1102 W Oceanfront Newport Beach, CA 92661
Central Newport Beach NeighborhoodEstimated Value: $6,541,000 - $8,631,000
4
Beds
4
Baths
2,570
Sq Ft
$2,987/Sq Ft
Est. Value
Highlights
- Beach Front
- White Water Ocean Views
- Rooftop Deck
- Newport Elementary School Rated A
- Property has ocean access
- 4-minute walk to Newport Beach Playground
About This Home
As of January 2024**Price IMPROVEment** Nestled on an oversized corner lot, this magnificent two-story home offers a relaxed oceanfront living experience. Located in the heart of the Balboa Peninsula with its breathtaking panoramic views of the Pacific Ocean. Enter through the dutch door to an open floor plan that includes a family room, bay windows, fireplace, dinning area with cofferd ceiling and a bright functional kitchen. Off the kitchen is a main level bedroom, two bathrooms, and laundry area. Step down into the great room with beamed ceilings, fireplace, an abundance of storage space. Large sliding glass doors open to a very private enclosed side patio, perfect for pets to roam freely. Attached is an oversized two car garage, next to the garage behind the double door access gate gives way for a third auto. The second level consists of three bedrooms, two baths, a walk in closet, and a balcony off two of the bedrooms overlooking the boardwalk and blue sea. Asend up the third staircase to the roof top with a gas fireplace, countertops, a refrigerator, spot for a bbq, storage, and 360 degree sweeping views from Newport Coast to Catalina. Over the years, there has been upgrades and additions from the exterior to the interior leaving the quintessential character of the costal chic original build.
Last Agent to Sell the Property
Peninsula Properties License #01398930 Listed on: 07/12/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $69,833
Year Built
- Built in 1925
Lot Details
- 3,728 Sq Ft Lot
- Beach Front
- Landscaped
- Corner Lot
- Front and Side Yard Sprinklers
Parking
- 2 Car Direct Access Garage
- Oversized Parking
- Parking Available
- Parking Lot
Property Views
- White Water Ocean
- Coastline
- Bay
- Catalina
- Panoramic
- City Lights
Home Design
- Turnkey
- Brick Exterior Construction
- Raised Foundation
- Interior Block Wall
- Plaster
Interior Spaces
- 2,570 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Dual Staircase
- Built-In Features
- Crown Molding
- Beamed Ceilings
- Coffered Ceiling
- Brick Wall or Ceiling
- Skylights
- Recessed Lighting
- Gas Fireplace
- Bay Window
- Family Room with Fireplace
- Great Room
- Living Room with Fireplace
- Wood Flooring
Kitchen
- Gas Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- Walk-In Closet
- Remodeled Bathroom
- Bathroom on Main Level
- 4 Full Bathrooms
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Dryer
- Washer
- Laundry Chute
Home Security
- Alarm System
- Fire and Smoke Detector
Outdoor Features
- Property has ocean access
- Ocean Side of Highway 1
- Balcony
- Rooftop Deck
- Brick Porch or Patio
- Outdoor Fireplace
- Exterior Lighting
- Rain Gutters
Schools
- Newport Elementary School
- Harbor High School
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Legal Lot and Block 1 / 11
- Tax Tract Number 234
- Assessor Parcel Number 04725113
- $369 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- Balboa Peninsula Subdivision
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 12, 2023
Closed on
Dec 18, 2023
Sold by
Furstman Family Trust
Bought by
Teresa L Walker Trust and Walker
Seller's Agent
Jennifer Rotellini
Peninsula Properties
Buyer's Agent
Jennifer Rotellini
Peninsula Properties
List Price
$8,900,000
Sold Price
$7,500,000
Premium/Discount to List
-$1,400,000
-15.73%
Total Days on Market
151
Views
285
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
$177,602
Avg. Annual Appreciation
1.76%
Original Mortgage
$3,000,000
Outstanding Balance
$2,833,697
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$4,843,905
Purchase Details
Closed on
Sep 23, 2019
Sold by
Furstman Marc A and Furstman Nicole M
Bought by
Furstman Marc A and Furstman Nicole
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,095,000
Interest Rate
3.25%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 18, 2017
Closed on
Jun 2, 2017
Sold by
Evensen Loretta G
Bought by
Furstman Marc A and Furstman Nicole M
Seller's Agent
Tara Shapiro
Coldwell Banker Realty
Buyer's Agent
Jennifer Rotellini
Peninsula Properties
List Price
$5,995,000
Sold Price
$5,800,000
Premium/Discount to List
-$195,000
-3.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%
Original Mortgage
$3,770,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Nov 3, 2016
Sold by
Our Beach House Llc
Bought by
Evensen Loretta G
Purchase Details
Closed on
Sep 9, 2009
Sold by
Visser John Lyle and Visser Grace Ajean
Bought by
Newport Dreamin Lp
Purchase Details
Closed on
Jan 20, 2006
Sold by
Hogan Timothy Patrick and Hogan Thomas Joseph
Bought by
Visser John Lyle and Visser Grace Ajean
Purchase Details
Closed on
Jan 20, 1999
Sold by
Hogan Marian R and Hogan Mary Ann
Bought by
Hogan Timothy Patrick and Hogan Thomas Joseph
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
Create a Home Valuation Report for This Property
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 |
|---|---|---|---|
| Teresa L Walker Trust | $7,500,000 | Fidelity National Title | |
| Furstman Marc A | -- | Boston National Ttl Agcy Llc | |
| Furstman Marc A | $5,800,000 | Chicago Title Company | |
| Evensen Loretta G | -- | None Available | |
| Evensen Loretta G | -- | None Available | |
| Newport Dreamin Lp | $4,550,000 | Equity Title Orange County-I | |
| Visser John Lyle | $4,975,000 | First American Title Co | |
| Hogan John Michael | -- | First American Title Co | |
| Hogan Timothy Patrick | -- | First American Title Co | |
| Hogan Timothy Patrick | -- | Guardian Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Teresa L Walker Trust | $3,000,000 | |
| Previous Owner | Furstman Marc A | $4,095,000 | |
| Previous Owner | Furstman Marc A | $3,770,000 | |
| Previous Owner | Visser John Lyle | $3,000,000 | |
| Previous Owner | Hogan Timothy Patrick | $553,000 | |
| Previous Owner | Hogan Timothy Patrick | $550,000 | |
| Previous Owner | Hogan Timothy Patrick | $550,000 | |
| Previous Owner | Hogan Timothy Patrick | $550,000 | |
| Previous Owner | Hogan Timothy Patrick | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/29/2024 01/29/24 | Sold | $7,500,000 | -6.1% | $2,918 / Sq Ft |
| 12/10/2023 12/10/23 | Pending | -- | -- | -- |
| 11/01/2023 11/01/23 | Price Changed | $7,988,000 | -2.6% | $3,108 / Sq Ft |
| 10/02/2023 10/02/23 | Price Changed | $8,200,000 | -4.7% | $3,191 / Sq Ft |
| 09/14/2023 09/14/23 | Price Changed | $8,600,000 | -3.4% | $3,346 / Sq Ft |
| 07/12/2023 07/12/23 | For Sale | $8,900,000 | +53.4% | $3,463 / Sq Ft |
| 06/29/2017 06/29/17 | Sold | $5,800,000 | -3.3% | $2,257 / Sq Ft |
| 05/18/2017 05/18/17 | For Sale | $5,995,000 | -- | $2,333 / 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 | $69,833 | $6,599,408 | $6,463,707 | $135,701 |
| 2023 | $68,205 | $6,470,008 | $6,336,967 | $133,041 |
| 2022 | $67,083 | $6,343,146 | $6,212,713 | $130,433 |
| 2021 | $65,794 | $6,218,771 | $6,090,895 | $127,876 |
| 2020 | $65,163 | $6,155,006 | $6,028,441 | $126,565 |
| 2019 | $63,800 | $6,034,320 | $5,910,236 | $124,084 |
| 2018 | $62,524 | $5,916,000 | $5,794,349 | $121,651 |
| 2017 | $63,258 | $5,975,000 | $5,855,604 | $119,396 |
| 2016 | $52,420 | $4,961,367 | $4,847,224 | $114,143 |
| 2015 | $51,930 | $4,886,843 | $4,774,414 | $112,429 |
| 2014 | $50,705 | $4,791,117 | $4,680,890 | $110,227 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Rotellini
J
Seller's Agent in 2024
Jennifer Rotellini
Peninsula Properties
(949) 439-9431
1 in this area
11 Total Sales
-
Tara Shapiro
Seller's Agent in 2017
Tara Shapiro
Coldwell Banker Realty
(949) 478-7781
23 in this area
95 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP23122569
APN: 047-251-13
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