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Seller's Agent in 2013
Patrick Knapp
Coldwell Banker Previews Int
516 W Oceanfront Newport Beach, CA 92661
Central Newport Beach NeighborhoodEstimated Value: $4,820,610 - $8,365,000
4
Beds
3.5
Baths
2,345
Sq Ft
$2,551/Sq Ft
Est. Value
Highlights
- Beach Front
- White Water Ocean Views
- Primary Bedroom Suite
- Newport Elementary School Rated A
- Heated Spa
- Ocean Side of Freeway
About This Home
As of January 2013Beautiful Oceanfront Beach House on the boardwalk on the Balboa Peninsula. Features: premium location within walking distance to pier, restaurants and more. Located directly on the sand. Newer home with custom marble floors throughout, spacious livingrm w/stone fireplace, gourmet kitchen w/marble countertops, upgrades stainless steal appliances, dual-paned windows & storm doors, dual heating and air-conditioning, six flat screen TVs, 3rd story bedroom has private deck with spa overlooking the beach & ocean, 7 panel doors slide to open entire back of house to the beach, 2-car garage finish w/cabinets. The location is outstanding with being close to enough to the pier but private enough. An absolutely beautiful oceanfront residence.
Last Agent to Sell the Property
Patrick Knapp
Coldwell Banker Previews Int License #01017659 Listed on: 09/12/2012
Home Details
Home Type
- Single Family
Year Built
- Built in 1998 | Remodeled
Lot Details
- 2,128 Sq Ft Lot
- Beach Front
Parking
- 2 Car Attached Garage
- Rear-Facing Garage
Property Views
- White Water Ocean
- Coastline
- Panoramic
Home Design
- Mediterranean Architecture
- Spanish Tile Roof
- Clay Roof
- Stucco
Interior Spaces
- 2,345 Sq Ft Home
- Fireplace
- Insulated Doors
- Family Room Off Kitchen
- Living Room
Kitchen
- Walk-In Pantry
- Gas Oven or Range
- Range
- Disposal
Flooring
- Carpet
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms
- All Upper Level Bedrooms
- Primary Bedroom Suite
- Mirrored Closets Doors
Outdoor Features
- Heated Spa
- Ocean Side of Freeway
- Deck
- Slab Porch or Patio
Utilities
- Forced Air Heating and Cooling System
- Sewer Paid
Community Details
- Built by custom
- Laundry Facilities
Listing and Financial Details
- Legal Lot and Block 21 / 10
- Tax Tract Number 219
- Assessor Parcel Number 04807327
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 1, 2015
Sold by
Ridgeway Tod W
Bought by
Premier Trust Inc and Kar Irrevocable Trust
Current Estimated Value
Purchase Details
Listed on
Sep 12, 2012
Closed on
Nov 28, 2012
Sold by
Ridgeway Kay M
Bought by
Ridgeway Tod W and Tod W Ridgeway Trust
Seller's Agent
Patrick Knapp
Coldwell Banker Previews Int
Buyer's Agent
Jim Jacobs
Jim Jacobs Realty
List Price
$3,999,000
Sold Price
$3,350,000
Premium/Discount to List
-$649,000
-16.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.48%
Original Mortgage
$1,605,000
Interest Rate
3.25%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 12, 2012
Closed on
Nov 19, 2012
Sold by
Farrell Richard C
Bought by
Ridgeway Tod W and The Tod W Ridgeway Trust
Seller's Agent
Patrick Knapp
Coldwell Banker Previews Int
Buyer's Agent
Jim Jacobs
Jim Jacobs Realty
List Price
$3,999,000
Sold Price
$3,350,000
Premium/Discount to List
-$649,000
-16.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,605,000
Interest Rate
3.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 17, 2009
Sold by
Farrell Richard C
Bought by
Farrell Richard C and The Richard C Farrell Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,600
Interest Rate
4.88%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Sep 11, 2003
Sold by
Farrell Richard Clark
Bought by
Farrell Richard C and The Richard C Farrell Trust
Purchase Details
Closed on
Feb 5, 2003
Sold by
Farrell Betty Jane
Bought by
Farrell Richard Clark
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Premier Trust Inc | -- | None Available | |
| Ridgeway Tod W | -- | None Available | |
| Ridgeway Tod W | -- | None Available | |
| Ridgeway Tod W | $3,350,000 | None Available | |
| Farrell Richard C | -- | Lawyers Title Co | |
| Farrell Richard C | -- | -- | |
| Farrell Richard Clark | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ridgeway Tod W | $1,605,000 | |
| Previous Owner | Farrell Richard C | $670,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/02/2013 01/02/13 | Sold | $3,350,000 | -13.0% | $1,429 / Sq Ft |
| 10/06/2012 10/06/12 | Price Changed | $3,850,000 | -3.7% | $1,642 / Sq Ft |
| 09/12/2012 09/12/12 | For Sale | $3,999,000 | -- | $1,705 / 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 | $42,949 | $4,125,279 | $3,658,398 | $466,881 |
| 2024 | $42,949 | $4,044,392 | $3,586,665 | $457,727 |
| 2023 | $41,946 | $3,965,091 | $3,516,339 | $448,752 |
| 2022 | $41,254 | $3,887,345 | $3,447,392 | $439,953 |
| 2021 | $40,462 | $3,811,123 | $3,379,796 | $431,327 |
| 2020 | $40,074 | $3,772,045 | $3,345,140 | $426,905 |
| 2019 | $39,239 | $3,698,084 | $3,279,549 | $418,535 |
| 2018 | $38,455 | $3,625,573 | $3,215,244 | $410,329 |
| 2017 | $37,774 | $3,554,484 | $3,152,200 | $402,284 |
| 2016 | $36,922 | $3,484,789 | $3,090,392 | $394,397 |
| 2015 | $36,503 | $3,432,445 | $3,043,972 | $388,473 |
| 2014 | $35,640 | $3,365,209 | $2,984,345 | $380,864 |
Source: Public Records
Agents Affiliated with this Home
-
-
Jim Jacobs
Buyer's Agent in 2013
Jim Jacobs
Jim Jacobs Realty
(949) 689-4200
12 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: S711602
APN: 048-073-27
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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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