NOT LISTED FOR SALE

425 Bolero Way Newport Beach, CA 92663

Estimated Value: $1,199,000 - $1,463,802

3 Beds
2.5 Baths
1,440 Sq Ft
$899/Sq Ft Est. Value

Last Sold March 27, 2020

Last sale price $726,000 $504 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $8,035/month

18 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Pool View
  • Newport Heights Elementary Rated A
  • Wood Flooring
  • Granite Countertops

About This Home

As of March 2020

Welcome to this charming home located in Newport Heights only minutes away from the Beach! This single-family Newport Beach home has been completely remodeled and upgraded throughout! Take the sliding glass door and step into your lanai style patio. Open floorplan, granite counters, stainless steel appliances, wood flooring, recessed lighting, dual pane windows, upgraded fireplace, tile floors, newer AC unit, newer roof, and much more. Very well-maintained grounds, pools, with only $273 monthly HOA dues. Truly special, a must see. This gem will not last.

Last Agent to Sell the Property

Diego Magdaleno

1Vision Real Estate License #01952035 Listed on: 02/04/2020

1Vision Real Estate

Co-Listed By

Jerry Magdaleno

1Vision Real Estate License #01982920

Last Buyer's Agent

Cheryl Coleman

Keller Williams Realty License #01428040

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,510

Year Built

  • Built in 1962

Lot Details

  • 1,428 Sq Ft Lot
  • No Landscaping

HOA Fees

  • $273 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Garage Door Opener

Property Views

  • Pool
  • Neighborhood

Home Design

  • Patio Home
  • Turnkey
  • Planned Development

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Crown Molding
  • Recessed Lighting
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Family Room Off Kitchen
  • Living Room with Fireplace

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Patio
  • Rear Porch

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 39
  • Tax Tract Number 4692
  • Assessor Parcel Number 42537329

Community Details

Overview

  • Park Lido Association, Phone Number (714) 544-7755
  • Diversified Association Management HOA
  • Maintained Community

Amenities

  • Picnic Area

Recreation

  • Community Pool
  • Dog Park

Security

  • Security Service
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,510

Year Built

Built in 1962

Lot Details

0

HOA Fees

$273 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Park Lido (PKLI)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42537329
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1440.00 Square Feet
  • Interior Amenities: Crown Molding, Granite Counters, Open Floorplan, Recessed Lighting
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Living Room, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 504.17
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Master Suite
  • Window Features: Double Pane Windows
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Neighborhood, Pool
  • Patio And Porch Features: Patio, Rear Porch, Tile
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Water Heater
  • Heating Type: Forced Air, Fireplace(s)
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Picnic Area, Maintenance Grounds, Pets Permitted, Management, Security
  • Association Fee: 273.00
  • Association Fee Frequency: Monthly
  • Association Name: Park Lido
  • Phone: 714-544-7755
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Dog Park, Suburban
  • Association Management: Diversified Association Management

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping, Patio Home
  • Lot Size Sq Ft: 1428.00
  • Lot Size Acres: 0.0328

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1428.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 636.03
  • Tax Lot: 39
  • Tax Tract Number: 4692

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2020
Closed on
Feb 27, 2020
Sold by
Farr Steven C and Farr Esther L
Bought by
Bennett Timothy and Chacon Elizabeth
Seller's Agent
Diego Magdaleno
1Vision Real Estate
Buyer's Agent
Cheryl Coleman
Keller Williams Realty
List Price
$729,999
Sold Price
$726,000
Premium/Discount to List
-$3,999
-0.55%
Current Estimated Value
$1,294,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$568,451
Avg. Annual Appreciation
13.80%
Original Mortgage
$580,800
Outstanding Balance
$517,853
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$945,117

Purchase Details

Closed on
May 18, 2016
Sold by
Farr Steven C and Farr Esther L
Bought by
Farr Steven C and Farr Esther L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2011
Sold by
White Erin E
Bought by
Farr Steven C and Russell Esther L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,750
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2004
Sold by
White Erin E
Bought by
White Erin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,500
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2003
Sold by
Stark James J and White Erin E
Bought by
White Erin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 21, 2003
Sold by
Richards Wayne
Bought by
Stark James J and White Erin E

Purchase Details

Closed on
Apr 18, 2000
Sold by
Wayne Richards
Bought by
Richards Wayne and The Wayne Richards 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
$70,500
Interest Rate
8.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 29, 1997
Sold by
Darrah Sylvia J
Bought by
Darrah Richard G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
7.45%

Purchase Details

Closed on
Aug 21, 1997
Sold by
Omeara Frances D and Omeara Richard G
Bought by
Richards Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
7.45%

Purchase Details

Closed on
Aug 13, 1997
Sold by
Darrah Richard G and Quist Marilyn J
Bought by
Omeara Frances D and Darrah Richard G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
7.45%
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
Bennett Timothy $726,000 First American Title Company
Farr Steven C -- Orange Coast Title Company
Farr Steven C $445,000 Fidelity National Title Co
White Erin E -- Southland Title Corporation
White Erin E -- Southland Title Company
Stark James J $70,500 Southland Title Corporation
Richards Wayne -- --
Darrah Richard G -- Old Republic Title
Richards Wayne $165,000 Old Republic Title Company
Omeara Frances D -- Old Republic Title Company
Darrah Richard G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Timothy $580,800
Previous Owner Farr Steven C $363,000
Previous Owner Farr Steven C $15,000
Previous Owner Farr Steven C $334,500
Previous Owner Farr Steven C $333,750
Previous Owner White Erin E $80,000
Previous Owner White Erin E $560,000
Previous Owner White Erin E $78,000
Previous Owner White Erin E $397,500
Previous Owner White Erin E $307,500
Previous Owner White Erin E $175,000
Previous Owner Richards Wayne $70,500
Previous Owner Richards Clifford W $20,000
Previous Owner Richards Wayne $148,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2020 03/27/20 Sold $726,000 +1.6% $504 / Sq Ft
02/22/2020 02/22/20 Pending -- -- --
02/22/2020 02/22/20 Price Changed $714,777 -2.1% $496 / Sq Ft
02/04/2020 02/04/20 For Sale $729,999 -- $507 / 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 $8,510 $793,985 $714,220 $79,765
2024 $8,510 $778,417 $700,216 $78,201
2023 $8,307 $763,154 $686,486 $76,668
2022 $8,164 $748,191 $673,026 $75,165
2021 $8,008 $733,521 $659,829 $73,692
2020 $5,775 $521,303 $445,981 $75,322
2019 $5,660 $511,082 $437,236 $73,846
2018 $5,548 $501,061 $428,662 $72,399
2017 $5,449 $491,237 $420,257 $70,980
2016 $5,329 $481,605 $412,016 $69,589
2015 $5,275 $474,371 $405,827 $68,544
2014 $5,150 $465,079 $397,877 $67,202
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20025191

California Regional Multiple Listing Service (CRMLS)

APN: 425-373-29