SOLD NOV 18, 2014
RENTED JAN 26, 2025
926 E Oceanfront Newport Beach, CA 92661
Balboa Peninsula Point Neighborhood
5
Beds
3
Baths
2,088
Sq Ft
2,178
Sq Ft Lot
Highlights
- Ocean Front
- Dual Staircase
- 1 Car Garage
- Newport Elementary School Rated A
- Property is near a park
- 1-minute walk to Balboa Peninsula Park
About This Home
As of December 2019Amazing opportunity to own a home on the beautiful Newport Beach Balboa Peninsula. Prime location right on the boardwalk with gorgeous ocean views just feet from the sand! Just a short walk to the Balboa Pier, dining, and the Balboa Ferry which takes you right onto beautiful Balboa Island! One of Balboa Peninsula's nicest grass parks is right out front. Also, enjoy easy access to charcoal bonfire pits just beyond the park which leads to the ocean where walks on the beach are a nightly reality! On the other side of Balboa Blvd is the Newport Beach Bay with a small public access point to launch your paddle board, kayak, etc! Truly one of the nicest areas of the Newport Beach Peninsula. Home has tremendous opportunity to develop into one of the Peninsula's loveliest homes because the location couldn't be much better! Family has owned this property for nearly 50 years for a reason! This is an AMAZING development opportunity to truly live the Newport Beach lifestyle near Coastal Waters!
Last Agent to Sell the Property
Patriot Real Estate License #01946859 Listed on: 06/02/2014
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $48,115
Year Built
- Built in 1958
Lot Details
- 2,178 Sq Ft Lot
- Ocean Front
- No Common Walls
Parking
- 1 Car Garage
- Parking Available
Interior Spaces
- 2,088 Sq Ft Home
- 2-Story Property
- Dual Staircase
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Location
- Property is near a park
Listing and Financial Details
- Legal Lot and Block 28 / 14
- Tax Tract Number 104
- Assessor Parcel Number 04814313
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $1,500
- New Taxes Expense $450
- Gross Income $4,400
- Net Operating Income $40,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 13, 2019
Closed on
Nov 12, 2019
Sold by
Li Bin
Bought by
Liu Jing
Seller's Agent
Nick Binesh
Binesh Realty
Buyer's Agent
Fei Li
Keller Williams Realty Irvine
List Price
$4,900,000
Sold Price
$4,230,000
Premium/Discount to List
-$670,000
-13.67%
Total Days on Market
118
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,828,092
Avg. Annual Appreciation
9.77%
Original Mortgage
$2,326,000
Interest Rate
4.75%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 13, 2019
Closed on
Nov 6, 2019
Sold by
Analisa Realty Llc
Bought by
Liu Jing
Seller's Agent
Nick Binesh
Binesh Realty
Buyer's Agent
Fei Li
Keller Williams Realty Irvine
List Price
$4,900,000
Sold Price
$4,230,000
Premium/Discount to List
-$670,000
-13.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,326,000
Interest Rate
4.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 19, 2018
Sold by
Analisa Realty Llc
Bought by
Gaff Nazita
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,681,000
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jan 3, 2018
Sold by
Gaff Nazita
Bought by
Analisa Realty Llc
Purchase Details
Listed on
Jun 2, 2014
Closed on
Dec 19, 2014
Sold by
Gaff Nazita R
Bought by
Analisa Realty Llc
Seller's Agent
Gary Rocha
Patriot Real Estate
Buyer's Agent
Nick Binesh
Binesh Realty
List Price
$3,075,000
Sold Price
$2,295,000
Premium/Discount to List
-$780,000
-25.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%
Purchase Details
Listed on
Jun 2, 2014
Closed on
Oct 8, 2014
Sold by
Westrem William John and Westrem Sharon
Bought by
Gaff Nazita R
Seller's Agent
Gary Rocha
Patriot Real Estate
Buyer's Agent
Nick Binesh
Binesh Realty
List Price
$3,075,000
Sold Price
$2,295,000
Premium/Discount to List
-$780,000
-25.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,377,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jun 24, 2013
Sold by
Westrem William John and Westrem Sharon
Bought by
Westrem William John and Westrem Sharon
Purchase Details
Closed on
Dec 28, 2012
Sold by
Westrem Evelyn M
Bought by
Westrem William John
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Fidelity Natl Ttl Orange Cnt | |
| Grant Deed | $4,230,000 | Fidelity Natl Ttl Orange Cnt | |
| Corporate Deed | -- | Chicago Title Co | |
| Grant Deed | -- | None Available | |
| Grant Deed | -- | None Available | |
| Grant Deed | $2,295,000 | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,300,000 | New Conventional | |
| Closed | $2,326,000 | New Conventional | |
| Previous Owner | $2,681,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $2,650,000 | Construction | |
| Previous Owner | $1,377,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/26/2025 01/26/25 | Rented | $27,000 | 0.0% | -- |
| 01/10/2025 01/10/25 | Price Changed | $27,000 | +8.0% | $10 / Sq Ft |
| 09/23/2024 09/23/24 | Price Changed | $25,000 | -28.6% | $9 / Sq Ft |
| 08/18/2024 08/18/24 | For Rent | $35,000 | 0.0% | -- |
| 12/05/2019 12/05/19 | Sold | $4,230,000 | -10.9% | $1,871 / Sq Ft |
| 10/11/2019 10/11/19 | Pending | -- | -- | -- |
| 08/13/2019 08/13/19 | Price Changed | $4,750,000 | -3.1% | $2,101 / Sq Ft |
| 07/13/2019 07/13/19 | For Sale | $4,900,000 | +113.5% | $2,167 / Sq Ft |
| 11/18/2014 11/18/14 | Sold | $2,295,000 | -25.4% | $1,099 / Sq Ft |
| 09/28/2014 09/28/14 | Pending | -- | -- | -- |
| 06/02/2014 06/02/14 | For Sale | $3,075,000 | -- | $1,473 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $48,115 | $4,535,412 | $3,717,148 | $818,264 |
| 2023 | $46,993 | $4,446,483 | $3,644,263 | $802,220 |
| 2022 | $46,218 | $4,359,298 | $3,572,807 | $786,491 |
| 2021 | $45,330 | $4,273,822 | $3,502,752 | $771,070 |
| 2020 | $44,896 | $4,230,000 | $3,466,836 | $763,164 |
| 2019 | $31,710 | $2,981,927 | $2,316,023 | $665,904 |
| 2018 | $30,391 | $2,858,170 | $2,270,610 | $587,560 |
| 2017 | $23,508 | $2,226,089 | $2,226,089 | $0 |
| 2016 | $24,938 | $2,329,998 | $2,270,841 | $59,157 |
| 2015 | $24,703 | $2,295,000 | $2,236,731 | $58,269 |
| 2014 | $1,729 | $120,152 | $83,957 | $36,195 |
Source: Public Records
Agents Affiliated with this Home
-
Tina Tullett
T
Seller's Agent in 2025
Tina Tullett
Tina Tullett
(949) 432-7174
1 Total Sale
-
NoEmail NoEmail
N
Buyer's Agent in 2025
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
1 in this area
5,570 Total Sales
-
Nick Binesh
Seller's Agent in 2019
Nick Binesh
Binesh Realty
(949) 222-0234
44 Total Sales
-
Fei Li
Buyer's Agent in 2019
Fei Li
Keller Williams Realty Irvine
(949) 353-9999
1 in this area
285 Total Sales
-
Gary Rocha
Seller's Agent in 2014
Gary Rocha
Patriot Real Estate
(949) 887-8096
46 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC14116865
APN: 048-143-38
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