NOT LISTED FOR SALE

Estimated Value: $6,947,000 - $10,049,183

4 Beds
5 Baths
4,138 Sq Ft
$1,961/Sq Ft Est. Value

Last Sold June 16, 2016

Last sale price $7,000,000 $1,692 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $50,284/month

36 Days on Market

Highlights

  • White Water Ocean Views
  • Primary Bedroom Suite
  • Traditional Architecture
  • Newport Elementary School Rated A
  • Fireplace in Primary Bedroom
  • 5-minute walk to Newport Beach Playground

About This Home

As of June 2016

Ideally located on the highly coveted Peninsula in Newport Beach, this one of a kind property sits on the sand on an oversized corner lot. A simply gorgeous traditional feel throughout, with views from almost every room, this home encompasses 4 bedrooms and 5 bathrooms. Notable features include the large-scale master suite which offers a fireplace, stunning view windows, as well as a spa bath, walk in closet and a private deck. The main level of the residence offers fabulous venues for entertaining. Enjoy a gracious living room facing the ocean to capture the breathtaking views from every window, doors that open to the large front enclosed patio, a formal library gallery with custom built-ins, and an open kitchen. There are two guest bedrooms upstairs and an oversized great room features a pool table and wet bar, offering the perfect room for entertaining. A main level guest suite is ideal for guests. Four incredible patios, one off the master, one off the upstairs game/great room, an enclosed side courtyard and another on the boardwalk boast beautiful whitewater and Catalina Island sunset views. This sophisticated beach elegant residence is truly a historic offering in a landmark location on the sand.

Last Agent to Sell the Property

Kim Bibb

Pacific Sotheby's Int'l Realty License #01210754 Listed on: 04/20/2016

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Tara Shapiro

Coldwell Banker Realty License #01892201

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $86,576

Year Built

  • Built in 1995

Lot Details

  • 4,095 Sq Ft Lot
  • Brick Fence

Parking

  • 2 Car Garage

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • 4,138 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Awning
  • Great Room
  • Family Room
  • Dining Room
  • Home Office
  • Library with Fireplace
  • Game Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Oven
  • Six Burner Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Cooling Available
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 04725224

Home Details

Home Type

Single Family

Est. Annual Taxes

$86,576

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Maintained
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04725224
  • Year Built: 1995
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4138.00
  • Interior Amenities: Built-in Features, Wet Bar
  • Stories: 2
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • One Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Area, Dining Room, In Kitchen
  • Fireplace Features: Game Room, Library, Master Bedroom, Master Retreat
  • Levels: Two
  • Price Per Square Foot: 1691.64
  • Room Type: Family Room, Great Room, Jack & Jill, Library, Master Bedroom, Main Floor Bedroom, Master Suite, Walk-In Closet, Office
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • Exterior Features: Awning(s)
  • View: Catalina, Coastline, Ocean, Panoramic, White Water
  • Fence: Yes
  • Fencing: Brick
  • Patio And Porch Features: Brick, Enclosed
  • Pool Private: No
  • Roof: Slate
  • Spa: No
  • Construction Materials: Brick

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Double Oven, Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: In Kitchen, Inside, Individual Room
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4095.00
  • Price Per Lot Square Foot: 1709.40

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2016
Closed on
Jun 3, 2016
Sold by
Wilhelm Robert U and Wilhelm Janice J
Bought by
Hfo 2 Llc
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Tara Shapiro
Coldwell Banker Realty
List Price
$7,595,000
Sold Price
$7,000,000
Premium/Discount to List
-$595,000
-7.83%
Total Days on Market
36
Current Estimated Value
$8,115,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,115,546
Avg. Annual Appreciation
1.79%

Purchase Details

Closed on
Sep 28, 1994
Sold by
Wilhelm Robert and Wilhelm Janice J
Bought by
Wilhelm Robert U and Wilhelm Janice J
Source: Public Records

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Range of Values:

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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
Hfo 2 Llc $7,000,000 First American Title Company
Wilhelm Robert U -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2016 06/16/16 Sold $7,000,000 -7.8% $1,692 / Sq Ft
05/26/2016 05/26/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $7,595,000 -- $1,835 / 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
2024 $86,576 $8,124,100 $7,420,774 $703,326
2023 $85,062 $7,964,804 $7,275,268 $689,536
2022 $83,526 $7,808,632 $7,132,616 $676,016
2021 $82,290 $7,655,522 $6,992,761 $662,761
2020 $81,509 $7,577,025 $6,921,059 $655,966
2019 $79,850 $7,428,456 $6,785,352 $643,104
2018 $78,427 $7,282,800 $6,652,305 $630,495
2017 $77,060 $7,140,000 $6,521,867 $618,133
2016 $24,644 $2,174,284 $1,552,165 $622,119
2015 $24,733 $2,141,625 $1,528,850 $612,775
2014 $24,169 $2,099,674 $1,498,902 $600,772
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16082627

California Regional Multiple Listing Service (CRMLS)

APN: 047-252-24