NOT LISTED FOR SALE

Estimated Value: $6,679,000 - $7,935,000

4 Beds
4 Baths
3,054 Sq Ft
$2,394/Sq Ft Est. Value

Sale Details

Date Sold: January 23, 2017

Last sale price $4,550,000 $1,490 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $44,759 / mo

Highlights

  • Marina
  • Private Dock Site
  • Boat Slip
  • Newport Elementary School Rated A
  • Home fronts a seawall
  • 4-minute walk to Balboa Peninsula Park

About This Home

As of May 2024

Bayfront with dock! Step back in time to enjoy a taste of vintage Balboa. Truly a premier waterfront location, highlighted by an unusual bay front grassy lawn with mature flowering landscape, 1018 East Balboa Blvd presents a special long-term lease opportunity affording the coveted bay front lifestyle. From the moment you arrive at the delightful entry courtyard the bay views and lush, verdant lawn engage you in the idyllic Newport waterfront. A classic Peninsula charmer with many of the original architectural elements intact, the three bedroom, three bathroom floor plan with an adjoining one bedroom, one bath guest apartment have been recently remodeled and updated throughout, making it a turn-key, fully furnished rental offering. Make memories on the water from use of the adjoining dock that accommodates a craft of approximately 58'. Dine al fresco with panoramic views of the city lights and the historic Balboa Pavilion. Enjoy the convenience of an attached garage with additional outdoor guest parking spot. Enjoy easy access to the oceanfront, beach boardwalk, Balboa Village, and the infamous ferry to Balboa Island.

Last Agent to Rent the Property

Tara Shapiro

Coldwell Banker Realty Brokerage Phone: 949-478-7781 License #01892201 Listed on: 03/19/2024

Coldwell Banker Realty

Last Renter's Agent

Tara Shapiro

Coldwell Banker Realty Brokerage Phone: 949-478-7781 License #01892201 Listed on: 03/19/2024

Coldwell Banker Realty

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 3,755 Sq Ft Lot
  • Home fronts a seawall
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot
  • Private Yard
  • Lawn
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Single Garage Door

Property Views

  • Bay
  • Harbor
  • Views of a pier
  • Panoramic
  • City Lights
  • Neighborhood

Home Design

  • Cape Cod Architecture
  • Bungalow
  • Entry on the 1st floor
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 3,054 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Dual Staircase
  • Beamed Ceilings
  • Wood Burning Fireplace
  • Great Room with Fireplace

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Remodeled Bathroom
  • 4 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Boat Slip
  • Private Dock Site
  • Docks
  • Brick Porch or Patio
  • Exterior Lighting

Location

  • Urban Location

Utilities

  • Underground Utilities
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Security Deposit $30,000
  • Rent includes gardener
  • 12-Month Minimum Lease Term
  • Available 5/1/24
  • Legal Lot and Block 10 / 15
  • Tax Tract Number 105
  • Assessor Parcel Number 04814234

Community Details

Overview

  • No Home Owners Association
  • Balboa Peninsula Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Marina
  • Fishing
  • Water Sports

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

3,755 Sq Ft Lot

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2024-05-01
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 30000
  • Furnished: Furnished
  • Pets Allowed: Breed Restrictions
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Bungalow, Cape Cod
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 04814234
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3054.00 Square Feet
  • Interior Amenities: 2 Staircases, Beamed Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar
  • Entry Level: 1
  • Fireplace Features: Wood Burning, Great Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 4.91
  • Room Type: Great Room, Main Floor Bedroom
  • Bathroom Features: Double Sinks In Primary Bath, Remodeled

Exterior Features

  • Patio: Yes
  • Exterior Features: Boat Slip, Dock Private
  • View: Bay, City Lights, Harbor, Neighborhood, Panoramic, Pier, Water
  • Patio And Porch Features: Brick, Patio
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Shingle Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Refrigerator, Self Cleaning Oven, Water Heater
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Fishing, Watersports, Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Landscaped, Lawn, Level with Street, Paved, Yard
  • Lot Size Sq Ft: 3755.00
  • Lot Size Acres: 0.0862

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 3755.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Rent Includes: Gardener
  • Waterfront Features: Bay Front, Includes Dock, Marina in Community, Navigable Water, Seawall

Tax Info

  • Tax Block: 15
  • Tax Lot: 10
  • Tax Tract Number: 105

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2016
Closed on
Jan 19, 2017
Sold by
Bought by
Seller's Agent
Tara Shapiro
Coldwell Banker Realty
Buyer's Agent
Tara Shapiro
Coldwell Banker Realty
List Price
$4,995,000
Sold Price
$4,550,000
Premium/Discount to List
-$445,000
-8.91%
Current Estimated Value
$7,312,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,762,418
Avg. Annual Appreciation
5.07%
Original Mortgage
$2,050,000
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 2009
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Balboa Peninsula Point, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,550,000 First American Title Company
-- Fidelity National Title Comp
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,100,000
Closed $2,050,000
Previous Owner $320,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/16/2024 05/16/24 Rented $15,000 -21.1% --
04/06/2024 04/06/24 Price Changed $19,000 -15.6% $6 / Sq Ft
03/19/2024 03/19/24 For Rent $22,500 0.0% --
01/23/2017 01/23/17 Sold $4,550,000 0.0% -- View Prior Sale
01/23/2017 01/23/17 Sold $4,550,000 -8.9% $1,490 / Sq Ft View Prior Sale
12/25/2016 12/25/16 Pending -- -- --
06/15/2016 06/15/16 For Sale $4,995,000 +6.4% --
05/12/2016 05/12/16 For Sale $4,695,000 -- $1,537 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $55,734 $5,386,277 $5,176,405 $209,872
2025 $54,868 $5,280,664 $5,074,907 $205,757
2024 $54,868 $5,177,122 $4,975,399 $201,723
2023 $53,588 $5,075,610 $4,877,842 $197,768
2022 $52,705 $4,976,089 $4,782,198 $193,891
2021 $51,693 $4,878,519 $4,688,429 $190,090
2020 $51,197 $4,828,496 $4,640,355 $188,141
2019 $50,128 $4,733,820 $4,549,368 $184,452
2018 $49,125 $4,641,000 $4,460,164 $180,836
2017 $12,749 $1,177,583 $1,096,717 $80,866
2016 $12,464 $1,154,494 $1,075,213 $79,281
2015 $12,346 $1,137,153 $1,059,062 $78,091
2014 $12,056 $1,114,878 $1,038,316 $76,562
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24054525

California Regional Multiple Listing Service (CRMLS)

APN: 048-142-34

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