2804 W Oceanfront Newport Beach, CA 92663
West Newport Beach Neighborhood
4
Beds
3.5
Baths
2,403
Sq Ft
2,250
Sq Ft Lot
Highlights
- Beach Front
- White Water Ocean Views
- Fishing
- Newport Elementary School Rated A
- Property has ocean access
- Ocean Side of Highway 1
About This Home
As of October 2022Single family oceanfront home with active VACATION RENTAL PERMIT in the most desired location on the Newport Beach peninsula. Restaurants, shopping, fishing pier, surfing, movies, biking, boating, beach yoga, beach volleyball, boardwalk fun and more. Your amazing active lifestyle awaits. Park the car and forget about it because it is all right outside your front door. This home boasts a wide-open bottom floor with large entertaining kitchen and living for all your family and friends to enjoy. The large bi-folding Cantina doors lead to an oversized patio looking out over the incredible beach and ocean. The upstairs is well situated for a large family plus friends. The large master bedroom looks out over the beach and ocean with views from the Newport Pier to the Huntington Beach Pier and Catalina and San Clemente Islands in the distance. The master bathroom is well appointed with dual vanity, oversized tub, walk-in shower, and separate toilet room. There are two bedrooms that share a jack-jill bathroom with separate vanity areas and shared shower and toilet rooms. The last bedroom is an oversized room that can be used as a bonus room, a large kids bunk room, or your own personal cinema. The last bathroom is large with a mini-tub shower combination. The entire house has recently been fully refreshed and ready for the next family to jump in and start enjoying. Don't wait, come see it today!
Motivated Seller!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $85,008
Year Built
- Built in 1969
Lot Details
- 2,250 Sq Ft Lot
- Beach Front
- Level Lot
Parking
- 2 Car Attached Garage
- Parking Available
- Rear-Facing Garage
- Assigned Parking
Property Views
- White Water Ocean
- Coastline
- Catalina
- Panoramic
Home Design
- Patio Home
Interior Spaces
- 2,403 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Living Room with Fireplace
- Granite Countertops
- Laundry Room
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- All Upper Level Bedrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Property has ocean access
- Ocean Side of Highway 1
- Balcony
Schools
- Newport Elementary School
- Ensign Middle School
- Newport Harbor High School
Additional Features
- More Than Two Accessible Exits
- Central Heating
Listing and Financial Details
- Legal Lot and Block 3 / 28
- Tax Tract Number 512
- Assessor Parcel Number 04709116
- $1,246 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- Balboa Peninsula Subdivision
Recreation
- Fishing
- Water Sports
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 8, 2022
Closed on
Oct 3, 2022
Sold by
Eva Elizabeth Moreno Trust
Bought by
2804 Oceanfront Llc
Seller's Agent
Ingrid Yankauskas
Compass
Buyer's Agent
Steve Springer
Compass
List Price
$7,900,000
Sold Price
$7,800,000
Premium/Discount to List
-$100,000
-1.27%
Views
13
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
$738,234
Avg. Annual Appreciation
1.05%
Original Mortgage
$4,000,000
Outstanding Balance
$3,841,603
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$4,191,448
Purchase Details
Closed on
Oct 17, 2017
Sold by
Gugasian Levon and Gugasian Zarouhi M
Bought by
Moreno Eva Elizabeth and Eva Elizabeth Moreno Trust
Purchase Details
Closed on
Mar 9, 2011
Sold by
Dezorzi Patrick M and De Zorzi Shirley M
Bought by
Gugasian Levon and Gugasian Zarouhi M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.62%
Mortgage Type
New Conventional
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $7,800,000 | First American Title | |
| Grant Deed | $5,200,000 | First American Title Co | |
| Grant Deed | $2,900,000 | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $4,000,000 | New Conventional | |
| Previous Owner | $1,950,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,959,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $2,000,000 | New Conventional | |
| Previous Owner | $995,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/07/2022 10/07/22 | Sold | $7,800,000 | 0.0% | $3,245 / Sq Ft |
| 10/07/2022 10/07/22 | Sold | $7,800,000 | -1.3% | $3,246 / Sq Ft |
| 09/26/2022 09/26/22 | Pending | -- | -- | -- |
| 09/19/2022 09/19/22 | For Sale | $7,900,000 | 0.0% | $3,286 / Sq Ft |
| 09/19/2022 09/19/22 | For Sale | $7,900,000 | +1.3% | $3,288 / Sq Ft |
| 09/18/2022 09/18/22 | Off Market | $7,800,000 | -- | -- |
| 09/18/2022 09/18/22 | Off Market | $7,800,000 | -- | -- |
| 09/01/2022 09/01/22 | Price Changed | $7,900,000 | 0.0% | $3,288 / Sq Ft |
| 09/01/2022 09/01/22 | Price Changed | $7,900,000 | -3.7% | $3,286 / Sq Ft |
| 08/22/2022 08/22/22 | Price Changed | $8,200,000 | 0.0% | $3,411 / Sq Ft |
| 08/22/2022 08/22/22 | Price Changed | $8,200,000 | -3.2% | $3,412 / Sq Ft |
| 08/08/2022 08/08/22 | For Sale | $8,475,000 | 0.0% | $3,525 / Sq Ft |
| 08/01/2022 08/01/22 | Price Changed | $8,474,999 | 0.0% | $3,527 / Sq Ft |
| 06/28/2022 06/28/22 | Price Changed | $8,475,000 | 0.0% | $3,527 / Sq Ft |
| 06/28/2022 06/28/22 | For Sale | $8,475,000 | +8.7% | $3,527 / Sq Ft |
| 06/20/2022 06/20/22 | Off Market | $7,800,000 | -- | -- |
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 | $85,008 | $7,956,000 | $7,724,454 | $231,546 |
| 2023 | $83,049 | $7,800,000 | $7,572,994 | $227,006 |
| 2022 | $59,894 | $5,575,450 | $5,375,860 | $199,590 |
| 2021 | $58,756 | $5,466,128 | $5,270,451 | $195,677 |
| 2020 | $58,198 | $5,410,080 | $5,216,409 | $193,671 |
| 2019 | $56,122 | $5,304,000 | $5,114,126 | $189,874 |
| 2018 | $55,000 | $5,200,000 | $5,013,849 | $186,151 |
| 2017 | $34,056 | $3,201,328 | $2,993,007 | $208,321 |
| 2016 | $33,288 | $3,138,557 | $2,934,320 | $204,237 |
| 2015 | $32,977 | $3,091,413 | $2,890,243 | $201,170 |
| 2014 | $32,199 | $3,030,857 | $2,833,627 | $197,230 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2022
Ingrid Yankauskas
Compass
(949) 468-6598
6 in this area
32 Total Sales
-
Buyer's Agent in 2022
Steve Springer
Compass
(619) 520-8476
2 in this area
42 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP22117990
APN: 047-091-16
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