Seller's Agent in 2019
Sean Jarne
First Team Real Estate
(949) 929-8707
3 in this area
71 Total Sales
219 62nd St Newport Beach, CA 92663
Newport Shores NeighborhoodEstimated Value: $2,008,000 - $2,916,933
4
Beds
3
Baths
1,720
Sq Ft
$1,445/Sq Ft
Est. Value
Highlights
- Ocean View
- Boat Dock
- Ocean Side of Freeway
- Newport Elementary School Rated A
- Beach Access
- 2-minute walk to West Newport Park
About This Home
As of April 2019Just fell out of escrow, buyers couldn't get their financing! Don't miss this! Beach Close! Less than 100 yards to the beach, this 2100 sq foot property is one of the best deals in Newport. Property is currently set up as a traditional SFR but can be divided into 2 units to maximize income. The first floor is a 3 bedroom, 2 bath area with a great room open layout and a remodeled kitchen with granite countertops. The second level (potential mother in law Suite) is a 1 bedroom with a large loft and terrific Catalina and ocean views and 2 large balconies with its own private entrance and kitchen. Keep the property as a duplex or turn it back into a 5 bedroom, 5 bath house. There is a lot of space to expand the upstairs unit and add value to the property. This property does not allow short term rentals. Close to shopping, restaurants, and freeways, don't miss this opportunity!
Last Agent to Sell the Property
First Team Real Estate License #01447010 Listed on: 07/16/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,915
Year Built
- Built in 1960 | Remodeled
Lot Details
- 2,480 Sq Ft Lot
- Lot Dimensions are 80 x 31
- South Facing Home
- Stone Wall
- Stucco Fence
- Fence is in excellent condition
- Rectangular Lot
- Zero Lot Line
- Property is zoned r1
HOA Fees
- $43 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Parking Available
- Rear-Facing Garage
- Two Garage Doors
Property Views
- Ocean
- Coastline
- Catalina
- Panoramic
- City Lights
- Woods
- Park or Greenbelt
Home Design
- Craftsman Architecture
- Slab Foundation
- Interior Block Wall
- Shingle Roof
- Composition Roof
- Wood Siding
- Pre-Cast Concrete Construction
- Copper Plumbing
- Stucco
Interior Spaces
- 1,720 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Beamed Ceilings
- Awning
- Drapes & Rods
- Blinds
- Window Screens
- Sliding Doors
- Family Room with Fireplace
- Great Room
- Living Room with Attached Deck
- Combination Dining and Living Room
- Loft
- Utility Basement
Kitchen
- Eat-In Kitchen
- Gas Oven
- Gas Range
- Pots and Pans Drawers
- Utility Sink
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms | 3 Main Level Bedrooms
- 3 Full Bathrooms
- Bathtub
- Walk-in Shower
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Laundry in Garage
- Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Accessible Home Design
- Doors swing in
- Accessible Parking
Outdoor Features
- Beach Access
- Ocean Side of Freeway
- Balcony
- Patio
- Shed
- Rain Gutters
- Front Porch
Schools
- Newport Elementary School
- Ensign Middle School
- Newport Harbor High School
Utilities
- Central Heating
- 220 Volts in Garage
- 220 Volts in Kitchen
- Natural Gas Connected
- Sewer Paid
- Phone Available
- Satellite Dish
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 3 / 2
- Tax Tract Number 772
- Assessor Parcel Number 04507260
Community Details
Overview
- Newport Shores Community Association, Phone Number (949) 661-7767
Amenities
- Outdoor Cooking Area
- Community Fire Pit
- Community Barbecue Grill
- Picnic Area
- Clubhouse
- Meeting Room
Recreation
- Boat Dock
- Tennis Courts
- Sport Court
- Community Playground
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 16, 2018
Closed on
Mar 20, 2019
Sold by
Reyes Robert A
Bought by
Lin Bing Chao and Pang Sinna
Seller's Agent
Sean Jarne
First Team Real Estate
Buyer's Agent
Sean Jarne
First Team Real Estate
List Price
$1,650,000
Sold Price
$1,190,000
Premium/Discount to List
-$460,000
-27.88%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,296,233
Avg. Annual Appreciation
12.24%
Original Mortgage
$763,750
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jul 22, 2014
Sold by
Reyes Robert A
Bought by
Reyes Robert A and Robert A Reyes Living Trust
Purchase Details
Closed on
Jun 6, 2008
Sold by
Reyes Robert
Bought by
Reyes Robert A and Robert A Reyes Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$714,000
Interest Rate
6.05%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 23, 2004
Sold by
Reyes Robert A
Bought by
Reyes Robert A and Robert A Reyes Living Trust
Purchase Details
Closed on
Nov 18, 1999
Sold by
Gill Martz Larry
Bought by
Reyes Robert A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
7.87%
Purchase Details
Closed on
Aug 4, 1999
Sold by
Martz Larry G
Bought by
Asset Services
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.7%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jan 21, 1998
Sold by
Martz Larry G
Bought by
Martz Larry Gill and Larry Gill Martz Family Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lin Bing Chao | $1,175,000 | Western Resources Title | |
| Reyes Robert A | -- | Accommodation | |
| Reyes Robert A | -- | First American Title Company | |
| Reyes Robert A | -- | Southland Title Corporation | |
| Reyes Robert | -- | Southland Title Corporation | |
| Reyes Robert A | -- | -- | |
| Reyes Robert A | $330,000 | -- | |
| Asset Services | -- | Fidelity National Title Ins | |
| Martz Larry Gill | -- | Fidelity National Title Ins | |
| Martz Larry Gill | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chao Bing | $751,250 | |
| Closed | Lin Bing Chao | $763,750 | |
| Previous Owner | Reyes Robert | $714,000 | |
| Previous Owner | Reyes Robert A | $595,000 | |
| Previous Owner | Reyes Robert A | $250,000 | |
| Previous Owner | Reyes Robert A | $160,000 | |
| Previous Owner | Reyes Robert A | $100,000 | |
| Previous Owner | Reyes Robert A | $500,000 | |
| Previous Owner | Reyes Robert A | $461,000 | |
| Previous Owner | Reyes Robert A | $402,000 | |
| Previous Owner | Reyes Robert A | $252,700 | |
| Previous Owner | Reyes Robert A | $100,000 | |
| Previous Owner | Reyes Robert A | $247,000 | |
| Previous Owner | Asset Services | $250,000 | |
| Closed | Reyes Robert A | $66,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/02/2019 04/02/19 | Sold | $1,190,000 | -0.8% | $692 / Sq Ft |
| 02/07/2019 02/07/19 | Pending | -- | -- | -- |
| 01/02/2019 01/02/19 | Price Changed | $1,200,000 | -7.7% | $698 / Sq Ft |
| 12/10/2018 12/10/18 | Price Changed | $1,300,000 | -7.1% | $756 / Sq Ft |
| 12/03/2018 12/03/18 | Price Changed | $1,399,999 | 0.0% | $814 / Sq Ft |
| 11/28/2018 11/28/18 | Price Changed | $1,400,000 | -6.7% | $814 / Sq Ft |
| 11/26/2018 11/26/18 | Price Changed | $1,499,999 | 0.0% | $872 / Sq Ft |
| 11/08/2018 11/08/18 | Price Changed | $1,500,000 | -6.3% | $872 / Sq Ft |
| 10/01/2018 10/01/18 | Price Changed | $1,600,000 | -3.0% | $930 / Sq Ft |
| 09/28/2018 09/28/18 | Price Changed | $1,649,999 | 0.0% | $959 / Sq Ft |
| 07/16/2018 07/16/18 | For Sale | $1,650,000 | -- | $959 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $13,915 | $1,310,732 | $1,127,473 | $183,259 |
| 2024 | $13,915 | $1,285,032 | $1,105,366 | $179,666 |
| 2023 | $13,587 | $1,259,836 | $1,083,692 | $176,144 |
| 2022 | $13,359 | $1,235,134 | $1,062,443 | $172,691 |
| 2021 | $13,105 | $1,210,916 | $1,041,611 | $169,305 |
| 2020 | $12,979 | $1,198,500 | $1,030,931 | $167,569 |
| 2019 | $5,985 | $542,030 | $387,984 | $154,046 |
| 2018 | $6,397 | $531,402 | $380,376 | $151,026 |
| 2017 | $6,396 | $520,983 | $372,918 | $148,065 |
| 2016 | $6,258 | $510,768 | $365,606 | $145,162 |
| 2015 | $6,221 | $503,096 | $360,114 | $142,982 |
| 2014 | $6,078 | $493,242 | $353,060 | $140,182 |
Source: Public Records
Agents Affiliated with this Home
-
Sean Jarne
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LG18170970
APN: 045-072-60
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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