NOT LISTED FOR SALE

Estimated Value: $5,859,000 - $7,963,000

3 Beds
5 Baths
3,012 Sq Ft
$2,278/Sq Ft Est. Value

Last Sold February 13, 2018

Last sale price $3,730,000 $1,238 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $42,194/month

68 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Cape Cod Architecture
  • Newport Elementary School Rated A
  • Open Floorplan
  • 1-minute walk to West Jetty View Park

About This Home

As of February 2018

Brand new construction just a short walk to the wedge located on the on the highly desirable community of Peninsula Point. This stunning 3 bedroom, 5 bathroom Cape Cod inspired custom home features a gourmet kitchen, living room and great room that opens beautifully to a side loggia- perfect for enjoying the beach breeze and for entertaining. Sitting on an oversize lot with custom wood working, top of the line details can be found throughout this Chris Brandon designed home. Gorgeous Ocean and city light views can be admired from the third floor roof top deck. An oversize two car garage completes this turn key home.

Last Agent to Sell the Property

Kim Bibb

Pacific Sotheby's Int'l Realty License #01210754 Listed on: 11/01/2017

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Patrick Clark

Patrick Clark R. E. Broker License #00883366

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,175

Year Built

  • Built in 2017

Lot Details

  • 2,711 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • 1 Carport Space

Property Views

  • Ocean
  • Catalina
  • City Lights

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 3,012 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Open to Family Room
  • Gas Oven
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Schools

  • Newport Harbor High School

Additional Features

  • Balcony
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 04828243

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,175

Year Built

Built in 2017

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Kim Bibb
  • Other Phone Number: 714-396-0185
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04828243
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3012.00 Square Feet
  • Interior Amenities: Balcony, Open Floorplan, Pantry
  • Stories: 3
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1238.38
  • Room Type: All Bedrooms Up, Living Room, Master Suite, Walk-In Closet
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

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

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven
  • Heating Type: Forced Air
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified
  • High School: Newport Harbor
  • High School: Newport Harbor
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2711.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2017
Closed on
Jan 11, 2018
Sold by
Ocean Waterpointe Llc
Bought by
Graves Sturat Lee
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Patrick Clark
Patrick Clark R. E. Broker
List Price
$3,795,000
Sold Price
$3,730,000
Premium/Discount to List
-$65,000
-1.71%
Total Days on Market
68
Current Estimated Value
$6,860,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,130,954
Avg. Annual Appreciation
8.93%
Original Mortgage
$2,611,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2014
Sold by
2153 Ocean Llc
Bought by
Ocean Waterpointe Llc
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
Graves Sturat Lee $3,730,000 First American Title Co
Ocean Waterpointe Llc $1,850,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graves Stuart Lee $2,466,000
Closed Graves Sturat Lee $2,611,000
Previous Owner Ocean Waterpointe Llc $0
Previous Owner Ocean Waterpointe Llc $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2018 02/13/18 Sold $3,730,000 -1.7% $1,238 / Sq Ft
11/01/2017 11/01/17 For Sale $3,795,000 -- $1,260 / 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 $44,175 $4,160,883 $3,037,730 $1,123,153
2023 $43,143 $4,079,298 $2,978,167 $1,101,131
2022 $42,432 $3,999,312 $2,919,771 $1,079,541
2021 $41,617 $3,920,895 $2,862,521 $1,058,374
2020 $41,218 $3,880,692 $2,833,170 $1,047,522
2019 $40,359 $3,804,600 $2,777,617 $1,026,983
2018 $30,776 $2,894,860 $1,954,091 $940,769
2017 $30,361 $2,838,099 $1,915,776 $922,323
2016 $23,172 $2,158,632 $1,878,212 $280,420
2015 $17,044 $1,595,638 $1,595,638 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17247000

California Regional Multiple Listing Service (CRMLS)

APN: 048-282-44