NOT LISTED FOR SALE

Estimated Value: $2,750,000 - $4,322,000

3 Beds
2 Baths
1,304 Sq Ft
$2,496/Sq Ft Est. Value

Last Sold May 01, 2012

Last sale price $930,000 $713 Per Sq Ft

Est. 250% increase in value since last sale

Current estimated payment $18,626/month

145 Days on Market

Highlights

  • Main Floor Bedroom
  • Park or Greenbelt View
  • Patio
  • Harbor View Elementary School Rated A
  • Fireplace
  • 1-minute walk to Begonia Park

About This Home

As of May 2012

!!!!!!!....You can build approx 3,588' on this lot ...!!!!!!!!!!!!!!!!! Set backs are 4' on the front, side and rear. 5' on the alley side. Unique opportunity to remodel or build NEW on this elevated approx 3,300 square foot lot (58x60). Present bungalow is a 3 bed 2 bath with remodeled kitchen, dining room, and living room. Backyard has grass and fruit trees. Interior has some wood floors and beamed ceilings.

Last Agent to Sell the Property

Coleen Brennan

Engel & Völkers Newport Beach License #01003247 Listed on: 11/21/2011

Engel & Völkers Newport Beach

Co-Listed By

Linda Wheeler

Engel & Völkers Newport Beach License #01358827

Last Buyer's Agent

Teri Hardke

Coldwell Banker Realty License #00517307

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,353

Year Built

  • Built in 1938

Lot Details

  • 3,300

Parking

  • 1 Car Garage

Home Design

  • Bungalow
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,304 Sq Ft Home
  • Fireplace
  • Dining Room
  • Park or Greenbelt Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Utilities

  • Heating Available
  • Sewer Paid

Additional Features

  • Patio
  • 3,300 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 186
  • Assessor Parcel Number 45911109

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,353

Year Built

Built in 1938

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 949-275-2775
  • Property Attached: No
  • Subdivision Name Other: Corona del Mar South of PCH
  • View: Yes
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45911109
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1304.00
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Levels: Two
  • Price Per Square Foot: 713.19
  • Room Type: Main Floor Bedroom

Exterior Features

  • Patio: Yes
  • View: Park/Greenbelt
  • Fence: No
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: No
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Size: 60X58 approx
  • Lot Size Sq Ft: 3300.00
  • Lot Size Acres: 0.0760

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3300.0000 Square Feet

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2011
Closed on
Mar 20, 2012
Sold by
Drew Darren D and Drew Annette I
Bought by
Newman Michael
Seller's Agent
Coleen Brennan
Engel & Völkers Newport Beach
Buyer's Agent
Teri Hardke
Coldwell Banker Realty
List Price
$1,050,000
Sold Price
$930,000
Premium/Discount to List
-$120,000
-11.43%
Current Estimated Value
$3,254,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,324,720
Avg. Annual Appreciation
9.16%
Original Mortgage
$625,000
Outstanding Balance
$433,031
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$2,570,679

Purchase Details

Closed on
Nov 24, 2009
Sold by
Gagnon Linda and Serratore Kristen
Bought by
Drew Darren D and Drew Annette I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2009
Sold by
Harwood Dennis W
Bought by
Gagnon Linda and Serratore Kristen
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
Newman Michael $923,000 California Title Co Mission
Drew Darren D $855,000 California Title Company
Gagnon Linda -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newman Michael $625,000
Previous Owner Drew Darren D $625,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2012 05/01/12 Sold $930,000 -6.9% $713 / Sq Ft
01/24/2012 01/24/12 Price Changed $999,000 -4.9% $766 / Sq Ft
11/21/2011 11/21/11 For Sale $1,050,000 -- $805 / 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 $12,353 $1,159,335 $1,108,232 $51,103
2024 $12,353 $1,136,603 $1,086,502 $50,101
2023 $12,061 $1,114,317 $1,065,198 $49,119
2022 $11,859 $1,092,468 $1,044,312 $48,156
2021 $11,633 $1,071,048 $1,023,836 $47,212
2020 $11,521 $1,060,066 $1,013,338 $46,728
2019 $11,286 $1,039,281 $993,469 $45,812
2018 $11,063 $1,018,903 $973,989 $44,914
2017 $10,868 $998,925 $954,891 $44,034
2016 $10,626 $979,339 $936,168 $43,171
2015 $10,525 $964,629 $922,106 $42,523
2014 $10,277 $945,734 $904,043 $41,691
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U11004925

California Regional Multiple Listing Service (CRMLS)

APN: 459-111-09