T
Landlord's Agent in 2018
Traighe Concannon
Burr White Realty
1200 W Oceanfront Newport Beach, CA 92661
Central Newport Beach NeighborhoodEstimated Value: $5,369,000 - $12,557,415
4
Beds
2.5
Baths
2,543
Sq Ft
$3,280/Sq Ft
Est. Value
Highlights
- Beach Front
- White Water Ocean Views
- No HOA
- Newport Elementary School Rated A
- Property has ocean access
- 3-minute walk to Newport Beach Playground
About This Home
As of September 2018Fantastic Newport Beach Peninsula Oceanfront Four Bedroom Two and One Half Bath Single Family Home. Located right on the oceanfront between the Balboa and Newport Pier, this wonderful single-family home offers an amazing location, within a short walk to downtown Newport Beach Pier shops and restaurants. Relax on the spacious front patio and soak in the sun or set up a barbecue and grill. As you walk in the home, you are greeted by a spacious living room with cozy fireplace and laminate wood flooring. There is a small dining nook and half bath just off of the living area. The kitchen has laminate wood flooring, dishwasher, gas range, and refrigerator. There is a separate washer dryer room inside the home with hookups for a washer dryer. As you head upstairs, you will find Four spacious carpeted bedrooms and two more baths. The master bedroom is very spacious and has an amazing view of the ocean. There is also a huge private back patio that is perfect for entertaining.
Last Agent to Rent the Property
Traighe Concannon
Burr White Realty License #01900259 Listed on: 04/25/2018
Last Renter's Agent
Judson Hietbrink
Burr White Realty License #01785515
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $72,026
Year Built
- Built in 1927
Lot Details
- 4,043 Sq Ft Lot
- Beach Front
- Level Lot
- Back Yard
Parking
- 1 Car Garage
Property Views
- White Water Ocean
- Coastline
Interior Spaces
- 2,543 Sq Ft Home
- Living Room with Fireplace
Bedrooms and Bathrooms
- 4 Bedrooms
- All Upper Level Bedrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Property has ocean access
Community Details
- No Home Owners Association
Listing and Financial Details
- Security Deposit $10,200
- 12-Month Minimum Lease Term
- Available 4/25/18
- Tax Lot 1
- Tax Tract Number 234
- Assessor Parcel Number 04724129
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 21, 2014
Sold by
Shah Shirish Jagmohandas and Shah Sandhya Shirish
Bought by
Shah Shirish Jagmohandas and Shah Sandhya Shirish
Current Estimated Value
Purchase Details
Listed on
Nov 29, 2012
Closed on
Dec 19, 2012
Sold by
Lear Mary L
Bought by
Shah Shirish Jagmohandas and Shah Sandhya Shirish
Seller's Agent
Andy Stavros
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
Buyer's Agent
Andy Stavros
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
List Price
$9,400,000
Sold Price
$8,000,000
Premium/Discount to List
-$1,400,000
-14.89%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.20%
Original Mortgage
$7,200,000
Outstanding Balance
$5,094,194
Interest Rate
3.37%
Mortgage Type
Seller Take Back
Estimated Equity
$3,107,842
Purchase Details
Closed on
Nov 7, 2007
Sold by
Helie Betsey L
Bought by
Helie Lee H and Helie Betsey L
Purchase Details
Closed on
Nov 2, 2007
Sold by
Lear Mary L
Bought by
Lear Mary L and Mary L Lear Trust
Purchase Details
Closed on
Oct 23, 2003
Sold by
Lewis Jeffrey W
Bought by
Lewis Jeffrey W and Jeffrey W Lewis Family Trust
Purchase Details
Closed on
May 23, 2002
Sold by
Helie Betsey L and Lewis Jeffrey W
Bought by
Helie Betsey L and Lewis Jeffrey W
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 |
|---|---|---|---|
| Shah Shirish Jagmohandas | -- | California Title Company | |
| Shah Shirish Jagmohandas | $8,000,000 | California Title Company | |
| Helie Lee H | -- | None Available | |
| Lear Mary L | -- | None Available | |
| Lewis Jeffrey W | -- | -- | |
| Helie Betsey L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shah Shirish Jagmohandas | $3,500,000 | |
| Closed | Shah Shirish Jagmohandas | $3,520,000 | |
| Closed | Shah Shirish Jagmohandas | $4,100,000 | |
| Open | Shah Shirish Jagmohandas | $7,200,000 | |
| Previous Owner | Lewis Jeffrey W | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2018 09/15/18 | Rented | $6,500 | -23.5% | -- |
| 07/05/2018 07/05/18 | Price Changed | $8,500 | -10.5% | $3 / Sq Ft |
| 04/25/2018 04/25/18 | For Rent | $9,500 | 0.0% | -- |
| 12/22/2012 12/22/12 | Sold | $8,000,000 | -14.9% | $3,146 / Sq Ft |
| 11/29/2012 11/29/12 | For Sale | $9,400,000 | -- | $3,696 / 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 | $72,026 | $6,888,834 | $5,280,449 | $1,608,385 |
| 2024 | $72,026 | $6,753,759 | $5,176,910 | $1,576,849 |
| 2023 | $70,803 | $6,621,333 | $5,075,402 | $1,545,931 |
| 2022 | $67,705 | $6,319,753 | $4,975,884 | $1,343,869 |
| 2021 | $55,109 | $5,089,875 | $4,878,318 | $211,557 |
| 2020 | $53,254 | $4,911,135 | $4,828,297 | $82,838 |
| 2019 | $52,184 | $4,814,839 | $4,733,625 | $81,214 |
| 2018 | $51,297 | $4,720,431 | $4,640,809 | $79,622 |
| 2017 | $50,408 | $4,627,874 | $4,549,813 | $78,061 |
| 2016 | $49,313 | $4,537,132 | $4,460,601 | $76,531 |
| 2015 | $49,146 | $4,468,981 | $4,393,599 | $75,382 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Tenant's Agent in 2018
Judson Hietbrink
Burr White Realty
-
Seller's Agent in 2012
Andy Stavros
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
(949) 270-0466
39 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP18095591
APN: 047-241-29
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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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