147 Harbor Island Rd Newport Beach, CA 92660
Bayside Neighborhood
4
Beds
5.5
Baths
5,284
Sq Ft
8,540
Sq Ft Lot
Highlights
- Private Dock Site
- Boat Slip
- Spa
- Abraham Lincoln Elementary School Rated A
- Wine Cellar
- Bay View
About This Home
As of October 2022This contemporary waterfront residence on Harbor Island Road overlooks the channel between Harbor Island and Linda Isle, and features beautiful sunset and main turning basin views. With an extraordinary 70' feet of frontage, parcels of this size are a rarity on Newport Harbor. Over 5,280 square feet of perfectly detailed interior space is comfortably arranged for indoor/outdoor living. The living room, dining room, and kitchen are central to the plan and function as one, large informal space. An expansive waterside terrace adjoins the great room and provides a relaxing outdoor venue for sunny afternoons and evening dinner parties. The courtyard is anchored by an oversized plunge spa with a dramatic wall-sized water feature. Private and sun-filled, this outdoor room complements the main living areas. The kitchen features the finest in appointments and is designed around an oversized island. With the courtyard on one side, and the bay views on the other, it is central to life in the home. The living room features over-height ceilings, a focal wall with a fireplace, and opens through mahogany framed doors to the terrace. The main level master suite (a rarity among bay front properties) is generously proportioned and opens to the bayside terrace. Upstairs, two more of the home's four bedroom suites are located on either side of a large multi-use room. Currently configured as a gym and exercise suite, this room can easily be used as a family room or for other specific uses.
Last Agent to Sell the Property
Plus Real Estate License #01082750 Listed on: 07/16/2018
Last Buyer's Agent
LAURA PENG
IRN REALTY License #01928774
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $133,477
Year Built
- Built in 2009
Parking
- 3 Car Attached Garage
Interior Spaces
- 5,284 Sq Ft Home
- 1-Story Property
- Wine Cellar
- Living Room with Fireplace
- Bay Views
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
Outdoor Features
- Spa
- Boat Slip
- Private Dock Site
- Patio
- Terrace
Additional Features
- 8,540 Sq Ft Lot
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Laundry Facilities
Listing and Financial Details
- Tax Lot 16
- Tax Tract Number 3283
- Assessor Parcel Number 05047117
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 20, 2020
Sold by
Yuan Fu Family Revocable Living Trust
Bought by
Davis Family Trust
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,400,000
Interest Rate
5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 16, 2018
Closed on
Nov 20, 2018
Sold by
Grosch Gregory and Grosch Kimberly K
Bought by
Yuan Zhenxing
Seller's Agent
Robert Giem
Plus Real Estate
Buyer's Agent
LAURA PENG
IRN REALTY
List Price
$10,200,000
Sold Price
$9,410,000
Premium/Discount to List
-$790,000
-7.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.00%
Original Mortgage
$4,395,000
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 3, 2004
Sold by
Jenkins Page and Thompson Jane A
Bought by
Grosch Gregory and Grosch Kimberly K
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
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 31, 1994
Sold by
Arensberg Frank L
Bought by
Arensberg Ii Frank L
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
Interest Rate
6.87%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $12,400,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $9,410,000 | Lawyers Title | |
| Grant Deed | -- | California Title Company | |
| Individual Deed | -- | Stewart Title | |
| Individual Deed | -- | North American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $4,400,000 | New Conventional | |
| Previous Owner | $3,000,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $4,395,000 | Purchase Money Mortgage | |
| Previous Owner | $1,000,000 | Unknown | |
| Previous Owner | $1,000,000 | Purchase Money Mortgage | |
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $1,000,000 | No Value Available | |
| Closed | $1,821,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/28/2022 10/28/22 | Sold | $12,400,000 | -8.8% | $2,347 / Sq Ft |
| 09/23/2022 09/23/22 | Pending | -- | -- | -- |
| 09/02/2022 09/02/22 | For Sale | $13,599,000 | +44.5% | $2,574 / Sq Ft |
| 11/26/2018 11/26/18 | Sold | $9,410,000 | -7.7% | $1,781 / Sq Ft |
| 07/16/2018 07/16/18 | For Sale | $10,200,000 | -- | $1,930 / 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 | $133,477 | $12,648,000 | $11,116,310 | $1,531,690 |
| 2023 | $130,369 | $12,400,000 | $10,898,343 | $1,501,657 |
| 2022 | $104,405 | $9,891,589 | $8,461,987 | $1,429,602 |
| 2021 | $102,396 | $9,697,637 | $8,296,066 | $1,401,571 |
| 2020 | $101,415 | $9,598,200 | $8,211,000 | $1,387,200 |
| 2019 | $99,289 | $9,410,000 | $8,050,000 | $1,360,000 |
| 2018 | $69,857 | $6,620,809 | $5,261,937 | $1,358,872 |
| 2017 | $68,617 | $6,490,990 | $5,158,762 | $1,332,228 |
| 2016 | $67,065 | $6,363,716 | $5,057,610 | $1,306,106 |
| 2015 | $66,438 | $6,268,128 | $4,981,640 | $1,286,488 |
| 2014 | $64,869 | $6,145,345 | $4,884,057 | $1,261,288 |
Source: Public Records
Agents Affiliated with this Home
-
James Drake
J
Seller's Agent in 2022
James Drake
Central Development Group LTD.
(626) 203-2877
1 in this area
11 Total Sales
-
Keven Stirdivant
Buyer's Agent in 2022
Keven Stirdivant
Kase Real Estate
(949) 355-5947
1 in this area
338 Total Sales
-
Kyle Wade
Buyer Co-Listing Agent in 2022
Kyle Wade
Luxe Real Estate
(949) 329-8403
1 in this area
15 Total Sales
-
Robert Giem
R
Seller's Agent in 2018
Robert Giem
Plus Real Estate
(949) 933-7046
3 in this area
57 Total Sales
-
L
Buyer's Agent in 2018
LAURA PENG
IRN REALTY
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP18171362
APN: 050-471-17
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