NOT LISTED FOR SALE

1588 E Ocean Blvd Newport Beach, CA 92661

Balboa Peninsula Point Neighborhood

Estimated Value: $2,850,000 - $5,984,000

3 Beds
4 Baths
2,718 Sq Ft
$1,840/Sq Ft Est. Value

About This Home

This home is located at 1588 E Ocean Blvd, Newport Beach, CA 92661 and is currently estimated at $4,999,786, approximately $1,839 per square foot. 1588 E Ocean Blvd 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

Closed on
Oct 31, 2014
Sold by
Stafford Richard T
Bought by
Stafford Richard Timberlake and Richard Timberlake Stafford Living Trust
Current Estimated Value
$4,999,786

Purchase Details

Closed on
Apr 6, 2009
Sold by
Stafford Richard Timberlake
Bought by
Stafford Richard T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
5.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 1996
Sold by
Andrea Stafford
Bought by
Stafford Richard Timberlake and Stafford Andrea L

Purchase Details

Closed on
Apr 8, 1994
Sold by
Krane Michael J and Krane Ellen Joy
Bought by
Stafford Richard Timberlake and Stafford Andrea L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,400
Interest Rate
7.62%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Stafford Richard Timberlake -- None Available
Stafford Richard T -- First American Title Company
Stafford Richard Timberlake -- --
Stafford Richard Timberlake $513,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Stafford Richard T $189,700
Closed Stafford Richard T $249,000
Closed Stafford Richard Timberlake $290,000
Closed Stafford Richard Timberlake $410,400
Source: Public Records

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 $10,566 $973,796 $645,963 $327,833
2023 $11,079 $954,702 $633,297 $321,405
2022 $11,026 $935,983 $620,880 $315,103
2021 $11,047 $917,631 $608,706 $308,925
2020 $10,952 $908,222 $602,464 $305,758
2019 $10,772 $890,414 $590,651 $299,763
2018 $10,715 $872,955 $579,069 $293,886
2017 $10,501 $855,839 $567,715 $288,124
2016 $10,357 $839,058 $556,583 $282,475
2015 $10,363 $826,455 $548,223 $278,232
2014 $10,142 $810,266 $537,484 $272,782
Source: Public Records

Map

California Orange County Newport Beach 92661 Balboa Peninsula Point

1588 E Ocean Blvd, Newport Beach, CA

This home is located at 1588 E Ocean Blvd, Newport Beach, CA 92661 and is currently estimated at $4,999,786, approximately $1,839 per square foot. 1588 E Ocean Blvd 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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