NOT LISTED FOR SALE

Estimated Value: $3,271,000 - $4,465,401

2 Beds
2 Baths
800 Sq Ft
$4,798/Sq Ft Est. Value

Last Sold May 11, 2015

Last sale price $1,600,000 $2,000 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $22,985/month

52 Days on Market

Highlights

  • Private Dock Site
  • Property Fronts a Bay or Harbor
  • Canal View
  • Newport Elementary School Rated A
  • All Bedrooms Downstairs
  • 5-minute walk to 38th Street Park

About This Home

As of May 2015

***NEW HOME DEVELOPMENT OPPORTUNITY***Sold with Approved Permit. Permit is already pulled with fees paid!! Currently revising the existing plan with modern designs. LOWEST priced WATERFRONT/CANAL property with private boat dock in Newport Beach! GREAT VALUE!! This is a corner lot property with a dock that will hold a 36’ boat. East side neighbor is a parking lot, so your privacy is protected! Plan includes a huge Great room with open kitchen and a huge Island, folding doors opens out to backyard or patio on all three levels. The plan included Two Master bedrooms. All bedrooms have a walk-in closets. Exterior will include smooth stucco and wood sidings and will provide plenty of natural lights. Bring your contractor and start your construction today! Close to shopping, bars, restaurants, and much more! Enjoy your Newport Beach life!!

Last Agent to Sell the Property

Jack Saida

Prime Associates, Inc. License #00893574 Listed on: 02/17/2015

Last Buyer's Agent

Paul Li

Harvest Real Estate, Inc. License #01806584

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,339

Year Built

  • Built in 1952

Lot Details

  • 2,860 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Home fronts a canal

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Composition Roof

Interior Spaces

  • 800 Sq Ft Home
  • L-Shaped Dining Room
  • Carpet
  • Canal Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Outdoor Features

  • Private Dock Site
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 4 / 332
  • Tax Tract Number 164
  • Assessor Parcel Number 42338204

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,339

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Newport Island (NEWI)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42338204
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 800.00
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: No
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Ell
  • Levels: One
  • Price Per Square Foot: 2000.00
  • Room Type: All Bedrooms Down

Exterior Features

  • Exterior Features: Dock Private
  • View: Canal
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Forced Air
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 2860.00
  • Lot Size Acres: 0.0660

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2860.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Canal Front

Tax Info

  • Tax Block: 332
  • Tax Lot: 4
  • Tax Tract Number: 164

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2015
Closed on
Apr 20, 2015
Sold by
Open House Realty & Investments Inc
Bought by
Usa Jd Intl Real Estate Inc
Seller's Agent
Jack Saida
Prime Associates, Inc.
Buyer's Agent
Paul Li
Harvest Real Estate, Inc.
List Price
$1,699,000
Sold Price
$1,600,000
Premium/Discount to List
-$99,000
-5.83%
Current Estimated Value
$3,838,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,238,350
Avg. Annual Appreciation
9.21%

Purchase Details

Listed on
Apr 1, 2013
Closed on
Jun 19, 2013
Sold by
Cyburt Anna M and Cyburt Philip W
Bought by
Open House Realty & Investments Inc
Seller's Agent
Judy Muncy
Berkshire Hathaway HomeService
Buyer's Agent
Judy Muncy
Berkshire Hathaway HomeService
List Price
$1,495,000
Sold Price
$1,325,000
Premium/Discount to List
-$170,000
-11.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.92%

Purchase Details

Closed on
Mar 7, 2008
Sold by
Sweetland Anna and Cyburt Philip
Bought by
Cyburt Anna M and Cyburt Philip W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$987,000
Interest Rate
6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 22, 2008
Sold by
Sweetland Anna
Bought by
Sweetland Anna and Cyburt Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$987,000
Interest Rate
6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 24, 2001
Sold by
Cianfrocca Douglas A
Bought by
Sweetland Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 1998
Sold by
Bancroft Homer M and Bancroft Jean R
Bought by
Cianfrocca Douglas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 1996
Sold by
Bancroft Homer M and Bancroft Jean R
Bought by
Bancroft Homer and Bancroft Jean R
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
Usa Jd Intl Real Estate Inc $1,600,000 First American Title Company
Open House Realty & Investments Inc $1,325,000 California Title Company
Cyburt Anna M -- Accommodation
Sweetland Anna -- United Title Company
Sweetland Anna $520,000 First American Title Co
Cianfrocca Douglas A $420,000 Old Republic Title Company
Bancroft Homer -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sweetland Anna $987,000
Previous Owner Sweetland Anna $250,000
Previous Owner Sweetland Anna $650,000
Previous Owner Sweetland Anna $632,000
Previous Owner Sweetland Anna $560,000
Previous Owner Sweetland Anna $468,000
Previous Owner Cianfrocca Douglas A $336,000
Closed Cianfrocca Douglas A $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2015 05/11/15 Sold $1,600,000 -5.8% $2,000 / Sq Ft
04/10/2015 04/10/15 Pending -- -- --
02/17/2015 02/17/15 For Sale $1,699,000 +28.2% $2,124 / Sq Ft
07/15/2013 07/15/13 Sold $1,325,000 -5.3% $1,656 / Sq Ft
05/23/2013 05/23/13 Price Changed $1,399,000 -6.4% $1,749 / Sq Ft
04/01/2013 04/01/13 For Sale $1,495,000 -- $1,869 / 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 $25,339 $2,418,203 $1,870,269 $547,934
2024 $25,339 $2,370,788 $1,833,597 $537,191
2023 $24,746 $2,324,302 $1,797,644 $526,658
2022 $23,862 $2,233,687 $1,762,397 $471,290
2021 $22,965 $2,148,069 $1,727,841 $420,228
2020 $22,309 $2,084,665 $1,710,125 $374,540
2019 $20,478 $1,913,600 $1,676,594 $237,006
2018 $19,621 $1,833,324 $1,643,720 $189,604
2017 $17,312 $1,611,491 $1,611,491 $0
2016 $16,929 $1,579,894 $1,579,894 $0
2015 $14,609 $1,351,473 $1,307,636 $43,837
2014 $14,265 $1,325,000 $1,282,021 $42,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15033672

California Regional Multiple Listing Service (CRMLS)

APN: 423-382-04