NOT LISTED FOR SALE

Estimated Value: $3,304,000 - $3,696,000

3 Beds
4.5 Baths
1,990 Sq Ft
$1,732/Sq Ft Est. Value

Last Sold February 13, 2019

Last sale price $2,175,000 $1,093 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $21,061/month

80 Days on Market

Highlights

  • Spa
  • Rooftop Deck
  • Primary Bedroom Suite
  • Newport Elementary School Rated A
  • Bay View
  • 1-minute walk to 38th Street Park

About This Home

As of February 2019

Life is better at the beach! Constructed in 2015 by a renowned local builder, this custom Modern Farmhouse is ideally situated alongside 38th Street Park on the Peninsula, just steps from the sand and the bay. The lower level is perfect for indoor/outdoor entertaining with a spacious great room opening to the front patio through full bi-fold accordion doors. The gourmet kitchen features an oversized center island, marble counters and high end stainless steel appliance package. A gracious master suite is highlighted with a vaulted ceiling, walk-in closet with custom built-ins and a luxurious master bath. Two additional secondary bedrooms offer their own en suite bathrooms. The third level completes this immaculate home with a cozy loft and large rooftop deck with panoramic city light and bay views. Just a short bike ride to some of Newport's best beach shops and restaurants, this pristine property is absolutely move-in ready and waiting to be enjoyed throughout the holiday season.

Last Agent to Sell the Property

Jarrod Frey

Compass License #01236927 Listed on: 10/26/2018

Compass

Co-Listed By

Conor Grosz

Arbor Real Estate License #01953346

Last Buyer's Agent

Jarrod Frey

Compass License #01236927 Listed on: 10/26/2018

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,422

Year Built

  • Built in 2015

Lot Details

  • 1,750 Sq Ft Lot
  • Rectangular Lot

Parking

  • 2 Car Attached Garage

Property Views

  • Bay
  • City Lights

Interior Spaces

  • 1,990 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Loft
  • Center Hall
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Separate Shower

Outdoor Features

  • Spa
  • Rooftop Deck
  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Newport Island Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 670
  • Assessor Parcel Number 42336207

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,422

Year Built

Built in 2015

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Newport Island (NEWI)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42336207
  • Year Built: 2015
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1990.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Open Floorplan, Recessed Lighting, Stone Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Family Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1092.96
  • Room Type: All Bedrooms Up, Center Hall, Family Room, Kitchen, Laundry, Loft, Master Suite, Walk-In Closet
  • Spa Features: Private
  • Bathroom Features: Bathtub, Double Sinks In Master Bath, Separate Tub And Shower, Stone Counters
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Stone Counters

Exterior Features

  • Patio: Yes
  • View: Bay, City Lights
  • Patio And Porch Features: Patio, Roof Top
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Microwave, Refrigerator
  • Heating Type: Central, Fireplace(s)
  • 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: Curbs, Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 1750.00
  • Lot Size Acres: 0.0402

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1750.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 635.00
  • Tax Lot: 3
  • Tax Tract Number: 670

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2018
Closed on
Feb 4, 2019
Sold by
Swaner Mollie Baker Merchant
Bought by
Swaner Gary K
Seller's Agent
Jarrod Frey
Compass
Buyer's Agent
Jarrod Frey
Compass
List Price
$2,549,000
Sold Price
$2,175,000
Premium/Discount to List
-$374,000
-14.67%
Current Estimated Value
$3,429,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,254,884
Avg. Annual Appreciation
7.57%

Purchase Details

Listed on
Oct 26, 2018
Closed on
Jan 29, 2019
Sold by
Miller Thomas Glenn and Miller Eileen Marie
Bought by
Swaner Gary K
Seller's Agent
Jarrod Frey
Compass
Buyer's Agent
Jarrod Frey
Compass
List Price
$2,549,000
Sold Price
$2,175,000
Premium/Discount to List
-$374,000
-14.67%

Purchase Details

Listed on
Oct 16, 2015
Closed on
Dec 15, 2015
Sold by
3604 Park Lane Investors Llc
Bought by
Miller Family Trust
Seller's Agent
Ty Loosmore
South Coast Realty
Buyer's Agent
Jarrod Frey
Compass
List Price
$2,199,000
Sold Price
$2,025,000
Premium/Discount to List
-$174,000
-7.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.32%
Original Mortgage
$1,620,000
Interest Rate
3.25%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 28, 2014
Closed on
Oct 7, 2014
Sold by
Kauppi Frederick J and Sotelo Edward S
Bought by
3604 Park Lane Investors Llc
Seller's Agent
Dominic Tucci
Pacific Sotheby's Int'l Realty
Buyer's Agent
Allen Kirschbaum
Saddleback Rlty & Mortgage
List Price
$1,135,000
Sold Price
$1,025,000
Premium/Discount to List
-$110,000
-9.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
87.84%
Original Mortgage
$1,137,000
Interest Rate
3.92%
Mortgage Type
Construction

Purchase Details

Closed on
May 8, 2012
Sold by
Dory William R
Bought by
Kauppi Frederick J and Sotelo Edward S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
3.98%
Mortgage Type
Commercial

Purchase Details

Closed on
May 27, 2003
Sold by
Sotelo Edward S
Bought by
Kauppi Frederick J and Dory William R

Purchase Details

Closed on
May 21, 2003
Sold by
Dory William R and Dory Rolla
Bought by
Kauppi Frederick J and Dory William R

Purchase Details

Closed on
May 3, 2002
Sold by
Sotelo Colleen A
Bought by
Sotelo Edward S

Purchase Details

Closed on
Feb 4, 2000
Sold by
Dory William Ronald
Bought by
Dory William R and Dory Rolla
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
Swaner Gary K -- Chicago Title Company
Swaner Gary K $2,175,000 Chicago Title Company
Miller Family Trust $2,025,000 Equity Title Company
3604 Park Lane Investors Llc $1,025,000 Equity Title Company
Kauppi Frederick J $135,000 Orange Coast Title Company
Kauppi Frederick J -- United Title Company
Kauppi Frederick J -- United Title Company
Dory William R -- United Title Company
Sotelo Edward S -- --
Dory William R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Family Trust $1,620,000
Previous Owner 3604 Park Lane Investors Llc $1,137,000
Previous Owner Kauppi Frederick J $39,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2019 02/13/19 Sold $2,175,000 -9.3% $1,093 / Sq Ft
01/14/2019 01/14/19 Pending -- -- --
01/07/2019 01/07/19 Price Changed $2,399,000 -3.8% $1,206 / Sq Ft
12/01/2018 12/01/18 Price Changed $2,495,000 -2.1% $1,254 / Sq Ft
10/26/2018 10/26/18 For Sale $2,549,000 +25.9% $1,281 / Sq Ft
12/31/2015 12/31/15 Sold $2,025,000 -7.9% $1,066 / Sq Ft
11/24/2015 11/24/15 Pending -- -- --
10/16/2015 10/16/15 For Sale $2,199,000 +114.5% $1,157 / Sq Ft
12/01/2014 12/01/14 Sold $1,025,000 -6.7% $861 / Sq Ft
08/19/2014 08/19/14 Pending -- -- --
07/21/2014 07/21/14 Price Changed $1,099,000 -3.2% $924 / Sq Ft
06/28/2014 06/28/14 For Sale $1,135,000 0.0% $954 / Sq Ft
01/07/2013 01/07/13 Rented $1,650 0.0% --
01/07/2013 01/07/13 Under Contract -- -- --
01/01/2013 01/01/13 For Rent $1,650 -- --
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
2024 $25,422 $2,378,678 $1,817,097 $561,581
2023 $24,827 $2,332,038 $1,781,468 $550,570
2022 $24,415 $2,286,312 $1,746,537 $539,775
2021 $23,948 $2,241,483 $1,712,291 $529,192
2020 $23,718 $2,218,500 $1,694,734 $523,766
2019 $23,088 $2,161,817 $1,680,929 $480,888
2018 $22,628 $2,119,429 $1,647,970 $471,459
2017 $22,228 $2,077,872 $1,615,657 $462,215
2016 $21,601 $2,025,000 $1,583,978 $441,022
2015 $11,296 $1,025,000 $981,943 $43,057
2014 -- $387,602 $353,648 $33,954
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18256266

California Regional Multiple Listing Service (CRMLS)

APN: 423-362-07