Keegan Budden
Douglas Elliman of California Inc.
(949) 763-5747
15 Total Sales
2 in Balboa Peninsula Point
$6.9M - $8.7M Price Range
2168 E Oceanfront Newport Beach, CA 92661
Balboa Peninsula Point NeighborhoodEstimated Value: $8,793,211
4
Beds
3
Baths
2,953
Sq Ft
$2,978/Sq Ft
Est. Value
Highlights
- Beach Front
- White Water Ocean Views
- Two Primary Bedrooms
- Newport Elementary School Rated A
- Property has ocean access
- 1-minute walk to West Jetty View Park
About This Home
As of April 2018REDUCED * LOCATION, LOCATION, LOCATION! This ocean front home sits on a over-sized 4185 sf. lot with 45' of frontage at the finest location on prestigious Peninsula Point where there are no boardwalks! The home features panoramic views of the Pacific Ocean, Catalina Island, Corona Del Mar beach and caves, the majestic rock jetty at The Wedge, plus the Newport Harbor entrance with breathtaking bay views! The true value of this prime ocean front property is in the land! This is a once in a lifetime opportunity to seize what is arguably one of the finest ocean front locations in all of Newport Beach! Take advantage of this rare and amazing location to custom build your very own Dream Home! Rebuild utilizing the entire lot such as the driveway and the entire courtyard and porch to maximize your Dream Home's square footage! "Why live someone else's dream, when you can build your own?"
Last Agent to Sell the Property
JEFFREY FISHER
PACIFIC REALTY CENTER License #01290877 Listed on: 03/08/2018
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Home Details
Home Type
- Single Family
Year Built
- Built in 1964
Lot Details
- 4,185 Sq Ft Lot
- Lot Dimensions are 45'x91'x45'x94'
- Beach Front
- Property fronts an alley
- Cul-De-Sac
- Block Wall Fence
- Landscaped
- Level Lot
- Sprinkler System
- Lawn
- Front Yard
- Value in Land
Parking
- 2 Car Attached Garage
- 2 Open Parking Spaces
- Parking Storage or Cabinetry
- Parking Available
- Driveway
Property Views
- White Water Ocean
- Coastline
- Bay
- Harbor
- Catalina
- Panoramic
Home Design
- Traditional Architecture
- Fixer Upper
- Flat Roof Shape
- Slab Foundation
- Wood Product Walls
- Tar and Gravel Roof
- Stucco
Interior Spaces
- 2,953 Sq Ft Home
- 2-Story Property
- Built-In Features
- Beamed Ceilings
- Cathedral Ceiling
- Double Pane Windows
- Plantation Shutters
- Blinds
- Sliding Doors
- Entryway
- Family Room with Fireplace
- Living Room with Fireplace
- Dining Room
- Storage
- Laundry Room
- Alarm System
Kitchen
- Breakfast Bar
- Electric Oven
- Electric Range
- Dishwasher
- Tile Countertops
- Disposal
Flooring
- Brick
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- Double Master Bedroom
- Tile Bathroom Countertop
- Bathtub with Shower
- Walk-in Shower
Outdoor Features
- Property has ocean access
- Balcony
- Deck
- Open Patio
- Front Porch
Utilities
- Forced Air Heating System
- Underground Utilities
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 18 / E
- Tax Tract Number 518
- Assessor Parcel Number 04828238
Community Details
Overview
- No Home Owners Association
- Balboa Peninsula Point Subdivision
Amenities
- Laundry Facilities
- Service Entrance
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 7, 2018
Sold by
Parekh Mukesh K
Bought by
Current Estimated Value
Purchase Details
Closed on
Sep 12, 2014
Sold by
Stewart Jennifer D
Bought by
Parekh Mukesh K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.09%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jun 10, 2004
Sold by
Mitchell Kenneth Richard
Bought by
Parekh Mukesh K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 2, 2004
Sold by
Mitchell Kenneth Richard and Mitchell Joan Ellen
Bought by
Mitchell Kenneth Richard and Reader Ellen Beate
Purchase Details
Closed on
Sep 20, 2001
Sold by
Mitchell Richard G
Bought by
First American Trust Fsb
Purchase Details
Closed on
May 3, 1997
Sold by
Mitchell Richard G
Bought by
Mitchell Richard G and The Mitchell Family Trust
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Balboa Peninsula Point, CA
-
Keegan Budden
-
Justine Howard
Justine Howard
Coldwell Banker Realty
(949) 822-9869
14 Total Sales
1 in Balboa Peninsula Point
$3,850,000 Price
-
Paul Daftarian
Paul Daftarian
Luxe Real Estate
(657) 385-8384
248 Total Sales
2 in Balboa Peninsula Point
$11.4M - $27M Price Range
-
Rebecca Anderson
Rebecca Anderson
Responds QuicklySurterre Properties Inc.
(949) 763-4678
23 Total Sales
1 in Balboa Peninsula Point
$4,625,000 Price
-
Jill Mitzev
Jill Mitzev
Responds QuicklyInhabit Collective
(949) 899-6581
59 Total Sales
1 in Balboa Peninsula Point
$3,179,470 Price
-
Christine Morgan
Christine Morgan
Responds QuicklyMarterra Real Estate
(657) 279-5220
138 Total Sales
1 in Balboa Peninsula Point
$6,600,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $8,600,000 | Bnt Title Co | ||
| Parekh Mukesh K | -- | None Available | |
| Parekh Mukesh K | -- | None Available | |
| Parekh Mukesh K | -- | Equity Title Company | |
| Mitchell Kenneth Richard | -- | Old Republic Title Company | |
| Mitchell Kenneth Richard | -- | Old Republic Title Company | |
| Mitchell Kenneth Richard | -- | -- | |
| First American Trust Fsb | -- | -- | |
| First American Trust Fsb | -- | -- | |
| Mitchell Richard G | -- | -- | |
| Mitchell Richard G | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $2,000,000 | ||
| Previous Owner | Parekh Mukesh K | $2,000,000 | |
| Previous Owner | Mitchell Kenneth Richard | $50,000 | |
| Previous Owner | Mitchell Kenneth Richard | $190,000 | |
| Previous Owner | Mitchell Kenneth Richard | $30,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/27/2018 04/27/18 | Sold | $8,150,000 | -7.4% | $2,760 / Sq Ft |
| 03/25/2018 03/25/18 | Pending | -- | -- | -- |
| 03/14/2018 03/14/18 | Price Changed | $8,800,000 | -8.8% | $2,980 / Sq Ft |
| 03/08/2018 03/08/18 | For Sale | $9,650,000 | -- | $3,268 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $90,395 | $9,103,703 | $8,761,284 | $342,419 |
| 2025 | $90,395 | $8,589,495 | $8,589,495 | |
| 2024 | $88,995 | $8,421,074 | $8,421,074 | |
| 2023 | $86,927 | $8,255,955 | $8,255,955 | $0 |
| 2022 | $85,499 | $8,094,074 | $8,094,074 | $0 |
| 2021 | $83,855 | $7,935,367 | $7,935,367 | $0 |
| 2020 | $92,716 | $8,772,000 | $7,854,000 | $918,000 |
| 2019 | $90,774 | $8,600,000 | $7,700,000 | $900,000 |
| 2018 | $56,163 | $5,310,669 | $5,032,590 | $278,079 |
| 2017 | $55,167 | $5,206,539 | $4,933,912 | $272,627 |
| 2016 | $53,922 | $5,104,450 | $4,837,168 | $267,282 |
| 2015 | $53,418 | $5,027,777 | $4,764,509 | $263,268 |
| 2014 | $52,158 | $4,929,290 | $4,671,179 | $258,111 |
Source: Public Records
Agents Affiliated with this Home
-
JF
Seller's Agent in 2018
JEFFREY FISHER
PACIFIC REALTY CENTER
-
Coleen Brennan
Buyer's Agent in 2018
Coleen Brennan
Compass
(949) 275-2775
20 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV18050495
APN: 048-282-37
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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