2217 Channel Rd Newport Beach, CA 92661
Balboa Peninsula Point NeighborhoodEstimated Value: $6,077,000 - $7,940,000
4
Beds
3
Baths
3,576
Sq Ft
$1,940/Sq Ft
Est. Value
Highlights
- Beach Access
- Peek-A-Boo Views
- Fireplace in Primary Bedroom
- Newport Elementary School Rated A
- Cape Cod Architecture
- Wood Flooring
About This Home
As of February 2022Live, play and thrive in this chic, 3600 sq/ft, 4-bedroom (plus den) home, in the sought-after Newport Beach Peninsula Point community. This freshly remodeled beach hideaway melds classic Cape Cod design cues with a distinctly modern Southern California flair. Higher square footage homes like this one are rare on the Peninsulaand this home's open, airy floor plan is perfect for both an active family or a tranquil second home. Inside, ample natural light and impeccable amenities elevate the everyday, with touches including wide-plank wood floors, a freshly remodeled chef's kitchen, built-in appliances, wine fridge, custom built-in storage and whole-home water filtration & softening systems. Welcome family and friends with four light-filled bedrooms, dining room, outdoor courtyard, upstairs rec roomthen spend evenings with a glass of red on the third-floor roof deck while the sun sets over Corona Del Mar Bend. Retreat to your spacious primary suite, complete with vaulted & beamed ceilings, fireplace, luxurious on-suite bathroom and walk-in closet. With plenty of space for two cars, a golf cart, SUPs and bikes, the home's oversized garage keeps beach toys well organized and within reach. Located mere blocks from world-famous surf spot "The Wedge", Peninsula Point Racquet Club, a private bay, and just minutes away from the Balboa Ferry coastal California adventure is at your doorstep at 2217 Channel Road.
Last Buyer's Agent
Carole Geronsin
BHHS CA Properties License #00604118
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $54,902
Year Built
- Built in 1956
Lot Details
- 2,800 Sq Ft Lot
- Lot Dimensions are 35x70
- Property is zoned R1
Parking
- 2 Car Attached Garage
Home Design
- Cape Cod Architecture
Interior Spaces
- 3,576 Sq Ft Home
- 3-Story Property
- Built-In Features
- Bar
- Family Room with Fireplace
- 4 Fireplaces
- Living Room
- Dining Room
- Den with Fireplace
- Library
- Bonus Room with Fireplace
- Loft
- Sun or Florida Room
- Wood Flooring
- Peek-A-Boo Views
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Walk-In Pantry
- Freezer
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- Powder Room
- 3 Full Bathrooms
Outdoor Features
- Beach Access
- Enclosed patio or porch
Utilities
- Central Heating
Community Details
- No Home Owners Association
- Billiard Room
Listing and Financial Details
- Assessor Parcel Number 048-291-10
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 22, 2022
Closed on
Jan 31, 2022
Sold by
Sunshine Kenneth H & Lori Elizabeth
Bought by
James & Sofia Riley Living Trust
Seller's Agent
Shannon Scavo
MAISONRE
Buyer's Agent
Carole Geronsin
BHHS CA Properties
List Price
$5,575,000
Sold Price
$5,450,000
Premium/Discount to List
-$125,000
-2.24%
Total Days on Market
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,488,192
Avg. Annual Appreciation
7.90%
Original Mortgage
$3,815,000
Outstanding Balance
$3,576,008
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$3,413,274
Purchase Details
Listed on
Aug 23, 2021
Closed on
Sep 7, 2021
Sold by
Anderson Craig Stephen and Anderson Susan Lynn
Bought by
Sunshine Kenneth H and Sunshine Lori Elizabeth
Seller's Agent
Casey Lesher
Christie's International R.E. Southern California
Buyer's Agent
Shannon Scavo
MAISONRE
List Price
$5,200,000
Sold Price
$5,100,000
Premium/Discount to List
-$100,000
-1.92%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.05%
Purchase Details
Closed on
Mar 25, 2014
Sold by
Anderson Craig S and Anderson Susan L
Bought by
The Anderson Family Trust
Purchase Details
Closed on
Oct 29, 1998
Sold by
Hughes Jack G and Hughes Jeanette L
Bought by
Anderson Craig S and Anderson Susan L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.25%
Purchase Details
Closed on
Feb 1, 1996
Sold by
Home Svgs Of America
Bought by
Hughes Jack G and Hughes Jeanette L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.14%
Purchase Details
Closed on
Dec 1, 1995
Sold by
Biesty James T and Biesty Julie A
Bought by
Home Svgs Of America
Purchase Details
Closed on
Nov 8, 1994
Sold by
Biesty James T and Biesty Julie A
Bought by
The Transaction Master Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,478
Interest Rate
8.91%
Mortgage Type
Seller Take Back
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| James & Sofia Riley Living Trust | $5,450,000 | Provident Title | |
| Sunshine Kenneth H | $5,100,000 | Chicago Title | |
| The Anderson Family Trust | -- | None Available | |
| Anderson Craig S | $615,000 | -- | |
| Hughes Jack G | $390,000 | California Counties Title Co | |
| Home Svgs Of America | $373,500 | -- | |
| The Transaction Master Inc | -- | California Counties Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | James & Sofia Riley Living Trust | $3,815,000 | |
| Previous Owner | Sunshine Kenneth H | $2,000,000 | |
| Previous Owner | Anderson Craig S | $371,000 | |
| Previous Owner | Anderson Craig S | $379,000 | |
| Previous Owner | Anderson Craig S | $390,000 | |
| Previous Owner | Anderson Craig S | $440,000 | |
| Previous Owner | Anderson Craig S | $440,000 | |
| Previous Owner | Anderson Craig S | $60,000 | |
| Previous Owner | Anderson Craig S | $400,000 | |
| Previous Owner | Hughes Jack G | $207,000 | |
| Previous Owner | The Transaction Master Inc | $12,478 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/24/2022 02/24/22 | Sold | $5,450,000 | -2.2% | $1,524 / Sq Ft |
| 01/24/2022 01/24/22 | Pending | -- | -- | -- |
| 01/22/2022 01/22/22 | For Sale | $5,575,000 | +9.3% | $1,559 / Sq Ft |
| 09/30/2021 09/30/21 | Sold | $5,100,000 | -1.9% | $1,417 / Sq Ft |
| 08/31/2021 08/31/21 | Pending | -- | -- | -- |
| 08/23/2021 08/23/21 | For Sale | $5,200,000 | -- | $1,444 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $54,902 | $5,180,384 | $4,455,132 | $725,252 |
| 2023 | $58,655 | $5,559,000 | $4,794,000 | $765,000 |
| 2022 | $54,009 | $5,100,000 | $4,448,879 | $651,121 |
| 2021 | $14,514 | $1,351,896 | $790,056 | $561,840 |
| 2020 | $14,374 | $1,338,034 | $781,954 | $556,080 |
| 2019 | $14,078 | $1,311,799 | $766,622 | $545,177 |
| 2018 | $13,797 | $1,286,078 | $751,590 | $534,488 |
| 2017 | $13,552 | $1,260,861 | $736,853 | $524,008 |
| 2016 | $13,248 | $1,236,139 | $722,405 | $513,734 |
| 2015 | $13,121 | $1,217,572 | $711,554 | $506,018 |
| 2014 | $12,811 | $1,193,722 | $697,616 | $496,106 |
Source: Public Records
Agents Affiliated with this Home
-
Shannon Scavo
Seller's Agent in 2022
Shannon Scavo
MAISONRE
(714) 955-9399
3 in this area
36 Total Sales
-
Buyer's Agent in 2022
Carole Geronsin
BHHS CA Properties
(714) 501-2218
1 in this area
398 Total Sales
-
Casey Lesher
Seller's Agent in 2021
Casey Lesher
Christie's International R.E. Southern California
(949) 554-1200
3 in this area
332 Total Sales
-
Julie Lewis-Grenz
Seller Co-Listing Agent in 2021
Julie Lewis-Grenz
Coldwell Banker Realty
(949) 554-1200
1 in this area
47 Total Sales
Map
Source: The MLS
MLS Number: 22-120883
APN: 048-291-10
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