NOT LISTED FOR SALE

1218 Polaris Dr Newport Beach, CA 92660

Dover Shores Neighborhood

Estimated Value: $5,648,000 - $6,483,169

4 Beds
3.5 Baths
3,392 Sq Ft
$1,787/Sq Ft Est. Value

Last Sold July 08, 2014

Last sale price $2,800,000 $825 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $36,009/month

63 Days on Market

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 2014

Magnificent 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

Doug Skoro

Douglas Elliman of California License #01429075 Listed on: 03/31/2014

Last Buyer's Agent

Hidetoshi Okada

Sweet Bay Properties License #00960042

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
  • Heated Spa
  • In Ground Spa
  • Saltwater Pool

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,034

Year Built

Built in 1964 | Remodeled

Lot Details

0

HOA Fees

$67 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Closed Circuit Camera(s), Smoke Detector(s), Security System, Wired for Alarm System
  • Subdivision Name Other: Dover Shores (DSAM)
  • View: Yes
  • Zoning: R1
  • Architectural Style: Contemporary, Modern
  • Property Condition: Additions/Alterations, Building Permit, Updated/Remodeled, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 11769503
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3392.00
  • Interior Amenities: Bar, Built-in Features, Ceiling Fan(s), Wired for Data, Copper Plumbing Full, Open Floorplan, Pantry, Storage, Stone Counters, Wired for Sound, Wet Bar
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Double Door Entry, Sliding Doors
  • Eating Area: Breakfast Nook, In Family Room, In Kitchen, In Living Room
  • Fireplace Features: Gas, Great Room, Living Room, Master Bedroom, Wood Burning
  • Levels: One
  • Price Per Square Foot: 825.47
  • Room Type: All Bedrooms Down, Family Room, Guest/Maid's Quarters, Great Room, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Walk-In Pantry, Walk-In Closet, Separate Family Room
  • Spa Features: Heated, In Ground, Private
  • Window Features: Custom Covering, Drapes

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Koi Pond, Lighting, Rain Gutters, Satellite Dish
  • View: Bay, Back Bay, City Lights
  • Fence: Yes
  • Fencing: Excellent Condition
  • Patio And Porch Features: Concrete, Enclosed, Wrap Around
  • Pool Features: Heated, In Ground, Private, Salt Water
  • Pool Private: Yes
  • Roof: Asphalt
  • Spa: Yes
  • Construction Materials: Brick, Concrete, Drywall Walls, Glass, Stucco, Stone

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Built-In Storage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Instant Hot Water, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Water Line to Refrigerator, Warming Drawer
  • Heating Type: Central, Forced Air
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dues Paid Annually
  • Association Fee: 800.00
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Storm Drains

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Size Sq Ft: 16988.00
  • Lot Size Acres: 0.3900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 16988.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 98
  • Tax Tract Number: 4224

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%
Current Estimated Value
$6,060,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,260,542
Avg. Annual Appreciation
7.18%
Original Mortgage
$1,650,000
Outstanding Balance
$1,257,180
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$4,803,362

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
Source: Public Records

Range of Values:

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Average Value
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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
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

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 $35,034 $3,365,178 $2,958,543 $406,635
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

  • D

    Seller's Agent in 2014

    Doug Skoro

    Douglas Elliman of California

    (949) 270-0440

    6 Total Sales

    Doug Skoro
    Section Image

  • H

    Buyer's Agent in 2014

    Hidetoshi Okada

    Sweet Bay Properties

    (949) 872-2273

    30 Total Sales

    Hidetoshi Okada
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP14064920

California Regional Multiple Listing Service (CRMLS)

APN: 117-695-03

California Orange County Newport Beach 92660 Dover Shores

1218 Polaris Dr, Newport Beach, CA

This home is located at 1218 Polaris Dr, Newport Beach, CA 92660 since 31 March 2014 and is currently estimated at $6,060,542, approximately $1,786 per square foot. This property was built in 1964. 1218 Polaris Dr is a home located in Orange County with nearby schools including Mariners Elementary School, Horace Ensign Intermediate School, and Newport Harbor High School.

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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