$11,400,000
SOLD OCT 27, 2023
4 Beds
4.5 Baths
5,760 Sq Ft
3,830 Sq Ft Lot

Recently Sold

$1,979 Per Sq Ft

Highlights

  • Coastline Views
  • Fireplace in Primary Bedroom Retreat
  • No HOA
  • Newport Elementary School Rated A
  • Bonus Room
  • 3 Car Attached Garage

About This Home

As of October 2023

Sold Off Market

Last Agent to Sell the Property

Tara McNabb

Compass License #01871729 Listed on: 10/27/2023

Compass

Last Buyer's Agent

Tara McNabb

Compass License #01871729 Listed on: 10/27/2023

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $120,345

Year Built

  • Built in 2021

Lot Details

  • 3,830 Sq Ft Lot
  • Rectangular Lot

Parking

  • 3 Car Attached Garage

Property Views

  • Coastline
  • Catalina
  • Orchard Views

Interior Spaces

  • 5,760 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Bonus Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom Retreat

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 6466
  • Assessor Parcel Number 04817033
  • $369 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Balboa Peninsula Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$120,345

Year Built

Built in 2021

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04817033
  • Year Built: 2021
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 5760.00 Square Feet
  • Stories: 1
  • Entry Location: main
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Family Room, Primary Retreat
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1979.17
  • Room Type: Bonus Room

Exterior Features

  • View: Catalina, Coastline, Orchard
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Watersports

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 3830.00
  • Lot Size Acres: 0.0879

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3830.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 628.00
  • Tax Lot: 4
  • Tax Tract Number: 6466
  • TaxOtherAnnualAssessmentAmount: 369.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2023
Closed on
Oct 9, 2023
Sold by
Bassaly 1 Llc
Bought by
42 Offshore Llc
Seller's Agent
Tara McNabb
Compass
Buyer's Agent
Tara McNabb
Compass
List Price
$11,400,000
Sold Price
$11,400,000
Views
10
Current Estimated Value
$9,577,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,822,338
Avg. Annual Appreciation
-4.41%

Purchase Details

Listed on
Jan 30, 2017
Closed on
Jan 18, 2018
Sold by
Ward Rika and Dam Margot Nicole Van
Bought by
Bassaley 1 Llc
Seller's Agent
Sean Stanfield
Pacific Sotheby's Int'l Realty
Buyer's Agent
Sean Stanfield
Pacific Sotheby's Int'l Realty
List Price
$6,295,000
Sold Price
$5,250,000
Premium/Discount to List
-$1,045,000
-16.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.44%
Original Mortgage
$3,150,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2016
Sold by
Vandam Henriette
Bought by
Vandam Henriette and Van Dam Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
4.33%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Oct 30, 2000
Sold by
Vandam Simon and Vandam Henriette
Bought by
Vandam Simon and Vandam Henriette

Purchase Details

Closed on
Nov 16, 1995
Sold by
Vandam Henriette
Bought by
Vandam Henriette
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 Type Sale Price Title Company
Grant Deed $11,400,000 First American Title
Grant Deed $5,250,000 Lawyers Title
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Gift Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $8,500,000 New Conventional
Previous Owner $7,500,000 Commercial
Previous Owner $5,918,800 Commercial
Previous Owner $3,150,000 Purchase Money Mortgage
Previous Owner $938,250 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $11,400,000 0.0% $1,979 / Sq Ft
10/27/2023 10/27/23 Pending -- -- --
10/27/2023 10/27/23 For Sale $11,400,000 +117.1% $1,979 / Sq Ft
01/27/2018 01/27/18 Sold $5,250,000 -7.9% $1,616 / Sq Ft
10/13/2017 10/13/17 Price Changed $5,700,000 -9.5% $1,755 / Sq Ft
01/30/2017 01/30/17 For Sale $6,295,000 -- $1,938 / 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 $120,345 $11,400,000 $9,272,028 $2,127,972
2023 $77,402 $7,347,318 $5,523,616 $1,823,702
2022 $76,130 $7,203,253 $5,415,309 $1,787,944
2021 $65,153 $6,157,832 $5,309,127 $848,705
2020 $59,258 $5,594,170 $5,254,689 $339,481
2019 $56,658 $5,355,000 $5,151,656 $203,344
2018 $56,628 $5,355,000 $5,167,944 $187,056
2017 $2,623 $222,766 $114,124 $108,642
2016 $2,566 $218,399 $111,887 $106,512
2015 $2,539 $215,119 $110,206 $104,913
2014 $2,478 $210,906 $108,048 $102,858
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23200798

California Regional Multiple Listing Service (CRMLS)

APN: 048-170-33