1218 Polaris Dr Newport Beach, CA 92660
Dover Shores NeighborhoodEstimated Value: $5,337,000 - $5,982,000
4
Beds
3.5
Baths
3,392
Sq Ft
$1,686/Sq Ft
Est. Value
Highlights
- Koi Pond
- Heated In Ground Pool
- Primary Bedroom Suite
- Mariners Elementary School Rated A
- Back Bay Views
- Open Floorplan
About This Home
As of July 2014Magnificent contemporary home with mid century modern flare sitting atop the bluffs of Dover Shores with views of the Back Bay and Fashion Island. Recent extensive remodel taken down to the studs with new plumbing and electrical, completed the end of 2013 - Upon opening the glass gates one will enter a beautifully landscaped courtyard with Koi Pond, large swimming pool and spa. The home boasts 4 bedrooms, 3 1/2 baths, 3 fireplaces, hardwood floors, marble counter-tops, Security cameras and security gate. The home has an open floor plan, connection to its beautiful natural surrounding and light filled spaces - It's ideal for entertaining and raising a family.
Last Agent to Sell the Property
Douglas Elliman of California License #01429075 Listed on: 03/31/2014
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $35,034
Year Built
- Built in 1964 | Remodeled
Lot Details
- 0.39 Acre Lot
- Fenced
- Fence is in excellent condition
- On-Hand Building Permits
- Property is zoned R1
HOA Fees
- $67 Monthly HOA Fees
Parking
- 3 Car Garage
- Parking Storage or Cabinetry
- Parking Available
- Driveway
Property Views
- Back Bay
- City Lights
Home Design
- Contemporary Architecture
- Modern Architecture
- Turnkey
- Additions or Alterations
- Brick Exterior Construction
- Slab Foundation
- Fire Rated Drywall
- Asphalt Roof
- Stone Siding
- Pre-Cast Concrete Construction
- Copper Plumbing
- Stucco
Interior Spaces
- 3,392 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Wet Bar
- Wired For Sound
- Wired For Data
- Built-In Features
- Bar
- Ceiling Fan
- Wood Burning Fireplace
- Gas Fireplace
- Custom Window Coverings
- Double Door Entry
- Sliding Doors
- Great Room with Fireplace
- Living Room with Fireplace
- Storage
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Walk-In Pantry
- Gas Oven
- Six Burner Stove
- Gas Cooktop
- Warming Drawer
- Microwave
- Ice Maker
- Water Line To Refrigerator
- Dishwasher
- Stone Countertops
- Instant Hot Water
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Maid or Guest Quarters
Home Security
- Alarm System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Accessible Home Design
- No Interior Steps
Pool
- Heated In Ground Pool
- Saltwater Pool
- Heated Spa
- In Ground Spa
Outdoor Features
- Patio
- Koi Pond
- Exterior Lighting
- Rain Gutters
- Wrap Around Porch
Utilities
- Forced Air Zoned Heating and Cooling System
- Tankless Water Heater
- Gas Water Heater
- Satellite Dish
Listing and Financial Details
- Tax Lot 98
- Tax Tract Number 4224
- Assessor Parcel Number 11769503
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 31, 2014
Closed on
Jun 19, 2014
Sold by
Jd Land Fund Ii Llc
Bought by
Naito Kiyoshi and Naito Misao
Seller's Agent
Doug Skoro
Douglas Elliman of California
Buyer's Agent
Hidetoshi Okada
Sweet Bay Properties
List Price
$3,195,000
Sold Price
$2,800,000
Premium/Discount to List
-$395,000
-12.36%
Total Days on Market
63
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,919,636
Avg. Annual Appreciation
6.77%
Original Mortgage
$1,650,000
Outstanding Balance
$1,271,768
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$4,447,868
Purchase Details
Closed on
Oct 25, 2013
Sold by
Jd Land Fund Ii Llc
Bought by
Jd Land Fund Ii Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,450,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Aug 24, 2011
Sold by
Colby Stephen A and Enright Colby Carolyn Sue
Bought by
Jd Fund Ii Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
4.43%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Nov 20, 2002
Sold by
Walsh Jeff A and Walsh Jacqueline L
Bought by
Colby Stephen A and Enright Colby Carolyn Sue
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$896,250
Interest Rate
5.37%
Purchase Details
Closed on
Oct 12, 2000
Sold by
Lincoln Clara M and Lincoln Clara M Trust
Bought by
Walsh Jeff A and Walsh Jacqueline L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.9%
Purchase Details
Closed on
Sep 21, 1998
Sold by
Fu Hsueh
Bought by
Lincoln Clara M and The Clara M Lincoln Trust
Purchase Details
Closed on
Jul 26, 1994
Sold by
Hsiueh Hang Lung and Hsiueh Horng Yean
Bought by
Hsueh Fu Jen
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Naito Kiyoshi | $2,800,000 | First American Title Insuran | |
| Jd Land Fund Ii Llc | -- | Servicelink | |
| Jd Fund Ii Llc | $110,000 | Fidelity National Title Co | |
| Colby Stephen A | $1,195,000 | Fidelity National Title Co | |
| Walsh Jeff A | $1,042,500 | Southland Title Corporation | |
| Lincoln Clara M | $780,000 | Old Republic Title Company | |
| Hsueh Fu Jen | -- | First Southwestern Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Naito Kiyoshi | $884,000 | |
| Open | Naito Kiyoshi | $1,650,000 | |
| Previous Owner | Jd Land Fund Ii Llc | $200,000 | |
| Previous Owner | Jd Land Fund Ii Llc | $1,450,000 | |
| Previous Owner | Jd Land Fund Ii Llc | $500,000 | |
| Previous Owner | Jd Fund Ii Llc | $1,250,000 | |
| Previous Owner | Colby Stephen A | $250,000 | |
| Previous Owner | Colby Stephen A | $100,000 | |
| Previous Owner | Colby Stephen A | $903,100 | |
| Previous Owner | Colby Stephen A | $896,250 | |
| Previous Owner | Walsh Jeff A | $200,000 | |
| Previous Owner | Walsh Jeff A | $661,500 | |
| Previous Owner | Walsh Jeff A | $650,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2014 07/08/14 | Sold | $2,800,000 | -3.3% | $825 / Sq Ft |
| 05/01/2014 05/01/14 | Price Changed | $2,895,000 | -9.4% | $853 / Sq Ft |
| 03/31/2014 03/31/14 | For Sale | $3,195,000 | -- | $942 / 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 |
|---|---|---|---|---|
| 2024 | $35,034 | $3,299,195 | $2,900,533 | $398,662 |
| 2023 | $34,214 | $3,234,505 | $2,843,659 | $390,846 |
| 2022 | $33,647 | $3,171,084 | $2,787,901 | $383,183 |
| 2021 | $33,000 | $3,108,906 | $2,733,236 | $375,670 |
| 2020 | $32,683 | $3,077,028 | $2,705,210 | $371,818 |
| 2019 | $32,002 | $3,016,695 | $2,652,167 | $364,528 |
| 2018 | $31,362 | $2,957,545 | $2,600,164 | $357,381 |
| 2017 | $30,805 | $2,899,554 | $2,549,180 | $350,374 |
| 2016 | $30,110 | $2,842,700 | $2,499,196 | $343,504 |
| 2015 | $29,826 | $2,800,000 | $2,461,655 | $338,345 |
| 2014 | $17,591 | $1,641,418 | $1,317,705 | $323,713 |
Source: Public Records
Agents Affiliated with this Home
-
Doug Skoro
D
Seller's Agent in 2014
Doug Skoro
Douglas Elliman of California
(949) 270-0440
5 Total Sales
-
Hidetoshi Okada
H
Buyer's Agent in 2014
Hidetoshi Okada
Sweet Bay Properties
(949) 872-2273
30 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP14064920
APN: 117-695-03
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