NOT LISTED FOR SALE

Estimated Value: $3,175,000 - $3,831,000

4 Beds
3 Baths
1,831 Sq Ft
$1,941/Sq Ft Est. Value

Last Sold September 16, 2020

Last sale price $1,982,000 $1,082 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $21,869/month

179 Days on Market

Highlights

  • Beach Access
  • Fishing
  • Primary Bedroom Suite
  • Newport Elementary School Rated A
  • Bay View
  • Across the Road from Lake or Ocean

About This Home

As of September 2020

Welcome home to 325 Alvarado Place, Newport Beach where it’s Summer-living all year round. Located on 1 of the “Super SiX Streets” which the locals know as arguably the BEST Peninsula location given you are near everything, while still in a quiet living environment. It begins with a 4 bedroom (1 bed is on the main level), 1825+ sq ft Dutch Colonial home that’s walking distance to the fun zone, bay, boardwalk and just 3 houses away from Alvarado Street Beach. Three bedrooms and 2 bathrooms are upstairs, one of which is the Master suite that has a wood burning fireplace, generous closet space, and a view balcony to watch the boats go by. A 2-car garage with workshop/storage area, a private rear patio, and sun drenched bay-view front patio complete this gem but the BEST PART about the home is the ability to add an est 780 sqft +/- ADU or 2nd unit above the Garage! Just think: Rental Income, Workshop, the perfect flex/design space, or add onto the existing home... The possibilities are endless! Hop on your cruiser and take the ferry to balboa Island, or stay on your side of the bay and enjoy local amenities, strolls on the beach, dining, and peninsula attractions. This beach home is perfect for everyday use or the ideal family getaway that will be enjoyed for generations to come. CHECK OUT THE 3D MATTERPORT HERE: https://luxuryhomeimaging.com/3d-model/325-alvarado-pl-newport-beach/fullscreen-nobrand/

Last Agent to Sell the Property

Jason C Bradshaw

Coldwell Banker Realty License #01304396 Listed on: 02/14/2020

Coldwell Banker Realty

Co-Listed By

Darren Smith

Coldwell Banker Realty License #01233459

Last Buyer's Agent

Jasmine Bradley

Keller Williams Realty License #01393310

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,486

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • 2,348 Sq Ft Lot
  • Cul-De-Sac

Parking

  • 2 Car Garage
  • Public Parking
  • Parking Available

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,831 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Family Room with Fireplace
  • Bay Views

Kitchen

  • Double Oven
  • Gas Oven
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Beach Access
  • Ocean Side of Highway 1
  • Balcony
  • Patio

Location

  • Across the Road from Lake or Ocean

Utilities

  • Central Heating
  • Water Heater
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 59 / C
  • Tax Tract Number 511
  • Assessor Parcel Number 04810106

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing
  • Park
  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,486

Year Built

Built in 1972 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: Darren Smith
  • Other Phone Number: 949-887-0643
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04810106
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1831.00 Square Feet
  • Interior Amenities: In-Law Floorplan, Balcony, Granite Counters, Open Floorplan
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1082.47
  • Room Type: Family Room, Kitchen, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Bay
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Garage, Public
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Gas Oven, Water Heater
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: In Closet, Inside, Upper Level
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Fishing, Park, Watersports, Sidewalks, Storm Drains

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 2348.00
  • Lot Size Acres: 0.0539

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2348.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Across the Road from Lake/Ocean, Beach Access, Fishing in Community, Ocean Side Of Highway 1

Tax Info

  • Tax Block: C
  • Tax Census Tract: 628.00
  • Tax Lot: 59
  • Tax Tract Number: 511

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2020
Closed on
Aug 18, 2020
Sold by
Berg William R and The Berg Revocable Family Livi
Bought by
Feldman Jonathan and Feldman Debbie
Seller's Agent
Jason C Bradshaw
Coldwell Banker Realty
Buyer's Agent
Jason C Bradshaw
Coldwell Banker Realty
List Price
$2,249,000
Sold Price
$1,982,000
Premium/Discount to List
-$267,000
-11.87%
Current Estimated Value
$3,554,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,572,204
Avg. Annual Appreciation
12.04%
Original Mortgage
$1,467,750
Outstanding Balance
$1,305,485
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,173,285

Purchase Details

Closed on
Dec 11, 2015
Sold by
Berg Robert G
Bought by
Berg Robert G and Berg Revocable Family 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
$942,000
Interest Rate
3.94%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 11, 2001
Sold by
Berg Robert G and Berg Jean Fenley
Bought by
Berg Robert G and Berg Jean Fenley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.87%

Purchase Details

Closed on
Jul 27, 2000
Sold by
Berg Robert G and Berg Jean Jean
Bought by
Berg Robert G and Berg Jean Fenley
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Feldman Jonathan $1,982,000 Stewart Title Of Ca Inc
Berg Robert G -- None Available
Berg Robert G -- Chicago Title Co
Berg Robert G -- Chicago Title Co
Berg Robert G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feldman Jonathan $1,467,750
Previous Owner Berg Robert G $942,000
Previous Owner Berg Robert G $176,661
Previous Owner Berg Robert G $182,000
Previous Owner Berg Robert G $197,965
Previous Owner Berg Robert G $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2020 09/16/20 Sold $1,982,000 -5.6% $1,082 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
07/16/2020 07/16/20 Price Changed $2,100,000 -6.6% $1,147 / Sq Ft
02/14/2020 02/14/20 For Sale $2,249,000 -- $1,228 / 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 $30,486 $2,917,115 $2,033,702 $883,413
2024 $30,486 $2,859,917 $1,993,825 $866,092
2023 $24,632 $2,313,473 $1,954,731 $358,742
2022 $21,279 $1,916,403 $1,916,403 $0
2021 $21,927 $1,957,000 $1,878,827 $78,173
2020 $3,205 $177,088 $128,237 $48,851
2019 $3,185 $173,616 $125,722 $47,894
2018 $3,182 $170,212 $123,257 $46,955
2017 $3,136 $166,875 $120,840 $46,035
2016 $3,085 $163,603 $118,470 $45,133
2015 $3,090 $161,146 $116,690 $44,456
2014 $3,012 $157,990 $114,404 $43,586
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20032984

California Regional Multiple Listing Service (CRMLS)

APN: 048-101-06