$3,126,500
SOLD JUN 7, 2019
3 Beds
3.5 Baths
2,413 Sq Ft
1,542 Sq Ft Lot

Recently Sold

$1,296 Per Sq Ft

1% Below List Price

6 Days on Market

Highlights

  • White Water Ocean Views
  • Property has ocean access
  • Two Primary Bedrooms
  • Newport Elementary School Rated A
  • Rooftop Deck
  • Ocean Side of Highway 1

About This Home

As of May 2024

Located 50 yards from the sand with breath-taking ocean views, this “Seaside Cottage” is built to perfection!
Constructed in 2015 by a sought-after builder, the finished home embodies an ideal blend of relaxed beach vibes and coastal elegance. Natural light infuses throughout, showcasing high-end finishes: 10" white oak flooring, tongue-and-groove paneling and beams, and handcrafted fixtures. Each room is stunning, with its own individual detail…the lower level bedroom highlights reclaimed wood ceilings and white painted brick. The 2nd level includes a fabulous kitchen with a large island of Calcutta marble, custom-built cabinetry and top of the line Sub-Zero and Wolf appliances. The open living space is graced with high ceilings and white shiplap siding, creating a soothing & serene vibe. Bathrooms are spa-like and feature marble countertop, flooring, subway tiling, and steam showers. Make your way to the 3rd level and find an oversized loft with charmed pitched ceiling and ample built-in storage…. all which lead to a spectacular roof top deck – POP! French-Portuguese limestone flooring, built-in BBQ, refrigerator, sink, mounted TV, and plenty of space for entertaining around the hearty fireplace – the warmth mingling with the ocean breezes. Additional lifestyle features: Custom laundry area, oversized garage with epoxy flooring & built-ins, surround sound, camera security system and dual zoned AC.
Hands down, this is the PERFECT beach home.

Last Agent to Sell the Property

Leslie Thompson

Compass License #01836958 Listed on: 04/24/2019

Compass

Last Buyer's Agent

William & Kathleen Kiang

Regency Real Estate Brokers License #00555961

Regency Real Estate Brokers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,298

Year Built

  • Built in 2015

Lot Details

  • 1,542 Sq Ft Lot
  • Level Lot
  • Front Yard Sprinklers

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Parking Available

Property Views

  • White Water Ocean
  • Coastline
  • Bay
  • City Lights

Home Design

  • Custom Home
  • Cape Cod Architecture
  • Turnkey
  • Brick Exterior Construction
  • Shake Roof
  • Shingle Roof
  • Board and Batten Siding
  • Shingle Siding
  • Stone Siding

Interior Spaces

  • 2,413 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Blinds
  • Formal Entry
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Loft
  • Wood Flooring
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Six Burner Stove
  • Gas Range
  • Range Hood
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Pots and Pans Drawers
  • Self-Closing Drawers and Cabinet Doors

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Double Master Bedroom
  • Walk-In Closet
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Separate Shower

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Ocean Side of Highway 1
  • Rooftop Deck
  • Patio
  • Outdoor Fireplace
  • Exterior Lighting
  • Rain Gutters
  • Front Porch

Schools

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

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Underground Utilities
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 234
  • Assessor Parcel Number 04725202

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,298

Year Built

Built in 2015

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Security System, Wired for Alarm System
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Cape Cod, Custom Built
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04725202
  • Year Built: 2015
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2413.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room, Outside
  • Levels: Two, Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1295.69
  • Room Type: Entry, Formal Entry, Great Room, Kitchen, Laundry, Living Room, Loft, Office, Two Masters, Walk-In Closet
  • Window Features: Blinds, Double Pane Windows, ENERGY STAR Qualified Windows
  • Bathroom Features: Bathtub, Double Sinks In Master Bath, Privacy Toilet Door, Separate Tub And Shower, Soaking Tub, Stone Counters, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: Bay, City Lights, Coastline, Ocean, Water, White Water
  • Patio And Porch Features: Deck, Porch, Front Porch, Roof Top, Stone
  • Pool Private: No
  • Roof: Shake, Shingle
  • Spa: No
  • Construction Materials: Board & Batten Siding, Brick, Shingle Siding, Stone

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Direct Garage Access, Oversized
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Underground Utilities
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Gas Oven, Gas Range, Microwave, Range Hood, Tankless Water Heater, Water Line to Refrigerator
  • Heating Type: Forced Air, Fireplace(s)
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Storm Drains, Street Lights

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport
  • Middle School: Ensign
  • High School: Harbor
  • Elementary School: Newport
  • High School: Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWPOR
  • High School2: HARBOR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Sprinklers In Front
  • Lot Size Sq Ft: 1542.00
  • Lot Size Acres: 0.0354
  • Latitude Manual: 33.60540800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1542.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Ocean Access, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 628.00
  • Tax Lot: 11
  • Tax Tract Number: 234

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2024
Closed on
Apr 22, 2024
Sold by
2019 Tanaka Family Trust and Tanaka Andrew T
Bought by
Diller Family Trust and Diller
Seller's Agent
Troy Seeber
Compass
Buyer's Agent
Tracy Seeber
Balboa Realty
List Price
$5,350,000
Sold Price
$5,350,000
Total Days on Market
6
Current Estimated Value
$5,359,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,312
Avg. Annual Appreciation
0.17%
Original Mortgage
$2,375,000
Outstanding Balance
$2,352,040
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$3,007,272

Purchase Details

Closed on
Dec 27, 2019
Sold by
Tanaka Andrew T and Tanaka Karen M
Bought by
Tanaka Andrew T and Tanaka Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 24, 2019
Closed on
Apr 30, 2019
Sold by
Takeuchi Ronald K and Takeuchi Cathy L
Bought by
Tanaka Andrew T and Tanaka Karen M
Seller's Agent
Leslie Thompson
Compass
Buyer's Agent
William & Kathleen Kiang
Regency Real Estate Brokers
List Price
$3,150,000
Sold Price
$3,126,500
Premium/Discount to List
-$23,500
-0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.41%
Original Mortgage
$3,000,000
Interest Rate
4.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Apr 14, 2017
Closed on
Jul 24, 2017
Sold by
Terry Michael E and Terry Elizabeth P
Bought by
Takeuchi Ronald K and Takeuchi Cathy L
Seller's Agent
Casey Lesher
Christie's International R.E. Southern California
Buyer's Agent
Leslie Thompson
Compass
List Price
$3,395,000
Sold Price
$2,785,000
Premium/Discount to List
-$610,000
-17.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.56%

Purchase Details

Closed on
Jul 6, 2015
Sold by
Terry Michael and Terry Elizabeth
Bought by
Terry Living Trust

Purchase Details

Listed on
Mar 10, 2014
Closed on
May 2, 2014
Sold by
Cavallo Paul A and Cavallo Lynn Christine
Bought by
Terry Michael and Terry Elizabeth
Seller's Agent
Michael Mandekic
Berkshire Hathaway HomeServices California Properties
List Price
$1,150,000
Sold Price
$1,250,000
Premium/Discount to List
$100,000
8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.07%
Original Mortgage
$625,000
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2013
Sold by
Cavallo Lynn Christine and Cavallo Paul A
Bought by
Cavallo Paul A and Cavallo Lynn Christine

Purchase Details

Closed on
Oct 11, 2010
Sold by
Foulks M Lorraine and Foulks Mae Lorraine
Bought by
Foulks Mae Lorraine and Lorraine Foulks M
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 Type Sale Price Title Company
Grant Deed $5,350,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $3,126,500 Lawyers Title Company
Interfamily Deed Transfer $2,785,000 Chicago Title Co
Interfamily Deed Transfer -- None Available
Grant Deed $1,250,000 Orange Coast Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,375,000 New Conventional
Previous Owner $500,000 Commercial
Previous Owner $3,000,000 Credit Line Revolving
Previous Owner $2,150,000 New Conventional
Previous Owner $610,000 New Conventional
Previous Owner $625,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2024 05/11/24 Sold $5,350,000 0.0% $2,217 / Sq Ft
05/11/2024 05/11/24 Pending -- -- --
05/11/2024 05/11/24 For Sale $5,350,000 +71.1% $2,217 / Sq Ft
06/07/2019 06/07/19 Sold $3,126,500 -0.7% $1,296 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
04/24/2019 04/24/19 For Sale $3,150,000 +13.1% $1,305 / Sq Ft
08/10/2017 08/10/17 Sold $2,785,000 -7.0% $1,154 / Sq Ft
07/20/2017 07/20/17 Pending -- -- --
07/13/2017 07/13/17 Price Changed $2,995,000 -6.3% $1,241 / Sq Ft
06/20/2017 06/20/17 Price Changed $3,195,000 -5.9% $1,324 / Sq Ft
04/14/2017 04/14/17 For Sale $3,395,000 +171.6% $1,407 / Sq Ft
05/13/2014 05/13/14 Sold $1,250,000 +8.7% $1,211 / Sq Ft
03/10/2014 03/10/14 For Sale $1,150,000 -- $1,114 / 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 $36,298 $3,419,283 $3,008,677 $410,606
2023 $35,448 $3,352,239 $2,949,684 $402,555
2022 $34,861 $3,286,509 $2,891,847 $394,662
2021 $34,191 $3,222,068 $2,835,144 $386,924
2020 $33,936 $3,189,030 $2,806,073 $382,957
2019 $30,225 $2,840,700 $2,506,612 $334,088
2018 $29,622 $2,785,000 $2,457,462 $327,538
2017 $17,840 $1,661,132 $1,284,689 $376,443
2016 $17,440 $1,628,561 $1,259,499 $369,062
2015 $13,935 $1,274,975 $1,240,580 $34,395
2014 -- $1,004,540 $972,849 $31,691
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19091341

California Regional Multiple Listing Service (CRMLS)

APN: 047-252-02