NOT LISTED FOR SALE

Estimated Value: $3,920,000 - $4,739,000

5 Beds
2 Baths
1,860 Sq Ft
$2,248/Sq Ft Est. Value

Last Sold July 09, 2013

Last sale price $1,900,000 $1,022 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $25,512/month

2 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • No HOA
  • Newport Elementary School Rated A
  • Great Room
  • Cottage

About This Home

As of July 2013

Across from the beach on coveted Peninsula Point, this is an amazing turnkey residential or investment opportunity. Recently remodeled, painted inside and out, and updated throughout, this pride of ownership home offers quality, style and location at an exceptional value. Boasting five bedrooms, three bathrooms and abundant natural sunlight throughout. A private hedge and arbor with a dutch door gated entry leads you into lush Roger's Gardens designed yard with patios, garden paths and outdoor built in bbq area. Inviting Dutch doors and French doors welcome you inside. Refinished wood floors make a stunning first impression along with the wonderful flow between the living and dining room. The remodeled gourmet kitchen, with top of the line stainless steel appliances, ample counter space and pantry, is a chef's delight. The lower level master bedroom has French doors leading out to a charming private patio with fountain. An additional bedroom with remodeled bathroom is also conveniently located on the lower level. Upstairs, with its charming dormer windows you will find 3 additional bedrooms, with one used as a den and another customized as the ulitimate walk in closet. This is an exceptional home and value.

Last Agent to Sell the Property

Victoria Strombom

Surterre Properties License #00886773 Listed on: 05/25/2013

Surterre Properties

Last Buyer's Agent

Cassie Hammond

Surterre Properties Inc. License #01264839

Surterre Properties Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,420

Year Built

  • Built in 1925

Lot Details

  • 2,614 Sq Ft Lot
  • Front Yard Sprinklers

Parking

  • 1 Car Garage

Home Design

  • Cottage
  • Raised Foundation

Interior Spaces

  • 1,860 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Drapes & Rods
  • French Doors
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Home Security System
  • Breakfast Bar

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 515
  • Assessor Parcel Number 04821123

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,420

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Other Phone Description: Surterre Laguna
  • Other Phone Number: 949 464-3200
  • Property Attached: No
  • Security: Security System
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: No
  • Architectural Style: Cottage
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04821123
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1860.00
  • Interior Amenities: Built-in Features
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 1021.51
  • Room Type: Great Room, Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Closet
  • Window Features: Drapes

Exterior Features

  • Foundation: Raised
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Sprinklers In Front
  • Lot Size Sq Ft: 2614.00
  • Lot Size Acres: 0.0600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2614.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 515

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2013
Closed on
Jun 11, 2013
Sold by
Sanson Jacqueline A
Bought by
Lowry Hunt and Lowry Christine
Seller's Agent
Victoria Strombom
Surterre Properties
Buyer's Agent
Cassie Hammond
Surterre Properties Inc.
List Price
$1,975,000
Sold Price
$1,900,000
Premium/Discount to List
-$75,000
-3.8%
Total Days on Market
2
Current Estimated Value
$4,182,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,282,174
Avg. Annual Appreciation
6.85%
Original Mortgage
$1,235,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 31, 2011
Closed on
Jul 5, 2012
Sold by
Fulton Monica
Bought by
Sanson Jacqueline A
Seller's Agent
Dean O'Dell
Seven Gables Real Estate
Buyer's Agent
Victoria Strombom
Surterre Properties
List Price
$2,198,000
Sold Price
$1,627,500
Premium/Discount to List
-$570,500
-25.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.70%

Purchase Details

Closed on
Aug 17, 2010
Sold by
Fulton Monica
Bought by
Fulton Monica and Monica Fulton Living Trust

Purchase Details

Closed on
May 14, 2010
Sold by
Reilly Patrick C and Reilly Linda
Bought by
Fulton Monica and Agnes Bevington Connolly Constructive Tr

Purchase Details

Closed on
Oct 22, 2004
Sold by
Reilly Patrick C and Reilly Linda C
Bought by
Reilly Patrick C and Reilly Linda C

Purchase Details

Closed on
May 27, 2004
Sold by
Peck Curt and Toohey Kathleen
Bought by
Reilly Patrick C and Reilly Linda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 1998
Sold by
Cochran Norbert S and Cochran Beverly L
Bought by
Hayhoe Kathleen Toohey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
6.87%

Purchase Details

Closed on
Sep 14, 1995
Sold by
Cochran Norbert S and Cochran Beverly L
Bought by
Cochran Norbert S and Cochran Beverly L
Source: Public Records

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Range of Values:

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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
Lowry Hunt $1,900,000 Ticor Title Tustin Orange Co
Sanson Jacqueline A $1,627,500 First American Title Company
Fulton Monica -- None Available
Fulton Monica $1,860,000 Stewart Title
Reilly Patrick C -- --
Reilly Patrick C $1,500,000 Orange Coast Title
Hayhoe Kathleen Toohey $620,000 Chicago Title Co
Cochran Norbert S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowry Hunt $1,105,000
Closed Lowry Hunt $1,235,000
Previous Owner Reilly Patrick C $975,000
Previous Owner Peck Curt $410,000
Previous Owner Peck Curt $50,000
Previous Owner Peck Curt $630,000
Previous Owner Hayhoe Kathleen Toohey $465,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2013 07/09/13 Sold $1,900,000 -3.8% $1,022 / Sq Ft
05/27/2013 05/27/13 Pending -- -- --
05/25/2013 05/25/13 For Sale $1,975,000 +21.4% $1,062 / Sq Ft
07/26/2012 07/26/12 Sold $1,627,500 -12.0% $875 / Sq Ft
06/28/2012 06/28/12 Pending -- -- --
04/03/2012 04/03/12 Price Changed $1,849,000 -7.3% $994 / Sq Ft
01/11/2012 01/11/12 Price Changed $1,995,000 -9.2% $1,073 / Sq Ft
10/31/2011 10/31/11 For Sale $2,198,000 -- $1,182 / 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 $24,420 $2,283,466 $2,222,634 $60,832
2023 $24,451 $2,238,693 $2,179,053 $59,640
2022 $24,152 $2,194,798 $2,136,327 $58,471
2021 $23,881 $2,151,763 $2,094,438 $57,325
2020 $23,662 $2,129,700 $2,072,962 $56,738
2019 $23,206 $2,087,942 $2,032,316 $55,626
2018 $22,863 $2,047,002 $1,992,466 $54,536
2017 $22,440 $2,006,865 $1,953,398 $53,467
2016 $22,009 $1,967,515 $1,915,096 $52,419
2015 $21,884 $1,937,962 $1,886,330 $51,632
2014 $21,388 $1,900,000 $1,849,379 $50,621
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG13098065

California Regional Multiple Listing Service (CRMLS)

APN: 048-211-23