NOT LISTED FOR SALE

Estimated Value: $3,180,000 - $9,264,000

3 Beds
2 Baths
1,448 Sq Ft
$4,951/Sq Ft Est. Value

Last Sold February 11, 2019

Last sale price $2,125,000 $1,468 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $43,416/month

9 Days on Market

Highlights

  • Ocean View
  • Private Yard
  • Laundry Room
  • Newport Heights Elementary Rated A
  • No HOA
  • 2-minute walk to John Wayne Park

About This Home

As of February 2019

Welcome to 2404 Cliff Drive, and enjoy the most amazing views of Newport Beach and Catalina Island.
Beautiful 3 bedroom 2 bath a must see!

MOTIVATED SELLER!!!! BRING AN OFFER!!!!

Last Agent to Sell the Property

Ingrid Yankauskas

Compass License #01492120 Listed on: 11/27/2018

Compass

Co-Listed By

Brian Liberto

The Agency License #01473233

The Agency

Last Buyer's Agent

Brian Liberto

The Agency License #01473233

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $65,853

Year Built

  • Built in 1937

Lot Details

  • 5,625 Sq Ft Lot
  • Private Yard

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Marina
  • Coastline
  • Bay
  • Catalina
  • Bridge
  • City Lights
  • Canal

Interior Spaces

  • 1,448 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Schools

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 04906304

Home Details

Home Type

Single Family

Est. Annual Taxes

$65,853

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Newport Heights (NEWH)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04906304
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1448.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1467.54
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Bay, Bridge(s), Canal, Catalina, City Lights, Coastline, Marina, Ocean, Water
  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Stackable
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2018
Closed on
Dec 18, 2018
Sold by
Smith Douglas H
Bought by
Trimar Properties Llc
Seller's Agent
Ingrid Yankauskas
Compass
Buyer's Agent
Brian Liberto
The Agency
List Price
$2,999,999
Sold Price
$2,125,000
Premium/Discount to List
-$874,999
-29.17%
Current Estimated Value
$6,927,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,802,247
Avg. Annual Appreciation
20.57%
Original Mortgage
$1,487,500
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 27, 2016
Sold by
Smith Douglas H
Bought by
Smith Douglas H and Smith Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2016
Sold by
Smith Douglas H
Bought by
Smith Douglas H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2010
Sold by
Smith Douglas H and Smith Marla
Bought by
Smith Douglas H and Smith Marla R

Purchase Details

Closed on
Jul 27, 1995
Sold by
Smith Quentin R and Smith Beverly S
Bought by
Smith Quentin R and Smith Beverly S

Purchase Details

Closed on
Feb 2, 1995
Sold by
Smith Quentin R and Smith Beverly S
Bought by
Smith Quentin R and Smith Beverly S
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
Trimar Properties Llc $2,125,000 Chicago Title Company
Smith Douglas H -- Accommodation
Smith Douglas H -- Wfg National Title Company
Smith Douglas H -- None Available
Smith Quentin R -- --
Smith Quentin R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trimar Properties Llc $2,999,999
Previous Owner Trimar Properties Llc $1,487,500
Previous Owner Smith Douglas H $0
Previous Owner Smith Douglas H $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2019 02/11/19 Sold $2,125,000 -19.8% $1,468 / Sq Ft
12/06/2018 12/06/18 Pending -- -- --
12/04/2018 12/04/18 Price Changed $2,650,000 -10.2% $1,830 / Sq Ft
12/03/2018 12/03/18 Price Changed $2,950,000 -1.7% $2,037 / Sq Ft
11/27/2018 11/27/18 For Sale $2,999,999 -- $2,072 / 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 $65,853 $6,345,544 $4,452,641 $1,892,903
2024 $65,853 $6,221,122 $4,365,334 $1,855,788
2023 $64,317 $6,099,140 $4,279,740 $1,819,400
2022 $63,127 $5,967,000 $4,195,823 $1,771,177
2021 $61,914 $5,850,000 $4,113,551 $1,736,449
2020 $30,748 $2,886,222 $2,100,370 $785,852
2019 $1,271 $86,625 $49,539 $37,086
2018 $1,248 $84,927 $48,568 $36,359
2017 $1,228 $83,262 $47,615 $35,647
2016 $1,131 $81,630 $46,681 $34,949
2015 $1,116 $80,404 $45,979 $34,425
2014 $1,090 $78,829 $45,078 $33,751
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18281855

California Regional Multiple Listing Service (CRMLS)

APN: 049-063-04