Seller's Agent in 2020
Kim Bibb
Pacific Sotheby's Int'l Realty
(714) 396-0185
52 in this area
123 Total Sales
1556 E Oceanfront Newport Beach, CA 92661
Balboa Peninsula Point NeighborhoodEstimated Value: $7,865,000 - $13,340,323
4
Beds
4.5
Baths
4,149
Sq Ft
$2,555/Sq Ft
Est. Value
Highlights
- Ocean Front
- Primary Bedroom Suite
- No HOA
- Newport Elementary School Rated A
- Fireplace in Primary Bedroom
- 2 Car Attached Garage
About This Home
As of June 2020Sitting on a prime non boardwalk location 1556 Oceanfront offers the ultimate beachfront living experience. A gorgeous traditional design is felt throughout, with views from almost every window. This stunning home encompasses 4 bedrooms and 5.5 bathrooms. On the main level of the home you can enjoy an open great room - dining/kitchen/living room - facing the ocean and capturing breathtaking views. Open the doors and enjoy a large front enclosed patio. There are three beautifully appointed guest bedrooms upstairs, separate from the large-scale master suite, which offers a fireplace, stunning rounded ocean view windows, an office, a spa-sized bath, oversized steam shower, and a beautiful walk in closet complete with built-ins. Notable features include a third, subterranean-level, that provides an entertainment area complete with a wine cellar and a state of the art movie theatre with nine guest seats, making this oceanfront one of a kind. In addition to a large rooftop deck there are two incredible patios, one off the living-great room, and the second located off the master bedroom, providing multiple locations to enjoy the crisp ocean air, take in the Catalina sunsets, flickering city lights, or watch the boats pass by as they navigate in and out of the Newport Harbor. Certainly, no detail was overlooked. This home offers the ultimate lifestyle of Newport Peninsula’s Oceanfront living.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $103,340
Year Built
- Built in 2008
Lot Details
- 3,280 Sq Ft Lot
- Ocean Front
- Density is up to 1 Unit/Acre
Parking
- 2 Car Attached Garage
Property Views
- White Water Ocean
- Catalina
- Panoramic
- City Lights
Interior Spaces
- 4,149 Sq Ft Home
- 3-Story Property
- Wet Bar
- Built-In Features
- Living Room with Fireplace
- Dining Room
- Laundry Room
Kitchen
- Breakfast Bar
- Six Burner Stove
- Gas Range
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- All Upper Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Makeup or Vanity Space
- Soaking Tub
- Walk-in Shower
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 1
- Assessor Parcel Number 04820225
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 14, 2020
Closed on
May 8, 2020
Sold by
Haupert Larry R and Haupert Kristine E
Bought by
Mills Richard Jason and Mills Demi L
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
List Price
$9,950,000
Sold Price
$9,125,000
Premium/Discount to List
-$825,000
-8.29%
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
$1,477,662
Avg. Annual Appreciation
1.98%
Purchase Details
Closed on
Jun 16, 2005
Sold by
Pendell Carol Embree
Bought by
Haupert Larry R and Haupert Kristine E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Mills Richard Jason | $9,125,000 | Fidelity National Title | |
| Haupert Larry R | $4,100,000 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Haupert Larry R | $2,500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2020 06/01/20 | Sold | $9,125,000 | -8.3% | $2,199 / Sq Ft |
| 05/04/2020 05/04/20 | For Sale | $9,950,000 | +9.0% | $2,398 / Sq Ft |
| 03/27/2020 03/27/20 | Off Market | $9,125,000 | -- | -- |
| 01/14/2020 01/14/20 | For Sale | $9,950,000 | -- | $2,398 / 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 |
|---|---|---|---|---|
| 2025 | $103,340 | $9,979,519 | $8,803,123 | $1,176,396 |
| 2024 | $103,340 | $9,783,843 | $8,630,513 | $1,153,330 |
| 2023 | $100,933 | $9,592,003 | $8,461,287 | $1,130,716 |
| 2022 | $99,276 | $9,403,925 | $8,295,379 | $1,108,546 |
| 2021 | $97,366 | $9,219,535 | $8,132,725 | $1,086,810 |
| 2020 | $68,031 | $6,427,402 | $5,225,704 | $1,201,698 |
| 2019 | $66,608 | $6,301,375 | $5,123,239 | $1,178,136 |
| 2018 | $65,275 | $6,177,819 | $5,022,783 | $1,155,036 |
| 2017 | $64,359 | $6,056,686 | $4,924,297 | $1,132,389 |
| 2016 | $62,985 | $5,937,928 | $4,827,742 | $1,110,186 |
| 2015 | $62,421 | $5,848,735 | $4,755,225 | $1,093,510 |
| 2014 | $60,875 | $5,734,167 | $4,662,077 | $1,072,090 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Bibb
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP20009116
APN: 048-202-25
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