NOT LISTED FOR SALE

Estimated Value: $3,507,000 - $4,427,000

5 Beds
4.5 Baths
3,833 Sq Ft
$1,020/Sq Ft Est. Value

Last Sold September 09, 2015

Last sale price $1,957,250 $511 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $22,513/month

14 Days on Market

Highlights

  • Views of Trees
  • Living Room with Fireplace
  • Wood Flooring
  • Mariners Elementary School Rated A
  • Traditional Architecture
  • Walk-In Pantry

About This Home

As of September 2015

Impeccable Traditional Home designed with the utmost style and taste. The interior features a spacious and open floor plan. The kitchen equipped with marble countertops, stainless steel appliances, and beautiful cabinetry opens to a bright living room with a fireplace, hardwood floors, recessed lighting, and French doors that overlook a patio with a private yard, a spa and an outdoor wood-burning fireplace. Upstairs there is a common area with built-in desks, perfect for the kids to do their homework, 4 bedrooms plus a separate office, which could be a 5th bedroom, and a spacious master suite with soaring ceilings, an exquisite master bath, and large walk-in closet. This is a true gem located in the Mariners Elementary School district in Newport Beach and close to the shops and restaurants on 17th Street.

Last Agent to Sell the Property

Matthew OKeefe

Compass License #01356816 Listed on: 07/15/2015

Compass

Last Buyer's Agent

Laura Brau

Compass License #01931500

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,833 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Built-In Features
  • Bar
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Views of Trees
  • Alarm System

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Water Purifier
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 117-292-20

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 3833
  • Stories: 2
  • Year Built: 2007
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 5
  • Full Bathroom: 3
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Laundry: Room
  • Total Bathrooms: 5.00
  • Equipment: Alarm System, Built-Ins, Cable, Central Vacuum, Dishwasher, Dryer, Freezer, Garbage Disposal, Gas Or Electric Dryer Hookup, Microwave, Range/Oven, Refrigerator, Washer, Water Filter
  • Price Per S Q F T: 494.39

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 117-292-20
  • Geocode Override: No
  • Lot Size Area: 6098

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2018
Sold by
Herman Michael and Herman Sarah
Bought by
Herman Michael A and Herman Sarah K
Current Estimated Value
$3,909,519

Purchase Details

Listed on
Jul 15, 2015
Closed on
Jul 31, 2015
Sold by
Gaffney Michael
Bought by
Herman Michael and Herman Sarah
Seller's Agent
Matthew OKeefe
Compass
Buyer's Agent
Laura Brau
Compass
List Price
$1,895,000
Sold Price
$1,957,250
Premium/Discount to List
$62,250
3.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.93%
Original Mortgage
$1,565,800
Outstanding Balance
$1,226,446
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$2,683,073

Purchase Details

Closed on
Jan 11, 2013
Sold by
Gaffney Bridget
Bought by
Gaffney Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2006
Sold by
Gaffney Bridget
Bought by
Gaffney Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.56%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 7, 2005
Sold by
Crocker William L
Bought by
Gaffney Michael and Gaffney Bridget

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2003
Sold by
Bauerlein Nancy
Bought by
Crocker William L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2003
Sold by
Crocker William L and Crocker Judine
Bought by
Crocker William L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Herman Michael A -- None Available
Herman Michael $1,957,500 Fidelity National Title
Gaffney Michael -- Lsi Title Company
Gaffney Michael -- Fidelity National Title Co
Gaffney Michael $900,000 Orange Coast Title
Crocker William L -- Ticor Title
Crocker William L -- Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herman Michael $1,565,800
Previous Owner Gaffney Michael $450,000
Previous Owner Gaffney Michael $92,000
Previous Owner Gaffney Michael $500,000
Previous Owner Crocker William L $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2015 09/09/15 Sold $1,957,250 +3.3% $511 / Sq Ft
07/29/2015 07/29/15 Pending -- -- --
07/15/2015 07/15/15 For Sale $1,895,000 -- $494 / Sq Ft
Source: The MLS

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 $24,840 $2,316,983 $1,367,389 $949,594
2024 $24,840 $2,271,552 $1,340,577 $930,975
2023 $24,192 $2,227,012 $1,314,291 $912,721
2022 $23,683 $2,183,346 $1,288,521 $894,825
2021 $23,162 $2,140,536 $1,263,256 $877,280
2020 $22,925 $2,118,588 $1,250,303 $868,285
2019 $22,440 $2,077,048 $1,225,788 $851,260
2018 $21,989 $2,036,322 $1,201,753 $834,569
2017 $21,605 $1,996,395 $1,178,190 $818,205
2016 $21,138 $1,957,250 $1,155,088 $802,162
2015 $17,475 $1,594,121 $700,929 $893,192
2014 $17,397 $1,594,121 $700,929 $893,192
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 15-922429

The MLS

APN: 117-292-20