NOT LISTED FOR SALE

724 Harbor Island Dr Newport Beach, CA 92660

Bayside Neighborhood

Estimated Value: $7,782,441 - $9,051,000

4 Beds
4 Baths
4,007 Sq Ft
$2,145/Sq Ft Est. Value

Last Sold September 21, 2012

Last sale price $4,750,000 $1,185 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $51,120/month

74 Days on Market

Highlights

  • Marina View
  • Spa
  • Deck
  • Abraham Lincoln Elementary School Rated A
  • Cape Cod Architecture
  • Wood Flooring

About This Home

As of September 2012

This magnificant Cape Cod waterfront on Promontory Bay was contructed in 2009 with the finest quality materials, craftsmanship, design and unobstructed views of the bay. Meticulous attention to detail and no expense spared with custom walnut floors, solid mahogany doors, formal dining, living and family rooms, open gourmet kitchen with Calcutta marble counters, island with walnut top, butlers pantry, wine unit and stainless appliances from Viking. Featuring 3 bedrooms with ensuite baths plus first floor office and adjacent bath that could be a 4th bedroom. The opulent master bath with imported marble, spa tub and steam shower accompanies the spacious bayfront master suite with dual closets. A $200K Crestron security and A/V system runs throughout the home. Private courtyard entry, bayfront patio with spa, sun deck and captivating veranda off the master. All exterior flooring and 3 fireplaces are constructed of hand cut ledger stone. Docks w/Trex decking to fit two 50' and one 25' boat

Last Agent to Sell the Property

Dean Lueck

Compass License #01752859 Listed on: 06/26/2012

Compass

Last Buyer's Agent

Dean Lueck

Compass License #01752859 Listed on: 06/26/2012

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,733

Year Built

  • Built in 2009

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Privacy Fence
  • Fenced

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway

Property Views

  • Marina
  • Bay
  • Harbor

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Wood Roof

Interior Spaces

  • 4,007 Sq Ft Home
  • Built-In Features
  • Crown Molding
  • Coffered Ceiling
  • Ceiling Fan
  • Fireplace
  • Double Pane Windows
  • Custom Window Coverings
  • French Doors
  • Family Room
  • Dining Room
  • Den
  • Home Security System

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Oven or Range
  • Cooktop with Range Hood
  • Warming Drawer
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Spa
  • Deck
  • Covered Patio or Porch
  • Lanai
  • Fire Pit

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Water Purifier

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 3867
  • Assessor Parcel Number 05043109

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,733

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 949-275-1801
  • Property Attached: No
  • Security: Closed Circuit Camera(s), Security System
  • Subdivision Name Other: Harbor Island 'Drive'
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05043109
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4007.00
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Coffered Ceiling(s), Crown Molding
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Fire Pit
  • Levels: Two
  • Price Per Square Foot: 1185.43
  • Room Type: Den, Family Room, Walk-In Closet
  • Spa Features: Private
  • Window Features: Custom Covering, Double Pane Windows

Exterior Features

  • Patio: Yes
  • View: Bay, Harbor, Marina, Water
  • Fence: Yes
  • Fencing: Privacy
  • Patio And Porch Features: Covered, Deck, Lanai, Stone
  • Pool Private: No
  • Roof: Shingle, Wood
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Direct Garage Access
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Appliances: Double Oven, Dishwasher, Gas Cooking, Range Hood, Microwave, Range, Refrigerator, Cooktop, Warming Drawer, Water Purifier
  • Heating Type: Central, Forced Air
  • Laundry Features: In Kitchen, Inside, Individual Room
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 30.00
  • Phone: 000-000-0000
  • Senior Community: No

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Size: 50x100
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1150

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5000.0000 Square Feet

Tax Info

  • Tax Lot: 15
  • Tax Tract Number: 3867

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2012
Closed on
Sep 12, 2012
Sold by
Jackson Douglas and Jackson Jeanne
Bought by
Sears Larry and Sears Carol
Seller's Agent
Dean Lueck
Compass
Buyer's Agent
Dean Lueck
Compass
List Price
$5,500,000
Sold Price
$4,750,000
Premium/Discount to List
-$750,000
-13.64%
Current Estimated Value
$8,453,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,703,203
Avg. Annual Appreciation
3.55%

Purchase Details

Closed on
Jun 14, 2005
Sold by
Dealmeida Gerson L
Bought by
Jackson Douglas and Jackson Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
5.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 19, 2003
Sold by
Dealmeida Gerson L
Bought by
Dealmeida Gerson L and The Gerson L Dealmeida Revocable Living

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$835,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2002
Sold by
Dealmeida Gerson L
Bought by
Dealmeida Gerson L and Gerson L Dealmeida Revocable Living Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
5.95%

Purchase Details

Closed on
Feb 14, 2001
Sold by
Dealmeida Gerson L
Bought by
Dealmeida Gerson L and Gerson L Dealmeida Revocable Living Tr

Purchase Details

Closed on
Feb 9, 2001
Sold by
Dealmeida Sharon L
Bought by
Dealmeida Gerson L

Purchase Details

Closed on
Sep 17, 1999
Sold by
Mcdonald Robert G
Bought by
Dealmeida Gerson L and Dealmeida Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
7.25%

Purchase Details

Closed on
Jun 26, 1997
Sold by
Mcdonald Leslie S
Bought by
Mcdonald Robert G
Source: Public Records

Range of Values:

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Average Value
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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
Sears Larry $4,750,000 Western Resources Title
Jackson Douglas $3,200,000 California Title Company
Dealmeida Gerson L -- Southland Title
Dealmeida Gerson L -- Southland Title
Dealmeida Gerson L -- --
Dealmeida Gerson L -- Stewart Title
Dealmeida Gerson L -- --
Dealmeida Gerson L -- --
Dealmeida Gerson L $1,500,000 Chicago Title Co
Mcdonald Robert G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jackson Douglas $3,382,000
Previous Owner Jackson Douglas $560,000
Previous Owner Jackson Douglas $2,000,000
Previous Owner Dealmeida Gerson L $835,000
Previous Owner Dealmeida Gerson L $990,000
Previous Owner Dealmeida Gerson L $990,000
Previous Owner Dealmeida Gerson L $1,000,000
Previous Owner Dealmeida Gerson L $1,100,000
Closed Dealmeida Gerson L $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2012 09/21/12 Sold $4,750,000 -10.3% $1,185 / Sq Ft
08/15/2012 08/15/12 Price Changed $5,295,000 -3.7% $1,321 / Sq Ft
06/26/2012 06/26/12 For Sale $5,500,000 -- $1,373 / 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 $60,733 $5,849,281 $4,211,732 $1,637,549
2024 $60,733 $5,734,590 $4,129,149 $1,605,441
2023 $59,317 $5,622,148 $4,048,186 $1,573,962
2022 $58,341 $5,511,910 $3,968,810 $1,543,100
2021 $57,220 $5,403,834 $3,890,990 $1,512,844
2020 $56,671 $5,348,425 $3,851,093 $1,497,332
2019 $55,487 $5,243,554 $3,775,581 $1,467,973
2018 $54,377 $5,140,740 $3,701,550 $1,439,190
2017 $53,413 $5,039,942 $3,628,971 $1,410,971
2016 $52,207 $4,941,120 $3,557,815 $1,383,305
2015 $51,720 $4,866,900 $3,504,373 $1,362,527
2014 $50,499 $4,771,565 $3,435,728 $1,335,837
Source: Public Records

Agents Affiliated with this Home

  • Dean Lueck

    Seller's Agent in 2012

    Dean Lueck

    Compass

    (949) 275-1801

    1 in this area

    144 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S703006

California Regional Multiple Listing Service (CRMLS)

APN: 050-431-09

California Orange County Newport Beach 92660 Bayside

724 Harbor Island Dr, Newport Beach, CA

This home is located at 724 Harbor Island Dr, Newport Beach, CA 92660 since 26 June 2012 and is currently estimated at $8,593,814, approximately $2,144 per square foot. This property was built in 2009. 724 Harbor Island Dr is a home located in Orange County with nearby schools including Abraham Lincoln Elementary School, Corona del Mar Middle and High School, and International School for Science & Culture.

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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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