2217 Channel Rd Newport Beach, CA 92661
Balboa Peninsula Point Neighborhood
4
Beds
3.5
Baths
3,600
Sq Ft
2,800
Sq Ft Lot
Highlights
- Beach Access
- Ocean Side of Highway 1
- Dual Staircase
- Newport Elementary School Rated A
- City Lights View
- Fireplace in Primary Bedroom
About This Home
As of February 2022Sited on Peninsula Point, this spacious 4-bedroom residence delivers a meticulously maintained, detail oriented, beach chic charmer. Hardwood flooring drape the home, illuminated by loads of windows, and soaring ceilings. The living room is highlighted by convenient built-ins, sitting nooks, and a stunning stone fireplace with mantel. Allowing for additional entertaining spaces, the tranquil central courtyard provides indoor/outdoor living. Adjacent to the expansive dining room, the chef’s kitchen supplies sprawling counters, copious and orderly storage, wine fridge, appliance garage, wall oven and built-in range. Appreciating tranquility, the extensive master retreat features vaulted beamed ceilings, a bay window, fireplace, walk-in closet and an elite master bathroom with soaking tub and separate shower. Brilliantly designed, the upper level includes a entertaining/game room equipped with a fireplace, fridge and sink, and opens to the rooftop deck ideal for entertaining, enjoying peaceful sunsets, or relaxing in the sunshine. Additional features include 3 secondary bedrooms, a craft room with built-ins, a superb laundry room, and a 2 car garage plus car-sized workshop. Live the life of luxury with proximity to renown amenities and the iconic surf spot “The Wedge”.
Last Agent to Sell the Property
Christie's International R.E. Southern California License #01795953 Listed on: 08/23/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $54,902
Year Built
- Built in 2001
Lot Details
- 2,800 Sq Ft Lot
- Level Lot
- Property is zoned R1
Parking
- 2 Car Attached Garage
- Oversized Parking
- Parking Available
Property Views
- City Lights
- Neighborhood
Home Design
- Turnkey
Interior Spaces
- 3,600 Sq Ft Home
- 3-Story Property
- Wet Bar
- Dual Staircase
- Built-In Features
- Bar
- Beamed Ceilings
- High Ceiling
- Ceiling Fan
- Entryway
- Living Room with Fireplace
- Dining Room
- Den with Fireplace
- Game Room with Fireplace
- Storage
- Laundry Room
- Wood Flooring
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Breakfast Bar
- Built-In Range
- Range Hood
- Microwave
- Dishwasher
- Granite Countertops
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- Fireplace in Primary Bedroom
- Walk-In Closet
- Bathtub
- Separate Shower
- Linen Closet In Bathroom
Outdoor Features
- Beach Access
- Ocean Side of Highway 1
- Separate Outdoor Workshop
Schools
- Newport Elementary School
- Ensign Middle School
- Harbor High School
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Balboa Peninsula Point Subdivision
Listing and Financial Details
- Tax Lot 85
- Tax Tract Number 948
- Assessor Parcel Number 04829110
- $360 per year additional tax assessments
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
8
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $5,450,000 | Provident Title | |
| Grant Deed | $5,100,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $615,000 | -- | |
| Grant Deed | $390,000 | California Counties Title Co | |
| Trustee Deed | $373,500 | -- | |
| Grant Deed | -- | California Counties Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,815,000 | New Conventional | |
| Previous Owner | $2,000,000 | New Conventional | |
| Previous Owner | $371,000 | New Conventional | |
| Previous Owner | $379,000 | New Conventional | |
| Previous Owner | $390,000 | New Conventional | |
| Previous Owner | $440,000 | Unknown | |
| Previous Owner | $440,000 | Unknown | |
| Previous Owner | $60,000 | Credit Line Revolving | |
| Previous Owner | $400,000 | No Value Available | |
| Previous Owner | $207,000 | No Value Available | |
| Previous Owner | $12,478 | Seller Take Back |
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: California Regional Multiple Listing Service (CRMLS)
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: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP21186586
APN: 048-291-10
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