NOT LISTED FOR SALE

Estimated Value: $2,497,000 - $2,796,279

2 Beds
1.5 Baths
945 Sq Ft
$2,865/Sq Ft Est. Value

Last Sold March 17, 2021

Last sale price $1,700,000 $1,799 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $16,082/month

15 Days on Market

Highlights

  • Bay View
  • Wood Flooring
  • Attic
  • Newport Elementary School Rated A
  • Main Floor Bedroom
  • Loft

About This Home

As of March 2021

Coastal Cutie! Prepare to be charmed by this vintage Balboa beach cottage that holds endless possibilities. With great "bones" all you need is a little imagination to turn this adorable two bedroom home into your dream beach getaway. A welcoming Dutch-door entry opens to the sunny living and dining areas accented by hardwood floors, a brick fireplace, and an old-time wooden ladder accessing a vaulted loft area above. The adjoining remodeled kitchen features abundant storage, newer stainless steel appliances, and is open to the living and dining area via a breakfast bar counter. Two bedrooms are located on the main level and a sleeping loft/office above with an adjacent outdoor balcony. A vaulted attic space can be accessed from the loft area. Outside the back courtyard also functions as parking and there is a commodious covered storage area and beach shower. Best of all the sunny front patio has views to the water and is perfect for al fresco dining or sharing a glass of wine with friends. Tucked way in one of Balboa Peninsula's best "hidden gem" locations - just steps from the bay front and the beach, as well - this home is ripe for a stylish remodel or rebuild. An opportunity not to be missed! **SFT does not include front porch that was enclosed in the 1980's.

Last Agent to Sell the Property

Tara Shapiro

Coldwell Banker Realty License #01892201 Listed on: 01/21/2021

Coldwell Banker Realty

Last Buyer's Agent

Leslie Thompson

Compass License #01836958

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1923

Lot Details

  • 2,100 Sq Ft Lot
  • Rectangular Lot

Property Views

  • Bay
  • Peek-A-Boo
  • Neighborhood

Interior Spaces

  • 945 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Loft
  • Wood Flooring
  • Attic

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer and Gas Dryer Hookup

Parking

  • Carport
  • Parking Available

Utilities

  • Underground Utilities
  • Natural Gas Connected

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 120 / A
  • Tax Tract Number 220
  • Assessor Parcel Number 04805213

Community Details

Overview

  • No Home Owners Association
  • Balboa Peninsula Subdivision

Recreation

  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1923

Lot Details

2,100 Sq Ft Lot

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04805213
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 945.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 1
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1798.94
  • Room Type: Attic, Kitchen, Loft, Main Floor Bedroom

Exterior Features

  • View: Bay, Neighborhood, Peek-A-Boo
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Carport

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Outside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Watersports, Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 2100.00
  • Lot Size Acres: 0.0482

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2100.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: A
  • Tax Census Tract: 628.00
  • Tax Lot: 120
  • Tax Tract Number: 220

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2021
Closed on
Feb 12, 2021
Sold by
Negendank Ann and Walker Family Trust
Bought by
Honig Keith C and Honig Kelly B
Seller's Agent
Tara Shapiro
Coldwell Banker Realty
Buyer's Agent
Leslie Thompson
Compass
List Price
$1,775,000
Sold Price
$1,700,000
Premium/Discount to List
-$75,000
-4.23%
Current Estimated Value
$2,707,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,007,320
Avg. Annual Appreciation
9.67%
Original Mortgage
$2,196,000
Outstanding Balance
$1,974,108
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$733,212
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Honig Keith C $1,700,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Honig Keith C $2,196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2021 03/17/21 Sold $1,700,000 -4.2% $1,799 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $1,775,000 -- $1,878 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $19,376 $1,840,134 $1,801,474 $38,660
2024 $19,376 $1,804,053 $1,766,151 $37,902
2023 $18,921 $1,768,680 $1,731,521 $37,159
2022 $18,606 $1,734,000 $1,697,569 $36,431
2021 $1,133 $73,114 $58,913 $14,201
2020 $1,122 $72,365 $58,309 $14,056
2019 $1,106 $70,947 $57,166 $13,781
2018 $1,087 $69,556 $56,045 $13,511
2017 $1,069 $68,193 $54,946 $13,247
2016 $1,049 $66,856 $53,868 $12,988
2015 $1,037 $65,852 $53,059 $12,793
2014 $940 $64,563 $52,020 $12,543
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP21013976

California Regional Multiple Listing Service (CRMLS)

APN: 048-052-13

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