NOT LISTED FOR SALE

Estimated Value: $6,967,000 - $9,970,437

5 Beds
5 Baths
-- Sq Ft
4,704 Sq Ft Lot

Last Sold February 09, 2012

Last sale price $8,000,000

Est. 8% increase in value since last sale

Current estimated payment $53,991/month

80 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Open Floorplan
  • Newport Elementary School Rated A
  • Property has ocean access
  • Cape Cod Architecture

About This Home

As of February 2012

Positioned on an oversized corner lot on Peninsula Point, this elegantly re-imagined ocean front home features spectacular panoramic sunset and Catalina views. At approximately five thousand square feet, the Hamptons inspired home is comprised of three beds, three baths and an expansive master suite with Waterworks-style bath, free-standing soaking tub and his-and-hers walk in closets. Interior designs by Scott Van Dyke. Additional features include a formal dining room, well-appointed chef s kitchen with breakfast nook, video-monitor security system, outdoor fireplace and stacked-stone barbecue, oversized garage with hydraulic compatibility, as well as a detached guest quarters with its own private deck.

Last Agent to Sell the Property

Katie Dickerson

Compass License #01885243 Listed on: 11/08/2011

Compass

Co-Listed By

Alison Eastman

Compass License #01504800

Last Buyer's Agent

Natalie Vizir

Natalie Vizir, Broker License #01358667

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924 | Remodeled

Lot Details

  • 4,704 Sq Ft Lot
  • Beach Front
  • Property fronts an alley
  • Partially Fenced Property
  • Stucco Fence
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Irregular Lot
  • Sprinklers Throughout Yard

Parking

  • 3 Car Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Workshop in Garage
  • Two Garage Doors
  • Garage Door Opener
  • On-Street Parking

Property Views

  • Ocean
  • Coastline
  • Catalina

Home Design

  • Cape Cod Architecture
  • Traditional Architecture
  • Turnkey
  • Raised Foundation
  • Slate Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • Open Floorplan
  • Wired For Sound
  • Built-In Features
  • Crown Molding
  • Fireplace
  • Double Pane Windows
  • Custom Window Coverings
  • Blinds
  • Bay Window
  • Sliding Doors
  • Formal Entry
  • Great Room
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Workshop
  • Storage
  • Closed Circuit Camera
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Gas Oven or Range
  • Cooktop with Range Hood
  • Warming Drawer
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Main Floor Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Laundry on upper level
  • Stacked Washer and Dryer
  • 220 Volts In Laundry

Outdoor Features

  • Property has ocean access
  • Deck
  • Outdoor Grill
  • Rain Gutters
  • Slab Porch or Patio

Additional Homes

  • Two Homes on a Lot

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Underground Utilities
  • Sewer Paid

Community Details

  • Custom
  • Community Barbecue Grill

Listing and Financial Details

  • Legal Lot and Block 0.11 / B
  • Tax Tract Number 518
  • Assessor Parcel Number 04820237

Home Details

Home Type

Single Family

Year Built

Built in 1924 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley
  • Security: Closed Circuit Camera(s)
  • Subdivision Name Other: Balboa Peninsula Point
  • View: Yes
  • Architectural Style: Cape Cod, Traditional
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04820237
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Built-in Features, Crown Molding, Open Floorplan, Copper Plumbing Partial, Storage, Wired for Sound
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Levels: Two
  • Room Type: Attic, Bonus Room, Den, Family Room, Formal Entry, Foyer, Guest/Maid's Quarters, Great Room, Living Room, Main Floor Bedroom, Walk-In Closet, Retreat, Workshop
  • Window Features: Blinds, Bay Window(s), Custom Covering, Drapes, Double Pane Windows

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Two On A Lot
  • Exterior Features: Barbecue Private, Rain Gutters
  • View: Catalina, Coastline, Ocean, Water
  • Fence: Yes
  • Fencing: Partial, Stucco Wall
  • Patio And Porch Features: Concrete, Deck, Porch, Slab, Stone
  • Pool Private: No
  • Roof: Slate
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage Door Opener, Oversized, Street, Built-In Storage, Garage - Two Door, Workshop in Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available, Underground Utilities
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In, Double Oven, Dishwasher, Gas Cooking, Disposal, Range Hood, Microwave, Oven, Range, Refrigerator, Cooktop, Water Line to Refrigerator, Warming Drawer
  • Electric: 220 Volts in Laundry
  • Heating Type: Central, Forced Air, Natural Gas, Wall Furnace, Zoned
  • Laundry Features: Gas Dryer Hookup, In Closet, Inside, Individual Room, Stackable, Upper Level
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Amenities: Barbecue
  • Senior Community: No
  • Community Features: Gutters, Sidewalks

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Level, Irregular Lot, Paved, Corner Lot, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer
  • Lot Size Sq Ft: 4704.00
  • Lot Size Acres: 0.1100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4704.0000 Square Feet
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front

Tax Info

  • Tax Block: B
  • Tax Lot: 0.11
  • Tax Tract Number: 518

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2011
Closed on
Feb 3, 2012
Sold by
Werner Patrick Stephen and Werner Mary Elizabeth
Bought by
1500 E Oceanfront Llc
Seller's Agent
Katie Dickerson
Compass
Buyer's Agent
Natalie Vizir
Natalie Vizir, Broker
List Price
$7,995,000
Sold Price
$8,000,000
Premium/Discount to List
$5,000
0.06%
Current Estimated Value
$8,633,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$633,812
Avg. Annual Appreciation
0.55%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
1500 E Oceanfront Llc $8,000,000 Lawyers Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2012 02/09/12 Sold $8,000,000 +0.1% --
02/03/2012 02/03/12 For Sale $7,995,000 0.0% --
01/27/2012 01/27/12 Pending -- -- --
11/08/2011 11/08/11 For Sale $7,995,000 -- --
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
2025 $105,061 $10,146,409 $9,312,912 $833,497
2024 $105,061 $9,947,460 $9,130,306 $817,154
2023 $102,615 $9,752,412 $8,951,280 $801,132
2022 $100,930 $9,561,189 $8,775,765 $785,424
2021 $98,988 $9,373,715 $8,603,691 $770,024
2020 $98,039 $9,277,600 $8,515,471 $762,129
2019 $95,985 $9,095,687 $8,348,501 $747,186
2018 $94,063 $8,917,341 $8,184,805 $732,536
2017 $92,395 $8,742,492 $8,024,319 $718,173
2016 $90,306 $8,571,071 $7,866,979 $704,092
2015 $89,465 $8,442,326 $7,748,810 $693,516
2014 $87,353 $8,276,953 $7,597,022 $679,931
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U11004715

California Regional Multiple Listing Service (CRMLS)

APN: 048-202-37