Landlord's Agent in 2025
Tara Shapiro
Coldwell Banker Realty
(949) 478-7781
40 in this area
91 Total Sales
1576 E Ocean Blvd Newport Beach, CA 92661
Balboa Peninsula Point NeighborhoodEstimated Value: $3,954,000 - $5,591,973
4
Beds
3
Baths
2,321
Sq Ft
$2,227/Sq Ft
Est. Value
Highlights
- Home Theater
- Fishing
- Updated Kitchen
- Newport Elementary School Rated A
- City Lights View
- Open Floorplan
About This Home
As of January 2025A cheerful, sun-filled beach house designed to embrace the beauty of seaside living, available for the first time as a furnished lease opportunity. With clean contemporary lines, expansive windows, and an open indoor/outdoor floor plan this coastal home is ready to be enjoyed. Encompassing four bedrooms, one of which is on the first living level, and three baths the home is family friendly in size. An open concept first floor boasts a spacious great room and dining room area that flow effortlessly to a large outdoor patio, where ocean breezes and neighborhood views create the perfect backdrop for relaxation and entertaining. A gourmet island kitchen with top-of-the-line appliances adjoins the living space, and a bed and bath complete the home's first floor. Upstairs there are three additional bedrooms, an office, and a spacious media room. The primary suite is large in scale and its adjoining spa-inspired bath is the perfect retreat at the end of the day. Located just a few short steps from the oceanfront this home offers the perfect blend of style, comfort, and the laid-back appeal of beach living. Welcome home to Balboa Peninsula Point!
Last Agent to Rent the Property
Coldwell Banker Realty Brokerage Phone: 949-478-7781 License #01892201 Listed on: 01/16/2025
Last Renter's Agent
Coldwell Banker Realty Brokerage Phone: 949-478-7781 License #01892201 Listed on: 01/16/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 2022 | Remodeled
Lot Details
- 2,625 Sq Ft Lot
- South Facing Home
- Landscaped
Parking
- 2 Car Direct Access Garage
- Parking Available
- Rear-Facing Garage
- Single Garage Door
- Driveway Level
Property Views
- City Lights
- Neighborhood
Home Design
- Contemporary Architecture
- Entry on the 1st floor
- Turnkey
Interior Spaces
- 2,321 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Furnished
- Fireplace
- Great Room
- Family Room Off Kitchen
- Formal Dining Room
- Home Theater
- Den
Kitchen
- Updated Kitchen
- Built-In Range
- Range Hood
- Freezer
- Dishwasher
- Kitchen Island
- Quartz Countertops
- Utility Sink
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- Remodeled Bathroom
- 3 Full Bathrooms
- Quartz Bathroom Countertops
- Corian Bathroom Countertops
- Makeup or Vanity Space
- Dual Vanity Sinks in Primary Bathroom
- Soaking Tub
- Walk-in Shower
Laundry
- Laundry Room
- Laundry in Garage
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Open Patio
- Fire Pit
- Exterior Lighting
Schools
- Newport Elementary School
- Ensign Middle School
- Newport Harbor High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Natural Gas Connected
Listing and Financial Details
- Security Deposit $25,000
- Available 1/24/25
- Legal Lot and Block 20 / I
- Tax Tract Number 518
- Assessor Parcel Number 04820125
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- Balboa Peninsula Point Subdivision
Recreation
- Fishing
- Water Sports
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 10, 2021
Closed on
Jun 11, 2021
Sold by
Miner Kurt J and Miner Michelle Lord
Bought by
Kaschmitter Daniel J and Louie Cynthia A
Seller's Agent
Randy Beck
Arbor Real Estate
Buyer's Agent
Randy Beck
Arbor Real Estate
List Price
$2,950,000
Sold Price
$2,660,000
Premium/Discount to List
-$290,000
-9.83%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,508,993
Avg. Annual Appreciation
15.57%
Purchase Details
Listed on
Dec 2, 2020
Closed on
Jan 22, 2021
Sold by
Mellen Linda
Bought by
Miner Kurt J and Miner Michelle Lord
Seller's Agent
Charlette Peterson
Together Realty
Buyer's Agent
Randy Beck
Arbor Real Estate
List Price
$2,395,000
Sold Price
$2,395,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.17%
Original Mortgage
$822,375
Interest Rate
2.67%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 30, 2020
Sold by
Mellen Linda and The Mellen Family Trust
Bought by
Mellen Linda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$822,375
Interest Rate
2.67%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 16, 2019
Sold by
Sheehan Michael and Sheehan Colleen
Bought by
Mellen Wilhelmina and Mellen Family Trust
Purchase Details
Closed on
Feb 16, 2019
Sold by
Mellen Linda D and Mellen Wilhelmina
Bought by
Mellen Wilhelmina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,504,000
Interest Rate
4.4%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Purchase Details
Closed on
Jan 4, 2018
Sold by
Mellen Linda D and Mellen Whilemnine
Bought by
Mellen Linda D and Mellen Whilemina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$752,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Nov 28, 2017
Sold by
Belman Creighton
Bought by
Mellen Linda D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$752,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Sep 25, 2015
Sold by
Mellen Linda D and Mellen Wilhelmina
Bought by
Mellen Linda D
Purchase Details
Closed on
May 28, 2008
Sold by
Mellen Linda D
Bought by
Mellen Linda D and Mellen Wilhelmina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 20, 2004
Sold by
Sheehan Wilhelmina
Bought by
Mellen Linda D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$723,000
Interest Rate
5.69%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Nov 14, 2003
Sold by
Mellen Linda D
Bought by
Mellen Linda D and Sheehan Wilhelmina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$715,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 5, 2002
Sold by
Mellen Linda D
Bought by
Mellen Linda D and Sheehan Wilhelmina
Purchase Details
Closed on
Oct 15, 2002
Sold by
Belman Creighton D
Bought by
Mellen Linda D
Purchase Details
Closed on
Mar 18, 2002
Sold by
Sheehan Wilhelmina and Mellen Linda
Bought by
Sheehan Wilhelmina and Mellen Linda
Purchase Details
Closed on
Mar 1, 1995
Sold by
Sheehan Michael and Sheehan Wilhelmina
Bought by
Sheehan Wilhelmina
Purchase Details
Closed on
Mar 1, 1994
Sold by
Sheehan Wilhelmina
Bought by
Sheehan Michael W and Sheehan Wilhelmina
Purchase Details
Closed on
Jan 31, 1994
Sold by
Sheehan Wilhelmina
Bought by
Mellen Linda D and Sheehan Michael
Purchase Details
Closed on
Dec 31, 1993
Sold by
Sheehan Wilhelmina
Bought by
Mellen Linda D
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kaschmitter Daniel J | $2,660,000 | First Amer Ttl Co Res Div | |
| Miner Kurt J | $2,395,000 | California Title Company | |
| Mellen Linda | -- | California Title Company | |
| Mellen Linda | -- | None Available | |
| Mellen Wilhelmina | -- | None Available | |
| Mellen Wilhelmina | -- | First American Title Company | |
| Mellen Linda D | -- | Chicago Title Co | |
| Mellen Linda D | -- | Chicago Title Co | |
| Mellen Linda D | -- | Chicago Title Co | |
| Mellen Linda D | -- | Chicago Title Co | |
| Mellen Linda D | -- | None Available | |
| Mellen Linda D | -- | Chicago Title | |
| Mellen Linda D | -- | New Century Title Company | |
| Mellen Linda D | -- | -- | |
| Mellen Linda D | -- | Old Republic Title Company | |
| Mellen Linda D | -- | -- | |
| Mellen Linda D | -- | Stewart Title | |
| Mellen Linda D | -- | Stewart Title | |
| Sheehan Wilhelmina | -- | -- | |
| Sheehan Wilhelmina | -- | -- | |
| Sheehan Wilhelmina | -- | -- | |
| Sheehan Wilhelmina | -- | -- | |
| Mellen Linda D | -- | -- | |
| Sheehan Michael W | -- | Chicago Title Company | |
| Mellen Linda D | -- | -- | |
| Mellen Linda D | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Miner Kurt J | $822,375 | |
| Previous Owner | Mellen Wilhelmina | $3,504,000 | |
| Previous Owner | Mellen Linda D | $752,000 | |
| Previous Owner | Mellen Linda D | $417,000 | |
| Previous Owner | Mellen Linda D | $723,000 | |
| Previous Owner | Mellen Linda D | $715,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/29/2025 01/29/25 | Rented | $12,500 | 0.0% | -- | |
| 01/16/2025 01/16/25 | For Rent | $12,500 | 0.0% | -- | |
| 06/30/2021 06/30/21 | Sold | $2,660,000 | -9.8% | $1,250 / Sq Ft | View Prior Sale |
| 05/29/2021 05/29/21 | Pending | -- | -- | -- | |
| 04/10/2021 04/10/21 | For Sale | $2,950,000 | +23.2% | $1,386 / Sq Ft | |
| 02/01/2021 02/01/21 | Sold | $2,395,000 | 0.0% | $1,125 / Sq Ft | View Prior Sale |
| 12/08/2020 12/08/20 | Pending | -- | -- | -- | |
| 12/02/2020 12/02/20 | For Sale | $2,395,000 | -- | $1,125 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $33,617 | $3,220,670 | $2,764,225 | $456,445 |
| 2024 | $33,617 | $3,157,520 | $2,710,024 | $447,496 |
| 2023 | $30,067 | $2,774,471 | $2,656,887 | $117,584 |
| 2022 | $29,604 | $2,713,200 | $2,604,792 | $108,408 |
| 2021 | $6,249 | $475,923 | $341,172 | $134,751 |
| 2020 | $6,199 | $471,043 | $337,673 | $133,370 |
| 2019 | $6,037 | $461,807 | $331,052 | $130,755 |
| 2018 | $6,037 | $452,752 | $324,560 | $128,192 |
| 2017 | $5,911 | $443,875 | $318,196 | $125,679 |
| 2016 | $5,853 | $435,172 | $311,957 | $123,215 |
| 2015 | $5,876 | $428,636 | $307,271 | $121,365 |
| 2014 | -- | $420,240 | $301,252 | $118,988 |
Source: Public Records
Agents Affiliated with this Home
-
Tara Shapiro
-
Randy Beck
Seller's Agent in 2021
Randy Beck
Arbor Real Estate
(714) 743-3108
2 in this area
8 Total Sales
-
Charlette Peterson
C
Seller's Agent in 2021
Charlette Peterson
Together Realty
(714) 390-6355
1 in this area
3 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP25011760
APN: 048-201-25
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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