NOT LISTED FOR SALE

115 E Bay Front Newport Beach, CA 92662

Balboa Island Neighborhood

Estimated Value: $4,818,000 - $8,405,000

4 Beds
3.5 Baths
2,501 Sq Ft
$2,720/Sq Ft Est. Value

Last Sold August 09, 2018

Last sale price $5,450,000 $2,179 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $41,364/month

7 Days on Market

Highlights

  • Marina
  • White Water Ocean Views
  • Property Fronts a Bay or Harbor
  • Abraham Lincoln Elementary School Rated A
  • Property has ocean access
  • Dual Staircase

About This Home

As of August 2018

Once-in-a-generation opportunity to purchase a spectacular coastal beach home on Little Balboa Island at one of the very best waterfront locations in all of Newport Harbor. On the market for the first time in more than 30 years, 115 East Bayfront, located 3 doors from the Pointe on South Bayfront, presents unparalleled sweeping views from the Bay to the Harbor Entrance. This elegant, spacious 4-bedroom, 4-bath cottage home epitomizes the best of living on coveted, seldom available, Little Island. The expansive 1st level has a large living room with fireplace, separate dining room opening to a beautiful private interior patio, impressive wine room, and deluxe chef’s gourmet kitchen complete with LaCanche range and hood, Bosch dishwasher, and custom cabinetry. The 2nd level is approached by two staircases: the front staircase ascends to a grand master bedroom suite and two guest bedrooms, one large enough to be another master; the rear staircase opens to a private rear bedroom suite, which can also be entered through from an outside staircase—perfect as a guest quarters. The master bedroom presents high-beamed ceilings, a fireplace, kitchenette, and huge balcony with stunning views of the Bay, Fashion Island, Irvine Terrace; all the way out to the tip of the Jetty. Ready for ‘summer move in’ with fresh paint and re-finished wood floors, Island life doesn’t get any better than this!

Last Agent to Sell the Property

Don Abrams

Abrams Coastal Properties License #01234323 Listed on: 06/12/2018

Co-Listed By

Ryan Gunderson

Arbor Real Estate License #01869795

Last Buyer's Agent

Lana Fish

Coldwell Banker Realty License #01888807

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $63,109

Year Built

  • Built in 1941

Lot Details

  • 2,550 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Wood Fence
  • Level Lot
  • Property is zoned R1.5

Parking

  • 2 Car Attached Garage

Property Views

  • White Water Ocean
  • Bay
  • City Lights

Interior Spaces

  • 2,501 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Dual Staircase
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Plantation Shutters
  • French Doors
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Gas Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Deck
  • Brick Porch or Patio
  • Exterior Lighting

Utilities

  • Central Heating
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 103
  • Assessor Parcel Number 05018412

Community Details

Overview

  • No Home Owners Association

Recreation

  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$63,109

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Co List Agent
  • Other Phone Number: 9498733841
  • Property Attached: No
  • Subdivision Name Other: Balboa Island - Little Island (BALL)
  • View: Yes
  • Zoning: R1.5
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05018412
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2501.00 Square Feet
  • Interior Amenities: 2 Staircases, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), High Ceilings, Pantry, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Eating Area: Area
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2179.13
  • Room Type: All Bedrooms Up, Living Room, Master Bedroom, Walk-In Pantry
  • Window Features: Plantation Shutters
  • Bathroom Features: Bathtub, Shower, Shower In Tub

Exterior Features

  • Patio: Yes
  • View: Bay, City Lights, Ocean, Water, White Water
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Brick, Deck, Patio Open, Stone
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Range Hood, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 2550.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Beach Access, Marina in Community, Ocean Access

Tax Info

  • Tax Census Tract: 630.06
  • Tax Lot: 12
  • Tax Tract Number: 103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2018
Closed on
Aug 3, 2018
Sold by
Tafe Robert Tiegh
Bought by
Moses Constance C
Seller's Agent
Don Abrams
Abrams Coastal Properties
Buyer's Agent
Lana Fish
Coldwell Banker Realty
List Price
$5,595,000
Sold Price
$5,450,000
Premium/Discount to List
-$145,000
-2.59%
Total Days on Market
7
Current Estimated Value
$6,803,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,353,356
Avg. Annual Appreciation
4.42%
Original Mortgage
$3,815,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Buyer Sale Price Title Company
Moses Constance C $5,450,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moses Constance C $3,579,500
Closed Moses Constance C $3,815,000
Previous Owner Tafe Theodore H $250,000
Previous Owner Tafe Theodore H $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2018 08/09/18 Sold $5,450,000 -2.6% $2,179 / Sq Ft
06/12/2018 06/12/18 For Sale $5,595,000 -- $2,237 / 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
2024 $63,109 $5,960,370 $5,815,046 $145,324
2023 $61,637 $5,843,500 $5,701,025 $142,475
2022 $60,623 $5,728,922 $5,589,240 $139,682
2021 $59,458 $5,616,591 $5,479,647 $136,944
2020 $58,888 $5,559,000 $5,423,460 $135,540
2019 $57,657 $5,450,000 $5,317,117 $132,883
2018 $17,156 $1,605,737 $1,491,891 $113,846
2017 $16,852 $1,574,252 $1,462,638 $111,614
2016 $16,473 $1,543,385 $1,433,959 $109,426
2015 $16,316 $1,520,202 $1,412,419 $107,783
2014 $16,063 $1,490,424 $1,384,752 $105,672
Source: Public Records

Agents Affiliated with this Home

  • Don Abrams

    Seller's Agent in 2018

    Don Abrams

    Abrams Coastal Properties

    (714) 325-9055

    68 in this area

    95 Total Sales

    Don Abrams
    Section Image

  • R

    Seller Co-Listing Agent in 2018

    Ryan Gunderson

    Arbor Real Estate

    (949) 673-3444

    67 in this area

    102 Total Sales

    Ryan Gunderson
    Section Image
  • Lana Fish

    Buyer's Agent in 2018

    Lana Fish

    Coldwell Banker Realty

    (949) 280-3000

    13 Total Sales

    Lana Fish
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18134179

California Regional Multiple Listing Service (CRMLS)

APN: 050-184-12

California Orange County Newport Beach 92662 Balboa Island

115 E Bay Front, Newport Beach, CA

This home is located at 115 E Bay Front, Newport Beach, CA 92662 since 12 June 2018 and is currently estimated at $6,803,356, approximately $2,720 per square foot. This property was built in 1941. 115 E Bay Front is a home located in Orange County with nearby schools including Abraham Lincoln Elementary School, Corona del Mar Middle and High School, and German School Campus.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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