NOT LISTED FOR SALE

Estimated Value: $4,991,792 - $5,723,000

4 Beds
3 Baths
2,585 Sq Ft
$2,013/Sq Ft Est. Value

Highlights

  • Private Dock Site
  • Home fronts a seawall
  • Pier
  • Newport Elementary School Rated A
  • Marina View
  • Boat Slip

About This Home

As of May 2019

Charming 1924 Cape Cod bay front home is located on a quiet street on Newport Harbor's prestigious Balboa Peninsula Point in Newport Beach, the home features four bedrooms, a den and three bathrooms. Enjoy spectacular views of the harbor, city lights and world famous holiday boat parade. Private pier, slip and beach, bay front patio and garden are your own private oasis and perfect for outdoor entertaining.

The first floor includes the bay view living room; a kitchen with garden window; two bedrooms and a full bathroom. The light and airy living room with original Douglas fir flooring and a fireplace features French doors opening to the covered brick patio, garden and dock.
The second floor master bedroom has a beautiful harbor view, en suite bath and a dressing room with ample closet space. Also on the second floor is the den, fourth bedroom and bathroom. Master, den and bedroom are air conditioned. At approximately 2,600 square feet, the home includes a two-car garage and a legal parking pad. Dock will accommodate 25-30 foot boat. Conveniently located, it’s a short walk to the world famous Wedge, miles of oceanfront beaches, Balboa pier, boardwalk, Balboa ferry, Fun Zone, cafes and restaurants. Bay front living at it’s best in the quiet Peninsula Point residential community which offers tennis courts, members only private beach, boat launch ramp and myriad family friendly activities.

Last Agent to Rent the Property

Vicki Lee

Compass License #00664250 Listed on: 11/04/2018

Compass

Last Renter's Agent

Richard Heinz

Coldwell Banker Realty License #01858718

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • 4,860 Sq Ft Lot
  • Home fronts a seawall
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Wood Fence
  • Brick Fence
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Garden
  • Back Yard

Parking

  • 2 Car Attached Garage
  • 1 Open Parking Space
  • Parking Available
  • Garage Door Opener
  • Parking Lot

Property Views

  • Marina
  • Bay
  • Harbor
  • Panoramic
  • City Lights

Home Design

  • Cape Cod Architecture
  • Entry on the 1st floor
  • Raised Foundation
  • Shake Roof
  • Wood Siding
  • Redwood Siding

Interior Spaces

  • 2,585 Sq Ft Home
  • 2-Story Property
  • Fireplace With Gas Starter
  • Fireplace Features Masonry
  • French Mullion Window
  • Garden Windows
  • Wood Frame Window
  • French Doors
  • Formal Entry
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms
  • Stone Bathroom Countertops
  • Tile Bathroom Countertop
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Alarm System
  • Fire and Smoke Detector

Outdoor Features

  • Pier
  • Boat Slip
  • Private Dock Site
  • Docks
  • Ocean Side of Highway 1
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Natural Gas Connected
  • Gas Water Heater
  • Sewer Paid
  • Phone Available

Listing and Financial Details

  • Security Deposit $25,900
  • 12-Month Minimum Lease Term
  • Available 12/20/18
  • Tax Lot 16
  • Tax Tract Number 233
  • Assessor Parcel Number 04823316

Community Details

Overview

  • No Home Owners Association
  • Balboa Peninsula Point Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Available Date: 2018-12-20
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 25900
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Security System, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 04823316
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2585.00 Square Feet
  • Interior Amenities: Unfurnished
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Eating Area: Area, In Living Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas Starter, Masonry
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 3.87
  • Room Type: Den, Formal Entry, Kitchen, Living Room, Main Floor Bedroom, Master Bathroom, Master Suite
  • Window Features: French/Mullioned, Garden Window(s), Wood Frames
  • Bathroom Features: Bathtub, Shower, Exhaust Fan(s), Stone Counters, Tile Counters
  • Room Kitchen Features: Remodeled Kitchen, Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Exterior Features: Boat Slip, Dock Private, Lighting, Pier, Rain Gutters
  • View: Bay, City Lights, Harbor, Marina, Panoramic, Water
  • Fence: Yes
  • Fencing: Brick, Wood
  • Patio And Porch Features: Brick, Covered
  • Pool Private: No
  • Roof: Shake
  • Spa: No
  • Construction Materials: Redwood Siding, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Door Opener, Parking Space
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave
  • Electric: Electricity - On Property
  • Heating Type: Forced Air
  • Laundry Features: Common Area, Inside, Stackable
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Garden, Landscaped, Level with Street, Rectangular Lot, Sprinkler System, Yard
  • Lot Size: 30X
  • Lot Size Sq Ft: 4860.00
  • Lot Size Acres: 0.1116

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 4860.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Includes Dock, Navigable Water, Ocean Side Of Highway 1, Seawall

Tax Info

  • Tax Census Tract: 628.00
  • Tax Lot: 16
  • Tax Tract Number: 233

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 1993
Sold by
Cogan Stuart A and Cogan Sharon A
Bought by
Cogan Stuart A and Cogan Sharon A
Current Estimated Value
$5,203,448
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cogan Stuart A -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2019 05/24/19 Rented $10,000 -16.3% --
05/24/2019 05/24/19 Price Changed $11,950 -7.7% $5 / Sq Ft
05/23/2019 05/23/19 Under Contract -- -- --
11/04/2018 11/04/18 For Rent $12,950 +18.3% --
04/14/2017 04/14/17 Rented $10,950 0.0% --
04/01/2017 04/01/17 Under Contract -- -- --
03/01/2017 03/01/17 For Rent $10,950 -- --
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 $28,862 $2,759,729 $2,659,531 $100,198
2024 $28,862 $2,705,617 $2,607,383 $98,234
2023 $28,187 $2,652,566 $2,556,258 $96,308
2022 $27,720 $2,600,555 $2,506,135 $94,420
2021 $27,189 $2,549,564 $2,456,995 $92,569
2020 $26,928 $2,523,422 $2,431,802 $91,620
2019 $26,369 $2,473,944 $2,384,120 $89,824
2018 $25,843 $2,425,436 $2,337,373 $88,063
2017 $25,386 $2,377,879 $2,291,542 $86,337
2016 $24,742 $2,331,254 $2,246,609 $84,645
2015 $24,508 $2,296,237 $2,212,863 $83,374
2014 $23,929 $2,251,257 $2,169,516 $81,741
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG18261032

California Regional Multiple Listing Service (CRMLS)

APN: 048-233-16