NOT LISTED FOR SALE

Estimated Value: $5,856,000 - $8,821,000

3 Beds
3 Baths
2,225 Sq Ft
$3,442/Sq Ft Est. Value

Last Sold November 16, 2022

Last sale price $6,475,000 $2,910 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $45,667/month

15 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Open Floorplan
  • Newport Elementary School Rated A
  • Property has ocean access
  • 5-minute walk to Balboa Peninsula Park

About This Home

As of November 2022

Cape Cod Cool. A stylish California beach house fresh from an au courant remodel. With a chic exterior color palette this oceanfront Balboa boardwalk home is a delight! Sun-filled rooms, panoramic views, and endless sunsets behind Catalina can be enjoyed from all of the principle living areas. A newly expanded beachfront patio is the ideal spot for living, lounging, entertaining and enjoying the ocean breeze. Open living, dining and kitchen areas are highlighted by new hardwood floors, a cozy brick fireplace, and doors leading to the ocean view terrace. Upstairs, the generous oceanfront primary suite revels in a panorama of whitewater views and is accented by vaulted ceilings, hardwood floors, a sitting area with fireplace, built-in bookcases, large walk-in closet, and spacious en-suite bath with double vanity, soaking tub, and shower. A secondary upper bedroom suite enjoys its own private terrace, and an adjoining whimsical bunk room, creating the perfect space for extended family holiday stays at the beach! There is also a convenient first floor bedroom/den with an adjacent bath that functions perfectly for additional guest overflow. A two car garage is attached and has a contiguous outdoor parking spot. An inviting seaside home in one of the best locations along the Balboa Peninsula strand - just a short bike ride or stroll from myriad restaurants, shops, the Fun Zone, Balboa Island ferry, and the world famous Wedge.

Last Agent to Sell the Property

Tara Shapiro

Coldwell Banker Realty License #01892201 Listed on: 10/20/2022

Coldwell Banker Realty

Last Buyer's Agent

Tara Shapiro

Coldwell Banker Realty License #01892201 Listed on: 10/20/2022

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988 | Remodeled

Lot Details

  • 2,462 Sq Ft Lot
  • Beach Front
  • Home fronts navigable water
  • Landscaped

Parking

  • 2 Car Direct Access Garage
  • 1 Open Parking Space
  • Parking Available
  • Side by Side Parking
  • Single Garage Door

Property Views

  • White Water Ocean
  • Views of a pier
  • Catalina
  • Panoramic
  • City Lights
  • Neighborhood

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 2,225 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • Living Room with Fireplace
  • Dining Room
  • Loft
  • Wood Flooring

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Electric Oven
  • Gas Range
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Retreat
  • Fireplace in Primary Bedroom Retreat
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Property has ocean access
  • Deck
  • Brick Porch or Patio
  • Exterior Lighting

Location

  • Property is near park
  • Urban Location

Utilities

  • Forced Air Zoned Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Balboa Peninsula Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 20
  • Tax Tract Number 105
  • Assessor Parcel Number 04816318

Home Details

Home Type

Single Family

Year Built

Built in 1988 | Remodeled

Lot Details

2,462 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04816318
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2225.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Built-in Features, Open Floorplan
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room, Master Retreat
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2910.11
  • Room Type: Galley Kitchen, Kitchen, Living Room, Loft, Main Floor Bedroom, Master Bathroom, Master Bedroom, Retreat, Walk-In Closet

Exterior Features

  • Patio: Yes
  • View: Catalina, City Lights, Neighborhood, Ocean, Panoramic, Pier, Water, White Water
  • Patio And Porch Features: Brick, Deck, Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage - Single Door, Side by Side
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Freezer, Gas Range, Microwave, Recirculated Exhaust Fan, Refrigerator
  • Heating Type: Forced Air, Natural Gas, Zoned
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Park Nearby
  • Lot Size Sq Ft: 2462.00
  • Lot Size Acres: 0.0565

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2462.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Beach Front, Navigable Water, Ocean Access, Ocean Front

Tax Info

  • Tax Block: 20
  • Tax Census Tract: 628.00
  • Tax Lot: 4
  • Tax Tract Number: 105

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Nov 8, 2022
Sold by
Hcd Investments Llc
Bought by
Kgkf Llc
Seller's Agent
Tara Shapiro
Coldwell Banker Realty
Buyer's Agent
Tara Shapiro
Coldwell Banker Realty
List Price
$6,550,000
Sold Price
$6,475,000
Premium/Discount to List
-$75,000
-1.15%
Views
12
Current Estimated Value
$7,657,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,182,456
Avg. Annual Appreciation
5.17%

Purchase Details

Listed on
Mar 11, 2021
Closed on
Feb 21, 2022
Sold by
Evans Family Trust and Evans Berne H
Bought by
Hcd Investments Llc
Seller's Agent
Tara Shapiro
Coldwell Banker Realty
Buyer's Agent
Tara Shapiro
Coldwell Banker Realty
List Price
$5,950,000
Sold Price
$5,750,000
Premium/Discount to List
-$200,000
-3.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.74%
Original Mortgage
$4,025,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 18, 2018
Closed on
Jul 19, 2018
Sold by
Downing Sally
Bought by
Evans Berne H and Evans Family Trust
Seller's Agent
Tara Shapiro
Coldwell Banker Realty
Buyer's Agent
Tara Shapiro
Coldwell Banker Realty
List Price
$5,750,000
Sold Price
$5,250,000
Premium/Discount to List
-$500,000
-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
2.51%

Purchase Details

Closed on
Dec 14, 2016
Sold by
Reeves Owen Thornton
Bought by
Sally Dowling Llc and The George W Bell Bypass Trust

Purchase Details

Closed on
Feb 19, 2015
Sold by
Reeves Owen Thornton
Bought by
Reeves Owen Thornton and The George W Bell Bypass Trust

Purchase Details

Closed on
Oct 1, 1996
Sold by
Bell Hannah R
Bought by
Bell Hannah R and Hannah R Bell Trust

Purchase Details

Closed on
Oct 30, 1995
Sold by
Bell George W
Bought by
Bell George W

Purchase Details

Closed on
Sep 25, 1995
Sold by
Bell George W and Bell Hannah R
Bought by
Bell George W and Bell Hannah R
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
Kgkf Llc $6,475,000 First American Title
Hcd Investments Llc $5,750,000 Chicago Title
Evans Berne H $5,250,000 Chicago Title Co
Sally Dowling Llc -- None Available
Reeves Owen Thornton -- None Available
Bell Hannah R -- --
Bell George W -- --
Bell George W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hcd Investments Llc $4,025,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2022 11/16/22 Sold $6,475,000 -1.1% $2,910 / Sq Ft
11/05/2022 11/05/22 Pending -- -- --
10/20/2022 10/20/22 For Sale $6,550,000 +13.9% $2,944 / Sq Ft
03/31/2022 03/31/22 Sold $5,750,000 -3.4% $2,584 / Sq Ft View Prior Sale
02/09/2022 02/09/22 Pending -- -- --
03/11/2021 03/11/21 For Sale $5,950,000 +13.3% $2,674 / Sq Ft
08/01/2018 08/01/18 Sold $5,250,000 -8.7% $2,360 / Sq Ft View Prior Sale
07/16/2018 07/16/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $5,750,000 -- $2,584 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $69,887 $6,736,590 $6,471,130 $265,460
2024 $69,887 $6,604,500 $6,344,245 $260,255
2023 $68,257 $6,475,000 $6,219,848 $255,152
2022 $58,412 $5,518,686 $5,273,693 $244,993
2021 $57,289 $5,410,477 $5,170,287 $240,190
2020 $56,740 $5,355,000 $5,117,272 $237,728
2019 $55,555 $5,250,000 $5,016,933 $233,067
2018 $13,663 $1,273,317 $1,070,374 $202,943
2017 $13,421 $1,248,350 $1,049,386 $198,964
2016 $13,119 $1,223,873 $1,028,810 $195,063
2015 $12,994 $1,205,490 $1,013,357 $192,133
2014 $12,760 $1,181,877 $993,507 $188,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22223743

California Regional Multiple Listing Service (CRMLS)

APN: 048-163-18

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