NOT LISTED FOR SALE

Estimated Value: $3,797,000 - $4,699,000

4 Beds
3 Baths
2,092 Sq Ft
$2,027/Sq Ft Est. Value

Last Sold July 24, 2015

Last sale price $1,975,000 $944 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $25,847/month

118 Days on Market

Highlights

  • Property has ocean access
  • Peek-A-Boo Views
  • Cathedral Ceiling
  • Newport Elementary School Rated A
  • Open Floorplan
  • Wood Flooring

About This Home

As of July 2015

A great opportunity to own on a well desired block of East Ocean Blvd in Newport's Peninsula Point neighborhood!
Built in a more simple time period, this Mid Century home reflects just that, with relaxed, spacious, free flow form including outdoor/indoor living, main floor bed and bath, 3 car garage with direct access. The second level offers 3 bedrooms, 2 bathrooms, a deck that expands the width of the home with a TRUE peek-a-boo OCEAN VIEW.

Last Agent to Sell the Property

Jennifer Rotellini

Peninsula Properties License #01398930 Listed on: 03/12/2015

Last Buyer's Agent

Jennifer Rotellini

Peninsula Properties License #01398930 Listed on: 03/12/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,512

Year Built

  • Built in 1957

Lot Details

  • 2,614

Parking

  • 3 Car Direct Access Garage
  • Parking Available

Interior Spaces

  • 2,092 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Family Room with Fireplace
  • Peek-A-Boo Views
  • Alarm System

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Balcony

Additional Features

  • 2,614 Sq Ft Lot
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 26 / C
  • Tax Tract Number 518
  • Assessor Parcel Number 04821206

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,512

Year Built

Built in 1957

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Wired for Alarm System
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04821206
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2092.00
  • Interior Amenities: Beamed Ceilings, Built-in Features, Balcony, Cathedral Ceiling(s), Ceiling Fan(s), Furnished, Open Floorplan, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 944.07
  • Room Type: Family Room, Main Floor Bedroom

Exterior Features

  • View: Peek-A-Boo
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Disposal, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Size Sq Ft: 2614.00
  • Price Per Lot Square Foot: 755.55
  • 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
  • Waterfront Features: Beach Access, Ocean Access

Tax Info

  • Tax Block: C
  • Tax Lot: 26
  • Tax Tract Number: 518

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2015
Closed on
Jul 14, 2015
Sold by
Lebrun Victor Stephan and Lebrun Shirley Ruth
Bought by
Blincoe Janet S and James Blincoe Separate Property Trust
Seller's Agent
Jennifer Rotellini
Peninsula Properties
Buyer's Agent
Jennifer Rotellini
Peninsula Properties
List Price
$2,300,000
Sold Price
$1,975,000
Premium/Discount to List
-$325,000
-14.13%
Total Days on Market
118
Current Estimated Value
$4,240,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,265,647
Avg. Annual Appreciation
7.89%
Original Mortgage
$600,000
Outstanding Balance
$477,349
Interest Rate
3.97%
Mortgage Type
Unknown
Estimated Equity
$3,697,793

Purchase Details

Closed on
Apr 14, 2009
Sold by
Muth James T and Muth Michele S
Bought by
Lebrun Victor Stephan and Lebrun Shirley Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.71%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 21, 2006
Sold by
Muth James T and Muth Michele S
Bought by
Muth Ii James T and Muth Michele S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 1995
Sold by
Smythe Vernon L and Smythe Betty S
Bought by
Smythe Vernon L and Smythe Betty S

Purchase Details

Closed on
Dec 7, 1995
Sold by
Huddleston Herbert Dennis and Huddleston Elizabeth Frances
Bought by
Smythe Vernon L and Smythe Betty
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
Blincoe Janet S $1,975,000 Fidelity National Title Co
Lebrun Victor Stephan $1,395,000 California Title Company
Muth Ii James T -- Accommodation
Muth James T $1,805,000 Multiple
Smythe Vernon L -- --
Smythe Vernon L $66,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blincoe Janet S $600,000
Previous Owner Lebrun Victor Stephan $700,000
Previous Owner Muth James T $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2015 07/24/15 Sold $1,975,000 -10.0% $944 / Sq Ft
07/08/2015 07/08/15 Pending -- -- --
05/21/2015 05/21/15 Price Changed $2,195,000 -4.6% $1,049 / Sq Ft
03/12/2015 03/12/15 For Sale $2,300,000 -- $1,099 / 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 $24,512 $2,292,153 $2,145,983 $146,170
2023 $23,938 $2,247,209 $2,103,905 $143,304
2022 $23,541 $2,203,147 $2,062,652 $140,495
2021 $23,090 $2,159,949 $2,022,208 $137,741
2020 $22,868 $2,137,802 $2,001,473 $136,329
2019 $22,395 $2,095,885 $1,962,229 $133,656
2018 $21,949 $2,054,790 $1,923,754 $131,036
2017 $21,802 $2,014,500 $1,886,033 $128,467
2016 $21,392 $1,975,000 $1,849,051 $125,949
2015 $16,457 $1,494,721 $1,354,630 $140,091
2014 $15,997 $1,465,442 $1,328,095 $137,347
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15054226

California Regional Multiple Listing Service (CRMLS)

APN: 048-212-06