NOT LISTED FOR SALE

Estimated Value: $2,246,000 - $4,363,000

5 Beds
3 Baths
2,500 Sq Ft
$1,251/Sq Ft Est. Value

Last Sold November 19, 2014

Last sale price $3,712,500 $1,485 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $19,347/month

9 Days on Market

Highlights

  • Ocean View
  • Rooftop Deck
  • Contemporary Architecture
  • Newport Elementary School Rated A
  • Primary Bedroom Suite
  • No HOA

About This Home

As of November 2014

Once in a lifetime opportunity to purchase 2 oceanfront condominiums that have been expertly designed by Sheila Milano of Milano interiors. Each condominium home is single story with 3 bedrooms, 2 bathrooms up top and 2 bedrooms , 1 bath below. Each is in pristine condition offering high end designer finishes such as limestone flooring, top of the line appliances, custom cabinetry and lighting, lavishly crafted bathrooms and much more. Each home has wonderful views of the surf and sand. They are walking distance to shops, restaurants, nightlife and entertainment. There is a rooftop deck for entertaining and ample off street parking. Live in one, rent the other one or have a separate guest home for friends and family.

Last Agent to Sell the Property

Ralph Furra

Ralph Furra, Associates License #00795058 Listed on: 11/13/2014

Last Buyer's Agent

Ralph Furra

Ralph Furra, Associates License #00795058 Listed on: 11/13/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,929

Year Built

  • Built in 1995 | Remodeled

Lot Details

  • 2,400 Sq Ft Lot
  • Property fronts an alley
  • South Facing Home
  • Block Wall Fence

Parking

  • 2 Car Attached Garage
  • 1 Attached Carport Space
  • Parking Available

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Copper Plumbing
  • Plaster

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Sliding Doors
  • Living Room with Fireplace
  • Stone Flooring
  • Ocean Views
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite

Outdoor Features

  • Rooftop Deck
  • Patio
  • Rain Gutters

Additional Homes

  • Two Homes on a Lot

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 3 / 1
  • Tax Tract Number 285
  • Assessor Parcel Number 93294107

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,929

Year Built

Built in 1995 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 949 673-6811
  • Property Attached: No
  • Road Frontage Type: Alley
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 93294107
  • Year Built: 1995
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2500.00
  • Interior Amenities: Copper Plumbing Full
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: Sliding Doors
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 1485.00
  • Room Type: Master Suite
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Slab
  • Other Structures: Two On A Lot
  • Exterior Features: Rain Gutters
  • View: Ocean
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Roof Top
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Plaster

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available, Underground Utilities
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • 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

  • Lot Size Sq Ft: 2400.00
  • Lot Size Acres: 0.0550

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2400.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 1
  • Tax Lot: 3
  • Tax Tract Number: 285-07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2021
Sold by
Nakleh Michael
Bought by
Jameson Newport Llc
Current Estimated Value
$3,128,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,499,999
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2015
Sold by
Nickum David F and Nickum Lisa A
Bought by
Crimsonco Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
3.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 13, 2014
Closed on
Oct 6, 2014
Sold by
Milano Sheila I
Bought by
Nickum David F and Nickum Lisa A
Seller's Agent
Ralph Furra
Ralph Furra, Associates
Buyer's Agent
Ralph Furra
Ralph Furra, Associates
List Price
$3,995,000
Sold Price
$3,712,500
Premium/Discount to List
-$282,500
-7.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.69%
Original Mortgage
$1,500,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2003
Sold by
Sarvak Brad
Bought by
Milano Sheila I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2003
Sold by
Buckelew Larry C and Buckelew Elizabeth H
Bought by
Sarvak Brad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2002
Sold by
Mcgwire Mark D
Bought by
Buckelew Larry and Buckelew Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jameson Newport Llc -- Fidelity National Title
Crimsonco Llc -- North American Title
Nickum David F $2,212,500 First American Title Company
Milano Sheila I $1,600,000 Equity Title Company
Sarvak Brad $1,100,000 Equity Title Company
Buckelew Larry $1,825,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nakleh Michael $1,499,999
Previous Owner Crimsonco Llc $2,500,000
Previous Owner Nickum David F $1,500,000
Previous Owner Milano Sheila I $100,000
Previous Owner Milano Sheila I $1,000,000
Previous Owner Sarvak Brad $650,000
Previous Owner Buckelew Larry $950,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2014 11/19/14 Sold $3,712,500 -7.1% $1,485 / Sq Ft
11/13/2014 11/13/14 Price Changed $3,995,000 0.0% $1,598 / Sq Ft
09/06/2014 09/06/14 Pending -- -- --
08/28/2014 08/28/14 For Sale $3,995,000 -- $1,598 / 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 $33,929 $3,230,422 $3,006,335 $224,087
2024 $33,929 $3,167,081 $2,947,387 $219,694
2023 $33,272 $3,104,982 $2,889,595 $215,387
2022 $32,693 $3,044,100 $2,832,936 $211,164
2021 $26,255 $2,419,690 $2,199,914 $219,776
2020 $26,005 $2,394,880 $2,177,357 $217,523
2019 $25,480 $2,347,922 $2,134,664 $213,258
2018 $25,007 $2,301,885 $2,092,808 $209,077
2017 $24,571 $2,256,750 $2,051,772 $204,978
2016 $24,036 $2,212,500 $2,011,541 $200,959
2015 $24,254 $2,212,500 $2,011,541 $200,959
2014 $20,394 $1,855,729 $1,659,107 $196,622
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP14186288

California Regional Multiple Listing Service (CRMLS)

APN: 932-941-07