1001 N Bay Front Newport Beach, CA 92662
Balboa Island NeighborhoodEstimated Value: $5,751,000 - $7,982,497
2
Beds
2.5
Baths
2,500
Sq Ft
$2,756/Sq Ft
Est. Value
Highlights
- Private Dock Site
- Property Fronts a Bay or Harbor
- Rooftop Deck
- Abraham Lincoln Elementary School Rated A
- Boat Slip
- Primary Bedroom Suite
About This Home
As of March 2019Gracing a desirable sunset-corner lot, this Balboa Island bayfront home with private dock is a masterpiece. Peninsula Custom Builders and Scott Laidlaw collaborated to create a residence of the highest quality with a superb use of material. The home optimizes the views of the waterfront activity blending modern amenities and a generously proportioned living area to set the stage for stylish living. Sited on the famed boardwalk, the island lifestyle is enhanced by main-level openness to the patio and bay via disappearing sliders. Dock your 30’+ boat on the newly built slip w/ seating area. Art fuses with function as you are welcomed by an 8’ custom door and a home has keen attention to style, customization and sophistication as observed in the home’s unique resources including: St Croix limestone, mahogany and rose woods, riglet detail, Calacatta marble, custom millwork, onyx and ocean-blue lava stone, lotus gold granite fireplaces, heated patio and enhanced illumination to name a few. Gatherings are encouraged and the chefs kitchen plus full-service butler’s pantry create the perfect environment to host. The master suite further radiates the remarkable nature of this home and welcomes the water vistas behind a retreating slider: this suite contains a large bedroom, vaulted, wood ceilings, his/her closets, steam shower and must-see harbor views. Second level also has a resort quality guest suite and laundry room. Roof deck with forever views. Showroom-style garage
Last Agent to Sell the Property
Surterre Properties Inc. License #01823391 Listed on: 09/26/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $73,466
Year Built
- Built in 2012
Lot Details
- 2,550 Sq Ft Lot
- Property Fronts a Bay or Harbor
- Stone Wall
- Density is up to 1 Unit/Acre
Parking
- 2 Car Attached Garage
- Parking Available
- Rear-Facing Garage
Property Views
- Bay
- City Lights
Home Design
- Modern Architecture
- Patio Home
- Slab Foundation
- Stone Siding
Interior Spaces
- 2,500 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Wired For Sound
- Wired For Data
- Built-In Features
- Beamed Ceilings
- Cathedral Ceiling
- Sliding Doors
- Great Room
- Family Room Off Kitchen
- Living Room with Fireplace
- Stone Flooring
Kitchen
- Updated Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Walk-In Pantry
- Butlers Pantry
- Double Oven
- Six Burner Stove
- Built-In Range
- Range Hood
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Stone Countertops
- Self-Closing Drawers
- Utility Sink
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Fireplace in Primary Bedroom
- All Upper Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Upgraded Bathroom
- Stone Bathroom Countertops
- Makeup or Vanity Space
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Soaking Tub
- Walk-in Shower
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Laundry on upper level
- 220 Volts In Laundry
- Washer Hookup
Outdoor Features
- Boat Slip
- Private Dock Site
- Docks
- Balcony
- Rooftop Deck
- Stone Porch or Patio
- Fire Pit
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- 220 Volts in Garage
- Natural Gas Connected
- Tankless Water Heater
- Gas Water Heater
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 16
- Tax Tract Number 101
- Assessor Parcel Number 05013106
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 26, 2018
Closed on
Mar 4, 2019
Sold by
Cancellier Jack A and Jack A Cancellieri Living Trus
Bought by
Vestibule Llc
Seller's Agent
Ronnie Beauchamp-Cancellieri
Surterre Properties Inc.
Buyer's Agent
Jerri Davis
Pacific Sotheby's Int'l Realty
List Price
$7,495,000
Sold Price
$6,350,000
Premium/Discount to List
-$1,145,000
-15.28%
Total Days on Market
155
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
$539,874
Avg. Annual Appreciation
0.99%
Purchase Details
Closed on
Nov 15, 2012
Sold by
Cancellieri Jack A
Bought by
Cancellieri Jack A and Jack A Cancellieri Living Trust
Purchase Details
Closed on
May 5, 2009
Sold by
Seat Robert and Seat Sandra
Bought by
Cancellieri Jack A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,925,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 2, 2008
Sold by
Matteson Katherine R and Matteson Kay
Bought by
Matteson Katherine R and Kay Matteson Separate Property Trust
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vestibule Llc | $6,350,000 | Chicago Title Company | |
| Cancellieri Jack A | -- | None Available | |
| Cancellieri Jack A | $4,500,000 | First American Title Company | |
| Matteson Katherine R | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vestibule Llc | $4,000,000 | |
| Closed | Vestibule Llc | $4,000,000 | |
| Previous Owner | Cancellieri Jack A | $2,834,000 | |
| Previous Owner | Cancellieri Jack A | $2,934,000 | |
| Previous Owner | Cancellieri Jack A | $2,925,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/29/2019 03/29/19 | Sold | $6,350,000 | -9.2% | $2,540 / Sq Ft |
| 02/26/2019 02/26/19 | Pending | -- | -- | -- |
| 11/01/2018 11/01/18 | Price Changed | $6,995,000 | -6.7% | $2,798 / Sq Ft |
| 09/24/2018 09/24/18 | For Sale | $7,495,000 | -- | $2,998 / 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 | $73,466 | $6,944,651 | $6,066,117 | $878,534 |
| 2023 | $71,753 | $6,808,482 | $5,947,174 | $861,308 |
| 2022 | $70,574 | $6,674,983 | $5,830,563 | $844,420 |
| 2021 | $69,217 | $6,544,101 | $5,716,238 | $827,863 |
| 2020 | $68,553 | $6,477,000 | $5,657,625 | $819,375 |
| 2019 | $60,241 | $5,695,737 | $5,005,662 | $690,075 |
| 2018 | $59,035 | $5,584,056 | $4,907,511 | $676,545 |
| 2017 | $57,989 | $5,474,565 | $4,811,285 | $663,280 |
| 2016 | $56,679 | $5,367,221 | $4,716,946 | $650,275 |
| 2015 | $56,151 | $5,286,601 | $4,646,093 | $640,508 |
| 2014 | $54,825 | $5,183,044 | $4,555,082 | $627,962 |
Source: Public Records
Agents Affiliated with this Home
-
Ronnie Beauchamp-Cancellieri
Seller's Agent in 2019
Ronnie Beauchamp-Cancellieri
Surterre Properties Inc.
(949) 795-0873
24 Total Sales
-
Jon Flagg
Seller Co-Listing Agent in 2019
Jon Flagg
Pacific Sotheby's Int'l Realty
(949) 698-1910
2 in this area
134 Total Sales
-
Jerri Davis
Buyer's Agent in 2019
Jerri Davis
Pacific Sothebys
(949) 795-2180
17 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP18232948
APN: 050-131-06
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