NOT LISTED FOR SALE

Estimated Value: $4,551,000 - $7,463,000

3 Beds
2.5 Baths
2,273 Sq Ft
$2,822/Sq Ft Est. Value

Last Sold August 24, 2017

Last sale price $2,800,000 $1,232 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $37,278/month

188 Days on Market

Highlights

  • Koi Pond
  • Primary Bedroom Suite
  • Modern Architecture
  • Newport Elementary School Rated A
  • Main Floor Bedroom
  • 4-minute walk to West Jetty View Park

About This Home

As of August 2017

HALF A MILLION DOLLAR REDUCTION!!! Step into a state of peace and tranquility on the Peninsula Point in this Asian inspired home. Upon entering you’ll get the good energy flowing, viewing the Zen Japanese garden symbolizing a natural habitat with streaming water pouring into a pond of fish and meticulously manicured plants built around to imitate the intimate essence of nature. Fusuma doors throughout exude beauty and light. High end features include teak wood floors, walnut beams, walnut cabinets and doors, and German Dornbracht fixtures. High end movie screen with surround sound. Large office could also be bedroom with built in murphy bed. Large private upstairs master suite includes soaking tub and small patio. Front private patio is designed to invoke deep meditation and rest promoting peace and beauty on one of the largest lots on Ocean Blvd spanning 52 feet wide.

Last Agent to Sell the Property

Fionna Helou

Coldwell Banker Realty License #01961351 Listed on: 11/17/2016

Coldwell Banker Realty

Co-Listed By

Lisa Helou

The Oppenheim Group License #00624164

Last Buyer's Agent

Fionna Helou

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1983 | Remodeled

Lot Details

  • 3,675 Sq Ft Lot
  • Front and Side Yard Sprinklers

Parking

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

Home Design

  • Modern Architecture
  • Composition Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,273 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Family or Dining Combination
  • Home Office
  • Bonus Room

Kitchen

  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Bidet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Alarm System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Accessible Home Design

  • More Than Two Accessible Exits
  • Accessible Parking

Outdoor Features

  • Balcony
  • Patio
  • Koi Pond
  • Lanai
  • Fire Pit
  • Exterior Lighting

Schools

  • Ensign Middle School
  • Harbor High School

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 518
  • Assessor Parcel Number 04826204

Home Details

Home Type

Single Family

Year Built

Built in 1983 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Fire Sprinkler System, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: No
  • Architectural Style: Modern
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04826204
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2273.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Copper Plumbing Full
  • Stories: 2
  • Common Walls: No Common Walls
  • Accessibility Features: 2+ Access Exits, Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: In Family Room
  • Fireplace Features: Family Room, Gas Starter, Fire Pit
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1231.85
  • Room Type: Bonus Room, Family Room, Kitchen, Main Floor Bedroom, Master Bedroom, Master Suite, Office
  • Bathroom Features: Bidet, Shower, Shower In Tub

Exterior Features

  • Patio: Yes
  • Exterior Features: Koi Pond
  • Patio And Porch Features: Lanai, Patio
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Sewer Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Freezer, Microwave, Range Hood, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • High School: Harbor
  • Middle Or Junior School: Ensign
  • High School2: HARBOR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers In Front, Sprinklers On Side
  • Lot Size Sq Ft: 3675.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 27
  • Tax Tract Number: 518

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2017
Sold by
Cefilia Ii James John and Cefilia Sarah Marie
Bought by
Cefilia Ii James John and Cefilia Sarah Marie
Current Estimated Value
$6,414,778

Purchase Details

Closed on
May 26, 2017
Sold by
Paternoster Glenn A and Paternoster Carmel P
Bought by
Cefalia Ii James J and Cefalia Sarah M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 22, 2006
Sold by
The Wallace Group Lp
Bought by
Paternoster Glenn A and Paternoster Carmel P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,920,000
Interest Rate
6.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Cefilia Ii James John -- None Available
Cefalia Ii James J $2,800,000 Orange Coast Title Co
Paternoster Glenn A $2,400,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cefalia Ii James J $900,000
Previous Owner Paternoster Glenn A $1,920,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2017 08/24/17 Sold $2,800,000 -6.5% $1,232 / Sq Ft
05/24/2017 05/24/17 Pending -- -- --
01/18/2017 01/18/17 Price Changed $2,995,000 -14.3% $1,318 / Sq Ft
11/17/2016 11/17/16 For Sale $3,495,000 -- $1,538 / 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
2025 $45,212 $4,344,704 $2,993,467 $1,351,237
2024 $45,212 $4,259,514 $2,934,771 $1,324,743
2023 $44,157 $4,175,995 $2,877,227 $1,298,768
2022 $43,429 $4,094,113 $2,820,811 $1,273,302
2021 $42,595 $4,013,837 $2,765,501 $1,248,336
2020 $42,187 $3,972,681 $2,737,145 $1,235,536
2019 $34,008 $3,200,535 $2,683,476 $517,059
2018 $29,780 $2,800,000 $2,630,859 $169,141
2017 $25,619 $2,400,000 $2,195,994 $204,006
2016 $25,537 $2,400,000 $2,195,994 $204,006
2015 $23,813 $2,223,374 $2,019,368 $204,006
2014 $23,710 $2,223,374 $2,019,368 $204,006
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16747693

California Regional Multiple Listing Service (CRMLS)

APN: 048-262-04