NOT LISTED FOR SALE

Estimated Value: $3,963,000 - $4,355,000

3 Beds
3 Baths
1,823 Sq Ft
$2,286/Sq Ft Est. Value

Last Sold October 24, 2023

Last sale price $3,875,000 $2,126 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $25,195/month

63 Days on Market

Highlights

  • Beach Access
  • Primary Bedroom Suite
  • No HOA
  • Newport Elementary School Rated A
  • Main Floor Bedroom
  • Neighborhood Views

About This Home

As of October 2023

Welcome to the ultimate beach retreat, situated in the prestigious Peninsula Point community. Located just one row back from the sand, this mid-century modern home boasts amazing natural light with its large pane windows scattered throughout. The contemporary design inside creates a calming atmosphere to unwind and relax. Open in concept and warm in character, the kitchen boasts quartz countertops, Viking appliances, and a Carerra marble backsplash. Downstairs features a coastal chic bedroom and bathroom perfect for overnight guests. Upstairs are two additional bedrooms with vaulted ceilings. The private courtyard is the perfect spot to entertain with its abundance of natural light and lush landscaping. Walking distance to the Wedge, Ferry, and many restaurants makes this location unbeatable in Newport Beach.

Last Agent to Sell the Property

Austin Criss

RE/MAX Tiffany Real Estate License #02128057 Listed on: 07/22/2023

Co-Listed By

Matt Genova

Arbor Real Estate License #01949027

Last Buyer's Agent

Don Abrams

Abrams Coastal Properties License #01234323

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 2,450 Sq Ft Lot
  • Landscaped

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,823 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 20 / C
  • Tax Tract Number 518
  • Assessor Parcel Number 04821211
  • $369 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Balboa Peninsula Point Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04821211
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1823.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2125.62
  • Room Type: Main Floor Bedroom, Primary Suite

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 2450.00
  • Lot Size Acres: 0.0562

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2450.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access

Tax Info

  • Tax Block: C
  • Tax Census Tract: 628.00
  • Tax Lot: 20
  • Tax Tract Number: 518
  • TaxOtherAnnualAssessmentAmount: 369.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2023
Closed on
Oct 3, 2023
Sold by
Criss Revocable Inter-Vivos Trust and Criss Bill L
Bought by
Brase Family Trust and Brase
Seller's Agent
Austin Criss
RE/MAX Tiffany Real Estate
Buyer's Agent
Don Abrams
Abrams Coastal Properties
List Price
$4,150,000
Sold Price
$3,875,000
Premium/Discount to List
-$275,000
-6.63%
Views
92
Current Estimated Value
$4,167,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,524
Avg. Annual Appreciation
3.38%
Original Mortgage
$2,475,000
Outstanding Balance
$2,419,481
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$1,748,043

Purchase Details

Listed on
Jun 24, 2015
Closed on
Jul 14, 2015
Sold by
Jackson Jeanne and Jackson Douglas
Bought by
Criss Revocable Inter Vivos Trust
Seller's Agent
Dean Lueck
Compass
Buyer's Agent
Matt Genova
Arbor Real Estate
List Price
$2,295,000
Sold Price
$2,125,000
Premium/Discount to List
-$170,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Original Mortgage
$1,593,500
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 16, 2012
Closed on
Mar 20, 2013
Sold by
Blackstock Jay Justin and Blackstock Teresa Lyn
Bought by
Jackson Jeanne and Jackson Douglas
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Dean Lueck
Compass
List Price
$1,799,000
Sold Price
$1,790,000
Premium/Discount to List
-$9,000
-0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.41%
Original Mortgage
$875,000
Interest Rate
2.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2010
Sold by
Uraine Mary
Bought by
Blackstock Jay Justin and Blackstock Teresa Lyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brase Family Trust $3,875,000 Fidelity National Title
Criss Revocable Inter Vivos Trust $2,125,000 Chicago Title Company
Jackson Jeanne $1,790,000 First American Title Company
Blackstock Jay Justin $1,170,000 Itc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brase Family Trust $2,475,000
Previous Owner Criss Revocable Inter Vivos Trust $1,593,500
Previous Owner Jackson Jeanne $875,000
Previous Owner Blackstock Jay Justin $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2023 10/24/23 Sold $3,875,000 -6.6% $2,126 / Sq Ft
09/24/2023 09/24/23 Pending -- -- --
07/22/2023 07/22/23 For Sale $4,150,000 +95.3% $2,276 / Sq Ft
08/14/2015 08/14/15 Sold $2,125,000 -7.4% $1,166 / Sq Ft View Prior Sale
07/07/2015 07/07/15 Pending -- -- --
06/24/2015 06/24/15 For Sale $2,295,000 +28.2% $1,259 / Sq Ft
03/22/2013 03/22/13 Sold $1,790,000 0.0% $982 / Sq Ft View Prior Sale
03/05/2013 03/05/13 Pending -- -- --
03/03/2013 03/03/13 Off Market $1,790,000 -- --
08/16/2012 08/16/12 For Sale $1,799,000 -- $987 / 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
2025 $41,093 $3,952,500 $3,756,607 $195,893
2024 $41,093 $3,875,000 $3,682,948 $192,052
2023 $25,653 $2,417,885 $2,236,674 $181,211
2022 $25,227 $2,370,476 $2,192,818 $177,658
2021 $24,742 $2,323,997 $2,149,822 $174,175
2020 $24,504 $2,300,168 $2,127,778 $172,390
2019 $23,995 $2,255,067 $2,086,057 $169,010
2018 $23,588 $2,210,850 $2,045,153 $165,697
2017 $23,413 $2,167,500 $2,005,051 $162,449
2016 $22,976 $2,125,000 $1,965,736 $159,264
2015 $20,039 $1,834,052 $1,678,139 $155,913
2014 $19,494 $1,798,126 $1,645,267 $152,859
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23134091

California Regional Multiple Listing Service (CRMLS)

APN: 048-212-11