NOT LISTED FOR SALE

Estimated Value: $5,655,000 - $8,475,000

3 Beds
2.5 Baths
2,927 Sq Ft
$2,347/Sq Ft Est. Value

Last Sold April 08, 2019

Last sale price $4,100,000 $1,401 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $39,883/month

Highlights

  • Beach Front
  • White Water Ocean Views
  • Loft
  • Newport Elementary School Rated A
  • Cape Cod Architecture
  • Furnished

About This Home

As of October 2021

FOR LEASE! One of the most the coveted Newport Beach waterfront property, fully furnished ready for move-in. It's a primal human urge to live by the water, where the endless vistas of clouds and sky enhances the rhythms of our daily life. This prime oceanfront tri-level home offers three bedrooms, plus a loft and a bonus with two modern updated and half bathrooms. A perfect vacation residence with an open floor plan, two car attached garage. First level highlights the family room that opens an accordion glass door onto the private patio and steps away from the ocean, also on this floor a wine cooler, utility room equipped with its washer & dryer. On the second level, the living room, kitchen and dining area has the most captivating ocean view. Enjoy your morning coffee at the sound of rhythmic ocean waves and the ocean breeze, lounge or eat meals on your private patio. This property is fully furnished, appliances include Sub Zero refrigerator, microwave, stove, dishwasher and another wine cooler. This home is fully equipped with an elevator, two-car garage attached. MUST SEE!

Last Agent to Rent the Property

May Arroyo

Premier Properties Realty Prof License #01083775 Listed on: 07/02/2021

Last Renter's Agent

Harmony Sparks

Balboa Realty License #02030168

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • 2,400 Sq Ft Lot
  • Beach Front
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • City Lights

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 2,927 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Loft
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Additional Features

  • Enclosed Patio or Porch
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Balboa Peninsula Subdivision

Listing and Financial Details

  • Security Deposit $58,800
  • 12-Month Minimum Lease Term
  • Available 7/2/21
  • Legal Lot and Block 6 / 1
  • Tax Tract Number 510
  • Assessor Parcel Number 04808110

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2021-07-02
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 58800
  • Furnished: Furnished
  • Pets Allowed: Yes
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 04808110
  • Year Built: 1994
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2927.00 Square Feet
  • Stories: 3
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen, In Living Room
  • Fireplace Features: Family Room, Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 5.12
  • Room Type: Family Room, Loft

Exterior Features

  • Patio: Yes
  • View: City Lights, Coastline, Ocean, Panoramic, White Water
  • Patio And Porch Features: Enclosed
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2400.00
  • Lot Size Acres: 0.0551

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 2400.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Front, Ocean Front

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 628.00
  • Tax Lot: 6
  • Tax Tract Number: 510

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2019
Closed on
Apr 1, 2019
Sold by
Ceavatta Andrew A and Ceavatta Suzanne M
Bought by
Jannice And Ronald Rigor Llc
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Outside Agent
Newport Beach Assoc of Realto
List Price
$5,999,000
Sold Price
$4,100,000
Premium/Discount to List
-$1,899,000
-31.66%
Current Estimated Value
$6,869,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,769,434
Avg. Annual Appreciation
7.98%

Purchase Details

Listed on
Oct 29, 2014
Closed on
Dec 4, 2014
Sold by
Coony Peter D
Bought by
Ceavatt Andrew A and Ceavatta Suzanne M
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
List Price
$4,495,000
Sold Price
$4,150,000
Premium/Discount to List
-$345,000
-7.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.29%

Purchase Details

Closed on
Jan 7, 2010
Sold by
Coony Peter D and Baldwin Bridget A
Bought by
Coony Peter D and Peter Coony Exempt Trust

Purchase Details

Closed on
Feb 13, 2001
Sold by
Coony Edmund P
Bought by
Coony Edmund P and The Coony Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jannice And Ronald Rigor Llc $4,100,000 None Available
Ceavatt Andrew A $4,150,000 Ticor Title
Coony Peter D -- None Available
Coony Edmund P -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2021 10/18/21 Rented $15,000 -23.5% --
10/05/2021 10/05/21 Under Contract -- -- --
08/04/2021 08/04/21 Price Changed $19,600 -2.0% $7 / Sq Ft
07/02/2021 07/02/21 For Rent $20,000 0.0% --
04/08/2019 04/08/19 Sold $4,100,000 -8.8% $1,335 / Sq Ft View Prior Sale
02/25/2019 02/25/19 Price Changed $4,495,000 -10.1% $1,463 / Sq Ft
02/11/2019 02/11/19 Price Changed $4,999,000 -10.7% $1,627 / Sq Ft
01/24/2019 01/24/19 Price Changed $5,595,000 -6.7% $1,821 / Sq Ft
01/07/2019 01/07/19 For Sale $5,999,000 +44.6% $1,953 / Sq Ft
01/26/2015 01/26/15 Sold $4,150,000 -7.7% $1,351 / Sq Ft View Prior Sale
12/11/2014 12/11/14 Pending -- -- --
10/29/2014 10/29/14 For Sale $4,495,000 0.0% $1,463 / Sq Ft
05/06/2013 05/06/13 Rented $8,000 0.0% --
04/09/2013 04/09/13 Under Contract -- -- --
03/28/2013 03/28/13 For Rent $8,000 +6.7% --
03/28/2012 03/28/12 Rented $7,500 0.0% --
03/28/2012 03/28/12 Under Contract -- -- --
02/17/2012 02/17/12 For Rent $7,500 -- --
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 $47,991 $4,573,625 $3,728,353 $845,272
2024 $47,991 $4,483,947 $3,655,248 $828,699
2023 $47,158 $4,396,027 $3,583,577 $812,450
2022 $46,300 $4,309,831 $3,513,311 $796,520
2021 $45,647 $4,225,325 $3,444,423 $780,902
2020 $45,214 $4,182,000 $3,409,105 $772,895
2019 $27,901 $2,547,248 $1,653,462 $893,786
2018 $27,436 $2,497,302 $1,621,041 $876,261
2017 $26,962 $2,448,336 $1,589,256 $859,080
2016 $26,384 $2,400,330 $1,558,094 $842,236
2015 $9,233 $738,381 $104,028 $634,353
2014 $9,028 $723,918 $101,991 $621,927
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR21140213

California Regional Multiple Listing Service (CRMLS)

APN: 048-081-10