NOT LISTED FOR SALE

Estimated Value: $7,221,000 - $8,497,030

4 Beds
4.5 Baths
2,670 Sq Ft
$2,944/Sq Ft Est. Value

Last Sold December 22, 2016

Last sale price $4,900,000 $1,835 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $47,749/month

204 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Primary Bedroom Suite
  • Newport Elementary School Rated A
  • Above Ground Spa
  • 3-minute walk to West Newport Park

About This Home

As of December 2016

Take in panoramic ocean and sunset views from this great beach house located on the sand in sought-after West Newport. This spacious home sits on an extra deep, over-sized lot near one of the best surf breaks in Newport Beach. Boasting an incredible location away from the boardwalk, this well-appointed home offers an inviting interior as well as functional indoor/outdoor living. There are 4 bedrooms and 4.5 baths, including a spacious master suite with a peaceful sitting area that looks out to the Pacific. You'll have front-row ocean views from the important rooms of this two-story home. Notable features and finishes include Travertine flooring, granite and marble counters, an attached 3-car garage with plenty of room for cars and storage of bikes and boards!

Last Agent to Sell the Property

Tim Carr

Pacific Sotheby's Int'l Realty License #01017277 Listed on: 05/16/2016

Last Buyer's Agent

Chris Brigandi

Arbor Real Estate License #00982965

Arbor Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $59,058

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • 2,610 Sq Ft Lot
  • Beach Front

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Slab Foundation
  • Composition Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,670 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Recessed Lighting
  • Fireplace
  • French Doors
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Living Room Balcony

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Six Burner Stove
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Above Ground Spa
  • Ocean Side of Freeway
  • Concrete Porch or Patio
  • Outdoor Fireplace
  • Fire Pit
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Forced Air Heating System
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 523
  • Assessor Parcel Number 42448103

Home Details

Home Type

Single Family

Est. Annual Taxes

$59,058

Year Built

Built in 1980 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: West Newport Beach (WSNB)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42448103
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2670.00 Square Feet
  • Interior Amenities: Granite Counters, High Ceilings, Living Room Balcony, Recessed Lighting
  • Stories: 2
  • Entry Location: Ground Level
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Fire Pit, Outside
  • Levels: Two
  • Price Per Square Foot: 1835.21
  • Room Type: Family Room, Great Room, Living Room, Main Floor Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Above Ground
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Coastline, Ocean, Panoramic, White Water
  • Patio And Porch Features: Concrete, Patio
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Concrete

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Door Opener
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected, Sewer Available, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Disposal, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Forced Air
  • Laundry Features: Inside, Individual Room, Upper Level
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 2610.00
  • Price Per Lot Square Foot: 2049.43

Multi Family

  • Lease Considered: No
  • Waterfront Features: Beach Access, Beach Front, Ocean Front, Ocean Side of Freeway

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 523

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2020
Sold by
Chester Chris L and The Chester Living Trust
Bought by
Chester Chris L and The Chester Living Trust
Current Estimated Value
$7,860,010

Purchase Details

Listed on
May 16, 2016
Closed on
Dec 8, 2016
Sold by
Sewell Jeffrey Alan
Bought by
Chester Chris L and Chester Sarah E
Seller's Agent
Tim Carr
Pacific Sotheby's Int'l Realty
Buyer's Agent
Chris Brigandi
Arbor Real Estate
List Price
$5,450,000
Sold Price
$4,900,000
Premium/Discount to List
-$550,000
-10.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%

Purchase Details

Listed on
Aug 14, 2012
Closed on
Aug 17, 2012
Sold by
Wisdom Shane P and Wisdom Angela M
Bought by
Sewell Jeffrey Alan and Jeffrey Alan Sewell Nonexempt Trust
Seller's Agent
Tim Carr
Pacific Sotheby's Int'l Realty
Buyer's Agent
Tim Carr
Pacific Sotheby's Int'l Realty
List Price
$4,349,000
Sold Price
$4,100,000
Premium/Discount to List
-$249,000
-5.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.25%

Purchase Details

Closed on
Jun 23, 2005
Sold by
Wisdom Shane and Wisdom Angela
Bought by
Wisdom Shane P and Wisdom Angela M

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
5.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 8, 2003
Sold by
Nally J and Nally T
Bought by
Wisdom Shane and Wisdom Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,771,800
Interest Rate
5.61%
Mortgage Type
Commercial
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
Chester Chris L -- None Available
Chester Chris L $4,900,000 North American Title Company
Sewell Jeffrey Alan $4,100,000 Equity Title Orange County-I
Wisdom Shane P -- --
Wisdom Shane $2,362,500 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chester Chris L $3,185,000
Previous Owner Wisdom Shane R $750,000
Previous Owner Wisdom Shane P $500,000
Previous Owner Wisdom Shane $250,000
Previous Owner Wisdom Shane $2,487,000
Previous Owner Wisdom Angela $544,262
Previous Owner Wisdom Shane $550,000
Previous Owner Wisdom Shane $1,771,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2016 12/22/16 Sold $4,900,000 -5.8% $1,835 / Sq Ft
09/28/2016 09/28/16 Price Changed $5,199,000 -2.8% $1,947 / Sq Ft
08/12/2016 08/12/16 Price Changed $5,349,000 -1.9% $2,003 / Sq Ft
05/16/2016 05/16/16 For Sale $5,450,000 +32.9% $2,041 / Sq Ft
09/12/2012 09/12/12 Sold $4,100,000 -5.7% $1,550 / Sq Ft
09/05/2012 09/05/12 Pending -- -- --
08/14/2012 08/14/12 For Sale $4,349,000 -- $1,644 / 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 $59,058 $5,686,869 $5,398,736 $288,133
2024 $59,058 $5,575,362 $5,292,878 $282,484
2023 $57,681 $5,466,042 $5,189,096 $276,946
2022 $56,731 $5,358,865 $5,087,349 $271,516
2021 $55,641 $5,253,790 $4,987,597 $266,193
2020 $55,108 $5,199,919 $4,936,455 $263,464
2019 $53,956 $5,097,960 $4,839,661 $258,299
2018 $53,558 $4,998,000 $4,744,765 $253,235
2017 $52,763 $4,900,000 $4,651,730 $248,270
2016 $45,996 $4,270,227 $3,744,850 $525,377
2015 $45,577 $4,206,085 $3,688,599 $517,486
2014 $44,513 $4,123,694 $3,616,344 $507,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16104274

California Regional Multiple Listing Service (CRMLS)

APN: 424-481-03