NOT LISTED FOR SALE

Estimated Value: $3,687,129 - $4,052,000

3 Beds
3 Baths
2,059 Sq Ft
$1,865/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $2,300,000 $1,117 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $22,590/month

11 Days on Market

Highlights

  • Property has ocean access
  • Rooftop Deck
  • Wood Flooring
  • Newport Elementary School Rated A
  • Across the Road from Lake or Ocean
  • 2-minute walk to West Jetty View Park

About This Home

As of June 2020

Live your best quarantine life tucked away in the prestigious Newport Beach Peninsula Point! Offering modern conveniences while retaining it's 1930's Spanish beach bungalow flair, this 3-bedroom home sits across the street from the beach in one of the quietest locations on the Balboa Peninsula near The Wedge. Grill with friends and neighbors on the front brick patio opening directly into the kitchen and dining areas. Enter through the formal double door side entry that leads to a spacious living room featuring a built-in entertainment area, a cozy wood burning fireplace and a speakeasy worthy wet bar. Adjacent to the living area is a remodeled 3/4-bathroom, exterior access to a side yard and the two-car garage. To the left of the main entry is a generous dining room opening to an updated kitchen including two sink areas, a Viking gas range with large center griddle, and stainless-steel dishwasher & refrigerator. Between the kitchen and dining area is a quaint walk in pantry, ample storage cabinets, a door to the side yard and an additional 3/4 bathroom. All three bedrooms are located on the second level with a large updated hall bathroom. The master bedroom has a covered walk out deck and additional seating area perfect for an office space with a view! The secondary bedrooms include high beamed ceilings and ceiling fans. Attached to the rear bedroom is a large laundry room and a door to the outdoor living room situated on top of the garage. Enjoy beach living at its finest!

Last Agent to Sell the Property

Carolynn Santaniello

Seven Gables Real Estate License #01826185 Listed on: 05/12/2020

Seven Gables Real Estate

Last Buyer's Agent

Alison Lane

Seven Gables Real Estate License #01296867

Seven Gables Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,490

Year Built

  • Built in 1932

Lot Details

  • 2,655 Sq Ft Lot
  • Landscaped

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Spanish Architecture
  • Flat Roof Shape
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2,059 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Built-In Features
  • Bar
  • Crown Molding
  • Ceiling Fan
  • Wood Burning Fireplace
  • Awning
  • Family Room with Fireplace
  • Dining Room
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Ceramic Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms
  • Tile Bathroom Countertop
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Property has ocean access
  • Balcony
  • Rooftop Deck
  • Patio
  • Exterior Lighting
  • Front Porch

Location

  • Across the Road from Lake or Ocean
  • Property is near a park

Utilities

  • Forced Air Heating System
  • Tankless Water Heater

Listing and Financial Details

  • Legal Lot and Block 7 / F
  • Tax Tract Number 518
  • Assessor Parcel Number 04828124

Community Details

Overview

  • No Home Owners Association

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,490

Year Built

Built in 1932

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04828124
  • Year Built: 1932
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2059.00 Square Feet
  • Interior Amenities: Balcony, Bar, Built-in Features, Ceiling Fan(s), Ceramic Counters, Crown Molding, Pantry, Wet Bar
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 2
  • Price Per Square Foot: 1117.05
  • Room Type: All Bedrooms Up, Laundry
  • Bathroom Features: Shower In Tub, Tile Counters, Walk-In Shower
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Exterior Features: Awning(s)
  • View: Neighborhood
  • Patio And Porch Features: Deck, Front Porch, Roof Top
  • Pool Private: No
  • Roof: Composition, Flat
  • Spa: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Range Hood, Refrigerator, Tankless Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Watersports, Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Park Nearby
  • Lot Size Sq Ft: 2655.00
  • Lot Size Acres: 0.0610

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2655.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Across the Road from Lake/Ocean, Ocean Access

Tax Info

  • Tax Block: F
  • Tax Census Tract: 628.00
  • Tax Lot: 7
  • Tax Tract Number: 518

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2020
Closed on
Jun 9, 2020
Sold by
Walters Robert and Ponder Tim B
Bought by
Rose Arthur Saunders and Rose Alice Kelly
Seller's Agent
Carolynn Santaniello
Seven Gables Real Estate
Buyer's Agent
Alison Lane
Seven Gables Real Estate
List Price
$2,350,000
Sold Price
$2,300,000
Premium/Discount to List
-$50,000
-2.13%
Total Days on Market
11
Current Estimated Value
$3,840,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,540,532
Avg. Annual Appreciation
10.70%

Purchase Details

Closed on
Mar 14, 2016
Sold by
Walters Robert and Ponder Tim B
Bought by
Walters Robert and Ponder Tim B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.62%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 14, 2012
Sold by
Andersen Trish Marie
Bought by
Ponder Tim B

Purchase Details

Closed on
Apr 22, 2010
Sold by
Walters & Ponder Llc
Bought by
Walters Robert and Ponder Tim B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$563,500
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2003
Sold by
Walters Robert and Ponder Tim B
Bought by
Walters & Ponder Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2003
Sold by
Walters & Ponder Llc
Bought by
Walters Robert and Ponder Tim B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2001
Sold by
Walters Julie Ann
Bought by
Walters Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$728,000
Interest Rate
7.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2001
Sold by
Mcharris Robert J
Bought by
Walters Robert and Ponder Tim B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$728,000
Interest Rate
7.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 1997
Sold by
Pullis Roger K and Pullis Parks K
Bought by
Mcharris Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 1997
Sold by
Mcharris Beverly
Bought by
Mcharris Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 1994
Sold by
Pullis Roger M and Parks Pullis Donna K
Bought by
Pullis Roger M and Parks Pullis Donna K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.58%
Mortgage Type
Purchase Money Mortgage
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
Rose Arthur Saunders $2,300,000 Chicago Title Company
Walters Robert -- Arista National Title Co
Ponder Tim B -- First American Title Company
Walters Robert -- Firts American Title Company
Walters Robert -- Accommodation
Walters Robert -- Lsi Title Company
Walters & Ponder Llc -- --
Walters Robert -- Stewart Title
Ponder Tim B -- Stewart Title Of Ca Inc
Walters Robert -- Stewart Title Of Ca Inc
Walters Robert -- Chicago Title Co
Ponder Tim B -- Chicago Title Co
Walters Robert $910,000 Chicago Title Co
Mcharris Robert J $530,000 Guardian Title Company
Mcharris Robert J -- Guardian Title Company
Pullis Roger M -- First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walters Robert $0
Previous Owner Walters Robert $625,500
Previous Owner Walters Robert $563,500
Previous Owner Walters Robert $760,000
Previous Owner Walters Robert $728,000
Previous Owner Mcharris Robert J $650,000
Previous Owner Mcharris Robert J $550,000
Previous Owner Mcharris Robert J $60,000
Previous Owner Mcharris Robert J $424,000
Previous Owner Pullis Roger M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2020 06/19/20 Sold $2,300,000 -2.1% $1,117 / Sq Ft
05/12/2020 05/12/20 For Sale $2,350,000 -- $1,141 / 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 $26,490 $2,466,064 $2,374,187 $91,877
2023 $25,868 $2,417,710 $2,327,634 $90,076
2022 $25,438 $2,370,304 $2,281,994 $88,310
2021 $24,951 $2,323,828 $2,237,249 $86,579
2020 $13,438 $1,229,229 $1,150,696 $78,533
2019 $13,166 $1,205,127 $1,128,133 $76,994
2018 $12,906 $1,181,498 $1,106,013 $75,485
2017 $12,679 $1,158,332 $1,084,327 $74,005
2016 $12,397 $1,135,620 $1,063,066 $72,554
2015 $12,279 $1,118,562 $1,047,097 $71,465
2014 $11,990 $1,096,651 $1,026,585 $70,066
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20088155

California Regional Multiple Listing Service (CRMLS)

APN: 048-281-24