NOT LISTED FOR SALE

Estimated Value: $4,034,000 - $9,006,990

3 Beds
2 Baths
1,662 Sq Ft
$4,066/Sq Ft Est. Value

Last Sold August 05, 2014

Last sale price $3,700,000 $2,226 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $40,971/month

337 Days on Market

Highlights

  • Ocean Front
  • No HOA
  • Covered Patio or Porch
  • Newport Elementary School Rated A
  • Den
  • 2-minute walk to Marina Park

About This Home

As of August 2014

This coastal residence is found on one of the best oceanfront locations available and is situated on a rare, over-sized, 30 ft x102 ft lot. Enjoy fabulous panoramic views of Catalina Island and colorful sunset vistas from its prestigious boardwalk local. This home presents a great opportunity to remodel or build your dream home to your exact specifications. Most of the home is found with original fixtures and amenities while the downstairs bathroom, complete with shower, has been fully remodeled. The spacious yard is completely landscaped and features the Pacific Ocean as an idyllic backdrop to alfresco entertaining. Take a leisurely stroll, bike ride, or grab your board and enjoy the many unique activities afforded by the surrounding seaside community. Seize the opportunity found in this beach close property, and begin living beautifully today.

Last Agent to Sell the Property

Mary McCoy

First Team Real Estate License #01037981 Listed on: 08/20/2013

First Team Real Estate

Last Buyer's Agent

Mary McCoy

First Team Real Estate License #01037981 Listed on: 08/20/2013

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,077

Year Built

  • Built in 1935

Lot Details

  • 3,060 Sq Ft Lot
  • Lot Dimensions are 30x102
  • Ocean Front
  • South Facing Home
  • Fenced
  • Fence is in average condition

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Bungalow
  • Wood Roof

Interior Spaces

  • 1,662 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Den
  • Carpet
  • Ocean Views
  • Laundry Room

Kitchen

  • Country Kitchen
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Additional Features

  • More Than Two Accessible Exits
  • Suburban Location
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 4 / 16
  • Tax Tract Number 515
  • Assessor Parcel Number 04720219

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,077

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Inclusions: refrigerator, range/oven, blinds
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04720219
  • Year Built: 1935
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1662.00
  • Interior Amenities: Balcony
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Country Kitchen
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 2226.23
  • Room Type: Den

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • View: Ocean
  • Fence: Yes
  • Fencing: Average Condition
  • Builder Name: Unknown
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Roof: Wood
  • Spa: No
  • Construction Materials: Unknown

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Size: 30x102
  • Lot Size Sq Ft: 3060.00
  • Lot Size Acres: 0.0700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3060.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Front

Tax Info

  • Tax Block: 16
  • Tax Lot: 4
  • Tax Tract Number: 515

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2013
Closed on
Jul 9, 2014
Sold by
Weiner Robert A and Weiner Paul S
Bought by
Investium Llc
Seller's Agent
Mary McCoy
First Team Real Estate
Buyer's Agent
Mary McCoy
First Team Real Estate
List Price
$4,300,000
Sold Price
$3,700,000
Premium/Discount to List
-$600,000
-13.95%
Current Estimated Value
$6,756,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,056,998
Avg. Annual Appreciation
5.54%

Purchase Details

Closed on
Dec 31, 2012
Sold by
Ruggles Ronald S
Bought by
Ruggles Mary J

Purchase Details

Closed on
Dec 28, 2012
Sold by
Weiner Arlene E
Bought by
Weiner Robert A

Purchase Details

Closed on
Dec 27, 2012
Sold by
Kahn Michael S
Bought by
Weiner Kahn Sheila B

Purchase Details

Closed on
Dec 7, 2012
Sold by
Weiner Muriel M
Bought by
Weiner Robert A and Weiner Paul S

Purchase Details

Closed on
Sep 28, 2004
Sold by
Weiner Muriel M
Bought by
Weiner Muriel M and 1986 Weiner Trusts
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Investium Llc $3,700,000 First American Title Company
Ruggles Mary J -- None Available
Weiner Robert A -- None Available
Weiner Kahn Sheila B -- None Available
Weiner Robert A -- None Available
Weiner Muriel M -- None Available
Weiner Muriel M -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2014 08/05/14 Sold $3,700,000 -7.4% $2,226 / Sq Ft
07/23/2014 07/23/14 Pending -- -- --
06/06/2014 06/06/14 Price Changed $3,995,000 -4.8% $2,404 / Sq Ft
12/02/2013 12/02/13 Price Changed $4,195,000 -2.4% $2,524 / Sq Ft
08/20/2013 08/20/13 For Sale $4,300,000 -- $2,587 / 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 $60,077 $5,785,692 $4,389,701 $1,395,991
2024 $60,077 $5,672,248 $4,303,629 $1,368,619
2023 $58,676 $5,561,028 $4,219,244 $1,341,784
2022 $57,711 $5,451,989 $4,136,514 $1,315,475
2021 $55,245 $5,216,118 $4,055,406 $1,160,712
2020 $51,837 $4,889,298 $4,013,823 $875,475
2019 $41,731 $3,935,121 $3,935,121 $0
2018 $41,425 $3,908,184 $3,857,962 $50,222
2017 $40,691 $3,831,553 $3,782,315 $49,238
2016 $39,773 $3,756,425 $3,708,152 $48,273
2015 $39,401 $3,700,000 $3,652,452 $47,548
2014 $1,751 $134,712 $107,015 $27,697
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP13168245

California Regional Multiple Listing Service (CRMLS)

APN: 047-202-19