NOT LISTED FOR SALE

Estimated Value: $3,475,000 - $3,766,000

4 Beds
2 Baths
1,800 Sq Ft
$1,996/Sq Ft Est. Value

Last Sold May 14, 2015

Last sale price $1,625,000 $903 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $21,587/month

16 Days on Market

Highlights

  • Bay View
  • Open Floorplan
  • Wood Flooring
  • Newport Elementary School Rated A
  • Craftsman Architecture
  • Main Floor Bedroom

About This Home

As of May 2015

OPPORTUNITY IS KNOCKING AND A GREAT DEAL IS AT THE DOOR!!! Newly listed single family residence just two homes from the bay with a view of the water. Only a few steps away from the surf and sand and located in a cul-de-sac are 4 very spacious bedrooms along with an additional family room, fireplace, and attached 2 car garage. Lots of new upgrades in this move-in ready home. Great family friendly neighborhood walking distance to Balboa fun zone.

Last Agent to Sell the Property

Craig Christensen

Newport Realty License #01746332 Listed on: 03/31/2015

Last Buyer's Agent

Steve High

Pacific Sotheby's Int'l Realty License #00936421

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,968

Year Built

  • Built in 1988 | Remodeled

Lot Details

  • 2,178 Sq Ft Lot
  • Property fronts an alley
  • Cul-De-Sac
  • Paved or Partially Paved Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Unassigned Parking

Property Views

  • Bay
  • Harbor
  • City Lights

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Formal Dining Room
  • Bonus Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Range
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting
  • Front Porch

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 48
  • Tax Tract Number 511
  • Assessor Parcel Number 04810233

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,968

Year Built

Built in 1988 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved, Paved
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Craftsman
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04810233
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1800.00
  • Interior Amenities: Balcony, Open Floorplan, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Area, Dining Ell, Separated
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 902.78
  • Room Type: Bonus Room, Family Room, Living Room, Master Bedroom, Main Floor Bedroom
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Bay, City Lights, Harbor
  • Patio And Porch Features: Porch, Front Porch, Slab
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Unassigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Appliances: Disposal, Gas Range
  • Heating Type: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Cul-De-Sac, Paved
  • Lot Size Sq Ft: 2178.00
  • Lot Size Acres: 0.0500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2178.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 48
  • Tax Tract Number: 511

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2015
Closed on
May 20, 2015
Sold by
Sims Gary and Sims Mary Ann Wilkinson
Bought by
Sims Revocable Living Trust
Seller's Agent
Craig Christensen
Newport Realty
Buyer's Agent
Steve High
Pacific Sotheby's Int'l Realty
List Price
$1,695,000
Sold Price
$1,625,000
Premium/Discount to List
-$70,000
-4.13%
Current Estimated Value
$3,592,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,967,512
Avg. Annual Appreciation
8.23%
Original Mortgage
$1,000,000
Outstanding Balance
$781,137
Interest Rate
3.67%
Mortgage Type
New Conventional
Estimated Equity
$2,872,769

Purchase Details

Listed on
Mar 31, 2015
Closed on
Apr 21, 2015
Sold by
Serna Linda E
Bought by
Sims Gary and Sims Mary Ann Wilkinson
Seller's Agent
Craig Christensen
Newport Realty
Buyer's Agent
Steve High
Pacific Sotheby's Int'l Realty
List Price
$1,695,000
Sold Price
$1,625,000
Premium/Discount to List
-$70,000
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$781,137
Interest Rate
3.67%
Mortgage Type
New Conventional
Estimated Equity
$2,872,769
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
Sims Revocable Living Trust -- Accommodation
Sims Gary $1,625,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sims Gary $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2015 05/14/15 Sold $1,625,000 -4.1% $903 / Sq Ft
04/16/2015 04/16/15 Pending -- -- --
03/31/2015 03/31/15 For Sale $1,695,000 -- $942 / 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 $20,968 $1,955,368 $1,706,244 $249,124
2023 $20,476 $1,917,028 $1,672,788 $244,240
2022 $20,136 $1,879,440 $1,639,989 $239,451
2021 $19,751 $1,842,589 $1,607,833 $234,756
2020 $19,561 $1,823,696 $1,591,347 $232,349
2019 $19,038 $1,776,581 $1,560,144 $216,437
2018 $18,659 $1,741,747 $1,529,553 $212,194
2017 $18,329 $1,707,596 $1,499,562 $208,034
2016 $17,733 $1,656,517 $1,470,159 $186,358
2015 $5,179 $465,229 $307,162 $158,067
2014 -- $456,116 $301,145 $154,971
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15067258

California Regional Multiple Listing Service (CRMLS)

APN: 048-102-33