NOT LISTED FOR SALE

Estimated Value: $2,611,037

3 Beds
2 Baths
2,556 Sq Ft
$1,022/Sq Ft Est. Value

Last Sold June 27, 2017

Last sale price $1,505,000 $589 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $15,294/month

522 Days on Market

Highlights

  • Gated with Attendant
  • View of Catalina
  • 1.6 Acre Lot
  • Loma Ridge Elementary School Rated A
  • All Bedrooms Downstairs
  • Property is near park

About This Home

As of June 2017

Own a part of Irvine history. 55 Parson Brown was the Lambert home built in 1925. A Lambert family member has owned and resided in the home since it was built. It is a Craftsman style home that has been restored to its original condition with all of the charm and grace of its era. From the living room you can see Newport Beach Fashion Island and beyond. The main house is a two bedroom, one bathroom, kitchen, living room, dining room, sun room and basement. The detached guest house is a very large one bedroom, siting room, bathroom and kitchen. It has a four car garage with two separate storage rooms. The landscaping, with its very old and beautiful trees, is absolutely pristine. If you are looking for a home with charm and elegance 55 Parson Brown is the home for you.

Last Agent to Sell the Property

Ray Lamoureux

S/R Lamoureux License #00671120 Listed on: 09/28/2015

Co-Listed By

Susan Lamoureux

S/R Lamoureux License #00895977

Last Buyer's Agent

Robert Shiota

Robert T. Shiota, Broker License #00588572

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 1.6 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Secluded Lot
  • Lawn

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 4 Car Garage

Property Views

  • Catalina
  • Panoramic
  • City Lights
  • Mountain
  • Hills

Interior Spaces

  • 2,556 Sq Ft Home
  • Built-In Features
  • Wood Burning Fireplace
  • Heatilator
  • Living Room with Fireplace
  • Workshop
  • Wood Flooring
  • Breakfast Area or Nook
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down

Location

  • Property is near park
  • Suburban Location

Additional Features

  • Exterior Lighting
  • Central Heating

Listing and Financial Details

  • Tax Lot 369
  • Tax Tract Number 143
  • Assessor Parcel Number 58027149

Community Details

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Additional Features

  • Gated with Attendant

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

HOA Fees

$360 per month

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Gated Community, Gated with Guard
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 58027149
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2556.00 Square Feet
  • Interior Amenities: Built-in Features
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook
  • Fireplace Features: Heatilator, Living Room, Wood Burning
  • Levels: One
  • Price Per Square Foot: 588.81
  • Room Type: Basement, All Bedrooms Down, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Workshop

Exterior Features

  • View: Catalina, City Lights, Hills, Mountain(s), Panoramic
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Playground, Pool, Spa/Hot Tub
  • Association Fee: 360.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Lawn, Landscaped, Lot Over 40000 Sqft, Park Nearby, Secluded
  • Lot Size Sq Ft: 69870.00
  • Price Per Lot Square Foot: 25.73
  • Lot Size Acres: 1.6040

Multi Family

  • Lease Considered: No
  • Lot Size Area: 69870.0000 Square Feet

Tax Info

  • Tax Lot: 369
  • Tax Tract Number: 143

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2015
Closed on
May 3, 2017
Sold by
Randall Timothy L
Bought by
Shiota Robert and Shiota Joyce Byrd
Seller's Agent
Ray Lamoureux
S/R Lamoureux
Buyer's Agent
Robert Shiota
Robert T. Shiota, Broker
List Price
$2,200,000
Sold Price
$1,505,000
Premium/Discount to List
-$695,000
-31.59%
Current Estimated Value
$2,611,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,106,037
Avg. Annual Appreciation
6.76%
Original Mortgage
$600,000
Interest Rate
4.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 29, 2015
Sold by
Harbor Field Holdings Llc
Bought by
Randall Timothy

Purchase Details

Closed on
Jun 4, 2002
Sold by
Tucker Barbara A and Lambert Barbara A
Bought by
Tucker Barbara and Barbara Tucker Revocable Inter Vivos Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shiota Robert $1,505,000 First American Title Company
Randall Timothy -- Accommodation
Tucker Barbara -- --
Lambert Lucille -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shiota Robert $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2017 06/27/17 Sold $1,505,000 -11.4% $589 / Sq Ft
03/03/2017 03/03/17 Pending -- -- --
09/14/2016 09/14/16 Price Changed $1,698,000 -5.6% $664 / Sq Ft
05/23/2016 05/23/16 Price Changed $1,798,000 -10.0% $703 / Sq Ft
03/17/2016 03/17/16 Price Changed $1,998,000 +66.8% $782 / Sq Ft
03/16/2016 03/16/16 Price Changed $1,198,000 -45.5% $469 / Sq Ft
01/16/2016 01/16/16 For Sale $2,200,000 0.0% $861 / Sq Ft
11/11/2015 11/11/15 Pending -- -- --
09/28/2015 09/28/15 For Sale $2,200,000 -- $861 / 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 $15,524 $1,421,714 $1,305,658 $116,056
2024 $15,524 $1,393,838 $1,280,057 $113,781
2023 $15,162 $1,366,508 $1,254,958 $111,550
2022 $14,821 $1,339,714 $1,230,351 $109,363
2021 $14,504 $1,313,446 $1,206,227 $107,219
2020 $14,357 $1,299,979 $1,193,859 $106,120
2019 $14,142 $1,274,490 $1,170,450 $104,040
2018 $13,851 $1,249,500 $1,147,500 $102,000
2017 $1,620 $85,649 $75,670 $9,979
2016 $1,597 $83,970 $74,186 $9,784
2015 $1,575 $82,709 $73,071 $9,638
2014 $1,555 $81,089 $71,639 $9,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15213011

California Regional Multiple Listing Service (CRMLS)

APN: 580-271-49