NOT LISTED FOR SALE

518 W Oceanfront Newport Beach, CA 92661

Central Newport Beach Neighborhood

Estimated Value: $6,313,675 - $7,711,000

3 Beds
4 Baths
2,300 Sq Ft
$3,084/Sq Ft Est. Value

About This Home

This home is located at 518 W Oceanfront, Newport Beach, CA 92661 and is currently estimated at $7,092,669, approximately $3,083 per square foot. 518 W Oceanfront 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

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2007
Sold by
Adham Nancy
Bought by
Adham Allen
Current Estimated Value
$7,092,669

Purchase Details

Closed on
Jan 16, 2007
Sold by
Adham Allen
Bought by
Dean Timothy J and Dean Michelle X

Purchase Details

Closed on
Feb 9, 1999
Sold by
516 West Oceanfront Llc
Bought by
Adham Allen

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
6.62%

Purchase Details

Closed on
Dec 3, 1997
Sold by
The Rapp Family Foundation Inc
Bought by
516 W Oceanfront Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,953,000
Interest Rate
6.97%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 15, 1997
Sold by
Rapp Howard B and Rapp Margaret A
Bought by
Rapp Family Foundation Inc
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
Adham Allen -- United Title Company
Dean Timothy J $4,225,000 United Title Company
Adham Allen $1,575,000 Stewart Title
516 W Oceanfront Llc $1,415,000 Stewart Title
Rapp Family Foundation Inc -- --
Rapp Howard B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adham Allen $961,223
Previous Owner Adham Allen $1,000,000
Previous Owner 516 W Oceanfront Llc $1,953,000
Source: Public Records

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 $59,154 $5,549,623 $4,973,838 $575,785
2023 $58,024 $5,440,807 $4,876,311 $564,496
2022 $56,998 $5,334,125 $4,780,697 $553,428
2021 $56,115 $5,229,535 $4,686,958 $542,577
2020 $55,581 $5,175,913 $4,638,899 $537,014
2019 $54,445 $5,074,425 $4,547,940 $526,485
2018 $53,434 $4,974,927 $4,458,765 $516,162
2017 $52,499 $4,877,380 $4,371,338 $506,042
2016 $51,340 $4,781,746 $4,285,626 $496,120
2015 $51,025 $4,709,920 $4,221,252 $488,668
2014 $42,129 $3,885,000 $3,437,875 $447,125
Source: Public Records

Map

California Orange County Newport Beach 92661 Central Newport Beach

518 W Oceanfront, Newport Beach, CA

This home is located at 518 W Oceanfront, Newport Beach, CA 92661 and is currently estimated at $7,092,669, approximately $3,083 per square foot. 518 W Oceanfront 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.

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