302 Kings Road

Newport Beach, CA 92663

$1,445,000
Last Sold Price
3
Beds
3
Baths
2,624 Sq. Ft.
$551 / Sq. Ft.
2,624
Sq. Ft.
$551
per Sq. Ft.

Description

Possible harbor turning basin and ocean view from a new second story. Garage access off cul-de-sac in rear shared by 10 homes so not necessary to add a driveway to the front of the property. This property is on Irvine Company leased land. Purchase price for the land is $1,685,250 -- good until Oct. 1, 2020. Lease ends 9/30/2038. Yearly lease amount is $10,400. Property is reappraised every quarter. That would be a separate escrow with the Irvine company. Sellers are selling the assumption of the...Possible harbor turning basin and ocean view from a new second story. Garage access off cul-de-sac in rear shared by 10 homes so not necessary to add a driveway to the front of the property. This property is on Irvine Company leased land. Purchase price for the land is $1,685,250 -- good until Oct. 1, 2020. Lease ends 9/30/2038. Yearly lease amount is $10,400. Property is reappraised every quarter. That would be a separate escrow with the Irvine company. Sellers are selling the assumption of the lease, improvements (the house/tear down) and the option to purchase the land for $1,445,000. The home and the land prices together total $3,130,250. Being sold as is with no repairs or warranties by seller. All cash buyer is requested as the home may not be suitable for financing due to the condition.
  1. Listed by Manny Stellino • DRE #00912924 • Brokerage DRE #01925726 • Villa Real Estate

Property Details for 302 Kings Road

View
See Remarks
Parking Spaces Total
2
Private Pool
No
Cooling Type
N/K
Total Units
1.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2624

Location

Listing Courtesy of Villa Real Estate, Manny Stellino, DRE #00912924

Sold By Villa Real Estate, Manny Stellino, DRE #00912924

Add your commute
LISTING UPDATED: 10/30/2020 10:21 AM

Property Details for 302 Kings Road

StatusClosed
MLS #NP20189345
Days on Market15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1950
Lot Size0.17 AC / 7,370 SF
CountyOrange County

Location

Listing Courtesy of Villa Real Estate, Manny Stellino, DRE #00912924

Sold By Villa Real Estate, Manny Stellino, DRE #00912924

Add your commute

Building Information for 302 Kings Road

Stories1Year Built1950Building Size-Lot Size0.17 AC / 7,370 SF

Payment Calculator

$9,396 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,886

Property Taxes

$1,510

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 302 Kings Road

Income / Expense / Tax Details
Income Details
  • Financing: Cash
Tax / Assessment Info
  • Tax Block: H
  • Tax Tract Number: 1219
  • Tax Census Tract: 634.00
  • Tax Lot: 12
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Room Type: All Bedrooms Down
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Bedroom Features: All Bedrooms Down
  • Laundry: Yes
  • Laundry Features: In Garage
  • Laundry Location: Garage
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: None
  • Heating: Central
  • Heat Equipment: Forced Air Unit
Exterior Features
  • Structure Type: House
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Lot 6500-9999, Irregular Lot, Tear Down
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: Yes
  • Land Lease Type: Lease
  • Levels: One
  • Water: Public
  • Sewer: Sewer Paid
  • Sewer/Septic: Sewer Paid
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Attached Garage: Yes
Property / Structure Info
  • Builders Tract Name: Kings Road
  • Builders Tract Code: Kings Road (KGRD)
  • Residential Styles: Detached
  • Residential Unit Location: No Common Walls

Property History for 302 Kings Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 302 Kings Road

Taxable ValueLand$1,692,739Additions-Total$1,692,739
Tax Record2023$18,125 ($1,510 / month)
Home Facts
Beds3Baths3Total Finished SqFt2,624 SqFtAbove Grade Finished SqFt2,624 SqFtStories1Lot Size7,346 SqFtStyleSingle Family ResidenceYear Built1959CountyORANGEAPN049-201-16Fireplace TypeHas Fireplace

Schools near 302 Kings Road

This home is within Newport-Mesa Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Newport Heights Elementary School
PublicK to 6

Horace Ensign Intermediate School
Public7 to 8

Newport Harbor High School
Public9 to 12

Monte Vista High School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Villa Real Estate, Manny Stellino, DRE #00912924

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.