NOT LISTED FOR SALE

Estimated Value: $5,710,848 - $7,039,000

4 Beds
5 Baths
3,200 Sq Ft
$1,990/Sq Ft Est. Value

Last Sold July 21, 2014

Last sale price $3,450,000 $1,078 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $36,678/month

76 Days on Market

Highlights

  • Primary Bedroom Suite
  • Peek-A-Boo Views
  • Retreat
  • Newport Elementary School Rated A
  • Fireplace in Primary Bedroom
  • 2-minute walk to West Jetty View Park

About This Home

As of July 2014

Just steps to the world famous Wedge and the Bay this remarkable completely remodeled home sits on Balboa's quiet Peninsula Point. Beach chic, the spacious open floor plan features four-bedrooms which all include en suite bathrooms, a large bonus loft, and a quiet reading room/office on the third level. A gourmet kitchen complete with Viking appliance and large living room are perfect for entertaining. An ideal downstairs guest room with an en suit bathroom is perfect for guests. A large rooftop deck boasts beautiful Ocean views. Offering quality craftsmanship and attention to detail the floor plan allows for carefree beach close living. This residence benefits the amenities of new construction (see remarks) complete with a rare three car garage.

Last Agent to Sell the Property

Kim Bibb

Pacific Sotheby's Int'l Realty License #01210754 Listed on: 04/16/2014

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Kim Bibb

Pacific Sotheby's Int'l Realty License #01210754 Listed on: 04/16/2014

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • 2,614

Parking

  • 3 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,200 Sq Ft Home
  • Living Room with Fireplace
  • Loft
  • Bonus Room
  • Wood Flooring
  • Peek-A-Boo Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Additional Features

  • 2,614 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 04828125

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Maintained
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04828125
  • Year Built: 1997
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3200.00
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • One Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Three Or More
  • Price Per Square Foot: 1078.12
  • Room Type: Bonus Room, Loft, Master Bedroom, Master Suite, Walk-In Closet, Retreat

Exterior Features

  • View: Peek-A-Boo
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Inside, Individual Room
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 2614.00
  • Lot Size Acres: 0.0600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2614.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2017
Sold by
Holburn Nb Llc
Bought by
Holburn Nb Llc
Current Estimated Value
$6,367,949

Purchase Details

Listed on
Apr 16, 2014
Closed on
Jul 2, 2014
Sold by
Genova Capital Inc
Bought by
Holburn Nb Llc
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
List Price
$3,595,000
Sold Price
$3,450,000
Premium/Discount to List
-$145,000
-4.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%

Purchase Details

Listed on
Nov 12, 2013
Closed on
Nov 5, 2013
Sold by
Peck Curt A and Toohey Kathleen M
Bought by
Genova Capital Inc
Seller's Agent
Richard Mohr
RPM Real Estate Services
Buyer's Agent
Tom Benjamin
Pacific Sotheby's Int'l Realty
List Price
$2,699,000
Sold Price
$2,600,000
Premium/Discount to List
-$99,000
-3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.58%
Original Mortgage
$1,500,000
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2004
Sold by
Sutton J Russell and Sutton Ann L
Bought by
Peck Curt A and Toohey Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,365,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 1999
Sold by
William Bivens and William Victoria
Bought by
Sutton J Russell and Sutton Ann L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Interest Rate
6.5%

Purchase Details

Closed on
Mar 18, 1999
Sold by
Wmc Development Llc
Bought by
Brandon Dalbert L and Brandon Carol

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
6.87%

Purchase Details

Closed on
May 2, 1996
Sold by
Hartwig Bruce L and Hartwig Ann
Bought by
Bivens William W and Bivens Victoria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
6.5%

Purchase Details

Closed on
Apr 23, 1996
Sold by
Bivens William W and Bivens Victoria E
Bought by
Bivens William Wiley and Bivens Victoria Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
6.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Holburn Nb Llc -- None Available
Holburn Nb Llc $3,337,000 Ticor Title Company
Genova Capital Inc $2,600,000 Fidelity National Title Oran
Peck Curt A $2,100,000 Orange Coast Title
Sutton J Russell $1,250,000 Stewart Title Company
Brandon Dalbert L $2,800,000 North American Title Co
Bivens William W $415,000 Stewart Title
Bivens William Wiley -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Genova Capital Inc $1,500,000
Previous Owner Peck Curt A $1,365,000
Previous Owner Sutton J Russell $937,500
Previous Owner Brandon Dalbert L $1,000,000
Previous Owner Bivens William W $332,000
Closed Peck Curt A $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/21/2014 07/21/14 Sold $3,450,000 -4.0% $1,078 / Sq Ft
07/01/2014 07/01/14 Pending -- -- --
04/16/2014 04/16/14 For Sale $3,595,000 +38.3% $1,123 / Sq Ft
03/12/2014 03/12/14 Off Market $2,600,000 -- --
11/15/2013 11/15/13 Sold $2,600,000 -3.7% $833 / Sq Ft View Prior Sale
11/12/2013 11/12/13 For Sale $2,699,000 0.0% $865 / Sq Ft
11/04/2013 11/04/13 Pending -- -- --
10/12/2013 10/12/13 For Sale $2,699,000 -- $865 / 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 $40,954 $3,931,931 $3,469,057 $462,874
2024 $40,954 $3,854,835 $3,401,036 $453,799
2023 $39,998 $3,779,250 $3,334,349 $444,901
2022 $39,338 $3,705,148 $3,268,970 $436,178
2021 $38,583 $3,632,499 $3,204,873 $427,626
2020 $38,213 $3,595,253 $3,172,011 $423,242
2019 $37,417 $3,524,758 $3,109,814 $414,944
2018 $36,669 $3,455,646 $3,048,838 $406,808
2017 $36,733 $3,455,646 $3,048,838 $406,808
2016 $35,905 $3,387,889 $2,989,057 $398,832
2015 $35,569 $3,337,000 $2,944,158 $392,842
2014 $27,669 $2,600,000 $2,229,603 $370,397
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP14078521

California Regional Multiple Listing Service (CRMLS)

APN: 048-281-25