NOT LISTED FOR SALE

506 W Oceanfront Unit 1 Newport Beach, CA 92661

Central Newport Beach Neighborhood

Estimated Value: $5,542,000 - $8,508,000

5 Beds
3 Baths
2,294 Sq Ft
$3,179/Sq Ft Est. Value

About This Home

This home is located at 506 W Oceanfront Unit 1, Newport Beach, CA 92661 and is currently estimated at $7,292,889, approximately $3,179 per square foot. 506 W Oceanfront Unit 1 is a home located in Orange County with nearby schools including Newport Elementary School, Horace Ensign Intermediate School, and Newport Harbor High School.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2022
Sold by
Bought by
Current Estimated Value
$7,292,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,420,000
Interest Rate
0.0392%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 3, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,420,000
Interest Rate
0.0392%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 2, 2019
Sold by
Bought by

Purchase Details

Closed on
Jul 13, 2018
Sold by
Bought by

Purchase Details

Closed on
May 3, 2001
Sold by
Bought by

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
0.065%

Purchase Details

Closed on
Sep 8, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
0.0811%

Purchase Details

Closed on
Jul 24, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
0.0811%

Purchase Details

Closed on
Jul 19, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
0.0811%

Purchase Details

Closed on
Jun 1, 1998
Sold by
Bought by

Purchase Details

Closed on
Oct 1, 1997
Sold by
Bought by

Purchase Details

Closed on
Jun 2, 1997
Sold by
Bought by

Purchase Details

Closed on
May 16, 1997
Sold by
Bought by

Purchase Details

Closed on
Mar 10, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$6,800,000 First American Title
-- First American Title
$4,865,000 Chicago Title Company
-- None Available
-- None Available
-- Chicago Title Co
-- First Southwestern Title
-- --
-- --
-- --
$780,000 --
-- Guardian Title Company
$730,000 Guardian Title Company
-- Landwood Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $4,420,000
Previous Owner $1,000,000
Previous Owner $200,000
Previous Owner $1,100,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $76,013 $7,216,214 $6,685,610 $530,604
2024 $74,834 $7,074,720 $6,554,520 $520,200
2023 $73,090 $6,936,000 $6,426,000 $510,000
2022 $54,156 $5,113,983 $4,692,541 $421,442
2021 $53,115 $5,013,709 $4,600,530 $413,179
2020 $52,606 $4,962,300 $4,553,357 $408,943
2019 $40,147 $3,784,431 $3,392,819 $391,612
2018 $29,233 $2,747,967 $2,361,114 $386,853
2017 $28,715 $2,694,086 $2,314,818 $379,268
2016 $28,069 $2,641,261 $2,269,429 $371,832
2015 $27,806 $2,601,587 $2,235,340 $366,247
2014 -- $2,550,626 $2,191,553 $359,073
Source: Public Records

Map

California Orange County Newport Beach 92661 Central Newport Beach

506 W Oceanfront Unit 1, Newport Beach, CA

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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