NOT LISTED FOR SALE

1008 W Oceanfront Newport Beach, CA 92661

Central Newport Beach Neighborhood

Estimated Value: $7,100,000 - $9,635,960

5 Beds
4 Baths
3,872 Sq Ft
$2,161/Sq Ft Est. Value

Sale Details

Date Sold: January 26, 2023

Last sale price $8,400,000 $2,169 Per Sq Ft

Current estimated payment $52,744 / mo

14 Days on Market

Highlights

  • Ocean View
  • Fireplace in Primary Bedroom
  • No HOA
  • Newport Elementary School Rated A
  • Great Room
  • 3 Car Attached Garage

About This Home

As of January 2023

Situated on the sand with views of Catalina and beyond, this beautifully maintained home offers the quintessential Newport Beach oceanfront lifestyle with a spacious stone patio, outdoor shower, and panoramic views from multiple rooms. Appointed with large windows, hardwood floors, wainscoting, and crown molding throughout, this spacious residence boasts warm and welcoming interiors. The chef’s kitchen with adjacent living space and dining room was remodeled to include stainless steel appliances, a custom tile backsplash, as well as ample storage space. Three secondary bedrooms, a bonus loft/ office space, and a master suite with ocean view balcony and fireplace complete this premier home. Additional highlights include plantation shutters, skylights, built-ins, and a 3-car garage.

Last Agent to Sell the Property

Tara McNabb

Compass License #01871729 Listed on: 12/13/2022

Compass

Last Buyer's Agent

Tara Shapiro

Coldwell Banker Realty License #01892201

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1971

Lot Details

  • 4,100 Sq Ft Lot
  • Rectangular Lot

Parking

  • 3 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic

Interior Spaces

  • 3,872 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • 4 Full Bathrooms

Listing and Financial Details

  • Legal Lot and Block 3 / 10
  • Tax Tract Number 234
  • Assessor Parcel Number 04725217

Community Details

Overview

  • No Home Owners Association
  • Balboa Peninsula Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1971

Lot Details

4,100 Sq Ft Lot

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04725217
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3872.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2169.42
  • Room Type: All Bedrooms Up, Entry, Great Room, Kitchen, Living Room

Exterior Features

  • View: Catalina, Coastline, Ocean, Panoramic
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 4100.00
  • Lot Size Acres: 0.0941
  • Latitude Manual: 33.60491600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4100.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 10
  • Tax Lot: 3
  • Tax Tract Number: 234

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2022
Closed on
Jan 23, 2023
Sold by
Bought by
Seller's Agent
Tara McNabb
Compass
Buyer's Agent
Tara Shapiro
Coldwell Banker Realty
List Price
$9,495,000
Sold Price
$8,400,000
Premium/Discount to List
-$1,095,000
-11.53%
Views
63
Current Estimated Value
$8,367,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,020
Avg. Annual Appreciation
-0.11%
Original Mortgage
$5,040,000
Outstanding Balance
$4,828,864
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$3,539,116

Purchase Details

Closed on
Feb 17, 2016
Sold by
Bought by

Purchase Details

Closed on
Jan 12, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2010
Sold by
Bought by

Purchase Details

Closed on
Aug 24, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.12%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 16, 2002
Sold by
Bought by

Purchase Details

Closed on
Nov 12, 1993
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.29%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$8,400,000 California Title Company
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- Lawyers Title
$4,000,000 Lawyers Title
-- None Available
-- Accommodation
-- Equity Title Company
-- First American Title Co
-- Fidelity National Title Ins
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $5,040,000
Previous Owner $2,800,000
Previous Owner $1,000,000
Previous Owner $210,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/26/2023 01/26/23 Sold $8,400,000 -11.5% $2,169 / Sq Ft
12/13/2022 12/13/22 For Sale $9,495,000 -- $2,452 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $90,547 $8,739,360 $8,437,661 $301,699
2024 $90,547 $8,568,000 $8,272,216 $295,784
2023 $52,016 $4,925,710 $4,647,327 $278,383
2022 $52,189 $4,829,128 $4,556,203 $272,925
2021 $51,557 $4,734,440 $4,466,866 $267,574
2020 $51,070 $4,685,895 $4,421,064 $264,831
2019 $50,051 $4,594,015 $4,334,376 $259,639
2018 $49,225 $4,503,937 $4,249,388 $254,549
2017 $48,377 $4,415,625 $4,166,067 $249,558
2016 $47,333 $4,329,045 $4,084,380 $244,665
2015 $47,213 $4,264,019 $4,023,029 $240,990
2014 $46,119 $4,180,493 $3,944,223 $236,270
Source: Public Records

Agents Affiliated with this Home

  • Tara McNabb

    Seller's Agent in 2023

    Tara McNabb

    Compass

    (949) 500-3910

    19 in this area

    115 Total Sales

    Tara McNabb
    Section Image
  • Tara Shapiro

    Buyer's Agent in 2023

    Tara Shapiro

    Coldwell Banker Realty

    (949) 478-7781

    15 in this area

    81 Total Sales

    Tara Shapiro
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22255075

California Regional Multiple Listing Service (CRMLS)

APN: 047-252-17

California Orange County Newport Beach 92661 Central Newport Beach

1008 W Oceanfront, Newport Beach, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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