NOT LISTED FOR SALE

Estimated Value: $1,821,000 - $2,006,000

3 Beds
2 Baths
1,001 Sq Ft
$1,933/Sq Ft Est. Value

Last Sold April 10, 2020

Last sale price $1,170,000 $1,169 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $11,449/month

Highlights

  • Primary Bedroom Suite
  • Property is near a clubhouse
  • Neighborhood Views
  • Newport Elementary School Rated A
  • High Ceiling
  • 3-minute walk to West Newport Park

About This Home

As of October 2020

This three bedroom, two bathroom completely remodeled home is located just blocks from one of Newport's finest beaches and in the heart of Newport Shores. It has been recently renovated from top to bottom with modern coastal inspired updates throughout. The open concept kitchen features quartz counters, stainless appliances, custom cabinetry, a farmhouse porcelain sink, and a spacious kitchen island. The master suite includes ample closet space and a well-appointed en-suite bath. The home's two other bedrooms include vaulted ceilings, good storage space and mirrored closet doors. The second bath boasts quartz counters, custom tile and lighting. This home also features, polished concrete flooring, new windows, new doors, a two car garage, and a private courtyard with a built-in fire pit. Enjoy beach living at it’s finest as well as the amenities of the Newport Shores Community Association - pool, tennis, clubhouse, BBQ and play areas.

Last Agent to Rent the Property

Tori Rimlinger

Compass License #01512376 Listed on: 08/15/2020

Compass

Last Renter's Agent

Tori Rimlinger

Compass License #01512376 Listed on: 08/15/2020

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,803

Year Built

  • Built in 1963

Lot Details

  • 2,480

Parking

  • 2 Car Attached Garage
  • Parking Available

Interior Spaces

  • 1,001 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Neighborhood Views

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Laundry Room
  • Laundry in Garage

Schools

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

Utilities

  • Central Heating
  • Underground Utilities

Additional Features

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

Listing and Financial Details

  • Security Deposit $7,000
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 8/17/20
  • Legal Lot and Block 15 / 3
  • Tax Tract Number 772
  • Assessor Parcel Number 04507128

Community Details

Overview

  • Property has a Home Owners Association
  • Newport Shores Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,803

Year Built

Built in 1963

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2020-08-17
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 1000
  • Deposit Security: 7000
  • Furnished: Unfurnished
  • Pets Allowed: Call

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 Lease
  • Parcel Number: 04507128
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1001.00 Square Feet
  • Interior Amenities: Beamed Ceilings, High Ceilings
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 4.80
  • Room Type: All Bedrooms Down, Main Floor Master Bedroom, Master Bedroom, Master Suite
  • Bathroom Features: Bathtub, Remodeled

Exterior Features

  • View: Neighborhood
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Underground Utilities
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

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

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 2480.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 636.03
  • Tax Lot: 15
  • Tax Tract Number: 772

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2020
Closed on
Mar 10, 2020
Sold by
Wilson Renee E
Bought by
Gassel Adam Davis and Gassel Darcy Lynn
Seller's Agent
Tori Rimlinger
Compass
Buyer's Agent
Tori Rimlinger
Compass
List Price
$1,200,000
Sold Price
$1,170,000
Premium/Discount to List
-$30,000
-2.5%
Current Estimated Value
$1,896,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$726,071
Avg. Annual Appreciation
8.56%
Original Mortgage
$765,000
Outstanding Balance
$661,039
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$1,154,683
Source: Public Records

Range of Values:

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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
Gassel Adam Davis $1,100,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gassel Adam Davis $765,000
Previous Owner Wilson Renee E $220,000
Previous Owner Wilson Renee E $218,000
Previous Owner Wilson Renee $50,000
Previous Owner Wilson Renee E $212,000
Previous Owner Wilson Renee E $201,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2020 10/08/20 Rented $4,800 0.0% --
09/18/2020 09/18/20 Price Changed $4,800 -2.0% $5 / Sq Ft
09/17/2020 09/17/20 Price Changed $4,900 +2.1% $5 / Sq Ft
09/04/2020 09/04/20 Price Changed $4,800 -4.0% $5 / Sq Ft
08/15/2020 08/15/20 For Rent $5,000 0.0% --
04/10/2020 04/10/20 Sold $1,170,000 -2.5% $1,169 / Sq Ft
02/10/2020 02/10/20 For Sale $1,200,000 -- $1,199 / 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 $12,803 $1,203,008 $1,138,211 $64,797
2024 $12,803 $1,179,420 $1,115,893 $63,527
2023 $12,502 $1,156,295 $1,094,013 $62,282
2022 $12,292 $1,133,623 $1,072,562 $61,061
2021 $12,058 $1,111,396 $1,051,532 $59,864
2020 $4,398 $383,512 $315,831 $67,681
2019 $4,313 $375,993 $309,639 $66,354
2018 $4,760 $368,621 $303,568 $65,053
2017 $4,790 $361,394 $297,616 $63,778
2016 $4,689 $354,308 $291,780 $62,528
2015 $4,669 $348,986 $287,397 $61,589
2014 $4,563 $342,150 $281,767 $60,383
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20165966

California Regional Multiple Listing Service (CRMLS)

APN: 045-071-28