NOT LISTED FOR SALE

2144 E Ocean Blvd Newport Beach, CA 92661

Balboa Peninsula Point Neighborhood

Estimated Value: $5,268,000 - $5,504,000

3 Beds
3 Baths
2,206 Sq Ft
$2,428/Sq Ft Est. Value

Last Sold August 05, 2019

Last sale price $3,600,000 $1,632 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $31,305/month

Highlights

  • Wood Flooring
  • No HOA
  • Views
  • Newport Elementary School Rated A
  • 2 Car Attached Garage
  • 1-minute walk to West Jetty View Park

About This Home

As of August 2019

Sold Off Market As Land Value Transaction. Entered Into MLS For Comp Purposes Only.

Last Agent to Sell the Property

Tara Shapiro

Coldwell Banker Realty License #01892201 Listed on: 08/03/2019

Coldwell Banker Realty

Last Buyer's Agent

Tara Shapiro

Coldwell Banker Realty License #01892201 Listed on: 08/03/2019

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1933

Lot Details

  • 4,800 Sq Ft Lot
  • Back and Front Yard

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,206 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Urban Location
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 12 / F
  • Tax Tract Number 518
  • Assessor Parcel Number 04828119

Home Details

Home Type

Single Family

Year Built

Built in 1933

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04828119
  • Year Built: 1933
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2206.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1631.91

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 4800.00
  • Lot Size Acres: 0.1102

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4800.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: F
  • Tax Census Tract: 628.00
  • Tax Lot: 12
  • Tax Tract Number: 518

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2019
Closed on
Jul 19, 2019
Sold by
Sun Shu Li
Bought by
Balbo Holdings Llc
Seller's Agent
Tara Shapiro
Coldwell Banker Realty
Buyer's Agent
Tara Shapiro
Coldwell Banker Realty
List Price
$3,600,000
Sold Price
$3,600,000
Current Estimated Value
$5,356,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,756,595
Avg. Annual Appreciation
6.41%

Purchase Details

Listed on
Dec 3, 2013
Closed on
Feb 24, 2014
Sold by
Lai Jay Jason
Bought by
Sun Shu Li
Seller's Agent
Gwendolyn Gamble
Pacific Sotheby’s International Realty
Buyer's Agent
Gwendolyn Gamble
Pacific Sotheby’s International Realty
Sold Price
$4,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 3, 2013
Closed on
Feb 6, 2014
Sold by
Li Mandy
Bought by
Sun Shu Li
Seller's Agent
Gwendolyn Gamble
Pacific Sotheby’s International Realty
Buyer's Agent
Gwendolyn Gamble
Pacific Sotheby’s International Realty
Sold Price
$4,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 20, 2006
Sold by
Li Mandy
Bought by
Li Mandy and Mandy Li 2006 Trust

Purchase Details

Closed on
Aug 3, 2005
Sold by
Kwan Pauson
Bought by
Li Mandy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,499,916
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 17, 1999
Sold by
Quinn Shannon
Bought by
Vanschoonenberg Robert G and Vanschoonenberg Sandra E

Purchase Details

Closed on
Mar 13, 1998
Sold by
William Urquhart and William Mary
Bought by
Quinn John B and Shannon Quinn M

Purchase Details

Closed on
Nov 12, 1997
Sold by
William Urquhart and William Mary
Bought by
Molloy James R and Molloy Amilia M

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
7.25%

Purchase Details

Closed on
Feb 28, 1994
Sold by
Zell Donald Howard
Bought by
Urquhart William and Urquhart Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
7.09%
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
Balbo Holdings Llc $3,600,000 First American Title Company
Sun Shu Li -- Lawyers Title
Sun Shu Li $1,875,000 Lawyers Title
Li Mandy -- None Available
Li Mandy -- First American Title Co
Li Mandy $2,420,000 First American Title Co
Vanschoonenberg Robert G $446,500 Chicago Title Co
Quinn John B -- Fidelity National Title Ins
Molloy James R $600,000 Guardian Title
Urquhart William $605,000 California Counties Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sun Shu Li $800,000
Previous Owner Li Mandy $1,499,916
Previous Owner Molloy James R $450,000
Previous Owner Urquhart William $484,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2019 08/05/19 Sold $3,600,000 0.0% $1,632 / Sq Ft
08/03/2019 08/03/19 Pending -- -- --
08/03/2019 08/03/19 For Sale $3,600,000 0.0% $1,632 / Sq Ft
12/03/2013 12/03/13 Rented $4,400 -1.7% --
12/03/2013 12/03/13 For Rent $4,475 -- --
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 $39,878 $3,828,141 $3,828,141 --
2024 $39,878 $3,753,080 $3,753,080 --
2023 $40,041 $3,679,491 $3,679,491 $0
2022 $40,653 $3,710,041 $3,607,345 $102,696
2021 $40,183 $3,637,296 $3,536,613 $100,683
2020 $39,815 $3,600,000 $3,500,349 $99,651
2019 $23,603 $2,060,469 $1,965,670 $94,799
2018 $23,367 $2,020,068 $1,927,127 $92,941
2017 $22,921 $1,980,459 $1,889,340 $91,119
2016 $22,534 $1,941,627 $1,852,294 $89,333
2015 $22,474 $1,912,462 $1,824,470 $87,992
2014 $24,543 $2,119,000 $2,043,638 $75,362
Source: Public Records

Agents Affiliated with this Home

  • Tara Shapiro

    Seller's Agent in 2019

    Tara Shapiro

    Coldwell Banker Realty

    (949) 478-7781

    39 in this area

    89 Total Sales

    Tara Shapiro
    Section Image

  • G

    Seller's Agent in 2014

    Gwendolyn Gamble

    Pacific Sotheby’s International Realty

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19186377

California Regional Multiple Listing Service (CRMLS)

APN: 048-281-19

California Orange County Newport Beach 92661 Balboa Peninsula Point

2144 E Ocean Blvd, Newport Beach, CA

Not Listed for Sale

Detached

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