NOT LISTED FOR SALE

Estimated Value: $4,890,720 - $5,900,000

4 Beds
4 Baths
2,310 Sq Ft
$2,345/Sq Ft Est. Value

Last Sold September 27, 2018

Last sale price $3,250,000 $1,407 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $32,605/month

Highlights

  • Ocean View
  • Home fronts a canal
  • 2 Car Attached Garage
  • Newport Elementary School Rated A
  • No HOA
  • Laundry Room

About This Home

As of March 2020

Tucked away in the heart of Newport Beach, this immaculate and modern beach home offers you the best of resort style living. Situated right on one of Newport's most sought after waterways, this stunningly remodeled home offers expansive indoor and outdoor entertaining space, 4 bedrooms, 4 baths and top-of-the-line upgrades throughout. The open floor plan is highlighted by gorgeous hardwood flooring, high ceilings and natural light throughout as well as La Cantina glass doors that merge the indoors with the outdoors. The Chef's kitchen features Professional Viking appliances, quartz countertops, custom cabinetry and an eat-up bar, perfect for entertaining. The great rooms offers stunning built-ins as well as dual wine refrigerators, custom Douglas silhouette blinds and direct access to the expansive outdoor entertaining area overlooking your private dock. A picturesque master suite offers stunning views, a large private balcony, spa-like bathroom with large soaking tub and large walk-in closet with custom built-ins. The main floor bedroom with adjacent full bath is ideal for guests and family alike and is complemented by two spacious 2nd-floor secondary bedrooms complete with designer finished bathrooms, one of which is en-suite. Rounding out this spectacular home is a rooftop deck and an oversized two-car garage. Just a few blocks from the boardwalk, this is truly a beach house with a dock that offers it all!

Last Agent to Rent the Property

Evan Balsis

Coldwell Banker Realty License #01966731 Listed on: 01/25/2020

Coldwell Banker Realty

Last Renter's Agent

Julia Walker

First Team Real Estate License #02026537

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,793

Year Built

  • Built in 1932

Lot Details

  • 3,000 Sq Ft Lot
  • Home fronts a canal
  • Back Yard

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Canal

Interior Spaces

  • 2,310 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Exterior Lighting
  • Central Air

Listing and Financial Details

  • Security Deposit $12,000
  • 12-Month Minimum Lease Term
  • Available 1/25/20
  • Legal Lot and Block 3 / 536
  • Tax Tract Number 164
  • Assessor Parcel Number 42308103

Community Details

Overview

  • No Home Owners Association

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,793

Year Built

Built in 1932

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2020-01-25
  • Credit Check Paid By: Tenant
  • Deposit Key: 500
  • Deposit Other: 12000
  • Deposit Pets: 500
  • Deposit Security: 12000
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Total Move In Costs: 25000.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Other Phone Description: 949-939-1885
  • Property Attached: No
  • Subdivision Name Other: Newport Island (NEWI)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 42308103
  • Year Built: 1932
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2310.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 4.11
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Canal, Ocean, Water
  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Watersports, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 3000.00
  • Lot Size Acres: 0.0689

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 3000.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Canal Front

Tax Info

  • Tax Block: 536
  • Tax Census Tract: 635.00
  • Tax Lot: 3
  • Tax Tract Number: 164

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2021
Sold by
Godoy Benny and Godoy Bernardo Samuel
Bought by
Godoy Bernardo Samuel and Godoy Family Trust
Current Estimated Value
$5,416,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,775,000
Outstanding Balance
$2,523,334
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,893,096

Purchase Details

Closed on
Jun 24, 2021
Sold by
Godoy Benny Samuel and Godoy Family Trust
Bought by
Godoy Benny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,775,000
Outstanding Balance
$2,523,334
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,893,096

Purchase Details

Closed on
Mar 30, 2021
Sold by
Godoy Benny
Bought by
Godoy Bernardo Samuel and Godoy Family Trust

Purchase Details

Listed on
Mar 7, 2018
Closed on
Aug 2, 2018
Sold by
Wildvank Craig and Wildvank Roseli
Bought by
Godoy Benny
Seller's Agent
Brandon Hobbs
Arbor Real Estate
Buyer's Agent
Scott Cheramie
MERIDIAN PROPERTY GROUP
List Price
$3,299,000
Sold Price
$3,250,000
Premium/Discount to List
-$49,000
-1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%
Original Mortgage
$2,762,500
Interest Rate
6.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 29, 2014
Closed on
Mar 10, 2014
Sold by
Morgridge Kathryn Marie
Bought by
Wildvank Craig and Wildvank Roseli
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
List Price
$1,950,000
Sold Price
$1,950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.16%

Purchase Details

Closed on
Apr 17, 1996
Sold by
Morgridge Howard H
Bought by
Morgridge Kathryn Marie and Kathryn Marie Morgridge Trust
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
Godoy Bernardo Samuel -- Accommodation
Godoy Benny -- Stewart Title Of California
Godoy Bernardo Samuel -- None Available
Godoy Benny $3,250,000 Chicago Title Co
Wildvank Craig $1,900,000 Ticor Title Tustin Orange Co
Morgridge Kathryn Marie -- --
Morgridge Kathryn Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Godoy Family Trust $645,000
Open Godoy Benny $2,775,000
Closed Godoy Benny $2,799,000
Previous Owner Godoy Benny $2,762,500
Previous Owner Morgridge Kathryn Marie $725,000
Previous Owner Morgridge Kathryn Marie $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2020 03/18/20 Rented $9,500 -5.0% --
03/17/2020 03/17/20 Under Contract -- -- --
03/11/2020 03/11/20 Price Changed $10,000 -9.1% $4 / Sq Ft
02/25/2020 02/25/20 Price Changed $11,000 -4.3% $5 / Sq Ft
02/21/2020 02/21/20 Price Changed $11,500 -4.2% $5 / Sq Ft
01/25/2020 01/25/20 For Rent $12,000 +9.1% --
11/30/2018 11/30/18 Rented $11,000 0.0% --
11/19/2018 11/19/18 Under Contract -- -- --
11/16/2018 11/16/18 Price Changed $11,000 -8.3% $5 / Sq Ft
11/12/2018 11/12/18 For Rent $12,000 0.0% --
09/27/2018 09/27/18 Sold $3,250,000 -3.0% $1,407 / Sq Ft
07/17/2018 07/17/18 Pending -- -- --
05/07/2018 05/07/18 Price Changed $3,349,000 +1.5% $1,450 / Sq Ft
03/07/2018 03/07/18 For Sale $3,299,000 +69.2% $1,428 / Sq Ft
04/15/2014 04/15/14 Sold $1,950,000 0.0% $912 / Sq Ft
02/14/2014 02/14/14 Pending -- -- --
01/29/2014 01/29/14 For Sale $1,950,000 -- $912 / 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 $37,793 $3,625,434 $3,409,667 $215,767
2024 $37,793 $3,554,348 $3,342,811 $211,537
2023 $36,910 $3,484,655 $3,277,265 $207,390
2022 $36,300 $3,416,329 $3,213,005 $203,324
2021 $35,604 $3,349,343 $3,150,005 $199,338
2020 $35,262 $3,315,000 $3,117,705 $197,295
2019 $34,528 $3,250,000 $3,056,573 $193,427
2018 $21,910 $2,051,118 $1,854,472 $196,646
2017 $21,523 $2,010,900 $1,818,109 $192,791
2016 $21,039 $1,971,471 $1,782,460 $189,011
2015 $20,800 $1,937,962 $1,755,686 $182,276
2014 $7,245 $664,323 $503,456 $160,867
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20017719

California Regional Multiple Listing Service (CRMLS)

APN: 423-081-03