NOT LISTED FOR SALE

1415 E Bay Ave Newport Beach, CA 92661

Balboa Peninsula Point Neighborhood

Estimated Value: $6,704,000 - $7,282,078

5 Beds
4.5 Baths
2,842 Sq Ft
$2,493/Sq Ft Est. Value

Last Sold August 22, 2013

Last sale price $4,735,000 $1,666 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $41,980/month

175 Days on Market

Highlights

  • Beach Front
  • Private Dock Site
  • 0.13 Acre Lot
  • Newport Elementary School Rated A
  • Bay View
  • Main Floor Bedroom

About This Home

As of August 2013

Bay Front with a beach and Private Pier. Located just around the bend on Peninsula point on Newport Harbor, this vintage home is approximately 2,842 square feet featuring 5 bedrooms and 4 baths. The property includes a Pier and private slip that may accommodate up to a 55'+ Yacht and can possibly be reconfigured for an even larger boat. The dock also has a side tie for an additional watercraft such as a Duffy or a Boston Whaler type craft. This home has a Sandy Beach in front offering a resort feel that is unmatched on Newport Harbor. The owner also holds title to MLS# U12004866 a 2,700 square foot lot that offers an additional garage & ample parking directly behind the Bay Front home if your buyer desires that property they will have the first right of refusal even if U12004866 is in escrow.

Last Agent to Sell the Property

Robert Koop

Tekoop Properties, Inc. License #00856542 Listed on: 01/15/2013

Last Buyer's Agent

Stephen Mitchell

Steve Mitchell Broker License #01108498

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1946

Lot Details

  • 5,730 Sq Ft Lot
  • Lot Dimensions are 31 x187 x 29
  • Beach Front
  • Property Fronts a Bay or Harbor

Parking

  • 1 Car Attached Garage

Property Views

  • Bay
  • Panoramic

Home Design

  • Brick Exterior Construction
  • Shake Roof
  • Wood Roof
  • Stucco

Interior Spaces

  • 2,842 Sq Ft Home
  • Fireplace
  • Living Room
  • Dining Room
  • Ceramic Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom

Outdoor Features

  • Private Dock Site

Utilities

  • Central Heating
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 23
  • Assessor Parcel Number 04818131

Home Details

Home Type

Single Family

Year Built

Built in 1946

Lot Details

5,730 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula Point
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04818131
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2842.00
  • Interior Amenities: Ceramic Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Eating Area: Dining Room
  • Levels: Two
  • Price Per Square Foot: 1666.08
  • Room Type: Living Room, Main Floor Bedroom

Exterior Features

  • Patio: No
  • Exterior Features: Dock Private
  • View: Bay, Panoramic
  • Fence: No
  • Pool Private: No
  • Roof: Shake, Wood
  • Spa: No
  • Construction Materials: Brick, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: No
  • Laundry: No
  • Heating Type: Central
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease Purchase: No
  • Lot Size: 31 x187 x 29
  • Lot Size Sq Ft: 5730.00
  • Lot Size Acres: 0.1320

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5730.0000 Square Feet
  • Waterfront Features: Bay Front, Beach Front

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2021
Sold by
Stewart Robert B and Robert B Stewart Jr Trust
Bought by
Stewart Thomas C and Stewart Childrens Property Tru
Current Estimated Value
$7,084,020

Purchase Details

Closed on
Aug 24, 2016
Sold by
Stewart Margaret M
Bought by
Stewart Robert B and Robert Stewart Jr Irrevocable Trust

Purchase Details

Closed on
Feb 23, 2016
Sold by
Stewart Margaret M
Bought by
Stewart Margaret M

Purchase Details

Listed on
Jan 15, 2013
Closed on
Sep 9, 2013
Sold by
Stewart Robert B
Bought by
Stewart Robert B and Robert B Stewart Jr Separate Property Tr
Seller's Agent
Robert Koop
Tekoop Properties, Inc.
Buyer's Agent
Stephen Mitchell
Steve Mitchell Broker
List Price
$4,995,000
Sold Price
$4,735,000
Premium/Discount to List
-$260,000
-5.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.25%
Original Mortgage
$1,000,000
Outstanding Balance
$657,197
Interest Rate
1.7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$6,426,823

Purchase Details

Listed on
Jan 15, 2013
Closed on
Aug 3, 2013
Sold by
Lehr Henry Neill and Lehr Stephanie Ann
Bought by
Lehr Henry Neill and Lehr Stephanie Ann
Seller's Agent
Robert Koop
Tekoop Properties, Inc.
Buyer's Agent
Stephen Mitchell
Steve Mitchell Broker
List Price
$4,995,000
Sold Price
$4,735,000
Premium/Discount to List
-$260,000
-5.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$657,197
Interest Rate
1.7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$6,426,823

Purchase Details

Listed on
Jan 15, 2013
Closed on
Jul 26, 2013
Sold by
Lehr Henry Neill and Lehr Stephanie Ann
Bought by
Stewart Robet B and Robert B Stewart Jr Separate Property Tr
Seller's Agent
Robert Koop
Tekoop Properties, Inc.
Buyer's Agent
Stephen Mitchell
Steve Mitchell Broker
List Price
$4,995,000
Sold Price
$4,735,000
Premium/Discount to List
-$260,000
-5.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$657,197
Interest Rate
1.7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$6,426,823

Purchase Details

Closed on
Oct 15, 2009
Sold by
Lehr Jayne T
Bought by
Lehr Henry Neill and Lehr Stephanie Ann

Purchase Details

Closed on
Sep 13, 2006
Sold by
Lehr Jayne T
Bought by
Lehr Jayne T and Jayne T Lehr 2006 Qprt

Purchase Details

Closed on
Jan 2, 2003
Sold by
Lehr Jayne T
Bought by
Lehr Jayne T and 1994 H Neill & Jayne T Lehr Revocable Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stewart Thomas C -- None Available
Stewart Robert B -- None Available
Stewart Margaret M -- None Available
Stewart Robert B -- None Available
Lehr Henry Neill -- None Available
Stewart Robet B -- First American Title Company
Lehr Henry Neill -- None Available
Lehr Jayne T -- None Available
Lehr Jayne T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stewart Robet B $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2013 08/22/13 Sold $4,735,000 +26.3% $1,666 / Sq Ft
07/09/2013 07/09/13 Pending -- -- --
06/26/2013 06/26/13 Price Changed $3,750,000 -6.1% $1,319 / Sq Ft
03/07/2013 03/07/13 Price Changed $3,995,000 -20.0% $1,406 / Sq Ft
01/15/2013 01/15/13 For Sale $4,995,000 -- $1,758 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $49,509 $4,761,249 $3,735,348 $1,025,901
2024 $49,509 $4,667,892 $3,662,106 $1,005,786
2023 $48,354 $4,576,365 $3,590,300 $986,065
2022 $47,557 $4,486,633 $3,519,902 $966,731
2021 $46,644 $4,398,660 $3,450,884 $947,776
2020 $46,197 $4,353,558 $3,415,500 $938,058
2019 $45,233 $4,268,195 $3,348,530 $919,665
2018 $44,328 $4,184,505 $3,282,872 $901,633
2017 $37,022 $3,483,105 $3,218,502 $264,603
2016 $35,235 $3,324,065 $3,170,938 $153,127
2015 $34,906 $3,274,135 $3,123,308 $150,827
2014 $34,082 $3,210,000 $3,062,127 $147,873
Source: Public Records

Agents Affiliated with this Home

  • Robert Koop

    Seller's Agent in 2013

    Robert Koop

    Tekoop Properties, Inc.

    (949) 584-7667

    34 Total Sales

    Robert Koop
    Section Image

  • S

    Buyer's Agent in 2013

    Stephen Mitchell

    Steve Mitchell Broker

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12004863

California Regional Multiple Listing Service (CRMLS)

APN: 048-181-31

California Orange County Newport Beach 92661 Balboa Peninsula Point

1415 E Bay Ave, Newport Beach, CA

Not Listed for Sale

Detached

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