Seller's Agent in 2025
Joseph Maehler
Pacaso Inc.
(628) 222-3360
157 Total Sales
506 W Oceanfront Newport Beach, CA 92661
Central Newport Beach Neighborhood
5
Beds
3
Baths
2,294
Sq Ft
2,100
Sq Ft Lot
Highlights
- Ocean Front
- Fireplace in Primary Bedroom
- Contemporary Architecture
- Newport Elementary School Rated A
- Deck
- Furnished
About This Home
As of December 2024New co-ownership opportunity: Own one-eighth of this professionally managed, turnkey home. Just steps from the sand, this Balboa Peninsula home offers spectacular views of the Pacific and Catalina. Enter through the Dutch front door to an open plan living area featuring a fireplace, an inviting dining area and glass doors to the oceanfront patio. The adjoining kitchen has a peninsula with a breakfast bar, granite countertops, a built-in fridge and loads of storage space. The spacious primary suite has a balcony perfect for catching the sun setting over the water, plus a fireplace and an en suite bathroom with dual sinks and a tiled shower. Down the hall are four guest bedrooms, and the home is topped by a bonus room and sun deck. The home comes fully furnished and professionally decorated.
Last Agent to Sell the Property
RMV Real Estate Group Brokerage Phone: 949-433-2332 License #01018982 Listed on: 06/20/2024
Property Details
Home Type
- Co-Op
Est. Annual Taxes
- $74,834
Year Built
- Built in 2000
Lot Details
- 2,100 Sq Ft Lot
- Ocean Front
- No Common Walls
Parking
- 2 Car Direct Access Garage
- Parking Available
Property Views
- White Water Ocean
- Coastline
- Panoramic
Home Design
- Contemporary Architecture
- Patio Home
- Split Level Home
Interior Spaces
- 2,294 Sq Ft Home
- 3-Story Property
- Furnished
- Gas Fireplace
- Great Room
- Living Room with Fireplace
- Dining Room
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Gas Oven
- Built-In Range
- Microwave
- Freezer
- Dishwasher
- Granite Countertops
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- 3 Full Bathrooms
- Granite Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Walk-in Shower
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Deck
- Patio
- Exterior Lighting
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Standard Electricity
- Water Heater
- Sewer Paid
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 26 / 10
- Tax Tract Number 219
- Assessor Parcel Number 04807310
- $380 per year additional tax assessments
- Seller Considering Concessions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 9, 2022
Closed on
Feb 18, 2022
Sold by
Mcclure Vopat Trust
Bought by
2 Ca Grizzly Llc
Seller's Agent
Leo Betancourt
RE/MAX TerraSol
Buyer's Agent
Dean Ledger
Emerald Bay Real Estate
List Price
$6,900,000
Sold Price
$6,800,000
Premium/Discount to List
-$100,000
-1.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.06%
Original Mortgage
$4,420,000
Outstanding Balance
$4,166,385
Interest Rate
3.92%
Mortgage Type
Credit Line Revolving
Estimated Equity
$3,116,948
Purchase Details
Listed on
Feb 9, 2022
Closed on
Feb 3, 2022
Sold by
Tns Development Llc
Bought by
Mcclure Vopat Trust
Seller's Agent
Leo Betancourt
RE/MAX TerraSol
Buyer's Agent
Dean Ledger
Emerald Bay Real Estate
List Price
$6,900,000
Sold Price
$6,800,000
Premium/Discount to List
-$100,000
-1.45%
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
Outstanding Balance
$4,166,385
Interest Rate
3.92%
Mortgage Type
Credit Line Revolving
Estimated Equity
$3,116,948
Purchase Details
Listed on
Feb 28, 2019
Closed on
Apr 2, 2019
Sold by
Knott Matthew M
Bought by
Tns Development Llc
Seller's Agent
Holly Kauffman
Beach City Brokers
List Price
$4,899,000
Sold Price
$4,865,000
Premium/Discount to List
-$34,000
-0.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.15%
Purchase Details
Closed on
Jul 13, 2018
Sold by
Adkins Messenger Deborah D and Heuer Jerry L
Bought by
Knott Matthew M and The Adkins Family Trust
Purchase Details
Closed on
May 3, 2001
Sold by
Mallad Susan E
Bought by
Adkins William J and Adkins 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
$1,000,000
Interest Rate
6.5%
Purchase Details
Closed on
Sep 8, 2000
Sold by
Mallad Susan E
Bought by
Mallad Susan E
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
8.11%
Purchase Details
Closed on
Jul 24, 2000
Sold by
Mallad Susan E
Bought by
Mallad Susan E and Susan E Mallad 1998 Declaration Trust
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
8.11%
Purchase Details
Closed on
Jul 19, 2000
Sold by
Mallad Susan E
Bought by
Mallad Susan E
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
8.11%
Purchase Details
Closed on
Jun 1, 1998
Sold by
Mallad Susan E
Bought by
Mallad Susan E and Susan E Mallad 1998 Declaration Of Trust
Purchase Details
Closed on
Oct 1, 1997
Sold by
Fluter Russell E
Bought by
Mallad Susan E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.3%
Purchase Details
Closed on
Jun 2, 1997
Sold by
Fluter Leeann
Bought by
Fluter Russell E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Interest Rate
7.93%
Purchase Details
Closed on
May 16, 1997
Sold by
Sullivan William H
Bought by
Fluter Russell E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Interest Rate
7.93%
Purchase Details
Closed on
Mar 10, 1994
Sold by
Sullivan William H
Bought by
Sullivan William H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.85%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $6,800,000 | First American Title | |
| Grant Deed | -- | First American Title | |
| Grant Deed | $4,865,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | Chicago Title Co | |
| Interfamily Deed Transfer | -- | First Southwestern Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $780,000 | -- | |
| Interfamily Deed Transfer | -- | Guardian Title Company | |
| Grant Deed | $730,000 | Guardian Title Company | |
| Grant Deed | -- | Landwood Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $4,420,000 | Credit Line Revolving | |
| Previous Owner | $1,000,000 | No Value Available | |
| Previous Owner | $200,000 | No Value Available | |
| Previous Owner | $1,100,000 | No Value Available | |
| Previous Owner | $500,000 | No Value Available | |
| Previous Owner | $584,000 | No Value Available | |
| Previous Owner | $500,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/04/2025 04/04/25 | Price Changed | $999,000 | -14.6% | $435 / Sq Ft |
| 01/28/2025 01/28/25 | For Sale | $1,170,000 | +9.2% | $510 / Sq Ft |
| 12/16/2024 12/16/24 | Sold | $1,071,500 | -4.2% | $467 / Sq Ft |
| 10/16/2024 10/16/24 | Price Changed | $1,118,000 | -2.7% | $487 / Sq Ft |
| 08/09/2024 08/09/24 | Price Changed | $1,149,000 | -2.5% | $501 / Sq Ft |
| 07/29/2024 07/29/24 | Price Changed | $1,178,888 | -1.7% | $514 / Sq Ft |
| 07/15/2024 07/15/24 | Price Changed | $1,198,888 | 0.0% | $523 / Sq Ft |
| 06/20/2024 06/20/24 | For Sale | $1,199,000 | -82.4% | $523 / Sq Ft |
| 03/14/2022 03/14/22 | Sold | $6,800,000 | -1.4% | $2,964 / Sq Ft |
| 02/09/2022 02/09/22 | For Sale | $6,900,000 | +41.8% | $3,008 / Sq Ft |
| 04/15/2019 04/15/19 | Sold | $4,865,000 | -0.7% | $2,121 / Sq Ft |
| 02/28/2019 02/28/19 | For Sale | $4,899,000 | -- | $2,136 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $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
Agents Affiliated with this Home
-
Joseph Maehler
-
Dina Williams
Seller's Agent in 2024
Dina Williams
RMV Real Estate Group
(949) 322-2177
1 in this area
46 Total Sales
-
NoEmail NoEmail
N
Buyer's Agent in 2024
NoEmail NoEmail
None MRML
(646) 541-2551
3 in this area
5,744 Total Sales
-
Leo Betancourt
Seller's Agent in 2022
Leo Betancourt
RE/MAX
(714) 308-7838
3 in this area
36 Total Sales
-
J
Seller Co-Listing Agent in 2022
Jenn Lanzner
RE/MAX
-
Dean Ledger
Buyer's Agent in 2022
Dean Ledger
Emerald Bay Real Estate
(949) 222-0977
1 in this area
33 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24126158
APN: 048-073-10
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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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