NOT LISTED FOR SALE

Estimated Value: $5,852,000 - $6,859,000

4 Beds
3 Baths
2,930 Sq Ft
$2,128/Sq Ft Est. Value

Sale Details

Date Sold: March 5, 2021

Last sale price $4,550,000 $1,553 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $37,326 / mo

6 Days on Market

Highlights

  • Private Dock Site
  • Property Fronts a Bay or Harbor
  • Open Floorplan
  • Newport Elementary School Rated A
  • Primary Bedroom Suite
  • 2-minute walk to 38th Street Park

About This Home

As of March 2021

A rare opportunity awaits at 312 38th Street! This Newport Island Bayfront has been owned by the same family since 1973 and is only two blocks to the beach. Meticulously maintained and updated throughout the years, this 4 bedroom, 3 bath home features high ceilings and an expansive open floor plan. As you walk in the front door, you'll experience a spacious living and dining room with views of the waterfront patio. The main floor includes a kitchen equipped with stainless-steel appliances, one bedroom and bathroom and access to the oversized two-car garage. The second floor features a spacious master suite that consists of a large bathroom with a soaking tub, two walk-in closets, a seating area with a fireplace and a balcony overlooking the water. The second floor also has two additional bedrooms, one of which can easily be converted to an office with water views. Store your boat on the private dock and enjoy harbor cruises with friends and family. This oversized 40-foot corner lot exudes fine Newport Beach living.

Last Agent to Sell the Property

deb millar

Arbor Real Estate License #01059734 Listed on: 01/12/2021

Arbor Real Estate

Co-Listed By

Matilda Lumpkin

Arbor Real Estate License #02121578

Last Buyer's Agent

Ron Millar

Arbor Real Estate License #01191748

Arbor Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 4,000 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors

Property Views

  • Bay
  • Mountain
  • Neighborhood

Home Design

  • Turnkey

Interior Spaces

  • 2,930 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Double Door Entry
  • Sliding Doors
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Storage
  • Alarm System

Kitchen

  • Open to Family Room
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Private Dock Site
  • Balcony
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 164
  • Assessor Parcel Number 42307401

Community Details

Overview

  • No Home Owners Association
  • Newport Island Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

4,000 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Wired for Alarm System
  • Subdivision Name Other: Newport Island (NEWI)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42307401
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2930.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, High Ceilings, Open Floorplan, Recessed Lighting, Storage
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Double Door Entry, Sliding Doors
  • Eating Area: In Family Room
  • Fireplace Features: Family Room, Master Bedroom, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1552.90
  • Room Type: Great Room, Main Floor Bedroom, Master Suite, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Double Sinks In Bath(s), Double Sinks In Master Bath, Soaking Tub
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Exterior Features: Dock Private
  • View: Bay, Mountain(s), Neighborhood
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 4000.00
  • Lot Size Acres: 0.0918

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4000.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 164

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2023
Sold by
Sadighi Namdar
Bought by
Trust Of Namdar Sadighi and Sadighi
Current Estimated Value
$6,235,507

Purchase Details

Listed on
Jan 12, 2021
Closed on
Jan 25, 2021
Sold by
Taylor Christy and The Gisela L Taylor Marital Tr
Bought by
Sadighi Namdar
Seller's Agent
deb millar
Arbor Real Estate
Buyer's Agent
Ron Millar
Arbor Real Estate
List Price
$4,750,000
Sold Price
$4,550,000
Premium/Discount to List
-$200,000
-4.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.35%
Original Mortgage
$3,412,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2020
Sold by
Taylor Christy and The Wm W Taylor Living Trust
Bought by
Taylor Christy and The Gisela L Taylor Marital Tr

Purchase Details

Closed on
Jun 10, 2010
Sold by
Taylor William W
Bought by
Taylor William W and William W Taylor Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Trust Of Namdar Sadighi -- None Listed On Document
Sadighi Namdar $4,550,000 North American Title Company
Taylor Christy -- None Available
Taylor William W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sadighi Namdar $3,412,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2021 03/05/21 Sold $4,550,000 -4.2% $1,553 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $4,750,000 -- $1,621 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $51,199 $4,925,065 $4,488,865 $436,200
2024 $51,199 $4,828,496 $4,400,848 $427,648
2023 $50,005 $4,733,820 $4,314,557 $419,263
2022 $49,181 $4,641,000 $4,229,957 $411,043
2021 $5,872 $523,536 $129,069 $394,467
2020 $5,816 $518,168 $127,745 $390,423
2019 $5,701 $508,008 $125,240 $382,768
2018 $5,590 $498,048 $122,785 $375,263
2017 $5,492 $488,283 $120,378 $367,905
2016 $5,372 $478,709 $118,017 $360,692
2015 $5,319 $471,519 $116,244 $355,275
2014 $5,195 $462,283 $113,967 $348,316
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20264033

California Regional Multiple Listing Service (CRMLS)

APN: 423-074-01

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