2004 E Ocean Blvd Newport Beach, CA 92661
Balboa Peninsula Point Neighborhood
3
Beds
2
Baths
1,176
Sq Ft
2,625
Sq Ft Lot
Highlights
- Updated Kitchen
- Property is near a park
- Main Floor Bedroom
- Newport Elementary School Rated A
- Wood Flooring
- 5-minute walk to West Jetty View Park
About This Home
As of November 2024Loved by the same family for over 60 years, this warm and inviting 1950's "Balboa Charmer" home is in pristine condition and could be your perfect beach cottage retreat! Located in the highly-coveted & picturesque Peninsula Point neighborhood of the Balboa Peninsula, the 3-bd/2-ba home is on the sunny side of the street, one lot in from the corner and only two lots away from the crashing waves of the ocean.
Step inside to find original hardwood floors throughout, high wood-beamed ceilings, diamond casement windows, and a warm & welcoming fireplace. The bright, updated kitchen features maple cabinetry, stainless steel appliances, granite counters and plenty of windows to flood the space with natural light. Three spacious bedrooms with large closets feature wood floors, ceiling fans and custom shutters. An oversized two-car attached garage conveniently leads directly into the home and provides ample storage. The outdoor patio is a true highlight, with a south facing brick lined entertainer's space that includes a sitting area, dining area and firepit area—perfect for entertaining or simply relaxing to enjoy sunsets & the ocean breeze.
Peninsula Point, located at the very end of the 4-mile Balboa Peninsula, is a historic beach enclave known for its enchanting tree-lined streets, relative quiet setting with long-term residents, and proximity to the harbor entrance and famous Wedge. Residents here are able to join the Balboa Peninsula Racquet Club as well as the voluntary Balboa Peninsula Point Association, which just celebrated 75 years, and offers resident members access to gated bay beach and multiple community activities throughout the year.
Last Agent to Sell the Property
Compass Brokerage Phone: 949-413-7283 License #01351990 Listed on: 09/19/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,554
Year Built
- Built in 1952
Lot Details
- 2,625 Sq Ft Lot
- Rectangular Lot
Parking
- 2 Car Attached Garage
- Electric Vehicle Home Charger
- Parking Storage or Cabinetry
- Parking Available
- Two Garage Doors
Home Design
- Cottage
- Tile Roof
Interior Spaces
- 1,176 Sq Ft Home
- 1-Story Property
- Built-In Features
- Beamed Ceilings
- Ceiling Fan
- Raised Hearth
- Gas Fireplace
- Family Room Off Kitchen
- Wood Flooring
Kitchen
- Updated Kitchen
- Open to Family Room
- Gas Oven
- Gas Range
- Microwave
- Dishwasher
- Granite Countertops
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Schools
- Newport Elementary School
- Ensign Middle School
- Newport Harbor High School
Utilities
- Central Air
- 220 Volts in Garage
Additional Features
- No Interior Steps
- Brick Porch or Patio
- Property is near a park
Listing and Financial Details
- Legal Lot and Block 2 / G
- Tax Tract Number 518
- Assessor Parcel Number 04826129
- $380 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- Balboa Peninsula Point Subdivision
Recreation
- Park
- Water Sports
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 19, 2024
Closed on
Oct 24, 2024
Sold by
Nanas Beach House Llc
Bought by
Holechek Mark and Holechek Cynthia
Seller's Agent
Claire Namdar
Compass
Buyer's Agent
Cynthia Holechek
Beachside Properties
List Price
$3,650,000
Sold Price
$3,500,000
Premium/Discount to List
-$150,000
-4.11%
Total Days on Market
32
Views
52
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,965
Avg. Annual Appreciation
-0.28%
Original Mortgage
$500,000
Outstanding Balance
$497,689
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$2,997,346
Purchase Details
Closed on
Apr 23, 2021
Sold by
Neslen Nancy Grace and Ruch Martha Neslen
Bought by
Nanas Beach House Llc
Purchase Details
Closed on
Feb 3, 2021
Sold by
Neslen Nancy Grace and Eleanor K Neslen Ramsay Trust
Bought by
Neslen Nancy Grace and Ruch Martha Neslen
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,500,000 | Consumers Title | |
| Grant Deed | $3,500,000 | Consumers Title | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $500,000 | New Conventional | |
| Closed | $500,000 | New Conventional | |
| Previous Owner | $120,900 | New Conventional | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $80,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/27/2024 11/27/24 | Sold | $3,500,000 | -2.6% | $2,976 / Sq Ft |
| 10/21/2024 10/21/24 | Pending | -- | -- | -- |
| 10/17/2024 10/17/24 | Price Changed | $3,595,000 | -1.5% | $3,057 / Sq Ft |
| 09/19/2024 09/19/24 | For Sale | $3,650,000 | -- | $3,104 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $1,554 | $110,285 | $72,124 | $38,161 |
| 2023 | $1,514 | $108,123 | $70,710 | $37,413 |
| 2022 | $1,484 | $106,003 | $69,323 | $36,680 |
| 2021 | $1,384 | $103,925 | $67,964 | $35,961 |
| 2020 | $1,369 | $102,860 | $67,267 | $35,593 |
| 2019 | $1,347 | $100,844 | $65,948 | $34,896 |
| 2018 | $1,321 | $98,867 | $64,655 | $34,212 |
| 2017 | $1,298 | $96,929 | $63,387 | $33,542 |
| 2016 | $1,271 | $95,029 | $62,144 | $32,885 |
| 2015 | $1,256 | $93,602 | $61,210 | $32,392 |
| 2014 | $1,226 | $91,769 | $60,011 | $31,758 |
Source: Public Records
Agents Affiliated with this Home
-
Claire Namdar
Seller's Agent in 2024
Claire Namdar
Compass
(949) 413-7283
1 in this area
18 Total Sales
-
Cynthia Holechek
C
Buyer's Agent in 2024
Cynthia Holechek
Beachside Properties
(949) 280-7135
1 in this area
4 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP24193481
APN: 048-261-29
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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