NOT LISTED FOR SALE

Estimated Value: $2,115,000 - $3,125,000

3 Beds
2 Baths
1,643 Sq Ft
$1,611/Sq Ft Est. Value

Last Sold December 24, 2018

Last sale price $1,075,000 $654 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $15,191/month

About This Home

As of December 2018

Location, Location, Location! Attention Developers and Investors! Fantastic opportunity to build in the highly sought after area of Newport Heights, walking distance to the beach and across from Bolsa Park. This conforming duplex, R2 Lot, offers the ability to accommodate more than 1 unit. Seller believes property to be a complete tear down and should be purchased with development in mind. Property to be sold As-Is. Don't miss this chance to build near the coast of Newport Beach, with convenient access to Newport Blvd., PCH, freeways, Hoag Hospital, shopping, dining and more!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2025
Sold by
Varkel Ernest E
Bought by
3250 Broad Street Llc
Current Estimated Value
$2,646,467

Purchase Details

Closed on
Jul 3, 2025
Sold by
Varkel 1999 Snaier Z and Vark Francina
Bought by
Varkel Ernest E

Purchase Details

Closed on
Nov 30, 2021
Sold by
Zalman Varkel Snaier
Bought by
Bruce Kinght Cleworth Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2021
Sold by
Revo Snaier and Revo Francina
Bought by
1999 Snaier Z Varkel And Francina S Varkel Re and Varkel Franc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 8, 2018
Closed on
Nov 28, 2018
Sold by
Revocabl Breyette Stanton Frank
Bought by
Varkel Snaier and Varkel Francina S
Seller's Agent
Christie Shaia
Gatehouse Properties
Buyer's Agent
Eulalia Lopez-Real
First Team Real Estate
List Price
$1,199,000
Sold Price
$1,075,000
Premium/Discount to List
-$124,000
-10.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.38%
Original Mortgage
$752,500
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2004
Sold by
Cleworth Bruce K
Bought by
Cleworth Bruce K
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
3250 Broad Street Llc -- None Listed On Document
Varkel Ernest E -- None Listed On Document
Bruce Kinght Cleworth Revocable Trust -- --
1999 Snaier Z Varkel And Francina S Varkel Re -- None Listed On Document
Varkel Snaier $1,075,000 Chicago Title Company
Cleworth Bruce K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bruce Kinght Cleworth Revocable Trust $945,000
Previous Owner Varkel Snaier Z $945,000
Previous Owner Varkel Snaier $752,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2018 12/24/18 Sold $1,075,000 -10.3% $654 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
11/08/2018 11/08/18 For Sale $1,199,000 -- $730 / Sq Ft

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 $13,092 $1,199,181 $1,089,142 $110,039
2024 $13,092 $1,175,668 $1,067,786 $107,882
2023 $12,786 $1,152,616 $1,046,849 $105,767
2022 $12,546 $1,130,016 $1,026,322 $103,694
2021 $12,266 $1,107,859 $1,006,198 $101,661
2020 $12,149 $1,096,500 $995,881 $100,619
2019 $11,906 $1,075,000 $976,353 $98,647
2018 $1,334 $76,969 $20,300 $56,669
2017 $1,389 $75,460 $19,902 $55,558
2016 $1,362 $73,981 $19,512 $54,469
2015 $1,343 $72,870 $19,219 $53,651
2014 $1,313 $71,443 $18,842 $52,601
Source: Public Records

Agents Affiliated with this Home

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