NOT LISTED FOR SALE

1570 E Oceanfront Newport Beach, CA 92661

Balboa Peninsula Point Neighborhood

Estimated Value: $4,806,000 - $14,139,131

3 Beds
3 Baths
2,349 Sq Ft
$3,960/Sq Ft Est. Value

Last Sold May 12, 2014

Last sale price $4,500,000 $1,916 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $54,912/month

Highlights

  • Ocean View
  • Private Yard
  • Tile Patio or Porch
  • Newport Elementary School Rated A
  • No HOA
  • Laundry Room

About This Home

As of July 2014

OCEANFRONT No Boardwalk. Here is a home that is right on the beach. Come stay from 9- to 12 months. Unfurnished. 3 bedrooms with 3 baths. Large family room upstairs that overlooks the beach. 2 of the bedrooms have Ocean views. Parking for 5-6 cars. Older home but very livable.
Tenant must have good credit and no pets.(sorry). Move in today and enjoy all of what Newport Beach has to offer. Close to the World famous Wedge.

Last Agent to Rent the Property

Jim Heydorff

Jim Heydorff License #01127234 Listed on: 06/01/2014

Last Renter's Agent

Kathleen Pierce

HomeSmart, Evergreen Realty License #01322033

HomeSmart, Evergreen Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $69,420

Year Built

  • Built in 1948

Lot Details

  • 3,049 Sq Ft Lot
  • Private Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 2,349 Sq Ft Home
  • Living Room with Fireplace
  • Carpet
  • Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Tile Patio or Porch

Utilities

  • Central Heating
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $8,000
  • 12-Month Minimum Lease Term
  • Tax Lot 18
  • Tax Tract Number 518
  • Assessor Parcel Number 04820222

Home Details

Home Type

Single Family

Est. Annual Taxes

$69,420

Year Built

Built in 1948

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 8000
  • Furnished: Unfurnished

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 04820222
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2349.00
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 2.66
  • Room Type: All Bedrooms Up

Exterior Features

  • Patio: Yes
  • View: Ocean
  • Patio And Porch Features: Tile
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 3049.00
  • Lot Size Acres: 0.0700

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 3049.0000 Square Feet

Tax Info

  • Tax Lot: 18
  • Tax Tract Number: 518

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2014
Sold by
Kennington Janet Gold and Gold Larry Locker
Bought by
Parikh Abhay and Itchhaporia Dipti
Current Estimated Value
$9,302,783

Purchase Details

Closed on
Oct 5, 2010
Sold by
Gold Helen F and Kennington Janet Gold
Bought by
Gold Helen F and Kennington Janet Gold
Source: Public Records

Range of Values:

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Average Value
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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
Parikh Abhay $4,500,000 Lawyers Title Company
Gold Helen F -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2014 07/08/14 Rented $6,250 -10.7% --
06/08/2014 06/08/14 Under Contract -- -- --
06/01/2014 06/01/14 For Rent $7,000 0.0% --
05/12/2014 05/12/14 Sold $4,500,000 -5.3% $1,916 / Sq Ft
02/10/2014 02/10/14 Pending -- -- --
02/03/2014 02/03/14 Price Changed $4,750,000 -5.0% $2,022 / Sq Ft
01/06/2014 01/06/14 Price Changed $4,999,000 -4.7% $2,128 / Sq Ft
05/01/2013 05/01/13 For Sale $5,245,000 -- $2,233 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $69,420 $6,691,320 $5,381,338 $1,309,982
2024 $69,420 $6,560,118 $5,275,821 $1,284,297
2023 $67,801 $6,431,489 $5,172,374 $1,259,115
2022 $66,686 $6,305,382 $5,070,955 $1,234,427
2021 $65,404 $6,181,748 $4,971,525 $1,210,223
2020 $64,777 $6,118,362 $4,920,548 $1,197,814
2019 $61,151 $5,782,315 $4,824,067 $958,248
2018 $54,207 $5,124,610 $4,729,478 $395,132
2017 $50,635 $4,753,104 $4,636,744 $116,360
2016 $49,571 $4,659,906 $4,545,827 $114,079
2015 $49,132 $4,589,910 $4,477,544 $112,366
2014 $2,400 $4,620,884 $4,515,016 $105,868
Source: Public Records

Agents Affiliated with this Home

  • Jim Heydorff

    Landlord's Agent in 2014

    Jim Heydorff

    Jim Heydorff

    (949) 290-5464

    1 Total Sale

    Jim Heydorff
    Section Image

  • J

    Seller's Agent in 2014

    Jeffrey Sangster

    Jeffrey Sangster, Broker

  • Kathleen Pierce

    Tenant's Agent in 2014

    Kathleen Pierce

    HomeSmart, Evergreen Realty

    (626) 215-7757

    17 Total Sales

    Kathleen Pierce
    Section Image
  • Debbie Johnson

    Buyer's Agent in 2014

    Debbie Johnson

    Pacific Sotheby's Int'l Realty

    (949) 698-1972

    10 Total Sales

    Debbie Johnson
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP14114179

California Regional Multiple Listing Service (CRMLS)

APN: 048-202-22

California Orange County Newport Beach 92661 Balboa Peninsula Point

1570 E Oceanfront, Newport Beach, CA

This home is located at 1570 E Oceanfront, Newport Beach, CA 92661 since 01 June 2014 and is currently priced at $9,302,783. This property was built in 1948. 1570 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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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