1572 E Oceanfront Newport Beach, CA 92661
Balboa Peninsula Point NeighborhoodEstimated Value: $5,985,000 - $13,912,311
4
Beds
5.5
Baths
3,761
Sq Ft
$2,645/Sq Ft
Est. Value
Highlights
- Beach Front
- Ocean View
- New Construction
- Newport Elementary School Rated A
- Property has ocean access
- Rooftop Deck
About This Home
As of December 2023Architect: William Guidero Planning and Design. Builder: JB Collins Inc. Interior Designer: Prairie Interiors. New construction. Entered for comp purposes only.
Last Agent to Sell the Property
Russell E. Fluter License #00599306 Listed on: 12/18/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $162,765
Year Built
- Built in 2023 | New Construction
Lot Details
- 3,200 Sq Ft Lot
- Beach Front
- Property fronts an alley
- Density is up to 1 Unit/Acre
Parking
- 3 Car Direct Access Garage
- Parking Available
- Two Garage Doors
Interior Spaces
- 3,761 Sq Ft Home
- 3-Story Property
- Elevator
- Family Room Off Kitchen
- Living Room with Fireplace
- Ocean Views
- Laundry Room
Kitchen
- Open to Family Room
- Walk-In Pantry
- Kitchen Island
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
Outdoor Features
- Property has ocean access
- Rooftop Deck
- Open Patio
Utilities
- Central Air
Community Details
- No Home Owners Association
- Balboa Peninsula Point Subdivision
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 1
- Assessor Parcel Number 04820221
- $1 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 23, 2023
Sold by
1572 E Oceanfront Llc and Waterfront 777 Llc
Bought by
Moondoggies Beach Bungalow Llc
Total Days on Market
0
Current Estimated Value
Purchase Details
Closed on
Jul 6, 2021
Sold by
1572 E Oceanfront Llc
Bought by
Watefront 777 Llc
Purchase Details
Listed on
Jan 5, 2021
Closed on
Feb 26, 2021
Sold by
Morgan Thomas H
Bought by
1572 E Oceanfront Llc
Seller's Agent
Russ Fluter
Russell E. Fluter
Buyer's Agent
Russ Fluter
Russell E. Fluter
Sold Price
$10,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%
Original Mortgage
$6,400,000
Interest Rate
2.73%
Mortgage Type
Construction
Purchase Details
Listed on
Oct 11, 2020
Closed on
Dec 15, 2020
Sold by
Kpmw Integral Llc
Bought by
Morgan Thomas H
Seller's Agent
Michael Carpenter
Compass
Buyer's Agent
Russ Fluter
Russell E. Fluter
List Price
$7,095,000
Sold Price
$6,750,000
Premium/Discount to List
-$345,000
-4.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,760,078
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 10, 2015
Sold by
Bohemian Jazz Exchange
Bought by
Kpmw Integral Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,240,000
Interest Rate
3.61%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 14, 2014
Closed on
Jul 15, 2014
Sold by
Brooks Andrew and Brooks Kelly
Bought by
Bohemian Jazz Exchange
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Jeff Ewing
Coldwell Banker Realty
List Price
$5,595,000
Sold Price
$5,300,000
Premium/Discount to List
-$295,000
-5.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%
Purchase Details
Closed on
Feb 8, 2004
Sold by
Brooks Andrew A and Brooks Kelly L
Bought by
Brooks Andrew and Brooks Kelly
Purchase Details
Closed on
Jun 27, 2003
Sold by
Marconi Richard Dale
Bought by
Brooks Andrew A and Brooks Kelly L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 31, 1995
Sold by
Marconi Richard D
Bought by
Marconi Richard Dale
Similar Homes in the area
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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 |
|---|---|---|---|
| Moondoggies Beach Bungalow Llc | $15,432,500 | Ticor Title Company | |
| Watefront 777 Llc | -- | Ticor Title | |
| 1572 E Oceanfront Llc | -- | None Available | |
| Morgan Thomas H | $6,750,000 | Chicago Title Co Com Div | |
| Kpmw Integral Llc | -- | Chicago Title Company | |
| Bohemian Jazz Exchange | $5,300,000 | None Available | |
| Brooks Andrew | -- | -- | |
| Brooks Andrew A | $3,200,000 | Equity Title Company | |
| Marconi Richard Dale | -- | Equity Title Company | |
| Marconi Richard Dale | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 1572 E Oceanfront Llc | $6,400,000 | |
| Previous Owner | Morgan Thomas H | $1,760,078 | |
| Previous Owner | Kpmw Integral Llc | $4,240,000 | |
| Previous Owner | Kpmw Integral Llc | $4,240,000 | |
| Previous Owner | Kpmw Integral Llc | $4,240,000 | |
| Previous Owner | Brooks Andrew | $2,000,000 | |
| Previous Owner | Brooks Andrew A | $2,400,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/18/2023 12/18/23 | Sold | $15,431,467 | -2.9% | $4,103 / Sq Ft |
| 12/18/2023 12/18/23 | Pending | -- | -- | -- |
| 12/18/2023 12/18/23 | For Sale | $15,900,000 | 0.0% | $4,228 / Sq Ft |
| 03/19/2021 03/19/21 | Rented | $10,000 | -16.7% | -- |
| 01/05/2021 01/05/21 | For Rent | $12,000 | 0.0% | -- |
| 12/28/2020 12/28/20 | Sold | $6,750,000 | -4.9% | $2,807 / Sq Ft |
| 10/11/2020 10/11/20 | For Sale | $7,095,000 | +33.9% | $2,950 / Sq Ft |
| 07/28/2014 07/28/14 | Sold | $5,300,000 | -5.3% | $1,656 / Sq Ft |
| 07/09/2014 07/09/14 | Pending | -- | -- | -- |
| 04/14/2014 04/14/14 | For Sale | $5,595,000 | +5.6% | $1,748 / Sq Ft |
| 02/03/2014 02/03/14 | Off Market | $5,300,000 | -- | -- |
| 11/11/2013 11/11/13 | For Sale | $5,595,000 | -- | $1,748 / 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 | $162,765 | $15,431,467 | $14,096,453 | $1,335,014 |
| 2023 | $78,458 | $7,448,035 | $6,819,853 | $628,182 |
| 2022 | $71,836 | $6,795,000 | $6,686,131 | $108,869 |
| 2021 | $71,383 | $6,750,000 | $6,641,462 | $108,538 |
| 2020 | $61,682 | $5,824,376 | $5,709,574 | $114,802 |
| 2019 | $60,392 | $5,710,173 | $5,597,622 | $112,551 |
| 2018 | $59,184 | $5,598,209 | $5,487,864 | $110,345 |
| 2017 | $58,135 | $5,488,441 | $5,380,259 | $108,182 |
| 2016 | $56,822 | $5,380,825 | $5,274,764 | $106,061 |
| 2015 | $56,292 | $5,300,000 | $5,195,532 | $104,468 |
| 2014 | $40,083 | $3,780,755 | $3,674,109 | $106,646 |
Source: Public Records
Agents Affiliated with this Home
-
Russ Fluter
R
Seller's Agent in 2023
Russ Fluter
Russell E. Fluter
(949) 630-8858
2 in this area
5 Total Sales
-
Kim Bibb
Buyer's Agent in 2023
Kim Bibb
Pacific Sotheby's Int'l Realty
(714) 396-0185
54 in this area
125 Total Sales
-
Michael Carpenter
Seller's Agent in 2020
Michael Carpenter
Compass
(949) 922-1092
1 in this area
17 Total Sales
-
Jeff Ewing
Buyer's Agent in 2014
Jeff Ewing
Coldwell Banker Realty
(949) 644-1600
15 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP23224904
APN: 048-202-21
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