NOT LISTED FOR SALE

Estimated Value: $5,926,000 - $7,637,000

4 Beds
4.5 Baths
2,846 Sq Ft
$2,426/Sq Ft Est. Value

Last Sold July 22, 2015

Last sale price $3,300,000 $1,160 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $42,807/month

18 Days on Market

Highlights

  • Primary Bedroom Suite
  • City Lights View
  • No HOA
  • Newport Elementary School Rated A
  • Wood Flooring
  • 2-minute walk to West Jetty View Park

About This Home

As of July 2015

Ideally located at the end of Peninsula Point in Newport Beach, this exceptionally private corner lot is just steps from the beach, wedge and bay. Featuring a rare indoor and outdoor living space the home encompasses 4 bedroom and 5 bathrooms. Remodeled in 2008 and updated throughout just this year this spacious and bright floor plan boasts hardwood floors throughout and a chef’s kitchen with custom cabinetry and a dining peninsula. The main level of the residence offers fabulous venues for entertaining including a large open living room and dining room. The upper level encompasses 3 generously sized guest suites, a master retreat complete with private sauna, an office, and an upstairs entertainment media area and fireplace. Two large private patios that have been retiled like new and a rooftop deck boasting beautiful city views complete this ideal beach home. This sophisticated beach chic residence is beach-perfect.

Last Agent to Sell the Property

Kim Bibb

Pacific Sotheby's Int'l Realty License #01210754 Listed on: 05/05/2015

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Tim Carr

Tim Carr Group License #01017277

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,520

Year Built

  • Built in 2008

Lot Details

  • 3,360

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,846 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Wood Flooring
  • City Lights Views
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite

Utilities

  • Two cooling system units
  • Forced Air Heating System
  • Water Softener

Additional Features

  • Tile Patio or Porch
  • 3,360 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 86
  • Tax Tract Number 948
  • Assessor Parcel Number 04829111

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,520

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Maintained
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04829111
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2846.00
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Area, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 1159.52
  • Room Type: All Bedrooms Up, Master Suite

Exterior Features

  • Patio: Yes
  • View: City Lights
  • Patio And Porch Features: Tile
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Softener
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 3360.00
  • Price Per Lot Square Foot: 982.14
  • Lot Size Acres: 0.0770

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3360.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 86
  • Tax Tract Number: 948

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2021
Sold by
Zablan Mark and Zablan Sharon
Bought by
Zablan Mark and Zablan Sharon
Total Days on Market
18
Current Estimated Value
$6,905,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,870
Outstanding Balance
$1,996,738
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$5,002,376

Purchase Details

Closed on
May 20, 2015
Sold by
Smith Edward and Smith Debra
Bought by
Zablan Mark and Zablan Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,145,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 2, 2014
Closed on
Jul 30, 2014
Sold by
Sprague Charles T and Sprague Patricia E
Bought by
Smith Edward and Smith Debra
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Chuck Allen
Coldwell Banker Realty
List Price
$3,450,000
Sold Price
$3,100,000
Premium/Discount to List
-$350,000
-10.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%
Original Mortgage
$1,998,750
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 10, 2014
Sold by
Sprague Charles T and Sprague Patricia E
Bought by
Sprague Charles T and Sprague Patricia E

Purchase Details

Closed on
Mar 14, 2007
Sold by
Hocking Sherry A
Bought by
Sprague Charles T and Sprague Patricia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2001
Sold by
Reich Judith A
Bought by
Hocking Edward J and Hocking Sherry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
7.03%

Purchase Details

Closed on
Feb 26, 1993
Sold by
Boen Mark C and Boen Veronica S
Bought by
Reich Judith A
Source: Public Records

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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
Zablan Mark -- Amrock Llc
Zablan Mark $3,300,000 Ticor Title
Smith Edward $3,100,000 Orange Coast Title Company
Sprague Charles T -- None Available
Sprague Charles T $2,500,000 First American Title Co
Hocking Edward J $1,000,000 Orange Coast Title
Reich Judith A $750,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zablan Mark $2,200,870
Previous Owner Zablan Mark $2,145,000
Previous Owner Smith Edward $1,998,750
Previous Owner Sprague Charles T $625,000
Previous Owner Sprague Charles T $417,000
Previous Owner Hocking Edward J $599,999
Previous Owner Hocking Edward J $100,000
Previous Owner Hocking Edward J $600,000
Previous Owner Hocking Edward J $100,000
Previous Owner Hocking Edward J $660,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2015 07/22/15 Sold $3,300,000 -2.8% $1,160 / Sq Ft
05/23/2015 05/23/15 Pending -- -- --
05/05/2015 05/05/15 For Sale $3,395,000 +9.5% $1,193 / Sq Ft
08/15/2014 08/15/14 Sold $3,100,000 -7.5% $1,089 / Sq Ft
07/24/2014 07/24/14 Pending -- -- --
05/29/2014 05/29/14 Price Changed $3,350,000 -2.9% $1,177 / Sq Ft
04/02/2014 04/02/14 For Sale $3,450,000 -- $1,212 / 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 $48,520 $4,580,909 $3,535,236 $1,045,673
2023 $47,387 $4,491,088 $3,465,918 $1,025,170
2022 $46,604 $4,403,028 $3,397,959 $1,005,069
2021 $45,781 $4,316,695 $3,331,333 $985,362
2020 $45,343 $4,272,433 $3,297,174 $975,259
2019 $44,396 $4,188,660 $3,232,523 $956,137
2018 $35,314 $3,326,660 $3,169,141 $157,519
2017 $35,789 $3,366,000 $3,107,001 $258,999
2016 $34,983 $3,300,000 $3,046,079 $253,921
2015 $33,067 $3,100,000 $2,846,079 $253,921
2014 $28,276 $2,657,685 $2,379,233 $278,452
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15096597

California Regional Multiple Listing Service (CRMLS)

APN: 048-291-11