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 Neighborhood
3
Beds
2
Baths
1,016
Sq Ft
1,750
Sq Ft Lot
Highlights
- Ocean View
- Corner Lot
- Galley Kitchen
- Newport Elementary School Rated A
- No HOA
- 1-minute walk to 38th Street Park
About This Home
As of July 2020Bring your imagination and let it run wild! Vintage beach cottage on a sunny, R1 corner lot overlooking the 38th Street Park and affording views to the sand. Sited on a prime parcel between the meandering bay canals and the West Newport shore-break, this cottage represents an ideal spot to construct your dream beach house. Property is being sold as a tear down and in “As Is” condition. A great opportunity for an Investor, Builder, or End User/Enjoyer! An easy walk to shopping, restaurants, the new Lido House Hotel and the chic Lido Village promenade. Be a part of the Balboa Peninsula revival!
Last Agent to Sell the Property
Coldwell Banker Realty License #01892201 Listed on: 09/01/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,576
Year Built
- Built in 1910
Lot Details
- 1,750 Sq Ft Lot
- Lot Dimensions are 25x70
- Corner Lot
- Value in Land
Parking
- On-Street Parking
Property Views
- Ocean
- Peek-A-Boo
- Park or Greenbelt
- Neighborhood
Interior Spaces
- 1,016 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Carpet
- Galley Kitchen
- Laundry Room
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Schools
- Newport Elementary School
- Ensign Middle School
- Newport Harbor High School
Additional Features
- Exterior Lighting
- Urban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 1 / 136
- Tax Tract Number 670
- Assessor Parcel Number 42336205
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
10.64%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | California Title Company | |
| Grant Deed | $1,635,000 | Chicago Title | |
| Grant Deed | $1,350,000 | Chicago Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,235,000 | New Conventional | |
| Closed | $1,235,000 | Commercial |
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: NP17202960
APN: 423-362-05
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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