NOT LISTED FOR SALE

1104 W Oceanfront Newport Beach, CA 92661

Central Newport Beach Neighborhood

Estimated Value: $6,214,000 - $8,861,000

4 Beds
3 Baths
2,880 Sq Ft
$2,628/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $4,810,000 $1,670 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $45,170/month

About This Home

As of February 2015

Perfect beach front location, ready for you. This is a single family oceanfront home perfect for enjoying Newport Port beach lifestyle. This property boasts 4 bedrooms plus office room & 3 full bath rooms with 1 bedroom and full bath downstairs. Gorgeous 180 degrees unobstructed ocean views from both levels of the property. Newly painted in and outside. Exceptionally large master retreat with fire place, vaulted ceilings, large ocean front balcony. Master bath has full size Jacuzzi tub. Enjoy white water, surfing, ocean, piers and Catalina Island views from living room, dining room, Kitchen and master bed room. Good sized front patio to entertain friends and family with additional private interior courtyard offers a calm setting complete with outdoor shower. Walk to Balboa & Newport pier. The boardwalk allows easy access for fun, bike riding, roller blading, sun bathing, restaurants and more. Two fireplaces, one in living room and one in master bed room. Large, spacious bedrooms on each level, nice clean kitchen, 3 car garage are just some of the features that make this home so unique. Great location for fun in the sun. Experience the true Newport gem.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2013
Closed on
Feb 26, 2015
Sold by
Rizzolo Lisa M
Bought by
The Arti Gupta Revocable Trust
Seller's Agent
Brett Smith
Notch Luxury Properties
Buyer's Agent
Amitabh Sharma
Coldwell Banker Realty
List Price
$5,480,000
Sold Price
$4,810,000
Premium/Discount to List
-$670,000
-12.23%
Current Estimated Value
$7,568,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,758,946
Avg. Annual Appreciation
4.49%
Original Mortgage
$1,110,000
Outstanding Balance
$864,948
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$6,688,021

Purchase Details

Closed on
Aug 24, 2006
Sold by
Rizzolo Lisa
Bought by
Rizzolo Lisa M and The Lisa M Rizzolo Trust

Purchase Details

Closed on
Mar 11, 2002
Sold by
Rizzolo Rick John and Rizzolo Lisa Marie
Bought by
Rizzolo Rick J and Rizzolo Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
7.18%

Purchase Details

Closed on
Sep 10, 1997
Sold by
Mazzarelli Jose D and Mazzarelli Josefina Laura
Bought by
Rizzolo Rick John and Rizzolo Lisa Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$839,500
Interest Rate
7.36%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
The Arti Gupta Revocable Trust $4,810,000 California Title Company
Rizzolo Lisa M -- None Available
Rizzolo Lisa M -- None Available
Rizzolo Rick J -- --
Rizzolo Rick John $1,200,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Arti Gupta Revocable Trust $1,110,000
Previous Owner Rizzolo Lisa M $1,000,000
Previous Owner Rizzolo Rick J $1,500,000
Previous Owner Rizzolo Rick John $839,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2016 07/28/16 Rented $10,000 -9.1% --
07/01/2016 07/01/16 Off Market $11,000 -- --
03/01/2016 03/01/16 For Rent $11,000 0.0% --
05/15/2015 05/15/15 Rented $11,000 0.0% --
04/15/2015 04/15/15 Under Contract -- -- --
03/15/2015 03/15/15 For Rent $11,000 0.0% --
02/27/2015 02/27/15 Sold $4,810,000 -12.2% $1,697 / Sq Ft
01/28/2015 01/28/15 Pending -- -- --
07/10/2013 07/10/13 For Sale $5,480,000 -- $1,934 / Sq Ft

Tax History Compared to Growth

Source: Public Records

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 $60,028 $5,667,547 $5,390,540 $277,007
2023 $58,628 $5,556,419 $5,284,843 $271,576
2022 $57,663 $5,447,470 $5,181,219 $266,251
2021 $56,555 $5,340,657 $5,079,626 $261,031
2020 $56,013 $5,285,896 $5,027,541 $258,355
2019 $54,842 $5,182,251 $4,928,961 $253,290
2018 $53,745 $5,080,639 $4,832,315 $248,324
2017 $52,793 $4,981,019 $4,737,564 $243,455
2016 $51,601 $4,883,352 $4,644,670 $238,682
2015 $17,485 $1,623,964 $1,400,545 $223,419
2014 $17,073 $1,592,153 $1,373,110 $219,043
Source: Public Records

Agents Affiliated with this Home

  • Amitabh Sharma

    Seller's Agent in 2016

    Amitabh Sharma

    Coldwell Banker Realty

    (949) 280-0322

    71 Total Sales

    Amitabh Sharma
    Section Image
  • Brett Smith

    Seller's Agent in 2015

    Brett Smith

    Notch Luxury Properties

    (949) 929-6351

    1 in this area

    75 Total Sales

    Brett Smith
    Section Image
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Map

California Orange County Newport Beach 92661 Central Newport Beach

1104 W Oceanfront, Newport Beach, CA

This home is located at 1104 W Oceanfront, Newport Beach, CA 92661 and is currently estimated at $7,568,946, approximately $2,628 per square foot. 1104 W Oceanfront is a home located in Orange County with nearby schools including Newport Elementary School, Horace Ensign Intermediate School, and Newport Harbor High School.

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.

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