Seller's Agent in 2021
Steve Ambuehl
Ricci Realty
(714) 612-4398
2 in this area
71 Total Sales
3700 Park Ln Newport Beach, CA 92663
West Newport Beach NeighborhoodEstimated Value: $2,424,000 - $3,236,000
2
Beds
1.5
Baths
1,426
Sq Ft
$2,001/Sq Ft
Est. Value
Highlights
- Ocean View
- Across the Road from Lake or Ocean
- Open Floorplan
- Newport Elementary School Rated A
- Updated Kitchen
- 1-minute walk to 38th Street Park
About This Home
As of February 2021This move-in ready remodeled beach home is steps away from the canal and 1.5 blocks from the beach on a prime corner lot. As you enter the house you will love the open, bright rooms with vaulted, tongue and groove ceilings and recessed lighting. Downstairs has a living area, dining room, kitchen and ½ bathroom. The kitchen has black granite countertops, custom cabinets with soft close doors and a new Viking range. The ground floor has beautiful white washed oak floors, a used brick fireplace and a bay window in the living room. Open the sliding glass door and hang out on your front porch overlooking the park and enjoy the views. The upstairs master bedroom has vaulted ceilings, walk-in closet and a private deck overlooking the canal. The upstairs bathroom has been remodeled and has a bathtub and separate shower. The second bedroom is being used as an open office/den with custom cabinets and has a sliding glass door out to a private deck with partial ocean views. The property has a newer roof, double-paned windows and the exterior was repainted last year. This house has many upgrades including plantation shutters, recessed lighting and has been lovingly maintained. Park in your two car garage with direct access to the house. All this and just walking distance to Lido House Hotel, Lido Marina Village, Newport Pier, boardwalk, shopping and restaurants...all part of the Balboa Peninsula. Without a doubt, this is a must see in Newport Beach.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,097
Year Built
- Built in 1994 | Remodeled
Lot Details
- 1,750 Sq Ft Lot
- Wood Fence
- Brick Fence
- Drip System Landscaping
- Corner Lot
- Front Yard Sprinklers
Parking
- 2 Car Direct Access Garage
- Parking Storage or Cabinetry
- Parking Available
- Rear-Facing Garage
- Single Garage Door
- Garage Door Opener
- Brick Driveway
Property Views
- Ocean
- Coastline
- Peek-A-Boo
- Canal
- Neighborhood
Home Design
- Cottage
- Bungalow
- Turnkey
- Brick Exterior Construction
- Composition Roof
- Wood Siding
Interior Spaces
- 1,426 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Wired For Sound
- Built-In Features
- Crown Molding
- Wainscoting
- Beamed Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Recessed Lighting
- Track Lighting
- Raised Hearth
- Gas Fireplace
- Double Pane Windows
- Insulated Windows
- Plantation Shutters
- Custom Window Coverings
- Window Screens
- Sliding Doors
- Panel Doors
- Family Room Off Kitchen
- Living Room with Fireplace
- Combination Dining and Living Room
- Home Office
- Storage
- Wood Flooring
- Pull Down Stairs to Attic
Kitchen
- Eat-In Galley Kitchen
- Updated Kitchen
- Open to Family Room
- Breakfast Bar
- Gas Oven
- Six Burner Stove
- Built-In Range
- Free-Standing Range
- Range Hood
- Ice Maker
- Water Line To Refrigerator
- Dishwasher
- Granite Countertops
- Pots and Pans Drawers
- Self-Closing Drawers
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- All Upper Level Bedrooms
- Converted Bedroom
- Walk-In Closet
- Remodeled Bathroom
- Stone Bathroom Countertops
- Bathtub
- Separate Shower
- Exhaust Fan In Bathroom
- Linen Closet In Bathroom
Laundry
- Laundry Room
- Laundry in Garage
- Washer and Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Balcony
- Deck
- Patio
- Exterior Lighting
- Rain Gutters
- Front Porch
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
- Forced Air Heating System
- High Efficiency Heating System
- Vented Exhaust Fan
- High-Efficiency Water Heater
- Gas Water Heater
- Central Water Heater
- Water Softener
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 1 / 137
- Tax Tract Number 670
- Assessor Parcel Number 42336105
Community Details
Overview
- No Home Owners Association
- West Newport Beach Subdivision
Recreation
- Park
- Water Sports
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 13, 2020
Closed on
Mar 3, 2021
Sold by
Ajabi Laila Ann
Bought by
Ajabi Laila Ann and Laila Ann Tr Under Declaration
Seller's Agent
Steve Ambuehl
Ricci Realty
Buyer's Agent
Laila Ajabi
Rodeo Realty
List Price
$1,810,000
Sold Price
$1,675,000
Premium/Discount to List
-$135,000
-7.46%
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
$1,178,823
Avg. Annual Appreciation
12.91%
Original Mortgage
$822,375
Outstanding Balance
$741,614
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$2,158,629
Purchase Details
Listed on
Nov 13, 2020
Closed on
Jan 8, 2021
Sold by
Cachat Renee M and The Renee M Cachat Trust
Bought by
Ajabi Hossein G and Ajabi Cynthia A
Seller's Agent
Steve Ambuehl
Ricci Realty
Buyer's Agent
Laila Ajabi
Rodeo Realty
List Price
$1,810,000
Sold Price
$1,675,000
Premium/Discount to List
-$135,000
-7.46%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$822,375
Outstanding Balance
$741,614
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$2,158,629
Purchase Details
Closed on
Oct 17, 2018
Sold by
Cachat Renee M
Bought by
Cachat Renee M
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
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 5, 2018
Sold by
Cachat Renee M
Bought by
Cachat Renee M and Renee M Cachat Trust
Purchase Details
Closed on
Apr 16, 2003
Sold by
Hayes John William and Hayes Georgianna M
Bought by
Cachat Kenneth L and Cachat Renee M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$644,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Ajabi Laila Ann | -- | None Available | |
| Ajabi Hossein G | $1,675,000 | Lawyers Title Company | |
| Cachat Renee M | -- | Old Republic Title Co | |
| Cachat Renee M | -- | None Available | |
| Cachat Kenneth L | $805,000 | California Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ajabi Hossein G | $822,375 | |
| Previous Owner | Cachat Renee M | $500,000 | |
| Previous Owner | Cachat Kenneth L | $484,800 | |
| Previous Owner | Cachat Kenneth L | $571,864 | |
| Previous Owner | Cachat Kenneth L | $644,000 | |
| Previous Owner | Hayes Georgianna M | $275,000 | |
| Previous Owner | Hayes John William | $75,000 | |
| Previous Owner | Hayes John William | $277,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/19/2021 02/19/21 | Sold | $1,675,000 | -7.5% | $1,175 / Sq Ft |
| 01/07/2021 01/07/21 | Pending | -- | -- | -- |
| 11/13/2020 11/13/20 | For Sale | $1,810,000 | -- | $1,269 / 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 | $19,097 | $1,813,073 | $1,670,152 | $142,921 |
| 2024 | $19,097 | $1,777,523 | $1,637,404 | $140,119 |
| 2023 | $18,648 | $1,742,670 | $1,605,298 | $137,372 |
| 2022 | $18,338 | $1,708,500 | $1,573,821 | $134,679 |
| 2021 | $4,926 | $440,561 | $209,323 | $231,238 |
| 2020 | $4,877 | $436,044 | $207,177 | $228,867 |
| 2019 | $4,781 | $427,495 | $203,115 | $224,380 |
| 2018 | $4,687 | $419,113 | $199,132 | $219,981 |
| 2017 | $4,604 | $410,896 | $195,228 | $215,668 |
| 2016 | $4,502 | $402,840 | $191,400 | $211,440 |
| 2015 | $4,456 | $396,789 | $188,525 | $208,264 |
| 2014 | $4,351 | $389,017 | $184,832 | $204,185 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Ambuehl
-
Laila Ajabi
Buyer's Agent in 2021
Laila Ajabi
Rodeo Realty
(818) 482-4635
1 in this area
29 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20237691
APN: 423-361-05
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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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