NOT LISTED FOR SALE

Estimated Value: $4,081,000 - $5,023,000

3 Beds
2 Baths
1,773 Sq Ft
$2,492/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $3,850,000 $2,171 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $26,698/month

41 Days on Market

Highlights

  • Ocean View
  • Main Floor Bedroom
  • 2 Car Attached Garage
  • Newport Elementary School Rated A
  • No HOA
  • Laundry Room

About This Home

As of August 2022

Welcome to 107 6th Street. This is a one-of-a-kind beach home or opportunity to use builders' plans for an extensive re-imagination. Currently charming both inside and out and just two houses from the sand, it is centrally located on the highly sought-after Balboa Peninsula. There is much to love about this home in its current condition, such as a spacious living area, two guest bedrooms, a bonus room, a two-car garage, and a large primary bedroom with ocean views off a generous private deck. The home also boasts a great front patio, perfect for entertaining with views of the beach and boardwalk, and a rear deck to enjoy the sun and coastal breeze. Reimagined by Oldham Architects, the home addition and renovation would add a rooftop deck, an additional bedroom and bathroom and would bring the floor plan up to modern living. Complete with plans that have been submitted to the city for approval.

Last Agent to Sell the Property

Kim Bibb

Pacific Sotheby's Int'l Realty License #01210754 Listed on: 07/06/2022

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Ken Kaplan

Campbell & Kaplan Real Estate License #01235316

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1913

Lot Details

  • 2,100 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,773 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Schools

  • Newport Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Community Details

  • No Home Owners Association
  • Balboa Peninsula Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / 9
  • Tax Tract Number 219
  • Assessor Parcel Number 04802413
  • $1,093 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1913

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04802413
  • Year Built: 1913
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1773.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2171.46
  • Room Type: Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • View: Ocean
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • 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

Tax Info

  • Tax Block: 9
  • Tax Census Tract: 628.00
  • Tax Lot: 2
  • Tax Tract Number: 219
  • TaxOtherAnnualAssessmentAmount: 1093.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2022
Closed on
Aug 23, 2022
Sold by
John Cefalia Ii James and John Marie Sarah
Bought by
Gramling Revocable Living Trust
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Ken Kaplan
Campbell & Kaplan Real Estate
List Price
$3,975,000
Sold Price
$3,850,000
Premium/Discount to List
-$125,000
-3.14%
Views
11
Current Estimated Value
$4,417,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$567,533
Avg. Annual Appreciation
4.18%

Purchase Details

Listed on
Jan 27, 2022
Closed on
Feb 1, 2022
Sold by
Knight Family Trust
Bought by
Cefalia James John and Cefalia Sarah Marie
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
List Price
$3,075,000
Sold Price
$3,000,000
Premium/Discount to List
-$75,000
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
78.63%
Original Mortgage
$1,950,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2021
Sold by
Taylor Knight H
Bought by
Knight Family Trust

Purchase Details

Closed on
May 7, 2008
Sold by
Knight Paula H and Smith Nancy K
Bought by
Knight Paula H and Smith Nancy K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Gramling Revocable Living Trust $3,850,000 Fidelity National Title
Cefalia James John $3,000,000 Fidelity National Title
Knight Family Trust -- --
Knight Paula H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cefalia James John $1,950,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2022 08/26/22 Sold $3,850,000 -3.1% $2,171 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $3,975,000 +32.5% $2,242 / Sq Ft
03/22/2022 03/22/22 Sold $3,000,000 -2.4% $1,692 / Sq Ft View Prior Sale
01/28/2022 01/28/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $3,075,000 -- $1,734 / 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 $43,183 $4,621,423 $3,816,557 $804,866
2024 $43,183 $4,031,769 $3,741,723 $290,046
2023 $41,347 $3,850,000 $3,668,356 $181,644
2022 $29,111 $2,682,600 $2,507,076 $175,524
2021 $3,234 $210,455 $70,130 $140,325
2020 $3,206 $208,298 $69,411 $138,887
2019 $3,170 $204,214 $68,050 $136,164
2018 $3,197 $200,210 $66,715 $133,495
2017 $3,141 $196,285 $65,407 $130,878
2016 $3,099 $192,437 $64,125 $128,312
2015 $3,231 $189,547 $63,162 $126,385
2014 $3,165 $185,835 $61,925 $123,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22141145

California Regional Multiple Listing Service (CRMLS)

APN: 048-024-13