NOT LISTED FOR SALE

Estimated Value: $6,174,000 - $9,565,000

3 Beds
3.5 Baths
2,510 Sq Ft
$3,125/Sq Ft Est. Value

Last Sold April 30, 2015

Last sale price $5,650,000 $2,251 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $49,174/month

156 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Fireplace in Primary Bedroom
  • Newport Elementary School Rated A
  • Open Floorplan
  • 4-minute walk to West Newport Park

About This Home

As of April 2015

This extraordinary Mediterranean beachfront home is infused with style and modern amenities. Sitting directly on the sand with extraordinary views of the beach, ocean and Catalina Island, at one of Newport Beach’s most desired locations - swimming, volleyball, surfing and all of the fun of the beach are at your back door. Newly built in 2000 with attention to detail and handsome stone work throughout, the home features a great room with a fireplace, an island kitchen with stainless steel appliances, granite counter tops and marble backsplash, a large outdoor patio, an elegant master suite with a fireplace and marble bath, two bedrooms with en-suite baths, vaulted ceilings and a bonus area. The spectacular views stretch from Palos Verdes to the west, Catalina Island to the south and the Newport Pier to the east.

Last Agent to Sell the Property

Steve High

Pacific Sotheby’s International Realty License #00936421 Listed on: 11/12/2014

Pacific Sotheby’s International Realty

Co-Listed By

Evan Corkett

Pacific Sotheby's Int'l Realty License #00468496

Last Buyer's Agent

Randy Beck

Arbor Real Estate License #01895043

Arbor Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $70,303

Year Built

  • Built in 2000

Lot Details

  • 2,250 Sq Ft Lot
  • Beach Front
  • South Facing Home

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • White Water Ocean
  • Coastline
  • Views of a pier
  • Catalina
  • Panoramic

Home Design

  • Mediterranean Architecture
  • Turnkey

Interior Spaces

  • 2,510 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Recessed Lighting
  • Fireplace With Gas Starter
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Loft
  • Stone Flooring

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

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

Outdoor Features

  • Patio
  • Exterior Lighting

Additional Features

  • Suburban Location
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 4400
  • Assessor Parcel Number 04503205

Home Details

Home Type

Single Family

Est. Annual Taxes

$70,303

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: West Newport Beach (WSNB)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04503205
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2510.00
  • Interior Amenities: Cathedral Ceiling(s), Granite Counters, Open Floorplan, Recessed Lighting, Stone Counters
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Family Kitchen, In Kitchen
  • Fireplace Features: Gas Starter, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 2251.00
  • Room Type: All Bedrooms Up, Great Room, Loft
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • View: Catalina, Coastline, Ocean, Panoramic, Pier, White Water
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Storm Drains, Suburban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Size Sq Ft: 2250.00
  • Lot Size Acres: 0.0520

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2250.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Beach Front, Ocean Front

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 4400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2020
Sold by
Lobel Gary Dean and Lobel Julie Ann
Bought by
Bny Mellon N A
Current Estimated Value
$7,842,804

Purchase Details

Listed on
Nov 12, 2014
Closed on
Apr 3, 2015
Sold by
Samson Eric and Samson Sheila
Bought by
Gary Dean Lobel Living Trust
Seller's Agent
Steve High
Pacific Sotheby’s International Realty
Buyer's Agent
Randy Beck
Arbor Real Estate
List Price
$6,195,000
Sold Price
$5,650,000
Premium/Discount to List
-$545,000
-8.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.56%

Purchase Details

Closed on
Oct 2, 2003
Sold by
Samson Eric and Samson Sheila
Bought by
Samson Eric and Samson Sheila

Purchase Details

Closed on
Jun 18, 2003
Sold by
Villa Kaikoo Inc
Bought by
Samson Eric and Samson Sheila

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
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 1999
Sold by
Wmc Development Llc
Bought by
Villa Kaiko O Inc

Purchase Details

Closed on
May 1, 1998
Sold by
Lester James W and Lester Diana L
Bought by
Wmc Development Llc

Purchase Details

Closed on
Feb 4, 1998
Sold by
Poole Kenneth V and Poole Linda M
Bought by
Lester James W and Lester Diana L

Purchase Details

Closed on
May 24, 1996
Sold by
Brewer Robert F and Brewer Carol A
Bought by
Poole Kenneth and Poole Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$767,600
Interest Rate
8.39%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bny Mellon N A -- None Available
Gary Dean Lobel Living Trust $5,650,000 First American Title Company
Samson Eric -- --
Samson Eric $2,000,000 Ticor Title Company
Villa Kaiko O Inc $1,950,000 North American Title Co
Wmc Development Llc $960,000 North American Title Co
Lester James W $950,000 North American Title Co
Poole Kenneth -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Samson Eric $2,000,000
Previous Owner Samson Eric $1,500,000
Previous Owner Wmc Development Llc $966,266
Previous Owner Wmc Development Llc $756,627
Previous Owner Poole Kenneth $767,600
Closed Poole Kenneth $42,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2015 04/30/15 Sold $5,650,000 -8.8% $2,251 / Sq Ft
04/17/2015 04/17/15 Pending -- -- --
11/12/2014 11/12/14 For Sale $6,195,000 -- $2,468 / 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
2024 $70,303 $6,644,078 $6,109,884 $534,194
2023 $68,664 $6,513,802 $5,990,082 $523,720
2022 $67,535 $6,386,081 $5,872,630 $513,451
2021 $66,237 $6,260,864 $5,757,480 $503,384
2020 $65,602 $6,196,667 $5,698,444 $498,223
2019 $64,230 $6,075,164 $5,586,710 $488,454
2018 $62,944 $5,956,044 $5,477,167 $478,877
2017 $61,829 $5,839,259 $5,369,771 $469,488
2016 $60,432 $5,724,764 $5,264,481 $460,283
2015 $35,310 $3,312,418 $2,890,737 $421,681
2014 $34,477 $3,247,533 $2,834,112 $413,421
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG14240647

California Regional Multiple Listing Service (CRMLS)

APN: 045-032-05