$4,445,000
SOLD NOV 25, 2024
3 Beds
3.5 Baths
2,397 Sq Ft
2,100 Sq Ft Lot

Recently Sold

$1,854 Per Sq Ft

3% Below List Price

52 Days on Market

Highlights

  • Ocean View
  • Rooftop Deck
  • Open Floorplan
  • Newport Elementary School Rated A
  • Primary Bedroom Suite
  • Wood Flooring

About This Home

As of November 2024

Indulge in coastal opulence as you step into your sanctuary at 115 E Bay Ave, Newport Beach – an unparalleled fusion where luxury seamlessly intertwines w/the sublime allure of coastal living. Crafted in 2016, this magnificent abode sprawls across 2,397 sq. ft., boasting 3 sumptuously appointed bdrms & 3.5 baths, meticulously designed to capture the essence of refined elegance. Envision the sheer delight of ascending to your expansive top deck, greeted by the breathtaking spectacle of the sun descending below the horizon, casting a symphony of vivid hues across the expansive canvas of the ocean. The panoramic vista of Catalina Island serves as an ever-present reminder of the boundless beauty that envelops you. At the heart of this archt'l. masterpiece lies an inviting, open floor plan, suffused w/an abundance of natural light & gentle embrace of ocean breezes – an idyllic setting that transforms every gathering into an unforgettable soirée. Residing on the Newport Beach peninsula grants you access to a cornucopia of delights, incl. the warmth of a vibrant community while embracing the temperate sea air year-round. Proximity to premier shopping destinations such as Newport Fashion Island & So. Coast Plaza ensures that indulgence is always near by, while dining out is a culinary experience w/an array of esteemed restaurants to tantalize the palate. Located steps away from both the pristine beach & tranquil bay, you'll find yourself immersed in endless opportunities for relaxation & recreation, from leisurely strolls along the shore to exhilarating water sports, ensuring that every day is filled w/moments of serenity & adventure. Close proximity to John Wayne Airport facilitates effortless travel, while the ferry to Balboa Island imbues your weekends w/an element of whimsical adventure & discovery. Moreover, to reside in a home that claims the highest elevation on the peninsula not only affords you unparalleled vistas but also bestows upon you a sense of exclusivity that is simply unmatched. Cultivate a vibrant social life from the comfort of your front deck – a veritable oasis where evenings are spent savoring the finest vintages & engaging in spirited discourse w/neighbors & passersby. This sense of community extends to Marina Park, where invigorating exercise classes nurtures both body & soul. At 115 E Bay Ave, you are not merely acquiring a residence – you are embarking on a lifestyle that epitomizes the very essence of coastal luxury in Newport Beach.

Last Agent to Sell the Property

Christopher Fox

eXp Realty of Greater Los Angeles Brokerage Phone: 909-921-4742 License #01847774 Listed on: 09/03/2024

eXp Realty of Greater Los Angeles

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,672

Year Built

  • Built in 2016

Lot Details

  • 2,100 Sq Ft Lot
  • Wrought Iron Fence
  • Vinyl Fence
  • Stucco Fence
  • Rectangular Lot
  • Level Lot

Parking

  • 2 Car Direct Access Garage
  • 1 Carport Space
  • Parking Storage or Cabinetry
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door

Property Views

  • Ocean
  • City Lights
  • Peek-A-Boo

Home Design

  • Modern Architecture
  • Entry on the 1st floor
  • Turnkey
  • Frame Construction
  • Stucco

Interior Spaces

  • 2,397 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Wainscoting
  • High Ceiling
  • Recessed Lighting
  • Custom Window Coverings
  • Blinds
  • Panel Doors
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Loft
  • Bonus Room
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Multiple Shower Heads
  • Walk-in Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Patio
  • Rain Gutters
  • Front Porch

Utilities

  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 8 / 1
  • Tax Tract Number 219
  • Assessor Parcel Number 04807205
  • $380 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Balboa Peninsula Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,672

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Modern
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04807205
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2397.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Unfurnished, Wainscoting
  • Stories: 3
  • Entry Location: Steps Up
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Panel Doors
  • Eating Area: Area, Breakfast Counter / Bar, In Living Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1854.40
  • Room Type: All Bedrooms Up, Bonus Room, Great Room, Kitchen, Laundry, Living Room, Loft, Primary Bathroom, Primary Bedroom, Primary Suite, Two Primaries, Walk-In Closet, Walk-In Pantry
  • Window Features: Blinds, Custom Covering
  • Bathroom Features: Bathtub, Shower, Double Sinks In Primary Bath, Dual Shower Heads (or Multiple), Privacy Toilet Door, Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: City Lights, Ocean, Peek-A-Boo
  • Fence: Yes
  • Fencing: Stucco Wall, Vinyl, Wrought Iron
  • Patio And Porch Features: Front Porch, Roof Top
  • Pool Private: No
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Direct Garage Access, Garage Faces Rear, Garage - Single Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Double Oven, Freezer, Disposal, Gas Range, Microwave, Range Hood, Refrigerator
  • Heating Type: Forced Air, Zoned
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Watersports, Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Level
  • Lot Size Sq Ft: 2100.00
  • Lot Size Acres: 0.0482

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2100.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 628.00
  • Tax Lot: 8
  • Tax Tract Number: 219
  • TaxOtherAnnualAssessmentAmount: 380.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2025
Sold by
Nguyen Duy
Bought by
E & E Assets Llc
Current Estimated Value
$4,542,562

Purchase Details

Listed on
Sep 3, 2024
Closed on
Oct 31, 2024
Sold by
Stanley And Janis Neuman Revocable Trust and Neuman Janis Fae
Bought by
Nguyen Duy Thanh
Seller's Agent
Christopher Fox
eXp Realty of Greater Los Angeles
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$4,595,000
Sold Price
$4,445,000
Premium/Discount to List
-$150,000
-3.26%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.50%
Original Mortgage
$3,000,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2019
Sold by
Neuman Stanley and Neuman Janis
Bought by
Neuman Stanley and Neuman Janis Fae

Purchase Details

Listed on
May 30, 2017
Closed on
Sep 29, 2017
Sold by
Rreg Investments Series Llc
Bought by
Neuman Stanley and Neuman Janis
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Kimberlee Drake
Compass
List Price
$2,925,000
Sold Price
$2,750,000
Premium/Discount to List
-$175,000
-5.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%
Original Mortgage
$2,062,500
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2015
Sold by
Carlozzi Mark J
Bought by
Rreg Investments Series Llc Series 1025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
3.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 1995
Sold by
Hines Ben Stephen and Hines Ben T
Bought by
Carlozzi Mark J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7.75%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed $4,445,000 Socal Title Company
Grant Deed $4,445,000 Socal Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $2,750,000 Fidelity National Title Co
Grant Deed $1,300,000 Fidelity National Title
Grant Deed $265,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,000,000 New Conventional
Previous Owner $2,062,500 New Conventional
Previous Owner $780,000 Purchase Money Mortgage
Previous Owner $212,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/25/2024 11/25/24 Sold $4,445,000 -3.3% $1,854 / Sq Ft
10/25/2024 10/25/24 Pending -- -- --
09/03/2024 09/03/24 For Sale $4,595,000 +67.1% $1,917 / Sq Ft
09/29/2017 09/29/17 Sold $2,750,000 -6.0% $1,216 / Sq Ft View Prior Sale
09/04/2017 09/04/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $2,925,000 +125.0% $1,293 / Sq Ft
11/24/2015 11/24/15 Sold $1,300,000 0.0% $1,043 / Sq Ft View Prior Sale
09/01/2015 09/01/15 Pending -- -- --
09/01/2015 09/01/15 For Sale $1,300,000 -- $1,043 / 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 $32,672 $4,445,000 $3,595,752 $849,248
2024 $32,672 $3,067,675 $2,407,413 $660,262
2023 $31,908 $3,007,525 $2,360,209 $647,316
2022 $32,157 $2,948,554 $2,313,930 $634,624
2021 $31,778 $2,890,740 $2,268,559 $622,181
2020 $31,479 $2,861,100 $2,245,298 $615,802
2019 $30,876 $2,805,000 $2,201,272 $603,728
2018 $30,396 $2,750,000 $2,158,109 $591,891
2017 $19,483 $1,709,642 $1,292,912 $416,730
2016 $15,116 $1,300,000 $1,267,561 $32,439
2015 $5,406 $373,174 $330,054 $43,120
2014 $5,274 $365,865 $323,589 $42,276
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24181185

California Regional Multiple Listing Service (CRMLS)

APN: 048-072-05