NOT LISTED FOR SALE

Estimated Value: $2,787,000 - $3,184,000

3 Beds
2 Baths
1,710 Sq Ft
$1,755/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $1,999,999 $1,170 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $17,924/month

3 Days on Market

Highlights

  • Beach Access
  • Two Primary Bedrooms
  • Open Floorplan
  • Newport Elementary School Rated A
  • Across the Road from Lake or Ocean
  • Canal View

About This Home

As of June 2021

Light and bright and just blocks from one of Newport’s finest beaches, 514 Canal is the Newport Shores home you have been waiting for.
Residing on a highly sought-after premier corner location, this expansive 45-foot-wide property, 3,055 square foot lot provides spacious outdoor areas and a rare opportunity. Freshly painted, new carpet and updated lighting make this home perfectly move in ready. This A- frame beach home has three generous size bedrooms, two baths with an open floor plan with 16 foot cathedral ceilings allowing an abundance of natural light. The 12 by 16-foot first floor bedroom includes an updated en suite bath completed with quartz counters, zero curb glass shower, custom cabinetry, and Graff fixtures as well as doors that open to spacious side patio. The second floor master bedroom offers vaulted ceilings, his and her walk-in closets and a private deck. The second floor also includes a 19 by 10-foot bedroom with a walk-in closet and a large office with custom cabinetry and shelving. The second floor balcony offers excellent views of the canal and clubhouse. This home also features a wood burning fireplace, hard wood flooring and recessed lighting throughout. The property is outlined with more than 90 feet of freshly upgraded landscaped planters filled with succulents and palm trees and rare driveway with an opportunity to park two cars in addition to garage parking. Enjoy beach living as well as the amenities of the Newport Shores Community Association-clubhouse, pool, tennis court, volleyball court, BBQ and play areas.

Last Agent to Sell the Property

Rebecca Anderson

Surterre Properties Inc. License #01913892 Listed on: 05/25/2021

Surterre Properties Inc.

Last Buyer's Agent

Alison Eastman

Compass License #01504800

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,652

Year Built

  • Built in 1965

Lot Details

  • 3,055 Sq Ft Lot
  • Northwest Facing Home
  • Masonry wall
  • Wood Fence
  • Stucco Fence
  • Fence is in good condition
  • Density is up to 1 Unit/Acre

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • Canal
  • Mountain
  • Pool

Home Design

  • Cape Cod Architecture
  • Fire Rated Drywall
  • Frame Construction
  • Pre-Cast Concrete Construction
  • Plaster

Interior Spaces

  • 1,710 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • L-Shaped Dining Room

Kitchen

  • Galley Kitchen
  • Double Convection Oven
  • Gas Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Double Master Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • 220 Volts In Laundry
  • Washer and Gas Dryer Hookup

Accessible Home Design

  • Halls are 36 inches wide or more
  • More Than Two Accessible Exits
  • Accessible Parking

Outdoor Features

  • Beach Access
  • Living Room Balcony
  • Deck
  • Open Patio
  • Exterior Lighting
  • Front Porch

Location

  • Across the Road from Lake or Ocean

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • 220 Volts in Garage
  • 220 Volts in Kitchen

Listing and Financial Details

  • Legal Lot and Block 16 / 23
  • Tax Tract Number 772
  • Assessor Parcel Number 04506624

Community Details

Overview

  • Newport Shores Community Association, Phone Number (949) 433-1943
  • Newport Shores HOA
  • Newport Shores Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,652

Year Built

Built in 1965

Lot Details

0

HOA Fees

$46 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Newport Shores (NEWS)
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04506624
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1710.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), Chair Railings, Crown Molding, High Ceilings, Living Room Balcony, Open Floorplan, Stone Counters, Tile Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: 2+ Access Exits, 36 Inch Or More Wide Halls, Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Ell
  • Fireplace Features: Family Room, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1169.59
  • Room Type: Family Room, Galley Kitchen, Kitchen, Main Floor Master Bedroom, Two Masters
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: Northwest
  • View: Canal, Mountain(s), Pool
  • Fence: Yes
  • Fencing: Good Condition, Masonry, Stucco Wall, Wood
  • Patio And Porch Features: Concrete, Deck, Patio Open, Front Porch
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls, Frame, Glass, Plaster

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Underground Utilities
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Convection Oven, Dishwasher, Double Oven, Freezer, Disposal, Gas Oven, Gas Cooktop, Microwave, Range Hood, Refrigerator
  • Electric: 220 Volts in Garage, 220 Volts in Kitchen, 220 Volts in Laundry
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Barbecue, Picnic Area, Playground, Tennis Court(s), Sport Court, Clubhouse
  • Association Fee: 46.00
  • Association Fee Frequency: Monthly
  • Association Name: Newport Shores Community Association
  • Phone: 9494331943
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Newport Shores

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3055.00
  • Lot Size Acres: 0.0701

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3055.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Across the Road from Lake/Ocean, Beach Access

Tax Info

  • Tax Block: 23
  • Tax Census Tract: 636.03
  • Tax Lot: 16
  • Tax Tract Number: 772

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2021
Closed on
Jun 17, 2021
Sold by
Duarte Carrie
Bought by
Harris Adam P and Harris Alison L
Seller's Agent
Rebecca Anderson
Surterre Properties Inc.
Buyer's Agent
Alison Eastman
Compass
List Price
$1,999,999
Sold Price
$1,999,999
Current Estimated Value
$3,001,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,001,373
Avg. Annual Appreciation
9.15%
Original Mortgage
$1,599,999
Outstanding Balance
$1,464,280
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,432,666

Purchase Details

Listed on
Jul 30, 2020
Closed on
Aug 20, 2020
Sold by
Hopkins Brian and Trexler Ashley
Bought by
Duarte Carrie
Seller's Agent
Brian Hopkins
Brian Hopkins, Broker
Buyer's Agent
Rebecca Anderson
Surterre Properties Inc.
List Price
$1,849,000
Sold Price
$1,849,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.19%
Original Mortgage
$1,479,200
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2018
Sold by
Forgey Duncan P and Forgey Madelynn S
Bought by
Hopkins Brian and Trexler Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,140,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 26, 2014
Sold by
Forgey Duncan P and Forgey Madelynn S
Bought by
The 2013 Forgey Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 21, 2013
Sold by
Forgey Duncan and Forgey Madelynn
Bought by
Forgey Duncan P and Forgey Madelynn S

Purchase Details

Closed on
Mar 21, 2012
Sold by
Forgey Duncan Phillips and Forgey Madelynn S
Bought by
Forgey Duncan Phillips and Forgey Madelynn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2009
Sold by
Forgey Duncan Phillipps and Forgey Madelynn S
Bought by
Forgey Duncan Phillipps and Forgey Madelynn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2009
Sold by
Forgey Duncan Phillipps and Forgey Madelynn S
Bought by
Forgey Duncan Phillipps and Forgey Madelynn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2004
Sold by
Forgey Duncan Phillips
Bought by
Forgey Duncan Phillips and Forgey Madelynn S

Purchase Details

Closed on
Jul 28, 2003
Sold by
Forgey Madelynn Stetson
Bought by
Forgey Duncan Phillipps

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2002
Sold by
Forgey Duncan Phillipps and Forgey Madelynn S
Bought by
Forgey Duncan Phillipps and Forgey Madelynn Stetson

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
7.17%

Purchase Details

Closed on
Jun 6, 2001
Sold by
Forgey Madelynn S
Bought by
Forgey Duncan Phillips

Purchase Details

Closed on
Jun 23, 1999
Sold by
Duncan Forgey and Duncan Madelynn
Bought by
Forgey Duncan Phillips and Forgey Madelynn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
7.12%

Purchase Details

Closed on
Oct 5, 1993
Sold by
Denniston Realty Investors I
Bought by
Stone Stephen Earl and Stone Sandra Raye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
6.98%
Source: Public Records

Range of Values:

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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
Harris Adam P $2,000,000 Chicago Title Company
Duarte Carrie $1,849,000 Chicago Title Company
Hopkins Brian $1,520,000 California Title Co
The 2013 Forgey Trust -- Accommodation
Forgey Duncan P -- First American Title Company
Forgey Duncan P -- None Available
Forgey Duncan P -- None Available
Forgey Duncan Phillips -- Accommodation
Forgey Duncan Phillipps -- California Title Mission Vie
Forgey Duncan Phillipps -- Accommodation
Forgey Duncan Phillipps -- Netco Title Company
Forgey Duncan Phillips -- --
Forgey Duncan Phillipps -- Landsafe Title
Forgey Duncan Phillipps -- First American Title Co
Forgey Duncan Phillips -- Chicago Title Co
Forgey Duncan Phillips -- Fidelity National Title Ins
Forgey Duncan Phillipps $430,000 Chicago Title Co
Stone Stephen Earl -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Adam P $1,599,999
Previous Owner Duarte Carrie $1,479,200
Previous Owner Hopkins Brian $415,000
Previous Owner Hopkins Brian $755,000
Previous Owner Hopkins Brian $1,140,000
Previous Owner Forgey Duncan P $200,000
Previous Owner Forgey Duncan P $500,000
Previous Owner Forgey Duncan Phillipps $400,000
Previous Owner Forgey Duncan Phillipps $82,500
Previous Owner Forgey Duncan Phillipps $356,000
Previous Owner Forgey Duncan Phillipps $75,000
Previous Owner Forgey Duncan Phillipps $301,000
Previous Owner Forgey Duncan Phillipps $300,000
Previous Owner Forgey Duncan Phillipps $290,000
Previous Owner Stone Stephen Earl $238,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $1,999,999 0.0% $1,170 / Sq Ft
05/25/2021 05/25/21 For Sale $1,999,999 +8.2% $1,170 / Sq Ft
10/02/2020 10/02/20 Sold $1,849,000 0.0% $1,081 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $1,849,000 +21.6% $1,081 / Sq Ft
04/23/2018 04/23/18 Sold $1,520,000 -1.9% $889 / Sq Ft
02/22/2018 02/22/18 Pending -- -- --
01/30/2018 01/30/18 For Sale $1,549,000 -- $906 / 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 $22,652 $2,164,860 $2,064,000 $100,860
2024 $22,652 $2,122,412 $2,023,529 $98,883
2023 $22,120 $2,080,797 $1,983,852 $96,945
2022 $21,751 $2,039,998 $1,944,953 $95,045
2021 $19,818 $1,849,000 $1,757,982 $91,018
2020 $17,010 $1,581,408 $1,487,479 $93,929
2019 $16,660 $1,550,400 $1,458,312 $92,088
2018 $6,460 $580,839 $477,588 $103,251
2017 $6,347 $569,450 $468,223 $101,227
2016 $6,207 $558,285 $459,042 $99,243
2015 $6,147 $549,900 $452,147 $97,753
2014 $6,003 $539,129 $443,290 $95,839
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP21109473

California Regional Multiple Listing Service (CRMLS)

APN: 045-066-24