NOT LISTED FOR SALE

Estimated Value: $7,629,640 - $8,520,000

5 Beds
5 Baths
3,729 Sq Ft
$2,129/Sq Ft Est. Value

Last Sold February 05, 2021

Last sale price $5,100,000 $1,368 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $46,548/month

45 Days on Market

Highlights

  • Heated In Ground Pool
  • Bay View
  • Open Floorplan
  • Newport Elementary School Rated A
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom

About This Home

As of February 2021

An idyllic opportunity in the acclaimed community of Balboa Peninsula Point, this finely appointed custom home offers the spacious conveniences of an extra large corner lot, privacy, outdoor options and resort-like pool. The sun drenched residence has 5 bedrooms, an open floor plan, plenty of parking and a turnkey finish. Sliding glass doors wrap around the main living spaces opening to the upgraded pool with waterfalls, baja shelf and private landscaped yard. Steps from the door lead to the famed Wedge surf break along with miles of pristine beaches and a boardwalk for scenic bike rides and more. The community also offers a private bayfront beach with BBQ, swim area, organized events and launch locations into the harbor for standup paddling, kayaking and other water sports. With the Balboa Village and Pier nearby, one has the amenities of restaurants, shopping, and discovery of the Balboa Fun Zone, Balboa Island Ferry and other local attractions. For any occasion this home offers the best of what Newport Beach has been renown for over the years.

Last Agent to Sell the Property

Andrew Cotton

Compass License #01895023 Listed on: 09/28/2020

Compass

Co-Listed By

Christopher Bellot

Compass License #01895021

Last Buyer's Agent

Jenna Downes

Compass License #01861730

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,554

Year Built

  • Built in 2013 | Remodeled

Lot Details

  • 4,800 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Back and Front Yard

Parking

  • 3 Car Attached Garage
  • 3 Open Parking Spaces
  • Parking Available

Property Views

  • Bay
  • City Lights
  • Peek-A-Boo

Home Design

  • Metal Roof

Interior Spaces

  • 3,729 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Sound
  • Built-In Features
  • High Ceiling
  • Gas Fireplace
  • Living Room with Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Waterfall Pool Feature

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting
  • Front Porch

Additional Features

  • Property is near a park
  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 756
  • Assessor Parcel Number 04824032

Community Details

Overview

  • No Home Owners Association
  • Balboa Peninsula Point Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,554

Year Built

Built in 2013 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04824032
  • Year Built: 2013
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3729.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, High Ceilings, Open Floorplan, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Master Bedroom, Gas
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1367.66
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Suite, Walk-In Closet

Exterior Features

  • Patio: Yes
  • View: Bay, City Lights, Peek-A-Boo
  • Patio And Porch Features: Patio, Front Porch
  • Pool Features: Private, Heated, In Ground, Waterfall
  • Pool Private: Yes
  • Roof: Metal
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Zoned
  • Laundry Features: Dryer Included, Individual Room, Inside, 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, Park, Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Landscaped, Park Nearby
  • Lot Size Sq Ft: 4800.00
  • Lot Size Acres: 0.1102

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4800.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 628.00
  • Tax Lot: 23
  • Tax Tract Number: 756

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2020
Sold by
Malley Nyna Karen
Bought by
Pittman Katharine and The Eagle Initiative Trust
Current Estimated Value
$7,937,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,570,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 14, 2019
Closed on
Jan 22, 2020
Sold by
Malley Robert
Bought by
Malley Nyna Karen
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Andrew Cotton
Compass
List Price
$4,495,000
Sold Price
$4,350,000
Premium/Discount to List
-$145,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.23%

Purchase Details

Listed on
May 14, 2019
Closed on
Jan 21, 2020
Sold by
Rreg Investments Series Llc Series 1034
Bought by
Malley Nyna Karen
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Andrew Cotton
Compass
List Price
$4,495,000
Sold Price
$4,350,000
Premium/Discount to List
-$145,000
-3.23%

Purchase Details

Closed on
May 31, 2018
Sold by
Capin Wendy
Bought by
Rreg Investments Series Llc Series 1034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,201,100
Interest Rate
4.6%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 15, 2017
Sold by
Capin Wendy
Bought by
Capin Wendy and Capin Living Trust

Purchase Details

Closed on
Sep 16, 2016
Sold by
Capin Wendy
Bought by
Capin Wendy

Purchase Details

Closed on
Apr 23, 2010
Sold by
Capin Dianne R
Bought by
Capin Dianne R and Dianne R Capin Trust

Purchase Details

Closed on
Nov 8, 1995
Sold by
Capin Dianne R
Bought by
Capin Dianne R
Source: Public Records

Range of Values:

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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
Pittman Katharine $5,100,000 Chicago Title
Malley Nyna Karen -- Fntg Builder Services
Malley Nyna Karen $4,350,000 Fntg Builder Services
Rreg Investments Series Llc Series 1034 $3,225,000 Chicago Title Co
Capin Wendy -- None Available
Capin Wendy -- None Available
Capin Dianne R -- None Available
Capin Dianne R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pittman Katharine $3,570,000
Previous Owner Rreg Investments Series Llc Series 1034 $3,201,100
Previous Owner Capin Wendy $173,000
Previous Owner Capin Wendy $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2021 02/05/21 Sold $5,100,000 -3.8% $1,368 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
09/28/2020 09/28/20 For Sale $5,300,000 0.0% $1,421 / Sq Ft
04/27/2020 04/27/20 Rented $17,000 -43.3% --
03/03/2020 03/03/20 For Rent $30,000 0.0% --
01/24/2020 01/24/20 Sold $4,350,000 -3.2% $1,167 / Sq Ft
01/07/2020 01/07/20 Pending -- -- --
05/14/2019 05/14/19 For Sale $4,495,000 +39.4% $1,205 / Sq Ft
07/31/2018 07/31/18 Sold $3,225,000 -17.2% $865 / Sq Ft
06/01/2018 06/01/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $3,895,000 -- $1,045 / 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 $55,554 $5,630,617 $4,660,141 $970,476
2024 $55,554 $5,412,160 $4,568,766 $843,394
2023 $54,315 $5,306,040 $4,479,183 $826,857
2022 $53,504 $5,202,000 $4,391,355 $810,645
2021 $46,606 $4,395,066 $3,603,853 $791,213
2020 $34,994 $3,289,500 $2,521,112 $768,388
2019 $34,265 $3,225,000 $2,471,678 $753,322
2018 $3,364 $293,212 $107,808 $185,404
2017 $3,304 $287,463 $105,694 $181,769
2016 $3,305 $281,827 $103,622 $178,205
2015 $3,272 $277,594 $102,065 $175,529
2014 $3,131 $265,984 $100,066 $165,918
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20202801

California Regional Multiple Listing Service (CRMLS)

APN: 048-240-32