NOT LISTED FOR SALE

Estimated Value: $4,679,000 - $5,258,000

4 Beds
4.5 Baths
2,710 Sq Ft
$1,817/Sq Ft Est. Value

Last Sold February 03, 2022

Last sale price $3,750,000 $1,384 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $29,499/month

9 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Fishing
  • Newport Elementary School Rated A
  • Golf Course Community
  • 2-minute walk to 38th Street Park

About This Home

As of February 2022

Enjoy the fabulous lifestyle of Newport Beach that only the Peninsula can provide. Built in 2015, this unique property is conveniently situated two blocks from the sand, a half block to the local canals for your SUP or Duffy and within a short stroll to the some of the best restaurants in Orange County. Unique by its very design, the home beautifully blends glass, soft wood and metal to create a remarkable ambiance. The residence offers views of the surrounding canals, ocean and Catalina Island from the front patio, the owner’s suite balcony and the rooftop entertainment area while capturing the very essence of the Newport Beach Lifestyle from over 1,000 feet of balconies and viewing points.
The interior design offers four ensuite bedrooms with a bath, including the owner’s suite which features a walk in closet, oversized shower, separate tub, custom cabinetry and an inviting private balcony. Once inside, the great room and kitchen join together to make an epicurean dream for entertaining and gatherings, whether it be for a summer BBQ, listening to the waves or a winter boardwalk outing to enjoy the solitude that only Newport can offer.
Additional features that enhance the residence include air conditioning, custom cabinets throughout with enormous storage, Thermador appliances, 7-inch baseboards, dramatically high ceilings, beautiful red oak flooring, a large capacity wine refrigerator and a completely finished two car garage equipped with bike storage, SUP storage and additional general storage. This property should not be missed.

Last Agent to Sell the Property

Michael Hickman

Seven Gables Real Estate License #00526723 Listed on: 01/13/2022

Seven Gables Real Estate

Last Buyer's Agent

JEFFREY HSIEH

CIRCA PROPERTIES, INC. License #01991821

CIRCA PROPERTIES, INC.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015

Lot Details

  • 2,714 Sq Ft Lot
  • Lot Dimensions are 28.57 x 95
  • Property fronts an alley
  • Block Wall Fence
  • Landscaped
  • Rectangular Lot
  • Level Lot

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Rear-Facing Garage
  • Garage Door Opener

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Canal

Home Design

  • Contemporary Architecture
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 2,710 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Dual Staircase
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Custom Window Coverings
  • Sliding Doors
  • Great Room with Fireplace
  • Storage
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Built-In Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Upgraded Bathroom
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Separate Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Ocean Side of Highway 1
  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting
  • Rooftop Access
  • Rain Gutters

Location

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

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Water Heater
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 6 / 139
  • Tax Tract Number 164
  • Assessor Parcel Number 42330702

Community Details

Overview

  • No Home Owners Association
  • Built by Custom
  • Balboa Peninsula Subdivision

Recreation

  • Golf Course Community
  • Fishing
  • Park
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2015

Lot Details

2,714 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Wine refrigerator
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42330702
  • Year Built: 2015
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2710.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Built-in Features, High Ceilings, Open Floorplan, Recessed Lighting, Stone Counters, Storage, Unfurnished
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Gas, Gas Starter, Great Room
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1383.76
  • Room Type: Great Room, Kitchen, Laundry, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Window Features: Custom Covering
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Exhaust Fan(s), Separate Tub And Shower, Stone Counters, Upgraded, Walk-In Shower
  • Room Kitchen Features: Stone Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Lighting, Rain Gutters
  • View: Canal, Catalina, Coastline, Ocean, Water
  • Fence: Yes
  • Fencing: Block
  • Builder Name: Custom
  • Patio And Porch Features: Concrete, Covered, Patio, Patio Open, Roof Top
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls, Glass, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Direct Garage Access, Garage, Garage Faces Rear, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Double Oven, Disposal, Microwave, Refrigerator, Vented Exhaust Fan, Water Heater, Water Line to Refrigerator
  • Electric: Standard
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Fishing, Golf, Gutters, Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Rectangular Lot, Level, Park Nearby
  • Lot Size: 28.57 x 95
  • Lot Size Sq Ft: 2714.00
  • Lot Size Acres: 0.0623

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2714.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Across the Road from Lake/Ocean, Beach Access, Ocean Access, Ocean Side Of Highway 1

Tax Info

  • Tax Block: 139
  • Tax Census Tract: 635.00
  • Tax Lot: 6
  • Tax Tract Number: 164

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2022
Sold by
Carlos Joseph Sanchez Separate Property
Bought by
Tan Randy L and Tan Judy P
Current Estimated Value
$4,924,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,850,000
Outstanding Balance
$2,705,311
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$2,219,546

Purchase Details

Closed on
Jun 1, 2022
Sold by
Joseph Sanchez Carlos
Bought by
Carlos Joseph Sanchez Separate Property Trust

Purchase Details

Listed on
Jan 13, 2022
Closed on
Jan 24, 2022
Sold by
Cloyd Living Trust
Bought by
Carla Sanchez Separate Property Trust
Seller's Agent
Michael Hickman
Seven Gables Real Estate
Buyer's Agent
JEFFREY HSIEH
CIRCA PROPERTIES, INC.
List Price
$3,799,000
Sold Price
$3,750,000
Premium/Discount to List
-$49,000
-1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%

Purchase Details

Closed on
Mar 31, 2016
Sold by
Cloyd Kevin M and Cloyd Shelley
Bought by
Cloyd Living Trust

Purchase Details

Closed on
Mar 8, 2016
Sold by
Cloyd Kevin M
Bought by
Cloyd Kevin M and Cloyd Shelley

Purchase Details

Listed on
Jul 9, 2015
Closed on
Jul 20, 2015
Sold by
Cloyd Shelley
Bought by
Cloyd Kevin M
Seller's Agent
Jami Sepulveda
Pacific Sotheby's Int'l Realty
Buyer's Agent
Bridgett Harris
Compass
List Price
$2,699,999
Sold Price
$2,540,000
Premium/Discount to List
-$159,999
-5.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$1,781,500
Interest Rate
3.04%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 9, 2015
Closed on
Jul 16, 2015
Sold by
Fm Marketing & Properties Llc
Bought by
Cloyd Kevin M
Seller's Agent
Jami Sepulveda
Pacific Sotheby's Int'l Realty
Buyer's Agent
Bridgett Harris
Compass
List Price
$2,699,999
Sold Price
$2,540,000
Premium/Discount to List
-$159,999
-5.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,781,500
Interest Rate
3.04%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 3, 2014
Closed on
May 5, 2014
Sold by
Open House Realty & Investments Inc
Bought by
Fm Marketing & Properties Llc
Seller's Agent
Taeko Saida
Prime Associates, Inc.
Buyer's Agent
Jami Sepulveda
Pacific Sotheby's Int'l Realty
List Price
$1,099,000
Sold Price
$1,012,500
Premium/Discount to List
-$86,500
-7.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
112.52%
Original Mortgage
$1,511,000
Interest Rate
4.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 28, 2013
Closed on
Mar 15, 2013
Sold by
Spradley Stephen Glenn
Bought by
Open House Realty & Invetments Inc
Seller's Agent
Joyce Purvis
Bullock Russell RE Services
Buyer's Agent
Shizuko Matsukura
Prime Associates, Inc.
List Price
$960,000
Sold Price
$800,000
Premium/Discount to List
-$160,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.63%

Purchase Details

Closed on
Aug 13, 2007
Sold by
Ando Naoko
Bought by
Spradley Stephen Glenn

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
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2007
Sold by
Taylor St James Skip and Taylor St James Lynda K
Bought by
Spradley Michael Louis and Spradley Stephen Glenn

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
6.74%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tan Randy L $3,850,000 Ticor Title
Carlos Joseph Sanchez Separate Property Trust -- Lawyers Title
Sanchez Carlos Joseph -- Lawyers Title
Sanchez Carlos Joseph -- Lawyers Title
Carla Sanchez Separate Property Trust $3,750,000 New Title Company Name
Cloyd Living Trust -- First American Title
Cloyd Kevin M -- Accommodation
Cloyd Kevin M -- Western Resources Title Co
Cloyd Kevin M $2,540,000 Western Resources Title
Fm Marketing & Properties Llc $1,012,500 Western Resources Title Co
Open House Realty & Invetments Inc $800,000 First American Title Company
Spradley Stpehen Glenn -- First American Title Company
Spradley Stephen Glenn -- Ticor Title Company
Spradley Michael Louis $620,000 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tan Randy L $2,850,000
Previous Owner Cloyd Kevin M $1,781,500
Previous Owner Fm Marketing & Properties Llc $1,511,000
Previous Owner Spradley Stephen Glenn $600,000
Previous Owner Spradley Michael Louis $455,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/03/2022 02/03/22 Sold $3,750,000 -1.3% $1,384 / Sq Ft
01/22/2022 01/22/22 Pending -- -- --
01/13/2022 01/13/22 For Sale $3,799,000 +49.6% $1,402 / Sq Ft
07/23/2015 07/23/15 Sold $2,540,000 -5.9% $937 / Sq Ft View Prior Sale
06/05/2015 06/05/15 Pending -- -- --
05/23/2015 05/23/15 For Sale $2,699,999 +166.7% $996 / Sq Ft
05/05/2014 05/05/14 Sold $1,012,500 -7.9% $1,918 / Sq Ft View Prior Sale
04/01/2014 04/01/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $1,099,000 +37.4% $2,081 / Sq Ft
04/08/2013 04/08/13 Sold $800,000 -9.1% $1,515 / Sq Ft View Prior Sale
03/02/2013 03/02/13 Price Changed $880,000 -8.3% $1,667 / Sq Ft
02/28/2013 02/28/13 For Sale $960,000 -- $1,818 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $43,114 $4,005,540 $3,387,103 $618,437
2024 $43,114 $3,927,000 $3,320,689 $606,311
2023 $42,156 $3,850,000 $3,255,577 $594,423
2022 $31,454 $2,833,417 $2,288,915 $544,502
2021 $30,887 $2,777,860 $2,244,034 $533,826
2020 $30,620 $2,749,377 $2,221,024 $528,353
2019 $30,027 $2,695,468 $2,177,474 $517,994
2018 $28,052 $2,642,616 $2,134,778 $507,838
2017 $27,554 $2,590,800 $2,092,919 $497,881
2016 $26,933 $2,540,000 $2,051,881 $488,119
2015 $14,513 $1,342,437 $1,009,727 $332,710
2014 $8,783 $803,632 $782,334 $21,298
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22007039

California Regional Multiple Listing Service (CRMLS)

APN: 423-307-02

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