NOT LISTED FOR SALE

Estimated Value: $7,132,000 - $10,559,212

5 Beds
8 Baths
4,757 Sq Ft
$1,764/Sq Ft Est. Value

About This Home

This home is located at 1128 W Oceanfront, Newport Beach, CA 92661 and is currently estimated at $8,393,071, approximately $1,764 per square foot. 1128 W Oceanfront 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
Apr 21, 2006
Sold by
Flapan Marshall
Bought by
Edwards Andrew C and The Andrew C Edwards Trust
Current Estimated Value
$8,393,071

Purchase Details

Closed on
Mar 25, 2004
Sold by
Puntoriero Michael J and Puntoriero Adriane C
Bought by
Flapan Marshall and Marshall Flapan Trust

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
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 1998
Sold by
Michael Puntoriero and Michael Adriane C
Bought by
Puntoriero Michael J and Puntoriero Adriane C

Purchase Details

Closed on
Apr 4, 1995
Sold by
Puntoriero Michael J
Bought by
Puntoriero Michael J and The Michael J Puntoriero Trust

Purchase Details

Closed on
Nov 22, 1993
Sold by
Blevins Lee D and Blevins Carolyn R
Bought by
Puntoriero Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
6.89%
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
Edwards Andrew C $7,150,000 Equity Title Company
Flapan Marshall $4,200,000 Chicago Title Co
Puntoriero Michael J -- --
Puntoriero Michael J -- --
Puntoriero Michael J -- Orange Coast Title Companies
Puntoriero Michael J $850,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flapan Marshall $1,000,000
Previous Owner Puntoriero Michael J $1,000,000
Previous Owner Puntoriero Michael J $637,500
Closed Flapan Marshall $100,000
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
2024 $93,766 $8,874,000 $7,978,886 $895,114
2023 $93,406 $8,874,000 $7,978,886 $895,114
2022 $91,872 $8,700,000 $7,822,437 $877,563
2021 $86,639 $8,200,000 $7,322,437 $877,563
2020 $80,804 $7,640,547 $6,762,984 $877,563
2019 $79,112 $7,490,733 $6,630,377 $860,356
2018 $79,072 $7,490,733 $6,630,377 $860,356
2017 $77,670 $7,343,856 $6,500,369 $843,487
2016 $77,425 $7,343,856 $6,500,369 $843,487
2015 $77,868 $7,343,856 $6,500,369 $843,487
2014 $76,030 $7,200,000 $6,373,035 $826,965
Source: Public Records

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