$5,800,000
SOLD JUN 29, 2017
4 Beds
4 Baths
2,570 Sq Ft
3,728 Sq Ft Lot

Recently Sold

$2,257 Per Sq Ft

3% Below List Price

13 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Open Floorplan
  • Newport Elementary School Rated A
  • Rooftop Deck
  • 4-minute walk to Newport Beach Playground

About This Home

As of January 2024

Bright and breezy coastal style. Sited on an oversized oceanfront corner lot with commanding whitewater views this cheerful Cape Cod-inspired beach house is ready for summer fun! A serene palette with shades of soft blue and green is accented by crisp white millwork and distressed hardwood floors. Open format living, dining, and kitchen areas all capture panoramic coastline views and adjoin a sunny beachfront terrace. Large family room/media room has vaulted beamed ceiling, custom built-ins, cozy fireplace and opens to a private enclosed patio for seamless indoor/outdoor entertaining. There are four bedrooms - one on the ground level - and four baths each of which finished with coastal mosaic tile appointments. Inviting roof top terrace with BBQ area and outdoor fireplace provides a 360 degree panorama of city lights, water views and Catalina sunsets. There is also a generous two car attached garage with storage area and an outdoor enclosed parking pad. Pack your bags and bring your surfboard...this turn key oceanfront home represents a rare opportunity to enjoy easy access to all that the Balboa Peninsula has to offer.

Last Agent to Sell the Property

Tara Shapiro

Coldwell Banker Realty License #01892201 Listed on: 05/18/2017

Coldwell Banker Realty

Last Buyer's Agent

Jennifer Rotellini

Peninsula Properties License #01398930

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $69,833

Year Built

  • Built in 2008 | Remodeled

Lot Details

  • 3,728 Sq Ft Lot
  • Beach Front
  • Wood Fence
  • Brick Fence
  • Fence is in good condition
  • Landscaped
  • Corner Lot

Parking

  • 2 Car Direct Access Garage
  • 1 Open Parking Space
  • Oversized Parking
  • Parking Available

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Neighborhood

Home Design

  • Cape Cod Architecture
  • Turnkey

Interior Spaces

  • 2,570 Sq Ft Home
  • Open Floorplan
  • Wired For Sound
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Wood Flooring
  • Home Security System
  • Attic

Kitchen

  • Breakfast Bar
  • Six Burner Stove
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Patio
  • Outdoor Fireplace
  • Exterior Lighting
  • Outdoor Grill

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Underground Utilities
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 1 / 11
  • Tax Tract Number 234
  • Assessor Parcel Number 04725113

Home Details

Home Type

Single Family

Est. Annual Taxes

$69,833

Year Built

Built in 2008 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Security System
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04725113
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2570.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Chair Railings, Crown Molding, Open Floorplan, Recessed Lighting, Storage, Wired for Sound
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room, Living Room, Outside
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2256.81
  • Room Type: Attic, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bedroom, Separate Family Room, Walk-In Closet
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Lighting
  • View: Catalina, City Lights, Coastline, Neighborhood, Ocean, Panoramic, Water, White Water
  • Fence: Yes
  • Fencing: Brick, Good Condition, Wood
  • Patio And Porch Features: Deck, Patio, Roof Top
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Direct Garage Access, Oversized
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Dishwasher, Freezer, Disposal, Microwave, Range Hood, Refrigerator, Vented Exhaust Fan
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Common Area, Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Landscaped
  • Lot Size Sq Ft: 3728.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Beach Front, Ocean Front

Tax Info

  • Tax Block: 11
  • Tax Census Tract: 628.00
  • Tax Lot: 1
  • Tax Tract Number: 234

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
Dec 18, 2023
Sold by
Furstman Family Trust
Bought by
Teresa L Walker Trust and Walker
Seller's Agent
Jennifer Rotellini
Peninsula Properties
Buyer's Agent
Jennifer Rotellini
Peninsula Properties
List Price
$8,900,000
Sold Price
$7,500,000
Premium/Discount to List
-$1,400,000
-15.73%
Views
285
Current Estimated Value
$7,794,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,758
Avg. Annual Appreciation
2.60%
Original Mortgage
$3,000,000
Outstanding Balance
$2,833,697
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$4,961,061

Purchase Details

Closed on
Sep 23, 2019
Sold by
Furstman Marc A and Furstman Nicole M
Bought by
Furstman Marc A and Furstman Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,095,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 18, 2017
Closed on
Jun 2, 2017
Sold by
Evensen Loretta G
Bought by
Furstman Marc A and Furstman Nicole M
Seller's Agent
Tara Shapiro
Coldwell Banker Realty
Buyer's Agent
Jennifer Rotellini
Peninsula Properties
List Price
$5,995,000
Sold Price
$5,800,000
Premium/Discount to List
-$195,000
-3.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.73%
Original Mortgage
$3,770,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 3, 2016
Sold by
Our Beach House Llc
Bought by
Evensen Loretta G

Purchase Details

Closed on
Sep 9, 2009
Sold by
Visser John Lyle and Visser Grace Ajean
Bought by
Newport Dreamin Lp

Purchase Details

Closed on
Jan 20, 2006
Sold by
Hogan Timothy Patrick and Hogan Thomas Joseph
Bought by
Visser John Lyle and Visser Grace Ajean

Purchase Details

Closed on
Jan 20, 1999
Sold by
Hogan Marian R and Hogan Mary Ann
Bought by
Hogan Timothy Patrick and Hogan Thomas Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
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 $7,500,000 Fidelity National Title
Interfamily Deed Transfer -- Boston National Ttl Agcy Llc
Grant Deed $5,800,000 Chicago Title Company
Grant Deed -- None Available
Grant Deed -- None Available
Grant Deed $4,550,000 Equity Title Orange County-I
Grant Deed $4,975,000 First American Title Co
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- Guardian Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,000,000 New Conventional
Previous Owner $4,095,000 New Conventional
Previous Owner $3,770,000 Adjustable Rate Mortgage/ARM
Previous Owner $3,000,000 Unknown
Previous Owner $553,000 Unknown
Previous Owner $550,000 Unknown
Previous Owner $550,000 Unknown
Previous Owner $550,000 Unknown
Previous Owner $150,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2024 01/29/24 Sold $7,500,000 -6.1% $2,918 / Sq Ft
12/10/2023 12/10/23 Pending -- -- --
11/01/2023 11/01/23 Price Changed $7,988,000 -2.6% $3,108 / Sq Ft
10/02/2023 10/02/23 Price Changed $8,200,000 -4.7% $3,191 / Sq Ft
09/14/2023 09/14/23 Price Changed $8,600,000 -3.4% $3,346 / Sq Ft
07/12/2023 07/12/23 For Sale $8,900,000 +53.4% $3,463 / Sq Ft
06/29/2017 06/29/17 Sold $5,800,000 -3.3% $2,257 / Sq Ft
05/18/2017 05/18/17 For Sale $5,995,000 -- $2,333 / 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 $69,833 $6,599,408 $6,463,707 $135,701
2023 $68,205 $6,470,008 $6,336,967 $133,041
2022 $67,083 $6,343,146 $6,212,713 $130,433
2021 $65,794 $6,218,771 $6,090,895 $127,876
2020 $65,163 $6,155,006 $6,028,441 $126,565
2019 $63,800 $6,034,320 $5,910,236 $124,084
2018 $62,524 $5,916,000 $5,794,349 $121,651
2017 $63,258 $5,975,000 $5,855,604 $119,396
2016 $52,420 $4,961,367 $4,847,224 $114,143
2015 $51,930 $4,886,843 $4,774,414 $112,429
2014 $50,705 $4,791,117 $4,680,890 $110,227
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17110597

California Regional Multiple Listing Service (CRMLS)

APN: 047-251-13