NOT LISTED FOR SALE

1584 E Ocean Blvd Newport Beach, CA 92661

Balboa Peninsula Point Neighborhood

Estimated Value: $4,239,000 - $5,887,340

4 Beds
4 Baths
2,641 Sq Ft
$1,848/Sq Ft Est. Value

Last Sold October 22, 2019

Last sale price $2,550,000 $966 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $29,829/month

About This Home

As of October 2019

Sun... Sand ...Surf! Immerse yourself in the seaside lifestyle afforded by this turnkey, newly remodeled, custom beach house located in the highly desirable waterfront community of Balboa Peninsula Point. With the bay and the beach each just steps away this chic four bedroom, three-and-a-half bath coastal home is ready for summer fun. A welcoming Dutch door entry opens to the light-filled great room and dining room spaces, as well as the adjoining professional-grade island kitchen - allowing for seamless entertaining and relaxed coastal living. Sliding walls of glass reveal an outdoor terrace lounge area nestled behind a "green screen" privacy hedge - perfect for enjoying a glass of wine at the fire pit on a cool California summer evening. A first-floor bedroom and bath, powder bath and laundry room complete the home's main living level. Upstairs, the exceptional primary suite boasts a walk-in dressing area and a restorative bath with spa-style shower room, double vanity, and soaking tub. Two additional guest bedrooms and a media room/office can also be found on the second living level. With no shortage of outdoor living and entertaining options the home's myriad decks and patio spaces speak to beach-style living. Enjoy lounging on the sundeck after a dip in the private spa or ascend to the rooftop terrace and take in the sparkling city lights and peak-a-boo ocean views. An interior courtyard patio adjacent to the kitchen is perfect for summer barbeque fun. Stroll to the Wedge and take in the waves, grab your paddle board and explore the bay, or walk out your front door and hit the sand. This summer vacation home rental allows you to enjoy all that the infamous Balboa Peninsula has to offer. AUGUST IS AVAILABLE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2019
Closed on
Sep 10, 2019
Sold by
Blaha Stephen Joseph and Blaha John Mathews
Bought by
Bradford Mitchell Glenn and Bradford Holly Dawn
Seller's Agent
Brian Thomas
Surterre Properties Inc.
Buyer's Agent
Matthew Blashaw
Redfin
List Price
$2,875,000
Sold Price
$2,550,000
Premium/Discount to List
-$325,000
-11.3%
Current Estimated Value
$4,879,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,329,585
Avg. Annual Appreciation
12.26%
Original Mortgage
$1,912,500
Outstanding Balance
$1,686,870
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$3,192,715

Purchase Details

Closed on
Dec 9, 2011
Sold by
Blaha John and Blaha Mary L
Bought by
Blaha John Joseph and Blaha Mary Lorraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2011
Sold by
Blaha John Joseph and Blaha Mary Lorraine
Bought by
Blaha John and Blaha Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2010
Sold by
Blaha John Joseph and Blaha Mary Lorraine
Bought by
Blaha John Joseph and Blaha Mary Lorraine

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
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2001
Sold by
Blaha John J and Blaha Mary L
Bought by
Blaha John Joseph and Blaha Mary Lorraine
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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 Buyer Sale Price Title Company
Bradford Mitchell Glenn $2,550,000 Chicago Title Company
Blaha John Joseph -- Accommodation
Blaha John -- First American Title Company
Blaha John Joseph -- None Available
Blaha John Joseph -- Lsi Local Solutions
Blaha John Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bradford Mitchell Glenn $250,000
Closed Bradford Mitchell Glenn $117,500
Open Bradford Mitchell Glenn $1,912,500
Previous Owner Blaha John J $250,000
Previous Owner Blaha John $410,000
Previous Owner Blaha John Joseph $417,000
Previous Owner Blaha John Joseph $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2023 06/26/23 Rented $25,000 +0.4% --
03/09/2023 03/09/23 For Rent $24,900 0.0% --
10/22/2019 10/22/19 Sold $2,550,000 -5.6% $966 / Sq Ft
06/07/2019 06/07/19 Price Changed $2,700,000 -6.1% $1,022 / Sq Ft
04/03/2019 04/03/19 For Sale $2,875,000 -- $1,089 / Sq Ft

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 $29,257 $2,743,134 $2,472,709 $270,425
2023 $29,268 $2,689,348 $2,424,225 $265,123
2022 $28,906 $2,636,616 $2,376,691 $259,925
2021 $28,567 $2,584,918 $2,330,089 $254,829
2020 $28,215 $2,550,000 $2,306,196 $243,804
2019 $4,795 $324,299 $112,087 $212,212
2018 $4,844 $317,941 $109,890 $208,051
2017 $4,738 $311,707 $107,735 $203,972
2016 $4,718 $305,596 $105,623 $199,973
2015 $4,769 $301,006 $104,036 $196,970
2014 $4,678 $295,110 $101,998 $193,112
Source: Public Records

Agents Affiliated with this Home

  • Tara Shapiro

    Seller's Agent in 2023

    Tara Shapiro

    Coldwell Banker Realty

    (949) 478-7781

    40 in this area

    95 Total Sales

    Tara Shapiro
    Section Image
  • Brian Thomas

    Seller's Agent in 2019

    Brian Thomas

    Surterre Properties Inc.

    (949) 717-7100

    41 Total Sales

    Brian Thomas
    Section Image
  • Jennifer Thomas

    Seller Co-Listing Agent in 2019

    Jennifer Thomas

    Surterre Properties Inc.

    (949) 422-6407

    28 Total Sales

    Jennifer Thomas
    Section Image

  • M

    Buyer's Agent in 2019

    Matthew Blashaw

    Redfin

See All Agents

Map

California Orange County Newport Beach 92661 Balboa Peninsula Point

1584 E Ocean Blvd, Newport Beach, CA

This home is located at 1584 E Ocean Blvd, Newport Beach, CA 92661 and is currently estimated at $4,879,585, approximately $1,847 per square foot. 1584 E Ocean Blvd is a home located in Orange County with nearby schools including Newport Elementary School, Horace Ensign Intermediate School, and Newport Harbor High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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