NOT LISTED FOR SALE

Estimated Value: $6,769,000 - $9,996,458

4 Beds
3.5 Baths
3,550 Sq Ft
$2,227/Sq Ft Est. Value

Last Sold November 20, 2018

Last sale price $7,950,000 $2,239 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $52,034/month

63 Days on Market

Highlights

  • Private Dock Site
  • Pier
  • Bay View
  • Newport Elementary School Rated A
  • Boat Slip
  • Primary Bedroom Suite

About This Home

As of November 2018

Light-infused contemporary architecture meets unparalleled bay front living at Balboa Peninsula Point’s most coveted address: East Bay Avenue. With a clean design aesthetic and an air of understated elegance this heirloom home on Newport Harbor is highlighted by engaging water views and inviting living spaces. Gutted-to-the-studs and completed in 2017 the spacious four bedroom, three and one-half bath home is accented by warm French oak flooring, custom stonework, and a soothing color palette that lends itself to a relaxed waterside lifestyle. From the dramatic light-filled entrance to the progression of open-format living, dining, kitchen and family room spaces the interior flows seamlessly to the exterior. Stunning floor-to-ceiling walls of glass open to a spectacular outdoor dining terrace and an unusual deep bay front grassy yard. Ascending the modern cable staircase to the second level the master retreat with adjoining spa-inspired bath boasts panoramic harbor views. Adjacent to the master suite resides three thoughtfully conveyed guest accommodations. Sited on one of the most preferred locations on the bay front, with captivating water and city light views that are unobstructed by vessel moorings, the home enjoys a private dock for craft of approximately forty-five feet and Duffy side tie. An incredible opportunity to enjoy the bay front lifestyle in a newly reconstructed turn-key home.

Last Agent to Sell the Property

Tara Shapiro

Coldwell Banker Realty License #01892201 Listed on: 08/29/2018

Coldwell Banker Realty

Last Buyer's Agent

Joshua Altman

Douglas Elliman of California, Inc. License #01764587

Douglas Elliman of California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $91,878

Year Built

  • Built in 2017

Lot Details

  • 4,830 Sq Ft Lot
  • Glass Fence
  • Wood Fence
  • Landscaped
  • Lawn
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Single Garage Door

Property Views

  • Bay
  • Harbor
  • Panoramic
  • City Lights
  • Hills
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Turnkey

Interior Spaces

  • 3,550 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • High Ceiling
  • Sliding Doors
  • Separate Family Room
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Wood Flooring

Kitchen

  • Double Self-Cleaning Oven
  • Six Burner Stove
  • Built-In Range
  • Indoor Grill
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Pier
  • Boat Slip
  • Private Dock Site
  • Wood patio
  • Exterior Lighting
  • Outdoor Grill

Location

  • Urban Location

Schools

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

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 5 / 28
  • Tax Tract Number 94
  • Assessor Parcel Number 04824043

Home Details

Home Type

Single Family

Est. Annual Taxes

$91,878

Year Built

Built in 2017

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04824043
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3550.00 Square Feet
  • Interior Amenities: Built-in Features, High Ceilings, Living Room Deck Attached, Open Floorplan, Stone Counters, Wired for Data, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2239.44
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room, Master Suite, Separate Family Room, Walk-In Closet
  • Bathroom Features: Shower, Double Sinks In Master Bath, Privacy Toilet Door, Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Boat Slip, Dock Private, Lighting, Pier
  • View: Bay, City Lights, Harbor, Hills, Neighborhood, Panoramic, Water
  • Fence: Yes
  • Fencing: Glass, Wood
  • Patio And Porch Features: Deck, Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Double Oven, Freezer, Disposal, Gas Range, Indoor Grill, Microwave, Refrigerator, Self Cleaning Oven
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Landscaped, Lawn
  • Lot Size Sq Ft: 4830.00
  • Lot Size Acres: 0.1109

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4830.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 28
  • Tax Census Tract: 628.00
  • Tax Lot: 5
  • Tax Tract Number: 94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2018
Closed on
Oct 3, 2018
Sold by
Bartz Howard J and Mcqueary Katie
Bought by
Trut Prince Rebekah and Wooloomooloo Trut
Seller's Agent
Tara Shapiro
Coldwell Banker Realty
Buyer's Agent
Joshua Altman
Douglas Elliman of California, Inc.
List Price
$8,475,000
Sold Price
$7,950,000
Premium/Discount to List
-$525,000
-6.19%
Total Days on Market
63
Current Estimated Value
$7,905,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,514
Avg. Annual Appreciation
0.19%
Original Mortgage
$5,000,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 15, 2015
Closed on
Aug 26, 2016
Sold by
Mcfarlane Properties Llc
Bought by
Bartz Howard J and Mcqueary Katie
Seller's Agent
Elizabeth Thamer
Pacific Sotheby's Int'l Realty
Buyer's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
List Price
$6,395,000
Sold Price
$5,700,000
Premium/Discount to List
-$695,000
-10.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.26%
Original Mortgage
$3,420,000
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2007
Sold by
Buckingham James O and Buckingham William A
Bought by
Mcfarlane Properties Llc

Purchase Details

Closed on
Dec 23, 1991
Sold by
Buckingham Henry W and Buckingham Henry
Bought by
Buckingham Henry W and Buckingham Mary F
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
Trut Prince Rebekah $7,950,000 Chicago Title Co
Bartz Howard J $5,700,000 Lawyers Title
Mcfarlane Properties Llc -- First American Title Company
Mcfarlane Properties Llc -- First American Title Company
Buckingham Shea Ann H -- First American Title Company
Buckingham Henry W -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trut Prince Rebekah $5,000,000
Previous Owner Bartz Howard J $3,420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2018 11/20/18 Sold $7,950,000 -6.2% $2,239 / Sq Ft
10/31/2018 10/31/18 Pending -- -- --
08/29/2018 08/29/18 For Sale $8,475,000 +48.7% $2,387 / Sq Ft
10/17/2016 10/17/16 Sold $5,700,000 -4.9% $1,601 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
08/02/2016 08/02/16 Price Changed $5,995,000 -6.3% $1,684 / Sq Ft
01/05/2016 01/05/16 For Sale $6,395,000 0.0% $1,796 / Sq Ft
10/20/2015 10/20/15 Pending -- -- --
09/15/2015 09/15/15 For Sale $6,395,000 -- $1,796 / 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 $91,878 $8,694,486 $7,655,525 $1,038,961
2023 $89,737 $8,524,006 $7,505,416 $1,018,590
2022 $88,263 $8,356,869 $7,358,251 $998,618
2021 $86,565 $8,193,009 $7,213,971 $979,038
2020 $85,736 $8,109,000 $7,140,000 $969,000
2019 $83,940 $7,950,000 $7,000,000 $950,000
2018 $64,344 $6,089,247 $5,399,861 $689,386
2017 $60,363 $5,700,000 $5,293,982 $406,018
2016 $4,478 $393,599 $205,039 $188,560
2015 $4,434 $387,687 $201,959 $185,728
2014 $4,331 $380,093 $198,003 $182,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18211305

California Regional Multiple Listing Service (CRMLS)

APN: 048-240-43