NOT LISTED FOR SALE

Estimated Value: $2,570,000 - $2,788,203

4 Beds
3.5 Baths
1,903 Sq Ft
$1,402/Sq Ft Est. Value

Last Sold December 30, 2024

Last sale price $2,550,000 $1,340 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $15,590/month

91 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • No HOA
  • Newport Heights Elementary Rated A
  • Main Floor Primary Bedroom
  • 5-minute walk to Pinkley Park

About This Home

As of December 2024

PRICE REDUCTION! Welcome to 418 E 16th Street! This extraordinary home is an absolute vibe! Completely rebuilt in 2024, 16th Street offers a perfect blend of modern luxury and functional design. The reimagined floor plan features four spacious bedrooms and three full bathrooms, along with a convenient powder room on the main floor that was added. Step inside to be greeted by stunning white oak floors, setting the tone for the open, elegant layout that flows seamlessly from room to room.

The floating staircase was reengineered leading to the heart of the home which is the breathtaking kitchen, designed for both everyday living and entertaining. Boasting top-of-the-line appliances, a Carrara marble island with a waterfall finish, custom solid oak cabinetry, signature hardware, this space is truly a chef's dream! French Custom Steel bi-fold doors open from the kitchen to a newly landscaped backyard.

The spacious dining room and living areas are framed by high-end Milgard Trinsic windows and stylish steel French and Dutch doors, allowing natural light to pour in and capturing the essence of California's indoor-outdoor lifestyle. No expense was spared, with upgrades including a zoned heating and air conditioning system, surround sound speakers both inside and outside, a new roof, new plumbing, new electrical, and fresh new stucco.

Situated in a prime location, this home is just minutes from the highly regarded Newport Harbor HS, as well as charming coffee shops, boutiques, and some of the finest dining experiences along 17th Street. The nearby beaches of Newport are a quick bike ride away, making this location ideal for those who love to enjoy the Southern California coastal lifestyle. Nestled in the award-winning Newport Mesa school district and bordering Newport from the street line. Don't miss the rare opportunity to own this one-of-a-kind gem in an unbeatable location!

Last Agent to Sell the Property

Adam Warnick

Douglas Elliman of California Brokerage Phone: 714-943-4973 License #01937612 Listed on: 09/20/2024

Douglas Elliman of California

Last Buyer's Agent

Crystal Ortiz

eXp Realty of Greater Los Angeles License #01943860

eXp Realty of Greater Los Angeles

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968 | Remodeled

Lot Details

  • 5,004 Sq Ft Lot
  • Fenced
  • Stucco Fence
  • New Fence
  • Density is up to 1 Unit/Acre
  • On-Hand Building Permits

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor
  • Major Repairs Completed
  • Raised Foundation
  • Slab Foundation

Interior Spaces

  • 1,903 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Sound
  • Brick Wall or Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • French Mullion Window
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • ENERGY STAR Qualified Doors
  • Insulated Doors
  • Family Room with Fireplace
  • Dining Room with Fireplace
  • Wood Flooring
  • Neighborhood Views
  • Smart Home

Kitchen

  • Eat-In Kitchen
  • Six Burner Stove
  • Built-In Range
  • Freezer

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Air
  • Private Water Source
  • Private Sewer
  • Sewer Paid
  • Cable TV Available

Additional Features

  • ENERGY STAR Qualified Equipment
  • Exterior Lighting
  • Urban Location

Community Details

  • No Home Owners Association
  • Community Fire Pit

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 2789
  • Assessor Parcel Number 42514104
  • $919 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1968 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Property Condition: Building Permit, Repairs Major, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42514104
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1903.00 Square Feet
  • Interior Amenities: Brick Walls, Ceiling Fan(s), Home Automation System, Open Floorplan, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Double Door Entry, ENERGY STAR Qualified Doors, French Doors, Insulated Doors, Sliding Doors
  • Eating Area: Dining Room, In Kitchen, In Living Room
  • Entry Level: 1
  • Fireplace Features: Dining Room, Family Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1339.99
  • Room Type: Family Room, Kitchen, Laundry, Main Floor Primary Bedroom
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, French/Mullioned

Exterior Features

  • Foundation: Raised, Slab
  • Exterior Features: Lighting
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Excellent Condition, New Condition, Stucco Wall
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Water Available, Water Connected
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, ENERGY STAR Qualified Appliances, Freezer
  • Electric: 220V Other - See Remarks
  • Laundry Features: In Garage
  • Sewer: Private Sewer, Sewer Paid
  • Water Source: Private
  • Cooling: Central Air, Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Amenities: Fire Pit
  • Senior Community: No
  • Community Features: Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5004.00
  • Lot Size Acres: 0.1149

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5004.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 633.02
  • Tax Lot: 4
  • Tax Tract Number: 2789
  • TaxOtherAnnualAssessmentAmount: 919.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2024
Closed on
Dec 24, 2024
Sold by
24216 Amurro Partners Llc
Bought by
Metzgen Richard A and Metzgen Louise
Seller's Agent
Adam Warnick
Douglas Elliman of California
Buyer's Agent
Crystal Ortiz
eXp Realty of Greater Los Angeles
List Price
$2,895,000
Sold Price
$2,550,000
Premium/Discount to List
-$345,000
-11.92%
Views
177
Current Estimated Value
$2,668,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,301
Avg. Annual Appreciation
4.64%

Purchase Details

Listed on
Jul 7, 2023
Closed on
Aug 22, 2023
Sold by
Dale Arlen Smith Revocable Trust
Bought by
24216 Amurro Partners Llc
Seller's Agent
Sharon Custer
First Team Real Estate
Buyer's Agent
Adam Warnick
Douglas Elliman of California
List Price
$1,795,000
Sold Price
$1,740,000
Premium/Discount to List
-$55,000
-3.06%
Views
82

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.18%
Original Mortgage
$1,815,484
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2010
Sold by
Smith Dale Arlen and Smith Beverly K
Bought by
Smith Dale Arlen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Metzgen Richard A $2,550,000 First American Title Company
24216 Amurro Partners Llc $1,740,000 Western Resources Title
Smith Dale Arlen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 24216 Amurro Partners Llc $1,815,484
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2024 12/30/24 Sold $2,550,000 -5.4% $1,340 / Sq Ft
12/19/2024 12/19/24 Price Changed $2,695,000 -3.6% $1,416 / Sq Ft
11/07/2024 11/07/24 Price Changed $2,795,000 -2.8% $1,469 / Sq Ft
10/17/2024 10/17/24 Price Changed $2,875,000 -1.7% $1,511 / Sq Ft
10/09/2024 10/09/24 Price Changed $2,925,000 -2.3% $1,537 / Sq Ft
09/20/2024 09/20/24 Price Changed $2,995,000 +3.5% $1,574 / Sq Ft
09/20/2024 09/20/24 For Sale $2,895,000 +66.4% $1,521 / Sq Ft
09/12/2023 09/12/23 Sold $1,740,000 -3.1% $912 / Sq Ft View Prior Sale
07/07/2023 07/07/23 For Sale $1,795,000 -- $941 / 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 $19,321 $2,550,000 $2,265,560 $284,440
2024 $19,321 $1,740,000 $1,597,129 $142,871
2023 $2,419 $150,094 $69,748 $80,346
2022 $2,267 $147,151 $68,380 $78,771
2021 $2,158 $144,266 $67,039 $77,227
2020 $2,123 $142,787 $66,351 $76,436
2019 $2,076 $139,988 $65,050 $74,938
2018 $2,033 $137,244 $63,775 $73,469
2017 $2,003 $134,553 $62,524 $72,029
2016 $1,965 $131,915 $61,298 $70,617
2015 $1,944 $129,934 $60,377 $69,557
2014 $1,903 $127,389 $59,194 $68,195
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24194819

California Regional Multiple Listing Service (CRMLS)

APN: 425-141-04