1508 Galaxy Dr Newport Beach, CA 92660
Dover Shores NeighborhoodEstimated Value: $6,100,000 - $6,888,000
5
Beds
3.5
Baths
4,000
Sq Ft
$1,611/Sq Ft
Est. Value
Highlights
- Property Fronts a Bay or Harbor
- In Ground Pool
- Primary Bedroom Suite
- Mariners Elementary School Rated A
- Back Bay Views
- 4-minute walk to Galaxy View Park
About This Home
As of May 2016Inspired by the residential architectural designs of Greene and Greene, this period perfect Craftsman home overlooks the coveted Newport Harbor Back Bay. “Spring has sprung!” on this very private lot nestled just a few homes east of Mariners on Galaxy Drive. The front exterior wall and entryway pilasters are built of clinker bricks and accented with cream-colored fieldstone. The entry pathway was created from turn-of-the-century cobblestones which were commissioned from a street in Chicago. As you pass through the plant-laden courtyard pool you are greeted with artful-glass lights and transoms crafted by famed Theodore Ellison. The living room fireplace was designed with a copper-and-tile surround drawing inspiration from the Greene and Greene Blacker House. Adjacent to the modern Craftsman kitchen, with teak cabinetry and mahogany trim, is the formal dining room, which is further illuminated by light passing through a large aquarium from the home’s sky-lit foyer. Offering five oversized bedrooms and four bathrooms, this approximate 4,000 square foot residence has a comfortable area for everyone. Welcome yourself home to 1508 Galaxy Drive, a light-filled abode in which the Craftsman tradition coexists with the popular contemporary California lifestyle.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $46,427
Year Built
- Built in 1970
Lot Details
- 9,100 Sq Ft Lot
- Property Fronts a Bay or Harbor
- Landscaped
- Private Yard
- Property is zoned R1
HOA Fees
- $77 Monthly HOA Fees
Parking
- 3 Car Garage
- Parking Available
Property Views
- Back Bay
- City Lights
- Bluff
Home Design
- Custom Home
- Craftsman Architecture
Interior Spaces
- 4,000 Sq Ft Home
- 1-Story Property
- Furnished
- Built-In Features
- Crown Molding
- Beamed Ceilings
- High Ceiling
- Stained Glass
- Double Door Entry
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room
Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Walk-In Pantry
- Built-In Range
- Microwave
- Freezer
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Jack-and-Jill Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- In Ground Pool
- In Ground Spa
Outdoor Features
- Patio
- Fire Pit
- Exterior Lighting
- Outdoor Grill
Utilities
- Central Heating and Cooling System
- Underground Utilities
Community Details
- Laundry Facilities
Listing and Financial Details
- Tax Lot 66
- Tax Tract Number 4224
- Assessor Parcel Number 11767102
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 3, 2022
Sold by
1508 Galaxy Llc
Bought by
2016 Gabriel Farao Trust
Total Days on Market
48
Current Estimated Value
Purchase Details
Closed on
Oct 27, 2016
Sold by
Salta Janet Lyn
Bought by
1508 Galaxy Llc
Purchase Details
Listed on
Feb 23, 2016
Closed on
Apr 14, 2016
Sold by
Clemence Nicolas and Clemence Ruth P
Bought by
Salta Janet Lyn and Salta Community Property Trust
Seller's Agent
Summer Perry
Compass
Buyer's Agent
Bob Coluccio
Surterre Properties Inc.
List Price
$3,995,000
Sold Price
$4,030,000
Premium/Discount to List
$35,000
0.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%
Purchase Details
Closed on
Apr 17, 2006
Sold by
Clemence Nicolas and Clemence Ruth
Bought by
Clemence Nicolas and Clemence Ruth P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.55%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Feb 9, 2001
Sold by
Albert Theodore C
Bought by
Clemence Nicolas and Clemence Ruth Margaret
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 2016 Gabriel Farao Trust | -- | None Listed On Document | |
| 1508 Galaxy Llc | -- | None Available | |
| Salta Janet Lyn | $3,845,000 | Ticor Title | |
| Clemence Nicolas | -- | None Available | |
| Clemence Nicolas | -- | None Available | |
| Clemence Nicolas | -- | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Clemence Nicolas | $750,000 | |
| Previous Owner | Clemence Nicolas | $600,000 | |
| Previous Owner | Clemence Nicholas | $500,000 | |
| Previous Owner | Clemence Nicolas | $600,000 | |
| Previous Owner | Clemence Nicholas | $850,000 | |
| Previous Owner | Clemence Nicolas | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/24/2016 05/24/16 | Sold | $4,030,000 | +0.9% | $1,008 / Sq Ft |
| 04/11/2016 04/11/16 | Pending | -- | -- | -- |
| 02/23/2016 02/23/16 | For Sale | $3,995,000 | -- | $999 / 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 | $46,427 | $4,374,952 | $3,631,646 | $743,306 |
| 2023 | $45,343 | $4,289,169 | $3,560,437 | $728,732 |
| 2022 | $44,596 | $4,205,068 | $3,490,624 | $714,444 |
| 2021 | $43,739 | $4,122,616 | $3,422,180 | $700,436 |
| 2020 | $43,320 | $4,080,344 | $3,387,090 | $693,254 |
| 2019 | $46,465 | $4,000,338 | $3,320,677 | $679,661 |
| 2018 | $41,569 | $3,921,900 | $3,255,565 | $666,335 |
| 2017 | $40,833 | $3,845,000 | $3,191,730 | $653,270 |
| 2016 | $15,199 | $1,415,021 | $889,079 | $525,942 |
| 2015 | $15,055 | $1,393,767 | $875,725 | $518,042 |
| 2014 | $14,701 | $1,366,466 | $858,571 | $507,895 |
Source: Public Records
Agents Affiliated with this Home
-
Summer Perry
Seller's Agent in 2016
Summer Perry
Compass
(949) 375-9074
131 Total Sales
-
Bob Coluccio
Buyer's Agent in 2016
Bob Coluccio
Surterre Properties Inc.
(949) 510-2594
14 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP16065568
APN: 117-671-02
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