NOT LISTED FOR SALE

Estimated Value: $4,692,000 - $5,840,000

3 Beds
3 Baths
1,883 Sq Ft
$2,787/Sq Ft Est. Value

Last Sold May 13, 2019

Last sale price $3,772,000 $2,003 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $31,069/month

6 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Primary Bedroom Suite
  • Newport Elementary School Rated A
  • Property has ocean access
  • Custom Home

About This Home

As of May 2019

Highly desirable Balboa Peninsula bay front home built in 2011 with shingle and clapboard siding. Located on the prestigious Edgewater Avenue walkway, this custom home features views of the main turning basin, Newport harbor, city lights, and is completed by a white sand beach in front of the home. The versatile floor plan features open room concepts and can function as a single family home or a single family with guest quarters. The first level features an open floor plan with a living room, fireplace, galley kitchen, bay front patio, bedroom, a bathroom, and an oversized garage. The second story showcases the bay front views with an open flowing living room, fireplace, deck, chefs kitchen, and a spacious master bedroom completed with a walk in closet, oversized bathroom, and tub. Finishes include dual tankless water heaters, dual zone heating and cooling, bronze hardware throughout, and much more. Walk to the Balboa Fun Zone, Newport Harbor Yacht Club, and enjoy all of Newport amenities right outside your front door. To top it all off there is a roof top deck to take in Newports glorious sunset and Catalina views.

Last Agent to Sell the Property

Richard Dewey

Pacific Sotheby’s International Realty License #01988199 Listed on: 03/28/2019

Pacific Sotheby’s International Realty

Last Buyer's Agent

Richard Dewey

Pacific Sotheby’s International Realty License #01988199 Listed on: 03/28/2019

Pacific Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2011

Lot Details

  • 2,100 Sq Ft Lot
  • Beach Front
  • Home fronts a seawall
  • Property Fronts a Bay or Harbor
  • Level Lot

Parking

  • 2 Car Attached Garage
  • 1 Carport Space
  • Oversized Parking
  • Parking Available
  • Single Garage Door

Property Views

  • Ocean
  • Coastline
  • Harbor
  • Catalina
  • Panoramic
  • Bridge
  • City Lights
  • Canal

Home Design

  • Custom Home
  • Turnkey
  • Slab Foundation
  • Common Roof
  • Copper Plumbing
  • Clapboard

Interior Spaces

  • 1,883 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wet Bar
  • Dual Staircase
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Bonus Room
  • Wood Flooring
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Walk-In Pantry
  • Convection Oven
  • Gas Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • Property has ocean access
  • Living Room Balcony
  • Covered Patio or Porch
  • Lanai
  • Rooftop Access

Utilities

  • Two cooling system units
  • High Efficiency Air Conditioning
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 71
  • Tax Tract Number 220
  • Assessor Parcel Number 04805105

Home Details

Home Type

Single Family

Year Built

Built in 2011

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Wired for Alarm System
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Custom Built
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04805105
  • Year Built: 2011
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1883.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Built-in Features, Copper Plumbing Full, High Ceilings, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting, Wet Bar, Wired for Data, Wired for Sound
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Family Kitchen, In Family Room, Dining Room, In Living Room
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2003.19
  • Room Type: Bonus Room, Family Room, Formal Entry, Foyer, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Separate Family Room, Walk-In Closet, Walk-In Pantry
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Privacy Toilet Door, Stone Counters
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Bridge(s), Canal, Catalina, City Lights, Coastline, Harbor, Ocean, Panoramic, Water
  • Patio And Porch Features: Covered, Deck, Lanai, Roof Top, Slab, Wood
  • Pool Private: No
  • Roof: Common Roof
  • Spa: No
  • Construction Materials: Clapboard

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door, Oversized
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Convection Oven, Dishwasher, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Microwave, Tankless Water Heater
  • Electric: Standard
  • Heating Type: Zoned, Natural Gas
  • Laundry Features: In Closet, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Dual, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 2100.00
  • Lot Size Acres: 0.0482

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2100.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Beach Access, Beach Front, Ocean Access, Seawall

Tax Info

  • Tax Census Tract: 628.00
  • Tax Lot: 71
  • Tax Tract Number: 220

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2019
Closed on
Apr 10, 2019
Sold by
The Veeh Trust
Bought by
101 Edgewater Llc
Seller's Agent
Richard Dewey
Pacific Sotheby’s International Realty
Buyer's Agent
Richard Dewey
Pacific Sotheby’s International Realty
List Price
$3,905,000
Sold Price
$3,772,000
Premium/Discount to List
-$133,000
-3.41%
Current Estimated Value
$5,248,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,476,765
Avg. Annual Appreciation
5.09%

Purchase Details

Listed on
Apr 6, 2016
Closed on
Apr 25, 2016
Sold by
101 Edgewater Llc
Bought by
Veeh Robert M and Veeh Sharon K
Seller's Agent
Steve High
Pacific Sotheby’s International Realty
Buyer's Agent
Sharon Veeh
Sharon Veeh Real Estate
List Price
$3,895,000
Sold Price
$3,600,000
Premium/Discount to List
-$295,000
-7.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.62%
Original Mortgage
$2,880,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2012
Sold by
Sutherlin Michael W and Sutherlin Mary Lynn
Bought by
101 Edgewater Llc

Purchase Details

Closed on
Nov 27, 2006
Sold by
Silver Jerry and Silver Michele
Bought by
Parker Warren K and Parker Anna Mole

Purchase Details

Closed on
Sep 13, 2006
Sold by
Parker Warren K and Parker Anna Mole
Bought by
Sutherlin Michael W and Sutherlin Mary Lynn

Purchase Details

Closed on
Feb 24, 1998
Sold by
Mole Parker Anna and Mole Warren K
Bought by
Parker Warren K and Parker Anna Mole

Purchase Details

Closed on
Nov 8, 1993
Sold by
Parker Anna Mole
Bought by
Parker Anna Mole and Parker Warren K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
101 Edgewater Llc $3,772,000 First American Title Company
Veeh Robert M $3,600,000 Lawyers Title
101 Edgewater Llc -- None Available
Parker Warren K -- Accommodation
Sutherlin Michael W $2,327,500 California Title Company
Parker Warren K -- --
Parker Anna Mole -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Veeh Robert M $2,880,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2019 05/13/19 Sold $3,772,000 -3.4% $2,003 / Sq Ft
04/03/2019 04/03/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $3,905,000 +8.5% $2,074 / Sq Ft
06/20/2016 06/20/16 Sold $3,600,000 -7.6% $1,949 / Sq Ft View Prior Sale
05/20/2016 05/20/16 Pending -- -- --
04/06/2016 04/06/16 For Sale $3,895,000 -- $2,109 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $43,799 $4,207,734 $3,786,698 $421,036
2024 $43,799 $4,125,230 $3,712,449 $412,781
2023 $42,777 $4,044,344 $3,639,656 $404,688
2022 $42,072 $3,965,044 $3,568,291 $396,753
2021 $41,264 $3,887,299 $3,498,325 $388,974
2020 $40,868 $3,847,440 $3,462,454 $384,986
2019 $40,524 $3,820,348 $3,469,752 $350,596
2018 $40,010 $3,745,440 $3,401,718 $343,722
2017 $39,303 $3,672,000 $3,335,017 $336,983
2016 $30,146 $2,811,620 $2,488,156 $323,464
2015 $29,861 $2,769,387 $2,450,781 $318,606
2014 $29,159 $2,715,139 $2,402,774 $312,365
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG19069215

California Regional Multiple Listing Service (CRMLS)

APN: 048-051-05