$4,500,000
SOLD MAY 12, 2014
3 Beds
3 Baths
2,349 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$1,916 Per Sq Ft

14% Below List Price

285 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Custom Home
  • Newport Elementary School Rated A
  • Property has ocean access
  • Private Yard

About This Home

As of May 2014

Paradise awaits. Past the end of the boardwalk this house sits on the peaceful and beautiful Peninsula Point beach. No joggers, bikers or skateboarders zoom past your home so the beach is like your "front yard". Since the home was built it has remained in the same family so it has never been offered before. It was built specifically to be allergen free and has remained pet free and smoke free the entire time. The quality of the construction is outstanding. The high end construction includes unique "built-in" cabinetry crafted to exacting tolerances by master craftsmen. The garage, kitchen, utility/pantry and living room are located downstairs. The master suite, bedrooms and second-"view" living room are located upstairs. Significant pride of ownership has resulted in scrupulous maintenance and repairs over the years. Although the home could use some modest modernization the superior quality and thoughtful craftsmanship make the home ready for many more years of enjoyment. It sits forward on the lot so a new owner might add on to the back of the structure. You can park 5 or 6 cars on the property which is a plus on those summer beach days when parking is at a premium and your guests are coming for a swim and BBQ.

Last Agent to Sell the Property

Jeffrey Sangster

Jeffrey Sangster, Broker License #00797663 Listed on: 05/01/2013

Last Buyer's Agent

Debbie Johnson

Pacific Sotheby's Int'l Realty License #01177685

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $69,420

Year Built

  • Built in 1948

Lot Details

  • 3,049 Sq Ft Lot
  • Beach Front
  • Southeast Facing Home
  • Block Wall Fence
  • Level Lot
  • Private Yard
  • Back and Front Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Single Garage Door

Property Views

  • White Water Ocean
  • Coastline
  • Views of a pier
  • Catalina

Home Design

  • Custom Home
  • Turnkey
  • Flat Roof Shape
  • Slab Foundation
  • Tar and Gravel Roof
  • Wood Siding
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 2,349 Sq Ft Home
  • Built-In Features
  • Drapes & Rods
  • Wood Frame Window
  • Window Screens
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Double Oven
  • Built-In Range
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Property has ocean access
  • Tile Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating
  • Vented Exhaust Fan
  • Underground Utilities
  • 220 Volts in Kitchen
  • Gas Water Heater
  • Phone Available
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 518
  • Assessor Parcel Number 04820222

Home Details

Home Type

Single Family

Est. Annual Taxes

$69,420

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Architectural Style: Custom Built
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04820222
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2349.00
  • Interior Amenities: Built-in Features, Copper Plumbing Partial, Tile Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: In Living Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 1915.71
  • Room Type: All Bedrooms Up
  • Window Features: Drapes, Screens, Wood Frames

Exterior Features

  • Patio: Yes
  • Direction Faces: Southeast
  • Foundation: Slab
  • Exterior Features: Rain Gutters, Satellite Dish
  • View: Catalina, Coastline, Ocean, Pier, Water, White Water
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Concrete, Tile
  • Pool Private: No
  • Roof: Flat, Tar/Gravel
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Concrete, Garage, Garage - Single Door
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Phone Available, Underground Utilities
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Double Oven, Dishwasher, Electric Range, Disposal, Gas Water Heater, Refrigerator, Vented Exhaust Fan
  • Electric: 220 Volts in Kitchen, 220 Volts in Laundry
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Storm Drains

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Back Yard, Front Yard, Level with Street, Yard
  • Lot Size Sq Ft: 3049.00
  • Lot Size Acres: 0.0700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3049.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front

Tax Info

  • Tax Lot: 18
  • Tax Tract Number: 518

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2014
Sold by
Kennington Janet Gold and Gold Larry Locker
Bought by
Parikh Abhay and Itchhaporia Dipti
Current Estimated Value
$9,302,783

Purchase Details

Closed on
Oct 5, 2010
Sold by
Gold Helen F and Kennington Janet Gold
Bought by
Gold Helen F and Kennington Janet Gold
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $4,500,000 Lawyers Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2014 07/08/14 Rented $6,250 -10.7% --
06/08/2014 06/08/14 Under Contract -- -- --
06/01/2014 06/01/14 For Rent $7,000 0.0% --
05/12/2014 05/12/14 Sold $4,500,000 -5.3% $1,916 / Sq Ft
02/10/2014 02/10/14 Pending -- -- --
02/03/2014 02/03/14 Price Changed $4,750,000 -5.0% $2,022 / Sq Ft
01/06/2014 01/06/14 Price Changed $4,999,000 -4.7% $2,128 / Sq Ft
05/01/2013 05/01/13 For Sale $5,245,000 -- $2,233 / 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
2025 $69,420 $6,691,320 $5,381,338 $1,309,982
2024 $69,420 $6,560,118 $5,275,821 $1,284,297
2023 $67,801 $6,431,489 $5,172,374 $1,259,115
2022 $66,686 $6,305,382 $5,070,955 $1,234,427
2021 $65,404 $6,181,748 $4,971,525 $1,210,223
2020 $64,777 $6,118,362 $4,920,548 $1,197,814
2019 $61,151 $5,782,315 $4,824,067 $958,248
2018 $54,207 $5,124,610 $4,729,478 $395,132
2017 $50,635 $4,753,104 $4,636,744 $116,360
2016 $49,571 $4,659,906 $4,545,827 $114,079
2015 $49,132 $4,589,910 $4,477,544 $112,366
2014 $2,400 $4,620,884 $4,515,016 $105,868
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13079089

California Regional Multiple Listing Service (CRMLS)

APN: 048-202-22