$2,785,000
SOLD AUG 10, 2017
3 Beds
3.5 Baths
2,413 Sq Ft
1,542 Sq Ft Lot

Recently Sold

$1,154 Per Sq Ft

18% Below List Price

97 Days on Market

Highlights

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

About This Home

As of May 2024

This property has an attraction that is irresistible! Constructed by a highly-sought builder in 2015 for personal use.

Last Agent to Sell the Property

Casey Lesher

Christie's International R.E. Southern California License #01795953 Listed on: 04/14/2017

Christie's International R.E. Southern California

Last Buyer's Agent

Leslie Thompson

Compass License #01836958

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,298

Year Built

  • Built in 2015 | Remodeled

Lot Details

  • 1,542 Sq Ft Lot
  • Property fronts an alley
  • Level Lot

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
  • Turnkey

Interior Spaces

  • 2,413 Sq Ft Home
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Crown Molding
  • Beamed Ceilings
  • Brick Wall or Ceiling
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Blinds
  • Sliding Doors
  • Formal Entry
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Loft
  • Storage
  • Laundry Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

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

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

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

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System

Community Details

  • No Home Owners Association
  • Balboa Peninsula Subdivision

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 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Security System, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Custom Built
  • Property Condition: Turnkey, Updated/Remodeled
  • 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
  • Interior Amenities: Balcony, Bar, Beamed Ceilings, Brick Walls, Built-in Features, Crown Molding, High Ceilings, Living Room Balcony, Open Floorplan, Recessed Lighting, Stone Counters, Storage, Wired for Data, Wired for Sound
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room, Outside
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1154.16
  • Room Type: Entry, Formal Entry, Great Room, Kitchen, Laundry, Living Room, Loft, Main Floor Master Bedroom, Master Suite, Office, Two Masters, Walk-In Closet
  • Window Features: Blinds, Double Pane Windows, ENERGY STAR Qualified Windows
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Privacy Toilet Door, Separate Tub And Shower, 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: Barbecue Private, Lighting, Rain Gutters
  • View: Bay, City Lights, Coastline, Ocean, Water, White Water
  • Patio And Porch Features: Deck, Front Porch, Roof Top, Stone
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Microwave, Range Hood, Refrigerator, Water Line to Refrigerator
  • Heating Type: Forced Air, Fireplace(s)
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport
  • Middle School: Ensign
  • High School: Newport Harbor
  • 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: Level with Street
  • Lot Size Sq Ft: 1542.00
  • Lot Size Acres: 0.0354

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
97
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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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: NP17079917

California Regional Multiple Listing Service (CRMLS)

APN: 047-252-02