NOT LISTED FOR SALE

Estimated Value: $5,991,457 - $7,316,000

4 Beds
4.5 Baths
2,900 Sq Ft
$2,288/Sq Ft Est. Value

Last Sold April 11, 2014

Last sale price $3,000,000 $1,034 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $38,558/month

Highlights

  • Property has ocean access
  • Primary Bedroom Suite
  • Peek-A-Boo Views
  • Newport Elementary School Rated A
  • Ocean Side of Highway 1
  • Cape Cod Architecture

About This Home

As of April 2014

This is being added for comp purposes only. Went into escrow off market.

Last Agent to Sell the Property

Adrienne Brandes

Surterre Properties Inc. License #01337636 Listed on: 02/18/2014

Surterre Properties Inc.

Last Buyer's Agent

Chris Moreno

Surterre Properties Inc. License #01503663

Surterre Properties Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,331

Year Built

  • Built in 2006

Lot Details

  • 2,614

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Slate Roof
  • Copper Plumbing

Interior Spaces

  • 2,900 Sq Ft Home
  • Elevator
  • Built-In Features
  • High Ceiling
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Home Office
  • Loft
  • Storage
  • Laundry Room
  • Peek-A-Boo Views

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Self-Cleaning Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite

Outdoor Features

  • Property has ocean access
  • Ocean Side of Highway 1
  • Deck
  • Patio
  • Outdoor Fireplace
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Utilities

  • Two cooling system units
  • Forced Air Heating System
  • Sewer Paid

Additional Features

  • 2,614 Sq Ft Lot
  • Property is near a park

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 48
  • Assessor Parcel Number 04825211

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,331

Year Built

Built in 2006

Lot Details

0

HOA Fees

$5 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04825211
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2900.00
  • Interior Amenities: Built-in Features, Elevator, Copper Plumbing Full, High Ceilings, Storage
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Family Kitchen
  • Fireplace Features: Family Room, Outside
  • Levels: Three Or More
  • Price Per Square Foot: 1034.48
  • Room Type: Family Room, Galley Kitchen, Loft, Living Room, Main Floor Bedroom, Master Suite, Office
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private
  • View: Peek-A-Boo
  • Patio And Porch Features: Deck, Porch
  • Pool Private: No
  • Roof: Slate
  • Spa: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In Range, Dishwasher, Range Hood, Microwave, Refrigerator, Self Cleaning Oven, Water Line to Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee: 65.00
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 2614.00
  • Lot Size Acres: 0.0600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2614.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Access, Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 11
  • Tax Tract Number: 048

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2014
Closed on
Feb 21, 2014
Sold by
Maddocks Vance and Maddocks Meryl
Bought by
Kasdan Revocable Living Trust
Seller's Agent
Adrienne Brandes
Surterre Properties Inc.
Buyer's Agent
Chris Moreno
Surterre Properties Inc.
List Price
$3,175,000
Sold Price
$3,000,000
Premium/Discount to List
-$175,000
-5.51%
Current Estimated Value
$6,636,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,636,614
Avg. Annual Appreciation
6.67%
Original Mortgage
$150,000
Interest Rate
4.32%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 18, 2011
Sold by
Thomson Franklin Greg and Thomson Jill Renee
Bought by
Maddocks Vance and Maddocks Meryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,825,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2006
Sold by
Homer Milton R and Homer June M
Bought by
Thomson Franklin Greg and Thomson Jill Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 6, 2006
Sold by
Homer Milton and Homer June
Bought by
Milton R Homer Shore Thing Llc

Purchase Details

Closed on
Apr 18, 2005
Sold by
Milton R Homer Shore Thing Llc
Bought by
Homer Milton and Homer June

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,138
Interest Rate
5.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 24, 2005
Sold by
Homer Milton and Homer June
Bought by
Milton Homer Shore Thing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,138
Interest Rate
5.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 2, 2003
Sold by
Cooper William L and Annette Cooper J
Bought by
Homer Milton and Homer June

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
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
Kasdan Revocable Living Trust $3,000,000 Ticor Title Company Of Ca
Maddocks Vance $2,825,000 Stewart Title
Thomson Franklin Greg -- First American Title Co
Homer Milton R -- First American Title Co
Milton R Homer Shore Thing Llc -- Accommodation
Homer Milton $975,000 Orange Coast Title Company
Milton Homer Shore Thing Llc -- Orange Coast Title Company
Homer Milton $960,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kasdan Kenneth Scott $2,000,000
Closed Kasdan Kenneth Scott $150,000
Previous Owner Kasdan Revocable Living Trust $2,100,000
Previous Owner Maddocks Vance $2,080,000
Previous Owner Maddocks Vance $1,825,000
Previous Owner Thomson Franklin Greg $1,500,000
Previous Owner Homer Milton $99,138
Previous Owner Homer Milton $1,500,000
Previous Owner Homer Milton $100,000
Previous Owner Homer Milton $650,000
Previous Owner Cooper William L $164,000
Previous Owner Cooper William L $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2014 04/11/14 Sold $3,000,000 -5.5% $1,034 / Sq Ft
02/18/2014 02/18/14 For Sale $3,175,000 -- $1,095 / 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
2025 $38,331 $3,677,587 $2,967,992 $709,595
2024 $38,331 $3,605,478 $2,909,796 $695,682
2023 $37,991 $3,534,783 $2,852,741 $682,042
2022 $37,462 $3,465,474 $2,796,805 $668,669
2021 $36,935 $3,397,524 $2,741,966 $655,558
2020 $36,579 $3,362,687 $2,713,850 $648,837
2019 $35,849 $3,296,752 $2,660,637 $636,115
2018 $35,242 $3,232,110 $2,608,467 $623,643
2017 $34,601 $3,168,736 $2,557,321 $611,415
2016 $33,889 $3,106,604 $2,507,177 $599,427
2015 $33,646 $3,059,940 $2,469,516 $590,424
2014 $32,372 $2,952,473 $2,389,568 $562,905
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP14035788

California Regional Multiple Listing Service (CRMLS)

APN: 048-252-11