NOT LISTED FOR SALE
3 Beds
3.5 Baths
2,509 Sq Ft
5,227 Sq Ft Lot

Sale Details

Date Sold: January 22, 2024

Last sale price $2,625,000 $1,046 Per Sq Ft

55 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Marble Flooring
  • Guest House
  • Colonial Architecture
  • Cathedral Ceiling

About This Home

As of January 2024

Built in 1850, the Merritt House has been thoughtfully renovated and restored - maintaining all of its historic charm, while adding modern amenities that today's buyer seeks. This classic New England Colonial exudes elegance and sophistication at every turn. As you enter the residence, you'll observe and appreciate the natural light, the open floorplan as well as the high ceilings throughout. The floors consist of white and red oak hardwood. The gourmet kitchen has a stunning reclaimed wood island, an Aga Stove, a wet bar and a sweet banquette with a gas fireplace. The dining area can comfortably seat 8 and the living room has built-in shelves with another gas fireplace, and French doors that open into a beautifully manicured yard. There is a powder room with laundry and a comfortable first-floor ensuite bedroom - a rarity for a home of this age! The second-floor primary suite includes an ensuite bathroom, an office, and a multi-purpose space with a built-in bed nook. The guest cottage is stunning with a kitchenette, a beautiful bathroom with penny tile, a bedroom with built-in bunk beds & a cozy seating area. The property has recently been re-landscaped, including a brick path from the brick herringbone driveway. Other features include a whole house water filtration system, plumbed in gas BBQ, new security system w/ cameras & all new phantom screens. This turnkey jewel on the Point is just two blocks away from Newport Harbor and a short stroll to the restaurants and shops!

Last Agent to Sell the Property

Jessica Chase

Gustave White Sotheby's Realty License #RES.0040224 Listed on: 11/01/2023

Gustave White Sotheby's Realty

Last Buyer's Agent

Lisa Pisaturo

Residential Properties Ltd. License #RES.0045087

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,503

Year Built

  • Built in 1850

Lot Details

  • 5,227 Sq Ft Lot
  • Security Fence
  • Property is zoned R10

Home Design

  • Colonial Architecture
  • Antique Architecture
  • Cottage
  • Brick Foundation
  • Block Foundation
  • Stone Foundation
  • Wood Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Masonry
  • Plaster

Interior Spaces

  • 2,509 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Skylights
  • 2 Fireplaces
  • Gas Fireplace
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Unfinished Basement
  • Partial Basement
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Storm Windows
  • Storm Doors

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Patio
  • Outbuilding
  • Outdoor Grill

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Gas Water Heater

Additional Features

  • Guest House
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 61
  • Assessor Parcel Number 57SECONDSTNEWP

Community Details

Overview

  • The Point Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,503

Year Built

Built in 1850

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Inclusions: *Virtual Tour is from previous sale - some furnishings/artwork have changed. See photos for current furnishings/art.* Furnishings included at full price.
  • Subdivision Name: The Point
  • Above Grade Finished Sq Ft: 2509.0
  • Architectural Style: Cabin/Cottage, Colonial, Historic/Antique
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1850
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Marble, Carpet
  • Interior Amenities: Attic, Bathtub, Cathedral Ceiling(s), Permanent Attic Stairs, Skylights, Tub Shower, Furnished
  • Living Area: 2509.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • Window Features: Skylight(s), Storm Window(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced, Security
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard, Masonry, Wood Siding
  • Exterior Features: Patio, Barbecue
  • Foundation Details: Block, Brick/Mortar, Concrete Perimeter, Stone
  • Other Structures: Guest House, Outbuilding
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air, Ductless, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Restaurant, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.0
  • Parcel #: 57SECONDSTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 10503.0
  • Tax Lot: 61
  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Jan 22, 2024
Sold by
Bought by
Seller's Agent
Jessica Chase
Gustave White Sotheby's Realty
Buyer's Agent
Lisa Pisaturo
Residential Properties Ltd.
List Price
$2,675,000
Sold Price
$2,625,000
Premium/Discount to List
-$50,000
-1.87%
Views
242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,560,000
Outstanding Balance
$1,514,869
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2022
Sold by
Bought by

Purchase Details

Closed on
Jun 19, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2006
Sold by
Bought by

Purchase Details

Closed on
Jan 27, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,625,000 None Available
$2,490,000 None Available
$975,000 --
$702,000 --
$795,000 --
$290,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,560,000
Previous Owner $1,247,000
Previous Owner $500,000
Closed $195,750
Previous Owner $780,000
Previous Owner $250,000
Closed $50,000
Previous Owner $590,000
Previous Owner $443,000
Previous Owner $170,400
Previous Owner $67,948
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/22/2024 01/22/24 Sold $2,625,000 -1.9% $1,046 / Sq Ft
12/26/2023 12/26/23 Pending -- -- --
11/01/2023 11/01/23 For Sale $2,675,000 -- $1,066 / Sq Ft
Source: State-Wide MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $15,346 $2,137,300 $489,100 $1,648,200
2024 $17,891 $2,176,500 $489,100 $1,687,400
2023 $10,503 $1,058,800 $322,000 $736,800
2022 $10,175 $1,058,800 $322,000 $736,800
2021 $9,879 $1,058,800 $322,000 $736,800
2020 $8,008 $779,000 $286,600 $492,400
2019 $8,008 $779,000 $286,600 $492,400
2018 $7,782 $779,000 $286,600 $492,400
2017 $7,594 $677,400 $220,400 $457,000
2016 $7,404 $677,400 $220,400 $457,000
2015 $7,228 $677,400 $220,400 $457,000
2014 $8,083 $670,200 $172,300 $497,900
Source: Public Records

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Map

Source: State-Wide MLS

MLS Number: 1347210

State-Wide MLS

APN: NEWP M:012 B:0061

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