NOT LISTED FOR SALE

Estimated Value: $3,197,376 - $4,139,000

2 Beds
2 Baths
1,200 Sq Ft
$3,027/Sq Ft Est. Value

Last Sold January 29, 2018

Last sale price $2,265,000 $1,888 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $22,635/month

35 Days on Market

Highlights

  • Beach Access
  • Spa
  • Ocean Side of Highway 1
  • Newport Elementary School Rated A
  • Across the Road from Lake or Ocean
  • 3-minute walk to West Jetty View Park

About This Home

As of January 2018

Completely remodeled, modern-chic, seaside cottage located three houses to the neighborhood M Street Beach. The single story, two bedroom, two bath residence encompasses a newer air conditioning unit, original 1940’s resurfaced hardwood flooring and wrap-around windows throughout – allowing natural light and the crisp ocean breeze to flow universally. The opened living room supplies a fireplace with mantel to enjoy on cooler days. The kitchen is highlighted by Quartz countertops, glass backsplash, 6-burner Viking stove, high-end appliances, kitchen island and convenient access to the spacious back courtyard - ideal for outdoor dining and entertaining. The master bedroom is replete with an elegant spa-style bathroom with freestanding tub, crystal chandelier and frameless shower. Live the ultimate Peninsula Point Lifestyle with a private front patio and close proximity to legendary Wedge, Balboa Ferry, Private Bay Beach, tennis club, a small boat launch and various shops, dining and boating experiences.

Last Agent to Sell the Property

Casey Lesher

Christie's International R.E. Southern California License #01795953 Listed on: 10/25/2017

Christie's International R.E. Southern California

Co-Listed By

Julie Lewis-Grenz

Coldwell Banker Realty License #01933970

Last Buyer's Agent

Danny Murphy

First Team Real Estate License #01867197

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,979

Year Built

  • Built in 1941 | Remodeled

Lot Details

  • 2,625

Parking

  • 2 Car Garage
  • Oversized Parking
  • Parking Available

Home Design

  • Turnkey

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Wood Flooring
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Pots and Pans Drawers
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Quartz Bathroom Countertops
  • Bathtub
  • Spa Bath
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Spa
  • Beach Access
  • Ocean Side of Highway 1
  • Deck
  • Patio
  • Exterior Lighting
  • Front Porch

Location

  • Across the Road from Lake or Ocean
  • Property is near a park

Schools

  • Newport Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Additional Features

  • 2,625 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 518
  • Assessor Parcel Number 04826212

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,979

Year Built

Built in 1941 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Show Phone
  • Other Phone Number: 949-662-4262
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04826212
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1200.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Open Floorplan, Recessed Lighting, Stone Counters, Storage
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1887.50
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom
  • Spa Features: Bath
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Quartz Counters, Remodeled, Separate Tub And Shower, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Concrete, Deck, Patio, Front Porch, Rear Porch
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Oversized
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Disposal, Range Hood, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport
  • Middle School: Ensign
  • High School: Newport Harbor
  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 2625.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Across the Road from Lake/Ocean, Beach Access, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 628.00
  • Tax Lot: 19
  • Tax Tract Number: 518

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2017
Closed on
Dec 1, 2017
Sold by
Rothweiler Todd A and Rothweiler Judith A Hopson
Bought by
Johnson Paul T and Johnson Pamela L
Seller's Agent
Casey Lesher
Christie's International R.E. Southern California
Buyer's Agent
Danny Murphy
First Team Real Estate
List Price
$2,295,000
Sold Price
$2,265,000
Premium/Discount to List
-$30,000
-1.31%
Total Days on Market
35
Current Estimated Value
$3,631,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,366,844
Avg. Annual Appreciation
6.75%
Original Mortgage
$1,698,750
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 11, 2014
Closed on
Jul 2, 2014
Sold by
Butler Edward A and Butler Sandra W
Bought by
Rothweiler Todd A and Rothweiler Judith A Hopson
Seller's Agent
Carol Lee
Compass
Buyer's Agent
Julie Lewis-Grenz
Coldwell Banker Realty
List Price
$1,800,000
Sold Price
$1,750,000
Premium/Discount to List
-$50,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$1,000,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 11, 2014
Closed on
Jun 13, 2014
Sold by
Butler Sandra W
Bought by
Butler Sandra W
Seller's Agent
Carol Lee
Compass
Buyer's Agent
Julie Lewis-Grenz
Coldwell Banker Realty
List Price
$1,800,000
Sold Price
$1,750,000
Premium/Discount to List
-$50,000
-2.78%

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
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 11, 2014
Closed on
Jun 8, 2014
Sold by
Butler Sandra W
Bought by
Butler Edward A and Butler Sandra W
Seller's Agent
Carol Lee
Compass
Buyer's Agent
Julie Lewis-Grenz
Coldwell Banker Realty
List Price
$1,800,000
Sold Price
$1,750,000
Premium/Discount to List
-$50,000
-2.78%

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
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 11, 2014
Closed on
Jun 3, 2014
Sold by
Butler Edward A and Butler Sandra W
Bought by
Butler Edward A and Butler Sandra W
Seller's Agent
Carol Lee
Compass
Buyer's Agent
Julie Lewis-Grenz
Coldwell Banker Realty
List Price
$1,800,000
Sold Price
$1,750,000
Premium/Discount to List
-$50,000
-2.78%

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
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 3, 1998
Sold by
Blodgett Alma K
Bought by
Butler Sandra W and Butler Edward A

Purchase Details

Closed on
Dec 24, 1997
Sold by
Webster Alma K and Blodgett Alma K
Bought by
Butler Sandra W and Butler Edward A

Purchase Details

Closed on
Jul 19, 1997
Sold by
Webster Alma K and Blodgett Alma K
Bought by
Webster Alma K

Purchase Details

Closed on
May 15, 1997
Sold by
Kirk Harold B
Bought by
Webster Alma K and Blodgett Alma K
Source: Public Records

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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
Johnson Paul T $2,265,000 Orange Coast Title Co
Rothweiler Todd A $1,750,000 Ticor Title
Butler Sandra W -- None Available
Butler Edward A -- None Available
Butler Edward A -- None Available
Butler Sandra W -- --
Butler Sandra W -- --
Butler Edward A -- --
Webster Alma K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Paul T $1,624,600
Closed Johnson Paul T $1,628,000
Previous Owner Johnson Paul T $1,698,750
Previous Owner Rothweiler Todd A $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2018 01/29/18 Sold $2,265,000 -1.3% $1,888 / Sq Ft
11/29/2017 11/29/17 Pending -- -- --
10/25/2017 10/25/17 For Sale $2,295,000 0.0% $1,913 / Sq Ft
02/06/2015 02/06/15 Rented $3,600 0.0% --
02/06/2015 02/06/15 For Rent $3,600 0.0% --
07/22/2014 07/22/14 Sold $1,750,000 -2.8% $1,750 / Sq Ft
06/29/2014 06/29/14 Pending -- -- --
06/11/2014 06/11/14 For Sale $1,800,000 -- $1,800 / 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 $26,979 $2,526,649 $2,416,343 $110,306
2023 $26,348 $2,477,107 $2,368,963 $108,144
2022 $25,911 $2,428,537 $2,322,513 $106,024
2021 $25,415 $2,380,919 $2,276,973 $103,946
2020 $25,171 $2,356,506 $2,253,625 $102,881
2019 $24,649 $2,310,300 $2,209,436 $100,864
2018 $19,821 $1,852,342 $1,807,119 $45,223
2017 $19,471 $1,816,022 $1,771,685 $44,337
2016 $18,995 $1,776,687 $1,736,946 $39,741
2015 $18,816 $1,750,000 $1,710,855 $39,145
2014 $3,474 $274,320 $241,324 $32,996
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17244172

California Regional Multiple Listing Service (CRMLS)

APN: 048-262-12