G
Seller's Agent in 2016
Guy Violas
No Firm Affiliation
417 E Edgewater Ave Newport Beach, CA 92661
Central Newport Beach NeighborhoodEstimated Value: $5,659,000 - $6,670,000
3
Beds
3
Baths
1,950
Sq Ft
$3,153/Sq Ft
Est. Value
Highlights
- Property has ocean access
- Docks
- Boat Slip
- Newport Elementary School Rated A
- Property Fronts a Bay or Harbor
- Cape Cod Architecture
About This Home
As of July 2016Reduced! Remarkable opportunity abd possibly the best value on a bay-front property. Plus - zoned as an R-2 Duplex, with beach, pier and dock. Fantastic central Balboa Peninsula location just east of the Ferry Landing and the world-famous Fun Zone. This brick cottage-style home, is currently configured as 2 units with 2-car garage. The lower level is a spacious 2 bedroom and 2 bath, with a large bright kitchen and living room with fireplace. It accesses laundry and an additional shower in the garage. The upper level is an efficient 1 bed and 1 bath with ample kitchen large living room, indoor laundry and big harbor views. The sunny bay-front patio allows for casual entertaining and has access to the East Edgewater walkway, a private beach and pier, platform and dock with side tie to accommodate both a large yacht and additional water toys. One of the few originals left. So many possibilities, so much potential.
Last Agent to Sell the Property
Guy Violas
No Firm Affiliation License #00986793 Listed on: 03/23/2016
Co-Listed By
Raymond Ross
Christie's Int. R.E SoCal License #01175977
Last Buyer's Agent
Guy Violas
No Firm Affiliation License #00986793 Listed on: 03/23/2016
Home Details
Home Type
- Single Family
Year Built
- Built in 1925
Lot Details
- 3,252 Sq Ft Lot
- Property Fronts a Bay or Harbor
- Wrought Iron Fence
- Brick Fence
- Rectangular Lot
- Level Lot
- Property is zoned R-2
Parking
- 2 Car Attached Garage
- Parking Available
- Rear-Facing Garage
Home Design
- Cape Cod Architecture
- Brick Exterior Construction
- Tile Roof
- Wood Siding
- Stucco
Interior Spaces
- 1,950 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Bay Views
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Laundry on upper level
- Laundry in Garage
Outdoor Features
- Property has ocean access
- Boat Slip
- Docks
- Brick Porch or Patio
Utilities
- Central Air
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 6
- Tax Tract Number 95
- Assessor Parcel Number 04811106
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 23, 2016
Closed on
Jun 3, 2016
Sold by
Hale Lester G
Bought by
Home Sweet Home Llc
Seller's Agent
Guy Violas
No Firm Affiliation
Buyer's Agent
Guy Violas
No Firm Affiliation
List Price
$3,900,000
Sold Price
$3,000,000
Premium/Discount to List
-$900,000
-23.08%
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
$3,149,261
Avg. Annual Appreciation
7.57%
Purchase Details
Closed on
Feb 2, 2012
Sold by
Hale Lester G
Bought by
Hale Lester G
Purchase Details
Closed on
May 12, 1995
Sold by
Hale Elizabeth P and Mathieson Elizabeth P
Bought by
Hale Elizabeth P and Hale Lester G
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Home Sweet Home Llc | $3,000,000 | Fntg | |
| Hale Lester G | -- | None Available | |
| Hale Elizabeth P | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/08/2016 07/08/16 | Sold | $3,000,000 | -23.1% | $1,538 / Sq Ft |
| 06/06/2016 06/06/16 | Pending | -- | -- | -- |
| 03/23/2016 03/23/16 | For Sale | $3,900,000 | -- | $2,000 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $45,194 | $4,342,877 | $3,273,984 | $1,068,893 |
| 2024 | $45,194 | $4,257,723 | $3,209,788 | $1,047,935 |
| 2023 | $44,139 | $4,174,239 | $3,146,851 | $1,027,388 |
| 2022 | $41,490 | $3,819,387 | $3,085,149 | $734,238 |
| 2021 | $35,942 | $3,265,083 | $3,024,656 | $240,427 |
| 2020 | $35,248 | $3,183,624 | $2,993,642 | $189,982 |
| 2019 | $34,570 | $3,121,200 | $2,934,943 | $186,257 |
| 2018 | $34,063 | $3,060,000 | $2,877,395 | $182,605 |
| 2017 | $33,463 | $3,000,000 | $2,820,975 | $179,025 |
| 2016 | $10,343 | $815,021 | $577,709 | $237,312 |
| 2015 | $10,289 | $802,779 | $569,031 | $233,748 |
| 2014 | $10,040 | $787,054 | $557,884 | $229,170 |
Source: Public Records
Agents Affiliated with this Home
-
-
R
Seller Co-Listing Agent in 2016
Raymond Ross
Christie's Int. R.E SoCal
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR16060316
APN: 048-111-06
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