NOT LISTED FOR SALE

Estimated Value: $6,262,000 - $9,921,830

4 Beds
4.5 Baths
3,073 Sq Ft
$2,562/Sq Ft Est. Value

Last Sold October 13, 2020

Last sale price $7,055,000 $2,296 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $50,593/month

186 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Rooftop Deck
  • Newport Elementary School Rated A
  • Property has ocean access
  • 4-minute walk to Marina Park

About This Home

As of October 2020

Endless, peaceful summer days can be yours now and forever in this 4 bedroom, 4.5 bathroom oceanfront home nestled on Newport's exclusive Peninsula Point. Enjoy unbeatable sweeping views from Dana Point to Catalina, the lights of Fashion Island to the horizon from the expansive one of a kind roof deck with an ocean view sauna is accessible from inside and exterior staircases. Naturally-lit and airy interiors feature over 3000 square feet, a ground floor master suite with direct access to the beachfront patio and miles of sandy beaches and crashing waves. The spacious great room and kitchen with skylights that open to the sea breezes are situated on the second floor to take full advantage of the rolling waves of the beautiful Pacific. Watch the world famous wedge with its spectacular waves and every boat that enters the harbor from several vantage points in the home. A unique turreted skylight keeps the centrally located office/den bright and sunny all day.

Last Agent to Sell the Property

Vicki Lee

Compass License #00664250 Listed on: 03/12/2020

Compass

Last Buyer's Agent

Vicki Lee

Compass License #00664250 Listed on: 03/12/2020

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $83,812

Year Built

  • Built in 1981

Lot Details

  • 3,200 Sq Ft Lot
  • Beach Front
  • Block Wall Fence
  • Rectangular Lot
  • Drip System Landscaping
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Garage Door Opener

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic

Home Design

  • Custom Home
  • Split Level Home
  • Flat Roof Shape
  • Mansard Roof Shape
  • Slab Foundation
  • Fire Rated Drywall
  • Interior Block Wall
  • Slate Roof
  • Stucco

Interior Spaces

  • 3,073 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Bay Window
  • Panel Doors
  • Entryway
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Dining Room
  • Home Office
  • Library
  • Utility Room
  • Sauna

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • <<doubleOvenToken>>
  • Gas Oven
  • Gas Range
  • Range Hood
  • Warming Drawer
  • <<microwave>>
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Pots and Pans Drawers
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • <<bathWSpaHydroMassageTubToken>>
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Property has ocean access
  • Ocean Side of Highway 1
  • Rooftop Deck
  • Open Patio
  • Exterior Lighting

Location

  • Suburban Location

Utilities

  • Central Heating
  • Underground Utilities
  • 220 Volts in Garage
  • Natural Gas Connected
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 3 / C
  • Tax Tract Number 518
  • Assessor Parcel Number 04821225

Home Details

Home Type

Single Family

Est. Annual Taxes

$83,812

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Architectural Style: Custom Built
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04821225
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3073.00 Square Feet
  • Interior Amenities: Bar, Block Walls, Built-in Features, Ceiling Fan(s), Granite Counters, Open Floorplan, Unfurnished
  • Stories: 3
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Panel Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Wood Burning
  • Levels: Multi/Split
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2295.80
  • Room Type: Entry, Great Room, Kitchen, Laundry, Library, Master Suite, Office, Sauna, Utility Room, Walk-In Closet
  • Window Features: Bay Window(s), Skylight(s)
  • Bathroom Features: Bathtub, Shower, Closet In Bathroom, Double Sinks In Master Bath, Exhaust Fan(s), Jetted Tub, Privacy Toilet Door
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Catalina, Coastline, Ocean, Panoramic, Water, White Water
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Patio Open, Roof Top
  • Pool Private: No
  • Roof: Flat, Mansard, Other, Slate
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front, Garage - Single Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Disposal, Gas Oven, Gas Range, Microwave, Range Hood, Refrigerator, Trash Compactor, Warming Drawer
  • Electric: 220 Volts in Garage, 220 Volts in Laundry, Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Suburban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Sprinklers Drip System
  • Lot Size Sq Ft: 3200.00
  • Lot Size Acres: 0.0735

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3200.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front, Ocean Side of Freeway, Ocean Side Of Highway 1, Sea Front

Tax Info

  • Tax Block: C
  • Tax Census Tract: 628.00
  • Tax Lot: 3
  • Tax Tract Number: 518

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
Sep 21, 2020
Sold by
Govaars William Bramwell and Govaars Diane Marie
Bought by
Vandorpe Thomas and Vandorpe Van Dorpe
Seller's Agent
Vicki Lee
Compass
Buyer's Agent
Vicki Lee
Compass
List Price
$8,175,000
Sold Price
$7,055,000
Premium/Discount to List
-$1,120,000
-13.7%
Current Estimated Value
$7,873,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$818,277
Avg. Annual Appreciation
1.81%
Original Mortgage
$3,527,500
Outstanding Balance
$3,201,103
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$4,482,673

Purchase Details

Closed on
Apr 18, 2018
Sold by
Govaars Ii William Bramwell and Govaars Diane Marie
Bought by
Govaars Ii William Bramwell and Govaars Diane Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,625,000
Interest Rate
4.44%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 27, 1999
Sold by
Govaars William Bramwell 2Nd
Bought by
Govaars Ii William Bramwell and Govaars Diane Marie
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
Vandorpe Thomas $7,055,000 First Amer Ttl Co Santa Ana
Govaars Ii William Bramwell -- Fnc Title Services Llc
Govaars Ii William Bramwell -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vandorpe Thomas $3,527,500
Previous Owner Govaars William Bramwell $10,500,000
Previous Owner Govaars Ii William Bramwell $8,625,000
Previous Owner Govaars Ii William Bramwell $1,180,000
Previous Owner Govaars Ii William Bramwell $200,000
Previous Owner Govaars Ii William Bramwell $1,000,000
Previous Owner Govaars Ii William Bramwell $620,000
Previous Owner Govaars Ii William Bramwell $100,000
Previous Owner Govaars Ii William Bramwell $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2020 10/13/20 Sold $7,055,000 -10.6% $2,296 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
07/13/2020 07/13/20 Price Changed $7,895,000 -3.4% $2,569 / Sq Ft
03/12/2020 03/12/20 For Sale $8,175,000 -- $2,660 / 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 $83,812 $7,927,981 $7,375,375 $552,606
2023 $79,656 $7,562,323 $7,230,760 $331,563
2022 $76,055 $7,196,100 $7,088,981 $107,119
2021 $74,592 $7,055,000 $6,949,981 $105,019
2020 $13,948 $1,297,535 $1,186,260 $111,275
2019 $13,660 $1,272,094 $1,163,000 $109,094
2018 $13,388 $1,247,151 $1,140,196 $106,955
2017 $13,392 $1,222,698 $1,117,840 $104,858
2016 $13,171 $1,198,724 $1,095,922 $102,802
2015 $13,068 $1,180,719 $1,079,461 $101,258
2014 $12,686 $1,157,591 $1,058,316 $99,275
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG20034293

California Regional Multiple Listing Service (CRMLS)

APN: 048-212-25