NOT LISTED FOR SALE

Estimated Value: $6,759,000 - $9,238,000

4 Beds
3.5 Baths
2,800 Sq Ft
$2,934/Sq Ft Est. Value

Last Sold August 24, 2021

Last sale price $7,750,000 $2,768 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $57,165/month

5 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Primary Bedroom Suite
  • Newport Elementary School Rated A
  • Fishing
  • Ocean Side of Highway 1

About This Home

As of August 2021

3D Tour Link: www.7202Oceanfront3Dtour.info Here is the Oceanfront Home "on the Sand" you have been dreaming about with views of the picturesque sandy beaches and world class surf of West Newport. This beach house was custom built to "make memories that can be treasured for a lifetime" and has one of the Best locations in Newport Beach. Built in 2002, and extensively upgraded in 2006 - Present. Consider these attributes, features, & upgrades: Large patio on the sand, no busy walkway, dunes in front which add privacy, and little nearby public parking making this section of beach enviably private. Custom features abound throughout this 4 bedroom, 3.5 bath home with 2 car subterranean garage, workshop (ideal to store bikes, surfboards, beach gear) and driveway for 2 additional cars... Having parking on site for family & friends who come to visit is a convenience & luxury that will be appreciated. As you enter this multi-level beach home you are greeted by views of the sand and ocean… stepping down into the spacious living room there is ample room for entertaining, watching TV, or enjoying the cozy fireplace. French doors lead to the oceanfront patio with access to the sand, built-in BBQ, audio system, gas firepit, and plenty of space for dining & lounging. The surf in front of the home is legendary and watching experts ride the waves is spectacular. The kitchen & dining area are elevated to allow ocean views at all times of the day and beautiful sunset views during those special evening meals. For those guests who prefer to avoid traveling a full flight of stairs, there is a VIP Suite on the main level with vaulted ceilings, full bath, and private balcony. The Laundry room & guest powder room are also conveniently located on the main level. On the top level, there are two specious bedrooms which share a hall bath, and the oceanfront master suite which is simply stunning. Additional amenities include skylights provide beautiful natural light throughout the home, vaulted ceilings in all bedrooms, whole-house audio, security system with cameras, custom millwork, limestone & hardwood flooring, and an incredible stainless steel & wood staircase. Whether as a permanent residence or a vacation home, here is your opportunity to spend time with friends & family at an oceanfront paradise in Newport Beach. Interested parties are encouraged to view the 3d Tours & schedule a private tour. Aerial Tour Link: www.7202Oceanfront360AerialTour.info

Last Agent to Sell the Property

Scot Campbell

Coldwell Banker-Campbell Rltrs License #00943759 Listed on: 06/23/2021

Coldwell Banker-Campbell Rltrs

Last Buyer's Agent

Arthur Mangassarian

Re/Max Tri-City Realty License #00751703

Re/Max Tri-City Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $85,234

Year Built

  • Built in 2002 | Remodeled

Lot Details

  • 2,252 Sq Ft Lot
  • Beach Front
  • Landscaped
  • Backyard Sprinklers

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces
  • Parking Available

Property Views

  • White Water Ocean
  • Views of a pier
  • Catalina
  • Panoramic

Home Design

  • Contemporary Architecture
  • Turnkey
  • Raised Foundation
  • Slab Foundation

Interior Spaces

  • 2,800 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Blinds
  • French Doors
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Walk-In Pantry
  • Gas Cooktop
  • Freezer
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet

Home Security

  • Home Security System
  • Security Lights
  • Intercom
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Ocean Side of Highway 1
  • Tile Patio or Porch
  • Exterior Lighting

Schools

  • Newport Elementary School
  • Ensign Middle School
  • Harbor High School

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 2 / L
  • Tax Tract Number 709
  • Assessor Parcel Number 04502312

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing
  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$85,234

Year Built

Built in 2002 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Security Lights, Security System, Smoke Detector(s)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04502312
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2800.00 Square Feet
  • Interior Amenities: Built-in Features, Intercom, Storage
  • Stories: 3
  • Entry Location: 2
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Eating Area: Dining Room
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2767.86
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Master Suite, Two Masters, Walk-In Closet, Walk-In Pantry
  • Window Features: Blinds
  • Room Kitchen Features: Remodeled Kitchen, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Raised, Slab
  • View: Catalina, Ocean, Panoramic, Pier, Water, White Water
  • Patio And Porch Features: Tile
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Subterranean
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Disposal, Gas Cooktop, Refrigerator, Trash Compactor
  • Heating Type: Central, Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Fishing, Watersports, Street Lights

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport
  • Middle School: Ensign
  • High School: Harbor
  • Elementary School: Newport
  • High School: Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWPOR
  • High School2: HARBOR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Sprinklers In Rear
  • Lot Size Sq Ft: 2252.00
  • Lot Size Acres: 0.0517

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2252.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Beach Front, Ocean Front, Ocean Side Of Highway 1

Tax Info

  • Tax Block: L
  • Tax Census Tract: 635.00
  • Tax Lot: 2
  • Tax Tract Number: 709

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Jul 8, 2021
Sold by
Houx Michael R and Houx Debra A
Bought by
Amirian Bobken and Amirian Hasmik
Seller's Agent
Scot Campbell
Coldwell Banker-Campbell Rltrs
Buyer's Agent
Arthur Mangassarian
Re/Max Tri-City Realty
List Price
$7,750,000
Sold Price
$7,750,000
Current Estimated Value
$9,187,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,437,815
Avg. Annual Appreciation
2.56%
Original Mortgage
$4,650,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2011
Sold by
Schaeffer Glenn W
Bought by
Houx Michael R and Houx Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,150,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2005
Sold by
Landau Ellis and Landau Yvette E
Bought by
Constellation Partners Llc

Purchase Details

Closed on
Aug 27, 1996
Sold by
Battelle Clifford Z and Battelle Sheree L
Bought by
Schaeffer Glenn W and Glenn W & Renee S Schaeffer Family Trust
Source: Public Records

Range of Values:

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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
Amirian Bobken $7,750,000 Orange Coast Title
Houx Michael R $4,500,000 Stewart Title Company
Constellation Partners Llc $1,662,500 --
Schaeffer Glenn W $1,060,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Amirian Bobken $4,650,000
Previous Owner Houx Michael R $3,840,000
Previous Owner Houx Michael R $3,150,000
Previous Owner Houx Michael R $3,150,000
Previous Owner Schaeffer Glenn W $4,080,000
Previous Owner Schaeffer Glenn W $3,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2021 08/24/21 Sold $7,750,000 0.0% $2,768 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $7,750,000 -- $2,768 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $85,234 $8,224,362 $7,850,736 $373,626
2024 $85,234 $8,063,100 $7,696,800 $366,300
2023 $83,248 $7,905,000 $7,545,882 $359,118
2022 $81,880 $7,750,000 $7,397,923 $352,077
2021 $56,403 $5,326,247 $4,957,138 $369,109
2020 $55,863 $5,271,633 $4,906,308 $365,325
2019 $54,695 $5,168,268 $4,810,106 $358,162
2018 $53,601 $5,066,930 $4,715,790 $351,140
2017 $52,651 $4,967,579 $4,623,324 $344,255
2016 $51,463 $4,870,176 $4,532,671 $337,505
2015 $50,982 $4,797,022 $4,464,586 $332,436
2014 $49,779 $4,703,055 $4,377,130 $325,925
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21125204

California Regional Multiple Listing Service (CRMLS)

APN: 045-023-12