NOT LISTED FOR SALE

Estimated Value: $2,323,000 - $2,645,000

6 Beds
7 Baths
5,935 Sq Ft
$416/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $1,500,000 $253 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $14,671/month

235 Days on Market

Highlights

  • Water Views
  • Deck
  • Wood Flooring
  • Beach Access
  • Contemporary Architecture
  • 2-minute walk to Spencer Park

About This Home

As of September 2020

This highly energy efficient, contemporary, industrial-look house of glass, stainless, and sleek lines was completed in 2016.Within a short walking distance to King Park, Newport Harbor, and downtown Newport, this is the perfect house for a family looking for a move-in condition, modern dwelling.This 6 bedroom, 5 full and 2 half-bath home could be utilized as a single family, a family compound, or a main house and guest house. Filled with light and openness, the main house is comprised of 4 bedrooms, 3 full baths, and 2 half baths. Its clean-look, ultra modern entertainment-focused kitchen totally opens with vast sliders onto the private court yard with fire pit.The second level "guest suite"and 2 bedrooms, 2 full bath guest residence offers income opportunity for the Buyer. A luxurious master suite in the main residence creates a unique luxury-hotel experience complete with glass walls, steam shower, walk-in closets, spa tub, fireplace, and wet bar. Large heated entertainment area with theater, sauna, and wine racks is perfect for those wanting family and friends close.Entertaining "Newport Style" is easy with the three harbor view decks and additional outdoor space. Additional features to note are generator, gas fireplaces, and cherry hardwoods throughout. The best words to describe this property are "modern," "luxurious," "unique," "elegant,"and "income-producer." Architect Mark Fontaine worked with the owner to create this amazing property.

Last Agent to Sell the Property

Kate Leonard

Lila Delman Compass License #RES.0031901 Listed on: 01/08/2020

Lila Delman Compass

Last Buyer's Agent

Kate Leonard

Lila Delman Compass License #RES.0031901 Listed on: 01/08/2020

Lila Delman Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,023

Year Built

  • Built in 2016

Lot Details

  • 6,587 Sq Ft Lot
  • Property is zoned R10

Parking

  • 4 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation

Interior Spaces

  • 5,935 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • 2 Fireplaces
  • Gas Fireplace
  • Wood Flooring
  • Water Views

Bedrooms and Bathrooms

  • 6 Bedrooms

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Deck

Location

  • Property near a hospital

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Power Generator
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 311
  • Assessor Parcel Number 46HOUSTONAVNEWP

Community Details

Overview

  • King Park/Fifth Ward Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,023

Year Built

Built in 2016

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1512
  • Subdivision Name: King Park/Fifth Ward
  • Above Grade Finished Sq Ft: 5935.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2016
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: Gas
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Wet Bar
  • Living Area: 5935.0
  • Stories: 2
  • ResoLivingAreaSource: Owner

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Other
  • Exterior Features: Deck
  • Foundation Details: Slab
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 4.0
  • Garage Spaces: 4.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 10.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas, Zoned
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6587.0
  • Parcel #: 46HOUSTONAVNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 8023.0
  • Tax Lot: 311
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2020
Closed on
Sep 30, 2020
Sold by
Hinckley Benjamin B
Bought by
Danielson Jennifer T and Danielson Dryw
Seller's Agent
Kate Leonard
Lila Delman Compass
Buyer's Agent
Kate Leonard
Lila Delman Compass
List Price
$1,999,999
Sold Price
$1,500,000
Premium/Discount to List
-$499,999
-25%
Current Estimated Value
$2,469,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$969,095
Avg. Annual Appreciation
10.62%
Original Mortgage
$750,000
Outstanding Balance
$672,322
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,795,020

Purchase Details

Closed on
Aug 20, 2014
Sold by
Revolution Properties
Bought by
Hinckley 3Rd Benjamin B

Purchase Details

Closed on
Oct 10, 2008
Sold by
Barclay Eric J
Bought by
Ackman Taylor and Benson Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 27, 2005
Sold by
Kent Peter S and Kent Janet E
Bought by
Detolly Eric J and Detolly Barclay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,250
Interest Rate
5.79%
Mortgage Type
Commercial
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
Danielson Jennifer T $1,500,000 None Available
Hinckley 3Rd Benjamin B -- --
Ackman Taylor $375,000 --
Detolly Eric J $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Danielson Jennifer T $750,000
Closed Danielson Dryw $750,000
Previous Owner Hickley Benjamin A $500,000
Previous Owner Hinckley 3Rd Benjamin B $250,000
Previous Owner Detolly Eric J $311,787
Previous Owner Detolly Eric J $305,833
Previous Owner Detolly Eric J $300,000
Previous Owner Detolly Eric J $296,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $1,500,000 -25.0% $253 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
01/08/2020 01/08/20 For Sale $1,999,999 -- $337 / Sq Ft
Source: State-Wide MLS

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
2024 $14,931 $2,142,200 $467,800 $1,674,400
2023 $12,462 $1,256,200 $305,800 $950,400
2022 $12,072 $1,256,200 $305,800 $950,400
2021 $11,720 $1,256,200 $305,800 $950,400
2020 $8,023 $780,400 $237,800 $542,600
2019 $8,023 $780,400 $237,800 $542,600
2018 $7,796 $780,400 $237,800 $542,600
2017 $7,617 $679,500 $170,200 $509,300
2016 $7,427 $679,500 $170,200 $509,300
2015 $6,469 $606,300 $170,200 $436,100
2014 $4,527 $375,400 $144,600 $230,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1243973

State-Wide MLS

APN: NEWP-000039-000000-000311