NOT LISTED FOR SALE

Estimated Value: $4,188,000 - $5,154,000

2 Beds
1 Bath
700 Sq Ft
$6,834/Sq Ft Est. Value

Highlights

  • Ocean View
  • Fishing
  • Furnished
  • Newport Elementary School Rated A
  • Fireplace in Guest House
  • No HOA

About This Home

As of January 2022

FOR LEASE: Located steps from the sands and the boardwalk, entrance at the Balboa Village side. This LUXURY COASTAL LIVING home encompasses attached a 2 Bedroom Guest Unit with 1 Full Bathroom. Other amenities include a Fully Furnished Home and Brand New Flooring.

Last Agent to Rent the Property

May Arroyo

Premier Properties Realty Prof License #01083775 Listed on: 08/04/2021

Last Renter's Agent

Matthew Drenner

Real Estate Establishment Inc. License #01945690

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,100

Year Built

  • Built in 2011

Lot Details

  • 2,340 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot
  • Front Yard Sprinklers
  • Garden
  • Value in Land

Property Views

  • Ocean
  • Coastline
  • Peek-A-Boo
  • Neighborhood

Home Design

  • Duplex

Interior Spaces

  • 700 Sq Ft Home
  • Furnished
  • Gas Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Newport Harbor High School

Additional Features

  • Exterior Lighting
  • Fireplace in Guest House
  • Suburban Location
  • Cooling Available

Listing and Financial Details

  • Security Deposit $11,400
  • 12-Month Minimum Lease Term
  • Available 8/4/21
  • Legal Lot and Block 18 / 1
  • Tax Tract Number 510
  • Assessor Parcel Number 04808122

Community Details

Overview

  • No Home Owners Association
  • Balboa Peninsula Subdivision
  • Property is near a preserve or public land

Recreation

  • Fishing
  • Park
  • Water Sports
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,100

Year Built

Built in 2011

Lot Details

0

Rental Info

  • Available Date: 2021-08-04
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 11400
  • Furnished: Furnished
  • Pets Allowed: Yes
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Duplex
  • Inclusions: Brand new stove, washer and dryer
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Lease
  • Parcel Number: 04808122
  • Year Built: 2011
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 700.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Guest House, Gas
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 5.14

Exterior Features

  • View: Coastline, Neighborhood, Ocean, Peek-A-Boo
  • Pool Private: No

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Fishing, Park, Watersports, Preserve/Public Land, Sidewalks, Storm Drains, Street Lights, Suburban

Schools

  • School District: Newport Mesa Unified
  • High School: Newport Harbor
  • High School: Newport Harbor
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Lot Features: Front Yard, Garden, Rectangular Lot, Sprinkler System, Sprinklers In Front, Sprinklers Timer, Value In Land
  • Lot Size Sq Ft: 2340.00
  • Lot Size Acres: 0.0537

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 2340.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 628.00
  • Tax Lot: 18
  • Tax Tract Number: 510

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2021
Sold by
Rigor Pucan Brisbain
Bought by
Hunter Holding Llc
Current Estimated Value
$4,784,123

Purchase Details

Closed on
Jan 15, 2021
Sold by
Benson House Inc
Bought by
Pucan Brisbain Rigor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,499,900
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2009
Sold by
Chu Franklin M and Chu Owena E
Bought by
Benson House Inc

Purchase Details

Closed on
Aug 10, 2005
Sold by
Arnold Daniel J and Arnold Joyce E
Bought by
Chu Franklin M and Chu Owen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 27, 2004
Sold by
Arnold Daniel and Arnold Joyce
Bought by
Arnold Daniel J and Arnold Joyce E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.99%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 4, 2004
Sold by
Hauser Alfonso and Hauser Joann
Bought by
Arnold Daniel and Arnold Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2003
Sold by
Hauser Alfonso and Hauser Joann
Bought by
Hauser Alfonso and Hauser Joann

Purchase Details

Closed on
Jan 29, 2002
Sold by
Hauser Alfonso and Hauser Jo Ann
Bought by
Hauser Alfonso and Hauser Jo Ann

Purchase Details

Closed on
May 31, 2001
Sold by
Miley John B and Miley Cynthia Harper
Bought by
Hauser Alfonso and Hauser Joann

Purchase Details

Closed on
May 3, 2000
Sold by
Miley John B and Miley Cynthia H
Bought by
Miley John B and Miley Cynthia Harper
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hunter Holding Llc -- None Listed On Document
Hunter Holding Llc -- None Listed On Document
Pucan Brisbain Rigor $2,750,000 Western Resources Title
Pucan Brisbain Rigor $2,750,000 Western Resources Title
Benson House Inc $1,695,000 Western Resources Title
Benson House Inc $1,695,000 Western Resources Title
Chu Franklin M $2,100,000 First Southwestern Title Co
Chu Franklin M $2,100,000 First Southwestern Title Co
Arnold Daniel J -- --
Arnold Daniel J -- --
Arnold Daniel $1,265,000 Equity Title Company
Arnold Daniel $1,265,000 Equity Title Company
Hauser Alfonso -- Fidelity National Title Co
Hauser Alfonso -- Fidelity National Title Co
Hauser Alfonso -- Fidelity National Title Co
Hauser Alfonso -- Fidelity National Title Co
Hauser Alfonso -- --
Hauser Alfonso -- --
Hauser Alfonso $940,000 Equity Title Company
Hauser Alfonso $940,000 Equity Title Company
Miley John B -- Fidelity National Title Ins
Miley John B -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pucan Brisbain Rigor $1,499,900
Previous Owner Chu Franklin M $600,000
Previous Owner Arnold Daniel J $200,000
Previous Owner Arnold Daniel $150,000
Previous Owner Arnold Daniel $705,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Rented $3,600 -5.3% --
10/11/2021 10/11/21 Price Changed $3,800 0.0% $5 / Sq Ft
10/11/2021 10/11/21 For Rent $3,800 +26.7% --
08/30/2021 08/30/21 Off Market $3,000 -- --
08/04/2021 08/04/21 For Rent $3,000 -- --
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 $31,100 $2,976,688 $2,368,117 $608,571
2024 $31,100 $2,918,322 $2,321,683 $596,639
2023 $30,373 $2,861,100 $2,276,159 $584,941
2022 $29,871 $2,805,000 $2,231,528 $573,472
2021 $21,631 $2,021,323 $1,620,474 $400,849
2020 $21,424 $2,000,597 $1,603,858 $396,739
2019 $20,980 $1,961,370 $1,572,410 $388,960
2018 $20,563 $1,922,912 $1,541,578 $381,334
2017 $20,199 $1,885,208 $1,511,351 $373,857
2016 $19,746 $1,848,244 $1,481,717 $366,527
2015 $19,560 $1,820,482 $1,459,460 $361,022
2014 -- $1,784,822 $1,430,871 $353,951
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR21171204

California Regional Multiple Listing Service (CRMLS)

APN: 048-081-22