Seller's Agent in 2020
Tim Smith
Coldwell Banker Realty
(949) 717-4711
23 in this area
697 Total Sales
3902 Channel Place Newport Beach, CA 92663
West Newport Beach NeighborhoodEstimated Value: $6,140,000 - $9,081,000
3
Beds
4.5
Baths
2,547
Sq Ft
$3,097/Sq Ft
Est. Value
Highlights
- Property has ocean access
- Private Dock Site
- Cabana
- Newport Elementary School Rated A
- Home fronts a seawall
- 4-minute walk to 38th Street Park
About This Home
As of October 2020One of 3 exquisite new-construction residences, each with private dock (fitting an appx. 40’ boat), by highly sought-after builder, Patterson Custom Homes, on the waterfront of Newport Island. Designed by Brandon Architects with interior design plans by Blackband Design, the 3-bedroom, 4.5 bathroom estate showcases open-concept living with a Cabo-meets-Santa Barbara style aesthetic. As is customary of Patterson Custom Homes, the residence encompasses state-of the-art technology including Home Automation with lighting, audio and video surveillance integrations. Patterson’s commitment to excellence is evident in the master craftsmanship deployed at every step of construction as well as the 2 years of Platinum Level Custom Home Care promised with the project. This one-of-a-kind white glove service will free you from the time, hassle and energy needed to keep up with the routine maintenance needs of your new custom home.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $63,761
Year Built
- Built in 2020 | New Construction
Lot Details
- 2,960 Sq Ft Lot
- Home fronts a seawall
- Home fronts navigable water
- Property Fronts a Bay or Harbor
- Rectangular Lot
Parking
- 2 Car Attached Garage
- Parking Available
Home Design
- Custom Home
Interior Spaces
- 2,547 Sq Ft Home
- 3-Story Property
- Elevator
- Open Floorplan
- Wet Bar
- Recessed Lighting
- Sliding Doors
- Entryway
- Great Room with Fireplace
- Family Room Off Kitchen
- Bonus Room
- Storage
- Harbor Views
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Kitchen Island
- Built-In Trash or Recycling Cabinet
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Dual Vanity Sinks in Primary Bathroom
- Bathtub
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on upper level
Home Security
- Alarm System
- Smart Home
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Outdoor Features
- Cabana
- Property has ocean access
- Private Dock Site
- Docks
- Ocean Side of Highway 1
- Balcony
- Rooftop Deck
- Patio
- Fire Pit
- Exterior Lighting
Location
- Property is near a park
Schools
- Newport Elementary School
- Ensign Middle School
- Newport Harbor High School
Utilities
- Two cooling system units
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Built by Patterson Custom Homes
- Newport Island Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 21, 2020
Sold by
3900 Channel Place 4 Llc
Bought by
Mccarthy Gerald and Mccarthy Jan
Current Estimated Value
Purchase Details
Closed on
Nov 6, 2018
Sold by
3900 Channel Place 1 Llc
Bought by
3900 Channel Place 3 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,666,666
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 1, 1998
Sold by
Edwards Bernice Evelyn
Bought by
Edwards Bernice E
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 |
|---|---|---|---|
| Mccarthy Gerald | $5,675,000 | Lawyers Title | |
| 3900 Channel Place 3 Llc | -- | Lawyers Title | |
| 3900 Channel Place 2 Llc | -- | Lawyers Title | |
| Edwards Bernice E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 3900 Channel Place 2 Llc | $1,666,666 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/23/2020 10/23/20 | Sold | $5,675,000 | -7.7% | $2,228 / Sq Ft |
| 08/20/2020 08/20/20 | Pending | -- | -- | -- |
| 08/20/2020 08/20/20 | For Sale | $6,149,000 | -- | $2,414 / 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 | $63,761 | $6,142,802 | $4,908,804 | $1,233,998 |
| 2024 | $63,761 | $6,022,355 | $4,812,553 | $1,209,802 |
| 2023 | $62,275 | $5,904,270 | $4,718,189 | $1,186,081 |
| 2022 | $61,250 | $5,788,500 | $4,625,675 | $1,162,825 |
| 2021 | $60,073 | $5,675,000 | $4,534,975 | $1,140,025 |
| 2020 | $21,216 | $1,733,842 | $1,733,842 | $0 |
| 2019 | $17,886 | $1,699,846 | $1,699,846 | $0 |
| 2018 | $5,460 | $485,710 | $376,169 | $109,541 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Smith
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP20170910
APN: 423-061-11
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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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