NOT LISTED FOR SALE

Estimated Value: $4,094,622 - $4,650,000

3 Beds
2.5 Baths
2,025 Sq Ft
$2,150/Sq Ft Est. Value

Last Sold August 31, 2015

Last sale price $1,950,000 $963 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $26,707/month

109 Days on Market

Highlights

  • Property has ocean access
  • Deck
  • No HOA
  • Newport Elementary School Rated A
  • Cathedral Ceiling
  • 3-minute walk to West Jetty View Park

About This Home

As of August 2015

Great opportunity to remodel a timeless classic or build your own custom dream home on the Balboa Peninsula Point. This two story home sits one block from the iconic Wedge and steps to the sand. Enjoy three bedrooms and a deck on the second floor, beautiful natural high beamed ceilings throughout, original wood burning fire place and french doors leading to a private down stairs back patio. A two car garage with tons of storage completes this classic beach home.

Last Agent to Sell the Property

Alison Ryffel

Arbor Real Estate License #01866927 Listed on: 04/30/2015

Last Buyer's Agent

Eric Kirkland

Coldwell Banker Realty License #01815062

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,243

Year Built

  • Built in 1956

Lot Details

  • 2,614 Sq Ft Lot
  • Property fronts an alley
  • Block Wall Fence
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage

Interior Spaces

  • 2,025 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Carpet

Kitchen

  • Convection Oven
  • Electric Range
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Balcony
  • Deck
  • Enclosed patio or porch
  • Exterior Lighting

Location

  • Suburban Location

Utilities

  • Central Heating
  • Underground Utilities

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 17 / D
  • Tax Tract Number 518
  • Assessor Parcel Number 04826213

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,243

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Alley
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04826213
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2025.00
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Tile Counters, Unfurnished
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Family Kitchen
  • Fireplace Features: Living Room, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 962.96
  • Room Type: All Bedrooms Up, Living Room

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Deck, Enclosed
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available, Underground Utilities
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Electric Range, Refrigerator
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 2614.00
  • Price Per Lot Square Foot: 745.98
  • Lot Size Acres: 0.0600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2614.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Ocean Access

Tax Info

  • Tax Block: D
  • Tax Lot: 17
  • Tax Tract Number: 518

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2023
Sold by
Thomas N Sprague N and Thomas Sybelle M
Bought by
Thomas N Sprague And Sybelle M Sprague Joint
Total Days on Market
109
Current Estimated Value
$4,353,156

Purchase Details

Listed on
Apr 30, 2015
Closed on
Aug 28, 2015
Sold by
Lietz Kristene A
Bought by
Sprague Thomas N and Sprague Joi Joi M
Seller's Agent
Alison Ryffel
Arbor Real Estate
Buyer's Agent
Eric Kirkland
Coldwell Banker Realty
List Price
$2,249,000
Sold Price
$1,950,000
Premium/Discount to List
-$299,000
-13.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.63%

Purchase Details

Closed on
Jun 10, 2005
Sold by
Wingerd Delbert J
Bought by
Wingerd Delbert J and Wingerd Trust

Purchase Details

Closed on
Oct 8, 1997
Sold by
Wingerd Delbert J and Wingerd Joann M
Bought by
Wingerd Delbert J and Wingerd Joann M
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 Buyer Sale Price Title Company
Thomas N Sprague And Sybelle M Sprague Joint -- --
Sprague Thomas N $1,950,000 Chicago Title Company
Wingerd Delbert J -- --
Wingerd Delbert J -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2015 08/31/15 Sold $1,950,000 -8.2% $963 / Sq Ft
08/17/2015 08/17/15 Pending -- -- --
07/20/2015 07/20/15 Price Changed $2,125,000 -3.4% $1,049 / Sq Ft
06/17/2015 06/17/15 Price Changed $2,200,000 -2.2% $1,086 / Sq Ft
04/30/2015 04/30/15 For Sale $2,249,000 -- $1,111 / 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 $27,243 $2,551,697 $2,137,063 $414,634
2023 $26,605 $2,501,664 $2,095,160 $406,504
2022 $26,164 $2,452,612 $2,054,078 $398,534
2021 $25,663 $2,404,522 $2,013,802 $390,720
2020 $25,417 $2,379,867 $1,993,153 $386,714
2019 $24,890 $2,333,203 $1,954,071 $379,132
2018 $24,393 $2,287,454 $1,915,755 $371,699
2017 $23,177 $2,168,073 $1,878,191 $289,882
2016 $20,814 $1,950,000 $1,841,364 $108,636
2015 $1,574 $123,757 $61,206 $62,551
2014 $1,537 $121,333 $60,007 $61,326
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15098264

California Regional Multiple Listing Service (CRMLS)

APN: 048-262-13