Seller's Agent in 2012
Steve High
Pacific Sotheby's Int'l Realty
(949) 874-4724
8 in this area
67 Total Sales
1226 W Bay Ave Newport Beach, CA 92661
Central Newport Beach NeighborhoodEstimated Value: $3,895,000 - $7,914,493
5
Beds
4.5
Baths
3,650
Sq Ft
$1,527/Sq Ft
Est. Value
Highlights
- Marina View
- Ocean Side of Freeway
- Wood Flooring
- Newport Elementary School Rated A
- 0.18 Acre Lot
- 4-minute walk to Newport Beach Playground
About This Home
As of August 2012With spectacular harbor, sailboat races and city lights views, this gracious 1930's bay front Mediterranean style home with traditional interiors and nautical details embodies Newport Harbor waterfront living at its finest. Situated on two lots, with 70' of frontage, and located at one of the most coveted bay front locations on the Balboa Peninsula, the 1200 block of West Bay, where most of the lots are wider, and there are no boat moorings located in front of the homes, this immaculately maintained property features a private pier and slip for a large boat, a grass yard, mature landscaping and a rose garden. The house is rich with character and style and has hardwood floors throughout, nice ceiling heights, white high-gloss painted woodwork, a large living room with fireplace, bar and family area, formal dining room, a large covered bayside patio, a large workshop, and five bedrooms, and four and one-half baths. Opportunities abound at this 'once in a lifetime' property.
Last Agent to Sell the Property
Pacific Sotheby's Int'l Realty License #00936421 Listed on: 02/29/2012
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $23,588
Year Built
- Built in 1931
Lot Details
- 7,680 Sq Ft Lot
- Lot Dimensions are 70 x 109
- Block Wall Fence
- Property is zoned R1
Parking
- 2 Car Attached Garage
- Oversized Parking
- Parking Available
- Workshop in Garage
- Front Facing Garage
- Garage Door Opener
Property Views
- Marina
- Bay
- Harbor
- City Lights
- Mountain
Home Design
- Mediterranean Architecture
- Spanish Tile Roof
- Clay Roof
- Wood Siding
- Stucco
Interior Spaces
- 3,650 Sq Ft Home
- Crown Molding
- Wood Burning Fireplace
- Fireplace Features Masonry
- Electric Fireplace
- Gas Fireplace
- Sliding Doors
- Family or Dining Combination
- Den
- Breakfast Area or Nook
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
Outdoor Features
- Ocean Side of Freeway
- Covered Patio or Porch
Utilities
- Gravity Heating System
- Sewer Paid
Community Details
- Custom
Listing and Financial Details
- Legal Lot and Block 4 / 3
- Tax Tract Number 626
- Assessor Parcel Number 04723203
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 15, 2020
Sold by
Werner Patrick S and Werner Mary E
Bought by
Broyles Patrick James and Werner Eric Lawrence
Current Estimated Value
Purchase Details
Closed on
May 31, 2012
Sold by
Chapman Robert J and Chapman Gerald L
Bought by
Werner Patrick S and Werner Mary E
Purchase Details
Closed on
Mar 23, 2004
Sold by
Chapman Louise C
Bought by
Chapman Louise C and The Chapman Family Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Broyles Patrick James | -- | None Available | |
| Werner Patrick S | $7,000,000 | Lawyers Title Co | |
| Chapman Louise C | -- | -- | |
| Chapman Louise C | -- | -- | |
| Chapman Louise C | -- | -- | |
| Chapman Louise C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Patrick S Werner 2012 Legacy T | $980,000 | |
| Open | Werner Patrick S | $3,347,000 | |
| Closed | Werner Patrick S | $3,370,000 | |
| Closed | Werner Patrick S | $3,500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2012 08/01/12 | Sold | $7,000,000 | -10.3% | $1,918 / Sq Ft |
| 02/29/2012 02/29/12 | For Sale | $7,800,000 | -- | $2,137 / 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 | $23,588 | $2,255,651 | $1,505,020 | $750,631 |
| 2024 | $23,588 | $2,211,423 | $1,475,510 | $735,913 |
| 2023 | $23,034 | $2,168,062 | $1,446,578 | $721,484 |
| 2022 | $22,651 | $2,125,551 | $1,418,213 | $707,338 |
| 2021 | $22,216 | $2,083,874 | $1,390,405 | $693,469 |
| 2020 | $22,002 | $2,062,507 | $1,376,148 | $686,359 |
| 2019 | $21,545 | $2,022,066 | $1,349,165 | $672,901 |
| 2018 | $21,114 | $1,982,418 | $1,322,711 | $659,707 |
| 2017 | $20,740 | $1,943,548 | $1,296,776 | $646,772 |
| 2016 | $20,273 | $1,905,440 | $1,271,349 | $634,091 |
| 2015 | $20,095 | $1,876,819 | $1,252,252 | $624,567 |
| 2014 | $19,680 | $1,840,055 | $1,227,722 | $612,333 |
Source: Public Records
Agents Affiliated with this Home
-
Steve High
-
Evan Corkett
Seller Co-Listing Agent in 2012
Evan Corkett
Pacific Sotheby's Int'l Realty
(949) 285-1055
6 in this area
43 Total Sales
-
Alison Eastman
Buyer's Agent in 2012
Alison Eastman
Compass
(949) 466-5408
9 Total Sales
-
Katie Dickerson
Buyer Co-Listing Agent in 2012
Katie Dickerson
Compass
(949) 554-1200
11 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: U12000866
APN: 047-232-03
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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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