$3,275,000
SOLD APR 2, 2018
4 Beds
2 Baths
1,650 Sq Ft
3,080 Sq Ft Lot

Recently Sold

$1,985 Per Sq Ft

6% Below List Price

177 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Deck
  • Newport Elementary School Rated A
  • Dual Staircase
  • Main Floor Bedroom

About This Home

As of September 2020

Cool and Cruisey. A modern interpretation of the early California beach cottage, this stylish 1930’s bungalow has been painstakingly remodeled, mingling vintage details with an evolved design aesthetic and sited on one of only a handful of corner lots on "The Point". Ensconced in a deeply saturated palette of rich exterior finishes, lush foliage and plantings and warm wood tones this intimate three bedroom plus den, two bathroom home is advantageously situated on an oversized corner parcel with clear views of the sand and shore break - just steps away. Envisioned by noteworthy local designer Raili Clasen, the home’s charming original character was successfully preserved while establishing a unique personality through the use of a spirited collection of color, finishes and lighting. Fun and fresh for carefree days at the beach! Open floor plan main living level leads to yard and patio and has bedroom, den, and full bath. Upper level has two additional bedrooms, full bath and abundant water views. Outdoors generous living, lounging, and entertaining spaces each offer distinct amenities - affording convenience, privacy and ocean views. A detached carriage house garage adjoins the exterior courtyard, reminiscent of a bygone era within the unspoiled seaside community of Balboa’s Peninsula Point. A treasured find on a rarely available lot that would accommodate over 4200 sft on a newly built structure per City NB.

Last Agent to Sell the Property

Tara Shapiro

Coldwell Banker Realty License #01892201 Listed on: 09/06/2017

Coldwell Banker Realty

Last Buyer's Agent

Tara Shapiro

Coldwell Banker Realty License #01892201 Listed on: 09/06/2017

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,817

Year Built

  • Built in 1936 | Remodeled

Lot Details

  • 3,080 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Level Lot
  • Sprinklers on Timer
  • Private Yard
  • Front Yard

Parking

  • 2 Car Garage
  • Parking Available

Property Views

  • Ocean
  • Coastline
  • Neighborhood

Home Design

  • Bungalow
  • Turnkey

Interior Spaces

  • 1,650 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Dry Bar
  • Beamed Ceilings
  • Brick Wall or Ceiling
  • Fireplace With Gas Starter
  • Fireplace Features Masonry
  • Custom Window Coverings
  • Great Room with Fireplace
  • Attic

Kitchen

  • Built-In Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Balcony
  • Deck
  • Covered patio or porch
  • Exterior Lighting

Location

  • Urban Location

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 16 / c
  • Tax Tract Number 518
  • Assessor Parcel Number 04821214

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,817

Year Built

Built in 1936 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Security System, Smoke Detector(s)
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Architectural Style: Bungalow
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04821214
  • Year Built: 1936
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1650.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Beamed Ceilings, Brick Walls, Dry Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Gas Starter, Great Room, Masonry
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1984.85
  • Room Type: Attic, Great Room, Kitchen, Main Floor Bedroom, Walk-In Closet
  • Window Features: Custom Covering
  • Bathroom Features: Bathtub, Shower, Remodeled

Exterior Features

  • Patio: Yes
  • View: Coastline, Neighborhood, Ocean, Water
  • Patio And Porch Features: Brick, Covered, Deck, Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Freezer, Disposal, Ice Maker, Microwave, Refrigerator
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

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 Features: Corner Lot, Front Yard, Landscaped, Level with Street, Level, Sprinkler System, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 3080.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Ocean Access

Tax Info

  • Tax Block: c
  • Tax Census Tract: 628.00
  • Tax Lot: 16
  • Tax Tract Number: 518

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2020
Closed on
Sep 1, 2020
Sold by
Eisner Michael Breckenridge and The Scenario Trust
Bought by
Contessa Ii Lc
Seller's Agent
Tara Shapiro
Coldwell Banker Realty
Buyer's Agent
John Genova
Coldwell Banker Realty
List Price
$3,950,000
Sold Price
$3,925,000
Premium/Discount to List
-$25,000
-0.63%
Total Days on Market
177
Current Estimated Value
$5,353,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,428,704
Avg. Annual Appreciation
6.78%

Purchase Details

Listed on
Sep 6, 2017
Closed on
Mar 12, 2018
Sold by
1763 Ocean Boulevard Llc
Bought by
Eisner Michael Breckenridge and Scenario Trust
Seller's Agent
Tara Shapiro
Coldwell Banker Realty
Buyer's Agent
Tara Shapiro
Coldwell Banker Realty
List Price
$3,495,000
Sold Price
$3,275,000
Premium/Discount to List
-$220,000
-6.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.70%

Purchase Details

Closed on
Apr 1, 2016
Sold by
Boyd Charles M and Boyd Sue M
Bought by
1763 Ocean Boulevard Llc
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 Type Sale Price Title Company
Grant Deed $3,925,000 First American Title Company
Grant Deed $3,275,000 Chicago Title Co
Grant Deed $2,800,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $900,000 Credit Line Revolving
Previous Owner $500,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2020 09/10/20 Sold $3,925,000 -0.6% $2,379 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
08/08/2020 08/08/20 For Sale $3,950,000 +20.6% $2,394 / Sq Ft
04/02/2018 04/02/18 Sold $3,275,000 0.0% $1,985 / Sq Ft
03/02/2018 03/02/18 Pending -- -- --
10/18/2017 10/18/17 Price Changed $3,275,000 -6.3% $1,985 / Sq Ft
09/06/2017 09/06/17 For Sale $3,495,000 -- $2,118 / 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 $48,817 $4,602,086 $3,935,532 $666,554
2023 $40,827 $3,858,365 $3,858,365 $0
2022 $42,476 $4,003,500 $3,782,711 $220,789
2021 $41,660 $3,925,000 $3,708,540 $216,460
2020 $36,234 $3,407,310 $3,121,200 $286,110
2019 $35,480 $3,340,500 $3,060,000 $280,500
2018 $30,968 $2,913,120 $2,855,731 $57,389
2017 $30,420 $2,856,000 $2,799,736 $56,264
2016 $6,830 $617,647 $560,365 $57,282
2015 $6,764 $608,370 $551,948 $56,422
2014 $6,605 $596,453 $541,136 $55,317
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17207207

California Regional Multiple Listing Service (CRMLS)

APN: 048-212-14