NOT LISTED FOR SALE

1123 W Bay Ave Newport Beach, CA 92661

Central Newport Beach Neighborhood

Estimated Value: $5,048,000 - $7,797,878

5 Beds
5 Baths
3,304 Sq Ft
$1,921/Sq Ft Est. Value

About This Home

This home is located at 1123 W Bay Ave, Newport Beach, CA 92661 and is currently estimated at $6,347,970, approximately $1,921 per square foot. 1123 W Bay Ave is a home located in Orange County with nearby schools including Newport Elementary School, Horace Ensign Intermediate School, and Newport Harbor High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2021
Sold by
Lucas Mark M and Lucas Cindy R
Bought by
Lucas Eric J and Lucas Bryan D
Current Estimated Value
$6,347,970

Purchase Details

Closed on
Sep 25, 1995
Sold by
Lucas Mark and Lucas Cindy
Bought by
Lucas Mark M and Lucas Cindy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
7%

Purchase Details

Closed on
Aug 14, 1995
Sold by
Jones Leonard P and Jones Mary
Bought by
Lucas Mark M and Lucas Cindy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
7%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Lucas Eric J -- None Available
Lucas Mark M -- First American Title Ins Co
Lucas Mark M $845,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucas Mark M $565,000
Closed Lucas Mark M $675,000
Closed Lucas Mark M $570,000
Source: Public Records

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 $35,898 $3,448,926 $2,852,723 $596,203
2024 $35,898 $3,381,300 $2,796,787 $584,513
2023 $35,058 $3,315,000 $2,741,948 $573,052
2022 $34,477 $3,250,000 $2,688,184 $561,816
2021 $14,822 $1,374,117 $832,866 $541,251
2020 $14,679 $1,360,028 $824,326 $535,702
2019 $14,378 $1,333,361 $808,162 $525,199
2018 $14,093 $1,307,217 $792,316 $514,901
2017 $13,844 $1,281,586 $776,781 $504,805
2016 $13,535 $1,256,457 $761,550 $494,907
2015 $13,406 $1,237,584 $750,110 $487,474
2014 $13,091 $1,213,342 $735,416 $477,926
Source: Public Records

Map

California Orange County Newport Beach 92661 Central Newport Beach

1123 W Bay Ave, Newport Beach, CA

This home is located at 1123 W Bay Ave, Newport Beach, CA 92661 and is currently estimated at $6,347,970, approximately $1,921 per square foot. 1123 W Bay Ave is a home located in Orange County with nearby schools including Newport Elementary School, Horace Ensign Intermediate School, and Newport Harbor High School.

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