NOT LISTED FOR SALE

Estimated Value: $1,976,000 - $2,401,000

3 Beds
3 Baths
1,606 Sq Ft
$1,388/Sq Ft Est. Value

Last Sold August 16, 2022

Last sale price $1,725,000 $1,074 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $13,254/month

5 Days on Market

Highlights

  • Parking available for a boat
  • Two Primary Bedrooms
  • Main Floor Primary Bedroom
  • Mariners Elementary School Rated A
  • Open Floorplan
  • Quartz Countertops

About This Home

As of August 2022

MODERN SINGLE LEVEL HOME * FULLY UPGRADED * CUL DE SAC * ADU POTENTIAL * RV/ BOAT PARKING AVAILABLE * DUAL EN-SUITE BEDROOMS...Welcome home to 2908 Silver Lane, completely remodeled single level home in the upper Newport Bay Anniversary Streets within the award-winning Mariners Elementary school zone! This 3 bedroom and 3 bath home was perfectly renovated 2 years ago with an emphasis on quality craftsmanship and materials. Exceptional curb appeal and wood fence enclosing the front yard greet you as you approach the grand wood framed front entry door with inlay glass. A lovely interior featuring an open floor-plan and spacious living room with a cozy fireplace with wood mantle and mosaic tile. The formal dining area has a custom built in buffet and wet bar that includes a wine refrigerator. The newly designed kitchen is complete with gorgeous white shaker cabinets, quartz counters with white subway tile backsplash, stainless steel appliances including a Monogram 6 burner range, farmhouse sink, microwave drawer and other built-in features. The floor plan encompasses three spacious bedrooms with a primary bedroom with en-suite modern bath, secondary bedroom with en-suite bath, and third guest bedroom directly across from hall bath. Additional features include luxury vinyl wood flooring throughout, chic recessed lighting, built-in ceiling speakers, and a convenient two car attached garage with direct interior access. The backyard features concrete pads and artificial turf inlay. Ideally located at Newport Back Bay trails plus the popular Irvine Ranch Market, beaches, freeways and airport.

Last Agent to Sell the Property

Kevin Drumm

Seven Gables Real Estate License #01821235 Listed on: 07/27/2022

Seven Gables Real Estate

Co-Listed By

Sean Drumm

Seven Gables Real Estate License #01821234

Last Buyer's Agent

Neetu Gillespie

REMAX AEGIS License #01946432

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,024

Year Built

  • Built in 1958

Lot Details

  • 9,200 Sq Ft Lot
  • Cul-De-Sac
  • Wood Fence
  • Back and Front Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway
  • Parking available for a boat
  • RV Access or Parking

Home Design

  • Spanish Tile Roof

Interior Spaces

  • 1,606 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Wired For Sound
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Formal Dining Room
  • Vinyl Flooring
  • Neighborhood Views

Kitchen

  • Six Burner Stove
  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Quartz Bathroom Countertops
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Schools

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

Additional Features

  • Open Patio
  • Central Air

Community Details

  • No Home Owners Association
  • Back Bay Anniversary Homes Subdivision

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 3068
  • Assessor Parcel Number 11925207

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,024

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Back Bay Anniversary Homes (BBAN)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 11925207
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1606.00 Square Feet
  • Interior Amenities: Open Floorplan, Quartz Counters, Wet Bar, Wired for Sound
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Separated
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1074.10
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Master Bedroom, Two Masters
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower, Quartz Counters
  • Room Kitchen Features: Kitchen Island, Quartz Counters

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Patio, Patio Open
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Boat, Driveway, Garage, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: 6 Burner Stove
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School: Mariners
  • High School: Newport Harbor
  • Middle Or Junior School: Horace Ensign
  • Elementary School #2: MARINE
  • High School2: NEWHAR

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard
  • Lot Size Sq Ft: 9200.00
  • Lot Size Acres: 0.2112

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9200.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 24
  • Tax Tract Number: 3068

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
Aug 8, 2022
Sold by
Denise Nguyen
Bought by
Dandle Louise Trust
Seller's Agent
Kevin Drumm
Seven Gables Real Estate
Buyer's Agent
Neetu Gillespie
REMAX AEGIS
List Price
$1,749,000
Sold Price
$1,725,000
Premium/Discount to List
-$24,000
-1.37%
Views
4
Current Estimated Value
$2,229,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$504,341
Avg. Annual Appreciation
8.34%

Purchase Details

Listed on
Jul 25, 2019
Closed on
Sep 17, 2019
Sold by
Trieu Johnny and Tang Phuong
Bought by
Nguyen Denise
Seller's Agent
Michael Wu
Harvest Realty Development
Buyer's Agent
Tammy Kim
Keller Williams Realty
List Price
$1,088,800
Sold Price
$980,000
Premium/Discount to List
-$108,800
-9.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.53%
Original Mortgage
$784,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 25, 2019
Closed on
Sep 6, 2019
Sold by
Janowick David
Bought by
Nguyen Denise
Seller's Agent
Michael Wu
Harvest Realty Development
Buyer's Agent
Tammy Kim
Keller Williams Realty
List Price
$1,088,800
Sold Price
$980,000
Premium/Discount to List
-$108,800
-9.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$784,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 20, 2014
Sold by
Trieu Johnny Phu and Tang Phuong Xuan
Bought by
The Trieu Living Trust

Purchase Details

Closed on
Aug 6, 2003
Sold by
Orange County Development Agency
Bought by
Trieu Johnny Phu and Tang Phuong Xuan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dandle Louise Trust $1,725,000 Chicago Title
Nguyen Denise $980,000 Fidelity Natl Ttl Orange Cnt
Nguyen Denise -- Fidelity Natl Ttl Orange Cnt
The Trieu Living Trust -- None Available
Trieu Johnny Phu $600,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nguyen Denise $784,000
Previous Owner Trieu Johnny Phu $322,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2022 08/16/22 Sold $1,725,000 -1.4% $1,074 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
07/27/2022 07/27/22 For Sale $1,749,000 +78.5% $1,089 / Sq Ft
09/23/2019 09/23/19 Sold $980,000 -10.0% $610 / Sq Ft View Prior Sale
07/25/2019 07/25/19 For Sale $1,088,800 -- $678 / 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 $19,024 $1,794,690 $1,692,521 $102,169
2024 $19,024 $1,759,500 $1,659,334 $100,166
2023 $18,665 $1,725,000 $1,626,798 $98,202
2022 $11,172 $1,009,955 $912,314 $97,641
2021 $10,873 $990,152 $894,425 $95,727
2020 $10,769 $980,000 $885,254 $94,746
2019 $8,491 $764,731 $672,663 $92,068
2018 $8,325 $749,737 $659,474 $90,263
2017 $8,181 $735,037 $646,543 $88,494
2016 $7,926 $720,625 $633,866 $86,759
2015 $7,848 $709,801 $624,345 $85,456
2014 $7,663 $695,897 $612,114 $83,783
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22163112

California Regional Multiple Listing Service (CRMLS)

APN: 119-252-07