$1,417,250
SOLD OCT 12, 2016
4 Beds
3 Baths
1,812 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$782 Per Sq Ft

2% Below List Price

167 Days on Market

Highlights

  • Ocean View
  • Ocean Side of Highway 1
  • Deck
  • Newport Elementary School Rated A
  • Maid or Guest Quarters
  • 3-minute walk to Marina Park

About This Home

As of February 2019

Don’t let this outstanding investment and beach-close living opportunity rush past you! Just one house from the ocean and wide sandy beach on Newport’s vibrant Balboa Peninsula, the property features 2 residences, including a 2-bedroom, 1-bath design and a separate 2-bedroom, 2-bath home with 2-car garage. Enjoy some bay views, an updated kitchen, interior laundry room, and a world-famous climate for year-round outdoor fun in the sun. A prime location makes it easy to walk to the beach, Newport Bay, Newport Elementary School, the newly redone Marina Park & Community Center, shops, popular restaurants and the Newport Pier.

Last Agent to Sell the Property

Kristin Halton

Douglas Elliman Of California License #01257593 Listed on: 03/29/2016

Douglas Elliman Of California

Co-Listed By

Demetria Moore

Christie's International R.E. Southern California License #01891193

Last Buyer's Agent

Sarah Piazza

HomeSmart, Evergreen Realty License #01301300

HomeSmart, Evergreen Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,736

Year Built

  • Built in 1950

Lot Details

  • 2,614 Sq Ft Lot
  • Property is zoned R2

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • City Lights

Home Design

  • Bungalow
  • Fixer Upper

Interior Spaces

  • 1,812 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Bonus Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Outdoor Features

  • Ocean Side of Highway 1
  • Deck
  • Patio
  • Porch

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 515
  • Assessor Parcel Number 04720208

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,736

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Zoning: R2
  • Architectural Style: Bungalow
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04720208
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1812.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Levels: Two
  • Price Per Square Foot: 782.15
  • Room Type: Bonus Room, Guest/Maid's Quarters, Living Room, Master Bedroom

Exterior Features

  • Patio: Yes
  • View: City Lights, Ocean
  • Patio And Porch Features: Deck, Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 2614.00
  • Price Per Lot Square Foot: 571.92

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 2
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 22
  • Tax Tract Number: 515

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2021
Sold by
Smith 507 Llc
Bought by
Yant Flat Llc
Current Estimated Value
$3,234,177

Purchase Details

Listed on
Nov 13, 2018
Closed on
Jan 18, 2019
Sold by
Sarai Paul and Sarai Komal
Bought by
Smith 507 Llc
Seller's Agent
Demetria Moore
Christie's International R.E. Southern California
Buyer's Agent
Tim Smith
Coldwell Banker Realty
List Price
$1,888,888
Sold Price
$1,790,000
Premium/Discount to List
-$98,888
-5.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.59%

Purchase Details

Listed on
Mar 29, 2016
Closed on
Sep 16, 2016
Sold by
James 1615 Llc
Bought by
Sarai Paul and Sarai Komal
Seller's Agent
Kristin Halton
Douglas Elliman Of California
Buyer's Agent
Sarah Piazza
HomeSmart, Evergreen Realty
List Price
$1,450,000
Sold Price
$1,417,250
Premium/Discount to List
-$32,750
-2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.59%

Purchase Details

Listed on
Jun 7, 2013
Closed on
Jun 20, 2013
Sold by
Callahan Kathleen T
Bought by
James 1615 Llc
Seller's Agent
Jim Jacobs
Jim Jacobs Realty
Buyer's Agent
Rick Langevin
Surterre Properties Inc.
List Price
$1,048,000
Sold Price
$1,050,000
Premium/Discount to List
$2,000
0.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.64%

Purchase Details

Closed on
Oct 1, 2003
Sold by
Logan Rose C
Bought by
Logan Rose Callahan
Source: Public Records

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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
Interfamily Deed Transfer -- None Available
Grant Deed $1,790,000 Fidelity National Title Co
Grant Deed $1,417,500 California Title Company
Grant Deed $1,050,000 First American Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2019 02/07/19 Sold $1,790,000 -3.2% $988 / Sq Ft
01/06/2019 01/06/19 Price Changed $1,850,000 -2.1% $1,021 / Sq Ft
10/30/2018 10/30/18 For Sale $1,888,888 +33.3% $1,042 / Sq Ft
10/12/2016 10/12/16 Sold $1,417,250 -5.2% $782 / Sq Ft
09/08/2016 09/08/16 Pending -- -- --
05/29/2016 05/29/16 Price Changed $1,495,000 +3.1% $825 / Sq Ft
05/27/2016 05/27/16 For Sale $1,450,000 0.0% $800 / Sq Ft
05/05/2016 05/05/16 Pending -- -- --
03/29/2016 03/29/16 For Sale $1,450,000 0.0% $800 / Sq Ft
03/25/2016 03/25/16 Pending -- -- --
03/25/2016 03/25/16 For Sale $1,450,000 +38.1% $800 / Sq Ft
07/11/2013 07/11/13 Sold $1,050,000 +0.2% $579 / Sq Ft
06/04/2013 06/04/13 Pending -- -- --
05/22/2013 05/22/13 For Sale $1,048,000 -- $578 / 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
2024 $20,736 $1,919,241 $1,821,908 $97,333
2023 $21,120 $1,881,609 $1,786,184 $95,425
2022 $20,949 $1,844,715 $1,751,161 $93,554
2021 $21,227 $1,844,715 $1,751,161 $93,554
2020 $20,969 $1,825,800 $1,733,205 $92,595
2019 $17,381 $1,474,506 $1,389,208 $85,298
2018 $17,118 $1,445,595 $1,361,969 $83,626
2017 $16,837 $1,417,250 $1,335,263 $81,987
2016 $13,339 $1,087,311 $1,002,830 $84,481
2015 $13,233 $1,070,979 $987,766 $83,213
2014 $12,942 $1,050,000 $968,417 $81,583
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16061635

California Regional Multiple Listing Service (CRMLS)

APN: 047-202-08