NOT LISTED FOR SALE

Estimated Value: $2,922,000 - $5,445,609

3 Beds
1 Bath
1,343 Sq Ft
$3,073/Sq Ft Est. Value

Last Sold September 17, 2020

Last sale price $1,600,000 $1,191 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $24,284/month

20 Days on Market

Highlights

  • Main Floor Bedroom
  • No HOA
  • 1 Car Attached Garage
  • Newport Heights Elementary Rated A
  • Cul-De-Sac
  • Park

About This Home

As of September 2020

Expansive, ideally located Newport Heights lot on charming, very desirable, quiet and friendly cul-de-sac surrounded by beautiful custom homes. Create your dream home, yard and the perfect indoor-outdoor California lifestyle. Located within close proximity to highly ranked and award-winning Newport Harbor High School, Ensign Intermediate and Newport Heights Elementary schools. Also a short distance to Newport Back Bay trails, several parks, and shopping and dining on 17th Street & Westcliff Drive. Near Newport beaches and harbor, Balboa Island and Lido Marina Village. Quintessential Newporot Heights neighborhood where neighbors socialize and the kids play outside. In addition, this property features a street to street orientation between Laurel Place and Holly Lane. Both streets are very special, full of families and a lot of pride. Current structure was originally built in 1948 and with an added third bedroom is approximately 1343 square feet on an approximately 7,848 street to street lot. This is the opportunity you have been waiting for!

Last Agent to Sell the Property

Tim Smith

Coldwell Banker Realty License #01346878 Listed on: 07/03/2020

Coldwell Banker Realty

Co-Listed By

John Yasko

Coldwell Banker Realty License #01875420

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,169

Year Built

  • Built in 1948

Lot Details

  • 7,848 Sq Ft Lot
  • Cul-De-Sac
  • Back and Front Yard

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,343 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Schools

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

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1188
  • Assessor Parcel Number 42530306

Community Details

Overview

  • No Home Owners Association
  • Newport Heights Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,169

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Newport Heights (NEWH)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42530306
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1343.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1191.36
  • Room Type: All Bedrooms Down, Kitchen, Main Floor Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: Newport Heights
  • High School: Newport Harbor
  • Middle Or Junior School: Horace Ensign
  • Elementary School #2: NEWHEI
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard
  • Lot Size Sq Ft: 7848.00
  • Lot Size Acres: 0.1802

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7848.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 634.00
  • Tax Lot: 1
  • Tax Tract Number: 1188

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2021
Sold by
Galloway Winn and Galloway Lindye
Bought by
Galloway Winn and Galloway Lindye
Current Estimated Value
$4,127,152

Purchase Details

Listed on
Jul 3, 2020
Closed on
Aug 17, 2020
Sold by
Laurel Place Investments Llc
Bought by
Galloway Winn and Galloway Lindye
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,600,000
Sold Price
$1,600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.33%
Original Mortgage
$1,360,000
Outstanding Balance
$1,211,943
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$2,915,209

Purchase Details

Closed on
Feb 12, 2020
Sold by
Amore Elvira M D and Amore Elvira M
Bought by
Laurel Place Investments Llc

Purchase Details

Closed on
Jun 28, 2016
Sold by
Amore Elvira M D
Bought by
Amore Elvira M D and The Elvira M Damore Revocable Living Tru
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
Galloway Winn -- None Available
Galloway Winn $1,600,000 First American Title Company
Laurel Place Investments Llc $1,425,000 First American Title
Amore Elvira M D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galloway Winn $1,360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2020 09/17/20 Sold $1,600,000 0.0% $1,191 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
07/14/2020 07/14/20 For Sale $1,600,000 0.0% $1,191 / Sq Ft
07/11/2020 07/11/20 Off Market $1,600,000 -- --
07/03/2020 07/03/20 For Sale $1,600,000 -- $1,191 / 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 $32,169 $3,068,799 $1,680,382 $1,388,417
2024 $32,169 $3,008,627 $1,647,433 $1,361,194
2023 $29,725 $2,788,003 $1,615,131 $1,172,872
2022 $21,808 $2,028,768 $1,583,462 $445,306
2021 $17,291 $1,600,000 $1,552,413 $47,587
2020 $1,079 $66,489 $38,680 $27,809
2019 $1,064 $65,186 $37,922 $27,264
2018 $1,046 $63,908 $37,178 $26,730
2017 $1,030 $62,655 $36,449 $26,206
2016 $1,009 $61,427 $35,734 $25,693
2015 $995 $60,505 $35,197 $25,308
2014 $972 $59,320 $34,507 $24,813
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20129795

California Regional Multiple Listing Service (CRMLS)

APN: 425-303-06