NOT LISTED FOR SALE

1711 E Bay Ave Newport Beach, CA 92661

Balboa Peninsula Point Neighborhood

Estimated Value: $7,781,000 - $7,969,460

4 Beds
5 Baths
3,471 Sq Ft
$2,272/Sq Ft Est. Value

About This Home

This home is located at 1711 E Bay Ave, Newport Beach, CA 92661 and is currently estimated at $7,885,820, approximately $2,271 per square foot. 1711 E Bay Ave 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
Mar 30, 2014
Sold by
Rhodes Investments Iv Limited Partnershi
Bought by
Rhodes Investments Vii Limited Partnersh
Current Estimated Value
$7,885,820

Purchase Details

Closed on
Mar 10, 2009
Sold by
Rhodes Investments Vii Limited Partnersh
Bought by
Rhodes Investments Iv Limited Partnershi

Purchase Details

Closed on
Jun 10, 2008
Sold by
Rhodes Investments Iv Lp Lllp
Bought by
Rhodes Investments Vii Lp Lllp

Purchase Details

Closed on
Feb 28, 2007
Sold by
Cross Communities Inc
Bought by
Rhodes Investments Iv

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2006
Sold by
Hanson Robert Mcdonald
Bought by
Hanson Susan Somers

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,451,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2006
Sold by
Somers R James and Somers Lawrence O
Bought by
Brigandi Christopher M and Brigandi Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,451,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2006
Sold by
Brigandi Christopher M and Brigandi Christina
Bought by
Cross Communities Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,451,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2005
Sold by
Somers Properties Llc
Bought by
Somers R James and Somers Lawrence O

Purchase Details

Closed on
Jan 1, 2000
Sold by
James Somers Roy and James Orin Lawrence
Bought by
Somers Properties Llc

Purchase Details

Closed on
Feb 23, 1993
Sold by
Somers Maureen Hanrahan
Bought by
Somers Ii Roy James
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Rhodes Investments Vii Limited Partnersh -- None Available
Rhodes Investments Iv Limited Partnershi -- None Available
Rhodes Investments Vii Lp Lllp -- None Available
Rhodes Investments Iv $8,250,000 Stewart Title Irvine
Hanson Susan Somers -- Fidelity National Title
Somers R James -- Fidelity National Title
Brigandi Christopher M $9,900,000 Fidelity National Title Co
Cross Communities Inc $5,500,000 Fidelity National Title Co
Somers R James -- --
Somers Properties Llc -- --
Somers Ii Roy James -- First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rhodes Investments Iv $5,000,000
Previous Owner Cross Communities Inc $4,451,000
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
2025 $76,268 $7,355,177 $6,403,523 $951,654
2024 $76,268 $7,210,958 $6,277,963 $932,995
2023 $74,490 $7,069,567 $6,154,866 $914,701
2022 $73,266 $6,930,949 $6,034,183 $896,766
2021 $71,857 $6,795,049 $5,915,866 $879,183
2020 $71,168 $6,725,375 $5,855,206 $870,169
2019 $69,679 $6,593,505 $5,740,398 $853,107
2018 $68,285 $6,464,221 $5,627,841 $836,380
2017 $67,074 $6,337,472 $5,517,491 $819,981
2016 $65,559 $6,213,208 $5,409,305 $803,903
2015 $64,947 $6,119,880 $5,328,052 $791,828
2014 $84,077 $7,965,360 $7,141,063 $824,297
Source: Public Records

Map

California Orange County Newport Beach 92661 Balboa Peninsula Point

1711 E Bay Ave, Newport Beach, CA

Not Listed for Sale

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