NOT LISTED FOR SALE

Estimated Value: $5,462,000 - $8,105,659

7 Beds
8 Baths
6,933 Sq Ft
$997/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $3,698,000 $533 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $42,296/month

8 Days on Market

Highlights

  • Peek-A-Boo Views
  • 0.15 Acre Lot
  • Fireplace in Primary Bedroom
  • Newport Elementary School Rated A
  • Dual Staircase
  • Main Floor Bedroom

About This Home

As of June 2020

Luxury Live Auction! Bidding to start from $3,000,000! One of a kind opportunity to own in the much desired Peninsula Point! This stunning home sits on an oversized 6,534 sq. ft. lot just down the street from “The Wedge” and just a short block to the Newport Bay. With an abundance of living space this home features seven bedrooms eight bathrooms with a guest suite on the first floor. Recently renovated in 2020, The home offers a gourmet kitchen with Viking appliances and quartz countertop finishes, spacious family room opening to a large front yard, full movie theater room, home office, a spacious game room, home gym and a 3 car garage. Located one house from the bay and a quick stroll to the beach this home is perfect for entertaining.

Last Agent to Sell the Property

Drew Teicheira

Harcourts Place License #02030547 Listed on: 05/27/2020

Harcourts Place

Last Buyer's Agent

Drew Teicheira

Harcourts Place License #02030547 Listed on: 05/27/2020

Harcourts Place

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,113

Year Built

  • Built in 2005

Lot Details

  • 6,534 Sq Ft Lot
  • Private Yard
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 6,933 Sq Ft Home
  • Dual Staircase
  • Crown Molding
  • Family Room
  • Living Room with Fireplace
  • Bonus Room
  • Home Gym
  • Peek-A-Boo Views
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • 8 Full Bathrooms

Additional Features

  • Balcony
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 9 / 27
  • Tax Tract Number 105
  • Assessor Parcel Number 04823321

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,113

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Ad Number: 9492447438
  • Other Phone Number: 9492447438
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04823321
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6933.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Crown Molding
  • Common Walls: No Common Walls
  • Full Bathrooms: 8
  • Full And Three Quarter Bathrooms: 8
  • Total Bedrooms: 7
  • Fireplace Features: Living Room, Master Bedroom, Master Retreat
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 533.39
  • Room Type: Bonus Room, Exercise Room, Family Room, Kitchen, Laundry, Main Floor Bedroom, Master Bathroom, Master Bedroom

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Yard
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6534.0000 Square Feet
  • Number Of Units Total: 6933

Tax Info

  • Tax Block: 27
  • Tax Census Tract: 628.00
  • Tax Lot: 9
  • Tax Tract Number: 105

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2020
Closed on
Jun 25, 2020
Sold by
Rodrigues Mark J and Rodrigues Jean M
Bought by
Yu Charles Chaoi and The Yu And Noquez Family Trust
Seller's Agent
Drew Teicheira
Harcourts Place
Buyer's Agent
Drew Teicheira
Harcourts Place
List Price
$3,000,000
Sold Price
$3,698,000
Premium/Discount to List
$698,000
23.27%
Total Days on Market
8
Current Estimated Value
$6,909,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,211,665
Avg. Annual Appreciation
14.05%

Purchase Details

Listed on
Mar 1, 2017
Closed on
Jan 10, 2017
Sold by
Miles Douglas E and Miles Lindah E
Bought by
Rodrigues Mark J and Rodrigues Jean M
Seller's Agent
Michael Sayegh
Realty One Group West
Buyer's Agent
Michael Sayegh
Realty One Group West
Sold Price
$9,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.48%
Original Mortgage
$2,145,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 17, 2005
Sold by
Cross Communities Inc
Bought by
Miles Douglas E and Miles Lindah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
6.28%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 16, 2003
Sold by
Barth Neil M and Barth Kerry Oneil
Bought by
Cross Communities Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,131,566
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2001
Sold by
Hervey Valerie and Simpson Linda Hervey
Bought by
Barth Neil M and Barth Kerry Oneil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,900,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
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
Yu Charles Chaoi $3,698,000 Wfg Title Company
Rodrigues Mark J $3,300,000 Chtcago Title Company
Miles Douglas E $4,750,000 First American Title Co
Cross Communities Inc $1,400,000 Commerce Title Company
Barth Neil M $1,400,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodrigues Mark J $2,145,000
Previous Owner Miles Douglas E $1,000,000
Previous Owner Miles Douglas E $250,000
Previous Owner Miles Douglas E $600,000
Previous Owner Miles Douglas E $2,800,000
Previous Owner Miles Douglas E $475,000
Previous Owner Miles Douglas E $475,000
Previous Owner Miles Douglas E $2,850,000
Previous Owner Cross Communities Inc $2,710,000
Previous Owner Cross Communities Inc $1,131,566
Previous Owner Barth Neil M $2,900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $3,698,000 +23.3% $533 / Sq Ft
05/27/2020 05/27/20 For Sale $3,000,000 0.0% $433 / Sq Ft
03/10/2017 03/10/17 Rented $9,800 0.0% --
03/04/2017 03/04/17 Under Contract -- -- --
03/01/2017 03/01/17 For Rent $9,800 0.0% --
02/28/2017 02/28/17 Sold $3,300,000 0.0% $476 / Sq Ft
01/12/2017 01/12/17 Pending -- -- --
01/05/2017 01/05/17 Price Changed $3,300,000 -9.6% $476 / Sq Ft
12/04/2016 12/04/16 Price Changed $3,650,000 0.0% $526 / Sq Ft
12/04/2016 12/04/16 For Sale $3,650,000 -3.6% $526 / Sq Ft
11/02/2016 11/02/16 Pending -- -- --
10/26/2016 10/26/16 For Sale $3,785,000 -- $546 / 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 $42,113 $3,965,002 $960,155 $3,004,847
2023 $41,130 $3,887,257 $941,328 $2,945,929
2022 $40,452 $3,811,037 $922,871 $2,888,166
2021 $39,675 $3,736,311 $904,775 $2,831,536
2020 $39,295 $4,032,590 $1,523,300 $2,509,290
2019 $41,924 $3,953,520 $1,493,431 $2,460,089
2018 $41,087 $3,876,000 $1,464,148 $2,411,852
2017 $61,104 $5,770,441 $2,916,920 $2,853,521
2016 $59,724 $5,657,296 $2,859,726 $2,797,570
2015 $59,167 $5,572,319 $2,816,771 $2,755,548
2014 $57,770 $5,463,165 $2,761,594 $2,701,571
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20096909

California Regional Multiple Listing Service (CRMLS)

APN: 048-233-21