NOT LISTED FOR SALE

1520 E Oceanfront Newport Beach, CA 92661

Balboa Peninsula Point Neighborhood

Estimated Value: $4,821,000 - $9,691,642

3 Beds
3 Baths
2,500 Sq Ft
$3,070/Sq Ft Est. Value

About This Home

This home is located at 1520 E Oceanfront, Newport Beach, CA 92661 and is currently estimated at $7,675,161, approximately $3,070 per square foot. 1520 E Oceanfront is a home located in Orange County with nearby schools including Newport Elementary School, Horace Ensign Intermediate School, and Newport Harbor High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2018
Closed on
Sep 6, 2018
Sold by
Pedicini Mary Sue
Bought by
T & G Trust
Seller's Agent
John Pedicini
J and P Development
Buyer's Agent
Susan Kay
Beach Cities Real Estate
Sold Price
$6,200
Current Estimated Value
$7,675,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,668,961

Purchase Details

Closed on
Mar 8, 2018
Sold by
Davis Michael Dale and Gorgia Wendy
Bought by
Pedcini John and Pedcini Mary Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,725,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 4, 2013
Sold by
Davis Adabelle
Bought by
Davis Adabelle

Purchase Details

Closed on
Jul 19, 1999
Sold by
Bradley Davis and Bradley Adabelle
Bought by
Davis Bradley and Davis Adabelle

Purchase Details

Closed on
Feb 29, 1996
Sold by
Bradley Davis and Bradley Adabelle Davis
Bought by
Davis Bradley and Davis Adabelle
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
T & G Trust $1,100,000 None Available
Pedcini John $6,300,000 Netco Title Co
Davis Adabelle -- None Available
Davis Bradley -- --
Davis Bradley -- Benefit Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pedcini John $4,725,000
Previous Owner Davis Bradley $215,000
Previous Owner Davis Bradley $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2018 09/06/18 Off Market $6,200 -- --
09/03/2018 09/03/18 Rented $6,200 0.0% --
08/29/2018 08/29/18 Price Changed $6,200 -1.6% $2 / Sq Ft
08/21/2018 08/21/18 Price Changed $6,300 -3.1% $3 / Sq Ft
07/30/2018 07/30/18 For Rent $6,500 -- --

Tax History Compared to Growth

Source: Public Records

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 $81,556 $7,713,571 $6,909,036 $804,535
2023 $79,656 $7,562,325 $6,773,565 $788,760
2022 $78,347 $7,414,045 $6,640,750 $773,295
2021 $75,854 $7,174,933 $6,510,539 $664,394
2020 $68,204 $6,443,782 $6,443,782 $0
2019 $67,587 $6,394,500 $6,317,434 $77,066
2018 $13,718 $1,278,524 $1,205,836 $72,688
2017 $13,716 $1,253,455 $1,182,192 $71,263
2016 $13,487 $1,228,878 $1,159,012 $69,866
2015 $13,382 $1,210,420 $1,141,603 $68,817
2014 $12,993 $1,186,710 $1,119,241 $67,469
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    John Pedicini

    J and P Development

  • Susan Kay

    Buyer's Agent in 2018

    Susan Kay

    Beach Cities Real Estate

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Map

California Orange County Newport Beach 92661 Balboa Peninsula Point

1520 E Oceanfront, Newport Beach, CA

This home is located at 1520 E Oceanfront, Newport Beach, CA 92661 and is currently estimated at $7,675,161, approximately $3,070 per square foot. 1520 E Oceanfront is a home located in Orange County with nearby schools including Newport Elementary School, Horace Ensign Intermediate School, and Newport Harbor High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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