NOT LISTED FOR SALE

Estimated Value: $6,039,605 - $8,191,000

4 Beds
4 Baths
2,742 Sq Ft
$2,623/Sq Ft Est. Value

Last Sold January 23, 2019

Last sale price $4,300,000 $1,568 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $42,142/month

27 Days on Market

Highlights

  • Ocean View
  • Fireplace in Primary Bedroom
  • No HOA
  • Newport Elementary School Rated A
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of January 2019

212 Oceanfront is the quintessential beach home, located on the sand on a serene stretch of the Balboa Peninsula. Charming architecture meets beautiful traditional interiors - against a stunning backdrop of ocean and beach views. Seaside elegance is found on two levels with tasteful finishes throughout. The home offers a total of four bedrooms and four baths. The main level provides a beautiful living room and fireplace, a dining area, kitchen, and large private patio adjacent to the boardwalk. This location is a short bike ride to the Ferry and Fun Zone, fabulous dining, The Wedge, and the Newport Channel. A 2-car garage completes this fabulous beach home.

Last Agent to Sell the Property

Kim Bibb

Pacific Sotheby's Int'l Realty License #01210754 Listed on: 10/18/2018

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Kim Bibb

Pacific Sotheby's Int'l Realty License #01210754 Listed on: 10/18/2018

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,875

Year Built

  • Built in 1924

Lot Details

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

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Catalina

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,742 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Breakfast Bar
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Bathtub

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 04808109

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,875

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Kim Bibb Cell
  • Other Phone Number: 714-396-0185
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04808109
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2742.00 Square Feet
  • Interior Amenities: Built-in Features
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 2
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1568.20
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Walk-In Closet
  • Bathroom Features: Bathtub

Exterior Features

  • View: Catalina, Ocean, Water
  • 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

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • 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

Tax Info

  • Tax Census Tract: 628.00
  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2020
Sold by
Galena Place Llc
Bought by
Encina Bluffs Llc
Current Estimated Value
$7,192,901

Purchase Details

Closed on
Nov 19, 2018
Sold by
Colwell Gerald T
Bought by
Galena Place Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,740,000
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 15, 2001
Sold by
Schwary Dennis Mitchell and Schwary Joanne
Bought by
Bogart Jana Lee and The Jana Lee Bogart Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,320,000
Interest Rate
6.91%
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
Encina Bluffs Llc -- None Available
Galena Place Llc $4,300,000 Orange Coast Title Company O
Bogart Jana Lee $2,275,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Galena Place Llc $2,740,000
Previous Owner Bogart Jana Lee $401,995
Previous Owner Bogart Jana Lee $2,320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2019 01/23/19 Sold $4,300,000 -13.9% $1,568 / Sq Ft
11/14/2018 11/14/18 Pending -- -- --
10/18/2018 10/18/18 For Sale $4,995,000 -- $1,822 / 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 $49,875 $4,796,729 $4,670,897 $125,832
2024 $49,875 $4,702,676 $4,579,311 $123,365
2023 $48,712 $4,610,467 $4,489,520 $120,947
2022 $47,909 $4,520,066 $4,401,490 $118,576
2021 $46,989 $4,431,438 $4,315,187 $116,251
2020 $46,538 $4,386,000 $4,270,941 $115,059
2019 $37,637 $3,863,671 $3,744,857 $118,814
2018 $31,395 $2,953,756 $2,856,388 $97,368
2017 $30,840 $2,895,840 $2,800,381 $95,459
2016 $30,145 $2,839,059 $2,745,471 $93,588
2015 $29,862 $2,796,414 $2,704,231 $92,183
2014 $29,158 $2,741,637 $2,651,259 $90,378
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18252717

California Regional Multiple Listing Service (CRMLS)

APN: 048-081-09