NOT LISTED FOR SALE

505 N Bay Front Newport Beach, CA 92662

Balboa Island Neighborhood

Estimated Value: $2,513,225 - $4,680,000

3 Beds
2 Baths
1,500 Sq Ft
$2,385/Sq Ft Est. Value

About This Home

This three bedroom two bath Bungalow is located on the Bay with gorgeous water views. Live on Balboa Island and enjoy magnificent views of the Bay. This home was updated in 2011 adding new kitchen appliances, bathroom fixtures, carpeting, interior paint, custom window coverings, and recessed lighting. This lifestyle offers a waterfront deck and you can walk along the harbor or ride your bike down the boardwalk to watch the sunset. This private residence is close to shops, restaurants, and entertainment in the village. Everything is walking distance. Off street parking for two cars (car port) and this home is located on the quiet side of North Bayfront. What a great opportunity for a year around lease.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2019
Sold by
First American Trust
Bought by
Green Katherine W and The Katherine W Green Living T
Current Estimated Value
$3,577,056

Purchase Details

Closed on
Sep 6, 2019
Sold by
First American Trust
Bought by
Green Katherine W and The Katherine W Green Living T

Purchase Details

Closed on
Jun 4, 2013
Sold by
Williams Eric P
Bought by
Williams Eric P and Trust A Of The Williams Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,500
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2010
Sold by
Williams Eric Pauly
Bought by
Williams Eric P and Trust A Of The Williams Trust

Purchase Details

Closed on
Apr 21, 2010
Sold by
Williams Eric Pauly
Bought by
Williams Eric Pauly and Trust A Of The Williams Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
5.05%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Green Katherine W -- None Available
Williams Eric P -- First American Title Company
Williams Eric P -- First American Title Company
Williams Eric P -- None Available
Williams Eric Pauly -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Eric P $404,500
Previous Owner Williams Eric P $417,000
Previous Owner Williams Eric Pauly $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2019 01/13/19 Rented $3,800 -35.6% --
01/07/2019 01/07/19 Under Contract -- -- --
12/26/2018 12/26/18 Price Changed $5,900 -6.3% $4 / Sq Ft
12/06/2018 12/06/18 For Rent $6,300 0.0% --
11/25/2018 11/25/18 Off Market $6,300 -- --
11/18/2018 11/18/18 For Rent $6,300 +14.5% --
04/26/2012 04/26/12 Rented $5,500 -8.3% --
04/26/2012 04/26/12 For Rent $5,995 -- --

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
2024 $4,094 $297,980 $281,229 $16,751
2023 $4,089 $292,138 $275,715 $16,423
2022 $4,012 $286,410 $270,309 $16,101
2021 $3,950 $280,795 $265,009 $15,786
2020 $3,286 $277,916 $262,291 $15,625
2019 $3,225 $272,467 $257,148 $15,319
2018 $3,163 $267,125 $252,106 $15,019
2017 $3,108 $261,888 $247,163 $14,725
2016 $3,042 $256,753 $242,316 $14,437
2015 $3,011 $252,897 $238,676 $14,221
2014 $2,941 $247,944 $234,001 $13,943
Source: Public Records

Agents Affiliated with this Home

  • Mimi Pardini

    Seller's Agent in 2019

    Mimi Pardini

    M P Properties International

    (949) 500-3628

    3 Total Sales

    Mimi Pardini
    Section Image
  • Sharon McCright

    Seller's Agent in 2012

    Sharon McCright

    eXp Realty of California, Inc.

    (949) 829-2321

    9 Total Sales

    Sharon McCright
    Section Image
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Map

California Orange County Newport Beach 92662 Balboa Island

505 N Bay Front, Newport Beach, CA

This home is located at 505 N Bay Front, Newport Beach, CA 92662 and is currently estimated at $3,577,056, approximately $2,384 per square foot. 505 N Bay Front is a home located in Orange County with nearby schools including Abraham Lincoln Elementary School, Corona del Mar Middle and High School, and German School Campus.

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.

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