Seller's Agent in 2020
Matt Genova
Arbor Real Estate
(949) 673-7600
2 in this area
29 Total Sales
3600 Park Ln Newport Beach, CA 92663
West Newport Beach NeighborhoodEstimated Value: $2,520,582 - $3,027,000
2
Beds
2
Baths
1,016
Sq Ft
$2,783/Sq Ft
Est. Value
Highlights
- Marina
- Across the Road from Lake or Ocean
- Sun or Florida Room
- Newport Elementary School Rated A
- Peek-A-Boo Views
- 1-minute walk to 38th Street Park
About This Home
As of July 2020Fully renovated and move-in ready, this original family bungalow is the quintessential beach oasis.The lowest priced property on the Balboa Peninsula!
Perfectly positioned on a prime corner parcel overlooking 38th Street Park with front porch views to the sand is mere steps to the West Newport surf breaks.Featuring a brand new kitchen, bathrooms, roof, windows, flooring, updated plumbing and electrical, this vintage Newport gem awaits with Summer just around the corner.
Walk to the new Lido House Hotel, Lido Marina Village, Newport Pier, boardwalk, shopping and restaurants...all part of the Balboa Peninsula revitalization happening now!
Property is being sold in “As-Is” condition with manufacturer warranties on all upgrades.
Last Agent to Sell the Property
Arbor Real Estate License #01949027 Listed on: 03/09/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,576
Year Built
- Built in 1910 | Remodeled
Lot Details
- 1,750 Sq Ft Lot
- Corner Lot
Parking
- On-Street Parking
Interior Spaces
- 1,016 Sq Ft Home
- 1-Story Property
- Wood Burning Fireplace
- Family Room with Fireplace
- Dining Room
- Sun or Florida Room
- Laminate Flooring
- Peek-A-Boo Views
- Fire and Smoke Detector
Kitchen
- Breakfast Bar
- Gas Range
- Free-Standing Range
- Microwave
- Quartz Countertops
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Upgraded Bathroom
- 2 Full Bathrooms
- Quartz Bathroom Countertops
- Bathtub with Shower
- Multiple Shower Heads
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Laundry in Kitchen
Accessible Home Design
- More Than Two Accessible Exits
Location
- Across the Road from Lake or Ocean
- Property is near a park
Schools
- Newport Elementary School
- Ensign Middle School
- Newport Harbor High School
Utilities
- Wall Furnace
- Natural Gas Connected
- High-Efficiency Water Heater
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 1 / 136
- Tax Tract Number 670
- Assessor Parcel Number 42336205
Community Details
Overview
- No Home Owners Association
Recreation
- Marina
- Park
- Water Sports
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 17, 2020
Sold by
Melbon John and Melbon Jackie
Bought by
Melbon John E and Melbon Jackie R
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,235,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 9, 2020
Closed on
Jul 1, 2020
Sold by
3600 Park Lane Llc
Bought by
Melbon John and Melbon Jackie
Seller's Agent
Matt Genova
Arbor Real Estate
Buyer's Agent
Matt Genova
Arbor Real Estate
List Price
$1,695,000
Sold Price
$1,635,000
Premium/Discount to List
-$60,000
-3.54%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.66%
Original Mortgage
$1,235,000
Interest Rate
3.1%
Mortgage Type
Commercial
Purchase Details
Listed on
Sep 1, 2017
Closed on
Sep 7, 2017
Sold by
Genovese Gary Arthur
Bought by
3600 Park Lane Llc
Seller's Agent
Tara Shapiro
Coldwell Banker Realty
Buyer's Agent
Matt Genova
Arbor Real Estate
List Price
$1,375,000
Sold Price
$1,350,000
Premium/Discount to List
-$25,000
-1.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.13%
Purchase Details
Closed on
Aug 12, 2005
Sold by
Genovese Gary Arthur
Bought by
Genovese Gary Arthur and Gary Arthur Genovese Family Trust
Purchase Details
Closed on
Sep 3, 2004
Sold by
Caskey Sandra J
Bought by
Genovese Gary A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Melbon John E | -- | California Title Company | |
| Melbon John | $1,635,000 | Chicago Title | |
| 3600 Park Lane Llc | $1,350,000 | Chicago Title Co | |
| Genovese Gary Arthur | -- | -- | |
| Genovese Gary A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Melbon John E | $1,235,000 | |
| Closed | Melbon John | $1,235,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2020 07/15/20 | Sold | $1,635,000 | -3.5% | $1,609 / Sq Ft |
| 06/27/2020 06/27/20 | Pending | -- | -- | -- |
| 03/09/2020 03/09/20 | For Sale | $1,695,000 | +25.6% | $1,668 / Sq Ft |
| 10/03/2017 10/03/17 | Sold | $1,350,000 | -1.8% | $1,329 / Sq Ft |
| 09/04/2017 09/04/17 | Pending | -- | -- | -- |
| 09/01/2017 09/01/17 | For Sale | $1,375,000 | -- | $1,353 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $18,576 | $2,206,372 | $1,741,827 | $464,545 |
| 2024 | $18,576 | $1,735,075 | $1,707,674 | $27,401 |
| 2023 | $18,139 | $1,701,054 | $1,674,190 | $26,864 |
| 2022 | $17,909 | $1,667,700 | $1,641,362 | $26,338 |
| 2021 | $17,567 | $1,635,000 | $1,609,178 | $25,822 |
| 2020 | $15,148 | $1,404,540 | $1,381,874 | $22,666 |
| 2019 | $14,837 | $1,377,000 | $1,354,778 | $22,222 |
| 2018 | $14,542 | $1,350,000 | $1,328,213 | $21,787 |
| 2017 | $1,531 | $112,068 | $101,399 | $10,669 |
| 2016 | $1,500 | $109,871 | $99,411 | $10,460 |
| 2015 | $1,484 | $108,221 | $97,918 | $10,303 |
| 2014 | $1,450 | $106,102 | $96,000 | $10,102 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Genova
-
Tara Shapiro
Seller's Agent in 2017
Tara Shapiro
Coldwell Banker Realty
(949) 478-7781
6 in this area
92 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP20053277
APN: 423-362-05
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