NOT LISTED FOR SALE

Estimated Value: $3,285,000 - $3,909,594

2 Beds
2.5 Baths
1,769 Sq Ft
$2,062/Sq Ft Est. Value

Last Sold October 19, 2015

Last sale price $1,610,000 $910 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $21,028/month

117 Days on Market

Highlights

  • Craftsman Architecture
  • Two Story Ceilings
  • Loft
  • Newport Elementary School Rated A
  • Main Floor Bedroom
  • 1-minute walk to West Jetty View Park

About This Home

As of October 2015

Terrific example of old Balboa: redwood exterior, cedar interior, loft, 2 story ceilings, 2 car attached garage, huge master suite. This home's timeless ambiance makes one slow down as soon as entering the front door. Located at the farthest tip of the Balboa Peninsula in an envious location just 1 1/2 blocks from the Wedge makes days at the beach an effortless short walk. Beautiful curb appeal with a private front patio/courtyard area to enjoy Balboa outside seaside living in privacy. Remodeled in 1978 this home is true to its era. Eclectic and timeless classic craftsman cottage.

Last Agent to Sell the Property

John Newlander

First Team Real Estate License #01894487 Listed on: 06/09/2015

First Team Real Estate

Last Buyer's Agent

Kristyn Tupper

HomeSmart, Evergreen Realty License #01765947

HomeSmart, Evergreen Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,054

Year Built

  • Built in 1978

Lot Details

  • 2,310 Sq Ft Lot
  • Property fronts an alley
  • Southeast Facing Home
  • Wood Fence
  • Brick Fence
  • Stucco Fence
  • Landscaped
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener

Home Design

  • Craftsman Architecture
  • Cottage
  • Slab Foundation
  • Wood Product Walls
  • Frame Construction
  • Shake Roof
  • Wood Siding
  • Redwood Siding

Interior Spaces

  • 1,769 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Two Story Ceilings
  • Skylights
  • Recessed Lighting
  • Wood Burning Fireplace
  • Gas Fireplace
  • Shutters
  • Stained Glass
  • Living Room with Fireplace
  • Formal Dining Room
  • Loft

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Brick Porch or Patio
  • Exterior Lighting

Location

  • Suburban Location

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Central Water Heater
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 518
  • Assessor Parcel Number 04829212

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,054

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: No
  • Architectural Style: Cottage, Craftsman
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04829212
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1769.00
  • Interior Amenities: Beamed Ceilings, Formica Counters, High Ceilings, Recessed Lighting, Two Story Ceilings, Wood Product Walls
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area, Separated
  • Fireplace Features: Gas, Living Room, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 910.12
  • Room Type: Loft, Master Bedroom, Main Floor Bedroom, Walk-In Closet
  • Window Features: Stained Glass, Shutters, Skylight(s)

Exterior Features

  • Patio: Yes
  • Direction Faces: Southeast
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Brick, Stucco Wall, Wood
  • Patio And Porch Features: Brick, Patio
  • Pool Private: No
  • Roof: Shake
  • Spa: No
  • Construction Materials: Frame, Redwood Siding, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Cooktop, Gas Water Heater, Water Heater Central
  • Electric: Electricity - On Property
  • Heating Type: Central, Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Level, Landscaped, Rectangular Lot, Paved
  • Lot Size Sq Ft: 2310.00
  • Price Per Lot Square Foot: 696.97
  • Lot Size Acres: 0.0530

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2310.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 15
  • Tax Tract Number: 518

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2021
Sold by
Stn147 Llc
Bought by
Flazer 17 Lp
Total Days on Market
117
Current Estimated Value
$3,647,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,321,500
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 9, 2015
Closed on
Oct 6, 2015
Sold by
Bauman Jane
Bought by
Stn147 Llc
Seller's Agent
John Newlander
First Team Real Estate
Buyer's Agent
Kristyn Tupper
HomeSmart, Evergreen Realty
List Price
$2,550,000
Sold Price
$1,610,000
Premium/Discount to List
-$940,000
-36.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%

Purchase Details

Closed on
Aug 25, 2011
Sold by
Bauman Charles M
Bought by
Bauman Charles M and Charles M Bauman Living Trust
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
Flazer 17 Lp -- Orange Coast Title Co
Stn147 Llc $1,610,000 Western Resources Title Co
Bauman Charles M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flazer 17 Lp $11,900,000
Closed Flazer 17 Lp $13,321,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2015 10/19/15 Sold $1,610,000 -8.0% $910 / Sq Ft
10/04/2015 10/04/15 Pending -- -- --
09/26/2015 09/26/15 Price Changed $1,750,000 -12.5% $989 / Sq Ft
06/19/2015 06/19/15 Price Changed $1,999,000 -21.6% $1,130 / Sq Ft
06/09/2015 06/09/15 For Sale $2,550,000 -- $1,441 / 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 $20,054 $1,868,540 $1,648,592 $219,948
2023 $20,117 $1,831,902 $1,616,266 $215,636
2022 $32,540 $3,000,000 $2,789,455 $210,545
2021 $19,672 $1,760,768 $1,553,505 $207,263
2020 $19,491 $1,742,714 $1,537,576 $205,138
2019 $19,120 $1,708,544 $1,507,428 $201,116
2018 $18,842 $1,675,044 $1,477,871 $197,173
2017 $18,493 $1,642,200 $1,448,893 $193,307
2016 $18,153 $1,610,000 $1,420,483 $189,517
2015 $3,104 $177,661 $63,168 $114,493
2014 $3,049 $174,181 $61,930 $112,251
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG15123723

California Regional Multiple Listing Service (CRMLS)

APN: 048-292-12