NOT LISTED FOR SALE

Estimated Value: $5,897,000 - $7,469,000

4 Beds
3.5 Baths
2,960 Sq Ft
$2,240/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $4,000,000 $1,351 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $41,007/month

197 Days on Market

Highlights

  • Ocean View
  • Property is near a park
  • No HOA
  • Newport Elementary School Rated A
  • Wood Flooring
  • Open to Family Room

About This Home

As of May 2020

Location!, Location!, Location!...
Located in the much desired Peninsula Point area of Newport Beach.. and just down the street from the legendary surf spot “The Wedge” and the Newport Channel Opening
Only one house separates you from the sand and surf of the Pacific Ocean…and view Ocean Sunsets from your 3rd story back patio..
This newer built (2015) Custom Cape Cod Transitional house has been a 2nd home.. with a beautiful open floorplan with gorgeous oak-like hardwood floors throughout .. stylish accordian doors swing out all the way open seemlessly tying the family room and gourmet kitchen with the outdoor front patio …for enjoyng all the beach feels of the quaint water oriented neighborhood…( access to Newport Bay is just around the corner also )
A 2car garage is complemented with an added outdoor storage area that would be great for conveniently storing stand up paddle boards, surfboards and other water sports activity hard goods…
Make 1515 E Ocean Blvd your Location for owning that beach retreat you’ve been looking for all these years!....

Please view both videos attached above...1) VT1 = Property Video and 2) VT2 = Virtual Property Tour"
Please call for a private showing...

Last Agent to Sell the Property

Kevin Kanda

Surterre Properties Inc. License #01023714 Listed on: 11/07/2019

Surterre Properties Inc.

Last Buyer's Agent

Tara Shapiro

Coldwell Banker Realty License #01892201

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,521

Year Built

  • Built in 2015

Lot Details

  • 2,450 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors

Property Views

  • Ocean
  • Catalina
  • City Lights

Home Design

  • Stucco

Interior Spaces

  • 2,960 Sq Ft Home
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Home Security System
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Bathtub
  • Separate Shower

Schools

  • Newport Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Open Patio
  • Property is near a park

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 42 / B
  • Tax Tract Number 518
  • Assessor Parcel Number 04820204

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,521

Year Built

Built in 2015

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Security System
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04820204
  • Year Built: 2015
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2960.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, In Kitchen, In Living Room
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1351.35
  • Room Type: All Bedrooms Up
  • Bathroom Features: Bathtub, Separate Tub And Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Catalina, City Lights, Ocean
  • Patio And Porch Features: Patio Open
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Gas Range, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Other
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport
  • Middle School: Ensign
  • High School: Newport Harbor
  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Park Nearby
  • Lot Size: 36x70, 37x70
  • Lot Size Sq Ft: 2450.00
  • Lot Size Acres: 0.0562

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2450.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: B
  • Tax Census Tract: 628.00
  • Tax Lot: 42
  • Tax Tract Number: 518

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2019
Closed on
May 21, 2020
Sold by
Rowe Stanton J and Rowe Chiyo Imai
Bought by
Hopkins Michael Charles and Hopkins Sheri Lynn
Seller's Agent
Kevin Kanda
Surterre Properties Inc.
Buyer's Agent
Tara Shapiro
Coldwell Banker Realty
List Price
$4,495,000
Sold Price
$4,000,000
Premium/Discount to List
-$495,000
-11.01%
Total Days on Market
197
Current Estimated Value
$6,629,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,629,450
Avg. Annual Appreciation
10.66%
Original Mortgage
$2,400,000
Outstanding Balance
$2,103,643
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$4,541,802

Purchase Details

Listed on
Apr 19, 2017
Closed on
May 16, 2017
Sold by
Bartz Howard Jay and Mcqueary Katie
Bought by
Rowe Stanton J and Rowe Chiyo Lmai
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
List Price
$3,995,000
Sold Price
$3,850,000
Premium/Discount to List
-$145,000
-3.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.29%

Purchase Details

Listed on
Apr 19, 2017
Closed on
May 15, 2017
Sold by
Alliance Trust Co
Bought by
Bartz Howard Jay and Mcqueary Katie
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
List Price
$3,995,000
Sold Price
$3,850,000
Premium/Discount to List
-$145,000
-3.63%

Purchase Details

Closed on
Aug 15, 2016
Sold by
Bartz Howard Jay and Mcqueary Katie
Bought by
Alliance Trust Company and The Cabernet 2016 Nevada Trust

Purchase Details

Closed on
Jul 20, 2015
Sold by
Cefalia James J and Cefalia Sarah M
Bought by
Bartz Howard Jay and Howard Jay Bartz Jr Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.89%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 8, 2015
Sold by
Birnbaum Krista L
Bought by
Birnbaum Laurence M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2014
Sold by
Swink Barbara J
Bought by
Cefalia Ii James J and Cefallia Sarah M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2011
Sold by
Swink Barbara Joanne and Midyett Ronald Lane
Bought by
Swink Barbara J and Barbara J Swink Living Trust

Purchase Details

Closed on
Jun 14, 1996
Sold by
Midyett Ival V
Bought by
Midyett Ival and Swink Barbara Joanne
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 Buyer Sale Price Title Company
Hopkins Michael Charles $4,000,000 California Title Company
Rowe Stanton J $3,850,000 First American Title
Bartz Howard Jay -- First American Title Company
Alliance Trust Company -- None Available
Bartz Howard Jay -- None Available
Bartz Howard Jay -- None Available
Bartz Howard Jay $3,585,000 First American Title Company
Birnbaum Laurence M -- First American Title Company
Cefalia Ii James J $1,500,000 First American Title Company
Swink Barbara J -- Accommodation
Midyett Ival -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hopkins Michael Charles $2,400,000
Previous Owner Birnbaum Laurence M $180,000
Previous Owner Birnbaum Laurence M $400,000
Previous Owner Birnbaum Laurence M $170,823
Previous Owner Birnbaum Laurence M $177,634
Previous Owner Bartz Howard Jay $2,000,000
Previous Owner Cefalia Ii James J $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2020 05/29/20 Sold $4,000,000 -11.0% $1,351 / Sq Ft
05/22/2020 05/22/20 Pending -- -- --
04/14/2020 04/14/20 For Sale $4,495,000 +12.4% $1,519 / Sq Ft
03/24/2020 03/24/20 Off Market $4,000,000 -- --
11/07/2019 11/07/19 For Sale $4,495,000 +16.8% $1,519 / Sq Ft
06/05/2017 06/05/17 Sold $3,850,000 -3.6% $1,132 / Sq Ft
05/10/2017 05/10/17 Pending -- -- --
04/19/2017 04/19/17 For Sale $3,995,000 +14.1% $1,175 / Sq Ft
12/01/2015 12/01/15 Sold $3,500,000 0.0% $1,198 / Sq Ft
12/01/2015 12/01/15 For Sale $3,500,000 -- $1,198 / 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 $45,521 $4,288,807 $3,574,124 $714,683
2023 $44,458 $4,204,713 $3,504,043 $700,670
2022 $43,725 $4,122,268 $3,435,336 $686,932
2021 $42,885 $4,041,440 $3,367,977 $673,463
2020 $43,376 $4,085,650 $3,467,438 $618,212
2019 $42,471 $4,005,540 $3,399,449 $606,091
2018 $41,622 $3,927,000 $3,332,793 $594,207
2017 $38,850 $3,656,700 $3,054,743 $601,957
2016 $37,974 $3,585,000 $2,994,846 $590,154
2015 $16,861 $1,564,820 $1,462,424 $102,396
2014 $1,194 $81,787 $60,005 $21,782
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19258280

California Regional Multiple Listing Service (CRMLS)

APN: 048-202-04