NOT LISTED FOR SALE

Estimated Value: $2,546,000 - $2,783,000

4 Beds
2 Baths
1,358 Sq Ft
$1,958/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $2,000,000 $1,473 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $15,664/month

45 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • No HOA
  • Newport Elementary School Rated A
  • High Ceiling
  • Cottage

About This Home

As of August 2021

Balboa Peninsula! Traditional 4-bedroom home with vaulted ceilings, large front patio/yard. This home has 3 bedrooms upstairs, 1 bedroom and bathroom on the first floor. Imagine spending time with friends and family on the rooftop deck enjoying the sea breezes and sunset views. This home is perfect for a family or even a 2nd home getaway. If you want to be ready for family summer fun and entertaining this home is it. Ideally located between Newport Harbor and the Pacific Ocean. Located mid-peninsula, within an easy walk of the 7th Street and E Edgewater beaches, Newport Harbor Yacht Club, the Balboa Library, the “world famous” Fun Zone and Lombardy’s market. Local activities include swimming, sailing, paddle boarding, surfing, playing volleyball, biking, or strolling the beach boardwalk. Local hospitality includes fine dining, bars, nightlife and fun shops of the Newport and Balboa Piers as well as Lido Village.

Last Agent to Sell the Property

Erik Kaiser

RE/MAX TerraSol License #01111620 Listed on: 06/07/2021

RE/MAX TerraSol

Last Buyer's Agent

Mana Aminian

Coldwell Banker Realty License #01737631

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1937

Lot Details

  • 2,400 Sq Ft Lot
  • East Facing Home
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Single Garage Door
  • On-Street Parking

Home Design

  • Cottage
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Plaster
  • Stucco

Interior Spaces

  • 1,358 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Tinted Windows
  • Living Room with Fireplace

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Concrete Porch or Patio
  • Rooftop Access

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 13 / 4
  • Tax Tract Number 510
  • Assessor Parcel Number 04809108

Community Details

Overview

  • No Home Owners Association
  • Balboa Peninsula Subdivision

Recreation

  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1937

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: No
  • Architectural Style: Cottage
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04809108
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1358.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), High Ceilings, Tile Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1472.75
  • Room Type: Kitchen, Main Floor Bedroom
  • Window Features: Tinted Windows
  • Bathroom Features: Shower
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Slab
  • Patio And Porch Features: Concrete, Patio Open, Roof Top, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame, Plaster, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking Features: Garage - Single Door, Street
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Watersports, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 2400.00
  • Lot Size Acres: 0.0551

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2400.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 628.00
  • Tax Lot: 13
  • Tax Tract Number: 510

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Aug 9, 2021
Sold by
Cotta Jesyca Dawn and Sylvia B Brokaw Trust
Bought by
585 Real Estate Llc
Seller's Agent
Erik Kaiser
RE/MAX TerraSol
Buyer's Agent
Mana Aminian
Coldwell Banker Realty
List Price
$2,199,999
Sold Price
$2,000,000
Premium/Discount to List
-$199,999
-9.09%
Current Estimated Value
$2,658,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$658,867
Avg. Annual Appreciation
6.53%

Purchase Details

Closed on
May 30, 2019
Sold by
Brokaw Sylvia B
Bought by
Brokaw Sylvia B and The Sylvia B Brokaw Trust

Purchase Details

Closed on
Oct 18, 2018
Sold by
Brokaw Sylvia B
Bought by
Brokaw Sylvia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,019,475
Interest Rate
6.01%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Nov 12, 2015
Sold by
Brokaw Sylvia B
Bought by
Brokaw Sylvia B and The Sylvia B Brokaw Trust

Purchase Details

Closed on
Jan 31, 2013
Sold by
Brokaw Sylvia B
Bought by
Brokaw Sylvia B and The Sylvia B Brokaw Trust

Purchase Details

Closed on
Sep 19, 1994
Sold by
Brokaw Charles Philip and Brokaw Sylvia
Bought by
Brokaw C Philip and Brokaw Sylvia B
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
585 Real Estate Llc $2,000,000 Fidelity Natl Ttl Orange Cnt
Brokaw Sylvia B -- None Available
Brokaw Sylvia B -- Nextitle
Brokaw Sylvia B -- None Available
Brokaw Sylvia B -- None Available
Brokaw Sylvia B -- None Available
Brokaw Sylvia B -- None Available
Brokaw C Philip -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brokaw Sylvia B $1,019,475
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2021 08/20/21 Sold $2,000,000 -9.1% $1,473 / Sq Ft
06/07/2021 06/07/21 For Sale $2,199,999 -- $1,620 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $22,288 $2,122,416 $2,057,609 $64,807
2024 $22,288 $2,080,800 $2,017,263 $63,537
2023 $21,765 $2,040,000 $1,977,708 $62,292
2022 $21,404 $2,000,000 $1,938,929 $61,071
2021 $1,329 $98,707 $60,506 $38,201
2020 $1,315 $97,695 $59,885 $37,810
2019 $1,294 $95,780 $58,711 $37,069
2018 $1,269 $93,902 $57,559 $36,343
2017 $1,247 $92,061 $56,430 $35,631
2016 $1,221 $90,256 $55,323 $34,933
2015 $1,206 $88,901 $54,492 $34,409
2014 $1,177 $87,160 $53,425 $33,735
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21122019

California Regional Multiple Listing Service (CRMLS)

APN: 048-091-08

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