NOT LISTED FOR SALE

Estimated Value: $1,948,731 - $3,333,000

2 Beds
2 Baths
879 Sq Ft
$3,001/Sq Ft Est. Value

About This Home

This home is located at 720 W Oceanfront, Newport Beach, CA 92661 and is currently estimated at $2,637,683, approximately $3,000 per square foot. 720 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
Oct 3, 2024
Sold by
Wright Eric P
Bought by
Wright Eric P
Current Estimated Value
$2,637,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$742,999
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$1,811,535
Source: Public Records

Range of Values:

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

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Wright Eric P -- Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Eric P $750,000
Previous Owner Wright Eric P $183,000
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
2025 $8,200 $756,741 $727,451 $29,290
2024 $8,200 $741,903 $713,187 $28,716
2023 $8,005 $727,356 $699,203 $28,153
2022 $7,869 $713,095 $685,494 $27,601
2021 $7,720 $699,113 $672,053 $27,060
2020 $7,645 $691,945 $665,162 $26,783
2019 $7,492 $678,378 $652,120 $26,258
2018 $7,345 $665,077 $639,333 $25,744
2017 $7,216 $652,037 $626,797 $25,240
2016 $7,057 $639,252 $614,506 $24,746
2015 $6,989 $629,650 $605,275 $24,375
2014 $6,825 $617,317 $593,419 $23,898
Source: Public Records

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