NOT LISTED FOR SALE

1314 E Balboa Blvd Newport Beach, CA 92661

Balboa Peninsula Point Neighborhood

Estimated Value: $5,975,000 - $7,686,000

4 Beds
3 Baths
1,817 Sq Ft
$3,745/Sq Ft Est. Value

Last Sold October 20, 2017

Last sale price $4,850,000 $2,669 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $40,360/month

163 Days on Market

Highlights

  • Private Dock Site
  • Attached Guest House
  • Ocean Side of Highway 1
  • Newport Elementary School Rated A
  • Property Fronts a Bay or Harbor
  • Updated Kitchen

About This Home

As of October 2017

This charming vintage Balboa cottage sits on an extra deep bayfront lot with a large private dock. Built in 1920, this home has been meticulously cared for and updated -- it’s the perfect weekend escape to enjoy the beautiful bay, take your boat out for a cruise and relax on the private beach. The house has four bedrooms, three baths plus a guest cottage. The lot is 4,140 square feet, the house is 1,817 square feet and the property has 32 feet of bayfront including a private dock that can fit up to a 46' boat, there is a 55' offshore mooring available for purchase for an additional $55,000. Newly refinished hardwood floors are throughout the house, the master bedroom hosts an impressive bay view as well as a sitting area and en suite bath. The guest bedroom also has a 180 degree view of Newport Harbor. A bunkroom for the little ones and another bath make this property a dream for family getaways. The kitchen is open to the dining and living areas where there is an original fireplace, a bank of picture windows and classic wood siding painted white. This is an opportunity to own a turn key cottage or build the beach house of your dreams. This is the first time this home has been available for sale in over 75 years!

Last Agent to Sell the Property

Tim Carr

Pacific Sotheby's Int'l Realty License #01017277 Listed on: 04/10/2017

Co-Listed By

Karen Wright

Pacific Sotheby's Int'l Realty License #01979388

Last Buyer's Agent

Mary Hardesty

Mary Hardesty Realty License #01415276

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • 4,140 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Level Lot
  • Sprinkler System
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • Parking Available

Property Views

  • Bay
  • Panoramic
  • City Lights

Home Design

  • Bungalow
  • Raised Foundation
  • Composition Roof
  • Board and Batten Siding
  • Shingle Siding

Interior Spaces

  • 1,817 Sq Ft Home
  • Open Floorplan
  • Recessed Lighting
  • French Doors
  • Entryway
  • Family Room
  • Living Room with Fireplace

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Tile Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Tile Bathroom Countertop
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Private Dock Site
  • Docks
  • Ocean Side of Highway 1
  • Brick Porch or Patio
  • Exterior Lighting

Additional Homes

  • Attached Guest House

Schools

  • Newport Harbor High School

Utilities

  • Central Heating
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 105
  • Assessor Parcel Number 04816241

Home Details

Home Type

Single Family

Year Built

Built in 1920 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Bungalow
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04816241
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1817.00 Square Feet
  • Interior Amenities: Open Floorplan, Recessed Lighting, Tile Counters
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2669.24
  • Room Type: Entry, Family Room, Kitchen, Living Room
  • Bathroom Features: Shower, Shower In Tub, Remodeled, Tile Counters, Upgraded
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen, Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Guest House Attached
  • Exterior Features: Dock Private
  • View: Bay, City Lights, Panoramic, Water
  • Patio And Porch Features: Brick
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Board & Batten Siding, Shingle Siding

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Ice Maker, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Closet, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • High School: Newport Harbor
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level with Street, Sprinkler System
  • Lot Size Sq Ft: 4140.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Includes Dock, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 628.00
  • Tax Lot: 8
  • Tax Tract Number: 105

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2022
Sold by
Devin D Mamp Trust
Bought by
Balboa Family Trust
Current Estimated Value
$6,804,830

Purchase Details

Listed on
Apr 10, 2017
Closed on
Sep 22, 2017
Sold by
Lumpkin Keith R
Bought by
Frattali Dan
Seller's Agent
Tim Carr
Pacific Sotheby's Int'l Realty
Buyer's Agent
Mary Hardesty
Mary Hardesty Realty
List Price
$5,495,000
Sold Price
$4,850,000
Premium/Discount to List
-$645,000
-11.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.21%
Original Mortgage
$2,910,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 12, 2016
Sold by
Lumpkin Keith R
Bought by
Lumpkin Keith R

Purchase Details

Closed on
Jan 10, 1997
Sold by
Lumpkin Lillian R
Bought by
Lumpkin Lillian R and The Lillian R Lumpkin Trust

Purchase Details

Closed on
Jan 19, 1994
Sold by
Lumpkin Keith R and Lumpkin Lillian R
Bought by
Lumpkin Lillian R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Balboa Family Trust -- None Listed On Document
Frattali Dan $4,850,000 North American Title
Lumpkin Keith R -- None Available
Lumpkin Lillian R -- --
Lumpkin Lillian R -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frattali Dan $2,910,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2017 10/20/17 Sold $4,850,000 -7.6% $2,669 / Sq Ft
09/20/2017 09/20/17 Pending -- -- --
05/30/2017 05/30/17 Price Changed $5,249,000 -4.5% $2,889 / Sq Ft
04/10/2017 04/10/17 For Sale $5,495,000 -- $3,024 / 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 $57,321 $5,518,470 $5,450,572 $67,898
2024 $57,321 $5,410,265 $5,343,698 $66,567
2023 $55,984 $5,304,182 $5,238,920 $65,262
2022 $55,062 $5,200,179 $5,136,196 $63,983
2021 $54,004 $5,098,215 $5,035,486 $62,729
2020 $53,486 $5,045,940 $4,983,854 $62,086
2019 $52,369 $4,947,000 $4,886,131 $60,869
2018 $51,322 $4,850,000 $4,790,324 $59,676
2017 $2,855 $237,841 $209,138 $28,703
2016 $2,795 $233,178 $205,037 $28,141
2015 $2,766 $229,676 $201,957 $27,719
2014 $2,702 $225,177 $198,000 $27,177
Source: Public Records

Agents Affiliated with this Home

  • Tim Carr

    Seller's Agent in 2017

    Tim Carr

    Pacific Sotheby's Int'l Realty

    (949) 230-8454

    3 in this area

    150 Total Sales

    Tim Carr
    Section Image
  • Karen Wright

    Seller Co-Listing Agent in 2017

    Karen Wright

    Pacific Sotheby's Int'l Realty

    (949) 702-0610

    5 Total Sales

    Karen Wright
    Section Image
  • Mary Hardesty

    Buyer's Agent in 2017

    Mary Hardesty

    Mary Hardesty Realty

    (949) 675-3612

    14 Total Sales

    Mary Hardesty
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17072808

California Regional Multiple Listing Service (CRMLS)

APN: 048-162-41

California Orange County Newport Beach 92661 Balboa Peninsula Point

1314 E Balboa Blvd, Newport Beach, CA

Not Listed for Sale

Detached

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