NOT LISTED FOR SALE

Estimated Value: $5,341,000 - $7,238,000

4 Beds
3.5 Baths
2,100 Sq Ft
$3,001/Sq Ft Est. Value

Last Sold February 05, 2015

Last sale price $5,400,000 $2,571 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $41,258/month

10 Days on Market

Highlights

  • Ocean Front
  • Primary Bedroom Suite
  • Retreat
  • Newport Elementary School Rated A
  • Open Floorplan
  • Cathedral Ceiling

About This Home

As of February 2015

Located on one of the finest beaches Newport has to offer, this Cape Cod inspired home has sweeping coastline and white water ocean views. A ground up remodel in 2013, featuring sliding glass doors that open to the patio which creates an entertainers dream for the indoor / outdoor lifestyle. Traditional touches throughout, upgraded with the best of everything.

Last Agent to Sell the Property

Chris Brigandi

Arbor Real Estate License #00982965 Listed on: 01/05/2015

Arbor Real Estate

Last Buyer's Agent

Jon Flagg

Pacific Sotheby's Int'l Realty License #01316048

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $67,343

Year Built

  • Built in 1952

Lot Details

  • 1,920 Sq Ft Lot
  • Ocean Front

Parking

  • 2 Car Attached Garage

Property Views

  • White Water Ocean
  • Catalina

Interior Spaces

  • 2,100 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Loft
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level

Additional Features

  • Balcony
  • Suburban Location
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 523
  • Assessor Parcel Number 42449103

Home Details

Home Type

Single Family

Est. Annual Taxes

$67,343

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: West Newport Beach (WSNB)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42449103
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2100.00
  • Interior Amenities: Built-in Features, Balcony, Cathedral Ceiling(s), Ceiling Fan(s), Open Floorplan, Pantry
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Electric
  • Levels: Two
  • Price Per Square Foot: 2571.43
  • Room Type: Loft, Main Floor Bedroom, Master Suite, Walk-In Pantry, Walk-In Closet, Retreat

Exterior Features

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

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Upper Level
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Size Sq Ft: 1920.00
  • Lot Size Acres: 0.0440

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1920.0000 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
Jan 5, 2015
Closed on
Jan 27, 2015
Sold by
Farmer Jeffrey D and Farmer Karen B
Bought by
Jabara Lisa Ann and Lisa Camarigg Jabara Trust
Seller's Agent
Chris Brigandi
Arbor Real Estate
Buyer's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
List Price
$5,800,000
Sold Price
$5,400,000
Premium/Discount to List
-$400,000
-6.9%
Current Estimated Value
$6,510,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,110,490
Avg. Annual Appreciation
1.08%

Purchase Details

Closed on
Jul 14, 2008
Sold by
Espenschied Erich K
Bought by
Farmer Jeffrey D and Farmer Karen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.31%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 26, 2006
Sold by
Huberman Mary Anna and Huberman Ann
Bought by
Huberman Ann and Huberman Revocable Living Trust

Purchase Details

Closed on
Dec 30, 2005
Sold by
Espenschied Ernest K
Bought by
Espenschied Erich K and Huberman Mary Anna
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
Jabara Lisa Ann $5,400,000 Chicago Title Company
Farmer Jeffrey D $4,000,000 Equity Title Orange County-I
Espenschied Erich K -- Equity Title Orange County-I
Huberman Ann -- None Available
Espenschied Erich K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farmer Jeffrey D $200,000
Previous Owner Farmer Jeffrey D $700,000
Previous Owner Farmer Jeffrey D $840,000
Previous Owner Farmer Jeffrey D $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2015 02/05/15 Sold $5,400,000 -6.9% $2,571 / Sq Ft
01/15/2015 01/15/15 Pending -- -- --
01/05/2015 01/05/15 For Sale $5,800,000 -- $2,762 / 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 $67,343 $6,489,989 $6,100,904 $389,085
2024 $67,343 $6,362,735 $5,981,279 $381,456
2023 $65,773 $6,237,976 $5,863,999 $373,977
2022 $64,691 $6,115,663 $5,749,018 $366,645
2021 $63,447 $5,995,749 $5,636,293 $359,456
2020 $62,839 $5,934,270 $5,578,499 $355,771
2019 $61,525 $5,817,912 $5,469,116 $348,796
2018 $60,644 $5,703,836 $5,361,879 $341,957
2017 $59,646 $5,591,997 $5,256,745 $335,252
2016 $58,314 $5,482,350 $5,153,671 $328,679
2015 $43,850 $4,081,037 $3,775,006 $306,031
2014 $42,822 $4,001,096 $3,701,059 $300,037
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15002108

California Regional Multiple Listing Service (CRMLS)

APN: 424-491-03