NOT LISTED FOR SALE

Estimated Value: $3,281,814 - $3,752,000

5 Beds
3 Baths
1,850 Sq Ft
$1,914/Sq Ft Est. Value

Last Sold February 22, 2023

Last sale price $2,450,000 $1,324 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $21,686/month

11 Days on Market

Highlights

  • Ocean View
  • No HOA
  • Front Porch
  • Newport Elementary School Rated A
  • Balcony
  • 2 Car Attached Garage

About This Home

As of February 2023

109 24th Street presents an incredible opportunity to own a property on the coveted 100 block of the famous Peninsula neighborhood of Newport Beach. Located only two homes away from the sand, this five-bedroom, three-bathroom home is available for the first time in 50 years. The living area of this property measures approximately 1,850 square feet and features an attractive layout, making it a perfect opportunity for those looking for a remodeling project. The approximately 1,750 square foot lot in this coveted location could be a perfect fit for those wishing to build their dream home. The Peninsula has long been a major attraction in the area, with unrivaled beaches, restaurants, and world-famous surfing at The Wedge.

Last Agent to Sell the Property

Tim Carr

Pacific Sotheby's Int'l Realty License #01017277 Listed on: 10/11/2022

Co-Listed By

Jay Viloria

Milestone, Inc. License #01037496

Last Buyer's Agent

Ryan McMillian

Coldwell Banker Realty License #02026082

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,525

Year Built

  • Built in 1970

Lot Details

  • 1,750 Sq Ft Lot
  • Value in Land

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Property Views

  • Ocean
  • Peek-A-Boo

Home Design

  • Fixer Upper
  • Composition Roof

Interior Spaces

  • 1,850 Sq Ft Home
  • 2-Story Property
  • Family Room

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Patio
  • Front Porch

Listing and Financial Details

  • Legal Lot and Block 31 / 24
  • Tax Tract Number 512
  • Assessor Parcel Number 04714120

Community Details

Overview

  • No Home Owners Association
  • Balboa Peninsula Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,525

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04714120
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1850.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Eating Area: Area
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1324.32
  • Room Type: All Bedrooms Up, Family Room, Kitchen, Master Bedroom
  • Bathroom Features: Shower, Shower In Tub

Exterior Features

  • Patio: Yes
  • View: Ocean, Peek-A-Boo
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking Features: Garage, Street
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Sidewalks, Storm Drains

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Value In Land
  • Lot Size Sq Ft: 1750.00
  • Lot Size Acres: 0.0402

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1750.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 24
  • Tax Census Tract: 635.00
  • Tax Lot: 31
  • Tax Tract Number: 512

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2022
Closed on
Feb 15, 2023
Sold by
Goodrich David M
Bought by
Millner Murray Stuart and Delmillner Maria Del
Seller's Agent
Tim Carr
Pacific Sotheby's Int'l Realty
Buyer's Agent
Ryan McMillian
Coldwell Banker Realty
List Price
$2,349,000
Sold Price
$2,450,000
Premium/Discount to List
$101,000
4.3%
Views
40
Current Estimated Value
$3,541,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,091,704
Avg. Annual Appreciation
19.31%
Original Mortgage
$1,960,000
Outstanding Balance
$1,909,112
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$1,880,437

Purchase Details

Closed on
Jul 24, 2012
Sold by
Chadbourne Jodi
Bought by
Chadbourne David W and Chadbourne Jodi H

Purchase Details

Closed on
Mar 19, 2007
Sold by
Chadbourne Jodi Hartnett
Bought by
Hartnett Mary K and Chadbourne Jodi

Purchase Details

Closed on
Dec 18, 2003
Sold by
Hartnett Shirley Anne
Bought by
Hartnett Shirley A and Hartnett Living Trust

Purchase Details

Closed on
Apr 11, 1994
Sold by
Va
Bought by
Hartnett Shirley Anne
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Millner Murray Stuart $2,450,000 Orange Coast Title
Chadbourne David W -- None Available
Hartnett Mary K -- None Available
Hartnett Shirley A -- --
Hartnett Shirley Anne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Millner Murray Stuart $1,960,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2023 02/22/23 Sold $2,450,000 +4.3% $1,324 / Sq Ft
10/22/2022 10/22/22 Pending -- -- --
10/11/2022 10/11/22 For Sale $2,349,000 -- $1,270 / 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 $27,525 $2,548,980 $2,424,074 $124,906
2024 $27,525 $2,499,000 $2,376,543 $122,457
2023 $2,602 $132,153 $67,217 $64,936
2022 $2,553 $129,562 $65,899 $63,663
2021 $2,519 $127,022 $64,607 $62,415
2020 $2,499 $125,720 $63,944 $61,776
2019 $1,656 $123,255 $62,690 $60,565
2018 $1,626 $120,839 $61,461 $59,378
2017 $1,599 $118,470 $60,256 $58,214
2016 $1,566 $116,148 $59,075 $57,073
2015 $1,549 $114,404 $58,188 $56,216
2014 $1,514 $112,163 $57,048 $55,115
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22219466

California Regional Multiple Listing Service (CRMLS)

APN: 047-141-20