NOT LISTED FOR SALE

Estimated Value: $5,729,914 - $7,143,000

3 Beds
4 Baths
2,487 Sq Ft
$2,513/Sq Ft Est. Value

Last Sold September 25, 2023

Last sale price $7,195,000 $2,893 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $38,905/month

38 Days on Market

Highlights

  • Ocean View
  • Private Dock Site
  • Under Construction
  • Newport Elementary School Rated A
  • Home fronts a seawall
  • 4-minute walk to 38th Street Park

About This Home

As of September 2023

Nearly completed by Thomas James Homes, this stunning waterfront opportunity is perfectly situated in the coveted Newport Island community. This three bed four and a half bath modern home combines spacious indoor-outdoor living, direct harbor access and peek-a-boo ocean views from the upper deck. On the main level of the home, you are greeted with an open kitchen, dining room, and living area and floor-to-ceiling collapsible doors leading to the private waterfront patio and dock. Take the grand staircase up through the center of the home while plenty of natural light flows in from the two story windows or, for added convenience, each level is accessible by private elevator. On the second floor you will find two guest bedrooms each with ensuite bathrooms, a laundry room, office, and the grand suite. In the spacious grand suite you will find the primary bath with a soaking tub, walk in shower, dual vanities, and walk in closet. Head on up to the third floor and relax in the media room or step out to one of the two roof decks to entertain family and friends- the front deck affords coastline and sunset views while the rear deck provides views of the harbor. Don't miss this rare opportunity to make this home your own.

Last Agent to Sell the Property

Tyler Brown

Compass License #02043514 Listed on: 07/21/2023

Compass

Last Buyer's Agent

Bryn Hutchinson

Re/Max Property Connection License #01323890

Re/Max Property Connection

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,189

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 3,420 Sq Ft Lot
  • Home fronts a seawall
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • South Facing Home
  • Wood Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Property Views

  • Ocean
  • Bay
  • Canal

Home Design

  • Modern Architecture
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2,487 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Entryway
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Home Office
  • Bonus Room
  • Storage
  • Wood Flooring
  • Fire Sprinkler System

Kitchen

  • Open to Family Room
  • Gas Oven
  • Gas Range
  • Range Hood
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 4 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Accessible Home Design

  • Doors are 32 inches wide or more
  • Accessible Parking

Outdoor Features

  • Private Dock Site
  • Rooftop Deck
  • Open Patio
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • Built by Thomas James Homes
  • Newport Island Subdivision

Listing and Financial Details

  • Legal Lot and Block 8 / 441
  • Tax Tract Number 164
  • Assessor Parcel Number 42305108
  • $369 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,189

Year Built

Built in 2023 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Fire Sprinkler System
  • Subdivision Name Other: Newport Island (NEWI)
  • View: Yes
  • Zoning: R-1
  • Architectural Style: Modern
  • New Construction: Yes
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42305108
  • Year Built: 2023
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 2487.00 Square Feet
  • Interior Amenities: Elevator, High Ceilings, Open Floorplan, Recessed Lighting, Storage, Wired for Data, Wired for Sound
  • Stories: 3
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: 32 Inch Or More Wide Doors, Parking
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Great Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2893.04
  • Room Type: All Bedrooms Up, Bonus Room, Entry, Great Room, Master Bedroom, Master Suite, Office, Walk-In Closet
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Exhaust Fan(s)
  • Room Kitchen Features: Kitchen Open To Family Room, Quartz Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Slab
  • Exterior Features: Dock Private
  • View: Bay, Canal, Ocean
  • Fence: Yes
  • Fencing: Wood
  • Builder Name: Thomas James Homes
  • Patio And Porch Features: Patio Open, Roof Top
  • Pool Private: No
  • Roof: Asphalt, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Range Hood
  • Heating Type: Central, Zoned
  • Laundry Features: Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3420.00
  • Lot Size Acres: 0.0785

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3420.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Canal Front, Seawall

Tax Info

  • Tax Block: 441
  • Tax Census Tract: 635.00
  • Tax Lot: 8
  • Tax Tract Number: 164
  • TaxOtherAnnualAssessmentAmount: 369.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Aug 21, 2023
Sold by
La21g Llc
Bought by
Corbett Living Trust and Corbett
Seller's Agent
Tyler Brown
Compass
Buyer's Agent
Bryn Hutchinson
Re/Max Property Connection
List Price
$7,195,000
Sold Price
$7,195,000
Views
22
Current Estimated Value
$6,250,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$944,521
Avg. Annual Appreciation
-7.25%

Purchase Details

Listed on
Jun 24, 2021
Closed on
Jul 21, 2021
Sold by
Uehara Haruo Raymond and Uehara Grace K
Bought by
Robinson Tina Rae Ann
Seller's Agent
Steve Ambuehl
Ricci Realty
Buyer's Agent
Tyler Brown
Compass
List Price
$3,250,000
Sold Price
$3,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.99%
Original Mortgage
$2,762,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 24, 2021
Closed on
Jun 23, 2021
Sold by
Robinson Tina Rae Ann and Uehara Alan H
Bought by
La21g Llc
Seller's Agent
Steve Ambuehl
Ricci Realty
Buyer's Agent
Tyler Brown
Compass
List Price
$3,250,000
Sold Price
$3,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,762,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2006
Sold by
Wesco/Cg Llc
Bought by
Uehara H Raymond and Uehara Grace K

Purchase Details

Closed on
May 20, 2005
Sold by
Thomas Rob M
Bought by
Wesco/Cg Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,967,545
Interest Rate
5.72%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 21, 2005
Sold by
Thomas Rob M
Bought by
Thomas Rob M and The Rob M Thomas Revocable Trust

Purchase Details

Closed on
Apr 8, 1996
Sold by
American Financial Network
Bought by
Thomas Rob M and Thomas Janine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,200
Interest Rate
7.68%

Purchase Details

Closed on
Dec 12, 1995
Sold by
Crippen Betty
Bought by
American Financial Network
Source: Public Records

Range of Values:

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Average Value
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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
Corbett Living Trust $5,200,000 Fidelity National Title
Robinson Tina Rae Ann -- --
La21g Llc $3,250,000 Lawyers Title Company
Uehara H Raymond $3,050,000 Stewart Title Irvine
Wesco/Cg Llc -- Ticor Title
Thomas Rob M -- --
Thomas Rob M $489,000 Stewart Title
American Financial Network $13,294 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner La21g Llc $4,233,500
Previous Owner La21g Llc $2,762,500
Previous Owner La21 G Llc $25,000
Previous Owner Cg Wesco $1,967,545
Previous Owner Thomas Rob M $129,000
Previous Owner Thomas Rob M $720,000
Previous Owner Thomas Rob M $620,000
Previous Owner Thomas Rob M $50,000
Previous Owner Thomas Rob M $100,000
Previous Owner Thomas Rob M $100,000
Previous Owner Thomas Rob M $50,000
Previous Owner Thomas Rob M $475,000
Previous Owner Thomas Rob M $12,000
Previous Owner Thomas Rob M $50,000
Previous Owner Thomas Rob M $471,000
Previous Owner Thomas Rob M $12,000
Previous Owner Thomas Rob M $391,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2023 09/25/23 Sold $7,195,000 0.0% $2,893 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $7,195,000 +121.4% $2,893 / Sq Ft
07/21/2021 07/21/21 Sold $3,250,000 0.0% $2,110 / Sq Ft
06/24/2021 06/24/21 For Sale $3,250,000 0.0% $2,110 / Sq Ft
09/05/2019 09/05/19 Rented $6,200 0.0% --
09/04/2019 09/04/19 Under Contract -- -- --
09/03/2019 09/03/19 For Rent $6,200 -- --
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 $56,189 $6,113,819 $4,937,238 $1,176,581
2024 $56,189 $5,302,734 $4,840,429 $462,305
2023 $34,576 $3,262,072 $3,262,072 $0
2022 $34,551 $3,250,000 $3,198,110 $51,890
2021 $29,098 $2,731,003 $2,684,628 $46,375
2020 $28,819 $2,703,000 $2,657,100 $45,900
2019 $28,147 $2,650,000 $2,605,000 $45,000
2018 $28,130 $2,650,000 $2,605,000 $45,000
2017 $26,146 $2,457,000 $2,412,000 $45,000
2016 $26,061 $2,457,000 $2,412,000 $45,000
2015 $22,078 $2,066,000 $2,021,000 $45,000
2014 $16,504 $1,545,000 $1,500,000 $45,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23134417

California Regional Multiple Listing Service (CRMLS)

APN: 423-051-08