942 W Oceanfront Newport Beach, CA 92661
Central Newport Beach NeighborhoodEstimated Value: $5,384,000 - $9,400,000
6
Beds
6
Baths
4,987
Sq Ft
$1,467/Sq Ft
Est. Value
Highlights
- Beach Front
- White Water Ocean Views
- Fishing
- Newport Elementary School Rated A
- Property has ocean access
- Ocean Side of Highway 1
About This Home
As of December 2015JUST REDUCED!!! AMAZING 40 FOOT WIDE OCEANFRONT CORNER LOT/ 3 CAR GARAGE. Located at 10th and Oceanfront on the Balboa Peninsula, directly between the Newport Pier and Balbo Pier . With views of both of the piers, this home also boasts stunning sit down panoramic Catalina ocean views, looking over the lifeguard towers out to the white water of the pacific ocean. This home offers 6 bedrooms and 6 bathrooms with a gourmet family room kitchen and offers a desired downstairs bedroom and bathroom. Another awesome feature of this property is the ability to compartmentalize the home into two separate units. The upper rear of the home can be privatized creating a private 2 bedroom, 2 bathroom deluxe apartment with a private entrance, appointed with a second high end kitchen and private deck which has a big ocean view looking over 10th Street to the beach and water. Formal and Casual dining rooms, with the formal having a sit down ocean view, high end accommodations for friends and family, So-Cal's best surfing in your front yard, and the ability to walk to the best of what Newport Beach has to offer... it doesn't get any better! 942 W. Oceanfront in Newport Beach is paradise. First showings were in August due to remodel. Disregard Days on Market
Last Agent to Sell the Property
Surterre Properties Inc. License #01503663 Listed on: 04/07/2015
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $70,329
Year Built
- Built in 2000
Lot Details
- 4,078 Sq Ft Lot
- Lot Dimensions are 39.79x102.5
- Beach Front
- Corner Lot
Parking
- 3 Car Attached Garage
Property Views
- White Water Ocean
- Coastline
- Catalina
- Panoramic
- City Lights
Home Design
- Traditional Architecture
Interior Spaces
- 4,987 Sq Ft Home
- Fireplace
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Full Bathrooms
Outdoor Features
- Property has ocean access
- Ocean Side of Highway 1
- Deck
- Wrap Around Porch
- Open Patio
- Exterior Lighting
Location
- Property is near a park
- Property is near public transit
Utilities
- Cooling Available
Listing and Financial Details
- Tax Lot 11
- Tax Tract Number 234
- Assessor Parcel Number 04728123
Community Details
Overview
- No Home Owners Association
Recreation
- Fishing
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 7, 2015
Closed on
Nov 12, 2015
Sold by
Torgerson Jerry A
Bought by
Torgerson Dawn
Seller's Agent
Chris Moreno
Surterre Properties Inc.
Buyer's Agent
Chris Moreno
Surterre Properties Inc.
List Price
$6,300,000
Sold Price
$5,669,500
Premium/Discount to List
-$630,500
-10.01%
Total Days on Market
184
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
$1,644,642
Original Mortgage
$4,000,000
Interest Rate
3.76%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 7, 2015
Closed on
Oct 14, 2015
Sold by
Torgerson Dawn
Bought by
Robershotte Lynn A and Lynn A Robershotte Trust
Seller's Agent
Chris Moreno
Surterre Properties Inc.
Buyer's Agent
Chris Moreno
Surterre Properties Inc.
List Price
$6,300,000
Sold Price
$5,669,500
Premium/Discount to List
-$630,500
-10.01%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
3.76%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 20, 2003
Sold by
Schuler Becky L
Bought by
Schuler Becky and The Becky Schuler Family Trust
Purchase Details
Closed on
Nov 28, 2001
Sold by
Torgerson Dawn M
Bought by
Torgerson Dawn and The Dawn Torgerson Living Trust
Purchase Details
Closed on
Jul 24, 1998
Sold by
Bank Of America National Tr & Svgs Assn
Bought by
Torgerson Dawn M and Schuler Becky L
Similar Homes in Newport Beach, CA
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Torgerson Dawn | -- | Ticor Title | |
| Robershotte Lynn A | $5,669,500 | Ticor Title | |
| Schuler Becky | -- | -- | |
| Torgerson Dawn | -- | -- | |
| Torgerson Dawn M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Robershotte Lynn A | $4,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/01/2015 12/01/15 | Sold | $5,669,500 | -5.5% | $1,137 / Sq Ft |
| 10/08/2015 10/08/15 | Pending | -- | -- | -- |
| 09/18/2015 09/18/15 | Price Changed | $5,999,000 | -4.8% | $1,203 / Sq Ft |
| 04/07/2015 04/07/15 | For Sale | $6,300,000 | -- | $1,263 / 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 | $70,329 | $6,579,938 | $5,487,152 | $1,092,786 |
| 2023 | $69,192 | $6,450,920 | $5,379,561 | $1,071,359 |
| 2022 | $67,916 | $6,324,432 | $5,274,080 | $1,050,352 |
| 2021 | $66,981 | $6,200,424 | $5,170,667 | $1,029,757 |
| 2020 | $66,347 | $6,136,847 | $5,117,648 | $1,019,199 |
| 2019 | $65,006 | $6,016,517 | $5,017,302 | $999,215 |
| 2018 | $63,880 | $5,898,547 | $4,918,924 | $979,623 |
| 2017 | $62,772 | $5,782,890 | $4,822,475 | $960,415 |
| 2016 | $61,401 | $5,669,500 | $4,727,916 | $941,584 |
| 2015 | $24,130 | $2,084,438 | $1,395,032 | $689,406 |
| 2014 | $23,580 | $2,043,607 | $1,367,705 | $675,902 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Moreno
Seller's Agent in 2015
Chris Moreno
Surterre Properties Inc.
(949) 280-6357
2 in this area
58 Total Sales
-
Cassie Hammond
C
Seller Co-Listing Agent in 2015
Cassie Hammond
Surterre Properties Inc.
(949) 500-5569
2 in this area
27 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP15076972
APN: 047-281-23
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.
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
Nearby Homes
- 1113 W Balboa Blvd
- 812 W Bay Ave
- 1209 W Balboa Blvd
- 1213 W Balboa Blvd
- 706 W Oceanfront
- 1245 W Balboa Blvd
- 616 W Oceanfront
- 1320 W Balboa Blvd
- 523 W Balboa Blvd
- 309 Lindo Ave
- 105 Via Waziers
- 502 W Balboa Blvd
- 129 Via Waziers
- 506 W Oceanfront
- 506 W Oceanfront Unit 2
- 103 Via San Remo
- 133 Via Venezia
- 636 Via Lido Soud
- 111 Via San Remo
- 1436 W Bay Ave
- 942 W Oceanfront
- 938 W Oceanfront
- 1000 W Oceanfront
- 930 W Oceanfront
- 1008 W Oceanfront
- 107 10th St
- 928 W Oceanfront
- 951 W Balboa Blvd
- 1004 W Oceanfront
- 945 W Balboa Blvd
- 943 W Balboa Blvd
- 947 W Balboa Blvd
- 924 W Oceanfront
- 1005 W Balboa Blvd
- 1001 W Balboa Blvd
- 935 & 937 W Balboa Blvd W
- 935 W Balboa Blvd
- 1009 W Balboa Blvd Unit A
- 1009 W Balboa Blvd Unit B
- 1009 W Balboa Blvd