NOT LISTED FOR SALE

Estimated Value: $3,482,000 - $5,528,000

4 Beds
3.5 Baths
2,319 Sq Ft
$1,817/Sq Ft Est. Value

Last Sold November 13, 2023

Last sale price $2,900,000 $1,251 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $25,648/month

Highlights

  • Bay View
  • Primary Bedroom Suite
  • Open Floorplan
  • Newport Elementary School Rated A
  • Updated Kitchen
  • 1-minute walk to 38th Street Park

About This Home

As of January 2024

This property is available for any lease term over 3 months, and pets are permitted. Large, beautiful beach house on a double corner lot across from the “38th Street Park”, the Newport Island Bridge and the best beaches in Newport. This is a super fun house offering 4 bedrooms, 3 full bathrooms, an oversized 2 car garage with direct access into the house, attached inside laundry and bike storage room, inside “beach shower”, two expansive patios; a wraparound patio in the front for socializing with the neighbors, and a large private interior courtyard perfect to entertain, barbeque or to enjoy privacy and peace and quiet. The home has been updated- New kitchen, AC and heating, updated bathrooms, fresh paint inside and out and a beautiful fireplace in the large light filled living room that opens to the front patio. Enjoy a captivating view of Newport Island and the canal waters from the master bedroom. This home is located just south of PCH, so quick in and out from the peninsula, and close to the markets, restaurants, coffee shops and entertainment. Don’t miss out on this year long vacation home!

Last Agent to Rent the Property

Chris Moreno

Surterre Properties Inc. License #01503663 Listed on: 11/27/2023

Surterre Properties Inc.

Co-Listed By

Cassie Hammond

Surterre Properties Inc. License #01264839

Last Renter's Agent

April Nugent

Seven Gables Real Estate License #01955551

Seven Gables Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,907

Year Built

  • Built in 1961

Lot Details

  • 3,600 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Garden
  • Back and Front Yard

Parking

  • 2 Car Direct Access Garage
  • 1 Open Parking Space
  • Parking Available
  • Combination Of Materials Used In The Driveway

Property Views

  • Bay
  • Canal

Interior Spaces

  • 2,319 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathtub
  • Walk-in Shower

Outdoor Features

  • Open Patio
  • Front Porch

Location

  • Property is near a park

Schools

  • Newport Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Forced Air Heating and Cooling System
  • Private Sewer
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Balboa Peninsula Subdivision

Listing and Financial Details

  • Security Deposit $7,995
  • Rent includes trash collection, water
  • Available 11/25/23
  • Legal Lot and Block 11 / 136
  • Tax Tract Number 670
  • Assessor Parcel Number 42336204

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,907

Year Built

Built in 1961

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Last Month Rent, Pet Deposit
  • Available Date: 2023-11-25
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 7995
  • Furnished: Unfurnished
  • Pets Allowed: Call, Yes
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Other Phone Description: cell
  • Other Phone Number: 949.280.6357
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 42336204
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2319.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Open Floorplan, Recessed Lighting
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Family Kitchen, Dining Room, Separated
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 3.45
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Suite, Walk-In Closet
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Bay, Canal
  • Patio And Porch Features: Patio, Patio Open, Porch, Front Porch, Rear Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway - Combination
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Range
  • Heating Type: Fireplace(s), Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Private Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport
  • Middle School: Ensign
  • High School: Newport Harbor
  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Front Yard, Garden, Landscaped, Level, Park Nearby, Sprinkler System
  • Lot Size Sq Ft: 3600.00
  • Lot Size Acres: 0.0826

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: Negotiable, Short Term Lease
  • Lot Size Area: 3600.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Trash Collection, Water

Tax Info

  • Tax Block: 136
  • Tax Census Tract: 635.00
  • Tax Lot: 11
  • Tax Tract Number: 670

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2023
Closed on
Oct 20, 2023
Sold by
Roy And Suzanne Rhino Family Trust
Bought by
Ddcfrj Invs Lp and Sarns International Llc
Seller's Agent
Roy Rhino
Advantage Real Estate
Buyer's Agent
Chris Moreno
Surterre Properties Inc.
List Price
$4,100,000
Sold Price
$2,900,000
Premium/Discount to List
-$1,200,000
-29.27%
Views
465
Current Estimated Value
$4,213,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,313,999
Avg. Annual Appreciation
22.89%
Original Mortgage
$1,715,000
Interest Rate
7.18%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 18, 2004
Sold by
Rhino Roy N and Rhino Suzanne B
Bought by
Rhino Roy N and Rhino Suzanne B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,500
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2004
Sold by
Rhino Roy N and Rhino Suzanne B
Bought by
Rhino Roy N and Rhino Suzanne B

Purchase Details

Closed on
May 8, 1997
Sold by
Lee Keillor Eric
Bought by
Rhino Roy N and Rhino Suzanne B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,000
Interest Rate
7.34%

Purchase Details

Closed on
Feb 28, 1994
Sold by
Keillor Eric Lee and Keillor Deborah Lynn
Bought by
Keillor Eric Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
4%
Source: Public Records

Range of Values:

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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
Ddcfrj Invs Lp $2,900,000 Western Resources Title Compan
Rhino Roy N -- --
Rhino Roy N -- Chicago Title Co
Rhino Roy N -- --
Rhino Roy N $506,000 Fidelity National Title
Keillor Eric Lee -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Roy & Suzanne Rhino Family Tru $1,715,000
Previous Owner Rhino Roy N $230,000
Previous Owner Rhino Roy N $350,000
Previous Owner Rhino Roy N $271,500
Previous Owner Rhino Roy N $281,500
Previous Owner Rhino Roy N $50,000
Previous Owner Rhino Roy N $291,000
Previous Owner Keillor Eric Lee $392,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2024 01/30/24 Rented $7,995 0.0% --
01/11/2024 01/11/24 Price Changed $7,995 -11.1% $3 / Sq Ft
11/27/2023 11/27/23 For Rent $8,995 0.0% --
11/13/2023 11/13/23 Sold $2,900,000 -8.2% $1,251 / Sq Ft
10/31/2023 10/31/23 Pending -- -- --
10/11/2023 10/11/23 Price Changed $3,160,000 -14.6% $1,363 / Sq Ft
09/25/2023 09/25/23 Price Changed $3,700,000 -7.3% $1,596 / Sq Ft
09/16/2023 09/16/23 Price Changed $3,990,990 -2.7% $1,721 / Sq Ft
09/12/2023 09/12/23 For Sale $4,100,000 -- $1,768 / 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 $30,907 $2,958,000 $2,778,998 $179,002
2024 $30,907 $2,900,000 $2,724,507 $175,493
2023 $8,448 $776,583 $610,343 $166,240
2022 $8,303 $761,356 $598,375 $162,981
2021 $8,144 $746,428 $586,642 $159,786
2020 $8,065 $738,775 $580,627 $158,148
2019 $7,901 $724,290 $569,242 $155,048
2018 $7,744 $710,089 $558,081 $152,008
2017 $7,607 $696,166 $547,138 $149,028
2016 $7,437 $682,516 $536,410 $146,106
2015 $7,365 $672,264 $528,352 $143,912
2014 $7,190 $659,096 $518,003 $141,093
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23216232

California Regional Multiple Listing Service (CRMLS)

APN: 423-362-04