NOT LISTED FOR SALE

325 Irvine Ave Newport Beach, CA 92663

Newport Heights Neighborhood

Estimated Value: $3,990,000 - $6,308,000

2 Beds
1 Bath
893 Sq Ft
$6,334/Sq Ft Est. Value

Last Sold November 01, 2017

Last sale price $1,200,000 $1,344 Per Sq Ft

Est. 371% increase in value since last sale

Current estimated payment $32,683/month

41 Days on Market

Highlights

  • No HOA
  • Fireplace
  • Living Room
  • Newport Heights Elementary Rated A
  • Cooling Available
  • 3-minute walk to Kings Road Park

About This Home

As of November 2017

Fantastic opportunity to build your Newport Heights dream home. Adjacent home being built at +/- 4,900 sq. ft. Super Newport Beach location, easy reach to beach, harbor and shopping on Mariners Mile.

Last Agent to Sell the Property

Ronald Freeman

Ron Freeman, Realtor License #00611314 Listed on: 07/19/2017

Last Buyer's Agent

Jami Sepulveda

Pacific Sotheby's Int'l Realty License #01464204

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,578

Year Built

  • Built in 1948

Lot Details

  • 6,375 Sq Ft Lot
  • Front Yard
  • Tear Down

Parking

  • 2 Car Garage

Interior Spaces

  • 893 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Living Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer Hookup

Utilities

  • Cooling Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 256
  • Assessor Parcel Number 04905310

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,578

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Number: 949-322-7467
  • Property Attached: No
  • Subdivision Name Other: Newport Heights (NEWH)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04905310
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 893.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1343.78
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Tear Down
  • Lot Size Sq Ft: 6375.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 634.00
  • Tax Lot: 14
  • Tax Tract Number: 256

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2021
Sold by
Sepulveda Brent
Bought by
325 Irvine Llc
Current Estimated Value
$5,655,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,285,000
Outstanding Balance
$2,101,710
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$3,554,219

Purchase Details

Closed on
May 28, 2019
Sold by
Sepulveda Brent Roy
Bought by
325 Irvine Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,757,500
Interest Rate
5.55%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 2, 2019
Sold by
325 Irvine Llc
Bought by
Sepulveda Brent Roy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,757,500
Interest Rate
5.55%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 19, 2017
Closed on
Sep 20, 2017
Sold by
The Estate Of Betty Lou Mann
Bought by
325 Irvine Llc
Seller's Agent
Ronald Freeman
Ron Freeman, Realtor
Buyer's Agent
Jami Sepulveda
Pacific Sotheby's Int'l Realty
List Price
$2,000,000
Sold Price
$1,200,000
Premium/Discount to List
-$800,000
-40%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.74%
Original Mortgage
$1,537,500
Interest Rate
3.83%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 21, 2016
Sold by
Mann Betty Lou
Bought by
Mann Betty Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
4.64%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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
325 Irvine Llc -- None Available
Sepulveda Brent -- Timios Title
Sepulveda Brent -- Timios Title A Ca Corp
325 Irvine Llc -- Accommodation
Sepulveda Brent Roy -- First American Title Company
325 Irvine Llc $1,200,000 Wfg National Title
Mann Betty Lou -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sepulveda Brent $2,285,000
Previous Owner Sepulveda Brent Roy $1,757,500
Previous Owner 325 Irvine Llc $1,537,500
Previous Owner Mann Betty Lou $938,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2017 11/01/17 Sold $1,200,000 -20.0% $1,344 / Sq Ft
08/29/2017 08/29/17 Pending -- -- --
08/10/2017 08/10/17 Price Changed $1,500,000 -25.0% $1,680 / Sq Ft
07/19/2017 07/19/17 For Sale $2,000,000 -- $2,240 / 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 $30,578 $2,926,087 $1,323,275 $1,602,812
2024 $30,578 $2,868,713 $1,297,328 $1,571,385
2023 $29,863 $2,812,464 $1,271,890 $1,540,574
2022 $29,369 $2,757,318 $1,246,951 $1,510,367
2021 $28,290 $2,654,234 $1,222,501 $1,431,733
2020 $28,019 $2,627,019 $1,209,966 $1,417,053
2019 $25,953 $2,434,330 $1,186,241 $1,248,089
2018 $12,966 $1,200,000 $1,162,982 $37,018
2017 $1,107 $71,752 $41,837 $29,915
2016 $1,012 $70,346 $41,017 $29,329
2015 $999 $69,290 $40,401 $28,889
2014 $975 $67,933 $39,609 $28,324
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Ronald Freeman

    Ron Freeman, Realtor

    (714) 785-4652

    4 Total Sales

    Ronald Freeman
    Section Image

  • J

    Buyer's Agent in 2017

    Jami Sepulveda

    Pacific Sotheby's Int'l Realty

    Section Image

  • J

    Buyer's Agent in 2017

    Jami Deusterman

    Villa Real Estate

    (949) 717-6000

    Jami Deusterman
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17164897

California Regional Multiple Listing Service (CRMLS)

APN: 049-053-10

California Orange County Newport Beach 92663 Newport Heights

325 Irvine Ave, Newport Beach, CA

This home is located at 325 Irvine Ave, Newport Beach, CA 92663 since 19 July 2017 and is currently estimated at $5,655,929, approximately $6,333 per square foot. This property was built in 1948. 325 Irvine Ave is a home located in Orange County with nearby schools including Newport Heights Elementary, Horace Ensign Intermediate School, and Newport Harbor High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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