NOT LISTED FOR SALE

400 38th St Newport Beach, CA 92663

West Newport Beach Neighborhood

Estimated Value: $3,631,479 - $6,116,000

3 Beds
2 Baths
1,370 Sq Ft
$3,467/Sq Ft Est. Value

Last Sold May 22, 2015

Last sale price $2,465,000 $1,799 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $27,653/month

Highlights

  • Marina
  • White Water Ocean Views
  • Private Dock Site
  • Newport Elementary School Rated A
  • Property has ocean access
  • 2-minute walk to 38th Street Park

About This Home

As of May 2015

Don't miss this rare to the market 3 bedroom cottage with a beautifully upgraded interior on the water with a boat dock! The main floor of this home has a large great room with fireplace overlooking a large private outdoor patio that sits on the canal that surrounds the island. The kitchen is upgraded with granite counters and newer appliances. There are 2 large bedrooms on the main level, one is set up as an office but is easily switched back. The 2 car, 485 sq foot garage is included in the building sq. footage. It is very clean with lots of space. You can fit one large car in the driveway just outside the garage, or 2 small ones and another car can fit horizontally in front of the driveway. Hence, this home can park up to 5 cars. The second floor is the master suite with its own private bathroom with beautiful water and canal views. Should you wish to expand the square footage there are options to do so without rebuilding the home. Do not miss this opportunity to own a home on an island in one of the best areas of the country!

Last Agent to Sell the Property

Sean Jarne

First Team Real Estate License #01447010 Listed on: 04/29/2015

First Team Real Estate

Last Buyer's Agent

Sean Jarne

First Team Real Estate License #01447010 Listed on: 04/29/2015

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,881

Year Built

  • Built in 1951

Lot Details

  • 3,049 Sq Ft Lot
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • Southeast Facing Home
  • Masonry wall
  • Brick Fence
  • Stucco Fence
  • Fence is in excellent condition
  • Corner Lot
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Corners Of The Lot Have Been Marked
  • Flag Lot
  • Sprinkler System
  • Back Yard

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway

Property Views

  • White Water Ocean
  • Marina
  • Bay
  • Harbor
  • Bridge
  • City Lights
  • Canal

Home Design

  • Traditional Architecture
  • Modern Architecture
  • Cottage
  • Entry on the 1st floor
  • Turnkey
  • Brick Exterior Construction
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Synthetic Roof
  • Wood Siding
  • Stone Siding
  • Steel Beams
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 1,370 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Beamed Ceilings
  • Brick Wall or Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Track Lighting
  • Awning
  • Drapes & Rods
  • Wood Frame Window
  • Double Door Entry
  • French Doors
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Gas Cooktop
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Corian Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Private Dock Site
  • Docks
  • Ocean Side of Highway 1
  • Brick Porch or Patio
  • Exterior Lighting
  • Shed
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Vented Exhaust Fan
  • 220 Volts in Garage
  • Gas Water Heater
  • Sewer Paid

Additional Features

  • Doors swing in
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 1 / 1
  • Tax Tract Number 164
  • Assessor Parcel Number 42307309

Community Details

Overview

  • No Home Owners Association

Recreation

  • Marina
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,881

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Architectural Style: Cottage, Modern, Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42307309
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1370.00
  • Interior Amenities: Beamed Ceilings, Brick Walls, Ceiling Fan(s), Corian Counters, Crown Molding, Granite Counters, Living Room Deck Attached, Recessed Lighting, Track Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: Doors - Swing In
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Double Door Entry, French Doors
  • Eating Area: Breakfast Nook, Family Kitchen, In Living Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 1799.27
  • Room Type: Family Room, Great Room, Living Room, Master Bedroom, Main Floor Bedroom, Master Suite
  • Window Features: Drapes, Wood Frames

Exterior Features

  • Patio: Yes
  • Direction Faces: Southeast
  • Foundation: Slab
  • Other Structures: Shed(s)
  • Exterior Features: Awning(s), Barbecue Private, Dock Private, Lighting, Rain Gutters
  • View: Bay, Bridge(s), City Lights, Canal, Harbor, Marina, Ocean, Water, White Water
  • Fence: Yes
  • Fencing: Brick, Masonry, Stucco Wall, Excellent Condition
  • Patio And Porch Features: Brick, Concrete, Patio, Slab, Stone
  • Pool Private: No
  • Roof: Composition, Synthetic
  • Spa: No
  • Construction Materials: Block, Brick, Concrete, Drywall Walls, Stucco, Steel, Stone, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Direct Garage Access, Garage, On Site
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Sewer Connected, Sewer Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Range Hood, Ice Maker, Microwave, Vented Exhaust Fan
  • Electric: 220 Volts in Garage, 220 Volts in Laundry, Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup, Gas & Electric Dryer Hookup, Inside, Individual Room, Washer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Storm Drains, Suburban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Back Yard, Corners Marked, Flag Lot, Rectangular Lot, Level with Street, Paved, Corner Lot, Sprinkler System
  • Lot Size Sq Ft: 3049.00
  • Lot Size Acres: 0.0700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3049.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Beach Access, Canal Front, Fishing in Community, Includes Dock, Marina in Community, Navigable Water, Ocean Access, Ocean Side Of Highway 1, Ocean Side of Freeway

Tax Info

  • Tax Block: 1
  • Tax Lot: 1
  • Tax Tract Number: 164

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2015
Closed on
Apr 1, 2015
Sold by
Ferazzoli Pasquale Anthony
Bought by
Evans Nancy I
Seller's Agent
Sean Jarne
First Team Real Estate
Buyer's Agent
Sean Jarne
First Team Real Estate
List Price
$2,645,000
Sold Price
$2,465,000
Premium/Discount to List
-$180,000
-6.81%
Current Estimated Value
$4,749,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,284,120
Avg. Annual Appreciation
6.82%
Original Mortgage
$625,500
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 29, 2015
Closed on
Mar 23, 2015
Sold by
Evans Nancy I
Bought by
Mycorn Barry N and Barry N Mycorn Trust
Seller's Agent
Sean Jarne
First Team Real Estate
Buyer's Agent
Sean Jarne
First Team Real Estate
List Price
$2,645,000
Sold Price
$2,465,000
Premium/Discount to List
-$180,000
-6.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2011
Sold by
Evans Nancy
Bought by
Evans Nancy I and Blandi Evans Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2011
Sold by
Evans Nancy
Bought by
Evans Nancy I and Blandi Evans Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2007
Sold by
Evans Nancy
Bought by
Evans Nancy I and The Blandi Evans Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 1996
Sold by
Blandi Ross T and Evans Nancy I
Bought by
Evans Nancy I and The Blandi Evans Family Trust
Source: Public Records

Range of Values:

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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
Evans Nancy I -- First American Title Company
Evans Nancy I -- First American Title Company
Mycorn Barry N $2,465,000 Western Resources Title Co
Evans Nancy I -- None Available
Evans Nancy -- Fidelity National Title
Evans Nancy I -- Pacific Coast Title Company
Evans Nancy -- Pacific Coast Title Company
Evans Nancy I -- Chicago Title Co
Evans Nancy -- Chicago Title Co
Evans Nancy I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Evans Nancy I $625,500
Previous Owner Mycorn Barry N $1,500,000
Previous Owner Evans Nancy $378,000
Previous Owner Evans Nancy $381,000
Previous Owner Evans Nancy $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2015 05/22/15 Sold $2,465,000 -6.8% $1,799 / Sq Ft
04/29/2015 04/29/15 Pending -- -- --
04/29/2015 04/29/15 For Sale $2,645,000 -- $1,931 / Sq Ft
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
2025 $30,881 $2,962,556 $2,806,909 $155,647
2024 $30,881 $2,904,467 $2,751,871 $152,596
2023 $30,157 $2,847,517 $2,697,913 $149,604
2022 $29,657 $2,791,684 $2,645,013 $146,671
2021 $29,087 $2,736,946 $2,593,150 $143,796
2020 $28,807 $2,708,882 $2,566,560 $142,322
2019 $28,207 $2,655,767 $2,516,235 $139,532
2018 $27,643 $2,603,694 $2,466,897 $136,797
2017 $27,153 $2,552,642 $2,418,527 $134,115
2016 $26,540 $2,502,591 $2,371,105 $131,486
2015 $11,407 $1,055,169 $984,987 $70,182
2014 $11,137 $1,034,500 $965,692 $68,808
Source: Public Records

Agents Affiliated with this Home

  • Sean Jarne

    Seller's Agent in 2015

    Sean Jarne

    First Team Real Estate

    (949) 929-8707

    1 in this area

    68 Total Sales

    Sean Jarne
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG15090361

California Regional Multiple Listing Service (CRMLS)

APN: 423-073-09

California Orange County Newport Beach 92663 West Newport Beach

400 38th St, Newport Beach, CA

This home is located at 400 38th St, Newport Beach, CA 92663 since 29 April 2015 and is currently estimated at $4,749,120, approximately $3,466 per square foot. This property was built in 1951. 400 38th St is a home located in Orange County with nearby schools including Newport Elementary School, Horace Ensign Intermediate School, and Newport Harbor High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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