NOT LISTED FOR SALE

Estimated Value: $2,044,000 - $2,371,000

3 Beds
2 Baths
1,503 Sq Ft
$1,449/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $1,500,000 $998 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $12,992/month

3 Days on Market

Highlights

  • Detached Guest House
  • Golf Course Community
  • Cathedral Ceiling
  • Woodland Elementary School Rated A
  • Property is near a park
  • Main Floor Bedroom

About This Home

As of November 2021

This treasured 3 bedroom, 2 bathroom residence is on the market for the first time since being purchased, built, and lived in well by a legendary Eastside couple and their family. Now it's time for a new buyer to create their own legacy here. With open-beamed ceilings throughout, and lots of vintage features remaining, the interior has strong potential for a redesign and rebirth with a handy buyer at the helm of the project. Located on a spacious 400 Block Lot with full alley access, the improvements are perfect for a make over project and floor plan expansion into the abundant yard space. The replacement of the alley behind the home was completed in early 2021, and makes the design & creation of custom garage space and additional living dwellings a very attractive proposition. The number of custom new and remodeled homes in close proximity to this property are numerous and hard to estimate at this point, so that potential also exists strongly with this property. The residence can be used as a fun residential destination during the planning stages of a new residence (the seasoned fire pit and massive Elm tree in rear yard have always been a special gathering place). The property can also be converted into an income producing investment until plans are completed and building permits are pulled. Located in a premium lower Eastside neighborhood location, this spot is close to everything important in the Eastside. A pair of good walking shoes are all you'll need for Park and Shopping destinations near by, and a quick bike ride will take you to all the beachside destinations when you're ready to escape there. This property represents the quintessential 'rare opportunity' in our current marketplace. Make sure to view the property and consider it as soon as you can.

Last Agent to Sell the Property

Jeffrey McConville

Pacific Coast Realty Group License #00782326 Listed on: 10/04/2021

Co-Listed By

Jeffrey Butcher

Pacific Coast Realty Group License #01104911

Last Buyer's Agent

Blake Nelle

Coldwell Banker Realty License #02081490

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,360

Year Built

  • Built in 1950

Lot Details

  • 7,757 Sq Ft Lot
  • Property fronts an alley
  • Southwest Facing Home
  • Wood Fence
  • Block Wall Fence
  • Rectangular Lot
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Value in Land

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • RV Potential

Home Design

  • Cottage
  • Additions or Alterations
  • Fixer Upper
  • Brick Exterior Construction
  • Slab Foundation
  • Shake Roof
  • Board and Batten Siding
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,503 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Wainscoting
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Frame Window
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Range Hood
  • Tile Countertops

Flooring

  • Brick
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Tile Bathroom Countertop
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Open Patio
  • Exterior Lighting
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding
  • Front Porch

Additional Homes

  • Detached Guest House

Location

  • Property is near a park
  • Suburban Location

Schools

  • Kaiser Elementary School
  • Horace Ensign Middle School
  • Newport Harbor High School

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 1284
  • Assessor Parcel Number 42631119
  • $693 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Eastside South Subdivision
  • Foothills

Recreation

  • Golf Course Community
  • Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,360

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: Jeff B.
  • Other Phone Number: 9494221108
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved
  • Subdivision Name Other: Eastside South (ESCM)
  • View: No
  • Architectural Style: Cottage
  • Property Condition: Additions/Alterations, Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42631119
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1503.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Pantry, Tile Counters, Unfurnished, Wainscoting, Wet Bar
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Brick, Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 998.00
  • Room Type: All Bedrooms Down, Living Room, Main Floor Bedroom
  • Window Features: Wood Frames
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Tile Counters
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: Southwest
  • Foundation: Slab
  • Other Structures: Guest House, Guest House Detached, Outbuilding, Shed(s), Workshop
  • Fence: Yes
  • Fencing: Block, Wood
  • Patio And Porch Features: Brick, Concrete, Patio, Patio Open, Front Porch
  • Pool Private: No
  • Roof: Shake
  • Spa: No
  • Construction Materials: Board & Batten Siding, Brick, Stucco, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear, Garage - Single Door, RV Potential
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater, Range Hood
  • Heating Type: Fireplace(s), Wall Furnace
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Foothills, Golf, Hiking, Park, Watersports, Sidewalks, Storm Drains, Street Lights, Suburban

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Kaiser
  • Middle School: Horace Ensign
  • High School: Newport Harbor
  • Elementary School: Kaiser
  • High School: Newport Harbor
  • Middle Or Junior School: Horace Ensign
  • Elementary School #2: KAISER
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Lot 6500-9999, Rectangular Lot, Park Nearby, Value In Land
  • Lot Size Sq Ft: 7757.00
  • Lot Size Acres: 0.1781

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7757.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 632.02
  • Tax Lot: 2
  • Tax Tract Number: 1284
  • TaxOtherAnnualAssessmentAmount: 693.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2021
Closed on
Nov 19, 2021
Sold by
Ellen Eichler Virginia
Bought by
Eichler Jeffrey L
Seller's Agent
Jeffrey McConville
Pacific Coast Realty Group
Buyer's Agent
Blake Nelle
Coldwell Banker Realty
List Price
$1,350,000
Sold Price
$1,500,000
Premium/Discount to List
$150,000
11.11%
Current Estimated Value
$2,177,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$677,549
Avg. Annual Appreciation
10.08%
Original Mortgage
$1,110,000
Outstanding Balance
$1,014,984
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$1,162,565

Purchase Details

Listed on
Oct 4, 2021
Closed on
Oct 19, 2021
Sold by
Muchow Abigail
Bought by
Muchow Brandon
Seller's Agent
Jeffrey McConville
Pacific Coast Realty Group
Buyer's Agent
Blake Nelle
Coldwell Banker Realty
List Price
$1,350,000
Sold Price
$1,500,000
Premium/Discount to List
$150,000
11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,110,000
Outstanding Balance
$1,014,984
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$1,162,565

Purchase Details

Listed on
Oct 4, 2021
Closed on
Oct 18, 2021
Sold by
Eichler Family Trust
Bought by
Muchow Brandon
Seller's Agent
Jeffrey McConville
Pacific Coast Realty Group
Buyer's Agent
Blake Nelle
Coldwell Banker Realty
List Price
$1,350,000
Sold Price
$1,500,000
Premium/Discount to List
$150,000
11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,110,000
Outstanding Balance
$1,014,984
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$1,162,565

Purchase Details

Listed on
Oct 4, 2021
Closed on
Oct 16, 2021
Sold by
Eichler Jeffrey L and Eichler Family Trust
Bought by
Muchow Brandon
Seller's Agent
Jeffrey McConville
Pacific Coast Realty Group
Buyer's Agent
Blake Nelle
Coldwell Banker Realty
List Price
$1,350,000
Sold Price
$1,500,000
Premium/Discount to List
$150,000
11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,110,000
Outstanding Balance
$1,014,984
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$1,162,565

Purchase Details

Closed on
May 31, 1994
Sold by
Eichler Albert Lee and Eichler Virginia E
Bought by
Eichler Albert L and Eichler Virginia E
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
Eichler Jeffrey L -- --
Muchow Brandon -- Chicago Title
Eichler Jeffrey L -- --
Muchow Brandon $1,500,000 Chicago Title
Muchow Brandon $1,500,000 Chicago Title Company
Eichler Albert L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muchow Brandon $1,110,000
Closed Muchow Brandon $1,110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2021 11/19/21 Sold $1,500,000 +11.1% $998 / Sq Ft
10/09/2021 10/09/21 For Sale $1,350,000 -10.0% $898 / Sq Ft
10/08/2021 10/08/21 Off Market $1,500,000 -- --
10/08/2021 10/08/21 For Sale $1,350,000 -10.0% $898 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
10/07/2021 10/07/21 Off Market $1,500,000 -- --
10/04/2021 10/04/21 For Sale $1,350,000 -- $898 / 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 $17,360 $1,591,812 $1,536,831 $54,981
2024 $17,360 $1,560,600 $1,506,697 $53,903
2023 $16,885 $1,530,000 $1,477,153 $52,847
2022 $16,569 $1,500,000 $1,448,189 $51,811
2021 $1,287 $61,483 $29,204 $32,279
2020 $1,260 $60,853 $28,904 $31,949
2019 $1,231 $59,660 $28,337 $31,323
2018 $1,205 $58,491 $27,782 $30,709
2017 $1,190 $57,345 $27,238 $30,107
2016 $1,170 $56,221 $26,704 $29,517
2015 $1,157 $55,377 $26,303 $29,074
2014 $1,135 $54,293 $25,788 $28,505
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP21216881

California Regional Multiple Listing Service (CRMLS)

APN: 426-311-19