1500 E Oceanfront Newport Beach, CA 92661
Balboa Peninsula Point NeighborhoodEstimated Value: $5,026,000 - $9,828,855
5
Beds
5
Baths
--
Sq Ft
4,704
Sq Ft Lot
Highlights
- Beach Front
- Ocean View
- Open Floorplan
- Newport Elementary School Rated A
- Property has ocean access
- Cape Cod Architecture
About This Home
As of February 2012Positioned on an oversized corner lot on Peninsula Point, this elegantly re-imagined ocean front home features spectacular panoramic sunset and Catalina views. At approximately five thousand square feet, the Hamptons inspired home is comprised of three beds, three baths and an expansive master suite with Waterworks-style bath, free-standing soaking tub and his-and-hers walk in closets. Interior designs by Scott Van Dyke. Additional features include a formal dining room, well-appointed chef s kitchen with breakfast nook, video-monitor security system, outdoor fireplace and stacked-stone barbecue, oversized garage with hydraulic compatibility, as well as a detached guest quarters with its own private deck.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $105,061
Year Built
- Built in 1924 | Remodeled
Lot Details
- 4,704 Sq Ft Lot
- Beach Front
- Property fronts an alley
- Partially Fenced Property
- Stucco Fence
- Corner Lot
- Paved or Partially Paved Lot
- Level Lot
- Irregular Lot
- Sprinklers Throughout Yard
Parking
- 3 Car Garage
- Parking Storage or Cabinetry
- Parking Available
- Workshop in Garage
- Two Garage Doors
- Garage Door Opener
- On-Street Parking
Property Views
- Ocean
- Coastline
- Catalina
Home Design
- Cape Cod Architecture
- Traditional Architecture
- Turnkey
- Raised Foundation
- Slate Roof
- Partial Copper Plumbing
- Stucco
Interior Spaces
- Open Floorplan
- Wired For Sound
- Built-In Features
- Crown Molding
- Fireplace
- Double Pane Windows
- Custom Window Coverings
- Blinds
- Bay Window
- Sliding Doors
- Formal Entry
- Great Room
- Family Room
- Living Room
- Dining Room
- Den
- Bonus Room
- Workshop
- Storage
- Closed Circuit Camera
- Attic
Kitchen
- Breakfast Area or Nook
- Double Oven
- Gas Oven or Range
- Cooktop with Range Hood
- Warming Drawer
- Microwave
- Water Line To Refrigerator
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Stone
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Retreat
- Main Floor Bedroom
- Walk-In Closet
- Maid or Guest Quarters
Laundry
- Laundry Room
- Laundry on upper level
- Stacked Washer and Dryer
- 220 Volts In Laundry
Outdoor Features
- Property has ocean access
- Deck
- Outdoor Grill
- Rain Gutters
- Slab Porch or Patio
Additional Homes
- Two Homes on a Lot
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Wall Furnace
- Underground Utilities
- Sewer Paid
Community Details
- Custom
- Community Barbecue Grill
Listing and Financial Details
- Legal Lot and Block 0.11 / B
- Tax Tract Number 518
- Assessor Parcel Number 04820237
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 8, 2011
Closed on
Feb 3, 2012
Sold by
Werner Patrick Stephen and Werner Mary Elizabeth
Bought by
1500 E Oceanfront Llc
Seller's Agent
Katie Dickerson
Compass
Buyer's Agent
Natalie Vizir
Natalie Vizir, Broker
List Price
$7,995,000
Sold Price
$8,000,000
Premium/Discount to List
$5,000
0.06%
Total Days on Market
80
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
-$496,048
Avg. Annual Appreciation
-0.48%
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 |
|---|---|---|---|
| 1500 E Oceanfront Llc | $8,000,000 | Lawyers Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Werner Patrick Stephen | $700,000 | |
| Previous Owner | Werner Patrick Stephen | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/09/2012 02/09/12 | Sold | $8,000,000 | +0.1% | -- |
| 02/03/2012 02/03/12 | For Sale | $7,995,000 | 0.0% | -- |
| 01/27/2012 01/27/12 | Pending | -- | -- | -- |
| 11/08/2011 11/08/11 | For Sale | $7,995,000 | -- | -- |
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 | $105,061 | $9,947,460 | $9,130,306 | $817,154 |
| 2023 | $102,615 | $9,752,412 | $8,951,280 | $801,132 |
| 2022 | $100,930 | $9,561,189 | $8,775,765 | $785,424 |
| 2021 | $98,988 | $9,373,715 | $8,603,691 | $770,024 |
| 2020 | $98,039 | $9,277,600 | $8,515,471 | $762,129 |
| 2019 | $95,985 | $9,095,687 | $8,348,501 | $747,186 |
| 2018 | $94,063 | $8,917,341 | $8,184,805 | $732,536 |
| 2017 | $92,395 | $8,742,492 | $8,024,319 | $718,173 |
| 2016 | $90,306 | $8,571,071 | $7,866,979 | $704,092 |
| 2015 | $89,465 | $8,442,326 | $7,748,810 | $693,516 |
| 2014 | $87,353 | $8,276,953 | $7,597,022 | $679,931 |
Source: Public Records
Agents Affiliated with this Home
-
Katie Dickerson
Seller's Agent in 2012
Katie Dickerson
Compass
(949) 554-1200
13 Total Sales
-
Alison Eastman
Seller Co-Listing Agent in 2012
Alison Eastman
Compass
(949) 466-5408
11 Total Sales
-
Natalie Vizir
Buyer's Agent in 2012
Natalie Vizir
Natalie Vizir, Broker
(949) 300-5074
1 Total Sale
-
Steven Mino
Buyer Co-Listing Agent in 2012
Steven Mino
Coldwell Banker Realty
(949) 300-7412
93 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: U11004715
APN: 048-202-37
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