$15,431,467
SOLD DEC 18, 2023
4 Beds
5.5 Baths
3,761 Sq Ft
3,200 Sq Ft Lot

Recently Sold

$4,103 Per Sq Ft

3% Below List Price

Highlights

  • Beach Front
  • Ocean View
  • New Construction
  • Newport Elementary School Rated A
  • Property has ocean access
  • Rooftop Deck

About This Home

As of December 2023

Architect: William Guidero Planning and Design. Builder: JB Collins Inc. Interior Designer: Prairie Interiors. New construction. Entered for comp purposes only.

Last Agent to Sell the Property

Russ Fluter

Russell E. Fluter License #00599306 Listed on: 12/18/2023

Last Buyer's Agent

Kim Bibb

Pacific Sotheby's Int'l Realty License #01210754

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $162,765

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 3,200 Sq Ft Lot
  • Beach Front
  • Property fronts an alley
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Two Garage Doors

Interior Spaces

  • 3,761 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Ocean Views
  • Laundry Room

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Outdoor Features

  • Property has ocean access
  • Rooftop Deck
  • Open Patio

Utilities

  • Central Air

Community Details

  • No Home Owners Association
  • Balboa Peninsula Point Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 04820221
  • $1 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$162,765

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04820221
  • Year Built: 2023
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 3761.00 Square Feet
  • Interior Amenities: Elevator
  • Stories: 3
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 4103.02
  • Room Type: Kitchen, Laundry, Primary Suite, Walk-In Closet
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: Ocean
  • Patio And Porch Features: Deck, Patio Open, Roof Top
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3200.00
  • Lot Size Acres: 0.0735

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3200.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2023
Sold by
1572 E Oceanfront Llc and Waterfront 777 Llc
Bought by
Moondoggies Beach Bungalow Llc
Current Estimated Value
$12,468,021

Purchase Details

Closed on
Jul 6, 2021
Sold by
1572 E Oceanfront Llc
Bought by
Watefront 777 Llc

Purchase Details

Listed on
Jan 5, 2021
Closed on
Feb 26, 2021
Sold by
Morgan Thomas H
Bought by
1572 E Oceanfront Llc
Seller's Agent
Russ Fluter
Russell E. Fluter
Buyer's Agent
Russ Fluter
Russell E. Fluter
Sold Price
$10,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.95%
Original Mortgage
$6,400,000
Interest Rate
2.73%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 11, 2020
Closed on
Dec 15, 2020
Sold by
Kpmw Integral Llc
Bought by
Morgan Thomas H
Seller's Agent
Michael Carpenter
Compass
Buyer's Agent
Russ Fluter
Russell E. Fluter
List Price
$7,095,000
Sold Price
$6,750,000
Premium/Discount to List
-$345,000
-4.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,760,078
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 10, 2015
Sold by
Bohemian Jazz Exchange
Bought by
Kpmw Integral Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,240,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 14, 2014
Closed on
Jul 15, 2014
Sold by
Brooks Andrew and Brooks Kelly
Bought by
Bohemian Jazz Exchange
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Jeff Ewing
Coldwell Banker Realty
List Price
$5,595,000
Sold Price
$5,300,000
Premium/Discount to List
-$295,000
-5.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.00%

Purchase Details

Closed on
Feb 8, 2004
Sold by
Brooks Andrew A and Brooks Kelly L
Bought by
Brooks Andrew and Brooks Kelly

Purchase Details

Closed on
Jun 27, 2003
Sold by
Marconi Richard Dale
Bought by
Brooks Andrew A and Brooks Kelly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 1995
Sold by
Marconi Richard D
Bought by
Marconi Richard Dale
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 Type Sale Price Title Company
Grant Deed $15,432,500 Ticor Title Company
Grant Deed -- Ticor Title
Grant Deed -- None Available
Grant Deed $6,750,000 Chicago Title Co Com Div
Grant Deed -- Chicago Title Company
Grant Deed $5,300,000 None Available
Interfamily Deed Transfer -- --
Grant Deed $3,200,000 Equity Title Company
Interfamily Deed Transfer -- Equity Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $6,400,000 Construction
Previous Owner $1,760,078 Commercial
Previous Owner $4,240,000 New Conventional
Previous Owner $4,240,000 New Conventional
Previous Owner $4,240,000 New Conventional
Previous Owner $2,000,000 Credit Line Revolving
Previous Owner $2,400,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2023 12/18/23 Sold $15,431,467 -2.9% $4,103 / Sq Ft
12/18/2023 12/18/23 Pending -- -- --
12/18/2023 12/18/23 For Sale $15,900,000 0.0% $4,228 / Sq Ft
03/19/2021 03/19/21 Rented $10,000 -16.7% --
01/05/2021 01/05/21 For Rent $12,000 0.0% --
12/28/2020 12/28/20 Sold $6,750,000 -4.9% $2,807 / Sq Ft
10/11/2020 10/11/20 For Sale $7,095,000 +33.9% $2,950 / Sq Ft
07/28/2014 07/28/14 Sold $5,300,000 -5.3% $1,656 / Sq Ft
07/09/2014 07/09/14 Pending -- -- --
04/14/2014 04/14/14 For Sale $5,595,000 +5.6% $1,748 / Sq Ft
02/03/2014 02/03/14 Off Market $5,300,000 -- --
11/11/2013 11/11/13 For Sale $5,595,000 -- $1,748 / 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 $162,765 $15,740,096 $14,378,382 $1,361,714
2024 $162,765 $15,431,467 $14,096,453 $1,335,014
2023 $78,458 $7,448,035 $6,819,853 $628,182
2022 $71,836 $6,795,000 $6,686,131 $108,869
2021 $71,383 $6,750,000 $6,641,462 $108,538
2020 $61,682 $5,824,376 $5,709,574 $114,802
2019 $60,392 $5,710,173 $5,597,622 $112,551
2018 $59,184 $5,598,209 $5,487,864 $110,345
2017 $58,135 $5,488,441 $5,380,259 $108,182
2016 $56,822 $5,380,825 $5,274,764 $106,061
2015 $56,292 $5,300,000 $5,195,532 $104,468
2014 $40,083 $3,780,755 $3,674,109 $106,646
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23224904

California Regional Multiple Listing Service (CRMLS)

APN: 048-202-21