NOT LISTED FOR SALE

Estimated Value: $7,107,000 - $9,989,126

6 Beds
6 Baths
5,000 Sq Ft
$1,639/Sq Ft Est. Value

Last Sold May 02, 2013

Last sale price $3,750,000 $750 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $50,010/month

30 Days on Market

Highlights

  • Ocean View
  • In Ground Spa
  • Ocean Side of Highway 1
  • Newport Elementary School Rated A
  • Primary Bedroom Suite
  • 0.13 Acre Lot

About This Home

As of May 2013

Gracing a double lot on Newport’s Peninsula Point on a tree lined street less than a half block from the sand, this overwhelmingly charming Cape Cod inspired home is simply extraordinary. A nearly 50 ft long porch welcomes you as approach with one of many outdoor seating areas on one end and a real Southern style porch swing on the other. Step though the Dutch door to enter the foyer and open floor plan allows your eye to catch the outdoor back yard with private pool/spa and plenty of space to entertain. Centering the first floor is the open eat in kitchen from which floats the cozy “put your feet up” great room and gracious dining area. Guest bedrm with en suite bath, powder room, utility room and a Hemingway-esque living room with fireplace on the first floor. A perfect balance of comfort and unparalleled style, beamed or slatted ceilings, unusual architectural detail. Upstairs is a magical master bedroom with a small deck overlooking the pool, 4 secondary bedrooms (one with a large sun porch overlooking the pool), a bonus room with an office/craft room and another sunset facing rooftop deck, with ocean views! The combination of space and gracious style is simply unparalleled and something rarely seen on this coast. A must see!

Last Agent to Sell the Property

Katie Rollins

Surterre Properties Inc. License #01379867 Listed on: 02/04/2013

Surterre Properties Inc.

Last Buyer's Agent

Tim Robertson

Compass License #01413500

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,030

Year Built

  • Built in 2009

Lot Details

  • 5,738 Sq Ft Lot
  • Property fronts an alley
  • Masonry wall
  • Landscaped
  • Front Yard Sprinklers
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage
  • Side by Side Parking
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Split Level Home
  • Turnkey
  • Slab Foundation
  • Shingle Roof
  • Wood Roof
  • Partial Copper Plumbing
  • Copper Plumbing

Interior Spaces

  • 5,000 Sq Ft Home
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Jalousie or louvered window
  • Custom Window Coverings
  • Blinds
  • Casement Windows
  • Double Door Entry
  • French Doors
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Home Office
  • Bonus Room
  • Storage
  • Utility Room
  • Ocean Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Convection Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Pool

  • In Ground Spa
  • Private Pool

Outdoor Features

  • Ocean Side of Highway 1
  • Balcony
  • Patio
  • Arizona Room
  • Lanai
  • Outdoor Grill
  • Porch

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Central Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8,9
  • Tax Tract Number 518
  • Assessor Parcel Number 04820152

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,030

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04820152
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5000.00
  • Interior Amenities: Beamed Ceilings, Built-in Features, Balcony, Cathedral Ceiling(s), Ceiling Fan(s), Chair Railings, Crown Molding, Copper Plumbing Full, High Ceilings, Living Room Deck Attached, Copper Plumbing Partial, Pantry, Recessed Lighting, Storage, Stone Counters, Wainscoting
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 6
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 6
  • Door Features: Double Door Entry, French Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen
  • Fireplace Features: Family Room, Living Room
  • Levels: Multi/Split
  • Price Per Square Foot: 750.00
  • Room Type: Bonus Room, Family Room, Great Room, Living Room, Master Bedroom, Multi-Level Bedroom, Master Suite, Walk-In Closet, Separate Family Room, Office, Utility Room
  • Spa Features: In Ground, Private
  • Window Features: Blinds, Casement Windows, Custom Covering, Jalousies/Louvered
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Ocean
  • Fence: Yes
  • Fencing: Masonry
  • Patio And Porch Features: Arizona Room, Deck, Lanai, Porch
  • Pool Features: Private
  • Pool Private: Yes
  • Roof: Shingle, Wood
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Garage Door Opener, Garage Faces Rear, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Underground Utilities
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Convection Oven, Double Oven, Dishwasher, Disposal, Gas Cooktop, Ice Maker, Microwave, Self Cleaning Oven, Water Heater Central, Water Line to Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Inside, Stackable
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Back Yard, Landscaped, Sprinklers In Front
  • Lot Size Sq Ft: 5738.00
  • Lot Size Acres: 0.1320

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5738.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 8,9
  • Tax Tract Number: 518

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2013
Closed on
May 2, 2013
Sold by
Toohey Thomas D and Lascala Kit
Bought by
Mockingbird Group Llc
Seller's Agent
Katie Rollins
Surterre Properties Inc.
Buyer's Agent
Tim Robertson
Compass
List Price
$3,950,000
Sold Price
$3,750,000
Premium/Discount to List
-$200,000
-5.06%
Total Days on Market
30
Current Estimated Value
$8,195,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,445,782
Avg. Annual Appreciation
6.68%

Purchase Details

Closed on
Oct 4, 2004
Sold by
Toohey Tom and Lascala Kit
Bought by
Toohey Thomas D and Lascala Kit K

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
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 1996
Sold by
Biggerstaff Ray C and Biggerstaff Pauline
Bought by
Toohey Thomas D and Lascala Kit K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
7.96%
Mortgage Type
Seller Take Back
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
Mockingbird Group Llc $3,750,000 California Title Company
Toohey Thomas D -- First American Title Company
Toohey Thomas D $525,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Toohey Thomas D $2,040,000
Previous Owner Toohey Thomas D $1,000,000
Previous Owner Toohey Thomas D $1,050,000
Previous Owner Toohey Thomas D $232,000
Previous Owner Toohey Thomas D $525,000
Closed Toohey Thomas D $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2013 05/02/13 Sold $3,750,000 -5.1% $750 / Sq Ft
03/06/2013 03/06/13 Pending -- -- --
02/04/2013 02/04/13 For Sale $3,950,000 -- $790 / 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 $48,030 $4,527,307 $4,140,648 $386,659
2023 $48,207 $4,438,537 $4,059,459 $379,078
2022 $47,641 $4,351,507 $3,979,861 $371,646
2021 $47,087 $4,266,184 $3,901,825 $364,359
2020 $46,657 $4,222,440 $3,861,817 $360,623
2019 $45,756 $4,139,648 $3,786,096 $353,552
2018 $45,125 $4,058,479 $3,711,859 $346,620
2017 $44,287 $3,978,901 $3,639,077 $339,824
2016 $43,439 $3,900,884 $3,567,723 $333,161
2015 $43,215 $3,842,290 $3,514,133 $328,157
2014 $42,235 $3,767,025 $3,445,296 $321,729
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP13015913

California Regional Multiple Listing Service (CRMLS)

APN: 048-201-52