Seller's Agent in 2016
Tim Smith
Coldwell Banker Realty
(949) 717-4711
13 in this area
711 Total Sales
1004 W Oceanfront Newport Beach, CA 92661
Central Newport Beach NeighborhoodEstimated Value: $4,508,000 - $9,312,596
5
Beds
3.5
Baths
4,000
Sq Ft
$1,688/Sq Ft
Est. Value
Highlights
- Beach Front
- White Water Ocean Views
- Updated Kitchen
- Newport Elementary School Rated A
- Ocean Side of Highway 1
- Cape Cod Architecture
About This Home
As of November 2016Situated on the sand with views of Catalina and beyond, this spectacular Cape Cod-style home blends sophistication, style, and a premier oceanfront location to create an awe-inspiring estate. Upon entry into the elegant foyer with sweeping staircase, this home showcases a timeless design with stunning crown moldings, rich wood floors, and high-end wainscoting. The living room and family room, each with a warming fireplace enjoy ample natural light, custom built-ins, and views to the horizon. Framed by French doors on either side, the family room boasts access to the beachfront brick patio as well as the central courtyard, fostering a seamless flow for ease of entertaining. Also open to the courtyard, the chef’s kitchen includes top-of-the-line appliances, a butler’s pantry, full wine refrigerator, and an adjacent formal dining room for gracious soirees. An ascent to the second floor reveals four secondary bedrooms, a bonus room, and the breathtaking master retreat with peaked ceilings, sitting area with fireplace, and private balcony from which to enjoy endless sunsets. Additional highlights of this perfect coastal estate include a 3-car garage, built-in sound system, and a beachfront location close to shopping, dining, and the Balboa Fun Zone.
Last Agent to Sell the Property
Coldwell Banker Realty License #01346878 Listed on: 09/06/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $83,643
Year Built
- Built in 1990 | Remodeled
Lot Details
- 4,100 Sq Ft Lot
- Beach Front
- Brick Fence
- Paved or Partially Paved Lot
- Level Lot
Parking
- 3 Car Attached Garage
- Parking Available
Property Views
- White Water Ocean
- Coastline
- Catalina
- Panoramic
Home Design
- Cape Cod Architecture
Interior Spaces
- 4,000 Sq Ft Home
- 2-Story Property
- Wired For Sound
- Built-In Features
- Crown Molding
- Wainscoting
- Beamed Ceilings
- Recessed Lighting
- Plantation Shutters
- Blinds
- French Doors
- Entrance Foyer
- Family Room with Fireplace
- Living Room with Fireplace
- Dining Room
- Bonus Room
- Laundry Room
Kitchen
- Updated Kitchen
- Breakfast Bar
- Gas Oven
- Six Burner Stove
- Gas Cooktop
- Range Hood
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Trash Compactor
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- Retreat
- Fireplace in Primary Bedroom Retreat
Outdoor Features
- Ocean Side of Highway 1
- Balcony
- Brick Porch or Patio
Utilities
- Forced Air Heating System
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 2 / 10
- Tax Tract Number 234
- Assessor Parcel Number 04725216
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 6, 2016
Closed on
Sep 30, 2016
Sold by
Henn Michael F
Bought by
Panish Brian and Panish Rosemarie
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Kim Walker
Compass
List Price
$6,995,000
Sold Price
$6,895,000
Premium/Discount to List
-$100,000
-1.43%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$143,801
Avg. Annual Appreciation
1.03%
Purchase Details
Closed on
May 13, 1994
Sold by
Hoegee Richard A and Hoegee Victoria T
Bought by
Henn Michael F and Henn Lynn J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,173,750
Interest Rate
5.75%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Panish Brian | $6,895,000 | First American Title Company | |
| Henn Michael F | -- | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Henn Michael F | $1,100,000 | |
| Previous Owner | Henn Michael F | $1,100,000 | |
| Previous Owner | Henn Michael F | $1,000,000 | |
| Previous Owner | Henn Michael F | $1,100,000 | |
| Previous Owner | Henn Michael F | $1,000,000 | |
| Previous Owner | Henn Michael F | $300,000 | |
| Previous Owner | Henn Michael F | $1,135,550 | |
| Previous Owner | Henn Michael F | $1,140,000 | |
| Previous Owner | Henn Michael F | $1,144,400 | |
| Previous Owner | Henn Michael F | $1,187,850 | |
| Previous Owner | Henn Michael F | $1,173,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/08/2016 11/08/16 | Sold | $6,895,000 | -1.4% | $1,724 / Sq Ft |
| 09/27/2016 09/27/16 | Pending | -- | -- | -- |
| 09/06/2016 09/06/16 | For Sale | $6,995,000 | -- | $1,749 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $83,643 | $8,002,238 | $7,199,547 | $802,691 |
| 2024 | $83,643 | $7,845,332 | $7,058,380 | $786,952 |
| 2023 | $82,197 | $7,691,502 | $6,919,980 | $771,522 |
| 2022 | $80,708 | $7,540,689 | $6,784,294 | $756,395 |
| 2021 | $79,526 | $7,392,833 | $6,651,269 | $741,564 |
| 2020 | $78,772 | $7,317,029 | $6,583,068 | $733,961 |
| 2019 | $77,170 | $7,173,558 | $6,453,988 | $719,570 |
| 2018 | $75,801 | $7,032,900 | $6,327,439 | $705,461 |
| 2017 | $74,480 | $6,895,000 | $6,203,371 | $691,629 |
| 2016 | $25,481 | $2,247,050 | $1,593,601 | $653,449 |
| 2015 | $25,564 | $2,213,298 | $1,569,664 | $643,634 |
| 2014 | -- | $2,169,943 | $1,538,916 | $631,027 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2016
Kim Walker
Compass
(949) 290-6843
29 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP16196268
APN: 047-252-16
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