NOT LISTED FOR SALE

Estimated Value: $6,923,000 - $7,481,000

4 Beds
4.5 Baths
3,214 Sq Ft
$2,243/Sq Ft Est. Value

Last Sold October 14, 2016

Last sale price $4,000,001 $1,245 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $41,792/month

Highlights

  • Ocean View
  • Property is near park
  • Laundry Room
  • Newport Elementary School Rated A
  • Furnished
  • 1-minute walk to West Jetty View Park

About This Home

As of September 2017

Furnished Winter Rental. Newly constructed in 2016, 2153 East Ocean Blvd. is a beautiful single family home located just steps from the world-famous surf spot, Wedge, in the quiet and exclusive neighborhood of Peninsula Point. Nestled at the tip of the Newport Beach Peninsula and surrounded by water on 3 sides, the Peninsula Point neighborhood epitomizes Newport Beach living at its' core.This home is ideal for elegant entertaining with the finest finishes and the latest in technology throughout. Consisting of four bedrooms, four and one half baths, floor to ceiling glass across the entire façade of the first floor helps to bring the inside out and the outside in, creating an increased sense of space to an already expansive open concept ground floor. Guests will find a chef's kitchen on the first floor that features stainless steel appliances, a Wolf 6-burner range, dual ovens, an oversized island with a leather finished granite, custom cabinetry, and completed with a large pantry. More notable details in the house include Geldwen windows throughout, 9” European Oak hardwood flooring, and modern Euroline doors that open out to the front and side patios.The views from the rooftop deck are one of a kind with peekaboo views of the ocean, expansive looks at the Newport and Laguna Coasts, city lights, and harbor entrance. The home contains a 3-story elevator, 3214 sqft of living space, 4.5 bathrooms, and voluminous high ceilings throughout.

Last Agent to Rent the Property

Artie Dorr

Balboa Realty License #01899740 Listed on: 09/11/2017

Last Renter's Agent

Susan Neely

Berkshire Hathaway HomeServices California Properties License #01705222

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 2,813 Sq Ft Lot
  • Front Yard

Parking

  • 2 Car Garage
  • 1 Carport Space

Property Views

  • Ocean
  • Marina
  • Coastline
  • Back Bay
  • Harbor
  • Catalina
  • City Lights
  • Peek-A-Boo
  • Canal

Interior Spaces

  • 3,214 Sq Ft Home
  • Furnished
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Property is near park
  • Urban Location

Schools

  • Newport Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Central Air

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Security Deposit $15,000
  • Available 9/14/17
  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 04828245

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Available Date: 2017-09-14
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 1000
  • Deposit Security: 15000
  • Furnished: Furnished
  • Pets Allowed: Call, Cats OK, Dogs OK
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 04828245
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3214.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 3.73

Exterior Features

  • View: Back Bay, Bay, Canal, Catalina, City Lights, Coastline, Harbor, Marina, Ocean, Peek-A-Boo, Water
  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Sidewalks, Urban

Schools

  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Lot Features: Front Yard, Park Nearby
  • Lot Size Sq Ft: 2813.00

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: Negotiable
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 628.00
  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2016
Closed on
Sep 30, 2016
Sold by
2153 Ocean Llc
Bought by
2153 E Ocean Blvd Llc
Seller's Agent
Artie Dorr
Balboa Realty
Buyer's Agent
Carol Lee
Compass
Sold Price
$11,500
Current Estimated Value
$7,208,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,197,011
Avg. Annual Appreciation
6.60%

Purchase Details

Listed on
Dec 22, 2013
Closed on
Apr 4, 2014
Sold by
Abascon Properties Inc
Bought by
2153 Ocean Llc
Seller's Agent
Tara Shapiro
Coldwell Banker Realty
Buyer's Agent
Adrienne Brandes
Surterre Properties Inc.
List Price
$3,495,000
Sold Price
$3,400,000
Premium/Discount to List
-$95,000
-2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.69%
Original Mortgage
$1,000,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2010
Sold by
True Alan Lynn and True Twila Nadine
Bought by
Abascon Properties Inc

Purchase Details

Closed on
Apr 16, 2007
Sold by
True Alan Lynn and True Twila Nadine
Bought by
True Alan and True Twila

Purchase Details

Closed on
May 25, 2006
Sold by
Post Ritchie W
Bought by
True Alan Lynn and True Twila Nadine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,470,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
2153 E Ocean Blvd Llc $4,000,500 Ticor Title
2153 Ocean Llc $3,400,000 California Title Company
Abascon Properties Inc $3,800,000 Chicago Title Company
True Alan -- None Available
True Alan Lynn $3,800,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 2153 Ocean Llc $1,000,000
Previous Owner True Alan Lynn $2,470,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/25/2017 09/25/17 Rented $12,000 0.0% --
09/11/2017 09/11/17 For Rent $11,995 +4.3% --
11/11/2016 11/11/16 Rented $11,500 -8.0% --
11/02/2016 11/02/16 For Rent $12,500 0.0% --
10/14/2016 10/14/16 Sold $4,000,001 +0.1% $1,245 / Sq Ft View Prior Sale
09/26/2016 09/26/16 Price Changed $3,995,000 -11.1% $1,243 / Sq Ft
07/12/2016 07/12/16 For Sale $4,495,000 +32.2% $1,399 / Sq Ft
04/11/2014 04/11/14 Sold $3,400,000 -2.7% $1,511 / Sq Ft View Prior Sale
02/19/2014 02/19/14 Pending -- -- --
12/22/2013 12/22/13 For Sale $3,495,000 0.0% $1,553 / Sq Ft
11/06/2013 11/06/13 For Sale $3,495,000 +2.8% $1,553 / Sq Ft
11/05/2013 11/05/13 Pending -- -- --
07/17/2013 07/17/13 Off Market $3,400,000 -- --
06/26/2013 06/26/13 For Sale $3,495,000 0.0% $1,553 / Sq Ft
02/05/2012 02/05/12 Rented $4,600 0.0% --
02/05/2012 02/05/12 Under Contract -- -- --
10/26/2011 10/26/11 For Rent $4,600 -- --
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 $48,283 $4,642,342 $3,345,791 $1,296,551
2024 $48,283 $4,551,316 $3,280,187 $1,271,129
2023 $47,156 $4,462,075 $3,215,870 $1,246,205
2022 $46,379 $4,374,584 $3,152,814 $1,221,770
2021 $45,488 $4,288,808 $3,090,994 $1,197,814
2020 $45,052 $4,244,832 $3,059,300 $1,185,532
2019 $44,112 $4,161,600 $2,999,313 $1,162,287
2018 $43,230 $4,080,000 $2,940,502 $1,139,498
2017 $42,593 $4,000,000 $2,882,845 $1,117,155
2016 $27,651 $2,585,439 $1,745,629 $839,810
2015 $18,673 $1,719,409 $1,719,409 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17210190

California Regional Multiple Listing Service (CRMLS)

APN: 048-282-45