$1,725,000
SOLD APR 6, 2018
3 Beds
2 Baths
1,036 Sq Ft
2,625 Sq Ft Lot

Recently Sold

$1,665 Per Sq Ft

7% Below List Price

19 Days on Market

Highlights

  • Ocean Side of Highway 1
  • Main Floor Bedroom
  • Enclosed patio or porch
  • Newport Elementary School Rated A
  • No HOA
  • Laundry Room

About This Home

As of June 2020

Located in the highly desirable neighborhood of Peninsula Point just 2 blocks from the bay and 4 blocks from the beach, this single-level beach house offers a world of possibilities for the project seeker, investor, or beach dweller. Measuring just over 1,000 sq. ft., the home encompasses 3 bedrooms, 2 bathrooms, a kitchen, and living room with fireplace. An abundance of windows welcome natural light and sea breezes, and a charming front brick patio with privacy wall offers the ideal space for outdoor entertaining. Situated just moments to The Wedge, Balboa Pier & Fun Zone, restaurants, and shops, this beach cottage is not to be missed!

Last Agent to Sell the Property

Tim Smith

Coldwell Banker Realty License #01346878 Listed on: 02/14/2018

Coldwell Banker Realty

Last Buyer's Agent

Angela Caliger

Surterre Properties Inc. License #01985549

Surterre Properties Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,803

Year Built

  • Built in 1938

Lot Details

  • 2,625 Sq Ft Lot
  • Front Yard

Parking

  • 1 Car Garage

Interior Spaces

  • 1,036 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Living Room with Fireplace
  • Carpet

Kitchen

  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Ocean Side of Highway 1
  • Enclosed patio or porch
  • Exterior Lighting

Schools

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

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 48
  • Assessor Parcel Number 04822106

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,803

Year Built

Built in 1938

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Other Phone Number: 949-478-2295
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04822106
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1036.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1665.06
  • Room Type: Kitchen, Living Room, Main Floor Bedroom
  • Window Features: Blinds

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Brick, Enclosed, Patio
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Gas Range, Microwave
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

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: Front Yard
  • Lot Size Sq Ft: 2625.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 628.00
  • Tax Lot: 22
  • Tax Tract Number: 048-22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2020
Closed on
Jun 4, 2020
Sold by
1801 Balboa Llc
Bought by
Lupton Kenneth R and Lupton Lori
Seller's Agent
Angela Caliger
Surterre Properties Inc.
Buyer's Agent
Artie Dorr
Balboa Realty
List Price
$4,199,000
Sold Price
$4,025,000
Premium/Discount to List
-$174,000
-4.14%
Total Days on Market
19
Current Estimated Value
$6,980,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,955,955
Avg. Annual Appreciation
11.82%

Purchase Details

Listed on
Feb 14, 2018
Closed on
Mar 15, 2018
Sold by
Roberts Charles M and Buckley Diane R
Bought by
1801 Balboa Llc
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Angela Caliger
Surterre Properties Inc.
List Price
$1,849,000
Sold Price
$1,725,000
Premium/Discount to List
-$124,000
-6.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.47%

Purchase Details

Closed on
Mar 19, 2014
Sold by
Roberts Charles M and Buckley Diane R
Bought by
Roberts Charles M and Buckley Diane R

Purchase Details

Closed on
May 7, 2013
Sold by
Roberts John A
Bought by
Roberts Charles M and Buckley Diane R

Purchase Details

Closed on
May 6, 2013
Sold by
Cook Roberts Grace P
Bought by
Roberts John A

Purchase Details

Closed on
Sep 29, 2012
Sold by
Ashborn Charlene
Bought by
Roberts Charles M

Purchase Details

Closed on
May 14, 2012
Sold by
Buckley Richard
Bought by
Buckley Diane R

Purchase Details

Closed on
May 12, 2012
Sold by
Roberts Grace
Bought by
Roberts John A

Purchase Details

Closed on
May 4, 2012
Sold by
Roberts Charles M
Bought by
Roberts Richard B and Roberts John A

Purchase Details

Closed on
Jul 10, 2006
Sold by
Roberts Zoe B
Bought by
Roberts Zoe B and Family Trust Of The Roberts Family Trust
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 $4,025,000 Equity Title Company
Grant Deed $1,725,000 Equity Title Co
Interfamily Deed Transfer -- None Available
Grant Deed $425,000 None Available
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- Accommodation
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,120,518 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $4,025,000 -4.1% $1,313 / Sq Ft
06/04/2020 06/04/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $4,199,000 +4.3% $1,370 / Sq Ft
05/04/2020 05/04/20 Off Market $4,025,000 -- --
03/31/2020 03/31/20 For Sale $4,199,000 +143.4% $1,370 / Sq Ft
04/06/2018 04/06/18 Sold $1,725,000 -6.7% $1,665 / Sq Ft
03/05/2018 03/05/18 Pending -- -- --
02/14/2018 02/14/18 For Sale $1,849,000 -- $1,785 / 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 $45,803 $4,315,611 $3,230,461 $1,085,150
2023 $44,734 $4,230,992 $3,167,119 $1,063,873
2022 $43,996 $4,148,032 $3,105,019 $1,043,013
2021 $43,151 $4,066,699 $3,044,137 $1,022,562
2020 $27,099 $2,539,630 $1,741,916 $797,714
2019 $18,858 $1,759,500 $1,707,761 $51,739
2018 $6,936 $626,162 $593,546 $32,616
2017 $6,814 $613,885 $581,908 $31,977
2016 $6,664 $601,849 $570,499 $31,350
2015 $6,600 $592,809 $561,929 $30,880
2014 $6,445 $581,197 $550,921 $30,276
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18034260

California Regional Multiple Listing Service (CRMLS)

APN: 048-221-06