Seller's Agent in 2019
Steve High
Pacific Sotheby’s International Realty
(949) 874-4724
8 in this area
67 Total Sales
1119 W Bay Ave Newport Beach, CA 92661
Central Newport Beach NeighborhoodEstimated Value: $5,316,000 - $7,199,394
4
Beds
4
Baths
3,143
Sq Ft
$1,987/Sq Ft
Est. Value
Highlights
- Ocean View
- Property has ocean access
- Ocean Side of Highway 1
- Newport Elementary School Rated A
- Rooftop Deck
- Open Floorplan
About This Home
As of June 2019This stylish and modern Coastal beach home was designed by architect, Eric Aust and is located on Newport Beach’s coveted Balboa Peninsula, just steps from Newport Bay and the pristine white sandy beaches of the Peninsula. The home features every amenity for fashionable indoor-outdoor beach living and features a big open floorplan with a great room, hardwood floors, gleaming white paneling and cabinetry, built-ins; a big island kitchen with plenty of room for dining, a farmhouse sink, stainless steel appliances and a glass tile backsplash, a laundry room, full bath and a two-car attached garage. The upstairs of the home features a luxurious master suite with vaulted ceilings, a fireplace, and an elegant bath with white Statutory marble, a big shower and separate tub; a guest bedroom with an en-suite bath, two additional bedrooms and a bath and a loft television area. The stylish palette of finish materials is all coastal with board and batten siding, a metal roof, gleaming white cabinetry, white Statutory marble, honed black granite, industrial light fixtures, stainless steel, concrete, sea glass tiles and more. The outside of the house is designed for fun with a big front patio with a retracting wall of doors, a firepit, barbeque, outdoor heaters and built in seating; the third-floor roof deck has an abundance of space and spectacular ocean & harbor views. Great mid-Peninsula location is steps from the world famous recreational harbor & Newport’s iconic 10th Street beach.
Last Agent to Sell the Property
Pacific Sotheby’s International Realty License #00936421 Listed on: 03/04/2019
Last Buyer's Agent
Pacific Sotheby’s International Realty License #00936421 Listed on: 03/04/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $36,527
Year Built
- Built in 2015
Lot Details
- 2,700 Sq Ft Lot
- Vinyl Fence
- Block Wall Fence
- Level Lot
Parking
- 2 Car Attached Garage
- Parking Available
- Single Garage Door
- Garage Door Opener
Property Views
- Ocean
- Bay
- Catalina
- City Lights
Home Design
- Cape Cod Architecture
- Contemporary Architecture
- Turnkey
- Slab Foundation
- Composition Roof
- Metal Roof
- HardiePlank Type
- Copper Plumbing
- Stucco
Interior Spaces
- 3,143 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Coffered Ceiling
- Cathedral Ceiling
- Fireplace With Gas Starter
- Panel Doors
- Great Room
- Family Room Off Kitchen
- Living Room with Fireplace
- Living Room with Attached Deck
- Combination Dining and Living Room
- Bonus Room
- Storage
- Laundry Room
- Wood Flooring
Kitchen
- Breakfast Bar
- Double Oven
- Six Burner Stove
- Built-In Range
- Microwave
- Ice Maker
- Dishwasher
- Stone Countertops
- Pots and Pans Drawers
- Self-Closing Drawers
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- All Upper Level Bedrooms
- 4 Full Bathrooms
- Stone Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Soaking Tub
- Walk-in Shower
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Property has ocean access
- Beach Access
- Ocean Side of Highway 1
- Rooftop Deck
- Concrete Porch or Patio
- Fire Pit
- Outdoor Grill
Location
- Urban Location
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 220 Volts in Garage
- 220 Volts in Kitchen
- Natural Gas Connected
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 1
- Assessor Parcel Number 04726304
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 15, 2020
Sold by
Kao John E
Bought by
Favor Lisa and Kao Family Trust I
Current Estimated Value
Purchase Details
Listed on
Mar 4, 2019
Closed on
Jun 6, 2019
Sold by
Marks Sean and Marks Jennifer
Bought by
Kao John E and Kao Susan S
Seller's Agent
Steve High
Pacific Sotheby’s International Realty
Buyer's Agent
Steve High
Pacific Sotheby’s International Realty
List Price
$3,395,000
Sold Price
$3,140,000
Premium/Discount to List
-$255,000
-7.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.67%
Purchase Details
Closed on
Mar 23, 2018
Sold by
Marks Sean A and Marks Jennifer L
Bought by
Marks Sean and Marks Jennifer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,807,500
Interest Rate
3.22%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Aug 6, 2015
Closed on
Feb 12, 2016
Sold by
Brigandi Christopher M and Brigandi Christina
Bought by
Marks Sean A and Marks Jennifer L
Seller's Agent
Chris Brigandi
Arbor Real Estate
Buyer's Agent
Steve High
Pacific Sotheby's Int'l Realty
List Price
$3,495,000
Sold Price
$3,000,000
Premium/Discount to List
-$495,000
-14.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%
Original Mortgage
$1,265,000
Interest Rate
2.94%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Jul 30, 2013
Closed on
Nov 27, 2013
Sold by
Freeman Wendy Louise Wood and Freeman Andrew K
Bought by
Brigandi Christopher M and Brigandi Christina
Seller's Agent
Chris Brigandi
Arbor Real Estate
Buyer's Agent
Chris Brigandi
Arbor Real Estate
List Price
$1,249,000
Sold Price
$1,225,000
Premium/Discount to List
-$24,000
-1.92%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.68%
Original Mortgage
$696,303
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jan 28, 1997
Sold by
Wood Douglas M and Wood June L
Bought by
Freeman Wendy Louise Wood and Wood Douglas Mckenzie
Purchase Details
Closed on
Dec 30, 1996
Sold by
Wood Douglas M and Wood June L
Bought by
Freeman Wendy Louise Wood and Wood Douglas Mckenzie
Purchase Details
Closed on
Jan 11, 1995
Sold by
Wood Douglas M and Wood June L
Bought by
Wood Douglas M and Wood June L
Purchase Details
Closed on
Dec 29, 1994
Sold by
Wood Douglas M and Wood June L
Bought by
Freeman Wendy Louise Wood and Wood Douglas Mckenzie
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 |
|---|---|---|---|
| Favor Lisa | -- | None Available | |
| Kao John E | -- | None Available | |
| Kao John E | -- | None Available | |
| Kao John E | $3,140,000 | Chicago Title Company | |
| Marks Sean | -- | Servicelink | |
| Marks Sean A | $3,000,000 | North American Title Company | |
| Brigandi Christopher M | $1,161,000 | Chicago Title Company | |
| Freeman Wendy Louise Wood | -- | -- | |
| Wood Douglas M | -- | -- | |
| Freeman Wendy Louise Wood | -- | -- | |
| Wood Douglas M | -- | -- | |
| Wood Douglas M | -- | -- | |
| Wood Douglas M | -- | -- | |
| Freeman Wendy Louise Wood | -- | -- | |
| Wood Douglas M | -- | -- | |
| Wood Douglas M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kao John E | $2,000,000 | |
| Previous Owner | Marks Sean | $1,807,500 | |
| Previous Owner | Marks Sean A | $1,800,000 | |
| Previous Owner | Marks Sean A | $1,265,000 | |
| Previous Owner | Brigandi Christopher M | $1,800,000 | |
| Previous Owner | Brigandi Christopher M | $696,303 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/14/2019 06/14/19 | Sold | $3,140,000 | -7.5% | $999 / Sq Ft |
| 03/04/2019 03/04/19 | For Sale | $3,395,000 | 0.0% | $1,080 / Sq Ft |
| 09/10/2018 09/10/18 | Rented | $12,500 | -16.7% | -- |
| 08/06/2018 08/06/18 | For Rent | $15,000 | 0.0% | -- |
| 07/10/2018 07/10/18 | Rented | $15,000 | 0.0% | -- |
| 05/09/2016 05/09/16 | For Rent | $15,000 | 0.0% | -- |
| 02/19/2016 02/19/16 | Sold | $3,000,000 | -14.2% | $1,000 / Sq Ft |
| 01/18/2016 01/18/16 | Pending | -- | -- | -- |
| 12/23/2015 12/23/15 | For Sale | $3,495,000 | 0.0% | $1,165 / Sq Ft |
| 12/09/2015 12/09/15 | Pending | -- | -- | -- |
| 12/03/2015 12/03/15 | For Sale | $3,495,000 | 0.0% | $1,165 / Sq Ft |
| 11/30/2015 11/30/15 | Pending | -- | -- | -- |
| 11/19/2015 11/19/15 | For Sale | $3,495,000 | 0.0% | $1,165 / Sq Ft |
| 11/09/2015 11/09/15 | Pending | -- | -- | -- |
| 09/08/2015 09/08/15 | For Sale | $3,495,000 | 0.0% | $1,165 / Sq Ft |
| 08/25/2015 08/25/15 | Pending | -- | -- | -- |
| 08/06/2015 08/06/15 | For Sale | $3,495,000 | +185.3% | $1,165 / Sq Ft |
| 12/26/2013 12/26/13 | Sold | $1,225,000 | -1.9% | $822 / Sq Ft |
| 08/29/2013 08/29/13 | Pending | -- | -- | -- |
| 07/30/2013 07/30/13 | For Sale | $1,249,000 | -- | $838 / 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 |
|---|---|---|---|---|
| 2025 | $36,527 | $3,502,728 | $2,679,374 | $823,354 |
| 2024 | $36,527 | $3,434,048 | $2,626,838 | $807,210 |
| 2023 | $35,673 | $3,366,714 | $2,575,331 | $791,383 |
| 2022 | $35,084 | $3,300,700 | $2,524,834 | $775,866 |
| 2021 | $34,411 | $3,235,981 | $2,475,328 | $760,653 |
| 2020 | $34,081 | $3,202,800 | $2,449,946 | $752,854 |
| 2019 | $33,830 | $3,183,624 | $2,498,850 | $684,774 |
| 2018 | $33,155 | $3,121,200 | $2,449,852 | $671,348 |
| 2017 | $32,568 | $3,060,000 | $2,401,815 | $658,185 |
| 2016 | $19,110 | $1,787,662 | $1,139,518 | $648,144 |
| 2015 | $13,986 | $1,322,992 | $1,122,402 | $200,590 |
| 2014 | $12,662 | $1,160,505 | $1,100,416 | $60,089 |
Source: Public Records
Agents Affiliated with this Home
-
Steve High
-
Evan Corkett
Seller Co-Listing Agent in 2019
Evan Corkett
Pacific Sotheby's Int'l Realty
(949) 285-1055
6 in this area
43 Total Sales
-
Andrew Cotton
Seller's Agent in 2018
Andrew Cotton
Compass
(949) 374-1398
1 in this area
29 Total Sales
-
M
Buyer's Agent in 2018
Marco Martelli
Joseph Martelli R E Invst Inc
-
Chris Brigandi
Seller's Agent in 2016
Chris Brigandi
Arbor Real Estate
(949) 910-6005
1 in this area
19 Total Sales
-
Jon Dishon
Seller Co-Listing Agent in 2016
Jon Dishon
Arbor Real Estate
(949) 632-9967
82 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LG19048130
APN: 047-263-04
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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