$2,000,000
SOLD DEC 3, 2024
2 Beds
1 Bath
684 Sq Ft
2,250 Sq Ft Lot

Recently Sold

$2,924 Per Sq Ft

Highlights

  • Ocean View
  • No HOA
  • Laundry Room
  • Newport Elementary School Rated A
  • 2 Car Attached Garage
  • Central Air

About This Home

As of December 2024

beachfront

Last Agent to Sell the Property

Michael Taormina

Compass Brokerage Email: Michael.taormina@compass.com License #02068171 Listed on: 12/03/2024

Compass

Last Buyer's Agent

Michael Taormina

Compass Brokerage Email: Michael.taormina@compass.com License #02068171 Listed on: 12/03/2024

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,875

Year Built

  • Built in 1949

Lot Details

  • 2,250 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 684 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Ocean Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 4 / 32
  • Tax Tract Number 512
  • Assessor Parcel Number 42334316
  • $380 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Balboa Peninsula Point Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,875

Year Built

Built in 1949

Lot Details

0

Parking

2

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: 42334316
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 684.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2923.98
  • Room Type: Entry

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2250.00
  • Lot Size Acres: 0.0517

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2250.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 32
  • Tax Census Tract: 635.00
  • Tax Lot: 4
  • Tax Tract Number: 512
  • TaxOtherAnnualAssessmentAmount: 380.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2025
Sold by
Schmidt Bryan
Bought by
Papa Jet Llc
Total Days on Market
0
Current Estimated Value
$1,730,783

Purchase Details

Closed on
Feb 27, 2025
Sold by
Subtrust Gary Allan Schmidts and Marilyn L Schmidt Living Trust
Bought by
Schmidt Bryan M

Purchase Details

Listed on
Dec 3, 2024
Closed on
Jan 25, 2025
Sold by
Mckinstry Schmidt 2020 Trust and Schmidt Kevin
Bought by
Papa Jet Llc
Seller's Agent
Michael Taormina
Compass
Buyer's Agent
Michael Taormina
Compass
List Price
$2,000,000
Sold Price
$2,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-24.27%

Purchase Details

Listed on
Dec 3, 2024
Closed on
Oct 29, 2024
Sold by
Stanley And Linda Scott Marital Trust and Stanley And Linda Scott By-Pass Trust
Bought by
Papa Jet Llc
Seller's Agent
Michael Taormina
Compass
Buyer's Agent
Michael Taormina
Compass
List Price
$2,000,000
Sold Price
$2,000,000

Purchase Details

Closed on
Aug 10, 2020
Sold by
Schmidt Kevin Lee
Bought by
Schmidt Kevin and Mckinstry Rebekah

Purchase Details

Closed on
Oct 31, 2013
Sold by
Scott Stanley A
Bought by
Scott Stanley A and Stanley & Linda Scott Marital Trust

Purchase Details

Closed on
Apr 26, 2001
Sold by
Scott Stanley A
Bought by
Scott Stanley A and Scott Linda F

Purchase Details

Closed on
Dec 17, 1999
Sold by
Scott Stanley A and Schmidt Marilyn L
Bought by
Schmidt Marilyn L and Marilyn L Schmidt Living Trust
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 Type Sale Price Title Company
Grant Deed $250,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Grant Deed $1,000,000 None Listed On Document
Grant Deed $2,000,000 None Listed On Document
Grant Deed $2,000,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2024 12/03/24 Sold $2,000,000 0.0% $2,924 / Sq Ft
12/03/2024 12/03/24 Pending -- -- --
12/03/2024 12/03/24 For Sale $2,000,000 -- $2,924 / 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 $1,875 $140,832 $120,260 $20,572
2023 $1,827 $138,071 $117,902 $20,169
2022 $1,793 $135,364 $115,590 $19,774
2021 $1,761 $132,710 $113,323 $19,387
2020 $1,743 $131,350 $112,161 $19,189
2019 $1,714 $128,775 $109,962 $18,813
2018 $1,683 $613,123 $590,925 $22,198
2017 $1,654 $123,775 $105,691 $18,084
2016 $1,621 $121,349 $103,619 $17,730
2015 $1,603 $119,527 $102,063 $17,464
2014 $1,567 $117,186 $100,064 $17,122
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24243188

California Regional Multiple Listing Service (CRMLS)

APN: 423-343-16