Landlord's Agent in 2023
Marilyn Christian
Pacific Sotheby's Int'l Realty
(949) 554-1200
25 Total Sales
3148 Corte Hermosa Newport Beach, CA 92660
Newport North NeighborhoodEstimated Value: $2,397,343 - $2,786,000
4
Beds
3
Baths
2,378
Sq Ft
$1,080/Sq Ft
Est. Value
Highlights
- Gated with Attendant
- Heated In Ground Pool
- Updated Kitchen
- Abraham Lincoln Elementary School Rated A
- Primary Bedroom Suite
- Fireplace in Primary Bedroom
About This Home
As of June 2023Situated in the highly desirable guard gated community of Newport Canyon, this recently refreshed beautiful home is the largest and most sought-after Marbella floor plan in the community with it's downstairs bedroom and bath. The 4 bedroom, 3 bath, 3 car garage property includes fireplaces in the living room, family room and master bedroom. The open floor plan features vaulted ceilings as well as travertine and distressed dark hardwood floors. The newly updated kitchen features quartz countertops and stainless steel appliances, including a Viking range. The inviting landscaped outdoor area has meyer lemon, fig, persimmon, and cumquat trees and is an entertainers delight. The peaceful sounds of the spa/fountain off the family room provides a tranquil vibe to the home. The upstairs retreat-like master bedroom with a large master bath has a refreshing skyline view. Additional features include a resort-like community association pool and spa, bbq, along with a picnic area to gather with friends and family. Located nearby is Bonita Creek Park which has sports fields and a playground. Newport Canyon provides a convenient location close to Back Bay hiking and biking trails, unlimited restaurants and shopping, Fashion Island, world class beaches, and the excellent school district. Do not miss out on this opportunity!
Last Agent to Rent the Property
Pacific Sotheby's Int'l Realty License #01919929 Listed on: 02/03/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,151
Year Built
- Built in 1987 | Remodeled
Lot Details
- 3,829 Sq Ft Lot
- Southwest Facing Home
- Block Wall Fence
- Landscaped
- Backyard Sprinklers
- Garden
- Zero Lot Line
Parking
- 3 Car Attached Garage
- Parking Storage or Cabinetry
- On-Street Parking
Home Design
- Mediterranean Architecture
- Turnkey
- Slab Foundation
- Fire Rated Drywall
- Spanish Tile Roof
- Pre-Cast Concrete Construction
- Copper Plumbing
- Plaster
- Stucco
Interior Spaces
- 2,378 Sq Ft Home
- 2-Story Property
- Wired For Sound
- Wired For Data
- Crown Molding
- Two Story Ceilings
- Ceiling Fan
- Recessed Lighting
- Awning
- Shutters
- Entryway
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room with Fireplace
- Open Floorplan
- Dining Room with Fireplace
- Storage
- Neighborhood Views
Kitchen
- Updated Kitchen
- Open to Family Room
- Eat-In Kitchen
- Self-Cleaning Convection Oven
- Electric Oven
- Built-In Range
- Indoor Grill
- Microwave
- Freezer
- Water Line To Refrigerator
- Dishwasher
- Kitchen Island
- Granite Countertops
- Quartz Countertops
- Trash Compactor
- Disposal
- Instant Hot Water
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- 3 Full Bathrooms
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Alarm System
- Fire and Smoke Detector
Pool
- Heated In Ground Pool
- In Ground Spa
Outdoor Features
- Balcony
- Patio
- Exterior Lighting
- Outdoor Grill
- Wrap Around Porch
Location
- Suburban Location
Schools
- Lincoln Elementary School
- Corona Del Mar Middle School
- Corona Del Mar High School
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- Underground Utilities
- 220 Volts in Garage
- Hot Water Circulator
- Central Water Heater
- Water Purifier
- Cable TV Available
Listing and Financial Details
- Security Deposit $11,250
- Rent includes association dues, gardener
- 12-Month Minimum Lease Term
- Available 3/1/23
- Tax Lot 68
- Assessor Parcel Number 44205557
Community Details
Overview
- Property has a Home Owners Association
- Newport Canyon Homeowners Association, Phone Number (949) 672-9019
- Built by 454 Bren Company
- Newport North Villas Subdivision, Marbella Plan
Amenities
- Community Barbecue Grill
- Laundry Facilities
Recreation
- Community Pool
- Community Spa
- Park
- Hiking Trails
- Bike Trail
Security
- Gated with Attendant
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 5, 2014
Sold by
Favreau Christa D
Bought by
Favreau Christa and Penaloza Favreau Living Trust
Current Estimated Value
Purchase Details
Closed on
May 27, 2011
Sold by
Favreau Charles D
Bought by
Favreau Charles D and Favreau Christa D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Outstanding Balance
$130,435
Interest Rate
4.73%
Mortgage Type
New Conventional
Estimated Equity
$2,436,901
Purchase Details
Closed on
May 26, 2011
Sold by
Favreau Christa D
Bought by
Favreau Charles D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Outstanding Balance
$130,435
Interest Rate
4.73%
Mortgage Type
New Conventional
Estimated Equity
$2,436,901
Purchase Details
Closed on
Dec 10, 2002
Sold by
Favreau Christa D
Bought by
Favreau Charles D
Purchase Details
Closed on
Feb 25, 1999
Sold by
Christa Heckendorn
Bought by
Favreau Charles D
Purchase Details
Closed on
Jul 14, 1998
Sold by
First American Title Ins Company
Bought by
Heckendorn Christa
Purchase Details
Closed on
Mar 20, 1998
Sold by
Kanis Douglas R and Kanis Kristen
Bought by
Heckendorn Christa
Purchase Details
Closed on
Jan 24, 1997
Sold by
Heckendorn Christ
Bought by
Heckendorn Christa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.74%
Purchase Details
Closed on
Jan 13, 1997
Sold by
Christa Heckendorn
Bought by
Kanis Douglas R and Kanis Kristen E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.74%
Purchase Details
Closed on
Nov 9, 1994
Sold by
Hegger Gerald L
Bought by
Heckendorn Christof and Heckendorn Christa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
8.9%
Purchase Details
Closed on
Nov 9, 1993
Sold by
California Federal Bank
Bought by
Hegger Gerald L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,500
Interest Rate
6.88%
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 |
|---|---|---|---|
| Favreau Christa | -- | None Available | |
| Favreau Charles D | -- | Accommodation | |
| Favreau Charles D | -- | First American Title Company | |
| Favreau Charles D | -- | Gateway Title Orange | |
| Favreau Charles D | -- | Gateway Title Orange | |
| Favreau Charles D | -- | Gateway Title Company | |
| Heckendorn Christa | -- | -- | |
| Heckendorn Christa | -- | First American Title Ins Co | |
| Heckendorn Christa | -- | Continental Lawyers Title Co | |
| Heckendorn Christa | -- | Continental Lawyers Title Co | |
| Kanis Douglas R | $479,000 | -- | |
| Heckendorn Christof | $460,000 | Guardian Title Company | |
| Hegger Gerald L | $395,000 | Fidelity National Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Favreau Charles D | $189,000 | |
| Previous Owner | Heckendorn Christa | $45,000 | |
| Previous Owner | Kanis Douglas R | $354,681 | |
| Previous Owner | Heckendorn Christof | $368,000 | |
| Previous Owner | Hegger Gerald L | $355,500 | |
| Closed | Heckendorn Christof | $46,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/05/2023 06/05/23 | Rented | $6,900 | -4.2% | -- |
| 05/02/2023 05/02/23 | Under Contract | -- | -- | -- |
| 03/27/2023 03/27/23 | Price Changed | $7,200 | -4.0% | $3 / Sq Ft |
| 02/03/2023 02/03/23 | For Rent | $7,500 | -- | -- |
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 | $8,151 | $764,836 | $425,465 | $339,371 |
| 2024 | $8,151 | $749,840 | $417,123 | $332,717 |
| 2023 | $7,926 | $735,138 | $408,944 | $326,194 |
| 2022 | $7,739 | $720,724 | $400,925 | $319,799 |
| 2021 | $7,536 | $706,593 | $393,064 | $313,529 |
| 2020 | $7,462 | $699,348 | $389,033 | $310,315 |
| 2019 | $7,316 | $685,636 | $381,405 | $304,231 |
| 2018 | $7,173 | $672,193 | $373,927 | $298,266 |
| 2017 | $7,044 | $659,013 | $366,595 | $292,418 |
| 2016 | $6,892 | $646,092 | $359,407 | $286,685 |
| 2015 | $6,811 | $636,388 | $354,009 | $282,379 |
| 2014 | $6,616 | $623,923 | $347,075 | $276,848 |
Source: Public Records
Agents Affiliated with this Home
-
Marilyn Christian
-
Jennifer Frazier
Tenant's Agent in 2023
Jennifer Frazier
Arbor Real Estate
(949) 400-9984
21 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP23017174
APN: 442-055-57
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