1014 Polaris Dr Newport Beach, CA 92660
Dover Shores NeighborhoodEstimated Value: $6,946,000 - $11,701,801
4
Beds
4.5
Baths
4,347
Sq Ft
$2,050/Sq Ft
Est. Value
Highlights
- Water Views
- Spa
- Open Floorplan
- Mariners Elementary School Rated A
- Updated Kitchen
- 4-minute walk to Westcliff Park
About This Home
As of June 2023Discover this exceptional bay front residence in the sought-after Dover Shores neighborhood of Newport Beach, masterfully constructed in 2013 by RDM General Contractors. Spanning over 4,300 square feet, this stunning home features 4 bedroom suites, 4.5 baths, a one of a kind office, and a secure dock for a boat up to 60+ feet. Showcasing an exceptional blend of the finest hardwoods and natural stone, this luxurious property stands as a testament to meticulous attention to detail and unparalleled craftsmanship. The main level showcases a spacious great room with vaulted ceilings, over-sized picture windows, and sliding door systems, all oriented towards breathtaking views of the private community beach, Back Bay, and Fashion Island. The primary suite boasts a cozy fireplace, dual closets, and a luxurious bath with steam shower, soaking tub, and direct hot tub access. The chef's kitchen comes fully equipped with state-of-the-art appliances, a custom eat-up island, and walk-in pantry. Three secondary bedroom suites provide ample space for family and guests (two located upstairs with elevator access). Don't miss this rare opportunity to own one of the bay's best-kept secrets.
Property listed for comp purposes only
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $122,671
Year Built
- Built in 1963
Lot Details
- 7,200 Sq Ft Lot
- Corner Lot
- Front Yard
HOA Fees
- $182 Monthly HOA Fees
Parking
- 3 Car Attached Garage
Property Views
- Water
- Neighborhood
Interior Spaces
- 4,347 Sq Ft Home
- 2-Story Property
- Elevator
- Open Floorplan
- High Ceiling
- Ceiling Fan
- Family Room Off Kitchen
- Living Room with Fireplace
Kitchen
- Updated Kitchen
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Six Burner Stove
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Remodeled Bathroom
- Dual Vanity Sinks in Primary Bathroom
- Bathtub with Shower
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Additional Features
- Spa
- Central Air
Listing and Financial Details
- Tax Lot 180
- Tax Tract Number 4224
- Assessor Parcel Number 11772131
Community Details
Overview
- Dover Shores Area Management Association, Phone Number (310) 694-0600
- Dover Shores HOA
- Dover Shores Viewpoint Subdivision
Amenities
- Outdoor Cooking Area
- Community Barbecue Grill
- Picnic Area
Recreation
- Community Playground
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2023
Closed on
Apr 11, 2023
Sold by
Robert H Murphy Living Trust
Bought by
Grant D Fraser Revocable Trust and Fraser
Seller's Agent
Mark Taylor
Compass
Buyer's Agent
Andy Carter
Fiv Realty Co
List Price
$11,400,000
Sold Price
$11,400,000
Total Days on Market
0
Views
12
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
-$2,488,550
Avg. Annual Appreciation
-11.64%
Original Mortgage
$5,750,000
Outstanding Balance
$5,626,406
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$3,285,044
Purchase Details
Closed on
May 1, 2010
Sold by
Bukewihge Dorothy J
Bought by
Murphy Robert H and Robert H Murphy Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
5.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 28, 2009
Sold by
Bukewihge Dorothy J
Bought by
Bukewihge Dorothy J and Bukewihge Survivors Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Similar Homes in the area
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Grant D Fraser Revocable Trust | $11,400,000 | Chicago Title Company | |
| Murphy Robert H | $3,300,000 | Chicago Title Company | |
| Bukewihge Dorothy J | -- | Lsi Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Grant D Fraser Revocable Trust | $5,750,000 | |
| Previous Owner | Murphy Robert H | $1,300,000 | |
| Previous Owner | Bukewihge Dorothy J | $2,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2023 06/01/23 | Sold | $11,400,000 | 0.0% | $2,622 / Sq Ft |
| 06/01/2023 06/01/23 | Pending | -- | -- | -- |
| 06/01/2023 06/01/23 | For Sale | $11,400,000 | -- | $2,622 / 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 |
|---|---|---|---|---|
| 2024 | $122,671 | $11,628,000 | $9,886,815 | $1,741,185 |
| 2023 | $85,921 | $8,160,000 | $6,528,000 | $1,632,000 |
| 2022 | $43,127 | $4,072,408 | $2,676,019 | $1,396,389 |
| 2021 | $42,297 | $3,992,557 | $2,623,548 | $1,369,009 |
| 2020 | $41,891 | $3,951,619 | $2,596,647 | $1,354,972 |
| 2019 | $41,016 | $3,874,137 | $2,545,733 | $1,328,404 |
| 2018 | $40,195 | $3,798,174 | $2,495,817 | $1,302,357 |
| 2017 | $39,482 | $3,723,700 | $2,446,879 | $1,276,821 |
| 2016 | $37,586 | $3,548,036 | $2,398,901 | $1,149,135 |
| 2015 | $32,079 | $3,036,911 | $2,362,868 | $674,043 |
| 2014 | $26,736 | $3,118,433 | $2,893,753 | $224,680 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Taylor
Seller's Agent in 2023
Mark Taylor
Compass
(949) 335-8698
2 in this area
110 Total Sales
-
Dylan Mason
D
Seller Co-Listing Agent in 2023
Dylan Mason
Compass
(949) 294-7832
2 in this area
91 Total Sales
-
Andy Carter
Buyer's Agent in 2023
Andy Carter
Fiv Realty Co
(562) 397-1373
1 in this area
128 Total Sales
-
Mary Galletti
M
Buyer Co-Listing Agent in 2023
Mary Galletti
Arbor Real Estate
(949) 880-1230
1 in this area
9 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP23095652
APN: 117-721-31
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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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