1200 W Oceanfront Newport Beach, CA 92661

$8,000,000 Sold Price as of 12/21/2012

5 Beds
2 Baths
2,543 Sq.Ft.

Off Market

$8,000,000 Sold Price as of 12/21/2012 Refinance Your Mortgage

Map preview of 1200 W Oceanfront, Newport Beach, CA 92661

Property Overview: 1200 W Oceanfront Newport Beach, CA has 5 bedrooms, 2 bathrooms, 2,543 living square feet and 4,043 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1200 W Oceanfront is currently an off market home in the city of Newport Beach. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Newport Beach has a median list price of $4,350,000. The median price per/sqft for Newport Beach is $1,518. With those numbers in mind, if you are looking to purchase a median priced home in Newport Beach, CA and put 20% down you will need to save up $870,000 for the down payment and will need roughly $87,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Newport Beach the commission could be as much as $185,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1200 W Oceanfront

Last leased for $6,500 on September 15th, 2018

September, 2018
Sep 18, 2018

Date

Leased

CRMLS: NP18095591

$6,500

Price
Jul 5, 2018

Date

Price Change

CRMLS: NP18095591

$8,500

Price
Apr 25, 2018

Date

Active

CRMLS: NP18095591

$9,500

Price
Listing provided courtesy of CRMLS

Fantastic Newport Beach Peninsula Oceanfront Four Bedroom Two and One Half Bath Single Family Home. Located right on the oceanfront between the Balboa and Newport Pier, this wonderful single-family home offers an amazing location, within a short walk to downtown Newport Beach Pier shops and restaurants. Relax on the spacious front patio and soak in the sun or set up a barbecue and grill. As you walk in the home, you are greeted by a spacious living room with cozy fireplace and laminate wood flooring. There is a small dining nook and half bath just off of the living area. The kitchen has laminate wood flooring, dishwasher, gas range, and refrigerator. There is a separate washer dryer room inside the home with hookups for a washer dryer. As you head upstairs, you will find Four spacious carpeted bedrooms and two more baths. The master bedroom is very spacious and has an amazing view of the ocean. There is also a huge private back patio that is perfect for entertaining.

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December, 2012
Dec 21, 2012

Date

Sold (Public Records)

Public Records

$8,000,000

Price

Tax History for 1200 W Oceanfront

Assessed Value (2020): $4,911,135

Year	Land Value	Improved Value	Assessed Value
2020	$4,828,297	$82,838	$4,911,135

About 1200 W Oceanfront

Detailed summary of property

1200 W Oceanfront is a single family home in Newport Beach, CA 92661 and last sold on December 21, 2012 for $8,000,000. This house has 5 bedrooms, 2 bathrooms, roughly 2,543 living square feet, and sits on an approximately 4,043 square foot lot. Homes in Newport Beach are selling for a median price of $3,700,000 and a median price per square foot of $1,360. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 116.22% higher than the current median priced home. 1200 W Oceanfront was last sold on December 21, 2012 for $8,000,000. Local nearby listings include 600 E Oceanfront #1D, 129 Topaz Ave and 1202 S Bay Front. The average home in Newport Beach, CA is selling in 79 days. There are currently 301 homes for sale in the Newport Beach real estate market and 224 of them are single family homes while 65 of them are condos and 12 are townhomes. If you are the homeowner and looking to sell the home at 1200 W Oceanfront Newport Beach, CA 92661 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 1200 W Oceanfront

Public county record property details

Beds: 5
Baths: 2
Year built: 1927
Sq. Ft.: 2,543
Lot Size: 4,043
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Orange
Lot#: --
APN: 047-241-29

The source for these homes facts are from public records.

92661 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$6,695,000

Median List Price/Sq.Ft.

$2,144

Median Sold Price

$4,625,000

Median Sold Price/Sq.Ft.

$1,741

Total Inventory

Median Sale to List Price %

92.59%

Avg Days on Market

Loan Type

Conventional (12.5%), FHA (0%), VA (0%), Cash (37.5%), Other (37.5%)

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