NOT LISTED FOR SALE

Estimated Value: $4,976,000 - $6,089,000

4 Beds
4 Baths
3,750 Sq Ft
$1,491/Sq Ft Est. Value

Last Sold October 07, 2021

Last sale price $3,550,000 $947 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $32,830/month

Highlights

  • Ocean View
  • Main Floor Bedroom
  • Laundry Room
  • Newport Heights Elementary Rated A
  • No HOA
  • 3-minute walk to Kings Road Park

About This Home

As of October 2021

TRADITIONAL CAPE CODE STYLE HOME. FOUR BEDROOMS PLUS OFFICE, OCEAN & BAY VIEWS.

Last Agent to Sell the Property

Manny Stellino

Surterre Properties Inc. License #00912924 Listed on: 10/07/2021

Surterre Properties Inc.

Last Buyer's Agent

Manny Stellino

Surterre Properties Inc. License #00912924 Listed on: 10/07/2021

Surterre Properties Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,516

Year Built

  • Built in 2000

Lot Details

  • 5,625 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Bay
  • Harbor
  • Catalina

Interior Spaces

  • 3,750 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 04905303

Community Details

Overview

  • No Home Owners Association
  • Newport Heights Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,516

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Newport Heights (NEWH)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04905303
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3750.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 946.67
  • Room Type: Main Floor Bedroom, Master Bedroom

Exterior Features

  • View: Bay, Catalina, Harbor, Ocean, Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5625.00
  • Lot Size Acres: 0.1291

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5625.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 000
  • Tax Tract Number: 000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2022
Sold by
Cascade Development Company Llc
Bought by
2212 Cliff Drive Llc
Current Estimated Value
$5,590,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,341,812
Outstanding Balance
$4,211,618
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$1,340,843

Purchase Details

Listed on
Oct 7, 2021
Closed on
Aug 17, 2021
Sold by
Bagatourian Fred M and Dixon Bagatourian Michel
Bought by
Cascade Development Company Llc
Seller's Agent
Manny Stellino
Surterre Properties Inc.
Buyer's Agent
Manny Stellino
Surterre Properties Inc.
List Price
$3,550,000
Sold Price
$3,550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.02%
Original Mortgage
$500,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2008
Sold by
Bagatourian Fred M and Bagatourian Michele D
Bought by
Bagatourian Fred M and Dixon Bagatourian Michele

Purchase Details

Closed on
May 23, 2002
Sold by
Bagatourian Fred M and Bagatourian Michele D
Bought by
Bagatourian Fred M and Bagatourian Michele D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,295,000
Interest Rate
5.55%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 5, 1998
Sold by
Crenshaw Janet Glover
Bought by
Bagatourian Fred M and Bagatourian Michele D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
6.37%
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
2212 Cliff Drive Llc -- Accommodation/Courtesy Recordi
Cascade Development Company Llc $3,550,000 Chicago Title Company
Bagatourian Fred M -- Accommodation
Bagatourian Fred M -- Fidelity National Title Co
Bagatourian Fred M $585,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2212 Cliff Drive Llc $300,000
Open 2212 Cliff Drive Llc $4,341,812
Previous Owner Cascade Development Company Ll $500,000
Previous Owner Cascade Development Company Ll $500,000
Previous Owner Cascade Development Company Llc $4,117,500
Previous Owner Bagatourian Fred M $500,000
Previous Owner Bagatourian Fred M $65,000
Previous Owner Bagatourian Fred M $980,000
Previous Owner Bagatourian Fred M $620,000
Previous Owner Bagatourian Fred M $1,000,000
Previous Owner Bagatourian Fred M $500,000
Previous Owner Bagatourian Fred M $1,295,000
Previous Owner Bagatourian Fred M $468,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2021 10/07/21 Sold $3,550,000 0.0% $947 / Sq Ft
10/07/2021 10/07/21 For Sale $3,550,000 -- $947 / 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 $36,516 $4,129,043 $3,098,516 $1,030,527
2024 $36,516 $3,418,951 $3,037,761 $381,190
2023 $41,264 $3,900,000 $2,978,198 $921,802
2022 $37,706 $3,550,000 $2,668,906 $881,094
2021 $14,982 $1,396,304 $787,792 $608,512
2020 $14,837 $1,381,987 $779,714 $602,273
2019 $14,531 $1,354,890 $764,426 $590,464
2018 $14,241 $1,328,324 $749,437 $578,887
2017 $13,988 $1,302,279 $734,742 $567,537
2016 $13,674 $1,276,745 $720,336 $556,409
2015 $13,543 $1,257,568 $709,516 $548,052
2014 $13,223 $1,232,934 $695,617 $537,317
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP21222788

California Regional Multiple Listing Service (CRMLS)

APN: 049-053-03