NOT LISTED FOR SALE

Estimated Value: $2,364,000 - $2,599,000

4 Beds
3 Baths
1,565 Sq Ft
$1,567/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $1,585,000 $1,013 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $14,915/month

31 Days on Market

Highlights

  • Attached Guest House
  • Two Primary Bedrooms
  • Property is near a clubhouse
  • Newport Elementary School Rated A
  • Clubhouse
  • 3-minute walk to West Newport Park

About This Home

As of May 2021

Located just two blocks from one of Newport's finest beaches, this home has many opportunities. It currently includes a 3 bedroom, 2 bath main house as well as a spacious studio apartment. These two living spaces can be updated to a single family residence or continue as two separate options. The main house includes vaulted, beamed ceilings, an open floor-plan, and a private patio. The second-story apartment offers a kitchen, bath, sitting area, and bedroom space. The main house and the studio have separate entrances with parking options in the garage or carport. Enjoy beach living as well as all the amenities of the Newport Shores Community Association pool, tennis, clubhouse, volleyball, basketball court, playground, and BBQ area.

Last Agent to Sell the Property

Tori Rimlinger

Compass License #01512376 Listed on: 02/27/2021

Compass

Last Buyer's Agent

Tori Rimlinger

Compass License #01512376 Listed on: 02/27/2021

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,092

Year Built

  • Built in 1960

Lot Details

  • 2,480

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Attached Carport Space
  • Parking Available

Home Design

  • Planned Development

Interior Spaces

  • 1,565 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Neighborhood Views
  • Galley Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • 3 Full Bathrooms
  • Low Flow Toliet
  • Bathtub

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer

Schools

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

Utilities

  • Central Heating
  • Underground Utilities

Additional Features

  • 2,480 Sq Ft Lot
  • Attached Guest House
  • Property is near a clubhouse

Listing and Financial Details

  • Legal Lot and Block 22 / 1
  • Tax Tract Number 772
  • Assessor Parcel Number 04507310

Community Details

Overview

  • Newport Shores Community Association, Phone Number (949) 378-6200
  • Ammcor HOA
  • Newport Shores Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,092

Year Built

Built in 1960

Lot Details

0

HOA Fees

$46 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Newport Shores (NEWS)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04507310
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1565.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1012.78
  • Room Type: Galley Kitchen, Living Room, Main Floor Master Bedroom, Two Masters
  • Bathroom Features: Bathtub, Low Flow Toilet(s)

Exterior Features

  • Other Structures: Guest House Attached
  • View: Neighborhood
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Attached Carport, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Underground Utilities
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Barbecue, Picnic Area, Playground, Tennis Court(s), Sport Court, Clubhouse
  • Association Fee: 550.00
  • Association Fee Frequency: Annually
  • Association Name: Newport Shores Community Association
  • Phone: 9493786200
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks
  • Association Management: AMMCOR

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Features: Close to Clubhouse
  • Lot Size Sq Ft: 2480.00
  • Lot Size Acres: 0.0569

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2480.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 636.03
  • Tax Lot: 22
  • Tax Tract Number: 772

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2023
Sold by
Lear Jonathan and Lear Kelly
Bought by
Delearious Llc
Current Estimated Value
$2,452,106

Purchase Details

Listed on
Feb 27, 2021
Closed on
Apr 17, 2021
Sold by
Lear Jon M
Bought by
Lear Carol B
Seller's Agent
Tori Rimlinger
Compass
Buyer's Agent
Tori Rimlinger
Compass
List Price
$1,625,000
Sold Price
$1,585,000
Premium/Discount to List
-$40,000
-2.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.23%
Original Mortgage
$822,375
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 27, 2021
Closed on
Mar 29, 2021
Sold by
Chaban Cheryl and Gonya Sandra
Bought by
Lear Jonathan and Lear Kelly
Seller's Agent
Tori Rimlinger
Compass
Buyer's Agent
Tori Rimlinger
Compass
List Price
$1,625,000
Sold Price
$1,585,000
Premium/Discount to List
-$40,000
-2.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$822,375
Interest Rate
3.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Delearious Llc -- None Listed On Document
Lear Carol B -- Chicago Title Co
Lear Jonathan $1,585,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lear Jonathan $822,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2021 05/20/21 Sold $1,585,000 -2.5% $1,013 / Sq Ft
02/27/2021 02/27/21 For Sale $1,625,000 0.0% $1,038 / Sq Ft
04/20/2019 04/20/19 Rented $1,750 0.0% --
04/16/2019 04/16/19 For Rent $1,750 -37.5% --
12/30/2014 12/30/14 Rented $2,800 -6.7% --
11/30/2014 11/30/14 Under Contract -- -- --
09/08/2014 09/08/14 For Rent $3,000 -- --
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 $18,092 $1,715,654 $1,630,166 $85,488
2024 $18,092 $1,682,014 $1,598,202 $83,812
2023 $17,667 $1,649,034 $1,566,865 $82,169
2022 $17,373 $1,616,700 $1,536,142 $80,558
2021 $1,259 $85,090 $36,563 $48,527
2020 $1,247 $84,218 $36,188 $48,030
2019 $1,228 $82,567 $35,478 $47,089
2018 $1,207 $80,949 $34,783 $46,166
2017 $1,187 $79,362 $34,101 $45,261
2016 $1,164 $77,806 $33,432 $44,374
2015 $1,151 $76,638 $32,930 $43,708
2014 $1,124 $75,137 $32,285 $42,852
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP21039300

California Regional Multiple Listing Service (CRMLS)

APN: 045-073-10