NOT LISTED FOR SALE

Estimated Value: $3,976,000 - $7,436,000

3 Beds
3 Baths
2,726 Sq Ft
$2,011/Sq Ft Est. Value

Last Sold March 10, 2021

Last sale price $3,000,000 $1,101 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $31,917/month

9 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • High Ceiling
  • Newport Elementary School Rated A
  • Corner Lot
  • No HOA

About This Home

As of March 2021

Large corner lot on the prime balboa peninsula! Older home that has been tastefully updated with a modern feel. Brand new A/C to cool you off after a hot summer day at the beach. Open floor plan with built in bar that's great for entertaining. Incredible natural light throughout the house. Large master suite with large walk in closet and sitting area. The master bath has large walk in shower and large soaking tub. Upstairs laundry. All appliances are included. Owner will consider selling furnished. This home can be lived in now while you create new plans to rebuild down the road. Peaceful neighborhood that is close to the shops/restaurants, Balboa Fun Zone/Ferry, and short walk to the beach!

Last Agent to Sell the Property

Kaira Stewart

EverElite Realty Inc. License #01398798 Listed on: 01/13/2021

Last Buyer's Agent

Sean Stanfield

Pacific Sotheby's Int'l Realty License #01024996

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,818

Year Built

  • Built in 1956

Lot Details

  • 3,000 Sq Ft Lot
  • Property fronts an alley
  • Corner Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Flat Roof Shape

Interior Spaces

  • 2,726 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Skylights
  • Family Room with Fireplace
  • Dining Room
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Six Burner Stove
  • Gas Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

  • Central Air

Community Details

  • No Home Owners Association
  • Balboa Peninsula Point Subdivision

Listing and Financial Details

  • Legal Lot and Block 14 / L
  • Tax Tract Number 518
  • Assessor Parcel Number 04822114

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,818

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Security: Security System
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: No
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04822114
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2726.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, High Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1100.51
  • Room Type: All Bedrooms Up
  • Window Features: Skylight(s)
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • Fence: No
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Flat

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Gas Range, Refrigerator
  • Laundry Features: Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 3000.00
  • Lot Size Acres: 0.0689

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: L
  • Tax Census Tract: 628.00
  • Tax Lot: 14
  • Tax Tract Number: 518

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2021
Closed on
Mar 2, 2021
Sold by
Lee Ta Jen
Bought by
Verma Swarnendra K and Niedringhaus Valerie
Seller's Agent
Kaira Stewart
EverElite Realty Inc.
Buyer's Agent
Sean Stanfield
Pacific Sotheby's Int'l Realty
List Price
$3,250,000
Sold Price
$3,000,000
Premium/Discount to List
-$250,000
-7.69%
Total Days on Market
9
Current Estimated Value
$5,483,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,483,257
Avg. Annual Appreciation
15.32%
Original Mortgage
$2,550,000
Outstanding Balance
$2,306,576
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$3,176,681

Purchase Details

Listed on
Mar 7, 2013
Closed on
Apr 15, 2013
Sold by
Drew Liana Marie
Bought by
Lee Ta Jen
Seller's Agent
Mary Lou Skowronski
Berkshire Hathaway HomeService
Buyer's Agent
David Stewart
EverElite Realty Inc.
List Price
$1,850,000
Sold Price
$1,800,000
Premium/Discount to List
-$50,000
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%
Original Mortgage
$1,170,000
Interest Rate
3.37%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Mar 7, 2013
Closed on
Apr 10, 2013
Sold by
Baers Ronald L and Baers Sandra W
Bought by
Lee Ta Jen
Seller's Agent
Mary Lou Skowronski
Berkshire Hathaway HomeService
Buyer's Agent
David Stewart
EverElite Realty Inc.
List Price
$1,850,000
Sold Price
$1,800,000
Premium/Discount to List
-$50,000
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,170,000
Interest Rate
3.37%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 7, 2010
Sold by
Baers Ronald L and Baers Sandra W
Bought by
Baers Ronald L and Baers Sandra W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2005
Sold by
Baers Ronald L
Bought by
Baers Ronald L and Baers Sandra W

Purchase Details

Closed on
May 26, 2004
Sold by
Baers Ronald L and Baers Sandra W
Bought by
Baers Ronald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,000
Interest Rate
5.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 1993
Sold by
Baers Ronald L and Baers Sandra W
Bought by
Baers Ronald L and Baers Sandra W
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
Verma Swarnendra K $3,000,000 Wfg National Title Company
Lee Ta Jen -- None Available
Lee Ta Jen $1,800,000 California Title Company
Baers Ronald L -- Accommodation
Baers Ronald L -- None Available
Baers Ronald L -- Orange Coast Title Company
Baers Ronald L -- First American Title Ins Co
Baers Ronald L -- First American Title Ins Co
Baers Ronald L -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verma Swarnendra K $2,550,000
Previous Owner Lee Ta Jen $1,170,000
Previous Owner Baers Ronald L $412,000
Previous Owner Baers Ronald L $417,000
Previous Owner Baers Ronald L $453,000
Previous Owner Baers Ronald L $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2021 03/10/21 Sold $3,000,000 -7.7% $1,101 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $3,250,000 +80.6% $1,192 / Sq Ft
06/05/2013 06/05/13 Sold $1,800,000 -2.7% $563 / Sq Ft
04/09/2013 04/09/13 Pending -- -- --
03/07/2013 03/07/13 For Sale $1,850,000 0.0% $579 / Sq Ft
02/02/2012 02/02/12 Rented $5,000 0.0% --
02/01/2012 02/01/12 Under Contract -- -- --
10/27/2011 10/27/11 For Rent $5,000 -- --
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 $33,818 $3,183,624 $3,003,323 $180,301
2023 $33,721 $3,121,200 $2,944,434 $176,766
2022 $33,285 $3,060,000 $2,886,700 $173,300
2021 $22,971 $2,053,114 $1,884,805 $168,309
2020 $22,762 $2,032,062 $1,865,478 $166,584
2019 $22,331 $1,992,218 $1,828,900 $163,318
2018 $22,027 $1,953,155 $1,793,039 $160,116
2017 $21,616 $1,914,858 $1,757,881 $156,977
2016 $21,163 $1,872,424 $1,723,413 $149,011
2015 $21,059 $1,844,299 $1,697,526 $146,773
2014 $20,585 $1,808,172 $1,664,274 $143,898
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR21007644

California Regional Multiple Listing Service (CRMLS)

APN: 048-221-14