NOT LISTED FOR SALE

Estimated Value: $5,534,000 - $9,483,000

3 Beds
3.5 Baths
2,250 Sq Ft
$3,293/Sq Ft Est. Value

Last Sold April 10, 2014

Last sale price $4,980,000 $2,213 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $44,754/month

23 Days on Market

Highlights

  • Ocean Front
  • Cape Cod Architecture
  • No HOA
  • Newport Elementary School Rated A
  • Fireplace in Primary Bedroom
  • 2 Car Attached Garage

About This Home

As of April 2014

Located on one of the finest beaches Newport Beach has to offer, this Cape Cod inspired home has sweeping coastline and white water ocean views. The chef’s kitchen includes top of the line appliances with additional drawer refrigeration. The living room features a fireplace, extensive custom wood cabinetry and formal dining area all opening to an expansive patio with built in seating. An inviting staircase leads you to the master bedroom with fireplace and deck boasting commanding views of the ocean. Rare master bath has ocean views as well. This home features a unique third story that can be utilized as an office or a second master suite. The finest finishes used throughout. Built by renown Hilton builders.

Last Agent to Sell the Property

Randy Beck

Arbor Real Estate License #01895043 Listed on: 02/14/2014

Arbor Real Estate

Last Buyer's Agent

Evan Corkett

Pacific Sotheby's Int'l Realty License #00468496

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $63,369

Year Built

  • Built in 2002

Lot Details

  • 2,065 Sq Ft Lot
  • Ocean Front

Parking

  • 2 Car Attached Garage

Property Views

  • White Water Ocean
  • Coastline
  • Catalina

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 2,250 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms

Outdoor Features

  • Exterior Lighting

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 523
  • Assessor Parcel Number 42449203

Home Details

Home Type

Single Family

Est. Annual Taxes

$63,369

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: West Newport Beach (WSNB)
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42449203
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2250.00
  • Stories: 3
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Three Or More
  • Price Per Square Foot: 2213.33
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Catalina, Coastline, Ocean, White Water
  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 2065.00
  • Lot Size Acres: 0.0470

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2065.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Front

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 523

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2014
Closed on
Mar 14, 2014
Sold by
Escalette Geoffrey
Bought by
Jaramillo Family Trust
Seller's Agent
Randy Beck
Arbor Real Estate
Buyer's Agent
Evan Corkett
Pacific Sotheby's Int'l Realty
List Price
$5,100,000
Sold Price
$4,980,000
Premium/Discount to List
-$120,000
-2.35%
Current Estimated Value
$7,408,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,428,849
Avg. Annual Appreciation
3.70%
Original Mortgage
$3,237,000
Outstanding Balance
$2,710,725
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,834,816

Purchase Details

Closed on
Oct 7, 1998
Sold by
Turbow Sherwyn J
Bought by
Escalette Geoffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$693,000
Interest Rate
6.73%
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
Jaramillo Family Trust $4,980,000 Chicago Title Company
Escalette Geoffrey $990,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaramillo Family Trust $3,237,000
Previous Owner Escalette Geoffrey $630,000
Previous Owner Escalette Geoffrey $650,000
Previous Owner Escalette Geoffrey $693,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2014 04/10/14 Sold $4,980,000 -2.4% $2,213 / Sq Ft
03/09/2014 03/09/14 Pending -- -- --
02/14/2014 02/14/14 For Sale $5,100,000 -- $2,267 / 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 $63,369 $6,104,796 $5,756,766 $348,030
2024 $63,369 $5,985,095 $5,643,889 $341,206
2023 $61,892 $5,867,741 $5,533,225 $334,516
2022 $60,873 $5,752,688 $5,424,731 $327,957
2021 $59,703 $5,639,891 $5,318,364 $321,527
2020 $59,131 $5,582,061 $5,263,830 $318,231
2019 $57,895 $5,472,609 $5,160,617 $311,992
2018 $57,087 $5,365,303 $5,059,428 $305,875
2017 $56,152 $5,260,101 $4,960,223 $299,878
2016 $54,899 $5,156,962 $4,862,963 $293,999
2015 $54,391 $5,079,500 $4,789,917 $289,583
2014 $16,000 $1,449,838 $1,213,254 $236,584
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP14032191

California Regional Multiple Listing Service (CRMLS)

APN: 424-492-03