1106 W Oceanfront Newport Beach, CA 92661
Central Newport Beach NeighborhoodEstimated Value: $5,760,000 - $8,526,422
4
Beds
4.5
Baths
4,004
Sq Ft
$1,738/Sq Ft
Est. Value
Highlights
- White Water Ocean Views
- Rooftop Deck
- Cape Cod Architecture
- Newport Elementary School Rated A
- Primary Bedroom Suite
- 4-minute walk to Newport Beach Playground
About This Home
As of January 2013New oceanfront home completed in 2012. This chic residence compliments any family, entertainers or would be the ultimate vacation retreat. The home captures sweeping endless views of the coastline from all levels. Enjoy sunsets and panoramic views of city lights, oceans and mountains from the 640 square foot roof top deck equipped with complete wet bar, BBQ and fireplace. Creatively designed with an upside-down floor plan with the great room on the 2nd level to maximize the dramatic oceanfront scenery while complimenting daily elegant living. This home is dazzling and was crafted with the most thoughtful architectural details and finest construction finishes.
Last Agent to Sell the Property
DOUGLAS ELLIMAN OF CALIFORNIA, INC. License #01408840 Listed on: 10/29/2012
Last Buyer's Agent
Angela Creech
Redfin License #01402249
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $75,976
Year Built
- Built in 2011
Lot Details
- 3,725 Sq Ft Lot
Parking
- 3 Car Direct Access Garage
- Parking Available
- Garage Door Opener
Property Views
- White Water Ocean
- Coastline
- Catalina
- City Lights
Home Design
- Cape Cod Architecture
- Traditional Architecture
- Brick Exterior Construction
- Shingle Roof
- Composition Roof
Interior Spaces
- 4,004 Sq Ft Home
- Electric Fireplace
- Family Room Off Kitchen
- Wood Flooring
Kitchen
- Open to Family Room
- Kitchen Island
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Primary Bedroom Suite
Outdoor Features
- Balcony
- Rooftop Deck
- Patio
- Porch
Utilities
- Forced Air Heating and Cooling System
- Sewer Paid
Listing and Financial Details
- Tax Lot 3
- Tax Tract Number 234
- Assessor Parcel Number 04725115
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 29, 2012
Closed on
Jan 3, 2013
Sold by
Avakian Jack and Avakian Melinda G
Bought by
Ghai Vinod K and Ghai Poonam
Seller's Agent
Andy Stavros
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
Buyer's Agent
Angela Creech
Redfin
List Price
$6,288,000
Sold Price
$5,900,000
Premium/Discount to List
-$388,000
-6.17%
Total Days on Market
58
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
$1,058,856
Avg. Annual Appreciation
1.34%
Purchase Details
Closed on
Sep 9, 2004
Sold by
Avakian Melinda G
Bought by
Avakian Jack
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$953,000
Interest Rate
6.06%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 2, 2004
Sold by
Avakian Jack
Bought by
Avakian Jack and Avakian Melinda G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$953,000
Interest Rate
6.06%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 29, 1999
Sold by
L & M Properties
Bought by
Vakian Jack A and Avakian Melinda G
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
7.97%
Purchase Details
Closed on
Mar 1, 1999
Sold by
Mcmillan Jack W and Mcmillan Patricia M
Bought by
L & M Properties
Purchase Details
Closed on
Nov 4, 1998
Sold by
Swenerton Eloise R
Bought by
Mcmillan Jack W and Mcmillan Patricia M
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 |
|---|---|---|---|
| Ghai Vinod K | $5,900,000 | California Title Company | |
| Avakian Jack | -- | -- | |
| Avakian Jack | -- | -- | |
| Avakian Jack | -- | United Title Company | |
| Vakian Jack A | $2,000,000 | Lawyers Title Company | |
| L & M Properties | -- | -- | |
| Mcmillan Jack W | $1,500,000 | Lawyers Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Avakian Jack | $1,300,000 | |
| Previous Owner | Avakian Jack | $953,000 | |
| Previous Owner | Avaklan Jack | $700,000 | |
| Previous Owner | Avakian Jack | $850,000 | |
| Previous Owner | Vakian Jack A | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/25/2013 01/25/13 | Sold | $5,900,000 | -6.2% | $1,474 / Sq Ft |
| 10/29/2012 10/29/12 | For Sale | $6,288,000 | -- | $1,570 / 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 | $75,976 | $7,122,966 | $6,468,655 | $654,311 |
| 2023 | $74,657 | $6,983,300 | $6,341,818 | $641,482 |
| 2022 | $73,305 | $6,846,373 | $6,217,469 | $628,904 |
| 2021 | $72,234 | $6,712,131 | $6,095,558 | $616,573 |
| 2020 | $71,549 | $6,643,307 | $6,033,056 | $610,251 |
| 2019 | $70,095 | $6,513,047 | $5,914,761 | $598,286 |
| 2018 | $68,848 | $6,385,341 | $5,798,786 | $586,555 |
| 2017 | $67,648 | $6,260,139 | $5,685,085 | $575,054 |
| 2016 | $66,164 | $6,137,392 | $5,573,613 | $563,779 |
| 2015 | $65,837 | $6,045,203 | $5,489,892 | $555,311 |
| 2014 | $64,302 | $5,926,786 | $5,382,352 | $544,434 |
Source: Public Records
Agents Affiliated with this Home
-
Andy Stavros
Seller's Agent in 2013
Andy Stavros
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
(949) 270-0466
39 Total Sales
-
A
Buyer's Agent in 2013
Angela Creech
Redfin
(949) 682-4735
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: L40055
APN: 047-251-15
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