NOT LISTED FOR SALE

Estimated Value: $2,765,000 - $6,294,000

2 Beds
1.5 Baths
1,383 Sq Ft
$3,284/Sq Ft Est. Value

Last Sold April 19, 2019

Last sale price $1,550,000 $1,121 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $27,101/month

40 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • Laundry Room
  • Newport Heights Elementary Rated A
  • Neighborhood Views
  • 1-Story Property

About This Home

As of April 2019

Newport Heights 7209 Sq. Ft lot that is literally 2-3 weeks away from being PERMIT READY TO BUILD A HOME ON A PRIME location! Save money and time on soil reports, land surveys, plans and permits - The work is already done for you! An amazingly intelligent opportunity, ideal for investors or a perfect property for discerning homeowners that want to create their own living space AND choose for themselves all the personal finishing touches in the highly desired Newport Heights neighborhood. Offer includes beautifully bold, in-demand & sought after modern architectural plans by locally renowned Architect Oldham & Associates. Envision a one-of-a-kind 4,330 SF pool home that includes 4 ensuite bedrooms, 1 first floor flex ensuite room with a private entrance (can be office, in-law or media room), 2 powder rooms, his/hers master baths, 1st & 2nd floor laundry, very private pool/spa/cooking outdoor space, 3 car garage, room for glass wine cellar under staircase AND a fantastic rooftop deck with views of Newport Harbor! All tied together with today’s Smart home technology features throughout. Take advantage of this large lot size and the privacy this plan has to offer!

Last Agent to Sell the Property

Sue Rabin

Magellan Capital Group & Assoc. License #01913068 Listed on: 01/16/2019

Last Buyer's Agent

Long Nguyen

Advance Estate Realty License #01391629

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 7,209 Sq Ft Lot
  • Value in Land

Parking

  • 2 Car Garage

Interior Spaces

  • 1,383 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms | 3 Main Level Bedrooms

Pool

  • In Ground Pool

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 516
  • Assessor Parcel Number 42510102

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

7,209 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Newport Heights (NEWH)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42510102
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1383.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1120.75
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Value In Land
  • Lot Size Sq Ft: 7209.00
  • Lot Size Acres: 0.1655
  • Latitude Manual: 33.62509900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7209.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 634.00
  • Tax Lot: 17
  • Tax Tract Number: 516

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2024
Sold by
Huynh Nguyen Vu
Bought by
Huynh Family Revocable Living Trust and Nguyen
Current Estimated Value
$4,541,451

Purchase Details

Listed on
Jan 16, 2019
Closed on
Apr 4, 2019
Sold by
Lamare Development Group Inc
Bought by
Huynh Nguyen Vu
Seller's Agent
Sue Rabin
Magellan Capital Group & Assoc.
Buyer's Agent
Long Nguyen
Advance Estate Realty
List Price
$1,690,000
Sold Price
$1,550,000
Premium/Discount to List
-$140,000
-8.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.75%

Purchase Details

Closed on
Oct 17, 2018
Sold by
California Petroleum Holdings Inc
Bought by
Lamare Development Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,048,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 19, 2018
Closed on
May 4, 2018
Sold by
Graham Sally
Bought by
California Petroleum Holdings Inc
Seller's Agent
Brian Righetti
Crane Real Estate
Buyer's Agent
Sue Rabin
Magellan Capital Group & Assoc.
List Price
$1,499,000
Sold Price
$1,300,000
Premium/Discount to List
-$199,000
-13.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.23%
Original Mortgage
$975,000
Interest Rate
4.4%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Huynh Family Revocable Living Trust -- None Listed On Document
Huynh Nguyen Vu $1,550,000 Fidelity National Title
Lamare Development Group Inc -- None Available
California Petroleum Holdings Inc $1,300,000 Fidelity Natl Title Orange C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lamare Development Group Inc $1,048,000
Previous Owner California Petroleum Holdings Inc $975,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/19/2019 04/19/19 Sold $1,550,000 -5.1% $1,121 / Sq Ft
03/07/2019 03/07/19 Price Changed $1,634,000 -2.2% $1,181 / Sq Ft
02/15/2019 02/15/19 Price Changed $1,670,000 -1.2% $1,208 / Sq Ft
01/16/2019 01/16/19 For Sale $1,690,000 +30.0% $1,222 / Sq Ft
05/16/2018 05/16/18 Sold $1,300,000 -13.3% $940 / Sq Ft View Prior Sale
04/30/2018 04/30/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $1,499,000 -- $1,084 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $33,999 $3,246,221 $1,633,753 $1,612,468
2024 $33,999 $3,182,570 $1,601,719 $1,580,851
2023 $33,207 $3,120,167 $1,570,313 $1,549,854
2022 $29,304 $2,741,510 $1,539,523 $1,201,987
2021 $23,220 $2,163,582 $1,509,337 $654,245
2020 $19,938 $1,850,721 $1,493,861 $356,860
2019 $14,120 $1,300,000 $1,216,506 $83,494
2018 $1,271 $78,246 $29,698 $48,548
2017 $1,251 $76,712 $29,115 $47,597
2016 $1,227 $75,208 $28,544 $46,664
2015 $1,212 $74,079 $28,115 $45,964
2014 $1,185 $72,628 $27,564 $45,064
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19011748

California Regional Multiple Listing Service (CRMLS)

APN: 425-101-02

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