NOT LISTED FOR SALE

Estimated Value: $5,094,000 - $8,497,000

3 Beds
3 Baths
2,459 Sq Ft
$3,029/Sq Ft Est. Value

Last Sold July 09, 2012

Last sale price $1,475,000 $600 Per Sq Ft

Est. 392% increase in value since last sale

Current estimated payment $44,225/month

309 Days on Market

Highlights

  • Lap Pool
  • All Bedrooms Downstairs
  • Ocean Side of Freeway
  • Newport Heights Elementary Rated A
  • Gated Parking
  • Custom Home

About This Home

As of July 2012

THIS CHARMING REMODELED COTTAGE AND GUEST HOUSE(FORMER GARAGE) SIT ON A HUGE SECLUDED LOT THAT BACKS TO THE ENVIRONMENTAL NATURE CENTER. THE COTTAGE HAS HARDWOOD FLOORS THROUGHOUT, REMODELED BATHS, CROWN MOLDING,SOME NEWER WINDOWS & DOORS. THE CHARMING KITCHEN INCLUDES GRANITE COUNTERS, BUILT-IN WINE RACK, COFFEE STATION & GARDEN WINDOW THAT LETS IN LOTS OF LIGHT, PLUS THE DUTCH DOOR LETS IN THE OCEAN BREEZES. GARAGE WAS CONVERTED INTO A GUEST HOUSE WITH A FULL BEDROOM AND BATH, KITCHENETTE AND LARGE GREAT ROOM THAT OPENS TO THE PRIVATE GARDENS. AN ENDLESS POOL IS LOCATED ON THE UPPER DECK JUST OFF THE MASTER BEDROOM, THERE ARE ALSO TWO ADDITIONAL DECKS ON THE PROPERTY, ONE IS OFF THE GUEST HOUSE & ANOTHER AT THE LOWER LEVEL OF THE LOT. FRUIT TREES, A LARGE GRASSY AREA, A WORKSHOP AND LOTS MORE STORAGE SPACE IS ALL INCLUDED IN THIS WONDERFUL SERENE SETTING. ALL OF THIS IN NEWPORT BEACH, WALKING DISTANCE TO THE BACK BAY, SHOPS, RESTAURANTS, GREAT SCHOOLS AND PARKS.

Last Agent to Sell the Property

Denine Kerns

Douglas Elliman Of California License #01248229 Listed on: 08/04/2011

Douglas Elliman Of California

Last Buyer's Agent

Ryan Weir

Berkshire Hathaway Homeservice License #01336708

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $54,066

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 9,983 Sq Ft Lot
  • Lot Dimensions are 67x149
  • Cul-De-Sac
  • Fenced
  • Rectangular Lot
  • Gentle Sloping Lot
  • Drip System Landscaping
  • Sprinklers Throughout Yard
  • Wooded Lot
  • Private Yard

Property Views

  • Woods
  • Pasture
  • Park or Greenbelt
  • Pool

Home Design

  • Custom Home
  • Cottage
  • Additions or Alterations
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,459 Sq Ft Home
  • Crown Molding
  • Fireplace
  • Awning
  • French Mullion Window
  • Garden Windows
  • French Doors
  • Sliding Doors
  • Formal Entry
  • Separate Family Room
  • Living Room
  • Dining Room
  • Den
  • Library
  • Workshop
  • Home Gym
  • Laundry closet

Kitchen

  • Eat-In Country Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Parking

  • 2 Car Garage
  • Converted Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Workshop in Garage
  • Side by Side Parking
  • Gravel Driveway
  • Gated Parking
  • On-Street Parking
  • Parking Lot

Pool

  • Lap Pool
  • Exercise
  • Above Ground Pool

Outdoor Features

  • Ocean Side of Freeway
  • Deck
  • Wrap Around Porch
  • Wood Patio

Location

  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Sewer Paid

Community Details

  • Custom
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 1218
  • Assessor Parcel Number 04927101

Home Details

Home Type

Single Family

Est. Annual Taxes

$54,066

Year Built

Built in 1950 | Remodeled

Lot Details

0

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 949-689-7078
  • Property Attached: No
  • Subdivision Name Other: Cliffhaven
  • View: Yes
  • Architectural Style: Custom Built, Cottage
  • Property Condition: Additions/Alterations, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04927101
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2459.00
  • Interior Amenities: Crown Molding
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: French Doors, Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar, Country Kitchen, Dining Room
  • Levels: One
  • Price Per Square Foot: 599.84
  • Room Type: All Bedrooms Down, Den, Formal Entry, Guest/Maid's Quarters, Exercise Room, Library, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Separate Family Room, Workshop
  • Window Features: French/Mullioned, Garden Window(s)

Exterior Features

  • Patio: Yes
  • Exterior Features: Awning(s)
  • View: Pasture, Park/Greenbelt, Pool, Trees/Woods
  • Fence: Yes
  • Patio And Porch Features: Brick, Covered, Deck, Porch, Patio, Wrap Around, Wood
  • Pool Features: Above Ground, Exercise Pool, Lap, Private
  • Pool Private: Yes
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Converted Garage, Gravel, Gated, Parking Space, Side by Side, Street, Built-In Storage, Workshop in Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: No
  • Appliances: Dishwasher, Free Standing, Gas Cooking, Disposal, Microwave, Range, Refrigerator, Cooktop
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Common Area, In Closet, Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Cul-De-Sac, Gentle Sloping, Rectangular Lot, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Near Public Transit, Treed Lot, Yard
  • Lot Size: 67x149
  • Lot Size Sq Ft: 9983.00
  • Lot Size Acres: 0.2290

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9983.0000 Square Feet
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Lot: 10
  • Tax Tract: Cliffhaven
  • Tax Tract Number: 1218

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2024
Sold by
Korkmaz Tyson and Korkmaz Allison
Bought by
Korkmaz Family Trust and Korkmaz
Current Estimated Value
$7,254,430

Purchase Details

Closed on
Feb 16, 2016
Sold by
Alacano Lance
Bought by
Korkmaz Tyson and Korkmaz Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,860,000
Interest Rate
2.6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 8, 2014
Sold by
Alacano Elisha
Bought by
Alacano Lance

Purchase Details

Closed on
Apr 2, 2014
Sold by
Johnson Susannah
Bought by
Alacano Lance

Purchase Details

Listed on
Aug 4, 2011
Closed on
Jun 22, 2012
Sold by
Johnson Brad Gammon
Bought by
Johnson Susannah
Seller's Agent
Denine Kerns
Douglas Elliman Of California
Buyer's Agent
Ryan Weir
Berkshire Hathaway Homeservice
List Price
$1,350,000
Sold Price
$1,475,000
Premium/Discount to List
$125,000
9.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.81%

Purchase Details

Listed on
Aug 4, 2011
Closed on
Jun 18, 2012
Sold by
Goodman Gilbert
Bought by
Johnson Susannah
Seller's Agent
Denine Kerns
Douglas Elliman Of California
Buyer's Agent
Ryan Weir
Berkshire Hathaway Homeservice
List Price
$1,350,000
Sold Price
$1,475,000
Premium/Discount to List
$125,000
9.26%

Purchase Details

Closed on
Oct 8, 2001
Sold by
Gladson Rebekah
Bought by
Goodman Gilbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,000
Interest Rate
6.62%
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
Korkmaz Family Trust -- None Listed On Document
Korkmaz Family Trust -- None Listed On Document
Korkmaz Tyson $4,400,000 Ticor Title Orange County
Alacano Lance -- Ticor Title Tustin Orange Co
Alacano Lance $1,650,000 Ticor Title Tustin Orange Co
Johnson Susannah -- California Title Company
Johnson Susannah $1,475,000 California Title Company
Goodman Gilbert -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Korkmaz Tyson $3,000,000
Previous Owner Korkmaz Tyson $2,860,000
Previous Owner Goodman Gilbert $100,000
Previous Owner Goodman Gilbert $579,000
Previous Owner Goodman Gilbert $50,000
Previous Owner Goodman Gilbert $567,000
Previous Owner Goodman Gilbert $565,000
Previous Owner Goodman Gilbert $474,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2012 07/09/12 Sold $1,475,000 +9.3% $600 / Sq Ft
06/08/2012 06/08/12 Pending -- -- --
05/22/2012 05/22/12 For Sale $1,350,000 0.0% $549 / Sq Ft
05/22/2012 05/22/12 Price Changed $1,350,000 -8.5% $549 / Sq Ft
05/20/2012 05/20/12 Off Market $1,475,000 -- --
05/20/2012 05/20/12 For Sale $1,489,000 +0.9% $606 / Sq Ft
04/26/2012 04/26/12 Off Market $1,475,000 -- --
12/19/2011 12/19/11 Price Changed $1,489,000 -6.9% $606 / Sq Ft
11/09/2011 11/09/11 Price Changed $1,599,000 -3.0% $650 / Sq Ft
10/17/2011 10/17/11 Price Changed $1,649,000 -2.9% $671 / Sq Ft
08/24/2011 08/24/11 Price Changed $1,699,000 -5.6% $691 / Sq Ft
08/04/2011 08/04/11 For Sale $1,799,000 -- $732 / 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 $54,066 $5,208,706 $3,311,240 $1,897,466
2024 $54,066 $5,106,575 $3,246,314 $1,860,261
2023 $46,187 $4,369,680 $2,599,988 $1,769,692
2022 $45,426 $4,284,000 $2,549,007 $1,734,993
2021 $44,554 $4,200,000 $2,499,026 $1,700,974
2020 $44,580 $4,200,000 $2,499,026 $1,700,974
2019 $49,450 $4,669,315 $2,968,341 $1,700,974
2018 $48,461 $4,577,760 $2,910,138 $1,667,622
2017 $47,602 $4,488,000 $2,853,076 $1,634,924
2016 $24,652 $2,315,745 $1,639,458 $676,287
2015 $17,389 $1,614,832 $1,614,832 $0
2014 $15,838 $1,481,696 $1,417,499 $64,197
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U11003372

California Regional Multiple Listing Service (CRMLS)

APN: 049-271-01