NOT LISTED FOR SALE

Estimated Value: $2,319,888 - $3,032,000

3 Beds
2 Baths
1,400 Sq Ft
$129/mo HOA Fee

Last Sold May 29, 2015

Last sale price $1,600,000 $1,143 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $16,942/month

11 Days on Market

Highlights

  • Bay View
  • All Bedrooms Downstairs
  • Cape Cod Architecture
  • Newport Elementary School Rated A
  • Open Floorplan
  • Wood Flooring

About This Home

As of May 2015

Steps from the sand, this immaculate three bedroom, two bath home with refined beach-chic aesthetic is move-in ready! Newer construction condominium affords easy living at the beach - whether looking for a lock-and-leave beach retreat, or income producing short-term vacation rental unit. Open living and dining areas replete with hardwood flooring, fireplace, and French doors leading to large wrap around brick patio with peek-a-boo view to bay. Well-equipped cook's kitchen with breakfast bar, marble counters and stainless appliance package. Master bedroom suite with seaside-inspired touches, his and hers closets, double vanity and separate shower area. Gracious guest suite or optional library/den. Third bedroom and adjacent bath. Private built-in BBQ, attached garage with storage, and additional covered carport. Sited one door from the oceanfront and just a short half block from the bay, this represents a fantastic vacation home opportunity with the added benefit of a strong rental income history. Don't miss this chance to live seaside at "The Point".

Last Agent to Sell the Property

Tara Shapiro

Coldwell Banker Realty License #01892201 Listed on: 04/23/2015

Coldwell Banker Realty

Last Buyer's Agent

Jon Pugh

eXp Realty of California License #01409210

eXp Realty of California

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,927

Year Built

  • Built in 2008

Lot Details

  • 1 Common Wall
  • Paved or Partially Paved Lot
  • Drip System Landscaping

HOA Fees

  • $129 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Attached Carport Space
  • Parking Available
  • Single Garage Door
  • Shared Driveway

Property Views

  • Bay
  • Peek-A-Boo

Home Design

  • Cape Cod Architecture
  • Turnkey
  • Brick Exterior Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,400 Sq Ft Home
  • Open Floorplan
  • Wired For Data
  • Ceiling Fan
  • Fireplace With Gas Starter
  • French Doors
  • Great Room
  • Living Room with Fireplace
  • Wood Flooring
  • Home Security System

Kitchen

  • Built-In Range
  • Indoor Grill
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Brick Porch or Patio
  • Exterior Lighting
  • Outdoor Grill

Location

  • Urban Location

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 6466
  • Assessor Parcel Number 93050425

Community Details

Overview

  • Master Insurance
  • 2 Units

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,927

Year Built

Built in 2008

Lot Details

0

HOA Fees

$129 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Smoke Detector(s), Security System
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93050425
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1400.00
  • Interior Amenities: Ceiling Fan(s), Wired for Data, Granite Counters, Open Floorplan
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace Features: Gas Starter, Living Room
  • Levels: One
  • Price Per Square Foot: 1142.86
  • Room Type: All Bedrooms Down, Great Room, Master Bedroom

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private
  • View: Bay, Peek-A-Boo
  • Patio And Porch Features: Brick, Patio
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Brick, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Covered, Attached Carport, Garage, Garage - Single Door, Shared Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Sewer Available, Underground Utilities
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Freezer, Disposal, Gas Range, Indoor Grill, Gas Water Heater, Range Hood, Microwave, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance
  • Association Fee: 1551.00
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Storm Drains, Urban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Paved, Corner Lot, Sprinklers Drip System
  • Lot Size Sq Ft: 3830.00
  • Lot Size Acres: 0.0880

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3830.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 6466

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2023
Sold by
Berndt Carolyn A
Bought by
Carolyn A Berndt Trust and Berndt
Current Estimated Value
$2,743,629

Purchase Details

Closed on
Sep 24, 2015
Sold by
Berndt Roland R and Berndt Carolyn A
Bought by
Berndt National Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 23, 2015
Closed on
May 22, 2015
Sold by
Greenberg Adam and Greenberg Debra
Bought by
Berndt National Investments Llc
Seller's Agent
Tara Shapiro
Coldwell Banker Realty
Buyer's Agent
Jon Pugh
eXp Realty of California
List Price
$1,595,000
Sold Price
$1,600,000
Premium/Discount to List
$5,000
0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%

Purchase Details

Closed on
Jan 6, 2009
Sold by
Tommy Balboa Llc
Bought by
Greenberg Adam and Greenberg Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$812,500
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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
Carolyn A Berndt Trust -- None Listed On Document
Berndt National Investments Llc -- Accommodation
Berndt Roland R -- None Available
Berndt National Investments Llc $1,600,000 Chicago Title Company
Greenberg Adam $1,250,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berndt National Investments Llc $895,000
Previous Owner Berndt Roland R $1,000,000
Previous Owner Greenberg Adam $806,534
Previous Owner Greenberg Adam $812,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2015 05/29/15 Sold $1,600,000 +0.3% $1,143 / Sq Ft
05/04/2015 05/04/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $1,595,000 0.0% $1,139 / Sq Ft
08/06/2014 08/06/14 Rented $5,100 -2.9% --
08/06/2014 08/06/14 For Rent $5,250 +5.0% --
09/01/2013 09/01/13 Rented $5,000 0.0% --
08/28/2013 08/28/13 Under Contract -- -- --
08/08/2013 08/08/13 For Rent $5,000 -2.9% --
08/22/2012 08/22/12 Rented $5,150 +3.0% --
08/07/2012 08/07/12 Under Contract -- -- --
07/23/2012 07/23/12 For Rent $5,000 -- --
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 $19,927 $1,856,934 $1,571,812 $285,122
2023 $19,460 $1,820,524 $1,540,992 $279,532
2022 $19,136 $1,784,828 $1,510,777 $274,051
2021 $18,770 $1,749,832 $1,481,154 $268,678
2020 $18,590 $1,731,890 $1,465,966 $265,924
2019 $18,207 $1,697,932 $1,437,222 $260,710
2018 $17,844 $1,664,640 $1,409,041 $255,599
2017 $17,529 $1,632,000 $1,381,412 $250,588
2016 $17,136 $1,600,000 $1,354,325 $245,675
2015 $14,477 $1,339,355 $1,077,849 $261,506
2014 $14,136 $1,313,119 $1,056,735 $256,384
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15086054

California Regional Multiple Listing Service (CRMLS)

APN: 930-504-25