NOT LISTED FOR SALE

Estimated Value: $8,018,000 - $11,331,306

4 Beds
3 Baths
4,428 Sq Ft
$2,142/Sq Ft Est. Value

Last Sold January 06, 2017

Last sale price $9,300,000 $2,100 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $62,558/month

Highlights

  • Private Dock Site
  • Beach Access
  • Boat Slip
  • Newport Elementary School Rated A
  • Property Fronts a Bay or Harbor
  • Above Ground Spa

About This Home

As of January 2017

Charming vintage Balboa home spanning sixty feet of frontage along the most revered stretch of the Peninsula bay front. With many of the original architectural details intact this extraordinary waterfront home awaits a new owner with vision to restore an iconic piece of Balboa history for the next generation to enjoy. Grand, open floor plan that is currently configured with four bedrooms, three-and-one-half baths, office, sunroom, and separate artist's studio. Dramatic two-story great room spanning the bay front with panoramic views in every direction. Elegant California deck leading to backyard beach, private pier and yacht accommodation for three large craft with present configuration. A remarkable residence that exudes the grace and charm of a bygone era. Truly a forever home.

Last Agent to Sell the Property

Tara Shapiro

Coldwell Banker Realty License #01892201 Listed on: 09/30/2016

Coldwell Banker Realty

Co-Listed By

Julianne Williams

Expansion Real Estate Services License #01935586

Last Buyer's Agent

Tara Shapiro

Coldwell Banker Realty License #01892201 Listed on: 09/30/2016

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $111,894

Year Built

  • Built in 1917

Lot Details

  • 0.25 Acre Lot
  • Property Fronts a Bay or Harbor
  • Level Lot

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • Bay
  • Panoramic
  • City Lights

Home Design

  • Cape Cod Architecture
  • Raised Foundation

Interior Spaces

  • 4,428 Sq Ft Home
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Library
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Above Ground Spa
  • Beach Access
  • Pier
  • Boat Slip
  • Private Dock Site
  • Docks
  • Patio
  • Lanai
  • Exterior Lighting
  • Rear Porch

Additional Features

  • Suburban Location
  • Forced Air Zoned Heating System

Listing and Financial Details

  • Legal Lot and Block 6 / 21
  • Tax Tract Number 7001
  • Assessor Parcel Number 04816240

Home Details

Home Type

Single Family

Est. Annual Taxes

$111,894

Year Built

Built in 1917

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 9494787781
  • Other Phone Number: 9494787781
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04816240
  • Year Built: 1917
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4428.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2100.27
  • Room Type: All Bedrooms Up, Den, Foyer, Kitchen, Library, Living Room
  • Spa Features: Above Ground

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Exterior Features: Boat Slip, Dock Private, Pier
  • View: Bay, City Lights, Panoramic, Water
  • Patio And Porch Features: Lanai, Rear Porch
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Zoned, Forced Air
  • Laundry Features: In Kitchen, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • 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: Level with Street, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11040.00

Tax Info

  • Tax Block: 21
  • Tax Census Tract: 628.00
  • Tax Lot: 6
  • Tax Tract Number: 07001

Multi Family

  • Waterfront Features: Bay Front, Beach Access, Includes Dock

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2022
Sold by
Troy D Derbst Trust
Bought by
Herbst Troy Dederick
Total Days on Market
0
Current Estimated Value
$9,483,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,500,000
Outstanding Balance
$9,169,365
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$1,851,802

Purchase Details

Closed on
Oct 12, 2016
Sold by
Cowgill Bruce
Bought by
Herbst Troy Dederick and The Troy D Herbst Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000,000
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 6, 1998
Sold by
Trust Ahern Priscilla Allen & Priscilla A
Bought by
Ahern Priscilla Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$985,000
Interest Rate
7%

Purchase Details

Closed on
Jul 3, 1998
Sold by
Allen Ahern Priscilla
Bought by
Ahern Priscilla Allen and The Priscilla Allen Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$985,000
Interest Rate
7%
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 Buyer Sale Price Title Company
Herbst Troy Dederick -- Chicago Title
Herbst Troy Dederick -- Chicago Title
Herbst Troy Dederick $9,300,000 First American Title
Ahern Priscilla Allen -- Lawyers Title Company
Ahern Priscilla Allen -- Lawyers Title Company
Ahern Priscilla Allen -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herbst Troy Dederick $9,500,000
Closed Herbst Troy Dederick $9,500,000
Previous Owner Herbst Troy $5,000,000
Previous Owner Herbst Troy Dederick $580,000
Previous Owner Herbst Troy D $0
Previous Owner Herbst Troy Dederick $5,000,000
Previous Owner Herbst Troy Dederick $6,000,000
Previous Owner Ahern Priscilla Allen $799,500
Previous Owner Ahern Priscilla Allen $820,000
Previous Owner Ahern Priscilla Allen $834,200
Previous Owner Ahern Priscilla Allen $945,000
Previous Owner Ahern Priscilla Allen $985,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2017 01/06/17 Sold $9,300,000 -4.6% $2,100 / Sq Ft
09/29/2016 09/29/16 Pending -- -- --
09/29/2016 09/29/16 For Sale $9,750,000 -- $2,202 / 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 $111,894 $10,596,808 $10,199,694 $397,114
2023 $109,288 $10,389,028 $9,999,700 $389,328
2022 $107,494 $10,185,322 $9,803,627 $381,695
2021 $105,426 $9,985,610 $9,611,399 $374,211
2020 $104,416 $9,883,220 $9,512,846 $370,374
2019 $102,227 $9,689,432 $9,326,320 $363,112
2018 $100,180 $9,499,444 $9,143,451 $355,993
2017 $33,600 $9,300,000 $8,964,168 $335,832
2016 $32,770 $3,096,141 $2,873,291 $222,850
2015 $32,462 $3,049,635 $2,830,132 $219,503
2014 $31,695 $2,989,897 $2,774,693 $215,204
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16714867

California Regional Multiple Listing Service (CRMLS)

APN: 048-162-40