Seller's Agent in 2021
Tori Rimlinger
Compass
(949) 378-6200
25 in this area
39 Total Sales
488 Prospect St Newport Beach, CA 92663
Newport Shores NeighborhoodEstimated Value: $2,225,000 - $2,447,000
3
Beds
2
Baths
1,414
Sq Ft
$1,647/Sq Ft
Est. Value
Highlights
- Beach Access
- Property is near a clubhouse
- Cathedral Ceiling
- Newport Elementary School Rated A
- Traditional Architecture
- Stone Countertops
About This Home
As of April 2021This three bedroom, two bathroom home is located just blocks from one of Newport's finest beaches and in the highly sought after 400 block of Newport Shores. This home features cathedral ceilings, hardwood flooring, a fireplace, an open floor plan, and a private patio ideal for indoor/outdoor entertaining. The kitchen offers granite counters, a breakfast bar, and custom cabinetry. The master suite includes an ensuite bath, vaulted ceiling, and mirrored closets doors. Enjoy beach living as well as the amenities of the Newport Shores Community Association - pool, tennis, clubhouse, BBQ, and play areas.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,348
Year Built
- Built in 1960
Lot Details
- 2,480 Sq Ft Lot
- Property is zoned R1
HOA Fees
- $46 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- 1 Carport Space
- Parking Available
Home Design
- Traditional Architecture
Interior Spaces
- 1,414 Sq Ft Home
- 1-Story Property
- Cathedral Ceiling
- Ceiling Fan
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room
- Neighborhood Views
Kitchen
- Open to Family Room
- Breakfast Bar
- Built-In Range
- Stone Countertops
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Beach Access
- Enclosed Patio or Porch
- Outdoor Grill
Location
- Property is near a clubhouse
Schools
- Newport Elementary School
- Ensign Middle School
- Newport Harbor High School
Utilities
- Zoned Heating and Cooling
- Underground Utilities
Listing and Financial Details
- Legal Lot and Block 21 / 23
- Tax Tract Number 772
- Assessor Parcel Number 04506620
Community Details
Overview
- Newport Shores Community Association, Phone Number (949) 378-6200
- Ammcor HOA
- Newport Shores Subdivision
Amenities
- Community Barbecue Grill
- Picnic Area
Recreation
- Tennis Courts
- Sport Court
- Community Playground
- Community Pool
- Park
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 31, 2021
Closed on
Mar 5, 2021
Sold by
Grey Carla Josefina and Grey Revocable Trust
Bought by
Espero Robert R and Espero Tracey M
Seller's Agent
Tori Rimlinger
Compass
Buyer's Agent
Meital Taub
Livel Real Estate
List Price
$1,525,000
Sold Price
$1,525,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$803,608
Avg. Annual Appreciation
9.78%
Original Mortgage
$900,000
Outstanding Balance
$811,280
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,494,638
Purchase Details
Closed on
Sep 23, 2019
Sold by
Grey Carla J
Bought by
Grey Carla Josefina and Grey Revocable Trust
Purchase Details
Closed on
Jun 17, 2002
Sold by
Grey Ronald B
Bought by
Grey Carla J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.7%
Purchase Details
Closed on
Feb 13, 2001
Sold by
Amirmokri Behzad
Bought by
Grey Ronald B and Grey Carla J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,400
Interest Rate
8.5%
Purchase Details
Closed on
Feb 8, 1995
Sold by
Stansberry John L and Stansberry Patricia V
Bought by
Amirmokri Behzad
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,293
Interest Rate
9.27%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Espero Robert R | $1,525,000 | Chicago Title Company | |
| Grey Carla Josefina | -- | None Available | |
| Grey Carla J | -- | United Title Company | |
| Grey Ronald B | $383,500 | First Southwestern Title Co | |
| Amirmokri Behzad | -- | World Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Espero Robert R | $900,000 | |
| Previous Owner | Grey Carla J | $500,000 | |
| Previous Owner | Grey Carla J | $100,000 | |
| Previous Owner | Grey Carla J | $400,000 | |
| Previous Owner | Grey Carla J | $30,000 | |
| Previous Owner | Grey Carla J | $272,000 | |
| Previous Owner | Grey Carla J | $268,000 | |
| Previous Owner | Grey Ronald B | $268,400 | |
| Previous Owner | Amirmokri Behzad | $31,293 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/09/2021 04/09/21 | Sold | $1,525,000 | 0.0% | $1,079 / Sq Ft |
| 01/31/2021 01/31/21 | For Sale | $1,525,000 | -- | $1,079 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $17,348 | $1,650,708 | $1,574,972 | $75,736 |
| 2024 | $17,348 | $1,618,342 | $1,544,091 | $74,251 |
| 2023 | $16,939 | $1,586,610 | $1,513,814 | $72,796 |
| 2022 | $16,655 | $1,555,500 | $1,484,131 | $71,369 |
| 2021 | $5,852 | $528,625 | $450,831 | $77,794 |
| 2020 | $5,795 | $523,205 | $446,208 | $76,997 |
| 2019 | $5,679 | $512,947 | $437,459 | $75,488 |
| 2018 | $5,567 | $502,890 | $428,882 | $74,008 |
| 2017 | $5,468 | $493,030 | $420,473 | $72,557 |
| 2016 | $5,347 | $483,363 | $412,228 | $71,135 |
| 2015 | $5,294 | $476,103 | $406,036 | $70,067 |
| 2014 | $5,168 | $466,777 | $398,082 | $68,695 |
Source: Public Records
Agents Affiliated with this Home
-
Tori Rimlinger
-
Meital Taub
Buyer's Agent in 2021
Meital Taub
Livel Real Estate
(949) 922-9552
2 in this area
279 Total Sales
-
Jill Lockhart
Buyer Co-Listing Agent in 2021
Jill Lockhart
Livel Real Estate
(714) 928-5519
1 in this area
57 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP21016607
APN: 045-066-20
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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