Seller's Agent in 2021
Artie Dorr
Balboa Realty
(949) 500-9832
2 in this area
28 Total Sales
3614 Park Ln Newport Beach, CA 92663
West Newport Beach NeighborhoodEstimated Value: $1,792,000 - $2,451,000
2
Beds
1
Bath
726
Sq Ft
$3,000/Sq Ft
Est. Value
Highlights
- Property has ocean access
- Across the Road from Lake or Ocean
- City Lights View
- Newport Elementary School Rated A
- Ocean Side of Highway 1
- 1-minute walk to 38th Street Park
About This Home
As of August 2021Attention Builders - Excellent Central Balboa Peninsula Location, on low-traffic street. Easy access on and off the peninsula via PCH and Newport Blvd. A fantastic opportunity for an investor, builder, or end user to lock up one of the better lots in West Newport (2334 sqft). One block away from the beach, one house from the canals surrounding Newport Island, and a short walk away from some of the best restaurants in the area, this 2 bed 1 bath vintage beach cottage includes interior features like a galley kitchen, fireplace, and laundry inside the space. Sizeable driveway with a single car garage included in the layout. The property is being sold “as is” and is currently occupied by tenants paying $3500 a month in rent. The lease in place is month to month allowing flexibility for any purchaser. Be a part of the Balboa Peninsula revival at a lot-value price point.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,765
Year Built
- Built in 1910
Lot Details
- 2,334 Sq Ft Lot
- Private Yard
Parking
- 1 Car Garage
- 1 Open Parking Space
- Parking Available
- Combination Of Materials Used In The Driveway
Home Design
- Fixer Upper
- Raised Foundation
Interior Spaces
- 726 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Double Pane Windows
- Living Room with Fireplace
- Vinyl Flooring
- City Lights Views
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
- Walk-in Shower
Laundry
- Laundry Room
- Laundry in Kitchen
Outdoor Features
- Property has ocean access
- Beach Access
- Ocean Side of Highway 1
- Patio
- Front Porch
Location
- Across the Road from Lake or Ocean
- Property is near a park
- Urban Location
Schools
- Newport Elementary School
- Ensign Middle School
- Newport Harbor High School
Utilities
- Cooling System Mounted To A Wall/Window
- Zoned Cooling
- Wall Furnace
Listing and Financial Details
- Legal Lot and Block 6 / 136
- Tax Tract Number 670
- Assessor Parcel Number 42336210
Community Details
Overview
- No Home Owners Association
- West Newport Beach Subdivision
Recreation
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 10, 2021
Closed on
Jul 12, 2021
Sold by
Pedersen Sharon A and Raymond M Pedersen Family Trus
Bought by
Olson David Rolf and David Rolf Olson Trust
Seller's Agent
Artie Dorr
Balboa Realty
Buyer's Agent
Kristin Halton
Douglas Elliman Of California
List Price
$1,500,000
Sold Price
$1,550,000
Premium/Discount to List
$50,000
3.33%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$627,956
Avg. Annual Appreciation
9.60%
Original Mortgage
$1,125,000
Outstanding Balance
$1,022,231
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$1,228,672
Purchase Details
Listed on
Jun 10, 2021
Closed on
Jun 23, 2021
Sold by
Francesca Zoe and Pedersen Roderick
Bought by
Francesca Zoe and Pedersen Roderick
Seller's Agent
Artie Dorr
Balboa Realty
Buyer's Agent
Kristin Halton
Douglas Elliman Of California
List Price
$1,500,000
Sold Price
$1,550,000
Premium/Discount to List
$50,000
3.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Outstanding Balance
$1,022,231
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$1,228,672
Purchase Details
Closed on
Apr 30, 2021
Sold by
Pedersen Roderick A and The Shirley L Pedersen Family
Bought by
Pedersen Roderick A and Pedersen Caitlynn E
Purchase Details
Closed on
Nov 1, 2018
Sold by
Stegmuller Sharon A
Bought by
Stegmuller Sharon A and The Caitlynn Trust
Purchase Details
Closed on
May 5, 2017
Sold by
Pedersen Roderick A
Bought by
Francesca Zoe and Pedersen Roderick
Purchase Details
Closed on
Dec 14, 1998
Sold by
Pedersen Shirley L
Bought by
Pederson Shirley L and Shirley L Pederson Family Trust
Purchase Details
Closed on
Jan 4, 1996
Sold by
Pedersen Ronald A
Bought by
Pedersen Shirley L
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 |
|---|---|---|---|
| Olson David Rolf | $1,512,500 | First American Title Company | |
| Francesca Zoe | -- | First Amer Ttl Co Res Div | |
| Pedersen Roderick A | -- | None Available | |
| Stegmuller Sharon A | -- | None Available | |
| Stegmuller Sharon A | -- | None Available | |
| Francesca Zoe | -- | None Available | |
| Pederson Shirley L | -- | -- | |
| Pedersen Shirley L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Olson David Rolf | $1,125,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/05/2021 08/05/21 | Sold | $1,550,000 | +3.3% | $2,135 / Sq Ft |
| 07/05/2021 07/05/21 | Pending | -- | -- | -- |
| 06/10/2021 06/10/21 | For Sale | $1,500,000 | -- | $2,066 / 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 | $13,765 | $1,296,268 | $956,954 | $339,314 |
| 2024 | $13,765 | $1,270,851 | $938,190 | $332,661 |
| 2023 | $13,441 | $1,245,933 | $919,794 | $326,139 |
| 2022 | $13,216 | $1,512,500 | $1,491,756 | $20,744 |
| 2021 | $3,261 | $275,351 | $264,174 | $11,177 |
| 2020 | $3,230 | $272,528 | $261,465 | $11,063 |
| 2019 | $3,169 | $267,185 | $256,338 | $10,847 |
| 2018 | $3,109 | $261,947 | $251,312 | $10,635 |
| 2017 | $3,055 | $256,811 | $246,384 | $10,427 |
| 2016 | $2,990 | $251,776 | $241,553 | $10,223 |
| 2015 | $2,960 | $247,995 | $237,925 | $10,070 |
| 2014 | $2,891 | $243,138 | $233,265 | $9,873 |
Source: Public Records
Agents Affiliated with this Home
-
Artie Dorr
-
Alex Batley
Seller Co-Listing Agent in 2021
Alex Batley
Balboa Realty
(949) 293-4629
1 in this area
15 Total Sales
-
Kristin Halton
Buyer's Agent in 2021
Kristin Halton
Douglas Elliman Of California
(949) 433-3634
3 in this area
75 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP21124835
APN: 423-362-10
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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