NOT LISTED FOR SALE

Estimated Value: $3,657,000 - $4,414,906

3 Beds
2.5 Baths
2,061 Sq Ft
$1,978/Sq Ft Est. Value

Last Sold July 26, 2013

Last sale price $1,643,850 $798 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $23,934/month

123 Days on Market

Highlights

  • Primary Bedroom Suite
  • Ocean Side of Freeway
  • Wood Flooring
  • Newport Elementary School Rated A
  • Custom Home
  • 2-minute walk to Newport Beach Playground

About This Home

As of July 2013

This 3-Bedroom, 2.5 Bathroom home has been completely remodeled in a relaxed beach style. The beautiful large Family Room features a cozy fireplace and built-in display shelves. The rare main floor Master Suite has a walk-in closet, and designer marble Master Bathroom with a steam shower. The two upstairs bedrooms are large and tastefully designed. The upstairs bathroom was also professionally designed. The home features new windows, doors and flooring. The extra-large 2-car garage has abundant storage. The beach and bay are just across the street and the home is central to everything in the Peninsula area.

Last Agent to Sell the Property

Sherri Moore

Prudential California Realty License #01043935 Listed on: 02/28/2013

Last Buyer's Agent

Sherri Moore

Prudential California Realty License #01043935 Listed on: 02/28/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,183

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • 2,741 Sq Ft Lot
  • East Facing Home
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Custom Home
  • Cottage
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,061 Sq Ft Home
  • Built-In Features
  • Crown Molding
  • Wood Burning Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • French Mullion Window
  • Living Room with Fireplace
  • Dining Room
  • Breakfast Area or Nook

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Ocean Side of Freeway
  • Rain Gutters

Utilities

  • Heating System Uses Natural Gas
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 4 / 9
  • Tax Tract Number 626
  • Assessor Parcel Number 04723324

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,183

Year Built

Built in 1962 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Agent Office
  • Other Phone Number: 714-921-4789
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: No
  • Architectural Style: Custom Built, Cottage
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04723324
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2061.00
  • Interior Amenities: Built-in Features, Crown Molding
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Electric, Gas, Living Room, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 797.60
  • Room Type: Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite
  • Window Features: French/Mullioned

Exterior Features

  • Direction Faces: East
  • Exterior Features: Rain Gutters
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Sidewalks

Lot Info

  • Lot Features: Level
  • Lot Size Sq Ft: 2741.00
  • Lot Size Acres: 0.0630

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2741.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Block: 9
  • Tax Lot: 4
  • Tax Tract Number: 626

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2013
Closed on
Jun 14, 2013
Sold by
Moore Gary P and Moore Sheresa J
Bought by
Albarian Rafi S and Albarian Dorine S
Seller's Agent
Sherri Moore
Prudential California Realty
Buyer's Agent
Sherri Moore
Prudential California Realty
List Price
$1,799,000
Sold Price
$1,643,850
Premium/Discount to List
-$155,150
-8.62%
Current Estimated Value
$4,076,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,432,627
Avg. Annual Appreciation
7.76%
Original Mortgage
$1,100,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 10, 2008
Sold by
Blomo Donald J and Blomo Kathleen A
Bought by
Moore Gary P and Moore Sheresa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,190,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Albarian Rafi S $1,644,000 Ticor Title Co
Moore Gary P $1,700,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albarian Rafi S $1,100,000
Closed Albarian Rafi S $250,000
Closed Albarian Rafi S $1,100,000
Previous Owner Moore Gary P $934,000
Previous Owner Moore Gary P $1,190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2013 07/26/13 Sold $1,643,850 -4.7% $798 / Sq Ft
05/13/2013 05/13/13 Price Changed $1,725,000 -4.1% $837 / Sq Ft
02/28/2013 02/28/13 For Sale $1,799,000 -- $873 / 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 $21,183 $2,015,313 $1,862,152 $153,161
2024 $21,183 $1,975,798 $1,825,640 $150,158
2023 $20,686 $1,937,057 $1,789,843 $147,214
2022 $20,343 $1,899,076 $1,754,748 $144,328
2021 $19,953 $1,861,840 $1,720,341 $141,499
2020 $19,762 $1,842,750 $1,702,701 $140,049
2019 $19,354 $1,806,618 $1,669,315 $137,303
2018 $18,968 $1,771,195 $1,636,584 $134,611
2017 $18,633 $1,736,466 $1,604,494 $131,972
2016 $18,215 $1,702,418 $1,573,033 $129,385
2015 $18,044 $1,676,847 $1,549,405 $127,442
2014 $17,618 $1,644,000 $1,519,054 $124,946
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13033162

California Regional Multiple Listing Service (CRMLS)

APN: 047-233-24