway HomeService License #01858451 Listed on: 03/21/2018

Berkshire Hathaway HomeService

Last Buyer's Agent

Kelly Ellis

Abrams Coastal Properties License #02054061

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,360

Year Built

  • Built in 1949

Lot Details

  • 3,870 Sq Ft Lot
  • Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors

Property Views

  • Ocean
  • Coastline
  • Bay
  • Harbor
  • Catalina

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,314 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Wood Frame Window
  • Living Room with Fireplace
  • Laminate Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Location

  • Across the Road from Lake or Ocean
  • Suburban Location

Schools

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 53
  • Tax Tract Number 444
  • Assessor Parcel Number 42538316

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,360

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Newport Heights (NEWH)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42538316
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1314.00 Square Feet
  • Interior Amenities: Beamed Ceilings
  • Stories: 1
  • Entry Location: Front and Alley
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1277.70
  • Room Type: Laundry, Master Suite
  • Window Features: Wood Frames

Exterior Features

  • View: Bay, Catalina, Coastline, Harbor, Ocean, Water
  • Pool Private: No
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

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: Front Yard
  • Lot Size Sq Ft: 3870.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Across the Road from Lake/Ocean

Tax Info

  • Tax Census Tract: 634.00
  • Tax Lot: 53
  • Tax Tract Number: 444

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2018
Closed on
Mar 29, 2018
Sold by
Manoochehri Pej
Bought by
Soderstrom Charles W and Kimberly A Soderstrom Irrevocable Trust
Seller's Agent
Sean Flynn
Berkshire Hathaway HomeService
Buyer's Agent
Kelly Ellis
Abrams Coastal Properties
List Price
$1,678,900
Sold Price
$1,678,900
Current Estimated Value
$3,437,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,758,737
Avg. Annual Appreciation
10.18%

Purchase Details

Listed on
Dec 8, 2013
Closed on
Dec 27, 2013
Sold by
Orcutt Dennis A
Bought by
Manoochehri Pej
Seller's Agent
Susan Burns
Coldwell Banker Realty
Buyer's Agent
Azar Manoochehri
Berkshire Hathaway HomeService
List Price
$1,325,000
Sold Price
$1,285,000
Premium/Discount to List
-$40,000
-3.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%
Original Mortgage
$1,028,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2004
Sold by
Orcutt Elva M
Bought by
Orcutt Dennis A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Soderstrom Charles W $1,679,000 Ticor Title Co
Manoochehri Pej $1,285,000 Lsi Title Company
Orcutt Dennis A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Darrin $185,000
Previous Owner Manoochehri Pej $983,000
Previous Owner Manoochehri Pej $1,002,000
Previous Owner Manoochehri Pej $1,009,900
Previous Owner Manoochehri Pej $1,028,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2018 04/09/18 Sold $1,678,900 0.0% $1,278 / Sq Ft
03/26/2018 03/26/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $1,678,900 +30.7% $1,278 / Sq Ft
12/31/2013 12/31/13 Sold $1,285,000 0.0% $977 / Sq Ft
12/15/2013 12/15/13 Pending -- -- --
12/12/2013 12/12/13 Off Market $1,285,000 -- --
12/08/2013 12/08/13 For Sale $1,325,000 +3.1% $1,008 / Sq Ft
11/24/2013 11/24/13 Off Market $1,285,000 -- --
10/30/2013 10/30/13 For Sale $1,325,000 0.0% $1,008 / Sq Ft
10/22/2013 10/22/13 For Sale $1,325,000 +3.1% $1,008 / Sq Ft
09/15/2013 09/15/13 Off Market $1,285,000 -- --
08/27/2013 08/27/13 Pending -- -- --
07/26/2013 07/26/13 Price Changed $1,325,000 -2.5% $1,008 / Sq Ft
06/06/2013 06/06/13 Price Changed $1,359,000 -2.9% $1,033 / Sq Ft
04/11/2013 04/11/13 For Sale $1,399,000 -- $1,064 / 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 $37,360 $3,069,180 $3,001,316 $67,864
2024 $37,360 $3,009,000 $2,942,466 $66,534
2023 $24,579 $1,836,121 $1,773,163 $62,958
2022 $19,228 $1,800,119 $1,738,395 $61,724
2021 $18,859 $1,764,823 $1,704,309 $60,514
2020 $18,677 $1,746,727 $1,686,833 $59,894
2019 $18,290 $1,712,478 $1,653,758 $58,720
2018 $14,830 $1,384,419 $1,327,229 $57,190
2017 $14,567 $1,357,274 $1,301,205 $56,069
2016 $14,240 $1,330,661 $1,275,691 $54,970
2015 $14,104 $1,310,674 $1,256,529 $54,145
2014 $13,771 $1,285,000 $1,231,915 $53,085
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18065179

California Regional Multiple Listing Service (CRMLS)

APN: 425-383-16