NOT LISTED FOR SALE

Estimated Value: $2,270,000 - $3,241,000

4 Beds
4 Baths
2,366 Sq Ft
$1,212/Sq Ft Est. Value

Last Sold January 28, 2016

Last sale price $1,950,000 $824 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $18,111/month

132 Days on Market

Highlights

  • Primary Bedroom Suite
  • Cape Cod Architecture
  • Main Floor Bedroom
  • Newport Elementary School Rated A
  • Cathedral Ceiling
  • 5-minute walk to 38th Street Park

About This Home

As of January 2016

Originally built as 2 condos, this building was converted into a single family residence by the tract's developer as a personal residence. Featuring 4 bedrooms 4 full bathrooms, plus a downstairs office that can easily become a 5th bedroom. The home also has garage parking for four cars, and 2 carports (1 private, 1 public) and 2 patio areas. This beach home is charming and spacious with high ceilings, and two fireplaces. The iconic Seashore Townhome Community conveniently located at the intersection where Seashore Drive crosses Balboa Blvd. and is close to the beach, boardwalk, shopping. restaurants, Newport pier, McFadden Square and has quick access to PCH and the 55 and 73 freeways.

Last Agent to Sell the Property

Nedda Mitchell

Nedda Mitchell, Broker License #00470206 Listed on: 09/01/2015

Co-Listed By

Mark Todd

Compass License #01168021

Last Buyer's Agent

Doug Mitchell

MITCHELL REALTY CO. License #00891501

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,202

Year Built

  • Built in 1997

Lot Details

  • 4,000 Sq Ft Lot
  • Property fronts an alley
  • Corner Lot
  • Level Lot
  • Garden
  • Front Yard

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 4 Car Garage

Home Design

  • Cape Cod Architecture
  • Planned Development

Interior Spaces

  • 2,366 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Tile Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating
  • Sewer Paid

Community Details

  • Built by Max Morgan

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 11906
  • Assessor Parcel Number 93394041

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,202

Year Built

Built in 1997

Lot Details

0

HOA Fees

$500 per month

Parking

4

Listing Details

  • Assessments: No
  • Inclusions: Refrigerator
  • Other Phone Description: cell
  • Other Phone Number: 949-514-0000
  • Property Attached: No
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: No
  • Architectural Style: Cape Cod
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 93394041
  • Year Built: 1997
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2366.00
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Tile Counters, Two Story Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 824.18
  • Room Type: Family Room, Living Room, Main Floor Bedroom, Master Suite, Walk-In Closet, Two Masters

Exterior Features

  • Builder Name: Max Morgan
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Heating Type: Central, Fireplace(s)
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 500.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Front Yard, Garden, Level, Corner Lot, Planned Unit Development
  • Lot Size Sq Ft: 4000.00
  • Price Per Lot Square Foot: 487.50
  • Lot Size Acres: 0.0920

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4000.0000 Square Feet
  • Number Of Units In Community: 16
  • Number Of Units Total: 16

Tax Info

  • Tax Lot: 10
  • Tax Tract Number: 11906

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2015
Closed on
Jan 20, 2016
Sold by
Morgan Lila J
Bought by
Zegers Harro and Arguinzoni Deborah
Seller's Agent
Nedda Mitchell
Nedda Mitchell, Broker
Buyer's Agent
Doug Mitchell
MITCHELL REALTY CO.
List Price
$2,395,000
Sold Price
$1,950,000
Premium/Discount to List
-$445,000
-18.58%
Current Estimated Value
$2,823,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$873,684
Avg. Annual Appreciation
3.90%
Original Mortgage
$850,000
Outstanding Balance
$682,763
Interest Rate
3.94%
Mortgage Type
Seller Take Back
Estimated Equity
$2,125,249

Purchase Details

Closed on
Jan 15, 2013
Sold by
Koger Gary
Bought by
Morgan Lila J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2013
Sold by
Morgan Lila J
Bought by
Morgan Lila J and The Lila J Morgan Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2009
Sold by
Morgan Lila J
Bought by
Morgan Lila J and The Lila J Morgan Trust

Purchase Details

Closed on
Jun 1, 2009
Sold by
Morgan Lila J
Bought by
Morgan Lila J and The Lila J Morgan Trust

Purchase Details

Closed on
Feb 9, 2004
Sold by
Morgan Lila J
Bought by
Morgan Lila J and Lila J Morgan Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
5.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2003
Sold by
Morgan Lila J
Bought by
Morgan Lila J and Lila J Morgan Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
5.85%

Purchase Details

Closed on
Feb 21, 2003
Sold by
Morgan Lila J
Bought by
Morgan Lila J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
5.85%

Purchase Details

Closed on
Aug 9, 2002
Sold by
Morgan Lila J
Bought by
Morgan Lila J and Lila J Morgan Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.6%

Purchase Details

Closed on
Jul 25, 2002
Sold by
Morgan Lila J
Bought by
Morgan Lila J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.6%

Purchase Details

Closed on
Dec 21, 2001
Sold by
Morgan Lila J
Bought by
Morgan Lila J and Lila J Morgan Trust

Purchase Details

Closed on
Sep 26, 2001
Sold by
Miller John
Bought by
Miller Dorothy M

Purchase Details

Closed on
Oct 8, 1996
Sold by
Nieto Augustine L
Bought by
Morgan Max and Morgan Lila J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,400
Interest Rate
8.11%

Purchase Details

Closed on
Sep 26, 1996
Sold by
Julius Gonzales John and Merced Gonzales Merced
Bought by
Morgan Max and Morgan Lila J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,400
Interest Rate
8.11%

Purchase Details

Closed on
Jan 8, 1993
Sold by
Morgan Max and Morgan Lila J
Bought by
Gonzales John Julius and The John Julius Gonzales Revocable Trust
Source: Public Records

Range of Values:

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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
Zegers Harro $1,950,000 California Title Company
Morgan Lila J -- Stewart Title Of Ca Inc
Morgan Lila J -- Stewart Title Of Ca Inc
Morgan Lila J -- Stewart Title Of Ca Inc
Morgan Lila J -- Accommodation
Morgan Lila J -- Lawyers
Morgan Lila J -- Lawyers
Morgan Lila J -- First American Title Co
Morgan Lila J -- First American Title Co
Morgan Lila J -- First American Title Co
Morgan Lila J -- First American Title Co
Morgan Lila J -- --
Morgan Lila J -- First American Title Co
Morgan Lila J -- --
Miller Dorothy M -- First American Title Co
Morgan Max $263,500 --
Morgan Max $230,000 --
Gonzales John Julius -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zegers Harro $850,000
Previous Owner Morgan Lila J $180,000
Previous Owner Morgan Lila J $201,000
Previous Owner Morgan Lila J $203,000
Previous Owner Morgan Lila J $204,000
Previous Owner Morgan Lila J $206,400
Previous Owner Morgan Max $210,400
Previous Owner Morgan Max $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2016 01/28/16 Sold $1,950,000 -2.5% $824 / Sq Ft
01/11/2016 01/11/16 Pending -- -- --
11/10/2015 11/10/15 Price Changed $1,999,000 -16.5% $845 / Sq Ft
09/01/2015 09/01/15 For Sale $2,395,000 -- $1,012 / 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 $24,202 $2,308,403 $1,997,486 $310,917
2024 $24,202 $2,263,141 $1,958,320 $304,821
2023 $23,635 $2,218,766 $1,919,921 $298,845
2022 $23,243 $2,175,261 $1,882,275 $292,986
2021 $22,798 $2,132,609 $1,845,367 $287,242
2020 $22,579 $2,110,742 $1,826,445 $284,297
2019 $22,111 $2,069,355 $1,790,632 $278,723
2018 $21,671 $2,028,780 $1,755,522 $273,258
2017 $21,288 $1,989,000 $1,721,100 $267,900
2016 $7,469 $678,939 $361,897 $317,042
2015 $7,324 $668,741 $356,461 $312,280
2014 $7,151 $655,642 $349,479 $306,163
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15193987

California Regional Multiple Listing Service (CRMLS)

APN: 933-940-41