2054 E Oceanfront Newport Beach, CA 92661
Balboa Peninsula Point Neighborhood
5
Beds
4.5
Baths
4,000
Sq Ft
3,200
Sq Ft Lot
Highlights
- Ocean Front
- Retreat
- Walk-In Closet
- Newport Elementary School Rated A
- 3 Car Attached Garage
- 3-minute walk to West Jetty View Park
About This Home
As of June 2020Custom Built by Fenton & Associates in 2005 using the finest materials throughout including Limestone flooring, Venetian plaster and 100 year old beamed ceilings. Gourmet kitchen features top of the line appliances, built in freezer drawers and dumb waiter with rooftop deck access. Oceanfront, off the boardwalk location on one of Newport's finest beach locations, a short stroll to the 'Wedge'. Equipped with Leutron Homeworks lighting, Crestron Automation, Audio Request, surround sound in and out. Central Vac, dual A/C, dual laundry facilities and more.
Last Agent to Sell the Property
Arbor Real Estate License #00982965 Listed on: 05/05/2012
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $116,590
Year Built
- Built in 2005
Lot Details
- 3,200 Sq Ft Lot
- Lot Dimensions are 40x80
- Ocean Front
Parking
- 3 Car Attached Garage
Property Views
- White Water Ocean
- Coastline
- Catalina
Home Design
- Spanish Tile Roof
- Clay Roof
- Stone Siding
Interior Spaces
- 4,000 Sq Ft Home
- Wood Burning Fireplace
- Electric Fireplace
- Gas Fireplace
- Stone Flooring
- Breakfast Bar
Bedrooms and Bathrooms
- 5 Bedrooms
- Retreat
- Main Floor Bedroom
- Walk-In Closet
Utilities
- Forced Air Heating and Cooling System
- Sewer Paid
Listing and Financial Details
- Legal Lot and Block 0.07 / D
- Tax Tract Number 518
- Assessor Parcel Number 04826217
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 18, 2020
Closed on
Jun 25, 2020
Sold by
Buntmann Mary E and Buntmann Gary
Bought by
Miller Robert G and Miller Sharon L
Seller's Agent
Steve High
Pacific Sotheby’s International Realty
Buyer's Agent
Spyro Kemble
Surterre Properties Inc.
List Price
$10,750,000
Sold Price
$10,250,000
Premium/Discount to List
-$500,000
-4.65%
Total Days on Market
90
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
-$2,644,944
Avg. Annual Appreciation
-5.89%
Purchase Details
Listed on
May 5, 2012
Closed on
Aug 15, 2012
Sold by
Rk Balboa Llc
Bought by
Buntmann Mary E and Buntmann Gary
Seller's Agent
Chris Brigandi
Arbor Real Estate
Buyer's Agent
Steve High
Pacific Sotheby’s International Realty
List Price
$6,995,000
Sold Price
$6,850,000
Premium/Discount to List
-$145,000
-2.07%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%
Original Mortgage
$4,891,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 6, 2008
Sold by
Newell Byron B and Newell Cheryl A
Bought by
Rk Balboa Llc
Purchase Details
Closed on
May 1, 2007
Sold by
Newell Byron B and Newell Cheri
Bought by
Newell Byron B and Newell Cheryl A
Purchase Details
Closed on
Oct 25, 2004
Sold by
Newell Byron B and Newell Cheryl A
Bought by
Newell Byron B and Newell Cheri
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 16, 2004
Sold by
Newell Byron B and Newell Cheryl Cameron
Bought by
Newell Byron B and Newell Cheryl A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
5.86%
Mortgage Type
Construction
Purchase Details
Closed on
Mar 21, 2002
Sold by
Rodrigue Gary B and Allbright Aaron B
Bought by
Newell Bryon B and Newell Cheryl Cameron
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,444,000
Interest Rate
6.94%
Purchase Details
Closed on
May 28, 1998
Sold by
Rodrigue Gary B and Rodrigue Ron B
Bought by
Allbright Aaron B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,225,000
Interest Rate
7.25%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 14, 1995
Sold by
Mulholland Lois A and Feldmann Betty Holifield
Bought by
Rodriguez Gary B and Albright Ron B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,950
Interest Rate
6.5%
Similar Homes in Newport Beach, CA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $10,250,000 | Chicago Title | |
| Grant Deed | $6,850,000 | Stewart Title Irvine | |
| Grant Deed | $10,150,000 | Progressive Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Commonwealth Title | |
| Interfamily Deed Transfer | -- | Commonwealth Land Title | |
| Grant Deed | $3,760,000 | Commonwealth Land Title | |
| Individual Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $1,350,000 | Orange Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $962,980 | New Conventional | |
| Previous Owner | $4,891,650 | New Conventional | |
| Previous Owner | $4,891,000 | New Conventional | |
| Previous Owner | $3,000,000 | Purchase Money Mortgage | |
| Previous Owner | $3,000,000 | Construction | |
| Previous Owner | $2,444,000 | No Value Available | |
| Previous Owner | $1,650,000 | Unknown | |
| Previous Owner | $1,225,000 | Unknown | |
| Previous Owner | $999,950 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2020 06/30/20 | Sold | $10,250,000 | -4.7% | $2,832 / Sq Ft |
| 06/18/2020 06/18/20 | For Sale | $10,750,000 | +56.9% | $2,970 / Sq Ft |
| 08/18/2012 08/18/12 | Sold | $6,850,000 | -2.1% | $1,713 / Sq Ft |
| 08/03/2012 08/03/12 | Pending | -- | -- | -- |
| 05/05/2012 05/05/12 | For Sale | $6,995,000 | -- | $1,749 / 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 |
|---|---|---|---|---|
| 2024 | $116,590 | $11,043,110 | $10,057,719 | $985,391 |
| 2023 | $113,330 | $10,774,579 | $9,860,509 | $914,070 |
| 2022 | $111,470 | $10,563,313 | $9,667,165 | $896,148 |
| 2021 | $109,325 | $10,356,190 | $9,477,613 | $878,577 |
| 2020 | $81,566 | $7,712,994 | $6,824,183 | $888,811 |
| 2019 | $79,859 | $7,561,759 | $6,690,375 | $871,384 |
| 2018 | $78,260 | $7,413,490 | $6,559,191 | $854,299 |
| 2017 | $76,872 | $7,268,128 | $6,430,579 | $837,549 |
| 2016 | $75,135 | $7,125,616 | $6,304,489 | $821,127 |
| 2015 | $74,435 | $7,018,583 | $6,209,790 | $808,793 |
| 2014 | $72,678 | $6,881,099 | $6,088,149 | $792,950 |
Source: Public Records
Agents Affiliated with this Home
-
Steve High
Seller's Agent in 2020
Steve High
Pacific Sotheby’s International Realty
(949) 874-4724
4 in this area
72 Total Sales
-
Evan Corkett
Seller Co-Listing Agent in 2020
Evan Corkett
Pacific Sotheby's Int'l Realty
(949) 285-1055
3 in this area
51 Total Sales
-
Spyro Kemble
S
Buyer's Agent in 2020
Spyro Kemble
Surterre Properties Inc.
(949) 689-8377
1 in this area
7 Total Sales
-
Chris Brigandi
Seller's Agent in 2012
Chris Brigandi
Arbor Real Estate
(949) 910-6005
1 in this area
17 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: U12001836
APN: 048-262-17
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