NOT LISTED FOR SALE

Estimated Value: $4,960,000 - $5,819,000

5 Beds
5.5 Baths
4,550 Sq Ft
$1,222/Sq Ft Est. Value

Last Sold August 17, 2023

Last sale price $4,350,000 $956 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $34,143/month

34 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Traditional Architecture
  • Stone Countertops
  • Newport Heights Elementary Rated A
  • Wood Flooring
  • 4-minute walk to John Wayne Park

About This Home

As of August 2023

This beautiful custom Cape Cod house welcomes you with a picturesque white picket fence and charming Dutch door. Perfectly located in the heart of Newport Heights on a very desirable street, this light, bright and airy home consists of a 3,764 sqft., 4 bed, 4.5 bath main house with main level office and newly remodeled living room, and a spacious 787 sqft. 1 bed, 1 bath detached bonus living space/bedroom with private entrance with the potential to generate substantial annual income. The home features high end finishes and craftsmanship throughout from wide-plank white oak floors to the many custom built-ins, coffered and vaulted ceilings. The gourmet kitchen features stainless appliances, farmhouse sink, desk, eating area, ample storage and opens to the cozy family room. The generous primary suite boasts a newly remodeled spa-like bath with spacious walk-in steam shower, large walk-in closet with custom cabinetry and private balcony overlooking the peaceful street, perfect for morning coffee. The spacious and versatile bonus living space which could be used as a space for guests or a home office has a private entrance and features custom built-in cabinetry, bathroom, SubZero refrigerator and freezer, sink, vaulted ceilings and a large walk-in closet. Enjoy seamless outdoor entertaining in the fully remodeled backyard with brand new built in bbq, beverage fridge, pet friendly turf, and all new landscaping. Additional appointments of this turn-key home include all new designer light fixtures, extensive security system, built in speakers, owned solar with wireless monitoring, and 3 car garage with EV charging and built in storage. Located minutes to the best beaches, shops and restaurants lining 17th Street, parks, and schools, this home has it all.

Last Agent to Sell the Property

Katie Russell

Compass License #02060057 Listed on: 06/12/2023

Compass

Co-Listed By

Laurie Eastman

Compass License #01858979

Last Buyer's Agent

Neda DeSigio

Compass License #01400001

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,164

Year Built

  • Built in 1993

Lot Details

  • 6,375 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 4,550 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Wainscoting
  • Ceiling Fan
  • Recessed Lighting
  • Custom Window Coverings
  • French Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Home Office
  • Storage
  • Laundry Room
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Multiple Shower Heads
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Patio
  • Front Porch

Schools

  • Newport Heights Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Newport Heights Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 256
  • Assessor Parcel Number 04905202

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,164

Year Built

Built in 1993

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Security System, Smoke Detector(s)
  • Subdivision Name Other: Newport Heights (NEWH)
  • View: No
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04905202
  • Year Built: 1993
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4550.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Ceiling Fan(s), Pantry, Recessed Lighting, Storage, Wainscoting
  • Stories: 2
  • Entry Location: front door
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Eating Area: Area, Breakfast Counter / Bar, In Family Room, Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 956.04
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Office, Walk-In Closet
  • Window Features: Custom Covering, Drapes
  • Bathroom Features: Bathtub, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Stone Counters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Front Porch
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Cooktop, Freezer, Disposal, Refrigerator
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport Heights
  • Middle School: Ensign
  • High School: Newport Harbor
  • Elementary School: Newport Heights
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWHEI
  • High School2: NEWHAR

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6375.00
  • Lot Size Acres: 0.1463

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6375.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 256

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2023
Closed on
Jul 19, 2023
Sold by
Laurino Blake and Laurino Mackenzie
Bought by
Johnston Tyler R and Khalighi Niloofar
Seller's Agent
Katie Russell
Compass
Buyer's Agent
Neda DeSigio
Compass
List Price
$4,495,000
Sold Price
$4,350,000
Premium/Discount to List
-$145,000
-3.23%
Views
95
Current Estimated Value
$5,560,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,210,183
Avg. Annual Appreciation
11.56%
Original Mortgage
$2,940,000
Outstanding Balance
$2,875,873
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$2,550,017

Purchase Details

Listed on
Feb 19, 2021
Closed on
Apr 22, 2021
Sold by
Best Connor and Best Kelley
Bought by
Laurino Blake and Laurino Mackenzie
Seller's Agent
Lindsay Bibb
Cypress Cove Real Estate
Buyer's Agent
Katie Russell
Compass
List Price
$3,195,000
Sold Price
$3,125,000
Premium/Discount to List
-$70,000
-2.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.83%
Original Mortgage
$1,500,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2020
Sold by
Best Connor
Bought by
Best Connor and Best Kelley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 28, 2014
Closed on
Nov 26, 2014
Sold by
Schultheis Mark and George Blair
Bought by
Best Connor
Seller's Agent
Carol Lee
Compass
Buyer's Agent
Lindsay Bibb
Cypress Cove Real Estate
List Price
$2,450,000
Sold Price
$2,190,000
Premium/Discount to List
-$260,000
-10.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.90%

Purchase Details

Closed on
Jun 5, 2003
Sold by
Schulthies Mark and George Blair
Bought by
Schulthies Mark and George Blair

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 1999
Sold by
Mark Schultheis and Blair George Blair
Bought by
Schultheis Mark and George Blair

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.82%
Mortgage Type
Unknown
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
Johnston Tyler R $4,350,000 Chicago Title Company
Laurino Blake $3,125,000 Ticor Title
Best Connor -- Wfg National Title Co Of Ca
Best Connor $2,190,000 Wfg Title Company
Schulthies Mark -- --
Schultheis Mark -- First American Title Ins Co
Schultheis Mark -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnston Tyler R $2,940,000
Previous Owner Laurino Blake $1,500,000
Previous Owner Best Connor $377,000
Previous Owner Best Connor $417,000
Previous Owner Schultheis Mark $399,000
Previous Owner Schultheis Mark $289,000
Previous Owner Schultheis Mark $780,000
Previous Owner Schultheis Mark $100,000
Previous Owner Schultheis Mark $780,000
Previous Owner Schulthies Mark $100,000
Previous Owner Schultheis Mark $637,500
Previous Owner Schultheis Mark $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2023 08/17/23 Sold $4,350,000 -3.2% $956 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
06/13/2023 06/13/23 For Sale $4,495,000 +43.8% $988 / Sq Ft
05/19/2021 05/19/21 Sold $3,125,000 -2.2% $687 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $3,195,000 +45.9% $702 / Sq Ft
01/07/2015 01/07/15 Sold $2,190,000 -1.6% $487 / Sq Ft
11/21/2014 11/21/14 Pending -- -- --
11/08/2014 11/08/14 Price Changed $2,225,000 -1.1% $494 / Sq Ft
11/07/2014 11/07/14 Price Changed $2,250,000 -4.3% $500 / Sq Ft
10/29/2014 10/29/14 Price Changed $2,350,000 -4.1% $522 / Sq Ft
07/28/2014 07/28/14 For Sale $2,450,000 -- $544 / 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 $46,164 $4,437,000 $3,797,594 $639,406
2024 $46,164 $4,350,000 $3,723,131 $626,869
2023 $34,463 $3,251,250 $2,697,563 $553,687
2022 $33,894 $3,187,500 $2,644,669 $542,831
2021 $25,948 $2,431,607 $1,867,278 $564,329
2020 $25,699 $2,406,674 $1,848,131 $558,543
2019 $25,166 $2,359,485 $1,811,893 $547,592
2018 $24,664 $2,313,221 $1,776,366 $536,855
2017 $24,228 $2,267,864 $1,741,535 $526,329
2016 $23,683 $2,223,397 $1,707,388 $516,009
2015 $10,625 $974,079 $517,872 $456,207
2014 $10,301 $954,999 $507,728 $447,271
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23099172

California Regional Multiple Listing Service (CRMLS)

APN: 049-052-02