NOT LISTED FOR SALE

Estimated Value: $2,656,609 - $2,764,000

3 Beds
2 Baths
1,600 Sq Ft
$1,690/Sq Ft Est. Value

Last Sold January 17, 2020

Last sale price $1,700,000 $1,062 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $16,369/month

184 Days on Market

Highlights

  • Property has ocean access
  • Bay View
  • Cape Cod Architecture
  • Newport Elementary School Rated A
  • Open Floorplan
  • Property is near public transit

About This Home

As of January 2020

Best Buy On The Peninsula! Vintage beach cottage charm abounds in this adorable Balboa Peninsula bungalow located just steps from both the bay and the beach. Extensively remodeled in 2016 the cheerful two bedroom, one bath single level front home features a welcoming open floor plan highlighted by custom millwork, a professional-grade kitchen with antique wood center island, a cozy brick fireplace, and direct views to the bay front. There is a delightful one bedroom, one bath apartment with its own separate entry that is situated over the two car attached garage. This tidy space enjoys water views and abundant sunlight and serves as a perfect private space for visiting guests or as an income generating rental unit. A sunny front patio lends itself to barbeques and neighborhood fun. With an R-2 zoning designation this charming property affords tremendous flexibility of space, and may qualify for a short-term vacation rental permit. It can also easily be expanded upon creating a two-story water view single family home. A fantastic opportunity that is an easy walk or short bike ride to restaurants, shops and all that the Peninsula has to offer. The ideal vacation get-away home.

Last Agent to Sell the Property

Tara Shapiro

Coldwell Banker Realty License #01892201 Listed on: 06/14/2019

Coldwell Banker Realty

Last Buyer's Agent

TAMARA DIGIAMARINO

KALEO REAL ESTATE COMPANY License #01188276

KALEO REAL ESTATE COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,647

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 2,400 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Single Garage Door

Property Views

  • Bay
  • City Lights
  • Neighborhood

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Chair Railings
  • Ceiling Fan
  • Great Room
  • Living Room with Fireplace
  • Wood Flooring
  • Home Security System

Kitchen

  • Built-In Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Patio
  • Exterior Lighting
  • Front Porch

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 17 / 4
  • Tax Tract Number 510
  • Assessor Parcel Number 04809104

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,647

Year Built

Built in 1925 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved
  • Security: Security System
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04809104
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1600.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Chair Railings, Open Floorplan
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One, Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1062.50
  • Room Type: Great Room, Kitchen

Exterior Features

  • Patio: Yes
  • View: Bay, City Lights, Neighborhood, Water
  • Patio And Porch Features: Brick, Front Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Freezer, Disposal, Microwave, Refrigerator, Water Heater
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Level, Near Public Transit
  • Lot Size Sq Ft: 2400.00
  • Lot Size Acres: 0.0551

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2400.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Ocean Access

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 628.00
  • Tax Lot: 17
  • Tax Tract Number: 510

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2019
Closed on
Dec 24, 2019
Sold by
Luna Robert and Luna Mia
Bought by
Huntley Chad and Butler Huntley Carlee P
Seller's Agent
Tara Shapiro
Coldwell Banker Realty
Buyer's Agent
TAMARA DIGIAMARINO
KALEO REAL ESTATE COMPANY
List Price
$2,199,000
Sold Price
$1,700,000
Premium/Discount to List
-$499,000
-22.69%
Current Estimated Value
$2,703,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,003,902
Avg. Annual Appreciation
12.62%
Original Mortgage
$750,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 28, 2014
Closed on
Jul 29, 2014
Sold by
Silverberg Warren
Bought by
Luna Robert and Luna Mia
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
List Price
$1,495,000
Sold Price
$1,360,000
Premium/Discount to List
-$135,000
-9.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.23%
Original Mortgage
$68,000
Interest Rate
4.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jul 16, 2012
Closed on
Oct 1, 2012
Sold by
Macklin James L
Bought by
Silverberg Warren
Seller's Agent
George Hanold
HANOLD PROPERTIES
Buyer's Agent
Regan Beegle
Times Real Estate CA
List Price
$700,000
Sold Price
$750,000
Premium/Discount to List
$50,000
7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.19%

Purchase Details

Closed on
Jul 28, 2004
Sold by
The Macklin Family Trust
Bought by
Macklin James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 19, 1997
Sold by
Macklin Emma V
Bought by
The Macklin Family Trust
Source: Public Records

Range of Values:

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Average Value
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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
Huntley Chad $1,700,000 First American Title Company
Luna Robert $1,360,000 Chicago Title
Silverberg Warren $750,000 Lawyers Title Company
Macklin James L -- First American Title Co
The Macklin Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huntley Chad $735,400
Closed Huntley Chad $750,000
Previous Owner Luna Robert $214,800
Previous Owner Luna Robert $1,200,000
Previous Owner Luna Robert $68,000
Previous Owner Luna Robert $1,020,000
Previous Owner Macklin James L $1,000,000
Previous Owner Macklin James L $35,000
Previous Owner Macklin James L $590,000
Previous Owner Macklin James L $470,000
Previous Owner Macklin James L $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2020 01/17/20 Sold $1,700,000 -10.4% $1,063 / Sq Ft
12/15/2019 12/15/19 Pending -- -- --
11/04/2019 11/04/19 Price Changed $1,898,000 -4.9% $1,186 / Sq Ft
08/29/2019 08/29/19 Price Changed $1,995,000 -4.8% $1,247 / Sq Ft
07/11/2019 07/11/19 Price Changed $2,095,000 -4.7% $1,309 / Sq Ft
06/14/2019 06/14/19 For Sale $2,199,000 +61.7% $1,374 / Sq Ft
08/28/2014 08/28/14 Sold $1,360,000 -2.5% $850 / Sq Ft
08/12/2014 08/12/14 Pending -- -- --
07/28/2014 07/28/14 Price Changed $1,395,000 -6.7% $872 / Sq Ft
07/28/2014 07/28/14 For Sale $1,495,000 0.0% $934 / Sq Ft
02/15/2013 02/15/13 Rented $1,400 -11.1% --
02/08/2013 02/08/13 Under Contract -- -- --
11/20/2012 11/20/12 For Rent $1,575 0.0% --
10/24/2012 10/24/12 Sold $750,000 +7.1% $469 / Sq Ft
07/18/2012 07/18/12 Pending -- -- --
07/16/2012 07/16/12 For Sale $700,000 -- $438 / 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 $19,647 $1,859,197 $1,803,179 $56,018
2024 $19,647 $1,822,743 $1,767,823 $54,920
2023 $19,183 $1,787,003 $1,733,159 $53,844
2022 $19,700 $1,751,964 $1,699,175 $52,789
2021 $19,577 $1,717,612 $1,665,858 $51,754
2020 $17,306 $1,494,556 $1,447,269 $47,287
2019 $17,008 $1,465,251 $1,418,891 $46,360
2018 $16,819 $1,436,521 $1,391,070 $45,451
2017 $16,535 $1,408,354 $1,363,794 $44,560
2016 $16,185 $1,380,740 $1,337,053 $43,687
2015 $16,073 $1,360,000 $1,316,969 $43,031
2014 $9,593 $753,405 $714,429 $38,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19140957

California Regional Multiple Listing Service (CRMLS)

APN: 048-091-04