NOT LISTED FOR SALE

Estimated Value: $2,865,000 - $5,650,000

3 Beds
5 Baths
2,908 Sq Ft
$1,491/Sq Ft Est. Value

Last Sold September 25, 2019

Last sale price $1,880,000 $646 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $24,812/month

121 Days on Market

Highlights

  • Fishing
  • City Lights View
  • Dual Staircase
  • Abraham Lincoln Elementary School Rated A
  • Updated Kitchen
  • 1-minute walk to Balboa Island Park

About This Home

As of September 2019

Great price reduction! Its summer time and that means beach time in Newport. Check out this Newport Beach peninsula 'best buy' with a fantastic price per square foot. Enjoy all the beach and harbor have to offer from this very well built, one-owner home. Brand new never used kitchen, wood and tile flooring, fresh interior paint, dual A/C, 3 fireplaces, upper level bonus room and a beautiful roof-top deck. The wide alley behind the home offers great access to a rare 3-car garage that is not tandem. Versatile floor plan can be set up for up-to 5 bedrooms. Full Viking appliance package and new washer/dryer in the garage. This location is right between the ocean and bay and very close to the Fun Zone and the car ferry.

Last Agent to Sell the Property

Troy Davis

The Agency Realty, Inc. License #00907901 Listed on: 04/10/2019

The Agency Realty, Inc.

Last Buyer's Agent

Troy Davis

The Agency Realty, Inc. License #00907901 Listed on: 04/10/2019

The Agency Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,603

Year Built

  • Built in 1993 | Remodeled

Lot Details

  • 2,450 Sq Ft Lot
  • Fenced
  • Stucco Fence
  • Level Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Two Garage Doors

Property Views

  • City Lights
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Mediterranean Architecture
  • Turnkey
  • Slab Foundation
  • Spanish Tile Roof

Interior Spaces

  • 2,908 Sq Ft Home
  • 3-Story Property
  • Dual Staircase
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Entryway
  • Family Room with Fireplace
  • Dining Room
  • Den with Fireplace
  • Game Room with Fireplace
  • Bonus Room

Kitchen

  • Updated Kitchen
  • Gas Cooktop
  • Dishwasher
  • Self-Closing Drawers
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer
  • Laundry Chute

Outdoor Features

  • Brick Porch or Patio
  • Rain Gutters

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 74
  • Tax Tract Number 511
  • Assessor Parcel Number 04810223

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing
  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,603

Year Built

Built in 1993 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Contemporary, Mediterranean
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04810223
  • Year Built: 1993
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2908.00 Square Feet
  • Interior Amenities: 2 Staircases, Cathedral Ceiling(s), Ceiling Fan(s)
  • Stories: 3
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Den, Family Room, Game Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 646.49
  • Room Type: Bonus Room, Entry, Family Room, Game Room, Kitchen
  • Window Features: Blinds, Double Pane Windows
  • Bathroom Features: Shower, Shower In Tub
  • Room Kitchen Features: Remodeled Kitchen, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: City Lights, Hills, Mountain(s), Neighborhood
  • Fence: Yes
  • Fencing: Stucco Wall
  • Patio And Porch Features: Brick, Patio Open
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Refrigerator, Vented Exhaust Fan
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Garage, Laundry Chute, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Fishing, Watersports, Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Sprinkler System
  • Lot Size Sq Ft: 2450.00
  • Lot Size Acres: 0.0562
  • Latitude Manual: 33.60426600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2450.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 628.00
  • Tax Lot: 74
  • Tax Tract Number: 511

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2019
Closed on
Aug 19, 2019
Sold by
Barbour Victoria
Bought by
Lee Steven L and Lee Laura M
Seller's Agent
Troy Davis
The Agency Realty, Inc.
Buyer's Agent
Troy Davis
The Agency Realty, Inc.
List Price
$2,450,000
Sold Price
$1,880,000
Premium/Discount to List
-$570,000
-23.27%
Total Days on Market
121
Current Estimated Value
$4,336,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,456,026
Avg. Annual Appreciation
15.75%
Original Mortgage
$1,316,000
Outstanding Balance
$1,170,178
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$3,145,554

Purchase Details

Closed on
Dec 19, 2017
Sold by
Bank Of America Na
Bought by
Barbour Victoria and The Los Feliz 2017 Trust

Purchase Details

Closed on
Nov 8, 1990
Sold by
Barbour Benjamin H
Bought by
Barbour Benjamin H
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
Lee Steven L $1,880,000 Ticor Title Company
Barbour Victoria -- First American Title Co Los
Barbour Benjamin H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Steven L $1,316,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2019 09/25/19 Sold $1,880,000 -1.0% $646 / Sq Ft
08/09/2019 08/09/19 Pending -- -- --
07/29/2019 07/29/19 Price Changed $1,899,000 -15.6% $653 / Sq Ft
06/19/2019 06/19/19 Price Changed $2,250,000 -8.2% $774 / Sq Ft
04/10/2019 04/10/19 For Sale $2,450,000 -- $843 / 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 $21,603 $2,015,738 $1,444,354 $571,384
2023 $21,097 $1,976,214 $1,416,033 $560,181
2022 $20,746 $1,937,465 $1,388,267 $549,198
2021 $20,349 $1,899,476 $1,361,046 $538,430
2020 $20,154 $1,880,000 $1,347,090 $532,910
2019 $6,458 $579,985 $59,774 $520,211
2018 $6,331 $568,613 $58,602 $510,011
2017 $6,220 $557,464 $57,453 $500,011
2016 $6,083 $2,188,084 $1,678,017 $510,067
2015 $6,024 $538,325 $55,481 $482,844
2014 $5,883 $527,780 $54,394 $473,386
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19081105

California Regional Multiple Listing Service (CRMLS)

APN: 048-102-23