See Home Value
$5,396,000 - $6,594,000
House - Off Market

2322 Margaret Drive

Newport Beach, CA 92663
bedrooms
5 Beds
bathrooms
5.5 Baths, 1 Half Bath
square feet
4916 Sqft
Sold Apr 15, 2022
$2,175,000
$3,597,500 by Genesis Capital Llc
Mortgage
Sold Jun 17, 1994
$360,000
$288,000 by Home Savings Of America
Mortgage Due Jun 20, 2034

About This Property

Newly built by Thomas James Homes located in a family-friendly Newport Beach neighborhood, has 5 bedroom, 5.5 bath, a stunning exterior, and just a few minutes from the beach. Walking through the entry way, a spacious dining room adjacent from the living room with a gas fireplace allows for family or friends to mingle throughout the open concept layout. Walking passed the powder bath, your eyes will be drawn from the great room with a gas fireplace to the nook, and then to the gourmet kitchen. This kitchen has a beautiful island with bar seating, plenty of counter space, and a walk-in pantry. A hobby room with built-in desks/cabinetry sits quietly in the corner of the home to create a quiet space for anyone needing to get work done. An office located on the other side of the kitchen has beautiful sliding doors to allow that California breeze to come in. On the other side of the floor, there is a storage room, and a bedroom with full bath. Upstairs, there is a loft perfect for relaxing after a long day, a laundry room with sink, three bedrooms each with an en suite, and plenty of closet space. The massive grand suite has plenty of windows to let light in throughout the day and a gas fireplace to keep the room warm on cold nights. The luxurious grand bath has a dual-sink vanity, freestanding tub, walk-in shower, and not one, but two vast walk-in closets. Welcome to your dream home!

The manager has listed the unit size as 4916 square feet.
Unit Size
4,916Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$1,219
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947

Price History

Date / Event Date Event Price
May 2, 2024 No longer available -
No longer available
Apr 26, 2024 Listed $6,195,000
Listed
Nearly completed new construction by Thomas James Homes, located in a family-friendly Newport Beach neighborhood, has 5 bedroom, 5.5 bath, a stunning exterior, and just a few minutes from the beach. Walking through the entry way, a spacious dining room adjacent from the living room with a gas fireplace allows for family or friends to mingle throughout the open concept layout. Walking passed the powder bath, your eyes will be drawn from the great room with a gas fireplace to the nook, and…
Dec 8, 2023 No longer available -
No longer available
Sep 1, 2023 Listed $5,995,000
Listed
Apr 15, 2022 Sold $2,175,000
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Full Bathrooms: 1
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 634
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,562
  • Total Building Area: 1,062
  • Gross Building Area: 1,062
  • Building Area: 1,062
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,062
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Subdivision: NEWPORT HEIGHTS TRACT
  • Land Acres: 0.197
  • Standard Land Use Code: Residential-vacant land
  • Legal Description 1: A TR NEWPORT HEIGHTS BLK LOT 28 NEWPORT HEIGHTS LOT 28 SELY 80 FT NWLY 130 FT

Ownership

  • Current Owner : LA21G LLC
  • Previous Owner : EDWARD NICHOLAS SNYDER III TRUST
  • Owner Before Previous Owner: BONHACH JEFFREY
  • Owner Before Previous Owner 2: PETERS HEATHER
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Newport-Mesa Unified School District
  • Census Tract: 063400

Geography

  • Assessors Map Reference: 31-D4
  • Subdivision Tract Number: 516
  • Parcel: 425-302-02
  • Lot: 28
  • Latitude: 33.6251
  • Longitude: -117.914

    Address

  • Full Address: 2322 Margaret Dr
  • Address - House Number: 2322
  • Address - Street Name: Margaret
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Newport Beach
  • Carrier Code: C003
  • 4-Digit Zip Code: 5433
  • Zip Code: 92663

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $23,297
  • Tax Rate Code Area: 07-047

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,597,500
  • First Open Lien Mortgage Lender: GENESIS CAPITAL LLC
  • First Open Lien Mortgage Recording Date: Aug 17, 2022
  • First Open Lien Mortgage Loan Amount: $3,597,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,174,767
  • Assessed Land Value: $2,174,767

    Sales

  • Current Sale Contract Date: Apr 01, 2022
  • Current Sale Recording Date: Apr 15, 2022
  • Current Sale Transaction ID: 11888288975
  • Current Sale Price: $2,175,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 144776
  • Previous Sale Recording Date: Jun 17, 1994
  • Previous Sale Contract Date: May 05, 1994
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GENESIS CAPITAL LLC
  • First Mortgage Transaction Date: Apr 15, 2022
  • First Mortgage Loan Amount: $1,848,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

    Previous Mortgages

  • Previous Mortgage Lender: HOME SAVINGS OF AMERICA
  • Previous Mortgage Transaction Date: Jun 17, 1994
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $288,000
  • Previous Mortgage Term: 479
  • Previous Mortgage Loan Due Date: Jun 20, 2034



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
In Contract
House
5 Beds
5.5 Baths
7,000 ft²
$993/ft²
$6,950,000 Aug 29, 2023
-
-
House
3 Beds
3 Baths
2,000 ft²
$2,998/ft²
$5,995,000 Aug 23, 2023
-
-
Land
Loft
-
-
$5,650,000 Apr 24, 2023
-
-

About Newport Beach


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Frequently Asked Questions

When was property at 2322 Margaret Drive built and last sold?
The property at 2322 Margaret Drive was built in 1947 and last sold on Apr 1, 2022 for $2,175,000.
How much is this home worth?
The estimated value of the home located at 2322 Margaret Drive is $6,054,950.
What are some comparable homes to 2322 Margaret Drive?
Homes that are comparable to 2322 Margaret Drive include a house property at 801 Kings Road, a land property at 124 Kings Place, a house property at 515 Signal Road.

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