NOT LISTED FOR SALE

2918 Paper Ln Newport Beach, CA 92660

Bayview Neighborhood

Estimated Value: $2,888,563 - $3,759,000

4 Beds
3.5 Baths
3,152 Sq Ft
$1,008/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $1,670,000 $530 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $18,239/month

2 Days on Market

Highlights

  • Heated In Ground Pool
  • Primary Bedroom Suite
  • Cathedral Ceiling
  • Mariners Elementary School Rated A
  • Open Floorplan
  • Traditional Architecture

About This Home

As of June 2020

Welcome home to 2918 Paper Lane! Located on a quiet cu-de-sac street, this meticulously maintained home offers exceptional value in Newport Beach and feeds to Mariners Elementary School. Boasting 3,152 square feet on a large 9,284 square foot lot, this home is perfect for families. Downstairs consists of a formal living room with fireplace and dining room - both with two story ceilings, a kitchen with stainless steel appliances (including a wine fridge), family room, powder room, laundry room and an en-suite bedroom with full bath. Upstairs, in addition to the two secondary bedrooms and full bathroom with dual sinks, you will find a massive bonus room/loft that would serve as the perfect teen media room, office, play room or home gym, and a spacious master suite. The master bath with dual sinks and an additional vanity area offers a separate soaking tub and large walk-in closet. The resort-style back yard is perfect for entertaining, equipped with a built-in BBQ and outdoor bar eating area, fire pit, jacuzzi and pool with slide and waterfalls. The grass area is perfect for the little ones to play on when they are not swimming. Other features include solid hardwood floors, crown molding, wainscoting, central AC, newer carpet and paint, and a 3-car garage.

Last Agent to Sell the Property

Jennifer Frazier

Arbor Real Estate License #01966652 Listed on: 05/11/2020

Arbor Real Estate

Last Buyer's Agent

Shirley Tang

888 Realty License #01845722

888 Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,351

Year Built

  • Built in 1995

Lot Details

  • 9,384 Sq Ft Lot
  • Cul-De-Sac
  • Level Lot
  • Sprinkler System
  • Lawn
  • Back and Front Yard

Parking

  • 3 Car Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 3,152 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Wainscoting
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Den with Fireplace
  • Loft
  • Bonus Room
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Gas Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Granite Bathroom Countertops
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Separate Shower
  • Exhaust Fan In Bathroom

Pool

  • Heated In Ground Pool
  • Heated Spa

Outdoor Features

  • Concrete Porch or Patio
  • Fire Pit
  • Exterior Lighting
  • Outdoor Grill

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 3068
  • Assessor Parcel Number 11925116

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,351

Year Built

Built in 1995

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Paved
  • Subdivision Name Other: Back Bay Anniversary Homes (BBAN)
  • View: No
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 11925116
  • Year Built: 1995
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3152.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Granite Counters, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Two Story Ceilings, Wainscoting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Den, Family Room, Gas, Fire Pit
  • Levels: One, Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 529.82
  • Room Type: Bonus Room, Family Room, Formal Entry, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Master Suite, Walk-In Closet, Walk-In Pantry
  • Spa Features: Private, Heated
  • Bathroom Features: Bathtub, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath, Exhaust Fan(s), Granite Counters, Jetted Tub, Separate Tub And Shower, Soaking Tub, Stone Counters, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Barbecue Private, Lighting
  • Patio And Porch Features: Concrete
  • Pool Features: Private, Heated, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Self Cleaning Oven, Dishwasher, Freezer, Disposal, Gas Oven, Gas Cooktop, Ice Maker, Range Hood, Refrigerator, Self Cleaning Oven
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Lawn, Level with Street, Sprinkler System
  • Lot Size: 9600
  • Lot Size Sq Ft: 9384.00
  • Lot Size Acres: 0.2154

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9384.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 630.09
  • Tax Lot: 16
  • Tax Tract Number: 3068

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2020
Closed on
Jun 22, 2020
Sold by
Salomon James and Salomon Nancy E
Bought by
Liu Qianmin
Seller's Agent
Jennifer Frazier
Arbor Real Estate
Buyer's Agent
Shirley Tang
888 Realty
List Price
$1,649,000
Sold Price
$1,670,000
Premium/Discount to List
$21,000
1.27%
Current Estimated Value
$3,176,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,506,391
Avg. Annual Appreciation
12.79%
Original Mortgage
$1,000,000
Outstanding Balance
$886,423
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$2,289,968

Purchase Details

Closed on
Aug 8, 2008
Sold by
Arkenberg Fred W and Arkenburg Linda V
Bought by
2918 Paper Lane Llc

Purchase Details

Closed on
Jul 10, 2008
Sold by
Cameron Marie
Bought by
Arkenberg Fred W and Arkenberg Linda

Purchase Details

Closed on
Jan 24, 2008
Sold by
Gubbins Michael P
Bought by
Rio Nedo Properties Llc

Purchase Details

Closed on
Feb 23, 2007
Sold by
Cameron Marie
Bought by
Gubbins Michael P

Purchase Details

Closed on
Aug 16, 2004
Sold by
Cameron Peter Conrad
Bought by
Cameron Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
1.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 1, 2004
Sold by
Buchanan William Roy and Buchanan Linda
Bought by
Cameron Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
1.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 1, 2002
Sold by
Buchanan William Roy
Bought by
Buchanan William Roy and Buchanan Linda

Purchase Details

Closed on
Apr 26, 1999
Sold by
Buchanan Linda
Bought by
Buchanan William Roy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.98%

Purchase Details

Closed on
May 8, 1998
Sold by
Buchanan Linda
Bought by
Buchanan William Roy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
7.07%

Purchase Details

Closed on
Mar 26, 1997
Sold by
Van Doan
Bought by
Buchanan William Roy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,200
Interest Rate
7.98%

Purchase Details

Closed on
Jan 25, 1994
Sold by
Orange County Development Agency
Bought by
Doan Van To
Source: Public Records

Range of Values:

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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
Liu Qianmin $1,670,000 North American Title Company
Salomon James -- North American Title Company
2918 Paper Lane Llc $900,000 First American Title Company
Arkenberg Fred W $328,581 Accommodation
Rio Nedo Properties Llc -- None Available
Gubbins Michael P $240,914 None Available
Cameron Marie -- Southland Title Corporation
Cameron Marie $1,220,000 Southland Title Corporation
Buchanan William Roy -- American Title Co
Buchanan William Roy -- Fidelity National Title Ins
Buchanan William Roy -- Fidelity National Title Ins
Buchanan William Roy $499,000 --
Doan Van To $119,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Qianmin $1,000,000
Previous Owner Cameron Marie $650,000
Previous Owner Buchanan William Roy $500,000
Previous Owner Buchanan William Roy $448,000
Previous Owner Buchanan William Roy $399,200
Closed Buchanan William Roy $49,900
Closed Cameron Marie $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2020 06/26/20 Sold $1,670,000 +1.3% $530 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
05/11/2020 05/11/20 For Sale $1,649,000 -- $523 / 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 $19,351 $1,826,387 $1,347,424 $478,963
2024 $19,351 $1,790,576 $1,321,004 $469,572
2023 $18,984 $1,755,467 $1,295,102 $460,365
2022 $18,570 $1,721,047 $1,269,708 $451,339
2021 $18,208 $1,687,301 $1,244,811 $442,490
2020 $11,609 $1,059,741 $507,285 $552,456
2019 $11,374 $1,038,962 $497,338 $541,624
2018 $11,151 $1,018,591 $487,587 $531,004
2017 $10,956 $998,619 $478,026 $520,593
2016 $10,712 $979,039 $468,653 $510,386
2015 $10,609 $964,333 $461,613 $502,720
2014 $10,360 $945,444 $452,571 $492,873
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Frazier

    Seller's Agent in 2020

    Jennifer Frazier

    Arbor Real Estate

    (949) 400-9984

    20 Total Sales

    Jennifer Frazier
    Section Image
  • Shirley Tang

    Buyer's Agent in 2020

    Shirley Tang

    RE/MAX

    (626) 202-9573

    151 Total Sales

    Shirley Tang
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20088777

California Regional Multiple Listing Service (CRMLS)

APN: 119-251-16

California Orange County Newport Beach 92660 Bayview

2918 Paper Ln, Newport Beach, CA

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