NOT LISTED FOR SALE

411 E Edgewater Ave Newport Beach, CA 92661

Central Newport Beach Neighborhood

Estimated Value: $5,050,500 - $8,950,000

4 Beds
3.5 Baths
2,600 Sq Ft
$2,517/Sq Ft Est. Value

Last Sold May 10, 2012

Last sale price $3,175,000 $1,221 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $38,323/month

125 Days on Market

Highlights

  • Private Dock Site
  • Boat Slip
  • Bay View
  • Newport Elementary School Rated A
  • Home Theater
  • Craftsman Architecture

About This Home

As of May 2012

A must see. Completely remodeled with brand new private, trex dock to accomodate a yacht up to 65ft plus duffy. This main chanel, Balboa Penninsula residence is truly in a class by itself. Highly appointed appliances, finishes, Creston system and video, heated flooring and custom woodwork throughout, make this property an ideal vacation or primary residence. Situated just blocks from one of the nicest beaches in Newport Beach, and some of the finest restaurants, this property has it all.

Last Agent to Sell the Property

Jamie Moore

Blue Moon Realty License #01884450 Listed on: 01/03/2011

Last Buyer's Agent

Sheri Manarrich

First Team Real Estate License #01731246

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,549

Year Built

  • Built in 1961

Lot Details

  • 2,745 Sq Ft Lot
  • Sprinklers on Timer

Parking

  • 3 Car Garage
  • Side Facing Garage

Home Design

  • Craftsman Architecture
  • Contemporary Architecture
  • Slate Roof

Interior Spaces

  • 2,600 Sq Ft Home
  • Fireplace With Gas Starter
  • Double Pane Windows
  • L-Shaped Dining Room
  • Home Theater
  • Wood Flooring
  • Bay Views
  • Home Security System

Kitchen

  • Double Self-Cleaning Oven
  • Gas Oven or Range
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat

Outdoor Features

  • Boat Slip
  • Private Dock Site
  • Stone Porch or Patio

Utilities

  • No Heating
  • Tankless Water Heater
  • Water Purifier
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 1
  • Assessor Parcel Number 04811103

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,549

Year Built

Built in 1961

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 949-209-8943
  • Property Attached: No
  • Security: Closed Circuit Camera(s), Security System
  • Subdivision Name Other: Balboa Peninsula (Residential)
  • View: Yes
  • Architectural Style: Contemporary, Craftsman
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04811103
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2600.00
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Ell
  • Fireplace Features: Gas Starter
  • Levels: Two
  • Price Per Square Foot: 1221.15
  • Room Type: Retreat, Home Theatre
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Exterior Features: Boat Slip, Dock Private
  • View: Bay
  • Fence: No
  • Patio And Porch Features: Stone
  • Pool Private: No
  • Roof: Slate
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: No
  • Parking Features: Garage Faces Side
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Sewer Available
  • Sprinklers: Yes
  • Heating: No
  • Laundry: No
  • Appliances: Built-In, Double Oven, Dishwasher, Electric Cooking, Gas Cooking, Disposal, Range Hood, Ice Maker, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Cooktop, Tankless Water Heater, Water Line to Refrigerator, Water Purifier
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Sprinklers Timer
  • Lot Size Sq Ft: 2745.00
  • Lot Size Acres: 0.0630

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2745.0000 Square Feet

Tax Info

  • Tax Lot: 9
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2011
Closed on
Apr 10, 2012
Sold by
Morally John Paul
Bought by
Bedrosian Janice A and Janice A Bedrosian Trust
Seller's Agent
Jamie Moore
Blue Moon Realty
Buyer's Agent
Sheri Manarrich
First Team Real Estate
List Price
$3,925,000
Sold Price
$3,175,000
Premium/Discount to List
-$750,000
-19.11%
Current Estimated Value
$6,543,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,368,125
Avg. Annual Appreciation
5.23%
Original Mortgage
$2,000,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2010
Sold by
Treaccar Thomas H and Treaccar Karen J
Bought by
Morally John Paul and John P Morally Living Trust

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
5.04%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 21, 2000
Sold by
Taylor Grant Ramona
Bought by
Treaccar Thomas H and Treaccar Karen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
8.07%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 9, 1999
Sold by
Taylor Grant Mccarthy Ramona and Taylor Ramona Taylor
Bought by
Grant Ramona Taylor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
7.01%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 2, 1997
Sold by
Ramona Mccarthy Robert W
Bought by
Grant Mccarthy Ramona Taylor

Purchase Details

Closed on
Aug 16, 1996
Sold by
Mccarthy Robert
Bought by
Grant Mccarthy Ramona I
Source: Public Records

Range of Values:

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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
Bedrosian Janice A $3,176,500 Commerce Title
Morally John Paul $2,000,000 First American Title Company
Treaccar Thomas H -- Fidelity National Title Ins
Grant Ramona Taylor -- American Title
Grant Mccarthy Ramona Taylor -- --
Grant Mccarthy Ramona I -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bedrosian Janice A $2,000,000
Previous Owner Morally John P $1,000,000
Previous Owner Grant Ramona $25,000
Previous Owner Treaccar Thomas H $200,000
Previous Owner Grant Ramona Taylor $970,000
Previous Owner Grant Ramona T $200,000
Previous Owner Grant Ramona Taylor $300,000
Previous Owner Grant Ramona Taylor $725,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2012 05/10/12 Sold $3,175,000 -27.4% $1,221 / Sq Ft
12/21/2011 12/21/11 Price Changed $4,375,000 +15.3% $1,683 / Sq Ft
11/28/2011 11/28/11 Price Changed $3,795,000 -3.3% $1,460 / Sq Ft
11/28/2011 11/28/11 For Sale $3,925,000 -- $1,510 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $41,549 $3,989,546 $3,612,735 $376,811
2024 $41,549 $3,911,320 $3,541,897 $369,423
2023 $40,578 $3,834,628 $3,472,448 $362,180
2022 $40,878 $3,759,440 $3,404,361 $355,079
2021 $40,379 $3,685,726 $3,337,609 $348,117
2020 $40,000 $3,647,934 $3,303,386 $344,548
2019 $39,231 $3,576,406 $3,238,613 $337,793
2018 $38,621 $3,506,281 $3,175,111 $331,170
2017 $37,951 $3,437,531 $3,112,854 $324,677
2016 $37,117 $3,370,129 $3,051,818 $318,311
2015 $36,818 $3,319,507 $3,005,977 $313,530
2014 $35,943 $3,254,483 $2,947,094 $307,389
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jamie Moore

    Blue Moon Realty

  • Sheri Manarrich

    Buyer's Agent in 2012

    Sheri Manarrich

    First Team Real Estate

    (800) 225-5947

    42 Total Sales

    Sheri Manarrich
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S680790

California Regional Multiple Listing Service (CRMLS)

APN: 048-111-03

California Orange County Newport Beach 92661 Central Newport Beach

411 E Edgewater Ave, Newport Beach, CA

This home is located at 411 E Edgewater Ave, Newport Beach, CA 92661 since 03 January 2011 and is currently estimated at $6,543,125, approximately $2,516 per square foot. This property was built in 1961. 411 E Edgewater Ave is a home located in Orange County with nearby schools including Newport Elementary School, Horace Ensign Intermediate School, and Newport Harbor High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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