NOT LISTED FOR SALE

111 E Bay Ave Newport Beach, CA 92661

Central Newport Beach Neighborhood

Estimated Value: $4,260,000 - $8,056,000

4 Beds
3.5 Baths
2,800 Sq Ft
$2,041/Sq Ft Est. Value

Last Sold May 15, 2013

Last sale price $1,750,000 $625 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $31,003/month

346 Days on Market

Highlights

  • Panoramic View
  • Corner Lot
  • Outdoor Grill
  • Newport Elementary School Rated A
  • Tile Flooring
  • Central Heating

About This Home

As of May 2013

Great walkable location in the unique residential West Balboa Village neighborhood on Balboa Peninsula: 1 block to beach or bay from this 3 bed + office, 3.5 bath home. Stroll to the Balboa Isl. Ferry and Balboa Village from this corner lot, tri-level home w/ main living areas on 2nd floor. Open living room(built in audio speakers)w/ French doors opening to covered deck. 3 fireplaces, wet bar w/ built in GE wine refrige, 3 outdoor entertaining areas: 3rd level open air deck, covered mid-level deck, & large ground level patio customized w/ outdoor kitchen including grill, refrigerator & sink. Newly remodeled kitchen complete with Wood Mode cabinets, 36' Dacor range & convection microwave, Sub-Zero refrigerator, Miele dishwasher & walnut butcher block Center Island. 1st floor mother-in-law guest unit w/ separate entrance. Other amentities include alarm system, underground utilities, inside laundry room off kitchen, attached 2 car garage, bonus carport,dumb waiter & plenty of storage.

Last Agent to Sell the Property

Mickey Hartling

Seven Gables Real Estate License #00859940 Listed on: 04/01/2012

Last Buyer's Agent

Marcus Skenderian

Compass License #01115339

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,663

Year Built

  • Built in 1981

Lot Details

  • 2,100 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Driveway

Property Views

  • Panoramic
  • City Lights

Home Design

  • Shingle Roof
  • Composition Roof
  • Plaster

Interior Spaces

  • 2,800 Sq Ft Home
  • Fireplace With Gas Starter
  • Combination Dining and Living Room
  • Bonus Room with Fireplace

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Outdoor Grill

Utilities

  • Central Heating
  • Sewer Paid

Listing and Financial Details

  • Assessor Parcel Number 04807203

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,663

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Residential)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04807203
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2800.00
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room, In Living Room
  • Fireplace Features: Bonus Room, Gas Starter
  • Levels: Three Or More
  • Price Per Square Foot: 625.00

Exterior Features

  • Patio: No
  • Exterior Features: Barbecue Private
  • View: City Lights, Panoramic
  • Fence: No
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Plaster

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered, Driveway, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: No
  • Heating: No
  • Laundry: No
  • Heating Type: Central
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 2100.00
  • Lot Size Acres: 0.0480

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2100.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2000
Sold by
Busby James S
Bought by
Busby James Steele
Current Estimated Value
$5,713,661
Source: Public Records

Range of Values:

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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
Busby James Steele -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2013 05/15/13 Sold $1,750,000 -2.5% $625 / Sq Ft
03/13/2013 03/13/13 Pending -- -- --
01/16/2013 01/16/13 Price Changed $1,795,000 -3.0% $641 / Sq Ft
04/01/2012 04/01/12 For Sale $1,850,000 -- $661 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $10,663 $995,548 $779,843 $215,705
2024 $10,663 $976,028 $764,552 $211,476
2023 $10,411 $956,891 $749,561 $207,330
2022 $10,236 $938,129 $734,864 $203,265
2021 $10,041 $919,735 $720,455 $199,280
2020 $9,944 $910,305 $713,068 $197,237
2019 $9,743 $892,456 $699,086 $193,370
2018 $9,550 $874,957 $685,378 $189,579
2017 $9,382 $857,801 $671,939 $185,862
2016 $9,174 $840,982 $658,764 $182,218
2015 $9,086 $828,350 $648,869 $179,481
2014 $9,005 $812,124 $636,158 $175,966
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Mickey Hartling

    Seven Gables Real Estate

    Section Image
  • Marcus Skenderian

    Buyer's Agent in 2013

    Marcus Skenderian

    Compass

    (949) 295-5758

    71 Total Sales

    Marcus Skenderian
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12001324

California Regional Multiple Listing Service (CRMLS)

APN: 050-184-10

California Orange County Newport Beach 92661 Central Newport Beach

111 E Bay Ave, Newport Beach, CA

Not Listed for Sale

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