NOT LISTED FOR SALE

2042 E Oceanfront Newport Beach, CA 92661

Balboa Peninsula Point Neighborhood

Estimated Value: $4,837,894 - $8,900,000

4 Beds
4 Baths
3,509 Sq Ft
$1,772/Sq Ft Est. Value

About This Home

This home is located at 2042 E Oceanfront, Newport Beach, CA 92661 and is currently estimated at $6,218,724, approximately $1,772 per square foot. 2042 E Oceanfront 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 3, 2023
Sold by
Hill Shea Jr Edmund
Bought by
Shea Mary S
Current Estimated Value
$6,218,724

Purchase Details

Closed on
Feb 28, 2023
Sold by
Shea Mary S
Bought by
E & M Shea Revocable Trust

Purchase Details

Closed on
Feb 27, 1998
Sold by
Shea Edmund H and Shea Mary
Bought by
Shea Edmund H and Shea Mary S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.87%
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
E & M Shea Revocable Trust -- --
Shea Edmund H -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shea Edmund H $1,100,000
Previous Owner Shea Edmund H $900,000
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
2024 $8,336 $754,828 $380,527 $374,301
2023 $8,138 $740,028 $373,066 $366,962
2022 $8,000 $725,518 $365,751 $359,767
2021 $7,848 $711,293 $358,580 $352,713
2020 $7,772 $704,000 $354,903 $349,097
2019 $7,616 $690,197 $347,945 $342,252
2018 $7,467 $676,664 $341,122 $335,542
2017 $7,336 $663,397 $334,434 $328,963
2016 $7,173 $650,390 $327,877 $322,513
2015 $7,104 $640,621 $322,952 $317,669
2014 $6,938 $628,073 $316,626 $311,447
Source: Public Records

Map

California Orange County Newport Beach 92661 Balboa Peninsula Point

2042 E Oceanfront, Newport Beach, CA

This home is located at 2042 E Oceanfront, Newport Beach, CA 92661 and is currently estimated at $6,218,724, approximately $1,772 per square foot. 2042 E Oceanfront is a home located in Orange County with nearby schools including Newport Elementary School, Horace Ensign Intermediate School, and Newport Harbor High School.

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