1350 E Oceanfront Newport Beach, CA 92661
Balboa Peninsula Point NeighborhoodEstimated Value: $7,398,000 - $11,613,197
4
Beds
4.5
Baths
5,760
Sq Ft
$1,619/Sq Ft
Est. Value
Highlights
- Coastline Views
- Fireplace in Primary Bedroom Retreat
- No HOA
- Newport Elementary School Rated A
- Bonus Room
- 3 Car Attached Garage
About This Home
As of October 2023Sold Off Market
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $120,345
Year Built
- Built in 2021
Lot Details
- 3,830 Sq Ft Lot
- Rectangular Lot
Parking
- 3 Car Attached Garage
Property Views
- Coastline
- Catalina
- Orchard Views
Interior Spaces
- 5,760 Sq Ft Home
- 1-Story Property
- Family Room with Fireplace
- Bonus Room
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- Fireplace in Primary Bedroom Retreat
Utilities
- Central Air
Listing and Financial Details
- Tax Lot 4
- Tax Tract Number 6466
- Assessor Parcel Number 04817033
- $369 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- Balboa Peninsula Subdivision
Recreation
- Water Sports
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 27, 2023
Closed on
Oct 9, 2023
Sold by
Bassaly 1 Llc
Bought by
42 Offshore Llc
Seller's Agent
Tara McNabb
Compass
Buyer's Agent
Tara McNabb
Compass
List Price
$11,400,000
Sold Price
$11,400,000
Total Days on Market
0
Views
10
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
-$2,072,601
Avg. Annual Appreciation
-11.79%
Purchase Details
Listed on
Jan 30, 2017
Closed on
Jan 18, 2018
Sold by
Ward Rika and Dam Margot Nicole Van
Bought by
Bassaley 1 Llc
Seller's Agent
Sean Stanfield
Pacific Sotheby's Int'l Realty
Buyer's Agent
Sean Stanfield
Pacific Sotheby's Int'l Realty
List Price
$6,295,000
Sold Price
$5,250,000
Premium/Discount to List
-$1,045,000
-16.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.44%
Original Mortgage
$3,150,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 28, 2016
Sold by
Vandam Henriette
Bought by
Vandam Henriette and Van Dam Family Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
4.33%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Purchase Details
Closed on
Oct 30, 2000
Sold by
Vandam Simon and Vandam Henriette
Bought by
Vandam Simon and Vandam Henriette
Purchase Details
Closed on
Nov 16, 1995
Sold by
Vandam Henriette
Bought by
Vandam Henriette
Similar Homes in the area
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 |
|---|---|---|---|
| 42 Offshore Llc | $11,400,000 | First American Title | |
| Bassaley 1 Llc | $5,250,000 | Lawyers Title | |
| Vandam Henriette | -- | Fidelity National Title | |
| Vandam Simon | -- | -- | |
| Vandam Simon | -- | -- | |
| Vandam Simon | -- | -- | |
| Vandam Henriette | -- | -- | |
| Vandam Simon | -- | -- | |
| Vandam Henriette | -- | -- | |
| Vandam Simon | -- | -- | |
| Vandam Simon | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bassaly Llc | $8,500,000 | |
| Previous Owner | Bassaly 1 Llc | $7,500,000 | |
| Previous Owner | Bassaly 1 Llc | $5,918,800 | |
| Previous Owner | Bassaley 1 Llc | $3,150,000 | |
| Previous Owner | Vandam Henriette | $938,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/27/2023 10/27/23 | Sold | $11,400,000 | 0.0% | $1,979 / Sq Ft |
| 10/27/2023 10/27/23 | Pending | -- | -- | -- |
| 10/27/2023 10/27/23 | For Sale | $11,400,000 | +117.1% | $1,979 / Sq Ft |
| 01/27/2018 01/27/18 | Sold | $5,250,000 | -7.9% | $1,616 / Sq Ft |
| 10/13/2017 10/13/17 | Price Changed | $5,700,000 | -9.5% | $1,755 / Sq Ft |
| 01/30/2017 01/30/17 | For Sale | $6,295,000 | -- | $1,938 / 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 | $120,345 | $11,400,000 | $9,272,028 | $2,127,972 |
| 2023 | $77,402 | $7,347,318 | $5,523,616 | $1,823,702 |
| 2022 | $76,130 | $7,203,253 | $5,415,309 | $1,787,944 |
| 2021 | $65,153 | $6,157,832 | $5,309,127 | $848,705 |
| 2020 | $59,258 | $5,594,170 | $5,254,689 | $339,481 |
| 2019 | $56,658 | $5,355,000 | $5,151,656 | $203,344 |
| 2018 | $56,628 | $5,355,000 | $5,167,944 | $187,056 |
| 2017 | $2,623 | $222,766 | $114,124 | $108,642 |
| 2016 | $2,566 | $218,399 | $111,887 | $106,512 |
| 2015 | $2,539 | $215,119 | $110,206 | $104,913 |
| 2014 | $2,478 | $210,906 | $108,048 | $102,858 |
Source: Public Records
Agents Affiliated with this Home
-
Tara McNabb
Seller's Agent in 2023
Tara McNabb
Compass
(949) 500-3910
5 in this area
93 Total Sales
-
Sean Stanfield
Seller's Agent in 2018
Sean Stanfield
Pacific Sotheby's Int'l Realty
(949) 244-9057
3 in this area
614 Total Sales
-
Ariana Gaffoglio
Seller Co-Listing Agent in 2018
Ariana Gaffoglio
Plus Real Estate
(949) 315-1111
86 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC23200798
APN: 048-170-33
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