$7,827,296 - $8,509,000
RENTED APR 12, 2025
3 Beds
4 Baths
2,634 Sq Ft
$3,080 Price per Sq Ft

Last Sold July 18, 2024

Last sale price $8,000,000 $3,037 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $43,234/month

About This Home

As of July 2024

Perfectly positioned within the sought-after Alphabet Streets of Balboa Peninsula, this captivating oceanfront property embodies the essence of luxurious coastal living. With its prime location near the end of the boardwalk, it offers a serene and picturesque retreat with sweeping panoramic ocean views. Originally built in 1930, this stunning Spanish-style home has been thoughtfully and recently upgraded while retaining its original charm. Upgrades include a new roof, new windows, a new heat pump and AC, fresh exterior and interior paint, and owned solar panels. As you enter through a private patio, you're greeted by a cozy living room with tall ceilings adorned with exposed wooden beams, a fireplace, and breathtaking views of the dunes and ocean. The primary suite serves as a personal retreat, featuring a secluded sitting room, a newly remodeled en-suite bathroom, and a private balcony all with ocean views. Notable features include stainless steel appliances in the kitchen, hand-painted tiles, a two-car garage, and charming Spanish aesthetics throughout. Experience the epitome of coastal living with close proximity to world-class dining, shopping, the renowned Wedge surf spot, and John Wayne Airport. 1305 E Balboa is not just a residence; it's a lifestyle.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
May 29, 2024
Sold by
Corinne B Dossett Living Trust and Reichardt Paul E
Bought by
Glaser Todd and Glaser Kim
Seller's Agent
Katie Russell
Compass
Buyer's Agent
Matthew J. Altman
Douglas Elliman of California, Inc.
List Price
$8,200,000
Sold Price
$8,000,000
Premium/Discount to List
-$200,000
-2.44%
Views
13
Current Estimated Value
$8,111,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,824
Avg. Annual Appreciation
1.61%
Original Mortgage
$5,200,000
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2023
Sold by
Corinne And Andrew Dossett Trust
Bought by
Corinne B Dossett Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2015
Sold by
Dossett Andrew J and Dossett Corinne B
Bought by
Corinne & Andrew Dossett Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.73%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 16, 2000
Sold by
Dossett Corinne B
Bought by
Dossett Andrew J and Dossett Corinne B

Purchase Details

Closed on
May 14, 1997
Sold by
Andrew Dossett and Andrew Corinne B
Bought by
Dossett Corinne B and Dossett Andrew J
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
Glaser Todd $8,000,000 Chicago Title
Corinne B Dossett Living Trust -- --
Corinne & Andrew Dossett Trust -- None Available
Dossett Andrew J -- None Available
Dossett Corinne B -- None Available
Dossett Andrew J -- None Available
Dossett Andrew J -- --
Dossett Andrew J -- --
Dossett Andrew J -- --
Dossett Andrew J -- --
Dossett Corinne B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Glaser Todd $5,200,000
Previous Owner Corinne B Dossett Living Trust $200,000
Previous Owner Corinne B Dossett Living Trust $850,000
Previous Owner Dossett Andrew J $360,000
Previous Owner Dossett Andrew J $250,000
Previous Owner Dossett Andrew J $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2025 04/12/25 Rented $22,000 0.0% --
04/02/2025 04/02/25 For Rent $22,000 0.0% --
07/18/2024 07/18/24 Sold $8,000,000 -2.4% $3,037 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $8,200,000 -- $3,113 / Sq Ft

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 $2,219 $173,526 $110,489 $63,037
2023 $2,163 $170,124 $108,323 $61,801
2022 $2,049 $166,789 $106,199 $60,590
2021 $2,011 $163,519 $104,117 $59,402
2020 $1,990 $161,843 $103,050 $58,793
2019 $1,955 $158,670 $101,029 $57,641
2018 $1,917 $155,559 $99,048 $56,511
2017 $1,883 $152,509 $97,106 $55,403
2016 $1,843 $149,519 $95,202 $54,317
2015 $1,822 $147,274 $93,772 $53,502
2014 $1,779 $144,390 $91,936 $52,454
Source: Public Records

Agents Affiliated with this Home

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