See Home Value
$2,088,237*
House - Off Market

3031 Corte Portofino

Newport Beach, CA 92660
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2432 Sqft
$1,890,000 - $2,310,000
Reference Base Price*
-0.56%
Since Sep 1, 2023
National-US
Primary Model
Sold Jul 31, 2023
$2,080,000
$500,000 by East West Bank
Mortgage Due Aug 01, 2053
Sold Jun 04, 2013
$1,245,000

About This Property

Introducing 3031 Corte Portofino, a charming residence offering comfort and style in a desirable location. This property boasts three bedrooms, three bathrooms, and an inviting loft that can easily be transformed into a fourth bedroom. Step inside to discover a beautifully updated kitchen, where culinary aspirations come to life. The primary suite offers a peaceful retreat, featuring a well-appointed ensuite bathroom for your relaxation and rejuvenation. The additional bedrooms are equally spacious and comfortable, providing ample space for family members or guests. With the versatile loft area, you have the flexibility to utilize it as a cozy den, a home office, or convert it into a fourth bedroom to suit your specific needs. Fresh paint coats the walls, giving the interior a fresh and vibrant ambiance that complements the natural light pouring in through the windows. The brand-new carpeting adds an extra layer of comfort and elegance to the living spaces, ensuring a cozy and luxurious feel throughout. One of the remarkable features of this property is the rare and spacious side patio, offering a private outdoor sanctuary where you can unwind, entertain, or simply bask in the tranquility of your surroundings. Additionally, this home boasts a 3-car garage, providing ample space for parking and storage. Nestled in a peaceful location, this property ensures both privacy and accessibility. Enjoy the convenience of nearby amenities, including the community pool, world renowned shopping centers, award winning schools, parks, beaches, and more. Experience the perfect blend of comfort, style, and functionality in this beautiful home.

The manager has listed the unit size as 2432 square feet.
Unit Size
2,432Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$863
Property Type
House
Property Taxes
-
HOA Dues
$376
Year Built
1987

Price History

Date / Event Date Event Price
Aug 2, 2023 No longer available -
No longer available
Jul 31, 2023 Sold to Ping Sheng, Ye Zong $2,080,000
Sold to Ping Sheng, Ye Zong
Jul 9, 2023 In contract -
In contract
Jun 16, 2023 Listed $2,100,000
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 532
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,575
  • Total Building Area: 2,432
  • Building Area: 2,432
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,432
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.082
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 12271 BLK LOT 36

Ownership

  • Current Owner : ZONG YE
  • Current Owner 2: SHENG PING
  • Previous Owner : PALAZZOLA MICHAEL J
  • Owner Before Previous Owner: JOHNSON CHET
  • Owner Before Previous Owner 2: LINDSTROM CARLA
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Newport-Mesa Unified School District
  • Census Tract: 063007

Geography

  • Assessors Map Reference: 32-B2
  • Subdivision Tract Number: 12271
  • Parcel: 442-055-03
  • Lot: 36
  • Latitude: 33.6448
  • Longitude: -117.867

    Address

  • Full Address: 3031 Corte Portofino
  • Address - House Number: 3031
  • Address - Street Name: Corte Portofino
  • State: CA
  • City Name: Newport Beach
  • Carrier Code: C062
  • 4-Digit Zip Code: 3265
  • Zip Code: 92660

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,609
  • Tax Rate Code Area: 07-101

    Appraisal Valuation

  • Standard Deviation: 0.2054
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 72
  • Final Value: 2,585,986
  • High Value: 3,117,195
  • Low Value: 2,054,777

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: EAST WEST BANK
  • First Open Lien Mortgage Recording Date: Jul 31, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,473,591
  • Assessed Land Value: $1,186,952
  • Assessed Improvements Value: $286,639

    Sales

  • Current Sale Contract Date: Jul 05, 2023
  • Current Sale Recording Date: Jul 31, 2023
  • Current Sale Transaction ID: 11910404055
  • Current Sale Price: $2,080,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 184258
  • Previous Sale Recording Date: Jun 04, 2013
  • Previous Sale Contract Date: May 20, 2013
  • Previous Sale Amount: $1,245,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: EAST WEST BANK
  • First Mortgage Transaction Date: Jul 31, 2023
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2.5 Baths
2,155 ft²
$928/ft²
$1,999,000 Apr 10, 2023
-
$352/mo
House
4 Beds
2.5 Baths
2,480 ft²
$786/ft²
$1,950,000 Jun 5, 2023
-
$352/mo

About Newport Beach


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Frequently Asked Questions

When was property at 3031 Corte Portofino built and last sold?
The property at 3031 Corte Portofino was built in 1987 and last sold on Jul 5, 2023 for $2,080,000.
How much is this home worth?
The estimated value of the home located at 3031 Corte Portofino is $2,239,810.
What are some comparable homes to 3031 Corte Portofino?
Homes that are comparable to 3031 Corte Portofino include a house property at 307 Vista Trucha, 427 Vista Suerte, which are both great to check out.

Nearby Counties
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