1106 Polaris Dr Newport Beach, CA 92660
Dover Shores NeighborhoodEstimated Value: $7,857,000 - $8,633,000
5
Beds
6
Baths
3,320
Sq Ft
$2,503/Sq Ft
Est. Value
Highlights
- Docks
- Beach Access
- Private Pool
- Mariners Elementary School Rated A
- Property Fronts a Bay or Harbor
- Back Bay Views
About This Home
As of December 20231.2M PRICE REDUCTION ---- 1106 Polaris Drive presents a rare opportunity to own a waterfront home sited on an approximately 6,900 square foot oversized lot in Dover Shores proper, one of the largest in the neighborhood. Spanning roughly 3,320 square feet, this property features a rare 76’ of bay frontage and a large dock ready to accommodate a vessel as large as 85’. Beyond the secure entryway and accented by multiple skylights, the front atrium houses the indoor pool. The main area of 1106 Polaris Drive features a living room anchored by a large fireplace, an adjacent dining area complete with a wet bar, and a kitchen with a sitting area. Multiple French doors lead to the spacious outside patio ideal for outdoor entertaining. Two bedrooms, two bathrooms, and a utility area complete the main level. Upstairs the spacious primary retreat of this home features a vaulted ceiling, a slab-mantle fireplace, and a sitting area. The windows of this space perfectly frame the view of bay with Fashion Island in the distance and the French doors provide access to the balcony which spans the length of the property. The ensuite bathroom is comprised of a double vanity, an oversize soaking tub, and a large walk-in shower. A secondary master suite and an additional bedroom complete the upper level. The coveted Dover Shores homeowners’ association amenities include access to three private, resident-only beaches. 1106 Polaris features an unparalleled location within the Mariners school district, just minutes away from conveniences of 17th Street, famous local beaches, John Wayne Airport, and Fashion Island.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $84,570
Year Built
- Built in 1964
Lot Details
- 6,900 Sq Ft Lot
- Property Fronts a Bay or Harbor
HOA Fees
- $182 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Parking Available
Property Views
- Back Bay
- City Lights
Interior Spaces
- 3,320 Sq Ft Home
- 2-Story Property
- Wet Bar
- Ceiling Fan
- Entryway
- Family Room with Fireplace
- Living Room
- Laundry Room
Kitchen
- Eat-In Kitchen
- Double Oven
- Electric Cooktop
- Dishwasher
- Trash Compactor
Flooring
- Concrete
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms | 2 Main Level Bedrooms
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- 6 Full Bathrooms
- Makeup or Vanity Space
- Dual Sinks
- Dual Vanity Sinks in Primary Bathroom
- Bathtub with Shower
- Walk-in Shower
- Linen Closet In Bathroom
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Private Pool
- Beach Access
- Docks
- Balcony
- Deck
- Tile Patio or Porch
- Exterior Lighting
Additional Features
- Property is near a park
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 152
- Tax Tract Number 4224
- Assessor Parcel Number 11772102
Community Details
Overview
- Dover Shores Association, Phone Number (310) 694-0600
- Dover Shores Subdivision
Amenities
- Outdoor Cooking Area
- Community Barbecue Grill
- Picnic Area
Recreation
- Community Playground
- Water Sports
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 16, 2023
Closed on
Oct 23, 2023
Sold by
Li Dan
Bought by
Ji Jiashun
Seller's Agent
Tim Carr
Pacific Sotheby's Int'l Realty
Buyer's Agent
Alan Ng
Exp Realty of California Inc
List Price
$8,295,000
Sold Price
$8,000,000
Premium/Discount to List
-$295,000
-3.56%
Total Days on Market
40
Views
146
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
$309,710
Avg. Annual Appreciation
-0.43%
Original Mortgage
$2,000,000
Interest Rate
7.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 27, 2023
Sold by
Cathy Jean Grice Living Trust
Bought by
Ji Jiashun
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
7.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 21, 2010
Sold by
Grice Cathy
Bought by
Grice Cathy Jean and Cathy Jean Grice Living Trust
Purchase Details
Closed on
May 13, 1996
Sold by
Home Svgs Of America Fsb
Bought by
Grice Robert E and Grice Cathy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
7.8%
Purchase Details
Closed on
Sep 6, 1995
Sold by
Shewan Gary
Bought by
Home Svgs Of America
Purchase Details
Closed on
Feb 24, 1995
Sold by
Aguilar Henry R
Bought by
Security Pacific Landbank Company
Purchase Details
Closed on
Sep 28, 1993
Sold by
Shewan Gary
Bought by
Furgason James M and Furgason Teresa M
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
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ji Jiashun | -- | Wfg National Title | |
| Ji Jiashun | $8,000,000 | Wfg National Title Company | |
| Grice Cathy Jean | -- | None Available | |
| Grice Robert E | $1,150,000 | California Counties Title Co | |
| Home Svgs Of America | $1,020,000 | -- | |
| Security Pacific Landbank Company | -- | -- | |
| Furgason James M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ji Jiashun | $2,000,000 | |
| Previous Owner | Grice Cathy Jean | $413,500 | |
| Previous Owner | Grice Robert E | $1,000,000 | |
| Previous Owner | Grice Robert E | $500,000 | |
| Previous Owner | Grice Robert E | $724,000 | |
| Previous Owner | Grice Robert E | $500,000 | |
| Previous Owner | Grice Robert E | $724,300 | |
| Previous Owner | Grice Robert E | $742,000 | |
| Previous Owner | Grice Robert E | $750,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/06/2023 12/06/23 | Sold | $8,000,000 | -3.6% | $2,410 / Sq Ft |
| 09/25/2023 09/25/23 | Pending | -- | -- | -- |
| 08/16/2023 08/16/23 | For Sale | $8,295,000 | -- | $2,498 / 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 | $84,570 | $8,000,000 | $7,559,313 | $440,687 |
| 2023 | $19,630 | $1,836,287 | $1,463,896 | $372,391 |
| 2022 | $19,303 | $1,800,282 | $1,435,192 | $365,090 |
| 2021 | $18,934 | $1,764,983 | $1,407,051 | $357,932 |
| 2020 | $18,752 | $1,746,886 | $1,392,624 | $354,262 |
| 2019 | $18,365 | $1,712,634 | $1,365,318 | $347,316 |
| 2018 | $18,000 | $1,679,053 | $1,338,547 | $340,506 |
| 2017 | $17,682 | $1,646,131 | $1,312,301 | $333,830 |
| 2016 | $17,286 | $1,613,854 | $1,286,569 | $327,285 |
| 2015 | $17,123 | $1,589,613 | $1,267,244 | $322,369 |
| 2014 | $16,719 | $1,558,475 | $1,242,420 | $316,055 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Carr
Seller's Agent in 2023
Tim Carr
Pacific Sotheby's Int'l Realty
(949) 629-7083
5 in this area
158 Total Sales
-
Alan Ng
Buyer's Agent in 2023
Alan Ng
Exp Realty of California Inc
(626) 757-7941
1 in this area
180 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP23148620
APN: 117-721-02
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