Current Value Assessment
PREPARED EXCLUSIVELY FOR:
Kristell --
The following is a Current Value Assessment of your property based on current market conditions, comparable homes in your neighborhood, and what I believe your home could sell for with the implementation of a high-end marketing strategy.
The next page is your Tax Record followed by the comparables I used in this analysis to come up with my assessment, what the Internet believes your home to be worth, and finally what I believe your home could possibly sell for. I’ve also included some info about me and my team if you’d like to know more about us.
949-294-2506
TAX RECORD
Owner
MLS
MLS
MLS
FORECLOSURE HISTORY
Document Type
Default Date
Foreclosure Filing
Recording Date
Document Number
Book Number
Page Number
Default Amount
Final Judgment Amount
Original Doc Date
Original Document Number
Original Book Page
Lien Type
THE COMPARATIVE MARKET ANALYSIS
No two homes are identical, which is why choosing a sales price or offer price for a home can be challenging. That's where the Comparative Market Analysis, or CMA, is most useful.
What is a CMA?
The CMA is a side-by-side comparison of homes for sale and homes that have recently sold in the same neighborhood and price range. This information is further sorted by data such as type of home, number of bedrooms, number of baths, lot size, neighborhood, property condition and features, and many other factors. The purpose is to show estimated market value, based on what other buyers and sellers have determined through past sales, pending sales and homes recently put on the market.
How is the CMA created?
CMAs are generated by using property information from your real estate agent's Multiple Listing Service (MLS). The MLS is available to licensed members only, including brokers, salespeople, and appraisers, who pay dues to gain access to the service's public and proprietary data, including tax roll information, sold transactions, and listings input by all cooperating MLS members. Listing agents generate CMAs for their sellers, and buyer's agents create them for their buyers so both sides know what current market conditions are for the homes they're interested in comparing.
How accurate are CMAs?
The CMA is a here-and-now snapshot of the market, based on the most recent data available, but it can instantly be rendered obsolete by a new listing, or a change of status in a home with the same criteria. Why? The market is constantly changing — new listings, pending sales, closed sales, price reductions, and expired listings. CMAs can vary widely, depending on the knowledge and skill of the person creating the CMA as well as the number and type of data fields that are chosen.
How can CMAs vary?
CMAs can vary widely, depending on the knowledge and expertise of the person inputting the search parameters. They also may vary between identical homes in that one property may simply offer better “curb appeal” or is in better condition that the other. Lastly, buyer and seller motivation can’t be quantified. It is typically impossible to say why a seller agreed to take less for their home or why a buyer paid more for another home. Family problems, corporate relocations and other reasons all play a role. What you can learn from the CMA is how long a home took to sell. If it was quick, the seller was highly motivated. If it didn’t, it was probably overpriced.
THE COMPARATIVE MARKET ANALYSIS
Is a CMA the same as an Appraisal?
No. Although the CMA is used to help determine current market value, it does not establish the seller's home value. A bank appraisal, on the other hand, is a professional determination of a home's value. The appraisal is completed by a licensed Appraiser, using guidelines established by the Federal Housing Finance Agency, which regulates federal housing loan guarantors such as FHA, VA and housing loan purchasers Fannie Mae and Freddie Mac. An appraisal is a comprehensive look at a home's location, condition, and eligibility for federal guarantees. For example, a home that doesn't meet safety requirements such as handrails on steps will not be eligible for FHA or VA loans until the handrail is installed or repaired. Appraisers use the same data in their market research to find comparable homes as real estate agents. While they are also members of the MLS, they also have additional guidelines from the bank to follow that minimize risk to the bank. They will take into consideration — and can adjust values to reflect — the speed of the market and whether prices are rising or falling. When the appraisal is finished, the bank makes the decision to fund the loan, or it may require the seller to fix certain items and show proof that the repairs have been made before letting the loan proceed. If the loan doesn't meet lending guidelines, the bank will decline the loan.
And is my home worth what the Internet says?
In short — maybe? Many homeowners like to visit sites like Zillow, REDFIN, etc., to see what their home is worth. What they fail to understand is that most of those sites have an 8% - 12% margin of error which means a home worth $400,000 could be worth anywhere between $360,000 and $440,000 and that’s if we only use a 10% margin of error. That is quite the large window!
Estimating a home’s market value is far from an exact science. These sites contract with major title companies to obtain county tax roll data which they combine with data obtained from the MLS, push it through their algorithm and bingo! You have your “Zestimate”!!
On February 29, 2016, then Zillow CEO Spencer Rascoff sold a Seattle home for $1.05 million, 40 percent less than the Zestimate of $1.75 million shown on its property page a day later.
YOUR COMPARATIVE MARKET ANALYSIS
Comparative Market Analysis
821
FEBRUARY 20, 2025
Kristell Perez
Chris Taylor
Keller Williams Luxury International
Summary of Comparable Properties
Analysis
Chris Taylor
Keller Williams Luxury International
Comparable homes sold for an average of $697 / sq. ft. Many factors such as location, use of space, condition, quality, and amenities determine the market value per square foot, so reviewing each comp carefully is important.
Listings
Chris Taylor
Keller Williams Luxury International
811 W 15th Street 2D
Newport Beach, CA 92663 MLS
$975,000 3 Beds 3.00 Baths
Sq. Ft. ($582 / sqft)
CLOSED 2/5/24 Year Built 1980 Days on market: 19
Details
Prop Type: Condominium
County: Orange Area: N6 - Newport Heights
Subdivision: Brookview II (BRK2)
Features
Association Name: Brookview
Association Y N: Yes
Attached Garage Y/N: Y
Community Features: Sidewalks, Street Lights
Construction Materials: Stucco
Contract Status Change
Date: 2024-02-05T00:00:00
Cooling: See Remarks
Elevation Units: Feet
Full baths: 2.0
Half baths: 1.0
Lot Size (sqft): Garages: 2
List date: 12/26/23
Sold date: 2/5/24
Off-market date: 2/5/24
Updated: Feb 6, 2024 12:40 AM
List Price: $999,999
Orig list price: $999,999
Assoc Fee: $425
School District: Newport Mesa Unified
Flooring: See Remarks
Heating: Central
Interior Features: Balcony, Bar, Cathedral Ceiling(s), Dry Bar, High Ceilings, Living Room Balcony, Living Room
Deck Attached, Open Floorplan, Two Story Ceilings
Land Fee/Land Lease: Fee
Levels: Three Or More
Listing Terms: Cash
Lot Features: Walkstreet
Number Of Units In Community: 24
Parking Total: 2
Patio And Porch Features: Wood
Pool Features: Association
Pool Private Y N: No
Property Attached Yes/No: Yes
Property Condition: Repairs
Cosmetic
Room Type: All Bedrooms Up
Senior Community Yes/No: No
Sewer: Public Sewer
Spa Features: None
Special Listing Conditions: Standard
View: City Lights
Water Source: Public Year Built Source: Assessor
Remarks
Located in the heart of Newport Beach. This corner unit has excellent lighting, high ceilings and lots of windows and skylights. Fireplace in living room and Master suite with high vaulted ceilings and 2 decks. Full 2 car oversized garage and an 8ft x 22ft storage unit. Builder floor plan states unit is 1675 sqft.
Courtesy of Keller Williams OC Coastal Realty Information is deemed reliable but not guaranteed.
Chris Taylor
811
15th Street 2B
$1,100,000 2 Beds 3.00 Baths 1,462.0 Sq. Ft. ($752 / sqft)
CLOSED 4/16/24
Details
Prop Type: Condominium
County: Orange Area: N6 - Newport Heights
Subdivision: Brookview II (BRK2)
Features
Association Name: Brookview
Association Y N: No
Attached Garage Y/N: Y
Community Features: Street Lights
Contract Status Change
Date: 2024-04-16T00:00:00
Cooling: Central Air
Elevation Units: Feet
Flooring: Bamboo, Carpet
Full baths: 2.0
Half baths: 1.0
Lot Size (sqft): Garages: 2
Heating: Central
Land Fee/Land Lease: Fee
Levels: Two
Listing Terms: 1031
Exchange, Cash, Cash To New Loan, Submit
Number Of Units In Community: 24
Parking Total: 2
Pool Features: Association, Community
Year Built 1980 Days on market: 6
List date: 3/14/24
Sold date: 4/16/24
Off-market date: 3/20/24
Updated: Apr 16, 2024 2:17 PM
List Price: $1,025,000
Orig list price: $1,025,000 Assoc Fee: $425
School District: Newport Mesa Unified
Pool Private Y N: No
Property Attached Yes/No: Yes
Roof: Tile
Bathroom Features: Bathtub, Main Floor Full Bath, Separate tub and shower, Stone Counters
Room Type: All Bedrooms Up, Primary Suite
Senior Community Yes/No: No
Sewer: Public Sewer
Spa Features: Association, Community
Special Listing Conditions: Standard View: None
Water Source: Public
Year Built Source: Assessor Zoning: MFR
Remarks
Welcome to modern coastal living in Newport Beach! This stunning condo, just a mile from the beach, features bamboo flooring, high ceilings, and a rustic wood-paneled fireplace in the living room. The primary bedroom boasts a stone fireplace, en suite bathroom, custom closet, and French doors leading to a staircase to the living room patio. The second bedroom also features an en suite bathroom and custom closet.
The kitchen and primary bathroom have sleek engineered stone countertops. Enjoy Yamaha and Definitive Tech home theatre systems in the living room and bedrooms with multi-zone speakers extending to the kitchen. Plus, a projector less than a year old for entertainment. Stay comfortable with noiseless Haiku fans.
This gated community offers an added layer of security and exclusivity. Additionally, enjoy the peace of mind that comes with all new dual-pane windows and a roof replaced less than a year ago. The garage has separate additional storage space, perfect for a work-from-home area or exercise space. Residents can indulge in the intimate community atmosphere while enjoying resort-style amenities including a pool, hot tub, and BBQ area. Don't miss your chance to experience coastal modern living at its finest!
Courtesy of Beyond Local Real Estate Information is deemed reliable but not guaranteed.
Chris Taylor
$1,100,000
4/16/24 Days on market: 6
823 W 15th Street 1D
Newport Beach, CA 92663 MLS
$1,185,000 3 Beds 3.00 Baths 1,675.0 Sq. Ft. ($707 / sqft)
CLOSED 5/2/24
Details
Prop Type: Townhouse
County: Orange Area: N6 - Newport Heights
Subdivision: Brookview II (BRK2)
Style: Mediterranean
Full baths: 2.0
Features
Accessibility Features: None
Association Name: Brookview II
Association Y N: Yes
Attached Garage Y/N: Y
Community Features:
Gutters, Sidewalks, Storm Drains, Street Lights
Construction Materials: Stucco
Contract Status Change
Date: 2024-05-02T00:00:00
Chris Taylor
Keller
Cell:
Half baths: 1.0
Lot Size (sqft): Garages: 2
List date: 4/5/24
Sold date: 5/2/24
Off-market date: 5/2/24
Year Built 1980 Days on market: 0
Updated: May 2, 2024 2:49 PM
List Price: $1,080,000
Orig list price: $1,080,000
Assoc Fee: $425
School District: Newport Mesa Unified
High: Newport Harbor
Middle: Ensign
Elementary: Newport Heights
Cooling: Central Air
Direction Faces: South
Elevation Units: Feet
Flooring: Wood
Foundation Details: Slab
Heating: Central
Interior Features: Balcony, Cathedral Ceiling(s), Ceiling Fan(s), Electronic Air Cleaner, High Ceilings, Open Floorplan, Storage, Unfurnished
Land Fee/Land Lease: Fee Levels: Two
Listing Terms: Cash To New Loan
Number Of Units In Community: 24
Parking Total: 2
Patio And Porch Features: Patio, Stone
Pool Features: Community
Pool Private Y N: No
Possession: Close Of Escrow
Property Attached Yes/No: Yes
Property Condition: Repairs Cosmetic
Road Surface Type: Paved Roof: Spanish Tile
Bathroom Features: Shower, Shower in Tub, Double Sinks in Primary Bath, Jetted Tub, Walk-in shower
Kitchen Features: Stone Counters
Room Type: All Bedrooms
Up, Basement, Bonus Room, Jack & Jill, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom
Remarks
Senior Community Yes/No: No
Sewer: Public Sewer
Spa Features: Community
Special Listing Conditions: Trust
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
View: Mountain(s), Neighborhood, Pool
Water Source: Public
Window Features: Skylight(s)
Year Built Source: Builder
Welcome to this spacious and bright two-story condo with finished basement in Newport Beach, CA, offering the epitome of Southern California living less than a mile from the beach and freeway access. Inside, dark hardwood floors lead you to a spacious living room with a cozy fireplace and double doors opening to a private patio. The main floor features a convenient powder bath and a dining room with pool and spa views as well as a beautiful kitchen boasting red marble countertops and stainless steel appliances, while upstairs, vaulted ceilings enhance two bedrooms sharing a Jack and Jill bathroom. The primary suite offers a second fireplace and ensuite with a soaker tub. The lower level features an attached two-car garage with extra space for a gym or office, and laundry facilities & chute for added convenience. Experience coastal charm and modern luxury in this Newport Beach gem.
Courtesy of Compass Information is deemed reliable but not guaranteed.
Chris Taylor
811 W 15th Street 2D
Newport Beach, CA 92663
$1,250,000
CLOSED 8/12/24
Details
Prop Type: Condominium
County: Orange
Area: N6 - Newport Heights
Subdivision: Brookview II (BRK2)
Full baths: 2.0
Features
Accessibility Features: None
Association Name: Brookview II
Association Y N: Yes
Attached Garage Y/N: N
Builder Model: Neptune - C
Community Features: Curbs, Storm Drains, Street Lights
Contract Status Change
Date: 2024-08-12T00:00:00
Cooling: Central Air
Elevation Units: Feet
MLS
3 Beds 3.00 Baths 1,675.0 Sq. Ft. ($746 / sqft)
Year Built 1980 Days on market: 64
Half baths: 1.0
Lot Size (sqft): Garages: 2
List date: 5/16/24
Sold date: 8/12/24
Photo not available
Off-market date: 7/22/24
Updated: Oct 31, 2024 7:27 AM
List Price: $1,250,000
Orig list price: $1,348,000 Assoc Fee: $425
School District: Newport Mesa Unified
High: Newport Harbor
Middle: Ensign
Elementary: Newport Heights
Exterior Features: Rain Gutters
Flooring: Vinyl
Foundation Details: Slab
Heating: Central, Fireplace(s), Forced Air, Natural Gas
Interior Features: Balcony, Built-in Features, Cathedral Ceiling(s), Copper Plumbing Full, High Ceilings, Living Room Balcony, Open Floorplan, Quartz Counters, Recessed Lighting
Land Fee/Land Lease: Fee Levels: Two
Listing Terms: Submit
Lot Features: 0-1 Unit/Acre
Number Of Units In Community: 24
Parking Total: 2
Patio And Porch Features: Deck, Patio, Rear Porch
Pool Features: Association, Community
Pool Private Y N: No
Possession: Negotiable
Property Attached Yes/No: Yes
Property Condition: Updated/Remodeled
Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower, Double Sinks in Primary Bath, Exhaust fan(s), Linen Closet/ Storage, Privacy toilet door, Quartz Counters, Remodeled, Upgraded, Walk-in shower
Kitchen Features: Quartz Counters, Remodeled Kitchen, Self-closing cabinet doors, Self-closing drawers
Room Type: All Bedrooms Up, Galley Kitchen, Kitchen, Living Room, Primary Suite, Utility Room
Security Features: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
Senior Community Yes/No: No
Sewer: Public Sewer
Spa Features: Association, Community Special Listing Conditions: Standard Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View: None
Water Source: Public
Waterfront Features: Ocean Side of Freeway
Window Features: Blinds, Drapes, Screens, Skylight(s)
Year Built Source: Assessor
Remarks
Located in the desirable small gated community of Brookview in Newport Beach, this fully renovated unit offers a luxurious living experience.
Courtesy of Zutila, Inc Information is deemed reliable but not guaranteed.
Chris Taylor
SO WHAT DOES THE INTERNET SAY ABOUT YOUR HOME?
$1,073,149 $1,036,619 $966,100 $1,191,000
WHAT DO I THINK?
Based on current market conditions, comparable homes in the neighborhood, and what I believe your home could sell for with the implementation of a high-end marketing strategy, my Current Value Assessment for your home would be:
$985K - $1.1M To get a more accurate assessment of
National Association of REALTORS (NAR)
California Association of REALTORS (CAR)
Orange County Association of REALTORS (OCAR)
Luxury Home Sales Designated
Contingency Sale Specialist
Certified New Home Co-Broker
Certified Divorce Real Estate Expert
Top 1.5% of Individual REALTORS in the nation
Team Lead for Taylor Realty Group with offices in Corona, Huntington Beach, and Palm Springs
Meet Chris…
A true Californian through and through, realtor Chris Taylor was born and raised in South Orange County and has spent his life in Southern California from Huntington Beach to Palm Springs and just about everywhere in between. His lifelong experience in the region has given him unparalleled knowledge about its cities, communities, and neighborhoods from the coast to the desert, providing an invaluable advantage for his clientele.
Over his career, which began in 2003, Chris has enjoyed time as a realtor, new home sales agent, and mortgage consultant, providing him with a thorough understanding of every facet of the real estate business. As a result, he can personally guide his clients through each stage of the buying or selling process. Chris knows that communication and integrity are key to a successful transaction, and he is dedicated to always being available to his clients while offering professionalism, commitment and attentiveness that never fail to exceed expectations.
Chris is a fourth-generation Southern Californian with a love for surfing, screenwriting, and the movies. Prior to real estate, he worked in front of and behind the camera in the entertainment industry, concluding as a talent agent with the prestigious William Morris Agency. Chris lives in Huntington Beach with his wife, Terry, their disabled grandson, David, for whom he is the primary caregiver and a menagerie of two dogs and two cats. He has also made real estate-related appearances on Fox 11 News, Good Day L.A., and Inside Edition.
Meet the Team
Tracie Albert
Operations Director
DRE# 01432850
With a high regard for the overall client experience, Tracie oversees the Operations for Taylor Residential Real Estate. A licensed Real Estate Agent herself since 2004 with experience in Residential, Investment and Luxury Sales as well as Short Sales, REOs and House Flipping, Tracie possesses a comprehensive level of Real Estate-related expertise that is largely unsurpassed. As a key component to Taylor Residential Real Estate’s success, Tracie has access to a variety of tools and resources designed to foster the most rewarding experiences for clients with even the most complex goals at hand in addition to cutting edge marketing techniques and strategies and innovative resources.
Brenda Listana Administration
With over 5 years of experience and having worked for some of the biggest e-commerce companies in the world, Brenda has established herself as a strong Customer Support Representative. She takes great pride in her exceptional computer skills, organization, planning, and administrative abilities and her experience has taught her the importance of attention to detail, resilience, and flexibility. Brenda commits herself fully to any task and embraces the responsibility.
Anthony Zervas Lead Agent
DRE# 02047324
Valerie Alicajic
Marketing Director
Anthony Zervas views architecture with a genuine passion that he is eager to share with buyers who are seeking a home that ideally suits and even exceeds their personal and financial goals. With a broad spectrum of experience, know-how, determination, and dedication, Anthony has rapidly built a following of clients who appreciate his down-toearth approach and unyielding commitment to unparalleled service. An avid traveler and snowboarder, Anthony is a genuine family man and spends much of his free time with his wife, Mel, and their daughter, Avie. He is also an award-winning chef with experience with high-end restaurants, five-diamond hotels, and as a personal with celebrity clienteles.
Valerie’s passion for design began at an early age, culminating in earning her Bachelor of Arts degree with an emphasis in graphic design at California State University Long Beach, and most recently, a Multi-Media Certificate in Web Design from Golden West College. Today, Val spearheads our design strategies and executes creative concepts that ensure maximum exposure. By conceptualizing and designing projects from start to finish, she creates a cohesive message portrayed through color, art and photography, all while meeting intense deadlines.
Brooke Fetzer
Property Designer
DRE# 01432850
Brooke Fetzer, "The Property Stylist", is a Certified Feng Shui Practitioner with YEARS of experience in the art of Home Staging. With over 1500 homes to her credit, Brooke is detail-oriented and works seamlessly with Sellers to prepare their homes for sale with careful attention paid to the individual marketing needs of each home so they can stand out from the rest online.
