2008 E Oceanfront Newport Beach, CA 92661
Balboa Peninsula Point NeighborhoodEstimated Value: $3,850,000 - $11,916,078
4
Beds
3.5
Baths
1,828
Sq Ft
$4,312/Sq Ft
Est. Value
Highlights
- Ocean Front
- All Bedrooms Downstairs
- 2 Car Garage
- Newport Elementary School Rated A
- No HOA
- 4-minute walk to West Jetty View Park
About This Home
As of May 2016Oceanfront home on one of the largest lots, in the highly sought after community of Balboa Peninsula Point. This cottage estate has approximately 64' on the sand, more than a lot and a half, with no boardwalk in front. Property available now for the first time since the 70's. Home includes 4 Bedrooms and 3 Bathrooms. 4th Bedroom being a small guest casita. Ample parking with 2 Car garage and space for three other vehicles onsite. Enjoy your morning coffee watching the waves after a morning walk on the beach and have evening barbecues watching gorgeous Sunsets on the large patio. Restore to its original luster or build a magnificent new dream home!
Very rare opportunity to own this Beach Estate on the sand.
Last Agent to Sell the Property
Coldwell Banker Realty License #00911960 Listed on: 05/04/2016
Co-Listed By
Bill Schonlau
Coldwell Banker Res. Brokerage License #01053723
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $142,622
Year Built
- Built in 1947
Lot Details
- 5,120 Sq Ft Lot
- Ocean Front
Parking
- 2 Car Garage
- Parking Available
- Uncovered Parking
Property Views
- White Water Ocean
- Catalina
- Panoramic
Interior Spaces
- 1,828 Sq Ft Home
- Family Room with Fireplace
Bedrooms and Bathrooms
- 4 Bedrooms
- All Bedrooms Down
Outdoor Features
- Exterior Lighting
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 3
- Tax Tract Number 518
- Assessor Parcel Number 04826227
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 4, 2016
Closed on
May 13, 2016
Sold by
Featherston Roger A
Bought by
Wheatley Family Trust
Seller's Agent
Sydney Gielow
Coldwell Banker Realty
Buyer's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
List Price
$9,980,000
Sold Price
$9,985,000
Premium/Discount to List
$5,000
0.05%
Total Days on Market
6
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
-$2,101,961
Avg. Annual Appreciation
-3.89%
Purchase Details
Closed on
Dec 14, 1998
Sold by
Featherston Roger A and Featherston Patricia D
Bought by
Featherton Roger A and Featherston Patricia D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 15, 1998
Sold by
Featherston Roger A and Featherston Patricia D
Bought by
Featherston Roger A and Featherston Patricia D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
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 |
|---|---|---|---|
| Wheatley Family Trust | $9,985,000 | Equity Title | |
| Featherton Roger A | -- | Lawyers Title Company | |
| Featherston Roger A | -- | Lawyers Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Featherston Roger A | $3,000,000 | |
| Previous Owner | Featherston Roger A | $1,850,000 | |
| Previous Owner | Featherston Roger A | $995,000 | |
| Previous Owner | Featherston Roger A | $2,000,000 | |
| Previous Owner | Featherston Roger A | $2,160,000 | |
| Previous Owner | Featherston Roger A | $2,160,000 | |
| Previous Owner | Featherston Roger A | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/27/2016 05/27/16 | Sold | $9,985,000 | +0.1% | $5,462 / Sq Ft |
| 05/10/2016 05/10/16 | Pending | -- | -- | -- |
| 05/04/2016 05/04/16 | For Sale | $9,980,000 | 0.0% | $5,460 / Sq Ft |
| 04/02/2012 04/02/12 | Rented | $8,000 | -15.8% | -- |
| 04/02/2012 04/02/12 | Under Contract | -- | -- | -- |
| 04/08/2011 04/08/11 | For Rent | $9,500 | -- | -- |
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 | $142,622 | $13,517,168 | $11,510,372 | $2,006,796 |
| 2023 | $139,302 | $13,252,126 | $11,284,678 | $1,967,448 |
| 2022 | $137,016 | $12,992,281 | $11,063,410 | $1,928,871 |
| 2021 | $114,483 | $10,846,481 | $10,846,481 | $0 |
| 2020 | $114,153 | $10,808,084 | $10,735,264 | $72,820 |
| 2019 | $111,760 | $10,596,161 | $10,524,768 | $71,393 |
| 2018 | $109,521 | $10,388,394 | $10,318,400 | $69,994 |
| 2017 | $107,579 | $10,184,700 | $10,116,078 | $68,622 |
| 2016 | $4,372 | $383,499 | $341,125 | $42,374 |
| 2015 | $4,329 | $377,739 | $336,001 | $41,738 |
| 2014 | $4,228 | $370,340 | $329,419 | $40,921 |
Source: Public Records
Agents Affiliated with this Home
-
Sydney Gielow
Seller's Agent in 2016
Sydney Gielow
Coldwell Banker Realty
(949) 400-1320
1 in this area
37 Total Sales
-
B
Seller Co-Listing Agent in 2016
Bill Schonlau
Coldwell Banker Res. Brokerage
-
Kim Bibb
Buyer's Agent in 2016
Kim Bibb
Pacific Sotheby's Int'l Realty
(714) 396-0185
52 in this area
123 Total Sales
-
V
Seller's Agent in 2012
Valerie Howell
Coldwell Banker Realty
(949) 280-3660
-
Denine Kerns
Buyer's Agent in 2012
Denine Kerns
Douglas Elliman Of California
(949) 689-7078
43 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LG16094184
APN: 048-262-27
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