NOT LISTED FOR SALE

Estimated Value: $6,775,000 - $11,085,070

4 Beds
5 Baths
4,337 Sq Ft
$1,929/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $10,000,000 $2,306 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $56,126/month

Highlights

  • Ocean View
  • No HOA
  • Laundry Room
  • Newport Elementary School Rated A
  • 3 Car Attached Garage
  • 1-minute walk to West Jetty View Park

About This Home

As of June 2022

Sold pre-market. Entered for comp purposes only.

Last Agent to Sell the Property

Giovanne Helou

The Oppenheim Group License #02068352 Listed on: 06/03/2022

The Oppenheim Group

Co-Listed By

Lisa Helou

The Oppenheim Group License #00624164

Last Buyer's Agent

Kristine Olson

The Oppenheim Group License #02096021

The Oppenheim Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $109,865

Year Built

  • Built in 1960

Lot Details

  • 4,500 Sq Ft Lot
  • Value in Land

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 4,337 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Great Room with Fireplace
  • Ocean Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Schools

  • Newport Harbor High School

Utilities

  • Central Air

Community Details

  • No Home Owners Association
  • Balboa Peninsula Point Subdivision

Listing and Financial Details

  • Legal Lot and Block 9 / P
  • Tax Tract Number 518
  • Assessor Parcel Number 04829312
  • $364 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$109,865

Year Built

Built in 1960

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04829312
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4337.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Great Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2305.74
  • Room Type: Formal Entry

Exterior Features

  • View: Ocean, Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Newport Mesa Unified
  • High School: Newport Harbor
  • High School: Newport Harbor
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Value In Land
  • Lot Size Sq Ft: 4500.00
  • Lot Size Acres: 0.1033

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4500.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: P
  • Tax Census Tract: 628.00
  • Tax Lot: 9
  • Tax Tract Number: 518
  • TaxOtherAnnualAssessmentAmount: 364.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2024
Sold by
Sierra Alta Trust and Chaim Erez
Bought by
2266 Channel Llc
Current Estimated Value
$8,367,518

Purchase Details

Closed on
Mar 1, 1996
Sold by
Desai R G R and Desai Anand
Bought by
Desai Rajendra G and Desai Anand
Source: Public Records

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Range of Values:

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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
2266 Channel Llc -- None Listed On Document
Desai Rajendra G -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $10,000,000 0.0% $2,306 / Sq Ft
06/03/2022 06/03/22 For Sale $10,000,000 -- $2,306 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
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 $109,865 $10,404,000 $9,519,254 $884,746
2023 $107,307 $10,200,000 $9,332,601 $867,399
2022 $21,570 $2,015,804 $1,338,088 $677,716
2021 $21,157 $1,976,279 $1,311,851 $664,428
2020 $20,954 $1,956,015 $1,298,399 $657,616
2019 $20,521 $1,917,662 $1,272,940 $644,722
2018 $20,039 $1,880,061 $1,247,980 $632,081
2017 $19,683 $1,843,198 $1,223,510 $619,688
2016 $19,240 $1,807,057 $1,199,519 $607,538
2015 $19,058 $1,779,914 $1,181,501 $598,413
2014 $18,607 $1,745,048 $1,158,357 $586,691
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22118177

California Regional Multiple Listing Service (CRMLS)

APN: 048-293-12