NOT LISTED FOR SALE

Estimated Value: $1,877,853 - $2,158,000

2 Beds
2.5 Baths
1,310 Sq Ft
$1,554/Sq Ft Est. Value

Last Sold November 16, 2015

Last sale price $1,180,000 $901 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $12,473/month

89 Days on Market

About This Home

As of November 2015

Rare opportunity to own a highly upgraded Newport Peninsula upper-level townhome with two levels of living and no on above you. Located 2 blocks sand/1bay. Incredible views, including a peak-a-boo ocean view! 3 living areas including two large rooftop decks. The first floor includes a large living area, outdoor patio, eat-in kitchen, powder bathroom and laundry.The remodeled chef’s kitchen has white macabus granite countertops, top of the line soft-close inset shaker cabinetry,stainless steel appliances, high-end lighting fixtures and faucets, a reverse osmosis drinking water system, Instahot faucet, under cabinet lighting and a large pantry.The living room features in-ceiling surround sound, crown molding, fireplace, large media closet and separate wine bar with wine refrigerator.Dual master suites located on the top floor each with a rooftop deck,large walk-in closets and ceiling fans. Extra Storage on the rooftop. One master bathroom features a Jacuzzi bathtub and the other a large walk-in shower with sitting step. Home also features a soft water system, top of the line tile flooring, upgraded faucets, in-ceiling speakers, keyless entry, an ADT Security System and tankless hot water heater with a circulating hot water pump.

Last Agent to Sell the Property

Brian Liberto

The Agency License #01473233 Listed on: 08/05/2015

The Agency

Last Buyer's Agent

Brian Liberto

The Agency License #01473233 Listed on: 08/05/2015

The Agency

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$14,787

Year Built

2001

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Wired for Alarm System
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 93394083
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1310.00
  • Interior Amenities: Balcony, Crown Molding, Granite Counters, Living Room Balcony, Storage, Wired for Sound
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, In Kitchen, In Living Room
  • Fireplace Features: Gas, Living Room
  • Levels: Two
  • Price Per Square Foot: 900.76
  • Room Type: All Bedrooms Up, Living Room, Walk-In Closet, Two Masters
  • Spa Features: Bath

Exterior Features

  • Patio: Yes
  • View: Bay, Coastline, Ocean, Water
  • Patio And Porch Features: Deck, Porch, Roof Top
  • Pool Private: No
  • Roof: Flat Tile, Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Assigned, Attached Carport
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Instant Hot Water, Microwave, Tankless Water Heater
  • Heating Type: Forced Air, Fireplace(s)
  • Laundry Features: Inside, Washer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Schools

  • School District: Newport Mesa Unified

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Waterfront Features: Beach Access

Tax Info

  • Tax Lot: 0000
  • Tax Tract Number: 000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2016
Sold by
Ocean Performance Group Llc
Bought by
Ocean Performance Group Llc
Current Estimated Value
$2,035,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Outstanding Balance
$1,130,126
Interest Rate
3.68%
Mortgage Type
Commercial
Estimated Equity
$905,337

Purchase Details

Listed on
Aug 5, 2015
Closed on
Oct 9, 2015
Sold by
Kappelman Kristine Ann
Bought by
Ocean Performance Group Llc
Seller's Agent
Brian Liberto
The Agency
Buyer's Agent
Brian Liberto
The Agency
List Price
$1,250,000
Sold Price
$1,180,000
Premium/Discount to List
-$70,000
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.78%

Purchase Details

Closed on
May 13, 2014
Sold by
Kappelman Kristine
Bought by
Kappelman Kristine Ann and Kristine Kappelman Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2012
Sold by
Lodes Kurt P
Bought by
Kappelman Kristine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2011
Sold by
Lodes Vilma
Bought by
Lodes Kurt P

Purchase Details

Closed on
Nov 7, 2006
Sold by
Lodes Kurt P
Bought by
Lodes Kurt P and Lodes Vilma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 2006
Sold by
Lodes Vilma
Bought by
Lodes Kurt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 2004
Sold by
Lodes Kurt
Bought by
Lodes Kurt P and 2004 Kurt P Lodes Revocable Trust

Purchase Details

Closed on
Apr 9, 2004
Sold by
Lodes Karen L
Bought by
Lodes Kurt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2004
Sold by
Duesenberg William H and Duesenberg Cynthia B
Bought by
Lodes Kurt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2003
Sold by
Duesenberg William H and Duesenberg Cynthia B
Bought by
Duesenberg William H and Duesenberg Cynthia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
6.17%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 12, 2001
Sold by
Oxford Homes Inc
Bought by
Duesenberg William H and Duesenberg Cynthia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.15%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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Average Value
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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
Ocean Performance Group Llc -- Orange Coast Title
Ocean Performance Group Llc $1,180,000 Title365 Company Inc
Kappelman Kristine Ann -- None Available
Kappelman Kristine $600,000 Cal Counties Title Company
Lodes Kurt P -- Calcounties Title Nation
Lodes Kurt P -- None Available
Lodes Kurt P -- Fidelity National Title
Lodes Kurt -- Fidelity National Title
Lodes Kurt P -- --
Lodes Kurt -- Gateway Title Company
Lodes Kurt $850,000 Gateway Title Company
Duesenberg William H -- Fidelity National Title Co
Duesenberg William H $534,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ocean Performance Group Llc $1,400,000
Previous Owner Kappelman Kristine $375,000
Previous Owner Kappelman Kristine $480,000
Previous Owner Lodes Kurt P $550,000
Previous Owner Lodes Kurt P $200,000
Previous Owner Reutter Julie $484,000
Previous Owner Lodes Kurt $505,000
Previous Owner Duesenberg William H $460,000
Previous Owner Duesenberg William A $511,250
Previous Owner Duesenberg William H $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2015 11/16/15 Sold $1,180,000 -5.6% $901 / Sq Ft
11/02/2015 11/02/15 Pending -- -- --
08/05/2015 08/05/15 For Sale $1,250,000 -- $954 / 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 $14,787 $1,369,489 $1,188,778 $180,711
2023 $14,439 $1,342,637 $1,165,469 $177,168
2022 $14,197 $1,316,311 $1,142,616 $173,695
2021 $13,926 $1,290,501 $1,120,211 $170,290
2020 $13,792 $1,277,269 $1,108,725 $168,544
2019 $13,509 $1,252,225 $1,086,985 $165,240
2018 $13,241 $1,227,672 $1,065,672 $162,000
2017 $13,008 $1,203,600 $1,044,776 $158,824
2016 $12,717 $1,180,000 $1,021,346 $158,654
2015 $6,872 $627,061 $473,366 $153,695
2014 $6,783 $614,778 $464,093 $150,685
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15172485

California Regional Multiple Listing Service (CRMLS)

APN: 933-940-83