NOT LISTED FOR SALE

Estimated Value: $5,691,000 - $6,282,000

3 Beds
4 Baths
3,049 Sq Ft
$1,951/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $3,900,000 $1,279 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $35,353/month

5 Days on Market

Highlights

  • Marina
  • Ocean View
  • Private Dock Site
  • Newport Elementary School Rated A
  • Property has ocean access
  • 2-minute walk to 38th Street Park

About This Home

As of May 2021

Welcome to the Ultimate Luxury Coastal Living in Newport Beach. This Expansive 3,049 Sq. Ft. Beauty is located in the Channels of Newport Beach with your own Private Dock, which will accommodate a 33' Boat. You will enter from the street down the Brick Pathway in through the Dutch Door into the Living Room with Two-Toned Vaulted Ceilings. There is a 3/4 Bathroom off the Living Room with Custom Emerald Bathtub. As you enter into the Kitchen you will find a Kitchen Island with Sink & Breakfast Counter, there is also a Separate Sitting Area to Read and Write your favorite recipes, or converse with incoming guests. You will Absolutely Love cooking on your Franklin Chef Stove! Your Stainless Steel Oven and Microwave are encased a Beautiful Brickwork Cabinet Space. There is a Separate Dining Area off the Kitchen. You will Cozy Up in the Lovely Family Room with a Warm Fireplace and View of the Waterway. You can exit through the Sliding Glass Doors onto your Spacious Patio Area and Private Dock. From the Entryway you will seemingly float up a Wonderful Spiral Staircase to the Second Floor where you find a Large Bright Game Room & Office area with Built-In Wood Cabinets. The Master Bedroom has a Very Special Hidden Pull-Down Staircase that takes you to the Rooftop Patio Area with it's Spectacular Views of the Ocean and Peninsula! You will also enjoy Relaxing on your Master Bedroom Balcony on Warm Summer Nights. The Master Bathroom includes Dual Sinks & Vanity. You are also within walking distance to Thirty Eighth Street Park, Lido Marina Village, Many Fine Dining Restaurants, and Coffee Shops. And just a short drive to Fashion Island. Don't Miss Out on this Opportunity to live in this Fantastic Home!

Last Agent to Sell the Property

Jeanet Salazar

J A T S Enterprises, Inc. License #01473287 Listed on: 04/23/2021

Co-Listed By

Sonia Aldana

RE/MAX Select One License #01519162

Last Buyer's Agent

Jeanet Salazar

J A T S Enterprises, Inc. License #01473287 Listed on: 04/23/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,941

Year Built

  • Built in 1939 | Remodeled

Lot Details

  • 2,860 Sq Ft Lot
  • Home fronts a canal
  • Privacy Fence
  • Fenced
  • Level Lot
  • Property is zoned R-2

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors
  • Driveway Level
  • Parking available for a boat

Property Views

  • Ocean
  • Marina
  • Harbor
  • Panoramic
  • City Lights

Home Design

  • Wood Product Walls

Interior Spaces

  • 3,049 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Recessed Lighting
  • Track Lighting
  • Awning
  • Custom Window Coverings
  • French Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • L-Shaped Dining Room
  • Bonus Room
  • Game Room
  • Laundry Room

Kitchen

  • Open to Family Room
  • Six Burner Stove
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Built-In Trash or Recycling Cabinet
  • Disposal

Flooring

  • Brick
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Mirrored Closets Doors
  • Upgraded Bathroom
  • 4 Full Bathrooms
  • Granite Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Toliet
  • Bathtub
  • Walk-in Shower

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Property has ocean access
  • Boat Slip
  • Private Dock Site
  • Ocean Side of Highway 1
  • Balcony
  • Rooftop Deck
  • Open Patio
  • Exterior Lighting

Schools

  • Newport Harbor High School

Utilities

  • Central Heating
  • Vented Exhaust Fan
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 6 / 335
  • Tax Tract Number 164
  • Assessor Parcel Number 42337202

Community Details

Overview

  • No Home Owners Association
  • West Newport Beach Subdivision

Recreation

  • Marina
  • Fishing
  • Park
  • Dog Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,941

Year Built

Built in 1939 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Subdivision Name Other: West Newport Beach (WSNB)
  • View: Yes
  • Zoning: R-2
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42337202
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3049.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Granite Counters, Recessed Lighting, Track Lighting, Wood Product Walls
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Brick, Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 3
  • Door Features: French Doors, Mirror Closet Door(s)
  • Eating Area: Dining Ell, In Family Room
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1279.11
  • Room Type: All Bedrooms Up, Bonus Room, Family Room, Game Room, Kitchen, Living Room, Master Bedroom
  • Window Features: Custom Covering
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower, Double Sinks In Master Bath, Granite Counters, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Exterior Features: Awning(s), Boat Slip, Dock Private, Lighting
  • View: City Lights, Harbor, Marina, Ocean, Panoramic
  • Fence: Yes
  • Fencing: Privacy
  • Patio And Porch Features: Patio, Patio Open, Roof Top
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Boat, Driveway Level, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Free-Standing Range, Disposal, Microwave, Refrigerator, Vented Exhaust Fan
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Fishing, Hiking, Park, Watersports

Schools

  • School District: Newport Mesa Unified
  • High School: Newport Harbor
  • High School: Newport Harbor
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Walkstreet
  • Lot Size Sq Ft: 2860.00
  • Lot Size Acres: 0.0657

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2860.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Canal Front, Marina in Community, Ocean Access, Ocean Side Of Highway 1

Tax Info

  • Tax Block: 335
  • Tax Census Tract: 635.00
  • Tax Lot: 6
  • Tax Tract Number: 164

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
May 6, 2021
Sold by
Craib Randy and Craib Kathy C
Bought by
Capri Equities Lp
Seller's Agent
Jeanet Salazar
J A T S Enterprises, Inc.
Buyer's Agent
Jeanet Salazar
J A T S Enterprises, Inc.
List Price
$3,900,000
Sold Price
$3,900,000
Current Estimated Value
$5,948,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,048,018
Avg. Annual Appreciation
9.49%
Original Mortgage
$2,925,000
Outstanding Balance
$2,641,972
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$3,122,224

Purchase Details

Closed on
Jul 18, 2014
Sold by
Craib Randy W and Craib Kathy C
Bought by
Craib Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,133,750
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Capri Equities Lp $3,900,000 Fidelity National Title Co
Craib Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Capri Equities Lp $2,925,000
Previous Owner Craib Randy $200,000
Previous Owner Craib Randy $1,133,750
Previous Owner Craib Randy W $1,122,000
Previous Owner Craib Randy W $1,117,500
Previous Owner Craib Randy W $1,100,000
Previous Owner Craib Randy W $250,000
Previous Owner Craib Randy W $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2021 05/27/21 Sold $3,900,000 0.0% $1,279 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $3,900,000 -- $1,279 / 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 $43,941 $4,221,485 $4,080,383 $141,102
2024 $43,941 $4,138,711 $4,000,375 $138,336
2023 $42,915 $4,057,560 $3,921,936 $135,624
2022 $42,208 $3,978,000 $3,845,035 $132,965
2021 $11,604 $1,075,262 $929,273 $145,989
2020 $11,491 $1,064,237 $919,744 $144,493
2019 $11,256 $1,043,370 $901,710 $141,660
2018 $11,032 $1,022,912 $884,029 $138,883
2017 $10,836 $1,002,855 $866,695 $136,160
2016 $10,593 $983,192 $849,701 $133,491
2015 $10,491 $968,424 $836,938 $131,486
2014 $10,243 $949,454 $820,543 $128,911
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21086020

California Regional Multiple Listing Service (CRMLS)

APN: 423-372-02