NOT LISTED FOR SALE

Estimated Value: $3,926,633 - $7,875,000

4 Beds
3.5 Baths
2,800 Sq Ft
$1,997/Sq Ft Est. Value

Last Sold July 20, 2018

Last sale price $2,606,250 $931 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $31,971/month

26 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Boat Slip
  • Updated Kitchen
  • Newport Elementary School Rated A
  • Primary Bedroom Suite
  • 5-minute walk to 38th Street Park

About This Home

As of July 2018

Enjoy this designer perfect Bayfront property as a main residence or vacation home! Located within walking distance of fabulous beaches, restaurants and shopping, this chic four bedroom plus office home represents a great waterfront value. The main level features an open concept floorplan with kitchen boasting beautiful cabinets, new stainless steel appliances, and granite countertops. Perfect for indoor-outdoor living, the spacious great room has doors opening to the oversized patio and offers stone flooring and glass tile fireplace. Enjoy al fresco dining on the patio, complete with hardscape, fire pit, and lush landscaping ensuring privacy. A powder bath with wainscoting and designer wall paper and a laundry nook complete the main level. The second level is comprised of a generous master suite with vaulted ceilings, tile fireplace, oak wood floors, large walk in closet and outdoor patio that leads to a rooftop deck. A secondary master suite, two additional bedrooms that share a remodeled bath, and an office complete the second level. Additional interior features of this stylish home include vintage light fixtures, custom window treatments, designer paint, new water heater, and finished garage with epoxy flooring. The recently refurbished dock can accommodate an approximately 30' vessel. This is a great opportunity to own a very charming, remodeled and spacious waterfront home. Also offered as a fully furnished lease for $12,000/month.

Last Agent to Sell the Property

Natalie Raney

Cypress Cove Real Estate License #01770822 Listed on: 04/02/2018

Co-Listed By

Lindsay Bibb

Cypress Cove Real Estate License #01273718

Last Buyer's Agent

Judy Welk-Pedersen

Judy Welk-Pedersen License #01032538

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,837

Year Built

  • Built in 1985

Lot Details

  • 2,644 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Level Lot

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • Bay
  • Canal

Home Design

  • Traditional Architecture
  • Stucco

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • French Doors
  • Great Room
  • Living Room with Fireplace
  • Stone Flooring
  • Home Security System
  • Updated Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Outdoor Features

  • Boat Slip
  • Deck
  • Stone Porch or Patio

Schools

  • Newport Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 164
  • Assessor Parcel Number 42338105

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,837

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Security System
  • Subdivision Name Other: West Newport Beach (WSNB)
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42338105
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2800.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 930.80
  • Room Type: All Bedrooms Up, Great Room, Master Suite, Walk-In Closet
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Exterior Features: Boat Slip
  • View: Bay, Canal, Water
  • Patio And Porch Features: Deck, Patio, Stone
  • Pool Private: No
  • Roof: Other
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport
  • Middle School: Ensign
  • High School: Newport Harbor
  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 2644.00

Multi Family

  • Lease Considered: Yes
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front

Tax Info

  • Tax Census Tract: 635.00
  • Tax Lot: 3
  • Tax Tract Number: 164

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2018
Sold by
Taketa Richard and Taketa Alexandra Barton
Bought by
Pederson Daniel and Pederson Judy
Current Estimated Value
$5,590,211

Purchase Details

Closed on
Apr 9, 2008
Sold by
Taketa Richard H
Bought by
Taketa Richard and Taketa Alexandra Barton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.11%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 29, 2007
Sold by
Searing James Frances and Searing Carol Elizabeth
Bought by
Taketa Richard H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 28, 2004
Sold by
Campbell Shelly Lyn
Bought by
Searing James Francis and Searing Carol Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2001
Sold by
Campbell Shelly Lyn
Bought by
Campbell Shelly Lyn and Shelly Lyn Campbell Trust

Purchase Details

Closed on
Oct 2, 1996
Sold by
Providian Life & Health Insurance Co
Bought by
Campbell Shelly Lyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,800
Interest Rate
6.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 26, 1996
Sold by
Thomas Hicks Hilliard
Bought by
Providian Life & Health Insurance Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,800
Interest Rate
6.87%
Mortgage Type
Commercial
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
Pederson Daniel $2,606,500 First American Title Co
Taketa Richard -- Civic Center Title Services
Taketa Richard H $2,600,000 Equity Title Company
Searing James Francis $1,989,000 Lawyers Title Company
Campbell Shelly Lyn -- --
Campbell Shelly Lyn $531,500 Fidelity National Title Ins
Providian Life & Health Insurance Co $469,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Livin Daniel $647,200
Previous Owner Taketa Richard $100,000
Previous Owner Taketa Richard $1,225,000
Previous Owner Taketa Richard H $100,000
Previous Owner Taketa Richard H $1,000,000
Previous Owner Searing James Francis $1,100,000
Previous Owner Campbell Shelly Lyn $230,000
Previous Owner Campbell Shelly L $250,000
Previous Owner Campbell Shelly Lyn $530,000
Previous Owner Campbell Shelly Lynn $79,650
Previous Owner Campbell Shelly Lyn $424,800
Closed Searing James Francis $292,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2018 07/20/18 Sold $2,606,250 -6.8% $931 / Sq Ft
04/02/2018 04/02/18 For Sale $2,795,000 -- $998 / 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 $18,837 $1,795,032 $1,458,543 $336,489
2024 $18,837 $1,759,836 $1,429,944 $329,892
2023 $18,393 $1,725,330 $1,401,906 $323,424
2022 $18,086 $1,691,500 $1,374,417 $317,083
2021 $17,738 $1,658,334 $1,347,468 $310,866
2020 $17,567 $1,641,330 $1,333,651 $307,679
2019 $17,204 $1,609,148 $1,307,501 $301,647
2018 $24,871 $2,316,344 $2,091,016 $225,328
2017 $24,429 $2,270,926 $2,050,016 $220,910
2016 $23,808 $2,226,399 $2,009,820 $216,579
2015 $23,580 $2,192,957 $1,979,631 $213,326
2014 $23,019 $2,150,000 $1,940,852 $209,148
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18074504

California Regional Multiple Listing Service (CRMLS)

APN: 423-381-05