NOT LISTED FOR SALE

5 Veneto Newport Coast, CA 92657

Newport Coast Neighborhood

Estimated Value: $4,514,577 - $5,538,000

4 Beds
5 Baths
3,452 Sq Ft
$1,395/Sq Ft Est. Value

About This Home

This home is located at 5 Veneto, Newport Coast, CA 92657 and is currently estimated at $4,816,144, approximately $1,395 per square foot. 5 Veneto is a home located in Orange County with nearby schools including Newport Coast Elementary School, Corona del Mar Middle and High School, and St Matthew's Montessori.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2021
Sold by
Mccormick Mark E and Mark E Mccormick Trust
Bought by
Mccormick Mark E and Mccormick Megan E
Current Estimated Value
$4,816,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$893,360
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$3,922,784

Purchase Details

Closed on
Jul 5, 2016
Sold by
Mccormick Mark E
Bought by
Mccormick Mark E and Mark E Mccormick Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 16, 2011
Sold by
Mccormick Mark E
Bought by
Mccormick Mark E and Mark E Mccormick Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2011
Sold by
Mccormick Mark E
Bought by
Mccormick Mark E and Mark E Mccormick Trust

Purchase Details

Closed on
Apr 23, 2007
Sold by
Mccormick Mark E and Mccormick Mark
Bought by
Mccormick Mark E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2003
Sold by
Bishop Nicholas M and Vincent Bishop Susan L
Bought by
Mccormick Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2002
Sold by
Drevlow Robert R and Drevlow Marlene C
Bought by
Bishop Nicholas M and Bishop Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$944,250
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 1998
Sold by
Irvine Community Development Company
Bought by
Drevlow Robert R and Drevlow Marlene C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,700
Interest Rate
7.1%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Mccormick Mark E -- Chicago Title Company
Mccormick Mark E -- Fntg
Mccormick Mark E -- Lsi
Mccormick Mark E -- Lsi
Mccormick Mark E -- None Available
Mccormick Mark E -- Ticor Title Company Of Ca
Mccormick Mark $1,443,000 Stewart Title Company
Bishop Nicholas M $1,259,000 Chicago Title Co
Drevlow Robert R $851,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccormick Mark E $1,000,000
Closed Mccormick Mark E $850,000
Closed Mccormick Mark E $710,000
Closed Mccormick Mark E $938,000
Closed Mccormick Mark $1,000,000
Previous Owner Bishop Nicholas M $944,250
Previous Owner Drevlow Robert R $595,700
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 $22,341 $2,144,101 $1,537,314 $606,787
2024 $22,341 $2,102,060 $1,507,170 $594,890
2023 $21,816 $2,060,844 $1,477,618 $583,226
2022 $21,401 $2,020,436 $1,448,645 $571,791
2021 $20,659 $1,980,820 $1,420,240 $560,580
2020 $20,452 $1,918,525 $1,405,678 $512,847
2019 $19,991 $1,857,200 $1,378,115 $479,085
2018 $19,610 $1,820,785 $1,351,093 $469,692
2017 $19,532 $1,785,084 $1,324,601 $460,483
2016 $20,961 $1,750,083 $1,298,629 $451,454
2015 $20,812 $1,723,796 $1,279,123 $444,673
2014 $20,331 $1,690,030 $1,254,067 $435,963
Source: Public Records

Map

California Orange County Newport Beach 92657 Newport Coast

5 Veneto, Newport Beach, CA

Not Listed for Sale

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