Seller's Agent in 2020
Dean Ledger
Emerald Bay Real Estate
(949) 222-0977
1 in this area
33 Total Sales
3131 Corte Hermosa Newport Beach, CA 92660
Newport North NeighborhoodEstimated Value: $2,327,000 - $2,561,000
3
Beds
2.5
Baths
2,235
Sq Ft
$1,081/Sq Ft
Est. Value
Highlights
- Primary Bedroom Suite
- Gated Community
- Cathedral Ceiling
- Abraham Lincoln Elementary School Rated A
- Updated Kitchen
- Wood Flooring
About This Home
As of September 2020Impressive, highly upgraded, turn-key, three bedroom, two and a half bath home, with two car garage in the prestigious guarded community of Newport Canyon. Beautiful hardwood floors greet you upon entry with light and bright vaulted ceilings opening up to the living room with cozy fireplace. The expanded open-concept kitchen is fully equipped with stainless steel appliances, a large kitchen island with a prep sink, walk-in pantry, extra storage area and built-in wine fridge. The family room has large sliders that open to the well-manicured backyard with built in BBQ , stove top and sink for all of your entertaining needs. Upstairs the master suite includes spa-inspired bath with dual head shower, separate soaking tub and walk in master closet. This home has spared no expense with a nest thermostat, surround sound, recently remodeled full-size bathrooms, epoxy garage, premium appliances, dual pane windows, recessed lighting, wood and travertine flooring, lush landscaping and so much more. Newport Canyon includes a community pool and is a short walk away from Back Bay, Bonita Creek Park and biking trails.
Last Agent to Sell the Property
Emerald Bay Real Estate License #01154116 Listed on: 07/04/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,502
Year Built
- Built in 1988 | Remodeled
Lot Details
- 4,310 Sq Ft Lot
- Level Lot
HOA Fees
- $330 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Parking Available
Home Design
- Mediterranean Architecture
- Turnkey
- Planned Development
- Slab Foundation
- Spanish Tile Roof
- Stucco
Interior Spaces
- 2,235 Sq Ft Home
- Cathedral Ceiling
- Gas Fireplace
- Double Pane Windows
- Plantation Shutters
- Sliding Doors
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room
- Neighborhood Views
- Laundry Room
Kitchen
- Updated Kitchen
- Open to Family Room
- Breakfast Bar
- Walk-In Pantry
- Convection Oven
- Six Burner Stove
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
- Primary Bedroom Suite
- Remodeled Bathroom
- Dual Vanity Sinks in Primary Bathroom
- Multiple Shower Heads
Outdoor Features
- Patio
- Wrap Around Porch
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 78
- Tax Tract Number 12271
- Assessor Parcel Number 44205542
Community Details
Overview
- Newport Canyon Association, Phone Number (949) 838-3232
- Keystone Pacific HOA
- Newport North Villas Subdivision
Recreation
- Community Pool
- Park
- Bike Trail
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 4, 2020
Closed on
Sep 11, 2020
Sold by
Lundstrom Cheryl Ann and Walters Family Trust
Bought by
May Dustin Gary and May Kristin Ann
Seller's Agent
Dean Ledger
Emerald Bay Real Estate
Buyer's Agent
Katherine McCandless
Livel Real Estate
List Price
$1,520,000
Sold Price
$1,460,000
Premium/Discount to List
-$60,000
-3.95%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$863,877
Avg. Annual Appreciation
9.76%
Original Mortgage
$1,168,000
Outstanding Balance
$1,048,221
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,262,963
Purchase Details
Closed on
Jan 29, 2019
Sold by
Lundstrom Cheryl Ann
Bought by
Lundstrom Cheryl Ann and Walters Marital Trust
Purchase Details
Listed on
Oct 9, 2018
Closed on
Dec 11, 2018
Sold by
Lundstrom Cheryl Ann
Bought by
Lundstrom Cheryl Ann and Walters Marital Trust
Seller's Agent
Cara Farley
Christie's International R.E. Southern California
Buyer's Agent
Mitch Frisch
HomeSmart, Evergreen Realty
List Price
$1,435,000
Sold Price
$1,415,000
Premium/Discount to List
-$20,000
-1.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%
Purchase Details
Listed on
Oct 9, 2018
Closed on
Oct 24, 2018
Sold by
Le Michael Minh
Bought by
Lundstrom Cheryl Ann H and Donald H And Maryann R Walters Trust
Seller's Agent
Cara Farley
Christie's International R.E. Southern California
Buyer's Agent
Mitch Frisch
HomeSmart, Evergreen Realty
List Price
$1,435,000
Sold Price
$1,415,000
Premium/Discount to List
-$20,000
-1.39%
Purchase Details
Closed on
Jan 19, 2010
Sold by
Simpson Florence Velo
Bought by
Le Michael Minh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
4.93%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 30, 2007
Sold by
Simpson Florence V
Bought by
Simpson Florence Velo and Florence Velo Simpson Trust
Purchase Details
Closed on
Sep 27, 2002
Sold by
Robinson Domenica Phyllis
Bought by
Simpson Florence
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,000
Interest Rate
5.89%
Mortgage Type
Stand Alone First
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| May Dustin Gary | $1,460,000 | Fidelity National Title | |
| Lundstrom Cheryl Ann | -- | None Available | |
| Lundstrom Cheryl Ann | -- | None Available | |
| Lundstrom Cheryl Ann H | $1,415,000 | Pacific Coast Title Co | |
| Le Michael Minh | $830,000 | Orange Coast Title | |
| Simpson Florence Velo | -- | None Available | |
| Simpson Florence | $665,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | May Dustin Gary | $1,168,000 | |
| Previous Owner | Le Michael M | $160,000 | |
| Previous Owner | Le Michael Minh | $470,000 | |
| Previous Owner | Le Michael Minh | $480,000 | |
| Previous Owner | Simpson Florence Velo | $125,000 | |
| Previous Owner | Simpson Florence | $557,000 | |
| Previous Owner | Simpson Florence | $545,000 | |
| Previous Owner | Simpson Florence | $422,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/14/2020 09/14/20 | Sold | $1,460,000 | -2.6% | $653 / Sq Ft |
| 08/03/2020 08/03/20 | Pending | -- | -- | -- |
| 07/31/2020 07/31/20 | Price Changed | $1,499,000 | -1.4% | $671 / Sq Ft |
| 07/04/2020 07/04/20 | For Sale | $1,520,000 | +4.1% | $680 / Sq Ft |
| 07/03/2020 07/03/20 | Off Market | $1,460,000 | -- | -- |
| 10/30/2018 10/30/18 | Sold | $1,415,000 | -1.4% | $633 / Sq Ft |
| 10/15/2018 10/15/18 | Pending | -- | -- | -- |
| 10/09/2018 10/09/18 | For Sale | $1,435,000 | -- | $642 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $16,502 | $1,580,350 | $1,292,411 | $287,939 |
| 2024 | $16,502 | $1,549,363 | $1,267,069 | $282,294 |
| 2023 | $16,082 | $1,518,984 | $1,242,225 | $276,759 |
| 2022 | $15,706 | $1,489,200 | $1,217,867 | $271,333 |
| 2021 | $15,348 | $1,460,000 | $1,193,987 | $266,013 |
| 2020 | $15,248 | $1,443,300 | $1,179,898 | $263,402 |
| 2019 | $14,945 | $1,415,000 | $1,156,762 | $258,238 |
| 2018 | $10,473 | $983,850 | $700,376 | $283,474 |
| 2017 | $10,284 | $964,559 | $686,643 | $277,916 |
| 2016 | $10,061 | $945,647 | $673,180 | $272,467 |
| 2015 | $9,953 | $931,443 | $663,068 | $268,375 |
| 2014 | $9,687 | $913,198 | $650,080 | $263,118 |
Source: Public Records
Agents Affiliated with this Home
-
-
K
Buyer's Agent in 2020
Katherine McCandless
Livel Real Estate
(877) 973-3346
1 in this area
51 Total Sales
-
Seller's Agent in 2018
Cara Farley
Christie's International R.E. Southern California
(949) 717-7100
14 Total Sales
-
M
Seller Co-Listing Agent in 2018
Michelle Brown
The Agency
-
Buyer's Agent in 2018
Mitch Frisch
HomeSmart, Evergreen Realty
(949) 292-9944
13 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP20114125
APN: 442-055-42
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