$1,840,000
SOLD SEP 27, 2017
4 Beds
3 Baths
2,400 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$767 Per Sq Ft

3% Below List Price

364 Days on Market

Highlights

  • Heated Pool
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Newport Elementary School Rated A
  • Home fronts a canal
  • 5-minute walk to West Newport Park

About This Home

As of September 2017

Fantastic opportunity to own a highly desired water front home in the beach-close community of Newport Shores. Step off of the inviting, waterside back patio and paddle-board, fish or kayak your stress away on the recently renovated, peaceful canal. At just over 2,400 square feet, this residence has been remodeled throughout and boasts four bedrooms and three bathrooms. While overlooking the tranquil setting of the canal, enjoy the gourmet kitchen with custom cabinets, granite counter tops and ledger stone. As you walk upstairs, relax in the master suite complete with a spa style Jacuzzi tub, fireplace, and balcony overlooking the canal area. If you enjoy being outside, there’s two additional sun decks to take advantage of the beautiful scenery. Additional features of this lovely home include hardwood floors, an open beamed ceiling, laundry room and a two car garage. In addition to the canal setting, this property is just two short blocks from some of Newport’s finest beaches. As a resident of Newport Shores you can enjoy the amenities of the association pool, tennis court, bbq and clubhouse area. Newport's best value.

Last Agent to Sell the Property

Michael Postil

Douglas Elliman Of California License #01932665 Listed on: 08/31/2016

Douglas Elliman Of California

Co-Listed By

Jon Flagg

Pacific Sotheby's Int'l Realty License #01316048

Last Buyer's Agent

Tori Rimlinger

Compass License #01512376

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,991

Year Built

  • Built in 1961

Lot Details

  • 2,614 Sq Ft Lot
  • Home fronts a canal
  • Back Yard
  • Property is zoned R1

HOA Fees

  • $45 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 2,400 Sq Ft Home
  • Beamed Ceilings
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Canal Views
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Jack-and-Jill Bathroom
  • 3 Full Bathrooms

Pool

  • Heated Pool
  • Above Ground Spa

Outdoor Features

  • Concrete Porch or Patio

Schools

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

Utilities

  • Central Heating
  • Underground Utilities
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 10 / 19
  • Tax Tract Number 772
  • Assessor Parcel Number 04507414

Community Details

Overview

  • Newport Shores Association

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,991

Year Built

Built in 1961

Lot Details

0

HOA Fees

$45 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Newport Shores (NEWS)
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04507414
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2400.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Granite Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Three Or More
  • Price Per Square Foot: 766.67
  • Room Type: All Bedrooms Up, Jack & Jill, Master Suite
  • Spa Features: Above Ground
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Canal
  • Patio And Porch Features: Concrete
  • Pool Features: Association, Heated
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available, Underground Utilities
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Cooktop, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Barbecue, Picnic Area, Playground, Tennis Court(s), Sport Court
  • Association Fee: 45.00
  • Association Fee Frequency: Monthly
  • Association Name: Newport Shores
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains

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: Back Yard
  • Lot Size Sq Ft: 2614.00
  • Price Per Lot Square Foot: 820.58

Multi Family

  • Lease Considered: No
  • Waterfront Features: Canal Front

Tax Info

  • Tax Block: 19
  • Tax Lot: 10
  • Tax Tract Number: 772

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2016
Closed on
Sep 11, 2017
Sold by
Weling Thomas Michael and Weling Barbara Rhoads
Bought by
Cox John Watler
Seller's Agent
Michael Postil
Douglas Elliman Of California
Buyer's Agent
Tori Rimlinger
Compass
List Price
$1,899,999
Sold Price
$1,840,000
Premium/Discount to List
-$59,999
-3.16%
Current Estimated Value
$3,257,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,417,306
Avg. Annual Appreciation
7.42%

Purchase Details

Closed on
Mar 22, 2011
Sold by
Weling Barbara Rhoads and Weling Thomas Michael
Bought by
Weling Thomas Michael and Weling Barbara Rhoads

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
4.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2010
Sold by
Mcmillan Barbara Ann
Bought by
Weling Barbara Rhoads and Weling Thomas Michael

Purchase Details

Closed on
Sep 15, 2006
Sold by
Mcmillan Barbara Ann
Bought by
Mcmillan Barbara Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 2004
Sold by
Mcmillan Jaime Sean
Bought by
Mcmillan Barbara Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.06%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 10, 2004
Sold by
Mcmillan Jaime Sean and Mcmillan Barbara Ann
Bought by
Mcmillan Jaime Sean and Mcmillan Barbara Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.06%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 5, 2004
Sold by
Mcmillian Barbara Ann and Standish Barbara Ann
Bought by
Mcmillan Jamie Sean and Mcmillan Barbara Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$546,000
Interest Rate
5.25%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 15, 2000
Sold by
Standish Martin Daniel
Bought by
Standish Barbara Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
8.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2000
Sold by
Marilyn Harper Barbara Ann and Dassance David
Bought by
Standish Martin Daniel and Standish Barbara Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
8.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 1997
Sold by
Stepanek Mark A and Stepanek Mary L
Bought by
Harper Barbara Ann and Dassance David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,600
Interest Rate
7.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 1995
Sold by
Stepanek Mark A and Stepanek Mary L
Bought by
Stepanek Mark A and Stepanek Mary L
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 Type Sale Price Title Company
Grant Deed $1,840,000 Wfg Natl Title Co Of Califor
Interfamily Deed Transfer -- Lawyers Title Sd
Grant Deed -- None Available
Interfamily Deed Transfer -- Southland Title Corporation
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Stewart Title
Interfamily Deed Transfer -- Ticor Title
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- Fidelity National Title Ins
Grant Deed $365,000 Chicago Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $110,000 Future Advance Clause Open End Mortgage
Previous Owner $729,750 New Conventional
Previous Owner $866,750 Negative Amortization
Previous Owner $800,000 Purchase Money Mortgage
Previous Owner $150,000 Credit Line Revolving
Previous Owner $546,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $250,000 Credit Line Revolving
Previous Owner $270,000 Unknown
Previous Owner $240,000 Unknown
Previous Owner $195,000 Purchase Money Mortgage
Previous Owner $214,600 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2018 02/19/18 Rented $6,500 0.0% --
02/15/2018 02/15/18 For Rent $6,500 0.0% --
09/27/2017 09/27/17 Sold $1,840,000 -1.9% $767 / Sq Ft
08/30/2017 08/30/17 Pending -- -- --
05/10/2017 05/10/17 Price Changed $1,875,000 -1.3% $781 / Sq Ft
04/11/2017 04/11/17 For Sale $1,899,999 0.0% $792 / Sq Ft
02/02/2017 02/02/17 Pending -- -- --
01/23/2017 01/23/17 Price Changed $1,899,999 -5.0% $792 / Sq Ft
01/11/2017 01/11/17 Price Changed $1,999,999 -2.2% $833 / Sq Ft
12/02/2016 12/02/16 Price Changed $2,045,000 -2.4% $852 / Sq Ft
10/14/2016 10/14/16 Price Changed $2,095,000 -2.3% $873 / Sq Ft
08/31/2016 08/31/16 For Sale $2,145,000 -- $894 / 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 $21,991 $2,093,605 $1,923,837 $169,768
2024 $21,991 $2,052,554 $1,886,114 $166,440
2023 $21,475 $2,012,308 $1,849,131 $163,177
2022 $21,118 $1,972,851 $1,812,873 $159,978
2021 $20,714 $1,934,168 $1,777,326 $156,842
2020 $20,515 $1,914,336 $1,759,102 $155,234
2019 $20,091 $1,876,800 $1,724,609 $152,191
2018 $19,691 $1,840,000 $1,690,793 $149,207
2017 $6,125 $555,392 $390,773 $164,619
2016 $5,989 $544,502 $383,110 $161,392
2015 $5,929 $536,324 $377,356 $158,968
2014 $5,789 $525,819 $369,964 $155,855
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16192818

California Regional Multiple Listing Service (CRMLS)

APN: 045-074-14