NOT LISTED FOR SALE

Estimated Value: $3,590,284 - $4,190,000

3 Beds
3.5 Baths
1,627 Sq Ft
$2,465/Sq Ft Est. Value

Last Sold February 08, 2013

Last sale price $1,799,000 $1,106 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $23,709/month

44 Days on Market

Highlights

  • Fiberglass Spa
  • Bay View
  • Contemporary Architecture
  • Newport Elementary School Rated A
  • Primary Bedroom Suite
  • Wood Flooring

About This Home

As of February 2013

This luxurious Balboa Peninsula soft-Contemporary style home is fused with style, functionality, modern amenities and bay and beach views. Located mid-peninsula, on a quiet off the beaten path street, this handsome home is proximate to the Newport Harbor Yacht Club, all the fun of 6th Street Beach, the oceanfront boardwalk and the historic Balboa Fun Zone and Pavilion. The house is a study in minimalist architecture with its soaring walls of glass, high-ceilings, hardwood floors and open floor plan. The upstairs features a great room with a fireplace, kitchen with granite countertops and stainless steel appliances, a large master suite with an elegant marble bath, and a large view deck. The lower level has two bedrooms with en-suite baths, and a large garage with vaulted ceilings and an abundance of storage. The house is finished with a rooftop deck with forever views of Newport Harbor, beaches and colorful sunsets

Last Agent to Sell the Property

Steve High

Pacific Sotheby’s International Realty License #00936421 Listed on: 10/29/2012

Pacific Sotheby’s International Realty

Co-Listed By

Evan Corkett

Pacific Sotheby's Int'l Realty License #00468496

Last Buyer's Agent

Howard Wells

Peninsula Realty Partners License #00230656

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,306

Year Built

  • Built in 1980

Lot Details

  • 2,100 Sq Ft Lot
  • Lot Dimensions are 30x70

Parking

  • 2 Car Garage
  • Rear-Facing Garage
  • Single Garage Door

Property Views

  • Bay
  • Harbor

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Metal Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • Wood Burning Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • Great Room with Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

Pool

  • Fiberglass Spa

Utilities

  • Forced Air Heating System
  • Sewer Paid

Community Details

  • Built by Custom
  • Custom

Listing and Financial Details

  • Legal Lot and Block 114 / A
  • Tax Tract Number 220
  • Assessor Parcel Number 04805207

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,306

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 949-640-3603
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Residential)
  • View: Yes
  • Architectural Style: Contemporary, Modern
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04805207
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Electric, Gas, Great Room, Wood Burning
  • Levels: Three Or More
  • Room Type: Master Suite
  • Spa Features: Fiberglass

Exterior Features

  • Patio: No
  • View: Bay, Harbor, Water
  • Fence: No
  • Builder Name: Custom
  • Pool Private: No
  • Roof: Metal
  • Spa: Yes
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: No
  • Parking Features: Garage Faces Rear, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Heating Type: Forced Air
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Size: 30x70
  • Lot Size Sq Ft: 2100.00
  • Lot Size Acres: 0.0480

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2100.0000 Square Feet

Tax Info

  • Tax Block: A
  • Tax Lot: 114
  • Tax Tract Number: 220

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2012
Closed on
Dec 20, 2012
Sold by
Harano Christopher J and Harano Kristen M
Bought by
Posnikoff Judith F
Seller's Agent
Steve High
Pacific Sotheby’s International Realty
Buyer's Agent
Howard Wells
Peninsula Realty Partners
List Price
$1,799,000
Sold Price
$1,799,000
Current Estimated Value
$4,010,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,211,071
Avg. Annual Appreciation
7.19%
Original Mortgage
$1,200,000
Outstanding Balance
$849,032
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$3,453,283

Purchase Details

Closed on
Oct 7, 2011
Sold by
Harano Christopher J and Harano Kristen M
Bought by
Harano Christopher J and Harano Kristen M

Purchase Details

Closed on
May 14, 2004
Sold by
Harano Christopher J and Harano Kristen M
Bought by
Harano Christopher J and Harano Kristen M

Purchase Details

Closed on
Jun 26, 2003
Sold by
Harano Kristen M
Bought by
Harano Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 2001
Sold by
Kerr Russell
Bought by
Harano Christopher J and Harano Kristen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
7.1%

Purchase Details

Closed on
Feb 13, 1997
Sold by
Kerr Russell S
Bought by
Kerr Russell and The Kerr Revocable Living Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Posnikoff Judith F $1,725,000 Stewart Title
Harano Christopher J -- None Available
Harano Christopher J -- --
Harano Christopher J -- --
Harano Christopher J -- First American Title
Harano Christopher J $837,500 Fidelity National Title Ins
Kerr Russell -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Posnikoff Judith F $1,200,000
Previous Owner Harano Christopher J $250,000
Previous Owner Harano Christopher J $500,000
Previous Owner Harano Christopher J $375,000
Previous Owner Harano Christopher J $250,000
Previous Owner Harano Christopher J $100,000
Previous Owner Harano Christopher J $463,000
Previous Owner Harano Christopher J $100,000
Previous Owner Harano Christopher J $466,500
Previous Owner Harano Christopher J $175,000
Previous Owner Harano Christopher J $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2013 02/08/13 Sold $1,799,000 0.0% $1,106 / Sq Ft
12/12/2012 12/12/12 Pending -- -- --
10/29/2012 10/29/12 For Sale $1,799,000 -- $1,106 / 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 $22,306 $2,124,207 $1,847,970 $276,237
2024 $22,306 $2,082,556 $1,811,735 $270,821
2023 $21,783 $2,041,722 $1,776,211 $265,511
2022 $21,422 $2,001,689 $1,741,384 $260,305
2021 $21,012 $1,962,441 $1,707,240 $255,201
2020 $20,810 $1,942,319 $1,689,734 $252,585
2019 $20,380 $1,904,235 $1,656,602 $247,633
2018 $19,974 $1,866,898 $1,624,120 $242,778
2017 $19,621 $1,830,293 $1,592,275 $238,018
2016 $19,181 $1,794,405 $1,561,054 $233,351
2015 $19,000 $1,767,452 $1,537,606 $229,846
2014 $18,552 $1,732,831 $1,507,487 $225,344
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: L40057

California Regional Multiple Listing Service (CRMLS)

APN: 048-052-07