Seller's Agent in 2021
Kim Bibb
Pacific Sotheby's Int'l Realty
(714) 396-0185
19 in this area
124 Total Sales
202 E Oceanfront Newport Beach, CA 92661
Central Newport Beach NeighborhoodEstimated Value: $6,556,000 - $8,606,000
4
Beds
3.5
Baths
2,800
Sq Ft
$2,768/Sq Ft
Est. Value
Highlights
- Beach Front
- Ocean View
- No HOA
- Newport Elementary School Rated A
- Fireplace in Primary Bedroom
- 2 Car Attached Garage
About This Home
As of February 2021Welcome to this quintessential oceanfront beach house, outfitted with modern finishes and positioned on a prime lot between Newport Pier and Balboa Pier. Radiating a beachfront lifestyle, the home is situated on a serene stretch of sand on the Balboa Peninsula with a stunning backdrop of waves crashing on the beach. Designed to emphasize the unique indoor-outdoor lifestyle with an open layout, the sunlit living spaces flow seamlessly from one to the next and through tall bi-fold doors to the private patio adjacent to the boardwalk. Upstairs, the home opens to a spacious rooftop deck, overlooking the ocean and providing unparalleled views of breathtaking sunsets over the horizon. The modern kitchen offers a highly-functional layout with built-in bar seating, marble countertops, and high-end stainless steel and custom cabinet-front appliances. A private ocean view balcony, warm fireplace, large walk-in closet, and neighboring bar area illustrate the caliber of amenities offered in the lavish master suite. An equal counterpart, the spa-inspired master bath features elegant marble surrounds and detailing, dual sinks in front of a generous vanity, therapeutic tub, glass-framed shower, and intricate marble flooring. Comfortably situated in one of the most desirable areas of Southern California, this remarkable home is located just minutes from the Ferry, Fun Zone, the Wedge, world-class shopping and dining.
Last Agent to Sell the Property
Pacific Sotheby's Int'l Realty License #01210754 Listed on: 07/07/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $67,446
Year Built
- Built in 1994
Lot Details
- 2,400 Sq Ft Lot
- Beach Front
- Density is up to 1 Unit/Acre
Parking
- 2 Car Attached Garage
- Parking Available
Property Views
- Ocean
- Catalina
- Panoramic
- City Lights
Home Design
- Entry on the 1st floor
Interior Spaces
- 2,800 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Combination Dining and Living Room
- Laundry Room
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Built-In Range
- Kitchen Island
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- All Upper Level Bedrooms
- Soaking Tub
- Walk-in Shower
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Balboa Peninsula Subdivision
Listing and Financial Details
- Legal Lot and Block 2 / 1
- Tax Tract Number 510
- Assessor Parcel Number 04808114
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 7, 2020
Closed on
Jan 11, 2021
Sold by
Layne Family Trust and Layne Gregory W
Bought by
Oceanview Real Estate Llc
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Jim Knoska
Beach Cities Real Estate
List Price
$6,475,000
Sold Price
$6,005,000
Premium/Discount to List
-$470,000
-7.26%
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
$1,744,693
Avg. Annual Appreciation
8.17%
Original Mortgage
$6,005,000
Outstanding Balance
$5,313,498
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$3,291,810
Purchase Details
Closed on
Oct 25, 2000
Sold by
Dale Liefer and Dale Ellen
Bought by
Layne Gregory W and Layne Paula E
Purchase Details
Closed on
Apr 25, 1997
Sold by
Liefer Dale George and Liefer Ellen King
Bought by
Liefer Dale G and Liefer Ellen K
Purchase Details
Closed on
May 21, 1996
Sold by
Mcgwire Mark D
Bought by
Liefer Dale George and Liefer Ellen King
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.5%
Purchase Details
Closed on
Dec 13, 1994
Sold by
Mcgwire Mark D
Bought by
Mcgwire Mark and Mark Mcgwire Revocable Trust
Purchase Details
Closed on
Nov 12, 1993
Sold by
Ocean Front Partnership
Bought by
Mcgwire Mark D
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Oceanview Real Estate Llc | $6,005,000 | Fidelity National Title | |
| Layne Gregory W | $1,925,000 | Chicago Title Co | |
| Liefer Dale G | -- | -- | |
| Liefer Dale George | $1,255,000 | Fidelity National Title Ins | |
| Mcgwire Mark | -- | -- | |
| Mcgwire Mark D | $650,000 | Orange Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Oceanview Real Estate Llc | $6,005,000 | |
| Previous Owner | Liefer Dale G | $1,221,000 | |
| Previous Owner | Liefer Dale George | $450,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/18/2021 02/18/21 | Sold | $6,005,000 | -3.1% | $2,145 / Sq Ft |
| 01/09/2021 01/09/21 | Pending | -- | -- | -- |
| 10/20/2020 10/20/20 | Price Changed | $6,195,000 | -3.1% | $2,213 / Sq Ft |
| 09/10/2020 09/10/20 | Price Changed | $6,395,000 | -1.2% | $2,284 / Sq Ft |
| 07/07/2020 07/07/20 | For Sale | $6,475,000 | -- | $2,313 / 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 |
|---|---|---|---|---|
| 2025 | $67,446 | $6,500,005 | $6,146,288 | $353,717 |
| 2024 | $67,446 | $6,372,554 | $6,025,772 | $346,782 |
| 2023 | $65,874 | $6,247,602 | $5,907,619 | $339,983 |
| 2022 | $64,790 | $6,125,100 | $5,791,783 | $333,317 |
| 2021 | $28,559 | $2,679,787 | $2,336,388 | $343,399 |
| 2020 | $28,285 | $2,652,310 | $2,312,432 | $339,878 |
| 2019 | $27,698 | $2,600,304 | $2,267,090 | $333,214 |
| 2018 | $27,145 | $2,549,318 | $2,222,637 | $326,681 |
| 2017 | $26,665 | $2,499,332 | $2,179,056 | $320,276 |
| 2016 | $26,065 | $2,450,326 | $2,136,329 | $313,997 |
| 2015 | $25,820 | $2,413,520 | $2,104,239 | $309,281 |
| 2014 | -- | $2,366,243 | $2,063,020 | $303,223 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Bibb
-
Jim Knoska
Buyer's Agent in 2021
Jim Knoska
Beach Cities Real Estate
(949) 547-1820
1 in this area
17 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP20132401
APN: 048-081-14
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