NOT LISTED FOR SALE

419 E Edgewater Ave Newport Beach, CA 92661

Central Newport Beach Neighborhood

Estimated Value: $4,375,000 - $7,215,000

3 Beds
2 Baths
1,158 Sq Ft
$5,329/Sq Ft Est. Value

Last Sold September 21, 2015

Last sale price $3,650,000 $3,152 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $37,514/month

38 Days on Market

Highlights

  • Marina
  • Private Dock Site
  • Marina View
  • Newport Elementary School Rated A
  • Beach Access
  • Property Fronts a Bay or Harbor

About This Home

As of September 2015

Great waterfront property on Balboa Peninsula with its own private beach and a 50 foot private dock for your Yacht. This is a comfortable beach home with great potential for an investment re-model. Full set of plans approved by the city come with this sale. Investors, this opportunity will not last long. Potential return can be substantial.

Last Agent to Sell the Property

Norm Haight

Norris Haight, Broker License #01875011 Listed on: 07/03/2015

Last Buyer's Agent

Maggie LeFave

HomeSmart, Evergreen Realty License #00627992

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,770

Year Built

  • Built in 1924

Lot Details

  • 3,150 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Property fronts an alley

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • Marina
  • Bay

Home Design

  • Cottage
  • Brick Exterior Construction
  • Raised Foundation
  • Wood Siding

Interior Spaces

  • 1,158 Sq Ft Home
  • Beamed Ceilings
  • Bay Window
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Carpet

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Multi-Level Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Beach Access
  • Boat Slip
  • Private Dock Site
  • Docks
  • Deck
  • Patio
  • Porch

Utilities

  • Satellite Dish

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 95
  • Assessor Parcel Number 04811107

Community Details

Overview

  • No Home Owners Association

Recreation

  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,770

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Cottage
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04811107
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1158.00
  • Interior Amenities: Beamed Ceilings
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Family Kitchen
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 3151.99
  • Room Type: Master Bedroom, Main Floor Bedroom, Multi-Level Bedroom
  • Window Features: Bay Window(s)

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Exterior Features: Boat Slip, Dock Private, Satellite Dish
  • View: Bay, Marina
  • Patio And Porch Features: Deck, Porch
  • Pool Private: No
  • Construction Materials: Brick, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Appliances: Dishwasher, Disposal
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 3150.00
  • Price Per Lot Square Foot: 1158.73
  • Lot Size Acres: 0.0720

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3150.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Beach Access, Includes Dock, Marina in Community

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2018
Sold by
Jumonville Urie William and Jumonville Cheryl B
Bought by
Jcubed Properties Llc
Current Estimated Value
$6,171,407

Purchase Details

Closed on
Aug 17, 2017
Sold by
Jcubed Porperties Llc
Bought by
Jumoville Urie William and Jumoville Cheryl B

Purchase Details

Listed on
Jul 3, 2015
Closed on
Aug 12, 2015
Sold by
Nuvision Capital Llc
Bought by
Jcubed Properties Llc
Seller's Agent
Norm Haight
Norris Haight, Broker
Buyer's Agent
Maggie LeFave
HomeSmart, Evergreen Realty
List Price
$3,975,000
Sold Price
$3,650,000
Premium/Discount to List
-$325,000
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%
Original Mortgage
$2,000,000
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2015
Sold by
Berkowitz Harry and Samen Edward
Bought by
Nuvision Capital Llc

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
3.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2014
Sold by
Berkowitz Harry and Samen Michael
Bought by
419 Edgewater Llc

Purchase Details

Listed on
Jul 2, 2013
Closed on
Nov 6, 2013
Sold by
Samen Marina
Bought by
Samen Edward
Seller's Agent
Patricia Presson
Surterre Properties Inc.
Buyer's Agent
Rick Langevin
Surterre Properties Inc.
List Price
$3,299,000
Sold Price
$2,950,000
Premium/Discount to List
-$349,000
-10.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%
Original Mortgage
$20,000
Interest Rate
4.17%
Mortgage Type
Unknown

Purchase Details

Listed on
Jul 2, 2013
Closed on
Oct 10, 2013
Sold by
Mccoy Patricia
Bought by
Berkowitz Harry and Samen Edward
Seller's Agent
Patricia Presson
Surterre Properties Inc.
Buyer's Agent
Rick Langevin
Surterre Properties Inc.
List Price
$3,299,000
Sold Price
$2,950,000
Premium/Discount to List
-$349,000
-10.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,085,215
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Jcubed Properties Llc -- None Available
Jumoville Urie William -- None Available
Jcubed Properties Llc $3,650,000 Chicago Title Company
Nuvision Capital Llc $3,570,545 Accommodation
419 Edgewater Llc -- None Available
Samen Edward -- California Title Company
Berkowitz Harry $2,950,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jcubed Properties Llc $200,000
Previous Owner Jcubed Properties Llc $2,000,000
Previous Owner Nuvision Capital Llc $1,085,215
Previous Owner 419 Edgewater Llc $75,000
Previous Owner 419 Edgewater Llc $20,000
Previous Owner Berkowitz Harry $1,085,215
Previous Owner Mccoy Patricia R $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2015 09/21/15 Sold $3,650,000 -8.2% $3,152 / Sq Ft
08/10/2015 08/10/15 Pending -- -- --
07/03/2015 07/03/15 For Sale $3,975,000 +34.7% $3,433 / Sq Ft
11/13/2013 11/13/13 Sold $2,950,000 -4.8% $2,547 / Sq Ft
10/08/2013 10/08/13 Pending -- -- --
10/01/2013 10/01/13 Price Changed $3,099,000 -6.1% $2,676 / Sq Ft
07/02/2013 07/02/13 For Sale $3,299,000 -- $2,849 / 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 $49,770 $4,772,175 $4,271,302 $500,873
2024 $49,770 $4,678,603 $4,187,551 $491,052
2023 $48,607 $4,586,866 $4,105,442 $481,424
2022 $47,805 $4,496,928 $4,024,943 $471,985
2021 $46,887 $4,408,753 $3,946,022 $462,731
2020 $46,437 $4,363,547 $3,905,560 $457,987
2019 $45,471 $4,277,988 $3,828,981 $449,007
2018 $40,803 $3,880,856 $3,753,903 $126,953
2017 $39,681 $3,723,000 $3,680,298 $42,702
2016 $38,787 $3,650,000 $3,608,135 $41,865
2015 $31,613 $2,950,000 $2,910,485 $39,515
2014 -- $2,950,000 $2,910,485 $39,515
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2015

    Norm Haight

    Norris Haight, Broker

    (877) 651-8171

    1 Total Sale

    Norm Haight
    Section Image

  • M

    Buyer's Agent in 2015

    Maggie LeFave

    HomeSmart, Evergreen Realty

    Section Image
  • Patricia Presson

    Seller's Agent in 2013

    Patricia Presson

    Surterre Properties Inc.

    (949) 717-7100

    39 Total Sales

    Patricia Presson
    Section Image

  • M

    Seller Co-Listing Agent in 2013

    Marlynn Howe

    Surterre Properties Inc.

    Section Image
  • Rick Langevin

    Buyer's Agent in 2013

    Rick Langevin

    Surterre Properties Inc.

    (949) 933-2777

    17 Total Sales

    Rick Langevin
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15144857

California Regional Multiple Listing Service (CRMLS)

APN: 048-111-07

California Orange County Newport Beach 92661 Central Newport Beach

419 E Edgewater Ave, Newport Beach, CA

This home is located at 419 E Edgewater Ave, Newport Beach, CA 92661 since 03 July 2015 and is currently estimated at $6,171,407, approximately $5,329 per square foot. This property was built in 1924. 419 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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