$1,325,000
SOLD APR 11, 2014
3 Beds
2.5 Baths
1,942 Sq Ft
4,565 Sq Ft Lot

Recently Sold

$682 Per Sq Ft

5% Below List Price

68 Days on Market

Highlights

  • Private Pool
  • Primary Bedroom Suite
  • Open Floorplan
  • Abraham Lincoln Elementary School Rated A
  • Custom Home
  • Cathedral Ceiling

About This Home

As of September 2016

This magnificent property was taken down to the studs in 2010 and $600,000 added to it in superb features and construction that will impress your most deserving buyers. Wide formal staircase is the focal point of this unique property situated in Newport Beach close to world renowned beaches, restaurants and parks. Walking distance to the beautiful Back Bay Trails. This home is in a 24-hour guard gated community with low association fees and no extra tax. Solid 8 foot doors, onyx, marble, granite, magnificent cabinetry (some with antique glass). Viking appliances and stunning bathrooms are a few of the exquisite features throughout the property. Peaceful, private gardens grace the residence.

Last Agent to Sell the Property

Mali Gulledge

Surterre Properties Inc. License #00850499 Listed on: 01/22/2014

Last Buyer's Agent

Sarah Scheper

Harvard Capital Corp License #01898592

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,619

Year Built

  • Built in 1988

Lot Details

  • 4,565 Sq Ft Lot
  • Block Wall Fence
  • Backyard Sprinklers
  • Front Yard

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Carport Spaces
  • Parking Available
  • Garage Door Opener

Home Design

  • Custom Home
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 1,942 Sq Ft Home
  • Open Floorplan
  • Wired For Data
  • Built-In Features
  • Bar
  • Crown Molding
  • Wainscoting
  • Coffered Ceiling
  • Cathedral Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • French Doors
  • Entryway
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Storage

Kitchen

  • Open to Family Room
  • Self-Cleaning Convection Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Urban Location

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts in Garage
  • Gas Water Heater
  • Central Water Heater
  • Sewer Assessments
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 114
  • Tax Tract Number 12271
  • Assessor Parcel Number 44205632

Community Details

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,619

Year Built

Built in 1988

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Newport North Villas (NNVL)
  • View: No
  • Architectural Style: Custom Built
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 44205632
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1942.00
  • Interior Amenities: Bar, Built-in Features, Cathedral Ceiling(s), Coffered Ceiling(s), Crown Molding, Wired for Data, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, Storage, Two Story Ceilings, Wainscoting
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace Features: Family Room, Gas, Living Room
  • Levels: Two
  • Price Per Square Foot: 682.29
  • Room Type: All Bedrooms Up, Entry, Family Room, Living Room, Master Bedroom, Master Suite
  • Spa Features: Association
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Fence: Yes
  • Fencing: Block
  • Pool Features: Association, Community
  • Pool Private: Yes
  • Roof: Spanish Tile, Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Direct Garage Access, Garage Door Opener
  • Total Parking Spaces: 4.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Convection Oven, Dishwasher, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Range Hood, Microwave, Refrigerator, Self Cleaning Oven, Trash Compactor, Water Heater Central
  • Electric: 220 Volts in Garage
  • Heating Type: Central, Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage
  • Sewer: Sewer Assessments, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 300.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Urban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Front Yard, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 4565.00
  • Lot Size Acres: 0.1050

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4565.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 114
  • Tax Tract Number: 12271

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2016
Closed on
Sep 21, 2016
Sold by
Edmd Llc
Bought by
J & M Sarai Llc
Seller's Agent
Sarah Scheper
Harvard Capital Corp
Buyer's Agent
Komal Sarai
HomeSmart, Evergreen Realty
List Price
$1,399,000
Sold Price
$1,280,682
Premium/Discount to List
-$118,318
-8.46%
Current Estimated Value
$2,335,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,054,384
Avg. Annual Appreciation
6.83%

Purchase Details

Listed on
Jan 22, 2014
Closed on
Apr 1, 2014
Sold by
Meruelo Alex
Bought by
Edmd Llc
Seller's Agent
Mali Gulledge
Surterre Properties Inc.
Buyer's Agent
Sarah Scheper
Harvard Capital Corp
List Price
$1,399,000
Sold Price
$1,325,000
Premium/Discount to List
-$74,000
-5.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.37%

Purchase Details

Closed on
Jan 17, 2014
Sold by
Balkrishna Karkutula P
Bought by
Meruelo Alex and Alex Meruelo Living Trust

Purchase Details

Closed on
Feb 28, 2008
Sold by
Bianchi Norman C and Bianchi Beth
Bought by
Balkrishna Karkutla P and Bala Balkrishna Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2006
Sold by
Bianchi Norman C and Bianchi Beth
Bought by
Bianchi Norman C and Bianchi Beth

Purchase Details

Closed on
Sep 10, 1996
Sold by
Lewis Robertson F and Lee Gaye Lee
Bought by
Bianchi Norman C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
3.85%

Purchase Details

Closed on
Mar 2, 1993
Sold by
Robertson F Lewis and Robertson Gaye Lee
Bought by
Robertson Frank Lewis and Robertson Gaye Lee
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,281,000 Chicago Title Company
Grant Deed $1,325,000 First American Title Company
Grant Deed -- None Available
Grant Deed -- California Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $376,000 Fidelity National Title Ins
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,100,000 Purchase Money Mortgage
Previous Owner $256,300 Unknown
Previous Owner $257,000 Unknown
Previous Owner $258,000 Unknown
Previous Owner $40,000 Credit Line Revolving
Previous Owner $270,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2021 08/18/21 Rented $5,900 0.0% --
08/08/2021 08/08/21 For Rent $5,900 +11.3% --
10/29/2019 10/29/19 Rented $5,300 -3.6% --
09/01/2019 09/01/19 For Rent $5,500 +5.8% --
05/09/2017 05/09/17 Rented $5,200 0.0% --
03/12/2017 03/12/17 Under Contract -- -- --
02/17/2017 02/17/17 Price Changed $5,200 -7.1% $3 / Sq Ft
01/28/2017 01/28/17 For Rent $5,600 0.0% --
09/30/2016 09/30/16 Sold $1,280,682 -5.1% $650 / Sq Ft
08/31/2016 08/31/16 Price Changed $1,350,000 -3.5% $686 / Sq Ft
07/22/2016 07/22/16 For Sale $1,399,000 +5.6% $711 / Sq Ft
04/11/2014 04/11/14 Sold $1,325,000 -3.6% $682 / Sq Ft
03/25/2014 03/25/14 Price Changed $1,375,000 -1.7% $708 / Sq Ft
01/22/2014 01/22/14 For Sale $1,399,000 -- $720 / 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 $15,619 $1,486,336 $1,231,842 $254,494
2024 $15,619 $1,457,193 $1,207,689 $249,504
2023 $15,221 $1,428,621 $1,184,009 $244,612
2022 $14,864 $1,400,609 $1,160,793 $239,816
2021 $14,524 $1,373,147 $1,138,033 $235,114
2020 $14,380 $1,359,068 $1,126,364 $232,704
2019 $14,095 $1,332,420 $1,104,278 $228,142
2018 $13,821 $1,306,295 $1,082,626 $223,669
2017 $13,569 $1,280,682 $1,061,398 $219,284
2016 $14,473 $1,372,082 $1,135,423 $236,659
2015 $14,325 $1,351,473 $1,118,368 $233,105
2014 $12,436 $1,178,655 $900,131 $278,524
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP14015030

California Regional Multiple Listing Service (CRMLS)

APN: 442-056-32