$5,700,000
SOLD OCT 17, 2016
4 Beds
5 Baths
3,561 Sq Ft
4,650 Sq Ft Lot

Recently Sold

$1,601 Per Sq Ft

11% Below List Price

342 Days on Market

Highlights

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

About This Home

As of November 2018

A Bayfront that marries spectacular taste and ‘beach living’ – without feeling contrived! Super high ceilings in the entryway, living and dining rooms, full height glass paneled doors fold into themselves to offer unobstructed bay views…it’s hard to get more indoor/outdoor living than that. The enormous kitchen offers plenty of room for 6 barstools at the counter and oodles of pantry space. Directly off the kitchen is the (huge) family room: bring on the projector sized TV while enjoying the roomy window seat that sleeps 3! Off the kitchen is a powder room and tucked away shower; there is also a second set of stairs (yes, two staircases). Upstairs might be even better (or at least (with the downstairs) tied for first) – high beamed ceilings and three bedrooms so large you may be tempted to call them ginormous. Then there is the master suite. So fabulous and old school with its two separate on suite bathrooms (you don’t have to share!), a sitting room, perfectly proportioned built-ins, and, of course, knockout views. Simply put, this house is intimate yet epic. Lastly… A private shared dock accommodating @ 45’ boat.

Last Agent to Sell the Property

Elizabeth Thamer

Pacific Sotheby's Int'l Realty License #01169245 Listed on: 09/15/2015

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Kim Bibb

Pacific Sotheby's Int'l Realty License #01210754

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $91,878

Year Built

  • Built in 1973 | Remodeled

Lot Details

  • 4,650 Sq Ft Lot
  • Lot Dimensions are 30 x 161
  • Home fronts a seawall
  • Property Fronts a Bay or Harbor
  • Property fronts an alley
  • Rectangular Lot
  • Lawn
  • Garden

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Side by Side Parking
  • Garage Door Opener

Property Views

  • Bay
  • Panoramic
  • City Lights

Home Design

  • Cape Cod Architecture
  • Contemporary Architecture
  • Raised Foundation
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 3,561 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Dual Staircase
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Shutters
  • Wood Frame Window
  • Casement Windows
  • Formal Entry
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Family or Dining Combination
  • Sump Pump
  • Laundry Room

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Gas Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • All Upper Level Bedrooms
  • Primary Bedroom Suite

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Pier
  • Boat Slip
  • Private Dock Site
  • Ocean Side of Highway 1
  • Brick Porch or Patio

Location

  • Suburban Location

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities

Community Details

  • No Home Owners Association
  • Laundry Facilities

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 1973 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Architectural Style: Contemporary, Cape Cod
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04824043
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3561.00
  • Interior Amenities: 2 Staircases, Bar, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Formica Counters, High Ceilings, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting, Sump Pump, Two Story Ceilings, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 5
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, In Family Room, Dining Room
  • Fireplace Features: Gas, Living Room
  • Levels: Two
  • Price Per Square Foot: 1600.67
  • Room Type: All Bedrooms Up, Entry, Family Room, Formal Entry, Galley Kitchen, Living Room, Master Suite, Retreat, Separate Family Room
  • Window Features: Casement Windows, Shutters, Wood Frames

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Exterior Features: Boat Slip, Dock Private, Pier
  • View: Bay, City Lights, Panoramic, Water
  • Patio And Porch Features: Brick, Deck
  • Pool Private: No
  • Spa: No
  • Construction Materials: Shingle Siding, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Garage Door Opener, On Site, Private, Side by Side, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Underground Utilities
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Heating Type: Central, Forced Air, Fireplace(s)
  • Laundry Features: Common Area, Inside
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden, Lawn, Rectangular Lot
  • Lot Size: 30 x 161
  • Lot Size Sq Ft: 4650.00
  • Price Per Lot Square Foot: 1289.25
  • Lot Size Acres: 0.1070

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4650.0000 Square Feet
  • Waterfront Features: Bay Front, Ocean Side Of Highway 1, Seawall

Tax Info

  • Tax Block: 28
  • 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%
Current Estimated Value
$7,572,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$377,090
Avg. Annual Appreciation
-0.86%
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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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 $7,950,000 Chicago Title Co
Grant Deed $5,700,000 Lawyers Title
Grant Deed -- First American Title Company
Grant Deed -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $5,000,000 New Conventional
Previous Owner $3,420,000 New Conventional
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: NP15204782

California Regional Multiple Listing Service (CRMLS)

APN: 048-240-43