NOT LISTED FOR SALE

Estimated Value: $4,624,000 - $5,176,000

4 Beds
2.5 Baths
2,350 Sq Ft
$2,051/Sq Ft Est. Value

Last Sold June 15, 2017

Last sale price $2,712,500 $1,154 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $28,312/month

64 Days on Market

Highlights

  • Ocean View
  • Beach Access
  • Updated Kitchen
  • Newport Elementary School Rated A
  • Primary Bedroom Suite
  • 2-minute walk to West Jetty View Park

About This Home

As of June 2017

Located Between the "M" Street Beach and the world-famous Wedge you find this gorgeous beach cottage. Located on the most desired street, at the end of the coveted Balboa Peninsula Point, this 4 bedroom, 3 bath home includes a beautifully landscaped front yard, that leads to a private courtyard complete with an outdoor fireplace, perfect for entertaining after a long day at the beach! The interior of the home provides for a Cape-Cod beach feel throughout with its beautifully appointed wainscoting walls and wood paneled ceilings. The large roof-top deck includes city and ocean views. The oversized 2 1/2 car garage allows for additional storage. Whether being purchased as a full-time residence or as secondary California beach get-away this charming beach cottage represents the epitome of carefree living and entertaining. Truly coastal living at its finest.

Last Agent to Sell the Property

Gizelle Sieber

Compass License #01958505 Listed on: 03/01/2017

Compass

Last Buyer's Agent

Steve High

Pacific Sotheby's Int'l Realty License #00936421

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959 | Remodeled

Lot Details

  • 2,614 Sq Ft Lot
  • Wood Fence
  • Drip System Landscaping
  • Sprinklers on Timer
  • Private Yard
  • Lawn
  • Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Garage Door Opener

Property Views

  • Ocean
  • Peek-A-Boo

Home Design

  • Cottage
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,350 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Dual Staircase
  • Wired For Sound
  • Built-In Features
  • Crown Molding
  • Wainscoting
  • Recessed Lighting
  • Raised Hearth
  • Gas Fireplace
  • Double Pane Windows
  • Plantation Shutters
  • French Mullion Window
  • Wood Frame Window
  • Atrium Doors
  • Family Room
  • Dining Room
  • Loft
  • Storage
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Updated Kitchen
  • Double Self-Cleaning Convection Oven
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Tile Bathroom Countertop
  • Dual Sinks
  • Multiple Shower Heads
  • Walk-in Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer

Accessible Home Design

  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits
  • Low Pile Carpeting
  • Accessible Parking

Outdoor Features

  • Beach Access
  • Fireplace in Patio
  • Patio
  • Outdoor Fireplace
  • Exterior Lighting
  • Rooftop Access
  • Outdoor Grill
  • Rain Gutters

Schools

  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Central Heating
  • Underground Utilities
  • Source of electricity is unknown
  • Natural Gas Connected
  • Phone Available

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 36
  • Tax Tract Number 518
  • Assessor Parcel Number 04828204

Home Details

Home Type

Single Family

Year Built

Built in 1959 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Security: Fire and Smoke Detection System
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Zoning: R-1
  • Architectural Style: Cottage
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04828204
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2350.00 Square Feet
  • Interior Amenities: 2 Staircases, Built-in Features, Crown Molding, Granite Counters, Open Floorplan, Pantry, Recessed Lighting, Storage, Wainscoting, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: 2+ Access Exits, 32 Inch Or More Wide Doors, Low Pile Carpeting, Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Atrium Doors
  • Eating Area: Dining Room
  • Fireplace Features: Outside, Patio, Gas, Raised Hearth
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1154.26
  • Room Type: All Bedrooms Up, Attic, Family Room, Kitchen, Loft, Master Suite
  • Window Features: Double Pane Windows, French/Mullioned, Plantation Shutters, Wood Frames
  • Bathroom Features: Double Sinks In Bath(s), Dual Shower Heads (or Multiple), Linen Closet/Storage, Remodeled, Tile Counters, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen, Stone Counters

Exterior Features

  • Patio: Yes
  • Foundation: Concrete Perimeter, Slab
  • Exterior Features: Barbecue Private, Lighting
  • View: Ocean, Peek-A-Boo
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Roof Top
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Drywall Walls, Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Convection Oven, Dishwasher, Double Oven, Electric Oven, Freezer, Disposal, Gas Range, Gas Cooktop, Microwave, Refrigerator, Self Cleaning Oven
  • Electric: Electricity - Unknown
  • Heating Type: Central, Electric
  • Laundry Features: Common Area, Dryer Included, Gas Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Sidewalks

Schools

  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Lawn, Sprinkler System, Sprinklers Drip System, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 2614.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access

Tax Info

  • Tax Census Tract: 628.00
  • Tax Lot: 36
  • Tax Tract Number: 518

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2017
Closed on
Jun 8, 2017
Sold by
Russell Mark W and Russell Joanne
Bought by
Foy Brett M and Foy Family Trust
Seller's Agent
Gizelle Sieber
Compass
Buyer's Agent
Steve High
Pacific Sotheby's Int'l Realty
List Price
$2,800,000
Sold Price
$2,712,500
Premium/Discount to List
-$87,500
-3.12%
Current Estimated Value
$4,818,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,106,241
Avg. Annual Appreciation
6.89%
Original Mortgage
$1,763,125
Outstanding Balance
$1,453,518
Interest Rate
3.7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,365,223

Purchase Details

Closed on
Jul 29, 2010
Sold by
Russell Mark W and Russell Joanne
Bought by
Russell Mark W and Russell Joanne

Purchase Details

Closed on
Apr 24, 2008
Sold by
Russell Robin
Bought by
Russell Mark W and Russell Joanne

Purchase Details

Closed on
Sep 20, 2005
Sold by
Roth Byron C
Bought by
Russell Mark W and Russell Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,380,600
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 6, 2004
Sold by
Roth Michelle E
Bought by
Roth Byron C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 2003
Sold by
Purel Susan Chaney
Bought by
Roth Byron C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2002
Sold by
Bennett Jason C and Bennett Kirsten P
Bought by
Purel Susan Chaney and Susan Chaney Purel Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$865,000
Interest Rate
5.5%

Purchase Details

Closed on
Jun 18, 2002
Sold by
Huang David Wei Ping and Huang Grace W H
Bought by
Bennett Jason C and Bennett Kirsten P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
8.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 2002
Sold by
Huang Grace W H
Bought by
Huang David Wei Ping and Huang Grace W H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.75%

Purchase Details

Closed on
Feb 7, 1996
Sold by
Huang Grace W H
Bought by
Huang Grace W H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
7.18%

Purchase Details

Closed on
Dec 18, 1995
Sold by
Huang Grace W H and Huang David Wei Ping
Bought by
Huang David Wei Ping and Huang Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
7.18%

Purchase Details

Closed on
Jan 6, 1995
Sold by
Huang Grace W H
Bought by
Huang Grace W H and Grace W H Huang Revocable Living Trust

Purchase Details

Closed on
Mar 9, 1993
Sold by
Huang Grace
Bought by
Huang David Wei Ping and Huang Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Foy Brett M $2,712,500 North American Title Company
Russell Mark W -- California Counties Title Co
Russell Mark W -- None Available
Russell Mark W $2,124,000 Equity Title Company
Roth Byron C -- Equity Title Company
Roth Byron C $1,480,000 Equity Title Company
Purel Susan Chaney $1,265,000 Stewart Title
Bennett Jason C $1,075,000 First American Title Co
Huang David Wei Ping -- Fidelity National Title Ins
Huang Grace W H -- --
Huang Grace W H -- --
Huang David Wei Ping -- First Southwestern Title Co
Huang Grace W H -- --
Huang Grace W H -- --
Huang David Wei Ping -- Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foy Brett M $1,763,125
Previous Owner Russell Mark W $1,380,600
Previous Owner Roth Byron C $1,000,000
Previous Owner Purel Susan Chaney $865,000
Previous Owner Bennett Jason C $750,000
Previous Owner Huang David Wei Ping $650,000
Previous Owner Huang David Wei Ping $157,000
Previous Owner Huang David Wei Ping $160,000
Closed Roth Byron C $184,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2017 06/15/17 Sold $2,712,500 -3.1% $1,154 / Sq Ft
05/04/2017 05/04/17 Pending -- -- --
04/12/2017 04/12/17 For Sale $2,800,000 +3.2% $1,191 / Sq Ft
03/04/2017 03/04/17 Off Market $2,712,500 -- --
03/01/2017 03/01/17 For Sale $2,800,000 -- $1,191 / 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 $32,868 $3,148,086 $2,991,078 $157,008
2024 $32,868 $3,086,359 $2,932,429 $153,930
2023 $32,100 $3,025,843 $2,874,931 $150,912
2022 $31,569 $2,966,513 $2,818,560 $147,953
2021 $30,964 $2,908,347 $2,763,295 $145,052
2020 $30,667 $2,878,526 $2,734,961 $143,565
2019 $30,029 $2,822,085 $2,681,335 $140,750
2018 $29,430 $2,766,750 $2,628,759 $137,991
2017 $23,281 $2,155,000 $1,997,502 $157,498
2016 $22,021 $2,035,000 $1,877,502 $157,498
2015 $22,161 $2,035,000 $1,877,502 $157,498
2014 $21,985 $2,035,000 $1,877,502 $157,498
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17044360

California Regional Multiple Listing Service (CRMLS)

APN: 048-282-04