$2,000,000
SOLD DEC 15, 2017
4 Beds
2.5 Baths
1,755 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$1,140 Per Sq Ft

8% Below List Price

11 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • No HOA
  • Newport Elementary School Rated A
  • Bonus Room
  • 2-minute walk to West Jetty View Park

About This Home

As of March 2020

Encompassing four bedrooms on two spacious levels, this Balboa Peninsula Point home evokes the charm of a quintessential 1920’s beach cottage. The main level features a spacious living room, dining area, a generous front patio and oversized private back courtyard. A first floor bonus room and powder make a ideal office or den. Spacious high-ceilinged rooms, hardwood floors throughout, stainless steel appliances and a spiral staircase leads to a large rooft top deck. This home is located the highly sought after Miramar Drive just steps to the popular M Street beach. Intended for casual chic everyday living the home has been remodeled and restored with original details intact throughout. 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: 12/01/2017

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Kim Bibb

Pacific Sotheby's Int'l Realty License #01210754 Listed on: 12/01/2017

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,680

Year Built

  • Built in 1928

Lot Details

  • 2,614 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Catalina
  • City Lights

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,755 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Den
  • Bonus Room
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Forced Air Heating System
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 04829234

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,680

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • 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: 04829234
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1755.00 Square Feet
  • Stories: 2
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Area
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1139.60
  • Room Type: Bonus Room, Den

Exterior Features

  • View: Catalina, City Lights, Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • 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: 2614.00

Multi Family

  • Lease Considered: No
  • 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

Listed on
Mar 18, 2019
Closed on
Feb 25, 2020
Sold by
Tanlie Llc
Bought by
Washle Ronald B and Washle Susan K
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
OUT OF AREA OUT
List Price
$2,650,000
Sold Price
$2,340,000
Premium/Discount to List
-$310,000
-11.7%
Current Estimated Value
$4,170,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,830,047
Avg. Annual Appreciation
10.77%

Purchase Details

Listed on
Dec 1, 2017
Closed on
Dec 11, 2017
Sold by
Nbllc Purple Sage
Bought by
Tanlie 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
$2,185,000
Sold Price
$2,000,000
Premium/Discount to List
-$185,000
-8.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%

Purchase Details

Listed on
Sep 10, 2014
Closed on
Sep 19, 2016
Sold by
Allard Randall Stevens
Bought by
Utah Purple Sage 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
$1,950,000
Sold Price
$1,900,000
Premium/Discount to List
-$50,000
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.29%

Purchase Details

Closed on
Dec 3, 2015
Sold by
Allard Randall Stevens
Bought by
Allard Randall Stevens and Randall Stevens Allard Living Trust

Purchase Details

Closed on
Dec 2, 2015
Sold by
Allard Randall Stevens and Allard Lee K
Bought by
Allard Randall Stevens and Allard Lee K

Purchase Details

Closed on
Mar 17, 2002
Sold by
Kirkup Richard G and Kirkup Brittany
Bought by
Allard Randall Stevens and Allard Lee K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.37%

Purchase Details

Closed on
Apr 20, 1999
Sold by
Hedges John W and Hedges Maria L
Bought by
Kirkup Richard G and Kirkup Brittany
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 Type Sale Price Title Company
Grant Deed $2,330,000 First American Title Company
Grant Deed $2,000,000 First Amer Title Ins Co
Grant Deed $1,900,000 Ticor Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $950,000 Chicago Title Co
Grant Deed $795,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $450,000 New Conventional
Previous Owner $455,250 Unknown
Previous Owner $450,000 Unknown
Previous Owner $450,000 No Value Available
Previous Owner $500,000 Credit Line Revolving
Previous Owner $70,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2020 03/06/20 Sold $2,340,000 -6.2% $1,333 / Sq Ft
11/07/2019 11/07/19 Pending -- -- --
05/13/2019 05/13/19 Price Changed $2,495,000 -5.8% $1,422 / Sq Ft
03/18/2019 03/18/19 For Sale $2,650,000 +32.5% $1,510 / Sq Ft
12/15/2017 12/15/17 Sold $2,000,000 -8.5% $1,140 / Sq Ft
12/12/2017 12/12/17 Pending -- -- --
12/01/2017 12/01/17 For Sale $2,185,000 +15.0% $1,245 / Sq Ft
09/27/2016 09/27/16 Sold $1,900,000 -2.6% $1,083 / Sq Ft
09/15/2016 09/15/16 Pending -- -- --
09/10/2014 09/10/14 For Sale $1,950,000 -- $1,111 / 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 $26,680 $2,548,192 $2,431,918 $116,274
2024 $26,680 $2,498,228 $2,384,233 $113,995
2023 $26,635 $2,449,244 $2,337,484 $111,760
2022 $26,296 $2,401,220 $2,291,651 $109,569
2021 $25,979 $2,354,138 $2,246,717 $107,421
2020 $23,115 $2,080,800 $1,979,128 $101,672
2019 $22,670 $2,040,000 $1,940,321 $99,679
2018 $22,332 $2,000,000 $1,902,275 $97,725
2017 $21,290 $1,900,000 $1,802,083 $97,917
2016 $13,764 $1,185,537 $1,071,243 $114,294
2015 $13,712 $1,167,730 $1,055,152 $112,578
2014 $13,409 $1,144,856 $1,034,483 $110,373
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17275598

California Regional Multiple Listing Service (CRMLS)

APN: 048-292-34