NOT LISTED FOR SALE

1106 W Oceanfront Newport Beach, CA 92661

Central Newport Beach Neighborhood

Estimated Value: $6,255,000 - $8,888,000

4 Beds
4.5 Baths
4,004 Sq Ft
$1,991/Sq Ft Est. Value

Last Sold January 25, 2013

Last sale price $5,900,000 $1,474 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $48,260/month

58 Days on Market

Highlights

  • White Water Ocean Views
  • Primary Bedroom Suite
  • Wood Flooring
  • Newport Elementary School Rated A
  • Cape Cod Architecture
  • 4-minute walk to Newport Beach Playground

About This Home

As of January 2013

New 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

Andy Stavros

DOUGLAS ELLIMAN OF CALIFORNIA, INC. License #01408840 Listed on: 10/29/2012

DOUGLAS ELLIMAN OF CALIFORNIA, INC.

Last Buyer's Agent

Angela Creech

Redfin License #01402249

Redfin

Home Details

Home Type

  • Single Family

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
  • Patio
  • Rooftop Access
  • 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

Home Details

Home Type

Single Family

Year Built

Built in 2011

Lot Details

3,725 Sq Ft Lot

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Residential)
  • View: Yes
  • Architectural Style: Cape Cod, Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04725115
  • Year Built: 2011
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4004.00
  • Interior Amenities: Balcony
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Family Kitchen, In Family Room
  • Fireplace Features: Electric
  • Levels: Two
  • Price Per Square Foot: 1473.53
  • Room Type: Main Floor Bedroom, Master Suite
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Catalina, City Lights, Coastline, Ocean, Water, White Water
  • Fence: No
  • Patio And Porch Features: Porch, Roof Top
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Door Opener
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Heating Type: Forced Air
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 3725.00
  • Lot Size Acres: 0.0860

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3725.0000 Square Feet

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 234

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%
Current Estimated Value
$7,971,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,071,077
Avg. Annual Appreciation
2.31%

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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 $953,000
Previous Owner Vakian Jack A $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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
2025 $75,976 $7,265,425 $6,598,028 $667,397
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

    36 Total Sales

    Andy Stavros
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: L40055

California Regional Multiple Listing Service (CRMLS)

APN: 047-251-15

California Orange County Newport Beach 92661 Central Newport Beach

1106 W Oceanfront, Newport Beach, CA

Not Listed for Sale

Detached

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