$3,225,000
SOLD JUL 31, 2018
6 Beds
5 Baths
3,729 Sq Ft
4,800 Sq Ft Lot

Recently Sold

$865 Per Sq Ft

17% Below List Price

58 Days on Market

Highlights

  • Private Pool
  • Bay View
  • Main Floor Bedroom
  • Newport Elementary School Rated A
  • Fireplace in Primary Bedroom
  • No HOA

About This Home

As of February 2021

Taken down to the studs and custom built to perfection in 2013, this one of a kind modern beach house is just one house back from the bay and a short walk to the World famous Wedge. Sitting on a rare oversized lot (4,800 st. ft) and one of the only contemporary homes on Peninsula Point this 6 bedroom 5 bathroom house has unique beauty and well appointed features throughout. Upon entering the one of a kind residence, experience an open floor plan on the main level with fabulous venues for entertaining, including large sliders that open to the pool and private enclosed backyard, a gracious formal living room with fireplace, family room and chefs kitchen boasting the finest appliances, making this home perfect for year-round indoor/outdoor living and entertainment. The main level also features two guest bedrooms, two bathrooms and a laundry room. Notable features on the second floor include the spacious master suite and bathroom which offers privacy and a fireplace, stunning view windows, a walk in closet and private deck. At night relax to the sound of the ocean waves from all three upper level decks. Complete with a three car garage and total property parking for 6 cars and storage for beach toys and bikes.

Last Agent to Sell the Property

Kim Bibb

Pacific Sotheby's Int'l Realty License #01210754 Listed on: 04/04/2018

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Kim Bibb

Pacific Sotheby's Int'l Realty License #01210754 Listed on: 04/04/2018

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,554

Year Built

  • Built in 2013

Lot Details

  • 4,800 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Attached Garage
  • 3 Open Parking Spaces

Property Views

  • Bay
  • City Lights

Home Design

  • Metal Roof

Interior Spaces

  • 3,729 Sq Ft Home
  • 2-Story Property
  • Wired For Sound
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Self-Closing Drawers

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Chute

Pool

  • Private Pool

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 04824032

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,554

Year Built

Built in 2013

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • 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: Wired for Sound
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 6
  • Eating Area: Area, Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 864.84
  • Room Type: Entry, Family Room, Main Floor Bedroom, Master Bathroom, Walk-In Closet
  • Room Kitchen Features: Self-Closing Drawers

Exterior Features

  • View: Bay, City Lights
  • Pool Features: Private
  • Pool Private: Yes
  • Roof: Metal
  • Spa: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Double Oven, Gas Cooktop, Microwave, Refrigerator, Tankless Water Heater
  • Heating Type: Central, Zoned
  • Laundry Features: Common Area, Laundry Chute
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4800.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 628.00
  • Tax Lot: 1
  • Tax Tract Number: 1

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
$8,013,676

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
11.68%

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

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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 Type Sale Price Title Company
Grant Deed $5,100,000 Chicago Title
Interfamily Deed Transfer -- Fntg Builder Services
Grant Deed $4,350,000 Fntg Builder Services
Grant Deed $3,225,000 Chicago Title Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,570,000 New Conventional
Previous Owner $3,201,100 Construction
Previous Owner $173,000 New Conventional
Previous Owner $175,000 Unknown
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
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: NP18075026

California Regional Multiple Listing Service (CRMLS)

APN: 048-240-32