NOT LISTED FOR SALE

1242 W Oceanfront Newport Beach, CA 92661

Central Newport Beach Neighborhood

Estimated Value: $5,456,186 - $6,788,000

4 Beds
4 Baths
2,741 Sq Ft
$2,262/Sq Ft Est. Value

About This Home

This home is located at 1242 W Oceanfront, Newport Beach, CA 92661 and is currently estimated at $6,199,797, approximately $2,261 per square foot. 1242 W Oceanfront is a home located in Orange County with nearby schools including Newport Elementary School, Horace Ensign Intermediate School, and Newport Harbor High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2018
Sold by
Lovell Barbara J and Lovell Barbara
Bought by
Lovell Barbara J and Lovell Family Trust
Current Estimated Value
$6,199,797

Purchase Details

Closed on
Aug 15, 1995
Sold by
Lovell Gary B and Lovell Barbara J
Bought by
Lovell Gary B and Lovell Barbara J
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Lovell Barbara J -- None Available
Lovell Gary B -- --
Source: Public Records

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 $3,060 $200,173 $129,858 $70,315
2023 $3,435 $196,249 $127,312 $68,937
2022 $3,248 $192,401 $124,815 $67,586
2021 $3,525 $188,629 $122,368 $66,261
2020 $3,497 $186,695 $121,113 $65,582
2019 $3,473 $183,035 $118,738 $64,297
2018 $3,560 $179,447 $116,410 $63,037
2017 $3,518 $175,929 $114,128 $61,801
2016 $3,485 $172,480 $111,890 $60,590
2015 $3,739 $169,890 $110,210 $59,680
2014 $3,669 $166,563 $108,052 $58,511
Source: Public Records

Map

California Orange County Newport Beach 92661 Central Newport Beach

1242 W Oceanfront, Newport Beach, CA

This home is located at 1242 W Oceanfront, Newport Beach, CA 92661 and is currently estimated at $6,199,797, approximately $2,261 per square foot. 1242 W Oceanfront is a home located in Orange County with nearby schools including Newport Elementary School, Horace Ensign Intermediate School, and Newport Harbor High School.

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