$5,141,000 - $13,039,357
RENTED FEB 1, 2025
4 Beds
5 Baths
5,003 Sq Ft
$1,783 Price per Sq Ft

Last Sold April 09, 2021

Last sale price $9,300,000 $1,859 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $56,020/month

About This Home

As of April 2021

Furnished spacious four bedroom, five bath vacation home located on the bayside of the Balboa peninsula in Newport Beach. With two full kitchens and multiple entertaining areas. The first level opens to a fire pit and outdoor dining space. Walk up the spiral staircase or take the elevator to the second level primary bedroom retreat with glass walls to take in the bayside views. The full office and workout gym is also located on the second level. Play on the Steinway grand piano, or play a game of pool or cards in the third level entertaining areas. World class dining, shopping, and beaches are located a walk away.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Mar 30, 2021
Sold by
Pasquale Douglas Mario and Pasquale Teresa Kathleen
Bought by
Li Bin
Seller's Agent
Dean Lueck
Compass
Buyer's Agent
Fei Li
Keller Williams Realty Irvine
List Price
$9,995,000
Sold Price
$9,300,000
Premium/Discount to List
-$695,000
-6.95%
Current Estimated Value
$8,918,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$381,161
Avg. Annual Appreciation
-1.01%
Original Mortgage
$6,000,000
Outstanding Balance
$5,559,282
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$3,359,558

Purchase Details

Closed on
Sep 13, 2016
Sold by
Pasquale Douglas M and Pasquale Teresa K
Bought by
Pasquale Douglas Mario and Pasquale Teresa Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,105,000
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 18, 2009
Sold by
Pasquale Douglas Mario and Pasquale Teresa Kathleen
Bought by
Pasquale Douglas Mario and Pasquale Teresa Kathleen

Purchase Details

Closed on
Oct 17, 2007
Sold by
Pasquale Douglas and Pasquale Teresa
Bought by
Pasquale Douglas Mario and Pasquale Teresa Kathleen

Purchase Details

Closed on
Jan 6, 2006
Sold by
Siegel Allen
Bought by
Siegel Allen and Siegel Living Trust

Purchase Details

Closed on
Apr 2, 2004
Sold by
A & W Siegel Investments Llc
Bought by
Siegel Wallace H and Siegel Phyllis F

Purchase Details

Closed on
Jan 13, 1998
Sold by
Siegel Wallace H and Siegel Phyllis F
Bought by
A & W Siegel Investments Llc
Source: Public Records

Range of Values:

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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
Li Bin $9,300,000 Fidelity Natl Ttl Orange Cnt
Pasquale Douglas Mario -- Old Republic Title Company
Pasquale Douglas M -- Old Republic Title Company
Pasquale Douglas Mario -- Accommodation
Pasquale Douglas Mario -- None Available
Siegel Allen -- None Available
Siegel Allen -- None Available
Siegel Wallace H -- --
A & W Siegel Investments Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Bin $6,000,000
Previous Owner Pasquale Douglas M $1,105,000
Previous Owner Pasquale Douglas M $1,100,000
Previous Owner Pasquale Douglas M $1,100,000
Previous Owner Pasquale Douglas $3,340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2025 02/01/25 Rented $38,000 -2.6% --
10/29/2024 10/29/24 Off Market $39,000 -- --
09/23/2024 09/23/24 Price Changed $39,000 -13.3% $8 / Sq Ft
08/18/2024 08/18/24 For Rent $45,000 0.0% --
04/09/2021 04/09/21 Sold $9,300,000 -7.0% $1,755 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
11/18/2020 11/18/20 For Sale $9,995,000 -- $1,886 / Sq Ft

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 $104,238 $9,869,234 $8,667,259 $1,201,975
2023 $101,811 $9,675,720 $8,497,313 $1,178,407
2022 $100,139 $9,486,000 $8,330,699 $1,155,301
2021 $62,776 $5,931,923 $4,717,194 $1,214,729
2020 $62,174 $5,871,099 $4,668,825 $1,202,274
2019 $60,874 $5,755,980 $4,577,280 $1,178,700
2018 $59,656 $5,643,118 $4,487,529 $1,155,589
2017 $58,599 $5,532,469 $4,399,538 $1,132,931
2016 $57,275 $5,423,990 $4,313,273 $1,110,717
2015 $56,741 $5,342,517 $4,248,484 $1,094,033
2014 $55,402 $5,237,865 $4,165,262 $1,072,603
Source: Public Records

Agents Affiliated with this Home

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