NOT LISTED FOR SALE

Estimated Value: $1,973,574 - $2,631,000

3 Beds
2 Baths
1,443 Sq Ft
3,001 Sq Ft Lot

Last Sold September 01, 2019

Last sale price $1,298,000 $900 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $13,385/month

13 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • High Ceiling
  • Newport Elementary School Rated A
  • Contemporary Architecture
  • Furnished

About This Home

As of September 2019

Summer home in prime location, located in the heart of the Balboa Peninsula on the Point. Property is approved for weekly vacation lease option, popular location just a block to the bay, a few short blocks to the oceanfront. Upper condominium, light and bright floor plan. Living area with fireplace leads out to a private deck. Open kitchen and bar area. Featuring three bedrooms and two full baths. The back deck is spacious and sunny. Inside laundry, private garage with extra storage space. Quick bike ride to the Fun Zone and Balboa Island Ferry. Includes all the furnishings! Come and visit this property!

Last Agent to Sell the Property

Joan Trout

Compass License #00578819 Listed on: 07/19/2019

Compass

Co-Listed By

Tracy Seeber

Balboa Realty License #00954837

Last Buyer's Agent

Sean Stanfield

Pacific Sotheby's Int'l Realty License #01024996

Pacific Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,947

Year Built

  • Built in 2002 | Remodeled

Lot Details

  • 1 Common Wall

Parking

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

Home Design

  • Contemporary Architecture
  • Tile Roof

Interior Spaces

  • 1,443 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Furnished
  • Bar
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub

Home Security

Outdoor Features

  • Living Room Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Rear Porch

Schools

  • Newport Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 13 / J
  • Tax Tract Number 518
  • Assessor Parcel Number 93050418

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Park
  • Water Sports
  • Bike Trail

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,947

Year Built

Built in 2002 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: No
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93050418
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1443.00 Square Feet
  • Interior Amenities: Balcony, Bar, Beamed Ceilings, Ceiling Fan(s), Furnished, Granite Counters, High Ceilings, Living Room Balcony, Open Floorplan, Recessed Lighting
  • Stories: 2
  • Entry Location: Ground
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Counter / Bar, Family Kitchen
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 899.51
  • Room Type: Kitchen, Living Room
  • Bathroom Features: Bathtub, Double Sinks In Master Bath, Granite Counters, Vanity Area
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Deck, Rear Porch
  • Pool Private: No
  • Roof: Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear, Garage - Single Door
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Electric: Standard
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Park, Watersports, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport
  • Middle School: Ensign
  • High School: Newport Harbor
  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 3000.00
  • Lot Size Acres: 0.0689

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3000.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 1

Tax Info

  • Tax Block: J
  • Tax Census Tract: 628.00
  • Tax Lot: 13
  • Tax Tract Number: 518

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2019
Closed on
Aug 7, 2019
Sold by
Wu Chien Te and Wu Maggie Tzu Chiang
Bought by
Saccone Melinda M
Seller's Agent
Joan Trout
Compass
Buyer's Agent
Sean Stanfield
Pacific Sotheby's Int'l Realty
List Price
$1,325,000
Sold Price
$1,298,000
Premium/Discount to List
-$27,000
-2.04%
Current Estimated Value
$2,314,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,016,644
Avg. Annual Appreciation
9.85%
Original Mortgage
$475,000
Outstanding Balance
$416,864
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$1,897,780

Purchase Details

Closed on
Nov 16, 2011
Sold by
Kmw Family Limited Partnership
Bought by
Wu Chien Te and Wu Maggie Tzu Chiang

Purchase Details

Closed on
Jul 21, 2011
Sold by
Kaschmitter Daniel J and Louie Cindi A
Bought by
Kmw Family Limited Partnership

Purchase Details

Closed on
Mar 14, 2003
Sold by
Young Eugene F and Young Kelly M
Bought by
Young Eugene F and Young Kelly M

Purchase Details

Closed on
Sep 9, 2002
Sold by
Saywitz Barry
Bought by
Kaschmitter Daniel J and Louie Cindi A

Purchase Details

Closed on
Dec 20, 1995
Sold by
Hogan Mary Ann
Bought by
Hogan Timothy P and Hogan Timothy Patrick
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
Saccone Melinda M $1,298,000 Chicago Title Company
Wu Chien Te -- Accommodation
Kmw Family Limited Partnership $975,000 Equity Title Orange County-I
Young Eugene F -- --
Kaschmitter Daniel J $699,000 Lawyers Title
Hogan Timothy P -- First American Title Ins Co
Hogan Thomas J -- First American Title Ins Co
Hogan John Michael -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saccone Melinda M $475,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2019 09/01/19 Sold $1,298,000 -2.0% $900 / Sq Ft
08/01/2019 08/01/19 Pending -- -- --
07/19/2019 07/19/19 For Sale $1,325,000 0.0% $918 / Sq Ft
01/18/2019 01/18/19 Rented $3,250 -13.3% --
01/18/2019 01/18/19 Under Contract -- -- --
11/20/2018 11/20/18 For Rent $3,750 +7.1% --
11/06/2018 11/06/18 Rented $3,500 -6.7% --
10/23/2018 10/23/18 For Rent $3,750 +4.2% --
09/09/2016 09/09/16 Rented $3,600 -3.0% --
08/12/2016 08/12/16 For Rent $3,710 -- --
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 $14,947 $1,419,550 $1,146,142 $273,408
2024 $14,947 $1,391,716 $1,123,668 $268,048
2023 $14,988 $1,364,428 $1,101,635 $262,793
2022 $14,805 $1,337,675 $1,080,034 $257,641
2021 $14,736 $1,311,447 $1,058,857 $252,590
2020 $14,601 $1,298,000 $1,048,000 $250,000
2019 $12,487 $1,097,834 $959,354 $138,480
2018 $12,310 $1,076,308 $940,543 $135,765
2017 $12,080 $1,055,204 $922,101 $133,103
2016 $11,860 $1,034,514 $904,020 $130,494
2015 $11,799 $1,018,975 $890,441 $128,534
2014 $11,536 $999,015 $872,998 $126,017
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19170678

California Regional Multiple Listing Service (CRMLS)

APN: 930-504-18